Buy more APF Anglo Pacific Group @ SC

PURCHASE of  Anglo Pacific Group Plc Ord 2p
at: 148.7100 pence on 06 JUN 2007

Sell Dec DSG 170 put

Contract = (DXNS) DSG International Plc dec07 170 Put
Exchange = LIFFE London International Financial Futures Exchange
(Principal)
Currency = GBP
Type = Sell to Open
Quantity = 2
Price = 12.75p
Gross = �255.00cr
Net = �228.90cr
Trade Date = 04 Jun 2007

Sell MRVL Jan 17.50 call

redoing the call spread to lower strike

Contract = (MRVL-N) Marvell Technology Group jan08 17.5 Call
Exchange = Chicago Board Options Exchange (Agent)
Currency = USD
Type = Sell to Open
Quantity = 2
Price = $1.65
Gross = $330.00cr
Net = $310.00cr
Trade Date = 04 Jun 2007

Buy Share Plc Ord

Owning shares in the Share centre gets you 1/3 of dealing costs
Trades on its own platform

PURCHASE of Share Plc Ord 0.5p
at: 25.0000 pence on 01 JUN 2007 date at 03:00PM

ETF Trends: ETF Performance Reports

It is worth keeping track of the best sectors + etf s with a view to weighting your portfolio towards the strongest sectors. Obviously this brings a risk of holding the most ' fashionable/ overvalued' shares. Hopefully a reasonable market overview + a bit of commonsense will help avoid the worst!

Usefull monthly reports @ etftrends.com
http://www.etftrends.com/etf_performance_reports/index.html

Bullish sector ETFs comparison - US basic materials

These ETFs are in strong uptrend.
They track the basic materials economic sector of the U.S equity market.

XME - metals + mining has the best recent performance but more volatility.
VAW has a 1.33% yield + good mix + low TER = 0.26%....? safest bet

Good Uptrends AMEC+ SGR Shaw

AMEC

AMEC
Perfect Uptrend - looks like I got out way too soon.
M Cap -Stg 2 B
Div 2 % P/Sales=0.62

UK based international project management and services company.
In global infrastructure/ environmental/ energy services areas.
Incl nuclear services.
Being re-organised for more profitability.
''strategy to make AMEC a leading supplier of high value consultancy, engineering
and project management services to the world's energy and industrial process markets."

Share buyback programme To date, 2.85 million shares have been bought in the
market to be held in treasury for a total cost of nearly #15 million.The board intends
that further buybacks should be made during the course of 2007.

Big institutions seem to be taking profits now though.

...............................................

SGR Shaw Group

SGR Shaw serves similar global markets from US base.
Shaw has won Chinese contracts to design + build nuclear power stations.
Again sold too soon.

M Cap 3.5 B USD
P/Sales 0.66
Revenue 4.9 B
No Div
7 % sold short


SGR v AMEC











Conclusions:
Both are in major uptrends
SGR looks more overstretched in short term
AMEC looks safer buy now
Both look good on a pullback