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

cynic yanks like to beat targets so 13000 will come .... and go.

have you been sucking on a lemon again hali?

13,000?

Public Sector Net Borrowing -7.8B v consensus -8.9B previous 10.8B

en route to little big horn?

Well you have been patient cynic, well done. Rising oil price?

hardly; i took my initial short only a few days ago and have now added to it ...... i think the market looks toppy and certainly my chartist guru reckons it is time to short the dow too .... have also sold the balance of my aapl, though i am sure i shall buy back in there in due course; ditto goog

Perhaps patience was the wrong word then :O) Not sure I would have had the bottle to be short the Dow over the last weekend. Of course you are not there yet, but I do agree I think the indeces have to come down a bit to go higher hopefully.

Cynic - I posted the 13,000? as the DOW was looking above that level late Friday/Yesterday. Good luck with the short - it does all look very toppy.

cynic 13000 breached hope your shorts are not too hot!

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dow teases at 13000 but so far is unable to breach and hold ..... i'm happy to stay short and indeed have increased that yet again

cynic exactly as we predicted in 7897 keep building the spaceships!

i don't see either of us being correct at the moment!
will the spaceship beat the flying shuttle or vice versa?

apart from bailout nonsense..every rising 10 cents on oil cost US $1bil/month more -oil gone up some $10 this month alone...and rally mode on?...

glad to see my short is now in the money; not hugely but better than a poke in the eye with a sharp stick!

dont worry i got more like baseball bat in the knees..

do i take you were long then? .... if so, you are assuredly not alone here, for i felt a bit like cassandra

nope, i'm still short ukx , waaaaay behind, but still short.

a poke in the eye with a short straw ok to me