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DOV UHS EMR POSITION UPDATES 12-19-08

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MCM DECEMBER POSITIONS TO MONITOR DURING THIS FINAL DAY BEFORE EXPIRATION.

DOV UHS EMR

DOV - Be sure to lower STOP from original recommendation to at least 20% above the currently traded DOV 30 CALL asking price. The Close last night was $0.90 - $1.15 - you should at least lower the original STOP to $1.40. If stock opens lower adjust your STOP on the DOV 30 Call according. You don't want the stock to open down and then try and rally any higher than its< close from yesterday. If you decide to hold the stock to he close be sure to close out DEC 30 Call if DOV stock is trading above 30 right at the close. If you can not monitor the position put in a MARKET AT CLOSE ORDER to be sure you are out of the DOV DEC 30 at the close if you are not going to be able to monitor this position up to the close.

UHS - Be sure to lower STOP from original recommendation to at least 20% above the currently traded UHS DEC 35 CALL asking price. The Close last night was $1.36 - $1.65 - you should at least lower the original STOP to $1.95 If stock opens lower adjust your STOP lower on the UHS 35 Call according. You don't want the stock to open down and then try and rally any higher than its close from yesterday. If you decide to hold the stock to he close be sure to close out UHS DEC 35 Call if UHS stock is trading above 35 right at the close. If you can not monitor the position put in a MARKET AT CLOSE ORDER to be sure you are out of the UHS DEC 35 at the close if you are not going to be able to monitor this position up to the close.

EMR - Be sure to lower STOP from original recommendation to at least 20% above the currently traded UHS DEC 35 CALL asking price. The Close last night was $0.45 - $0.65 - you should at least lower the original STOP to $0.90. If stock opens lower adjust your STOP lower on the EMR 35 Call according. You don't want the stock to open down and then try and rally any higher than its close from yesterday. If you decide to hold the stock to he close be sure to close out EMR DEC 35 Call if UHS stock is trading above 35 right at the close. If you can not monitor the position put in a MARKET AT CLOSE ORDER to be sure you are out of the EMR DEC 35 at the close if you are not going to be able to monitor this position up to the close.

OVERVIEW

The Futures Market indicates a slight downward opening and early indications point to a soft opening in each of these issues. If that is the case please take advantage of that soft opening with the above advice. If we get the soft opening and it does not follow through, at least you will be able to close out your position if you are STOPPED OUT for a lower price then yesterday, if you are' montioring and can lower your STOPS as the issues drop accordingly. Of course, if the issues turn around and do not continue to drop, you will be STOPPED out at a smaller loss than the original STOP and also close out the hort position and have no open short position at the close.

Remember if any of these issue close below their SHORT STRIKE PRICE. You NEED DO NOTHING BUT REMEMBER any issue that appears to be closing over the strike needs to be closed out or STOCK will be called away from you, that you do not own and you will be forced to go to the market and buy it. We don't want you to do that.

In addition, besure to monitor any of the other positions to be sure they don't surprise you and end up in the money with some big move to the upside. Keep an eye on WY and VZ out of the corner of your eye, just to be safe. They should be alright. TDS, PNC and COF should expire with no problem.

You can also just monitor each of these positions up to the close and close them out before close if they do not drop below the SHORT STRIKE PRICE. This is your choice

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