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

SC: interesting to read about those female traders - there's hope for me yet then :)

So 1pm to 6pm, Thanks both.

Stan - 2:30 - 6pm our time!

Thanks Skinny.

GOVERNMENT AGREEMENT ON ENERGY POLICY SENDS CLEAR, DURABLE SIGNAL TO INVESTORS

The Government has reached a landmark agreement on energy policy that will deliver a clear, durable signal to investors, Edward Davey announced today.

CAD Core CPI m/m 0.3% consensus 0.2% previous 0.2%

walmart said in early November it was broadening its investigation regarding allegations of potential Foreign Corrupt Practices Act (FCPA) violations in Mexico to include India, China and Brazil.

corruption in those countries? .... isn't that just extraordinary - who would ever have thought it?

cynic they forgot to include UK (illegal payments to MOD officials springs to mind) and the rest of the world.

i'm not sure if us gov't or whoever it is, is naive or stupid or hypocritical - or perhaps all 3! ...... if you want to do biz in many regions, "commissions" are payable ..... you don't want to pay? .... fine, we'll give the biz to someone else

looks as though we may see some rock n roll from dow this afternoon :-))

sort of bugger - got stopped out of dow too early, limit up at 12930 but as i have a long ftse running, so real prob .... shall now watch to see whether or not dow can hold above 12940

http://rt16.it-finance.com/FinSpreadsFlash/showimage.phtml?id=9aab3ec8693f44957ed23dca6126675a945f120e926794c7c01de024a237b6ff&type=png

Wall St Daily with support and resistance, looks like the old bullish channel broken back in July is coming back into play as marked. However note this pullback could be nothing more than a correction as the newer July / August bear channel is still active and supported by moving average crosses.

http://rt16.it-finance.com/FinSpreadsFlash/showimage.phtml?id=329cface8c0544b606f23f01067e60c6c9467a1d2c447134603c198009c2e7e3&type=png

Wall St 2 Hr Chart above shows we're into overbought territory just above resistance, wise call Cynic to see if its going to hold...

cynic im long dow . left it late to enter because
a i dont like to trade on a friday usually .. and
b i was worried about the intraday gap down at circa 12871
in fact i still am worried about that so have banked half at small profit and am running balance with tight stop loss
regards
jkd

12940 is certainly an important marker, so it was always going to be prudent to set a limit a little below ...... dow has limped up to 12950 or so and has now weakened slightly but still holding 12940 ..... unfortunately today is going to be exceptionally quiet and of course it's a short trading day too, so no sensible conclusions can be drawn - but promising nevertheless

Closed a Gold long @ 1751.5 + 275 Monday is another day. Got a pint of Tennants Lager with my name on it. Superb day today. Have a good weekend all :O)

Out for a steak and beer as well, have a good one Chris.

bought back into dow at 12967 though only lightly ...... ii haven't checked, but 13005 rings a bell as next hurdle, though it may have moved a bit since

i can see why you bought at that level cynic . well done.
i thought about it but decided not to. going to play safe and defend what i already hold
as best i can for time being. good luck.
regards
jkd

and out again at 13007 ..... IG still quoting cash dow although market closed at 18:00 ..... only a small profit with that last little venture, but not to be scoffed at; at least it will pay for a VERY good meal (for one!) albeit only without wine at the Waterside!