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
- 24 Sep 2013 16:43
- 13035 of 21973
We shall see, have to say I've only ever held dividend plays within my ISA never on a spreadbetting account so a new play for me.
skinny
- 24 Sep 2013 16:49
- 13036 of 21973
I quite often do on a Tuesday - if only to partly mitigate a FTSE short - the best recently was CLLN - bought on 3rd September - I received the dividend and it is currently 25 points in profit.
Today's punt is CNA.
Shortie
- 24 Sep 2013 16:55
- 13037 of 21973
This looks good also, that was my exact thinking Skinny to hedge out the charges on a FTSE short.
skinny
- 24 Sep 2013 17:05
- 13038 of 21973
Yes I saw that - I chose CNA.
It all helps but its yet something else to be monitored/checked.
Shortie
- 25 Sep 2013 09:24
- 13039 of 21973
Spot on with that dividend calculation Skinny for Drax.
skinny
- 25 Sep 2013 09:44
- 13040 of 21973
The CNA dividend play was 'millibanded' - managed to get out @390 and just bought again @382p
Shortie
- 25 Sep 2013 10:03
- 13041 of 21973
DRAX didn't fair any better.
Time Traveller
- 25 Sep 2013 10:03
- 13042 of 21973
You lost me there skinny!
Oh the freezing of power charges. OK
Shortie
- 25 Sep 2013 10:46
- 13043 of 21973
6586 short FTSE
Shortie
- 25 Sep 2013 11:11
- 13044 of 21973
6564 position closed
Shortie
- 25 Sep 2013 12:02
- 13045 of 21973
15 minute FTSE, maybe a long play next, awaiting reversal
Shortie
- 25 Sep 2013 13:26
- 13046 of 21973
Tempted to go long
Shortie
- 26 Sep 2013 13:52
- 13047 of 21973
6552.3 gone short
Shortie
- 26 Sep 2013 13:57
- 13048 of 21973
30min Wall St, no position yet
Shortie
- 26 Sep 2013 14:00
- 13049 of 21973
1Hr DAX waiting for a short signal..
Shortie
- 26 Sep 2013 14:07
- 13050 of 21973
Still expect a fall back to 4024 at some point.
cynic
- 26 Sep 2013 14:14
- 13051 of 21973
still out of this one while clenching the bum with NMX 3720 which is currently being rather naughty
Shortie
- 26 Sep 2013 14:25
- 13052 of 21973
Pretty safe to expect 10205 will fail and this will continue to trend downwards. 10116 looks like the target and where I'd consider buying from.
cynic
- 26 Sep 2013 14:47
- 13053 of 21973
i fear you may be right, but guess i'll just stay put and just possibly add further (pain?) in due course ..... in fact, 10129 mid hit earlier today, which was pretty much spot on - i.e. implies 10119/10139
cynic
- 26 Sep 2013 16:53
- 13054 of 21973
NMX 3720
i see it closed right on the upper resistance level ..... since then, dow has moved ahead again, though not with great conviction .... wait and see