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
jimmy b
- 05 Aug 2014 16:44
- 16161 of 21973
I hope your doing well Rocky .. I'm sure we are due a big bounce at some point .
Rocky
- 05 Aug 2014 16:50
- 16162 of 21973
Stopped out -8. Will watch and wait for now. Keep powder dry etc.
Rocky
- 05 Aug 2014 17:39
- 16163 of 21973
Shorting the rallies seems to be the way to go on the DOW at the moment. Had a small dabble @ 16491
cynic
- 06 Aug 2014 07:55
- 16164 of 21973
i'm out fully too, but a rather more painfully as i was out to dinner when the bottom fell out :-(
HARRYCAT
- 06 Aug 2014 07:57
- 16165 of 21973
.
Shortie
- 06 Aug 2014 10:08
- 16166 of 21973
DAX 9050 gone long, second position.
Rocky
- 06 Aug 2014 10:43
- 16167 of 21973
Stopped out of DOW short last night for +76. Where to today?
skinny
- 06 Aug 2014 10:55
- 16168 of 21973
I'm long FTSE @6610.1.
S3 was 6605.03 (low stamped 6606.16).
Shortie
- 06 Aug 2014 10:56
- 16169 of 21973
debating a long FTSE position myself
skinny
- 06 Aug 2014 11:34
- 16170 of 21973
Added @6596.1.
cynic
- 06 Aug 2014 11:39
- 16171 of 21973
looks quite brave as the market is almost in freefall
Shortie
- 06 Aug 2014 13:45
- 16173 of 21973
DAX 9050 closed at 9073.8 for +23.8.. One position from yesterday remaining.
skinny
- 06 Aug 2014 15:08
- 16174 of 21973
Closed 6596.1 @6628.1 +32
Edited!
cynic
- 06 Aug 2014 15:31
- 16175 of 21973
quite surprised you closed out, but well done
did you mean the numbers you quoted? .... you can't mean 6528 as ftse never dropped anything like that low
meanwhile, dow is having a tentative attempt at a rally, though whether it will last the day remains to be seen.
mind you, that index has dumped an awful lot and the greed/fear is set at 5 (extreme fear in the extreme!), so perhaps at least a sharp bounce is on the cards ..... even so, we're still a long way short of a key hurdle of 16550
cynic
- 06 Aug 2014 16:08
- 16176 of 21973
ah well; just recouped a good slab of my dow loss of last night
arguably got out a bit early at 16470, but index was looking to be struggling a little
shall now wait to see what happens as 16500 approaches, as there may be a chance for a quick short trade at that juncture
Rocky
- 06 Aug 2014 16:15
- 16177 of 21973
Small short DOW @ 16475
P.S. Well done Skinny
skinny
- 06 Aug 2014 16:24
- 16178 of 21973
cynic - now edited - still long from 6610.1.
Thanks Rocky.
Rocky
- 06 Aug 2014 17:02
- 16179 of 21973
Stopped out +11