GS Speculative Alert

Special “Take Profits” Trade

By Bryan Bottarelli
Tuesday, October 31, 2006 9:59 AM EST
Tue, 31 Oct 2006 14:59:00 GMT

Dear Bottarelli Research Member,

Let’s keep the profit train rolling!

As you know, we’re currently holding speculative calls on Goldman Sachs Group (GS – NYSE) targeting an upside move to $200 a share. To play this move, we own the GS November 200 Calls (GPY KT) at an average entry price of $1.23. Currently these calls traded as high as $1.40, putting the entire position in the black. But I received a few notes from speculative Charter Members that only bought the secondary recommendation when we added to these calls at $0.80. If that was you, then I’d recommend that you lock in your gains now!

SPECULATIVE PLAY: Sell your GS November 200 Calls (GPY KT) at or above $1.30, good for the day.

**Remember, this recommendation is only for those speculators who bought the secondary position only. If you bough the original position and then added onto it (making your average entry price around $1.23) then your instruction is to hold the entire trade for more gains.

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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