Monday, May 24, 2010

MIDDAY

Low volume. And back to flat Dow. Probably the whole week will be the same going into Memorial Day. Just like the summer market. Normally. But, of course, these are not normal times. At least no more major bad news so far, though we are keeping nutcase watch on N Korea.

So. How be the cleans. HLXW - Helix Wind - now up 49. Still no why. LMCO up 20. LSCG up 15. They won't be going down. Well, unless the market implodes. GCHT up 15. New Chinese wind comp today reported $11M rev and the Chinese standard 10% profit. Coming off a bottom dip. Seems a wind theme today, A? Duke even signed up for 300 more MW. NEWN up 7, bouncing off its 200-days.

BSRC down 7. ECNG down 6. ECTY down 6. RSOL down 6, dipping under 50-days. And BFRE down 12. Getting cheapy. Cellulosic eth.

And by the time I finish, the Dow is back down 26.

Breaking news - I reported on Friday that MKTY was good to buy at present level. But I just red that MTI Micro (fuel cell subsid) is in cash crunch. Well, that's not any news for any fuel cell company. But it could be bad news to buy MKTY now.

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