Monday, May 14, 2007

Russell 5-14-07

The Russell had no gap this morning but promptly moved up to test Friday afternoon's highs. The bears couldn't sustain the push and the market broke down to retest Friday's lows.

First trade of the morning short at 6:52 at 831.80 for +2.4. Second trade of the morning long at 7:47 at 828.6 for +0.1.

Net on the morning +2.5

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