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

if DOW drops close to 16,100 shall go long

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bugger
got distracted when dipped to 16,109 and missed

Big sell off yesterday. Now totally undecided.

I went short this morning and just watching now.

Early morning promise gone in blink. Thought we might have an up day. :(

An up day? not on your nelly CD -):

Very True. Looks like another dump everything day.

Went short on FTSE earlier but closed too soon as it was up and down ,don't know where for now , however if we sell off again big i shall go long ..

Well don't dump these C/D

Thanks. I will try and not lose my shirt also,

Most certainly.

if DOW gets anywhere near 16,300 then almost certainly a good place to short unless you're convinced it will burst that barrier ...... target then becomes 16,100 or even a bit
lower

for FTSE, 5,900 or perhaps as high as 5,930 looks to be the key ...... currently close to that

Dow futures even's ish if I'm reading it right?

cash DOW now just +18 at 16,170
much earlier, i think it was +80 but in our NL office at the moment actually doing some work for once :-)

I want photographic evidence.. and dated of course.

Going long looks favourite at the mo.

Dow up and fts down.. well there's a novelty.

Short closed, good game this innit.

when i was on the train, i saw that DOW was +90 at about 14:00 or a bit later
anything in particular scare it that it had then dropped to just below 16,000 (= -150)?

have just gone long, probably foolishly, but we'll see

No idea what went on it just seems to move in mysterious ways, I just happen to be getting things right at the mo.. but don't quite know why -):

Maybe this didn't help cynic....

US ISM non-manufacturing disappoints

US ISM non-manufacturing for January comes in at 53.5 vs an expected 55.1, previously 55.8 (revised from 55.3)