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

I've just taken a long position in GKP, no doubt the kurds now have the upper hand in negotiations and oil exports... Will the rest of the world get involved, I wouldn't have thought so until agreements have been signed... This is the way things get done when there's oil being pumped but not being exported due to red tape. Eyes are now on Iraqs government to cut through the oil exports red tape before govenment officials lose more than their jobs.

Closed GBP/EUR @ 1.24819 @+207

No comments on luck!

Does that pay 20.7 times your stake? I ask as thats what I get no CI

Its so much a point so @£10 a point, that netted £207 etc.

Watching MAB for a test of 380 - the latest acquisition doesn't seem to be too well liked.

KCOM yesterday is going well - up by 2/3rds of the dividend.

Iran vows to defend Iraq Shi'ite sites; insurgents battle for refinery

(Reuters) - Sunni rebels battled their way into the biggest oil refinery in Iraq on Wednesday, and the president of neighbouring Iran raised the prospect of intervening in a sectarian war that threatens to sweep across Middle East frontiers.

Hmmmm

Short FTSE @6,826.3.

Any news on what the Dow's going to open up at today chaps, up or down?

Yes.






Currently offered @16,916.6 - 16,920.4

Cheers Skinny.

17000 looking like its a real possibility right now...

Whats this weeks FTSE divi Skinny, I think I've already covered it and more on todays trading.. :-)

1 big one!

Thanks Skinny, just found this also;

LONDON, June 23 (Reuters) - The following FTSE 100 companies will go
ex-dividend on Wednesday, after which investors will no longer qualify for the
latest dividend payout.
According to Reuters calculations at current market prices, the effect of
the resulting adjustment to prices by market-makers would take 0.99 points off
the index.

COMPANY (RIC) DIVIDEND IMPACT
Experian 26.0 cents 0.60
Kingfisher 4.2 pence 0.39

Among FTSE 250 companies going ex-dividend are:

COMPANY (RIC) DIVIDEND
(pence)
Aveva Group 22.00
Electrocomponents 6.75
Mitie Group 6.10
PayPoint 23.90
Tate & Lyle 19.80
TR Property Investment 4.60

Don't forget KCOM @3.25p.

I'm not going to bother hedging, had a good day today. Besides I'm still holding Johnson Matthey my last hedge, its not looking very pretty right now...

.

16956 Wall St gone short.