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
skinny
- 08 Aug 2013 17:00
- 12744 of 21973
Gold on a mission the last hour or so.
Shortie
- 08 Aug 2013 17:07
- 12745 of 21973
I've just dipped my toe in a Apple short @ 46149
cynic
- 08 Aug 2013 17:38
- 12746 of 21973
it may be quite brave, though i know you watch these things very carefully
it's been a strange old day generally, with the markets flat to open then up nicely, then wall street went from +80 to -30ish and now it's +35
skinny
- 09 Aug 2013 15:27
- 12747 of 21973
I'm short FTSE @6,590.
Shortie
- 12 Aug 2013 09:23
- 12748 of 21973
Apple short closed Friday at 45486 for +663. Probably should have let this run but seeing I'd made a decent profit and wasn't at a computer all day I decided to take the money and run. No FTSE positions currently.
skinny
- 12 Aug 2013 09:28
- 12749 of 21973
I'm still short - no real economic news due today as far as I can see though!
On edit - well done Shortie!
Shortie
- 12 Aug 2013 09:47
- 12750 of 21973
Thank you Skinny, AAPL chart below MACD cross has only just started to form on the dailys so one to watch if your looking for a short of offset a DOW long position.
skinny
- 12 Aug 2013 10:13
- 12751 of 21973
Well I've taken +40.
No idea now.
cynic
- 12 Aug 2013 10:15
- 12752 of 21973
i think it's just one of those nasty soggy periods triggered by nothing
Shortie
- 12 Aug 2013 11:26
- 12753 of 21973
FTSE100 30min chart, short term support at 6556 should stall and giveway allowing for a futher test of 6484 I think looking at the below. gone short of FTSE 6565.8
Shortie
- 12 Aug 2013 13:09
- 12754 of 21973
Looks like another test of support is immenent!
Shortie
- 12 Aug 2013 13:10
- 12755 of 21973
Skinny, well done getting 40 pts off the FTSE this morning.
skinny
- 12 Aug 2013 13:14
- 12756 of 21973
Thanks - I opened the short late Friday as the US fell and we carried on climbing.
Nothing obvious atm for this afternoon, so perhaps a good time to enjoy the sunshine!
Shortie
- 12 Aug 2013 13:24
- 12757 of 21973
I think you might be right, although I'm stuck at work so no rest for me.
Shortie
- 12 Aug 2013 17:23
- 12758 of 21973
46644 shorting AAPL
Shortie
- 12 Aug 2013 17:28
- 12759 of 21973
FTSE sold +2.5pts..
Shortie
- 12 Aug 2013 17:33
- 12760 of 21973
46526 AAPL closed +118... Just goes to show patience and timing are everything..
Shortie
- 13 Aug 2013 09:08
- 12761 of 21973
6608 gone short FTSE
skinny
- 13 Aug 2013 09:09
- 12762 of 21973
CPI figures shortly.
Shortie
- 13 Aug 2013 09:19
- 12763 of 21973
Credit Agricole Corporate & Investment Bank expects UK CPI inflation to ease only slightly in July to 2.8% year on year. "CPI inflation likely passed its peak and our forecasts point to gradual decline towards 2.4% by the end of 2013," it says.