Monday, July 11, 2011

OPEN

(stock #'s in %)

Market down 148/42/21 I would say on last Friday's job numbers and no debt resolution in the Sunday night meet. Volume normal to slightly light. Oil down to just over $95. Again, the old normal was oil over $80 caused recession. Seems to be still the norm. And there are projections for $150 oil next year. We have to get off oil, folks. That's EV's and biofuels. And even nat gas.

KNDI up 25 on news. LMCO up 14. There's 2 EV comps right there. That's a thrust off the bottom and over 50-day lines for KNDI. LMCO getting up to 50-days. WWPW up 5 on analyst recommendation. Staying above 200-day lines. QTWW up 5.

WPNV down 42. EVCA down 26. WNEA down 14. HEV down 13, new low. JASO down 4 more, back to its low.

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