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
- 03 Feb 2014 19:46
- 14257 of 21973
Added to FTSE@6,424!!
cynic
- 03 Feb 2014 19:47
- 14258 of 21973
dow now down ~300 and though cash ftse only down 40, it's surely a racing certainty that it'll be quickly down a lot more than that after tomorrow's open, so have doubled up
cynic
- 03 Feb 2014 19:47
- 14259 of 21973
skinny - long or short?
skinny
- 03 Feb 2014 19:56
- 14260 of 21973
Long - but not looking too smart!
cynic
- 03 Feb 2014 20:14
- 14261 of 21973
i've now banked all my dow short positions and managed to recoup a big chunk of those muppet longs i held for far too long ..... still short ftse on the basis of what i wrote above
surely there's going to be an awful lot of forced selling in the morning - perhaps even of blnx!
HARRYCAT
- 03 Feb 2014 20:18
- 14262 of 21973
.
skinny
- 03 Feb 2014 20:24
- 14263 of 21973
jimmy b
- 04 Feb 2014 09:28
- 14264 of 21973
I was short both DOW FTSE yesterday,went well ,i'm thinking long this afternoon ? a small bounce for the DOW ? i don't usually play the indices as i'm generally rubbish at it .
cynic
- 04 Feb 2014 09:55
- 14265 of 21973
concur re dow and have just placed same
skinny
- 04 Feb 2014 10:07
- 14266 of 21973
Closed one FTSE long @6,465.3 +41.3, still holding from 6,450.8.
Shortie
- 04 Feb 2014 10:14
- 14267 of 21973
I'm still holding my FTSE long, DOW had more momentum than I expected last night and overshot downside targets.
Shortie
- 04 Feb 2014 13:46
- 14268 of 21973
Back to FTSE breakeven
skinny
- 04 Feb 2014 14:14
- 14269 of 21973
The FTSe has fallen on 10 out of the last 11 days.
Shortie
- 04 Feb 2014 14:41
- 14270 of 21973
That reminds me of playing Roulette Skinny..
jimmy b
- 04 Feb 2014 14:50
- 14271 of 21973
DOW maybe about to turn nasty again .
How quick did that turn !
Shortie
- 04 Feb 2014 15:01
- 14272 of 21973
6473 FTSE closed +20
skinny
- 04 Feb 2014 15:01
- 14273 of 21973
I've now closed 3 longs in the 6,460's today - suffice to say, I'm not long atm!!
skinny
- 04 Feb 2014 15:01
- 14274 of 21973
Jimmy - best to speak quietly - it always hears!
cynic
- 04 Feb 2014 15:03
- 14275 of 21973
well i am, and on that nasty little dip, i bought a bit more dow (long) ....... :-) for now
==============
about time dow stopped pissing about and got stuck into a sustained and decent rally!