Global Bull Market: SPECIAL ALERT

Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world.

Millicom International (MICC) soared 4.7% yesterday and over 8.5% in the last three trading days. The stock is now up almost a whopping 39% since we recommended it in late August. With the options up 370%, take profits on half of your remaining options. After today’s sale, we will retain 1/8 of the MICC options that we originally bought. Millicom is trading at just over $55, and our price target remains in the $58-$60 range, so let’s sit tight on the stock for now. Tighten your stop to $50.25.

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Saddled with a reputation for political violence and fiscal mismanagement, the Philippines is the chronic underachiever of otherwise booming Asia. And worse for investors, its stock market has been a perennial under performer compared with its sexier Asian counterparts. But in 2006, the Philippine stock market is sizzling, with share prices trading near their highest levels in nine years. The benchmark index has risen over 30% since the beginning of the year, making it one of the best performers

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