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

i know, so i bravely (stupidly if it all dives another 100) topped up at 15977

oil and pound are moving down.

Footsie short closed to a very satisfactory week.

I opened one at 15976 but don't intend to stay in long , iv'e dived in and out a few times FTSE but don't have much confidence in this at the moment .

Out for 52 points .

banked 2nd position for 50 points and will leave 1st running (16044) with limit at 16075 (proof of non-greed!)

Where next with oil ? never thought we would see it in the 20's .

If DOW falls again to around -400 i'll go long ,if not then i hope it bounces for you cynic.

$10

$10 oil dc are you stark raving bonkers ???

I can see no end to the retreat unless a couple or 3 of Countries stop pumping or cut back substantially.

Yes I think he probably is James -):

Thought that would get a reaction. :-)) Get out in your car and use a bit more. We will have to buy gas guzzlers. lol

Maybe we can end up like Venezuela 1p per gallon .

If you two have the same judgement on here as for the ftse comp, I rest my case. :-))

Petrol and diesel are not falling much in this neck of the woods. Shell still 104/105p ltr for diesel.

If it gets much cheaper i'm going to buy this ...

thanks jimmy, but as i've already banked half for a decent number of points (not big enough to say decent profit!), i'm quite well covered against disaster

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

and in those 3/4 minutes DOW has dumped yet again
now down 415 points, so you can put money with mouth :-)

I did and sold out within seconds for another 17 points .
I think i'll get caught out if i'm not careful here ,still running a FTSE long that's way down because i didn't use a stop .

Yes dc......Shell certainly slow to move their price. 104/107 in Norfolk. Tesco petrol/diesel sub 100p.

Yes Tesco are cheaper Harry. My view only, I always think they buy up the dregs. I compare their fuel to the likes of the old Jet filling stations.