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The following covered writes are positions can be initiated.

still recommended.

Medivation Inc. j2 Global Communications, Inc. Mosaic Company Elan Corporation, plc - ADR Celgene Corporation Carrizo Oil & Gas, Inc.

(MDVN - $19.45) (JCOM - $33.65) (MOS - $40.39) (ELN - $19.91) (CELG - $60.38) (CRZO - $38.76)

The prices have been checked using quotes and new

Sell the December 20.00 calls Sell the December 35.00 calls Sell the December 40.00 calls Sell the January 20.00 calls Sell the January 60.00 calls Sell the January 40.00 calls

Expeditors Intl. of Washington, Inc.

Cisco Systems, Inc.

(EXPD - $45.31) (CSCO - $29.30)

Sell the January 45.00 calls Sell the January 30.00 calls

Recommendation Follow Up

Call Follow Up: No Call Followups Today

The following calls are no longer recommended: Nothing Today

Put Follow Up: No Put Followups Today

The following puts are no longer recommended: Nothing Today

The following Covered Writes are no longer recommended: None today

This report is for Internal Use Only and not for distribution to the public. While we make every effort to be free of errors in this report, it contains data obtained from other sources. We believe these sources to be reliable, but we cannot guarantee their accuracy. Investors who use options should read the Options Disclosure Document before making any particular investment decision. Officers or employees of this firm may now or in the future have a position in the stocks mentioned in this report. Dorsey, Wright is a Registered Investment Advisor with the U.S. Securities & Exchange Commission. Copies of Form ADV Part II are available upon request.

Copyright © 1995-2007 Dorsey, Wright & Associates, Inc. All quotes displayed are delayed 20 minutes Disclaimer/Terms of Use/Copyright

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