Jerry Samet
06-22-2011, 07:44 PM
The market was bouncing around unchanged today until the Fed announcement and press conference. Then it started selling off into the close and finished at the lows of the day. Volume was mixed, about flat on the NYSE and down on the Nasd. The leaders followed the market and closed down about in line with the major averages on lower and below average volume. The bounce doesn't appear to be lasting very long and it is hard to find much to get excited about. Jerry