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

Toya,

Have you got one of those latest iCans?

Mistress probably has more interesting toys

Italy Bonds Erase Decline as Cyprus’s Banks Reopen; Bunds Drop

Italian 10-year yields were at 4.78 percent as of 12:41 p.m. London time, set for a weekly gain to 26 basis points. The 5.5 percent bond maturing in November 2022 rose 0.01, or 10 euro cents per 1,000-euro ($1,281) face amount, to 105.93. The yield earlier climbed as much as eight basis points to 4.86 percent.

Hilary - lol!! I'd forgotten I used to enjoy playing with those!

Chicago PMI 52.4 consensus 56.5 previous 56.8

I feel the DOW is determined to reach new heights today, come what may...

Just seen on MarketWatch.com that the S&P 500 index has "surpassed its all-time closing high"

that is true ...... it's still probably a short (i'm not), but 1600 will be the really critical level

Triple top?

Indeed a triple top Skinny. I'm not actually trading the S&P but I know it's been a big target for the US this month.

I've just gone short DOW at 14560 - having fallen into temptation (I'd already set a short earlier at a lower level but just couldn't resist this).

Damn - it's racing away already! And I'd edited my earlier target of 14580! That'll teach me...

ah, but will that herald a reversal or another stonking upward surge?

Time will tell :) But it could just be a reaction to the S&P topping

2 hRS DOW

Thanks Shortie

I remember posting this chart in Jul 2011.

An interesting and timely reminder Skinny!

Post 6015 & 6011 if you are interested! :-)