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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - November

November 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.

The portfolio had another difficult month, falling  just under1%, while the FTSE 100 and All Share indices rose 7% and 5.5%respectively.  Henlys fell through our stop-loss and was sold at121p, raising £7,946 after costs.  The portfolio has now fallenaround 8% since the start, but this compares to falls in the FTSE 100and All Share of 20.6% and 21.9%, respectively.  Clearly, ouraggressive stop-loss system is as good as any at protecting capital infalling markets.  In normal markets we would probably have boughtshares in Albemarle & Bond by now.  At 71p its prospective PEis just  10.9, but no-one seems to know what a normal PE should beany more.  We noted, with raised eyebrows, a rally ta ...

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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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