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
bhunt1910
- 26 Jan 2014 13:43
- 14089 of 21973
Well done Shortie - R U expecting a bounce - or are you just takiing your profits off the table
halifax
- 26 Jan 2014 18:42
- 14090 of 21973
place your bets FTSE down tomorrow?
cynic
- 26 Jan 2014 20:02
- 14091 of 21973
that's surely a no-brainer initially - at least 60 points and then perhaps to 100 as forced selling takes place .... but after that, it'll be interesting
bhunt1910
- 27 Jan 2014 07:59
- 14092 of 21973
Well its recovered 80 points so far from its friday night low of 6535 - the open will be interesting - but I reckon it will continue to slowly recover.
BWTFDIK
Shortie
- 27 Jan 2014 10:13
- 14093 of 21973
Bhunt - A bit of both really, quite keen to cash in some profits and also take money off the table... Have a look at Skinnys daily chart above, FTSE has been bouncing off the 50dma line for some time now and the MACD triggers have become directionless.
cynic
- 27 Jan 2014 10:40
- 14095 of 21973
looking at skinny's chart, the implication is that at least a bounce is imminent ..... except that most will be governed by the behaviour (position) of standard FTSE
Oakapples142
- 27 Jan 2014 10:44
- 14096 of 21973
What a "balls up" created by the Shadow Chancellor
skinny
- 27 Jan 2014 10:49
- 14097 of 21973
I know he opens mouth to change feet quite regularly, but even he couldn't cause this correction fall.
skinny
- 27 Jan 2014 11:02
- 14098 of 21973
An interesting view if you are looking at 3D.
3D Printing: Who's Got The Power
Shortie
- 27 Jan 2014 11:05
- 14099 of 21973
6569.5 gone long
cynic
- 27 Jan 2014 11:06
- 14100 of 21973
i already hold DDD though it's a bit scary and there is an argument that it is currently o'bought .... however, there is no question that this is a very important development/concept for the near future
cynic
- 27 Jan 2014 11:08
- 14101 of 21973
ftes - me too but in a couple of points higher and very modestly ..... hoping for a decent bounce on dow this afternoon; it certainly wouldn't go amiss having rather screwed up there for the last couple of days
Shortie
- 27 Jan 2014 11:10
- 14102 of 21973
I think you need a 3D printing thread Skinny, I'm on the fence, can't see this will ever be mass market or if theres really a place for it other than as a DIYers novelty..
cynic
- 27 Jan 2014 11:14
- 14103 of 21973
i think you're wrong shortie ..... i'm sure i read only yesterday that these printers are already available <$1,000
certainly Number2 Son who works for a certain very large organisation rates them as very important
Shortie
- 27 Jan 2014 11:23
- 14104 of 21973
I'm sure they will find a place within the market, maybe as a cheaper alternative to CNC or something, I'm just not convinced they'll find there way into homes other than the hobbiest or serious DIY'er... As earnings expectations already point to these machines requiring a massive market penetration I'm not willing to invest at current prices..
May I also add this is something that I know very little about, but after seeing some examples on youtube and make magazine (http://www.makershed.com/3D_Printers_s/245.htm) and having read a few articles..
cynic
- 27 Jan 2014 11:25
- 14105 of 21973
what about industries of many types?
Shortie
- 27 Jan 2014 11:29
- 14106 of 21973
Such as what?
skinny
- 27 Jan 2014 11:31
- 14107 of 21973
Food - I posted last week about the deal with Hershey.
Sweet! Hershey Partners To Deliver 3D Printed Candy
cynic
- 27 Jan 2014 11:31
- 14108 of 21973
as i understand it, even car parts can be turned out via this technology
certainly NASA produced a model spaceship or similar in titanium using this technololgy for a little girl in USA only a few weeks back