The issue for me now is do I open my short or wait for the trading statement, presumeably coinciding with the AGM on 10/01/06. It goes XD soon after so we should get some interesting SP movements very soon. patience as always. 205p - 210p is an excellent position to open a short if you still believe TPT's markets will remain tough in 2006. If you think this is a "break out", then I suggest you wait for it to be confirmed first. This move above 200p is on pitifully low volume and therefore could be a trap. I am not about to close this thread yet you bulls but good luck in 2006 in all your trading, and above all DYOR. I'll watch the action above 200p a little longer before deciding, but very tempted to be short at these levels going into the AGM statement. All IMHO of course.