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Wednesday, June 20, 2007

Jun 20 Trades Update

Opened additional ACH covered call positions last night. Today, I got filled on additional N225 Aug 20000 calls at 30 pts & Sep 21000 calls at 25 pts. Looks like the US market is heading upwards tonight due to lower bond yield & "Home Depot" announcement of $22.5 Billion share buy back which bodes well for the Wall Street. This might mean that Asian markets are likely to go up as well tommorrow if Wall Street follow through & closes positive. We shall see.

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