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
- 31 Jan 2017 14:55
- 21231 of 21973
Yes cynic i am short DOW also went short FTSE this morning but only slightly up ,not looking for too many pts there .
cynic
- 31 Jan 2017 15:28
- 21232 of 21973
DOW still crumbling ..... now down 112 at 19,850
DAX now following having been quite strong earlier ....... now down 60 at 11,610
yummy yummy :-)
jimmy b
- 31 Jan 2017 16:00
- 21233 of 21973
Closed FTSE for 40 pts still running DOW ,although my shorts been running for quite a while now .
cynic
- 31 Jan 2017 16:27
- 21234 of 21973
banked very juicy DAX profit (+165), but if there's an after-hours bounce as there was late last night on DOW, then may well re-open that short
DOW short still running
cynic
- 31 Jan 2017 17:31
- 21235 of 21973
DOW
have now put in a stop at 19,850 which will still yield me 105 points if hit
cynic
- 01 Feb 2017 14:33
- 21236 of 21973
my portfolio has been very boring indeed today, but at least i haven't caught myself out by backing the wrong direction on the indices
=====================
fingers x'ed
just opened a modest DAX short at 11,709
explosive
- 02 Feb 2017 09:50
- 21237 of 21973
Still short on FTSE unrealised profit of about 200 pts right now
cynic
- 02 Feb 2017 10:04
- 21238 of 21973
well done .... confess i rarely deal with FTSE staying mainly with DAX and DOW
overall, i don't think you're wrong to be short FTSE as few seem to have woken up to the fact that there's some nasty times ahead, no matter what deal is finally struck
cynic
- 02 Feb 2017 17:06
- 21239 of 21973
DOW
watching to see what happens if this drops to 19,800 or a little below
over the last 2/3 months, it has bounced from this sort of level, but will it continue to do so?
HARRYCAT
- 03 Feb 2017 13:01
- 21240 of 21973
Non Farm payroll figures about to be released.
cynic
- 03 Feb 2017 14:04
- 21241 of 21973
DOW
had a small long which i cashed in for +60
index now at a resistance but not looking eager to crash through it and onward to 20,000+
HARRYCAT
- 03 Feb 2017 14:15
- 21242 of 21973
Bloomberg - U.S. employers added the most workers in four months while wage growth slowed more than projected, suggesting some slack remains in the labor market.
January’s 227,000 increase in payrolls followed a 157,000 rise in December, a Labor Department report showed Friday in Washington. The median forecast in a Bloomberg survey of economists called for a 180,000 advance. The jobless rate rose to 4.8 percent, and average hourly earnings grew 2.5 percent from January 2016, the weakest since August.
The data, representing the final figures under President Barack Obama, indicate the job market is still enjoying steady growth though isn’t tight enough yet to result in a bonanza for worker pay.
cynic
- 03 Feb 2017 14:38
- 21243 of 21973
DOW
now modestly short from 19,990
as mentioned previously, there looks to be no enthusiasm to crack 20,000, though no doubt i shall be proved wrong
cynic
- 03 Feb 2017 16:04
- 21244 of 21973
as i have been , or at least for now :-)
jimmy b
- 03 Feb 2017 16:26
- 21245 of 21973
It will come back down again cynic
cynic
- 03 Feb 2017 16:29
- 21246 of 21973
certainly not fretting about it
in fact, i've had a very good run for the last couple of weeks, on stocks as well as indices
cynic
- 06 Feb 2017 08:41
- 21247 of 21973
DAX
looking to have a mind to break decisively below 11,600
cynic
- 06 Feb 2017 11:40
- 21248 of 21973
some strange yo-yoing of the indices this morning
cynic
- 06 Feb 2017 16:05
- 21249 of 21973
DAX
now down to the next support level of ~11,520
shall watch carefully with a view to closing current short
============
did so for +70
may prove to be premature, in which case, i'll go back in
cynic
- 09 Feb 2017 11:10
- 21250 of 21973
not quite the right thread, but i can't remember the one for general shares comment .....
GOLD
the strong rally continues but PMMs remain totally lacklustre
on the back of that, i cashed in my respectable profit on ACA, though i'm not convinced it was the right move - other than a banked profit is precisely that