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Market Comment - February '18

February 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.

In early 1999 I wrote a report, “Opportunity Knocks or Apocalypse Postponed? Probably both.” It wasn’t perfect by any means, but it captured the nature of what lay ahead for the FTSE 100 – a crazy new peak, followed by a series of sharp downs and ups over a number of years. The look of the UK stock market in early 1998 is very similar to the Dow Jones in the US today, and that is very powerful information.Our template for a complete bull market tells us to expect a notable correction towards the end, followed by the market rising to a final peak. The long bull run had begun in November 1987, and that correction occurred in Autumn of 1998, with the FTSE down 25% in a little over 2 months.  Such a n ...

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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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