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
splat
- 20 Aug 2015 15:47
- 18346 of 21973
I'm also long Dow at 17,121
splat
- 20 Aug 2015 16:02
- 18347 of 21973
Out at 17,168
splat
- 20 Aug 2015 16:20
- 18348 of 21973
Toe redipped at 17,118
cynic
- 20 Aug 2015 16:22
- 18349 of 21973
beat me to the question :-)
cynic
- 20 Aug 2015 21:15
- 18350 of 21973
f'ing hell!!!!!
Dow dumped a further 100+ in the last 10 minutes of trading = down 350 on day
currently 16,960
Chris Carson
- 20 Aug 2015 21:30
- 18351 of 21973
Language Timothy! LOL!!!
jimmy b
- 20 Aug 2015 21:36
- 18352 of 21973
I think it calls for a bit Effing and blinding !!
Who's going to call the bounce cause it's coming ,just when is the big question ?
Claret Dragon
- 21 Aug 2015 06:23
- 18353 of 21973
Another very bad day.
6100 looks like the next major line in the sand.
cynic
- 21 Aug 2015 07:33
- 18354 of 21973
cash DOW currently 16,850 ..... you have read that correctly
cash FTSE currently 6,273 which down near enough 100
cynic
- 21 Aug 2015 07:48
- 18355 of 21973
very very difficult, and therefore one should almost certainly do nothing - ie stick your head in a bucket!
jimmy b
- 21 Aug 2015 08:10
- 18356 of 21973
I think you mean DOW cynic ...
This is relentless ..
cynic
- 21 Aug 2015 08:12
- 18357 of 21973
:-)
splat
- 21 Aug 2015 08:17
- 18358 of 21973
Hmmm! That's cocked things up a bit. All this volatility makes for better short-term trading opportunities however....
Stopped out Dow last night -75 @ 17,043
Claret Dragon
- 21 Aug 2015 08:20
- 18359 of 21973
Made a small amount yesterday on the trade post 18344. Not in long on that one.
Going to see what happens over the weekend before stepping in again.
cynic
- 21 Aug 2015 09:32
- 18360 of 21973
FTSE
6310 resistance cleared with ease, so if DOW reflects this recovery, getting back above 16,970 (i would like a LOT higher!) and holding, then just maybe we'll have a few days respite or even better
cynic
- 21 Aug 2015 11:30
- 18361 of 21973
all looking very flakey once again
HARRYCAT
- 21 Aug 2015 12:05
- 18362 of 21973
.
cynic
- 21 Aug 2015 14:30
- 18363 of 21973
time to hide behind the sofa as Dow collapses again just before the open, taking FTSE with it
Claret Dragon
- 21 Aug 2015 14:43
- 18364 of 21973
Sell in May and go away was the right call for this year.
cynic
- 21 Aug 2015 14:51
- 18365 of 21973
for me, until the last couple of weeks, def not so