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

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))

I did do a bit more research & found that CNN tended to agree with them, so based on the premise that two wrongs make a right, everyone should therefore be long FTSE & DOW, CC? ;o)

Exactly Harry, If you are so inclined you can make money trading both up and down of course, but I for one wouldn't go short or long and get on a plane for a week hoping with fingers crossed I'd called it right on my return. :o)

new high on dow yesterday (13th)

and now trading higher still