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 April 2007 EntryDate Type Stock Enter Action Target Stop Exit Exit Date Exit Points % 13-Mar LT COGN 40.35 Short 37.69 40.35 43.01 3-Apr 0.00 0.00% 3-Apr LT MNST 47.99 Short 42.97 53.01 42.97 4-Apr 5.02 10.46% . April Total: 5.02 10.46% . YTD Total: 3.96 18.00%                             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.