rather than pick out individual stocks to trade, it can often be worthwhile to trade the indices themselves, especially in times of high volatility.

for those so inclined, i attach below charts for FTSE and FTSE 250, though one might equally be tempted to trade Dow or S&P, which is significantly broader in its coverage, or even NASDAQ

for ease of reading, i have attached 1 year and 3 month charts in each instance

f**k off harry - lol!
anyone is perfectly entitled to keep piling money into the market or to short it as he sees fit.
for myself, i shall try to force myself to take some profits off the table while they are still there, to give myself a ready warchest for when i think the time is right.
am i going to short the dow tomorrow morning?
No, but if it climbs just a further modest 100 points or so, i shall definitely consider it quite seriously

S&P 500 chart looks ready for a 40-45 point drop, but not sure about the DOW. 11000 seems to be a crucial sticking point. Most uninformed opinion seems to be that it will not easily go past this level, so think I will probably do the same & lock in some profit this week. The w/e FT also reports that statistically the 3 weeks preceding an election are usually poor for stock market trading due to the uncertainty of the result.

i've always said this is just a bear market rally, all along, i am not so sure now, so thats why i'm staying long. when i think it isn't any longer, a bear market rally that is, then i shall have to seriously consider changing my mind and going short. surely everyone knows the market does the opposite to what we think it will, dont they?
regards
jkd

Problem is cynic you will be right, but when ?? is the million dollar question if the Dow sales past 11100 to 11500 before any turn you get stopped out ,it's a dangerous game .
Good luck anyway..

Time has surely come to consider shorting Dow . Even the Fed reserve in an attempt to ensure that there is enough liquidity in place to protect the nations fragile banking system has by increasing the M3 credit based money supply to chrisis proportions almost confirmed this fact . We have NEVER seen such unprecedented unheard of M3 expansion ever before without a chrisis of historic proportions !! Reg FTSE 350- Anyone noticed the start of the movement of a lot of big money from capital growth driven cyclicals -whose returns this past 12 months have been truly staggering - to more high divi paying defensive stocks ? A posting i meant for this thread i posted on CHAR thread by mistake and am to lazy to repeat all the stats. But in essence i would rekkie underpinning portfolio with gold !! ,,,,,,,,,,

"Time has surely come to consider shorting Dow"

why ? ; why now ?

you could have said that at anytime in the last year.

picking tops is a mugs game

and bottom fishing isn't?
when all the world says buy, then it's time to sell .... and vice versa

"all the world" ?

lol

dont fight the fed

and you keep accumulating paper profits without banking any, and then you can watch them fritter away and wring your hands, saying if only

let us know when you stop 'considering shorting the Dow' and actually do it

why do you need to follow what i do?
are you incapable of making your own decisions?
for sure i have already reduced my market exposure this morning

ah, only reduced ?

so, you are undecided then

:-)

did you get any grey matter at birth, or is it just a big black hole in your skull?

What about your long term holdings like AFR cynic ?

AFR is like my cock
i have been holding it for a long time and am now quite attached and certainly have no intention of having it reduced!

As we are talking so personally ,my holdings too big and probably needs reducing .

i know a rabbi who'll do that for you ...... better him that the shochet

for camelot, as seemingly he cannot make his own decisions ....... i went (modestly) short dow yesterday, and i think that may prove to be very profitable ...... it looks to me as though the long awaited and o'due correction is about to get under way

Probably right. From Bloomberg:
"Alcoa reporting missed analysts forecats & valuations are looking a bit stretched, said Chris Hall, who helps manage about $3.7 billion at Argo Investments in Adelaide, Australia. No ones disputing theres going to be a recovery, but its the question of magnitude thats got people a little bit cautious. Investors are waiting for evidence earnings are sustainable beyond the benefits of stimulus measures.

The decline in U.S. futures indicated the Dow Jones Industrial Average may retreat after yesterday closing above 11,000 for the first time since September 2008."

Well that settles it then, if that is what Boomberg are predicting that will probably be the best buy signal you are going to get this week! It's when they advise buying I get worried :o))