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

;

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

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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

I'm guessing you mean Greece (unless a pun is intended) - but I think it will drag on for a few days (minimum) - which may (or not) mean the market drifts?!

not sure which way the markets will go, but quite possibly gyrate madly at times depending on the news coming out and perception of progress or otherwise

north then sideways likely today - low hanging fruit day ;

discipline needed to avoid greed
though a skeleton agreement may be agreed, there's plenty of time for some frights before everything is finalised

DOW has limped back through 18,170 so let's see if it can hold that through to the close