Unfortunately, that appears to be so. Not enough Up to reach my sell points and not enough Down to reach my buy points.
Another 15% today. So far fslr and sol have raised guidance and estimates. Sol secured 2 credit lines today in china. Thus moving solar industry today. I think that LDK beats earnings and with good market sentiment can hit 30 by next month.
Solars will rally if Obama wins. More importantly ENER and LDK report earnings next week. It could be much more upside if certain things fall into place. I just go by Buffets words (paraphrased) be greedy when people are fearful and fearful when people are greedy. Just buy it up when people panic and sell when people are eager to buy.
I'm waiting for the pull back also....this market needs a small correction right now. My call on solars has been absolutely epic so far. I have a new doubler candidate - BC. I'm waiting for the pullback to ~$3.60, and then I'm in, with a target for somewhere around $7.
Ain't that the truth... your first chance may come this Friday... fertilizer and solar stocks are rocketing right now (MOS is up around 90-100% in the last couple of weeks, POT's up 50% I think).
Boats and Bowling Balls? I know they have taken a beating since 2007, but is this something more than bottom fishing? I was making nice money when things traded back and forth in a range. The one way train upwards isn't as nice for me.
Yeah, pure chart reading. Very clear trend reversal and no resistance of any significance below $7.50. Only reason I'm waiting for a pullback is that the momentum is showing a bit overbought right now and it has gotten a little ahead of the trend line. Looks like a textbook doubler to me.
no resistance? i see the basing and potential "low risk" trade but i don't see the lack of resistance.
