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
hilary
- 17 May 2010 16:17
- 5346 of 21973
Those few futs short contracts starting to look a bit sweeter now, Cynic. Are you still sat on your hands?
cynic
- 17 May 2010 16:25
- 5347 of 21973
i am indeed ..... made a good few shekels on the indices over the last week or so and am very happy to have banked those profits ..... as is pretty obvious, the markets are churning all over the place, and though one can assuredly make very good money with the right timing, it is that that is so difficult to call ..... for once doing what i was told many years ago - if in doubt, do nowt
cynic
- 17 May 2010 17:01
- 5348 of 21973
dow is looking very nasty indeed ..... it looks to have dropped a further 70/80 points in the last 5 minutes
hilary
- 17 May 2010 17:03
- 5349 of 21973
Cynic,
I'm currently up around 70 points-ish on 4 Euronext LIFFE contracts. Do you think I should cover them just yet?
cynic
- 17 May 2010 17:08
- 5350 of 21973
no idea; i don't even know what the hell those are! ...... that said, no one ever went broke banking a profit
hilary
- 17 May 2010 17:16
- 5351 of 21973
Oh, I thought you were the BSD of index futures trading.
My mistake. Sorry. Bye.
cynic
- 17 May 2010 17:49
- 5352 of 21973
i cannot imagine why? ..... assuredly i never said so, and have not dealt in futures per se for about 15 years
amardev
- 17 May 2010 20:15
- 5353 of 21973
Have enjoyed reading the 'Great Debate'.
More interested in Hilarys multi-tasking .... she can have a debate and call the market short ..... just at the right time.
I'm impressed.
All the best.
Amar
Kayak
- 17 May 2010 20:33
- 5354 of 21973
... and paint her toenails...
cynic
- 17 May 2010 20:34
- 5355 of 21973
well, if she was actually being truthful, which many here are not, then i sure hope she was watching closely and closed out at a good profit ..... as for me, i'm more than glad i sat on my hands, for assuredly i would have called it wrong ..... i've just been out for dinner and see the market is now only down about 60 (and improving) after about -180
skinny
- 17 May 2010 20:39
- 5356 of 21973
Its (dow) actually up @60 from our close.
cynic
- 17 May 2010 20:41
- 5357 of 21973
well i said what i meant so of course i meant what i said, rather as the white rabbit! ..... indeed, dow is now in positive territory!
splat
- 17 May 2010 20:48
- 5358 of 21973
me too as ever, long UKX from 5250
cynic
- 17 May 2010 20:52
- 5359 of 21973
dow has turned round 200 points from its low ..... what a scary market; indices only to be played when brain is fully functional and concentration absolute!
cynic
- 18 May 2010 07:54
- 5360 of 21973
going long ftse this morning was at least an easy call ...... stacks of dosh to be made last night on dow if you were alert enough and called the right direction - but glad i wasn't involved!
ShareCruiser
- 18 May 2010 10:22
- 5361 of 21973
What is a BSD?
cynic
- 18 May 2010 10:24
- 5362 of 21973
FIIK!
jkd
- 18 May 2010 13:54
- 5363 of 21973
SC
maybe BIG SWINGING something or other.;-) or it might be related to BFG.
just a suggestion. CBW (could be wrong)
regards
jkd
Camelot
- 18 May 2010 15:10
- 5364 of 21973
perhaps 'he' is just dyslexic as well
:-)
Camelot
- 18 May 2010 20:14
- 5365 of 21973
Merkel wants to ban short selling
lol