Venue – RE Bar, Eastcote, NW London Quick review of 2005 Strong London Market The London stock market was extremely strong in 2005. At start of year, about 1000 (33% of total 3000) stocks were above 120 day Moving Average. At end of year, about 1500 stocks (50%) are above 120 day Moving Average. From Jan to Dec 2005 the FTSE100 index has risen about 15% which is about 2-3 times the average yearly increase. The total number of daily trades has soared. Top 7 Best & Worst Sectors Best % Worst % Mining +48% Household goods & textiles -14% Aerospace/Defence +42% Telecomms -1% Insurance +35% General Retailers -0.7% Tobacco +32% Media & photography +4% Pharmaceuticals +31% IT hardware +4.5% Chemicals +30% Health +4.7% Electricity +29% Forestry & paper +4.8% Stock of the Year QXL is the stock of the year – rising nearly 1000%. 4th Jan = £8.475p 2nd Dec. = £91.50 + 980% 19th Dec = £120.00 + 1315% If you bought QXL at £3.20 in Nov. 2004, you’d have a profit of +3650% Many Stocks in a 2-3 year Uptrend A random sample: Bellway 460p 2003, 1121p 2005 = +660% Ideal Shopping 40p in 2004, 328p 2005 = +720% Persimmon 440p 2003, 1275p 2005 = +190% Savills 120p in 2003, 975p 2005 = +710% Tullow Oil 85p 2004, 273p 2005 = +221% Membership I have added everyone, who has made a post to the "UK User group" topics, to the new forum email system. Next Meeting Saturday 4th March 2006 - London supershares over 100%. Time: 7.30pm. Venue: RE Bar, Field End Road, Eastcote. I wish everyone a merry christmas. rgs Alphateam