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

6468 I'm out again.. mixed signals

6469.8 short again. 6475 resistance noted..!

i'm going to the gym shortly so shall almost certainly close one position
my inclination is the ftse short which is currently in the money, though not by much, as i think dow shows more profit prospect

FTSE 10min, last weeks low 6366 ish is current support and where to watch..

Which pub's that then cyners??

LOL

Probably this one :-)

:))

Sports and Grill Bar, I give Cynic more credit, much more likely to be this one..

http://www.gymskitchen.com/?page_id=881

The man of the moment!!

Leyton High Rd. eh? As he only gets a 3 hour lunch break that should be just the job.

Some 'interesting' ones when you start to look -

The menu actually looks quite good..

6435 position closed.

sod's law .... should have closed long dow and left ftse short running ..... hey ho

I should have left the short also but had to pop out.

complete bloodbath at the moment, probably and primarily on the back of JP Morgan's further $1bn set-aside for fines

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

DOW
should have support at around 17340 or perhaps as low as 17300

however, on yesterday's and indeed today's performances, neither supports nor resistances have had much meaning

i have bravely or foolishly (shall let you know!) opened another small Dow long at 17373.4

I hope you are right!

.