Replies to post #74 on PowerShares WilderHill Clean Energy Portfolio (PBW)

[SilentOne]

hi frenchee,

I missed your post the other day. I have been watching and cashed out of a lot of stuff between Christmas and just after New Year.

I think for now one has to trade this thing with good entries and stops. I know one thing. We can head lower again later this year, but that could come after a decent rally. As I suggest, trade it for now.

And think about this. PBW is far and away underperforming the $SPX and many other sectors. Lots of perceived risk here.

BTW, there is a confluence of turn dates for many assets Jan. 23 - 26. High or low for the equity market?

cheers,

john

[SilentOne]

hi frenchee,

Is this what you meant by the pause? How about a little refreshment? :<)

OK, time for targets as we are approaching a washout in everything. Do I hear 5? 4?

I'll check in here on Friday. The best buy may only come near March 6th.

cheers,

john