The volatility of these stocks is really amazing. JASO, down 11% so far today. FSLR hit 99 in February, 152 in April, and now looking like I might get a fill at 100 today.
The Euro problem is, I think, going to blow over (or, more likely, be papered over), on a time frame of weeks to months. It is causing a spasm of FearAndDoubt, which will in retrospect look like a buying opportunity. At least, that's what I think today.
I decided a long time ago, that I'm not smart enough to pick the bottom, for any stock, so I always buy in increments. Then, once I've bought at several price points, I sell my higher-cost shares, when I can get out even or with a modest profit, giving me cash to buy any further dips.
At this point, the only stock that meets all my Rules, is FSLR. The shorts have been right, on FSLR and the whole sector, for a long time. Do you have any position, short or long? |
