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

brain must have been asleep .... should have shorted when dow dropped through 17,686 with a bit of momentum
now down to about 17,620 so watch 17,600 or recovery back towards 17,686

a dangerous dabble long at 17,605, but again, just a small position

cut my losses at 17,567 ....... silly billy and serves me right :-)
to all intents and purposes, gave back this morning's ill-gotten gains, though i see dow has continued further south

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within the last 15 mins, greece has submitted a new proposal, so i guess we're very slowly inching a way to some sort of fudge - sorry, new bailout

on that basis, have just gone gently long ftse at 6556 on the basis that the immediate downside is surely limited, or at least i very much hope so :-)

if i were braver (more foolhardy) would have taken a more aggressive stance and/or taken a long position on dow (17,544)

FTSE 100 taken off this morning. What to do?

well i dare say i shall be banking that very juicy o'night profit!

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just done so at 6652 and shall now wait for the euphoria to evaporate a bit

YUM! :-)

Closer ties between Athens and Moscow is likely to worry the US, which has stepped up its involvement in Greece's debt crisis

Greece has admitted for the first time it is planning a €2bn gas pipeline with Russia.

The move is likely to worry the US, which has stepped up its involvement in Greece's debt talks with international creditors over fears the cash-strapped country could drop out of the single currency and come under the influence of its Cold War rival.

Panayotis Lafazanis, Greece's energy minister, said the move would be a key part of the country's "multi-faceted" foreign policy and would create 20,000 jobs, the Financial Times reported

well done cynic on profit - also the latest greek proposal is swings & roundabouts prior to sunday...................

claret - peaks & troughs just need to get the right side - gl

dz - that pipeline news is relatively old ......

much more to the point, though greece was "forgiven" $107bn of debt in 2012 (i'm sure i have that story correct), as the situation now stands, the country cannot possibly ever repay the existing debt

if us is indeed getting seriously involved, then it would not surprise me if greece was "gifted" say a further $200bn through the backdoor - eg free funding for major infrastructure or similar

true ref the pipeline news but some are recycling it with surprising affects to the markets hence the run north - some just dont like to be reminded - others.................... which adds to the volatility and intrigue :-)

gifting - yep naughty greeks are experts at that playing the game v eu numpties et al - & no doubt they will get 30% wiped off their debt scot free and another fudge for a few months / year then we will be back here again :-)
positioning before sunday is the next key ;

Greece's creditors are set to discuss Athens' new bailout proposals by teleconference at 11:00 GMT, EU sources told Reuters.

The conference will involve European Commission President Jean-Claude Juncker, European Central Bank President Mario Draghi, International Monetary Fund chief Christine Lagarde and Eurogroup finance ministers' chairman Jeroen Dijsselbloem.

i think it'll be done deal from both sides and no doubt the amis having input too

meanwhile, went long dow a couple of hours back at 17,697 and that is doing ok
shall again look (hope) for 17,800

DOW
struggling to break 17,730 which is a bit dull, but hopeful that this will be comfortably breached when the market opens in us

Greek Centrist Party To Potami says it will back the government's bailout reforms package. "Certainly we will authorise the prime minister to bring a deal," spokesman Dimitris Tsiodras told Reuters news agency.

cum long appears to be the correct call as it stands - can take a while for the markets to digest......................then knowing the markets drop later :-)))) then........... ;

cum long?????? ....... and hard??????? :-))

looks a bit out of puff so have banked at 17,746 ...... 49 points is hardly something to complain about :-)

👌

similar here - had a nice profit on the good old dax again too :-))
Tally bally ho Huzzah and hoooorahhhhh!!
:-))