September Fears..

Captains blog, stardate 31.8.2009..

August has been a starmonth I should never forget, the players on Stockmarket making moves so fast, random speed-buying on all sorts of penny shares, with price hikes defying gravity and breaking through resistance levels at pace.. By studying stock-charts, price history can be seen.. By studying company media and business fundamentals, a story can be formulated.. Finding a stock with a growth or recovery story and a favourable trading history is fairly easy just now, so many potentially highly-profitable long-term investments out there, instant, liquid and ready to buy.. But tomorow is the 1st of September, and the pro's are back from there vacations, ready, hungry for the game, to shaft a few amateurs out of some trading capital, and to possibly short the FTSE100 this week on it's first top-out @ 5000 points.. Many on the surface of planet Stockmarket have been waiting for a pullback, like the yoyo ball reaching it's limit, re-coiling back toward from where it took off.. Doubtful in my humble opinion that the market will pullback any lower than 4650, where I see solid support, but a 350 point drop on the planet's main index can amount to huge losses on individual stocks, so caution is required now once more captain, September is gonna be dangerous, could lose a lot of hard-cash gains if not taken.. The professionals love taking your money, they're back in the game, and they've got deep tans..

Be very very careful this starmonth captain, it will toss-up some big surprises, try catch the good ones and prosper..