Altria's Kraft Spin-off finalized

It's finally set: Altria will spin off Kraft on Mar 30th

Meanwhile, I have been raising more cash (by selling a bit of TTH, MCHP, and JNJ) and sticking to a hedged position. I know this doesn't look very smart with the last two day's rallying going on, but the technicals rarely lie, and they are saying that drop awhile back 'ain't no blip.'

I do think oils are due for better action, so I picked up Total SA, which, contrary to Yahoo Finance, actually pays around a 4% yield, before foreign taxes.

Eaton Vance Tax Advantaged Global Dividend Opportunities Fund (ETO) got away from me before I could get it, and I am not chasing it now. If it pulls back I would reconsider another try. Also, I found a couple more ETFs that take a 'dividend growth' approach. The expense ratios are much lower than ETO, although the expected dividend isn't as rich (because these aren't leveraged). They are Wisdom Tree Mid Cap Dividend and Small Cap Dividend. I was troubled by the prospectus initially because it was not clear on the frequency of dividend distributions, so I asked. They replied that domestic funds are quarterly, foreign is annual. The funds have a short history, but they claim to match their dividend growth index in yield and performance. The index yields are in the 3.75-4.0% range.