Paul.This is the way I see it.The stock market is a dog right...

Paul.

This is the way I see it.

The stock market is a dog right now.

It is headed in one direction and one direction only imo and that is DOWN!

There are however other opportunities open to people.

Those include currency trading, Oil futures, gold futures etc.

These markets are going UP and DOWN and if you are successful in trading the volotility one can make handsome profits. One can also loose ones shirt off one back and then some so be very, very careful particualy with leveraged instruments like CFD's.

I am currently trading the aussie with money in the bank, though picking the highs and lows is somewhat problematical at best.

The other pitfall with CFD trading on these markets is should the position you have taken fall in value by 5 percent or more, you may have a margin call which can be a big problem.

So I usually wait till I see what I think is a trend, either down or up and trade that trend as far as I can.

But again, be careful.