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 10,589 as the intraday low for the DOW on the 9th August - tonight?

Doubt it will go that low Skinny my guess it will close around 10840 - 10880 but who knows there may even be a bounce Friday looks oversold to me.

"Do you have faith in the Fed" seems to be the#1 question over in crazy land, are there enough expletives in the world to answer that one. :O)

if you can separate politics from "actual" economic performance then you can see the way forward.

Glad to see you are still with us halifax

Bernard - its @10,750 now!

On edit - sorry you mean close!

impetus below 10700 is a real fear and one to watch

When FTSE drops below 5000 Friday watch the fallout, bloodbath on the cards. Happy im a shorter.

dow now 10600, so armageddon potential

FTSE futures 4997 financial meltdown Friday

4850 is apparently a key ftse number ..... cash ftse currently 5018

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dow closing at about 10730 with ftse cash at about 5055

Dow close 10717 FTSE Futures close 5061

Got to love these analysts on CNBC, crack me up. Successful retest, BUY BUY BUY, Still further to go SELL SELL SELL. Marvelous! Jim Cramer for President, Rick Santelli is my favourite his rants are something else. Does anybody really listen to these people, great television for manic depressants :O)

I see Jean-Claude Van Damme speaks this evening.

Drinking a bottle of Coors Lite I hope? ;o)

hi guys, new to the boards..back day trading after a lengthy lay off. still trying to understand charting? but the dow has a sell signal from 7 day moving average to 50-100 day macd oscillator on www.barchart.com. short medium and long term 100% sell. altho in this volatile market, who knows. our american friends are capable of anything.. :-)

Is he coming out of the closit.

JCV

Those were the days.

Get your shorts on now for todays one way trip.

just closed short for 92 points on dow. might see some resistance on ftse at 5000.