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Stock Investors head for villagers for advice - 1/6/00 Pocklington Post

The tiny village of Bielby seems a long way from the manic trading in the stock markets of London, New York and Tokyo, but that is exactly where shrewd investors are heading for the very best in share advice. However the investors' journey is not by road but through cyberspace as a highly acclaimed website giving free share hints and tips and updated daily by Bielby resident and best selling author Malcolm Stacey.

The site www.sharecrazy.com was launched last week by Brighton man Alan Green, who made a 'modest fortune' on the stock market after reading Malcolm's book 'Armchair Tycoon'. The book contains hundreds of tips on how to make money through the buying and selling of shares, and so Alan decided that the advice needed to be aired to a wider audience.

Alan said: 'The book really was brilliant stuff, written so simply, and the website is designed to come across the same way, by removing the jargon and mystique that still clings to trading'.

Malcolm a former Radio 4 journalist, said that trading on the stock market is the easiest thing in the world to do. 'I can't understand why more people don't do it', he said.' The Queen does it, the Church of England do it, loads of people are doing it. And whats more, people are quite happy to put their money into a building society and leave it there, but the building society then puts it straight into stocks and shares and takes the profit'. Malcolm went on to say that the idea behind the site is to create a forum for ordinary share punters to swap hints and trading experiences. 'We are hoping to get several million hits a month' he added. 'Shares are so big at the moment, there is a lot of interest there, which means there are a lot of people out there who are looking for advice'.

How then in three easy lessons, do you make a few quid on the stock market?

'Simple', Malcolm said. 'Firstly keep an eye on the relevant pages on teletext and look for the shares that are going up a few pennies a day. They are the ones to buy. Second, if shares are falling, then sell them straight away, and lastly buy shares that are cheap and sell them when they become dear. It sounds ridiculous but a great many people do it the other way round.'

Malcolm then gave a couple of tips for stock market novices. He said ' Look out for shares in Telecom and the Internet. They have had a bad time and a bad press, but I think some of them, while never becoming as strong as they were at Christmas will do quite well again'

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