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Kicking off 2007 Right - WaveStrength Trading Tactics for January 2, 2007


The charts once again indicate that it's time to go back to the well...

by Bryan Bottarelli

In our first WOW alert of the year (which will be released later this evening), Adam and I will kick off the 2007 trading year by playing call options on a stock that we found great success with in 2006, American International Group (AIG:NYSE).

As WOW members will soon see, the charts once again indicate that it's time to go back to the well -- with potential gains ranging from 59.52-138% on our latest recommendation. So stay tuned for our first pick of 2007 -- and let's kick off the year right!

In other news, the U.S. markets are closed today, but the overseas markets continued to shoot to the upside.

In Asia, benchmark indexes in Hong Kong, India and Taiwan also rose more than 1%.

At the same time, benchmark indexes in London, France and Germany also rose more than 1%, so globally speaking, it was a great first day of 2007.

Looking at commodities, February crude oil futures tacked on 25 cents to $61.30 a barrel and February gold futures advanced $3.80 to $641.80 an ounce, so we could be in for an across-the-board upside day come tomorrow.

So get ready for another exciting year of WaveStrength trading -- and we'll get it all started tomorrow.