Dear Reader,

Here at the Daily Reckoning, we eschew all those new-fangled
stock-picking systems and complicated charting wave-strength monkey
gibberish... we don't understand them, and quite frankly, they bore
us to tears. 

So we leave that stuff to the nerds upstairs, and uncork another
bottle of red plonk... 

But having said that, there's one man who grabs our attention. He's
spent so much time developing his system, plowing through books on
heaven knows what, creating candle sticks and wax work charts and
other graphic cartography nonsense, that he probably could have made
it as a professional paint dryer! 

He's got all the credentials too: experience in the COMEX pits, a
famous Dad, and simply the most impressive track record we've ever
seen! Check this out... 

He hasn't had a losing trade since November 2003. And in the last 12
months, he's had 17 triple digit winners... 

His last three trades weren't so good... he recommended puts on
Barrick gold on July 27, and only made 46.67%, then the following
week's trade � calls on Coca-Cola � again, only made 46.67%! His
August 8 trade was a disaster � puts on a Lehman bond fund returned
7.27%.

We just scrolled through his entire track record, and, quite frankly, 
it's mind-boggling. Don't ask us how he does it... we don't know.
Instead, we suggest you ask him yourself... 

Regards,

Tom Dyson
The Daily Reckoning     

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

The 100% Profits Pledge...  

"If AT LEAST 12 of My Recommendations Don't Gain 100% or More In Your 
First Year, We'll Refund Your Entire Subscription Cost"

-- Steve Sarnoff, Editor Options Hotline   

Dear Reader, 

When my publisher told me they're guaranteeing you the opportunity
for at least 12 100% winners this year or your money back, I said
they were nuts.  

But then I looked back at my 2004 track record so far...  and the
tables turned. 

You see, starting January 1, 2004, I've issued 14 trades...  and 13
were winners. 

In fact, nine of my 14 recommendations at least doubled in value,
including: 

General Motors March $50 Puts -- 277% 
Alcoa March $35 Puts -- 100% 
IBM March $95 Puts -- 230% 
Harley-Davidson May $55 Calls -- 175% 
J.P. Morgan Chase June $40 Puts -- 259% 
iShares Lehman 20-Year Treasury Bonds June $90 Puts -- 336% 
Mandalay Resort Group May $60 Puts -- 378% 
Yahoo! June $55 Puts -- 167%

If you broaden the time-frame, the guarantee makes even more sense. 

In 2000, I had 13 trades that at least doubled in value. 
In 2001, I had 16 trades that multiplied. 
In 2002, I had another 13 triple-digit winners. 
In 2003, I had 12 trades that more than doubled.  

When you think about it, that's a trade each month that multiplies in 
value.. for the last five years! 

Based on this success, I'm prepared to offer you the most
extraordinary deal in the history of my options newsletter service: 

If at least 12 of my recommendations don't gain 100% or more in your
first year, we'll refund your entire subscription cost. No haggling.
No questions asked. Just a full refund. 

Even if you've never traded an option before, you can still benefit
from this offer. If you've ever traded a stock, I guarantee you the
opportunity to make big bucks this year trading options with me. All
it takes is three minutes a week. 

Before telling you about my recent success, I'd like to share a
little secret with you...  

The Longest-Standing Options Newsletter in the Country 

This year marks Options Hotline's 15th anniversary -- making us the
longest-standing options newsletter in the country. 

For the last 15 years, my father and I have been proudly helping
everyday folks like you make 175%...  259%...  277%...  even 377% by
committing no more than three minutes of their time each week. 

When the service started, our goal was to help busy traders
consistently rack up the best gains in their trading careers. Fifteen 
years later, I'm proud to say that we're still living up to that
lofty goal. 

Thus far in 2004, only one trade I've issued hasn't gained any money. 
Even more remarkable -- eight of my 15 trades this year have at least 
doubled in value. 

That's why I'm guaranteeing you the opportunity at 12 100% winners in 
your first year -- to act as a way of sharing our tremendous success
with you on our 15th anniversary. 

