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

DOW (cash)
stalling slightly at 16,230 but i think this will be overcome
not sure where after that ....... i have a long running currently, and it's doing very nicely and put in an arbitrary limit at 16,250 but may well raise it or change to a trailing stop

Am I reading the futures chart correctly chaps, Dow currently up 125ish pts ?

FTSE
has struggled back up to 6,000 but quite impirtant that it holds or even manages to build on this

much the same could be said about DOW at 16,200 which is now proving a bit of a problem

Leaving the screen for a while but hope to be back before the close, I will leave things in your capable hands -):

DOW
just stopped out (limit up) at 16,250 while i was busy with other stuff
anyway, really shouldn't complain and indeed i won't :-)

Out with the goods, thank you Jonsie and co.. thank you so very very much.

Broke above 6000 Fingers crossed it holds for a week or two.

i'm told it's 6020 which holds the key for further progress
it's currently above that level, so fingers x'ed that it holds into the close and that there are no nasty shocks over w/e

DOW
quite tempted to short if 16,300 is hit but not sure there is enough easy downside

Well it's up 260 ish atm @16330
2517

16400 if we get there might be a reasonable shout for a pull back

well you just have

No more trades today. Will probably look to short to FTSE 100 monday if opportunity arises. But the trend has changed with shorts being squeezed hard as I thought on Monday,

market is almost too difficult to call

Time to reflect to reflect on the week. From my rose tinted glasses view, I reckon we will see more upside this week. Looking for a pullback then trade higher. Dow at 16450 has still a bit of catching up to do for fair value.

Based on what CD?

My gut feeling. Stan. Nothing else.

Ah right fair enough CD.

Right chaps what's occurring?

It's up just but have a feeling it won't last.