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
cynic
- 14 Jan 2015 10:09
- 17381 of 21973
was too busy on the phone and missed taking a ftse profit (have left running) but now have modest long in dow which is just in the money
i wonder if today will be like yesterday with dow .... hairy scary, but plenty of opportunities to make money in both directions
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prob end up trying to be too clever by half :-)
Shortie
- 14 Jan 2015 10:12
- 17382 of 21973
The DOWs your baby, I don't tend to play there and don't follow it...
Shortie
- 14 Jan 2015 10:13
- 17383 of 21973
6468 I'm out again.. mixed signals
Shortie
- 14 Jan 2015 10:15
- 17384 of 21973
6469.8 short again. 6475 resistance noted..!
cynic
- 14 Jan 2015 10:43
- 17385 of 21973
i'm going to the gym shortly so shall almost certainly close one position
my inclination is the ftse short which is currently in the money, though not by much, as i think dow shows more profit prospect
Shortie
- 14 Jan 2015 10:55
- 17386 of 21973
FTSE 10min, last weeks low 6366 ish is current support and where to watch..
Balerboy
- 14 Jan 2015 11:06
- 17387 of 21973
Which pub's that then cyners??
jimmy b
- 14 Jan 2015 11:08
- 17388 of 21973
LOL
Balerboy
- 14 Jan 2015 11:32
- 17390 of 21973
:))
Shortie
- 14 Jan 2015 11:34
- 17391 of 21973
Sports and Grill Bar, I give Cynic more credit, much more likely to be this one..
http://www.gymskitchen.com/?page_id=881
Shortie
- 14 Jan 2015 11:40
- 17392 of 21973
The man of the moment!!
Stan
- 14 Jan 2015 11:41
- 17393 of 21973
Leyton High Rd. eh? As he only gets a 3 hour lunch break that should be just the job.
Shortie
- 14 Jan 2015 11:44
- 17395 of 21973
The menu actually looks quite good..
Shortie
- 14 Jan 2015 11:47
- 17396 of 21973
6435 position closed.
cynic
- 14 Jan 2015 13:06
- 17397 of 21973
sod's law .... should have closed long dow and left ftse short running ..... hey ho
Shortie
- 14 Jan 2015 13:25
- 17398 of 21973
I should have left the short also but had to pop out.
cynic
- 14 Jan 2015 13:37
- 17399 of 21973
complete bloodbath at the moment, probably and primarily on the back of JP Morgan's further $1bn set-aside for fines
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DOW
should have support at around 17340 or perhaps as low as 17300
however, on yesterday's and indeed today's performances, neither supports nor resistances have had much meaning
cynic
- 14 Jan 2015 14:00
- 17400 of 21973
i have bravely or foolishly (shall let you know!) opened another small Dow long at 17373.4