Heard on the CME Floor
From our Virtual Trading Room Transcript
March 21, 2007
about 1214 PDT
Brad_Sullivan> hearing that LOTS of buystops
Brad_Sullivan> were triggered
Brad_Sullivan> throughout this move
Brad_Sullivan> on the institutional side
Brad_Sullivan> worth remembering
Brad_Sullivan> most RATE CUTS
Brad_Sullivan> are net bearish for the index markets
Brad_Sullivan> 6 months out
Brad_Sullivan> keep a close eye on 810.50 in ER2 M7
Brad_Sullivan> and 1440.50 in SP M7
Brad_Sullivan> if we keep drifting lower
