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
- 11 Apr 2014 16:02
- 15178 of 21973
well done shortie ..... i'm running a small dow long from 16115 ..... it was a bit hairy for a bit but has now struggled into profit (16128) ..... assuredly shan't be greedy
Shortie
- 11 Apr 2014 16:18
- 15179 of 21973
Thanks Cynic, I'm debating a DOW position, +80 today wouldn't surprise me to close back on short term support.
Shortie
- 11 Apr 2014 16:21
- 15180 of 21973
The Dax is lagging -115 right now bucking the FTSE, Wall St trend.. Think I'll keep an eye on it.
Shortie
- 11 Apr 2014 16:24
- 15181 of 21973
cynic
- 11 Apr 2014 16:28
- 15182 of 21973
for the moment, i have closed dow for just +13, as it seems disinclined to do anything enthusiastic
Chris Carson
- 11 Apr 2014 16:33
- 15183 of 21973
well played shortie.
Shortie
- 11 Apr 2014 16:35
- 15184 of 21973
Thanks Chris.
Cynic, a profits a profit, well done..
Shortie
- 11 Apr 2014 16:40
- 15185 of 21973
9306 gone long on the DAX
cynic
- 11 Apr 2014 16:42
- 15186 of 21973
surely DAX is closed now, or does it run on and on rather like ftse when dow is operating?
Seymour Clearly
- 11 Apr 2014 20:16
- 15187 of 21973
Haven't played the Dow for years, managed a quick long for +14 but shouldn't have bothered - a scrap from the table really.
cynic
- 12 Apr 2014 08:21
- 15188 of 21973
and i'm very glad i didn't have a further dabble as i'm sure i'ld have gone long
shortie is the whizz for this sort of thing, but i think the dow, and thus all other markets, could still have a long way to fall - i.e. 15,000 or thereabouts
even if that is the case, then it will not of course be in a straight line, and if putin finally stops his macho-imaging (not too hopeful about that), then the game could quickly change back again
Shortie
- 14 Apr 2014 09:16
- 15189 of 21973
Gald I closed the DAX Friday pm, got out at just under break even. I have no positions in indicies at the moment.
Cynic - DAX runs on with the FTSE after the close whilst other indicies such as the DOW are live.
Chris Carson
- 14 Apr 2014 09:22
- 15190 of 21973
Scalped a quick Ftse short out @ 6526.9 +16.50. That's me done for the day..
cynic
- 14 Apr 2014 09:41
- 15191 of 21973
too dangerous and scary, so am just sitting on my hands (i hope!)
cynic
- 14 Apr 2014 10:32
- 15192 of 21973
it's scary just sitting on the sidelines and watching ......
FTSE opened down about 20 and then recovered pretty much to b/e and is now down 50+
jimmy b
- 14 Apr 2014 10:48
- 15193 of 21973
Makes you laugh Putin shakes his fist and the stockmarket crumbles ,i did think we were going to have a bounce today .
I'm in deficit with several trades now ,i suppose you would call me a holder :)
cynic
- 14 Apr 2014 11:11
- 15194 of 21973
jimmy - that's a bit naive of you, but it's hard (too scary) to believe that it will all end in fisticuffs
meanwhile, because i'm a total arsehole, i have just opened a small dow long at 16033
Shortie
- 14 Apr 2014 11:12
- 15195 of 21973
6523.3 going long FTSE
Shortie
- 14 Apr 2014 11:23
- 15196 of 21973
6527.8 position closed. +4.5
cynic
- 14 Apr 2014 11:26
- 15197 of 21973
hope that was a VERY BIG punt for a measly 4.5 points :-)