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

Yes Happy Christmas to all on the threads ,, and thanks for all input and opinions over the year long or short ................

Maybe in the New Year if you ask nicely, I'll show you what I short on. Not a fundamental bull move I assure you!! On another matter I find it rather disturbing that you have to post abuse to anyone with a different view to you or thats taken a different position. There's no need for it. Your long FTSE, thats great, maybe post your technicals and how far you think it'll go and leave it at that.

What about GOLD Shortie ,long or short ?

I didn't intend to bite/hurt anyone :)

No view on gold at the moment Jimmy, lets see if we have support at current levels and if it'll hold. I am however more bullish on silver but haven't yet taken a position.

Cheers shortie .

FTSE100 support / resistance..

Here's silver, starting to turn up and find some support


Thats me done, have a good Christmas everyone..

shortie - he's an acolyte of red fred's :-)

And from me, have a great Christmas everyone.

I stopped trading last week as too busy with the pre-Christmas rush! Will restart in the New Year.

tomasz and shortie its Christmas goodwill to all men. Call it a day, please to the bickering.

Come the new year go for it again but please lads. please.

Good piece for you indicies boys........

http://www.cnbc.com/id/101240681

China up , Japan up, Europe turning corner and up, US better then anticipated and up + tons of printing everywhere.. come on..how could it be different...:)

Dow up 117 polnts LOL

I'm up, stairs. :-))

I'm at work DC :O)

Sorry to hear that Chris, a belated happy Christmas and an early happy new year. :-))

Same to you DC! By the way I use the term work loosely :O)

So are you drinking a pint. :-))

pint or not...someone is working to let someone not..:))
sofa , legs up, laptop with market on the left, remote controls on the right, movie in a front , drink in a hand,selection of six home baked cakes there next to chrismas tree, rest of treasury upstairs, dry night after sunny day..ftse will gap higher..maybe asc too..frickin end of the year..:)