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
dealerdear
- 18 Aug 2011 15:08
- 6493 of 21973
Banks were suspended because of down 10%
skinny
- 18 Aug 2011 15:10
- 6494 of 21973
Just closed DOW short @10,920 +490.
jonuk76
- 18 Aug 2011 15:21
- 6495 of 21973
Wow, nice trade :)
skinny
- 18 Aug 2011 15:23
- 6496 of 21973
Cheers Jon - that 5 minute period must have triggered a few stops.
HARRYCAT
- 18 Aug 2011 15:26
- 6497 of 21973
It's about now that the big boys are asked to turn off their black boxes isn't it, so that trading is stabilised?
skinny
- 18 Aug 2011 15:48
- 6498 of 21973
skinny
- 18 Aug 2011 16:00
- 6499 of 21973
Looking at Harry's post 6485 - tomorrow could be an interesting day - especially after today.
cynic
- 18 Aug 2011 19:12
- 6500 of 21973
what a seriously ugly day ... glad i was out playing golf, though it was a trifle damp towards the end
cynic
- 18 Aug 2011 20:17
- 6501 of 21973
10750 and 4850 are the nasty key numbers, so i am told
HARRYCAT
- 18 Aug 2011 23:40
- 6502 of 21973
.
tomasz
- 19 Aug 2011 07:42
- 6503 of 21973
time to buckle up
Bernard M
- 19 Aug 2011 07:46
- 6504 of 21973
Black Friday at least at opening.
skinny
- 19 Aug 2011 08:13
- 6505 of 21973
Anyone for 5,000.
tomasz
- 19 Aug 2011 08:34
- 6506 of 21973
happy that no drama so far..can be waiting for DOW.. could be double bottom in the making and everyone waiting for rally..Tom DeMark projecting stage setup for DOW 20% rally soon..
Bernard M
- 19 Aug 2011 08:42
- 6507 of 21973
4900 coming
skinny
- 19 Aug 2011 08:46
- 6508 of 21973
4791 the low last week.
Chris Carson
- 19 Aug 2011 08:50
- 6509 of 21973
If it breaks that skinny next stop 4470 gulp!
skinny
- 19 Aug 2011 08:51
- 6510 of 21973
Some crazy yields on offer - AV touched 8% earlier.
tomasz
- 19 Aug 2011 09:26
- 6511 of 21973
comeback to 5012.. no drama..silence before storm or storm is over..
dealerdear
- 19 Aug 2011 09:36
- 6512 of 21973
The thing I'm convinced of listening to Bloomberg and CNBC is nobody really knows why this is happening now.
To say economies are in a mess, well we've known that for a long time. Yesterday there was a story that a Euro bank had had an emergency loan; or is it forced selling; is it just fear we're going back into a recession?
Lots of questions but no answers. It is a little strange that all politicans seem to have disappeared from the planet during it.