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

Me too, short that is.

whoops a little dyslexia there! :-) make that 5300

Same here :O)

rally can't go on indefinitely, but quite a brave call to short i would have thought, not least because Dow does not seem to want to lie down just yet ..... it was slightly soft(er) at london close, but has now rallied again and is currently +35 at 10300

USD Federal Open Market Committee Meeting Minutes @19:00

Hewlett-Packard beats the street on earnings and revenue; raises 2010 outlook.
not a good idea to be short of the market
dow finished +40, then +10 after HP results
on the other hand, gold is weaker, but can't win 'em all

But I am short?

now don't get all girlie and weepy about it!
it's time to you learnt to live with your pathetic and weedy little body

lol, the markets DIRTBAG :o)

Splat, you still short? That Cynic is making me nervous

Ditto....

not that i know a damn thing, but markets will almost certainly be volatile for a while yet, so money to be made or lost in both directions ..... timing and nimbleness are perhaps more important than ever

yup, still short :-)

Closed mine + 36

now closed +36 too :)

good job, for i think you could easily have been singed ..... markets currently disinclined to tumble

DOW futures in negative territory however & I would guess at more downside to come this afternoon.
"Thursday brings the weekly jobless claims report from the Labour Department, the index of leading economic indicators (LEI) from the Conference Board, the January Producer Price Index (PPI) and the Philadelphia Fed index.

In addition, Wal-Mart Stores (WMT, Fortune 500) reports results before the start of trading. The retailer is expected to have earned $1.12 per share versus $1.03 a year earlier."

nah, it was a clear call! :-)

Now that the markets have recovered their poise and losses from this morning is anyone thinking about new shorts on the FTSE?
2 Way this morning had posted the following but it is completely out of the money right now:
"FTSE Sell at the break of 5260 and target 5228. Stop above 5272. "

Its good to see that 2 Way still have it :-)