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Late morning drop sent NASD thru 2154 support on NASD, but it has rebounded to hold that level, moving laterally last 1.5 hrs @ that level. SP500 held above 1200 support, bouncing modestly as well. Stocks have not recovered positive territory but showing same order of strength (SP500, DJ30 -0.2%, -0.1%; NASD -0.3%, SP600 & 400 -0.6%, -0.7%). Volume remains light (940M NASD, 526M NYSE); A/D -1.5:1 NYSE, -1.4:1 NASD. Trying to set up an intraday consolidation, but leaving that up to the afternoon session as thus far buying attempts met by sellers.
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