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
ptholden
- 27 Mar 2008 18:25
- 1557 of 21973
that's a washing powder isn't it?
bhunt1910
- 27 Mar 2008 18:42
- 1558 of 21973
pt - did you buy the dow on the bounce?
ptholden
- 27 Mar 2008 18:44
- 1559 of 21973
I'm afraid not
maggiebt4
- 27 Mar 2008 19:09
- 1560 of 21973
PTH Correct it was but also, only my opinion just remembered should be OIMO. First time shorting Ftse with real money nearly the last!!!!!!!!!!!!
Toya
- 27 Mar 2008 19:26
- 1561 of 21973
The ftse is just going completely loopy at the moment - so glad I closed my positions earlier.
bhunt1910
- 27 Mar 2008 19:36
- 1562 of 21973
Well I made money on the FTSE - then gave it all up on the Dow - when will I learn to stop
cynic
- 27 Mar 2008 19:45
- 1563 of 21973
sorry to be the harbinger of gloom, but Dow now looking very sick which does not augur well for the morning
explosive
- 27 Mar 2008 20:09
- 1564 of 21973
Does for me... Got a Wall St April future short and Wall St Rolling Bet also going short, the sicker the better. Intrestingly -8.75% FTSE 100 1yr, Nikkei -27.41% 1yr, FTSE 250 -13.84% 1yr & DOW -0.72% 1yr.... So over a 1yr benchmark the DOW is holding up very well compared to other indicies, too well I think...
cynic
- 28 Mar 2008 15:25
- 1565 of 21973
Dow .... from Signalwatch today ...... If 12,400 cannot be crossed with confidence, look for the index to test 12,100 soon.
several hours still to go, but little sign of any upward movement at all ..... not much sign of any movement in either direction for that matter
ptholden
- 28 Mar 2008 15:28
- 1566 of 21973
Indeed Richard................yawn :-O
bhunt1910
- 28 Mar 2008 15:36
- 1567 of 21973
well I have been shorting Ftse - with moderate success - but out atm. I am thinking of shorting again if it gets above 5710, dependent on what is happening with Dow.
Reaction to news on spending and income seems muted
required field
- 28 Mar 2008 16:14
- 1568 of 21973
Off topic...we haven't had any oil and gas companies being taken over lately....might be one in the majors sights....possible targets JKX...DGO..PMO..and sorts ?
bhunt1910
- 28 Mar 2008 17:48
- 1569 of 21973
I have only just noticed that the spread on the FTSE index is 6 points - I am sure it used to be 4 points - or does this only happen after the market has closed ??
explosive
- 28 Mar 2008 18:05
- 1570 of 21973
Spread is 6 after close and 4 during hours, applies to all indicies I believe but can't be sure as only trade uk and us indicies at present.
bhunt1910
- 28 Mar 2008 18:22
- 1571 of 21973
Thanks - although I notice that DOW is always 6 points both inside and outside of trading hours
ptholden
- 28 Mar 2008 18:37
- 1572 of 21973
DOW just bounced off one of my support lines at 12250, no doubt it will have another go quite soon; question is will it hold? Most analysts seem to think there is further to fall?
Edit: No position for me until it falls through.
ptholden
- 28 Mar 2008 18:50
- 1573 of 21973
Incidentally, since 3 o'clock the DOW has been in a perfect channel (down obviously) the next rally should falter at 12280 ish
maggiebt4
- 28 Mar 2008 18:56
- 1574 of 21973
IG Have a spread of 6 and a spread of 10 does anyone know why the difference?
ptholden
- 28 Mar 2008 18:58
- 1575 of 21973
4 on the DOW at the moment, will switch to 6 after the close. They also widen the spread at times of high impact news.
ptholden
- 28 Mar 2008 19:02
- 1576 of 21973
Right on the button, will it hold?