brain2brain
- 21 Mar 2004 21:26
Hi Folks
This is yet another new boy on the block. I was hoping someone might help me with a question.
Since Jan when I first started investing in small cap shares I have bought about ten different shares including Armour, Topps Tiles, Aquaruius Platinum, Creston, Fisher (James), Dominos Pizza, Card point and Patient line.
Whilst trying to assess the performance of each recently, I noticed a pattern which I could not explain. All of the shares are within or above their 50 and 200 day moving average but many have followed a similar trend falling towards the 200 day average from about mid Feb or early March.
It appears to be a market trend rather than a movement peculair to an individual share but I can find no reason for these falls. Help!!!
Equally confusing is that most of my shares are now starting to climb back towards their trend line!!
Sorry for all the barble above but I am intreagued if someone can help.
B