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FTSE + FTSE 250 - consider trading (FTSE)     

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 - 21 Feb 2016 11:34 - 20207 of 21973

The only certainty (or if you prefer odds on the markets going up or down) is that markets don't react positively to uncertainty and become erratic. No arguments there we are witnessing it.

There are a lot of companies reporting in the week ahead. In a Bull Market never easy, but generally if a stock produces good results and the dividend increases SP will rise until it becomes overbought and then will retrace to a support line whatever, rinse and repeat. And you can trade it up or down using the charts if you are so inclined. Or buy and hold. Horses for courses.

In this Market even if the criteria above is met, companies that produce good results get dragged down initially in line with the status quo of the Indices. Standard Life last week is a case in point, good results (imo.)

Fortunately I don't trade for a living (yet) so not dependant on the outcome either way. Trading Indices in this climate is based on fear and greed, news driven, bot driven etc. Good game, but ultimately gambling and at times of extreme volatility you dare not leave the screen. Fundamentally irrelevant, technically not impossible but erratic to say the least. Drives you mad :0) And come Monday morning 8am eyes down look in, toss a coin and hope you have got the direction right for more than ten minutes if your lucky! :0) Love it :0)

cynic - 21 Feb 2016 16:29 - 20208 of 21973

BORIS will campaign for "out" .... this will certainly set the cat among the pigeons, and the markets won't like it at all

Stan - 21 Feb 2016 16:41 - 20209 of 21973

Do you mean the FT100 or markets in general?

cynic - 21 Feb 2016 17:19 - 20210 of 21973

markets in general, though FTSE 100 and 250 in particular

Stan - 21 Feb 2016 18:06 - 20211 of 21973

Another shorting day then.

cynic - 21 Feb 2016 19:01 - 20212 of 21973

absolutely by the looks of it
you may be able to short from later his evening

Stan - 21 Feb 2016 19:26 - 20213 of 21973

I can only deal when the FT is open as I use a standard dealing account, my choice as I like do deal from one account and prefer at the moment to have it that way.

However I may in the course of time consider SB's and or CFD's.

cynic - 22 Feb 2016 07:39 - 20214 of 21973

extraordinarily, london is looking to open strong

Stan - 22 Feb 2016 07:46 - 20215 of 21973

Not necessarily:

FTSE100 is tipped to start the week in confident form, according to financial websites, reversing Friday's losses as forward momentum in Asian markets provides positive directional support. The EU referendum and oil prices remain key factors for investors.

jimmy b - 22 Feb 2016 07:59 - 20216 of 21973

Morning , i'm sure this will wobble give it time

cynic - 22 Feb 2016 08:29 - 20217 of 21973

i thoroughly agree .... i am truly amazed by FTSE strength this morning, which incidentally is mirrored in cash DOW

jimmy b - 22 Feb 2016 08:31 - 20218 of 21973

Me too ,surprised , maybe big business does want out of the EU :)

Chris Carson - 22 Feb 2016 09:02 - 20219 of 21973

Or maybe Asia and the good ol USA don't give a toss whether GB stays in or leaves. :0)

Hard to imagine, but what a result that would be LOL!!!

Chris Carson - 22 Feb 2016 09:40 - 20220 of 21973

Trying to second guess Mr or Mrs Market is a fools errand eh cynic. :0)

jimmy b - 22 Feb 2016 09:46 - 20221 of 21973

Although the FTSE has despite it's rise failed to get through 6000 several times .

jimmy b - 22 Feb 2016 09:46 - 20222 of 21973

Although the FTSE has despite it's rise failed to get through 6000 several times .

cynic - 22 Feb 2016 09:48 - 20223 of 21973

i think jimmy may be in accord with me, in saying that i remain unconvinced by this latest surge ...... no doubt i/we will be proved wrong

jimmy b - 22 Feb 2016 09:59 - 20224 of 21973

I am and i think a down bet is where i would go right now ,however i got stopped out pissing against the wind last week .

Chris Carson - 22 Feb 2016 10:06 - 20225 of 21973

Bit of a battle to break 6030 going on, gold getting stuffed together with the pound 6050 anyone? Down to the Dow my guess.

Chris Carson - 22 Feb 2016 10:16 - 20226 of 21973

Chart.aspx?Provider=EODIntra&Code=UKX&Si
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