Moxy does Sappi

[#1]

SEQ's analyst babe does Sap's chart. I agree (hoor hoor). OMO, it's a classic righteous trade: it's on long term support in a longterm bull trend. So either a quick stoppout (for me 120 end-of-day) or resumption of upleg.

[Tango]

Looks like I tried to pick this one too early last week. I'm going to wait for a reversal day before piling in, but I agree, looks like a good one to trade long

[john_1]

there are some fundimentals suporting this , after all, with all those sub prime loans going bust.There will be a huge demand from layers writing to all and sundry trying to recover funds. This is going to add to paper demand 'cos not even layers can scare people with emails.

[#4]

I read somewhere they own a factory in the US that is also the world's largest producers of..shower curtains. Maybe they should use Norman Bates as a logo. Also one of our Murray's favourites, btw.

[john_1]

Did you buy ?

[#6]

Yup, this morning - sapsta

[#7]

Mye carramba. Looks like an exit.

[#8]

Time to pay Mr Market. Will sell in the course of this morning - a small loss. Next support level 110. Durn.

[Tango]

It's still looking oversold to me, but I'm going to wait for a reversal day before jumping back in.

[john_1]

My expectation is it is going to breach the 119 level, then bounce back up to test this level and in doing so unwind some of that oversold energy. then on to test its long term support at 110 were I would expect it to hold and start to recover. this will be a great entry point.

[Brazen]

Yip. 110 would be great. Out this morning and also out of my lovely SOL at 275. No market today, gonna put my overalls on and do some renovating on my house. Need to work off all that Milo and toast.

[john_1]

Looks like I will also be out of all longs, I am short the index and loving it.

[Brazen]

Holy cr@p! I really didn't want to stick to my stops this morning but I did. And really glad too. Seems it was a good day for renovating.