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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Market Comment - April

April 2002

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

"One of the great mysteries of this economic cycle is how one of thelongest periods of growth in US history could end without the sharp recession that many believed was required to rectify the structural imbalances in the economy".  So says one analyst, though a sentiment shared by many.  The answer may be a sharp recession in 2003 or 2004.  But that's not our problem for now – we're still focused on bullish potential immediately ahead. Leadingindicators in the US suggest a recovery is underway.  There aresimilar signs in Germany.  Even in Japan, business confidencesurveys are improving.  In the UK, institutions were shy ofinvesting in the first quarter, but are going to find it hard to notinve ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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