We hope you were able to take advantage of the artificial rally in solar stocks last Friday and Monday of this week by shorting on Tuesday afternoon, prior to the close. POTC did not send out an e-mail alert, but we posted links in the section above and mentioned that we considered solars and the S&P to be overbought. Look at a 5-day chart of FSLR, or LDK, or ENER, or the S&P 500. We made substantial returns this week buying puts on the above-mentioned stocks and the S&P.
We will launch our website next week and give you an opportunity to monitor our trades before offering an advisory service. Regardless of this economic environment POTC knows how to trade market mechanics, market psychology, and how to generate profits consistently. We do it every week and would like for you to do it also. We'll provide more details soon. In the meantime have a great weekend and remember, now that it's Friday and the weekend with all of its uncertainty beckons, Cash is King.
2 comments:
whats your view on the solars today?
huge drop in most of them. ARe theynow oversold? I am looking at getting into SOL.
For a trade only, yes. But we prefer to stick with swing trading FSLR, as it is the king of kings in that sector.
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