Behold A Red Dragon

And the beast was hungry. It was going to be satiated and its sumptuous feast was to be eaten before August 2. Sometime in the next few weeks we will be getting a tradeable bottom. Start getting your speculative list ready. The beast must be fed and Ben will have to gun the risk trade. I still like the miners and PMs but from a speculative standpoint the Chinese market looks very tasty at the current levels as funny money will have to enter back into their powerhouse. SCEI is worth a look here for a stretch. It operates as a third party commercial producer and distributor of coal-water slurry fuel (CWSF) in the People’s Republic of China. The company’s CWSF products are primarily used in boilers and furnaces to generate steam and heat for residential and industrial applications. It sells its products directly to various customers, including industrial, commercial, residential, and government organizations.

Another destroyed Chinese stock for a look-see is JASO. It engages in the design, development, manufacture, and sale of photovoltaic solar cells and solar products, which convert sunlight into electricity in the People’s Republic of China. The company’s principal products include monocrystalline and multicrystalline solar cells, as well as various solar modules. It also provides silicon wafer and solar cell processing services. This sector is destroyed and blood is in the water. STP is another solar casualty that we’ve played before and remains in a pool of blood.

http://www.fool.com/investing/general/2011/07/13/whats-up-with-solar.aspx

BCON is a little closer to home (USA) and may be worth a sniff. It’s a tiny company that is involved in storing energy for solar and wind systems. Beacon Power Corporation, a development stage company, engages in the development and commercialization of flywheel energy storage systems to supply frequency regulation services to the electricity grid in North America. Its flywheel technology stores and recycles energy on an emissions-free basis; and provides frequency regulation and energy balancing services for the electricity grid, utilities, and distributed generation and renewable energy markets.

These are to be looked at as high risk and do your own DD. I own NONE of these at the time of this post. I plan on taking small positions only. My attention is still on the miners and their trade. Keep your cash high again here but nibble on pullbacks for trades. SSRI SLW EXK AG if you get the chance. gl

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