This performance report is meant to show potential of all the picks from our Swing Trading Letter, not actual trading. This data does not include costs, dividends or any other known or unknown variables which may or may not have impacted the trades.

Swing Trading History for February 2007 INITIAL RESULTS SECONDARY RESULTS EntryDate Type Stock Enter Action Target Stop Initial Exit Exit Date Exit Points % Exit Exit Date Exit Points % 1-Feb ST LEAP 66.12 Long 67.40 64.56 67.40 1-Feb 1.28 1.94% -- -- -- -- 6-Feb ST HYSL 42.94 Long 43.80 41.85 41.85 9-Feb (1.09) -2.54% -- -- -- -- 6-Feb ST CECO 29.01 Long 29.59 28.46 29.59 15-Feb 0.58 2.00% -- -- -- -- 13-Feb ST KOMG 32.49 Short 31.84 33.41 32.49 15-Feb 0.00 0.00% -- -- -- -- 15-Feb ST JBHT 26.76 Long 27.30 26.13 27.30 20-Feb 0.54 2.02% -- -- -- -- 20-Feb ST ESRX 78.01 Long 79.57 76.39 79.57 22-Feb 1.56 2.00% -- -- -- -- 22-Feb ST WEBX 48.05 Long 49.01 46.82 46.82 23-Feb (1.23) -2.56% -- -- -- -- 22-Feb ST SHLD 189.40 Long 193.19 185.24 185.24 26-Feb (4.46) -2.20% -- -- -- -- . February Total: (2.52) 0.66% February Total: -- -- . YTD Total: (6.59) -10.99% YTD Total: -- --                             P - Pending

The performance results noted above are hypothetical. Unlike an actual performance record, hypothetical results do not represent actual trading. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. Since trades have not actually been executed, results may vary due to market factors such as lack of liquidity, slippage and commissions. Some performance stats listed may be approximations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown above.