Based on our original entry price of $128.48, our short sale of First Solar (NSDQ: FSLR) yielded a profit of more than $55 per share–a roughly 43 percent gain. Shares of First Solar could sink even further, as cash-strapped governments continue to cut subsidies for alternative energy. In a weak market, the stock could decline to less than $50.

But the stock has been on an extended losing streak and is long overdue for a bounce. At these levels, even the slightest hint of good news could provide some support for the stock. Buy enough shares of First Solar to cover half your original position. In other words, if you sold 200 shares of First Solar short, buy 100 of those shares at any price below $77. The remaining short position rates a hold; investors shouldn’t commit any new money to this short play.

First Trust ISE Revere Natural Gas (NYSE: FCG) is an exchange-traded fund (ETF) that tracks the performance of a long list of natural gas producers. We expect the fund to pull back as hurricane season comes to an end, removing one of the few factors propping up gas prices.

The latest addition to the Gushers Portfolio is a short-term trade for aggressive investors–not a long-term holding. Sell First Trust Natural Gas Fund short above 15.50.

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