tag:blogger.com,1999:blog-2335748440449035592.post5956618884530394619..comments2008-08-13T16:24:25.750-04:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-2335748440449035592.post-84819371658365921852008-08-13T16:24:00.000-04:002008-08-13T16:24:00.000-04:00FWIW, <BR/>I've been bottom fishing in the less desirable areas (airlines, financials, and refiners) for a while now. I started moving out airlines last week, and concluded that exit yesterday by selling my AAI. My refinery plays were short lived, only a week in length, sold those yesterday, nice profit but left some money on the table with WNR, oh well. <BR/><BR/>Here is the real intent of the post. I am actually thinking some fundamental analysis may be considered by this market. Namely the solars. I've made money in the group before, they are looking cheaper today and are making much more money. What happens when things like the Chevy Volt go mainstream? Are they going to go mainstream? Toyota will have a plug in hybrid next year? Mark, you had a post about Tesla motors a while back. I would love to drive/own a Tesla. So, maybe some electric power plays (solars) are worth a try. I'm long some TSL and CSIQ as of today. Just thought I'd share some information. Good luck to all. <BR/> <BR/>P.S. tight stops on all of them, no rooom for thrasing allowed!nxgstockhttp://www.blogger.com/profile/05833841974191631472noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-52307314486381633802008-08-13T16:07:00.000-04:002008-08-13T16:07:00.000-04:00I agree but covers of magazines are a good contra indicator. My guess is another wave of selling (tax loss) and then a bottom. Stocks will start up 6 to 9 months before the banking crisis is over as in 1990.slimanhttp://www.blogger.com/profile/02885545198067762872noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-64570369605201618082008-08-13T15:54:00.000-04:002008-08-13T15:54:00.000-04:00Sliman, <BR/><BR/>I'm going to say no way. Financials are impossible to value right now and more bad information comes out nearly every day. You might be able to bottom feed on a few select names, but even then there is nothing to let you know that they won't suddenly take a multi-Billion write down.<BR/><BR/>I think them and builders are going to hurt for awhile. I was condo-shopping last weekend. Without making an offer I was offered 15k off the price (it was only a 185k list price condo lol), they would rip out the carpet and put in hardwoods, pay 2 years of HOA, give me cash for my down payment, and give me a 2k gift card to best buy. With that sort of desperation it was clear to me that the time to buy is still a ways off in the future.Michaelhttp://www.blogger.com/profile/14603027333434481007noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-13404422506073847332008-08-13T15:44:00.000-04:002008-08-13T15:44:00.000-04:00Uh, I think not<BR/><BR/>We had Meredith here last week in relation to Fortune article and CNBC but its a longer article than the piece I posted<BR/><BR/>http://tinyurl.com/682fjk<BR/><BR/>I am curious how CGMFX does today. I can only imagine all the people yelling at home for riding the commodity stocks for the past 7 weeks being the same people yelling today that he was not in the commodity stocks ;)<BR/>You really should check out the Yahoo Finance message board some day for that fund - I bet no other fund has more than 10 messages a month. hahTraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-76545003487219697492008-08-13T15:29:00.000-04:002008-08-13T15:29:00.000-04:00Meredith Whitney is on the cover of Fortune. Could this mark the bottom of financials? Stay tuned. I am sticking with commodities and QLD. It will be interesting to see how Heebner did today.slimanhttp://www.blogger.com/profile/02885545198067762872noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-74987678947682666732008-08-13T14:54:00.000-04:002008-08-13T14:54:00.000-04:00Must... assimilate....<BR/><BR/>Wait, am I mixing up sci fi movies??TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-37794210529137731022008-08-13T14:47:00.000-04:002008-08-13T14:47:00.000-04:00HAL 9000 does not care about fundamentals, only movement.Bluedoghttp://www.blogger.com/profile/13620622716492473197noreply@blogger.com