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
heading towards 18,200 at which point i'll place a small short
all time high is just below 18,300 and i don't expect to hit let alone breach that within the next few days and perhaps weeks

yummy yummy! ......
shorted ftse last night at 7004 after dow close and am already short dow from 18181

neither are large positions, but more than compensating for the overall market drop

Why the capitulation this morning?

over-excitement last week :-)

Apparently a 'Sell-off' in the Bond market and fears of a Greek exit.....again.

now out of both short positions with very acceptable profits, albeit nowhere near the levels that had been on offer
however, very much still smiling

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

am now tempting fate with a small DOW long at 18,095.4 as the fall seems to have petered out and a rally, even if brief, quite possibly on the cards
we shall see

closed at 18183.8 (+88.4) as dow still refuses at the 18,200 hurdle

Preparing for the short opportunity. Most probably next week now. No positions open.

Dow stuck in treacle at these levels.

i too have no index positions at the moment

bit slow off the mark, so easily missed out when dow started to drop, but have just placed a small short at 1264.5 ...... hopefully not too bad a call, but we'll see

Had a touch first thirty this morning on FTSE 100.

Need some news as there is no movement at all on Dow.

.

bugger!
got involved with other things and failed to short FTSE ..... never mind, very decent profit on dow short which i have now banked

Clunk , there go the indicies and oil ..

watching to see if dow will fall to 18,000 ..... barely 40 points above now
if so, shall def take a long

perhaps rashly, long at 18,030.4

========

and as i'm about to go home, out with a little profit at 18,063.6

and back in again long at 18,016.4

That's the Dow below 50DMA.