AVZ now approaching the March 2003 lows as I pointed out last December.
Even though the Brokers managed to talk it back up above 400p last
Christmas so they could exit their positions.(How do they sleep at night?)

Melnibone.

JKX has broken up on a decent bit of news this morning.

sw - you will have mail at some point! ;-)

druid,to right.

23.50 could be key.....

Melnibone

nice to see you still watching GSK. have closed my short (maybe a little early) and am looking for an entry point for a long. Any support around 1050p will be a signal for me to start buying, if it reachs 1000p and holds then im piling in!

sw - mail sent.

Got it thanks.

Had to do a bit of maintenence because of attempted mail hijack.

Sorted out now.

long azn

4M buys in the last half hour for RTO.

Not much before that.

Hmmmmmmm...............

and not much since

Hi Melinbone. Heard alot of good things about you. Would appreciate your comments on Morrisons. My thoughts are on the chart.

Hi David2000,
Thanks for your comment, but I'm not a guru. :-)

Your weekly chart looks to have captured most things to me. Prior
to buying Safeway it basically traded in a sideways range.
It was mainly a Northern company, but now it's competing in the
Southern heartlands and will have teething troubles integrating
and bedding down the Safeway aquisition. The pricing/margin squeeze
from Tesco/Asda/Sainsburys will exacebate these teething problems,
IMHO.

As you indicate, 180p would seem to be the line in the sand where it
becomes decision time to buy or sell.
If it holds, then as you can see on my shorter term daily chart, it has
a huge gap to fill, at leisure, before it meets any selling pressure
from folk who were left trapped on the drop open.

Don't know if any of that helps, but that's my initial take on the
situation.

Melnibone.