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
Shortie
- 31 Jul 2013 13:58
- 12662 of 21973
I suppose the big problem with investment vechicles and their managers is that they have to pay yields as well as a build on the capital invested with them. That has typically meant exiting bonds and cash where interest rates are super low in favour of equities driving indicies higher. No one wants to sell out of equities for cash too early and miss a dividend reducing a funds payable yield... Even when tappering does occur it will take time before the effects filter through into corporates earnings, reduce yield and force fund mangers to shift investments, the capital flight however is a different story.
Shortie
- 31 Jul 2013 14:18
- 12663 of 21973
6632.8 short, average 6598.
skinny
- 31 Jul 2013 14:40
- 12664 of 21973
Short @6,642.8
Shortie
- 31 Jul 2013 14:50
- 12665 of 21973
Short 6648.8 now averaging 6611.4 with 4 bets.
Shortie
- 31 Jul 2013 16:31
- 12666 of 21973
6648.8 closed at 6606.8 +42, three bets averaging 6598.9
skinny
- 31 Jul 2013 16:33
- 12667 of 21973
I managed to close half @6,605 now wish I'd closed it all - what a mad few seconds!
Shortie
- 31 Jul 2013 16:37
- 12669 of 21973
I debated the same Skinny, quite alot going ex div today also
skinny
- 31 Jul 2013 16:39
- 12670 of 21973
Shortie - that was calculated last night - you must have picked up the tab on your short!
My closing was not one for the purist - more blind panic.
Shortie
- 31 Jul 2013 16:43
- 12671 of 21973
6632.8 closed at 6618.5 +14.3, two bet remaining average 6582.0.
Note the gold chart, a bit more and I think I might start buying.
Shortie
- 31 Jul 2013 16:47
- 12672 of 21973
I did pay a dividend and also a small over night fee last night yes. £2.22 in the pound the divi worked out at, ok I'm going mad, thought there was another one due tonight so didn't want to leave too much overnight.
skinny
- 31 Jul 2013 16:48
- 12673 of 21973
I know the feeling - in that made fall just before the close, I unintentionally closed the trading platform instead of changing tabs!
I'll get me coat!
Shortie
- 31 Jul 2013 16:52
- 12674 of 21973
I've crystalised 82 pts today profit, verses unrealised losses of 70 pts on the FTSE. Hopefully sailing will be a tad easier tomorrow.
Shortie
- 31 Jul 2013 16:55
- 12675 of 21973
LOL post 12673, I've done that a few times myself, and I've opened a Wall St bet when I wanted a DAX bet before... Oh well its all good fun.
cynic
- 31 Jul 2013 17:07
- 12676 of 21973
market could be fun from 19:00 - but i'll be out for dinner, so will miss the likely whizz-bang
halifax
- 31 Jul 2013 17:10
- 12677 of 21973
cynic more like a damp squib!
cynic
- 31 Jul 2013 17:12
- 12678 of 21973
the amis will almost certainly over-react regardless - its innate
halifax
- 31 Jul 2013 17:17
- 12679 of 21973
cynic there may be an attempt to create volatility but it should die down fairly quickly as we are now in the holiday season.
Shortie
- 31 Jul 2013 17:21
- 12680 of 21973
Tell that to whoevers been buying Facebook stock, plenty of volatility at the moment I think.
cynic
- 31 Jul 2013 17:30
- 12681 of 21973
i just stick to trading dow at the moment ..... stupidly managed to burn myself with aapl a few months back