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
cynic
- 19 Oct 2012 08:04
- 9114 of 21973
IG .... i use their L2 platform, not least because us stocks such as GOOG zip about a bit at the best of times, so you can choose when to press the button
skinny
- 19 Oct 2012 08:13
- 9115 of 21973
Ok thanks.
skinny
- 19 Oct 2012 09:30
- 9116 of 21973
GBP Public Sector Net Borrowing 10.7B consensus 11.9B previous 12.4B
Shortie
- 19 Oct 2012 09:33
- 9117 of 21973
Nice to see Google paid off!
Shortie
- 19 Oct 2012 09:37
- 9118 of 21973
Probably lose the gains shorting Apple though next week...
cynic
- 19 Oct 2012 09:58
- 9119 of 21973
should imagine you made enough for a 3-week holiday at Sandy Lane!
Shortie
- 19 Oct 2012 10:24
- 9120 of 21973
I wish Cynic, only had a very small amount on it as I wasn't able to watch. FTSE250 12079 I'm going short today...
ahoj
- 19 Oct 2012 13:04
- 9121 of 21973
Shortie,
HOw is your position on FTSE250. Are u out?
skinny
- 19 Oct 2012 13:30
- 9122 of 21973
CAD Core CPI m/m 0.2% consensus 0.3% previous 0.3%
Shortie
- 19 Oct 2012 13:31
- 9123 of 21973
I'm down but not out yet -17 pts....
chuckles
- 19 Oct 2012 13:35
- 9124 of 21973
FTSE should maybe be lower than it is, much stronger than the Dax at the moment and hasn't really followed the Dow Cash down either.
ahoj
- 19 Oct 2012 13:45
- 9125 of 21973
Yep, very strange. I think they plan to reverse again.
what do u think about next week?
cynic
- 19 Oct 2012 13:51
- 9126 of 21973
GOOG indicating to open back over $700, but shall shut my mind and ears and eyes to the siren song!
chuckles
- 19 Oct 2012 13:52
- 9127 of 21973
I'm expecting a down day today, if that should happen then next week will all depend on where it finishes. A small sell off would perhaps favour more downside on Monday, but overall, it's going to keep going up until after the US election. Just my thoughts, probably way off.
skinny
- 19 Oct 2012 13:52
- 9128 of 21973
I would think it will end the session up - can't say the same for Microsoft!
chuckles
- 19 Oct 2012 13:55
- 9129 of 21973
FTSE is refusing to sell off though so thoughts above entirely irrelevant unless it does
Toya
- 19 Oct 2012 14:53
- 9130 of 21973
'U.S. stocks opened lower on Friday following disappointing results from Microsoft and McDonald's, while General Electric reported revenue that fell short of estimates.'
Not looking too promising to me - staying short FTSE for now
skinny
- 19 Oct 2012 15:01
- 9131 of 21973
USD Existing Home Sales 4.75M consensus 4.73M previous 4.82M
chuckles
- 19 Oct 2012 15:01
- 9132 of 21973
Good thinking Toya, FTSE isn't really playing the game today, but if the Dow keeps going down it will cacth up after the London close.
Toya
- 19 Oct 2012 15:08
- 9133 of 21973
Yes I reckon so Chuckles. Everything seems in the red today, on all the European indices too. I think we're due a bit of a pullback
Also: US existing-home sales fall 1.7% - but it's really the results that are dragging down the market today imo