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

Short DAX again @9337.2 - should have reversed earlier!

Shortie - I spent 20+ years self employed and it was the best thing I ever did.

Short FTSE 6762

Short DOW 16979

6775.8 short FTSE...

Well thanks for the advice guys, somehow I can't see me writing wills and selling solar panels after an early morning paper round!! I'll stick to credit I think just with another company...

Skinny when you were self employed what did you do?

IT consultant - as a one man Ltd company - there are a few on these boards I believe.

I think you might be right there...

Small long on DOW for bounce off 17000.

Out for +14 and reversed. Those figures look too good.

Out flat. Think I'll just watch for now.

hmm or do i mean pooh ..... rather describes my dow short positions but i'll continue to hold as it really is hard to believe that this upward surge can really continue to run and run - which of course means it will

at least i banked another nice little profit on C+M Index today

Hello Flossiepops.

Hello Hiltops.

That top on Cable at around 1.71 was when I was in the States. It was a cheap holiday :-)

You were in a state on a cheap holiday? Dunno what you mean.

:o)

Trotters Independent Tours. From Peckham.

Anyway, looking for a new trade as my Dow long has reached its conclusion. That should fit the bill.

Got out of my DOW short with a few pts loss , surely it's over cooked now .

I don't care whether it's overcooked or not. I just follow the trend :-)

Seymour ,i'm a rubbish indices trader ,over the last few months i'm about evens .

I used to be. It really doesn't matter whether it's indices, currencies or pork bellies. The technique is the same. If you're about evens then that's only one step away from profitability :-)