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

well i have rashly opened small longs in both FTSE (6814) and DOW (18172)

cynic's 17892 - i obviously closed @ 7800 :-)))))))))))))))) - only joking of course nearly choked on my coffee when i saw that 'increase'

aside from that pretty good day as expected

i had a good day too, so also no complaints :-)

Cynic - I happen to be short from 6814 - but won't hang around if it goes against me.

certainly it could all go either way even now, but my inclination remains that a deal with the grease will be done, and if so, shorting will not be the right call

I'm guessing you mean Greece (unless a pun is intended) - but I think it will drag on for a few days (minimum) - which may (or not) mean the market drifts?!

not sure which way the markets will go, but quite possibly gyrate madly at times depending on the news coming out and perception of progress or otherwise

north then sideways likely today - low hanging fruit day ;

discipline needed to avoid greed
though a skeleton agreement may be agreed, there's plenty of time for some frights before everything is finalised

DOW has limped back through 18,170 so let's see if it can hold that through to the close

A bit of profit taking over next couple of days?

cynic 17909 - ref greed - absolutely - the quickest way to lose a profit can be to be too greedy ;

satisfactory day's trading today here and elsewhere :-)

No trades on Tuesday. Long term FTSE 100 at the same level as 1999. Hard to believe with 16 years inflation compounded.

I digress though.

markets have suddenly softened quite a bit
anyone know of any scary news re greece or similar that has just come out?

No but i put a short on the FTSE just now and closed it again ,it's not going along with the DAX and DOW.

Telegraph reporting creditors did not accept latest Greek proposals.

here's the clue - from FT ......

Tsipras flies to Brussels to salvage deal
Greek compromise offer faces calls by creditors for significant revisions

http://www.theguardian.com/business/live/2015/jun/24/greek-crisis-eurogroup-meeting-tsipras-backlash-live#block-558a7c73e4b024f829c5d0ed

fantastic day so far - heard some whispers will update if i can firm them...................
gla

i suppose if you're really concentrating hard, there's money to be made, but the range has actually been pretty tight