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
- 06 Nov 2012 08:22
- 9403 of 21973
GBP Halifax HPI m/m -0.7% consensus 0.5% previous -0.4%
EUR Spanish Services PMI 41.2 previous 40.2
skinny
- 06 Nov 2012 09:31
- 9404 of 21973
EUR Italian Services PMI 46.0 previous 44.5
GBP Manufacturing Production m/m 0.1% consensus 0.3% previous -1.1%
GBP Industrial Production m/m -1.7% consensus -0.6% previous -0.5%
Shortie
- 06 Nov 2012 13:15
- 9405 of 21973
Gone short on Wall ST DFT @ 13132.5.
Chris Carson
- 06 Nov 2012 13:37
- 9406 of 21973
Closed an overnight long @ 13,130 at 7.11am this morning for + 40.
At 1.02pm coin landed on heads (bought the dip) @ 13,134 one of us will get lucky shortie, trade to nowt stop @ 13,094. (Trades on Cap Spr futures chart)
cynic
- 06 Nov 2012 13:55
- 9407 of 21973
both of you could make a turn, but i don't think the market will move much before the election result, and perhaps not even then
Shortie
- 06 Nov 2012 13:56
- 9408 of 21973
-25pts at the moment, so see how it goes, I do favour the downside though, support has been trully tested over the last week.
cynic
- 06 Nov 2012 14:02
- 9409 of 21973
even if the 12900/13000 support is broken purely on inexplicable knee-jerk, i think that will merely present a buying opportunity (long)
Chris Carson
- 06 Nov 2012 14:08
- 9410 of 21973
And out for now @ 13,155.5 + 21. Back to bed working tonight.
Shortie
- 06 Nov 2012 14:16
- 9411 of 21973
Well done Chris, a swing back the other way now would be nice.. I'm expecting volatility so a good chance of making something.
skinny
- 06 Nov 2012 14:27
- 9412 of 21973
Tough call today chaps - going to spin my coin shortly!
skinny
- 06 Nov 2012 14:40
- 9413 of 21973
Hmmmm - God help us (the markets) if 'Mitt' wins!
Shortie
- 06 Nov 2012 14:46
- 9414 of 21973
Debating opening another short position
skinny
- 06 Nov 2012 14:49
- 9415 of 21973
I've had a small one @80, but reluctant to get too involved yet - CAD PMI @3, but all eyes on the results now I guess.
halifax
- 06 Nov 2012 14:50
- 9416 of 21973
short seems the best idea at the moment in case there is a "hung" poll as there was a few years back.
cynic
- 06 Nov 2012 14:55
- 9417 of 21973
i suggest do nothing!
Shortie
- 06 Nov 2012 14:56
- 9418 of 21973
13184 second short position opened
skinny
- 06 Nov 2012 15:00
- 9419 of 21973
CAD Ivey PMI 58.3 consensus 58.3 previous 60.4
tomasz
- 06 Nov 2012 15:22
- 9420 of 21973
do nothing not really exciting, is it
skinny
- 06 Nov 2012 15:26
- 9421 of 21973
I know there aren't many yield seekers here, but RSL is on fire today currently +8.4% and with a yield of nearly 8%.
Shortie
- 06 Nov 2012 15:36
- 9422 of 21973
Already hold resolution equity in my ISA... Not a bad stock for yield, cover alright too.