Wednesday, June 13, 2012

WEDNESDAY CLOSE

(stock #'s in %)

Market down 77/24/9. Volume normal. Oil stayed under $83. Trying to figure Europe out. Greeks vote Sunday. Spain, Italy bond yields going up. Fear and loathing.

SLMU up 33. Back to top (50-day) line. 200's held. Like market indeces - 200's holding. CWET up 21. What's the skinny? How likely is their power tower? ALTI, OOIL, SOPW up 13. ALTI working the bottom. OOIL too. SOPW may be working double bottom. Not much volume for any. ENSL up 11. Bottom. ASTI up 8. Back above bottom 200-day. MXWL up 2. Recommend it. And I own some.

VSPC, NGLPF, BOPO down 20. All with bottom issues. AONE down 16. They were lower. The "breakthrough" takes time to market. AMEL, LEXG down 13. Both lithium startups. Down and down all year long. AMLM down 12. Ditto. ZAAP down 11. Back to bottom. An EV comp? Nominal volume. CSOL down 10. HOKU down 8. Bottoms up.

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