Take NDAQ Profits!

But Only Sell Half

By Bryan Bottarelli
Friday, April 13, 2007 12:21 PM EDT
Fri, 13 Apr 2007 16:21:00 GMT

Dear Bottarelli Research Member,

Now this is the upside move I’ve been waiting for!

As I write, shares of NASDAQ Stock Market (NDAQ – NASDAQ) are absolutely blasting higher — trading up over $2.12 as I write. In yesterday’s alert, I wrote “Maintain your NDAQ June 30 Calls (NQD FF), and if you have yet to own this position, enter it today.”

If you followed this instruction and entered these calls yesterday, you’re showing a tremendous 71% overnight gain. At the same time, anyone who has maintained the position (and added to it following past alerts) is showing an equally impressive 41% gain. So here’s what I’d like to do: Take HALF of your profits off the table.

Like I mentioned earlier today, NDAQ could really move higher here — but let’s at least lock in some of our great gains today. The best way to lock in gains and participate in further upside is by selling half of your position — so let’s do that now!

PLAY: Sell HALF of your NDAQ June 30 Calls (NQD FF) at or above $2.90, good for the day. Maintain the second half of the position for more gains.

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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