» Senate C-Blocks Sun and Wind

Technical Analysis, Stock Market Indicators — iBankCoin

Senate C-Blocks Sun and Wind

by Danny on June 17th, 2008 at 3:18:18 pm

The Senate just blocked tax breaks for wind and solar companies, I would expect them to trade lower, even after [[csiq]]’s huge run. That’s a catalyst to sell in my book, just FYI.

I would watch the solars [[fslr]], [[csiq]], [[spwr]], [[sol]], [[jaso]], and the winds [[win]], [[bwen]], and [[tnb]]. I’m sure there are limitless burrito wind stocks worth selling too.

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4 Responses to “Senate C-Blocks Sun and Wind”

buylo Says:

all those solar players are gonna take profits and buy LEH, MS, GS etc. sending the Dow to 15000
June 17th, 2008 at 3:22:40 pm
Mac Says:

I would agree this could be a major selling catalyst - except for CSIQ, a lot of these were looking quite weak. I like FSLR as a short if it fails the 50 day here - I was early on my short yesterday and got stopped out this morning.

By the way, WIND has nothing to do with wind power - looks like a tech company dealing with linux and crap like that.
June 17th, 2008 at 3:32:11 pm
Danny Says:

my mistake.
June 17th, 2008 at 3:52:22 pm
Jakegint Says:

Yeah, WIND is like ELON. Wind River I think…
June 17th, 2008 at 6:32:07 pm