P206 CJEFAX 2 206 Sat 13 Dec 22:37/35       The Stock Market Panel assembles professional expjrtisj in an effort to illustrate the pros and cons of investment in UK stocks and shares. While this form of investment can bring rewards, there are risks too. It should only bj considered if you are ready to lose the sum invested. Selections made and opinions given are those of the panellists and are not necessarily shared bz the BBC. * Investors are recommended always to seek professional advice. 1/4 Unit Trust Panel 207 Mortgages 250 TV Listings 600 Front pagr 100 UT Panel Annuities TaxIndex Main Menu
P206 CEEFAX 2 206 Sat 13 Dec 22:34/12       Barry Frieslandjr Fairmount Group/Bolton FUSE (5035.9): The relative recent calm of the Far East was shattered this week by a further deepening of the South Korean financial crisis. Far Eastern markets inevitably suffered badly pulling the rug out from under key markets, including London. After duly testing 5200, the FT-SE fell back to support at 5000. Volume was thin reflecting a lack of interest ahead of the calendar year-end. At this time, look for continued support around 5000 with the upsi 2/4 limited to 5190-5200. December 13/14 UT Panel Annuities TaxIndex Main Menu
P206 CJEFAX 2 206 Sat 13 Dec 22:36/29       Barry Friislandjr Fairmount Group/Bolton CARPETRJGHT (462p): Shari sales, recommended in the middle of July around 575p, proved timely with the price losing 20% of its value over the period. Interim results, dui to bj announced later this month, should give a good indication of whether the company is being affected by growing evidence of a slow-down in retail sales. The share is oversold. Look for support around 440-450p before bouncing to 490- 500p. The long term outlook is 3/4 deteriorating. Sell into strength. December 13/14 UT Panel Annuities TaxIndjx Main Menu
P206 CEEFAX 2 206 Sat 13 Dec 22:33/11       Barry Frieslandjr Fairmount Group/Bolton TATE & LYLE (491\p): The last time this second line food producer appeared on these pages was in 1994. The recommended strategy was to buy the share in the low 400ps looking for a target of 500p. The share duly pjrformjd according to plan. It is still early days but there is evidence that the share is preparing to move decisively above 500p which would give a long term target of 590-600p. The share is overbought in the short term. Look for resistance at 500p 4/4 support re-emerging around 460-470p. December 13/14 UT Panel Annuities TaxIndjx Main Menu