By Mick Weinstein
Following the S&P 500's crash through its 1,100 support line yesterday, some value-oriented long ideas and smart short cases seem appropriate.
LONG
While big solar names such as Solyndra and Evergreen outright collapsed this year, and others like First Solar /zigman2/quotes/209356097/composite FSLR -0.06% have swooned, alt energy investor Tom Konrad went behind the hyped panel to discover two solar power inverter companies he's now long as value plays : SMA Solar Technology /zigman2/quotes/207281634/composite SMTGF +1.80% and Power-One .
On the iShares blog, Russ Koesterich sees energy companies as a bargain in the wreckage .
Roger Nusbaum - whose longstanding blog is a must-read on the process of portfolio management - sold out of Caterpillar /zigman2/quotes/203434128/composite CAT -0.17% earlier this year due to recession concerns, but believes the stock "will go to $130 at some point even if it gets there by way of $60." Roger contrasts CAT to Nike /zigman2/quotes/203439053/composite NKE -2.75% , which he still owns.
As gold and silver speculators head for the exits, the smart money remains, according to Jordan Roy-Byrne .
Frank Voisin sees MIND CTI /zigman2/quotes/203647513/composite MNDO +0.42% as "between 25% and 40% undervalued."
SHORT
Why Sirius XM /zigman2/quotes/201205073/composite SIRI -0.21% could easily drop from the current $1.45 to under a buck .
Greg Harmon notes that even the strongest financial sector stocks - like CME Group /zigman2/quotes/210449693/composite CME +4.99% , Intercontinental Exchange /zigman2/quotes/209108507/composite ICE +0.02% and Visa /zigman2/quotes/203660239/composite V -0.46% - have broken down .
The disaster scenario for chip stocks like Broadcom , SanDisk , Micron /zigman2/quotes/205710729/composite MU -2.58% and Texas Instruments /zigman2/quotes/202237907/composite TXN -2.74% .
Dan Plettner shorted closed end fund Liberty All-Star Growth /zigman2/quotes/203240833/composite ASG -0.37% for these reasons .
Goldman cut its metals forecast - bad news for copper names like Freeport-McMoran /zigman2/quotes/200215692/composite FCX -1.26% and Rio Tinto /zigman2/quotes/202627887/composite RIO -0.25% ?
The opinions offered herein are not personalized recommendations to buy, sell or hold securities.




































