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

No dreamcatcher it was skinny that predicted 1100.

CC only asked a question

Chris Carson - 26 Sep 2011 17:58 - 6819 of 6831
Bernard buy a pair of reading glasses with your winnings and read post 6805 again. It was a question not a forecast

I'll post my address later - :-) you boys !

Sorry, well done skinny.

and it's currently (after close) 11057/63

Finally Bernard you choose to read a post correctly. Typical arrogant, smug, glory hunting Man U fan. Swivel on it :O)

German turmoil over EU bail-outs as top judge calls for referendum


Dont get to excited.


Ambrose Evans-Pritchard, 21:04, Monday 26 September 2011

Germany's top judge has issued a blunt warning that no further fiscal powers may be surrendered to Europe (Chicago Options: ^REURTRUSD - news) without a new constitution and a popular referendum, vastly complicating plans to boost the EU's rescue machinery to 2 trillion (1.7 trillion).

11,053 good night :-)

interesting day ahead

Bernard - I hope you didn't lose too much.

Bernard M - 26 Sep 2011 17:53 - 6818 of 6840

Looks like your 1100 prediction for the DOW is faltering thanks for the tip i have shorted it. In profit now, owe you a drink.

Just been stopped @11,130.

Well Done skinny, great call.

Bought Vedanta yesterday hope it breaks its losing falls today well oversold imho

I have Shorted FTSE Futures this morning @ 5230 fingers crossed.

Cheers Chris.

Bernard - good luck it makes sense, but who knows in this market.

i think one can make money short or long on the indices at the moment so long as one doesn't get greedy

Agree Mr.C but more chance going short ATM

?

Wow looks like my buy yesterday on Vedanta was well placed up nearly 10% this morning

Blimey - another hundred on the DOW from my stop - currently 11,241/46.

Well done skinny

Thanks Bernard - when those crazy yanks go on one, they don't mess about.