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 2008 Entry Date Stock Enter Action Target Stop Exit Exit Date Notes 10/30/08 BRCM 17.83 Long 19.22 16.34 16.34 11/06/08 stopped 11/03/08 LPNT 24.37 Long 26.03 22.74 22.74 11/06/08 stopped 10/31/08 SIGM 10.76 Long 11.08 10.45 11.08 10/31/08 PROFIT 10/24/08 THOR 24.98 Short 23.76 26.51 20.71 10/27/08 PROFIT 10/23/08 SLAB 23.24 Short 21.44 25.05 21.44 10/23/08 PROFIT 10/23/08 ONXX 26.87 Short 25.14 29.06 25.14 10/23/08 PROFIT 10/09/08 MCRS 20.24 Short 19.26 21.59 21.59 10/13/08 stopped 10/06/08 PLCE 30.99 Short 28.65 33.78 33.78 10/07/08 stopped 10/03/08 NTRI 16.99 Short 16.16 17.88 17.88 10/03/08 stopped 09/29/08 CPHD 13.99 Short 13.13 14.96 14.96 10/01/08 stopped 09/25/08 MHGC 12.49 Short 11.88 13.15 11.88 09/29/08 PROFIT 09/26/08 CENX 35.19 Short 33.01 37.14 33.01 09/26/08 PROFIT 09/15/08 GNTX 16.76 Long 17.44 15.95 17.44 09/22/08 PROFIT 09/17/08 SINA 37.55 Short 35.55 39.51 35.55 09/17/08 PROFIT 09/11/08 LPNT 32.85 Short 31.22 35.06 31.22 09/16/08 PROFIT 09/08/08 CTXS 28.05 Short 26.88 31.01 26.8 09/10/08 PROFIT 09/05/08 CELG 68.15 Short 65.15 71.22 65.15 09/05/08 PROFIT 08/28/08 FORM 18.99 Short 18.12 19.77 19.77 09/02/08 stopped 08/13/08 EXPE 18.99 Short 18.12 20.03 18.12 08/26/08 PROFIT 08/18/08 VCLK 13.36 Short 12.79 14.01 12.79 08/21/08 PROFIT 08/04/08 APH 46.60 Short 43.97 50.08 50.08 08/08/08 stopped 08/01/08 UTIW 17.99 Short 17.12 18.87 17.12 08/04/08 PROFIT 07/28/08 MFE 32.70 Short 31.11 34.26 34.26 07/31/08 stopped 07/25/08 MHP 38.46 Short 36.77 39.82 39.82 07/29/08 stopped 07/21/08 JRCC 39.99 Short 36.92 43.55 36.92 07/23/03 PROFIT 07/18/08 JOYG 71.99 Short 68.77 75.61 68.77 07/22/08 PROFIT 06/25/08 VPRT 25.97 Short 23.88 28.27 28.27 07/17/08 stopped 07/16/08 FWLT 60.40 Short 58.99 62.58 58.99 07/16/08 PROFIT 07/03/08 NITE 17.39 Short 15.89 19.01 15.89 07/15/08 PROFIT 07/09/08 PRGO 34.51 Long 36.33 32.28 36.33 07/14/08 PROFIT 07/07/08 ENER 67.65 Long 69.70 65.58 65.58 07/07/08 stopped 06/24/08 SIGM 15.33 Short 14.36 16.08 14.36 06/30/08 PROFIT 06/27/08 CERN 46.11 Short 45.12 48.74 48.74 06/30/08 PROFIT 06/09/08 CIEN 27.68 Short 26.14 28.98 26.14 06/17/08 PROFIT 06/06/08 FFIV 31.61 Long 33.49 29.24 29.24 06/12/08 stopped 05/30/08 CPHD 26.26 Long 28.45 23.60 23.60 06/11/08 stopped 05/30/08 ADCT 15.26 Long 15.87 14.49 15.87 06/02/08 PROFIT 05/21/08 ROST 34.30 Short 32.20 36.02 36.01 05/22/08 stopped 05/12/08 INTU 26.78 Short 25.10 28.46 28.46 05/21/08 stopped 05/16/08 MCHP 38.01 Long 39.98 36.32 36.32 05/21/08 stopped 05/14/08 PETM 24.26 Long 25.88 22.80 22.80 05/20/08 stopped 04/30/08 CASY 22.46 Long 23.57 21.15 23.57 05/16/08 PROFIT 05/06/08 CIEN 31.87 Short 30.12 34.51 34.51 05/14/08 stopped 05/02/08 SNDK 29.12 Long 31.42 26.04 31.42 05/14/08 PROFIT 04/28/08 ENER 33.16 Long 34.90 31.06 34.90 05/06/08 PROFIT 04/28/08 QSFT 13.94 Long 14.37 13.27 13.27 05/06/08 stopped 04/21/08 SBAC 32.01 Long 33.72 29.99 33.72 05/01/08 PROFIT 04/04/08 NFLX 36.61 Long 39.49 33.87 39.49 04/18/08 PROFIT 04/17/08 BRCM 21.86 Long 23.15 20.44 23.15 04/18/08 PROFIT 03/24/08 ITRI 95.32 Long 95.32 87.00 99.99 04/07/08 PROFIT 04/04/08 CENX 69.67 Long 71.90 67.33 71.90 04/07/08 PROFIT 03/14/08 QLGC 15.51 Long 16.89 14.84 15.51 03/20/08 exit break even 03/17/08 CTSH 26.92 Short 25.77 28.71 25.77 03/17/08 PROFIT 03/04/08 SMTC 13.38 Long 14.88 13.38 13.38 03/13/08 exit break even 03/10/08 PPDI 43.99 Short 41.75 46.71 40.96 03/13/08 PROFIT 03/03/08 PEEN 45.62 Short 43.44 48.13 43.43 03/03/08 stopped 02/27/08 LINTA 15.24 Short 16.06 14.64 16.06 02/29/08 PROFIT 02/25/08 FWLT 77.81 Long 79.44 71.31 79.44 02/25/08 PROFIT 02/15/08 ABAX 29.60 Long 30.88 28.77 28.77 02/15/08 stopped 02/11/08 SBIB 10.08 Short 9.24 10.08 10.08 02/12/08 exit break even 01/23/08 THOR 16.74 Short 14.33 16.74 16.74 02/02/08 exit break even 01/27/08 ICON 18.79 Short 16.19 21.15 21.15 02/01/08 Stopped Out 01/16/08 LIFC 40.99 Short 38.35 44.01 38.35 01/22/08 PROFIT 01/14/08 OMCL 26.39 Short 23.40 28.37 28.37 01/11/08 stopped 01/09/08 BEAV 44.51 Short 41.91 48.48 41.91 01/11/08 PROFIT                             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.