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
splat
- 29 Jul 2011 15:06
- 6148 of 21973
oops, wrong thread!
KEAYDIAN
- 29 Jul 2011 15:33
- 6149 of 21973
lol, doomed.
splat
- 29 Jul 2011 15:50
- 6150 of 21973
long Dow @ 12135
splat
- 29 Jul 2011 15:52
- 6151 of 21973
out for an almost instant +43 :-)
KEAYDIAN
- 29 Jul 2011 15:56
- 6152 of 21973
Well done Splat.
skinny
- 29 Jul 2011 16:58
- 6153 of 21973
Nice one splat.
splat
- 29 Jul 2011 17:00
- 6154 of 21973
cheers, but out a little prematurely! (as ever, and I'm only talking about trades!)
skinny
- 29 Jul 2011 17:03
- 6155 of 21973
Oh I don't know - I think tonight is even more of a gamble than "normal" :-)
Gold currently around 1625, which leaves my short(s) just about flat! I think I'll leave the indicies tonight - I'm sure there is a pint of youngs with my name on it!
splat
- 29 Jul 2011 17:24
- 6156 of 21973
Thinking something extremely similar skinny. Enjoy mate!
cynic
- 29 Jul 2011 17:25
- 6157 of 21973
the last hour could see either rocket or stick, but I'ld guess unlikely to be neutral
halifax
- 31 Jul 2011 20:49
- 6158 of 21973
so all the angst and political rants which have pushed the world's financial markets into turmoil were just driven as usual by a bunch of scribbling scaremongering journos,grow up kids.
splat
- 01 Aug 2011 07:59
- 6159 of 21973
what's new H?
cynic
- 01 Aug 2011 08:45
- 6160 of 21973
hali - it's not the journos but the self-seeking US politicos, though the result is much the same ..... in some ways, it's why our non-elected HoL provides a much better safeguard, though i accept that is far from perfect and open to manipulation
skinny
- 01 Aug 2011 15:05
- 6161 of 21973
Just got stopped on a FTSE short +90 - which was nice.
KEAYDIAN
- 01 Aug 2011 15:49
- 6162 of 21973
Still doomed
tomasz
- 01 Aug 2011 15:53
- 6163 of 21973
..but someone is making huuuge money from this volatility , completly bonkers..
cynic
- 01 Aug 2011 15:57
- 6164 of 21973
indeed - those with fast fingers and steel nerves and discipline .... and not me!
HARRYCAT
- 01 Aug 2011 16:00
- 6165 of 21973
And all due to :"The Institute for Supply Managements factory index fell to 50.9 in July from 55.3 the prior month. Economists projected the gauge would drop to 54.5, according to the median forecast in a Bloomberg News survey," which I presume none of us even considered as a factor, or even knew about!!!
I thought it was now all about the vote for the debt ceiling........apparently not.
skinny
- 01 Aug 2011 16:03
- 6166 of 21973
I've taken 104 points from the FTSE today - as much luck as anything else!
splat
- 01 Aug 2011 16:04
- 6167 of 21973
well done skinny.