Tuesday, December 1, 2009

Alt energy

Hmmm. Alternative energy ETFs are looking like they want to break out from big triangle patterns. And then there's Maude, er, BioFuel Energy Corp.

This is a weekly chart but do you see anything interesting? How about peer ethanol stock Pacific Ethanol up 50% today on top of yesterday's similar gain?

I don;t know about you but when alternatives to anything start to shine it makes me wonder what shortages are developing with the primary. That would be "earl" in local drawl.

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