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
- 13 Jun 2014 11:15
- 15842 of 21973
Bugger!!
Shortie yes.
Shortie
- 13 Jun 2014 11:22
- 15843 of 21973
Cynic, I've never read the entrails... I was following you on the DOW, mind you i did close a position yesterday for a small profit, and been shorting it @ 100 pts intervals from 16494 as it was rising...
hilary
- 13 Jun 2014 11:55
- 15844 of 21973
Skinners,
If chunnel ever reached 12,502.6, I might be inclined to short it myself.
:o)
For now though, I'm happy to take the other side of your trades if you're looking to add.
skinny
- 13 Jun 2014 11:57
- 15845 of 21973
Hils - dots commas decimal places heyho :-)
on edit - I'm short the FTSE again - numpty for closing really.
Shortie
- 13 Jun 2014 12:08
- 15846 of 21973
Have you got ichy fingers now things are turning blue Skinny...
skinny
- 13 Jun 2014 12:18
- 15847 of 21973
Shortie - 6,736 - 6,740 looks possible today?
Figures @1:30 and 2:55.
jimmy b
- 13 Jun 2014 12:19
- 15848 of 21973
What s turning blue ? nothing on my lists..
cynic
- 13 Jun 2014 12:22
- 15849 of 21973
my dow short is doing me proud - phew!
BG is also performing well against the trend
skinny
- 13 Jun 2014 12:37
- 15850 of 21973
Closed for now +10.
cynic
- 13 Jun 2014 13:12
- 15851 of 21973
closed one dow short for +165 as did not want that fritter away
jimmy b
- 13 Jun 2014 13:13
- 15852 of 21973
I'll be surprised if the DOW isn't down again this afternoon .
skinny
- 13 Jun 2014 13:30
- 15853 of 21973
cynic
- 13 Jun 2014 13:32
- 15854 of 21973
jimmy - i still have arguably too much exposure to dow on the short side, which is why i banked that very profitable position
jimmy b
- 13 Jun 2014 13:38
- 15855 of 21973
Sure , what do you think this afternoon red or blue ?
cynic
- 13 Jun 2014 13:44
- 15856 of 21973
still odds-on red i'ld have thought - see 15840
skinny
- 13 Jun 2014 13:46
- 15857 of 21973
Shortie
- 13 Jun 2014 15:26
- 15858 of 21973
I've also taken some profits on todays dip. Currently average on DOW 16649.7, on DAX 9897.8 and 6736 on FTSE... Closed Nikkei at lunchtime slightly down.
cynic
- 13 Jun 2014 15:27
- 15859 of 21973
my average is now 16637, but of course it was higher than that before banking that nice profit
skinny
- 13 Jun 2014 16:08
- 15860 of 21973
Short @6790.3 - because I feel exposed not having a short!
Shortie
- 13 Jun 2014 16:20
- 15861 of 21973
Think I'll wait for 68...
Have taken another position in Wall St now average 16699.8, so much for a crash...
Also I was surpirsed by the Syria comment in the below statement...
US President Barack Obama said he did not "rule out anything because we do have a stake in making sure these jihadists are not getting a permanent foothold in Iraq, or Syria for that matter".
http://www.bbc.co.uk/news/world-middle-east-27834462
I'm sure the weapons manufactures are getting ready for global orderbook.