SPI Trading 29th January 2008 part 5

11:13

exitted last contract @ 5832 to be neutral...

I'll remain on the sidelines until afternoon.

Note: 'HOOK' day in US markets, sets up further rises this week (Full report later)

My interest on next long positions on SPI today would be an R44 Spiral low @ 5794.A bullish day should hopefully move upwards from this level into the close... (Risk trading longs below this level...11:50am)