On inceasing volume. Stock is a fundamental monster with growth rates that are supersonic. Expect more upside on almost sure democratic win in nov, impying more solar subsidies and tax breaks.
This post is more than 60 days old. Replying to it might be confusing for other members reading the discussion.
By all means, keep the ball rolling and post a new opinion.
Top 97%
ramigabai
Aug 17 at 11:33 ET
I don't think obama will win the elections...
Any connection with LDK Solar?
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DowJonesDave
Aug 18 at 6:18 ET
Well, I can't see McCain (I think is brain damaged) winning. I'm actually a Ron Paul supporter and really don't want to argue politics. I think the dems are going to win (whether I like it or not) and thta's going to be good for solar stocks. LDK is related only in that sectors move together and if one solar stock rallies they all willl most likely.
Top 97%
ramigabai
Aug 18 at 6:46 ET
Any smart world would make solar rise and help in reducing oil comsumption.. but we're not always living in such world :)
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DowJonesDave
Aug 18 at 7:41 ET
We have to become a low-voltage society. And here is the problem. Exonomically, without fossil fuels, we'll have to reduce energy consumption dramaticaly. That means economic slowdown. Add population pressure,,,FAmine and war...It could get really bad. We still need a lot of oil. Can't shift overnight, and can't ignore the physics of energy consumption and its relationship to economic velocity. Gasoline is incredibly cheap and efficient. Think about it. A gallon of gas can move a multi-ton vehicle for a few miles at speeds of 100 mph or more.
It's the power you get out of the weight that makes it so hard to replace.
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DowJonesDave
Aug 18 at 7:48 ET
Ok, more... Alternative energy can't supply enough power to maintain the developed nations at the current level of consumption. Cities only have an average of three days food supply. We forget that EVERYTHING has to come to a city from somewhere else (most cases). Cities are nothing but infrastructure hubs, they have no ability to produce if supplies are not constanly shipped in. This dependency has now become a liability, and I believe that we are close to sortages on our shelves as fuel becomes too expensive to ship everything we're used to having.
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ramigabai
Aug 18 at 7:52 ET
I agree on this dave but the problem is that governemnts "educate" the public and they should help design a better future where consumption and growth is not everything that matters. 4x4 vehicles should carry double or triple tax. Goverments should encourage private households to produce their own electricity using solar/wind/renewable energy sources. This should be the future.
I think the next trend in coming years would be companies that research and deliver products that can store solar energy. We need better energy cells.
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DowJonesDave
Aug 18 at 7:54 ET
Here in massachussets the state will pay for all of that with a tax refund.
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DowJonesDave
Aug 18 at 7:55 ET
PS: There's no room for morals really when playing the stock market.
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ramigabai
Aug 18 at 8:00 ET
Yeah, but en efficient market will find its way to serve better what's important.
The problem with solar is it doesn't have an efficient way to store the surplus electricity.
I'm looking for a battery cells manufacturer who have improved significantly recharging speed and capacity.
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guliamo
Aug 18 at 8:34 ET
Interesting conversation indeed, I'd like to add my 2 cents..
First and foremost.. god help all of us if Mccain wins, seriously... just heard the guy vowing to "chase down bin laden to the gates of hell"... easy captain, remember your heart..
If Mccain wins, the US will stagnate - we need fresh thinking and a change, no doubt.
As for Solar and wind, though Rami's case is passionate and makes obvious sense, I think Dave is right in that it ain't that simple.
Solar and wind power are only 1% of electricity and though positive steps are made and should continue to be made, salvation will come from two places:
1. C-o-n-s-e-r-v-e energy. We need to use less electricity and it can be done simply and without effecting our society at all. You wouldn't believe how much electricity can be saved simply by building homes from better insulated bricks. Light bulbs that light with 20% of the energy of regular bulbs have been on the market for a long time. Government needs to bill us for electricity on brackets so the first X kilowatts are cheap, but household that go over a certain rate - price needs to triple!
2. Fight CO2 emissions.. this is what is burning our planet down. There is an interesting attempt to bury CO2 coal emissions under ground - coal is the biggest electricity producer and making it clean is a huge and important challenge.
If we get those under control + tax gas guzzling cars we should have plenty of time to find a solution for cars..
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DowJonesDave
Aug 18 at 9:55 ET
It's only recently that I have taken seriously elliot wave theory in it's macro sense. I use the elliot count somtimes for trading and trust that, but the actual elliot wave theory is on human civilaization, not the stock market, and spans all of our existence. The theory is that humankind rises (rallys) and falls (declines) in waves, with smaller magnitude waves making up the larger ones.
It has been threorized that the Dark Ages were an elliot wave correction. Any basic browsing of an elliot wave pattern (visually rendered, though most elliot wavers use fibbonaci number seqquences to calculate the waves rather than show the simple chart the sequences generate) will show similar attributes of a broad market index of stocks.
So, if you're familiar with elliot wave, you would know that the count came to 5 (top) from the emergence of the world from the dark ages. Now I didn't buy this as I'm inherently resistant to doomsday theories (hasn't happened yet) and tend to categorize permabears as a doomsday cult.
However, lately I've been given this elliot wave thing a lot more serious consideration.
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DowJonesDave
Aug 18 at 10:06 ET
Note: 5 count topped with the internet bubble (look at us all now was it such a bubble?) with no society changing discoveries apparent (except energy) on the horizon, I can't see anything that could spur the market to new highs in the near future (next couple years). I can see things that would make me believe that perhaps we are in a full correction mode off the run-up from the dark ages. The Fed has only been around for a little while, and the endless dilution of our currency since its inception (Google: Fractional Reserve Banking) has not been tested in the long term sense as it is being tested now. I think that the dollar has been diluted as far as it can be, and is now without any real worth, and that trading will reflect that, in the form of prices, not curencies, because all currencies are subject to the extraction of value created by fractional reserve banking.
If this seems a little thick, well, it is. I believe that there are forces at work that are bent on owning everything, and are willing to destroy worldwide quiality f life to do it.
Just my Opinion. Try to trade with the sharks by identifying the movements they make.
Top 2%
Stormethia
Sep 12 at 9:04 ET
guliamo, I just wanted to add to that "...help us all if mccain wins" and then has a heart attack so palin is running the country.
Going forward now, what do you all think of solar stocks at present? What are the wind plays besides GE? What about rain water collection systems? I'd love to buy one for my chihuahua ranch.