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
goldfinger
- 19 Mar 2013 15:41
- 11458 of 21973
true true
skinny
- 19 Mar 2013 15:57
- 11459 of 21973
cynic
- 19 Mar 2013 16:03
- 11460 of 21973
crazy day ...... this morning, i banked my profit in HG+HC and thought i had been too hasty, but it hs suddenly dropped sharply ..... my Dow short was beginning to look a bit sickly, but fortunately i stayed with it, and it is now handsomely in the money (again)
Davai
- 19 Mar 2013 18:41
- 11461 of 21973
Shortie - 19 Mar 2013 10:12 - 11445 of 11460
Nice trade...
skinny
- 20 Mar 2013 07:07
- 11462 of 21973
German PPI m/m -0.1% consensus 0.2% previous 0.8%
skinny
- 20 Mar 2013 09:01
- 11464 of 21973
EUR Current Account 14.8B consensus 7.9B previous 13.9B
HARRYCAT
- 20 Mar 2013 09:08
- 11465 of 21973
That dates you bit skinny! Mid 1950's I think. Frank from the brat pack ;o)
skinny
- 20 Mar 2013 09:09
- 11466 of 21973
My Dad was a big Sinatra fan, so we couldn't escape it as youngsters.
cynic
- 20 Mar 2013 09:11
- 11467 of 21973
i'm obviously missing something other than the obvious 2 screws .....
HG+HC is roaring ahead yet again, while C+M is merely limping north .... however, i would have thought that any budget stimulus would be more relevant to the latter
skinny
- 20 Mar 2013 09:19
- 11468 of 21973
Cynic RB. BDEV&CRST all well ahead today.
skinny
- 20 Mar 2013 09:30
- 11469 of 21973
GBP Claimant Count Change -1.5K consensus -5.2K previous -12.5K
GBP MPC Meeting Minutes 0-0-9 consensus 0-0-9 previous 0-0-9
GBP Unemployment Rate 7.8% consensus 7.8% previous 7.8%
GBP Average Earnings Index 3m/y 1.2 % consensus 1.5% previous 1.4%
Shortie
- 20 Mar 2013 09:50
- 11470 of 21973
Davai - 19 Mar 2013 18:41 - 11461 of 11468 - Thank you...
Short on the DAX today.. 8004.8
Shortie
- 20 Mar 2013 10:00
- 11471 of 21973
BOE Minutes Show Sterling, Inflation Fears
By Jason Douglas and Alex Brittain LONDON--Bank of England officials held fire on fresh stimulus for the U.K. economy in March because of concerns that more bond purchases could drive down sterling and undermine public perceptions of the central bank's commitment to fighting inflation. Minutes of the rate-setting Monetary Policy Committee's March policy meeting, published Wednesday, revealed Governor Mervyn King and two other officials were defeated in their push for more stimulus for the second month in a row. The committee voted in March to leave the BOE's benchmark interest rate at 0.5% and the size of its bond-buying program at 375 billion pounds ($566 billion). The minutes show Mr. King, Paul Fisher and David Miles argued for another GBP25 billion of central bank bond purchases, saying extra stimulus would support demand without setting off inflation. But the remaining six committee members disagreed, saying more stimulus would risk driving up expectations of future inflation, which can add pressure to wages and prices, and also risk causing "an unwarranted depreciation of sterling if it were misinterpreted as a lack of commitment to maintaining low inflation in the medium term." Annual inflation rose to 2.8% in February and is expected to rise further away from the BOE's target this year. The minutes underscore a deepening division on the MPC over how to respond to weak growth and high inflation ahead of Chancellor of the Exchequer George Osborne's annual budget statement later Wednesday. Many analysts believe he may tweak the BOE's mandate in a bid to encourage more stimulus and spark faster economic growth. The minutes also revealed the committee believes the likelihood the economy shrinks in the first three months of the year is about 50-50, which would push the U.K. into its third recession in five years. A recession is typically defined as two consecutive quarters of falling output and the U.K. economy shrank 0.3% in the final quarter of 2012.
ahoj
- 20 Mar 2013 10:09
- 11472 of 21973
This guarantees that low interest rate will stay.
Shortie
- 20 Mar 2013 10:21
- 11473 of 21973
It guarentees nothing...
Shortie
- 20 Mar 2013 10:35
- 11474 of 21973
DAX profit taken
skinny
- 20 Mar 2013 11:06
- 11475 of 21973
German 10-y Bond Auction 1.36|1.6 previous 1.66|1.2
Shortie
- 20 Mar 2013 11:50
- 11476 of 21973
Lowest rates ever Skinny...
skinny
- 20 Mar 2013 11:56
- 11477 of 21973
Really?
That must cheer the Cypriots up no end!