Correction in Claymore Global Solar Energy ETF (TAN) Offer Opportunity?

 

The solar stocks have really taken a beating in the last few weeks and I think for the patient investor this will soon offer the opportunity to add to a long term position.  One of my favorite diversified ways to play solar is through the Claymore Global Solar Energy ETF (TAN).  What am I looking for to add to my long term position? 

I have a long term position already and will look to add once TAN breaks this downtrend.  Probably needs another couple weeks of basing before it does so.

61308_tan_solaretf

Posted on June 13th, 2008 | Solar