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

Swiss Franc falling nicely away now, looks undervalued to turn soon, anyone also watching GBP/CHF

Lot more reading, and its all doom and gloom in the states, quite surprised that it is holding this level, and to think two nights ago i bottled clicking the button as a short at 12570, gut and instincts come to mind...

gut and instinct is warning me that dow could go pop next week, it's held above 12200 well considering all the doom and gloom about. tempted to open short fairly small position with wide S/L and try and follow it down.

target 5300 on ftse

with Dow closing at 12350 and staying there after hours, its next direction is anyone's guess ..... in the very very short term, how F/E reacts may give some clue .... in the longer term, do not forget that the markets tend to look about 6 months forward, so if any recession is perceived as being not too deep or long-lived, the up-trend, supported from memory at 12200 or thereabouts, may continue .... nevertheless, volatility is almost guaranteed, giving a lot of opportunity to make (or lose) money

just noticed ..... Wall Street closed Monday

I've always been very nervous of trading but reading your comments I'm tempted to dip my toe in!! Buy and hold is a disaster at the moment nearly all my stocks are red. I've just ordered some books to educate myself on s/betting --that should keep me busy for a while.

be well warned that trading the indices requires much diligence

Wall Street closed Monday!!!! thats a bit ominous, the last time on 21st Jan markets misbehaved with FTSE down 323 points on the day. Until the cat returned to restore some order.

Am in agreement with Richard, that because the markets look forward, (near) recession is pretty well priced in, although still think any serious bad data, will have the dow tumbling one last time, before gaining some respectability.
In the same instance, the problem to watch in the future will be inflation, because if the americans are enticed back to borrowing lots more dosh this year, which is inevitable, there may be bigger problems ahead when interest rates have to go up sharply next year...

Come on scarebabies the slowdown in global economies will not manifest itself before 3rd quarter 2008 by which time it will become apparent that the doomsters have been proven to be just a bunch of scaremongers. It is very difficult to change a supertankers course all we need is a temporary speed reduction. Inflation is not to be feared but controlled this should not prove too difficult with the oil price likely to fall to $65/70 in the near term.

I read some books last year which gave accounts on how the media and investors re-act in a slow down, where the worst case scenaro is forecast by the media etc, and investors start to worry that this is the end of the western economy, should they move money to China, India, Brazil or Panama etc, etc, whatever. It's interesting seeing this play out now, some of the comments I read or hear are approaching fever pitch right now.

I intend to keep my head down and take advantage of volaility in some situation's, and try and slowly pick up some stock in good quality companies. I noticed Warren Buffett has dusted his cheque book off last week, and is starting to pick up some bargains.

Hi,all would agree with idea of BRICS and whether or not they can decouple
has anyone out there used or started to use EtF,s how do they compare to
spread bets / covered warrents bit mistified by their charges and seem to be
a vast range of them has anyone used particular issuer ie ishares or db any advice
on trading indicies v equities ... thanks

oil price likely to fall to $65/70 in the near term ..... remember that halifax, for it may well come back to haunt you ...meanwhile, i trust that to back your forecast, you have shorted crude heavily ... please confirm

Most certainly will when decline starts next month trust you still have your NRK short now it is being nationalised?

not for ages .... more to the point, wish i had shorted MPH having posted loud and clear what crap management it had and how it would come home to roost in due course .... sooner than expected it has to be said

Will NRK's shares be suspended tomorrow. The question of shareholder compensation has not been mentioned.

I read it will be suspended first thing tomorrow, and could take years for shareholders to get money back.

Dont think shareholders exist in a nationalisation scenario. NRK could be turned round quite quickly if their lending book is sold/run down and they dont have to pay the market rate for the funds injected by the government. However that assumes they dont have massive bad debts/defaults to provide for.

Dont think shareholders exist in a nationalisation scenario. NRK could be turned round quite quickly if their lending book is sold/run down and they dont have to pay the market rate for the funds injected by the government. However that assumes they dont have massive bad debts/defaults to provide for.

have taken a small short on th FTSE today at 5855. Still watching and learning

If the bank reporting season reveals no nasties, then the FTSE could well surge, guess we'll begin to find out from tomorrow. Good luck all.
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