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

IBM taking Dow with it today with help of United Tech.

no real damage done, so more than happy to stay put

crikey cynic good luck - very surprised you went long- i am out on my short but maybe a bit early - trends indicate more saaaaaaarrrrrrrffffffff for now

gl

not forgetting apple et al.....................

been watching - might start a long myself on the dow shortly circa 17880 - cant make up my mind!! lol!

in / out small profit just over 17900 - cant be bothered to watch this anymore today - tomorrow is another day - gl to anyone with a dow (and any other) position

YUM! :-)
Those tech giant results are pouring out. Microsoft posts loss of $3.19bn on restructuring. Nokia, weak demand for Windows, and job cuts all not helping. Apple out also et al............... we know where this is going ;

certainly made a wrong call ..... it's only a small position, but AAP's numbers have smashed that one, and indeed several other tech results met with considerable disappointment

after hours, dow dumped further 50 to 17,865 .....need to contemplate whether to sit it out or cut or even reverse

FTSE 100 taken a kicking this morning.

FTSE now at a point where there's possible support and thus a bounce may be there for the taking .......

DOW is already recovering a bit, possibly courtesy of coca cola's numbers

the tailor is slowly stitching my shirt back together :-)

==========

i'm a clot and got too busy with other stuff as could have escaped at b/e (i averaged down), so i'll have to wait again with fingers x'ed

Good god! Reasonable self-introspection at last.

Watch out!

comes from looking up my own arse ..... i'm sure you have similar view :-)

Not of your arse.


What's it like.

You seem to spend a lot of time doing it!

i knew you'ld enjoy snaffling that bait :-)

cynic 18238 - like the shirt comment not sure about backsides though! lol
:-)

.

meanwhile, amex figures were very good and looks like a decent bounce in store tomorrow ..... but strangely amex shares down 1.5% after hours; very odd

yep could be a good day ahead again - would be nice to see billy bounce making an appearance after the apple et al contagion - kick off today particularly interesting after the overnight :-)

Greece has taken a crucial step towards a bailout after its parliament passed a second set of legal reforms.

The passage of the measures means that negotiations on an €86bn European Union bailout can begin.

The reforms include changes to Greek banking and an overhaul of the judiciary system.