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
- 14 Apr 2014 16:48
- 15214 of 21973
:-)
cynic
- 14 Apr 2014 17:34
- 15215 of 21973
decided i had better things to do this evening, so just closed dow long at 16162 (+37)
Shortie
- 14 Apr 2014 17:34
- 15216 of 21973
Looking at this I'll leave it alone for now.
cynic
- 14 Apr 2014 17:36
- 15217 of 21973
i certainly don't trust this market to stay buoyant, for ukraine is far too volatile and dangerous by half
Shortie
- 14 Apr 2014 17:40
- 15218 of 21973
The Ukraine and Russia have always been dangerous though. FTSE, DAX, CAC all finished above support today, if it extends tomorrow then the buying could be back on.
cynic
- 14 Apr 2014 17:51
- 15219 of 21973
dow may have a further 50 points or so to rise before it hits anything serious, but i am still happy to have banked a couple of respectable profits today
ukraine/russia was all quiet if not exactly cordial until a few weeks ago when putin decided to play macho-man yet again
what happens next is anyone's guess - and markets don't like that
cynic
- 14 Apr 2014 20:10
- 15220 of 21973
not so dumb ..... dow well off highs
cynic
- 15 Apr 2014 10:26
- 15221 of 21973
all slowly glugging south ..... another day to sit on hands
cynic
- 15 Apr 2014 13:01
- 15222 of 21973
a flurry of excitement for cash dow implies decent numbers from coca cola and johnson & johnson
Shortie
- 15 Apr 2014 13:14
- 15223 of 21973
6583.8, small dabble long.
Shortie
- 15 Apr 2014 13:16
- 15224 of 21973
Skinny, whats the overnigt yield on the FTSE?
Shortie
- 15 Apr 2014 14:12
- 15225 of 21973
skinny
- 15 Apr 2014 15:10
- 15226 of 21973
3.2 points.
Shortie
- 15 Apr 2014 15:11
- 15227 of 21973
Cheers Skinny
cynic
- 15 Apr 2014 15:16
- 15228 of 21973
dow - time to short?
whizzed up to 16,274 (resistance at about this level) and promptly retreated to ~16,200
hmm
Shortie
- 15 Apr 2014 15:25
- 15229 of 21973
Not a clue now, upward channel broke...
cynic
- 15 Apr 2014 15:38
- 15230 of 21973
on dow?
going which way? ..... i'ld have thought south and certainly all pretty volatile at which you're much better at playing than me
Shortie
- 15 Apr 2014 15:47
- 15231 of 21973
Haven't touced the DOW, FTSE and DAX have my interest, below upwards channel on the FTSE broke 1 hr chart, it may correct 6551 and 6583 are both long positions I'm holding
cynic
- 15 Apr 2014 15:54
- 15232 of 21973
made a small profit long earlier and have now banked small profit (24 pts) short
Shortie
- 15 Apr 2014 15:59
- 15233 of 21973
Well done Cynic