TRACK  RECORD  OF  HK HSI  MARKET  ALERTS
 
                                     For Year  2002              updated Jan 8, 2003
 
   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
                                                                                          10,000
 
 
  Jan 4,   11620   Jan 4       11722      102      0.88     -131                0.88      10,088                                                                         0.878
                                                                     -1.12     -0.24       9,975                                                                         -1.12
  Jan 7    11853   Jan 7       11903       50      0.42      753                0.18      10,017                                                                         0.422
                                                                      6.33      6.51      10,651                                                                         6.326
  Jan 14   11150   Jan 14      11170       20      0.18      260                6.69      10,670                                                                         0.179
                                                                      2.33      9.02      10,918                                                                         2.328
  Jan 17   10910   Jan 18      10989       79      0.72      -63                9.74      10,997                                                                         0.724
                                                                     -0.57      9.17      10,934                                                                         -0.57
  Jan 21   11052   Jan 21      10985      -67     -0.61      235                8.56      10,868                                                                         -0.61
                                                                      2.14     10.70      11,101                                                                         2.139
  Jan 23   10750   Jan 24      10743       -7     -0.07      -32               10.63      11,093                                                                         -0.07
                                                                     -0.30     10.34      11,060                                                                          -0.3
  Jan 25   10775   Jan 25      10764      -11     -0.10      -43               10.23      11,049                                                                          -0.1
                                                                     -0.40      9.83      11,005                                                                          -0.4
  Jan 25   10807   Jan  28     10836       29      0.27      -24               10.10      11,034                                                                         0.268
                                                                     -0.22      9.88      11,010                                                                         -0.22
  Jan 29   10860   Jan 30      10816      -44     -0.41      -44                9.48      10,965                                                                         -0.41
                                                                     -0.41      9.07      10,921                                                                         -0.41
  Jan 31   10860   Jan 31      10920       60      0.55      190                9.62      10,981                                                                         0.552
                                                                      1.74     11.36      11,172                                                                          1.74
  Feb 4    10730   Feb 4       10771       41      0.38      185               11.74      11,215                                                                         0.382
                                                                      1.72     13.46      11,407                                                                         1.718
  Feb 5    10586   Feb 7       10503      -83     -0.78       53               12.68      11,318                                                                         -0.78
                                                                      0.50     13.18      11,375                                                                         0.505
  Feb 7    10450   Feb 7       10430      -20     -0.19     -190               12.99      11,353                                                                         -0.19
                                                                     -1.82     11.17      11,146                                                                         -1.82
  Feb 11   10620   Feb 15      10985      365      3.44      287               14.61      11,530                                                                         3.437
                                                                      2.61     17.22      11,831                                                                         2.613
  Feb 20   10698   Feb 20      10856      158      1.48      366               18.70      12,006                                                                         1.477
                                                                      3.37     22.07      12,410                                                                         3.371
  Feb 25   10490   Feb 26      10593      103      0.98       30               23.05      12,532                                                                         0.982
                                                                      0.28     23.33      12,568                                                                         0.283
  Feb 27   10563   Feb 27      10655       92      0.87      290               24.20      12,677                                                                         0.871
                                                                      2.72     26.92      13,022                                                                         2.722
  Feb 28   10365   Mar 11      11235      870      8.39       25               35.32      14,115                                                                         8.394
                                                                      0.22     35.54      14,147                                                                         0.223
  Mar 14   11210   Mar 15      11209       -1     -0.01       59               35.53      14,145                                                                         -0.01
                                                                      0.53     36.06      14,220                                                                         0.526
  Mar 18   11150   Mar 18      11170       20      0.18      340               36.24      14,245                                                                         0.179
                                                                      3.04     39.28      14,679                                                                         3.044
  Mar 21   10830   Mar 25      10813      -17     -0.16       11               39.12      14,656                                                                         -0.16
                                                                      0.10     39.23      14,671                                                                         0.102
  Mar 26   10802   Mar 28      11017      215      1.99      327               41.22      14,963                                                                          1.99
                                                                      2.97     44.18      15,407                                                                         2.968
  Apr 8    10690   Apr 9       10716       26      0.24       76               44.43      15,444                                                                         0.243
                                                                      0.71     45.14      15,554                                                                         0.709
  Apr 10   10640   Apr 11      10740      100      0.94      107               46.08      15,700                                                                          0.94
                                                                      1.00     47.07      15,856                                                                         0.996
  Apr 12   10633   Apr 18      11134      501      4.71      -58               51.79      16,604                                                                         4.712
                                                                     -0.52     51.26      16,517                                                                         -0.52
  Apr 23   11192   Apr 25      11375      183      1.64       15               52.90      16,787                                                                         1.635
                                                                      0.13     53.03      16,809                                                                         0.132
  Apr 29   11360   May 3       11782      422      3.71       87               56.75      17,434                                                                         3.715
                                                                      0.74     57.48      17,562                                                                         0.738
  May 7    11695   May 8       11845      150      1.28       45               58.77      17,788                                                                         1.283
                                                                      0.38     59.15      17,855                                                                          0.38
  May 8    11800   May 9       11830       30      0.25       80               59.40      17,901                                                                         0.254
