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

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.

Melting away again

DOW - if you're brave, DOW is now touching 17,805 which should provide support

bears have been hungry for the past few hours - good day
dax easier to predict trends right now
gl

After opening lower, the FTSE 100 is now trading around where it started the session. Shares in Pearson are leading the index higher with a 2.8% gain after increasing its dividend. Vodafone is also among the biggest winners, with a 2.1% gain after its latest results showed improvements in Europe. On the FTSE 250 shares in Aggreko have plunged 15%. The company which rents electricity generators warned that profits this year would be weaker than expected.

Mornings gains gone again.

wee dabble on the Dow at 675

100 point swing on the FTSE 100 Today. Made a bit then gave it back.

the worry for the dow is if it closes below 17,700
the fact that is currently sitting at 17,660 is not a happy sight for any bulls

The start of negotiations in Greece, over a new financial bailout for the country, have been delayed. It seems that representatives of the lenders - the European Commission, the European Central Bank and IMF - are worried about their physical security and want somewhere safe, out of the public eye, to meet

Five day losing streak on Dow. Not even a slight rally. Not had a week like this for a few months even through the Greek shambles.

potentially 17,500 (dow) now next stop

now 17,580 and falling

yep - loads of bad news and sentiment out there aside from greece - the hard question is how much further to fall then the inevitable bounce - if some more resistance broken the drop may be much harsher - we shall see - personally been trading in and out and got lucky so far - just dont want to hold anything too long at the moment - cost me more profits but rather be safe on smaller profit atm than at a loss

atb sincerely hope you guys doing ok

choppy waters!

haven't been around to pay much attention, for better or worse
one would like to think that 17,500 would be the bottom at least for now as in truth, chinese economy apart, the news is not really that bad
however, as we all know, once sentiment switches, the devil takes the hindmost

to my surprise, 17,500 was hit only on/about 9th july, from where it zipped straight back to over 18,000 ...... must have been the greasies coming to their senses or somesuch

forgot about this little bit of good news :-)

US new home sales fell 6.8% to reach an annualised pace of 482,000 in June, well below the 548,000 expected by the consensus. Nevertheless, despite those numbers Barclays kept its tracking estimate for US second quarter GDP growth at 3.2%.

nice one :-)

Cash restrictions for foreign trips were eased in Greece today, with Greeks now allowed to take up to €2,000 - or the equivalent in foreign currency - out of the country, per trip. Meanwhile, Greek officials say they now expect eurozone negotiators to arrive in Athens this weekend, with a view to starting talks on a new, third, bailout for the country early next week.

will be interesting....................

what time was that announcement?