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Solar ETF

I just noticed a new solar ETF: TAN.  It's from Claymore (www.claymore.com)  Some of the holdings: FSLR, JASO, SPWR, LDK, SOLF, Trina (forget the ticker), CSIQ, among several others.  I've been following solar for several months now but not currently long or short.  Definitely will be adding TAN to a watchlist.

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StudentStocks.Blogspot.com

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Maybe I'll short it.  Solar stocks are the latest bubble.
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EnglishTeach

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i am wondering that about FSLR.  it has run up quite a bit lately.  i'm also thinking solar will correct if mccain gets the white house.  ... but that's still a ways off.   could be a lot of upward movement between now and then.
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locogmac

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locogmac

Solar stocks. I thought that bubble popped early this year in Jan/Feb. Although true, they have had a huge run-up over the past month, with a few of them hitting all time highs the past week or two.

I've always wanted to short FSLR since it took off from the 100s. I'm glad I didn't. It is extremely overpriced, but the thing is Cramer gets his bandwagon and all the commentaries to pump FSLR as THE solar to own. I wouldn't want to short that until it actually reversed on the way down.  

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EnglishTeach

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Yeah, it gapped up over 300 this morning
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