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
- 23 May 2013 07:50
- 12399 of 21973
i'm happy enough with my current "tart's car", but thanks for the thought :-)
HARRYCAT
- 23 May 2013 08:21
- 12400 of 21973
Hairdresser's car, Mr C. I don't think tarts can afford that kind of motor! ;o)
Shortie
- 23 May 2013 10:15
- 12401 of 21973
I've made massive gains over a few weeks only to lose them over trading in the following weeks.
cynic
- 23 May 2013 13:06
- 12402 of 21973
hairdresser certainly can't
cynic
- 23 May 2013 13:07
- 12403 of 21973
now you understand why i regularly preach about the prudent banking of profits
halifax
- 23 May 2013 15:14
- 12404 of 21973
cynic has the "sell in may signal" been raised?
cynic
- 23 May 2013 15:32
- 12405 of 21973
you're the expert, not me :-)
halifax
- 23 May 2013 15:42
- 12406 of 21973
cynic its pretty uncomfortable sitting on the fence...... sooner or later a decision has to be made.
halifax
- 23 May 2013 16:07
- 12407 of 21973
cynic decision made which way is the exit?
ahoj
- 23 May 2013 16:10
- 12408 of 21973
HP up $3 to 24, sending a signal that high tech is there to continue to growing. I think we will close positive in the US and FTSE will follow tomorrow.
APLE is rising too.
halifax
- 23 May 2013 16:13
- 12409 of 21973
ahoj long weekend in prospect.
cynic
- 23 May 2013 16:15
- 12410 of 21973
confess i am surprised to see dow recovering from -120 this morning to currently just -33 .... however, i remain happy enough to keep running my dow (and asc) short, though the rest of my portfolio is long ..... i might also remind you that i took a good slab of money off the table a week or so ago
halifax
- 23 May 2013 16:19
- 12411 of 21973
cynic wise move ditto.
cynic
- 23 May 2013 16:27
- 12412 of 21973
bad boy hali, trying to lead me on like that; an agent provocateur in another era :-) ..... do you and your merry men also run short postions?
ahoj
- 23 May 2013 16:28
- 12413 of 21973
When you can get commercial mortgage at 4.4% for 600k, you shouldn't be worried.
....
cynic
- 23 May 2013 16:57
- 12414 of 21973
surely less than that - that's nearly 4% over base and i'm sure i don't pay that much
hilary
- 24 May 2013 13:32
- 12415 of 21973
If the market is starting to realise that Abenomics has cracks and the JPY hot money flows reverse, then one of the biggest casualties is likely to be Club Med bonds which is where a good chunk of Shinzo's free money has been going. In turn, that could easily herald a return of the EZ crisis.
Spanish, Italian and Portuguese yields all markedly higher today and rising.
cynic
- 24 May 2013 15:09
- 12416 of 21973
glad i didn't allow myself to be panicked out of my dow short yesterday evening, as it's now rollicking along once more ..... need to check where next support comes
===============
14735 but say 14750 as potential target
hilary
- 24 May 2013 15:58
- 12417 of 21973
Big swings in the dollar made Thursday a blowout trading day in the $4 trillion-a-day foreign-exchange market.
Citigroup, the world’s second-biggest foreign-exchange trading bank by market share, said it handled a record number of trades during that day, but declined to disclose the total Barclays, the third-largest, said it was the busiest day for trade in the dollar against the yen since 2008.
The surge in volumes came after comments Wednesday by U.S. Federal Reserve Chairman Ben Bernanke and minutes from a recent Fed policy meeting suggested it might start pulling back on its bond purchases some time this year.
HARRYCAT
- 24 May 2013 16:34
- 12418 of 21973
.