ASOS have dropped quite significantly in the past week for no particular reason and I view this as the perfect opportunity to invest as I can see them bouncing right back up to the 5.50p mark in the next 2-3 weeks. STRONG BUY!!

au contraire ma chere cloche - the SP bounced off both the lower trend line and the psychological 300p level today.

The drop across the entire retail sector is in the range 5-15%. The growth in the much smaller on-line sector is 50-75%. So ASC can continue to do very well (even beating overall market shifts) whilst the wider retail market suffers. It's not just the footloose and fancy free teens - the shift in 45-55 yr old market towards on-line is also significant as it is across all other age ranges than can actually use a computer.

Did our ears deceive us? At the panel discussion What makes a successful site, were sure we heard Asoss chief Nick Robertson say it would be easy for his business to trade in France within 18 months using the same stock as its UK website. Whether or not this is something he is seriously considering remains to be seen.
taken from this weeks e-business newsletter.

Held very well off support yesterday. Shall just watch (general) market for a bit before coming back in..

greyhound agree 3 looks good support for now.

note that bounce was exactly off 50 dma - see above

cheers cynic it dipped below the 50dma & 3 interday for about an hour yesterday.

Also a good sign that when the s/p dips it ALWAYS bounces back and latest low always higher than previous low

But won't always.

so far it has, but when it stops doing that it will be time to possibly reconsider holding/strategy

I still want to get back in here but my gut instinct tells me this needs to correct, albeit the trading's good, the strategy is good etc. Sitting and waiting for the time being...

nice to see the 3 level holding once again.

Holding well. In the general market I suspect today could be a suckers rally however.

might be wrong but i think you have missed the chance buying around the 3 mark, over the last 2 weeks it has hit 3 & below 5 times and bounced that shows strength at this level, it would have been a low risk entry point, if you set a stop loss at 2.90.

nice bounce back this morning,down to a low of 3.14 each dip now is shortlived.

a bit lucky here- had a stop loss on at 290 and just about escaped the trigger

Maybe, got out at about this level so can wait a bit...

Do you think EBTM will be the next Asos

Long again at the tail end of last week with the support of 320 holding again. Still not convinced it's necessarily the right decision however.

Greyhound- u r doing all right-approaching new highs again. Guess clocktower cancelled his Caribean hol's and opted now for Butlins instead

Also bought a few k more this morning as the chart is now looking better to me after the ups/downs around 330p for the last month.