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
- 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
cynic
- 22 Feb 2016 10:20
- 20227 of 21973
below are assorted headlines from FT ...... so who isn't reading the script?
Pound pummelled on Brexit fears
Sterling weakens after London mayor Boris Johnson backs Britain leaving EU
Brexit looms as shock for UK financial markets
Growth could be up to 7% lower, sterling and equities would fall
Stocks start week on positive note
Pound slides on ‘Brexit’ fears but miners help Footsie bounce
Big business backs Cameron’s EU push, HSBC cuts pay and Britain’s Atlantis
Bosses of about half of UK’s 100 biggest companies to declare support
Chris Carson
- 22 Feb 2016 10:24
- 20228 of 21973
It will go where it wants, It will go where it wantsssss
Dow Jones will go where it wants.
Stan
- 22 Feb 2016 10:32
- 20229 of 21973
I'm out in a bit and no position as no feeling one way or the other.
Chris Carson
- 22 Feb 2016 14:45
- 20230 of 21973
That's me Limited out long at target 6050. Now let's see how the Casino performs this aft. :0)
cynic
- 22 Feb 2016 14:47
- 20231 of 21973
i won't risk long, and fortunately i didn't short this morning either!
onwards and upwards looks absolutely nuts to me
jimmy b
- 22 Feb 2016 14:56
- 20232 of 21973
Yes , the other day it was all doom and gloom ,now we are on a roll ,what's happened ?
answer nothing .
cynic
- 22 Feb 2016 15:08
- 20233 of 21973
if anything, i'ld say the position has got worse insofar as the chances of an "out" vote must surely now be stronger
cynic
- 22 Feb 2016 15:35
- 20234 of 21973
FTSE 250
worth keeping an eye on this as of course it covers a far wider spectrum that FTSE 100
currently it's just about at its day's low, whereas FTSE 100 is at its high
jimmy b
- 22 Feb 2016 16:08
- 20235 of 21973
Really strange how markets have gone up ,i'll say it again maybe more people want out than you think ,i fully expected a down day .
Stan
- 22 Feb 2016 16:26
- 20236 of 21973
Don't forget that there is a wall of money in fund managers coffers that has to go somewhere, so any slight movement may be exaggerated because of this.
jimmy b
- 22 Feb 2016 16:28
- 20237 of 21973
And would they be throwing it in to the markets running up to a huge decision like the one we face ? i may be wrong on that who knows .