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 it is a yes vote Cameron will go down with the legacy of 'The Prime Minister that Lost Scotland'.... I'm sure the Conservatives will have a nice spot for that one on their walls of fame..

I think that beats "Tony (weapons of mass destruction) Blair the War Criminal" you know!!

I wouldn't get too worked up over Scotland personally, and I think the market was getting its knickers in a twist over something and nothing earlier, based upon a wicked bit of press that ignored the undecided vote.

Most of the English couldn't give a toss about Scotland anyway. If they go independent, there's no chance of the jocks reneging on their £140bn debt, they'll peg their currency to the pound, the oil companies are already domiciled in England, the banks have been re-domiciling over recent months, and the talk of lost business and border controls is just scaremongering.

Move along. There's nothing to see here.

We was just taking the P$%s Hillary and having some fun!! That's a spit on your neck, poke yourself in the eye end to that then!...

I'm looking on the bright side, if Scotland do vote for Independence then at least we'll have someone to vote for us in Eurovision....

It's your prerogative what you choose to discuss on the thread, Shortie, and my comments weren't aimed directly at either you or Fishfinger. To be honest, I don't even read 99% of what's posted here anyway.

I was simply saying that the market's reaction to the summink and nuffink story of Scottish independence was, imho, overdone, and that I don't think a yes vote would be likely to stop the FTSE having another crack at those recent highs again soon.

I'd have to agree with you there, the whole Independence thing in the media is completely overdone. The next day we'll all wake up and carry on as usual despite what politicians think..

France misses EU budget deficit target
Finance minister Michel Sapin says Paris will not aim to reach required level of 3% of GDP until 2017, blaming slow economic growth and low inflation


tells you a fair bit about the state of the eu economies - uk apart!

DOW
has now dipped below 17,000 though without great impetus
however, if it closes there, then it's quite likely to fall to ~16,900 ..... not a great additional tumble, but the US market has been pretty sluggish and directionless for a week or so

A rogue BP. trade!?

Tonight on BBC2 9pm part 1 of part 2 documentary........."Traders: Millions By The Minute".

I wish...

the markets suddenly like something that i have not yet seen
dow suddenly +90 with ftse hanging on to its coat-tails after hours

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watch for 17160 with preferably a surge through that, though it may stumble at that point

dow is now toying with 17160, so wait and watch
as i can't/won't be glued to the screen all evening, i've banked 50% of my long position

closed and reversed at 17156.4
dow has had a couple of weak attempts at breaking 17160, and given its failure, i think there's some money to be made tomorrow on the other tack

and already banked a little 25 point profit ..... no point in tempting fate with "no" vote beginning to look ever more certain

small ftse long opened at 6811

Might be of interest to some. Not worth a bet imo, but seems as though the bookies are already paying out.

https://betting.betfair.com/politics/scottish-independence-referendum-betting/scottish-independence-betting-betfair-sportsbook-pays-out-early-on-no-160914-51.html?lskey=bannerClicked

Is anyone long FTSE ? it's looking like a NO vote .

me!

.

the result was exactly what i expected, though the margin was greater
had a medium ftse long, which shows how certain i was, but now not certain what to do, if anything

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banked half, which can't be all stupid

6783.8 gone long FTSE