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
cynic
- 17 Feb 2010 22:00
- 4870 of 21973
now don't get all girlie and weepy about it!
it's time to you learnt to live with your pathetic and weedy little body
KEAYDIAN
- 17 Feb 2010 22:10
- 4871 of 21973
lol, the markets DIRTBAG :o)
KEAYDIAN
- 17 Feb 2010 22:14
- 4872 of 21973
Splat, you still short? That Cynic is making me nervous
Balerboy
- 17 Feb 2010 22:16
- 4873 of 21973
Ditto....
cynic
- 18 Feb 2010 08:15
- 4874 of 21973
not that i know a damn thing, but markets will almost certainly be volatile for a while yet, so money to be made or lost in both directions ..... timing and nimbleness are perhaps more important than ever
splat
- 18 Feb 2010 08:50
- 4875 of 21973
yup, still short :-)
KEAYDIAN
- 18 Feb 2010 09:03
- 4876 of 21973
Closed mine + 36
splat
- 18 Feb 2010 09:26
- 4877 of 21973
now closed +36 too :)
cynic
- 18 Feb 2010 09:41
- 4878 of 21973
good job, for i think you could easily have been singed ..... markets currently disinclined to tumble
HARRYCAT
- 18 Feb 2010 09:50
- 4879 of 21973
DOW futures in negative territory however & I would guess at more downside to come this afternoon.
"Thursday brings the weekly jobless claims report from the Labour Department, the index of leading economic indicators (LEI) from the Conference Board, the January Producer Price Index (PPI) and the Philadelphia Fed index.
In addition, Wal-Mart Stores (WMT, Fortune 500) reports results before the start of trading. The retailer is expected to have earned $1.12 per share versus $1.03 a year earlier."
splat
- 18 Feb 2010 09:50
- 4880 of 21973
nah, it was a clear call! :-)
Time Traveller
- 18 Feb 2010 10:32
- 4881 of 21973
Now that the markets have recovered their poise and losses from this morning is anyone thinking about new shorts on the FTSE?
2 Way this morning had posted the following but it is completely out of the money right now:
"FTSE Sell at the break of 5260 and target 5228. Stop above 5272. "
skinny
- 18 Feb 2010 11:47
- 4882 of 21973
Its good to see that 2 Way still have it :-)
cynic
- 18 Feb 2010 11:51
- 4883 of 21973
my post 4874 sums up my view
KEAYDIAN
- 18 Feb 2010 12:25
- 4884 of 21973
lol :O)
Time Traveller
- 18 Feb 2010 13:54
- 4885 of 21973
Oh look, 2 Way's prognostications may well come true after all.
Now, who was short from 5316?
cynic
- 18 Feb 2010 16:18
- 4886 of 21973
if it was you, i hope you cut your losses
required field
- 18 Feb 2010 16:51
- 4887 of 21973
Ftse's looking very good.....I'm a bit surprised.....might have broken through a resistance level and further gains to follow tomorrow or early next week.
cynic
- 18 Feb 2010 16:53
- 4888 of 21973
as far as i can see, ftse target is now 5460 .... and dow target is now 10485
required field
- 18 Feb 2010 16:55
- 4889 of 21973
A bit of a bull run coming then....good...