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
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!
dealerdear
- 10 Oct 2008 10:32
- 3152 of 21973
cheers. I'll try not to disturb your body .....
lol
dealerdear
- 10 Oct 2008 10:32
- 3153 of 21973
sorry about that!
Falcothou
- 10 Oct 2008 10:38
- 3154 of 21973
Might need to send for the "Wolf" in the film Pulp fiction, he's very good at cleaning up that sort of mess!
dealerdear
- 10 Oct 2008 10:47
- 3155 of 21973
lol
dealerdear
- 10 Oct 2008 11:18
- 3156 of 21973
check-out SIA and MDX
2517GEORGE
- 10 Oct 2008 12:17
- 3157 of 21973
Libor rate is slowly improving.
2517
dealerdear
- 10 Oct 2008 14:54
- 3158 of 21973
i can't do any trades on-line now since DOW opened anyway. The volatility has destroyed that option
Strawbs
- 10 Oct 2008 15:09
- 3159 of 21973
CNBC website shows the DOW in positive territory ?
Edit: Down again now. Dead cat maybe....
Strawbs.