rather than pick out individual stocks to trade, it can often be worthwhile to trade the indices themselves, especially in times of high volatility.

for those so inclined, i attach below charts for FTSE and FTSE 250, though one might equally be tempted to trade Dow or S&P, which is significantly broader in its coverage, or even NASDAQ

for ease of reading, i have attached 1 year and 3 month charts in each instance

Or North Korea.

personally, i expect to wait for 14,545 .... however, if i go travelling, may lighten considerably beforehand

skinny - 11 Mar 2013 15:15 - 11282

Where's that ?
Are they a hedge fund!

Or North Korea, I was just sticking to the biggest world economies otherwise the list would go on all day... If central banks used the money they printed to invest in corporate bonds rather than Gilts, Gilt yields would increase and so money would flow out of equities....

Reasons for the rise in indicies... 1. Central Banks expaning money supply and forcing the yields on Gilts down at a time when credit ratings have been falling.

i think there is a good chance and certainly logic for there to be an increase in spending on infrastructure and similar in the budget ......

i'm happy to be contradicted, but there looks to be no reflection of this in the C+M Index, so having taken a profit in 50% of my HG&HC Index this morning, i shall now marry money with mouth

Dollar up and my ETC gold up, Bet that doesn't last long.

FTSE has had a couple of looks over 6,500 - so far it doesn't like it!

Holding above resistance though Skinny..... Close below would make me more comfortable.

Bank of England Prices $2 Billion 0.5% 2016 Bond at 99.964

Says it all...!

Hmmm!

Hmmmm indeed, looking at closing my own FTSE shorts at a loss... Lots that I don't like right now technically... On the daily we've yet to see a fallback, so support is a long way away as per the below. Expected a fall today and a new support line to track against.. Momentum keeps building also.. Nothing but hopes and dreams to suggest a change in direction yet... Although I believe the FTSE is far too high the cheap pound and some attractive yields are still causing investors to pile in...

Regrettably I think you are right Shortie - but I am maintaining my short on the FTSE for now and my long on Gold.

Head is saying close my ftse short - heart is saying leave it alone - heart is winning right now

Closed 1 FTSE short position at loss and stubbornly kept the other open.... My discipline has gone right out the window trading at these dizzy heights... Pretty sure I'm not the only one doing what they know they shouldn't though...

Feel free to dish out a right telling off, I know I need one..!

Shortie - no, you are not alone.

I'm still short.

I nearly sold a sizeable VOD holding this afternoon - the fact that I didn't, should mean the FTSE will now fall - hope this helps! :-)

What I need is a No.2 to place the bets, I'll just do the charting without thinking about the money and someone else will just open and close the trades without looking at the numbers. Think I'll be quids in doing it this way... Now who to trust with the money...

LOL

bhunt - your head is almost certainly right, at least for now ...... keep watching dow which is only 100 pts away from its key target of 14,545 and/or ftse 6550

out of 50% of dow long at 14435 ...... there's prob a bit more puff left, but not so much that i want to chance it all

GBP Manufacturing Production m/m -1.5% consensus 0.0% previous 1.6%

GBP Trade Balance -8.2B consensus -8.8B previous -8.9B

GBP Industrial Production m/m -1.2% consensus 0.1% previous 1.1%

And still the FTSE rises.
It's a fickle market but with the £ falling vs the Euro that makes exports cheaper again.