Take POT Profits!

Lock in Quick 35% Gainer

By Bryan Bottarelli
Wednesday, April 08, 2009 11:58 AM EDT
Wed, 8 Apr 2009 15:58:00 GMT

PLAY: Sell your POT April 80 Calls (PVZ DP) at or above $4.60, good for the day

Dear Bottarelli Research Member,

From the looks of today’s market, nobody has a clue as to the direction of the next major move. Therefore, we’re left in this choppy and inconsistent pattern of trading. As you can see from the Dow chart below, the bulls are making a feeble attempt to push higher, but it’s certainly nothing to write home about.

INDU

So in the meantime, we’ll continue to make quick-hit winners, which is exactly what we have with Potash Corp. of Saskatchewan (POT – NYSE).As you know, we entered the POT April 80 Calls (PVZ DP) for just under $3.60 per contract. And as I write, they’ve now hit a high of $4.90, good for a nice 36% gainer. Let’s lock in the profits now!

PLAY: Sell your POT April 80 Calls (PVZ DP) at or above $4.60, good for the day.

Congratulations on another nice winner. And as always…

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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