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

probably foolishly, have just averaged down to 16,215 ..... but even now the position is just small

all running out of puff a bit ..... let's hope for a second winds tomorrow if not later today

and now out with +64 points .... wish i was always this clever

:-) well done cynners!

So, whats going to happen tomorrow, on up, stay put or retrace.,.

i'm not that bloody clever!
however, it helps when you trade as you see (as was said to me) and can actually pay attention to the gyrations and above all, not get too greedy

in fact, i wouldn't be surprised to see the indices tracking higher tomorrow, though slightly disturbing that FTSE could not hold 5070 nor DOW (currently) 16,359

Are you looking at the same DOW as me ? cause it wasn't 16359 when you posted

no .... sorry to be ambiguous ..... it has tried that hurdle a few times during the day and failed to hold, but it could conceivably have another crack at it during the evening

wow what days :-) well done cynic hope others did well also
now for tomorrow......................!

Wall St slowly losing it's days gains tonight

DOW now looking pretty nasty and has sunk below important 16,000 level

now down to 15,800 and trying to fall further ..... ftse will open pretty bloody in the morning (cash currently -145) unless china very strong
wonder what brought on this very hefty profit-taking or worse

The Cat was dead when it bounced!

Finished well down ,took FTSE and DAX with it .Took 127pts on a short ,bit easy really just wouldn't stop going down from 8 PM .

I think it's simply called uncertainty cynic. It's the one thing nobody likes and it's always going to be magnified under the market lens. After all, we are actually unable to predict the future with any degree of accuracy at all, we simply rely on probability based solely on historical performance.

That's funny , bloody good bounce today for a dead cat though !!!

Good call Chris, you old Toffee you, and you jimmy b!
At the end of the day, we short term traders depend, nay thrive, on this sort of volatility. It's a day-trader's dream! :-)

Good to see you back splat :O)

Cheers . Anything to do with indicies and me is luck ,mostly bad :)

Blimey, the thread's been taken over by Mickey Mousers!