Russell 3-27-07

This morning started off with a strong open and the Russell was off 4 points within the first 30 minutes. Since then, the market has been consolidating and will probably make another move later this afternoon and I wouldn't be surprised if price moves back to the open.

Unfortunately, the largest move of the morning was not a valid signal (since it started its move yesterday afternoon. Too bad, but sometimes that happens. First trade of the morning was at 7:17 long reversal at 809.50 for -1.3

Net for the morning: -1.3
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