Greyhound
- 09 Aug 2007 09:51
- 1525 of 3050
We've twice tested below 400p before where we went to about 390p before recovery. A close below 400p is the key (if you're short!)
kitosdad
- 09 Aug 2007 09:58
- 1526 of 3050
Grey ........ I 'aint nothing at the moment, but I don't want to ramp it down. Just waiting to see how the Market treats us all today. I do not have a broker who allows shorting, so it matters little to me where to enter to short.
goldfinger
- 09 Aug 2007 10:04
- 1527 of 3050
Cynic, dont be too premature, its just gone through the 4 quid mark.
What level now TAers????.
goldfinger
- 09 Aug 2007 10:05
- 1528 of 3050
GH just seen your remarks, cheers.
goldfinger
- 09 Aug 2007 10:08
- 1529 of 3050
Cant remember it going below 400p in this present capitulation, must have been away from the screen.
COME ON YOU REDSSSSSSSSSSSSSSS
Greyhound
- 09 Aug 2007 10:15
- 1530 of 3050
It hasn't broken though. I'd need to see it at 390p or below, rising volume and/or a lower close. But it doesn't look good, I still feel this stock is expensive.
Greyhound
- 09 Aug 2007 10:16
- 1531 of 3050
360p Fibonacci level if we do break lower.
cynic
- 09 Aug 2007 10:29
- 1532 of 3050
sp is currently 399/400 and it's questionable as to whether or not it has truly traded below that level ...... anyway, unless i am trading, the intra-day movement is only of passing interest
goldfinger
- 09 Aug 2007 10:42
- 1533 of 3050
Sell triggers going off at 399p.
Cant see this one holding up.
kitosdad
- 09 Aug 2007 10:45
- 1534 of 3050
Pity you didn't short it then Slats, you fence-sitter.LOL.
goldfinger
- 09 Aug 2007 11:09
- 1535 of 3050
Youve certainly got confirmation that its under 4 now cynic.
Increasing your position?.
goldfinger
- 09 Aug 2007 11:15
- 1536 of 3050
Thats Evil K in profit on his first purchased tranche.
Greyhound
- 09 Aug 2007 11:16
- 1537 of 3050
I may increase short below 390p
cynic
- 09 Aug 2007 11:34
- 1538 of 3050
400 well and truly broken now ..... shall i increase my short? ...... not sure; will dwell on it
goldfinger
- 09 Aug 2007 11:34
- 1539 of 3050
Strange that Sola chief Charles hasnt issued an RNS re- to fall in sp, after all its now over 30% from recent highs. Unless.......
cynic
- 09 Aug 2007 11:36
- 1540 of 3050
fall in sp is no reason to issue RNS ....... simple answer would be that sp was over-valued and is merely returning to reality (or similar)
goldfinger
- 09 Aug 2007 11:41
- 1541 of 3050
Yep but you normally get a rns from management saying 2"we know of no reason for the drop in Sp over the last so and so" unless of course there are problems?.
goldfinger
- 09 Aug 2007 11:45
- 1542 of 3050
A lot of 'O' sells going through now.
Will be interesting to see what happens to the sp over the lunch period when the workers tune in.
goldfinger
- 09 Aug 2007 12:05
- 1543 of 3050
Lunch time crowd all selling.
This one is in total collapse.
Never mind 360p here we come 330p.
goldfinger
- 09 Aug 2007 12:13
- 1544 of 3050
US futures turning negative.
Doesnt bode well for sola.