though long term still very bad;

If i can keep it for a few years, I am sure will see a big result;

Oil price down globally ==> coal price will down ==> profit potential will getting better for those hard hit section by high fuel price ==> their stock will going up steadily

Worth to buy and hold;
Anyway, don't touch fuel energy section (like coal, oil etc) now if oil price going down steadly globally;
due to their profitbility can't be higher than before (and stock price usally already match with their creasy price), then long term wise, they will go down sharply if profit can't maintain;

Stock price decided by the potential profitability of it's industry sector;
That’s why if you take a look of the US airline stocks almost tripled after 14 July, 2008 due to almost 30 $ of oil price drop in a month, that means the worst winter for airlines may already past;

Just my 2 cents, willing to share though may wrong;

By that time, you can pick up any gold you want and wait for next wave to start; just be patient; don't rush; I still don't think we already see the bottom of the vally so far;

Due to the Hong2Guan1 ecnomics cycle for China won't be strong in next few years, the stock market will follow and reflect it (I mean stock market should be very weak and cool in at least next 1 to 2 years, don't exepct too much) ;

Let wait and see it;

本文发表在 rolia.net 枫下论坛date: 20080819

current price:
(000534) 汕电力A 3.90 (yuan)
(600021) 上海电力 3.80 (yuan)
(600795) 国电电力 5.89 (yuan)
(000767)漳泽电力 3.97 (yuan)
(000899)赣能股份 3.65 (yuan)
(600027)“华电国际” 4.33 (yuan)
(600292)“九龙电力” 4.07 (yuan)
(600116)三峡水利 4.88 (yuan)

if you don't know or don't want to buy just any one stock (means all eggs should never put into one basket), you can buy them like buying index;

e.g. if you have 100K cash, you can buy any 5 of them use 10K * 5 now ; that means 50K on 5 different stocks (you can buy other 电力 section stock as your own preference);

keep another 50K as backup cash,
1) if market going up then do nothing (always keep this in mind, think about next valuble section is better than Zhui1Zhang3)
2) if market going down and keep dropping which may happen in next 6 months, then buy another 50 K if their average price down another 40% to 50% percent

then hold them, regardless what happened, wait and hold them for at least next 1 or 2 years, sell any of them if at any time it reaches the 2.5 times of your buying price, (don't be too greed, i knew it's hard, but unless you follow the stable rule, otherwise, you will end up keep changing it and achieves nothing; )
then you will be the best invester I had ever saw;

I personally prefer the steady strategic investment ; if somebody say they can achieve the same faster, please help share the idea , becaure I can't ; this is just my own current opinion as per today 19 Aug, 2008 ;

be noted that please operate it on your own risk;

keep a note on what I said above and let wait and see;更多精彩文章及讨论，请光临枫下论坛 rolia.net