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

rather missed the longboat (hahaha!) as dow now +90 and more

Eurogroup teleconference Wednesday 11:30am, to discuss state of play #Greece

c 18021 down a bit now :-)

dining on really fine fish so haven't given the market any thought at all
so where from here?

it sounds that tsipras is now shitting himself, as imf/ecb/eu have no need at all to hold out a helping hand .... that being so, i think an awful lot of civil servants won't get paid which will scarcely win any "no" votes

a "yes" majority now looks have a good chance, and if that happens, there'll certainly be a serious surge ..... but fairly short-lived as that in itself will not settle anything, with all the ramifications that implies

my guess therefore, is that the next 3 days trading will be fairly muted for volume, but some hefty swings still on the cards as voting indications and forecasts are published

the fish sounds so good that i expect an aperitif was not required?

too many aperitifs and post-prandials for you tonight i fear :-)

IMF communications director Gerry Rice says :

"I confirm that the [Special Drawing Rights] SDR 1.2bn repayment (about €1.5bn) due by Greece to the IMF today has not been received.

"We have informed our Executive Board that Greece is now in arrears and can only receive IMF financing once the arrears are cleared.

"I can also confirm that the IMF received a request today from the Greek authorities for an extension of Greece's repayment obligation that fell due today, which will go to the IMF's Executive Board in due course."

ha ha lol the 18026 mrc - that is always quite possible ;

is this the long and the short of it? lol

A bit of respite before weekend!!!

18019 looks to have been quite a good prediction, but it's always much easier when no money at risk

Is that right Tsipras now recommending a yes vote on sunday?
2517

tsipras brings a variation to the old adage about broker recommendations ......
when tsipras says yes he means no and when he says no he means i didn't really mean that

==============

safest to be neutral o'night

yep - tsipras is a space cadet - that's for sure - off the radar! :-)

plenty of volatility between now and sunday

made a very quick few shillings before breakfast, but if i have any sense (questionable), then i'll steer clear for the rest of the day

ha ha good to hear it - yep made a bit too today - going cautiously for the moment - agreed ref the sense :-)))) lol and ditto for myself!

Closed off for weekend. No point with Wall Street having the day off for Independence. Anyone taking a position going into close for Mondays open?

not bloody likely!
there'll be more than enough opportunity to lose money once the market re-opens!

ha ha lol - i might but then again i have 2 pencils stuck up my nose and a pair of underpants on my head!! LOL

https://www.youtube.com/watch?v=G2DCExerOsA

market today is a bit meaningless, but nevertheless worth taking note that FTSE has just slipped south through 6600

IG sunday indices will make interesting viewing!