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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - October

October 2006

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.

With the market indices trading sideways in the dog days of late summer, it was of little surprise that the TMI Trader Portfolio drifted off 1% to £290,527. The biggest negative impact was the US$11 a barrel fall in the oil price from its all time high in reaction to rising oil stocks and the return of peace to Lebanon. With Iran’s lack of willingness to stop its nuclear program still hovering like a big black cloud, this could be just a pause in the long up-trend but it has knocked our mini oil & gas portfolio slightly. That said, only Sterling Energy is a cause for concern and we have just initiated a stop-loss of 18p as a precaution ahead of its results on 19th September. Elsewhere, Hargreaves Services st ...

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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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