The stock market indices ended mixed, but it was a wild ride. They surged at the opening, reached declining topslines from the last several sessions, and then came down hard in a 5-wave decline to new lows for the entire decline, reaching the bottom of the channel on both the S&P 500 and Nasdaq 100. At that point, they rallied back in a multi-month surge that took the NDX from 2637 to 2676, nearly 40 points straight up. The S&P 500 ran a little more choppily, but went from 1403 to 1417, a 14-point gain. In the last half hour they came down hard, but bounced just before the close, and in the last 5 minutes they snapped back. Basically, they pulled back in the last half hour to finish mixed on the session. Net on the day, the Dow closed up 3.53 at 13,107.21, about 67 points off the low and 55 points off the high. The S&P 500 was down 1.03 at 1411.94, 8 points off the low and 6 points off the high, also midrange. The Nasdaq 100 was up 2.11 at 2655.83, 30 points off the low and 10 points off the high. It was a mixed session but technicals were lousy. Advance-declines were 17 to 12 negative on the New York Stock Exchange, and 14 to 10 negative on Nasdaq. Up/down volume was 2 1/2 to 1 negative on New York, with total volume of about 700 million shares. Nasdaq traded 1 3/4 billion shares and had a slight plurality of 9 to 8. TheTechTrader.com board actually had a strange day because Amazon Inc. (AMZN) jumped 15.32 to 238.24. Netflix, Inc. (NFLX) jumped 8.07 to 69.58 on rumors of a takeover, and International Business Machines Corp. (IBM) was up 1.68 to 193.27. But Apple Inc. (AAPL) lost 5.54 to 604.00 even, and Google Inc. (GOOG) was down 2.61 to 675.15. Other losers on our board included Constant Contact, Inc. (CTCT), down 5.10 to 11.93, or 30%, on 8 million shares. Immunogen Inc. (IMGN) gave back 2.31 to 11.47, or 17%, on 3.1 million shares, and VeriSign, Inc. (VRSN) dropped 7.21 to 39.39, or 7%, on 23 million shares. In addition, several junior biotech stocks didn’t fare well today. On the plus side, there were a lot of stocks on our board today. TASER International Inc. (TASR) jumped 1.68 to 8.07, or 26%, on 6 million shares, and was as high as 8.46 just before the close and profit taking set in. Applied Micro Circuits Corp. (AMCC) gained 1.19 to 5.73, or 26%, on 2.3 million shares. Stamps.com Inc. (STMP) did well today, up 4.40 to 26.20, or 20%, on nearly a million shares. Low-priced Pilgrim's Corp. (PPC) was up 75 cents to 5.32, or 16%, on 2.4 million shares. Calix Inc. (CALX) popped 94 cents to 6.84, or 16%, on 1.3 million shares. Expedia Inc. (EXPE) had a big day, up 7.81 to 59.06, or 15%, on 13 million shares. Varian Medical Systems Inc. (VAR) was up 8.83 to 66.93, or 15%, on 5 million shares, and Overstock.com Inc. (OSTK) ran 1.99 to 15.49, or 15%, and has been moving sharply of late. Cerner Corporation (CERN) gained 8.90 to 77.37, or 13%, on 4.6 million shares. Acxiom Corp (ACXM) popped 2.04 to 18.39, or 12 1/2%, on 1.5 million shares. Eastman Chemical Co. (EMN) was up 6.54 to 60.19, or 12%, on 7 million shares. Cloud Peak Energy Inc. (CLD) rose 2.21 to 21.20, or 12%, on 3.8 million shares. Other gainers of note on our board today included Acme Packet, Inc. (APKT), up 1.63 to 16.92, or 11%, on 4.8 million shares. Cabot Oil & Gas Corporation (COG) advanced 4.31 to 47.46, or 10%, on 7.1 million shares. PerkinElmer Inc. (PKI) gained 2.79 to 31.29, or 10%, on 2.7 million shares. In addition, Nationstar Mortgage Holdings Inc. (NSM) was up 2.11 to 34.23, and Sears Holdings Corporation (SHLD) advanced 3.77 to 66.69. Stepping back and reviewing the hourly chart patterns, the indices were up early, but then fell down hard into midday, or late afternoon, when they bottomed out. They rallied back to take back all of the losses, and then some, but pulled back into the close to close mixed on the session to finish the week out in funky fashion. Good Trading! Harry