Russell 4-18-07

The Russell gapped down modestly this morning but bears just couldn't get the gap filled. The market ranged back and forth below the open for the first half hour and only after that attempted to push higher.

First trade of the morning was long at 6:57 at 831.2 for -1.8. Second trade of the morning was long at 7:17 at 829.8 for +0.8. Third trade of the morning was short at 7:37 at 831.2 for -1.3.

Net for the morning: -2.3
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