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

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.

15 pts, oh dear, I might as well start eating ghost chili's now.... I was rather hoping for a quiet week. Too late to hedge now, well done on the Sainsbury play, I completely missed it

Support and resistance added to your SDY chart, its not a break out and appears range bound, lets see if it breaks out before Friday.

6877.3 just dropped a Phat short on the FTSE, I'm now rather overexposed...

Phat
----------------
Origin

1970s (originally used to describe a woman, in the sense 'sexy, attractive'): of uncertain origin.
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So is that a sexy short shortie ?

You twisting my tongue Jimmy! lol..

FTSE / DOW

Airbus helps European markets soar

skinny - do hope you didn't BUY (go long) SBRY

Yes - they are ex-dividend today (12.30p) against the -15 points for being short FTSE.

.

good grief! .... didn't realise there was such a large divi but that explains the clunk