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

a reasonable call, but watch Dow if it gets to 12940 as that could easily trigger some fairly heavy profit taking (shorting) which will spill over to ftse

12940 ! my lord! its a huge number!.. this is not going that high... i think us market tops yesterday.. vix is oversold below 20 for too long.. market is loosing buyers

5751.9 :-))

interesting thoughts dow cynic 12668.25 fine with me

tomasz - no it's not; it's a rise of <300 points

You boys near london need some cheap fuel???.,. diesel but only in red :))

my tart's car doesn't run on diesel!

What about the wife's??

red diesel - i might change balerboy to del boy!! you dont run around in a clapped out yellow 3 wheeler do you? i can supply some water damaged umbrellas if any use to you?? :-))))

http://www.google.co.uk/imgres?imgurl=http://www.liftruck.co.uk/images/oldcars/reliant-del-boy-trotter-van.jpg&imgrefurl=http://www.liftruck.co.uk/reliant-supervan-mk111.htm&h=480&w=640&sz=88&tbnid=js-ouOerW-mbNM:&tbnh=90&tbnw=120&prev=/search%3Fq%3Ddel%2Bboy%2Btrotter%26tbm%3Disch%26tbo%3Du&zoom=1&q=del+boy+trotter&docid=KRoa1sZDGH_s8M&hl=en&sa=X&ei=FyEfT9qwMJOf8gO51qGTDg&sqi=2&ved=0CEIQ9QEwBA&dur=125

have a good evening all

nor Beloved's mini cooper!

more importantly, AAPL has stampeded after hours on their results (glad i hold those) and that will assuredly be good for london tomorrow

and caused ftse to pop up 25 point too... but its getting down.. Apple's great but unfortunately these days economies are not just Apple...

Whats a bit of colour between friends.,.

GDP two times slower than forecast, not good.. ftse nice dive..i'll pick up temporary for apple later..

was expecting bit of bounce up for the us open to short more but this is just falling.. maybe fed speach could bring a bit of positive dillusion...

Yes spooky FTSE was just on 5,700 and DOW 12,600.

US Pending Home Sales m/m -3.5% v consensus -0.6% previous 7.3%

ftse bounce up on fed so just added to short 5720, cant see more ...

well i see now..5750....nuts..bottom line to keep that low rates for that long time is exposing tons of trouble ahead to need to keep that long and low...market nuts

CBI realised sales -22 v consensus -2 previous 9

I'm confused, market going up in a recession?