Our next Waikato Technical Analysts meeting will be Thursday 19 July,

7.15pm for 7.30 start as usual. $5 cover charge.

The Morrinsville venue 2007 is the Morrinsville Community House Masonic Wing (at the rear of the main building) and opposite the Council car park, Canada St West.

For those coming from Hamilton on Thames St, turn left at the ANZ Bank, and for those coming from Thames/Te Aroha turn right after the Caltex Service Station.

Please let me know by reply that you will be coming or not if you haven’t already done so.

THIS MEETING

We begin the meeting with an overview of the markets and general discussion on the current trading environment, then…

We continue our collective insights to the opportunities, threats and disciplines we could be attentive to in this 2007 trading year.

THOUGHT FOR THE MONTH.

Well, it’s an interesting time. Equity markets are buoyant, apart from the occasional pause for breath. Interest rates seem no barrier to investor optimism. Rental property reportedly continues as the preferred investment vehicle. China and Asia lead the growth stakes and commodities are booming.

For some the picture appears rosy and for others the clouds loom.

The clouds certainly loom for those who invested in Bridgecorp – not the first finance company to fail in recent times.

Where to put your money for profit is the perennial question that bothers many whether investors or traders.

For traders there have been a number of ads I’ve come across lately for subscription services offering wonderful research insights into the markets from which magnificent profits can be made. The subscriptions are substantial, the information complex.

Perhaps the sceptics will see this activity as opportunistic – real ‘riding the crest of the wave’ stuff.

Perhaps those more generous will attribute altruism to these purveyors of promise.

Interesting times or not, for traders the perennial question should be: How can I preserve my capital and make my money work too? That’s what our meetings are about!

Successful trading! I hope to see you at the meeting.
Cheers and profits
Graham