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Joined Jan 27, 2008
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OFI looks like it could close strong. It’s been holding up well in the selloff
EWZ the Brazilian ETF has moved below 80.
Watch that Cajun, looks like it’s holding could breakout on you.
agreed, it’s not doing what it should.
Love the setup but it’s making me a little nervous lately. I like it if it can stay under the trendline 50 day.
ICE TO ZERO!
FSLR will crack. too many analysts running around trying to pump up energy/ag/commodity stocks. panicked, late, etc. they’re going to get smoked with the rest of the market. too many long-only funds forced to hold financials are going to need to sell the good stuff to raise capital and average down. retail guys will buy late and panic out when it doesn’t work.
stocks like RIG catch an upgrade and head straight down (after already being well off its highs)? that reeks of a capital raise to me.
what’s the quickest solution to high food/oil? eat/drive less; not build wind/solar farms in new mexico.
naturally, since this is my thesis, FSLR will trade up to $500 tomorrow.
Uhh — Ragin’:
Check out the institutional buying on FSLR. 220% normal institutional buying — up $6 thus far… Worrysome? I cut 2/3 the position I was holding. Check it out Ragin.
I’m still in it. My plan is simple, ride this bitch lower or get stopped out with a close above the 50 MA.
I have the same plan Ragin, if it goes above its 50MA, I am out as well, but with a declining 50MA and the price below it, odds favor the downside.