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

The DOW looks like it's testing 16700+ support at the moment. I'll look to buy at around 16723 ish if it gives up a further 50pts, a break below the cloud and lower trend line however indicates a change in direction and a move lower.

Noting the uptrend in gold, the EBOLA outbreak and tensions around the world no doubt will act to strengthen the USD and as such should support safe havens like gold to some degree. A considered buy I think

Have you got a new ink cartridge? :-)

Their screen shots, I use this software called greenshot, you select the area then click upload to imgur then copy and paste the http link... very technical stuff for me!!

Sorry - I was being facetious.

lol...

Short DOW @ 16787

and again @ 16,778

closed for +25

I'm making a bit of a pig in a poke of it this afternoon - a few scalps after closing overnight short earlier - currently short from 6,757.

Must admit I'm making more use of trailing stops these days and it seems to be paying off so far (famous last words I know) You're the right side now Skinny. looks like the only way is down at the moment.

Closed for now @6,732.

et voilà!!!

16696 gone long

16710 that'll do me +14

200 point move.

Not seen one of these for sometime.

Glad I got this thread going again, I like to read the trading that goes on, reminds me of my earlier days. Keep the good work up.

Is this the beginning of a sustained downturn?
Bought some shares in BQE a few weeks ago in case the EBOLA threat is eventually taken seriously. Can't see what's driving things down otherwise, unless the thought that the bubble of cheap money will soon pop. I would be tempted to sell into the rally rather than catch the bottom at the moment.

6,700 and 15,600 both look vulnerable.

Agreed Skinny - Look out below!