Put your hands up if you're hot right now! (hot right now, hot right now)
Yes, I can't that annoying song out of my head either. "Can't get you out of my head..." Now I'm singing that one. I need help.
Stop taking rubbish Robbie, get on with it, man.
No seriously, we all feel hot right now. The year so far has been tremendous. Indeed, in a mo I shall take you through my Ten to Follow for 2012, which I wrote about here last year. The ten so far have shown a very decent return in a short time. Indeed if you said to me in January “would you take those returns for the year now?” I'd have said yes.
But with all this comes a warning: when we feel hot we're also being a bit smug too, as we're all great traders when the market's been going up.
And we have to be careful to consider taking profits after a good run - I've been taking profits here and there on some of mine.
Also.take a look at the FTSE 100 chart: it will take some action to get it going through 6100 - though I guess we will all be happy if it does and it is not inconceivable.
Shares at the moment seem to be pausing for breath and April's action will probably show us the way as to whether these gains will carry on or whether it is time for a fall off.
Anyhow, let's go back to my ten to follow and see what's been happening with them!
Innovation Group (TIG): Risen about 15% - keeps announcing new contract wins though, the share price seems stuck at around 20p for now - would look to take profits at 22-23p.
Monitise (MONI): Risen about 25% but very volatile. Can't get through 40p.
Carclo (CAR): I took profits on a few near 400 and they are about 350 - awaiting news on its touchscreen technology. Not moved much.
Vislink (VLK): A brilliant mover from 18p to near 30p, so close to doubling.
Kentz(KENZ): In the FTSE 250 and been stuck at 450 - results next week might shift them, well hopefully up!
Iomart (IOM): Very nice winner indeed with a good rise from 110 to 140 - good recent statement and one I am hanging onto.
Computacentre (CCC): I ended up taking profits of near 20% on these recently at 455 but looking to buy back lower if I can - could still have a great year.
Filtronic (FTC): A definite winner - got these at 16p and now over 30p for a nice double. Any further rise though will need a promising statement.
Yule Catto (YULC): Wow, an amazing start to the year up from 150 to 250 and I could not resist bagging some profit. However, potential bid target this year so hoping to get back in.
BAY Bayfield Energy.A high risk oil play which has paid off so far rising from the early 50s to the late 60s. It is headed by Finian O'Sullivan who took Burren Energy from 200p to 1230p - so obviously an excellent guy to have on board here. The kind of share that could still double or more in 2012 and staying with it.
I am sure many of you have been doing well but in closing perhaps it is time to say always remember it's good to bank profits!