Boomed!

[SimonMac]

And its finally hit 6000

Although I love the description given, its whats called a dead cat bounce, as when you drop a cat, even when dead it bounces just a little even though the news is still bad

 

[lukemg]

Reading 'a random walk down wall st' at the moment. Fairly readable if you have some knowledge of the markets etc. Makes some very convincing arguments about why its a waste of time trying to do it yourself or using technical analysis or trying to pick next years hot sector or trying to pick a fund manager who can do it for you.
He says these can all work over short time periods but not long term. He is saying buy the market, some overseas indexes too and regular savings is the only way to go for the amateur. Not read the whole lot yet but might be rethinking my whole strategy. Trouble is I have been enjoying having a go myself.....Think I might be chucking 80% into indexes and have a dabble with the rest.