Man Group

Good commentary Chilly, cheers.

This is back on the radar...

The trend line doesn't look too great but I've put the chart up to highlight the use of Moving Averages.

Thoughts welcome!

p.s. the attached chart was too small when originally posted, so here's the original sized version, via drop box:

dl.dropbox.com/u/15745438/EMG_08-FEB-13i.jpg

Where is this heading? It has reined in some of its gains pretty as the Euro Zone published its GDP results, but its been up for 8 successive trading sessions.



I thought it had ran out steam at 105p and dumped 60% of my holdings! Now, I'm of the thinking that the momentum will carry it through till results day (end of Feb), given its loyal dividend.

p.s. not too convinced that about the support lines plotted, as this security is heavily tied to currency (USD issued, GBP listed, and seemingly EUR trending).

In any case, I stand by my previous post in using the Moving Averages in entering this - and its worked so far, but in typical fashion - entering a trade has never been the problem for me!

Again, any thoughts on this are welcome!