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

SSSSSSSH!

Maybe the Greek urn is not broken, just a little cracked.

wow!
was just contemplating a small dow long at about 17,950, did soemthing else for 5 minutes, and sudden;y it's bolted another 125 points

have i missed something?
greece perhaps?

What's a Greek urn? ;)

Last night I cursing my stupidity for holding 4 different SBs.

All red.

This am. even worse.

Looked back at the charts to the time of my earlier moments my genius.

Nobody in their right mind would have bought the longs I did, when I did.

I am glad to-day somebody found the green spray can.

There is a disparity between techs and fundamentals.

Not a very pleasant few days.

It is a B awful market!

Good luck.

how interesting
the umbilical cord with greece has apparently been cut - latest flash from FT - but the markets have ignored it completely ..... at least for now

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

Greece’s bailout creditors signal negotiations over aid at an end
Greece’s creditors on Thursday issued their starkest warnings to Athens since the start of a five-month stand-off over the country’s soon-to-expire €172bn bailout, with the International Monetary Fund withdrawing its negotiating team and European leaders saying the time for compromise had ended.
The pointed language in public reflected growing private fears that Alexis Tsipras, the Greek prime minister, had overestimated the amount of time he has left to cut a deal to release the bailout’s final €7.2bn aid tranche for his cash-scrapped government.

"Talks on ending a deadlock between Greece and its international creditors broke up in failure on Sunday, with European leaders venting their frustration as Athens stumbled closer towards a debt default that threatens its future in the euro.

European Union officials blamed the collapse on Athens, saying it had failed to offer anything new to secure the funding it needs to repay 1.6 billion euros (£1.15 billion) to the International Monetary Fund by the end of this month.

Greece retorted it was still ready to talk, but that EU and IMF officials had said they were not authorised to negotiate further. Athens insists it will never give in to demands for more pension and wage cuts."

What I don't quite understand is how we have managed to kick this can down the road for so long! Maybe this is the start of the correction in the market which has been anticipated for quite a while now.

knowing the perversity of markets, it's not inconceivable that if the greeks commit suicide, the markets will very swiftly recover following the initial kneejerk

certainly the subsequent collapse of spain, portugal and ireland and italy has faded to effective zero
however, other political implications are far beyond my tiny brain

Nothing wrong with having a tiny brain Mr C. Ants are amongst your group and they seem to do very well!!! ;o)

Not far off the March 2015 low for FTSE 100.

a truly gruesome day with ftse down through the 6725 support and dow now very firmly down too

EU preparing for 'state of emergency' after Greek talks collapse

there are of course still a couple of weeks to run until the shit really hits the fan, but it's reasonable to expect this shambles to run to the wire

DOW
watch for 17685 and then start hoping for some decent support

DOW
a small and not too scary dabble (i hope) at 17705

No positions currently.

17685 today?

out at 17768 :-)

chicken and egg
dow looks to be trying to recover, but on the other hand, ftse has closed below the (potential) support of 6725
perhaps as a result, dow clambers to 17800 or a tad above, but then falls back again

Will someone string this Greek Bow?

Its beginning to get a bit too messy now.

another vile day in prospect with a little quick trading in/out being the only sensible way to play if at all

Agreed

Now broken last support back in March on FTSE 100

quite tempting to have a dabble at current levels - 6670 and 17700 - but as i am buzzing about a bit, shall resist