I had to open my big mouth, didn’t I

Well the FTSE100 has given up its earlier gains, as have the Dax and the Cac 40. I think I might copy that last sentence to my clipboard, as I can see I might be using it again!

The FTSE100 is currently trading up 40.94 (or 0.82%) at 5048.10 having been up more than double that in earlier trading. The index has bounced off a low-point (around 11am) and is currently trading in a narrow range. It feels like it’s getting ready to drop again.

If you are a day-trader, I hope you are enjoying the volatility.

Top 5 winners are Essar Energy, Petrofac, ICAP. Tullow Oil and BHP Billiton.

Top 5 losers are currently Smiths Group. Imperial Tobacco Group. Unilever, Compass Group and British Sky Broadcasting.

Well, at least they were the top 5 gainers and losers when I started typing!

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