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Update: Is X'mas, who cares about the market

December 24th 2006 05:33
It is the season afterall, who cares about the market. A self-comfort as Portfolio 1.5 - EW* shed 0.25% to a closing return of 37.79% on Friday 22nd December, 2006. After cost profits deducted $106 to $14,984 from the previous day profits of $15,090. The best performing stock in the portfolio is LIM as it gained a profit of $6,570 to date, while ILU is the polar opposite having lost $560.




The winner stocks are highlighted in yellow

The shortened trading session saw the market doing a run up as funds were parking in banking stocks. The S&P ASX 200 benchmark index added 20.2 points to 5603.7 points as the market closed at 2pm. Nevertheless, eventhough the portfolio did not reach the 40% mark but it is fair to say to forget about the market for now. Throw it out of the window and the expectation of returns should be replaced by expectations and performance of sharing, love and caring.

And before I head off to my Christmas Eve gathering, I would like to share and spread this message with all of you;

Lest We Forget This Season

The wide grins followed by surprises and laughters filled the place as the wrappers dot the floor. The fire is burning in the pit as everyone BBQ thier favourite meat. Family, friends, pressies and a full stomach, what more can we ask for? Irrespective of religion, this season we rejoice the spirit of sharing, love, family and friendship. We always emphasis "sharing is caring" but do we really share and care? Maybe to our family and friends but do we remember the have-nots who don't have family and friends, going hungry and shivering during the night?


Lest We Forget. If you have the chance, do share, if you care. They do not ask for expensive gifts but just a full stomach and a blanket.

Merry Christmas and a Happy New Year.



*Disclosure

NOT SPECIFIC INVESTMENT ADVICE

This information has been prepared for distribution over the internet and without taking into account the investment objectives, financial situation and particular needs of any particular person.

The blogger makes no recommendations as to the merits of any investment opportunity referred to in its website. It is advisable to obtain specific investment advice before making anyinvestment decisions relying on the information provided. While the information available in this publication is obtained from sources believed to be reliable, the blogger gives no assurances or guarantees that the information is accurate, complete or current.

The information is provided for informational purposes only and not intended to constitute legal, financial or professional advice. It has no regard to the investment objectives or circumstances (financial or otherwise) of particular recipients, and is not an exhaustive outline of available investment opportunities.

Appropriate professional advice should be obtained prior to acting on any information contained in this publication. The blogger will not be liable for any loss or damage incurred by any person directly or indirectly as a result of reliance on the information contained in this publication.

PAST RESULTS
Any past results shown or mentioned in any of our reports or web pages do not guarantee future performance.

ACCURACY OF DATA
Whilst all information on this site is believed to be accurate, we take no responsibility and give no assurances that it is accurate. We advise that you to double check any
data before acting upon this information.

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