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Take notice of how bad the solar stocks sold off today on much higher volume than yesterday's pop. These are all signs from a lesson taught during the dotcom bubble.
Dec 17 22:08 pm
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All Comments by SmartGuyStocks.com »US Energy Bill: Solar Stocks Will Feel All the Heat [View article]
I find it interesting that this article has brought the most criticism although I did not recommend shorting the stocks, ONLY watching them because the US Energy Bill will hurt them. I think this is evidence that people are in super greed mode and can only see the prospects of solar one day displacing fossil fuel. And I do agree that solar holds much promise, but the key is whether it will be Solar 2.0, 3.0, or later that will truly deliver upon our sci-fi visions.
Caveat: I am a trader. From that standpoint, I have not problem buying USO or FSLR. So, if greed keeps pushing solar higher, I will simply wait. I do not care one way or the other. If you want to see my performance, simply take a look at smartguystocks.com. I also work in the energy sector. I am not talking out of the place where the sun don't shine ...