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 thoroughly agree .... i am truly amazed by FTSE strength this morning, which incidentally is mirrored in cash DOW

Me too ,surprised , maybe big business does want out of the EU :)

Or maybe Asia and the good ol USA don't give a toss whether GB stays in or leaves. :0)

Hard to imagine, but what a result that would be LOL!!!

Trying to second guess Mr or Mrs Market is a fools errand eh cynic. :0)

Although the FTSE has despite it's rise failed to get through 6000 several times .

Although the FTSE has despite it's rise failed to get through 6000 several times .

i think jimmy may be in accord with me, in saying that i remain unconvinced by this latest surge ...... no doubt i/we will be proved wrong

I am and i think a down bet is where i would go right now ,however i got stopped out pissing against the wind last week .

Bit of a battle to break 6030 going on, gold getting stuffed together with the pound 6050 anyone? Down to the Dow my guess.

below are assorted headlines from FT ...... so who isn't reading the script?

Pound pummelled on Brexit fears
Sterling weakens after London mayor Boris Johnson backs Britain leaving EU

Brexit looms as shock for UK financial markets
Growth could be up to 7% lower, sterling and equities would fall

Stocks start week on positive note

Pound slides on ‘Brexit’ fears but miners help Footsie bounce

Big business backs Cameron’s EU push, HSBC cuts pay and Britain’s Atlantis
Bosses of about half of UK’s 100 biggest companies to declare support

It will go where it wants, It will go where it wantsssss

Dow Jones will go where it wants.

I'm out in a bit and no position as no feeling one way or the other.

That's me Limited out long at target 6050. Now let's see how the Casino performs this aft. :0)

i won't risk long, and fortunately i didn't short this morning either!
onwards and upwards looks absolutely nuts to me

Yes , the other day it was all doom and gloom ,now we are on a roll ,what's happened ?

answer nothing .

if anything, i'ld say the position has got worse insofar as the chances of an "out" vote must surely now be stronger

FTSE 250
worth keeping an eye on this as of course it covers a far wider spectrum that FTSE 100
currently it's just about at its day's low, whereas FTSE 100 is at its high

Really strange how markets have gone up ,i'll say it again maybe more people want out than you think ,i fully expected a down day .

Don't forget that there is a wall of money in fund managers coffers that has to go somewhere, so any slight movement may be exaggerated because of this.