SIMSCI 10-JUL-2006

Well, that's really too bad for France to lose in penalty. Alright, back to business. As expected, SIMSCI again gapped down during open, but it is moving up now after opening low. Nikkei is losing more than -200 points. On news front, Nippon market is expecting rate hike in Japan this week. There should be some actions on SIMSCI futures today, though I have not see a clear direction now. And of course, action can only be after my breakfast. Today's objective: Trade with quality, not quantity.