Mobile App Index: 74.46 +14.1% WE 12/2/11

From a new index low to the largest weekly percentage gain -- if that doesn't describe stock market volatility then I don't know what does.  Compared to the DJI +7%, Nasdaq +7.58%, and S&P500 +7.38% it either doubled or very nearly doubled their performance this week. NCTY, with no discernable news to its' credit, set a record for the stocks in the index this week with a 57.72% gain -- I'm asking the question "Why did this happen?"  On the one hand, it is fair to say that this is a very strong bounce for the index, but on the other hand, I don't see reasons for NCTY's gain holding next week.  I predict that it will not go up 14% or more next week -- I think that's a safe guess.

Winners: NCTY +57.72%, GLUU +38.38%, COOL +17.11%, COBR +11.67%

Losers: AUGT (5.71%), VELT (0.14%)

Comparison: DJI +7%, Nasdaq +7.58%, S&P500 +7.38%, EEM +10.16%, FONE +6.71%