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.

Can't imagine too many people going long over the weekend with all this volatility. We might see a short covering rally though as being short over the weekend could be just as dangerous.... :-)

Strawbs

straws , as you said last night , everything depends on if there is a cascading effect.

so many shares to choose from...
could be a time to build a stake in TAN, if an autumn rally is on the cards i still think they could be 220p+ by year end...

Can anyone tell me please, is the DOW expected to recover this afternoon? I can't seem to find any predictions at present.

dow futures down 50 , 20 minutes ago - who knows?

now 78 and falling

My prediction i(for what it's worth) is that'll bounce back and regain about half yesterday's loss...

If you look at the MoneyAM home page in about an hrs time it'll show the futures for the dow and is an indication of if it'll open up or down

So there may be a bit of a recovery on U.K. stocks in that case, which makes a little bounce very tempting! Will it, won't it............?

go FTSE go, down 164 and falling...

My guess. For what it's worth. Bad open, slight short covering rally, worse close.

My theory being. Some will want to get out straight away. Others will close any shorts taken out yesterday in case it suddenly starts to bounce. Late sellers will dump shares into the rally, and nobody will want to risk being long or too short over the weekend.

Of course in this volatility absoloutely anything could happen!

Strawbs.

don't need to look at MAM ..... can tell you now that indications are for Dow to open at 13170, which is down >100 points on last night's close ...... very very bleak indeed

and as always the question is "are there any buyers left?"

Ouch ! not looking good is it ?
London down 184
Dow futures looking to take a big hit on opening.... we're doomed ! Pass the razor blades!

Got a feeling the dow might show a bit of a recovery by the close (imo) if not today, then Monday ! and if not Monday, then Tuesday and if...

think we need that man ,survived1987 , to come on this thread and comment , i was there but did not survive financially!

a bit of a buying spree on BAY @ the mo - is it that broker comment?

all 5 co's that i have sold this week (albeit at a loss/breakeven) down between 3 and 25% the rest are holding up well with the exception of RGM... grrrrrr

oh and its about time we changed the header of this thread...???!!!

the big worry is if any of the big funds have their stop-losses hit

Cascade failure....

Any suggestions on a new thread name.......

Strawbs.

best ask ellio , where is he?

New thread name ..Maybe Definate sell off ???