This rally seems to be getting a little out of hand. Almost like we need a downtick rule to keep irrational exuberance in check. Speculators are profiting from stocks going up! I keep trying to stubbornly short though and am missing some of the upside moves out there. Solar stocks were on fire today. TSL and FSLR had some very nice volume. So what if it's insane, there is money to be made from extreme emotions.
Warning: as soon as I come around to going long that usually means the market is about to nosedive.
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2 comments:
Rick,
That is funny, I just read your post then looked at FSLR and it is tanking!
Tyler
I may have spoke too soon. It is back up.
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