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
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
Claret Dragon
- 30 Dec 2014 15:13
- 17245 of 21973
Bit of a pasting for FTSE 100 Today
Shortie
- 30 Dec 2014 15:17
- 17246 of 21973
No complaints here, still holding all my shorts..
Claret Dragon
- 30 Dec 2014 15:19
- 17247 of 21973
Cut too early
Hiram Abif
- 30 Dec 2014 15:22
- 17248 of 21973
DOW at all time high and good recent substantial gains in FTSE.
City and Institutional traders will be looking to take profits and crash the indexes also closing out for the quarter. Greece and post 2014 Q4 retail earnings could be the excuse they are looking for. There is more profit in 'saw tooth' index volatility than in straight lines indexes. (Cue shorters).
Probably crash will happen once bulk of traders and MMs are back early Jan 2015.
Cash is king ATM.
DYOR
HAb
cynic
- 30 Dec 2014 15:33
- 17249 of 21973
absolutely shortie, though my current dow short was new late last week
Dow now starting to crumble, so may extend the position
:-)
Shortie
- 30 Dec 2014 16:18
- 17250 of 21973
Hab,
I see no evidence that City and Institutional traders will be looking to take profits and crash the indexes closing out for the quarter... Honestly this statement is just madness, to further suggest that retail earnings and Greece would be an excuse to sell is also just crazy. Every large investor balances their risk, some investors may reduce holdings in certain places as risk weighs but wouldn't just sell out to crash an index on the basis of cost. You also state that "There is more profit in 'saw tooth' index volatility than in straight line indexes.... You state the obvious here, but fail to note the increased risk of trading one over the other. As for "Cash is King" well hasn't it always been!!
DYOR and think about it..!
Claret Dragon
- 30 Dec 2014 16:21
- 17251 of 21973
100 points down on FTSE 100. Santa certainly shot off early this year.
goldfinger
- 30 Dec 2014 21:34
- 17252 of 21973
Retail earnings off to a good start with NEXT today.
Have to say Shortie and Hab have both good points.
Historicaly the market goes tits up the first week of Jan ie from around the 7th. When big boys are back.
BUT this year the big boys are back next monday after 2 weeks off..........so be carefull.
jimmy b
- 31 Dec 2014 12:22
- 17253 of 21973
I'm done for today .. Happy and prosperous New Year to all