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

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!!

Dow well up, good day for the FTSE tomorrow?

Hope so but does not always follow, if DOW futures pulls back Tuesday it will FTSE big gain.

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Hoping for a good september. DOW in positive territory for this afternoon.

i'm very glad i have been away and thus not tempted by itchy fingers ..... objectively, i feel we should be very wary indeed of this current bounce

Every end of month or beginning it's the same.....rockets up only to come back a bit later.....the trend might be turning blue but there is no way we are going to have 100 points plus every day....just not on...

Low of the month (from memory) was 4791.

ISM manufacturing figures better than expected.

would guess heavy down day on wall street tomorrow with profit taking after recent strong rises and start of labour day hol, but am pretty sure i shan't bet on that

All depends on USA job report Friday.

A Labor Department report tomorrow may show payrolls climbed by 65,000 in August following a 117,000 increase in July, according to the median forecast of economists surveyed by Bloomberg News.

Looks like the FTSE will open down 70 points Friday

Yep, non-farm payrolls. Make or break for friday p.m.

am i not right in thinking that +65k is pretty grim, though obviously better than a fall?

The consensus is for 75k v 117k last time.