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
CC
- 22 Mar 2018 16:54
- 21741 of 21973
I agree capitulation here in the UK, but not so sure about US.
Trying to decide what to chuck the proceeds from ALD takeover on. Hmmm
cynic
- 22 Mar 2018 17:05
- 21742 of 21973
really?
DOW now down 420 at 24,260
cynic
- 22 Mar 2018 19:49
- 21743 of 21973
bloody hell - DOW -720 at 23,950
HARRYCAT
- 22 Mar 2018 21:51
- 21744 of 21973
I was about to say the same thing.......Bloody Hell.
Trade war looming?
HARRYCAT
- 22 Mar 2018 21:52
- 21745 of 21973
CC
- 22 Mar 2018 22:59
- 21746 of 21973
hmm. Bought some more FTSE at 6877. I would prefer that we don't fall much further now.
I am pretty uncomfortable with this trade. I'm not sure what will stop the Dow falling further and how that will cascade onto all other markets
Claret Dragon
- 23 Mar 2018 05:33
- 21747 of 21973
As i feared. The Trump bump now turned into the Trump dump.
Looked pleased with himself yesterday.
CC
- 23 Mar 2018 07:40
- 21748 of 21973
Capitulated my long last night. A bit frustrating but no damage done as stakes low.
cynic
- 24 Mar 2018 11:22
- 21749 of 21973
i have been exceedingly fortunate these last few days in managing to trade DOW profitably every time ..... i could easily have made some serious errors, and indeed, i note as i write that DOW is now down a further 450 at 23,500
cynic
- 26 Mar 2018 10:34
- 21750 of 21973
i don't know what sparked the sudden reversal of fortunes in cash DOW over the w/e, but sadly and yet again, no reciprocal action by either FTSE or DAX
CC
- 26 Mar 2018 10:52
- 21751 of 21973
FTSE has come back 100 pts since Dow low on Friday?
CC
- 27 Mar 2018 21:20
- 21752 of 21973
This is ridiculous. what this time?
cynic
- 28 Mar 2018 09:49
- 21753 of 21973
DAX
at a technical support level (11,785) but it takes a brave man to back that - and i'm not!
cynic
- 28 Mar 2018 15:37
- 21754 of 21973
DOW all over the place again, but not sure i have the patience to "play" today
Claret Dragon
- 29 Mar 2018 08:19
- 21755 of 21973
First qtr has shaken a few trees.
Claret Dragon
- 02 Apr 2018 18:48
- 21756 of 21973
Another bad day on Wall Street.
cynic
- 02 Apr 2018 20:02
- 21757 of 21973
so why are you not NOW shorting FTSE or DAX?
it's easily done
Claret Dragon
- 02 Apr 2018 20:59
- 21758 of 21973
I only trade during opening hours.
Taken enough from Dow today.
Closed out.
No open positions on indices.
cynic
- 04 Apr 2018 09:42
- 21759 of 21973
China announces major retaliation for US tariffs
China has said it will impose tariffs on 106 products originating from the US, according to an announcement on state television on Wednesday, in response to tariffs on Chinese imports outlined hours earlier by the Trump administration.
The new tariffs on soybeans, automobiles, and chemical products, reported by CCTV, roiled financial markets in Asia and Europe, with Hong Kong and German markets hit particularly hard. Soybeans also fell sharply in commodity trading.
=================
all indices smacked very hard with cash DOW dumping 400
cynic
- 04 Apr 2018 13:47
- 21760 of 21973
in fact, DOWwas down about 600 a little earlier
were it not for DT's overweening egotism, one could be confident that the two sides will sort their differences to a greater or lesser extent, albeit behind the scenes, to allow both sides to soften their stances without losing face