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
jimmy b
- 20 May 2010 21:35
- 5400 of 21973
Futures under 5000 now and DOW looking to slide below 10000 ,total bollocks ..
HARRYCAT
- 21 May 2010 10:55
- 5401 of 21973
The predicted 10% correction from the DOW high of 11200 has now happened (10080) so onwards & upwards from now on hopefully! ;o)
Just hope Europe & the don't spoil the party.
cynic
- 24 May 2010 11:26
- 5402 of 21973
london has gone soggy and new york even more so ..... very tiresome and, by the timing of it, i guess it's a knee-jerk reaction to osborne's cost-cutting measures .... with luck, the market will quickly appreciate that fast and decisive action is exactly what was required, though i suppose fears of the eurozone shambles will continue to haunt
hilary
- 24 May 2010 11:37
- 5403 of 21973
"i guess it's a knee-jerk reaction to osborne's cost-cutting measures"
No. Osborne's cuts are a market positive, which are being outweighed by plenty of negatives such as a small Spanish bank being bailed out, the Spanish going on General Strike and Aussie mining tax.
cynic
- 24 May 2010 11:48
- 5404 of 21973
not sure you're right, any more than i think i am! ..... anyway, we shall just have to live with what the market throws at us, and perhaps (probably) remember to duck quickly and/or to bank decent profits when presented
hilary
- 24 May 2010 11:56
- 5405 of 21973
OK, I'm sure you know best. Tell me, what effect do you think the SNB might have on the markets if they sell their Euros this afternoon?
cynic
- 24 May 2010 12:10
- 5406 of 21973
no idea .... and are the gnomes likely to do so and if so why?
hilary
- 24 May 2010 12:23
- 5407 of 21973
"no idea"
Thought not.
"are the gnomes likely to do so"
That's the rumour which has been going around this morning.
"if so why?"
Diversification.
cynic
- 24 May 2010 12:28
- 5408 of 21973
so why ask me then, or is it just that you like to be as silly as me?
perhaps the gnomes feel the urge to buy mushrooms-to-let
Balerboy
- 24 May 2010 13:44
- 5409 of 21973
steady cynic....hilary's not a member of the witches cauldren..........
cynic
- 24 May 2010 13:46
- 5410 of 21973
i know, and her style is not nearly as acerbic, but then nor are my responses!
HARRYCAT
- 24 May 2010 13:52
- 5411 of 21973
I feel you are being tested, Cynic, even gently manipulated! ;o)
Balerboy
- 24 May 2010 13:57
- 5412 of 21973
I thought that only happened in the red light distric harry.....
Balerboy
- 24 May 2010 13:58
- 5413 of 21973
oops, miss read what you wrote harry.....
cynic
- 24 May 2010 14:21
- 5414 of 21973
i enjoy being manipulated but young ladies .... if they're not that young, i can take off my coke-bottle specs
jimmy b
- 24 May 2010 22:16
- 5415 of 21973
Bring on Nora Batty .
cynic
- 25 May 2010 07:48
- 5416 of 21973
just to upset your breakfast, IG showing ftse to open -135 at 4936 and dow to have "lost" an additional 200 points after last night's close which was already -126
hilary
- 25 May 2010 07:58
- 5417 of 21973
We could do with a fun day of carnage and utter destruction in the markets. It would be nice.
Balerboy
- 25 May 2010 08:15
- 5418 of 21973
I'm seeing red..... lots of it... hilary's wish has come true...:((
hilary
- 25 May 2010 08:21
- 5419 of 21973
No, don't make me out to be some king of an evil witch. I'm not blinkered to the extent of trading just one-way and, although I do think it will fall further, I'll be quick enough to reverse and buy it if it starts trending back up.
This was an easy move though, which started to pan out in the FTSE chart as of around 6pm last night.