Monday, February 11, 2008

XLE FSLR QQQQ

This might be science fiction in the current market environment---
FSLR going to $300---




Picture really is worth a thousand words---
Hard not to be bullish on the QQQQQ--longer term
after looking at these two side by side


this is a one day short sell play --I have stops in at $30 above close --so this had better start working in the first 30 minutes market open on Tuesday--



what's against me is a lot--XOM has room to go up---
UNG is on a tear, because of winter---
USO is probably going up all week--due to geo-political
and 200 day is a weak short sell signal as far as the XLE is concerned---
nevertheless--the odds are 61.8% in my favor that this short sell will work

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