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Friday, March 23, 2007

Possible Adjustment of SPX Credit Spread

We are seeing some buoyancy in the market, which is not forcing an adjustment to the bear call spread but just making for a mild level of anxiety. Our adjustment trigger is in place and, given the opportunity, a put spread can be sold to enhance the credit for this trade. What we are waiting to see is whether the market loses upward momentum here.

Also, Karen Guerra, Larry McMillan's assistant, got back in touch with me. She and Larry have "sweetened the deal" for my readers. You may recall that we were offered a pretty good discount on a live seminar with Larry McMillan. Well, they are also throwing in Larry's $599 DVD home study course at no charge. All the details are here:

Larry McMillan Seminar Discount


Or, just call them at (800) 724-1817 and tell them you're a member of TheOptionClub.com.

Good trading!

Christopher Smith
TheOptionClub.com

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