I’M LOOKING AT A MARKET
BEGINNING TO TRANSFORM

I’m looking at a market beginning to transform. Here’s why I think a positive change is on the horizon...

On Friday, April 18th, the S&P 500 Index finally broke above its 80-day moving average at 1,350 and it looks poised to move higher. That’s a good sign.

And the Chicago Board Options Exchange Volatility Index, the VIX, dropped back to the 20 level, which was its previous high in 2006. A lower VIX is a good sign, too.

And from a contrarian viewpoint, the level of investor sentiment (as measured by negative magazine covers, financial news articles, and market predictions) has reached an abysmally low level, which is bullish from a contrarian perspective.

Is the bottom near, and are better times in the stock market just ahead? It may still be too early to say for sure...but I see many signs of big gains ahead - and I urge you to take advantage of these opportunities.

Right now, I’d like to show you the kind of gains you could be making with my 3 secrets to profiting in today’s volatile market.

These Secrets Already Delivered 9 Big Winners in April...

• Crocs put made +194% GAINS
• AK Steel call made +156% GAINS
• AK Steel call made +140% GAINS
• Caterpillar call made +108% GAINS
• Denbury Resources call made +97% GAINS
• Netflix call made +89% GAINS
• BP Prudhoe Bay call made +68% GAINS
• CSX Corp. call made +57% GAINS
• Priceline.com call made +45% GAINS

...And Scored These 8 Big Winners in March:

• Google put made +188% GAINS
• Suntech Power Holdings put made +136% GAINS
• Yingli Green Energy put made +134% GAINS
• Foundry Networks put made +82% GAINS
• Express Scripts put made +74% GAINS
• NYMEX Holdings put made +63% GAINS
• Nucor call made +44% GAINS
• AK Steel put made +31% GAINS

These are actual trades made by my Schaeffer’s Leverage Series subscribers, who are using an in-the-money option- trading strategy to win big.

And today, I’d like to invite you to join them with a very special offer.

3 SECRETS TO PROFITING IN TODAY’S VOLATILE MARKET

Now I won’t kid you – you saw the big list of winning trades above. We’ve also had some losing trades along the way. That’s unavoidable in trading – don’t believe anyone who tells you otherwise. Like the -14% loss on our Autodesk April put, and the -32% loss on our Cognizant Technology May put.

But, our Leverage Series subscribers have made big gains using a trading strategy that minimizes their risk – a lot.

You see, the beauty of my Leverage Series is that all of our trade recommendations are conservative, in-the-money options.

You win with in-the-money options by closing big winning trades and keeping losing trades small.

This strategy works, and it works well. And it’s a really good compromise for the options trader who is not too aggressive, but wants to retain the advantages of the lower risk and theoretically unlimited profit potential of options.

Why in-the-money options?

• Less risk because of their intrinsic value.
  True, they cost more than speculative, out-of-the-money options, but they’re much less risky. And they cost much less than buying shares of the stock.

  For example, on March 18th, we recommended that Leverage Series subscribers buy priceline.com calls. Subscribers could’ve bought 1 priceline.com call contract (to control 100 shares) for $2,400. If they had bought 100 shares of priceline.com stock instead, it would have cost a whopping $11,712.

• More leverage for bigger gains.
  When the stock moves, the option can gain 4 to 10 TIMES MORE. Like our recent Caterpillar call. The stock gained +10.8%, but the option gained +108% - 10 times more!

Click here to join Leverage Series now and take advantage
of the leverage potential of options.

Only $195 gets you started on your way to higher profits. That’s a $600 savings on the first year and I’ll throw in a FREE second year!

But you must hurry! This offer EXPIRES TONIGHT at midnight!

TRADE CALLS ON RISING STOCKS

You can target big gains from rising stocks with call options. Instead of buying expensive shares of stock, you can buy calls on the stock for a fraction of the price.

When the stock rises, your call rises, too. And when you close out your trade, your gain can be much higher than the gain of the stock. That’s using the leverage of options to your advantage!

Like this big winner we closed out in April...

AK STEEL CALL MADE +156% GAINS

As of April 1, AK Steel (AKS) was an outstanding performer in the metals sector. In fact, the equity had gained 450% since January 2006.

And after a period of consolidation in February, AKS broke out in March and was headed higher.

INVESTORS WERE PESSIMISTIC

Despite the stock trading near its all-time highs, there was significant pessimism toward AKS. Short interest was up 22%, and we knew a short-covering rally could propel the shares even higher.

Three out of 5 analysts covering the stock rated it a "hold" or worse. We knew that future upgrades could push the stock higher as well.

Plus, more puts than calls were being traded on AKS, so speculative options traders were betting on a fall. And we believed that the speculative crowd had it wrong.

WE SAW A POTENTIAL WINNER

So on April 1, my traders and I recommended that Leverage Series subscribers buy the AK Steel April 15 call. AK Steel stock was trading at 55.50 that day.

AND WE NAILED A BIG ONE!

Just 17 days later, on expiration Friday, we closed out the AKS call for +156% gains! AK Steel was trading at 67.86 at the time.

And the leverage of options really spiced up the trade. AKS stock gained +22.2%, but the option gained +156% - that’s 7 TIMES MORE than the stock gained.

