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Non-Tech : Alternative energy

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To: Jacob Snyder who wrote (9840)	1/24/2011 3:02:59 PM
From: Jacob Snyder	Read Replies (1) of 16955

TAN, FSLR charts: FSLR has been outperforming the sector. Using the highs and lows of the last 12 months as the range, FSLR has just broken above its range to a new high, while TAN is still in the middle of its range. I still think we will get more buying opportunities in solar, sometime in 2011 (FSLR at $100, TSL at $15, YGE at $8): the Euro-area sovereign debt problems are not resolved; Chinese inflation is causing a higher RMB, higher interest rates, and tighter credit standards; the U.S. is still "asleep at the wheel" re global warming and energy independence. Sold half my FSLR today at $150 (bot at $126 3 months ago). Will probably sell the other half somewhere in the $170-200 area. Earlier, sold my TSL (too early).

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