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
- 09 Feb 2016 14:53
- 20028 of 21973
All over the place again ..
cynic
- 09 Feb 2016 15:26
- 20029 of 21973
Wall Street will also be watching for the federal government's weekly crude inventories report at 10:30 am ET.
due in the next few minutes ...... wonder what effect if any, regardless of what the numbers are
jimmy b
- 09 Feb 2016 15:41
- 20030 of 21973
Who knows cynic ,it's mad .
cynic
- 09 Feb 2016 15:44
- 20031 of 21973
having had a little ponder, DOW has decided it didn't like the oil figures and is once again marching south towards 15,900
that level failed earlier and fell to 15,840 and then recovered to 16,000, so what this time?
jimmy b
- 09 Feb 2016 15:50
- 20032 of 21973
Don't ask me i was hoping you would know. I closed a FTSE long earlier for a small loss and would have been in profit a while later , do i go long now ? it's gambling at the moment so quite frankly any profit from the FTSE for me is luck .
Stan
- 09 Feb 2016 15:51
- 20033 of 21973
If in doubt stay out.
cynic
- 09 Feb 2016 15:53
- 20034 of 21973
dunno guv ...... i suppose if i was to play FTSE i'ld look for 5,600 to go long
jimmy b
- 09 Feb 2016 15:59
- 20035 of 21973
5600 has been hit .
cynic
- 09 Feb 2016 16:09
- 20036 of 21973
in that case, assuming it was within the last few minutes, i hope you were brave enough to hop on board, as it's now 5624 :-)
not since 14:15 or thereabouts methinks, and it then went up to about 5960!
Claret Dragon
- 09 Feb 2016 16:13
- 20037 of 21973
Oil prıce ıs nothıng new now. We know ıts low. The Banks are now begınnıng to take centre stage agaın.
cynic
- 09 Feb 2016 16:18
- 20038 of 21973
one looks with hindsight at the violent swings on the indices and the tempation is to think, cor, there was a bundle of dosh to be made there
unfortunately, it is only with hindsight that one can see where one should have got in and in what direction
as we all know, had we done so, we'ld invariably have got it arse-about! :-)
jimmy b
- 09 Feb 2016 16:26
- 20039 of 21973
No i have not it's too mad ,it swing violently in seconds.
cynic
- 09 Feb 2016 17:30
- 20040 of 21973
WTI (crude) has just dipped below $30
Claret Dragon
- 10 Feb 2016 04:34
- 20041 of 21973
Another burst upwards yesterday afternoon then shot down just as quıckly.
Long FTSE100 @ 5610
Not much convıctıon behınd ıt though.
jimmy b
- 10 Feb 2016 08:21
- 20042 of 21973
All over the place this morning again .
cynic
- 10 Feb 2016 08:25
- 20043 of 21973
was lucky enough to score 70 points on DOW long yesterday evening - bought at just below 15,900 .... in fact it could have been much more, but very thankful in any case
cynic
- 10 Feb 2016 08:56
- 20044 of 21973
just took a quick 25 points on DOW
i feel that i hould be looking for a point to short, but the market is being typically contrary
jimmy b
- 10 Feb 2016 09:02
- 20045 of 21973
Short , so you think the markets will keep falling ? can they and why ,some of the bank shares are almost looking like 2008 ,is the world economy really that bad .
cynic
- 10 Feb 2016 09:14
- 20046 of 21973
worth looking, but i think we are getting lower highs and lower lows which is never bullish
and to repeat for the umpteenth .... the eu referendum is galloping towards us and that will assuredly unsettle the markets
cynic
- 10 Feb 2016 10:33
- 20047 of 21973
FTSE has now bounced through 5,700 and (cash) DOW through 16,130
if these levels can held, then there is a good chance that the upward move will be extended
shame i took my profits so early :-)