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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - December '09

December 2009

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.

It was a relatively quiet month for the TMI Trader Portfolio, which fell 0.4% while the FTSE-All Share rose 1.6%. Several constituents released some positive news flow including Marks & Spencer, whose half-year results beat forecasts and even its normally dour chief executive, Stuart Rose, was markedly more upbeat about consumer sentiment. Others showing well include Cape (after good contract news). High energy prices are also keeping the fires burning for oil services stocks with Kentz and Petrofac hitting new highs. The only real disappointment was Southern Cross, which slipped through our 125p stop-loss on 26 October, although we still made a gain of 44% after costs. This month's issue features  small-cap share Allianc ...

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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