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Non-Tech : Alternative energy

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To: Eric who wrote (10141)2/25/2011 5:04:03 PM
From: Jacob Snyder  Read Replies (1) of 16955
 
<Italy and Germany will just let the solar system market growth continue. Even wind will get more of a boost there.>

Look what happened last time oil spiked to $150. Solar and wind stocks crashed, along with all other stocks, the global economy, and the global banking system. Even oil stocks weren't immune, since $150 oil caused $35 oil (temporarily).

And, since we still haven't recovered from the last recession (unemployment is double what it was in 2007), everything is much more fragile. The next crash will be worse than the last.

I agree with you 100% for the long term, but the near-term (next 12-24 months) looks full of risk.
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