Step away from the Monitor, there is something Big going on in the real World: LED Lighting (CREE; GE; PANL; PHG; UTEK: VECO)

I know, the DJIA is down a couple hundo. An excellent time to look for new market leaders.
One of our investment touchstones is that by 2015-17 there will be a bunch of new technologies hitting their stride. Here's one of them.
We've had more posts on LED's in the last week than we did in the prior month.
From earth2tech:

Why 2010 is a Breakout Year for LEDs

In a few years, we’ll look back at 2010 and remember it as the year that LEDs (light emitting diodes) turned a corner and went from a pricey niche lighting technology to a mainstream contender.

Among several signs, Pike Research recently reported that by 2020 LEDs will make up nearly half (46 percent) of the $4.4 billion U.S. commercial lamp market. And last month, LED lighting company Cree announced that its first quarter 2010 revenue shot up 78 percent compared to the same quarter a year ago, driven primarily by LED products, and that its profits experienced a tenfold increase over last year.

Of course, a rosy forecast and one company’s stellar financials do not a vibrant LED market make. But as I describe in my weekly GigaOM Pro column, there are a couple more reasons why 2010 is a watershed year for this solid-state lighting technology.

Lighting Management Gets Smarter: The biggest opportunity for LEDs to produce serious energy savings comes from lighting management systems that give commercial facilities managers fine-grained control over their lights, and by extension, the energy they consume. At Lightfair, a tradeshow for lighting specialists, designers and decorators, Redwood Systems (one of our 10 LED companies to watch at Lightfair) is currently showing off new networked LED lighting systems, while California Eastern Laboratories, Teridian and Synapse Wireless are displaying their “plug-and-play” collaboration that forms the basis of a wireless lighting control and energy management and monitoring platform.

LEDs Attract More Big Guns: Panasonic, Samsung and Toshiba are all on the LED bandwagon....MORE

Previously:

"Did the LED Industry Hit the Tipping Point Today?"

"10 LED Companies To Watch At Lightfair" (CREE; GE; PHG)

Folks I'm not familiar with give Cree, Inc. some lovin' (CREE)

"Pictet Clean Energy Fund Finds Value in Cree’s LEDs" (CREE)

LED Lighting: "Veeco Instruments: Buy on Weakness, Short-Term
Profit-Taking Provides an Opportunity for Long-Term Investors - J.P. Morgan" (VECO)

17 Projects Shaping the Future of LED Lights (AMAT; CREE; GE; PANL; PHG; UTEK)

"Cree: The Street Sees The Light; Gabelli Says Buy; Lazard Ups Ests" (CREE)