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
BigTed
- 10 Oct 2008 09:35
- 3132 of 21973
I think theres been too much bullying going on this week, bearing that in mind i'm off to make a cuppa...anyone?
dealerdear
- 10 Oct 2008 09:36
- 3133 of 21973
No magic would help my portfolio I'm afraid Strawbs.
HARRYCAT
- 10 Oct 2008 09:37
- 3134 of 21973
One sugar please & a couple of those biscuits that fall apart when you dunk them.(Bit like everything else at the moment).
BigTed
- 10 Oct 2008 09:43
- 3135 of 21973
Consider it well and truly 'dunked',
unbelievable what you find in the cupboards when you not looked for so long...
just found a midget living under my sink...
Strawbs
- 10 Oct 2008 09:43
- 3136 of 21973
Sorry to hear it DD. Been there myself many years ago, and probably there now without knowing it (through my dwindling pension pot). Hopefully it will recover though. Although I'm totally bearish, I know if the markets continue to tank like this, we'll all be in very deep doo doo soon, share holder or not, this mess ruins lives.
Strawbs.
HARRYCAT
- 10 Oct 2008 09:44
- 3137 of 21973
DOW futures still showing in negative territory (-119) so suggest caution in getting sucked in to a short bounce this morning.
Falcothou
- 10 Oct 2008 09:47
- 3138 of 21973
Dow actually hit 8236 overnight so 8400 did not hold! Amazing gap trade this morning that did not participate in, well done to those who did dropping back now though
dealerdear
- 10 Oct 2008 09:49
- 3139 of 21973
Still got some to trade though Strawbs so I'm still smiling.
2517GEORGE
- 10 Oct 2008 09:51
- 3140 of 21973
Don't panic.
2517
required field
- 10 Oct 2008 09:54
- 3141 of 21973
Well ! I could kick myself for not understanding this market well enough....sold some stock, but should have sold the lot weeks ago ! blast it !.
Falcothou
- 10 Oct 2008 09:54
- 3142 of 21973
Is this a long weekend stateside?
Stan
- 10 Oct 2008 09:57
- 3143 of 21973
Yes well spotted.
Strawbs
- 10 Oct 2008 09:57
- 3144 of 21973
Ditto. I've been ultra bearish for ages. Was predicting this would all tank... Do I have any short positions or an SB/CFD account.... Nope! Probably the same reason the market is tanking. Too scared to risk my money like the majority of others I suppose...
Strawbs.
Falcothou
- 10 Oct 2008 10:01
- 3145 of 21973
Time to stock up with food/fuel and might as well buy a gun and fishing rod whilst at it!
http://market-ticker.denninger.net/
dealerdear
- 10 Oct 2008 10:02
- 3146 of 21973
we've all been caught up in that extraordinary thing called 'human nature'
Falcothou
- 10 Oct 2008 10:14
- 3147 of 21973
Signalwatch mentioning 11 year support at 7500 now that 8400 has gone in the futures. Trader Tom mentions possibility of short covering into close and nationalisation of Goldman and MorganStanley on Monday, just a normal Friday!
dealerdear
- 10 Oct 2008 10:15
- 3148 of 21973
just read, thanks.
Bit grim isn't it.
Presume the gun is for you?
If you've a spare bullet .....
required field
- 10 Oct 2008 10:17
- 3149 of 21973
I've just spotted a vacant windowledge....!.
HARRYCAT
- 10 Oct 2008 10:21
- 3150 of 21973
I used to be worth 4 x salary dead according to my pension statement. I wonder if that still holds up? Worth less than my portfolio now, so I doubt it.
Falcothou
- 10 Oct 2008 10:27
- 3151 of 21973
How does that song go?...It's raining men...
I'll leave a spare bullet in the magazine dealer, you should find it smoking next to my desk!