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

Just closed out at another loss.

6620 try another, 50p short this time..

Looks overbought on everthing upto the 2 hour at the moment....

That upper red bolly band I referred to as the retracement target in 14736 currently resides at 6674, Shortie and Skinners. There's a way to go yet.

But not today Hils :-)

Closed 6616.8 - think it said +£1.60.... Oh well, its a start..

:-)

Spike to 6,677!

6622.3 going long 50p bet again

Always sods law, you have a good run on the markets and cash out... Then you end up having to take a few losses and transfer some money back in...

This time though I'm not transferring back in, I'll run bets under £1 and go for glory or broke...

Bad luck Shortie - its not personal :-)

One of my collegues has said "your fault, crap risk assessment, you left yourself short, greedy bastard with that transaction" today. lol...

Shortie, on a steady up day you often see a dip into the close as everybody closes their longs.

What was that you were saying about not today, Skinners?

:o)

Hils - the fat finger spike doesn't count :-)

Closed +21.

Break time whilst it decides on direction... Nice flag..

Ten minutes and counting....

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