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
HARRYCAT
- 01 Mar 2016 08:36
- 20288 of 21973
.....and presumably towards the end of March, investors will be doing the same in order to get their tax gains/losses sorted for the year.
cynic
- 01 Mar 2016 08:39
- 20289 of 21973
impossible to judge anything at the moment
however, everything tells me that world economies remain in a horrible mess, so i'm definitely bearish for the rest of the year though there will inevitably be upward spikes too
cynic
- 01 Mar 2016 09:37
- 20290 of 21973
CHINA
i find the most worrying thing about china is that it continues to churn out millions or even billions of $ of heavy goods (steel and suchlike) that no one actually wants - so they dump it
in the meantime, though published manufacturing figures are a bit weaker, i'ld bet in real terms (you want; i produce) it's an awful lot lower
cynic
- 01 Mar 2016 11:17
- 20291 of 21973
Fed’s Dudley sounds warning on US economy
Key policymaker warns of increased risks to growth and inflation
China data signal deepening slowdown
Factory and services activity at lowest level since aftermath of global financial crisis
============
so in the light of the above, the markets surge - of course!
jimmy b
- 01 Mar 2016 11:18
- 20292 of 21973
Of course , wait for some good news for the market to dive.
jimmy b
- 01 Mar 2016 17:02
- 20293 of 21973
What's got in to the DOW?
cynic
- 01 Mar 2016 17:17
- 20294 of 21973
very good construction figures or somesuch ...... but like you, i remain gobsmacked
cynic
- 02 Mar 2016 09:57
- 20295 of 21973
after last night's rocket-surge, today looks to be quiet with perhaps some retrenchment
pays yer money etc
jimmy b
- 02 Mar 2016 10:20
- 20296 of 21973
I still don't get where the rise is coming from .
cynic
- 02 Mar 2016 10:22
- 20297 of 21973
from down there to up here :-))
jimmy b
- 02 Mar 2016 10:23
- 20298 of 21973
Very funny , you could have told me a week ago .
cynic
- 02 Mar 2016 10:27
- 20299 of 21973
wish i'd known myself ....... as already posted, it has to be totally nuts
Balerboy
- 02 Mar 2016 17:06
- 20300 of 21973
Just found this...... is this you cynic......
What is a Cynic? A man who knows the price of everything and the value of nothing - Oscar Wilde. ;))
cynic
- 02 Mar 2016 17:16
- 20301 of 21973
you mean, am i oscar wilde?
long dead if i am :-))
how are you dear boy?
got a brand new combine harvester yet?
btw, have you ever been to a pub called Tucker's Grave?
it's at Faulkland near Radstock
Balerboy
- 02 Mar 2016 18:37
- 20302 of 21973
No, not explored that area much..... if the pub is good will get down that way sometime. Foodie pub or real ale or both? We're all fine and no, no combine for me. ;))
Stan
- 03 Mar 2016 08:35
- 20303 of 21973
Markets performing as usual at the moment I see, taken a small short for my sins.
cynic
- 03 Mar 2016 08:38
- 20304 of 21973
FTSE
it certainly looks like a down day in prospect
from memory, 6120 is the key level here, and currently just hovering above it
==============
BB - Tucker's Grave is a very interesting and strange pub ...... there are only 10 of its kind left in the country ..... check it out on the web
most assuredly it's not a foody pub!
jimmy b
- 03 Mar 2016 09:49
- 20305 of 21973
This market still seems to have momentum.
Stan
- 03 Mar 2016 14:58
- 20306 of 21973
Get the feeling the Dow is going down and of course the FT "usually" follows, some bad news from Brazil was noted on the Radio about an hour ago did anyone else here about it as well.
jimmy b
- 03 Mar 2016 15:25
- 20307 of 21973
Don't tell me , the Brazilians have set sail for Britain .