It's September and there is some confidence showing

After nearly 18months of bad share trading, ( a BEAR market) confidence seems to be returning and the market is rising again. (the BEAR is turning into a BULL and we hope there is a stampede by the herd which will push prices up.)This confidence is because America seems to be improving and although their unemployment rate is still high, people are buying houses again. (but can they afford the sure- to- rise interest rates?) Right now there are still many cheap shares under ten cents.

I recovered all the losses last month, and we made over 5000.00 profit on the shares I recommended. they were ABY.AX (bought at 11 cents and sold at 1.oo)
and MCW.AX bought at 17 cents and sold at 63 cents.
many of the under ten cents shares are rising slowly. so the message is:
if you invest $500.00 and a 1 cent share doubles, then you double your money and make another $500.00 plus get your investment back.
But of course you have to buy the right shares.. so what "sector" is likely to rise? energy, mining, food , banks, etc?? and what can we afford to buy with 500.00? That is the question.

Ask yourself, what has sold well before and dropped in the recession.? what was the previous high and low for the year (or check for two years). what has risen recently? so who knows what? why are people buying this particular stock?
go to the www.asx.com.au , check in the market statistics for volume each day. (after 4.30pm) see what rose and write down the companies that were cheap. then go to company research and look at their graph. Then go to www.yahoo.com. and type into the finance section the code plus .ax, example aby.ax and see the information quoted. you could also goto google to see how much money the company has.. it really needs to have a few million in the bank. say 50 mill. that is called capitalisation. too low and they might go broke, and you will lose all your money..
to learn more you can visit the pages at www.asx.com.au for heaps of free learning.
Making money on the share market is a JOB. you earn your money because you do research.
you do take risks, but you spread your risk by not putting all your eggs in one basket.

best of luck .Mega