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

its the march quarter or as some might say the spring equinox, so might be a good time for a low or high reversal to set in. as always things are not always so clear or cut and dry,today seems to have muddied the waters. another couple of down days would have been good for a potential equinox reversal from the low. however looking at it from a weekly perspective might help clarify. not sure how but i suppose a break below this weeks low would be ultra significant.thats my chartist viewpoint. could be wrong so please dyor.
regards and good luck to all
jkd
ps this theoram if that is what it is, seems to apply also to many individual,but not all, stocks, so why not check back on all your holdings?
good luck.

Happy to have shorted HMV before close Thursday.

Just to look at the problems the market has, coming up to 9am a company such as WLF which you can hardly call a tiddler has a trading volume of .... 0

WLF daily volume only averages 181k, so in that respect it most certainly is a minnow

The volumes are low only since the credit crunch.

Nevertheless, only 5438 so far.

a very good end to what was a very scary week, and to my amazement i find that in that time, i only lost a minimal amount, though it was very nastily larger between times

wee shortypoos @ 12,190.2

looks promising for tomorrow after a decent showing on dow followed by excellent figures from intel after hours

Spot on, Cynic - though I wasn't geared up to take advantage of the rise

you need to go to EOG thread methinks lol!

Big after hours rise on Ftse & Dow ?

Apple!

all very dull and dreary again, though is suspect little volume ..... having opened brightly, ftse is now -36 at 5947, which is vaguely important being below 6000

i suppose we may see some more life once the roi announcement is out and the AV result known - local elections are almost certain to be horrid for tories and lib dems, though my own view is that it was absolutely correct to take hard and fast action to reduce the awful financial mess bequeathed by labour

for myself, at least MRW, BLNX and BAO are performing brightly today

BOE no change.

more bad news from over the pond .....
Number of people filing first-time unemployment claims surges to 474,000 in the latest week, the highest total in 8 months, U.S. says

Tis obvious something has been on the cards for weeks.

Nearly all AIM stocks are having the squeeze put on them similar to the period March 07 to when the subprime news broke in Sept 07. Indeed most stocks are now at best stationary or slipping down. There are exceptions of course but I suspect (and I hope I'm wrong) we have peaked and are slipping away to around the 4800 level

markets are AOTFS (all over the fucking shop!) with Dow currently only down 29 after more than 60

Yes I did understand what you meant!

lol

Are you allowed to AOTFS on here ! :-)

whether you can or not, he has ..