Thursday, January 03, 2008

Be careful with your solar power investments

Be careful before green investing in solar

The other day I was watching Fast Money and oil and solar power investments came up. It seems a lot of "amateur" investors are taking positions in oil and solar power, which caused worry amongst the Fast Money guys. Sometime this quarter the staff believes that both oil and solar stocks are going to get hit for a loss. Both will probably go back up before the end of the year, but probably after all the "amateurs" get hammered.

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