I suspect trading tomorrow will probably answer this conundrum, but I know there are some far wiser owls than me that contribute to this bb & I would be interested in their opinions.

My question is this: the chart below looks to me like a pullback of the uptrend (ie when it went north through 14.00) however I am unsure as it has now broken down through 14.00 whether this is trending up or down :-(

So what do you think - up or down, or should I just flip a coin :-)) ?

I still own a few mind. Worth a wee punt short @295.7 tight stop.

Not yet chris I need 3.40p to get out......lol

And out @289.2 + 6.5 tomorrows another day :O)

A pause for breath? Down 2%, but hoping for another surge next week past 300p. Must be coming up for divi soon?

Went in for the div and still stuck with them, so another div will be welcome as this has turned into a long term hold....lol never mind not big bucks spent here.,.

Part of the Numis note out yesterday:
"We believe there is a short term risk that the QE2 measures announced last night, could result in negative performance for AHL as was the case with QE1. If you believe that QE2 is yet to be fully priced in by the market, we would err on the side
of caution in relation to Man Group and consider selling. If this is your view, we would pair the sell Man Group, with buy Ashmore (official recommendation: HOLD TP397p), as in theory if QE2 is not yet priced in, emerging market assets could see further gains fuelled by newly cash rich investors seeking higher returns overseas (per QE1).
In the long term we remain positive on the group, as we believe the combined Man/GLG could become one of the most powerful forces in terms of both product and distribution in the alternatives space, combined with likely increasing allocations to alternatives."

Day trade short @ 289.0 based on that Friday feeling.

Good call Chris - I've been watching these for a while but done nowt. "That Friday Feeling" - yes, I think there's a pint(or 2) of youngs with my name on later!

skinny - :O)

Goes ex-divi on the 24th Nov '10, paid on the 14th Dec '10 (9.5).

oh well I'll be around for that i think harry, unless it goes bonkers and goes above 340p.... lol

Wee punt (SB) short @ 294.9

Ex divi next wed. Short from that date maybe a good idea.

Agreed Harry, just a wee punt for Monday, will be well out of SB short by Wed.

I'm short...........and 150 down till it gets back to 3.40

There are times when I despair of my own logic. On reflection (about 5 seconds), what possessed me to go short prior to Ex - Divi date. Careless, suicide trade. Can only hope Indices are down on Monday and take Man with them. Knobhead of the week award! :O(

lol...but i meant in stature .,.

Not pushing my luck on this, out @ 290.0 + 4.9

Funny old day generally. Market lacking direction apart from a few stocks. Have a feeling this may get clobbered on wednesday/thursday.

StockMarketWire.com
Man Group started with sell rating at RBS, target price 235p.