http://wiki.project1999.com/Equipping_a_Shaman
Don't worry about stats, because they're all but meaningless. Instead, care about every non-stat effect an item can give you. Flowing thought, regeneration, procs, right-click abilities ... heck, even haste will do more for you than +5 Wisdom or whatever. Only care about stats for the slots that you can't (yet) fill with more meaningful items ... and even then don't actually buy such items, just fill those slots with things you pick up along the way, so you can save your plat to buy the meaningful stuff.
To anyone who disagrees: I challenge you to a competition.
You and me both go somewhere like Droga or Sebilis or Skyfire, and see how many goblins/frogs/dragons we can kill in an hour. You wear the absolute
best stat gear a Shaman can possibly obtain ... but no Fungi, no JBB, no Epic, no mage focus item, no Goblin earring, etc. I'll wear only items that have a non-stat benefit, and leave myself entirely naked in any slot that I can't fill with such items.
20 plat says I kill more, because all your stat gear will do is let you go slightly longer initially without medding ... whereas my gear will be helping me kill many more mobs constantly throughout that hour
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Stat gear (IMHO) is for raiding.