hangon
- 19 Nov 2007 15:54
- 1990 of 3050
I agree with the sentiment; although I have no experience of "shorting", it strikes me that you should be fairly safe ( er, again.).
Are you locked-into a specific time-frame?
cynic
- 19 Nov 2007 16:01
- 1991 of 3050
no time frame ..... this is CFD rather than traded option or similar
cynic
- 20 Nov 2007 09:03
- 1992 of 3050
and so far so good .... if sp does not recover above 400 by close of biz, we could easily see 360 again or even lower
cynic
- 20 Nov 2007 12:01
- 1993 of 3050
banked a reasonable/modest profit .... if i could make that every day of the year without breaking sweat would be very happy
goldfinger
- 21 Nov 2007 04:34
- 1994 of 3050
What after 2 days?.
Blimey cyners Im a long termer but i didnt think you short termers were that short term.
Im about 25 grand up at the moment, but this is one hell of a risky stock with the beta being so high. Doesnt take much either way to make big money or lose money here.
goldfinger
- 21 Nov 2007 04:36
- 1995 of 3050
Cynic, dont mean too be nosey but what else have you on the short list?.
cynic
- 21 Nov 2007 07:58
- 1996 of 3050
nothing at the moment, but shall contemplate reopening short here, and if i get greedy, perhaps doing same with NRK ..... i closed my position on SOLA because the share was holding very steady indeed which i really did not expect
goldfinger
- 21 Nov 2007 14:30
- 1997 of 3050
Cheers Cynic. I added to my short yesterday,
Well in the money.
cynic
- 21 Nov 2007 15:08
- 1998 of 3050
i shorted this morning at 396
hlyeo98
- 21 Nov 2007 15:46
- 1999 of 3050
Good call, cynic.
cynic
- 21 Nov 2007 15:57
- 2000 of 3050
shame i haven't made more!
knowing that there needs to be at least DCB is little comfort when the markets seem determined to keep heading rapidly south
hlyeo98
- 21 Nov 2007 16:04
- 2001 of 3050
Hehe, don't be greedy. Have you shorted NRK again today?
cynic
- 21 Nov 2007 16:19
- 2002 of 3050
not being greedy .... just trying to ameliorate the losses on the rest of my portfolio!
steered clear pof NRK today ..... i just feel sp could surge against the grain as profits are booked and/or margins need to be settled elsewhere
SOLA
for general info, at 365, sp has ducked through 50 dma, the 25 dma having beeen broken some way higher.
If PTH reads this, he may give a more sophisticated chart reading, but I don't see much support before the psychological barrier of 300
goldfinger
- 22 Nov 2007 03:48
- 2003 of 3050
300p or less will do me cyners.
Dow down again last night, looks like a good day coming up here again.
cynic
- 22 Nov 2007 11:09
- 2004 of 3050
bugger .... took my profit at 368 this morning as markets were threatening to go quite a lot better .... never mind; makes a change to have a profit to bank in these markets
hlyeo98
- 22 Nov 2007 12:12
- 2005 of 3050
Shorted at 369p this morning, cynic...following you. Didn't expect you to bail out so soon.
cynic
- 22 Nov 2007 12:13
- 2006 of 3050
i shorted at 396 so had a respectable profit
hlyeo98
- 22 Nov 2007 12:15
- 2007 of 3050
Not bad...it is my turn now...wish me luck
goldfinger
- 22 Nov 2007 12:38
- 2008 of 3050
Going well again at the moment, ie, down.
cynic
- 22 Nov 2007 12:56
- 2009 of 3050
hyleo .... does not look as though you will come to any harm, but be aware that sp can move a bit sharpish