A Present...

As a Happy Holidays present Floyd, Terry, and Jenn would like to offer to all subscribers two bank stocks we think ready to soar over time in 2010.

Normally we would share this only with our Premium Blue Chip Subcribers, but here's our thinking:

We already own WFC (Wells Fargo and Co). Buy more. We don't own JPM (JP Morgan Chase and Co). Buy it now.

Take both positions, which we are buying at bottoms that could go lower and continue to buy to lows of 36.00 on JPM and 22.00 on WFC. When you've made buys if the market drops, or whether you have no need to, continue to add to these CORE positions, and have a 25% (or 20%) trailing stop loss, AFTER the second buy has been made.

These are great banks that will gain from TARP and come out fresh. Floyd's money is in them, and I'm ready to also begin playing puts and calls on both positions as 2010 begins.

Lastly, as an added bonus to all subscribers in "sharing", we're adding a new option recommendation. Coal is not doing well, and we think all bets are off on it. Being contrarian we'll play a long term Call on Arch Coal


Buy OSEAD ACI January 2011 20.00 Call. Pay under $5.00. Buy again at 3.00, range. Average costs and hold for at least 9 months. No stop loss