Quick Comments on Companies Presenting
I have seen a number of interesting companies over the last few weeks but when I look at how their share price charts are performing, I am reminded of the phrase that “tryIng to pick the bottom of a downtrend is like trying to catch falling knives". The downtrends need to show signs that they are turning before committing new money. Though, if we can improve on last Friday's better market performance, we may have turned the corner.
Whether or not there is further to fall, it is time to be drawing up a short list of companies that you want for the next leg. Maybe you want to stick to what you already have, but maybe you should be considering other stories. This week I have briefly mentioned a number of companies that seem to be doing well operationally. Maybe you should consider them.