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Market Comment - April '10

April 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.

We remember reading an article in the FT late last year which highlighted there had been 19 bull markets in the last 100 years. It was one of those pieces that said that it didn’t know where the market was going but it did know where it had been. Nevertheless it was interesting as it highlighted that of the 19 rallies, all but one had run for at least 14 months.    The article noted that bull markets that began with muted rallies were often followed by sharp advances in the following year. The corollary was that powerful initial moves were followed by weak markets. The present bull run is 12 months old and started with very strong share price rallies so you would not expect the bulls to maintain the upper hand for ...

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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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