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
Chris Carson
- 11 Feb 2016 09:08
- 20076 of 21973
cynic - His credibility is legendary LOL!!!
HARRYCAT
- 11 Feb 2016 09:14
- 20077 of 21973
CEY, FRES & RRS have all done very well over the last two weeks.
cynic
- 11 Feb 2016 09:15
- 20078 of 21973
yes, he does like to call that he never makes a cock-up ..... rather like MRSI (mentor)!
that said, he does come up with some interesting stuff
jimmy b
- 11 Feb 2016 09:29
- 20079 of 21973
mentor has not been seen since he called everyone an idiot for doubting his penny stock picks that fell by 50% .
KEAYDIAN
- 11 Feb 2016 09:34
- 20080 of 21973
I read somewhere last week that we could possibly go down to 5400.
cynic
- 11 Feb 2016 09:53
- 20081 of 21973
indeed - sticky for all his manyfold faults, is not abusive of others when they disagree with his suggestions or analysis - very much unlike mentor!
cynic
- 11 Feb 2016 10:55
- 20082 of 21973
the markets, having been totally shell-shocked at the open, are now making a shaky attempt at recovery ..... let's hope that further severe relapse is not on the cards
jimmy b
- 11 Feb 2016 11:07
- 20083 of 21973
I'm still wanting to go long for the bounce at some point but when ?
i nearly left a buy order to get filled in the night at a cheeky 5550 ,however that wouldn't have looked so clever or cheeky this morning would it .
Claret Dragon
- 11 Feb 2016 11:21
- 20084 of 21973
A sorry mess.
HARRYCAT
- 11 Feb 2016 11:26
- 20085 of 21973
5400 not such a dumb idea keaydian.
Take your pick........anywhere from here down to 5000!
cynic
- 11 Feb 2016 11:30
- 20086 of 21973
5550 would just be in the money as i write
across the pond, 15,600 is holding but bouncing no higher than about 15,660 before falling back again
cynic
- 11 Feb 2016 11:55
- 20087 of 21973
this'll be great for nerves in US as well ......
Twitter share price nosedives on news it is losing users
Price of stock falls 13% in after-hours trading after hitting an all-time low earlier this week on news its number of monthly users has stopped growing entirely
cynic
- 11 Feb 2016 12:18
- 20088 of 21973
all markets looking weak once more
cynic
- 11 Feb 2016 12:41
- 20089 of 21973
violent volatility of the markets self-apparent
DOW spiked down to 15,560 (glad i missed that!) but is now back to 15,640 and FTSE is back over 5,550
jimmy b
- 11 Feb 2016 13:31
- 20090 of 21973
Well are you feeling brave cynic ?
cynic
- 11 Feb 2016 14:01
- 20091 of 21973
not for now ...... DOW continues to get dizzy at ~15,560 but looking slightly firmer for choice ...... fluked a small 35 point profit earlier
interesting to see quite how badly DOW opens - ie after 10 minutes, will it be higher or lower than say 15,650?
cynic
- 11 Feb 2016 15:43
- 20092 of 21973
DOW sadly, looking very much like yesterday ....... a respectable early recovery, only to fall away once more
however, good to see FTSE still holding quite well above 5,500 though above 5,600 would give greater comfort
jimmy b
- 11 Feb 2016 15:50
- 20093 of 21973
Iv'e been in and out of FTSE grabbing a few points here and there ,playing for bigger stakes and fewer points.
It's terrible this fall for stocks .
HARRYCAT
- 11 Feb 2016 16:12
- 20094 of 21973
Don't get too distressed jimmy. We have been here before and most stocks do recover given time. If you can afford to sit tight with your stocks and don't panic sell, then just look at your losses as a notional figure.
jimmy b
- 11 Feb 2016 16:21
- 20095 of 21973
HARRY , i have luckily got some decent dividend paying stocks so i will do exactly that.
I shall also be looking for bargains .