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
required field
- 04 Aug 2011 15:16
- 6242 of 21973
Empty the pool first,.. me hearties.....and may the first victim take the diving board position.....(*note ; must read this with a west country accent)...
kimoldfield
- 04 Aug 2011 16:00
- 6243 of 21973
Ahaaaar Jim lad!
HARRYCAT
- 04 Aug 2011 16:04
- 6244 of 21973
.
skinny
- 04 Aug 2011 16:17
- 6245 of 21973
I've just bought LGEN sub 1 - hmmmm.
required field
- 04 Aug 2011 16:40
- 6246 of 21973
One of the worst days ever.....and what bothers me is this ever going to stop ?.....I'll be forced into selling if the same happens again tomorrow......my POG long is a disaster.....badly need a turnaround
splat
- 04 Aug 2011 16:46
- 6247 of 21973
the one day I didn't have the opportunity to log on....what a good one to choose!
splat
- 04 Aug 2011 16:51
- 6248 of 21973
Dow now in utter freefall!!
cynic
- 04 Aug 2011 16:54
- 6249 of 21973
another day like this and i'll be looking buy dow at 11160 - if i don't take cyanide first
required field
- 04 Aug 2011 16:56
- 6250 of 21973
I can't afford another day like today without closing a few daft longs of mine....and that's in gold producers...crazy.... non ?....
HARRYCAT
- 04 Aug 2011 16:57
- 6251 of 21973
Now I realise why I don't trade on margin. I am sure lots of you are skilled in that department, but when things go wrong................!
Looks like the Italians are to blame at the moment!
skinny
- 04 Aug 2011 16:57
- 6252 of 21973
Gold off the highs @1663
ptholden
- 04 Aug 2011 17:04
- 6253 of 21973
Richard, I wouldn't be at all surprised to see the DOW at 11100 :-)
Chris Carson
- 04 Aug 2011 17:08
- 6254 of 21973
rf - Not in Cey, down -5 HGM, stopped out of Dom long yesterday -7, up on MTO short. Tightened stop on HGM volume isn't as great as CEY today but of course that could change tomorrow.
dreamcatcher
- 04 Aug 2011 17:26
- 6255 of 21973
Dow not looking good.
required field
- 04 Aug 2011 17:29
- 6256 of 21973
I have a very nasty position in POG....I hate to admit it.....now I can either pray for a rebound .....close it or close another nasty.....not doing well this year at all......last year did fine on these, but it's going horribly wrong at the mo.....
cynic
- 04 Aug 2011 17:34
- 6257 of 21973
take solace that POG is actually a very good company with real assets etc etc and not just some blue sky miner ...... i'ld be inclined to stay with them if you can, just i shall do; ditch the garbage in preference, some of which i did today
dreamcatcher
- 04 Aug 2011 17:40
- 6258 of 21973
This market is taking no prisoners. Does it matter what assets it has. A prodcer should come out of this quicker then an explorer.
required field
- 04 Aug 2011 17:44
- 6259 of 21973
When I mean nasty. I mean another bad position as if I support it with funds I might get stretched so tomorrow morning is crucial so I'll probably stay in POG and close something else if the market decides to plunge further...(heavens forbid)....the crazy thing is that it might be a long in Afren.....got this market badly wrong...got rid of other bad underperformers to top up in one or two things RRL and Afren...
cynic
- 04 Aug 2011 17:46
- 6260 of 21973
something to make you chuckled i hope ..... dow is now down 265, but the knock-on effect is that "cash ftse" is +24 from the close
required field
- 04 Aug 2011 17:48
- 6261 of 21973
Need a rebound in dow before closing....otherwise my axe will fall tomorrow morning on at least one position....