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
Stan
- 14 Jan 2016 13:35
- 19551 of 21973
Re post 19540, I haven't traded either of them for 4/5 years but IMT was definitely better then BAT to trade, the reason escapes me at the moment.. that's if there was one of course.
cynic
- 14 Jan 2016 13:38
- 19552 of 21973
chuckle .... i bought BATS as sp was just nudging 200 dma (southwards) and i'm not looking to trade as they're in my sipp ...... anyway, 10p to the good so far :-)
==============
employment figures have been well enough received (whatever they were), but i also note that chinese futures are down again, putting that index back below 3,000
Stan
- 14 Jan 2016 13:46
- 19553 of 21973
10p is that all, would have been 20 if it had been with IMT.. (listen to uncle Stan) and before you ask no I don't know the next lottery numbers -):
cynic
- 14 Jan 2016 13:51
- 19554 of 21973
depends at what you price one managed to buy - chuckle :-)
Stan
- 14 Jan 2016 13:53
- 19555 of 21973
This is true.
jimmy b
- 14 Jan 2016 14:32
- 19556 of 21973
Here we go where to now ? this is starting to piss me off .
cynic
- 14 Jan 2016 14:40
- 19557 of 21973
typical of these markets ..... DOW has dropped nearly 100 in the first 10 minutes of trading
================
at least the cricket's pretty good to watch
cynic
- 14 Jan 2016 15:02
- 19558 of 21973
if 16,100 breaks, which it is currently trying to do, then i guess 16,000 is next stop
===========
so bang on queue, it bounces 150 points in a blink
made a quick 35 points and was glad to escape
cynic
- 14 Jan 2016 15:31
- 19559 of 21973
actually 200 point bounce in <20 minutes!
jimmy b
- 14 Jan 2016 15:40
- 19561 of 21973
What a weird market .
cynic
- 14 Jan 2016 15:40
- 19562 of 21973
horribly quiet at the moment ...... working on a deal to west africa, but pretty much got that sorted ...... but have always been unemployable
Stan
- 14 Jan 2016 15:40
- 19563 of 21973
Certainly moves about a bit.
Stan
- 14 Jan 2016 15:41
- 19564 of 21973
"horribly quiet at the moment ...... working on a deal to west africa, but pretty much got that sorted ...... but have always been unemployable ".. Does your employer know this?
Stan
- 14 Jan 2016 15:51
- 19565 of 21973
Footsie also coming back at last.
cynic
- 14 Jan 2016 15:58
- 19566 of 21973
missed a good chance to short dow at 16,380ish
too nervous
it's a resistance/support and has challenged several time in the last 20, and fallen back each time
2517GEORGE
- 14 Jan 2016 16:11
- 19567 of 21973
I've noticed that quite a few posters on here have the ability to move markets, RF; CC; myself and now Stan (post 565), problem is we send it in the opposite direction to our comment. lol
2517
jimmy b
- 14 Jan 2016 16:13
- 19568 of 21973
I can move markets big GEORGE ,just buy the stock and down it goes !
Wall St ring me every morning to see what i'm buying today.
2517GEORGE
- 14 Jan 2016 16:21
- 19569 of 21973
I forgot you also possess these qualities as well jimmy b. There's probably many others as well. Ha!Ha!
2517
Stan
- 14 Jan 2016 16:35
- 19570 of 21973
Every turn of the year I'm amazed that one or all of us are not included in the New Years honours list.