Saturday, June 12, 2010

THOUGHTS and STUFF

Dow again up against 200-day lines. Ditto Naz and S&P. Several economic indicators next week will be relatively benign and shouldn't have much effect on the market. If Dow goes through and stays above the 200s, then the Euro crisis worry is absorbed and the market may resume a rise as slow as the recovery. Always hope for the best, A? It might help for some new jobs.

BEHL might be one to gamble on. Certainly one of my favorite techs - algae capture of power plant CO2. A pink, but soon going OB and just put out an update. .4 cents. I know. Way cheap. What the hay, risk a couple hundred.

FDEI all the way back down from where they flew up 70% what, Wednesday? Down 30% Friday. Told ya insider trading sux. Anyway, their India 5MW project will come in ~$5/W. But they're paying $3,700/ac for land in the desert. Sounds like some graft. They still are a top pick, but they owe us better reporting.

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