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

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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!

-132 at the open of FTSE? Not too bad considering DOW performance. Down 1.5% - 2.5% in the Far East. We shall see.

-90 at present

lol now that's confused everyone!

Just going +ve

Suckers rally?

GRG down 6% on figures - I can't get hold of the statement as yet!!

all nasty stuff now early buying has evaporated ...... presume bears out in force and ftse now down 200 and dow also starting to fall again

they say indexes entering bear maket.. fear is a powerful tool.. its like the world could get worst by 20% in a few days..nonsense

yes but perhaps the world was overpriced by 20% t!

There are some very good yields now available - for the brave!

VOD for example, but that too has not escaped

Even BT.A which goes ex-divi tomorrow.

Yes - looking at that one again - bought some more RSA this morning - also ex tomorrow.

RBS 5 bob a share.

Guys and Dolls.....AFR might be worth a punt.....even if it drops further, a rebound above what it is today has to be in the running....