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The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!

Monday, October 01, 2007

FSLR is the next GOOG.

FSLR closed @ 117

You hopefully have already positioned yourselves in this stock yesterday, or today, or several months ago at under $50. It is going higher and my take is that it will become a 10-bagger faster than you (if you're shorting it) can say, "What the hell!!!!??"


The stock is now set for a parabolic trajectory to $200. If there is a next stock which will have Googlesque run, it will be FSLR. (To put it simply, FSLR is the next GOOG, imo.)

Doubt me if you like, and short it to your demise. Jmho.

The next few years should be great for solars and alternative energy.

Buy buy buy and back up 9 trucks on big dips, both in FSLR and in solars (and alternative energy).

55 Comments:

Blogger beanie11111 said...

I've been banned from www.slopeofhope.com once again.

Yikes! lol

Mon Oct 01, 08:19:00 PM EDT  
Blogger beanie11111 said...

Remember that FSLR just broke out of a 3 month inverted head-and-shoulder formation. This (inverted head and shoulders) is as positive of a chart as you can get!

Buy buy buy! Then buy buy buy some more!!!!!!!!!!!!!!

Mon Oct 01, 08:23:00 PM EDT  
Blogger Ladd said...

Beannie,
Remember that an inverse head and shoulder is a reversal pattern occuring at the end of a downtrend.

Mon Oct 01, 08:55:00 PM EDT  
Blogger beanie11111 said...

Ladd,

You are absolutely correct about the inverted head and shoulders pattern must occur after a downtrend.

Appropriately, what i should have said is that FSLR has broken out of an Ascending Triangle, which is also a bullish trend.

But practically to me, it's still an inverted head-n-shoulder pattern (even in an uptrend).

Mon Oct 01, 09:25:00 PM EDT  
Blogger beanie11111 said...

YGE and TSL are also ready to go parabolic, as stated in a previous recommendation.

Mon Oct 01, 09:32:00 PM EDT  
Blogger zstock7.com said...

i have one scenario, where dow gets to 14,700, ( long story and doubtful)
so short sellers be careful on the monster stocks, CME GOOG MA WYNN, etc
zee
i mean UBS gets rewarded for announcing they are going to lose money Q3 ...COME ON, that's disgusting...bears don't stand a chance, on the high flyers...

GRMN, direct competition with NOK, say good bye to GRMN, short term...

Mon Oct 01, 09:49:00 PM EDT  
Blogger Arun said...

I can see FSLR hitting $150 in the next couple weeks. Nothing's stopping it now.

I currently have:

FSLR
VMW
DRYS
AAPL
POT
PCP
RTP

Made up my losses from mid-July into Aug and then plenty.

Mon Oct 01, 09:57:00 PM EDT  
Blogger zstock7.com said...

GRMN has good support 86/90

Mon Oct 01, 10:03:00 PM EDT  
Blogger beanie11111 said...

Let's be careful with GRMN, if you still own it. That piece of Nokia news is considered negative for GRMN. Regardless of how good a company is, when traders perceive a piece of news as very negative they will dump and stock and leave (at least for a few months). Let AKAM be an example.
http://stockcharts.com/charts/gallery.html?akam

Mon Oct 01, 10:37:00 PM EDT  
Blogger gosu said...

Must say I'm totally confused by the market action of late. I went defensive today and missed the big moves here. That and my largest position is VRNM which is now only slightly profitable on the year. Going to stick to my guns though with heavy cash on hand and with an emphasis on income paying issues.

Good luck to those playing the rally. I won't fight the tape as I've learned my lessons in that respect but will not chase it either...

Mon Oct 01, 10:45:00 PM EDT  
Anonymous Anonymous said...

Zee.. CTSH your new Short Target?

$90 before Oct 17...wat say now you?


Dolly

Mon Oct 01, 11:04:00 PM EDT  
Anonymous Anonymous said...

>> beanie11111 said...
>> FSLR closed @ 117
Did you mean 127?

