Bi-Weekly Performance
9-12-99 to 9-24-99
Balance forward
92866.35 BW 9-12 Pos Entry Date Exit Date Result BPZ L 1.615 13-Sep 1.6226 16-Sep 425 SPZ L 1361.5 13-Sep 1345 17-Sep -4175 HGZ L 8215 13-Sep 8340 15-Sep 262.5 COZ L 942 13-Sep 968 22-Sep 110 SFZ L 6556 13-Sep 6585 16-Sep 312.5 LCV L 6767 13-Sep 6602 23-Sep -710 BDZ L 113-02 14-Sep 114-00 17-Sep 887.5 LHV L 4172 14-Sep 4330 15-Sep 580 LHV L 4132 14-Sep 4330 15-Sep 740.00 SX L 507 14-Sep 480 1/2 22-Sep -1375 CTZ L 5285 14-Sep 5312 17-Sep 85.00 BOZ L 1796 14-Sep 1729 17-Sep -452 HUX L 6635 14-Sep 6720 15-Sep 307 HOX S 6165 14-Sep 6050 15-Sep 410 COZ L 974 14-Sep 968 22-Sep -110 LHV S 4432 15-Sep 4330 15-Sep 360 BOZ L 1738 15-Sep 1715 17-Sep -188 SMZ L 148.9 15-Sep 149.3 4-Oct -10 WZ L 284 15-Sep 275 1/2 17-Sep -475 SPZ L 1322 16-Sep 1345 17-Sep 5700 GCZ L 256.1 17-Sep 260.1 21-Sep 340 SFZ L 6553 17-Sep 6590 21-Sep 537.5 SPZ L 1351.5 17-Sep 1281 29-Sep -17675 CZ L 209.5 20-Sep 209 1/2 23-Sep -50 SUV L 691 17-Sep 675 22-Sep -229.2 BPZ L 1.6316 21-Sep 1.6384 22-Sep 375 SIZ L 528 21-Sep 527 23-Sep -100 GCZ L 265.5 22-Sep 264.2 23-Sep -180 HUX S 6909 23-Sep 6865 23-Sep 134.8 BDZ L 114-14 23-Sep 115-07 24-Sep 731.25 -13431.15 79435.2 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..