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Long March NASDAQ (NDH)
Long March Corn (CH)
Long March OJ (JOH)
Long March Hogs (LHJ)
Bill Wynne
President
Smart Trades Inc.
WARNING: Trade at your own risk! Commodity trading can be risky and is not
appropriate for everyone! The information presented is for
informational purposes only. Investment in futures involves a high degree of
risk, your investment may fall as well as rise, you may lose all your
original investment and you may also have to pay more on the original amount
invested. Consult your broker or advisor prior to making any investment
decisions. Past or simulated performance is not a guide to future
performance.
NO CLAIMS ARE MADE THAT THESE TRADES HAVE BEEN OR ARE LIKELY TO BE
PROFITABLE.
NOTICE: This information is believed to be reliable, but is not guaranteed
as to its accuracy or completeness. This information is subject to change
without notice. Neither the information, nor any opinion expressed herein
constitutes a representation by Smart Trades Inc., or a solicitation for the
purchase or sale of any commodity futures, or options of any kind. Those
using the information herein for trading purposes are responsible for their
own actions and no claim is made that the recommendations will be profitable
or that they will not result in losses. Smart Trades Inc., its officers,
employees, or members of their families may have a position in the markets
contrary to the information contained herein.
This exercise is intended solely for informative purposes and is not to be
construed, under any circumstances, by implication or otherwise, as an offer
to sell or a solicitation to buy or trade in any commodities or securities
herein named. Information is obtained from sources believed to be reliable,
but is in no way guaranteed. No guarantee of any kind is implied or
possible where projections of future conditions are attempted.
REQUIRED CFTC RISK DISCLAIMER: HYPOTHETICAL PERFORMANCE RESULTS HAVE
MANYINHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO
REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE
PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY
SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL
RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE
LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY
PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING
DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN
COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING, FOR
EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR
TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN
ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER
FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY
SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE
PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN
ADVERSELY AFFECT ACTUAL TRADING RESULTS.
>From: I4Lothian@xxxxxxx
>To: omega-list@xxxxxxxxxx
>Subject: X-Fund - O-Fund Launch Update
>Date: Thu, 31 Jan 2002 18:10:47 EST
>
>Tomorrow morning the X-Funds officially launch at the CBOT. The following
>are the first two official X-Funds.
>
>CBOT X-Fund 1 (Ticker Symbol X1G2)
>Short March Ten Year Notes (105-28)
>Long March Two Year Notes (104-22)
>Short March Soybeans (430 1/4)
>Long March Wheat (286-0)
>
>**** Margin of $1485/$1100
>
>CBOT X-Fund 2 (Ticker Symbol Y1G2)
>Long March Soybeans (430 1/4)
>Short March Soybean Meal (151.70)
>Short March Soybean Oil (1514)
>Short March Corn (206-0)
>
>***** Margin of $473/$350
>
>'The X-Funds will start with a balance of $100,000 and fluctuate up or down
>in dollar terms versus the gains or losses of the component positions from
>the closing prices of today, which are in parenthesis.
>
>Today we pick the first of the official O-Funds to run head to head with
>the
>X-Funds. Tomorrow is the last day of the second practice round of O-Funds,
>so there is a slight overlap that is a one time occurrence.
>
>My randomly picked O-Funds for the official launch are as follows:
>
>Long March Coffee
>Long March Ten Year Notes
>Long March Japanese Yen
>Short March Cotton
>
>Mark Brown's first official O-Fund will consist of the following:
>
>Long March S&P
>Long March Nasdaq
>Long March Dow
>Long March Dow
>
>The X-Funds rules allow for the trader to pick a total of 4 positions and
>you
>can pick the same market more than once, which Mr. Stock Market Bull Mark
>Brown has done.
>
>The other shadow O-Fund managers are Bill Wynne, Barry Viljoen and Bob
>Heisler. There is a six person I have invited, but we shall see if they
>post
>their picks this round or not.
>
>The results for the second round of the O-Funds have shown some very
>volatile
>results because of the action in the stock market. As of the close today,
>Mark Brown was back in the lead for the second round. This does not count
>the first round results. Mark's O-Fund showed a gain of $2316.25 as of the
>close today.
>
>Barry Viljoen was next, with a gain of $1025 as of today's close. My
>randomly picked component contracts were up $446.88. And Bob Heisler's
>showed a loss of $1233.75. Last was Bill Wynne at a loss of $3893.75.
>
>My letter today showed Bill with a $48,750 loss. That was a typo. He
>showed
>a loss of $487.50 as of the close yesterday.
>
>I would like to remind people again that this O-Fund thing is just an
>exercise for discussion purposes and these are not to be considered
>recommendations to buy or sell futures contracts.
>
>Regards,
>
>John J. Lothian
>
>Hypothetical performance results have many inherent limitations, some of
>which are described below. No representations are being made that nay
>account will or is likely to achieve profits or losses similar to those
>shown. In fact, there are frequently sharp differences between
>hypothetical
>performance results and the actual results subsequently achieved by any
>particular trading program. One of the limitations of hypothetical
>performance results is that they are generally prepared with the benefit of
>hindsight. In addition, hypothetical trading does not involve financial
>risk, and no hypothetical trading record can completely account for the
>impact of financial risk in actual trading. For example, the ability to
>withstand losses or to adhere a particular trading program in spite of
>trading losses are material points which can adversely affect actual
>trading
>results. There are numerous other factors related to the markets in
>general
>or to the implementation of any specific trading program which cannot be
>fully accounted for in the preparation of hypothetical performance results
>and all of which can adversely affect actual trading results.
>
>Past results are not indication of future performance. Information provided
>on this website is intended solely for informative purposed and is obtained
>from sources believed to be reliable. Information is in no way guaranteed.
>No
>guarantee of any kind is implied or possible where projections of future
>conditions are attempted.
>
>Since futures and options may not be a suitable investment for everyone,
>and
>the risk of loss can be substantial, investors should consider their
>financial condition when deciding whether to trade.
>
>
>
>
>
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