Solar Stocks plunge

Even with the S&P500 positive for today, the technology sector is plunging, along with the whole solar sector.

Sun Tech Power and First Solar, Inc. are moving down around 6% for the day.

Even if above July and August lows, the solar industry seems too risky for any short term trades, but expect some high volatility if the market gets higher this week, after the latest US Government bailout news.

Labels: Bearish, First Solar Inc, FSLR, STP, Suntech Power

posted by Ertai at 3:18 PM