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.

I'm wrong? .... I don't think so!! ..... Telegraph headline today ..... "Barclays has demanded the immediate repayment of about $900m of mortgage loans from New Century Financial, America's second largest sub-prime lender"

Never said you were wrong.
Read the post again, get off your high horse.
I said I had no idea of the US market.
I said Barclays were an oddball that never did like sub prime lending.
I said they often didn't securitise their debt.
I said I would not regard them as a touchstone.
I NEVER said you were wrong.
The headline refers to Barclays lending money to a business that lends money to sub prime borrowers. Barclays do not care for US sub prime market. So what??
Good grief, man, can you never accept that anyone may have a differing opinion to you??

likewise you .... keep buying those SEO ... strongly touted as a company with unbelievable prospects!!!

Obvious to anyone that my post never in any way criticised you or your opinion.
You, however are insecure enough to feel the need to criticise anyone who has a different opinion.
If you cannot rise above childish jibes and insults you expose yourself for what you are.
SEO is not the subject of this thread, though you choose to mention it as (possibly) an error in my investments. I didn't realise you never got a single thing wrong.
I note howeverthat you do not mention other threads I have started or contribute to, such as BBC, HYC, CTG that have performed remarkably well.
I wonder why that is.

can't be bothered with handbags at dawn ..... have never heard of BBC or CTG .... HYC i look at occasionally as it is a damn good company though have yet to dabble there

Calm down boys - life is too short and your blood pressure important. Recently suffered 3 funerals, deceased aged 16 (car crash), 48 (skiing accident) and 85 (old age).As a neutral, enjoy reading posts from both of you - cynic well named, but brings more realism than most, Alan has more wit in his little finger than most.Would be interested in response from either about the BARC post I made on 20th Feb!

This thread's more volatile than the markets!
And just as much fun.

Oh no it isn't

Oh yes it is

He's behind you!!!!!

are we in for another "whore's drawers" day? ...... Dow indications, having previously shown +40/50 are now slightly negative.

BFC .... normal service has now been resumed and sp is tracking gently south.

Could well see another test of Dow 12000.

Strawbs

if it does, then the big scary Q will be whether or not it will just test or plunge straight through and keep heading south as it threatened to do yesterday

Assuming no other external factors I think it'll probably bounce on technical buying. Of course at some point the technical buyers will be out of money, so each drop is erroding support, and without a sustained move up, a plunge through is likely at some point.

In my opinion....

Strawbs.

diff to call ... am/was half tempted to take at least some profits at 12000 or thereabouts, but didn't yesterday and not sure of my mood today!

Hmmm. If it drops again, I'd look to see what Dollar/Yen is doing. If it's around 116 and falling then I'd probably wait before taking profits, as the markets seem to be tracking dollar/yen closely. It's bounced from around 115.5 a few times, so that might be a good indicator for taking profits from a short.

In my opinion........

Strawbs.

Dow singularly undecided, trading in a very narrow band ..... will be interesting to see hoa it finishes tonight, and even more so tomorrow

It appeared that nobody wanted to hold over the weekend last week, so maybe this week will be the same. Most investors with money will probably sit on the sidelines until all the volatility dies down.

Strawbs

they could be a while waiting then!

Remember that tomorrow is options expiry - nothing moving. Been watching some high beta US stocks and everything in a narrow range. Today's modest rise on the indices is also on lower volume - not sure if that's down to options expiry, or another bearish indicator.

Steve