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

U.S. economy grew 4.1% in third quarter, according to government's final report.

New high on the DOW.

Indeed indeed.

Santas here cynic.

Just need WMH to waken up now.

Buyers Step in After 10-Year Treasury Yield Hits 3-Month High

Think I'm going short DOW then..

09:24 EST - Pressure on middle-dated Treasurys shows how Yellen might face an uphill battle soothing investors about interest rates. Friday's strong revision of 3Q GDP adds to bondholders' anxiety that if economic growth accelerates, the Fed might speed up tapering and bring forward the timing of its first rate hike. "It is a reflection that the market seems to believe that Fed will have a difficult time holding zero interest policy in place if the economy is in fact improving," says Larry Milstein at R.W. Pressprich. Still, the pace of the rise in yields has been moderate compared to the May-June selloff. Buying interest near 3% has tempered the rise, and ten-year notes recently swung positive, up 5/32, yielding 2.909%.

Short FTSE @6,615.8

Hmmmmmm yep was reading about above last night on Yank boards 3% being the warning sign.

For sure the MMs on the LSE are being very stingy today, either that or they are all in wine bars on the xmas pith.

Perhaphs when they get back the FTSE will go berserk upwards.

Or downwards!!

UP UP UP UP UP.

Im blowing it up. phew out of breath.

I've got alot more than I'm comfortable with short....

You are not alone!!

6585 I reckon

Flog some then shortie.

Wouldnt want to be holding over a weekend under them circumstances.

Dont forget historicaly 23rd and 24th in top 5 bullish trading days of year followed by 26th Dec.

Ah I'm in the mood for a gamble, never know, might come good!!

Can't break 6615 so far.... Wouldn't want to be long GF.... lol..

26th Dec??

Is that a drinks invite Skinny??

:-)

In reference to post 13705.

Really?? Never heard that one before...