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
ahoj
- 07 Nov 2012 11:41
- 9444 of 21973
If Obama has the majority of votes, the majority of people are happy in the US. It will speak for itself.
Don't worry about debt so much. When GDP rises and debt rate will reduce.
2517GEORGE
- 07 Nov 2012 11:54
- 9445 of 21973
ahoj-------Have you considered that it's the debt that is suppressing the GDP, despite QE and the long period of zilch interest rates.
2517
KidA
- 07 Nov 2012 12:51
- 9446 of 21973
Election - any figures re the role of the Twatter Zombies/Social Media Drones?
Cheers,
KidA
skinny
- 07 Nov 2012 13:25
- 9447 of 21973
Just closed 2 shorts +40 +135 - tempted to go long - anyone else?
cynic
- 07 Nov 2012 13:35
- 9448 of 21973
no ..... in fact was considering adding to my short but that be just greedy ...... i think the markets will remain quite volatile, so money to be made in both directions if you can get the rhythm right
Chris Carson
- 07 Nov 2012 13:44
- 9449 of 21973
Tempting skinny but Dollar Index looks strong, waiting for a bit of weakness doesn't always work but going that way today. Who knows what those crazy yanks will do at 2.30pm though :O)
Shortie
- 07 Nov 2012 13:49
- 9450 of 21973
Still have two shorts open carried forward from yesterday, now at around breakeven if you include the overnight funding.
cynic
- 07 Nov 2012 13:51
- 9451 of 21973
decided to be disciplined and banked a very nice profit considering the modest exposure
i'll now wait and see ...... not impossible that dow will fall to +/-13000 again, in which case i shall then go long
Shortie
- 07 Nov 2012 13:55
- 9452 of 21973
One position remaining 13184 closed at 13141
Shortie
- 07 Nov 2012 13:56
- 9453 of 21973
13132.5 short remains open.
Chris Carson
- 07 Nov 2012 14:18
- 9454 of 21973
Out for now @ 5855.6 + 41.50
skinny
- 07 Nov 2012 14:18
- 9455 of 21973
Small long @13,122 - but won't hang around.
cynic
- 07 Nov 2012 14:35
- 9456 of 21973
have now reversed and taken the same modest sized long at 13065 ..... we shall see
cynic
- 07 Nov 2012 14:37
- 9458 of 21973
hindsight is great, but i came to the conclusion that as i was undecided whether to take a further short position, banking the profit on the table was the sensible decision
Shortie
- 07 Nov 2012 14:37
- 9459 of 21973
Just closed my other short 13132.5 closed at 13050.5, nice little profit made!!
skinny
- 07 Nov 2012 14:49
- 9460 of 21973
Shortie
- 07 Nov 2012 14:57
- 9461 of 21973
Very Good Skinny!! If you could turn the below into a chart I've marked support and resistance.
http://rt8.it-finance.com/FinSpreadsFlash/showimage.phtml?id=9879028a7ddd00674f42e435c52d5c56c18f16a82dae7cd91434cb00e23244f6&type=png
skinny
- 07 Nov 2012 15:08
- 9462 of 21973
I can't seem to atm, the best I can do is turn it into a clickable link -
click for chart
I'm sure hilary will enter stage left :-)
hilary
- 07 Nov 2012 15:45
- 9463 of 21973
Try putting it in an inline frame, and be sure to declare a width and height otherwise you'll get scrollbars.
<iframe src="http://rt8.it-finance.com/FinSpreadsFlash/showimage.phtml?id=9879028a7ddd00674f42e435c52d5c56c18f16a82dae7cd91434cb00e23244f6&type=png" width="820" height="620"></iframe>
Easy innit? :)