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 think (or at least hope) that there'll be better news from F/E o'night which will boost the markets here .... but i'm not prepared to take the risk with money

FTSE 100 is fast approaching 50% Fib for those who like that sort of thing . Also lines up with support back from 2012.

Mayhem again !!!

murderous!
i see that WTI is now $28.30

Seriously it is starting to feel like 2008 all over again but nothing as major has happened .

i agree ..... a couple of months back, the markets twitched through fear of a rate rise in usa ..... now its fear that they won't!

absolute bedlam and best to do nothing i am sure
looking at a quick chart, DOW OUGHT to hold around 15,600 but it's brave man to bet on it

Are we ın Recessıon already?

Too much too soon, but I wont argue wıth ıt.

Tempting to jump on the gold band wagon, bet your life as soon as i go long gold Indices will jump, murphys law. I have't got a clue but if past performance is anything to go by in bear markets there will be a bounce at some point which lulls you into a false sense of security before tanking again. Trend is your friend till it isn't.

your "mate" sticky says he has made a good fist of trading gold in the last couple of days, and certainly if he did indeed call it right, he will have done
however, i would agree that today's armageddon is almost certainly overdone, and thus i'ld guess the immediate run for gold may also run its course

that said, i have never traded physical gold - sticky rates CEY as a gold stock though i don't care for it - nor forex

cynic - His credibility is legendary LOL!!!

CEY, FRES & RRS have all done very well over the last two weeks.

yes, he does like to call that he never makes a cock-up ..... rather like MRSI (mentor)!
that said, he does come up with some interesting stuff

mentor has not been seen since he called everyone an idiot for doubting his penny stock picks that fell by 50% .

I read somewhere last week that we could possibly go down to 5400.

indeed - sticky for all his manyfold faults, is not abusive of others when they disagree with his suggestions or analysis - very much unlike mentor!

the markets, having been totally shell-shocked at the open, are now making a shaky attempt at recovery ..... let's hope that further severe relapse is not on the cards

I'm still wanting to go long for the bounce at some point but when ?
i nearly left a buy order to get filled in the night at a cheeky 5550 ,however that wouldn't have looked so clever or cheeky this morning would it .

A sorry mess.

5400 not such a dumb idea keaydian.
Take your pick........anywhere from here down to 5000!

5550 would just be in the money as i write

across the pond, 15,600 is holding but bouncing no higher than about 15,660 before falling back again