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
- 14 Jul 2011 21:09
- 6066 of 21973
no, and unfortunately also closed out a goog long before i went out to dinner .... they've bolted after hours
skinny
- 15 Jul 2011 08:26
- 6067 of 21973
I think you may have been lucky on google!
cynic
- 15 Jul 2011 08:38
- 6068 of 21973
i would have been had i continued to hold!
skinny
- 15 Jul 2011 08:40
- 6069 of 21973
I meant getting out - it closed -9.32 (-1.7%)!
cynic
- 15 Jul 2011 08:56
- 6070 of 21973
after hours in usa (i had nasdaq stock) sp shot up by 10% following results!
skinny
- 15 Jul 2011 09:58
- 6071 of 21973
Ok as long as you made a bit - my figs are Nasdaq btw - closed 528.94 -9.32 high 542 low 526.73. The only reason I mentioned them is because I used to trade them fairly often. I'm not sure where they are going from here on - development wise.
HARRYCAT
- 18 Jul 2011 09:15
- 6072 of 21973
A tricky week predicted in the U.S.
"NEW YORK (CNNMoney) -- Wall Street will be awash in corporate news this week, as some the nation's largest and most influential companies report their quarterly results.
In total, more than a fifth of the S&P 500 and half of the 30-member Dow Jones industrial average will report their results this week, including General Electric (GE, Fortune 500), Goldman Sachs (GS, Fortune 500), McDonald's (MCD, Fortune 500), Apple (AAPL, Fortune 500), Intel (INTC, Fortune 500) and IBM (IBM, Fortune 500) just to name a half dozen.
Investors expect this week to be a pivotal moment for the market. U.S. stocks have struggled in the past three months in part because of growing concerns that the struggling U.S. economy may start impacting corporate profits. "
cynic
- 18 Jul 2011 09:58
- 6073 of 21973
very dangerous times
HARRYCAT
- 18 Jul 2011 12:31
- 6074 of 21973
DOW futures -91.
cynic
- 18 Jul 2011 14:11
- 6075 of 21973
my chartist guru remains remarkably (i think) bullish about both ftse and dow ...... i confess i do not share his sanguinity, but nor am i brave enough to short other than ASC and RBS
HARRYCAT
- 18 Jul 2011 14:32
- 6076 of 21973
Room on the fence for one more!
skinny
- 18 Jul 2011 14:40
- 6077 of 21973
I'm taking quite a pounding on some of my big holdings AV, SL down 2.8% and 2.2& respectively. Best blue is CEY +2.2%.
Chris Carson
- 18 Jul 2011 14:48
- 6078 of 21973
I'm not even trading today, Cap Spreads have changed their charting package which is a complete joke! They have obviously never heard the expression 'if it isn't broke, why fix it' Pillocks!!!
cynic
- 18 Jul 2011 15:15
- 6079 of 21973
delighted to hear it chris ..... i think it's a time to sit on one's hands or even to take money off the table
KEAYDIAN
- 18 Jul 2011 16:25
- 6080 of 21973
CC, it's a joke.
splat
- 18 Jul 2011 16:29
- 6081 of 21973
just long some Dow and FTSE, wish me luck ladies and gents!!
HARRYCAT
- 18 Jul 2011 16:40
- 6082 of 21973
Brave man!
splat
- 18 Jul 2011 17:06
- 6083 of 21973
hmmm...stupid perhaps rather than brave, HC! Patience is the watchword (oh and some balls!) :-)
skinny
- 18 Jul 2011 17:09
- 6084 of 21973
And margin ! :-)
cynic
- 18 Jul 2011 17:17
- 6085 of 21973
momentum below 12000 and 5645 are said to be the respective levels to fear
meanwhile, insofar as that is not an oxymoron with an sp at +/-$600, i have opened a modest short on GOOG ......
however, i shall not be greedy, as though politicians are notoriously stupid, they cannot all be totally nuts, so it is certain that a US budget deal will be struck, and some sort of nonsense cobbled together for the PIGS!