Who Rules The Roost?

So "better" than expected housing starts buoy the bulls in a futures spike just a few ticks over yesterday's highs...now we know what these pre-opening spikes can lead to...so we stick with our bias, with a little tweaking, for a quick drop into an adjusted 1765-1768 for a buy to return to the 1780-1785 range...I wouldn't stick around for the FMOC fireworks...unless you want to scalp around the outer edges...careful though...jfg.