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
- 24 Aug 2015 08:44
- 18381 of 21973
very thankful indeed that by far the largest % of my assets are held in bricks and mortar
jimmy b
- 24 Aug 2015 08:44
- 18382 of 21973
Good buying op if you ask me .
cynic
- 24 Aug 2015 08:49
- 18383 of 21973
no hurry if you ask me ...... ok if you're looking long(er) term, but very dangerous to try to trade
cynic
- 24 Aug 2015 10:43
- 18385 of 21973
the correct call is probably to sell or even short into a any rally ....... change that ...... the correct call is probably to stay neutral!
jimmy b
- 24 Aug 2015 10:50
- 18386 of 21973
I agree ,i have however bought GKN early this morning,i see a decent return there ,happy to hold for months .
Surely a bounce in the indicies at some point ? or is this a 2009 style crash if so there will be stocks at bargain basement prices somewhere down the road .
cynic
- 24 Aug 2015 10:57
- 18387 of 21973
assuredly there'll be at least DCB, but indicators are currently that such a rally will be short-lived
Claret Dragon
- 24 Aug 2015 13:33
- 18389 of 21973
Implications of this sell off are going to spew into other areas not yet considered.
HARRYCAT
- 24 Aug 2015 14:21
- 18390 of 21973
Such as......?.......or haven't you considered them either? ;o)
jimmy b
- 24 Aug 2015 15:06
- 18391 of 21973
Don't think i've ever seen such a swing in the indicies in one day.
Claret Dragon
- 24 Aug 2015 16:07
- 18392 of 21973
Wish I knew HARRYCAT. I am not that clever.
Claret Dragon
- 24 Aug 2015 16:14
- 18394 of 21973
It getting proper naughty out there!!!
jimmy b
- 24 Aug 2015 17:38
- 18395 of 21973
Don't tell me the DOW's going to end the evening blue .
cynic
- 24 Aug 2015 18:00
- 18396 of 21973
i've been out most of the day but managed a couple of very small but profitable trades this afternoon ...... i think it's the only way to play at the moment, or at least, i don't have the balls to do toherwise
i also accidentally went short first thing this morning ...... shame i didn't have foresight as i closed them immediately i realised what i'd done
cynic
- 24 Aug 2015 18:30
- 18397 of 21973
DOW now seems to be a hitting a wall at around 16,330 and then dropping away
watching the 10-minute chart isn't a bad way to determine what to do - if anything
cynic
- 24 Aug 2015 19:43
- 18398 of 21973
now getting close to 16,000
below that, 15,800 or thereabouts is the support
HARRYCAT
- 24 Aug 2015 19:54
- 18399 of 21973
.
Fred1new
- 24 Aug 2015 19:57
- 18400 of 21973
What support are on?
Whisky or Brandy!