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

Dow long now not looking clever at all, glad I'm on the fence, think I'll wait until tomorrow and see if its going to test support (long overdue)...

You know as well I do, nothing can trade in vast multiples over its earnings indefinitely... SEO (Stanelco springs to mind), the last large burning of investors proves if nothing else that especially with new tech, sales and predicted margins have to be hit otherwise its game over... With 3D printing the potential is there, it seams to make sense but I just don't see the bigger market getting in. We have mass-manufacturing competing strongly and emerging markets keeping manufacturing prices super low... Thats a contender to this tech and I think a force to be reckoned with. I'm sure you know alot more about the tech than I do, maybe I'm missing something here...

Skinny, you still holding that DOW position, I logged in last night and saw you were back to breakeven / profit..

I closed it for -10 in the end - it was in profit last night, but I held it until this morning!!

That was some movement yesterday.. Well done holding your nerve though..

UK unemployment figure in at 7.1% that's 0.1% above where Carney said he'd consider raising interest rates. The gilts market seams to agree a rise is inevitable and if bond yields rise you'd expect to see money flowing from equities back into bonds and a fall in market prices.. With a widening spread and off all time highs you got to wonder if we're in a bubble and its about to burst or if all the worlds QE has simply swamped the markets with money..

Shortie - thanks, but it was a sh*te trade really - still could have been worse.

lol, indeed it could...

Oil on the rise; natural gas jumps in wake of storm

MADRID (MarketWatch) -- Oil futures extended gains on Wednesday, as investors awaited upcoming U.S. crude inventory data and the scheduled start-up of TransCanada’s Gulf Coast Pipeline, while natural-gas prices saw a sharp jump in the wake of another storm for the East Coast.

Crude oil for March delivery CLH4 +0.84% , which became the front-month contract after February crude oil expired on Tuesday, advanced 43 cents, or 0.5%, to $95.42 a barrel in electronic trading.

Oil prices rose 58 cents on Tuesday, or 0.6%, to settle at $95.55 a barrel on the New York Mercantile Exchange. February crude oil CLG4 +0.98% climbed 92 cents , or 1%, to close at $94.88 a barrel on its expiration day.

Clear as mud!

Intel: The PC is back, now what?

Bank of England in no rush to raise rates as unemployment plunges

Surprised the FTSE has held up this morning considering the Asian falls and media speculation of an interest rate rise..

I looked at platinum earlier - as posted here - but did nothing!

Same boat, window shopping positions..

washout this week we need some better weather!

.

There you go Shortie - I hope you're in.

Tin hats on i think

I am indeed short FTSE Skinny, 3 positions carried.

Today is shaping up to be a very good day for me... :-)

Closed Ftse short @ 6765.3 + 31.7 probably miles too early but only interested in covering WMH losses, strangely still above support.