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

More likely -

cnn posts .....

Homeland Security: 'No signs of malicious activity at this time' in computer problems at NYSE

maybe china saw my post about them and decided to launch a cyber attack against nyse to even the score LOL


yep watching the dow with an eagle eye........do you have a spare pair of steel toecap boots knocking around :-)

neighhhhhhhhhhhhhhhhhhhhhh skinny lol

i'm wearing them as have had a stupid long :-)
working on the basis that market is much more likely to recover sharply than to drop when this computer nonsense is sorted

gl cynic - wise move wearing them :-)

yup; got that one wrong old buddy :-(
but can't make an omelette without breaking eggs or somesuch :-)

sorry to hear it but with a weekly dow range around 17800 - 17500 and a higher than norm avg caution needed of course just need to get on the right side so just bad luck - had a little nibble at the dax again this evening and made a few more shillings ; ftse may likely follow dax level movement tomorrow perhaps as dax seems to be hitting the trends earlier but that could change in an instant of course

i hope that was a small omelette in this case!

Very nimble yesterday until the glitch.

The Chinese, Greeks. What next?

good morning dz ...... i got lucky with a hefty bounce o'night so have halved my already small position for a minuscule profit ...... out of devilment, i'll let the remainder run

Green Day !!!!!!!!!!

good morning cynic - pleased to hear it - quite expected it to bounce back the way things are so good stuff well done

fantastic day - gla

Jumped out of FTSE 100 Long too early.

still running that diddly dow long ....... have yet to decide when to bank .......

just banked at 17,732

if dow climbs to 17,800 and would be inclined to reverse as the greece issue is still to be resolved

tough call that cynic i think the real answer is close when it is good for you

easy to do claret - as long as it is profit dont kick yourself too hard

the most difficult call is after this - it suggests more recovery as breezed past certain trend levels or is this a flash in the pan!

dz - per above, i have already banked ...... am now looking for a level from which to short

china is one problem, but closer to home, the greek issue is a very long way from being resolved ....... high volatility remains the order of the day

ahhh misread - speed reading between screens lol

brain must have been asleep .... should have shorted when dow dropped through 17,686 with a bit of momentum
now down to about 17,620 so watch 17,600 or recovery back towards 17,686

a dangerous dabble long at 17,605, but again, just a small position