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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - May '10

May 2010

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.

The last time there was a hung parliament was in 1974 with the FTSE-30 (as it was then) losing more than 50% and with opinion polls pointing to another indecisive result, investors might have been forgiven for expecting the worst. But as so often happens (and helped by the fact that inflation is a fraction of the 27% recorded 36 years ago) the consensus was the wrong way to bet. Instead the FTSE 100 and small cap indices surged 3.0% and 3.7% respectively, while the TMI Trader portfolio grew 2.3% during the past month. Four constituents hit new highs, the most impressive being Petrofac, which adjusting for the free shares received in the newly-demerged Enquest, has now gained 81%. The portfolio has been adjusted to report the EnQue ...

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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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