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
- 30 Sep 2008 09:44
- 2945 of 21973
more likely DCB, as assuredly the need for the bailout has not disappeared ...... don't forget that though Dow is currently indicating +100 or so, it fell 700 last night
Strawbs
- 30 Sep 2008 09:47
- 2946 of 21973
I guess everyone was expecting the sky to fall in today, so I guess a bounce of any kind is a little surprising (in the context of Wall Street overnight anyway).
Strawbs.
dealerdear
- 30 Sep 2008 10:29
- 2947 of 21973
Unfortunately can't stay on the SM today but I have now seen it all!
Expected massive crash and here we are up. Extraordinary. DCB possibly but I'm gobsmacked.
How can you trade these markets when they seem to do the exact opposite of logic.
On second thoughts, I'm glad I'm going out. I shall seek medication whilst I'm there ...
HARRYCAT
- 30 Sep 2008 10:52
- 2948 of 21973
DOW now +212. I'm speechless!
Strawbs
- 30 Sep 2008 10:58
- 2949 of 21973
You know what they say. Everyone loves a bargain.....
Still. Todays bargains, tomorrows millstones.....
Strawbs.
stroreysj
- 30 Sep 2008 11:51
- 2950 of 21973
jesus i go away for a day of frolicing in Batam to get over the demise of bb. and come back and the world has caved in. Guys you need to move to Asia...or atleast outside of singapore, HK and Japan as this completely passed me by. Im so pleased i missed it
cynic
- 30 Sep 2008 14:10
- 2951 of 21973
more happy news from US ..... Home prices in July plunged a record 16.3% year over year , according to the S&P Case-Shiller 20-city index, AP reports.
cynic
- 30 Sep 2008 14:35
- 2952 of 21973
a bit more ...... Stocks open higher, with the Dow bouncing back from a record point decline, as investors await the government's next bailout move.
HARRYCAT
- 02 Oct 2008 08:38
- 2953 of 21973
DOW drops 777 points when the bailout plan is rejected. Now that the modified plan has been approved (by those that matter), wouldn't some kind of immediate recovery seem on the cards? BUT DOW futures currently showing -77 !!!
dealerdear
- 02 Oct 2008 08:42
- 2954 of 21973
Think they're worried about House Of Rep. vote on Friday
Strawbs
- 02 Oct 2008 08:42
- 2955 of 21973
It still has to go before the people that rejected it last time. On Friday I believe. The markets will no doubt shift around according to who wants to gamble the most.... e.g. the shorts or the longs. Cash is probably the safest position to be in at the moment.
In my opinion.
Strawbs.
HARRYCAT
- 02 Oct 2008 14:01
- 2956 of 21973
Bloomberg headline today is that DOW futures look bleak as jobless stats come in below par. As unemployment is likely to increase in western economies, this is likely to be a trend, imo.
Sentiment seems to be that the House of Reps will pass the bill, though a certain amount of hedging going on no doubt, but are you DOW/FTSE traders expecting an equivalent bounce up, after the 777 point drop (though some has already been recouped)? Some serious money could be made if so.
dealerdear
- 02 Oct 2008 16:15
- 2957 of 21973
Could be a great trading opportunity going long.
US markets appear to be putting a lot of pressure on House of Rep to pass the bailout by losing ground. Apparently there is a chance they may vote tonight. As we have gone negative today, we could open a lot higher tomorrow if US once again recovers.
Unfortunately don't have the funds to gamble.
All IMO
Falcothou
- 02 Oct 2008 16:20
- 2958 of 21973
Some view this as a bail out for foreign investors(china, germany, uk)and are fiercely opposed e.g.
Mr market ticker
cynic
- 02 Oct 2008 16:29
- 2959 of 21973
i am staying long Dow at assorted levels while changing my nappy regularly!
Falcothou
- 02 Oct 2008 16:31
- 2960 of 21973
Dollar is running into those recent cable and euro support levels again
dealerdear
- 02 Oct 2008 16:32
- 2961 of 21973
If that's the case, don't ask me to change them!
2517GEORGE
- 02 Oct 2008 16:32
- 2962 of 21973
Cynic---I've heard about people like you, are you sure your not an MP.
2517
cynic
- 02 Oct 2008 16:35
- 2963 of 21973
i believe most of them are more into the domme scene!
Falcothou
- 02 Oct 2008 16:39
- 2964 of 21973
Im wearing pampers with plenty of baby wipes just in case