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
ptholden
- 01 Nov 2011 20:25
- 7330 of 21973
Nigh on impossibe Ricardo, scalped about 50 pts off the DOW in three trades and wasn't in any for more than sixty seconds!
cynic
- 01 Nov 2011 20:31
- 7331 of 21973
tomorrow morning may give some clue - but doubtful :-))
ptholden
- 01 Nov 2011 20:34
- 7332 of 21973
Who knows, FTSE would have had a really good day today with the GDP had it not been for the sodding Eurozone :(
dreamcatcher
- 01 Nov 2011 21:00
- 7333 of 21973
Andrew Roberts from RBS (LSE: RBS.L - news) said Italy's debt stress is "dangerously close to a level that could cause pandemonium in financial markets".
Dc, After Greece its got to be Italy next, then Spain, then-----
cynic
- 02 Nov 2011 07:24
- 7334 of 21973
markets are totally nuts!
skinny
- 02 Nov 2011 08:01
- 7335 of 21973
NXT results going down well - opened up a quid.
cynic
- 02 Nov 2011 08:07
- 7336 of 21973
good grief! just shows what i know
skinny
- 02 Nov 2011 08:10
- 7337 of 21973
cynic - it is even more mad than usual - SL. IMS may give the insurers a fillip.
skinny
- 02 Nov 2011 08:16
- 7338 of 21973
NXT all time high 2736 +179 - unbelievable.
tomasz
- 02 Nov 2011 08:16
- 7339 of 21973
its mad , but we have to survive this level otherwise pandemonium..
required field
- 02 Nov 2011 08:30
- 7340 of 21973
Wish I had more time to play these ups and downs......
dealerdear
- 02 Nov 2011 08:35
- 7341 of 21973
One thing people seem to have forgotten is that if Greece decide to leave the EU and banks are forced to take a 100% haircut, then the money earmarked for Greece could be given to the banks to cover some/all their losses.
cynic
- 02 Nov 2011 09:41
- 7342 of 21973
and this morning's euphoria quickly evaporating ...... and good point DD ..... there is also a view that lancing the greek boil now is no bad thing
required field
- 02 Nov 2011 09:43
- 7343 of 21973
It's the size of the debt that is incredible....a small country like Greece owing a trillion euros or so.....hard to believe....
cynic
- 02 Nov 2011 10:23
- 7344 of 21973
not if no one pays tax it isn't!
skinny
- 02 Nov 2011 12:31
- 7345 of 21973
ADP Employment Change slightly better than expected @110k v consensus @101k.
skinny
- 02 Nov 2011 12:37
- 7346 of 21973
Greek Yields Rise Over 90 Percent on Default Concern; French Bonds Decline
Greek two-year note yields rose to more than 90 percent for the first time as Europes leaders prepared to tell the nation there is no alternative to the budget cuts agreed on under its international rescue plan.
skinny
- 02 Nov 2011 13:00
- 7347 of 21973
halifax
- 02 Nov 2011 14:11
- 7348 of 21973
rf where do you get a trillion euros from, at the end of 2010 greek public debt amounted to 329billion euros and is currently around 355billion?
skinny
- 02 Nov 2011 14:14
- 7349 of 21973
Halifax - if you find out - please let me know :-)