Friday Market, Sept 18, TGIF
posted on
Sep 18, 2009 12:20PM
Hello to all of you BEHL'ster Lurkers...
On Pink Sheets - BEHL sp continues to step down. Not seeing the near-daily PR's anymore. Fundamentals have not changed. Much of the tech in the BEHL system appears to be similar to WWTP process equipment, so is readily available through numerous providers. Been a pretty rough run since the big pop at the beginning of Aug, but is a normal part of the cycle and trends.
Dow continues Bullishness. Technicals indicate peaking, but we have seen this before from this energizer bunny. S&P is very close to 20 percent above MA200, so a correction could be coming in the near future. But, for today it is Bullishness. Currently the Market is mixed and showing some profit taking, Miners down, Banks mixed and NASDAQ down.
Energy -Oil down, NatGas up with many Natgas stocks seeing profit taking, and Solar up.