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
- 07 May 2015 13:39
- 17736 of 21973
cynic- your warm today :)
cynic
- 07 May 2015 13:50
- 17737 of 21973
thank you
i'm no whizz with charts other than the really basic ones nor other technical stuff, but i can easily keep a screen open while at the office - and still keep up with my work for clients :-)
i confess i have had a very good run of late, especially on the indices, but when they are this volatile, it isn't so difficult as long as one doesn't get too greedy
am tempted to dabble further this afternoon, but with levels as they are, i am uncertain in which direction we are likely to head
cynic
- 08 May 2015 07:47
- 17738 of 21973
phew!
saw the exit poll so dumped and reversed my small ftse short
tit-for-tat, i'm showing a minor loss, but that may well swing into profit later
Claret Dragon
- 08 May 2015 07:51
- 17739 of 21973
I cut yesterday at midday. Sat on my hands.
Wild gyrations this morning. Trying to trigger stops!!!!!!!!!
cynic
- 08 May 2015 07:56
- 17740 of 21973
i just got greedy in the late afternoon and tried to be too clever :-)
banked plenty during the day, even if nowhere near as much as had i had foresight - eg on dow
cynic
- 08 May 2015 08:14
- 17741 of 21973
have banked some juicy profits on Regus and Next as the market will be frothy for a while
i'll now be looking to see where to re-invest
cynic
- 08 May 2015 16:25
- 17742 of 21973
DOW
heading towards 18,200 at which point i'll place a small short
all time high is just below 18,300 and i don't expect to hit let alone breach that within the next few days and perhaps weeks
cynic
- 12 May 2015 09:53
- 17743 of 21973
yummy yummy! ......
shorted ftse last night at 7004 after dow close and am already short dow from 18181
neither are large positions, but more than compensating for the overall market drop
Claret Dragon
- 12 May 2015 10:59
- 17744 of 21973
Why the capitulation this morning?
cynic
- 12 May 2015 11:27
- 17745 of 21973
over-excitement last week :-)
HARRYCAT
- 12 May 2015 17:34
- 17746 of 21973
Apparently a 'Sell-off' in the Bond market and fears of a Greek exit.....again.
cynic
- 12 May 2015 18:29
- 17747 of 21973
now out of both short positions with very acceptable profits, albeit nowhere near the levels that had been on offer
however, very much still smiling
===============
am now tempting fate with a small DOW long at 18,095.4 as the fall seems to have petered out and a rally, even if brief, quite possibly on the cards
we shall see
cynic
- 14 May 2015 15:03
- 17748 of 21973
closed at 18183.8 (+88.4) as dow still refuses at the 18,200 hurdle
Claret Dragon
- 14 May 2015 15:31
- 17749 of 21973
Preparing for the short opportunity. Most probably next week now. No positions open.
Claret Dragon
- 18 May 2015 17:46
- 17750 of 21973
Dow stuck in treacle at these levels.
cynic
- 18 May 2015 17:55
- 17751 of 21973
i too have no index positions at the moment
cynic
- 19 May 2015 14:44
- 17752 of 21973
bit slow off the mark, so easily missed out when dow started to drop, but have just placed a small short at 1264.5 ...... hopefully not too bad a call, but we'll see
Claret Dragon
- 19 May 2015 15:25
- 17753 of 21973
Had a touch first thirty this morning on FTSE 100.
Need some news as there is no movement at all on Dow.
HARRYCAT
- 19 May 2015 17:22
- 17754 of 21973
.
cynic
- 26 May 2015 15:56
- 17755 of 21973
bugger!
got involved with other things and failed to short FTSE ..... never mind, very decent profit on dow short which i have now banked