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

Harry, I'm not really doing anything with stocks at the moment, but long from 2 was a no brainer.

Hi chaps back again to see you all, hope your all keeping well.

Im beginning to think its not far off "GET READY TO RUMBLE TIME". (on the down side)

A P/E of 19 flatters this one as we all know at 580p the 10% bond redemption can kick in and theres still the employee dilution which can affect the SP.

Dont think its time just yet but going into May I feel the next down leg of the bear will kick in and im armed ready to take advantage of it.

Remember this since 1970 in April the ftse all share has risen 31 times out of 37 times only to be followed by dire market conditions from may to october in fact the ftse all share on average has only risen by 0.25% in this 6 month period since 1990.

Weve had both bear and bull markets since 1990 aswell.

The effects of the credit crisis have yet to be felt in the real economy as a whole and i see a lack of growth with increased unemployment and poor PI investment liquidity.

Sees ya later.

I posted this across the road yesterday evening and im off to a good start. Thought you would have read the signs cyners.......................

Back in again lads. 460p seems to be a pivitol point of resistance and one the stock cannot break through.

RSI is also well overbought and anyone checking this out will see that on previous ocassions (many) when this has happened a big fall has materialised.

Longer term a triple top could develop which would indicate a correction is on the cards down to the 200p sp mark.

As ever the market and sentiment will prevail and I see signs of the "May go away" senario developing.

Would be wise for traders to exit first thing as the stock fell nearlly 5% on close in the US and they certainly have twigged that 460p is a pivitol point.

Ah, so you will be Stock Screeners then GF, not exactly popular over there are you? LoL

460p is a fair point though, but I still wouldn't put it past SOLA to push onto 550p. The latest rise has been far too quick and naturally is taking a breather, perhaps once the retracement is complete another push could be on the cards, depends where the retracement stops though ;)

SOLA will be down again in london in the morning ...... sp lost further ground in NY

i accept that the closing price can often be distorted, but suddenly sp looks to have crumbled to 405 ...... tomorrow's opening will reveal the accuracy of this .... certainly its peer FSLR in US has taken a battering today, with a certain reflection in SOL (SOLA ADRs) which, as i write, stand at $16.53 after opening at $17.03

Looks like a 390p opening in the morning.

PTH yep correct. Dont really care about being popular and lets face it when you are short you are going to get a lot of stick especially from the numptys over there.

am moderately tempted to bank my (new) profit

Difficult to know what is going to happen here. This share will follow market sentiment so if it is indeed changing then you will be shorting at your peril.

It is a difficult one, but I'm hanging onto my long position.

have banked a respectable profit considering i have only re-shorted here within the last 10 days


and that now looks to have been a smart move!

Well friday it hit 435p before retracing back more or less to the open price.

Is the Dow open on monday?.

yes it is

Cheers cyners.

Mojo over in the US is bearish medium term......

http://www.youtube.com/watch?v=cGw71kvQ10c

Nice pick-up on that news. Looks good for a test higher again.

Interesting couple of days ahead to look forward to. If the SP fails at 460p again today and perhaps tomorrow, the dreaded double top will have been formed, the usual self-fulfilling prophecy and the recent rise will be sold into very heavily. On the other hand a break through this resistance level and I would suggest 550p is on the cards.

Looks to me that it is range bound from 460p to 400p and playing this up and down could be very profitable.

Results are due next wednesday though so all could change....... either way.

GF .... hope you are not currently short ..... SOL (US ticker) was up about 12% last night (friday), which assuredly must get reflected in London on monday

Cyners , yep got caught out. I can take it though on the chin.

Estimated loss of over 20 grand but thats the pitfall with a dual listed stock.
Still 5 times that amount though in profit overall since its appearance in the UK.

Think ill add another rule to my golden rules, never ever again touch a dual listed stock. aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaGH.

UTD to win the premiership tommorrow will ofset the pain I hope.