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
Stan
- 10 Mar 2016 15:20
- 20363 of 21973
Well don't look at me.
2517GEORGE
- 10 Mar 2016 15:25
- 20364 of 21973
Sorry Stan but you WILL be included, nice to share ain't it.
2517
cynic
- 10 Mar 2016 15:29
- 20365 of 21973
as they say, a problem shared is a problem doubled
Stan
- 10 Mar 2016 15:29
- 20366 of 21973
Nop! I've given enough it's all yours.
Stan
- 10 Mar 2016 15:31
- 20367 of 21973
Ah Alf, a very generous person.. he can pay my wack.
Stan
- 10 Mar 2016 15:37
- 20368 of 21973
Gold's up.
2517GEORGE
- 10 Mar 2016 15:48
- 20369 of 21973
By having low or negative interest rates the central bankers reason that people will spend money, however the opposite is happening, just look at Japan. What the CB's are really engineering is a depression.
With that in mind we are told if we LEAVE the EU inflation will return to the UK, bring it on I say.
2517
cynic
- 10 Mar 2016 15:49
- 20370 of 21973
and that tells you quite a bit
the markets reflection will be what has been known (or at least i have been saying) for ages, that eurozone economies are shot to pieces and the chinese gdp numbers are lies ...... though their steel and similar factories may still be churning at almost full pelt, no one wants the end-product so its just dumped
ahoj
- 10 Mar 2016 15:54
- 20371 of 21973
Market don't like Draghi. So no surprise they fluctuate.
Why Euro is up then?
jimmy b
- 10 Mar 2016 15:54
- 20372 of 21973
I think the DOW'S on a , you dare trade me and i'll do the unexpected .
cynic
- 10 Mar 2016 16:00
- 20373 of 21973
FTSE
diving below 6100 though 6030 is actually much more critical
DAX
now looking in deep shit having crashed though 9700/9680
DOW
back below 17,000 again - it hopped about there yesterday
S&P
this is arguably the most important
1980 is the key number to watch, but that has been holding consistently for at least a few days
2517GEORGE
- 10 Mar 2016 16:09
- 20374 of 21973
'' that eurozone economies are shot to pieces'' In addition their banks have also not done enough re their debts, I think they are in total denial.
2517
cynic
- 10 Mar 2016 16:12
- 20375 of 21973
as i posted, i've been saying it for ages
Stan
- 10 Mar 2016 16:16
- 20376 of 21973
Never mind all that, when's the Ftsie going up or down and by how much?
cynic
- 10 Mar 2016 16:35
- 20377 of 21973
you mean you expect an opinion when you won't give yours on the referendum? :-)
as i wrote above, watch for 6030
cash FTSE is now just at that level, but it'll be after say the first hour's trading tomorrow that will give the clue
my guess is down, down, down ...... but then i've been saying that for a while now as i see nothing to get cheerful about
Stan
- 10 Mar 2016 16:36
- 20378 of 21973
Oh how very childish.. how old are you?
cynic
- 10 Mar 2016 16:39
- 20379 of 21973
old enough to be your father and probably even your grandfather!
Stan
- 10 Mar 2016 16:46
- 20380 of 21973
Yes Dad.
Chris Carson
- 10 Mar 2016 17:02
- 20381 of 21973
Gone long Ftse @ 6047, won't hang around stop 10 pips. Just love the yanks, two hands in front of their face peek a boo fooled you LOL!! Good sign of a counter rally when cynic goes mental :o)
Stan
- 10 Mar 2016 17:04
- 20382 of 21973
To late he already is -):