> The Oxen Group recommends short selling MEMC Electronic Marerials Inc.
> (WFR). The solar chip sector may be in for a pullback tomorrow after
> news on Thursday and over the weekend that was bearish for the market.
> For one, LDK Solar gave bad news that fell below Wall St. expectations
> estimating they would earn $215 - $225 million in revenue, while
> expectations were near $250 million. The company did beat expectations
> on sales, but it did not matter because the market sent the stock down
> over 5% on Thursday evening. Then over the weekend, the Semiconductor
> Industry Association saw worldwide semiconductor sales up 5.4%.
> However, this was down over 23% from one year ago, which means there
> is still a slow pick up in demand. The SIA is optimistic, but the
> market is still not completely turning up. Further, futures are down
> quite significantly tomorrow, with the Nasdaq down over 12 points. The
> reason one should sort sell MEMC...

> Read the rest of The Oxen Group's analysis, view entry and exit point,
> and resistance levels atwww.theoxengroup.com