Take QID Profits!

Lock in Quick Gainer

By Bryan Bottarelli
Wednesday, October 08, 2008 1:48 PM EDT
Wed, 8 Oct 2008 17:48:00 GMT

PLAY: Sell the QID October 75 Puts (DYM VW) at or above $8.70, good for the day.

Dear Bottarelli Research Member,

Make gains, take gains.

That’s the name of the game right now.

And that’s exactly what I want you to do with your UltraShort QQQ ProShares (QID – AMEX) position.As you know, we entered the QID October 75 Puts (DYM VW) earlier today for $7.60. After some moments of tremendous volatility, these puts have now traded as high as $9.20, good for another quick 21% gainer. Therefore, let’s lock in these profits now!

PLAY: Sell your QID October 75 Puts (DYM VW) at or above $8.70, good for the day.

Congrats on yet another strong winner!

And at the same time, maintain your UYG November 13 Calls (UUF KO).

And as always…

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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