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