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
jimmy b
- 15 Jan 2016 16:46
- 19616 of 21973
$10 oil dc are you stark raving bonkers ???
Stan
- 15 Jan 2016 16:47
- 19617 of 21973
I can see no end to the retreat unless a couple or 3 of Countries stop pumping or cut back substantially.
Stan
- 15 Jan 2016 16:48
- 19618 of 21973
Yes I think he probably is James -):
dreamcatcher
- 15 Jan 2016 16:49
- 19619 of 21973
Thought that would get a reaction. :-)) Get out in your car and use a bit more. We will have to buy gas guzzlers. lol
jimmy b
- 15 Jan 2016 16:50
- 19620 of 21973
Maybe we can end up like Venezuela 1p per gallon .
dreamcatcher
- 15 Jan 2016 16:51
- 19621 of 21973
If you two have the same judgement on here as for the ftse comp, I rest my case. :-))
dreamcatcher
- 15 Jan 2016 16:52
- 19622 of 21973
Petrol and diesel are not falling much in this neck of the woods. Shell still 104/105p ltr for diesel.
cynic
- 15 Jan 2016 16:55
- 19624 of 21973
thanks jimmy, but as i've already banked half for a decent number of points (not big enough to say decent profit!), i'm quite well covered against disaster
============
and in those 3/4 minutes DOW has dumped yet again
now down 415 points, so you can put money with mouth :-)
jimmy b
- 15 Jan 2016 17:03
- 19625 of 21973
I did and sold out within seconds for another 17 points .
I think i'll get caught out if i'm not careful here ,still running a FTSE long that's way down because i didn't use a stop .
HARRYCAT
- 15 Jan 2016 17:06
- 19626 of 21973
Yes dc......Shell certainly slow to move their price. 104/107 in Norfolk. Tesco petrol/diesel sub 100p.
dreamcatcher
- 15 Jan 2016 17:13
- 19627 of 21973
Yes Tesco are cheaper Harry. My view only, I always think they buy up the dregs. I compare their fuel to the likes of the old Jet filling stations.
jimmy b
- 15 Jan 2016 17:27
- 19628 of 21973
I'm in again 15885
..
cynic
- 15 Jan 2016 17:33
- 19629 of 21973
and still falling ...... now down 500 points
this really is insane
jimmy b
- 15 Jan 2016 17:36
- 19630 of 21973
FTSE after close now down another 54 points , DOW still going and oil down another 200 points ,mad !!
I shall probably get stopped out of this last one .
At some point we will have one hell of a bounce ..
Claret Dragon
- 15 Jan 2016 19:25
- 19631 of 21973
Not much to be positive about. I expect the markets price action will drop into the economy soon with job losses. Then the real damage will start. Hope I am wrong
cynic
- 15 Jan 2016 20:22
- 19632 of 21973
i had another DOW long at 16913 and got out of that +60 and even my 1st escapade at 17,044 may turn out ok too
nevertheless, all very scary indeed
cynic
- 15 Jan 2016 21:20
- 19633 of 21973
closed last position for -43, but overall a again of about 70 points on the 3 positions, so not bad i guess .... little money involved, but good for confidence and morale
HARRYCAT
- 16 Jan 2016 07:10
- 19634 of 21973
.
cynic
- 16 Jan 2016 09:21
- 19635 of 21973
as the song says ...... pick yourself up, dust yourself down and start all over again