Saturday, December 12, 2009

Buffet likes Railroad... So, should I?

GUANGSHEN RAIL CO LT Share Price Chart | GSH - Yahoo! Finance

Ok, suppose I decide I should also invest in the railroads... because I believe that all these stimulus pouring on the world is going to benefit 2 sectors...
1/ the green or renewable energy: Solar, Wind, geothermal.... see my previous article about that...
2/ the infrastructure... & there, of course, railroad & building are inside...

So, where to look...

I admit.. the first place I look is near I live or near I work... Taiwan, Korea, China, ... just because of their natural future potential...

So, since weeks or months I followed a particular company called GUANGSHEN Rail Cpy...

Not willing to come with big numbers, I just come with pure sentiments & technicals...

This stocks tried some weeks ago to start a rally from it's low 20... unfortunately, it didn't work.
Today, it flirts again with the low 20... So, another rally on the test or a bust?

I'd say, try it both way:
1/ buy near 20 (like I'll do on wallstreetsurvivors...)
2/ or put a conditional offer "ONLY IF >20.5..

And what to do if it continues a slide...
I'd say, ALL depends!! What's the market doeing? The market "slides"... wait a bit... But if the market is edging "up" & GSH is sliding.. you better go out...

Your comments are most then welcome.

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