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
skinny
- 26 Jan 2015 12:39
- 17506 of 21973
I do often use limits, but on a share like CLIG, I wouldn't short it unless looking for a decent drop - not 10p - not worth the risk/reward. :-)
Stan
- 26 Jan 2015 12:41
- 17507 of 21973
Just looking at the day price I see what you mean.
cynic
- 27 Jan 2015 13:41
- 17508 of 21973
what's the excitement?
while i've been at the gym, i see the markets have dived
surely not just the blizzard warnings in usa
glad i'm short both dow and ftse
Shortie
- 27 Jan 2015 14:38
- 17509 of 21973
I'm staying short, that's one hell of a bear cross..
cynic
- 27 Jan 2015 15:45
- 17510 of 21973
i've got to whizz off, but from memory 17,300 on dow is the solid support and if that fails, 17,200
as i can't watch, i've closed out dow short at 17,302
no idea for ftse, though that is looking surprisingly solid under the circumstances
shall leave those short positions running
cynic
- 27 Jan 2015 22:04
- 17511 of 21973
dow
interesting evening by the looks of it - i was out to dinner
recovered sharply to a tad below 17500 and then fell back 100 points
however, after hours +74 probably on the back of fantastic results from APPL
no idea what tomorrow will bring
cynic
- 28 Jan 2015 15:44
- 17512 of 21973
hard work making a shilling or two today, though still think 17300 (dow) may be challenged again
Claret Dragon
- 28 Jan 2015 15:55
- 17513 of 21973
No trades running. Waiting for Janet Yellen to start talking in rhymes at 7.00pm. Then I might have a punt.
cynic
- 28 Jan 2015 20:17
- 17514 of 21973
after dithering about, dow has now headed firmly south and nearly has 17,300 in its sights once more
===========
small long at 17,306
if this level broken then perhaps down to 17,200
cynic
- 28 Jan 2015 20:43
- 17515 of 21973
chuckle ..... didn't expect that when i went for my shower; already 17220 .... time to add a few more
no loss overall as am relatively heavily short ftse from about 6800
============
did so at 17199.4
and now i'll sit and wait and perhaps even let them all run o'night
Claret Dragon
- 28 Jan 2015 21:19
- 17516 of 21973
Up on the day but gave a lot back in last 30 mins. A bit worrying for Dow to ship 300 points in last 2 hours. Cut all positions.
HARRYCAT
- 29 Jan 2015 07:53
- 17517 of 21973
.
cynic
- 29 Jan 2015 08:09
- 17518 of 21973
dow position almost back to b/e on the combined purchases
ftse in profit of course, and shall just sit with that for the moment but may cash in at least some later
Shortie
- 29 Jan 2015 11:45
- 17519 of 21973
Still holding FTSE shorts and EUR/GBP shorts, CHF tempting for a long position. NOK should get hit due to US crude inventory supplies in weekly data.
cynic
- 30 Jan 2015 11:01
- 17520 of 21973
got lucky and made good money on dow long positions (all now closed), and ftse shorts also in the money (still holding)
Balerboy
- 30 Jan 2015 11:59
- 17521 of 21973
will you control your relative on the afren board cynic.....;)
cynic
- 30 Jan 2015 12:22
- 17522 of 21973
would that i could even talk sense into young sticky; he really is an ass at times .... as for mentor, i've concluded that he's mental and have squelched him .... avoids or even evades the temptation of reacting to his abuse
Fred1new
- 30 Jan 2015 12:25
- 17523 of 21973
You are getting sensitive in your old age!
cynic
- 30 Jan 2015 12:31
- 17524 of 21973
not really, but he really is a tiresome fellow
sticky just gets his knickers in a twist every so often, usually without rhyme or reason
no idea why he's taken deep umbrage with me all of a sudden, but no doubt he's found some sort of reason even if misplaced
you'll note that i've never even squelched you :-)
Fred1new
- 30 Jan 2015 12:58
- 17525 of 21973
B, it!