Russell 2-26-07

Overnight activity on the markets pushed the Russell up, gapping up to Friday's open before quickly losing bullish interest. The market reversed and moved back toward's Friday's lows on strong bearish activity.

First trade of the morning was long reversal at 6:30 a.m. at 831.7 for -1.6. Second trade of the morning was short reversal at 6:49 a.m. at 829.00 for +2.8.

Net on the morning: +1.2
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