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 suspect not ..... the disaster will be swept under the carpet somehow, though of course SG results will be worse than appalling

The Stock market has recovered...looks like it is just a correction.

that is a supreme optimist speaking .... imo, it is absolutely impossible that there will not be some more terrifying episodes ahead .... either that, or the downtrend will need to be decisively broken, which is assuredly not the case for now

Maybe recovering but not recovered, there has been /still is? some excellent value out there, imo.
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BNP Paribas have been rumoured with taking SG over before this fraud was announced, would guess the French would encourage this very soon.

Ford's figures not too bad ..... AT&T in line and strongish forecast ..... perhaps Dow will continue upwards

Like you i traded it last night cynic ,(i'm on a winning streak) ,i'm going for a bounce .

You be careful, make sure you land on your feet, not your astrakan coat. Ha! Ha!

I'm not a hippy George .

Jimmy b----------You may not be a hippy but if you're on a winning streak you must be happy, good luck.
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It'll probably end in tears.

Sorry to change the thread but do you guys ever have problems with the live price feeds on moneyam. I dont know if its the connection to singapore as I often loose the first and last 10 mins of the session. I didn't have any problem in dubai last week so want to make sure before i raise merry hell. Thanks

Caught the first bounce on the dow ,now it does'nt know where it is between + and minus , lost a small short on the FTSE ,too hard to call now.

stroreysj - There is a thread for that, titled 'Please report bugs & enhancements'.
Last couple of days have been pretty frantic, so maybe part of the problem.

reckon FTSE could be up again tomorrow ... watch for 5910 to be breached and held .... failure to do so could easily lead to a sharp reverse

You are getting our hopes up!!!
I think that I will take profits now, if & when, & then sit on cash for a while until I can figure out the safer stocks for a recession.

Rather than take profits set tight stop losses. the news flow seems to have turned, atleast in the short term. US housing inventories lower, US unemployment claims down, UK insolvencies lower, expected further interest rate cuts. I have no doubt there will be some bumps along the way but this rally might have a few legs left yet With many of the bears stopped out and needing to cover on wednesday, nothing as yet to make them return en masse. I like Cynic's optimistic, albeit cautious view. Heres to another fun day trading.

well said...:)

had long FTSE overnight (placed at 21:05 last night) and took nice profit first thing this morning ..... on doing so, went short DOW as reckon that is looking overheated - currently nicely in the money.

if anyone thinks we are now off into the sunny uplands once more, then he is likley to be in for a nasty shock and a cold bath

Cynic DJfuture up 70+ is it still going to be a down friday?