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

King Hell

Knowing the US it will finish up :-))

you wouldn't be able to jimmy - and i'm serious

9872 low

Shit where did I put those sleeping pills!

ravey :-) ........cynic i believe you.

Osama having a street fight with Obama and he was ahead on points but Obama's coming back in to it . It must be something llike that .

Job to understand all this.....

Latest rumor
Written by Jamie Coleman
May 6, 2010 at 19:44 GMT

Major US bank had an order to sell $15 mln of S&P e-mini contracts. Accidentally sold $15 bln

I went long INDU @ 10,043 and currently reasonably pleased :)

The biggest crisis yet perhaps (the end of the West?) ... and we are about to vote in a new leader.

Really sensible that. Irrespective of your politics, the last thing we need tomorrow is a new man at the helm. My instincts say there will be another election very soon as the markets tumble.

apparently Proctor and Gamble was trading around $60 when it suddenly started trading at $30

as its in the index, the index dived, triggered stop loss positions and bobs your uncle

originated out of the nasdaq system

reminds me of that story about the last train uphill being easier if empty and with no passengers or cargo.Toot! Toot! i could well be dislodged and dumped out tomorrow. i actually dont mind.just my own view and opinion.i am actually doing ok. glad i wasnt watching today.(thurs) shan't be watching Fri either.
regards
jkd

DOW down over 100 points again so far, with no particular reason that I can see. Looks like a friday sell-off with nervous traders following yesterday's debacle (Procter/Gamble).

Down another 100 points ...how about my shirt ?....

cynic Nymex hits $75 as predicted where to from here?

don't forget that a strong $ has an inverse effect of both oil and gold .... thus, in last week's(??) ROE terms, oil is still about $85 ..... leaving forex considerations aside, my own view is that $75/85 is now the "natural" level for oil, though i confess i have no logic to support that assertion

A dramatic fall in the Dow Jones industrial average appears to have been caused by a trader hitting the button for 'billion' not 'million'.

The Dow Jones fell by nearly 1,000 points, and the Nasdaq and New York Stock Exchange announced that all trades more than 60 per cent above or below market that occurred between 2.40pm and 3.00pm New York time would be cancelled.

A report on CNBC said that the problem came when a deal involving Proctor & Gamble shares was incorrectly entered.

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"We, along with the rest of the financial industry, are investigating to find the source of today's market volatility," Citigroup said in a statement. "At this point we have no evidence that Citi was involved in any erroneous transaction."

Proctor & Gamble shares fell by over a third on the day's trading.

"We don't know what caused it," said Procter & Gamble spokeswoman Jennifer Chelune. "We know that that was an electronic trade, and we're looking into it with Nasdaq and the other major electronic exchanges."

Great, does that mean I get some losses back?

K
only if you hung in there and didnt sell. then you get your losses back by virtue of default. i.e you didnt take them. for my part i did take some of them on friday.some were actual losses, others were losses of unrealised profits, i.e. smaller profits than may have otherwise been. such is the way.
regards
jkd
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