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
cynic
- 10 Sep 2015 15:54
- 18520 of 21973
made another small turn, but far too quickly - he said with 20/20 hindsight!
still, i have a couple of other dow longs running, though they're currently out of the money, but a lot less so than they were 20 minutes ago :-)
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would very much like to see ftse close back above 6200 but it still has about 25 points to go
cynic
- 14 Sep 2015 08:27
- 18521 of 21973
after a bit of a gloomy friday i am very pleasantly surprised to see FTSE having another dart at 6200
whether it can breach and hold is another matter
jimmy b
- 14 Sep 2015 16:45
- 18522 of 21973
FTSE looking interesting currently 6084
cynic
- 14 Sep 2015 17:06
- 18523 of 21973
bought a bit prematurely at 6100, but i hope won't prove to have been too rash
HARRYCAT
- 15 Sep 2015 08:56
- 18524 of 21973
.
jimmy b
- 15 Sep 2015 09:12
- 18525 of 21973
Heading towards 6000 again .
cynic
- 15 Sep 2015 09:19
- 18526 of 21973
or even a tad lower
however, my gut feeling - not necessarily correct - is that thursday will see no change in interest rates in usa, and thus are big surge, sustained or not
and if there is a very small rise, is that not effectively already discounted?
jimmy b
- 15 Sep 2015 09:25
- 18527 of 21973
Last time it went under 6000 we had a 350 point bounce .
jimmy b
- 15 Sep 2015 12:04
- 18528 of 21973
On it's way back got down as low as 6017 all depends on the DOW as well this afternoon i suppose .
cynic
- 15 Sep 2015 14:59
- 18529 of 21973
FTSE has really struggled today but has at last limped back north of 6100
it would be nice to have a good blue day on both sides of the pond
cynic
- 15 Sep 2015 15:41
- 18530 of 21973
too ambitious for today i'm sure, but ideally DOW needs to climb above 16,500 and, in due course, FTSE above 6,200
16,500 has proved pretty stubborn of late but with this early surge, there's just a chance that it will follow through and bust out
cynic
- 15 Sep 2015 20:11
- 18531 of 21973
woohoo!
never expected a GOOD day like today ...... glad i already had a couple of longs already in place, even though they've been a bit scary of late
cynic
- 15 Sep 2015 20:40
- 18532 of 21973
cashed in half Dow for +100 but have left all FTSE running as i'm pretty confident that that will whizz at least first thing tomorrow
jimmy b
- 15 Sep 2015 21:05
- 18533 of 21973
I couldn't be by my screen after 1 pm so couldn't play , annoying as i was going long FTSE ,should have gone long earlier at 6050. Got a couple of stocks running long though which is more my thing .
cynic
- 15 Sep 2015 21:16
- 18534 of 21973
i have "hold" stocks, but have been trading Dow and FTSE to a lesser extent almost exclusively ...... i've been quite disciplined and not thrown big money at it, but it can still be quite scary
cynic
- 16 Sep 2015 08:32
- 18535 of 21973
not unexpectedly, FTSE 6,200 has proved to be a hurdle, though it was breached for a couple of minutes about 15 minutes ago
managed to sell 1/2 FTSE long just below that as level was dropping for +96 ..... a nice start to the day :-)
jimmy b
- 16 Sep 2015 08:45
- 18536 of 21973
Doesn't want to go through that 6200 does it and now falling away.
cynic
- 16 Sep 2015 08:51
- 18537 of 21973
i still have a long position at 6200 placed when the market was heading south
always assuming fed indeed stays steady on interest rates as expected, it is not impossible that there'll be a renewed burst of energy
cynic
- 16 Sep 2015 16:42
- 18538 of 21973
DOW
stalled as expected at 16,700 so cleared balance of long just below that
yummy yummy - will def pay for dinner!
quite tempted to short as "no change" probably now accounted for, but not brave enough
FTSE
closed comfortably through 6200 and have left long running there from exactly that level - well 6200.2 if you want to be pedantic
cynic
- 16 Sep 2015 17:35
- 18539 of 21973
FTSE
changed my mind and banked nice profit at 6238
DOW
very small short running from 16,687 ...... slightly wrong call at the moment