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

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

Wrong thread...

dow fizzling out which is a pity as that will mean yet another weak opening for ftse
however, if dow falls back just a little more then i may well buy back at 16340 or a bit lower

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

16329.1 so now fingers x'ed that it's not money down the drain
still, only a pretty tweeny outlay

I hope you held through the subsequent spike down.

I've crystallised my currency and indices plays for a profit... Not much in my portfolio except ASC, JMAT and IMG right now...

yes i did .... i've placed a limit (again) at 16415 which proved just a bit too far as it touched 16410 some time o'night

Large bets on the FTSE for small movements today I think... Euro, Yen and Cable overnight movements also look interesting.... Weaker Pound so you'd expect the FTSE to find support at the short term double bottom.

surely ftse falls are exaggerated by SHP and perhaps computer generated sales thereafter