Buy wind stocks - TRN is one of the favourites

TRN - Just to follow up on my earlier postings, it looks like Trinity Industries is setting up nicely for a pullback swing trade. This would be a good opportunity to add to our position. A potential re-entry point would be on take-out of high at $33.9. It looks well supported at $32 - the last swing target, which was taken out decisively on Thursday and now serves as the support.The resistance now is at $34.70 which if taken out could lead to more new highs. We need to see what happen to project the next swing target. TRN is also one of the favourite stocks of Cramer. Cramer said that the U.S. is facing a shortage of supply of windmills. "Everybody who's involved in making them, it's a win still," Cramer said. He recommended Quanta Services and Trinity Industries as plays on his thesis. Buy wind stocks, Jim Cramer said on CNBC's "Stop Trading!" segment Wednesday. Source : AC Investor Blog

Alt is the next bubble and everybody wants to get in on the ground floor.

This windmill produces 400 KWH per month if the wind blows and costs about $10,000 with tower.
I would need 3 of them to cool my home in the summer. (If the wind blows)
I used over 1200 KWH in August for $113.

How long before they break or are struck by lightening?
Warranty is 5 years.

My average power bill is $90 per month.
$90 x 12months x 5 years = $5400 electric bill vs $30,000 for 3 windmills?
It would take 25 years to break even, if they don't break!

Skystream 3.7 Wind Turbine, Model# 44470
Turn your electric meter backwards! Skystream 3.7 wind turbine hooks up to your home to help you reduce or eliminate your monthly electricity costs. It is the first compact, user-friendly, all-inclusive wind generator (with controls and inverter built in) designed to generate quiet, clean electricity in very low winds. U.S.A.

Northern Tool

Edited by Rogerdodger, 07 May 2008 - 10:02 PM.