Member Info for steveinhull

Yet*

That's what worries me. If the jobs report is still hot then we are right back to where we started in the 50s. Get another flash in the pan.

Someone posted numbers from the FCA. It said THG was at 10.65%

Was more the fact it's another increase. Was already over 10% shorted. Looks like the hedge fund ghouls are not leaving even after the rise.

https://twitter.com/shortdatauk/status/1633511698362699777?t=Pc1rcYMuBvBNxSG8NUsFrA&s=19

Of course we need concrete news other than linkedin posts and twitter detectives. The did run up a lot on basically that. We should have expected a pullback at some point. Just disappointing it was so quickly.

But let's see what tomorrow brings.

The good news was we held the 200 MA all day. That's positive.

We need a green day tomorrow. Even it's it's a small gain.

We can write off the last 2 days as you we were bound to get some profit taking from the momo traders who will always cash out at the first sign of a pull back. Think we need a green day tomorrow though. 3 down days in a row and you start to worry it was just another flash in the pan.

Very Finbar Saunders.

Agreed. If we hold the 200 this week it is a victory.

I can see the logic of Shorting an index to hedge a long position. But not individual shares.

Erm I don't short shares and never would. That's Stevescott not me.

So smack on the 200 MA. That's something to hang on to for anyone who uses TA.

I have just moved from trading view back to Sharepad and haven't had time to set it up yet so that's why I am asking.

The "Pump" comment is aimed at the usual suspects putting 2 and 2 together based on LinkedIn posts and coming up with 22. I actually don't blame the company for this. Not a lot they can do with the macro backdrop.

Friday is key day now. If that jobs report is hot then down we go again.

I am in Aviva for the update tomorrow. Fingers crossed.

Completely disagree with you both. It's isn't because people are leveraged. It because we have seen this pattern so many times before and fear it's happening again. A quick pump, and and even quicker dump.

We all hope it isn't. But the memory of all the other times it has been is strong in the mind.

What's the 200 MA ? Are we back under it?

In the short term all eyes on the Friday US jobs report. If that comes in hot again markets take another leg down.

Of course they are not going bankrupt.

Think the ramping gang have moved on from Boots now.

I can actually see him getting something right for once. Does seem like they are working on governance issues. Wouldn't be at all surprised if it's announced at the April results