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

In that case if your individual shares are in profit sell, take the profit and wait (with capital+profit in tact) for the slump then short the index and then whalla!..bobs your auntie.

Is that what you'v done Stan ?

Yep, sold PMO this morning and ready to sell PDL, though letting that one run for the moment. Even my POG holding is in profit, though not enough to get excited about!.......am nearly ready for the slump you promised!!!! ;o)

Yes JB. but I have already shorted the index (showing a loss so far) which is a bit disappointing but this rather odd continued rise cannot last I would have thought.

I agree ,to much uncertainty around .

Keep having to remind ourselves that the market doesn't usually go up or down in straight lines.. if it does then somethings not right.

Reckon we wıll see new hıghs on Dow and S&P500. Plenty of noıse about ıt ın medıa that does not cover ıt usually. Then the sell off begıns. Just my take. VIX has sıezed up.

S&P
currently on decent support line at 2095, so worth keeping an eye on that to determine where we may be headed tomorrow


FTSE
if that comes under pressure and breaks down with impetus through 6340, then further south could be on the cards

Dow finished down 114pts is this the start of the market downturn for the summer? to early to tell of course.

Following on from last night's dip over there.

Yep, though seems like just a 'down day' rather than the abyss.

FTSE
be aware that 6340 has been broken sharply

S&P
this is also below a decent support at 2095

for me at least, some interesting results and trading statements next week ......

tuesday - BOO and WTB ....... don't hold either but shall look with interest
also BATS

wednesday - ANTO

thursday - TW. and WPP
also agm for AFC, ARM, TLW

Dow below 18000, for how long I am not sure. Hope everyone had a decent week.

Off down the Battle Cruiser.

Dow finishes up.. just.

WTB
finals due tomorrow
watch for fallout as it may present a buying opportunity ...... sp currently close to 25/50 dma levels (3855)


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BOO
finals due tomorrow, but though sp has had a very good run, i reckon the numbers are likley to be good, so selling ahead could be dangerous

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BATS
trading statement due tomorrow
am hoping for good things, but have no feeling as to what will happen to sp

A nice little reverse as the Dow starts up for me.

going long either DOW or FTSE looks a brave move

Another nothing day on either market.

What has spooked early on wıth Dow futures?