Action Alert: ABX Blasting Off!

Lock in 90% Profits

By Bryan Bottarelli
Friday, January 23, 2009 12:11 PM EST
Fri, 23 Jan 2009 17:11:00 GMT

PLAY: Sell your ABX January 2010 40 Calls (WRX AH) at market, good for the day.

Dear Bottarelli Research Member,

The global economic fears that are now crippling the markets are forcing investors to rush back into gold. As a result, shares of Barrick Gold (ABX – NYSE) are blasting higher today. See this beautiful breakout below:

ABX

Because of this move, the ABX January 2010 40 Calls (WRX AH) that we entered for $5.25 have traded as high as $10.00 today, good for a powerful 90.48% gainer. Let’s go ahead and lock in these profits now!

PLAY: Sell your ABX January 2010 40 Calls (WRX AH) at market, good for the day.

Going forward, if gold stocks dip back down, we’ll enter calls once again. But until then, congrats on your profits!

Sincerely,

Bryan Bottarelli
Editor, Bottarelli Research

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