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
- 12 Feb 2016 10:35
- 20100 of 21973
ditto with indices ..... might be ok if you're already in, even if just ameliorating running losses(!) but quite brave to open new except for quick trades
cynic
- 12 Feb 2016 11:59
- 20102 of 21973
go and annoy the NOWT thread with your tiresome cartoons
Claret Dragon
- 12 Feb 2016 14:14
- 20103 of 21973
Decent bounce after awful week. Hope we can get a bit more upside next week.
cynic
- 12 Feb 2016 15:07
- 20104 of 21973
S&P looking a little bit shaky, so i shall be keeping my eye on that
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since when, rocket boosters have been on and S&P has crept up through the important 1850 level ...... needs to hold
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overall, i still don't trust this market and am disinclined to throw in more money
jimmy b
- 12 Feb 2016 16:28
- 20105 of 21973
Well a good strong finish ,now what for next week , like you cynic i don't trust these bounces .
Chris Carson
- 12 Feb 2016 16:33
- 20106 of 21973
Me neither :0) Hunch not to buy Gold yesterday was correct (for now)
HARRYCAT
- 12 Feb 2016 16:34
- 20107 of 21973
Looking at the Forward Diary, Wed and Thurs next week look to be the most important data releases, both UK and US. No doubt something else will crop up to dampen my enthusiasm for Mon and Tues!
cynic
- 12 Feb 2016 16:34
- 20108 of 21973
i took a bit off the table earlier for a small profit on DOM ...... it was a bit too soon, but it's so easy to get sucked in and make some bad decisions
crude is up about 10% which while very nice, is seemingly without reason .... and that is a concern
also watching S&P and DOW very carefully, the former being the more important .... so far so good
Claret Dragon
- 12 Feb 2016 16:54
- 20109 of 21973
Oil rumour is cutting production.
Been said before and nothing happened.
Closed out for the week.
Been down but finished week up. Amazing really as I have made huge schoolboy errors.
Stan
- 15 Feb 2016 06:57
- 20110 of 21973
Looking like an early uptick to this week from Friday's gains.
cynic
- 15 Feb 2016 07:58
- 20111 of 21973
currently looking like a bit more than a tick ..... any known reason?
jimmy b
- 15 Feb 2016 08:07
- 20112 of 21973
Strange start on IG
Stan
- 15 Feb 2016 08:08
- 20113 of 21973
Some good news from Japan, China back from NY hols. are two of them.
Claret Dragon
- 15 Feb 2016 08:12
- 20114 of 21973
FTSE 100 locked for first 10 mins with CMC.
jimmy b
- 15 Feb 2016 08:13
- 20115 of 21973
Same with IG plus they still have a 5 point spread .
cynic
- 15 Feb 2016 08:13
- 20116 of 21973
saw the japan bit, but just as the collapse was puzzling, so is this sudden surge
arguably just bears being squeezed via automatic computer trading
it happens that i already held a small FTSE long over w/e - took profits on others on friday - but hard to judge whether or not to sell into the rally ..... hmm!
Chris Carson
- 15 Feb 2016 08:15
- 20117 of 21973
Cap spreads ditto 5 point spread, no sense of humour.
cynic
- 15 Feb 2016 08:21
- 20118 of 21973
hi chris ..... that spread may narrow (to 2?) after 08:30
"friend" at least didn't try to claim that he'd got out at the top with gold, but bet he isn't short either ...... silly old bugger he is!
Stan
- 15 Feb 2016 08:21
- 20119 of 21973
No Dow today C so will the fts keep up the good work on it's own? Would take the profit myself to be safe but.. who knows.