Wednesday, August 11, 2010

OPEN

(stock #'s in %)

Dow down 200 on reaction to Fed, t'is being said. I think we just ran out of buyers. And the market is reflecting again the dismal financial news of late.

AEGY up 15. NCEN up 14.

GTLL down 33. MDTL, ECNG down 22. I thought ECNG was topping yesterday. ELCR down 16. MMGW, SOEN down 15. LMCO down 14. CREE down 12 on strong Q report. Their "flaw" was projecting lower revs than the street. SATC, AONE down 10. AONE's Q report was kind of lousy. I would expect them to reach new lows soon. SOLF down 10. JASO down another 5. CSUN down 4.

When the market levels out (may be days), keep your eye on JASO, SOLF, CREE for rebounds.

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