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
- 24 Jan 2014 16:01
- 14081 of 21973
Shortie
- 24 Jan 2014 16:01
- 14082 of 21973
Just closed all FTSE shorts and taken profits.. Best trading week this year yet!
skinny
- 24 Jan 2014 16:06
- 14083 of 21973
Well done Shortie - pint? :-)
Chris Carson
- 24 Jan 2014 16:09
- 14084 of 21973
Nice one Shortie :O)
Shortie
- 24 Jan 2014 16:15
- 14085 of 21973
Thank you guys...
Still have open positions (long futures) GKP, TRK, UKCM, PKM, FTO (short) IMG only... Have a good weekend..
HARRYCAT
- 24 Jan 2014 22:56
- 14086 of 21973
.
cynic
- 25 Jan 2014 07:19
- 14087 of 21973
lost my "dinner" back and rather more more last night, so very silly me :-(
if i'd paid attention, i would have shorted when 16020 was breached sharply, but that is still prob a good bet i'm afraid
skinny
- 25 Jan 2014 10:04
- 14088 of 21973
bhunt1910
- 26 Jan 2014 13:43
- 14089 of 21973
Well done Shortie - R U expecting a bounce - or are you just takiing your profits off the table
halifax
- 26 Jan 2014 18:42
- 14090 of 21973
place your bets FTSE down tomorrow?
cynic
- 26 Jan 2014 20:02
- 14091 of 21973
that's surely a no-brainer initially - at least 60 points and then perhaps to 100 as forced selling takes place .... but after that, it'll be interesting
bhunt1910
- 27 Jan 2014 07:59
- 14092 of 21973
Well its recovered 80 points so far from its friday night low of 6535 - the open will be interesting - but I reckon it will continue to slowly recover.
BWTFDIK
Shortie
- 27 Jan 2014 10:13
- 14093 of 21973
Bhunt - A bit of both really, quite keen to cash in some profits and also take money off the table... Have a look at Skinnys daily chart above, FTSE has been bouncing off the 50dma line for some time now and the MACD triggers have become directionless.
cynic
- 27 Jan 2014 10:40
- 14095 of 21973
looking at skinny's chart, the implication is that at least a bounce is imminent ..... except that most will be governed by the behaviour (position) of standard FTSE
Oakapples142
- 27 Jan 2014 10:44
- 14096 of 21973
What a "balls up" created by the Shadow Chancellor
skinny
- 27 Jan 2014 10:49
- 14097 of 21973
I know he opens mouth to change feet quite regularly, but even he couldn't cause this correction fall.
skinny
- 27 Jan 2014 11:02
- 14098 of 21973
An interesting view if you are looking at 3D.
3D Printing: Who's Got The Power
Shortie
- 27 Jan 2014 11:05
- 14099 of 21973
6569.5 gone long
cynic
- 27 Jan 2014 11:06
- 14100 of 21973
i already hold DDD though it's a bit scary and there is an argument that it is currently o'bought .... however, there is no question that this is a very important development/concept for the near future