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

Huge drop on the Dax for some reason, down about 4% at one point, but now off lows.

All down to Ben B as to which way we are headed this afternoon then? Not much point buying anything until we know which way the market is heading.

I doubt there will be any QE not much Ben 10 can do while the fear factor is winning.

Irene doesn't seem to have much influence on WTI.....no oil installations in its path probably....insurers might take a knock on landfall....

Isn't Ben making a speech today? Anyone know what time?

3pm our time.

He does not have many tools left in the box. Most of them are in the senate.

Bigger audience than when god handed down the ten commandments.



9 FOR ME

Come on BB.

lol

Bye Bye DOW - 220

Nothing given tank tank tank happy to be short today.

Nothing given tank tank tank happy to be short today.

double size positions too Bernard! :-)

Bernie Dow +65 hope you saved your shirt.

Got out of my shorts after the spike down at 15.00 hrs. What a fantastic day. Lobster dinner tonight.

Not so fantastic for the lobster though!

It will be screaming with laughter.

It will be screaming with laughter.

In stereo.......all round Bernards tonight!!