Russell 3-22-07

After yesterday's explosive announcement, the market once again settled into a fairly narrow range, but with some early morning bearish movement attempting to reach yesterday afternoon's lows. It's starting to look like this will be the week of the ranging morning.

First trade at 6:42 short at 814.00 for +2.0. Second trade was at 7:07 long at 813.30 for -1.2.

Net for the morning: +0.8
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