Oil down below $108......
Markets red all over ????
In bear market no good news like oil down $40 is taken as bullish....they always find negative news to focus in..like worldwide slowdown...thus oil is going down...while GS insist that Oil is heading to $149???
Solar stocks are taking big hit......support on many solar is being tested...
In my portfolio :
SOL Down $1.25 ..went as low as $15.70...going through 50 DMA of $16.33...will it recover above 50 DMA needs to be seen......
CSIQ Down $2.19...taking a beating with other solar stocks......
@ 11.34 AM the following are green :
ABK,JNPR,CTRN,NYX,VLO,VAR,GOOG,
HOD.TO,DUG,AZO,ALX.
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Saleem,
Gee, I bought SOL to soon? ha! Maybe I will buy some more. Just another day in the crazy bear market. Traders are in control right now. I think there may have been lots of stops on SOL to move it down so fast. Just not enough buyers to slow down the automatic trigger movement IMHO.
Have a great day!
Hi Standards,
It is very hard to get an ideal entry point on any stock....
Markets are extremely UNpredictable.....
We are OVERSOLD in SOL & in markets NOW....
Selling is looking very TIRED !!!
Time to start a rally NOW $$$$
Saleem
Hi Saleem. Got back into LDK today at 45.50. Coundn't resist with the pullback. My VVUS had a nice day.
Check out the cup and handle formation of SOLF today? This stock seems to be manipulated by short covering very easily.
Also, any thoughts on ESLR? Looks to be closer than any other solar stock to its 52wk low.
-Chris-
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