The stock market indices were choppy all day. They opened strong, retested the highs, couldn't get through, tried again, but still couldn't get through 1130 on the S&P 500, which now has formed a 2-day triple-top there, and pulled back in the morning.They tested support but held, and then bounced but without much thrust. In the last half hour they rolled over pretty hard into the negative column, but just slightly.
Net on the day the Dow was down 1.67 at 10,545.41, the S&P 500 down 1.59 at 1126.19, and the Nasdaq 100 down 6.16 at 1872.02.
Advance-declines were negative by less than 70 issues on New York and by 19 issues on Nasdaq. Up/down volume was about 3 to 2 negative on New York on very light total volume of about 600 million. Nasdaq traded about 1.1 billion and had about 6 to 5 negative volume ratio.
TheTechTrader board was mostly lower with a few gainers. The star of the day was low-priced China BAK Battery (CBAK), up 1.41 to 3.64, or 63 percent today.
Green Plains Renewable (GPRE) up 53 cents to 15.50, tagging 16 at one point, a new 52-week high. SmartHeat (HEAT) snapped back 24 cents to 14.60, and Nanometrics (NANO) moved up 19 cents to 11.92, but got as high as 12.45 earlier. Portfolio position Sourcefire (FIRE) gained 23 cents to 27.34.
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