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
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? :)