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

more to the point, it now looks very much that i closed my short too early, though a decent profit such as that achieved should never be sneezed at

High hopes??? SOLA has been disappointing shareholders since beginning of the year

Taken has a profit warning in the US on falling margins and rightly so, oh what a little beut of a short this his. Down 20% on the DOW.

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

The debt is nasty too goldfinger, anyone short on this is right IMO.

240 is likely to prove a resistance, being 25 dma .... however, sp has not hit that point/line for a little while, so may even be worth shorting at the current level - i.e. into this rally

it might even go beyond the 240p mark at this rate.

or not as the case may be - lol!

200 - 220p was always looking like good support level.

I'm long again here now, like the look of a potential double bottom (summer lows last year).

Thats it lads, im out for good with a whoping profit over the months shorting this.
What a cracker hey cyners?.

Anyway im going "non deplue" and watching the market now, it seems to me that dividend yield from shares in ftse all share is catching up with gilts yield and I may be wrong but this could mark the turn in the markets given that credit crunch is already priced in.

Then again the 'oportunity cost' of economics may prove deposit accounts to be at 6% plus more enticing to some more than a tracker fund, but ill take mi chances and close all my long short positions down.

Im watching with interest.

Any TA analysis on the ftse all share would be appreciated.

regards......... me.

GF-check out kenz before you go into total withdrawal I'm expecting Cynic there any day!!

sola motoring as we speak.

Cracking gains off the 2 support.

first time 25 dma has been broken for some time, and 50 dma even challenged even longer

so is this good or bad.

Near 50% in under a week is nice but getting a little quick for my comfortability....although I note Goldman's recent buy rec, target 330p

Too far too fast, imo.
Expect a bounce, but hopefully this is the start of the up-trend.

I did well on these before they fell from grace---I'm pleased to say I'm back in in a small way. After the general sell out pre 5th April--I'm hoping for a great recovery in the sp.

Any SOLA rally will be sold into, the shorters will be happy to see the latest rise and pick their moment. Happens every time.

But that doesn't mean it will always happen