The tech sector ended a see-saw day in the red despite of positive news from Cisco. The networking-equipment giant launched a new initiative on the data-center technology market. Losses came from Apple, Microsoft and others. Intel fell 3% after upgrade. We expect more volatility this options expiration week. The QQQQ's implied volatility continues to slide. This fact clearly indicates that the current pullback is poised to be short-lived.1:30 am ET NASDAQ Futures: +8.00 1160.25
