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
Camelot
- 27 Apr 2010 17:48
- 5132 of 21973
she is more 'annoyed' than coherent
making a speech
and not getting anywhere
cynic
- 27 Apr 2010 20:28
- 5133 of 21973
dow is all over the place, but still trending down
however, on the back of that, gold is very strong which may help the likes of rio and pog to recoup some of today's heavy losses
jimmy b
- 27 Apr 2010 21:50
- 5134 of 21973
I've been watching the grilling Goldman is getting live here ,typical slimy b****ds squirming and scouting round all the questions ,reminds me of someone ,Tony comes to mind ...
Got the start of your big DOW pullback then cynic ,but will it carry on ??
Camelot
- 27 Apr 2010 22:48
- 5135 of 21973
I am watching too
the problem is that those politicians dont seem to have the slightest idea
about markets
or just trying to make political points
Goldman are dealing with amateur's questions
Camelot
- 27 Apr 2010 23:03
- 5136 of 21973
yea, politicians just grandstanding
McCain was pathetic
HARRYCAT
- 28 Apr 2010 14:16
- 5137 of 21973
How amazing it is that bad news has such a temporary effect on the markets at the moment. Nervous investors seem easily spooked, yet easily persuaded back again.
Greece, Portugal & the U.K. debt all looking dire, closely followed by Spain, yet so long as individual companies produce growth figures, no one seems to care for very long! Good for trading though.
required field
- 28 Apr 2010 22:38
- 5138 of 21973
Brown caught out it seems...labour showing it's true colours.....will we be rid of them ?...difficult to believe that they would get even 1 vote from anybody....don't like starting too many threads..but I'll start an election special as this is a very important 10 days coming up !...
cynic
- 28 Apr 2010 23:07
- 5139 of 21973
shut dow short at a modest profit .... have left ftse running for now
splat
- 29 Apr 2010 17:38
- 5140 of 21973
Dow and UKX longs both done well :-)
Now reversed Dow and short @ 11175
Chris Carson
- 29 Apr 2010 17:43
- 5141 of 21973
Splat - Dow looks to be on a mission :o)
splat
- 29 Apr 2010 18:00
- 5142 of 21973
yes, could well be, it's a much smaller position than the one I had on the way up and keeping a close eye on it CC - thanks
What was that, by the way, "come on Burnley!" :-))
We should be out of Europe later and looking for a new manager - sh*t season but at least we're higher than your shower :-)))
cynic
- 29 Apr 2010 18:38
- 5143 of 21973
and b4 anyone asks, i shut ftse short this morning at a small loss .... overall result of latest escapade was positively neutral
Chris Carson
- 29 Apr 2010 19:12
- 5144 of 21973
Splat - Hey, don't hold your breath mate only 5 points, I expect Chelsea to reduce that to 2 on Sat (providing we beat Stoke away of course), last games mighty Hull :o) to stuff you at there place and Everton to beat mighty Portsmouth at home! Not over till the fat lady sings! :o))
splat
- 29 Apr 2010 19:53
- 5145 of 21973
I don't need to hold my breath Chris, I only said "at least we're higher than your shower :-))) " not that we will finish higher! :-0 by the way, I've heard a few fat ladies singing, and today!! :-)
Chris Carson
- 29 Apr 2010 20:30
- 5146 of 21973
Aye, and a fat spanish waiter might join her tonight eh! :o))
splat
- 29 Apr 2010 23:53
- 5147 of 21973
looks like it !
splat
- 30 Apr 2010 19:00
- 5148 of 21973
Dow short going well :-)
splat
- 30 Apr 2010 19:07
- 5149 of 21973
some INDU covered + precisely 100
Chris Carson
- 30 Apr 2010 19:15
- 5150 of 21973
Nice one splat - Good Luck v Chelsea :o)
splat
- 30 Apr 2010 19:21
- 5151 of 21973
thanks CC.
Luck against Chelsea? Won't be needing that....in the same way we won't be needing Torres, Gerrard and Benitez next season! :-)