The price and volume on Friday was not very eventful which means uncertainty in the market direction. I still think that we are due for a pull back going up 8 weeks and down only once. I am still short ACM, EDU, BIDU and have a few bear positions in QID, TYP but I also went long in two solar plays CSUN and TAN I bought on Friday.

CSUN chart is looking very strong as price comes down the volume dries up then on Friday it really dried up. I bought at $3.13. First target is 4.00, then $4.50.

I also looked at the overall solar stocks like FSLR, SOLF, CSIQ, STP and TAN (solar ETF). Solar sector looks good but CSUN looked better. I bought some TAN at $8.60 but I might be a bit early as it might pull back to $7.50-8.00.