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 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?

50 points is one hell of a lot and there is some or even a grave danger that that will be seen as a necessary panic measure there being far far more nastiness in the cupboard that has hitherto been disclosed.

next almost incidental Q is whether or not BoE will follow suit at least in part

sned,

On the front page of Igindex:

http://www.igindex.co.uk/

Indicative only, but real-time.

thx - will check it out

the dow has shifted over 615 points in the last 17 hrs.

SECRUOSER

Differing opinions are fine as long as they reflect how the stockmarket works. Yours plainly do not! It ain't rocket science.

Jeez!

Look we'll just have to agree to disagree. Am rather bored of that now don't know about you.

AL ..... perhaps MMs knew 4/5 hours ago that Fed would cut rates but kept it a big dark secret!

LOL

Not having a go at the DOW today cynic ???

bought 2 lots this morning at about 2840 and scared myself shitless for a little while ...... sold one lot to bank on basis that the other now more or less runs for free in a funny way

Well done if you got it for 2840!

Good point ,,cynic you must be looking in the back pages of Country Life for your next house .

whew! talk about waving a magic wand. I need to be mates with this man FED.

sorry to admit, but ours would prob not go in there, as unlikely to hit the open market ...... we were sort of lucky to buy this partially old about 20 years, at what we thought was top dollar, but in a very good location ..... would now fetch (not worth!) comparatively silly money

Why on earth would the Fed reduce after a comparativley small market retracement?

Hmmm.

something nasty in the woodwork?

it's exactly that that is the worry, and will a 50 point cut actuallysolve the prob as far as the market is concerned while the errant banks patch and make good.

wonder if BoE will follow suit at all

Damned if I can think of anything to be honest, md. After all, they've been talking rates anywhere but down recently and they're always so careful on wording, etc.

There's a mild whiff! ;-)))

Doubt BoE will follow suit, cynic. UK not in as much turmoil as US IMO and they've not really delved into propping up the credit markets this week as far as I'm aware. They are about the only ones who haven't!