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
- 29 Apr 2016 08:15
- 20604 of 21973
agreed ...... dithering, i missed adding to short position at 18,030 in the late (uk) afternoon, so thought i'd missed my chance
never mind
Stan
- 29 Apr 2016 08:19
- 20605 of 21973
Thats the good thing at the moment, you can get it wrong but if you wait long enough it turns into a winner -):
cynic
- 29 Apr 2016 15:05
- 20606 of 21973
DOW
TIMBERRRRRRR!!!!!!!!!!!!!!!!!!!!
already down 130 and challenging 17,700 level ..... 17,775 was the important support level
if there's no recovery during the evening, there could be much blood on monday (not a hol in us)
Stan
- 29 Apr 2016 15:07
- 20607 of 21973
Very good news.
jimmy b
- 29 Apr 2016 16:06
- 20608 of 21973
I missed out on the DOW ,left it alone because oil kept going up.
cynic
- 29 Apr 2016 16:07
- 20609 of 21973
FTSE
remaining surprisingly solid, but that could be a distortion due to the preponderance of miners that have done quite well today
Stan
- 29 Apr 2016 16:16
- 20610 of 21973
Looks like my short will remain in place over the holiday unless the FT moves down before the close.
cynic
- 29 Apr 2016 16:21
- 20611 of 21973
DOW
now crashed through 17,700
will it stay that way?
Stan
- 29 Apr 2016 16:31
- 20612 of 21973
I hope not, ft did move down a bit at the end but not enough for me so holding over the W/E.
cynic
- 29 Apr 2016 16:32
- 20613 of 21973
of course you want DOW to stay below 17,700 .... if it does, FTSE will follow suit in due course
Stan
- 29 Apr 2016 16:34
- 20614 of 21973
Yes it does usually doesn't it.
Chris Carson
- 29 Apr 2016 17:24
- 20615 of 21973
FFS LOL!! Stan have you read Trading For Dummies? I can recite it page for page :0)
cynic
- 30 Apr 2016 17:25
- 20616 of 21973
when wall street closed last night .....
GOLD = $1293
unless this collapses on monday, surely tuesday must see some strong preformances from gold miners on FTSE
DOW = 17,775
this was a recovery of about 80 points
more importantly, this brings us back to a key level so it will be important to see which way trading goes on monday
FTSE = 6,258
still remaining within a very narrow and directionless trading range
cynic
- 01 May 2016 17:54
- 20617 of 21973
fwi, Sunday Dow (IG) currently showing -27 at 17,557
Stan
- 01 May 2016 20:04
- 20618 of 21973
Yes and be nice think it will keep going for Tue.
Claret Dragon
- 03 May 2016 06:41
- 20619 of 21973
Off the low from Frıday ın US. Reversal goıng back up to test hıgh agaın!!!!
Chris Carson
- 03 May 2016 08:55
- 20620 of 21973
Claret Dragon
- 03 May 2016 09:02
- 20621 of 21973
A bad start to May
Chris Carson
- 03 May 2016 09:14
- 20622 of 21973
cynic
- 03 May 2016 09:32
- 20623 of 21973
matter of opinion CD, i'm afraid
i'm short both DOW and FTSE though not in any significant amount, and glad i held my nerve yesterday evening when DOW decided to celebrate along with leicester
i remain of the opinion that world economies stink and that the markets are currently rushing along in blindfolds ....... we shall see