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

the action in today's markets is why it is almost as scary to have stops as it is to have none

Dax long position starting to look nice..

HARRY the US market is not closed today ??

So I see Jimmy. It was reported as being closed today by MoneyAM morning report. Very strange.
Next closure is Nov 27th.

Have a look here.

LONDON (MarketWatch) -- U.S. stock markets are open for trade on Monday, but bond markets are closed for the Columbus Day holiday. Trading in energy and metals futures is also business as usual. The next holiday for U.S. stock markets is Thanksgiving on Nov. 27. On Monday, however, Canadian stocks were closed for trade in observance of the local Thanksgiving Day. Japanese markets were also closed for a holiday.

Ok thanks.

markets just getting f*** stupid
managed to squeeze out a small dow long profit earlier, but suddenly it's down about 140

I'll put an extra letter in to that for you fu..... stupid
Irrational markets , i'm rearranging my trading head for shorting in future .

However at what point comes the huge bounce

dow closing down about 220 at about 13325
ftse cash down 50

Post 16325

Yes Claret they did look a little overcooked and could come off but not Armageddon !!

.

Not inferring we go off a cliff from here, Just see the same pattern starting as in 2007. Just the way it feels to me.

I hope you are wrong I am long.

What am I doing?

looks like another awful day dragging out before us
managed to scrape a small profit on a dow long o'night - more luck than judgement
other than that, little jolly apart from (for me) ASC and QPP

a decent recovery since my last post, but dow is still all over the place so goodness knows how today will pan out

nimble fingered shortie and skinny are probably making a fortune in both directions

and whiled i was gassing with young sticky, i'm glad to see a nice 64 point profit limit hit for a just a very small dow long ..... every little helps :-)

;-)

have another small long at 16420 for which i have targetted 16495 as the next hurdle is ~16505