The market seems to be selling-off on the back of limited bad news imo, apart from the dollar that is.

If you can hold your nerve and apart from any short term requirements to offload poor performing stocks, I have a couple!!, my advice would be sit tight. This does not have the feel of the tech(mining!) bubble at all. Difference being there are a lot of good fundamentals, unlike in 2000 when there were a lot of over rated nothing companies.

Nice, sitting an watching Dow looking to break upwards
shame it never reached my 11160 entry point this time.
Break 11200 and we could go woosh. Will be a nice time to close some longs before the big crash that is coming!!

OIL and GOLD UP
Gonna be a good day tomorrow for minerd and oilers if this holds!!

and down she comes again!! tight stop around 11200

quick 7 points taken!!

wish this thing would make up its mind!!

cliff-hanger ain't it! In many ways, i would love to see DOW whizz through that 11200 mark, but so far it has shown absolutely no interest in doing so ..... Menawhile, my FTSE-short is 2p(!) in the money and have set quite a tight stop on it in case it shoots upwards.

Great day today, and fingers crossed we might see the magic 11200 from dow than hopefully another blue day tomorow,as long as the minds are positive,should think a good day tomorrow.

Unless there is a sudden an unexpected surge within the next 20 minutes, DOW is not going to touch 11200 ..... In fact, it would not surprise me to see it tracking back to little above break even on the day ..... Sorry to sound so gloomy, but I think tomorrow could see a reaction in London where (imo) today's rally was overdone .... With luck, any reaction will prove to be just consolidation at a slightly lower level, say 50/75 down on tonight's close

Than again dow was down yesterday,but we opened higher we might be for another surprise day tomorrow,after last two weeks declines,oils and miners looks a good bets at the moment and does need some correction, i think it was over done,lets be positive,i was not even expecting to start blue today,was a good day for every ones concerned,and managed to regain some what was lost in the last couple of days,and hoping for more recovery.

Dow finishing down , today was mad here , can't see it doing the same tomorrow ,mind you in these markets anythings possible .

would much rather have been proved wrong ...... for all that, i hope rather than expect that London's reaction in the morning will not be too grim ..... suppose i had better keep those shorts running

As long as dow is positive,does that just not matter to give comfort for our minds for a positive again tomorrow,but may be at a much smaller scale,too much of an upturn is also bad for our health.

well it isn't! .... Dow is now down 50+ at 11058 at FTSE down 40+ at 5625

LAST SAW DOW WAS DOWN 16 POINTS STILL FEW MINUTES LEFT,AND ALWAYS OPTIMISIC.

you ain't been watching live time! 11054 mid

Well we shall see tomorrow,early decline may be than into positive territory,any way good luck for tomorrow.

11044

would rather my hedging bet had gone against me, but let's hope London does not get all girlie and throw a tantrum

Got this just about right!!

Shame after nicking 10 here and 10 there I was in the the pub when it broke down, missed 100point play there!!!

Blox!!

Pommy - 23 May 2006 18:03 - 219 of 235
Wedge forming on the daily dow , could blow big time either way in about 2 hours!!!

If it goes down thru 11160 we could see a 100point fall, which i think is more likely than the alternative which would have to see us breach 11200.

I'm trying to RECALL if you are the same Pommy who used to be on the other side - and maybe still is. I think we should be told. Apologies if you are not that re-incarnation.

TOK

I try not to Recall past losses, they are but lessons in the passing of time!! ;)

I know the feeling. Welcome.