Mon Oct 01, 11:16:00 PM EDT  
Blogger zstock7.com said...

hey dolly, congrats on great call.
CTSH is impossible to short with any certainty now.., cause it used up the last signal i had, and i never short 2 month double tops = 90 , so $90 and higher, seems reasonable, now. I told my blog readers to stay out of CTSH puts, as well...i guess we all saved a lot of money...good lookin out..
zee

Mon Oct 01, 11:22:00 PM EDT  
Anonymous Anonymous said...

zee,

http://garyscommonsense.blogspot.com/ is saying short term top in COT. you think market will have short term top also?

thanks
aymon

Mon Oct 01, 11:48:00 PM EDT  
Blogger zstock7.com said...

as far as market top, i'm putting all my marbles, on the ICF companies 200 day failure at my blog...to tell me the exact minute, market reaches short term top
VNO, BXP, DDR, GGP, are so close to their 200 day, why would the market stop them from reaching their 200 day.. i say the market won't stop them, so more up days ahead...FRI employment is 100K, which is HOT...and i don't think that report will contain any surprises, like last month's NEG. 4K...

in the meantime
YGE EPS trend is on fire, ( 2008 EPS greater than $5) if I extrapolate out to 2011, YGE should be selling for $140, right now...so that last dip at 25.5 ish..well that was it's new forever low....forever lasts until May / june 2008, when the earth opens up and swallows the entire DOW JONES...

Tue Oct 02, 04:22:00 AM EDT  
Anonymous Anonymous said...

Gosu, great market timing call -- you totally nailed that one. Oh, and regarding EJ, the only reason why I've held onto it for as long as I have is because you said those three magic words every woman wants to hear: "Chinese sector leader". Thanks again! Pamfla

Tue Oct 02, 08:21:00 AM EDT  
Anonymous Anonymous said...

China Digital TV IPO this week!
Whats your thoughts people?
Also these are my thoughts:

Long term buy/hold
STP is like buying Microsoft early!

Short term buy/hold
TSL is like buying Bidu early

Tue Oct 02, 09:24:00 AM EDT  
Blogger TraderTheory said...

EJ, a chinese RE company up $3.75 (15%) to $28.41.

Tue Oct 02, 09:51:00 AM EDT  
Blogger Arun said...

bidu ripping shorts a new one today.

Tue Oct 02, 09:52:00 AM EDT  
Blogger beanie11111 said...

YGE gives the shorts a deadly flare!

Tue Oct 02, 10:02:00 AM EDT  
Blogger TraderTheory said...

YES, YGE rocks...

Tue Oct 02, 10:03:00 AM EDT  
Blogger Arun said...

solars EXPLODING now!!! YGE, FSLR, TSL!!!

Tue Oct 02, 10:08:00 AM EDT  
Blogger TraderTheory said...

MPEL, MPEL is a Chinese casino company operating business in Macau. Great potential!!

Tue Oct 02, 10:11:00 AM EDT  
Blogger Arun said...

BTW, friday I picked up some nice TSL dec. 60 calls. already up a good amount.

Tue Oct 02, 10:11:00 AM EDT  
Blogger matte351 said...

Chill out beanie with your non stop pumping bullshit, I would say you probably don't even buyt into half of the bullshit you post here.

Tue Oct 02, 10:13:00 AM EDT  
Blogger TV107 said...

ag plays (pot, tnh) and gold imploding

dryshippers are next

short drys and every other one

Tue Oct 02, 10:31:00 AM EDT  
Blogger beanie11111 said...

Newequity must be a solar short. lol

Can't say i didn't warn ya everyday at Tim's.

Tue Oct 02, 11:02:00 AM EDT  
Blogger TV107 said...

dipping into grmn
i see 103 before 100

Tue Oct 02, 11:05:00 AM EDT  
Blogger TV107 said...

well just not...out with minor loss

may buy if 100 holds

Tue Oct 02, 11:28:00 AM EDT  
Blogger TV107 said...

anyone think BIDU will collapse at the close?

Tue Oct 02, 11:48:00 AM EDT  
Blogger beanie11111 said...

BIDU to 400 soon and then onwards to 1000

Tue Oct 02, 12:05:00 PM EDT  
Blogger TV107 said...

someone knows something about AKAM

im going long as a 1-2 week swing

Tue Oct 02, 12:12:00 PM EDT  
Blogger Arun said...

why do you say someone knows something about akam?

Tue Oct 02, 12:13:00 PM EDT  
Blogger TV107 said...

markets are drifting down...i hope we accelerate after 2pm

markets need a cleansing

Tue Oct 02, 12:40:00 PM EDT  
Anonymous Anonymous said...

Buy puts on BIDU right now

Tue Oct 02, 12:46:00 PM EDT  
Anonymous Anonymous said...

Beanie, any thoughts on CHNR?

Tue Oct 02, 12:52:00 PM EDT  
Anonymous Anonymous said...

CTDC on the move !

