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FTSE + FTSE 250 - consider trading (FTSE)     

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 - 13 Oct 2014 09:27 - 16490 of 21973

Lets hope just one person doesn't walk through Heathrow sneezing or it will be Armageddon .

Chris Carson - 13 Oct 2014 09:27 - 16491 of 21973

What!!! You saying the market is fixed skinny? SHURRELY NOT :0)

skinny - 13 Oct 2014 09:31 - 16492 of 21973

Yes sorry - I don't want to start malicious rumours! :-)

Chris Carson - 13 Oct 2014 09:37 - 16493 of 21973

:0)

cynic - 13 Oct 2014 09:52 - 16494 of 21973

the action in today's markets is why it is almost as scary to have stops as it is to have none

Shortie - 13 Oct 2014 09:53 - 16495 of 21973

Dax long position starting to look nice..

jimmy b - 13 Oct 2014 12:39 - 16496 of 21973

HARRY the US market is not closed today ??

HARRYCAT - 13 Oct 2014 12:51 - 16497 of 21973

So I see Jimmy. It was reported as being closed today by MoneyAM morning report. Very strange.
Next closure is Nov 27th.

skinny - 13 Oct 2014 12:55 - 16498 of 21973

Have a look here.

doodlebug4 - 13 Oct 2014 12:57 - 16499 of 21973

LONDON (MarketWatch) -- U.S. stock markets are open for trade on Monday, but bond markets are closed for the Columbus Day holiday. Trading in energy and metals futures is also business as usual. The next holiday for U.S. stock markets is Thanksgiving on Nov. 27. On Monday, however, Canadian stocks were closed for trade in observance of the local Thanksgiving Day. Japanese markets were also closed for a holiday.

skinny - 13 Oct 2014 12:59 - 16500 of 21973

Ok thanks.

cynic - 13 Oct 2014 20:35 - 16501 of 21973

markets just getting f*** stupid
managed to squeeze out a small dow long profit earlier, but suddenly it's down about 140

jimmy b - 13 Oct 2014 20:56 - 16502 of 21973

I'll put an extra letter in to that for you fu..... stupid
Irrational markets , i'm rearranging my trading head for shorting in future .

However at what point comes the huge bounce

cynic - 13 Oct 2014 20:59 - 16503 of 21973

dow closing down about 220 at about 13325
ftse cash down 50

Claret Dragon - 13 Oct 2014 21:04 - 16504 of 21973

Post 16325

jimmy b - 13 Oct 2014 21:09 - 16505 of 21973

Yes Claret they did look a little overcooked and could come off but not Armageddon !!

HARRYCAT - 13 Oct 2014 21:21 - 16506 of 21973

.

Claret Dragon - 13 Oct 2014 21:27 - 16507 of 21973

Not inferring we go off a cliff from here, Just see the same pattern starting as in 2007. Just the way it feels to me.

Fred1new - 13 Oct 2014 22:12 - 16508 of 21973

I hope you are wrong I am long.

What am I doing?

cynic - 14 Oct 2014 10:44 - 16509 of 21973

looks like another awful day dragging out before us
managed to scrape a small profit on a dow long o'night - more luck than judgement
other than that, little jolly apart from (for me) ASC and QPP
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