Oil is off about t$1.50 so far this morning and stock futures are up slightly. LEH is raising a bunch of loot and the financials should be in trouble again today. We are very over sold but as you know things can stay over sold and get even more over sold. Maybe we can pull off a turn around Tuesday. If the solars are ever going to put on a strong rally it should happen with oil doing what it's doing so I will be watching the group. My favorite names there are CSIQ and FSLR.
About Me
- upsidetrader
- I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.
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