Saturday, May 5, 2012

FRIDAY CLOSE

(stock #'s in %)

Market down 168/67/22. Dow back to 50-day lines, the other indeces below theirs. Volume a little heavy (especially for a Friday). Oil down below $99.

WWPW up 55 on nominal volume, put them over 50-day lines. ABAT up 16. Day 3 of run over 50-days. POWI up 12. Big move over all lines, big volume. IFXY up 11. LEXG up 7. APWR up 6. ENOC, DSTI, SLMU, RSOL up 5. RSOL in 6-day runup over 50-days.

LEOM down 34 on nominal volume (normal for them). Back below all lines. AMLM down 15. FSYS, HOKU down 14. FSYS back to December bottom in a 2-day plunge. HOKU searching for a bottom - another new low. CLNT, VNDB down 13. Both are pullbacks in runups.EMKR down 12. A fall below bottom (50-day) lines. AMEL, CCGI, PWER down 11. AMEL back below 50's. PWER back to bottom. CSGH down 10. CREG, CRGE down 9. CREG back to top (200) line. NFEC, ZOLT down 8. NFEC, of course, also in long runup since Feb. ZOLT in 2-day fall back to bottom (200) line, covered the gap from Feb. CERE down 7, new low. Who knows where the bottom is yet - a new issue. FSLR down 6, another new low. Big loss in Q1. MXWL down 3. I'm still thinking there's a rebound coming. NENE, LSCG down 1.

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