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

168 will do me nicely. Don't think it will be smooth though.

Good call on your long Seymour, think I'll stay away for now and let my burnt short selling fingers heal a little.

Well if it's any comfort I made some poor calls last week and this is helping to heal the balance.

And it was going so well....

If you like a chart with gaps - up 7% atm.

Skinny, that UKX one looks like a currency chart!

GJ sitting on around +100 with 60 locked in. Waiting for tomorrow.

Closed my GJ long this morning for +143, since when it's gone 40 pips higher. Anyway, still a good result. Unlikely to take any new trades this week unless I find time for a scalp, because of the US holidays and a bit of JPY news very much later today.

Well done SC.

The DOW was just @16,145 to sell - about as high as I've seen it.

Well played Seymour.

Just added some more FTSE @6,679.

I'm really posting just to show what can be done with Fx, also as a bit of a trade log. Not trying to boast at all.

DAX is also at historic levels...

Well that latest short was in major profit almost immediately - unfortunately I have BDEV & TW in the same account!!

Still nothing to suggest a reversal in the upwards momentum of Wall St. Mind you I've done well today playing the FTSE, which remains range bound and seams to have almost developed resistence at 6700.

I was tempted this morning for the first time in a while to short the DOW (post 13553)
- obviously I didn't!

This about AUD/NZD from twitter:

http://stocktwits.com/message/17767016

GBP/JPY just shot up at 9.28 am - which is nice because I'm long again :-) (edit - thanks to manufacturing PMI)

Starting to look tired?

as posted 7/10 days ago, i am already short S&P, though I was a bit premature in so doing
I also agree that dow has pretty much run out of puff, and a fall of 77 points last night will not have improved sentiment

if I have any sense I should also be considering seriously taking money out of my uk stocks