How ONE E-mail a Week and 3 Minutes Each Monday Morning Could Make
You $182,750 This Year 

There's no mystery how my system work...  

Every week, I scour the market for one outstanding opportunity -- and 
issue a recommendation each Sunday evening. On four out of five
occasions (lifetime 81% success rate) those trades move higher. 

You read that right. Over the 15 years we've been recommending
options, 81% of the time subscribers were able to see my
recommendations reach new highs...  often in a matter of days. 

Better yet, roughly two out of every five picks go on to produce
triple-digit gains. 

In fact, subscribers who get these e-mails have had an opportunity to 
pocket up to $955,250 in cash over the past four and a half years. 

No Shortage of Triple-Digit Winners 

Of the 42 executable trades in calendar year 2003, only four were
losers. Of the 38 remaining trades, 21 could have netted investors
double-digit gains...  while 11 more went on to produce potential
gains well into the triple digits. 

Like Glamis Gold did this past November, when investors had an
opportunity to pocket as much as 180% gains in three weeks...  

.. or Bank of America (as much as 260% gains in two weeks)...  
.. or Placer Dome (141% gains in just over three months)... 
.. or AngloGold (529% gains in two months)...  
.. or Sony Corp. (419% gains in under two months)...  
.. or Coca-Cola (153% gains in five weeks)... 
.. or Qualcomm (508% gains in four months)... 
.. or Albertson's (205% gains in three months)... 
.. or Harrah's Entertainment (335% gains in two months)...  
.. or General Electric (393% gains in one month)...  
.. or Blockbuster (141% gains in five weeks)...  

30 Picks -- 27 of Them Winners! 

In addition to this, as I write you today, all but three of my last
30 trades has produced the potential for profits ranging from 6% in
one day to the over 508% in four months with General Motors. 

Now, I know all this might seem like just a jumble of numbers on
paper...  

But when you consider that a mere $5,000 investment in each
recommendation could have earned you up to $182,750 in profits in
2003 alone -- these numbers take on a new and exciting meaning...  

And 2003 wasn't even our best year! 

In 2002, you could have made up to $192,950! 

In 2001, you could have made up to $206,000! 

Perhaps you think you're too busy earning a living to trade options.
But what's truly remarkable is how easy the whole process is. You
just...  

1) Check your e-mail (or fax) Sunday evening and review the half-page 
recommendation. 

2) Wake up Monday morning and place the trade online or with your
broker. 

3) Wait for the profits to come. 

The 3 Most Profitable Minutes of Your Week...  

This could be a life-changing opportunity for you and your future
wealth. In a moment I'll tell you why and how so many of the
recommended trades went off like clockwork -- and were able to
produce the kinds of gains I've told you about. 

But first, allow me to introduce you to the gentleman who has made
such a valuable difference in the lives of so many workaday investors 
like me and you. 

Trading Alongside a Bona-Fide Options Genius 

He is my father, the late Paul Sarnoff. If that name rings a bell,
it's for good reason. Paul Sarnoff was a legendary options expert on
Wall Street for 40 years. In fact, you may have read about him or
seen him on the financial channels from time to time. 

A true pioneer in this field, he offered the very first options
trading classes to ordinary investors back in the 1950s. At his very
first session, 22 people paid $25 to listen to his advice. 

Five weeks later, those who applied his advice were $50,000 richer.
Word got out fast, and his next session drew 200 people, including a
man my dad befriended named Billy Rose. Rose was a rich man who
wanted to become richer. And that he did. Using options and Paul
Sarnoff's advice, his portfolio mushroomed from $8 million to $45
million over a four-year period. 

Billy Rose credited my dad for much of his success...  and quickly a
moneymaking legend was born. Over the next half century, I watched as 
my father made millions of dollars for thousands of people to whom he 
offered his recommendations and taught his secrets...  including
subscribers to his private options advisory service he would later
create, called Options Hotline. 

