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
- 27 Sep 2011 14:55
- 6853 of 21973
DOW keeps having a look @11,300.
skinny
- 27 Sep 2011 17:25
- 6854 of 21973
Amazing! Only this time yesterday, I was being scorned for calling 11,000. The DOW is 11,330 as I type. Where next?
halifax
- 27 Sep 2011 17:38
- 6855 of 21973
skin if eurozone problems not sorted down to sub 10000.
Bernard M
- 27 Sep 2011 17:47
- 6856 of 21973
Ever the cynic yorky.
HARRYCAT
- 27 Sep 2011 18:33
- 6857 of 21973
As I said in post #6773 "Looks like wednesday will be the crucial day for data from the U.S. Crude oil inventories, durable goods orders & speech from Ben B on state of the U.S. economy," so depends on that, imo. Personally am going to take profits on wed morning just in case Ben B casts a downer on things.
Bernard M
- 27 Sep 2011 18:53
- 6858 of 21973
Don't you think BB's buddy's the big boys at Goldman, and other institutions will not know well before he speaks the content, and therefore the markets will react to this Tuesday.
Don't forget they all attend the same church.
cynic
- 27 Sep 2011 19:33
- 6859 of 21973
certainly markets never go up (or down) in straight lines
cynic
- 27 Sep 2011 20:32
- 6860 of 21973
disagreement re terms for greek bailout tomorrow indicates a (sharp?) down day, even though a solution will almost certainly be found at 11th hour
skinny
- 27 Sep 2011 20:57
- 6861 of 21973
Yes - how fickle are the markets - I certainly never learn !
Bernard M
- 27 Sep 2011 20:58
- 6862 of 21973
FTSE closed today at 5294
FTSE Futures at 20.57 5232 looking like 70 points down at Wednesday open. But who knows maybe a miracle.
I blame that Ben B******
HARRYCAT
- 27 Sep 2011 21:04
- 6863 of 21973
.
Bernard M
- 27 Sep 2011 21:09
- 6864 of 21973
Should have taken profit today Harry it may be gone by Wednesday. Not often do i stay in overnight.
cynic
- 27 Sep 2011 21:11
- 6865 of 21973
can't you trade out of hours?
gibby
- 27 Sep 2011 21:17
- 6866 of 21973
excellent trading conditions then - down then straight back up - lol! interesting day ahead again
Chris Carson
- 27 Sep 2011 21:46
- 6867 of 21973
Shit night for the Mancs tonight, on both sides of the city. Oh dear,oh dear, oh d
ear :O) Oooops sorry wrong thread.
Bernard M
- 28 Sep 2011 07:58
- 6868 of 21973
God gives, and takes away.
HARRYCAT
- 28 Sep 2011 09:18
- 6869 of 21973
You were right BM, damn it! Can't you be wrong just for once??? ;o)
Bloo*y Eurozone kicking off ....again.
skinny
- 28 Sep 2011 09:27
- 6870 of 21973
Greece bailout money decision looms
European Commission, European Central Bank (ECB) and International Monetary Fund (IMF) officials are expected in Athens later to review Greece's progress in cutting its debt levels.
Bernard M
- 28 Sep 2011 09:30
- 6871 of 21973
You get a feel the FTSE wants to rise but then it seems it is being pushed down with unknown situations in Europe
Bernard M
- 28 Sep 2011 09:41
- 6872 of 21973
Sorry Harry. FTSE will rise this afternoon.