kitosdad
- 31 Aug 2007 07:49
- 1834 of 3050
Welcome back Slats.
cynic
- 31 Aug 2007 07:54
- 1835 of 3050
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!
cynic
- 31 Aug 2007 08:44
- 1836 of 3050
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!
kitosdad
- 31 Aug 2007 08:56
- 1837 of 3050
se le vee Cyn .. excuse my French.
Greyhound
- 31 Aug 2007 08:58
- 1838 of 3050
Between 260 and 275 I have to consider doubling my short again.
maggiebt4
- 31 Aug 2007 09:42
- 1839 of 3050
What french????
cynic
- 31 Aug 2007 09:58
- 1840 of 3050
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.
hlyeo98
- 31 Aug 2007 16:30
- 1841 of 3050
Wow...270p now. Could it go any further?
cynic
- 31 Aug 2007 16:34
- 1842 of 3050
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
Greyhound
- 31 Aug 2007 16:49
- 1843 of 3050
doubled my short before the close.
cynic
- 31 Aug 2007 16:56
- 1844 of 3050
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.
sivad
- 01 Sep 2007 12:45
- 1845 of 3050
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.
cynic
- 01 Sep 2007 14:55
- 1846 of 3050
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.
Big Al
- 01 Sep 2007 21:31
- 1847 of 3050
Always the trick with a news release, cynic. What they say means little compared to what they don't!! ;-))
cynic
- 07 Sep 2007 11:54
- 1848 of 3050
time to contemplate shorting SOLA again ..... 260 has proved a stumbling block upwards, so next move could easily be sharply downwards
Greyhound
- 07 Sep 2007 13:36
- 1849 of 3050
Both my shorts in profit and with that stinging US payroll number more weakness to come.
cynic
- 07 Sep 2007 13:45
- 1850 of 3050
Greyhound - take a peep at my last post on Dubious Sell-off
Greyhound
- 10 Sep 2007 08:27
- 1851 of 3050
Goldman reduce target to 271p. Due for a retest of 200p now and then a lot of updating for those brokers with targets of 8 I would imagine.
cynic
- 10 Sep 2007 08:43
- 1852 of 3050
shorted on Friday at 254 and dwelt on doing another slab this morning, but was too greedy with spread at 248/254 at the time ...... never mind; be thankful for small mercies
Greyhound
- 10 Sep 2007 08:49
- 1853 of 3050
Well it looks the right move to me and that was quite a drop for Goldman reducing target by 42%.