28 March 2007


So the bulls get run over here as "FED" statements are "released"...small caps getting treated harshest with the IWM down 1.15%...my CROX puts actually about even..I guess we'll keep them for a little while...maybe up the ante a little.
Naz futures tick right into 1789 and bouncing here a little into 1794...breadth deteriorating 2029-743 and up/down about 4 to 1 red...
Now that we have a little breathing room let's hold out for 1780 or 1775...oil selling off a bit at $64.10 as profit taking on a draw down on stocks...look for that to reverse higher...jfg.

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