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

How did it go, skinny? ;o)

Er - not well!

Bloody Hell - DOW up nearly 500 points & Spurs losing to 10 greeks!!! Can't be many surprises left in life, surely!?

MANU 1 Crystal Palace 2 LOL Where's that gobshite Bernard :O)

Can't believe the FTSE is down after such a stonking day yesterday from the DOW. British reserve and modesty I assume?

Manufacturing PMI 47.6 consensus 47.1.

Bank of England governor has warned of possible break up of eurozone. Told banks to not pay bonuses and hang on to cash. More storms on the way. Very serious.

Spreading round the world now.

Presumably this is the make or break week for the Euro? A positive resolution from Angela & friends (or maybe that should be subordinates) should see a mighty bounce up in world markets. Some of my stocks mught even get back into profit!! Conversely................doom & gloom.

FTSE 100 'could fall to 4,700'



{ Rachel Cooper, 20:32, Monday 5 December 2011

Mounting hopes that European leaders are nearing a resolution to the eurozone debt crisis has sparked a spike in shattered markets, but Goldman Sachs (NYSE: GS - news) strategists warned that a tough few months could lie ahead for the FTSE 100 (Euronext: VFTSE.NX - news) .

The benchmark index clinched its biggest weekly rise in almost three years on Friday, but the broker said that it expected equities to fall over the next three months and recover "at some point" in the second half of next year.

Within three months, Goldman believes that the blue-chips could sink to 4,700 before climbing back to 5,400 within six months' time and rallying to 5,800 by the end of 2012.

dreamcatcher,
Can you tell us your current positons? Do you have your shorts still open?

Halifax HPI -0.9%

what is HPI?

House Price Index - released by the Halifax.

Thanks. I think Nationwide's is more important.

Yes - but they weren't released today :-)

This link is quite useful for upcoming statements.

The cascade effect :-)

What period is that over Skinny?

1 day - quite a battle at 5,000 atm.

I thank you -):