A whole lot of sitting and thinking deep into the night and I finally nailed it. I had decided that the problem had to be caused by a system error, not Excel. I opened up the Control panels page and looked through each item, seeking inspiration. Eventually I reached the Recovery control and it occurred to me that if I re-installed a version of the system that had been in place before my DDE problem occurred I might be lucky. I did and I was. So I was back in business.
Then this morning Sharescope, which has been at the core of my share trading for some 15 years, stopped working. That was simply solved. I called the helpline and the problem was fixed in minutes.
- a big part of the problem has been caused by the weakness of the Dollar and the strength of the pound, an effect that I measure but do not act upon because I assume that in the medium term it will right itself. It is beginning to do that now.
- I have taken a hit on GVC which represents a disproportionate share of my portfolio. I have no intention of selling any time soon because of its yield and strong fundamentals. In my opinion it is a thoroughly undervalued share
- for most of yesterday my share selection was making a good comeback in the face of anther 100 point down-day on the Dow and a 60 point down-day on the FTSE. Hope springs eternal. I have to remind myself I know how to pick shares.
- UK shares: GVC, PLE(don't ask me why, its one of these biotech stocks that may strike it rich one day)
- US shares: RAD. (I took profits on GTN yesterday. With yesterday's ups and downs a 20% paper profit dwindled to 16% by the time the money was in the bank. Partly because I did not jump in quickly enough, but mainly because of the broker grabbed 2% for the FX transaction (I am revisiting my decision to buy foreign shares in my ISA))
- CHINA shares quoted on the US market CREG RDA PME CCM HTHT BIDU HMIN VIPS CSIQ BITA DL SFUN EJ DHRM (I bailed out of JKS which was badly affected by the solar technology pull back)
- Hong Kong shares: 921 1180 35 184 1999 (I cut losses on 1001 635 and 287)
- Yesterday it pulled back from its lows
- futures are looking promising today
- the FTSE and the DAX are looking a little stronger.