A review of the last quarter….

The stockmarket is taking a breather before it decides which way to head. The FTSE 100 has moved nowhere in the last three months, hovering around the 5,200 mark. However, this week saw the index fall below the 60 day moving average for the first time since July, a worrying sign. Stand by your beds and get ready for action!
My Sipp, unfortunately, has fared worse in this period, down almost 7 percent, hit by poor performances by the likes of Renesola (down 27%), Spice (down 28%) (both of which I still hold) and unprofitable brief forays into Findel, Superglass and Yell (all of which I have realised losses on).
Of course there are shares in my SIPP that have performed well (Inland, May Gurney, Synergy Health) and there are disasters that I have avoided by timely sidesteps!
In summary I have made some good decisions and some bad decisions. Looking back, in this blog, is helping me learn from both.
My new year’s resolution is to ensure that I am more rigorous in ensuring that both the fundamentals and the moving averages are both screaming “buy” before I part with my hard earned cash.