Update

    I am glad that the July 6 turned out so well.In my opinion only this might NOT be the right  time to go short in general.Most of the stochastic indicators seem to me as if the slight pause and small fall is just the right thing,to send the indicators further up.There has been a seven day advance and China also have important info coming out and how the market intrepets it.Gill Markus also can rock our boat,although I have the feeling any decrease has already been discounted.The banks in general are mostly at the top of their individual stoch charts .I should think not a good time to buy ,but you can hold what you have as if the rest of the market runs so will they,for a while yet.OML and ASA might reverse down.SBK is not at the TOP yet so is likely still to rise.
    Resources in general are half way up so are might make a spurt and even run for another period before reaching top.i.e. ACL,AGL,BIL,EXX,SAB AND SOL. IMP and AMS ARE LAGGARDS but are not convincing at this time.Watch other indicators in all the above.Do your own research before trading and ALWAYS KEEP STOP-LOSSES IN PLACE in case the derivitives on the underlying shares don't behave as we had hoped.
Join us on Twitter and then you can add the VIX to follow ,BESIDE ITS MAIN INDICATOR DO LOOK AT ITS CALENDER AS IT STATES THE IMPORTANCE OF NEWS COMING OUT OF THE MAIN COUNTRIES.
SEE BARRY'S BLOG AS WELL FOR NEWS ON RESOURCES. 

Update

 The Stochastic tells me that this might be the right time to go long. I feel confident about AGL and BIL,a little less so about AMS and even less so about IMP.Other indicators also confirm.Only my opinion as always. Do remember to ALWAYS  have your stop losses in place.I also have an index warrant on the TOPI although I bought this on Friday and cannot say if it is now too late to enter.

8pm  The market has turned choppy in America,so shorten those stop-losses on warrants.I still feel that the trend will be up over the next ten days,but obviously the Americans will only react and shares start climbing when positive reports start flowing again. see also   Advanced stock Trading Ideas

July First posting

Well the market is now in full retreat of the FOURTEEN shares we follow.The Stochastic is in each case falling and is either on the 20% stoch line or nearing it Only ASA is below it at this time.The angle of decent is still severvly down and only MTN is already bouncing along the bottom.One must see other signals on the charts before deciding to go long. KIO and SOL  seem as if they are LAGGARDS on the SHORT SIDE.I was short on the INDEX TOPI but I fear got out too soon.Should have stayed in and would have made more.It is so easy to read the signals wrongly.Even if the market seems to turn positive I shall wait till next week to decide when to go LONG AGAIN.
 THE FOURTEEN SHARES THAT I FOLLOW ARE ACL,AGL,AMS,ASA,BIL,EXX,FSR,IMP,KIO,MTN,NED,OML,SBK,SOL.
ALL IS CONJECTURE UPON MY PART,DO YOUR OWN HOME WORK BEFORE DECIDING WHICH TO TAKE.
The VIX shows lack of confidence at the moment and this is a good guide.Better to wait till it shows its going down again and the candles shorten,before going long again.