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
halifax
- 15 Feb 2010 17:08
- 4846 of 21973
there are many ways to "skin a pig", we don't think the average guy in the street cares less about the pigs, unless of course they are partial to sausages.
cynic
- 15 Feb 2010 17:22
- 4847 of 21973
George - that was exactly the essence of angela merkel's comment ..... she said, rightly in my opinion, that greece should be seen to be taking strong action to reduce its deficit significantly before any eurozone money should be pushed its way to help the process.
ireland has apparently taken such action, though it is not a story i have followed
HARRYCAT
- 15 Feb 2010 17:27
- 4848 of 21973
One argument, therefore, in favour of a federal europe. One currency & one central government. Not in my lifetime, probably, but eventually, imo.
cynic
- 15 Feb 2010 17:36
- 4849 of 21973
i don't see that that is an argument in favour, and certainly not a union of which i would want to be part
HARRYCAT
- 15 Feb 2010 17:46
- 4850 of 21973
If national boundaries were dropped, there would not be a 'them' & 'us' approach (we are a well managed German entity, you are a corrupt, poorly managed greek entity). All decisions would be for the good of all & the more affluent states would assist the less affluent. Currently, disparate, unilateral governments are trying to look after themselves whilst sharing a common currency. Never going to work, imo.
As for a Federal Europe, like all change, it has to be slow & steady, but new generations will slowly forget the 'old' national boundary system whilst Bruxelles & the march relentlessly on!
cynic
- 15 Feb 2010 19:50
- 4851 of 21973
how sweet! ..... do you really think it would work like that? .... it's bad enough being told by those obscenely greedy freeloaders in brussels what we should or should not do without handing over our entire freedom of thought
jimmy b
- 15 Feb 2010 19:59
- 4852 of 21973
HARRY, would i hate to see that,,,a federal Europe dont like it as it is without going any further ,wish we could turn the clocks back..
HARRYCAT
- 15 Feb 2010 21:02
- 4853 of 21973
Cynic, it's not a question of being 'sweet'. You are either in Europe or out. You can't be only a bit in Europe, otherwise the whole single market concept is unworkable.
Those people now being born who have never known the Franc, Lire, Peseta etc will just take the Euro for granted. I believe it's called progress.
As for freeloaders, we only need to look in our own backyard for them! (As the MP's Expenses thread demonstrates.)
2517GEORGE
- 16 Feb 2010 12:48
- 4854 of 21973
Turnover seems pathetic today.
2517
cynic
- 16 Feb 2010 15:57
- 4855 of 21973
harry .... matter of opinion ..... i see your progress as regress and for sure, even looking back 20 years, a good friend of mine laughed all the way to the bank when he got "employed" by EU Commission .... UK MPs misdemeanours are chickenfeed compared to those european hogs swilling in the trough
cynic
- 16 Feb 2010 21:06
- 4856 of 21973
looks like a cracking start tomorrow for london .... dow closes +169
HARRYCAT
- 16 Feb 2010 23:14
- 4857 of 21973
Looks good & hoping for the miners to have another blue day.
However, worth watching the U.S. as Forty-five companies in the benchmark gauge (S & P 500) for U.S. stocks are scheduled to release results this week, including Hewlett- Packard Co. and Wal-Mart Stores Inc.
splat
- 17 Feb 2010 14:57
- 4860 of 21973
so it is :-)
splat
- 17 Feb 2010 15:52
- 4861 of 21973
short UKX @ 3500
skinny
- 17 Feb 2010 15:58
- 4862 of 21973
I hope not :-)))
KEAYDIAN
- 17 Feb 2010 16:16
- 4863 of 21973
Me too, short that is.
splat
- 17 Feb 2010 16:17
- 4864 of 21973
whoops a little dyslexia there! :-) make that 5300
KEAYDIAN
- 17 Feb 2010 16:45
- 4865 of 21973
Same here :O)