Market Comment 04/16/07 - Intra-Day Update #2

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TradeStalker's
R.B.I. Trader's Update
04 / 16 / 2007
Intraday Update # 2
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Dateline: 1:48 eastern time, es7m= 1475 nq7m= 1846

Be careful on the long side up here. If there is a breakand hold below 1474.00-1473.75 area on the ES and 12701-12698 on the Dow must hold, otherwise we could be undergoing another 6.25-7.25 point drop, making that 1470.25-1469.75 area key support.

Good Trading,
Mike