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

you're right hilary, though it's hard to determine to where it is likely to fall .... for sure there will be a lot of forced selling, but with ftse already -145 or thereabouts, it would be a brave move to now open a short position - or a long one for that matter!

Unless the new witch wardrobe is skimpy bikini, cool shades, long legs that go right up to her b** then get ch***y....... never gave it a thought hilary....:))

I enjoy my food more nowadays, Balerboy.



But I've still got my collection of skimpy bikinis.

:o)

LOL......high 5....just how i imagined......not!!

Hi there,

below is the latest FTSE video update and ideal low for May 25th 2020

http://www.youtube.com/watch?v=G64CXNgL-UM

the very very brave may think a decent bounce will occur later today, and they may well be right

or the very foolish!

Well I've been long for the last half hour or so.

Hils - I'm still short from yesterday morning, but looking to close @60 - picked up some AV. @293 earlier.

I'll dump it if it dips below 4920, Skinners. That's futs btw.

Going long again, Skinners.

hilary - do you also play with dow? ..... if so, the there is a support (allegedly!) at 9850

cynic - its about there now.

Ok Hils - out @39 (for now) +159

exactly so skinny and am modestly tempted for a small (skinny!)dip

:-) I've gone long @43 - stop @20

Dumped mine again a few minutes ago, skinners.

Cynic,

No, I don't trade the Dow. I've actually reduced my number of screens, and I don't really want to start adding to them again.

good/terrific turnaround on dow, and with 30 minutes to go, and it could even end in positive territory which would augur very well for london tomorrow .... nevertheless, to say the markets (will) remain twitchy, is an understatement

Blimey!! Went long UKX @ 4930 and just covered some of it, having just checked in, +123. Leaving the rest for now with a high stop. Also long INDU from 10031 earlier. This is one fun market atm. Not into longer term Index positions, though happy to leave some less liquid and beaten down stocks in open positions for at least a few weeks. Could be a bright blue day all round tomorrow.... :-)