I picked up FXI about 15 points ago, I don’t think China is ready to jump the shark quite yet and I think FXI is still a solid play. I’ll be a happy camper if it fills that gap you pointed out.

FSLR’s run has just been amazing. 600%+ over the year? I shoulda bought it at $25… or at $45… or at $125… sigh. It takes a braver man than I to call a top in that monster. I saw an article on Seeking Alpha yesterday that was speculating FSLR along with SPWR getting added to the NASDAQ 100 in their annual reshuffling. If that’s the case, any funds tied to that index will have to buy shares to rebalance. Could create short-term demand over the next month or two. At least that was the reasoning behind the article. Maybe it’s a short-term play? I don’t know, but even though it’s the sector leader I’d be scared to hold it for long as it’s been one hell of a run.

WaMu I bought a small position when it was yielding near 10% figuring it couldn’t drop much lower and the yield would make up any future drop. Whoops. At least it was a small position. Recent action looks like it’s bottoming, which would be nice. WM and WB both have had insider buying lately, which is a good sign.