BluelightNewsletter

Disclaimer: My personnal opinion is for your entertainment only & should not be used as advice on your decision. I may sell or buy (to cover) my holding according to the market movement. I am not a licensed financial advisor. Please always do your own DD. Set protective stops & not be too greedy. You are responsible for your own decision. I wish you good luck trading. -Blue

Thursday, February 07, 2008

Recent shorts:SFLY FSLR

  1. SFLY, dropped to 14.62 & now 14.65(-13.21%), called (Seems to me SFLY is a good short here, now 20.22, target: 19, 18.6, 17.6. stop:21 //Long term target may be around 14-12 -Jan 28)// now close to the long/term target 14! //So it's another bearish play similar to SIRF: once on our shorting focus since Jan 7 at about $22+, dropped to $6.90 recently. //once dropped -28% within 8 trading days since call
  2. FSLR, once dropped to 157.66 & now 165.6(-3.56%), called on Wednesday(FSLR now broke MA10 at 180.06, it might goto 160 in the future soon -Feb5) //once dropped below target 160 //once dropped -12.5% within 3 trading days since call