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

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! :-)

That's going back into the history books! Thanks :)

There's actually no easy way of getting back to that, is there Skinny? It would be great if we could just put in the 'Search' criteria the particular number of a Post if we know it. A nice project for Ian to work on!

Not unless you can "tinker" :-)

Toya,

You just need to edit the query string in your address bar.

There are 20 posts per page, so post 6015 will be on page 301 which you can access using this address:

http://www.moneyam.com/TradersRoom/posts.php?tid=12132&page=301

Edit - beaten to it!

Ah brilliant - thanks guys, I hadn't known that!

Pleased to be of assistance, Skinners.

Maybe you could return the favour... do you know anything about using mod_rewrite rule in apache .htaccess for a wildcard subdomain rewrite? :o)

In my best Anaken Skywalker voice when talking to Obi-Wan Kenobi - I know nothing - sorry.

There seems to be plenty of 'info' out there, but as I'm not at all familiar with it, I can't tell if its useful or not??

Ta, Skinners, but I did have my tongue planted firmly in my cheek when I wrote that. I do actually know how to do it, but it's my webhost's support team in Bangalore that have managed to bugger a server configuration setting up somehow.