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 Jun 2016 16:27
- 20798 of 21973
DAX
struggling to break 9600 and hold, so tomorrow may be a day to short it
HARRYCAT
- 29 Jun 2016 16:33
- 20799 of 21973
Ex-divi day tomorrow plus US unemployment claims figure. Otherwise not too much in the pipeline to worry about. However the bottom fishers over the last few days must be thinking time to take profits soon? Who knows, we are in uncertain times, but have put limit sells on my profitable stocks which will hopefully trigger before everyone else's do!
Claret Dragon
- 29 Jun 2016 16:39
- 20800 of 21973
Independence Day Monday ın USA.
Mıght see some taken off the table ınto Frıday. Who knows.
Plus yours truly's weddıng Annıverary. Cant forget that date easıly. Wıll have to take Mrs CD out of the Den for a few hours at least.
HARRYCAT
- 29 Jun 2016 17:12
- 20801 of 21973
Doesn't Mrs CD understand the Uk - Euro crisis at the moment. It's a time of uncertainty..a bit like your ability to pay for a night out...you could give that a try! ;o)
Claret Dragon
- 30 Jun 2016 05:34
- 20802 of 21973
See what I can do once I get back to the Laır. HC
Dow moves up agaın. No posıtıons currently.
Chris Carson
- 30 Jun 2016 08:16
- 20803 of 21973
jimmy b
- 05 Jul 2016 16:27
- 20804 of 21973
Short FTSE today but not much happening , anyone else surprised at the strength ?
cynic
- 05 Jul 2016 16:36
- 20805 of 21973
as mentioned b4, FTSE is o'weight with big comoanies with o'seas earnings
thus the likes of BATS and IMB and even RDSB become beneficiaries of weak £
meanwhile FTSE 250 has dumped another 2.37% (nearly 400 points) which is a better indicator
=================
for myself, i am short DAX and DOW
jimmy b
- 05 Jul 2016 16:49
- 20806 of 21973
Good point re weak pound , i have played the DAX however it moves quite viciously at times.
cynic
- 05 Jul 2016 16:54
- 20807 of 21973
it does indeed but my stakes are small
cynic
- 05 Jul 2016 18:42
- 20808 of 21973
keep an eye on the DOW this evening
it has just dropped through 17,800 so the key 17,750 supposed support is not far away
jimmy b
- 05 Jul 2016 22:08
- 20809 of 21973
And still we motor on ,i'm surprised ,doesn't look like the world is worried about Brexit.
Claret Dragon
- 06 Jul 2016 08:33
- 20810 of 21973
6600 sometıme today on FTSE!!!!!
Claret Dragon
- 06 Jul 2016 09:47
- 20811 of 21973
May be not
cynic
- 06 Jul 2016 09:48
- 20812 of 21973
DOW
very interesting ....... limited out during the night at 17,755, from which point it recovered quite sharply bus now falling back towards it
DAX
now fallen through the important 9,440 support
short still running there and may add to it
FTSE
still holding above 6,500 but without much conviction as all other indices plot against it
HARRYCAT
- 06 Jul 2016 09:57
- 20813 of 21973
I know you guys are short term traders of the indices, but the FTSE hasn't actually done that badly over the Brexit saga. GBP is suffering, but the equity market seems to be holding up quite well.
cynic
- 06 Jul 2016 10:19
- 20814 of 21973
have explained previously why FTSE is holding up
look at FTSE250 (MCX i think) and you see a very different picture
Chris Carson
- 06 Jul 2016 10:29
- 20815 of 21973
I agree cynic, pound is the key, just how much further it has to fall who knows? If in doubt stay out. Playing Royal Aberdeen today so staying clear.
cynic
- 06 Jul 2016 10:34
- 20816 of 21973
has the ice melted yet?
annoyingly it's overcast and relatively chilly here this morning
keep promising myself to play Oitavos - it's only a few hundred yards away - but never get round to it :-)
Chris Carson
- 06 Jul 2016 10:36
- 20817 of 21973
13 degrees so far (heat wave) :0)