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

100% true .... and both Muslim!!! strange world

catholics / protestants ...... same thing

Had a dabble in the first hour this morning.

Waiting now for US to show direction tomorrow.

To be honest I am clueless to where its going.

This is quite hateful , are we near the bottom ? i'm holding banks and house stock, not too many , however i think i would like to be sitting on cash for the referendum later this year ..

charts for DOW and S&P would indicate there is the potential to fall quite a lot further

FTSE will be vulnerable to slumps in crude, china and america, and of course the upcoming referendum is scarcely a calming influence

at the final count, i would expect the referendum to come out as "in" and possibly by quite a decent margin, but that is still a few months away

that said, i am quite tempted to take my life in my hands and place a small DOW long to run o'night as a decent bounce is now surely well overdue

Don't do it.

i think you're right ...... when in doubt do nowt :-)

Futures haven't really moved at all today. Surely a DOW punt before the open is a 50/50 gamble?

Well done Alf.. now about that fiver you owe me -):

cynic , i myself would be more likely to go long FTSE and be out with any decent points.

That last statement does not contain any investment advice the FTSE can go down as well as up .

Up it is then today Chaps.. early at least.

Big Bounce . Had to happen but for how long ?

Indeed.

i did nothing, which was actually the sensible thing, but it's always annoying when you find you have guessed right - and keep very quiet when the reverse!

how big a bounce remains to be seen, but longer term the outlook remains grim

I agree medium to long term not looking great at the moment.

I'm not hanging around here any more ,you lot are all doom and gloom ..

Steady man.. stay resolute.

are you bullish the jimmy?
if so, i'ld be interested to know your reasoning