Friday, June 1, 2012

FRIDAY CLOSE

(stock #'s in %)

Rough day. Market down 274/79/32. Volume heavy. Oil down near $83. That makes oil sands a money losing venture. Morgan Stanley: stimulus odds up to 80%. Jeb Bush backing tax increases.

AEHI up 75 on 11K shs. AMPD up 33 on 100 shs. HOKU up 28, chasing that recent high. SLMU up 25, sprung off that top 200-day line. Not a bad sprung. PSPW up 21, over 50-day lines. GWBU up 20 on humongamous volume. They might be for real. Almost quadruple since begin of May. Shall get into it this weekend. I got the flyer but didn't read it what, last week? My bad. At least I wrote down the symbol. BLQN up 10 on 5K. Just barely over 50-days but haven't shown much gumption to go on further yet this year. CSIQ up 5. A probable Chinese solar survivor. JASO another. Probably.

AMBT, LEOM down 20. AMBT coming back off yesterday's peak. So, pick your price for the get back to the peak. Usually happens. Except when it doesn't. LEOM, who knows. ALTI down 17. There's a train track bottom. Not much volume though. XSNX down 16. Backed off 50's. The promise year after year after year. Like DSTI. CGYV down 13 on nominal volume. I'll give you $10 to interpret that chart. Could be 3-yr double botm, could be not. ZIP, VLNC, CSGH down 10. ZIP's been going down all year. VLNC pretty much same story. And CSGH new low. LSCG, BWEN down 9. LSCG probably a buying op on pullback to top 50. BWEN is double bottom. I would buy it. CERE down 8 on 8K shs. Down and down since Feb inception. FSLR, CLNT down 6. FSLR new low. How low it has gone. Way to go bears. And what's the prospect for big solar deals in future world. Well, there's Africa, Arabia, Australia um and that were the A's. Hello equator. But. More competitive solar coming online. And once it's installed it's over. Though it's maybe 25-40 year replacement market. Who knows yet. SPWR same deal (down 5). China solars may have some life left. And then what the heck is really up with NENE, XSNX et al. CLNT I'm a buyer here. NENE and NANO down 3. NENE on bottom 200. That's a keep the eye on Monday and buy on any turn up. NANO had recent runup off bottom and now coming back.

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