"CCMP has no bounce so far for the day and seems like it wants to give up all of yesterday's gains! QLGC rather weak as well. Mosis seems to be like rat poison to some of these stocks(g)!" ---------------------------------------------------------------
MyHunch...
That is distribution, and could well be a sign that Greenspan is beginning to lose control here. Like yesterday, the induced rally is mostly affecting only those stocks that are direct targets, producing a very narrow rally as folks are taking advantage of the "rally" to dump.