P206 CEEFAX 2 206 Sat 13 Jun 21:11/48       The Stock Market Panel assembles professional expertise 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 be considered if you are ready to losj the sum invested. Selections made and opinions givjn are those of the panellists and are not necessarily shared by the BBC. * Investors are recommended always to seek professional advice. 1/5 Unit Trust Panel 207 Mortgages 250 TV Listings 600 Front page 100 UT Panel Annuities TaxIndex Main Menu
P206 CEEFAX 2 206 Sat 13 Jun 21:11/08       Barry Frieslander Fairmount Group/Bolton FTSE (5852.5): It is now official, Japan is in the grip of recession. Asian and global stability is not helped by Yen weakness, currently at an 8 year low against the Dollar, and rumours that China is about to devalue. Back in the UK, Chancellor Brown's statement to increasj public spending is seen as potentially inflationary, opening the way for further rate rises. In the short term look for resistance around 5900-5950 with support in the low 5800 range. A breakdown below 5800 implies further weakness to 5650- 2/5 June 13-14 UT Panel Annujties TaxIndex Main Menu
P206 CEEFAX 2 206 Sat 13 Jun 21:17/21       Barry Frieslander Fairmount Group/Bolton First Leisure (432.5p): This Mid-250 company operates a wide range of leisure facilities in the UK from hotels and health clubs to discos and bars. The medium to long term outlook is good with the share s recent move abovj 400p givjng a minimum target of 560p in duj coursj. The share is ovjrbought in the short term. Expect profit taking around current levels taking the share back to retest 400-410p before resuming the uptrend. Buz into the pull-back. 3/5 June 13-14 UT Panel Annujties TaxIndex Main Menu
P206 CEEFAX 2 206 Sat 13 Jun 21:16/32       Barry Frieslander Fairmount Group/Bolton Orange (508p): Viewers who purchased this share around 250p just before Christmas last year, are now sitting on substantial profits. If you missed the boat in December, you had another opportunity to buz the share at the end of March between 360 to 370p. The share is now overbought. Look for resistance around 510-520p with support re-emerging around 470-480p. As for the long term, the outlook remains bullish. Prospective investors should buz into the price pull-back. 4/5 June 13-14 UT Panel Annujties TaxIndex Main Menu
P206 CEEFAX 2 206 Sat 13 Jun 21:14/25       Barry Frieslander Fairmount Group/Bolton Wm Morrison (296p): A vice to buz the share around 170-180p in September last year proved timely. The share has now more than fulfilled my minimum target of 275p, set at the time. With the share now ovjrbought and resistance likely around current levels, now would be a good time to cream off some profit. The medium to long term outlook is good. Expect support to re-emerge around 275-280p before resuming the uptrend. A movj abovj 300p would signal 400p in the offing. 5/5 June 13-14 UT Panel Annujties TaxIndex Main Menu