FuturesCom Investment Publications
Serving Global Traders Since 1979
 SP500 Bonds Forex Energies Metals..Softs..Grains..Livestock

Performance: Bi-Weekly Investment Outlook  
 8-16-1999

Balance Forward                                81,654.45
BW 8-15 POS     ENTRY   DATE    EXIT    DATE    RESULT
JYU     S       8723    16-Aug  9163    31-Aug  -5550
CTZ     L       5489    16-Aug  5265    9-Sep   -1170
BOZ     L       1703    16-Aug  1798    9-Sep   526
CD$     L       6762    16-Aug  6711    24-Aug  -560
HGZ     L       7780    16-Aug  7560    18-Aug  -600
PLV     L       345.9   16-Aug  353.5   18-Aug  330
KCZ     L       9750    16-Aug  8750    9-Sep   -3800
BDZ     L       114-25  17-Aug  115-06  24-Aug  356.25
LCV     S       6622    17-Aug  6562    19-Aug  190
COZ     L       972     17-Aug  961     19-Aug  -160
SX      L       464     16-Aug  482     17-Aug  850
SX      L       468     18-Aug  474 1/4 18-Aug  262.5
LHV     L       4307    18-Aug  4425    20-Aug  420
GCZ     L       262.1   18-Aug  257.8   31-Aug  -480
SX      L       469     18-Aug  481     19-Aug  550
WZ      L       487 3/4 18-Aug  284 1/2 26-Aug  -212.5
SIZ     L       526 .5  18-Aug  526     31-Aug  -75
BPU     L       1.6188  19-Aug  1.5884  26-Aug  -1950
SUV     L       610     19-Aug  603     25-Aug  -128.4
WZ      L       289 1/4 19-Aug  284 1/2 26-Aug  -287.5
SFU     S       6659    19-Aug  6640    23-Aug  187.5
HOV     S       5830    19-Aug  5690    25-Aug  538
HGZ     L       7515    19-Aug  7610    24-Aug  330
HGU     L       7525    20-Aug  7610    24-Aug  162.5
CDU     L       6673    23-Aug  6711    24-Aug  330
BPU     L       1.5938  24-Aug  1.609   31-Aug  900
CLV     L       2088    25-Aug  2162    30-Aug  690
CTZ     L       5127    26-Aug  5265    9-Sep   635
                                                                                                  -7,715.65
                             Balance to Carry   73,938.8 

Material Assumptions : Each trade is derived from FuturesCom's Bi-Weekly Investment Outlook 
and FuturesCom's Flashes and UpDates which pertain to the same. The slippage and fees are 
computed at $ 50.00 per round turn trade ,and charged upon exit. Prices are dervied from Entry 
and exits of Futures Contracts

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERANT LIMITATIONS., SOME OF WHICH ARE DESCRIBED 
BELOW. NO REPRESENTAION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR 
LOSSES SIMILAR TO THOSE SHOWN. IN FACT , THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN 
HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY 
PARTICULAR TRADING PROGRAM. ONE OF THE LIMITAIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT 
THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSITE. IN ADDITION, HYPOTHETICAL TRADING DOES 
NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE 
IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE THE ABILITY TO WITHSTAND LOSSES OR TO 
ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN 
ADVERSLY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKET 
IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY 
ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN 
ADVERSLY AFFECT ACTUAL TRADING RESULTS..