sistah43

Will 'Self-Preservation' Work After Decades of Fiscal Suicide?

Bernanke was a prime player in this. He was the one who quite literally stated (well before he ever became Fed Chairman) that in a crisis like this the US can simply print $$ and drop it from helicopter's if necessary. "Helicopter Ben" won't be greeted as a savior in this mess.


On Aug 17 07:04 AM MIke4040 wrote:

> Although there enough of blame to go around Ben Bernake came in at
> the tail end of this and most of the blame would have to go to Alan
> Greenspan, the Clinton and Bush administrations and the members of
> the U.S. Congress that passed legislation and enforced policies that
> led to investment banking and speculative sub-prime loans, tax poicies
> that encouraged foreign investments by U.S. manufacturers and .........................

Of Biking, Rottweilers and Value Investing

Or you cross railroad tracks and your wheel turns sideways and gets stuck resulting in a terrible case of road rash.

The Tellurium Supernova Has Erupted

I have written to plenty of companies as an investor and gotten responses from IR. If FSLR is not responding, that is cause for concern.

Which Is the Better Investment, Apple or Research In Motion?

Given our current climate of "I wasn't using my civil liberties anyway", I suspect the fact that calls "could not be traced or intercepted" is not going to make the kind of difference it should.

I just attended a PTA meeting (los angeles westside private school). 6 iphones present and a whole lotta complaining about them (mainly the keyboard but plenty about the inconvenience of phone handling and mp3 redundancy).

First Solar Now in Its Third Leg Up

In a severe recession most everything will get hit regardless of energy prices. It is the nature of stocks--there are very few recession proof stocks (look at the sin stock now).

I don't know much about FSLR's business, but everything I've read indicates they are in a good position wrt industry+technology. I used to try to look at fundamentals of stock I traded, but switched to TA as so often the fundamentals (and the interrelationship of fundamental factors) are ignored wrt stock evaluation.

I like candlestick charts and I post one final observation. If the candle on the weekly looks like the candle that printed the week of 12/24/07, that portends some pain for longs that could be avoided by hedging here. That drop was $140 (from 283-143). This drop can easily be to $200 and still not violate any long-term uptrend in the chart (nor do I expect it to).

I think we agree on FSLR's long term positioning, we just have different opinions on how well it will hold up in the market that's downtrending strongly.

Traders must love this stock tho.

S

First Solar Now in Its Third Leg Up

sorry...correction above...meant if we break 11700 on dow...

First Solar Now in Its Third Leg Up

I'm not disputing your long-term argument, but here are two pts. to consider:
1). We are arguably in a bear mkt (or at least fighting one off) and if we do break 12700, we're looking at a big swing down. Nothing, not FSLR, the 4 horsemen, are going to be unaffected. In FSLR's case, simply b/c the stock has been a meteor and shorts are in short supply, you can look at a case of piling on which will take it down fast.

2). If you assume that Dec. '07 was the first wave up and this second wave up is now in progress, your analysis could be correct, but if you assume that we are now at the end of a macro 1st wave up (and this is quite reasonable since FSLR is a young stock), I would expect FSLR to hit it's 200 day EMA (currently around 180) before it hits $350.

Regardless, it's printing a nice doji today (if the current action keeps up) and if you look at that in conjunction with declining volume on the daily chart, I wouldn't be buying at this juncture but waiting to see how well it holds up above 300 for a couple of weeks. This doesn't obviate your long-term argument (and 2012 is a nice time frame), but there are some junctures where tweaking your strategy (making long-term purchases on increased margin power) can yield you better gains and less heartache and I believe we are at one of those junctures: Just sit this one out a month or two--if you are right and your margin power continues to increase, you can add without the risk of this market want to continue a mean bear market leg down. Good luck.