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

.

something of a "get out of jail free" day :-)

so will next ftse stop be 6580, or will that be a bit too far too fast?

You SILLY BILLY.

See here.......you SILLY BILLY.........

http://www.charles-stanley.co.uk/traders-bulletin

read that and said no more than i knew already .... it was a good politician's view

with wall street closing with a gain of 208 points i saw that cash ftse was only showing +4
that looked out of balance, so i have taken a small ftse long at 6533.4 on the basis that, at least at the opening bell, it will be up a fair bit more than that

What about the Japs Sun Night?

what about them? ...... market in china is more relevant, but even so, it looked/looks a good bet especially as f/e markets are likely to be solid enough after last night

Are you sure with the Hong Kong probs.

my wallet said yes, and so did the markets yesterday and last night, albeit that they were due a bounce

Cynic sent you a e-mail re- TUNG.

thanks for that
have read and inwardly digested

cynic - 04 Oct 2014 09:07 - 16373

Good call @ 6533 long.

going out for a while, so banked an acceptable 25 point profit

I've still got two FTSE100 DFT long positions open. Don't see any reason to take a third right now.

Well done on your profit Cynic.

hardly rocket science and even less brave but thank you :-)

added small dow long at 16939.6
would hope to see bounce from this level towards 17,000 once again

==================

well that didn't last long!
limited out at 16990 while i walked home from the office!

wish it was always that quick and easy to knock out a 50 point profit

Have a look what we have in mind :

http://uk.communifin.com

dr9980 - please take yourself away before you get banned