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

if DOW bombs this afternoon, then FTSE may get dragged below the critical 6,050 level
keep a sharp eye on this as it's already pretty close

DAX
booked another decent dinner with today's banked profit :-)

DOW
short position left running

===========================

since the above - and yes it happens that i did book my DAX profit too early - i note in particular that FTSE (post close) has crashed down through 6,050 support

US retail sales stronger than expected in May
+0.5% vs expected +0.3% and +1.3% prior


but no effect cash DOW
wait for opening bell

have banked profit on 50% DOW short
still running shorts (also) in FTSE, DAX and GKP

watch out chaps ......

DOW
just broken south of key 17,660 mark
if that remains the case through to the close, then tin hats or more

to plagiarise a very old tv lager advert ..... follow the bear :-))

banked profits on both FTSE and DAX positions, and leaving DOW to run at least for now
that index is at a very critical point and may even close that later on

bears look that they may be taking a breather

while you guys have been asleep at the wheel .......

i sold the last of my DOW short at a very small loss this morning and have been long DAX - and very profitably even if i say so myself

have now sold 50% of that, but it is no time to get greedy, so not sure for how much longer to hold balance
having burst north through one resistance at ~9635, the next is said to be at ~9750, but not sure that i'll hang on that long

Late sell off agaın ın US.

i was playing golf yesterday ..... any particular reason for yesterday's late sell-off?
am currently neutral on indices

Take your pick.....could be China, Japan, Russia, or the US to blame, but this seems to be the most likely culprit:
"Stocks slumped with oil and industrial metals after central bank meetings in the U.S. and Japan spurred concern the global economy is losing momentum. The yen soared after the Bank of Japan refrained from easing monetary policy, rallying with gold and sovereign bonds."
Though I think Janet Yellen statement also contributed!

have made a bit today by shorting DAX and DOW, but am now out, or at least for the time being

levels on both the above, and also FTSE have either bounced off critical levels or are close to them

hard south is still the likely call going forward, but we all know how horribly wrong these racing certainties can prove

Approx 2% jump in the FTSE expected due to increased 'IN' optimism.

20761- as i said

i feel that everything is too far and too fast and that certainly before thursday, there'll be some consolidation or whatever ..... but very difficult to judge and probably far too dangerous to risk cash :-)

One poll over the weekend and its a done deal!!!!!!!!!!!

FTSE
just crept through serious barrier of 6235

This is all about the referendum now .

so expecting "remain" to carry the day, i have bought a few LLOY