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

Even auntie has it :- IMF expected to raise UK growth forecast

The International Monetary Fund (IMF) is expected to raise its growth forecast for the UK economy later on Tuesday.

Reports suggest it now expects the economy to grow 2.4% this year - faster than any other major European economy - against its previous forecast of 1.9%.

This would bring its forecast in line with that of the UK's Office for Budget Responsibility.

The IMF is also expected to raise its global growth outlook slightly to 3.7%.

The group's managing director, Christine Lagarde, said earlier this month that the IMF would be upgrading its growth forecasts.

You placed another short on the FTSE yet Skinny? I seam to remember you were holding out for the 6860's...

Not yet - target slightly higher now.

Last year's intraday high @6875.62

IMF Hikes UK 2014 Growth Outlook to 2.4% from Previous 1.8% Forecast
IMF: As US Fed Exits Easy Money Policies, Expect 'Complex' Global Capital Flows
IMF Hikes US 2014 Growth Forecast to 2.8% From Previous 2.6% Outlook
IMF Ups 2014 Japan Growth Outlook to 1.7% from Previous 1.3% Forecast
IMF: Euro Zone Easy Money Policy Vital to Avoid Deflation Risk in Weaker Economies
IMF: China Must Contain Building Financial Risks Without Excessively Slowing Growth

IMF Raises 2014 Global Growth Forecast to 3.7% From Previous 3.6% Outlook

IMF raises UK economic growth forecast

IMF as forecast, no surprises

Missed the DOW..!!

Small long DOW @16,413.9!!

Brave call, best of luck with that one..

Yes - not looking too clever!

Got my fingers crossed for you. I've been struggeling to find support numbers to go long off at these hights. Carrying a few FTSE shorts also, so not that comfortable adding to indicies risk at the moment. This year the market just seams to want to go higher.

Looks like the DOW might be about to test that range I was talking about earlier. Its outside the current lower trendline.. (see last charts I posted today)

16343 now I'm debating a long (looking at 15min charts)...

Looks a bit like the 5 minute when I went long :-)

I mentioned organovo the other day.

Easily done Skinny, trading discipline going right out the window. Wish I'd shorted 16550 now like I originally planned but managed to get distracted by currency movements.. USD/CAD and a few others GBP/JPY movements also very interesting..

I'm on the fence with 3D printing currently, appreciate its had super growth but is it going to be sustainable. Maybe it'll grow so every high street has one (extension to current photo printing outlets maybe). Not something I'd short againt price to profits action right now and not something I'd go long on as I think I've clearly missed the boat.

A case in point - DDD - currently down 4.2% on a downgrade and ONVO down 9.2% - makes the DOW look tame at times.