Monday, June 27, 2011

CLOSE

(stock #'s in %)

Market up 108/35/11. Volume really light. Oil still under $91. Now it's resolution of Greek crisis that drove the market higher. Earlier it was new bank rules, whatever they are. Yea, well, maybe the Fed just rolled in some funds to the Dow, Naz and S&P corps. Who knows. Not that I want to disparage or discourage. It's just who knows. All I know is all the indeces are still above the 200-day lines.

Random report: WPNV up 38. Apparently because they could. VNDB up 34. SPOW up 27. ESLR up 22. Still haven't seen any news. Gotta love insiders. Or was it just short covering? XDSL up 12. Pretty volumey. QTMM up 10. BYDDF up 7, where they begun the morn. AMSC, AONE up 4. ABAT churned.

BHWX down 23. WNEA down 20. BFRE, SNRY down 11. SNRY volume falling off. VSPC down 10. ALTI, COMV down 9. I probably would buy both of them at these levels if I had extra long-term money. UBRG down 2. Again, tomorrow a 10% dividend for holders of record tomorrow. I can't understand selling it today. But that's the market. Stupid, crazy, manipulative and ... thieving. But we gotta love it. It's the market we have. And it's not always bad. Is it?

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