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 can't afford not to have exposure to oil,because when the hyper inflation kicks in ...

you won't see serious inflation threat for at least a couple of years .... however, you will assuredly see oil consumption and/or crude price increases a long time before that .... more certain than for gold!

so that rate cut was a big damp squib, with the markets pretty much ignoring it and even weakening a bit more .... mind you, with the banks being so damned greedy, it makes not an iota of difference to Joe Bloggs when the banks either won't lend at all or demand usurious rates which have no bearing at all on base rate

Wal-Mart reports that February same-store sales were up 5.1% - far surpassing analysts' estimates.

surprisingly, Dow indicators are still down 120 .... very curious

Number of people filing first-time unemployment benefits fell 31,000 last week to 639,000, U.S. says. Continuing claims also fell.

and still NY indicators keep tumbling .... how perverse

Maybe just the unemployment figures dragging down the DOW. Sentiment rather than actual stats being the driving force.

Anyone remember what UK time non farm numbers are out tomorrow?..1.30 rings a bell.

USA
1:30pm US Non-Farm Employment Change
1:30pm US Unemployment Rate
1:30pm US Average Hourly Earnings m/m
4:15pm US FOMC Member Dudley Speaks
8:00pm US Consumer Credit m/m

Thanks H.

Is that crucial in the grand scheme of things?

Used to be, but noticed not so lately as bad news probably already priced in these days... personally I always like to get the figures out of the way though -):

This seems to be what finally sent the DOW reeling:
NEW YORK (CNNMoney.com) -- "General Motors Corp. said in a government filing Thursday that its accounting firm has found there is "substantial doubt" about the automaker's ability to survive.

The embattled automaker made the disclosure in a 480-page filing with the Securities & Exchange Commission.

The filing's grim tone is not a surprise. GM has sustained large and continuing losses that have now reached $82 billion over the last four years. It had previously said it needed additional federal loans, coupled with improved sales, to remain in business.

GM said in a separate statement that it is confident it will be able to turn around the business if it gets the federal help it is seeking and when consumer demand for autos returns."

Well went long ftse just after the us close.

In at 3503 stop now at 3497 will see what happens low risk trade plenty of upside potential imo

3476 was said to be key number, so your call is prob pretty good, though you may want to consider givinbg yourself a little more headroom ..... 6 points is less than nothing

Signalwatch sees Dow 6500 as the bottom of this channel,nearly got there last night

closed ftse long +27

Help please.
Can anyone suggest a reliable alternative provider for FTSE live streaming charts,
moneyam charts are just to unreliable.

Even one that's not totally reliable, but better than moneyam will do.

I'm using the FTSE intraday chart here. There have been problems but it appears to be working over the last couple of days.

(RTTNews) - Employment continued to decline in the month of February, helping to drive the nation's unemployment rate to its highest level in over 25 years. The drop in jobs marked the fourteenth consecutive month of job losses.

The Labor Department released a report on Friday showing that non-farm payroll employment fell by 651,000 jobs in February, with the decrease coming in roughly in line with economist estimates of a decrease of 650,000 jobs.

Could be worst then, lets see what the Dow thinks.

dealerdear
Just thought someone may have a more reliable provider, thanks anyway.
Looks like It's gone again.