Monday, November 16, 2009

Solar Sector

I think solar sector is breaking out. I have few stock of LDK i purchased earlier but had a big drop on it few weeks ago so i am recovering my losses on it. But i m going to keep an eye on it.

I had purchased BXS as i mentioned in my previous post but sold them too early with very less profit. I had good entry point (22.00) with 3% stop loss and 12% profit margin. I sold too early on it. Another big one i had last week was APOL, I had five contracts of it which i sold for loss last week, now up about 8% and options about 60%.

I had purchased some ultrasort SDS and SRS last friday which i got stopped out today for minimum loss.

I will be waiting for pull back in solar.