                                                                      0.68     60.08      18,022                                                                         0.676
  May 13   11750   May 14      11720      -30     -0.26      -18               59.82      17,976                                                                         -0.26
                                                                     -0.15     59.67      17,948                                                                         -0.15
  May 15   11738   May 15      11791       53      0.45      -24               60.12      18,029                                                                         0.452
                                                                     -0.20     59.92      17,992                                                                          -0.2
  May 16   11815   May 21      11932      117      0.99      261               60.91      18,171                                                                          0.99
                                                                      2.19     63.09      18,568                                                                         2.187
  May 22   11728                                                               63.09      18,568
                                                                               63.09      18,568
  May 23   11614   May 24      11624      -47     -0.40       33               62.69      18,493                                                                          -0.4
                                                                      0.28     62.97      18,545                                                                         0.284
  May 27   11591   May 28      11594        3      0.03      244               63.00      18,550                                                                         0.026
                                                                      2.10     65.10      18,941                                                                         2.105
  Jun 3    11350   Jun 6       11363       13      0.11       78               65.22      18,962                                                                         0.115
                                                                      0.69     65.90      19,093                                                                         0.686
  Jun 10   11285   Jun 11      11224      -61     -0.54       64               65.36      18,989                                                                         -0.54
                                                                      0.57     65.93      19,098                                                                          0.57
  Jun 12   11160   Jun 13      11181       21      0.19      332               66.12      19,134                                                                         0.188
                                                                      2.97     69.09      19,702                                                                         2.969
  Jun 17   10849   Jun 18      10910       61      0.56       65               69.65      19,812                                                                         0.562
                                                                      0.60     70.25      19,930                                                                         0.596
  Jun 19   10845   Jun 19      10768      -77     -0.71      115               69.54      19,789                                                                         -0.71
                                                                      1.07     70.61      20,000                                                                         1.068
  Jun 20   10653   Jun 25      10608      -45     -0.42      280               70.19      19,916                                                                         -0.42
                                                                      2.64     72.82      20,441                                                                          2.64
  Jun 26   10328   Jun 28      10646      318      3.08      165               75.90      21,071                                                                         3.079
                                                                      1.55     77.45      21,397                                                                          1.55
  Jul 2    10481   Jul 8       10837      356      3.40      292               80.85      22,124                                                                         3.397
                                                                      2.69     83.54      22,720                                                                         2.694
  Jul 11   10545   Jul 15      10585       40      0.38      345               83.92      22,807                                                                         0.379
                                                                      3.26     87.18      23,550                                                                         3.259
  Jul 17   10240   Jul 18      10357      117      1.14      238               88.33      23,819                                                                         1.143
                                                                      2.30     90.62      24,366                                                                         2.298
  Jul 22   10119   Jul 24      10141       22      0.22      200               90.84      24,419                                                                         0.217
                                                                      1.97     92.81      24,901                                                                         1.972
  Jul 24    9941   Jul 25       9965       24      0.24      223               93.06      24,961                                                                         0.241
                                                                      2.24     95.29      25,520                                                                         2.238
  Jul 26    9742   Jul 30      10194      452      4.64      594               99.93      26,704                                                                          4.64
                                                                      5.83    105.76      28,260                                                                         5.827
  Aug 6     9600   Aug 7        9908      308      3.21       43              108.97      29,166                                                                         3.208
                                                                      0.43    109.40      29,293                                                                         0.434
  Aug 8     9865   Aug 9       10075      210      2.13      145              111.53      29,916                                                                         2.129
                                                                      1.44    112.97      30,347                                                                         1.439
  Aug 13    9930   Aug 14       9995       65      0.65      147              113.62      30,546                                                                         0.655
                                                                      1.47    115.10      30,995                                                                         1.471
  Aug 14    9848   Aug 16      10196      348      3.53       16              118.63      32,090                                                                         3.534
                                                                      0.16    118.79      32,141                                                                         0.157
  Aug 19   10180   Aug 20      10330      150      1.47      -58              120.26      32,614                                                                         1.473
                                                                     -0.56    119.70      32,431                                                                         -0.56
  Aug 21   10388   Aug 22      10422       34      0.33        5              120.03      32,537                                                                         0.327
                                                                      0.05    120.07      32,553                                                                         0.048
  Aug 22   10417   Aug 23      10378      -39     -0.37      140              119.70      32,431                                                                         -0.37
                                                                      1.35    121.05      32,868                                                                         1.349
  Aug 26   10238   Aug 26      10228      -10     -0.10       96              120.95      32,836                                                                          -0.1
                                                                      0.94    121.89      33,144                                                                         0.939
  Aug 28   10132   Aug 29      10000     -132     -1.30       26              120.59      32,713                                                                          -1.3
                                                                      0.26    120.85      32,798                                                                          0.26
  Aug 29    9974   Sept 2      10000       26      0.26      358              121.11      32,883                                                                         0.261
                                                                      3.58    124.69      34,060                                                                          3.58
