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!!

time to take a little risk for me at 4980, nice stop in place. exciting to be that low.for now...:)

Best be a wide stop!

any asses for asos?
going cheap, cheap, cheap at 4930 ..... or was that a budgerigar i heard?

Tomasz - I hope you closed.

WOW i though last night this one would get clobbered more than the average.

Yep.Ofcourse man, i had tight 40 points stop, no point got wider here.got rinsed friday already:-).i bet that swoosh run 48s stops, anyway a wonder if this is that order selling from friday 28 february , a buy chunk of 2.8mil at 6950s..?must be steel balls if still holding....

bit daft having a 40 pt stop on this one as it moved much more than that in a blink ..... still, what would one expect

now 4685, yet some were still telling us that the stock was cheap at 7000

Yeah well, whilst can never be totally sure with this stock, further downside appeared more likely than any rise. Shame the resident expert chose to attack the poster rather than listening to the poster! Not that I fell smug, oh no.

well, I see no value in any of posters here excluding maybe couple of singles, in a sense of sympathy rather.period.all being wrong ridiculously too many times that I downgraded it to speculating moronisms.the meaningless.not that I planned, just time prove it itself.

anyway 4685 is important factor for now as converge with 4710 and surrounding 38.2 retracement.

I'm wondering if old tomato is still holding long.....

well it looks as though 4685 was as much use as a chocolate fireguard ..... for all that, there seems no real reason for the dow to be tumbling as it is, but then logic and markets quite often fall out with each other

down to 4500 now must hold, otherwise my god and 4150 filling the gap:)

Just don't be in this...unless shorting....

too scary to do anything, and I always call it wrong anyway

Death cross and £40?

Wow this fall is fenomenal, this is going to be bottom big time, please go to 4100 :-)

I dont use these death crosses, these are lagging indicators and when they appear the market is already made a move, you can see that the death happened at breaking structure at some 6300 area.

Two death crosses - similar to RSL atm.

Reacting to a death cross or a golden cross when it happens is generally too late to initiate a position in the direction of the trend. However, price action tends to revisit the MAs before resuming the original fall / rise. If There is a DC then I'd expect a DCB to somewhere in the region of £50, although as all this will take some time to unfold that target could be some way off. Anyway all dependent on a DC in the first place.

No idea what mr gibberish is on about, no death cross at. £63