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
Shortie
- 23 Dec 2014 10:00
- 17225 of 21973
cynic
- 23 Dec 2014 10:04
- 17226 of 21973
trading is so thin that almost anything could happen ..... accordingly have very happily closed my little dow long for +65
Chris Carson
- 23 Dec 2014 10:11
- 17227 of 21973
Shortie - I wouldn't bet on it just yet, those crazy yanks look determined even on low volume to go for a blow off top. I admit I am useless at trading the indices so I steer clear of even attempting to trade them. Good luck!
Shortie
- 23 Dec 2014 10:35
- 17228 of 21973
Well I decided this morning to take a good position short.. Numbers out later and OPEC have said they'll pump even if prices fall to rock bottom prices...
Hiram Abif
- 23 Dec 2014 15:13
- 17229 of 21973
DOW being set up for new year crash. Even with low oil $, fundamentals would not support DOW continued rise. The indices will still all probably crash Q1 - 2015.
Shut down over Xmas & New Year could be a risky time for the 'West', given all the Geopolitical tension around the World.
Longs bets turning to shorts as an insurance policy. Also still lots of Oil $ hedges to unwind in the market & close out.
DYOR
HAb
cynic
- 23 Dec 2014 15:17
- 17230 of 21973
i am very undecided so am currently sitting on my hands
Balerboy
- 23 Dec 2014 16:18
- 17231 of 21973
You sure it's your hands your sitting on......... with those old folgies christmas party places you never can tell...... lol. All packed up and ready for the off tomorrow morn. 21 degrees here we come......... YYYeeeeeaaaa hhhhaaaaa. :))
Shortie
- 23 Dec 2014 16:28
- 17232 of 21973
I wouldn't support that long bets ever turn to shorts as an insurance policy. If you want an insurance policy then you either hedge any downside risk if you believe the market has further to climb or move your money over the period.
goldfinger
- 23 Dec 2014 18:46
- 17233 of 21973
I think the DOW will go a lot higher ........................... over the next 10 days or so.
The Yanks have a lot of pride.
Claret Dragon
- 23 Dec 2014 18:53
- 17234 of 21973
No let up. 1000 points in a week.
tomasz
- 23 Dec 2014 20:48
- 17235 of 21973
why here so wrong...
deltazero
- 23 Dec 2014 22:47
- 17236 of 21973
ha ha well done everyone - cynic saw stan's picture 17218 - get a refund from your trainer - he saw you coming :-)
well done everyone
great stuff atm - russia / oil / usa / opec / banks et cetera - purrrrrrrrrfect
atb
deltazero
- 23 Dec 2014 22:48
- 17237 of 21973
nearly forgot the red bear is cornered........................without food
goldfinger
- 24 Dec 2014 03:00
- 17238 of 21973
DOW 19,000 anybody.........????
cynic
- 24 Dec 2014 09:04
- 17239 of 21973
today is looking to be very quiet as everything winds down
however, the last knockings of the year tend to be pretty lively but at some time, and possibly soon, there will be another big lurch south
nothing goes in one direction in a straight line
Chris Carson
- 24 Dec 2014 09:34
- 17240 of 21973
No shit cyners :0)
cynic
- 24 Dec 2014 09:45
- 17241 of 21973
i'ld like to have a little dabble at dow today, but shall wait until i get back from my walk
meanwhile, shall try to think what stocks (sectors) are likely to benefit in 2015
advertising (WPP) is an obvious candidate ..... already hold in my sipp but may also have some separately
some of the medium oilies - say AFR, TLW and PMO - could easily be t/o targets and are not unattractive anyway at their current low prices
goldfinger
- 24 Dec 2014 10:20
- 17242 of 21973
7th of January for a week is traditionaly the time the market sells off.....but just for one week then comes back strong the week after.
Shortie
- 24 Dec 2014 10:31
- 17243 of 21973
I'm staying short, have more than enough cover should the rally continue anyway..
Shortie
- 24 Dec 2014 10:37
- 17244 of 21973
Does anyone use tradingfloor.com