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'd rather trade indices than shares

i've been 'immolated' whatever that means!

Apparently its the first album by the Polish death metal band - Dies Irae :-)

:O)

DD - are you sure you don't mean molested?

yes please ...

;-)

My tuppence worth: Surely it's much easier to understand how & why an individual share is performing rather than trying to understand the complex issues of why a whole index is moving, particularly the FTSE100 which is heavily weighted with foreign companies?

indices are often more to do with momentum and chart patterns ...... i play with FTSE and Dow in a very modest way, but use the info i am given as a guide to what i may do in the wider market

A fairly substantial correction over the last two days, particularly on the FTSE250.
Just going to have to sit & brave it out, imo, with an eye to picking up some stocks at lower prices. Many seem top have dropped below their 25DMA with hopeful support at the 200DMA.

Dow now -91, so unless a late recovery, things looking very gruesome for tomorrow ahead of US GDP numbers

i am advised that if FTSE falls through 4950 and/or Dow through 9650, then watch out.
conversely, i guess one could argue that either/both indices should bounce from those levels too, or from a bit above them

Is this going to be like March ? ,i'll be surprised if it is ,,is this just a pullback ? Only holding 2 stocks myself....

What happened in March?

Market's turning...I will breathe a sigh of relief if this continues....

market is surprisingly strong, at least for the moment, but it's very likely to stay very skittish ahead of these US GDP numbers due today - not sure if those come out before market opens or half way trhough day

Cynic - GDP figures @12:30

Watching cnbc here and the GDP figures are looking good . Hopefully help the general market ,stop this rot.

Natural gas has shot up 16.5% to $5....in my book that's a very sharp increase.

The latest from Albert 'The Bear' Edwards (FT today):
"On my return after two weeks marketing I am left pondering whether the recent equity market retreat is any different from the pullbacks experienced at end of last month and indeed in June and July. Is this another pause that refreshes or the start of a rout?
One of the key conclusions from our late-1996 Ice Age thesis was that once the bubble burst, the close 35-year positive correlation between equity and bond yields would break down. This relationship had persisted for so long that it had become ingrained in investor psychology.
We knew though from Japan that in a post-bubble world, once bonds and equities had decoupled, that the equity market would mirror the economic and profits cycle. And so, despite Japan's structural equity bear market, one could enjoy numerous 50%+ rallies if one invested as the cyclical lead indicators bottomed out. Conversely one should have ALWAYS sold when these same lead indicators peaked out. After recent massive cyclical gains in equities, that extremely dangerous topping out phase looks as if it has begun."