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 may be worth looking at if it dumps as low as 17,000 - which is far from impossible

==========

whoops!
i see dow dropped as low as 17035 which i missed entirely as was down at the gym .... has now recovered nearly all

Cynic I've just spent the last few days analysing the FTSE to trade, haven't the time to properly do the DOW as well right now.

6214.5 position closed +36.2

I think he was just trying to find a way of informing us that he had been to the gym!.....unlikely as that seems!!! ;o)

Alf at a Gym?.. I've heard it all now -):

Well played Shortie.

Cheers Skinny, you been rather quiet recently, hope every things ok..

Something to consider, oil is down due to high level of production, by US.
OPEC has not increased production, but US has.

Demand is not fallen if any.

Is media misleading/confusing the market or I am missing something?

Yes thanks - except for the early morning stuff, I've been tied up with children/grandchildren and like cynic - the gym! :-)

it's true, it's true ..... i see a personal trainer (a bloke!) twice a week for an hour and have been doing so since the beginning of april ...... never needed to lose weight but decided i wanted to improve overall fitness and strength (good for the golf too!)

Hmm, they really can't price it today! Could be a lively afternoon session. #traders'delight!!

Watching crude price. CHEAPER than water nowadays!!
petrol is too cheap too, $2 per gallon (3.5 litre for $2).

How can they extract oil at these prices in US? miscalculation IMO

ahoj [Send an email to ahoj] [View ahoj's profile] - 16 Dec 2014 13:45 - 17024 of 17028

Something to consider, oil is down due to high level of production, by US.
OPEC has not increased production, but US has.

...

Russia?

US is the biggest producer, Saudi and Russia are the next two.
But, the cost for 'many' producers in US and Canada is higher than 60.

Added: They have to stop any development, and depending on their lenders generosity may have to stop operation at some stages.

ahoj,

I was just having a bit of conspiracy fun; wondering re US sponsored nobbling of Russia.

Cheers,
KidA

SANTAS here lads, I said the 16th. Havent hit my target of 6104p, but near as damm it.

Itl do me.

Lets see where it closes GF

I thought I'd have a play with City Index, so I've set up a demo account.

First trade - I thought I'd gone long on the FTSE @6276 - just went to close it and it transpires that I'm short!!!

skinny .......who this trading view please?? on charts above.