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

FTSE closed +50.

Well played Skinny, I keep losing my nerve today...

Cheers Shortie - now where though.

A short will cost 21.7 points tonight!!!

Better be long then! or keep bets small... My last bet would have cost me £1085 to hold short tonight at that monster rate...

Maybe add to DLG then - I took a SB on them earlier just in case :-)

So 21.7 points on the FTSE and 12.4 on DLG hedges 9.3 exposure on FTSE holding short or why not be long and collect 34.1pts... Support does seam to be holding... I've taken a sb in DLG also just in case

Others to consider BATS @97p & COST @7.75p.

Posts crossed - yes maybe long for once on a Tuesday - might feel strange!

I'll second that, trading has felt strange for the last week, I've been trying to catch small runs of 10pts at a time with large bets... Try something new and different I thought, for a change..

On DLG I wonder if RBS has sold its holding yet as announced 28/02 or if it'll wait until tomorrow to dispose of stock. Also worth noting is the groups downbeat comments on UK Motor pricing and housing insurance claims. No doubt after tommorrow we'll see a de-rating in the shares.

You mean sod's law!

I've just applied for some Petsathome shares - deadline 5pm.

Good luck with those Skinny..

Pets at Home Group Plc allocations

How many shares did investors receive?

Investors who applied for £1,000 of shares have been allocated 408 Shares (£999.60). Those who applied for more than £1,000 have received a maximum of 420 Shares (£1,029).

Wondering why I'm not short and debating a long position?!?...

Ditto!

I've pondered a long twice now at this level.

Glad its not just me...

Small long @6,611.7!!

I did the same 6611.8

6628.8 thats me out +17