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

Gone long FTSE 100

this is now looking seriously horrible and worse
a lot of forced closures must be in the offing if not already activated

sit tight and keep your head below the parapet must surely be the dictum

Closed out with a loss. It happens :)

For pete's sake...don't go long Claret Dragon again....this has to pan out....but when....?....

A long...pound/euro might a good bet....just guessing....with a deal perhaps on the cards and the eurozone fretting with a possible Italian disaster (though that might be months and months away)….

carnage likely again tomorrow as Dow currently -550

750 down

3% down

Ftse just diving at the moment.....never thought this autumn would spring this....have to say....

I took a small loss on FTSE 100. Looked like a rversal candle on Tuesday

Didnt work out.

But now the question is where do we pause 6900?

cash dow is indicating another fall of 330+ and is currently sitting at 25,285

if that proves to be true say 30 minutes after the opening, then even further heavy blooodletting could ensue

FTSE 100 put toe in the water below 7000

Back to 1999 levels

Dow 10400 back then.

Sorry for history lesson but UK has not performed that well.

DOW
totally nuts
down about 700 i think at one time and also back to level and then finished -550 or something daft, with final nonsense after hours of +140 from closing level to 25,200

DAX
looking healthy for the first time is ages, having just cracked north of 11,700
can it hold it through to the morning?

DAX
now trickling back towards the 11,700 level, so depending on how weakly DOW opens, it may be worth a modest long

all markets now crumbling/crashing again :-(

A bad month so far

truly awful :-(

.

Not to worry chaps we are due a serge in the last couple of days of October.