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

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

i note that dow has just dropped through 16,900 and quite sharply too

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

already 16845 and falling
cash ftse down 40

DOW managed to crawl back to just above 16,900 at close with cash FTSE showing -15

a very brave man with balls of steel and who can sleep through anything might risk a long on DOW o'night ..... no; don't look at me! :-)

Bounce coming cynic over the next week , massive bounce i can feel it in my water...

16760 early this morning. Late last night if you prefer.

No real support until last summers nadir.

No positions currently.

Mad , 16690 now ..


London's blue-chips are set to suffer further losses early on, according to financial websites, as Chinese stock markets were halted for the second time this week, with the circuit-breaking mechanism kicking in after falling 7% in less than 30 minutes into trading.

Actually I think China was halted after 14 minutes, never happened before.. spooky stuff.

jimmy (et al) - so where now? ....... though i expected this year to be tough and bearish, i don't think anyone could have predicted what we have seen since the new year
though nothing goes down (or up) in a straight line, working out levels of entry are now nigh on impossible

In for a good 12 months of turmoil. Just too much negative news for the markets.

i confess at 22:00 last night i was looking forward to a steady day on the markets, and with some luck, a decent bounce ........ hahahaha!

Not with that nutter in N. Korea.

Debt will be the net big headline in Britain later on in the year, if interest rises come into force. Individuals have an appetite for debt again.

Who knows , as you say nothing goes up or down forever ,i'm not going short now because i probably missed the boat ,i'm more interested in the bounce back .