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

Didn't say I believed him! As it happens, I do believe this one for various reasons. I just posted it because I thought it was interesting and would bring a bit of light relief to the thread.

i personallly know one very successful day-trader, but he has the wherewithal, ability and discipline to make it work ...... i am sure hilary would concur that 99% of those who attempt this, merely keep the bookies in rolls royces

I think we'd all agree there! I long since gave up trying to day trade.

post 1254 - stay VERY alert ..... dow really is looking very tired and is of course very seriously o'bought

i may have been 3 days early, but as i posted on GF's chart thread, when the market turns, it just plummets - and so it has come to pass

i know i have a cushion with that juicy dow short, and took money off the table last week, but may top-slice elsewhere today as well - e.g. blnx that has had a great run

Cyners,

The problem with the 99%ers (actually, it's probably closer to 90% imo), is that once they've blown their coupla hundred bucks, they tend to steer clear. You need to replenish them with regularity if you want to buy that Roller. It's far better to keep the BSDs onside.

Awesome overnight fall in Japan

i'm happy enough with my current "tart's car", but thanks for the thought :-)

Hairdresser's car, Mr C. I don't think tarts can afford that kind of motor! ;o)

I've made massive gains over a few weeks only to lose them over trading in the following weeks.

hairdresser certainly can't

now you understand why i regularly preach about the prudent banking of profits

cynic has the "sell in may signal" been raised?

you're the expert, not me :-)

cynic its pretty uncomfortable sitting on the fence...... sooner or later a decision has to be made.

cynic decision made which way is the exit?

HP up $3 to 24, sending a signal that high tech is there to continue to growing. I think we will close positive in the US and FTSE will follow tomorrow.

APLE is rising too.

ahoj long weekend in prospect.

confess i am surprised to see dow recovering from -120 this morning to currently just -33 .... however, i remain happy enough to keep running my dow (and asc) short, though the rest of my portfolio is long ..... i might also remind you that i took a good slab of money off the table a week or so ago

cynic wise move ditto.

bad boy hali, trying to lead me on like that; an agent provocateur in another era :-) ..... do you and your merry men also run short postions?