CHVMC08 index down 64% for 2008 - only 2 of 61 stocks showed gains for the year. PRICE CHANGE FROM CLOSING PRICE ON 20071231 <pre><b> ADY 16% CSKI 14% TBV -16% HQS -19% CBEH -20% SGZH -23% FUQI -24% CNEH -28% SKBI -32% CHBT -33% CIWT -43% ABAT -43% SUTR -45% KONG -45% CFSG -47% EESC -53% JST -53% GSI -55% SGTI -55% CAAS -56% CHNG -56% HHGM -57% CAGC -59% WEMU -61% CPHI -62% CTFO -63% WATG -64% CKGT -67% SNEN -68% NWD -71% XNYH -71% CHME -74% CPLY -75% CEUA -76% TXIC -76% UTVG -76% XING -77% DSWL -77% SORL -78% TSTC -78% CPSL -79% CHCG -79% TBYH -80% LTUS -81% CHGS -82% CRTP -82% CDS -84% MHJ -84% NOEC -85% ORS -86% CVDT -86% JNGW -86% CHRN -87% CNOA -87% FFHL -87% GFRE -89% AIDA -89% CCGY -90% ETLTQ -97% CSXB -98% TNRO -99% </pre> AVERAGE RETURN = -63.7% </b>