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'm long FTSE 7216. I think this is overdone in the UK and it will claw it's way back up.

I expect the dirty bottom fishers to come back out on the Dow

DOW
having foolishly opened a new long last night at 25,025, it looked rthat i was going to take quite a battering by the time london opned this morning

there has now been a miraculiur turnaround and i am just back in th money ...... i shall not get greedy, but be happy to bank something modest and heave a sigh of relief

I know how you feel Cynic. been there so many times myself.

I've just closed my FTSE long for 23 pts. My entry wasn't great and whilst I feel this may run a little higher into our close I'm happy to take my money and reload when the chance comes along.

I can't say I'm tuned into this today. My other day-trading has been pretty poor as well today but I was on the right side so overall a profit.

now out of that at 25,082 (whew!)

I'm looking for potential FTSE upside to the 7469 level or thereabouts over the next couple of weeks.

:-)
jolly little in/out flutter long DOW for 50 point profit

DOW + DAX
DOW is roaring ahead yet again and pulling DAX through 12,550 along the way
will DAX hold that level overnight? .... if so, that could be the place to be (I already am)

DAX
a very disappointing start having been (cash) well through 12,550 last night but has now retreated to just south of that

US Sold off last night. New Fed chief got his first say so.

all looking a bit ugly for tomorrow
DOW opened strongly but is now looking very sickly once more - down 150

Still going south

20:50 DOW almost certain to close down >300

500 points in an afternoon!!!

Here we go again

would have been very easy to have been suckered early this afternoon .... thank goodness i was not even around to be even half tempted

FTSE only being called down 25. hmm. Not low enough for me to go long yet.

.

Having taken 21 pts on a FTSE long this morning I'm back in at 7188. This time I'm hoping we will get a proper rally once the politicians wake up and smell the coffee

DOW
impossible to trade in these conditions .... must surely be computer trading for it's flying around all over the place
i tried a little dabble early this afternoon and completely lost my bottle .... was glad to have got out at b/e, though could have subsequently done well - or lost a bit had i lost my nerve



DAX
looking very sickly indeed but not sure why, for it's not as if it has been rocketing north of late