Dear %%first_name%%,

I’m going to do something unusual this week. I’m going to join the bears for a bit. Not long term of course, I’m still fairly confident we’ll finish the year ahead, but although markets have rallied both here and in the US, I’m not sure we’ve seen the end of this ‘tech wreck’ just yet.

I wouldn’t be too surprised if we saw a bit more volatility in the days and weeks to come. Charlie Aitken thinks so too and is again talking caution in his article today. He says investors should be shifting out of momentum stocks and moving into the Top 20. He also likes stocks with big short positions, like JB Hi-Fi.

Also in the Switzer Super Report today, we’ve got investor extraordinaire Geoff Wilson on why you should try and avoid companies with PEs above 25 and Paul Rickard suggests a good yield portfolio in this environment in our Questions of the Week.

I also get together with Paul to talk about what happened to Coca Cola Amatil last week on Super TV.

Tony Negline also looks at a new ruling on loans in super funds, so make sure you read that if you don’t want to pay extra tax and in Buy, Sell, Hold – what the brokers say, Coca Cola gets a bunch of downgrades, as Telstra is upgraded.

And I hope you all have a very restful Easter break. Ill still be sending out my Saturday morning missive and our regular report will be back with you on Tuesday.



Sincerely,

Peter Switzer

What’s going on with Coca Cola Amatil? Paul Rickard and I got together on Super TV to discuss the share price drop.