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
Toya
- 02 Aug 2012 14:09
- 8645 of 21973
Nothing really has changed, has it? Surely the market will come back up for air...
cynic
- 02 Aug 2012 14:20
- 8646 of 21973
no, but the market has been pretty strong of late, so a quick plop is not entirely out of order
cynic
- 02 Aug 2012 14:23
- 8647 of 21973
momentum below 12500 is the panic button time
Shortie
- 02 Aug 2012 14:45
- 8649 of 21973
Looks like Eddie The Eagles ski ramp...
cynic
- 02 Aug 2012 14:57
- 8650 of 21973
somewhat bravely, i modestly topped up my dow long at 12880 ..... reasonable recovery now looks underway, so fingers x-ed
skinny
- 02 Aug 2012 15:01
- 8651 of 21973
USD Factory Orders m/m -0.5% consensus 0.4% previous 0.7%
Toya
- 02 Aug 2012 15:02
- 8652 of 21973
Stop bringing us bad news Skinny!
skinny
- 02 Aug 2012 15:05
- 8653 of 21973
All my monitors seem to have paused on the factory figures - so break up or down?
cynic
- 02 Aug 2012 15:19
- 8655 of 21973
fat chance Mistress! :-)
Toya
- 02 Aug 2012 15:22
- 8656 of 21973
Actually the DOW is looking a bit better, and I also bought in at just below 12900, to counter-act my losses, and that's worked nicely
Balerboy
- 02 Aug 2012 16:08
- 8659 of 21973
All too much for me......brain fried.,.
halifax
- 02 Aug 2012 16:17
- 8660 of 21973
continuing inertia in europe ='s down on friday. when Draghi talks about the euro being impregnable then it is a repeat of Lamont,words without action mean nothing.
skinny
- 02 Aug 2012 17:16
- 8661 of 21973
cynic - if you like Nasdaq shares, have a look at gilead GILD - I bought a few a while ago.
They are up 8% today on collaborative news -
NEWS AND EVENTS
HARRYCAT
- 02 Aug 2012 17:25
- 8662 of 21973
.
cynic
- 02 Aug 2012 17:41
- 8663 of 21973
it is very easy to fall into trying the falling knife trick with Dow ..... have manfully resisted so far, apart from a dabble at 12880 which looked to have been a really good punt for a little while
halifax
- 02 Aug 2012 17:43
- 8664 of 21973
cynic dow not looking good ar 12810, when do you bite the bullet?