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
- 17 Nov 2015 13:49
- 18916 of 21973
another rock n roll day
now challenging a DOW resistance at 17,550
next one is for FTSE must be 6,300 or thereabouts provided it holds above 6,250
jimmy b
- 17 Nov 2015 15:10
- 18917 of 21973
Funny day took a few points on DOW long , shorted FTSE but jumped ship just above evens , i think i best leave alone today .
cynic
- 17 Nov 2015 15:38
- 18918 of 21973
good job you got out of FTSE short!
your DOW long would or should still be looking good, though it has certainly hopped about a bit in this first hour of trading - currently +60 at 17,535
cynic
- 17 Nov 2015 19:37
- 18919 of 21973
it's starting to feel that the markets are running out of puff
am very inclined to go short but shall wait to see if DOW closes below 17500
cynic
- 18 Nov 2015 15:20
- 18920 of 21973
the markets are curious today (again!) ......
DOW is attempting to stage quite a strong rally, though it could well be stalling at 17,600
however, none of the european markets seem inclined to follow suit
jimmy b
- 18 Nov 2015 15:30
- 18921 of 21973
No i've done nowt except had another set to with the prick who is mentor...
I'm inclined to go long term for a FTSE rally between now and xmas
cynic
- 18 Nov 2015 15:42
- 18922 of 21973
well you shouldn't lie .... you know he'll find you out :-)
Claret Dragon
- 19 Nov 2015 13:13
- 18923 of 21973
Not traded this week. Surprised by the surge North again.
cynic
- 19 Nov 2015 13:17
- 18924 of 21973
everything i read, especially in my trade mags re shipping containers and the like, points to deepening gloom ...... but the markets don't want to believe it
cynic
- 19 Nov 2015 13:49
- 18925 of 21973
DOW looks that it may well open a bit softer having been +50 or so earlier
jimmy b
- 19 Nov 2015 13:51
- 18926 of 21973
I would be inclined to think the FTSE will step back a bit.
Don't know if i want to put my money where my mouth is today though .
cynic
- 19 Nov 2015 13:57
- 18927 of 21973
made money on a FTSE long this morning and am now short DOW at 17,740 but can watch quite closely here while doing some really boring office housework (aka scanning docs)
cynic
- 19 Nov 2015 14:12
- 18928 of 21973
out with 30 points (17710) but very likely i'll re-open that position
jimmy b
- 20 Nov 2015 14:58
- 18929 of 21973
Strange day DOW up 150 pts and FTSE / CAC etc don't want to go up with it .
cynic
- 20 Nov 2015 15:51
- 18930 of 21973
been in and out of both FTSE and DOW
am now long FTSE again and shall prob get back into DOW too
jimmy b
- 20 Nov 2015 15:54
- 18931 of 21973
Ha i'm short FTSE 6358 not expecting too many points .
jimmy b
- 20 Nov 2015 16:08
- 18932 of 21973
Out 6333.
cynic
- 20 Nov 2015 16:14
- 18933 of 21973
chuckle
i bought FTSE at 6347 and back in DOW at 17,861 ...... but banked some decent stuff earlier
jimmy b
- 20 Nov 2015 16:17
- 18934 of 21973
I'm not sure i would want to be long DOW right now after the week it's had but hope your right .
cynic
- 20 Nov 2015 16:21
- 18935 of 21973
i can keep watching, but certainly don't expect to get the 80+ i scored earlier
20 or so will do this time around unless it gets on a surge once more