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Output Window (Continues monitoring) :
Set a break point inside the foreach loop
Right click the break point and select 'Actions'
In the text box, enter the following: $FUNCTION {list.Items.IndexOf(item)} where 'list' is the name of your list and 'item' is the current item
Continue running the code and watch the output window
Immediate Window (Monitor as needed):
list.Items.IndexOf(item)