Why Wall Street hates Solar Stocks?
The P/E for LDK is so low around 2.28. It is all around the solar industry. What do you guys think of this. Please post your views.

sidster,
thank u for sharing yr way of picking stocks.
I wanted to write more on this issue....if i have time in the weekend, i will sure write something here.
In my view, failure to overtake 1294 on S&P futures after bernanke's speech yesterday signals to be in cash for any buyers. its time to sell. We should buy around march low of 1235 on S&P futures. I would not bottom fish here.
Happy Trading !!!

Obama,

You are probably right about S & P, what a nasty morning we have today. My AMR is doing well today...just a luck with gas prices going down. I do not see much downside to RDN and LLNW. Although they may hit the double bottom if S & P really gets below that level. Here are other items that i am watching.

LVS around 36
APPL around 280
GOOG around 435
AA around 13.50'
CENX around 13.50
JPM around 37
AKS around 12.60
FCX around 44

At a MACRO level you still need to watch the overall market before jumping in. So am going to look for an entry on those stocks at those prices given that the market is in uptrend.

@sidster

there's an easier way to find those stocks at those prices
watch for the Relative Strength Index or RSI , if the price is below 30 line its oversold, and if its above 70 its overbought

I run RSI scans and usually they are the best performers coming out of the oversold levels

GOOG i would stay away from ...we dont know how many bottoms its gonna hit this time around before it really hits the bottom ..it has had a couple of false bottom already .....

GOOG has a strong bottom at 435, it rebounded from there last summer. If GOOG hits that level and market start its uptrend...it could be a good buy.....GOOG has a possibility to Hit 700.00 in near future.

Guys,
I have this solar stock called JASO. I bought it when it was 6.60 and its going down since then. I am not really good at picking stock. Any idea on this stock future.

Dalbhat,

Stay away from Chinese Stocks...you never know when they will hit the sky and when they will plummet to zero.....Chinese stocks are for Day Traders who look forward to the swings they provide. JASO peaked to 10 bucks for no reason few months ago and it can bottom to 2.00 for no apparent reason either.

Sidster,
These chinese stocks are killing me. I have another one VISN with same story. Don't know what to do either to sell it on loss or hold it for a while.

Dude...i learned my lesson from APWR.....stock came to 14.00 from 22 and i thought it was a good buy....now its trading at 1.00

Lots of folks are crying for picking tickers like HEAT, ENER, CSIQ, JASO, FUQI, RINO to name few. The list goes on and on...

Wall street crooks have figured out a way to scam Americans and the western investors with Chinese stocks, with the popularity of Chinese economic strength they are just about selling every crap they can from China to the western world. The only one Chinese stock i believe in is BIDU and even for BIDU i do not have a stomach to digest the swings.

Its really hard to suggest you either way at this point. If those tickers are not a large part of you portfolio then i would stay  until you break even....if they are i would sell half and stay in cash.

as sidster said they are for daytraders...overall the holding period for chinese stocks is 1 day or 2-3 days max when the markets are up
buy when the RSI is below 25 (gotta push the notch even lower for chinese stocks on the RSI) ...if you are holding it long term ...then yeah you're pretty much screwed...cuz BIDU's come few and far between specially from china ...even china's facebook RENN failed miserably ....the stocks u mentioned above ...if ure trying to sell, sell when the markets are up MACDs are turning on both ...but thats just my opinion ....
gluck

Dalbhat,

i would buy some LLNW......i think it hit the bottom few days ago and has been showing strength in last  three days......It is green on a 200 points down day today.

bloodbath today ....

jst for the hell of it heres my scan at 12.42 today  chinese stocks mostly ...lets see how it pans out

CNAM  support at 1.25 and res at 1.50
CHOP support at 2.88 and res at around 3.60 
SHZ support at around 2.60 rest at around 4.11 (risky)
EMAN support at around 4.40 res at 6.05
SOL supp at around 4.50 and res at around 5

these are risky stocks i am not in them m jst putting out my scan results for the fun of it

Guys need some suggestion for future outlook that is I plan on holding it for 6 months to a year. I am planning to buy S, BAC AND GLD.I have INTU made a lot on them but planning to sell it now.

S - Worse of the breed

BAC - No buy until there is an uptrend sign, Best of the breed is JPM

GLD - Be very carefulas i think there is a huge Gold Scam going on.....it looks like gold is being portayed as the safest heaven while all the big dogs unload their gold holdings to public.....If you bought gold few years ago...great....but i would not buy neither GOLD or SILVER at those levels.


Just my opinions.

Guys.....market did a dramatic uptrend right at 2:45 eastern. This could be the end of market correction and a good time to buy some good stocks.

all my opinions are short term , i dont believe in holding stocks long term, the longest I have held a stock is a week, my policy is take profits while u can and move on to another

S is definitely not a buy rt now
BAC is tanking so bad rt now and it aint even oversold yet
GLD ...i feel that would be good for holding for 6 months or a year cuz its always gonna be scarce, but buy when everyone's getting rid of it not when its in hype like rt now

INTU ...todays candle is awesome on that one, give it a couple of days MACD jst crossed over

JMO

Thanks TOL. My logic for choosing these stocks are
I believe S has great future because of its service or it might get acquired. If acquired it wil shoot up and now only sprint being the carrier that offers free data consumers will be on the rise.
BAC is reaching bottom or close to it and GLD is just betting against Feds.
Intu I am confused they have to capture more asian and european markets to grow exponentially. In america I guess everyone is using quickbooks and they have been hovering around 50 for so long. I am sure they won't go down but they seem to be not making upward progress.

I think sprint started its downfall with the ATT and Tmobile merger...they are ganging up on it now ....i dont know for sure but the issue was still amongst legalities of some sort..monopoly or what not ....its approaching oversold levels so if you were to buy it buy it at the oversold levels

anyways some more scan results ....(jst for fun) ...dont blame me if you buy it and lose money..I plan to buy VITC and YTEC ...I always get chinese stocks on my scans ...dunno whats up with that

CMLS 
FSII(not so hopeful abt this one)
PGTI (iffy)
VITC (should run)
YTEC (should run)

Gap up at open -no buys
Gap down or even at open --good to go
on the sidelines if there's bloodbath like today
ideal conditions for buying -close to oversold levels on 1 min chart

cheers

It looks like i can get good suggestion on this thread. I have AONE on my watchlist for  sometime now & its on its low @ 4.93.It is good to buy this stock now or wait for a while. Is this a good stock anyway?

@dalbhat  AONE its pretty much trading sideways rt now the default MACD shows it could go either way but a faster setting shows it going upwards ...but until the chart starts showing some direction ....i suggest you wait it out

anyone following my scan results ?
 
I got into VITC at open YTEC was a no show ...no volume

market's getting painted again ...

later folks

TOF,,
I am interested in finding out the oversold American companies that does good business in China and other emerging world...such as LVS, F, and CAT, BA, and C

Good  pick on VITC.