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 Jun 2014 15:44
- 15901 of 21973
Also just taken my third FTSE short of the day @6,795.6.
cynic
- 24 Jun 2014 17:02
- 15902 of 21973
a little nonsense from elsewhere .....
Dubai enters bear market. Stocks in Dubai have been battered by concerns about the growing turmoil in Iraq, where insurgents have been gaining ground in the oil-rich nation.
The Dubai DFM General index plunged more than 6% overnight. It was the worst one-day drop since Oct. 2008, according to a note from analysts at ETX Capital. The index is down more than 22% so far this month, putting the Persian Gulf Emirate in a bear market.
"There is a possibility that traders are liquidating positions as a result of the current situation in Iraq which has eaten at sentiment in the Emirate region," the analysts wrote.
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i remain staggered (and out of pocket) that dow refuses to take the hint
cynic
- 24 Jun 2014 18:32
- 15903 of 21973
hallleujah! ..... i seem to have made a correct call at last as i belatedly added a dow short at 16937
Claret Dragon
- 24 Jun 2014 19:42
- 15904 of 21973
100 point swing today on DOW
At least there has been some action.
cynic
- 24 Jun 2014 20:56
- 15905 of 21973
and very big smile from this corner!
skinny
- 25 Jun 2014 08:29
- 15906 of 21973
Last short closed @ 6,744.2 +51.2.
cynic
- 25 Jun 2014 08:36
- 15907 of 21973
closed last night's dow short with a nice profit of 115 points
have left a couple of others running and shall ponder
skinny
- 25 Jun 2014 08:41
- 15908 of 21973
Just added HFD as a potential hedge next week - XD July 2nd @9.1p
Shortie
- 25 Jun 2014 09:40
- 15909 of 21973
I also closed yesterdays 16956 Wall St short last night for a 128 point gain.
JMAT, bottom formation, looking very oversold right now.
skinny
- 25 Jun 2014 10:09
- 15910 of 21973
HFD 3.5 points in the money.
Shortie
- 25 Jun 2014 10:41
- 15911 of 21973
Well done Skinny..
skinny
- 25 Jun 2014 10:54
- 15912 of 21973
Well it was!
Cheers anyway Shortie :-)
CBI Realized Sales @11
Claret Dragon
- 25 Jun 2014 14:21
- 15913 of 21973
Not seen sell a off like this for a number of weeks
skinny
- 25 Jun 2014 16:08
- 15914 of 21973
Yes - 2 month low earlier and FTSE negative YTD again.
HARRYCAT
- 25 Jun 2014 17:36
- 15915 of 21973
.
Shortie
- 26 Jun 2014 10:11
- 15916 of 21973
All I need do again today is sit back and watch my shorts.
skinny
- 26 Jun 2014 11:13
- 15917 of 21973
HFD & HWDN going well!
Shortie
- 26 Jun 2014 15:00
- 15918 of 21973
Everything indicies looking rather bliss right now...
Shortie
- 26 Jun 2014 15:10
- 15919 of 21973
Profits taken in FTSE, no remaining positions....
KidA
- 26 Jun 2014 15:39
- 15920 of 21973
Going by the Historical Prices section of Yahoo! Finance, volume seems weak. Is this the correct picture?
+1 on your profits Shortie.
Cheers,
KidA