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

jimmy - i never questioned the level of your relatively minor loss last night

meanwhile, things are now looking very serious across the board

Read again i didn't lose i gained 38 points , i have been good on all apart from one this week which cost me about half the points i had made .

See how today goes i may add to my FTSE long to average down plus the DOW if it gets trounced further may be worth going long ,watch the oil price as an indicator as well..

you're right; i did misread your initial post, but no matter

it's pretty brave to attempt the knife trick though i understand the logic
16,850 and 6,050 are i think the supposed support levels now in play

jimmy shouldn't that read 17098........

It should baler well spotted , no wonder i confused cynic he thought i was a millionaire overnight ..

cynic 17850 has held pre open on DOW .. That was the low so far on IG.

Oil hitting 11 year lows .

just back from the gym, but yes it did
good to see a support doing its job at last :-)

You're wearing a support at the gym? Careful there!

i always wear a body-belt for dead-lifts and squats
i don't and never have had back trouble, and I don't want to start now!

==============

jimmy - with hindsight, i hope you were brave enough to get in at the bottom (Dow) or thereabouts ........ decent recovery currently under way; let's hope it continues

A Gym?.. oh thats so indoors what a wimp o -):

not if you're a geriatric like me it isn't ..... can't afford to get a chill on what passes for a chest :-)

You don't want to be dead lifting anything at your age cynic ,you'll do yourself a mischief ....

A chill? what's that..southern softy alert -):

To be so close to death!

Taking a risk?

Can JB watch?

Too much exercise adle's the brain cyners....... after all you forgot who I was the other day....... sign of times to come... ;)

chuckle .... such a common name you have, it could have been anyone of several :-)

nothing like dead lifting ...... gives plenty of exercise in a hard winter or flu epidemic

jimmy - DOW - do i spot a little support level at 16920? ..... have a look at today's 10 minute chart and let me know what you think

meanwhile
DOW has recovered relatively sharply as is now wondering whether it dares break through 17,000

of course the major worry in all of this is that we are seeing far too much of lower highs + lower lows

Had to be out for some of the afternoon unfortunately so am out of sync with the goings on .

DOW has started to struggle again, so though it's tempting to go long again - for how long can this market keep falling in lumps? - it's mighty dangerous territory