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

I am new to shorting. Which is the best site to use for shorting smaller companys. Some of the ones I have looked at only list larger companys.

Equally, if it breaks 200dma coinciding with a rally on FTSE, it could arguably be a long... keeps making higher lows...

Having made quite a bit long and short, my preference now stays on the long side. Generally I think we'll see improvements in the sector as a whole and also considering going long on Jetion, JHL.

Sticking firmly with the short.

I notice the management of sola give an update but dont inform investors just how the new tax increases and employee laws coming into affect 1/01/2008 will affect margins. Not so sure these tolling arrangements are positive either, as it means sola becomes more reliant on any paticular supplier and suppliers raw material cost, as there isnt a true spot market for silicon. If silicon prices fall mid to later in 2008 (as predicted) sola could find itself in a real hole.

cyners thanks for the TA above, im on xmas hols now over in spain so its a bit difficult getting to a terminal.

Looks like an inverse head and shoulders with a target of 505-510p .

brave call .... 200 dma needs to be pierced first, and with some sustained impetus

Dil, your a brave man.

with sp just nudging back through 200 dma, it will be interesting to see if that is just a tease or for real

Yes, you're brave Dil. Good luck,but I think you are going the right way.

Breaking nicely, next test Oct highs.

it has indeed, but trying to keep my itchy fingers from buying or selling anything

sp now barely holding above 200 dma .... if already holding, stay put ..... if not, do nowt

touch and go .... see above

Just having a little look at the chart; seems the latest rise has stalled once more on that long term downtrend. There's also a previous uptrend that is providing additional resistance, so on the face of it, would not appear that any further highs should be expected for the moment. I'm kinda thinking a retracement to the 400p level where it would meet support from the latest uptrend. However, SOLA is becoming very difficult to call and I don't think is the trader's dream that is has been for the last year. AIMHO DYOR etc etc

pth

Back in profit with my recent short.

Looks like a lot of traders closing down before the xmas and new year breaks.

i agree Peter ...... if retrace is only to 400, risk/reward does not make it a good punt for the moment

Yeah agree pt and everything volatile xmas week ... I'm out.

Have a good one all.

Happy xmas to you Dil and all the lads.

May it be a prosperous new year for all.

glad i am not short!

Follwoing today's rise it can clearly be seen that the SP has failed (for now) to penetrate the long term downtrend; it had a go but stumbled. What is also obvious is the decreasing volumes sustaining the latest rise; makes me somewhat suspicious that a breakout is not possible in the short term.

Even if it does get through I would expect a pull back to this resistance (where it will become support) so anyone brave enough to initiate a short position may have a get out claus (get it?). :))