Share trading or IGIndex?

[The Contrarian]

Looking to speculate on a few very low priced (currently) shares. Total fund of £10k to lose.

Looking at thing slike Taylor Woodrow, Lloyds, Inchcape - the sort of established companies currently well below thier 'peak' market value.

I expect to hold the shares between 12 months and 36 months.

I guess trading th eactual shares is the only way to go? Financial spread bets are not this long term, are they?