re: who has got the guts to go long lol? Sabre, know what you...

re: who has got the guts to go long lol? Sabre, know what you mean about the bad news already factored in. But the chart is telling a big story with SGW. This week's move up to the key resistance at $1.39 and the failure there had all the hallmarks of a suckers rally in a downtrend. We've seen it so many times before, surprise and disappointment during these phases of write down and rationalisation in fallen blue-chips.
I am holding short with a stops in place just above $1.39. Until it moves above this level, the only way is south for SGW imho.