Summary of what Jim Slater said:

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• Summary of what Jim Slater said
• Small companieslt100m massively outperform
  large companies 10x
• Use just one intelligent parameter and beat the
  market
• Combine parameters to very strongly beat the
  market
• AIM offers IHT relief, business taper relief and
  EIS VCTs offer big tax relief
• CCCIC uses Zulu, REFS and charting for buying and
  selling

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?
As fans of Clinton Cards, weve watched the big
price decline and notice how the price suddenly
jumps through the MA and then stays above it.
Then The MAs cross each other - a golden cross
- so we buy around 106p.
3
?
It looks like a trading range is being
established so we draw two parallel lines the
price hits the lower line and we might have sold
on a stop loss but it quickly recovers.
4
?
Oh dear, the price starts bouncing along the
bottom of the trading range and then dives out of
it, cutting through the MA - we sell around 182p.
Or, were more cautious and sell at 172p, when
the two MAs cross, for a 43 profit in under two
years.
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And then price rises and cuts the MA . . .
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• Winning on the stock market
• Its my story in iii about investor who used
  Zulu and centred moving averages
• I bought second hand book written in 92 that is
  difficult to understand!
• Concentrates on probabilities and charting
  opposite of our fundamental analysis
• Offers a complete investment method but Im
  focussing on his charting methods to improve the
  timing of our buys and sales
• Some key concepts follow further talk with more
  charts and explanation?

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• Advanced charting
• Probability always wins in long term
• Being right 50 of the time will result in losses
  due to dealing costs
• Strategy is to make money, not hold shares
• 80 of shares will follow main market so only
  invest when market trend is up
• 20 chance of beating a falling market
• Only invest when market is trending up and
  shares price is trending up
• Our Growth filter contains relative strength
  over 1 yeargt0 Slater buys when share is
  behaving like a winner
• Sell when share dips, dont worry about market

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Excels moving average lags in timea centred
ma is simply moved back intime by half the span,
thus averaging theprice and the time.
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• Stop loss
• Must always use an automatic, percentage stop
  loss
• Loose 50 have to make 100 gain to recover
  capital
• 7.5 recommended
• Selling crystallises loss
• Stats say 2/3 of shares recover
• Only an earthquake justifies not selling
• 20-50 fall in a day
• Market still trending upwards
• Share has been trending up in last few months
• No sinister press comments
• No other better share to invest in

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• Market trend changing?
• A trend continues until it ends
• CCCIC unit price is flagging! FTSE100250 look
  to me to have peaked
• A proper analysis next month
• Oil prices still increasing
• US company results disappointing
• Dow Jones at 6 month low 3 days of sharp drops
• Blair will raise NIC by 3 very soon
• Directors of AIM companies sell/buy4.6 market
  overpriced?

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Download this presentation from the web site.

• www.cccic.co.uk

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• Next month
• Determining the markets dominant trend
• Determining a shares dominant trend
• Short term buying signals
• Channel analysis
• Lots of charts!