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Wednesday, May 11, 2011

Falling Angels or the Best is Over?

Market is going to sleepy mode now, just as it does most of the time.

I have the "Down but not out" list from the Edge magazine, the picks based on comparison of its peak to current price is a rough measure to me. As company business are in cycle, the companies which were great five year ago may not be great anymore today. A good example will be Creative which is 69 bucks 10 years ago, worth only 3+ bucks today.

Anyway, there are still some gems among them( the list), which are good long candidates now if combine with technical perspective:

Cosco
Gallant
Guocoleisure
Guocoland

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