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

Topped on boo. Hasn't dropped below 55p
now 57. Onward and upward.

feels that it will be a pretty grizzly week ahead
IG sunday markets will give a clue

US earnıngs 2nd quarter numbers plus anythıng out of Chına ıs more ımportant goıng forward.

good morning chaps from a sunny and relatively windless cascais (near lisbon)

fwiw, sunday ftse is now showing at 5945 but of course that is arguably just a defensive position

not looking good ..... sunday ftse now showing as down 81 at 5931/5946 ..... note the exceptionally wide spread indicating that high volatility expected

haven't checked out dow and dax but probably similar pattern

LCG spreads Dow 4 UKX 15

Expect a lot of moves wıthın the day. Tımıng as always ıs the key.

with FTSE nestling on 6,000 - an important support - i am almost tempted to take a very small long

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and exceedingly glad i wasn't!

2% bounce this morning. I have a feeling this is just a suckers rally. Some people seem to be taking the opportunity of doubling up their short positions.

Cut my short yesterday on Dow. No trades runnıng.

i've been lucky with some very small index longs, but am now thinking this sharp rally may have about run its course

DAX
struggling to break 9600 and hold, so tomorrow may be a day to short it

Ex-divi day tomorrow plus US unemployment claims figure. Otherwise not too much in the pipeline to worry about. However the bottom fishers over the last few days must be thinking time to take profits soon? Who knows, we are in uncertain times, but have put limit sells on my profitable stocks which will hopefully trigger before everyone else's do!

Independence Day Monday ın USA.

Mıght see some taken off the table ınto Frıday. Who knows.

Plus yours truly's weddıng Annıverary. Cant forget that date easıly. Wıll have to take Mrs CD out of the Den for a few hours at least.

Doesn't Mrs CD understand the Uk - Euro crisis at the moment. It's a time of uncertainty..a bit like your ability to pay for a night out...you could give that a try! ;o)

See what I can do once I get back to the Laır. HC

Dow moves up agaın. No posıtıons currently.

Short FTSE today but not much happening , anyone else surprised at the strength ?

as mentioned b4, FTSE is o'weight with big comoanies with o'seas earnings
thus the likes of BATS and IMB and even RDSB become beneficiaries of weak £

meanwhile FTSE 250 has dumped another 2.37% (nearly 400 points) which is a better indicator

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for myself, i am short DAX and DOW

Good point re weak pound , i have played the DAX however it moves quite viciously at times.