Monday, May 23, 2011

OPEN

(stock #'s in %)

Market down 150/48/16. Under 50-day lines. Volume light. Oil down under $98. Europe the culprit. Fitch further downgraded Greece debt. Possible 2nd EU bailout. And S&P lowered the outlook on Italy debt, but private debt levels are low and banking stable. Moody's confirmed a stable outlook.

VNDB down 26. ESLR down another 16. LEXG down another 13, EVCA down 13. PSPW down another 12. Back on their 50-day lines. LMCO down 10. BCON, UBRG down 9. CSUN down 8 more after reporting.

AFPW up 50 more on news. Double since Friday's low. RNNM, WWPW up 15. NGBF up 11.

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