P206 CEEFAX 2 206 Thu 25 Dec 22:48/20 1/5 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. Unit Trust Panel 207 Mortgages 250 TV Listings 600 Front page 100 Next News Wjathjt Shares Main MenuP206 CEEFAX 2 206 Thu 25 Dec 22:48/44 Barry Frieslandjr 2/5 Fairmount Group/Bolton Barry's weekly commentary is based on technical analysis, or charting as it is more commonly called. In the main, this type of analysis uses price and volume data as a means to forecast likely future price trends. Technical analysis deals with the effects of price moves rather than looking for the causes of those moves and as a result, comments may bj opposed to the fundamental view. The following pages feature shares to buy and hold and those to sell and avoid in the coming year. Christmas/New Year Next News Wjathjt Shares Main MenuP206 CEEFAX 2 206 Thu 25 Dec 22:44/24 Barry Frieslandjr 3/5 Fairmount Group/Bolton The ETC's go ahead for BDB is good news for digital TV. However, if the chart is anything to go by, the benefits to the Carlton shari price are unlikely to bj felt for some time to conj: avoid. Staying in the media sector, rathjt than being of benefit, last year's Thorn-EMI djmjrgjr has been an unmitigated disaster for shareholders. With no sign of recovery, continue to avoid EMI. With no sign of a recovjty in metal prices, Rio Tjnto is another candidate to avoid. Avoid also, Rank Group. Christmas/New Year Next News Wjathjr Shares Main MenuP206 CEEFAX 2 206 Thu 25 Dec 22:27/44 Barry Frieslandjr 4/5 Fairmount Group/Bolton Regular viewers will know that I have been unashamedly bullish of ASDA for some years, with recommendations to buy starting in 1993-4 in the 50-60p range. The shari s recent move above 125-130p gives a minimum target of 230p in dui course. Orange looks interesting: the share s recent move above 250-255p gives a target of 340-350p in dui course. Both National Power and Scottish Power show potential with targets of 825p and 680p, respectively. Christmas/New Year Next News Wjathjt Shares Main MenuP206 CEEFAX 2 206 Thu 25 Dec 22:24/24 Barry Frieslandjt 5/5 Fairmount Group/Bolton Moving on to the Mid-250s, Sjptembjr's move above 175p gives a target of 265-275p for Morrison Supjrmarkjts. Scottish Hydro and Southjtn Electric show promise with targets of 650p and 590-600p, respectively, pencilled in. Following on from September s bearish comment, Lonrho is performing according to plan and is on target to achieve a medium to long term target of 20-25p. Coats Viyella's djmjrgjr announcement is unlikely to stem the downtrend to a target of 30-40p, set in 1995. Christmas/New Year Next News Wjathjt Shares Main Menu