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
Bernard M
- 29 Sep 2011 12:34
- 6928 of 21973
DOW Futures starting to reverse, downwards.
Chris Carson
- 29 Sep 2011 12:40
- 6930 of 21973
If indeces do sell off on US data, worth keeping a watch on gold chart and Dollar index chart to see which one is favoured as place of safety. I'm outa here playing golf.
Bernard M
- 29 Sep 2011 12:45
- 6931 of 21973
Not many places to hide with what is coming
Chris Carson
- 29 Sep 2011 12:47
- 6932 of 21973
Golf course better option than hiding behind the sofa Bernard :O)
skinny
- 29 Sep 2011 12:48
- 6933 of 21973
Don't do a Tevez Chris!
Bernard M
- 29 Sep 2011 12:51
- 6934 of 21973
Wake up skinny.
skinny
- 29 Sep 2011 12:54
- 6935 of 21973
Chris Carson
- 29 Sep 2011 12:59
- 6936 of 21973
Good one skinny, the only new club he will be going to till Jan is a new driver :O) Right that's me good luck guys, unlike Tevez my tee time is booked.
Bernard M
- 29 Sep 2011 13:15
- 6937 of 21973
Bernanke: U.S. Unemployment a National Crisis
Please do not this numpty speak today.
Bernard M
- 29 Sep 2011 13:38
- 6938 of 21973
skinny
- 29 Sep 2011 14:32
- 6939 of 21973
Here come those crazy yanks.
Bernard M
- 29 Sep 2011 14:38
- 6940 of 21973
Yes skinny bringing us down as soon as they trade.
splat
- 29 Sep 2011 14:58
- 6941 of 21973
short Dow @ 11265 :)
skinny
- 29 Sep 2011 15:04
- 6942 of 21973
Just thinking about going long :-))
splat
- 29 Sep 2011 15:07
- 6943 of 21973
out +35
Bernard M
- 29 Sep 2011 15:09
- 6944 of 21973
splat you should have stayed short.
Bernard M
- 29 Sep 2011 15:10
- 6945 of 21973
I am still short with a good trailing stop.
skinny
- 29 Sep 2011 15:12
- 6946 of 21973
I'm not playing the DOW today - I'm off to London shortly, for ex colleague's 60th.
splat
- 29 Sep 2011 15:13
- 6947 of 21973
yeah, you're probably right BM. Will look to get back in on another rise though, or further weakness, for that matter!