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 certainly agree with the sentiment "anything could happen", but my view is that south is the more likely

cynic ho hum DJIA back above 11000 Goldman effect seems to be declining and flights starting again in Europe after volcano scare wears a bit thin.

DOW risen 60 points since 6.00pm just touched 10999 but back up now???

I've found in this market everything happens in reverse.

So decide what you think is going to happen, then do the opposite.

dd
what? and lose money? LoL!
regards
jkd

normal service resumed for the Dow, looks like up, up and away, as opposed to our planes.

Look on the brightside, illegal immigration has drastically reduced over recent days.
2517

Is that why Bown is sending the Ark Royal to bring in a few more votes before the election!

Still no plunge yet for the DOW cynic..

so i noticed! .... suffering a bit of bruising, but no matter; shall stay short at least for now

cynic don't you have a stop loss position?

yes; a pair of eyes

if i'm not careful, these positions will be back in the money!
shame i didn't get the entry timing quite right

bet you didn't get your entry point wrong with yr missus.....all those years ago..:))

Cynic - Dont hold your breath just yet :o)

almost sorry to see these short positions in the money, but this sell-off is long overdue ...... having also been pulling other money off the table

Long Indices

for obvious reasons, i think that's a brave call

Keaydian - Good trading!

Ta CC.

Longs closed.