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.

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.

got it!!

lovely, now come back down so i can swap that june for a december!!

GPX - am sorry I was rather forced out of that a few days ago, albeit still at a profit, but could not keep holding everything ...... surely you could have just called SG to place the shares via the market, or does that not work for spreads?

Edited.
Point made

it was in backwardation , could have called, closed out at 190+ in the end anywya and reopened some at 183 .
On the other side someone is feeding the BB with what seems like good info!!
Watch Philip!

have also got back in at 180 ... thanks for bringing it to my/our attention

i will be closing all my sb's into the next rally, and selling many of my paid for positions. Im well up on the year, despite a beating recently, but i beleive there is a mother of a fall on its way and i will be buying SnP Sept puts when this rally runs outta steam! 1125 on the Snp but August is possible IMHO, its gone up on small volume over the last few months!

no one knows whats going to happen. im hedging on going sideways for a while until the full extent of all the worries come to the surface ie no 1 inflation, iranian situation, commoditity situation.

Your right Kivver ,no one knows ,look at the last 2 days ,you can try and trade this all you like ,but it will be luck more than judgement if you keep getting it right.

I've been trying out a "demo CFD" service, where you get some play money to trade with, as I wanted to see if I'd be any good at trading (as oppossed to investing). Very scary. Good job it was only play money. It was an eye opener though, as to where all this volatility is coming from, and does nothing but highlight my fears of much much worse to come.....

Strawbs.

Knees up, Mother Brown.
Knees up, Mother Brown.
Knees up, Knees up,
Better get your knees up,
Knees up, Mother Brown.

Sorry, got to do something for my spirits upon seeing all this red. Would it make everyone feel better if I made a cup of tea?

Please. No sugar. ;-)

Biscuit as well, Strawbs?

Hmmm. Better watch my waistline.......get larger.

Got any custard creams...... :-)

Theres going to be a lot lost to the market strawbs.

A lot of these youngsters who come in with a TA manual and a CFD or SB account will have been hit very hard, and will no longer have the will to function on the markets.

Credit in the market place is exaggerating the falls.

Custard creams very difficult to get hold of in Germany, Strawbs.

Although they do have a circular, chocolate-filled affair called "Prinzen" (= princes), marketed under a slogan which translates to "Princes come further". The mind boggles . . .