Read the latest interims.......just make sure that you are sitting down.

SOLA SHORTED TO 1 POUND BY A LOT OF PEOPLE

Yes. Evil is still shorting. No worries.

Kitos hasn't got any clue at all.

hello my children .... trust not too much bickering while i was cycling around Burgundy ...... though i rather lost touch with things while i was away, i am happy to find very much to my surpsise that my porfolio has increased in value in my absense; must be a moral there somewhere!

anyway, the big winner was of course the short on SOLA, which i was fortunate enough to shut off at 208 just after it started bouncing yesterday evening ...... i tried to BUY at auction at 215 was outbid at 217 .... shame, even if it was just something of a greedy punt.

what now? ..... with sp now at 240 (a notional earlier and failed support) i really don't know, and i shall now have to get back into rhythm so i can call it totally wrong!

Hello 'little child lost' cynic where have you been?. (there are internet cafes)

My China man tells me that more bad news is set to come out.

Patience will prevail................... as always.

Hope you had a good one.

regards me.

Welcome back Slats.

internet cafes (un cyber in french) are actually quite thin on the ground, and seemingly virtually non-existent in Dijon and Beaune ..... in any case, we were cycling quite a lot .... prior to lunching and dining that is!

anyway, with regard to SOLA, the fact that i closed my short does not mean that i now think the share will recover its former heights etc etc ..... however, shares,like markets, neither fall nor rise in a straight line, and having fallen by about a third in 10(?) days, a sharp rally was always likley ...... and a banked profit is for real, whereas paper is not!

bears are being well cuddled at the moment = +16 @ 256 mid ..... would have been very nice to have been able to buy at 215, but can't win them all!

se le vee Cyn .. excuse my French.

Between 260 and 275 I have to consider doubling my short again.

What french????

have just reminded myself of what the chart looks like ...... the DMAs are currently meaningless with 25/50/200 all being miles above the current level, though falling sharply ..... 240 should have been a reaonable support/resistance, but proved to be neither! ..... 280 was a level that we talked about (need PT to check one of his more sophisticated models) and 300 is an obvious resistance, for psychological reasons if no other.

Wow...270p now. Could it go any further?

yes, but quite likley to stall at 300 is my guess, even though some brokers still have pretty high targets set ...... personally, i think the full year figures will disappoint anyway and shall certainly be following sp with a view to shorting rather than buying

doubled my short before the close.

well i hope your first part was at 320+ then ...... it is not impossible that Fed + Bernanke could boost Dow even further - i.e. rumoured bail-out of the poorest families hit by sub-prime lending shenanigans, and thus, by definition, bail-out of the companies who have got themselves and others in a fix.

This will tank north on Monday broker tagets at 4+ looked at the 4,=.15 activity and it appeared we were hort of ordered stock-hit +42p late on before stock became available.

interesting oxymoron! ..... tanking = south at a gallop.
i would not be surprised to see 3.00 hit as further pressure is put on bears, but i still reckon that y/e figures will be vile with obvious implications for sp ...... latest figures already warn of impact on y/e results, but the avoidance of forecasting by how much makes me listen harder to what has NOT been said.

Always the trick with a news release, cynic. What they say means little compared to what they don't!! ;-))

time to contemplate shorting SOLA again ..... 260 has proved a stumbling block upwards, so next move could easily be sharply downwards