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try search my posts on solars, the little valuation matrix that I have been using the measure the market sentiment towards solar is a simple EV/08 earning estimate. (EV means enterprise value... Try to do you own homework... that\'s so critically important.)
The extremes I have seen is that when market/sector in bearish mood, this measure can go as low as 5-7, as 3 months ago. And when it\'s high, it can go to 20.
currently a lot of in the neighborhood of 10, which to me indicates that market is in significant fear, but not that kind of throw the baby out I don\'t care anymore kind of extreme pain and fear,
if the valuation goes to 7 I\'d be aggressive buyers.
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