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.

That's my lazy investing method. Wait for the markets to come out of a bear phase and then buy and hold while the trend goes up. Only downside is you can't invest for 3 or 4 years in every 10. :-)

Strawbs.

strawbs , can you come in here and tell us when the bear is over :-)))

When I can work that one out you'll be the second person to know.... :-)

Strawbs.

jimmy b,

Yes that's what I attempt to do, as well as trying to buy on days like these.

SECRUOSER

I have to say you are being very naive.

SETS stocks open down because no-one is prepared to buy at any higher level. It's no different for MM's. They're prepared to buy at whatever level they set. You should not be surprised by this.

IT IS A MARKET!!!!!!

Big Al,

I'm not naive. My comments really only refer to fairly lightly traded SEAQ stocks.
If you are only used to dealing with SETS stocks then I understand why my comments will not strike a chord with you.

DOW futures -114 at present.
Also just heard that it is unlikely investors will want to hold open positions over the weekend, so may well see a sell off this p.m., imo.

I trade SEAQ's more than SETS and have done for a number of years!! ;-0

I certainly know what I'm talking about.

Good for you Big Al.

That doesn't mean other people can't have differing opinions, or if they do then they are 'naive'.

Al .... don't waste your breath ...... SE* is convinced MMs are crooked and run a cartel to swindle all and sundry

Harry ..... though what you say about open positions may well be true, it also includes those with short positions, so which way it will all go remains to be seen, but all pretty (very!) scary at the mo

Oh well. Seems some people have cast-iron beliefs that just cannot be tarnished. Of course, the MMs are benevolent charity-workers who absolutely do not want to extract money from PI's... lol

Keep living in your fantasy world.

And before you say the same applies to me, the difference is my viewpoint is based squarely on the evidence of what I see happening, not filtered by dream-world idealism and misguided respect of the establishment.

Fed has cut rates so Dow futures have bolted ....... scared myself by buying a couple of contracts this morning but have just sold one to lock in some profit ..... hard to know if the market(s) will consider this good or bad news, all for fairly obvious reasons.

Dow 13,000 is one obvious level, but the key one (my man says) was 12800 which is teased below this morning and 13250 above

relief! but for how long? anone have the DOW futures?

see above!!

Well that's a bit of good news anyway.

Dow up about 210pts at present, sned.

good filip - have a few L2 screens going BLUE ...... hangon

Everything turning blue ,,currencies ,,indices,,amazing volitality.

... make that 310 up.

I got this link from here for US / DOW futures, but can't find them.

http://online.wsj.com/mdc/public/page/marketsdata.html?mod=topnav_0_0003_public&refresh=on

any-one piont me to another link please?