NOVEMBER 2009

Sharemarket Update

Tim Lincoln, Lincoln Stock Doctor

As the economic recovery gathers pace, the stock market has continued to make impressive gains: 5% in September, usually a slow month. But Tim Lincoln of Lincoln Stock Doctor reminds us that it's still unpredictable, and investors are not helped by what he calls the "noise" from economists and analysts who add confusion rather than clarity. He says very few predicted the October interest rate rise and their forecasts should be treated cautiously. Concentration on long-term performance by companies with sound financials, good management and strong prospects will still pay off.