02 March 2007

The Friday Fuzz

U.S. equity futures getting smacked again with initial blame being pointed at some FED person who said something...yea right...didn't expect another lower opening and I expect that the premarket lows here at 1733 may be the low print of the day...on the other hand I expect 1755-1760 to hold back any bounce...therefore a tighter range trade today.
So I'll be buying any tests towards 1730 and fading spikes into 1760 with a bias toward a late afternoon slide into the close...nothing too dramatic though...see you and raise...jfg.

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