End of Test, U S 6 -3 Sell to Cash

Test B L 20 9

Test U S 6 -11

Test B L 16 7

Test B S -2 -4

Test ----- U L 6 11

Test ----- U S -5 -18

Test ----- B L 12 2

Test ----- B S -7 -25

Test ----- B L 0 -22

Test ----- U S -3 -18

Test ----- B L 8 -3

Test ----- B S -2 -19

Test ----- U L -3 7

Test ----- U S -8 -9

Test ----- B L 8 -5

Test ----- U S -1 -2

Test ----- U L -4 1

Test ----- B S -5 -17

Test ----- B L 7 -2

Test ----- U S -5 -5

Test ----- U L -2 9

Test ----- U S -14 -16

Test ----- B L 1 -10

Test ----- U S -13 -16

Test ----- B L 12 2

Test ----- U S 3 -4

Test ----- U L -2 1

Test ----- U S 3 -11

Mid-year trade summary:

Date Long/Short QQQQ price LongShares ShortShares Portfolio %Gain/Loss

11-Jan-07 Long 44.71 223.66 0.00 10000.00
17-Jan-07 Short 45.09 0.00 223.66 10084.99 0.85%
24-Jan-07 Long 43.86 236.21 0.00 10360.10 2.73%
26-Jan-07 Short 43.81 0.00 236.21 10348.29 -0.11%
31-Jan-07 Long 43.58 238.70 0.00 10402.62 0.52%
7-Feb-07 Short 44.29 0.00 238.70 10572.09 1.63%
8-Feb-07 Long 44.39 237.63 0.00 10548.22 -0.23%
26-Feb-07 Short 45.48 0.00 237.63 10807.24 2.46%
27-Feb-07 Long 44.36 249.63 0.00 11073.38 2.46%
7-Mar-07 Short 42.86 0.00 249.63 10698.94 -3.38%
9-Mar-07 Long 43.33 244.21 0.00 10581.62 -1.10%
12-Mar-07 Short 42.88 0.00 244.21 10471.72 -1.04%
13-Mar-07 Long 43.00 242.85 0.00 10442.42 -0.28%
14-Mar-07 Short 42.43 0.00 242.85 10303.99 -1.33%
15-Mar-07 Long 42.90 237.53 0.00 10189.86 -1.11%
16-Mar-07 Short 42.94 0.00 237.53 10199.36 0.09%
20-Mar-07 Long 43.26 234.01 0.00 10123.35 -0.75%
23-Mar-07 Short 44.26 0.00 234.01 10357.36 2.31%
4-Apr-07 Long 44.19 234.75 0.00 10373.74 0.16%
30-Apr-07 Short 46.49 0.00 234.75 10913.67 5.20%
1-May-07 Long 45.97 240.06 0.00 11035.74 1.12%
2-May-07 Short 46.09 0.00 240.06 11064.55 0.26%
3-May-07 Long 46.53 235.52 0.00 10958.92 -0.95%
7-May-07 Short 46.65 0.00 235.52 10987.19 0.26%
9-May-07 Long 46.49 237.14 0.00 11024.87 0.34%
14-May-07 Short 46.77 0.00 237.14 11091.27 0.60%
17-May-07 Long 46.49 240.00 0.00 11157.67 0.60%
18-May-07 Short 46.48 0.00 240.00 11155.27 -0.02%
21-May-07 Long 46.74 237.33 0.00 11092.87 -0.56%
24-May-07 Short 46.85 0.00 237.33 11118.98 0.24%
29-May-07 Long 46.50 240.90 0.00 11202.04 0.75%
6-Jun-07 Short 47.37 0.00 240.90 11411.63 1.87%
7-Jun-07 Long 46.91 245.63 0.00 11522.45 0.97%
12-Jun-07 Short 46.57 0.00 245.63 11438.93 -0.72%
14-Jun-07 Long 47.10 240.10 0.00 11308.75 -1.14%
20-Jun-07 Short 47.83 0.00 240.10 11484.02 1.55%
22-Jun-07 Long 47.64 242.02 0.00 11529.64 0.40%
25-Jun-07 Short 47.30 0.00 242.02 11447.36 -0.71%
28-Jun-07 Long 47.52 239.78 0.00 11394.11 -0.47%


June 29 EOD position : long 239.78 shares at qqqq closing price 47.60 = 11413.53


Summary:
39 trades
20 Long 13 Wins 7 Losses Long win % = 65.0%
19 Short 10 Wins 9 Losses Short win % = 52.6%

%Gain/Loss since start 11-Jan-07: 14.1%

Test ----- B L 10 6

Test ----- B S -4 -15

Test ----- B L -1 -5

Test ----- U S -11 -7

Test ----- B L -1 -24

Test ----- U S 6 -9

Test ----- B L 8 2

Test ----- B S -4 -8

Test ----- U L 4 8

Test ----- U S 5 -1