long

short

Future for energy.

Solar power made in China

The Real Story Wrap: August 12:
A spate of negative headlines in the financial space, as well as several downgrades, send U.S. stocks downward. Oil closes at $113 a barrel.

Click here to watch the video.

Solar stock lost 50% value and near 200MA.
Made 5% move on increasing volume on 6-Aug-2008.
Entry at 25 looks as low risk entry.

good sector

is a strongh company

Boucher also likes some Chinese solar companies, including Canadian Solar (CSIQ), Suntech (STP) and Yingli Green Energy (YGE). For a bet on the U.S. installation business, he notes, the pure play is Akeena Solar (AKNS), though it has the most to lose if Congress fails to extend the solar tax credit.

From a recent Mad Money show:

"We don't care where a stock has been, only where it's going and the answer is down. I've endorsed Applied Materials (AMAT) or First Solar (FSLR) and that's it."

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