FupA quick look at the sector might give a overall view of the...

Fup
A quick look at the sector might give a overall view of the current state of play

WPL.... 21st Dec 2009...$47.15....21st Dec 2010 $42.82..... DOWN
STO...............................$13.81...........................$13.62.......DOWN
BOW................................$0.62..............................$0.42......DOWN
MEL.................................$0.62..............................$0.42......DOWN ESG..................................$0.745............................$0.82......UP

Have not picked out any particular companies, just ones that I may hold from time to time. It has been a frustrating year but with ESG I am prepared to take the profit or loss at the end because I dont know of an Indicator that will tell me when the music stops.

In the meantime I do trade a small group of shares that has provided an income for a number of years by turning them over regularly [ at the money call options ] and I do work our out a required rate of return before entering the trade.
So in theory I am interested in return on capital and can see your point but am prepared to hold ESG till the end.

Best of luck with your trading plans

Mattocks