| StockFetcher Forums · General Discussion · POST YOUR LIVE TRADES HERE!! | << 1 ... 102 103 104 105 106 ... 162 >>Post Follow-up |
| ctrout 122 posts msg #62603 - Ignore ctrout modified |
5/14/2008 2:55:51 PM Out Mon +3% Out Syt + 3% Out DRYS + 5% Out TBSI + 1% Out PRGN + 5% Out ALEX + 2% Out YGE + 16% Out TAN + 8% Out SPWR + 6% Out TSL + 8% Out LDK + 5% Out EIX + 1.5% I will look for pullbacks on the shippers and solars. I think this is the year of the solar so I will not sell the solars in the IRA Loaded up on China small caps the other day in the IRA. Will hold to the Olympics risking 50K. |
| nikoschopen 2,824 posts msg #62604 - Ignore nikoschopen |
5/14/2008 3:05:04 PM You can find my own rationale for the imminent plunge at S&P Intraday thread. |
| ctrout 122 posts msg #62605 - Ignore ctrout modified |
5/14/2008 3:13:30 PM Bot some more $RUT puts Sold SOLF plus 8% Sold XRT Calls plus 12% |
| nikoschopen 2,824 posts msg #62606 - Ignore nikoschopen |
5/14/2008 3:19:53 PMI beg to differ and here's why. The solar sector (as well as alt energy) closely reflects the changes in oil prices. It can only go up when oil prices rises and vice versa. Well, take a look at the following chart. 5-Year Crude Oil Futures Weekly Chart |
| ctrout 122 posts msg #62609 - Ignore ctrout modified |
5/14/2008 5:32:32 PM Niko: IMO, the solars except for FSLR and CSIQ did not participate to the extent that OIH has in the most recent run. It is hard for me to accept a "Dirty" commodity comparison with the "Green" movement. The reason for keeping the solars is that this is a long term play in the IRA. The U.S. and world must do something to cut back on fossil fuels. Most every chart has a pattern of Higher Highs and Higher lows, since the solar meltdown finished in mid March or so. Also, most earnings are beating estimates. I think it is fair to assume that solar will be put up on the center stage of the Green movement as Ethanol is probably pushing food prices up to fast. In California, there is legislation being put thru the assembly that may require power companies to buy the excess energy created by solar panels on residences this could create much more demand. California usually leads the nation in social awareness regarding the Green movement. If passed, solar could be on the move. IMO, It is just a matter of when. The new ETF - TAN is a good play on this. It feels like the next great bubble to me and it is lowish right now. Kinda of like Gold etc. was in 2004. Sure more capacity will force prices down but if the hype takes hold we are off to the races. I will buy the Nuclear ETF NLR at some point too. By the way I own CSIQ but not FSLR (they are in the ETF though) BTW, I sincerely hope there is a market meltdown as my Russel and Nasdaq and OIH puts would greatly benefit. (and I have many more of these.) I do appreciate your input though. C Trout |
| ctrout 122 posts msg #62610 - Ignore ctrout modified |
5/14/2008 5:55:04 PM JP: If you have any long term play that you are initiating, please post them. It would be wonderful if you could label as long term. Short Term swing buys today are ADM ASF HAR ODP PNK WX YHOO (Covered May Call) GE (after hours will do a covered Call in the AM) |
| 13th_floor 724 posts msg #62612 - Ignore 13th_floor |
5/14/2008 6:04:32 PM JP and ctrout, Impressive day for you guys. Nice job. |
| ctrout 122 posts msg #62613 - Ignore ctrout |
5/14/2008 6:07:34 PM 13th: Thanks. Had some other day trades too but too much to post. Even a blind squirrel finds a nut every so often. LOL |
| johnpaulca 12,036 posts msg #62620 - Ignore johnpaulca |
5/14/2008 8:07:59 PM Thanks 13th....Trout I will post some longs when I find them, I trade lightly during the summer because of my work...I am a soil Chemist. |
| ctrout 122 posts msg #62622 - Ignore ctrout |
5/14/2008 10:40:25 PM JP: Working in the summer is probably better than trading. How does that saying go? "Sell in May and go away" (well maybe short) FYI, I am a mortgage broker....one of the good guys though. I'm getting a kick out of the Banks taking it on the chin. You wouldn't believe the crap they were selling and trying to get us to sell. I wouldn't sell it. |
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