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Strategies & Market Trends : Ask DrBob
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To: 3dollarbill who wrote (99151)7/27/2008 5:56:41 PM
From: Drbob512  Read Replies (2) of 100058
 
3dollarbill: I agree that quality solar stocks have been pulled down along with oil stocks due to the big correction in crude prices, and that they will once again rally in the mid-term. FSLR is probably the best of breed and if it could test its support successfully again near 240, that could be a good buy or if it breaks out above 295 on good volume.

Crude could be in a bottoming formation now, at or near final support before the push upwards to the 130's at least, in the next 1-2 months, imho.

drbob
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