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

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

Very calm before the storm is it going to be more mayhem when the US opens ??

ECB....no change to interest rates.

why the big excitement across the markets?
surely super mario didn't say anything unexpected

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looks like DAX, DOW and FTSE are now close to important support (haha) resistance levels ..... keep watching

Wild swings in the DOW before the open .

so i see and indeed across the other markets too ..... a quick rush of blood to the head, and then a bit of reality or whatever

DOW is still up 26 (it was 110 and more only 10 minutes ago), but has been down 80 odd during the morning

choose your direction if you dare :-)

Up !!

But have nimble fingers .

just took a quick 60 points on DOW, but now watching to see if 15,850 can be breached, but it's certainly struggling at the moment

i'll go and grab myself a drink while i have no position running :-)

I have had a couple of longs but it's silly up and down can't take the stress , if it could only be like last night 100 points in minutes .

:-))

glad i got in and out and in the right direction!
it's the direction that is so hard to gauge

Here we go ,i'm not in though to erratic .

all cat and mouse stuff .....

FTSE and DAX close to important resistances (were supposed to be supports), while DOW does not want to take the initiative and has stalled 3/5 times already today between 15,900 and 15,920

You would have been happy to see 15850 breached a few minutes ago and now you want more :)

except i didn't get back in :-)
but having breached that, 15,900 is next target followed by 15,970

DOW
15,970 is now proving quite a stubborn hurdle, but so far this evening, DOW is certainly tending north ..... therefore guaranteed to get blown to pieces later on :-)

15976 , Do we hear 16000 in the room .