TraderMark

How I'm Playing the Chinese Rate Cut Rally

Aalan,

If it makes you feel better my TSL losses are my worst in about a decade of investing :)
And I mean that in my personal account

I've had to do a ton of work to even begin to offset that dog.

I sold over $14 on the Obama election rally - pathetically it dropped 50% more from there... but as long as we have capital we can make up losses. I just was flabbergasted to see those ever go down so much

As for APWR its unfortunately been turned into a solar stock - if you watch the trading when solar stocks do well, so does APWR. Its nonsensical for a company that has yet to book 1 dollar of revenue from their wind business to be trading as an alternative energy stock but that is all US investors see it is; I guess the whole DG business (which is 100% of its business through this last Q) is a moot point.

When the market gets animal spirits going for a few weeks in a row, APWR can rally more broadly - until then it is like everything else - a trading vehicle. Valuation means zilch in this market. Evan a miserly 10 PE ratio would generate a year end target in low teens. Quite sad really.