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

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..:)

Happy Christmas Tomasz. :-))

Happy Christmas Dreamcatcher to you :))