Light Volume, Selling Bias Leaves Many on Market's Sidelines

Even the morning's green upticks weren't immune to the vagaries of light volume, which has become a tell-tale sign that investors are preparing for another fed funds rate hike.

Wall Street insiders have made it clear that they will stay parked behind the starting line until Greenspan gives the green flag. So, without any new economic data out today, what sparked this morning's pseudo rally?

Major Indices INDEX CHANGE % VALUE Dow -32.04 -0.3% 10,390.23 S&P 500 -9.49 -0.7% 1364.37 Nasdaq -108.66 -3.4% 3055.89 Russell 2000 -14.91 -3.3% 444.10 TSC Internet -41.32 -6.1% 717.12 NOTE CHANGE PRICE YIELD 10-Year Treasury -6/32 100 1/32 6.454%

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