Indy
Super Administrator
Posts: 4190
Registered: 6/24/2004
Member Is Offline
Points: 80690
Mood: Resident Skeptic
|
Chavez threatens to cut U.S. off (oil)
This guy knows how to get under the skin of the Bush administration. Today he threatened to cut off the supply of oil from his country to the U.S. That amounts to about 15% of our oil. You think gas prices are bad now? Wow.
Check out the story from CNN.
http://www.cnn.com/2007/WORL...venezuela.protest/index.html
"I think God gives us children so death won't come as such a disappointment." - Two and a Half Men |
|
|
DanG
Administrator
Posts: 5522
Registered: 6/30/2004
Location: SW FL
Member Is Offline
Points: 115011
Mood: Stunned Amazement
|
our frikin gas prices go up if a tropical storm *threatens* a refinery... lose 15% ? HELLLO bigass increase at the pump |
|
|
Indy
Super Administrator
Posts: 4190
Registered: 6/24/2004
Member Is Offline
Points: 80690
Mood: Resident Skeptic
|
I'm sure that would mean $4+ per gallon gas.
"I think God gives us children so death won't come as such a disappointment." - Two and a Half Men |
|
|
MountainManMike
Elite Member
Posts: 950
Registered: 11/7/2007
Location: Durango, CO
Member Is Offline
Points: 15840
Mood: always tired
|
good thing im getting my bicycle fixed. if they think the riots r bad now though, just wait if chavez gets what he wants. |
|
|
Indy
Super Administrator
Posts: 4190
Registered: 6/24/2004
Member Is Offline
Points: 80690
Mood: Resident Skeptic
|
Testing something. Ignore me.
"I think God gives us children so death won't come as such a disappointment." - Two and a Half Men |
|
|
FatalWishes
Administrator
Posts: 5589
Registered: 6/24/2004
Location: Fort Worth Texas
Member Is Offline
Points: 104381
Mood: Aging Cynic
|
Hrmmm I Hate to say this...but it could be good for me. I have about 5 grand tied up in solar stocks. Whenever oil gets threatened they just go up and up..and up....
Gonna need that extra money for gas though.
They should take the warning labels off of everything and let stupidity sort itself out.
Please check out our new website at www.globalwarmingisnotreal.com |
|
|
MountainManMike
Elite Member
Posts: 950
Registered: 11/7/2007
Location: Durango, CO
Member Is Offline
Points: 15840
Mood: always tired
|
what company is it? |
|
|
MattN
Elite Member
Posts: 619
Registered: 5/16/2007
Member Is Offline
Points: 10570
|
Oil is down to $88...... |
|
|
FatalWishes
Administrator
Posts: 5589
Registered: 6/24/2004
Location: Fort Worth Texas
Member Is Offline
Points: 104381
Mood: Aging Cynic
|
STP. SPWR, YGE, and SOLF
Already played out FSLR...I should have stayed in this one..got greedy and took my profits too soon. This is an incredible stock. I got out way to early. Most of my dough is tied up in STP....I'll stay long in it...Its past its 50dma and broke a new high and went back down a bit because of profit taking wich is expected after topping. Its number 1 in its industry group though on IBD...it has huge potential to make a lot of money. It is the best solar stock in China right now. It has the best score of all the solar stocks.
SPWR is was down from its 200 DMA and SOLF seems to be really popular lately. Those two have huge money making potential. SPWR is #2 in its industry group as well. I think SOLF just picked up a bunch of sponsorship because the volume really jumped Thursday and Friday and the price just climbed and climbed. TSL seems to be popular as well even though they didnt meet their last quarterly earnings.
SOLAR is pretty big right now. A lot hinges on whether congress allows tax breaks in the future though....so you may want to concentrate on the China stocks. SPWR and FSLR are local boys...
YGE has a better score (eps/growth/p/e/peg) than SOLF...its just unheard of right now and cheap. Once it gets discovered its gonna fly.
LDK is another you may want to check into as well. They make the panels so ....well demand is high so they should be doing pretty good over the years. They just secured a good line on the polysilicon for 2008.
http://www.ldksolar.com/
Best bets would be Solf, Stp, SWPR, YGE. Id' give TSL and LDK another year. FSLR is a monster....its the google of Solars. Buy high and sell higher. Stocks that seem too high usually move higher. May want to be careful on that one though. Lots of people have had to cover their shorts on FSLR because it keeps climbing and its on every bodies short list out of spite lol. When it does roll over it will crash pretty hard. I wouldn't short anything Solar right now. FSLR may not roll over though...depends a lot on the rest of the market. My bet is it keeps climbing.
NASDAQ was down Friday so I had a few stocks lower, but you will see most in that group didnt budge much, even on a down day. DELL dragged things down and when RIMM announced they were reducing their forecasts for the last 1/4 of 2007 and dropped another 5 cents per earning in 2008's forecast the NASDAQ just stopped and reversed. Those big boys like that, when they do poor, it effects the whole market. Hopefully all the bad news is over for the NASDAQ but there are a lot of last 1/4 reports coming out next week. It may be mixed, bad or gain. Its a very choppy market to be investing in right now. Stick with the industry leaders....you should be ok..(STP, SPWR, YGE, SOLF..because they have a ton of new sponsorship wich guarentees this will climb higher). Its like Intel vs AMD....stick with the leaders.... even if the market goes down....you won't lose too much and when things come back you will be way up and the leaders usually go up even in a down market. If you have the money get some FSLR...it may be building a new base and ready to take off and up again.
STP is the industry leader followed by SPWR (wich is way down from its 50 DMA (daily moving average.)) SOLF, YGE and LDK will make good long term investments as long as they stay on track with their quarterly earnings....SOLF and YGE are the best bets right now though for the cheaper stocks. Give LDK some time to prove itself.
They should take the warning labels off of everything and let stupidity sort itself out.
Please check out our new website at www.globalwarmingisnotreal.com |
|
|
![[*]](/images/corporate/default_icon.gif){kind=icon}
posted on 12/1/2007 at 15:54
