spotting stars among cinderellas - personal care electronics

In the past month, headlines may have screamed the bad luck of the stock market, but it's not as bad as you think.
There's a lot to cheer about in terms of industry performance.
While the Footsie 100 index plunged 11% in the first half of this year, nearly 20% lower than a year ago, half of the industry in the stock market has risen, two-
Of the 34, 23 beat the market.
Investors who choose the right industry go down against the trend and make a good profit in half a month --
Until End of June.
In the best tradition of industry performance, the winner of 2002 was 12 relatively disgraceful and old industries.
Old-fashioned and defensive, bombed most of the time in 1990.
Some people call it the "Cinderella" industry.
They include tobacco, food, beverages, personal care, metals, defense, paper, automotive components, construction, property, textiles and transportation.
They have all competed this year, with gains ranging from 6% to nearly 30%.
Tobacco seems to be an unlikely winner, the country's consumption of cigarettes has declined, and
Billions of dollars of lawsuits have been filed in the United States, but as investors are attracted to growing revenues from the three major tobacco companies of British and American Tobacco, Imperial Tobacco and Gallagher, it has been a star for three years.
The same is true for personal care and metals, driven by strong recovery from companies such as Reckett Benckiser and Corus.
Others that have risen include stable old-
Traditional industries such as engineering, water, electricity, chemistry and oil.
The other six sectors have beaten the market convincingly by falling below average.
They are mining, gas, leisure, supermarkets, banks and shops.
All Falls were less than 11%.
Once again, there is a strong defense theme, a relative lack of charm, and a sense of pendulum that swings back from the late 1990 pattern.
The most important thing to do this year is to avoid the worst 11 things --
Although the number of outstanding industries is not large, but the market has dropped sharply.
For the third year in a row, they were hi-
Tech glamour industry without any significant defensive features in the past-
Information technology, computer services, electronic products, telecom, media, support services, health and medicines, which led to a dizzying spiral in the market two or three years ago, plus life insurance, insurance and financial firms in general suffered heavy losses in the market.
They highlighted their lack of defensive advantage, a sharp drop between 12% and 60%, and convincingly outpaced the fall market.
For the law of industry performance and reversal of fate, this is not a classic year, which means that the winners of last year are usually the losers of this year and vice versa.
But it does justify supporting past losers and profiting from past winners.
In the last three years, the difference is,
The boom and bust in technology is much more spectacular than the previous industry ups and downs, and it takes longer to run.
It may be that time may have a small amount of care, the choice of high investmenttech sectors. But lowly-
The industry rated "Cinderella" is almost certainly a safer bet.
Industry rating in industry performance and hi-
Although prices have fallen for three years, technology industries such as telecom, computer services and media are still highly valued.
The same is true of the insurance and financial sectors.
Ratings for tobacco, paper, water, construction, mining, engineering and automobiles are still low.