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
cynic
- 21 Feb 2008 19:54
- 1219 of 21973
chicken liver pate, houmus, lamb tagine, puy lentils with walnuts pistachios and feta + mustard vinaigrette ... since you ask ..... nice bottle of good and mature rioja too
BigTed
- 21 Feb 2008 20:01
- 1220 of 21973
Makes my fish and rice mixed with mayo and peas sound dull...!
John, i also have the long game in sight, i know Richard sems to do well calling the markets etc, but i would love to have got into gold at $400, the euro v dollar when it was parity etc, long term trends are where i expect to do well, except i keep wanting to take profits consistantly whenever they are there, so i need to fine tune, still i have youth on my side (i am only twelve after all...! lol)
cynic
- 21 Feb 2008 21:04
- 1221 of 21973
suspect 12265 was about the bottom as i see i was stopped out (limit up) at that point .... will help cushion tomorrow's soggy start in london, though glad to see some recovery thereafter
explosive
- 21 Feb 2008 21:43
- 1222 of 21973
Cynic your dinner beats my trip to Tesco in a minute, again played the range tonight 12300 down and 12265 back up. As luck had it finished on a down position so won't have to get up in the morning too early and change.
Ted, glad to hear you have a long term game plan, be even better if I get a decent fall to 20750 on the yen tomorrow..... I figure its way too high tracking againt todays movements, may even get a short on the FTSE going it I rallies by the time I reach work.
BigTed
- 21 Feb 2008 21:53
- 1223 of 21973
Just for record, i too am short of GBP/YEN, so with you on that note, only recently, though, so would love it to go comfortably blue...have multiple shorts on other currencies too, after a bit of a mad one today...:)
HARRYCAT
- 21 Feb 2008 22:25
- 1224 of 21973
DOW finished down on the day & tomorrow will be friday. Are you shorters expecting a FTSE slide/sell off ?
cynic
- 22 Feb 2008 08:17
- 1225 of 21973
difficult to read .... too early in the day and Dow at least finished above 122650
HARRYCAT
- 22 Feb 2008 12:43
- 1226 of 21973
DOW looks flat. Are you guys expecting a friday afternoon selloff?
Sorry to labour the question, but am looking to buy some shares now, but hope to time it right on the dip!
cynic
- 22 Feb 2008 12:50
- 1227 of 21973
hard to tell ..... if you have itchy fingers, playing the index game could be profitable - or of course you might do your bollox!
explosive
- 22 Feb 2008 12:59
- 1228 of 21973
DOW showed support last night at 12250-12300... Not expecting a sell off as no economic news due today and fairly thin on the ground for company news in the States. Expecting a small range to be traded my guess would be 12250 - 12340 seeing ups and downs well within... Could be wrong though, it only takes a quick slide/gain for others to follow multiplying the effect.. Curious as to which shares your looking to buy though Harrycat??
BigTed
- 22 Feb 2008 13:12
- 1229 of 21973
I have pulled mainly out of equities, will only buy more if there is a big sell off, or such times as confidence has clearly returned, i dont consider you have to be in the market at all times, patience is a virtue...
HARRYCAT
- 22 Feb 2008 13:26
- 1230 of 21973
AQP. Broker target 925. Have buy on the system at 820p. Not sure it will get that low, but if there is a selloff, then possible.
cynic
- 22 Feb 2008 13:32
- 1231 of 21973
you are only 3p off that target now!
HARRYCAT
- 22 Feb 2008 13:38
- 1232 of 21973
Might nudge the offer price down a bit then. 800p looks next support. Bet I miss the boat!
cynic
- 22 Feb 2008 13:44
- 1233 of 21973
harry ... you either want to buy the damn things or you don't! ..... if you were truly happy to invest at 820, then do it
HARRYCAT
- 22 Feb 2008 13:48
- 1234 of 21973
Of course I do!! I bought them ages ago at 550p & wish I had kept them, but how was I to know that platinum would go over $2000 an ounce?!!!
Might be tempted by your IEC soon also.
cynic
- 22 Feb 2008 13:50
- 1235 of 21973
please buy 1m so price will rocket!
HARRYCAT
- 22 Feb 2008 13:53
- 1236 of 21973
1m shares or 1m worth?
cynic
- 22 Feb 2008 13:55
- 1237 of 21973
either will do - lol
HARRYCAT
- 22 Feb 2008 13:56
- 1238 of 21973
If only! :o)