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

DOW
just opened a small long at 17780 ...... fingers x'ed but am in front of the screen

both ftse and dow being very rude indeed :-(
never mind; i'll just sit tight

May see a bounce tomorrow .

i don't think it's any more than a correction .... after all, we've had a pretty decent run of late

Still holding mY short position from start of month on both FTSE and DOW.

pretty brave .... as far as i can see, that means you're out of the money on dow but a similar number in the money on ftse - and that's after yesterday's bloodbath

Where are we going today ?

looking southwards with some impetus as it stands .... not at all what looked likely first thing

I'm not for shorting right now may have missed that opportunity yesterday and this morning . This could bounce as quick as it went down .

quite funny yesterday evening ...... i opened another small dow long at 17,680 and then smacked myself when i accidentally closed it 30 points higher a bit later ..... though early (as it happens), would have been very much crosser had i held it until now :-)

got distracted by an interesting project so missed the jump on DOW
whether or not i'ld have had the balls anyway to buy at the low levels is another matter

Took a bit of pain last week. Now comfortably in clover with stop in place to protect what I have.

Up and down like a brides nightie today.

but tending south

North :)

it is now indeed
made a very small turn on a single trade this afternoon, but actually working for a living and was too busy to concentrate just on trading

every little helps :-)

although DOW has stuttered into positive territory, it is still well below the important 17,800 mark and likewise, cash FTSE remains below 6,300

in conclusion, don't get too excited, but watch carefully for what happens next

I hear you cynic, I don't know whether to fart or faint! LOL!!!

FTSE - has now breached 6,300 quite comfortably and currently looks disinclined to fall back

cash DOW - has struggled up through 16,800 but it is not yet clear if there is or will be any impetus behind this

DOW
taken an early tumble .... no obvious reasons except Macy's figures were obvioulsy awful as that stock is down 13%