Russell 3-8-07

The premarket on the Dow indicated overnight buying strength, and the Russell opened up about 9 points higher than yesterday's close. Although some early morning buying interest came in, it was unsustained and we quickly fell into a very low volume and choppy morning.

First trade of the morning was at 6:31 long reversal at 789.90 for +0.2. Second trade of the morning was at 6:47 short reversal at 789.70 for -1.2. Third trade of the morning was a short reversal at 7:32 at 791.50 for -0.6.

Net for the morning: -1.6
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