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Well, yeah, now I’m missing every single one of those EWZ puts. I thought I’d get cute, so yesterday I dumped 40% of them in the hope of a bounce, but, umm, it’s a REALLY good pattern, and this bad boy just keeps plunging. Viva Brazil!
Before I talk about my positions as such, I’d like to point out that the Dow 30 fund, DIA, has slipped under its breakout gap. Thus, we have a failed bullish breakout, albeit a modest one.
