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

fascist gazette (aka telegraph) well worth reading today
excellent article by Questor and another on Saudi forcing down the oil price
either may stop some getting too gung-ho about the market prospects for 2015

Strange cross...

All shorts now closed....... Going to wait and see, I don't like the look of the FTSE right now, I have a hunch it's going to rally before falling back once more.

you may be right with support for ftse at about 6490

anyway, not such a dumb move leaving my ftse shorts running over w/e

(csah) dow has suddenly turned even more sour, though i know not why .....

17725 now being challenged, so watching to see if breaks further south

too busy with other things, but as i'ld probably have gone long at 17660, perhaps that's no bad thing
no idea what happens next

Same here, I've made some money today but it wouldn't surprise me if the FTSE returned to 6500. Not worth a long play I don't think but if it does I may well short again.

caramba!
dow now down 230 to 17590
ftse now down 100 to 6435

no position currently in either
slapped wrist! .... stop grizzling when you've already banked good profits :-)

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shortie - you're the whizz on ftse, but surely it's currently showing much more strongly than dow and is therefore due for a further dump?

DAX tumbles

Dow
as i'm in front of my pc, i've taken a little long punt at 17599.9
for sure shan't be greedy :-)

I been shorting it on and off most the day. Overall I'm short but I try and play movements rather than just going short and waiting for a few days to collect profits. Right now 6434 is holding and a return to 6456 looks likely.



Update: I have short plays now back on... I'm not posting positions as trading quick charts...

At that price - you must be in the brown stuff!! :-)

skinny - 17599 of course :-) ...... even so, still looking a bit iffy; we shall see

banked respectable profits on OCDO and IAG just as a precaution

6400 lets see if there's any support, I'm thinking not, 6360 next real support..

well you're pretty much on the point as i write

for myself, not the greatest call so far ..... shall contemplate

it's very curious
dow is now down about 330 at 17495, yet cash ftse has barely blinked and is now at 6395

ftse
sure has moved south now!
no idea where next support may be

No not yet, I have a FTSE short in play which is doing nicely. I think the rot will continue until snap elections in Greece....