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
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.
2517GEORGE
- 10 Oct 2008 15:18
- 3160 of 21973
Dealerdeal i've had the occasional problem with Selftrade, but my Halifax a/c has been ok.
2517
dealerdear
- 10 Oct 2008 15:18
- 3161 of 21973
700 down then 50 up now 100 down
dealerdear
- 10 Oct 2008 15:18
- 3162 of 21973
as soon as I get my money out, I'm switching cause Selftrade are hopeless
required field
- 10 Oct 2008 15:50
- 3163 of 21973
If the price of oil keeps on dropping the falkland oil stocks will be reduced to pennies because the price of crude could drop so much that their projects will no longer be worth their while and would have to be put on hold !.
required field
- 10 Oct 2008 16:01
- 3164 of 21973
Ftse is looking like a total disaster....don't know whether to sell out or stay put !.
2517GEORGE
- 10 Oct 2008 16:07
- 3165 of 21973
That was the problem investors had in 1974 & 1987 and it looks absolutely horrendous atm (so maybe we are not far from turning up), but just like '74 & '87 the markets will recover, imo of course.
2517
required field
- 10 Oct 2008 16:11
- 3166 of 21973
I hope so because years of hard work watching stocks, and profits are all going down the plughole at the moment !.
dealerdear
- 10 Oct 2008 16:27
- 3167 of 21973
there is a rumour going around that they are going to shut the SM's on Monday.
US will be shut anyway
maddoctor
- 10 Oct 2008 16:36
- 3168 of 21973
just been denied
2517GEORGE
- 10 Oct 2008 16:37
- 3169 of 21973
So they WILL be shut then.
2517
2517GEORGE
- 10 Oct 2008 16:43
- 3170 of 21973
Is cynic ok? I've not noticed a post from him since early this morning. Maybe we should check all posters are still around. Ha! Ha!
2517
BigTed
- 10 Oct 2008 16:50
- 3171 of 21973
not present....
cynic
- 10 Oct 2008 20:18
- 3172 of 21973
thanks Geoprge, your concern greatly appreciated .... have taken a severe battering along with the rest of the world, but am glad to say, did the "right thing" this morning and then spent the rest of the day on the golf course .... having seen the frantic gyrations of Dow, am more than glad i was well away from a screen!
Falcothou
- 10 Oct 2008 20:34
- 3173 of 21973
Shorts taking profit for weekend by the looks just rallied to 8650! Nuts ! Glad you are in one piece Cynic
moneyplus
- 10 Oct 2008 20:37
- 3174 of 21973
I need some advice from you experts---I have an account with fin and done very badly so far! I decided to stake my last 95quid on shorting the dow on open. I bet 2 pound a point and watched the dow plummet. I should have been quids in instead I watched as the total got to -1000 pounds!!! I tried to close several times and it wouldn't let me---I kept trying and suddenly the order screen went blank and now my account shows -5. Do you think the co couldn't cope with the crash or do I owe them a lot of money? I thought you couldn't exceed the funds in the account for a start. sickening to think my short was right and I still ended up losing! A fool and their money-- Never again!!!
Falcothou
- 10 Oct 2008 20:42
- 3175 of 21973
Probably best to ring them asap moneyplus, good luck the dow is a monster at the moment!
moneyplus
- 10 Oct 2008 20:55
- 3176 of 21973
thanks F.
cynic
- 10 Oct 2008 21:00
- 3177 of 21973
m+ .... certainly if you had left a limit (or a stop) it would have been enacted