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Market Comment - March '18

March 2018

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 markets have got interesting in the last month. Last time I set out one possible roadmap for the 1-2 years ahead, and in particular highlighted that before the end of the current uptrend (from 2009) we should see a correction in the region of 25%. Put another way, I said expect a correction of substance, and from that low the final upward wave from 2009 would unfold.As you can imagine, the most frequent question since the last edition has been, “was that it?” In most markets those falls earlier in February did not exceed 10%, and were really just a wobble. In fact the technical picture does not look complete, and that implies that the wobble will end with falls nearer 15% in the weeks just ahead. That will still not ...

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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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