FTSE taking a bashing today

sabretoothtigger

Yea I know, I wondered why you would you'd phrase like it that. Confused me anyway
put puts


I'll check out their website, just wondering what the rough cost of an option like that is as Ive heard them described as very risky but I'd prefer the fixed cost they offer

chucky

http://www.moneyweek.com/investment-advice/markets-will-fall-further-but-some-stocks-look-cheap-14647.aspx

So I wouldn't be buying into any index trackers right now. But that said, a falling market drags down all stocks – not just the ones that deserve it. That's left some of the more defensive stocks that we're generally keen on looking very attractive right now.

So this could be a good chance to top up on some decent, high-yielding blue chip stocks if you haven't already. Among the oil majors, BP (LSE:BP) is yielding more than 7.5% just now, while Royal Dutch Shell (LSE:RDSA) is on more than 6%. And big pharma looks attractive too. GlaxoSmithKline (LSE:GSK) is yielding around 5.4%, while AstraZeneca (LSE:AZN) is yielding around 5.7%.

as an example there is money to made from the FTSE - just stay away from trackers!
not sure about his comments about GlaxoSmithKline and AstraZeneca with Obama around...

ps. the author is an anti-bank doom person...

sabretoothtigger

That is supposed to be the whole basis of buying stocks, not instant gain but a share of a business you believe in.

Im inclined to agree with guys who say some good is done in a fall in that it shakes out all the false speculation and gives some value in the right stocks.
A bit like how some view the housing fall

Put on your serious face and focus on how well you think a company can maintain its dividend in the future. A tracker is obviously indiscriminate in this respect though obviously better then buying just the wrong stocks of course

turbobob

sabretoothtigger wrote: »

Yea I know, I wondered why you would you'd phrase like it that. Confused me anyway
put puts


I'll check out their website, just wondering what the rough cost of an option like that is as Ive heard them described as very risky but I'd prefer the fixed cost they offer

Have you looked at covered warrants? E.g. http://uk.warrants.com/services/quotes/searchall.php?code=FTSE+100 They seem a bit more accessible than options in that you can trade them online through a broker account.

mewbie_2

purch wrote: »

you appear not to understand what 'being long FTSE puts' means.

I'd like to say I am considering 'going short FTSE gets' fairly soon.

Does that work? Or is my attempt at bluffing trading knowledge a miserable failure?

sabretoothtigger

Ive looked at all sorts but understanding it is another matter

I had a look at sucdens demo account but I didnt manage to locate the option I had an interest in. Often Ive found demo accounts dont quote all instruments.

Their cfd dealing charges look cheaper then ive seen elsewhere

Thanks Bob

ad44downey

Some city sage predicted a few months ago that the FT-SE 100 would sink to the 2,000 level. Many scoffed at his view. Could he be right?

kabayiri

ad44downey wrote: »

Some city sage predicted a few months ago that the FT-SE 100 would sink to the 2,000 level. Many scoffed at his view. Could he be right?

On Newsnight last night Paul Mason showed a chart of the US stockmarket value during the '29/'30s crash. It showed a fall of over 80% from peak to bottom.

He then overlaid the current US share graph. There was a remarkable match between the 2.

His closing statement was to suggest that the only thing stopping the current graph following the '29 graph completely was positive collective intervention from the world financial leaders.

I personally think history has a lot to teach us, because fundamentally the market is driven by the same human emotions.

Cannon_Fodder

I suspect enough people will think its the bottom if we get below 3,000, and start buying in sufficient numbers that it *should* not get 'much' lower.

I refuse to define 'much', though!

sabretoothtigger

Just the magic effect of a round number should see 3000 cause a rally. If theres bad news enough then it'll redouble and pass through

The sp500 is clinging onto 700 like that now