Russell 2-15-07

After a very interesting day yesterday with afternoon action bringing us nearly back to the open yesterday, this morning opened to tight consolidation with little enthusiasum on either side.

First trade of the morning was a short breakout at 6:45 at 815.1 that had little follow up for +0.1. Second trade of the morning was a long reversal trade at 7:02 that I was a little late on at 815.1 for +0.4. Third trade of the morning was a short reversal trade at 7:25 at 815.50 and was exited (perhaps a little prematurely but with the chop it was a tough call) at -0.5.

Net on the morning: +0.0
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