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
cynic
- 31 Jan 2014 10:12
- 14196 of 21973
is there anything obvious that has spooked the markets this morning - even dow futures?
perhaps it's just "end of month" syndrome
=========
if without cause, am quite tempted to have a small dow long dabble
skinny
- 31 Jan 2014 12:15
- 14197 of 21973
Shortie
- 31 Jan 2014 12:50
- 14198 of 21973
Looks more long than short at the moment Skinny...Best of luck with that play.
Balerboy
- 31 Jan 2014 12:55
- 14199 of 21973
skinny is long,,,,.. those inoculations are affecting your eye sight.,.
Shortie
- 31 Jan 2014 13:00
- 14200 of 21973
Cheers BB, I read again and yes he's long... 6490 first upside target I make it
skinny
- 31 Jan 2014 13:15
- 14201 of 21973
skinny
- 31 Jan 2014 13:19
- 14202 of 21973
Long again @6,439.8!
cynic
- 31 Jan 2014 13:22
- 14203 of 21973
confess i can see no sensible reason for this severe tumble on both sides of the atlatic, other than it's what the markets seem to want to do - and a lot of forced selling too i'ld wager
Chris Carson
- 31 Jan 2014 13:23
- 14204 of 21973
When you went long skinny I went short on UKX and was worried, out at 6436.3 + 14.2 scalping is a lot easier than trying to call top or bottom and exhausting. Back at 2.30.
Shortie
- 31 Jan 2014 13:25
- 14205 of 21973
6431 long
Chris Carson
- 31 Jan 2014 13:34
- 14206 of 21973
Dollar Index on a mission today.
cynic
- 31 Jan 2014 13:36
- 14207 of 21973
what a vile day!
whatever the pre-opening asst'd numbers were in usa, they don't seem to have inspired much, to say the least
Shortie
- 31 Jan 2014 13:38
- 14208 of 21973
USD/JPY short looks feasible right now to move back below 100
skinny
- 31 Jan 2014 13:39
- 14209 of 21973
I think the Euro CPI figures started the rot this morning - other issues apart!
cynic
- 31 Jan 2014 13:50
- 14211 of 21973
confess i've made a complete cock-up of this month, starting when i lost my nerve on the short positions i had very early on
skinny
- 31 Jan 2014 13:55
- 14212 of 21973
I don't think you are alone cynic!
Small DOW @15,622!
Shortie
- 31 Jan 2014 13:57
- 14213 of 21973
I started the Year shorting Next.... Couldn't have made a worse call there..
Shortie
- 31 Jan 2014 13:59
- 14214 of 21973
On the bright side though we do have 11 more months this year to thunder..
skinny
- 31 Jan 2014 14:01
- 14215 of 21973
There's also a rumour that it might stop raining sometime this year!