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

Ah, looked at Bloomberg futures page and forgot time difference. Duh!
Feelgood factor didn't last long though for the DOW.

We all do it Harry dont worry bud

Just funny when you see it happen.

My warped sense of humour.

Glad its not as bad as cynics though.

Cynic reckon you havent gone far enough here.

Surely it should be trade the FTSE 350.

i've never followed FTSE 350 at all .... for that matter, i don't even trade FTSE 250 as it's far too scary

meanwhile, today is very odd indeed, - and indeed not very nice either as far as i ma concerned, even though it's quite warm and sunny here

btw, i don't have a warped sense of humour - i'm warped through and through!

true true

crazy day ...... this morning, i banked my profit in HG+HC and thought i had been too hasty, but it hs suddenly dropped sharply ..... my Dow short was beginning to look a bit sickly, but fortunately i stayed with it, and it is now handsomely in the money (again)

Shortie - 19 Mar 2013 10:12 - 11445 of 11460


Nice trade...

German PPI m/m -0.1% consensus 0.2% previous 0.8%

Fly me to the moon.

EUR Current Account 14.8B consensus 7.9B previous 13.9B

That dates you bit skinny! Mid 1950's I think. Frank from the brat pack ;o)

My Dad was a big Sinatra fan, so we couldn't escape it as youngsters.

i'm obviously missing something other than the obvious 2 screws .....

HG+HC is roaring ahead yet again, while C+M is merely limping north .... however, i would have thought that any budget stimulus would be more relevant to the latter

Cynic RB. BDEV&CRST all well ahead today.

GBP Claimant Count Change -1.5K consensus -5.2K previous -12.5K

GBP MPC Meeting Minutes 0-0-9 consensus 0-0-9 previous 0-0-9

GBP Unemployment Rate 7.8% consensus 7.8% previous 7.8%

GBP Average Earnings Index 3m/y 1.2 % consensus 1.5% previous 1.4%

Davai - 19 Mar 2013 18:41 - 11461 of 11468 - Thank you...

Short on the DAX today.. 8004.8

BOE Minutes Show Sterling, Inflation Fears

By Jason Douglas and Alex Brittain LONDON--Bank of England officials held fire on fresh stimulus for the U.K. economy in March because of concerns that more bond purchases could drive down sterling and undermine public perceptions of the central bank's commitment to fighting inflation. Minutes of the rate-setting Monetary Policy Committee's March policy meeting, published Wednesday, revealed Governor Mervyn King and two other officials were defeated in their push for more stimulus for the second month in a row. The committee voted in March to leave the BOE's benchmark interest rate at 0.5% and the size of its bond-buying program at 375 billion pounds ($566 billion). The minutes show Mr. King, Paul Fisher and David Miles argued for another GBP25 billion of central bank bond purchases, saying extra stimulus would support demand without setting off inflation. But the remaining six committee members disagreed, saying more stimulus would risk driving up expectations of future inflation, which can add pressure to wages and prices, and also risk causing "an unwarranted depreciation of sterling if it were misinterpreted as a lack of commitment to maintaining low inflation in the medium term." Annual inflation rose to 2.8% in February and is expected to rise further away from the BOE's target this year. The minutes underscore a deepening division on the MPC over how to respond to weak growth and high inflation ahead of Chancellor of the Exchequer George Osborne's annual budget statement later Wednesday. Many analysts believe he may tweak the BOE's mandate in a bid to encourage more stimulus and spark faster economic growth. The minutes also revealed the committee believes the likelihood the economy shrinks in the first three months of the year is about 50-50, which would push the U.K. into its third recession in five years. A recession is typically defined as two consecutive quarters of falling output and the U.K. economy shrank 0.3% in the final quarter of 2012.

This guarantees that low interest rate will stay.

It guarentees nothing...