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Wednesday, November 05, 2008

The Day After

I tried to get back into some foreign market exposure yesterday, however I set my entry points too low and the market just had too much upward momentum. Today is another day and I will keep with my current strategy moving forward. This includes the following:

*Long on the FXI and ADRE at respective entry points

*Shorting the Dow via the DXD

*Selling covered calls on my position within RIO which will lower my cost basis on this stock

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