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Friday, July 27, 2007

July 28 Trades Update

What a week it has been for the US market. I have to close some ER2 positions to free up some margin & take some losses. Its a good reminder to respect the market. It a good reminder to stick to the "rules" of one's strategy. I will be watching the market closely next week & may need to take additional actions. On the Japan side, the N223 calls have decline with the index's huge drop in my favour. I will be looking to close the call options next week going along with the "rules".

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