What have we learned?

From the charts posted so far a few important pieces of information become apparent.

First, the S&P500 has slipped below its long term moving average indicating a downturn in the US market.

Second, of the global indexes listed the Hang Seng Index is doing the best. China has been the fastest-growing major nation for the past quarter of a century with an average annual GDP growth rate above 10%. See here

Third, the HOTTEST Sectors are energy followed by materials(commodities).

Putting all this together: Odds are good for energy and materials stocks listed on the Hang Seng Index. Let's look at one: PetroChina CompanyHere we see the price going up as time goes on which is exactly what we want. It makes sense. As of the end of 2007 PetroChina was 5.84% of the Hang Seng Index.