30 March 2007

Choppy, Choppy

Internals bullish but not excitedly so...economic numbers all over the board this morning...so lots of conflicting information...oil stuck in limbo at $66 awaiting any headlines...I'm still expecting a push higher as sellers step out of the way but if they offer them down into the 1785 pivot I'd be an aggressive buyer there as the risk/reward looks good with a stop around 1780 and profit goals up towards 1800...probably going to close shop if we don't see 1805 or 1785 in the next hour...jfg.

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