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
- 11 Aug 2011 11:10
- 6437 of 21973
5000 looking soggy again!
splat
- 11 Aug 2011 11:16
- 6438 of 21973
yup. Long FTSE again @ 4999 and Dow @ 10775
cynic
- 11 Aug 2011 11:18
- 6439 of 21973
with pretty tight stops and not too much exposure i hope
splat
- 11 Aug 2011 11:18
- 6440 of 21973
out Dow +50 and some UKX +30
splat
- 11 Aug 2011 11:19
- 6441 of 21973
keeping eyes wide open, thanks Cyners
HARRYCAT
- 11 Aug 2011 11:22
- 6442 of 21973
.
splat
- 11 Aug 2011 11:24
- 6443 of 21973
out more UKX +40
skinny
- 11 Aug 2011 12:39
- 6444 of 21973
Dvu
splat
- 11 Aug 2011 13:02
- 6445 of 21973
Bzck in UKX @ 4957 and Dow @ 10642
HOC @ 428
splat
- 11 Aug 2011 13:11
- 6446 of 21973
out DOW @ 10,728 +86 and some UKX +40 :-)
skinny
- 11 Aug 2011 13:12
- 6447 of 21973
Off out shortly - I've left a buy in @4800 (with a stop).
HARRYCAT
- 11 Aug 2011 13:24
- 6448 of 21973
Flippin' 'eck! Wasn't DOW +170 earlier on this morning??? Now -80. I think we are now blaming the french banks for current weakness, due to their writedowns of greek debt.
cynic
- 11 Aug 2011 13:36
- 6449 of 21973
Number of people filing for initial jobless claims falls 7,000 to 395,000 in the latest week, first time below 400,000 in 4 months.
but will the markets respond? ...... i'm afraid i rather doubt it
skinny
- 11 Aug 2011 13:42
- 6450 of 21973
I think the trade balance deficit of $53.07B against the Consensus of $48.0B - highest since October 2008 might weigh!
Chris Carson
- 11 Aug 2011 13:43
- 6451 of 21973
I Tink the yanks are off there heads, will rally :O)
skinny
- 11 Aug 2011 13:45
- 6452 of 21973
Chris - you are probably right :-)
Chris Carson
- 11 Aug 2011 14:15
- 6453 of 21973
skinny - Balm pots the lot of em, made my dosh this morn, could go anywhere :O)
skinny
- 11 Aug 2011 16:28
- 6454 of 21973
Just back from my daughter's. See my power over the markets - expecting a fall to 4800 and the market rockets :))
cynic
- 11 Aug 2011 16:37
- 6455 of 21973
what a hairy-scary day; all over the place but final couple of hours were certainly very strong ...... not surprisingly, portfolio looks at least a bit healthier and even made a few shekels trading the indices ....... wouldn't it be nice if there isn't the customary friday sell-off
Chris Carson
- 11 Aug 2011 16:39
- 6456 of 21973
Don't panic skinny it's early yet, time for a 200 swing up, down and back again.