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
- 09 Apr 2014 08:52
- 15076 of 21973
accidentally closed yesterday's C+M Index position, albeit at a reasonable profit ...... meanwhile, I'm a bit uncomfortable that wall street still shows no great inclination to recover
skinny
- 09 Apr 2014 09:16
- 15078 of 21973
Closed @6,631.5 +65.5
Seymour Clearly
- 09 Apr 2014 09:37
- 15079 of 21973
Nice one Skinny! Beautifully judged.
edit - bought some RMG for my ISA @ 527.5 this morning. Fallen back significantly from the recent highs, and I think long term potential great.
Shortie
- 09 Apr 2014 09:50
- 15080 of 21973
Nice one Skinny...
skinny
- 09 Apr 2014 10:20
- 15081 of 21973
Cheers Chaps - slightly tarnished by ESUR overnight out -19 and +13.3 dividend.
Shortie
- 09 Apr 2014 10:27
- 15082 of 21973
Oh well, its the way the cookie crumbles sometimes as you know.
I'm holding two FTSE shorts now waiting for a retest of 6540ish @ 6585 and 6640
skinny
- 09 Apr 2014 11:00
- 15083 of 21973
I'm looking to short somewhere between 6646 - 6663.
Shortie
- 09 Apr 2014 11:10
- 15084 of 21973
I've missed a few plays waiting now, sods law though when you cover against and it keeps going.
Shortie
- 09 Apr 2014 11:30
- 15085 of 21973
Thankfully this thread has yet to be infected..
skinny
- 09 Apr 2014 11:36
- 15086 of 21973
What's you view on post 15077?
Shortie
- 09 Apr 2014 11:41
- 15087 of 21973
Yeah it does look like a Doji, 16250 however you can see shows some short term support so it's not anything out of the ordinary.
Shortie
- 09 Apr 2014 12:49
- 15088 of 21973
Fed minutes later and a 2 week high on gold... The suspense..
skinny
- 09 Apr 2014 12:50
- 15089 of 21973
Shortie
- 09 Apr 2014 13:12
- 15090 of 21973
You going short on the DOW Skinny?
skinny
- 09 Apr 2014 13:16
- 15091 of 21973
No - just watching it atm and hoping to short the FTSE slightly higher.
skinny
- 09 Apr 2014 13:56
- 15092 of 21973
Short @6652.5
skinny
- 09 Apr 2014 14:01
- 15093 of 21973
Hmmm - perhaps nearer 6663 might have been a brighter idea!
Seymour Clearly
- 09 Apr 2014 14:03
- 15094 of 21973
My timing is impeccable:
Bought RMG this morning first thing, lunchtime this appears;
Royal Mail plc (RMG.L) has been notified by Ofcom of the powers under which it will conduct its investigation into certain changes to Royal Mail's Access contracts, following a complaint by TNT Post UK. Royal Mail believes TNT Post UK's complaint is unfounded.
skinny
- 09 Apr 2014 14:22
- 15095 of 21973
Seymour - if its any consolation, it looks oversold and has bounced since the initial 'shock'.