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

This is becoming a knock on effect .

Maybe worth a long with it being down 550 .

are you going to put your money there?

one might have said similar almost throughout the day, but there is no indication of any wish to recover ...... but there might be some sharp bear closing in the final hour, though i don't think there was yesterday

Janet Yellen rate rıse has gone down well ın just 1 month. Soon to be reversed.

It's still going down ,mad .

i'll take that as a no then :-)

I have at 15462 ,with my finger on the trigger ,i'm nursing a loss on my FTSE long ,not pretty .

Come to Daddy ,this could be the quickest 100 points ever.

That's me out my limit was hit 15562 . 100 points

Wish i'd left that running until close ..

i must own up to a couple of small dabbles on DOW last night, and am thankful that i took my very nice profits when i did .... at least they helped ameliorate some of the hammering i have taken in recent weeks

the DOW's performance was extraordinary with some thing like a 350 point recovery in a very short time (foinavon won at a canter!) ...... but at least 100 points of that was lost in the last 30

the 10-minute chart will be much more precise

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today will be another one for watchfulness with china continuing south - are we now becoming slightly immune to that? - as i certainly don't trust any recovery, let alone foresee it being sustained for long

lower highs and lower lows continue

ECB interest rate decision today at 13.30 hrs......expectations are dismal!

both dow and ftse quickly collapsing ..... not a huge surprise i'm afraid

Baltic Dry signalling recession apparently.
2517

Closed out last nıght.

Wıll have a look thıs evenıng to see where we are.

Last nıght 50 poınt swıngs ın mınutes.

Not leavıng anythıng runnıng wıthout watchıng charts.

Too rısky.

Hope everyone stıll has there shırt. Its certaınly hard work!!!!!!!!!!

from 19721 .....

China’s slowing growth has crushed shipping rates to such an extent that hiring a 1,100-foot merchant vessel would set you back less than the price of renting a Ferrari for a day.

Rates for Capesize-class ships plummeted 92 percent since August to $1,563 a day amid slowing growth in China. That’s less than a third of the daily rate of 3,950 pounds ($5,597) to rent a Ferrari F40

good morning CD .... not too much claret spilled of your either i trust

you're right that one scarcely dares leave the screen as the indices - especially DOW - are like demented zebedees

Thankfully I grasped the lift off at around 7.00pm and took cynic's call yesterday, of 15850 as a potentıal target for the close.

Wasn't brave enough to go all that way.

Happy with what i got under the circumstances.

chuckle .... my 15,850 was merely a stab as to where the index might get given a gale in the right direction ....... as it happens, that level was hit, which was almost as crazy as the index dropping 500+ points

DAX - not an index i have traded - is performing strongly today, though i don't see any reason for it