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
- 12 Feb 2018 19:39
- 21652 of 21973
currently +520
2517GEORGE
- 12 Feb 2018 20:34
- 21653 of 21973
Augers well for tomorrow
Chris Carson
- 14 Feb 2018 13:03
- 21654 of 21973
cynic
- 16 Feb 2018 16:10
- 21655 of 21973
FTSE
testing 7,300 at long last .... it's really struggled to break back north of that level, but just possibly next week will show it's more than just a tease
DOW
25,300 hurdle now well cleared, so just possibly we'll see a chrge back to(wards) the all time highs ...... i confess to remaining nervous after last week's massacres
Monday is a holiday in US, so perhaps a false market today ...... who knows?
cynic
- 16 Feb 2018 20:25
- 21656 of 21973
DOW
having powered through 25,300 it suddenly collapsed again ..... i was lucky to buy towards the bottom end of that, and sold out at 25,290 for 105 points, above which number, DOW is stalling once more
cynic
- 19 Feb 2018 08:40
- 21657 of 21973
very early doors but worth noting that DOW is once again trying to push north of 25,300
CC
- 19 Feb 2018 09:01
- 21658 of 21973
According to economic calendar US has a bank holiday today so guess today is going to be really slow
cynic
- 19 Feb 2018 09:54
- 21659 of 21973
you're right CC ..... had forgotten that but markets may still be open
cynic
- 19 Feb 2018 17:31
- 21660 of 21973
DOW - bought on a sudden dip this afternoon at 25,138 ..... rather missed the bottom of that spike down, but no matter
currently just back in the blue at 25,226 and have again put in a limit at 25,290
cynic
- 20 Feb 2018 09:53
- 21661 of 21973
DOW - serves me right .... should have banked an ok profit yesterday when it was on the table .... never mind; i'll just sit tight
CC
- 20 Feb 2018 11:36
- 21662 of 21973
I am waiting. I feel like the FTSE/Dow gap is too large. Either FTSE needs to go up or Dow needs to fall.
I'm looking for a FTSE long with something beginning 71
cynic
- 22 Feb 2018 08:18
- 21663 of 21973
what a truly nasty end to last night - complete collapse - with the inevitable follow through this morning
Chris Carson
- 22 Feb 2018 08:24
- 21664 of 21973
Chris Carson
- 22 Feb 2018 08:25
- 21665 of 21973
Chris Carson
- 22 Feb 2018 08:26
- 21666 of 21973
CC
- 22 Feb 2018 10:16
- 21667 of 21973
I'm long FTSE 7216. I think this is overdone in the UK and it will claw it's way back up.
I expect the dirty bottom fishers to come back out on the Dow
cynic
- 22 Feb 2018 15:57
- 21668 of 21973
DOW
having foolishly opened a new long last night at 25,025, it looked rthat i was going to take quite a battering by the time london opned this morning
there has now been a miraculiur turnaround and i am just back in th money ...... i shall not get greedy, but be happy to bank something modest and heave a sigh of relief
CC
- 22 Feb 2018 16:17
- 21669 of 21973
I know how you feel Cynic. been there so many times myself.
I've just closed my FTSE long for 23 pts. My entry wasn't great and whilst I feel this may run a little higher into our close I'm happy to take my money and reload when the chance comes along.
I can't say I'm tuned into this today. My other day-trading has been pretty poor as well today but I was on the right side so overall a profit.
cynic
- 22 Feb 2018 16:46
- 21670 of 21973
now out of that at 25,082 (whew!)