HOW TO TURN $2,740 INTO $7,014

Let’s look at it another way...if you bought 4 contracts of AK Steel calls on April 1, you would’ve paid $2,740.

When you closed out the trade on April 18, you would’ve collected $7,014, for a total gain of $4,274.

And just 17 days later, you’d be counting out an extra $4,274 in cold, hard cash. Now, wouldn’t you like to add some hot trades like that to your portfolio?

TRADE PUTS ON FALLING STOCKS

There are a lot of great benefits to trading options. But one of the best is that you can also make money when stocks are going DOWN rather than up.

Particularly when you see the contrarian set-up of strong investor optimism in the face of weak technical performance.

Buying a put is a secret weapon that options traders use to profit in a down market. A put offers a unique way to trade downward volatility successfully.

You buy a put contract when you expect the stock to drop, and when it does, the put contract increases in value. You sell your puts and pocket the gains!

Plus, you don’t have to worry about expensive margin calls with put buying like you do when you short stocks.

So we can play volatility successfully in any direction, with a relevant mix of puts and calls.

For example, in March, when the market was dropping like a stone, nearly all of our winning trades were puts. The market made some nice triple-digit leaps in April, so most of our April winning trades were calls.

Join Leverage Series today for just $195, plus 12 months FREE.

With Leverage Series, we recommend option trades that expire in one or two months. We’re usually in and out of our Leverage Series trades in a matter of weeks.

The shorter time frame allows you to collect your profits FAST. Plus, you don’t have to tie up your trading capital by holding trades for a long time.

As long as the trade moves in the right direction, we’ll let profits run and close the trade out on expiration Friday.

If you bought several option contracts, you can close out partial positions along the way to lock in early profits.

And if the trade reverses, as it sometimes does, we’ll recommend that you close the trade out early and cut your losses short. Just look at how FAST subscribers collected their gains on some of these recent trades:

• Crocs put made +194% GAINS in 22 days
• AK Steel call made +156% GAINS in 17 days
• AK Steel call made +140% GAINS in 29 days
• Caterpillar call made +108% GAINS in 37 days
• Denbury Resources call made +97% GAINS in 25 days
• Netflix call made +89% GAINS in 41 days
• BP Prudhoe Bay call made +68% GAINS in 29 days
• CSX Corp. call made +57% GAINS in 25 days
• Priceline.com call made +45% GAINS in 31 days

Act now to take advantage of market volatility today!

Save $600 and get 12 months of trading ABSOLUTELY FREE!
Pay only $195 and get started today.

TRUST MY 30 YEARS OF INVESTING EXPERTISE

With my Leverage Series, your subscription is backed by my amazing reputation for profiting well from market timing.

• Since 1984, I’ve been tracked by Timer Digest. My market timing has consistently been ranked among the top 10 out of more than 100 analysts.
• I was invited to be one of 5 esteemed market panelists for USA TODAY's 8th Annual "Investment Roundtable." My stock picks had an average gain of +59% for the year.
• I'm also a 3-time Wall Street Journal Stock Picking Contest Winner.
• I received the prestigious Traders’ Library 2004 Trader’s Hall of Fame Award, given each year to an individual who has made significant contributions to the field of trading.
• Aaron Task of TheStreet.com named me Guru of the Year in 2003 and has called my opinions on the market "insightful," "interesting" and "imaginative."
• I’m also a CNBC Market Maven and regularly appear on CNN, The Nightly Business Report, Bloomberg Television and Fox News Channel. And my views on the stock market and the economy are regularly quoted in The Wall Street Journal, The New York Times, BusinessWeek, Investor’s Business Daily, and USA Today.

Here’s your chance to put our experience to work
for your portfolio! Join Leverage Series today.

SAVE $600 PLUS 12 MONTHS FREE

Until midnight TONIGHT, you can join my Leverage Series for 1 year for only $195! That’s a $600 savings off the regular price of $795!

Plus, join now and you’ll also get an extra YEAR of trades absolutely FREE!

That’s 24 full months of hot, in-the-money option trades – a $1,590 value - and you pay only $195!

At this price, you can make back the cost of your subscription AND add profits to your portfolio with just one winning trade. Every winner after that goes straight to the bottom line.

So, join Leverage Series today and put in-the-money options to work for you.

THIS CUSTOMER IS CERTAINLY GLAD HE FOUND US:

"Boy am I glad I found you guys. Your information is first rate and I am making money on your option recommendations. Please keep up the good work."
- R. Gerber, California

AND THIS CUSTOMER SAYS WE’RE WELL WORTH THE MONEY:

"I have been a subscriber of Schaeffer's Alert Services and Bulletin Services since 1998. This is by far the best service you can get for the money spent. The best part of Schaeffer's services is that they have the Alert services for every trading style."
- A. Panjwani, Illinois

Join Leverage Series now and discover how to pile
up the wins in your portfolio – fast!

You can also call 1-800-448-2080 between 8:30 a.m. and 8:00 p.m. ET for more information. We’re keeping our phone lines open longer to serve you better!

But, you must hurry - this special offer ends TONIGHT at midnight.

Sincerely yours,

Bernie Schaeffer
Chairman & CEO
Schaeffer's Investment Research
5151 Pfeiffer Road, Suite 250
Cincinnati, Ohio 45242
service@sir-inc.com
www.SchaeffersResearch.com
1-800-448-2080 International 1-513-589-3800