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Contrarian approach
3 Replies

Started this discussion. Last reply by Johnny_O May 21, 2010.

FSLR
10 Replies

Started this discussion. Last reply by Johnny_O May 25, 2010.

SEC Rule on 'Naked' Short-Selling Now Permanent
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Started this discussion. Last reply by Hua Hin Jul 28, 2009.

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Johnny_O replied to Johnny_O's discussion 'FSLR'

FSLR is now up into positive territory, trading at $111.00 heading into the last hour of trading. Watch out for the rebound coming. The overall market has been extremely oversold these last few trading days. Yes FSLR has a correlation with oil but…

May 25, 2010

Stocks To Buy replied to Johnny_O's discussion 'FSLR'

Oil may go below $65 but then I think it bounces

May 25, 2010

Johnny_O replied to Johnny_O's discussion 'FSLR'

FSLR touch the base levels I indicated earlier. I feel at these levels, ($102-104), FSLR would be a good buy. I will be buying into these levels using limit orders.

May 25, 2010

Johnny_O replied to Johnny_O's discussion 'FSLR'

60-day chart showing ADX looking pretty good and the directional lines have crossed into the green. Also price FSLR now over $115. Look towards the afternoon to see a push as typically volume is light during during hours.

May 21, 2010

Johnny_O replied to Johnny_O's discussion 'FSLR'

Nice to see the rebound happening so far. Up $7 from the lows of $106.

May 21, 2010

Johnny_O replied to Johnny_O's discussion 'Contrarian approach'

I agree we still haven't seen enough panic. However the overall market market has been very oversold so it's only a matter of time before we see a good rebound however short term it is.

May 21, 2010

Stocks To Buy replied to Johnny_O's discussion 'Contrarian approach'

Nice reversal and we may be able to build on this but I still think we haven't seen enough panic yet....could be wrong though. Monday & Tuesday should be good days

May 21, 2010

Johnny_O replied to Johnny_O's discussion 'Contrarian approach'

Well we will have to see how the market reacts. So far it appears the market will be continuation of the previous trading days, at least in the morning hours. However I will be looking closely for a late very short small rally in the…

May 21, 2010

Contrarian approach

We just have 5 trading days of severe down with today being the most severe. Watch for Friday as despite any dramatic change in economic figures, I would anticipate shorter to cover tomorrow so they can short again next week.The Contrarian approach is buy into down days as rebounds are sure to come.See More

Discussion posted by Johnny_O May 20, 2010

3 Comments

Johnny_O replied to Stocks To Buy's discussion 'Samson Oil & Gas Limited SSN'

Yes AAPL is looking good right now, anything below 250 is a good entry after this recent pullback. I would be watching AAPL more closely.

May 20, 2010

Johnny_O replied to Johnny_O's discussion 'FSLR'

FSLR is moving into the green today after hovering around $105 despite crude oil trading down at $68.01. It tried yesterday to close into the green but fell short just before close. The nod up could also be due to the upgrade to outperform…

May 20, 2010

Johnny_O replied to Johnny_O's discussion 'FSLR'

Yes I heard about SPNG. I got out of SPNG before the big let down news last summer. Red flags come when financial statements are delayed, etc. (BIG RED FLAG!) I knew those guys were going to jail after that announcement last summer. I just feel bad…

May 19, 2010

Johnny_O replied to Johnny_O's discussion 'FSLR'

Yes I know about the correlation between FSLR and the price of oil. However I feel oil will start to climb again towards the end of May through till end of summer. Historical patterns of the overall market also seem to indicate the same kind of…

May 19, 2010

Stocks To Buy replied to Johnny_O's discussion 'FSLR'

By the way, did you hear about SPNG? It turned out to be a scam....the top guys are it deep trouble

May 19, 2010

Stocks To Buy replied to Johnny_O's discussion 'FSLR'

Hey welcome back..... I like FSLR but the reason it is down here under $110 is due to lower oil prices. When Oil goes back up, so should First Solar

May 19, 2010

FSLR

I know I have not been on here in quite some time. I have taken a break from day-trading and decided to further my education. The education is now completed and i am back on here with the ability to offer different strategies besides day/swing trading. While taking classes I could not watch the market so easily therefore I have developed different strategies to coincide with not worry about the daily gains. To that end...I have been watching FSLR ever since 2007 and consider it a good "play"…See More

Discussion posted by Johnny_O May 19, 2010

10 Comments

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