A brief macro take on the COMPX: After an intra-week low for the week of April 15th...the COMPX ran up nicely to intra-week 2215. Since then, the COMPX has been in a clearly defined trading range...with 2,005 on the lower end of thr range and 2215 the upper end. Last Friday the COMPX closed at 2198, near the upper end of the tradoing range. It would be prudent to wait for the range to break up and out, or down. Meantime, we have a nice trading market. Lee
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