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

"The may prophesy of poor market performance has still not matierialised"

True H but we are only just over half way through, see where we are come the end -):

many use the 200 day ma so thats ok in my opinion to follow. sometimes the 233 ma is better. i prefer to use this one.it often shows why the 200 iis breached and then fails. it is a fibonacci number. 144 +89.currentley sitting at 8783 just a suggestion. dyor.
regards
jhkd

Well : the usual "Sell in May and go away " is turning this year (so far) in to : "Buy in May and tuck away"....there is no doubt that certain shares out there are absolute bargains and for the "longterm" would prove to be good purchases....anyway nice to see the bull trend if we can call it that continuing !.

I'm probably wrong but I'm feeling more cautious about these markets, if we are having the mother of all recessions and with possibly another 1 million more people out of work to come, government finances dire at best, consumers worldwide almost on strike, and few signs of improvement in the housing markets, then how come we appear to be coming out the other side so soon.
2517

I think it's because the markets are always forward looking. What is happening today is not hugely relevant, it's what general sentiment anticipates will happen which seems to drive the bull run (sucker's rally). When or if it turns out to be wrong, then down we go again.

HC---I agree markets are forward looking, but not 3 years or so, which is thought in some circles to be the time frame before the banks are profitable again, and also the drop in house prices stops, there are a lot more market shaking shocks to come imo, and whereas I am normally optimistic, I will continue profit taking (mainly) in the current market. Good luck, whatever your views.
2517

you looked at DWY yet cynic? ;-)

DWY - i suspect this is amoeba-sized and therefore of no interest to me ..... i noted that average volume is <300k on a 6/10p stock, and that speaks volumes (sorreee!), and though there has been hefty trade in the stock today, i would not be remotely tempted

ok, don't say i never warned you.. Remember TMC at 9p??

don't do amoeba companies as not allowed on cfd, but what do you reckon is so exciting apart from lots of trade today

aha! ...... absolute racing certainty that today's apparent volume is related to the issue of shares - see RNS of 12th May - so tread very carefully

up 25% in Oz Cynic, my man reckons they have a mega deal with the Nickel purchase and something else on the horizon, keep watching ;-)

cynic? oh cynic where art thou cynic? Going to 30p DWY remember these words.

kb
so what? now please calm down. we all get some right, most of us get most wrong,
please calm it ,i hope you are right on this one but please calm down.
thank you and good luck to you.
regards
jkd

might we now get back to the purpose of the original thread? please post on the appropriate individual relating thread.
thank you
regards
jkd

Yes, location is all important when pumping and dumping

hi kate and others .... now just back in UK .....

tell me kate, what is the market cap of DWY about which you are getting so excited?

jkd - i don't think there is a thread for this amoeba stock

The perils of 'a wee drink at lunchtime'. I wonder how many traders/bankers/financiers have liquid lunches???
" May 20 (Bloomberg) -- A former oil trader at Morgan Stanley in London, who shorted oil futures without permission after an alcohol-fuelled lunch, has been banned by Britains financial regulator for trying to conceal his trades, the second time in a week it took action against one of the banks employees.

The Financial Services Authority banned David Connor Redmond, a former trader on the freight desk of Morgan Stanleys commodities division, the regulator said today in a statement. Redmond built a substantial short position in WTI Futures on the ICE Futures Web-based trading platform in February 2008, concealing the position overnight and exposing Morgan Stanley to the risk of incurring a significant loss, the FSA said.

Redmond took an extended lunch break on the day in question in February 2008, according to the FSAs records. He drank alcohol over lunch and it appears that this affected his behavior on his return to the office, although he was not visibly drunk.

DWYKA (DWY)
sorry, but i'm too tired, so i'll leave it to kate to start a thread if she feels so inclined.

market cap is only 11m and EMS just 10,000 shares = fuck all!

RNS out today says DWY doing due diligence with a view to buying another company, so it looks very much as though the price is indeed being pumped to make any offer appear more attractive.

if DWY was the target, then a different view might apply

cynic
have to confess i didnt check, slap on wrist, quite honestly i wasnt interested, except in maintaining the integrity of this thread.
regards to you
jkd