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 :-)) ?

Pretty grim looking chart Harry, I know past performance is no guarantee but I'm going to wait for RSI to show oversold, maybe 140.0. Lets be honest even if I miss the boat and it rockets from here there will be plenty of opportunities to trade it going back up unless a bid does come along in the meantime. We'll see :O)

mitzy - You still hanging on for 150.0 ?

Almost there now.

Hi Chris.. yep.

indeed - there is talk of a takeover due to emg current weakness - happy to hold and wait here for bounce which will happen t/o or no t/o

A sitting duck gibby.

10 year low hit. (Can't see back any further).
Buying at 140p! ;o)

I agree with you Harry about 140p the 10 year low.

exactly mitzy - i am expecting to obtain more of these and hedge - fantastic sp! i am hoping for lower

gibby - LOL you crack me up mate.

13 year low ?

i amim to bring a smile to the boards LOL!!

I think the low will be about 125p gibby so I will start to buy @137p.

Anyone know what the %age short interest is here? (Don't have a subscription to the relevant website which shows 'declared short interest.)

Thank you. About 2% then? Nothing to get anxious about.

Harry - I don't have a subscription - I just copied and amended the link ! :-)

If the DOW slips over the next two sessions (JP Morgan figures & job stats) then might see 140p for EMG before the weekend.

100p soon

Why..?