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

Bit harsh dont you think cynic-well I guess money to be made in both directions then!

why harsh? ...... if Dow closes high, which it may well do (but thought that last night too!) then yes i prob shall close my position, for the (short term) trend in london may well change, dragging the likes of SOLA in its wake

Just been having a look at the SOLA chart, I may have identified a previous trendline (down) which has been used by the SP on numerous occasions as both support and resistance, it's the turn of support once more and for the next few days that support is at 300p. Obviously cos it's a downtrend the support reduces on a day by day basis. There may also be a parallel trendline 'partner' which if correct will channel the SP south during the coming months with a max SP of 400p. Interestingly should the lower trendline fail, next stop is 200p!!

AIMHO of course and any TA changes on a day by day basis.

Am tempted to short now 320 hasn't held, but shall sit on sidelines and watch...

as always Peter, many thanks for your input ..... am happy to leave my short in place, not least because sp has tracked firmly south again, despite a very strong general market

I woulsnt take any notice of MLs buy note.

From what ive heard the original analyst who told investors to buy at up to 8 just days prior to the last profits warning when it collapsed to 196p was taken off the job and another analyst put in his place.

I wouldnt mind but ML actualy came out with a general note on small caps and warned investors off of buying.

Im staying short.

morning GF ..... i remain short and very happily so too ..... sp has already moved quite substantially against the general market trend, and if US employment whack the Dow, then why would SOLA not fall further - except perhaps for the influence of some bear closing before w/e

Indeed, indeed cyners.

Closed out earlier on. Solar sector may be due a bounce next week.

Still very bearish on sola for the long term.

i did too GF .... only a modest 16p profit this time, but welcome nevertheless ...... was very surprised indeed to see strength in US last night but find it hard to trust or believe that it can hold ..... in fact Dow is now very close to the chart-critical level of 12800 and would be amazed if it blazed straight through that

Yep just watching at the moment cynic.

Is the graph changing direction now?

Yes, it's stopped going down and is a storming buy, fill yer boots :)

My goodness, with that sort of positive recommendation, I am away to raid the kiddies piggy bank.











Ah - just a small problem, they are in a different country at the mo. Ah well.... :)

Went back short after news on interest rate cut. markets not taken positively to it.

Long term support at 280pish but I think this maybe broken over next few days.

Always a gamble but its been very profitable so far.

missed out as travelling but never mind

Cynic - Missed out on some profit, you told me to short this and I didn't... Credit where its due you were right..

can't win 'em all .... was tempted this morning, but as couldn't watch, refrained

sola took one hell of a kicking in the us last night.

should open at about 280p.

http://www.nyse.com/about/listed/lcddata.html?ticker=SOL

I've got sucked in at 330p hinking the graph has changed course.