Friday, June 18, 2010

MIDDAY

(stock #'s in %)

Flat market. Reflecting the economy pretty well. Double dip coming? Gulf of Oil waiting for hurricane. Louisiana thinking more in terms of $100B. Wars. Unemployment. And debt. Oy. So far, the market is following what I suggested earlier this week. If it goes over 200-days we may go up slowly like the economy. Perpetual hope with reality.

XDSL topped out at noon up over 40. Actually, there was news. On Monday. US patent approved. A little delay, A? Now up 36. Gone through 50-day lines. Big volume. PLUG up 15. Fuel cells in forklifts for now. Up to their 50-days. MDTL up 15. Fuel cells on market. SLTZ up 12. Thin-film solar machine maker plus their own cells. I think. CABN up 12. I'm saying, going by the chart, that they're a buy still. But it's low volume and a thick spread, so put in your price carefully. But longer haul it's looking right.

QTMM down 23. Gone from 20 cents to 10 in weeks. Back to its bottom. They usually go lower before recovery. Quantum dots. And such.

NEWN up another 4. China lith-ion batts. Revs, nets up 7X. One of my recommendations. NPWZ up 5. They may have bottomed with that fall to 3.5 cents Wednesday. LSCG up 4 more. And FDEI down 4 after putting out a news release that we can download their financials from their website and when I tried the link from the release it went nowhere. This company is starting to disturb me.

XDSL now up 27 in quick fall. Watchful eye.

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