"To lose one... may be regarded as a misfortune; to lose both looks like carelessness"—Oscar Wilde
To lose three looks like obstruction of justice and a possible 18 U.S. Code §242 violation.
Tuesday, March 10, 2009
PowerShares WilderHill Clean Energy vs. Russell 2000 vs Nasdaq (PBW)
Although there were some good moves in individual names (Evergreen and Suntech both up 21%, SunPower up 15%) as a group they did not outperform as much as one might expect considering their prior massive underperformance. Here are 1 day and 6 month charts, I've also included the CLAYMORE/MAC GLOBAL Solar ETF (TAN):