TRACK RECORD OF S&P MARKET ALERTS For Year 2003 updated Jan 31, 2004 Buy Index Sell Index Points % Gain Points % Gain Cumulat. Cumulative Date Value Date Value Gained for Gained for Gain % Investment Gain for Buying for Selling Buying Selling Investment sum = US$10,000 10000 Dec 30, 874 Jan 3, 20 906 32 3.66 -9 3.66 10,366 3.661 -0.99 2.67 10,263 -0.99 Jan 7 915 Jan 7 925 10 1.09 -2 3.76 10,375 1.093 -0.22 3.54 10,353 -0.22 Jan 7 927 Jan 8 917 -10 -1.08 1 2.47 10,241 -1.08 0.11 2.57 10,252 0.109 Jan 9 916 Jan 13 924 8 0.87 -5 3.45 10,342 0.873 -0.54 2.91 10,286 -0.54 Jan 14 929 Jan 16 917 -12 -1.29 21 1.62 10,153 -1.29 2.24 3.85 10,380 2.236 Jan 21 906 3.85 10,380 0 3.85 10,380 0 Jan 23 887 Jan 24 871 -26 -2.84 39 1.01 10,085 -2.84 4.48 5.48 10,536 4.478 Feb 10 832 Feb 11 836 4 0.48 16 5.96 10,587 0.481 1.91 7.88 10,790 1.914 Feb 14 820 Feb 14 817 -3 -0.37 -23 7.51 10,750 -0.37 -2.82 4.70 10,448 -2.82 Feb 18 840 Feb 19 847 7 0.83 2 5.53 10,535 0.833 0.24 5.77 10,559 0.236 Feb 21 845 Feb 25 828 -17 -2.01 -3 3.76 10,347 -2.01 -0.36 3.39 10,310 -0.36 Feb 27 839 3.39 10,310 0 3.39 10,310 0 Mar 5 823 Mar 6 825 -6 -0.72 16 2.67 10,235 -0.72 1.94 4.61 10,434 1.939 Mar 11 809 Mar 17 831 37.5 4.64 -21 9.25 10,917 4.635 Mar 18 862 -0.61 8.64 10,851 -0.61 Mar 20 867 Mar 24 895 28 3.23 46 11.87 11,202 3.23 2.57 14.44 11,202 Mar 25 872 Mar 26 871 -1 -0.11 -7 14.33 11,202 0.34 14.67 11,202 Mar 27 868 Mar 31 853 -15 -1.73 -27 12.94 11,202 0.47 12.34 11,254 0.469 Apr 1 849 Apr 3 878 29 3.42 0 15.75 11,639 3.416 0.00 15.75 11,639 0 Apr 4 878 Apr 7 897 19 2.16 17 17.92 11,890 2.164 1.90 19.81 12,116 1.895 Apr 8 880 Apr 9 877 -3 -0.34 10 19.47 12,074 -0.34 1.14 20.61 12,212 1.14 Apr 10 867 Apr 11 868 1 0.12 -2 20.73 12,226 0.115 -0.23 20.50 12,198 -0.23 Apr 14 870 Apr 16 888 18 2.07 1 22.57 12,450 2.069 0.11 22.68 12,464 0.113 Apr 17 887 Apr 23 915 28 3.16 14 25.84 12,858 3.157 1.53 27.37 13,055 1.53 Apr 28 901 Apr 30 913 12 1.33 -7 28.70 13,228 1.332 -0.77 27.93 13,127 -0.77 May 2 920 May 7 930 10 1.09 7 29.02 13,270 1.087 0.75 29.77 13,370 0.753 May 9 923 May 12,13 937 14 1.52 -7 31.29 13,572 1.517 -0.75 30.54 13,471 -0.75 May 15 944 May 19 937 -7 -0.74 14 29.80 13,371 -0.74 1.49 31.29 13,571 1.494 May 20 923 May 23 929 6 0.65 -4 31.94 13,659 0.65 -0.43 31.51 13,600 -0.43 May 23 933 May 27 931 -2 -0.21 -20 31.30 13,571 -0.21 -2.15 29.15 13,280 -2.15 May 28 951 May 29 950 -1 -0.11 -5 29.05 13,266 -0.11 -0.53 28.52 13,196 -0.53 May 30 955 June 3 968 13 1.36 -11 29.88 13,375 1.361 -1.14 28.74 13,223 -1.14 June 4 979 June 4 981 2 0.20 -9 28.95 13,251 0.204 -0.92 28.03 13,129 -0.92 June 6 990 June 6 995 