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Tuesday, August 21, 2007

Clear for Launch

Clear for Launch
Sold my last remaining shares of the Cramer recommended, stock-of-the-year, NYSE Euronext (NYX) for $73.20. Despite unbelievable volumes, both here and in Europe, the stock plummets. Now that I am clear, I am sure that it will become buoyant once again. Feel free to buy and ride.

With a half-hour of trading left, let me guess that FCX and it's faster, better looking brother PCU, will rip upward, as this has been the pattern. Word on the street is that there are so many call options out to September that FCX is guaranteed to rise. Anything below $80, gets bought by yours truly with my newly freed NYX proceeds.

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