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

Thats what I was thinking, hlyeo.

Looks to be blind panic in this one.

If this drops through next support level at 400p, the one after that is down at 220p approx.

Forti .... in my opinion, do absolutely zilch until the markets show sustained calmness ..... one of my faves is undoubtedly PFC who have come in with cracking figures and forecast to day, yet the shares have dropped sharply ...... also, RTN whose figures come out tomorrow is also being unfairly lashed (as with many quality stocks) ..... both the above have threads and charts.

btw, gold bullion may be an interesting play as now down to $637 which ought to be a good support level ..... much of the fall is not only due to peeps liquidatying profitable positions, but also the sudden strength of $ ..... imo, this too is totally unwarranted ...... my suspicion is that it has something to do with carry trade positions being unwound (too complicated for me to understand properly! ...... however, if US is truly going into some kind of recession, then surely, while BoE may raise rates in the relatively near future, it becomes ever less likely in US

Carry trade positions being unwound are certainly exaggerating the falls.

Interesting to note the Bubble areas of the market, Chinese stocks, Uranium, small brokers are getting battered harder than others.

Going to take a while before confidence returns to Chinese companies were suspicions were already prevelant.

cynic

would you agree that if the FED were to reduce interest rates that this would be viewed by the markets as a policy of pre-emptive action against a possible recession or a sign of panic?

F18

guess so, but don't see that as likely to happen either .... however, my thoughts about $ strength being due to the unwinding of carry positions has been confirmed by our forex broker ...... as we always have excess $, we have just sold forward into early May @ 1.9250 or thereabouts ..... arguably premature, but as non-speculative, not fussed.

well you barve and hopefull lucky gamblers, Dow is bouncing sharply, though no one knows how far or for how long and SOLA has bounced (just) off the 465/470 resistance ...... pays yer money; takes yer choice

me? ..... long Dow since this morning; just bought bullion (perhaps $5.00 late), so not jumping in here

Bought some SOLA at 475p so hoping for a quick profit tomorrow before the downward slide again!
Presumably it is going to be the Nikkei which is going to affect us first & then the DOW. Double whammy. Lets hope the far east have a good session overnight.

first things first .... F/E will follow USA .... Dow currently up about 100 from its low earlier today = down about 45 from its close last night ...... provided Dow does not have a late sell-off (surge would be lovely), then i would be surprised if F/E also did not stage some kind of rally ..... but be aware that it may be fragile and short-lived

Sorry, yes DOW then Far East.
I agree absolutely. Finger is ready on the sell button!

I've also picked up a few sola at 475-nice bounce today let's hope it continues. results are 16th april.

Dow struggling more than i hoped, and just about holding above 12100 (closed Friday at 12188), though was down on "prognostications" as far as 11962 earlier today

well done Money+ ..... now watch very carefully and set stop loss ...... you could make quite a lot here today, but lose it very quickly .... today's bounce will inevitably be fragile ...... you do not need to read any entrails to KNOW there will be further falls ahead before the markets genuinely bootom out.

oops-down again didn't watch closely enough!! never mind I have confidence in sola but hope to trade in and out occasionally-may rise on US buying this afternoon.

clot, but sympathies ... made a bigger error with Dow a few days ago! ..... if this level (for SOLA) does not hold, then 400 may well be on the cards ..... Isaiah speaks again!

Bin gespannt! as the Germans say. That means I'm waiting expectantly to see whether you are proved right, whilst retaining the capacity for surprise.

Whoever said that English was a more concise language than German?

bend over then you will assuredly have increased your capacity for surprise

btw, surely bin gespannt is perfect tense and therefor in arrears (so to speak!) rather than in the future

Id be rather cauitious of the audited accounts out early April.

Margins

And Negative Cash flow

Could lead to further falls in this one.

We should also get tho know the real amount of profit it as made and that looks down on analyst forecast no matter how you read the latest trading statement.

Literally, "I am tensed". not sure what tense (skating dangerously close to a pun there!) it is, as my grammar is long forgotten; don't ask me, I just speak the language!

Difficult decisions to make here---if I sell I get clobbered by Gordon so I'd thought I'd hold for the 2 year period maybe deprive Gordon but sp might be much lower!!