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 sign of the economy there - CC's store is based in a heavy ex-pat enclave

China revises up 2011 GDP growth to 9.3 pct from 9.2 pct
http://uk.finance.yahoo.com/news/china-revises-2011-gdp-growth-071447003.html

EUR German 10-y Bond Auction 1.42|1.1 previous 1.42|1.8

GBP 30-y Bond Auction 2.95|1.5 previous 3.22|2.2

Japan stresses cost of ending nuclear power as decision looms

TOKYO | Wed Sep 5, 2012 11:13am BST
(Reuters) - Japan's government, buffeted by conflicting pressure from anti-nuclear voters and pro-nuclear business interests, is stressing the negative impact of a speedy exit from atomic energy as it nears a decision on a new energy mix.

Japan is rethinking its whole energy policy after an earthquake and tsunami damaged the Fukushima nuclear power plant in March last year, triggering the world's worst nuclear crisis in 25 years.

GBP Halifax HPI m/m -0.4% consensus 0.3% previous -0.6%

cash dow = :-))

+/-13000 looking to have been a good call ...... a solid break back above 13200 will have me leaping around like MrP = a demented rabbit in heat!

EUR French 10-y Bond Auction 2.21|2.1 previous 2.53|1.9

German Factory Orders m/m 0.5% consensus 0.3% previous -1.6%

USD ADP Non-Farm Employment Change 201K consensus 142K previous 163K

USD Unemployment Claims 365K consensus 369K previous 374K

Draghi unveils bond buying plan - Link

Mario Draghi, president of the European Central Bank, has unveiled details of a new bond-buying plan aimed at easing the eurozone's debt crisis.

He said the scheme would provide a "fully effective backstop" and that the euro was "irreversible".

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the demented rabbit on heat is cavorting around the office!!!

Just closed small DOW +154 - almost a point a minute.

depending on your risk aversion or similar, there is a good call that says to let it run ...... 13005 was one kick-off point, 13200 was (is?) a modest resistance, 13870 is the next target ..... obviously that will not be reached tomorrow, but bear it and the other levels in mind

Nasdaq at a 12 year high.


DOW at year high.

S&P at 4 and half year high.

Oh and then there's the FTSE!

GBP Manufacturing Production m/m 3.2% consensus 2.1% previous -2.9%

GBP PPI Input m/m 2.0% consensus 1.6% previous 1.3%

have sold 1/2 my dow position for a very juicy profit as it was a bit too heavy ...... have also removed a slab of cash from my "broker's account" to stop it burning a hole in my pocket

Well Done Cynic.
Have a nice time in Dubai.