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

OK, should be exactly 6668.83 then, as you made me work it out... ;-)

LOL.

6671.8 closed my lower position +13

I'm sure you've all seen this piece, being splashed across lots of the newspapers:

Retired teacher made 1 million in secret on the stock market

Except she didn't - it was her stockbroker uncle who made the money for her.

Does he want to adopt me? :-)

Hmm, I think he might be well advised to take lessons from you :-)

6690.3 closed @ 6673.5 + 16.8

6690.3 closed @ 6673.5 + 16.8

SC - but in what? :-)

Well done Shortie.

Ukraine's leaders say have U.S. backing to take on 'aggressors'

Lessons in charting Skinny!! I think I'll sign up for your course on avoiding conflicts on BB's...

:-)

There are plenty on here - yourself included that are much more accomplished chartists - but the conflict thing - I can't see the point in having a row with someone you can't have eye contact with on a sparsely populated BB.

On busier BBs, there seems to be a large percentage of primary school children posting, so enough said on that!

I haven't even looked at the TALK thread for months - it currently shows over 6900 unread posts.

But I don't want to be adopted.... I'm not an accomplished chartist either.

I'll have to adopt your style of just not getting involved on other threads. I know I'm too easily sucked in and get into stupid time wasting arguements...

Are you three arguing again?



8-)

Closed yesterday's short @6,671.5 +30.

Well done Skinny, 6646 retest??

Thanks Shortie.

Between there and 6655.8.

I'm still inclined to leave the smaller short running as the Ukraine is not looking any better.

Any other views?

i'ld be inclined to leave a short running purely on the back of dow weakening today ..... may be wise to close off same before dow close as aapl and fb numbers due after the bell

Well I don't expect FB would have narrowed losses, it's been on the acquisitions recently... As for Apple, I'd be surprised if they beat last years result.. More worth noting is Sterlings strength right now, as the BofE failed to raise interest rates when 7% unemployment was hit I'd expect the Pound to start to weaken.