So what does all this have to do with getting you richer? 

Plenty...  

Options Trading Is "In Our Blood" 

Some 30 years ago, my dad took me under his wing so I could properly
learn the art of trading options. For the first decade, I mostly
watched and listened, soaking up everything he taught me. In time, I
began tinkering with my own unique technical charting system that
focused more on patterns than fundamental analysis. 

You see, fundamental analysis has little to do with trading. How many 
times have you seen a company report great earnings...  in line with
estimates...  only to watch the stock sell off? 

Although times have changed, my method continues to accurately
predict the markets better than ever. Building on the foundation of
knowledge my father provided, I combined his knowledge with my own
proprietary analytical techniques. 

And in a very short time, I had honed the system to the point where
it was exceeding even his father's phenomenal success. For a few
glorious years, my father and I worked side by side until he passed
away in 1999, after a very good life, at the age of 80. It was always 
his wish for me to carry on his good work -- an honor and privilege
that I'm grateful for each day. 

In fact, many of my colleagues believe it's my commitment to my
father's legacy that has helped make Options Hotline one of the most
prophetic and successful options newsletters in the world today. 

Consider the success we've enjoyed since I began running the service
on my own five years ago: 

Beginning in late 1999, the eight triggered recommendations went on
to average per-trade gains -- winners and losers included -- as high
as 218%...  

In 2000: 34 of our triggered recommendations, averaged per-trade
gains as high as 99%...  

In 2001: Our 47 executed recommendations, averaged per-trade gains as 
high as 88%...  

In 2002: Our 41 triggered recommendations averaged per-trade gains as 
high as 103%...  

In 2003: 42 of our triggered recommendations, averaged per-trade
gains of 87%... 

59 -- Count 'Em -- 59 Triple-Digit Gainers! 

That means since 1999, anyone who followed Options Hotline had an
opportunity to double their money every time out. This during a time
when the Dow only gained a measly 2%...  and the Nasdaq fell 27%. 

Along the way we managed to rattle off no less than 59 triple-digit
gainers -- with gains as high as 1,202% in a matter of weeks! 

With a track record like that, I'm comfortable guaranteeing you an
opportunity at 12 triple-digit winners. But what I'm even more proud
of is the fact that in my four and half years at the helm of Options
Hotline, I've never had more than three losing trades in a row... 
yet I've managed to string together impressive winning streaks well
into the double digits -- like our streak of 28 winners (with only
one loser) between late April and October 2003. 

Despite this phenomenal success, I wish to remain humble. After all,
much of the credit for Options Hotline's success belongs to my
father. It was he who taught me how to benefit from every trading
experience -- and laid the foundation from which to develop his
unique and highly successful strategy. 

But I'll never forget the first and most important lesson I learned
from my father about wealth building: Options are the best -- perhaps 
the only -- way to get very rich very quickly. 

Why? It's all because of 'Superleverage'...  by far the most powerful 
wealth-building tool there is. Why is it called Superleverage?
Because it lets you earn huge, unlimited profits...  yet your risk is 
always known and limited to whatever you can afford. 

Let me explain...  Click here to learn more! 

http://www.agora-inc.com/reports/OHL/gains812/



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because you or someone using your e-mail address subscribed to this service.

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To manage your e-mail subscription, use our web interface at:
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To cancel or for any other subscription issues, write us at:
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*******
Nothing in this e-mail should be considered personalized investment advice.
Although our employees may answer your general customer service questions,
they are not licensed under securities laws to address your particular
investment situation.  No communication by our employees to you should be
deemed as personalized investment advice.

We expressly forbid our writers from having a financial interest in any
security recommended to our readers. All of our employees and agents must
wait 24 hours after on-line publication or 72 hours after the mailing of
printed-only publication prior to following an initial recommendation.
Any investments recommended in this letter should be made only after
consulting with your investment advisor and only after reviewing the
prospectus or financial statements of the company.


[Non-text portions of this message have been removed]



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