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
halifax
- 16 Dec 2013 08:47
- 13607 of 21973
FTSE pretty quiet, where is Santa and his rally?
jimmy b
- 16 Dec 2013 08:51
- 13608 of 21973
Just thinking the same.
Shortie
- 16 Dec 2013 10:12
- 13609 of 21973
I don't know, went long on a FTSE 100 Mar Fut this morning at 6377 and now 6415 + 38
skinny
- 16 Dec 2013 15:38
- 13610 of 21973
S&P triple top could actually be bullish
Some market technicians have been pointing out a "triple top" on the S&P 500 as a warning sign that the rally could have peaked and be over. Pulling back and looking at a longer-term picture gives, in my opinion, a different and more bullish perspective.
jimmy b
- 16 Dec 2013 15:50
- 13611 of 21973
Don't spoil it for me skinny ,i was thinking this was the santa rally starting.
cynic
- 17 Dec 2013 08:17
- 13612 of 21973
i am already short s+p and also have a small ftse short .... this latter i may well increase
Shortie
- 17 Dec 2013 10:24
- 13613 of 21973
I'm short FTSE DFT, and S&P DFT closed my long FTSE 100 Mar Fut yesterday for a profit have also now exited DAX shorts..
cynic
- 17 Dec 2013 10:26
- 13614 of 21973
DFT?
Shortie
- 17 Dec 2013 10:29
- 13615 of 21973
Daily Funded Trade, I can hold these short against a long future in the same market. Or vice-versa..
cynic
- 17 Dec 2013 10:30
- 13616 of 21973
so is that a restricted day trade only?
never heard of it before, and just curious
skinny
- 17 Dec 2013 10:32
- 13617 of 21973
Just a normal S/B.
Shortie
- 17 Dec 2013 10:38
- 13618 of 21973
Typically yes although you can roll it over from one day to the next. You pay and overnight fee for doing so plus receive/pay any dividend due. The DFT is nearest to spot, the below shows FTSE bets.
Shortie
- 17 Dec 2013 11:05
- 13619 of 21973
My eyes will be mainly on AAPL today, a favourite to short...
Shortie
- 17 Dec 2013 11:28
- 13620 of 21973
Shortie
- 17 Dec 2013 11:34
- 13621 of 21973
Facebook also has my attention for a possible short play.
cynic
- 17 Dec 2013 11:48
- 13622 of 21973
the dow itself is interesting in that it had a half-hearted attempt to break through 16125 and failed, and is now dithering down and then wobbling back up, but still never actually challenging that 16125 level ...... south would look the most likely overall direction, but s+p perhaps an even better bet
nasdaq or your fave two specific stocks - pays yer money etc
cynic
- 17 Dec 2013 11:48
- 13623 of 21973
.
Shortie
- 17 Dec 2013 13:12
- 13624 of 21973
Shortie
- 17 Dec 2013 14:39
- 13626 of 21973
5484 short Facebook..