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
cynic
- 14 Nov 2014 13:35
- 16738 of 21973
whatever it was and is, it looks like something of a damp squib with cash dow moving barely 10 points higher
HARRYCAT
- 14 Nov 2014 13:38
- 16739 of 21973
Take your pick!
"StockMarketWire.com
US import prices fall,
US core retail sales up."
Shortie
- 14 Nov 2014 16:25
- 16740 of 21973
No one posting as nothing really moving, now what does that tell you about the people that post here??
cynic
- 14 Nov 2014 16:27
- 16741 of 21973
dow has been unusually quiet .... it's moved in a range of about 30 points since this morning
HARRYCAT
- 14 Nov 2014 16:28
- 16742 of 21973
Conversely, nothing really moving and a certain other thread prolific with it's posts. What does that tell you about the people that post there? ;o)
doodlebug4
- 14 Nov 2014 16:39
- 16744 of 21973
HARRYCAT - I think you can tell that they like the sound of their own voices!!
Shortie
- 19 Nov 2014 11:26
- 16745 of 21973
6701 gone short
Shortie
- 19 Nov 2014 15:55
- 16746 of 21973
6683 position closed +18
splat
- 19 Nov 2014 16:14
- 16747 of 21973
Short Dow at 17, 670 and UKX at 6,690.
Shortie
- 19 Nov 2014 17:32
- 16748 of 21973
6700.5 short again
Shortie
- 20 Nov 2014 10:26
- 16749 of 21973
6655 closed +45
Shortie
- 20 Nov 2014 10:47
- 16750 of 21973
Looking oversold right now, quite a channel of support at the current level so may just be testing support pending a move higher.
cynic
- 20 Nov 2014 10:51
- 16751 of 21973
surely dow's direction is likely to influence heavily
Shortie
- 20 Nov 2014 11:03
- 16752 of 21973
Here's Wall St...
cynic
- 20 Nov 2014 11:10
- 16754 of 21973
i'm waiting to see if dow falls through 17600 and stays there
i've made a few shillings over the last week or so by trading against the 10 minute chart, but as i'm out for a few hours, assuredly shan't be chancing my arm during that time
Shortie
- 20 Nov 2014 11:17
- 16755 of 21973
With the thinning cloud a Wall St short doesn't look like a bad call right now, the problem being on Wall St is that current levels do have short term support as we've seen over the past week. A break of 17550 would support a short play better.
splat
- 20 Nov 2014 12:05
- 16756 of 21973
Just closed UKX @ 6,651 +39 and INDU @ 17,621 +69.
Will look to reshort on rebound.
splat
- 20 Nov 2014 12:07
- 16757 of 21973
Yes Shortie, we're either overdue some profit-taking or we are consolidating for a move higher I guess. (He said not committing himself!)