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

-25pts at the moment, so see how it goes, I do favour the downside though, support has been trully tested over the last week.

even if the 12900/13000 support is broken purely on inexplicable knee-jerk, i think that will merely present a buying opportunity (long)

And out for now @ 13,155.5 + 21. Back to bed working tonight.

Well done Chris, a swing back the other way now would be nice.. I'm expecting volatility so a good chance of making something.

Tough call today chaps - going to spin my coin shortly!

Hmmmm - God help us (the markets) if 'Mitt' wins!

Debating opening another short position

I've had a small one @80, but reluctant to get too involved yet - CAD PMI @3, but all eyes on the results now I guess.

short seems the best idea at the moment in case there is a "hung" poll as there was a few years back.

i suggest do nothing!

13184 second short position opened

CAD Ivey PMI 58.3 consensus 58.3 previous 60.4

do nothing not really exciting, is it

I know there aren't many yield seekers here, but RSL is on fire today currently +8.4% and with a yield of nearly 8%.

Already hold resolution equity in my ISA... Not a bad stock for yield, cover alright too.

Cool or resigned?

Romney Continues Campaigning, Obama Plans B-Ball Game

cool, there is slightly chance for success..shorted ftse 5880 for presenting similar too.may be massively wrong too..lol

Obama is superstitious.

Romney better for US business, Obama better for the rest of the world?

Cheers,
KidA

Only got very small bets on tonights positions, currently average 13158.2

11:08 EST - Anthony Lazzara, co-founder of Calif-based asset management firm Lido Isle Advisors, says his biggest concern isn't about who wins the election, but that no outcome emerges tonight and it takes weeks to figure out who won. "That is a scary situation because the end-of-the-year fiscal situation needs to be addressed," he says. "I feel traders are just waiting for the election to get over to get a feel if they are going to raise the debt ceiling in time -- the risk is the election results drag on and shortens the runway for a fiscal solution." Because focus centers on how the cliff gets resolved, Lazzara says he's not staying late to monitor the election results. "Although I think there may be bursts of volatility I think the volume will be very low and not warrant the risk."