Tue Oct 02, 01:10:00 PM EDT  
Blogger zstock7.com said...

TV,
GRMN, crushing news yesterday,
you'll have plenty of time to get GRMN once it settles into a nice long term price channel..support looks like 86 / 90

Tue Oct 02, 01:17:00 PM EDT  
Blogger TV107 said...

i broke even on grmn
up like 200 bucks

amazing that it was at 111 in premarket on DB buy

not gonna bottom fish until low 90s

Tue Oct 02, 01:18:00 PM EDT  
Anonymous Anonymous said...

GODZILLA the shorty vs. king KONG!

Tue Oct 02, 01:33:00 PM EDT  
Anonymous Anonymous said...

go KONG gooooooo!

Tue Oct 02, 01:33:00 PM EDT  
Blogger beanie11111 said...

GOOG employees are super rich.

10,000 shares x $600 = $6 million

Most engineers got alot more than 10k shares!!!!

Tue Oct 02, 01:37:00 PM EDT  
Blogger beanie11111 said...

If i were you, i would definately take 1/2 off on RIMM and AAPL . I don't think they can go much higher than where they are now. Put that 1/2 into VMW or FSLR.

Tue Oct 02, 01:41:00 PM EDT  
Blogger zstock7.com said...

WAG Drugstore, missed eps report yesterday, but multi year chart shows great support at $39 ...
and WAG at $39 now..hmmm... i think it’s a buy..you can buy the NOV 40 calls 1.15, and the target price is a strong very strong ( in fact i'm 100% certain, WAG will test $42 next several days) signal..= $42
$42 = weekly 200 ma...first time WAG has ever been below its 200 ma weekly..

Tue Oct 02, 01:49:00 PM EDT  
Blogger beanie11111 said...

New leaders are emerging. DO you see what i see?

Those are the best bets.

Tue Oct 02, 01:57:00 PM EDT  
Anonymous Anonymous said...

Good support on GRMN at 96.21 and that should be good for at least a 3.00 bounce... Checking the sharp increase in put option volume last week says somebody knew about the news ahead of time...

Tue Oct 02, 01:58:00 PM EDT  
Blogger beanie11111 said...

BIDU is too cheap.

Tue Oct 02, 02:03:00 PM EDT  
Blogger beanie11111 said...

If you believe in China, invest in BIDU.

I am raising my target of BIDU to $2,000!

Tue Oct 02, 02:05:00 PM EDT  
Blogger zstock7.com said...

speculation buy
so far working good, last three weeks
NOC northrup,
by the way, H clinton says “ i dont think we can get all the troops out before 2013”...
So any way that backs up my NOC price channel, you should be buying the NOV 80 call and selling it for $2.20 /2.50 when NOC always gets back to $80...
i first listed this three weeks ago, and have since keep making money..( both ways).NOC at $80.. buy the OCT 80 PUT, and make $100 going the other way..

Tue Oct 02, 02:27:00 PM EDT  
Blogger zstock7.com said...

UPL, at $64, ( natural gas) my short sell target price, will definitely test gap at $60, so there’s a $4 move,..

downside, might take a week or so.to see $60..and 65 is yearly high, so i might be $1 or $2 off, but UPL, is a difficult company for pundits to evaluate, that’s why it goes to $45, every once in a while..
RSI 77, that's a good enough short signal, for me

Tue Oct 02, 02:54:00 PM EDT  
Blogger zstock7.com said...

oh man, WAG already took off, NOV 40 call up 35%
i'm getting out and if down tomorrow, i'm getting back in...
RSI 27, says it should be down again tomorrow..
zee

Tue Oct 02, 03:10:00 PM EDT  
Blogger zstock7.com said...

WAG, flu season and early X-mas sales = WAG holds $39..multi year low..and besides, WAG is a hot company, I've had it on my books for years...

Tue Oct 02, 03:12:00 PM EDT  
Blogger zstock7.com said...

You know why wall greens is so hot, cause they sell you all that 10 for a dollar crap, and there is BIG money in that 10 for a dollar crap...i know, cause i used to sell that 10 for a dollar crap...in newspaper ads...BIG money...hahahaha
zee

Tue Oct 02, 03:17:00 PM EDT  
Blogger zstock7.com said...

This comment has been removed by the author.

Tue Oct 02, 03:39:00 PM EDT  
Blogger zstock7.com said...

JOYG nov 50 put $1.65 today , tomorrow’s price $2.25

Tue Oct 02, 03:42:00 PM EDT  

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