Shell, Wetherspoon and Morrison are sound picks at low prices. I did hold Morrison for two months after its irrational fall on Tesco's profit warning in Jan.
The other resource shares are riskier - demand for copper and other basic materials could fall much more than oil if China's construction boom reverts to a sustainable pace.
See what an extreme outlier China is in this cement consumption chart
http://www.zerohedge.com/news/one-epic-chinese-bubble-one-chart
