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

Looks like doodlebug is up to his usual tricks TRASHING THREADS

chris - it would do no harm for you and DD to pipe down too :-)

much more importantly

Dow is having a few short and short-lived bounces, but it is of concern that even 16900 is now looking too great a hurdle
if that is so, then about 16750 becomes the next hoped support

Feel the love

:-(
no love on dow
i'm still holding a relatively old dow long and have made a few shekels this afternoon/evening on that tack, but it's certainly looking very sick and barely holding 16800 at the moment

16770 as I type.

there's some earnings numbers out after close which include kfc
i don't expect these to be good for i recollect something nasty in china re chix a month or so ago
it is therefore very likely that dow will indeed hit 16750 or even a tad below .... if so, i think i'll be a modest buyer
it may also be worth considering shorting ftse as that currently shows (cash) at -37 (6467) which may be on the generous side for tomorrow's opening

money with mouth
small dow long at 16757.6 .... just missed the current bottom by a few points

recent bottom.. (?!) lol
must be expertise knowledge..

if you're actually interested, which i doubt, then 16750 though it has now fallen slightly below that

wtf ?! lol
16723..and counting of course.. and will more..
--
please don't come back there and make me laugh anymore

.

DOW
16595 now starting to look the point for decent support :-(

good grief!
markets all over the place, though see no reason

All the more reason for a nice bounce somewhere down the road . Xmas rally anyone ?

Ughhhhh....someone has mentioned Santa ......already!!!! ;o)

I know sorry ,i don't even do xmas , no decorations ,nothing i'm the original Scrooge .

Cant see why people are moaning about the markets Jimmy. If you go back to last year at this time approx, the FTSE 350 was far lower and look what a rally we got. Folk have short memories. Should use a trading diary.

That's what i was thinking GF could have a good couple of months ahead ...

See what I mean from the chart. MACD well over sold now aswel.

Its just a case of managing the portfolio and THEN SPRINGING INTO ACTION, COUNTER ATTACKING LIKE A SNIPER IN THE LONG GRASS AND ATTACKING THE PREY.