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
BigTed
- 22 Nov 2007 09:14
- 181 of 21973
Was already watching them (SCHE), have thinned out some more this morning, taking a big hit on AMER out at 7.3p first thing, for better or worse. Am now stake building in TAN and CRA, the latter more of a gamble and yet you have to keep reading their last RNS and believing...?!!! still have NPE, TMC and RGM and some other crap (PELE)etc
BigTed
- 22 Nov 2007 09:40
- 182 of 21973
Your other fave CTH is taking a hammering recently, maybe an alternative to SCHE when it stops falling...
trader6
- 22 Nov 2007 14:58
- 183 of 21973
Shame the USA cant be closed everyday, they tend to ruin everything thesedays.
cynic
- 22 Nov 2007 15:03
- 184 of 21973
CTH is only a small holding for me as very illiquid ..... meanwhile SCHE has recouped at leasst a little of yesterday's bloodbath losses
of your others, i only hold TMC, ands that is cos i forgot to take profits when there were plenty there and just sat and watched them flow away to a thumping loss
HARRYCAT
- 22 Nov 2007 15:40
- 185 of 21973
Cynic, your spelling & grammer are below par lately. Unusual for you. :o)
As T6 says, it's amazing how we can steady the ship when the U.S. sleeps. Some of my stocks are back in profit today, so am in selling mode before the DOW futures start to kick in.
cynic
- 22 Nov 2007 16:03
- 186 of 21973
et toi mon brave? ...... par example: "grammer" .... lol!
HARRYCAT
- 22 Nov 2007 16:11
- 187 of 21973
Touch
Friday & monday look to be reasonably quiet days on the news front in the U.S.
Possibly a short reprieve for us guys with equities & a chance to get out with small profits.
BigTed
- 22 Nov 2007 18:06
- 188 of 21973
A completely blue day for me :)
well... green actually, according to TDW :)
HARRYCAT
- 23 Nov 2007 11:49
- 189 of 21973
DOW futures currently +74, so looking good for more FTSE blue this afternoon.
cynic
- 23 Nov 2007 13:50
- 190 of 21973
before we all start getting carried away by a couple of good days in London ......
NEW YORK (CNNMoney.com) -- Stocks futures rose early Friday, lifted by easing oil prices, although economic concerns and thin trading during the shortened session could lead to a volatile day on Wall Street.
A little more than an hour before the opening bell, Nasdaq and S&P futures were higher, suggesting a positive start for Wall Street.
Lower oil prices offered a boost. Light, sweet crude for December delivery pulled back from $100 a barrel and was down 62 cents to $96.67 a barrel in electronic trading.
But sentiment could shift to the downside as fears of slowing U.S. growth linger.
ptholden
- 23 Nov 2007 14:01
- 191 of 21973
Not that I normally trade the Indices but looks a little toppy to me :S
HARRYCAT
- 23 Nov 2007 14:18
- 192 of 21973
For us conventional traders of stocks, the last 24 hours & possibly in to monday look to be a good opportunity to make some money. Mid & late next week we have Redbook retail sales figures, Homes sales, Petroleum status report, Money supply & GDP figures all hitting the headlines in the U.S. I bet they aren't all going to be good!
cynic
- 23 Nov 2007 14:20
- 193 of 21973
it's not a case of the numbers being good or bad but more a case of whether they are perceived as worse or better than expected
ptholden
- 23 Nov 2007 14:35
- 194 of 21973
Closed FTSE short for +6.5 not a lot but it all helps, will have another look later
ptholden
- 23 Nov 2007 15:10
- 195 of 21973
Short DOW, err, based on not a lot :S
ptholden
- 23 Nov 2007 15:35
- 196 of 21973
umm, and again wiv a little top up :)
ptholden
- 23 Nov 2007 16:03
- 197 of 21973
oops, stopped out, my own fault should have taken the profit when it was there :(
cynic
- 23 Nov 2007 16:30
- 198 of 21973
no ... should have gone long ... lol!
ptholden
- 23 Nov 2007 17:06
- 199 of 21973
One way of looking at it Richard, however, having another go, wonder if there will be a sell off before the US close (6pm today I believe)
cynic
- 23 Nov 2007 17:10
- 200 of 21973
now my long is quite well in the monmey, i have set a stop that will still leave me in profit if hit .... on that basis, will be comfortable to leave it open over w/e