S2 Option Trader

[plashadpobedy]

The Barron's article, bearish on Solar

The article indicates the possibility of a 20%-30% bath in solar stocks. No wonder they are going up. The market's 100% counter to the news. "Downgraded"...time to buy it.

It rather looks from my watch list that the big dog stocks may be going into a rolling sawtooth at resistance for awhile (particularly the energy stocks), while small caps are being squeezed up. Just my feeling from what I see. A stock like HSY (Hershey) is already at a PE of nearly 25.

I have been looking at beat-down biotechs. Had been eyeballing CEPH @ support, but the calls are expensive, and it could have been months before someone decided to jack it, so I passed in favor of the cheaper solars. Today, it jammed up +$16.49/sh (28%) on a hostile take-over bid. Damn!!!! (10) calls on that would have been sweet.

Check it out: http://stockcharts.com/h-sc/ui?s=CEPH&p=D&yr=1&mn=0&dy=0&id=p22393163304