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

I have a figure of zero.

Gold off the highs.

Back up on fear.

i guess this makes QE3 pretty much inevitable, so where next?

QE Band aid repair, fear rules and short is the way to go for me.

cynic - have a read of the article in post 6639.

Grim day for all, except shorters. Lets hope things improve when the U.S. opens on tuesday. Should have taken profit on my mining shares last week. Damn!

i would if i could but it seems to be a subscription site ...... what was the conclusion? ..... i cannot see QE3 being good for anything but a quick fillip followed by death

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got in there eventually ..... no firm view other than likely to happen

Looks like the DOW will be opening down 200 points Tuesday

doesn't necessarily follow ..... what you can see at present is traded futures to use a fairly loose term ..... it's not impossible that the fall will be felt to be overdone when US actually opens for biz - but it sure isn't a time to start being brave in either direction

That may be Mr.C but one thing for sure is it won't be opening up.

i'm afraid not, and everything starting to crash anew - not pretty at all

Looks like shorts have it today, some big shorters are making millions. Only thousands for me.

I used to hate shorting, and shorters but I have made more this year shorting than the last five years investing.

There is no particular bad news on the immediate horizon that I can see in the U.S. , so wouldn't be surprised if they buck the trend on tuesday and have a good day, hopefully pulling us up with them.

everyone will be very nervous indeed ahead BO's speech on thursday, and perhaps more importantly, the jobless numbers on friday, which i'ld guess will be dire yet again

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bernard - confess i lacked the balls to short earlier; wtfdik!

DOW futures -223!!! Looking grim.

already factored in in london i think ..... what everyone is waiting for with bated breath is to see if there is any recovery after the initial bad opening

Looks like another big fall today in the good old USA. LOL

that is/was inevitable after yesterday in london, but as i said above .....

Maybe who knows