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 you're right, though these rallies can have long legs

Indeed cynic.

as i'm out for most of the next 2 days, i have decided to bank a very nice 100 points from FTSE ....... i can now watch sufficiently to re-enter the fray should i so choose

Me out to, good luck all.

Not sure now what to do.

Have a cuppa -):

i have a small dow long running ..... it's currently modestly in the money and have no intention of getting greedy

overall, a good day for me with ANTO going great guns and one or two others not doing badly either

Had my cuppa. Now what!!!!!!!

Chill.

closed DOW long last night as i thought a pause for breath or slight retreat was on the cards
clearly not so just yet! ...... never mind

Is that it ?

50+ Fts faded out at the mo.

Keep an eye on gold. Not a good day for UKX so far.

Any particular reason CC? Fts down yes or dollar weakening perhaps.

Just watching the correlation between the two charts and Dow futures, good for scalping. Fingers crossed US Cavalry arrives 2.30pm

Cheers.

Oil comıng off hıghs. Appears to be the drıver for every move.

Inflation figures!

No idear, so taken profit.

From Skinny's midday update:

London shares' early gains were all but erased come midday as the price of crude tapered. Safe-haven gold firmed, but key UK gilt yields were flat. This as European bourses were mixed. Leisure and oil stocks rose, but miners reversed south. Vodafone (VOD) was in focus.