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December 10th, 2007

Bought TSX Group (X:TSE) at C$ 54.92

Bought X.TO @ $54.92, stop loss @ $ 52.50, risk per unit $2.45 (4.5%)

Reason for entry: I have been watching this stock for over 10 days now and today it finally gave me the opportunity to get in. The stock has reached C$ 53.50 this morning on news that it will buy the Montreal Stock Exchange.

TORONTO (Reuters) - TSX Group Inc, operator of the Toronto Stock Exchange, will buy Montreal Exchange Inc for C$1.3 billion to create a dominant Canadian stock and derivatives group that will seek growth in the United States, the companies said on Monday.

Fundamentals - The TFG Score for this stock is 82 of 90, which is very high. Please see the following:

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Technicals

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This entry was posted on Monday, December 10th, 2007 at 2:09 pm and is filed under trades. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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