Monday, April 16, 2007

Russell 4-16-07

The Russell opened 5 points higher than Friday's close and showed modest bullish activity this morning for the first half-hour. The bears tried to close the gap around 7:00 but just couldn't get back to the day's open. The market continued to move up from that point on.

First trade of the morning was a short at 6:56 at 831.80 for -0.4.

Net for the morning: -0.4
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