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FTSE + FTSE 250 - consider trading (FTSE)     

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 - 09 Aug 2011 12:04 - 6402 of 21973

a sudden and very strong (and welcome) recovery across the board, but have checked and there is no new to support same, so prob just bear covering - keep a weather eye open

cynic - 09 Aug 2011 17:38 - 6403 of 21973

now then, now then, now then ...... don't let's get too carried away with ourselves, though it is indeed many a long day since all bar one of my stocks was blue - odd one out was VOD ...... dow reaction after Bernake's speech will be the thing to watch

HARRYCAT - 09 Aug 2011 18:42 - 6404 of 21973

.

cynic - 09 Aug 2011 20:22 - 6405 of 21973

i like the dow reaction to bernanke's speech .... after the initial and expected drop, a decent recovery as the brains get back into gear

cynic - 09 Aug 2011 20:58 - 6406 of 21973

wow!... and back through the level of 11160 which i am told is/was the critical number ..... another good day in prospect; and when could we last say that?

dreamcatcher - 09 Aug 2011 21:09 - 6407 of 21973

DOW UP 429points Thats worth a wow.

splat - 09 Aug 2011 23:08 - 6408 of 21973

they're all effin lunatics in my considered view!

HARRYCAT - 10 Aug 2011 12:21 - 6409 of 21973

DOW futures starting to slip into negative territory which would imply either profit taking or poor inventory data at 15.00 hrs.

cynic - 10 Aug 2011 12:48 - 6410 of 21973

neither necessarily ..... perhaps just a bit of hesitation at 11160 level ..... closed my long of last night at a decent profit for the outlay

skinny - 10 Aug 2011 14:16 - 6411 of 21973

Here we go again.

skinny - 10 Aug 2011 15:12 - 6412 of 21973

Anyone for 5000?

cynic - 10 Aug 2011 15:50 - 6413 of 21973

what a very annoying and tiresome day ..... half expected a bit of consolidation, but this is just plain silly

maggiebt4 - 10 Aug 2011 16:17 - 6414 of 21973

Somebody called Nouriel Roubini. aka Dr Doom who has, apparently, got most of the financial turmoil right so far is predicting another recession. So say yahoo would post link but can't.

skinny - 10 Aug 2011 16:21 - 6415 of 21973

There you go - Nouriel Roubini: Big Crash Coming

edit - just noticed that despite todays date in the header, the article is 2 years old.

maggiebt4 - 10 Aug 2011 16:24 - 6416 of 21973

Thanks smarty, sorry, skinny :-)

dreamcatcher - 10 Aug 2011 16:26 - 6417 of 21973

They will talk us into a crash, scare mongering.

HARRYCAT - 10 Aug 2011 16:38 - 6418 of 21973

Looks like the U.S. are worried about Europe again, which is a bit bizarre as the situation hasn't really changed over the last few days in Europe, yet the Yanks have rallied and then fallen, again! All a bit knee jerk to each bit of economic news. One final lurch into the abyss before normality is resumed, I hope.

skinny - 10 Aug 2011 16:38 - 6419 of 21973

maggie - this is probably the article to which you are referring -The Man Who Predicted This Crash

maggiebt4 - 10 Aug 2011 16:45 - 6420 of 21973

That's it Skinny I always like to share the doom & gloom no point of me being worried on my own! Agree with you Dreamy, talk about it for long enough and it becomes self fulfilling!

skinny - 10 Aug 2011 17:08 - 6421 of 21973

Looks like we got off quite lightly!

DAX -5.13%

CAC -5.45%

IBEX -5.49%

Gold currently $1786.
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