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

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

Well that's it then sorted. lol.

Greece is the word!

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i'm out effectively all day today so have banked the decent profit i made on my dow/ftse shorts ....... sooner or later there will be some decent bottom fishing and there will be a sharp rally, though it's likely to be short-lived

Temporary short selling bans imposed after a dramatic sell off in global markets during the summer have been extended in Belgium, France, Italy and Spain.

The extensions are made while the eurozone debt crisis grips market commentary and European officials scramble to buy time before a Greek default by boosting the leveraging power of the EFSF from 440 billion to some 2 trillion, among other measures according to various media reports.

Italy and France extended the short selling ban until 11 November, with the French regulator, AMF, stating that it "will continue to monitor, in coordination with the European regulators concerned, the markets and their developments. [The AMF] may decide to lift the ban if market conditions allow it".

Belgium extended its ban indefinitely. Bloomberg reports the Spanish regulator confirming the ban will remain in place until the market conditions allow it to be lifted. Greece has extended its ban on short selling until 9 December.

Many market participants, frustrated by fragmentation of rules across European nations, question the wisdom of such bans, pointing to research suggesting the move reduces liquidity during times of stress and does little to achieve price stability.