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

.

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.

Who mentioned Christmas!

I know one thing ,after all these years of buying ,i'm going to really get my shorting head on , it seems the slightest bad news and everything gets hammered .
Next big rally i shall start picking possible shorts .
Starting with most thing iv'e bought recently would not be a bad idea !!!!

Stilll got the luxury pad in LA Jimmy???? Ive added another one so I dont have to see the Beckhams too much.

Shes gone all funny all politicky and got some job with the United Nations or summat.

They are far too common for me , wouldn't give them the time of day .

You can find me in the west wing

Hmmmm very nice just goes to show how much money you can make at this lark if you have the mojo.

This my new joint in LA.....

Well thats the right wing, can t get it all on photo unless I go up in the chopper.

Nice gaff, Fishfinger. Just round the corner from Simon Cowell's, I suppose?

But I'm curious to know why the image filename is called 'My pad in rhodes 3.jpg'.

:o)

Is it??? Must have named the files wrong way around cheers Ill swop them about.

i was thinking exactly that a while back, as i remembered when sticky first posted it
what a silly billy :-)

meanwhile, that twat MrT was absolutely right last night ..... i made a lousy call - bought too early - but just banked 175 point profit on that position

I've got this place in Pinecrest, Miami. Must be the same architect:

It's here: My pad in Miami