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

Don't tell me.........on a par with charts????? ;o)

Maybe they have a better crystal ball than others.

It could be worse just imagine if our government was led by Eddy Milliband lol. No hope for him ever becoming Prime Minister the tosspot is finished thank god.

Piece in the Evening Standard ,30 sept.
Our army of clairvoyant City analysts is proving to be as impeccably
briefed as ever.
On Monday,RBS scribblers advised their client to buy Man group at 227p,
a tip that followed Fridays advice by Singer Capital to wade in at 231p-
as well as the sage musing of number crunchers at Peel Hunt and Canacord,
who on sept 9 said buy at 216p.
Not that their views were particularly original as they followed Deutsche Bank's
nod a day earlier take the plunge at 229p, which merely mimicked the wisdom of
Numis Securities (add at 229p) Citigroup(buy at234p) and Morgan Stanley
(overweight at224p).
On wednesday, Man's shares crashes by 25% to 180p (which finally prompted a
couple of downgrades)
All involved are invited to defend themselves.
Silence will be treated as admission of guilt.

Very true. They have no more idea than us, led by their silly charts and forcasts. Those days are well gone, news drives stocks, and indices not moving average, flow, charts and all their nonsence.

As we near 14.30 and the USA open down goes the FTSE. Hang on and have your tin hat ready. Investors get out quick it's a bloodbath day today. Short is the way for me.

Is That it Bernard? When's the book out? :O)

Let's hear your take CC don't forget to read the charts before reply, or ask David Moynes lol.

Another nice few quid today for us shorters. Go on down the Dow.

Bernard - FWIW my take on the markets today same as you, regards brokers forecasts more of a hindrance than a help at times. It's your attitude towards charts that baffles me and your throw away line "Charts are Bollocks". Without looking at a chart how do you pick an entry point to buy or sell and then set a target? As regards technical analysis, attempting to learn it has helped me earn more money than otherwise. Simples. Who's David Moynes?

Charts are useless with the recent volatile markets

Looks like another big down day for the FTSE Tuesday

that's a bit of a sweeping statement and pretty dangerous .... that said, charts are not to be followed slavishly .... however, they are a very useful indicator if for no other reason than that a huge number of people and computer programmes are linked to them

4860 and 10700 are the key numbers to watch ..... if 10600 breaks then sell heavily

DOW at 10689 now what.

keep watching - bounced back to 10750

Just read about future meetings, can see this going on into the new year.

Greek economy stuck in recession, complicating fiscal drive - Reuters
ATHENS (Reuters) - Greece will remain trapped in recession next year, threatening the country's efforts to cut deficits and claw its way out of a debt crisis shaking the euro zone, budget figures showed


Greece is going to be an on going pain in the rear.

much blood tomorrow unless a miracle happens o'night

cynic, lend Greece a few bob or we could have a whip round.

hope you're short of at least the indices .... dow on the edge of the abyss at 10605 after hours

UBS down 7.7%

This goes to show you can never say Greece has been priced in.

Just wish it would get on with it and capitulate, at least then the only way is up.

George Osborne, the Chancellor, will urge the eurozone to move urgently on Greece and the EFSF when he arrives in Luxembourg for a meeting of all the EU's 27 finance minister on Tuesday. "The time to resolve the crisis is now