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Spin · 21-05-2009, 04:25 AM

So Paragon finished the day up 25%, which is nice.

Sadly, as a result of the US grubbermints activites printing money, the dollar is falling.
Earlier today it crashed through a significant support level and will now probably fall lower.
We dont care about that though!

..... becuase its good news for us, the dollar falls and oil goes up. When oil goes up people start worrying about energy costs and stocks like solar go up. See todays 7000$ gain in our holding of First Solar (FSLR)

The wider market was dogged by banks moving lower and that dragged everything else with it, mid morning the portfolio was up 23,000$ but finished up 8 grand for the day so not too bad.

21-05-2009, 04:25 AM	#327 (permalink)
Spin Would ya? Join Date: Jul 2006 Posts: 10,333	So Paragon finished the day up 25%, which is nice. Sadly, as a result of the US grubbermints activites printing money, the dollar is falling. Earlier today it crashed through a significant support level and will now probably fall lower. We dont care about that though! ..... becuase its good news for us, the dollar falls and oil goes up. When oil goes up people start worrying about energy costs and stocks like solar go up. See todays 7000$ gain in our holding of First Solar (FSLR) The wider market was dogged by banks moving lower and that dragged everything else with it, mid morning the portfolio was up 23,000$ but finished up 8 grand for the day so not too bad.