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[Dex]

Stocks Rebound, But Volume Falls BY VINCENT MAO Posted 3/6/2007 Watch today's Markets Desk video. 5 p.m. ET Update: The major stock indexes rebounded some Tuesday, but on lower volume. According to preliminary data, the small-cap S&P 600 led with a 2.1% gain. The Nasdaq jumped 1.9% and the S&P 500 charged up 1.6%. Advancers beat decliners by more than 5-to-1 on the NYSE and nearly 5-to-1 on the Nasdaq. A move of Tuesday's magnitude can signal a market bottom. But Tuesday was not such a follow-through day for two reasons. First, a follow-through rally confirmation must occur on the fourth day of a rally attempt or later. Tuesday was just the first day. Second, volume must be heavier than the prior session. Volume apparently was lower across the board. Specialty steel, foreign banks and machinery groups were the day's top performers. IntercontinentalExchange (ICE) headed higher after it bounced off its 50-day moving average Monday. Shares gained 5.32 to 142.43 on double normal trade. The derivatives exchange operator was featured in Tuesday's Daily Stock Analysis. Corrections Corp. Of America (CXW) climbed 2.07 to 51.77 on heavy trade, ending a six-session slide. Mutual fund ownership of the prison operator has jumped to 139 funds from 97 three quarters ago. Stratasys (SSYS) finished at an all-time closing high as shares gapped up 2.19 to 39.55 on slightly higher trade. On the downside, Amerisafe (AMSF) finished off session lows but still slipped 0.63 to 17 on more than double normal trade. The stock found support at its 50-day line.

[da_cheif]

ibd and everybody else according to the pc ratios.