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

Yes it does usually doesn't it.

FFS LOL!! Stan have you read Trading For Dummies? I can recite it page for page :0)

when wall street closed last night .....

GOLD = $1293
unless this collapses on monday, surely tuesday must see some strong preformances from gold miners on FTSE


DOW = 17,775
this was a recovery of about 80 points
more importantly, this brings us back to a key level so it will be important to see which way trading goes on monday


FTSE = 6,258
still remaining within a very narrow and directionless trading range

fwi, Sunday Dow (IG) currently showing -27 at 17,557

Yes and be nice think it will keep going for Tue.

Off the low from Frıday ın US. Reversal goıng back up to test hıgh agaın!!!!

A bad start to May

matter of opinion CD, i'm afraid

i'm short both DOW and FTSE though not in any significant amount, and glad i held my nerve yesterday evening when DOW decided to celebrate along with leicester

i remain of the opinion that world economies stink and that the markets are currently rushing along in blindfolds ....... we shall see

My take too on World economıes cynıc. I am short Dow also. But the good nature ın me does not want another dısaster lıke the one a few years back.

Glad I kept my short open over the holiday and closed out with nice profit this morning.

Stan,

Lend us a few bob.

But not at Manuel's rates!


8-)

No prob's Fred, usually rates -):

DOW
admittedly the market is yet to open, but yesterday's surge has now been entirely wiped out and again 17,775 has been breached, albeit not by much

keep a sharp eye on this level for the rest of the day

Funny week with NFP at the end.

Mayhem out there at the moment .

lovely stuff :-)
one of these days FTSE will suddenly realise that it should be nearer to tracking DOW, at which point, hang on to your hat

sorry if you're long

DOW
currently teasing below 17,700
not sure where the next stop south might be ....... 17,500?

At the moment.. if in doubt do nothing.