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

i would have a dabble at FTSE250 as it is now challenging 50 dma
unfortunately (for me) the CFD spread is 35 points, and though this index is extremely volatile and thus interesting to trade, that is still a big lump to make up before one is in the money

One hell of a spike this morning. Missed it. Now undecided if this is for real or just a fake.

woke up early for no good reason cynic ,i hope you didn't wet the bed !

You should have woke Claret and myself ,missed this rise .

early worm catches the rise

:))

;

FTSE is now static at just below 7800 so have banked that VERY nice profit of 72 points from this morning's little foray

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

7808
an important level to break

Now is there a deal on for Greece or not ??

7800! - you wish cynic! :-)

He got up too early !!

you're right
never mind; what's 1,000 points between friends :-))

FTSE has limped through 6808 and DOW is having a little peek at 18,170
if DOW can crack that hurdle then either/both indices may be worth a flutter

It all depends on the Greek negotiations ,if that fails all bets are off.

true, though it's looking increasingly unlikely that that will happen, even though the fat lady has barely started to warm up

A small short just in case the Greeks are spoofing the market :)

well i have rashly opened small longs in both FTSE (6814) and DOW (18172)

cynic's 17892 - i obviously closed @ 7800 :-)))))))))))))))) - only joking of course nearly choked on my coffee when i saw that 'increase'

aside from that pretty good day as expected

i had a good day too, so also no complaints :-)

Cynic - I happen to be short from 6814 - but won't hang around if it goes against me.

certainly it could all go either way even now, but my inclination remains that a deal with the grease will be done, and if so, shorting will not be the right call