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

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.

well that was some resistance. what do i know?

Told you, shorters have it today and further big falls when the fools open at 14.30

Easy money.

Well. my stockwatch list is 100% in the red.....never seen that before except for Griffin Mining where there is no change....who in my opinion look a certain target for a takeover at some point....

I have some blue VOD HFD SHRS and IRV - but for how long.

Now they're in the red as well....was it something I said ?......dire to say the least, out there....

There will be a bounce but doubt it will be on a Friday with all the bad news.

I bought some Booker @ 69.75 today well oversold as it is being dragged down with the FTSE falls.

Also got a shed load of SMDR @ 175.60 way oversold.

think i am very glad i liquidated everything on thursday

.

Good Call Mr.C but some very cheap stuff to put away for the future, there will be a bounce up when most of the bad news calms down, and Greese are allowed to default and thrown out of the EU.

Looks like wednesday will be the crucial day for data from the U.S. Crude oil inventories, durable goods orders & speech from Ben B on state of the U.S. economy.
Hopefully, monday & tuesday will be 'recoup losses' days for me!

Not looking too bad for next week?