Tuesday, May 15, 2007

Russell 5-15-07


The Russell pushed lower to yesterday's low early this morning and then bounced back strongly around 10:00 EST driving new highs to 830.00. This was a strong market for momentum trading.

First trade of the morning was long at 7:01 at 823.00 for +5.6. Second trade of the morning was short at 7:37 at 828.50 for +1.5.

Net on the morning was +7.1

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