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
- 30 Oct 2012 07:27
- 9281 of 21973
cynic - I've been long since early August (albeit fairly small), I also hold some safer dividend infrastructure plays through the likes of JLIF & HICL etc.
On edit:-
You could be right with the DOW selling off tomorrow and (hopefully) recovering on an Obama win.
skinny
- 30 Oct 2012 07:31
- 9282 of 21973
I've just seen this :-
U.S. nuclear plant declares "alert" after Sandy storm surge: NRC
NEW YORK | Tue Oct 30, 2012 6:55am GMT
(Reuters) - Exelon Corp declared an "alert" at its New Jersey Oyster Creek nuclear power plant due to a record storm surge, the Nuclear Regulatory Commission said, warning that a further water rise could force the country's oldest working plant to use emergency water supplies to cool spent uranium fuel rods.
The alert -- the second lowest of four NRC action levels -- came after water levels at the plant rose by more than 6.5 feet, potentially affecting the pumps that circulate water through the plant, an NRC spokesman said late on Monday.
Toya
- 30 Oct 2012 07:36
- 9283 of 21973
Echoes of Fukushima!
MarketWatch.com have problems with their site - no doubt power outages
cynic
- 30 Oct 2012 07:37
- 9284 of 21973
almost akin to minor earthquake in patagonia; no casualties reported
Chris Carson
- 30 Oct 2012 08:55
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Managed to scalp + 25 on Dow overnight (at work). In Long both UKX and Dow this morn. Sometimes the bleedin obvious (short) seems too bleedin obvious :O)
skinny
- 30 Oct 2012 09:10
- 9286 of 21973
I'm hovering on a short :-) - currently quoted @13,088.
cynic
- 30 Oct 2012 09:12
- 9287 of 21973
that construction sector index is a pretty lively thing ..... it started at -5 and is now +20 after +40
Toya
- 30 Oct 2012 09:41
- 9288 of 21973
I've set up a DOW short at 13120 - in case it lashes out to reach up there. May edit it down later
skinny
- 30 Oct 2012 09:42
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cynic - it isn't purely a construction index. It (Household Goods & Home Construction) also tracks companies such as RB. and CHH.
Shortie
- 30 Oct 2012 09:44
- 9290 of 21973
There should be some support for Apple just above 600 (where it currently is) if this breaks 575 should provide support.
cynic
- 30 Oct 2012 09:58
- 9291 of 21973
i was looking at "construction and materials"
skinny
- 30 Oct 2012 10:04
- 9292 of 21973
Oh ok - the one I posted above, and am long on is this :-
On edit - amongst other things, it covers the housebuilders.
skinny
- 30 Oct 2012 12:54
- 9293 of 21973
cynic - a bit on AAPL here
iii lunch time round up
cynic
- 30 Oct 2012 13:30
- 9294 of 21973
thanks skinny .... will have to ponder best move and ensure that i don't just hold because i'm in love
ahoj
- 30 Oct 2012 14:31
- 9295 of 21973
You are not the only one in love. The love affair will improve the growth and push the share prices higher.
cynic
- 30 Oct 2012 15:29
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there's a lot of conflicting opinion so you choose as you will
KidA
- 30 Oct 2012 15:49
- 9297 of 21973
Apple,
Increased competition from Google, Microsoft etc. aside, the management change appears to be positive.
Cheers,
KidA
cynic
- 30 Oct 2012 16:01
- 9298 of 21973
like i said, lots of conflicting views :-)
ahoj
- 30 Oct 2012 16:55
- 9299 of 21973
cynic,
What is your opinion about oil price? How much room to fall?
cynic
- 30 Oct 2012 17:03
- 9300 of 21973
i'm afraid i haven't been following it of late, but i see US Light is just under $87.00 ..... i think that's the benchmark that the saudis use too, and they won't care for crude to be below $85.00 for long as that is the historic level at which they set their budget
meanwhile, saudi well development is rocking the moment, though Aramco, who control these things, are notoriously fickle and unpredictable, so it could just as easily be stopped in its tracks