  Sept 4    9642   Sept 5       9698       56      0.58       27              125.27      34,258                                                                         0.581
                                                                      0.28    125.55      34,354                                                                         0.278
  Sept 6    9671   Sept 9       9699       28      0.29      -12              125.84      34,453                                                                          0.29
                                                                     -0.12    125.71      34,410                                                                         -0.12
  Sept 9    9711   Sept 11      9860      149      1.53      260              127.25      34,938                                                                         1.534
                                                                      2.64    129.88      35,860                                                                         2.637
  Sept 17   9600   Sept 17      9708      108      1.13      235              131.01      36,263                                                                         1.125
                                                                      2.42    133.43      37,141                                                                         2.421
  Sept 18   9473   Sept 19      9417      -56     -0.59      181              132.84      36,921                                                                         -0.59
                                                                      1.92    134.76      37,631                                                                         1.922
  Sept 20   9236   Sept 24      9150      -86     -0.93      -27              133.83      37,281                                                                         -0.93
                                                                     -0.30    133.53      37,171                                                                          -0.3
  Sept 24   9177   Sept 25      9127      -50     -0.54        1              132.99      36,968                                                                         -0.54
                                                                      0.01    133.00      36,972                                                                         0.011
  Sept 25   9126   Sept 27      9289      163      1.79      307              134.79      37,633                                                                         1.786
                                                                      3.30    138.09      38,876                                                                         3.305
  Oct 4     8982   Oct 4        9024       42      0.47      129              138.56      39,058                                                                         0.468
                                                                      1.43    139.99      39,616                                                                          1.43
  Oct 7     8895   Oct 16       9495      600      6.75      -13              146.73      42,289                                                                         6.745
                                                                     -0.14    146.60      42,231                                                                         -0.14
  Oct 17    9508   Oct 17       9536       28      0.29      -47              146.89      42,355                                                                         0.294
                                                                     -0.49    146.40      42,146                                                                         -0.49
  Oct 23    9583   Oct 24       9762      179      1.87       64              148.27      42,934                                                                         1.868
                                                                      0.66    148.92      43,215                                                                         0.656
  Oct 25    9698   Oct 29       9809      111      1.14      225              150.07      43,710                                                                         1.145
                                                                      2.29    152.36      44,712                                                                         2.294
  Oct 30    9584   Oct 31       9574      -10     -0.10      119              152.26      44,666                                                                          -0.1
                                                                      1.24    153.50      45,221                                                                         1.243
  Nov 1     9455   Nov 5        9656      201      2.13        3              155.62      46,182                                                                         2.126
                                                                      0.03    155.66      46,197                                                                         0.031
  Nov 5     9653   Nov 6        9804      151      1.56      178              157.22      46,919                                                                         1.564
                                                                      1.82    159.03      47,771                                                                         1.816
  Nov 12    9626   Nov 12       9620       -6     -0.06       39              158.97      47,741                                                                         -0.06
                                                                      0.41    159.38      47,935                                                                         0.405
  Nov 13    9581   Nov 14       9759      178      1.86      -63              161.24      48,825                                                                         1.858
                                                                     -0.65    160.59      48,510                                                                         -0.65
  Nov 15    9822   Nov 18       9926      104      1.06      -59              161.65      49,024                                                                         1.059
                                                                     -0.59    161.05      48,732                                                                         -0.59
  Nov 20    9985   Nov 21      10021       36      0.36      -39              161.42      48,908                                                                         0.361
                                                                     -0.39    161.03      48,718                                                                         -0.39
  Nov 25   10060   Nov 26      10060        0      0.00      -43              161.03      48,718                                                                             0
                                                                     -0.43    160.60      48,510                                                                         -0.43
  Nov 29   10103   Dec 3       10232      129      1.28      255              161.88      49,129                                                                         1.277
                                                                      2.49    164.37      50,353                                                                         2.492
  Dec 5     9977   Dec 9        9855     -122     -1.22       37              163.14      49,738                                                                         -1.22
                                                                      0.38    163.52      49,924                                                                         0.375
  Dec 10    9818   Dec 11       9805      -13     -0.13      -15              163.39      49,858                                                                         -0.13
                                                                     -0.15    163.23      49,782                                                                         -0.15
  Dec 12    9820   Dec 12       9784      -36     -0.37      138              162.87      49,600                                                                         -0.37
                                                                      1.41    164.28      50,299                                                                          1.41
  Dec 16    9646   Dec 17       9738       92      0.95      253              165.23      50,779                                                                         0.954
                                                                      2.60    167.83      52,098                                                                         2.598
  Dec 19    9485   Dec 23       9555       70      0.74      312              168.57      52,483                                                                         0.738
                                                                      3.27    171.83      54,196                                                                         3.265
  Dec 30    9243   Jan 7, 03    9650      407      4.40                       176.24      56,583                                                                         4.403
 
                                                                                                                                                                             0
                                                                                                                                                                             0
 
                             Totals      8116     80.32    10086     95.91    176.24
 
 
                 Total Index Points Gained This Quarter    18202 Points
                 Total % Gained This Quarter :             176.2 %
 
                 Cumulative Index Points Gained This Yr    18202 Points
                 Total % Gained This Year :                  176 %