Wednesday, May 30, 2012

WEDNESDAY CLOSE

(stock #' s in %)

Market down 160/33/19. Indeces dealing with top 200-day line again. Volume normal. Oil down under $88! Pump prices should be coming down. Sometime.

HOKU up 59. I'd say they got turned around somewhere late morning. Big volume. But who knows if they're bankrupt or not. But pretty good bounce off bottom I must say. DYMTF up 21. Haven't a clue. Another surge off the bottom. NEXS up 11. NPWZ up 10. FCEL up 9 on S Korea market news. CWET up 5.

VLNC down 15. Back under 50-days, 2-day swing. BIOF, SYNM down 12. BIOF mentioned this morning. In double bottom mode? Tho - ugh - food for fuel. SYNM a new low. CRGE, EFOI down 11. EFOI getting hit maybe because DOD pressed to cut back on anything new energy and Navy their main new biz lately. ALTI down 9, new low. Doubts about EV's, I guess, and need for new-fangled batteries.
MXWL down 8 more. Where the hell is this bottom? Back to '09 lows. That's a real double bottom. The dam Q1 report wasn't all this bad. Considering all the other companies reports, especially. Sorry I said it was a buy earlier. I don't know what the hell's going on with this one. With all that, it might really be time to buy it. For good long hold. (Yes, I still own a few shares. But I'm looking at it objectively. What the hell is going on with this?!). PEIX also down 8. Tho more ugh food for fuel. NENE down 7. Back under bottom (200) line. We need news of their solar and other new energy tech. Taking too much time. Could be game changer. Or ruse. Rube? Charlatan? Fraud? We've seen a lot of 'm in this clean E grab and go over the last what, 8 years? CBEH, AMRS down 6 on profit taking, tho CBEH much more gain. Much more. And AMEL down 6. Are they mining any lithium yet? Back to their Dec bottom. We all know the market is enigmatic. Stealthy. Stealy. The real winners have to go to the actual sites and do all the financial research. O, that's what Wall Street does. And then reports. Unfortunately for the rest of us, AFTER the runups. That's why the easiest way to make money in the market is to short the high flyers. Duh. CLNT down 5. DSTI down 4. ECOS down 3. It's getting like reporting on local TV news of the murders every day. At some point we just can't do it anymore. LSCG, AMBT were flat. Maybe those are the ones to buy.

No comments:

Post a Comment