FAN will go UP
$35.00 on 12/24/08
$15.40 (-49.22% from time of market call)
This is a really interesting ETF and is a good play for someone who wants to buy into the wind market, but isn't sure which companies to choose.
Wind energy has been growing at about 25% per year and will continue to do so. Especially as politicians pass laws forcing the need for alternative energy. Wind is currently one of the best alternative energies because it produces more power per area than solar. The only way for America to become independent from foreign oil is to promote the growth of alternative energy.