Friday, July 27, 2012

NOONY

(stock #'s in %)

Market up 120/42/16. Volume normal. Oil around $90. 2Q US GDP up 1.5%.

CRGE up 40. CWET up 25. Bounce off top 50-day line after 50 per cent pullback off runup. WTWO up 11. Coming out of double bottom on 10-day chart. They have a plant coming on line next month. NEXS up 9. Might be at bottom if not bankrupt or going. DSTI up 8 on nominal volume. FNVRF up another 7. Over 50-day lines. Sold that wind farm. FSYS up 6. Over 50-days. BIOF up 5. HOKU, GWBU up 2.

AONE down 18 more. Probably going bankrupt. Wait for real implosion with crazy volume. AMLM down 16. Pure speculation. CABN down 14. NFEC, VNDB down 11. Both probably forming double bottoms. ECOS, EVSI down 10. ECOS already coming off double bottom. EVSI keeps going down, but they have some business. XSNX, PEIX down 9. XSNX all the way back from early July zoom. So. Another double bottom. A lot of double bottoms going around. PEIX also on double bottom - from October. Corn prices may be coming down. Can they make money? Are they going cellulosic? Are they growing? Obviously I don't have those answers. There are better techs to invest in, though. NTXCF, NENE, XSNX, etc. But, bottom line is what stock is going to go up. Faster than others. (Again, I don't short any stock). NPWZ down 5. Still coming back from their June jump. I still like fuel cell power. NTCXF down 1.

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