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

closed last night's dow short with a nice profit of 115 points
have left a couple of others running and shall ponder

Just added HFD as a potential hedge next week - XD July 2nd @9.1p

I also closed yesterdays 16956 Wall St short last night for a 128 point gain.

JMAT, bottom formation, looking very oversold right now.

HFD 3.5 points in the money.

Well done Skinny..

Well it was!

Cheers anyway Shortie :-)

CBI Realized Sales @11

Not seen sell a off like this for a number of weeks

Yes - 2 month low earlier and FTSE negative YTD again.

.

All I need do again today is sit back and watch my shorts.

HFD & HWDN going well!

Everything indicies looking rather bliss right now...

Profits taken in FTSE, no remaining positions....

Going by the Historical Prices section of Yahoo! Finance, volume seems weak. Is this the correct picture?

+1 on your profits Shortie.

Cheers,
KidA

Pretty much yeah, with weakness showing in recent figures investors seam reluctant to add to positions favouring profit taking right now. Weak volumes as you say back up the sell off we're seeing. Some stock however appears to have sold off too heavily, JMAT a good example and should recover some of the recent weakness. With no direction showing in the FTSE there's little point in holding unrealised profits. No doubt this situation will change very soon. Wall St looks slightly different, I think the sell off will continue into next week, its worth searching out oversold stock right now for quick bounce back gains. If you can't be bothered then just follow other investors that are normally good at picking these out for tips.

2 FTSE shorts today - closed and now re-opened @6,734.

Cheers Shortie.

FTSE gone short 3637

Keeping an eye on this following weaker consensus data.

Shortie - I hope that's not the FTSE!