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

long Dow @ 9,909 over the w/end

was stopped out -11, but back in @ 9895 and out by limit @ 9961.
Just bought again @ 9844 and out almost immediately @ 9861 now long again @ 9838

I think you were briefly in the money first thing, splat, but very tricky to call the DOW atm. Seems a lot of screen gazing for minimal return. Loads of data out from the U.S. on friday so would expect some bad news then.

agreed Harry, but happy to hold on for now and have increased a little @ 9800. Stops in place

out some Dow @ 9877.

and more @ 9881

How are you getting on with your DOW long, Splat? All over the place. Was + then almost zero, now +130!

and has "lost" 40 of that o'night ..... mildly positive start for london but not sure it will hold

covered the rest +60 before the market open yesterday and reopened at 9799 before our close. That is also now covered +100. A separate UKX long from 5,000 also covered yesterday evening +41. No index positions open atm Harry.

5000 hit

went long @ 5017 on the way back up and just closed out now +40. Sorry couldn't post trade as it was by phone. Will be looking to long retracements

i was long dow but closed it at a modest profit when futures looked more likely to keep dropping

long UKX @ 5013

fingers x'ed 4 u .... last i heard before i went out to dinner here (dubai) was dow +110 ..... it really is bad news when it then collapses again

Unbelievable swing on the DOW today. I thought Ben Bernanke had brought about that 'feel good factor' & then the whole thing goes t*ts up! Out of my comfort zone to trade the indices. Just happy to watch & learn.

covered some UKX @ 5038

out more UKX +29

out far too early, again, but short earlier @ 5141 and out by limit +31
watching quite carefully, as klal has posted on the Traders' Thread, there is an interesting and very clear channel for the FTSE 100 atm. Looking forward to the breakout either way :)

Yes - I've just closed half my short @5093 +50. OCO on the rest!

nice one skinny, glad to know some one is thinking similarly :-)