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

poxy markets!
should have banked that reasonable DOW profit when it was available ..... never mind; i dare say it will occur again (before i die!)

I wonder if it is just short term trading which is moving the indices at the moment. No one seems interested in anything else the markets have to offer except instant profit. The trend is still down, so for you guys trading the FTSE or DOW isn't a short trade safer than long?

yes and no :-)

though i still have a long running from 16,132 (it should come right in due course), i've just pocketed 43 points from another long - bought at 15,997 and sold at 16,040
it's not big beans, but very welcome

i just get the feeling that there ought to be a decent bounce - other than from 15,900 last night :-) - which of course is not unusual even in a sustained bear market

US fell over again

all rather nasty ..... had hoped that DOW would at least close above 16,000 and did not have the balls to buy when it briefly hit 15,900 either

300 points swing.

i think (or at least hope) that there'll be better news from F/E o'night which will boost the markets here .... but i'm not prepared to take the risk with money

FTSE 100 is fast approaching 50% Fib for those who like that sort of thing . Also lines up with support back from 2012.

Mayhem again !!!

murderous!
i see that WTI is now $28.30

Seriously it is starting to feel like 2008 all over again but nothing as major has happened .

i agree ..... a couple of months back, the markets twitched through fear of a rate rise in usa ..... now its fear that they won't!

absolute bedlam and best to do nothing i am sure
looking at a quick chart, DOW OUGHT to hold around 15,600 but it's brave man to bet on it

Are we ın Recessıon already?

Too much too soon, but I wont argue wıth ıt.

Tempting to jump on the gold band wagon, bet your life as soon as i go long gold Indices will jump, murphys law. I have't got a clue but if past performance is anything to go by in bear markets there will be a bounce at some point which lulls you into a false sense of security before tanking again. Trend is your friend till it isn't.

your "mate" sticky says he has made a good fist of trading gold in the last couple of days, and certainly if he did indeed call it right, he will have done
however, i would agree that today's armageddon is almost certainly overdone, and thus i'ld guess the immediate run for gold may also run its course

that said, i have never traded physical gold - sticky rates CEY as a gold stock though i don't care for it - nor forex

cynic - His credibility is legendary LOL!!!

CEY, FRES & RRS have all done very well over the last two weeks.

yes, he does like to call that he never makes a cock-up ..... rather like MRSI (mentor)!
that said, he does come up with some interesting stuff

mentor has not been seen since he called everyone an idiot for doubting his penny stock picks that fell by 50% .

I read somewhere last week that we could possibly go down to 5400.