Wednesday, July 09, 2008

Betting on T. Boone Pickens

Posting this "Heads-Up" on the run Wednesday, about 2 hours before the close. Clean Energy Fuels Corp is T. Boone Pickens' public vehicle for promoting clean energy. Been watching it ever since he was on CNBC for two hours on Tuesday and is running TV spots (paid for out of his own pocket) all over cable. In the go-go take-over days of the 1980's, I made many a short-term capital gain following this man's lead.

This is one impressive looking candle on the Daily CLNE chart. For perspective, below is the same action on a Weekly chart.


1 comment:

pastormike said...

I like this Pickens guy, reminds me of Ross Perot. But only better. Im an not sure how I feel about his plan yet though? If anyone wants to know more you can go to Pickens website.