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

The US has sat about to long and now are paying the price. Looking at the speech there are plenty of plans, why have they not been actioned. They are now going to be told what to do, whether they like it or not.
Tough luck you have a downgrade. Argue much longer and there will be another.

dow 605p at some point...just quick two things , first all republicans for putting their own games on top of well being of small people should get bullet.. .full stop.even i and many of us , on the other side of the globe and everywhere, have to pay for it now big time. bastards. second thing lets pray for bernakie tomorrow.i think market wait for the biggest one to step in.

i find myself watching in almost grotesque or even masochistic fascination, wondering if dow will finish below 10800 .... just over an hour ago i commented to Beloved that dow was down 400 ..... it's now +/-600

-632

Well we've had worse days.


can't remember when ...

The DOW has now been in the longest decline since 1978. All 2011 gains now gone.

The biggest single day point loss was 29th Sept 2008 (778 points) After the house
rejected the bank bail out.

we're all dooooommmmeeeddddd

Is Bernankes speech tomorrow?

His speech is not going to be good reading for the US.

Global economists have called on the European Central Bank to if necessary
purchase half the entire stock of Italian and Spanish debt.Also to start quantitive easing on a massive scale.

anyway it has to be something bolstering confidence , if not state tomerrow by fed then it will set a panic..btw economists from jp morgan, bnp paribas and goldman says bernakie and pack may maintain record stimulus by hold its 2.87 trillion ballance sheet steady for ~ extended period~..whatever that means...just bring it on...

One good thing to say, when the rebound comes it will be the mother of rebounds as the market is so over sold. Had to print some good news.

politicians by keeping things to the last minute and fail, put investers on the edge, now investors or big guys rather or market shakers finally bounce back taking market big time down and making gov to step in and pay for it now..f...mental.

I just hope this is the 2012 people have been talking about, come early and not the fact 2012 is going to be even worse.

early or not , just shoot Boehner.

.

http://www.bloomberg.com/news/2011-08-08/s-p-seen-surrendering-to-tea-party-at-expense-of-u-s-taxpayer.html

Glad to see your on here harry.....was just going to ask your mother if you were out looting in london!!

Scary looking VIX chart...



Not expecting much support from the Asian markets (massive selling going on now) so a bloodbath on the FTSE at opening seems quite likely.

Looks like cmc were showing UKX @4720 in the early hours!