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
Strawbs
- 10 Oct 2008 08:24
- 3111 of 21973
These days I find it hard to remember much. :-) I was only a kid at the time, and we were looking for any easy birthday present, as kids do. Can't remember who it was by, but I do remember the blurb. I suppose now we'd call it spin. Rather stuck in my mind though. I suppose it's also true in a way, the best ideas are always the unique ones. I guess we won't know for sure if the "bookshop proxy" system still works until after the fact, now everyone knows about it. LOL.
Strawbs.
Strawbs
- 10 Oct 2008 08:25
- 3112 of 21973
I did say pinch of salt Harry... :-)
Strawbs.
dealerdear
- 10 Oct 2008 08:31
- 3113 of 21973
can't get any quotes on anything. Great opps TLW opened 20% lower. What a bargain but couldn't buy!!
I know exactly what will happen, they'll let the retail investors in after the initial surge hoping they'll buy then we'll have another drop.
They must think I am stupid!
HARRYCAT
- 10 Oct 2008 08:37
- 3114 of 21973
Same for me. On-line stock N/A on many with Selftrade.
cynic
- 10 Oct 2008 08:39
- 3115 of 21973
if you have funds, surely IEC is an ace buy at about 910 with completion of the deal almost certainly imminent (like within a couple of days), with no indication of price being renegotaiated from the promised 1250
required field
- 10 Oct 2008 08:48
- 3116 of 21973
Never thought that we would see the 3000's ever again (ftse 100).....total disaster for many !.
Strawbs
- 10 Oct 2008 08:50
- 3117 of 21973
Babies and bath water I guess Cynic. I don't think any of it's particularly rational. A desperate dash for cash. Logic out of the window. May be Lehmans was too big to fail afterall......
Strawbs.
cynic
- 10 Oct 2008 08:52
- 3118 of 21973
you're right ..... fyi, HB was a pools pundit with a huge following on Radio Luxemburg .... he was based in Keynsham, Bristol ..... anyone of my sort of age will remember his ads well!
dealerdear
- 10 Oct 2008 08:52
- 3119 of 21973
ah they've just let us in Harry.
Be careful
required field
- 10 Oct 2008 08:53
- 3120 of 21973
Many a business will now fail...restaurants will be empty....travel agents will close....builders will go bust....UK economy down the drain !.
maddoctor
- 10 Oct 2008 09:06
- 3121 of 21973
they said all this in October 1987 and by the end of the year we were on the up!!!!!!!!!!!!!!!!!!!!!!!!!!!
Strawbs
- 10 Oct 2008 09:08
- 3122 of 21973
World economy down the drain perhaps....
FTSE looks like it's recovering a bit (I'm going by the SB prices on the IG index home page) ? Opening down so much must've blewn a lot of stops.
Strawbs.
Stan
- 10 Oct 2008 09:09
- 3123 of 21973
I was just thinking the same thing MD.
BigTed
- 10 Oct 2008 09:13
- 3124 of 21973
and thats the reason i think we're at rock bottom, cos everyone thinks the world is about to end, but actually it wont...
maddoctor
- 10 Oct 2008 09:13
- 3125 of 21973
Stan , instead of doom-mongering peeps should spend their time watching for the bottom signs
BigTed
- 10 Oct 2008 09:15
- 3126 of 21973
B*ll*x, had totally forgot about IEC, was about to deal at 940 and then gapped up to 1000
dealerdear
- 10 Oct 2008 09:15
- 3127 of 21973
it's ended in Birmingham.
Looked out the window and everything had gone.
WOW ....
Strawbs
- 10 Oct 2008 09:21
- 3128 of 21973
We're all looking for the bottom.....just some of us don't think it's here......yet anyway.
In my opinion.
Strawbs.
dealerdear
- 10 Oct 2008 09:27
- 3129 of 21973
I'll turn you into a raspberry if yer not careful ...
BigTed
- 10 Oct 2008 09:29
- 3130 of 21973
DD... lol...!
imo fwiw i can see the DOW going down 500 first at open dragging us back down before we see a pull back, then Bush is going to have his little speech which wont make a blind bit of difference, but by tonight the worst will be over, and next week we can do things and other stuff...