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

''but then i'm amazed at the current strength''-------- Is that the US market cynic?
2517

both in all honesty, though at least US economy is growing strongly and visibly so

uk economy is also recovering well - forget all the crap that fred and his buddies will bandy about - but markets don't like uncertainty and a period of such is assuredly ahead

US earnings are faltering apparently so a setback there could/should be expected.
I read in the MoneyWeek mag that in real terms the FTSE would need to be over 10,000 to beat it's all time high.

Fred's posts contain some valid points but because of his dislike of the Tories (although I sense this is changing somewhat) anything they do or try to do he lambasts, whereas Len McCluskey's party can do no wrong in his eyes.
A lot less bias is required from Fred.
2517

i gauge most of us are waiting for a pullback. Is it this week?

6 year anniversary next week since the depths of despair.

It's coming !

Yeah we all know that clever clogs... but when? -):

eerrrrm

2157,

It is easy to be biased against the present tribal leaders of the tory party.

But, I agree they must have done something useful sometime or other.

But this market is dodgy and many of the shares which seem to be racing up I either don't understand or think they are over valued on "said" projections, especially if rate do go up.

The area which seems to me to support their P/E and P/B are the builders.

Have a look.

Maybe I am a bit too heavy in them and Banks. Not worried about shares in the 12-24 month period, (may be less) but SBets are a little more problematic in short term.

All will be revealed.

can't disagree at all re builders and you may also want to look at some related to same - eg PAG

banks i won't touch .... far too many skeletons left

FTSE - looking for a small bounce from 25 dma (6870) with probable downward pressure thereafter as we head into the election and the likely shambles following

I guess you mean the house builders Fred, if so the outlook is promising so yes they look good value still, can't say PAG is one I would get interested in though cynic.
2517

called ftse correctly but was not around to take advantage

dow now struggling to break back north of 18200

FTSE 100 REV counter does not appear to go to 7000

Sell off under way again.

:-)

February gains wiped out in three days.

where from here?

for FTSE?
6760 is 50 dma which it looked at a few minutes ago, but has just bounced from there

however, if DOW breaks 17,800 and stays there - it's bounced from there already 2/3/4 times - then further fall-out must surely be on the cards

i've banked FTSE profit and shall now watch and wait to see what happens

Looking at the daily chart. This might only be the beginning.

a good politician's comment
you think it says something, but it doesn't :-)