ari5000

Energy Storage on the Smart Grid: 99.45% Cheap and 0.55% Cool

The only thing I've ever read about $AMSC is that this company is near fraudulent. I believe they've never posted a yearly operating profit. Ever.

CEO makes lots of promises... book value is $5/share. Obviously someone agrees -- as 24% of AMSC float is shorted -- but the markets have never seemed to care too much.

My only advice is do some extra rigorous research with AMSC. I have no position.

Energy Storage on the Smart Grid: 99.45% Cheap and 0.55% Cool

I think you'll probably outperform most techical traders if you know what you're buying and understand the technology.

nasdaq is up 9 days in a row. It doesn't take much brainwork to realize 9 day runs are very rare and usually result in obscene short term profits and irrational exuberance among daytraders leading to a sudden plunge as the euphoria evaporates as soon as the first profit-taking session kicks in. I sold about 15% of my XIDE holdings over 4. That's all I'm willing to give up to gamble on a rebuy at lower prices.

9 day runs are truly rare -- though. Should be a pullback and it is very healthy and necessary to have a pullback or we will all be worse off. See housing bubble as evidence of what happens when markets go too far in one direction too fast.

Energy Storage on the Smart Grid: 99.45% Cheap and 0.55% Cool

technical analysis --- The antithesis of what you (research and knowledge)

BCON bounced off the 200 day MA, but is trapped by the 50 day MA. If the IPO does spark interest again in these names, BCON might run to 1.10 where it failed before.

XIDE for example, runs into its 200 day MA at 4.29 and will probably fail as it's a bit extended.

But all Technical Analysis is 1-part observation, 1-part voodoo horseshit -- so I like to mix it with research, or rather scour the 'nets for thoughtful commentary. For some reason, people who trade the charts tend to dismiss FA and value investors scoff at the chartists... seems to be no one I've seen that integrates the two.

In general, the markets are very extended here - and since all markets tend to be 100% correlated these days... I'm expecting a 5% pullback and I can rebuy XIDE, for example, at 3.80.

Wall Street loves a good story though. When 'batteries' makes the front page of the WSJ or ABC report -- all these names go up 10% together, regardless of value.

But I could be wrong... it appears there is very little that can push the markets down these days.

Energy Storage on the Smart Grid: 99.45% Cheap and 0.55% Cool

taking a little profits on XIDE today -- will get back in.

I'lll watch ZBB, BCON -- but I agree -- none of these unprofitable co's have a lock. They ride and fall on risk appetite... much better to use some TA when trading those. XIDE is just a core holding until 2010

Energy Storage on the Smart Grid: 99.45% Cheap and 0.55% Cool

If you're right about the macrotrend, some of these stocks have very big upside.... because most of the two year charts have been horrifying to long term investors.

Past is the past though. Very informative article. Batteries just don't have the same sexy street appeal as solar panels and wind farms. Might be slow to catch on with the herd.

Auto Batteries: Short Term Revenue Growth Favors Lead-Acid by 6 to 1

John -- do you know of any public mining co's that dig up lanthanum?

Auto Batteries: Short Term Revenue Growth Favors Lead-Acid by 6 to 1

John - I've been reading your articles.... very informative. Rare to find good writers on Seeking Alpha. Appreciate your sharing your ideas.... I'm looking into XIDE at the moment.