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

Finger hovering!

lol, for 6845 I bet

:-)

I had a limit in @6,846 and 6,858.

I notice that here and over the road are showing the FTSE high today @6846.95 (opening spike) - rather annoying (although I probably wouldn't have got filled) - but the spread betters don't reflect that initial figure.

GBP/EUR and GBP/USD has most of my attention. FTSE I suspect will test the 6865 high at some point, playing 5-10min charts at the moment, selling on anything that looks like it'll be the start of a fall.

Just a reminder :-

It peaked on the 22nd of May last year with an intraday high of 6875.62 and a close @6840.27.

All-time closing high of 6,930, 30th December 1999.

1.68881 closed @ 1.68730

Well done Shortie - still waiting to go short......... Hmmm.

I'm watching too, 6855 at the moment.

Wall St hitting new highs also.

6853.8 gone short again

Short @6858.5

And listening to this!

6875/6 this morning testing highs, think I'll wait now and see if it tests 6900.

If FTSE goes above 6900 this afternoon we'll be back at .com boom times...

December 1999

Never thought it would take so long just to get back even :)

Finally a sensible read...

http://www.moneynews.com/MKTNewsIntl/Stock-market-recession-alert/2014/02/10/id/551985/?promo_code=166D4-1&utm_source=taboola&utm_medium=referral

Not sure about that Shortie. Looks to be a bit of American hype trying to sell a number of dubious products, imo. Might be some truth in the market correction bit, but we are all expecting that sometime soon, particularly when QE finishes and interest rates go up.

Just waiting for the catalyst to start the sell off.

Whats the damage on the FTSE tonight Skinny?

15 points - I did buy SBRY (12.30p), but not sure if its worth it this week.

Have a look at the bullish engulfing on SDY.