excerpts from my weekly stock market report, page-7

Hi Andrew,

I send the reports out by email to a group I'm mentoring in Brisbane.

I'm looking at a web-site in the near future.

The guts of the report I'll post on HC at the beginning of each week.

The biggest problem with posting here is that I'm an IT nearnderthal using a Macintosh and I haven't been able to work out how to post charts.

While the charts help a lot in visualising - the written information I display here in the excerpts sums up most of what I say.

The report is an educational aide for beginners who don't want to be active traders - but medium to long term investors.

The preferred medium is the XJO tracking stock STW.

The report recommended being out of the market on STW from early November. It recommended going back in at 5780 (on the XAO) in early May, and out again in late May at 5818. Basically flat on the trade.

So the people who get the report have been on the right side of the market since the big down turn began.

I also put out as an adjunct something I call the SOS Report. (Six Outstanding Stocks) These are BHP, CSL, MQG, QBE, WOW, WPL. These stocks provide diversity across sectors and the value/growth spectrum. (Actually - WOW is looking like a Dog stock to me at this time.)

Of these three stocks, BHP, WPL and CSL are on "close watch". The others are not in contention for investment at this time.

BHP and WPL gave "buy" signals yesterday - so they should be bought today.

I've only just begun the SOS Report a couple of weeks ago. Its being benchmarked against a buy'n'hold strategy on the STW.

We'll see how it goes.

Cheers
Red