Greyhound
- 28 Aug 2007 11:18
- 1809 of 3050
Downward momentum continuing to next support at about 214p Fibonnacci level
goldfinger
- 28 Aug 2007 12:53
- 1810 of 3050
This is mayhem.
Evil K as a 50p target now.
kitosdad
- 28 Aug 2007 13:05
- 1811 of 3050
I don't think anyone believes that this could go to 50p Slats. Not being arguementative mate, just can't believe it could drop that far.
Dil
- 28 Aug 2007 13:08
- 1812 of 3050
Not making any losses here GF as I haven't been long since early in the year ... shorted last week with 180p target (see earlier post).
Greyhound
- 28 Aug 2007 13:21
- 1813 of 3050
I've doubled my short. Now I'm back at the desk I can follow more closely and sentiment is very poor. I'm not so sure about 50p but I would never rule it out. Just to think of a good name, Cable and Wireless in the dotcom boom when all the analysts saying it would double from 6 to 12.... what happened, it was lucky to survive. Not comparing the two stocks just sentiment and the trend being your friend.
goldfinger
- 28 Aug 2007 13:34
- 1814 of 3050
Looks what happened to carter and carter, smc, accident exchange, wng.
You never know.
just getting my legs back after the flight home.
See you guys tomorrow, going for a right pint of ale or 10 now. Spanish stuff is pi-- water.
Greyhound
- 28 Aug 2007 13:44
- 1815 of 3050
Testing the big level now. Volatility abounds.
hlyeo98
- 28 Aug 2007 17:42
- 1816 of 3050
SOLA will free fall to 100p imo.
Big Al
- 28 Aug 2007 17:52
- 1817 of 3050
Should've kept a few more. Still, 'twas a tidy trade. ;-))
goldfinger
- 29 Aug 2007 01:17
- 1818 of 3050
Funds selling big time at the end of the day.
Dil
- 29 Aug 2007 09:44
- 1819 of 3050
Now got a 205p stop loss and 140p target
kitosdad
- 29 Aug 2007 17:44
- 1820 of 3050
Hlye, well that's you sorted as a guru. :-)))) Hope you are very short on SOLA.
hlyeo98
- 30 Aug 2007 08:47
- 1821 of 3050
No, I am not a guru. I am only following Evil's advice but He could be wrong. It looks like SOLA is making a comeback.
kitosdad
- 30 Aug 2007 12:12
- 1822 of 3050
Your Messiah has closed his short and left you holding the baby ... his usual practice Pal.
Greyhound
- 30 Aug 2007 12:25
- 1823 of 3050
I still have one of my shorts. The price has dropped rapidly so a rise of 50p+ should be easy if this is a recovery. I suspect it will just be sold into and this volality will remain for a few months. I'd like to see a double or triple bottom first to indicate a base has been formed.
Dil
- 30 Aug 2007 12:42
- 1824 of 3050
Short again .
goldfinger
- 30 Aug 2007 12:54
- 1825 of 3050
Looks like a few shorters have bought back.
Wouldnt be buying this though with tip sheet weekend coming up.
SCSW follow this one and I cant see them holding on.
Told theres carnage going on , on various threads across the road.
Sure sign to get out, same happened with WNg and others, threads were turned into battlegrounds. Best just to leave it for a while and re enter short side when turmoil as abated.
By the way when I exchanged ideas with Evil k the other day he said he was still short and wouldnt be closing. Says its a long termer.
Greyhound
- 30 Aug 2007 12:55
- 1826 of 3050
Any further rises and I'll be doubling up my short again.
sivad
- 30 Aug 2007 13:29
- 1827 of 3050
Yeah as if EK would discuss his strategy with anyone on a PBB.
goldfinger
- 30 Aug 2007 14:01
- 1828 of 3050
sivad, give him a call or send him an e-mail..
cawkwell@btinternet.com
or tele
02078350868