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

.

Well we can't take profits all the time, could have staying in and waited for it to fall but I figured be easier and less risky to cut me losses and trade elsewhere. Still short of the FTSE mind and may well have a punt on the DAX next week...

very glad I dumped lot of uk long stuff this morning but kept all dow shorts running

Long FTSE @6,764.6.

Long already Skinny!

I've been watering the allotment - otherwise I would have been long @6,772 - so saved a few pints (sic) there!

1.1 points tomorrow.

Whoops!

you should have stayed even longer at the allotment :-)

Hmmm - looks that way!

6736 gone long

should have stayed short

Ditto!!

Long again @6,717.8.

me too @ 6719

well I'm certainly glad i'm short dow
makes a change of late to do something right

that said, ftse does look overcooked going south, certainly relative to dow

FTSE negative YTD again.

I'm glad to out of the DOW

I'm thinking it should go back to around 6744 to maintain bullish sentiment.

FTSE / DOW

painfully slow day.... thank god for Clash of Clans