5 0.51 14 28.54 13,195 0.505 1.41 29.94 13,381 1.407 June 10 981 June 11 988 7 0.71 -11 30.66 13,476 0.714 -1.11 29.54 13,326 -1.11 June 12 999 June 13 990 -9 -0.90 0 28.64 13,206 -0.9 0.00 28.64 13,206 0 June 16 990 June 17 1012 22 2.22 2 30.86 13,500 2.222 0.20 31.06 13,526 0.198 June 19 1010 31.06 13,526 June 24 982 31.06 13,526 0 June 26 977 31.06 13,526 July 2 970 31.06 13,526 0 July 4 991 6 0.63 -2 31.70 13,612 0.635 -0.20 31.49 13,585 -0.2 July 7 993 July 8 1004 11 1.11 9 32.60 13,735 1.108 0.90 33.50 13,858 0.896 July 11 995 July 15 1004 9 0.90 18 34.40 13,984 0.905 1.79 36.20 14,234 1.793 July 18 986 July 23 980 -6 -0.61 -8 35.59 14,148 -0.61 -0.82 34.77 14,032 -0.82 July 23 988 July 28 995 7 0.71 3 35.48 14,132 0.709 0.30 35.78 14,174 0.302 July 31 992 Aug 1 987 -5 -0.50 14 35.28 14,103 -0.5 1.37 36.65 14,296 1.368 Aug 1,6 973.5 Aug 7 965 -8.5 -0.87 -4 35.77 14,171 -0.87 -0.41 35.36 14,112 -0.41 Aug 7 969 Aug 8 975 6 0.62 -9 35.98 14,200 0.619 -0.92 35.05 14,069 -0.92 Aug 12 984 Aug 13 985 1 0.10 -3 35.16 14,083 0.102 -0.30 34.85 14,040 -0.3 Aug 14 988 Aug 18 1000 12 1.21 4 36.07 14,211 1.215 0.40 36.47 14,267 0.4 Aug 26 996 Sep 3 1026 30 3.01 8 39.48 14,697 3.012 0.78 40.26 14,812 0.78 Sep 12 1018 Sep 22 1033 15 1.47 7 41.73 15,030 1.473 0.68 42.41 15,132 0.678 Sep 23 1026 42.41 15,132 0 Sep 25 1013 42.41 15,132 0 Sep 29 997 Oct 8 1035 23 2.31 -9 44.72 15,481 2.307 -0.87 43.85 15,346 -0.87 Oct 13 1044 Oct 17 1043 -1 -0.10 15 43.75 15,332 -0.1 1.44 45.19 15,552 1.438 Oct 24 1028 Nov 3 1058 30 2.92 11 48.11 16,006 2.918 1.04 49.15 16,172 1.04 Nov 5 1047 Nov 7 1058 11 1.05 11 50.20 16,342 1.051 1.04 51.24 16,512 1.04 Nov 11 1047 Nov 14 1056 9 0.86 12 52.10 16,654 0.86 1.14 53.23 16,843 1.136 Nov 17 1044 Nov 18 1043 -1 -0.10 9 53.14 16,827 -0.1 0.86 54.00 16,972 0.863 Nov 21 1034 Dec 2 1068 34 3.29 8 57.29 17,531 3.288 0.75 58.04 17,662 0.749 Dec 10 1060 Dec 15 1078 18 1.70 1 59.73 17,962 1.698 0.09 59.83 17,978 0.093 Dec 17 1077 Dec 23 1096 19 1.76 -3 61.59 18,296 1.764 -0.27 61.32 18,245 -0.27 Dec 29 1099 Dec 30 1108 9 0.82 -4 62.14 18,395 0.819 -0.36 61.78 18,328 -0.36 Jan 2, 1112 Jan 6 1121 9 0.81 -4 62.59 18,477 0.809 -0.36 62.23 18,411 -0.36 Jan 12 1125 Jan 13 1122 -3 -0.27 -2 61.96 18,362 -0.27 -0.18 61.78 18,329 -0.18 Jan 14 1124 61.78 18,329 Totals 436 46 129 17.15 62.86 Total Index Points Gained This Quarter : 564 Points Total % Gained This Quarter : 63 % Cumulative Index Points Gained This Yr : 564 Points Total % Gained This Year : 63 % Performance of last transaction when marked to market: Total Index Points Gained : 7 Points Total % Gained : 0.6 % 18,443 0.623