A weak kind of mixed morning which led into some more serious chop around noon — the buyers only stepped in around 2 PM and took it up into the close. One of those days where the end of day picture doesn’t tell the real story.

Notable New Lows: JDS Uniphase (JDSU), Interactive Brokers (IBKR), and Solarfun Power (SOLF).

There are tons of Notable New Highs so I’ll just single out a few favorites: Deckers (DECK), Crocs (CROX), Southern Union (SUG), Novatel Wireless (NVTL), Apache (APA), Boeing (BA) — nice to see it over the century mark (nicer to have bought it just after 9/11), Caterpillar (CAT), Schwab (SCHW), Apple (AAPL).

Liquid ETFs making new highs: Consumer Staples (XLP), Basic Materials (XLB), Industrials (XLI), Mexico (EWW), Telecom Services (IYZ), and Water (PHO).

Novacea (NOVC) was the stock du jour doing about 400 times average volume. It has a 7 million share float and volume traded was over 21 million shares. ;-) After doubling in 45 minutes, the stock then suffered erectile dysfunction and Dummies lost a few bucks.

Decent day of buying with a little wiggle in the early afternoon.

Notable New Lows: JDS Uniphase (JDSU), Conexant (CNXT), McClatchy (MNI), and Fuwei Films (FFHL).

Notable New Highs: Avaya (AV), Verizon (VZ), Freeport McMoRan (FCX), Fiserv (FISV), Radio Shack (RSH), Vodafone (VOD), and Guitar Center (GTRC).

Avaya was the stock du jour.

Good solid day of buying.

Notable New Lows: Sterling Financial (SLFI), JDS Uniphase (JDSU), and DivX (DIVX).

Notable New Highs: Research in Motion (RIMM), Chipotle’s (CMG), McAfee (MFE), CVS (CVS), and RadioShack (RSH) — hold The Onion… joke.

Verigy (VRGY) jumped after hours on Thursday but it gave an excellent low-risk spot for Dummies to get long this morning.

Mixed morning until 10:30 when selling kicked in and continued uninterrupted all day — impressively bad tone.

Notable New Lows: Marvell Technology (MRVL), Komag (KOMG), IAMGOLD (IAG), and Vista Gold (VGZ).

Notable New Highs list the shortest I’ve seen it in ages: EMC (EMC), Garmin (GRMN), Express Scripts (ESRX), Toro (TTC), Manpower (MAN), and Siemens (SI).

I’ll feature the Utilities SPDR (XLU) as the stock du jour… it has had a bad week and you can see how one week’s action has enveloped the last month’s action — the kind of thing you see at intermediate, and long-term, tops.

Nice solid morning of buying which reversed violently around 2 PM — what an ugly afternoon.

Notable New Lows: Alaska Air (ALK), NorthWestern (NWEC), Net.B@nk (NTBK) — $0.29, and KongZhong.

Notable New Highs: Freeport McMoran (FCX), Alcoa (AA) / Alcan (AL), Fifth Third Bancorp (FITB), Garmin (GRMN), Fannie Mae (FNM), Telefonos de Mexico (TMX), and CBS (CBS) — no doubt the WallStrip effect at work.

As I wrote in the pre-open comments, Cypress Bioscience (CYPB) was the stock du jour but there was no joy in Dummyville as the trade was a loser — with aggressive stop management a very small loser.

Nowhere day until lunch time when buyers stepped up a bit.

Notable New Lows: Newmont Mining (NEM), United Natural Foods (UNFI), Xinhua Finance Media (XFML) — the class-action lawyers strike, KongZhong (KONG), Net.B@nk (NTBK) — $0.36, and McClatchy (MNI).

Notable New Highs: Apple (AAPL), Research in Motion (RIMM), Penn National Gaming (PENN), and Viacom (VIA.B).

Sony (SNE) wasn’t really the stock du jour, but I thought the long-term chart was worth posting as the stock trades at a 52-week high. A classmate of mine in business school told me his PlayStation was better than cocaine which made an impression on me because, like Larry Kudlow, he was a reformed cokehead.

Good strong day of more or less continuous buying.

Notable New Highs: Amazon (AMZN), Ctrip (CTRP), Focus Media (FMCN), and lots of Energies.

Notable New Lows: Net.B@nk (NTBK) and Xinhua Finance Media (XFML), which got a negative write-up in Barron’s. The amusing thing there is that if you scratch the surface of practically any Chinese company, you want to run for your life.

Young QID, the UltraShort QQQ, goes to a new low ($46.99) on 31 million shares as old QQQQ goes to $47.01 — their prices have finally crossed, my friends!

Amazon was the stock du jour yet again, going to a 52-week high on around three times normal volume doing over 100,000 trades.

An hourly chart showing the “historic” QID - QQQQ Cross:

Positive day, buying all along, even into the last minute.

Notable New Lows: JDS Uniphase (JDSU) and Interactive Brokers (IBKR). Discovered another ETF from the lows list that I don’t have on my ETF master list: UltraShort Oil & Gas (DUG) — a ticker symbol I dig. The Bespoke guys should come out with an Energy-related ETF master list, like their other excellent ETF lists.

Notable New Highs: Energies, Metals, anything related to Brazil … aQuantive (AQNT) — Microsoft pays a stupidly high price, are those guys desperate or what? Big Blue (IBM), Mirant (MIR), and Nokia (NOK). The new highs list is very long.

Charles Schwab (SCHW) was the stock du jour. (We’ve held old Schwab for about a decade through boom and bust, thick and thin — one more thing for which I can blame my baldness.)

An absolutely nowhere day, perfectly directionless, one of those eerie pre-options expiration “pegging” exercises maybe?

Notable New Lows: Newmont Mining (NEM), JDS Uniphase (JDSU), Conexant Systems (CNXT), and Doral Financial (DRL) — I wouldn’t buy that for a dollar (closed at $1.00 exactly).

Notable New Highs: ENERGIES, Benjamin! Energy SPDR (XLE), Oil Services HOLDR (OIH), Transocean (RIG), Schlumberger (SLB) … also Boeing (BA), Crocs (CROX), and Ctrip (CTRP) — I hate myself for not buying Ctrip since we use the service constantly and I’ve recommended the stock far and wide since Day One — I don’t know what’s the matter with me, this inability to take my own advice on CTRP.

DUSA Pharmaceutical (DUSA) was the stock du jour. Probably everyone caught it and Dummies worldwide were filled with delight. I suspect that my lessons have generated tens of millions of dollars in profits for folks since I wrote them — let’s not talk about the losses, lol.

Buffett and Lampert were obviously forwarded the 15 Ideas letter since JNJ and C were both in there, or do great minds just think alike? ;-)

Choppy day until 1:30 PM (on the dot) when buyers showed up in force.

Notable New Lows: Starbucks (SBUX), Newmont Mining (NEM), and that sad sap Sirius Satellite Radio (SIRI) — $2.69 and falling.

Notable New Highs: Brazil (EWZ), Mexico (EWW), Pepsi (PEP), and American Express (AXP).

Compuware (CPWR) was the stock du jour but it traded down down down after the initial blast-off bar giving dummies no opportunity to lose money in it until the lunchtime lull — probably would have second thoughts about getting long by that time given the action.