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
- 18 Feb 2016 18:42
- 20182 of 21973
don't know when that article was dated/timed, but SOUTH is the order of the day, and probably even more heavily tomorrow
my money and mouth are already married and may extend
Chris Carson
- 18 Feb 2016 18:50
- 20183 of 21973
That article is just opinion cynic, I'm still bearish.
cynic
- 18 Feb 2016 20:05
- 20184 of 21973
as i just wrote on advfn re eu negotiations....
it most certainly worries me that i cannot see uk regaining any meaningful rights to block legislation and similar that are not in the country's interest - interestingly, germany seems to have such a safeguard via its constitution; nuts!
nothing to do with trust, but a view of what might be achievable - or indeed might have been achievable by anyone
cynic
- 18 Feb 2016 20:07
- 20185 of 21973
just shorted DOW 16454
cynic
- 19 Feb 2016 08:25
- 20186 of 21973
limit up at 16,405 b4 bedtime :-)
==============
amazed that markets are positive this morning given the news (nonsense) coming out of brussels
Stan
- 19 Feb 2016 08:48
- 20187 of 21973
Yes me to, but early days so to speak.
Claret Dragon
- 19 Feb 2016 12:13
- 20188 of 21973
50DMA was about the hıgh of the rally for now.
cynic
- 19 Feb 2016 18:11
- 20189 of 21973
shorted DOW at 16,378 but as i can't be glued to the screen, have set limit at 16,305
=================
missed making a small profit on DOW but got out at b/e
Stan
- 19 Feb 2016 21:39
- 20190 of 21973
Fts come up trumps again for me today.
cynic
- 20 Feb 2016 09:36
- 20191 of 21973
on short tack i presume ..... not at all sure what monday will bring ..... modest applause i'ld guess though it may not have longevity
Stan
- 20 Feb 2016 13:12
- 20192 of 21973
Presumption correct, in and out has been working well for me since Dec.
cynic
- 20 Feb 2016 13:29
- 20193 of 21973
your prediction for the direction on monday?
shan't hold you to it, i promise :-)
Stan
- 20 Feb 2016 13:34
- 20194 of 21973
I don't do predictions these days (got it wrong to often in the past) so I now tend to like to know what has happened O/night from the far east. Only then does it give me some room for consideration.
Claret Dragon
- 20 Feb 2016 13:54
- 20195 of 21973
Between now and June the EU carve up ıs not goıng to help FTSE ıf we get a few polls showıng Leave!!!!!!!!!!!!
cynic
- 20 Feb 2016 14:05
- 20196 of 21973
what about monday morning? :-)
Claret Dragon
- 20 Feb 2016 14:20
- 20197 of 21973
By the close I reckon we wıll be lower.
cynic
- 20 Feb 2016 14:41
- 20198 of 21973
and to open or say within first 30 minutes?
Claret Dragon
- 20 Feb 2016 14:51
- 20199 of 21973
Down after 30 mıns.
cynic
- 20 Feb 2016 14:55
- 20200 of 21973
i'm getting to that conclusion myself not least because uncertainty continues and could even become more acute
Chris Carson
- 20 Feb 2016 15:57
- 20201 of 21973
You can guess direction to your hearts content, ultimately to no avail, even if overnight the Asian Indices have a stormer Stan.. UKX will follow the Dow, the worlds largest Casino :O)