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
skinny
- 04 Jun 2010 15:47
- 5475 of 21973
Bloody starving :-)
HARRYCAT
- 04 Jun 2010 16:31
- 5476 of 21973
Didn't Hungary withdraw from the Eurovision song contest as they would have been unable to afford hosting it the following year if they had won?
maggiebt4
- 04 Jun 2010 16:54
- 5477 of 21973
Let's all move to Brazil!
HARRYCAT
- 04 Jun 2010 17:20
- 5478 of 21973
Great plan Maggie! (Just in time for the F1 please). Who's paying?
cynic
- 04 Jun 2010 17:21
- 5479 of 21973
bad for randy old goats ..... brings on premature strokes, even if not ejaculation
cynic
- 04 Jun 2010 21:05
- 5480 of 21973
be thankful it's w/e tomorrow! ..... typical over-reaction, but with markets this nervous, it's to be expected ..... 9850 needs to hold, which is about 100 points lower still .... possible or even probable tumble for even the likes of RKH on monday as forced sales hit
splat
- 04 Jun 2010 23:19
- 5481 of 21973
long Dow @ 9,909 over the w/end
splat
- 07 Jun 2010 20:47
- 5482 of 21973
was stopped out -11, but back in @ 9895 and out by limit @ 9961.
Just bought again @ 9844 and out almost immediately @ 9861 now long again @ 9838
HARRYCAT
- 07 Jun 2010 21:30
- 5483 of 21973
I think you were briefly in the money first thing, splat, but very tricky to call the DOW atm. Seems a lot of screen gazing for minimal return. Loads of data out from the U.S. on friday so would expect some bad news then.
splat
- 07 Jun 2010 22:56
- 5484 of 21973
agreed Harry, but happy to hold on for now and have increased a little @ 9800. Stops in place
splat
- 08 Jun 2010 07:31
- 5485 of 21973
out some Dow @ 9877.
splat
- 08 Jun 2010 08:34
- 5486 of 21973
and more @ 9881
HARRYCAT
- 08 Jun 2010 21:30
- 5487 of 21973
How are you getting on with your DOW long, Splat? All over the place. Was + then almost zero, now +130!
cynic
- 09 Jun 2010 05:20
- 5488 of 21973
and has "lost" 40 of that o'night ..... mildly positive start for london but not sure it will hold
splat
- 09 Jun 2010 07:54
- 5489 of 21973
covered the rest +60 before the market open yesterday and reopened at 9799 before our close. That is also now covered +100. A separate UKX long from 5,000 also covered yesterday evening +41. No index positions open atm Harry.
dealerdear
- 09 Jun 2010 10:31
- 5490 of 21973
5000 hit
splat
- 09 Jun 2010 14:34
- 5491 of 21973
went long @ 5017 on the way back up and just closed out now +40. Sorry couldn't post trade as it was by phone. Will be looking to long retracements
cynic
- 09 Jun 2010 14:39
- 5492 of 21973
i was long dow but closed it at a modest profit when futures looked more likely to keep dropping
splat
- 09 Jun 2010 20:02
- 5493 of 21973
long UKX @ 5013
cynic
- 09 Jun 2010 20:31
- 5494 of 21973
fingers x'ed 4 u .... last i heard before i went out to dinner here (dubai) was dow +110 ..... it really is bad news when it then collapses again