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FTSE + FTSE 250 - consider trading (FTSE)     

cynic - 20 Oct 2007 12:12

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

patshere - 11 Mar 2013 14:30 - 11276 of 21973

Are the Greeks due another bailout soon?
Italy's elections?
Or just profit taking in USA?

Am looking for any reason for a fall in ftse100 in next two months.

cynic - 11 Mar 2013 14:33 - 11277 of 21973

"sell in may and go away" ..... is that a good enough reason for you?
or you may prefer to short once (if) dow reaches 14,545

HARRYCAT - 11 Mar 2013 14:37 - 11278 of 21973

.......of course, don't forget to re-invest on St. Ledger day!

Shortie - 11 Mar 2013 14:47 - 11279 of 21973

Is this a trick question "Am looking for any reason for a fall in ftse100 in next two months." ?? If not maybe start by spending a few hours on bloomberg and forbes..

patshere - 11 Mar 2013 14:53 - 11280 of 21973

300pts+ fall.

Shortie - 11 Mar 2013 15:07 - 11281 of 21973

Conflict between China and Japan over the disputed islands, or an escalation of the European debt problems could spur a fall. In the US if the banking system was made to address its bad debts we'd see a system requiring a bailout. This would act like a giant mop against the mass increase in money..

skinny - 11 Mar 2013 15:15 - 11282 of 21973

Or North Korea.

images?q=tbn:ANd9GcSDCpGrR46t6I2O-VS0JB0

cynic - 11 Mar 2013 15:19 - 11283 of 21973

personally, i expect to wait for 14,545 .... however, if i go travelling, may lighten considerably beforehand

patshere - 11 Mar 2013 15:21 - 11284 of 21973

skinny - 11 Mar 2013 15:15 - 11282

Where's that ?
Are they a hedge fund!

Shortie - 11 Mar 2013 15:23 - 11285 of 21973

Or North Korea, I was just sticking to the biggest world economies otherwise the list would go on all day... If central banks used the money they printed to invest in corporate bonds rather than Gilts, Gilt yields would increase and so money would flow out of equities....

Reasons for the rise in indicies... 1. Central Banks expaning money supply and forcing the yields on Gilts down at a time when credit ratings have been falling.

cynic - 11 Mar 2013 15:32 - 11286 of 21973

i think there is a good chance and certainly logic for there to be an increase in spending on infrastructure and similar in the budget ......

i'm happy to be contradicted, but there looks to be no reflection of this in the C+M Index, so having taken a profit in 50% of my HG&HC Index this morning, i shall now marry money with mouth

Stan - 11 Mar 2013 16:18 - 11287 of 21973

Dollar up and my ETC gold up, Bet that doesn't last long.

skinny - 11 Mar 2013 16:21 - 11288 of 21973

FTSE has had a couple of looks over 6,500 - so far it doesn't like it!

Shortie - 11 Mar 2013 16:31 - 11289 of 21973

Holding above resistance though Skinny..... Close below would make me more comfortable.

Shortie - 11 Mar 2013 16:35 - 11290 of 21973

Bank of England Prices $2 Billion 0.5% 2016 Bond at 99.964

Says it all...!

skinny - 11 Mar 2013 16:37 - 11291 of 21973

Hmmm!

Shortie - 11 Mar 2013 17:14 - 11292 of 21973

Hmmmm indeed, looking at closing my own FTSE shorts at a loss... Lots that I don't like right now technically... On the daily we've yet to see a fallback, so support is a long way away as per the below. Expected a fall today and a new support line to track against.. Momentum keeps building also.. Nothing but hopes and dreams to suggest a change in direction yet... Although I believe the FTSE is far too high the cheap pound and some attractive yields are still causing investors to pile in...

bhunt1910 - 11 Mar 2013 17:23 - 11293 of 21973

Regrettably I think you are right Shortie - but I am maintaining my short on the FTSE for now and my long on Gold.

Head is saying close my ftse short - heart is saying leave it alone - heart is winning right now

Shortie - 11 Mar 2013 17:24 - 11294 of 21973

Closed 1 FTSE short position at loss and stubbornly kept the other open.... My discipline has gone right out the window trading at these dizzy heights... Pretty sure I'm not the only one doing what they know they shouldn't though...

Feel free to dish out a right telling off, I know I need one..!

skinny - 11 Mar 2013 17:27 - 11295 of 21973

Shortie - no, you are not alone.

I'm still short.

I nearly sold a sizeable VOD holding this afternoon - the fact that I didn't, should mean the FTSE will now fall - hope this helps! :-)
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