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

ok KD, which way are you jumping with Dow today? ...... Freddie's numbers horrid and Dow indicating -190

Cynic, not touching it for the time being.

quite right too!

DOW
just to highlight current volatility
13:23 indicating to open -190
14:25 much the same, though it had been better in the interim
15:20 -210 though it has been lower and also 150 points higher!

Just testing the Dow at the moment. I'll soon see if yesterday was a fluke before I give back all the winnings.

which way are going? ..... get the timing and rhythm right, and almost certainly plenty to be made on both tacks

Cynic, lately I developed this inability to short, so can only go long when the option arrives.

psychologically difficult for no good reason

who watched Spooks last night?

Not me.

all about banks and uk being shorted to destruction!

Bit too close to the truth for my liking !!!

sure glad i am short of more than i am long (WOS, WPP, MKS) than i am long ..... only long of consequence is IEC which is a special sit

Nikki over 7% down, could be testing new lows here with dow at it's lowest point.

Ig not been hedging properly ?
IG Group Plc (IGG LN) slumped 41.75 pence, or 18 percent, to 186.50, the sharpest drop since at least 2005. The owner of the IG Index financial-market betting brand, said first-half bad-debt costs will be almost quadruple the total for all of last year because of customers' wrong-way bets on Royal Bank of Scotland Group Plc stock.

So you can trade on margin, exceed your leveraged position, fail to pay more cash in to your account & I.G. will then write it off as a bad debt? I am almost tempted to open an account!

Must be why they have started to automatically close out people's positions if they go over margin limit! That would not work though if something was to gap down significantly at the open

IG have always done that if you have not squared up pronto .... thyey are just being that much tougher now, but with markets as volaitile as they are, IG can then be left with stocks (long or short) which they have to liquidate

I suppose with their ban on shorting banking stocks it makes it impossible for them to hedge positions? Damn 768 S&p long(2002 low ) did not get filled!

it's not IG's ban, it's FSA or whichever authority