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
Balerboy
- 11 Mar 2014 13:01
- 14617 of 21973
thats what i thought, thanks. bb
skinny
- 11 Mar 2014 13:09
- 14618 of 21973
Ok from -
here
search for "timetable".
You realise there is also a share consolidation to take account of?
Balerboy
- 11 Mar 2014 13:37
- 14619 of 21973
That does take the edge off of it, by my reckoning buy now at 144p to break even after consolidation you'd need 164p or there abouts, is that as near as?
skinny
- 11 Mar 2014 13:50
- 14620 of 21973
I'll leave the maths to you! :-)
cynic
- 11 Mar 2014 13:50
- 14621 of 21973
closed dow short a bit prematurely .... still, a modest profit is better than none
Shortie
- 11 Mar 2014 14:04
- 14622 of 21973
FTSE testing support... again.
Shortie
- 11 Mar 2014 14:13
- 14623 of 21973
6685.3 gone long
Shortie
- 11 Mar 2014 14:20
- 14624 of 21973
Position closed +6...
skinny
- 11 Mar 2014 14:53
- 14625 of 21973
FTSE closed +50.
Shortie
- 11 Mar 2014 14:59
- 14626 of 21973
Well played Skinny, I keep losing my nerve today...
skinny
- 11 Mar 2014 15:02
- 14627 of 21973
Cheers Shortie - now where though.
A short will cost 21.7 points tonight!!!
Shortie
- 11 Mar 2014 15:08
- 14628 of 21973
Better be long then! or keep bets small... My last bet would have cost me £1085 to hold short tonight at that monster rate...
skinny
- 11 Mar 2014 15:11
- 14629 of 21973
Maybe add to DLG then - I took a SB on them earlier just in case :-)
Shortie
- 11 Mar 2014 15:19
- 14630 of 21973
So 21.7 points on the FTSE and 12.4 on DLG hedges 9.3 exposure on FTSE holding short or why not be long and collect 34.1pts... Support does seam to be holding... I've taken a sb in DLG also just in case
skinny
- 11 Mar 2014 15:21
- 14631 of 21973
Others to consider BATS @97p & COST @7.75p.
skinny
- 11 Mar 2014 15:22
- 14632 of 21973
Posts crossed - yes maybe long for once on a Tuesday - might feel strange!
Shortie
- 11 Mar 2014 15:28
- 14633 of 21973
I'll second that, trading has felt strange for the last week, I've been trying to catch small runs of 10pts at a time with large bets... Try something new and different I thought, for a change..
Shortie
- 11 Mar 2014 16:03
- 14634 of 21973
On DLG I wonder if RBS has sold its holding yet as announced 28/02 or if it'll wait until tomorrow to dispose of stock. Also worth noting is the groups downbeat comments on UK Motor pricing and housing insurance claims. No doubt after tommorrow we'll see a de-rating in the shares.
skinny
- 11 Mar 2014 16:05
- 14635 of 21973
You mean sod's law!
I've just applied for some Petsathome shares - deadline 5pm.
Shortie
- 11 Mar 2014 16:31
- 14636 of 21973
Good luck with those Skinny..