1.23.08 Settlement 4.15

Trade Date:
1/23/2008
	EST		Buy		Sell
Position	Time	Type	Price	Average	Price	Type	P/L
-1	9:58				1291.75	SE1
-2	10:04			1295.250	1298.75	SE2
-3	10:17			1299.750	1306.75	SE3
-2	10:22	BF1	1300.25				-$25.00
-1	10:41	BF2	1294.25				$275.00
0	11:34	BF3	1290.50				$462.50
1	11:46	BE1	1285.25
0	12:22				1291.00	SF1	$237.50
1	12:32	BE1	1285.25
2	12:39	BE2	1278.50	1281.875
3	12:49	BE3	1271.25	1278.333
2	12:55				1279.75	SF1	$70.85
1	12:55				1284.75	SF2	$321.00
0	1:22				1288.75	SF3	$520.85
1	1:31	BE1	1282.25
0	1:36				1288.75	SF1	$325.00
-1	1:50				1296.75	SE1
-2	2:14			1299.750	1302.75	SE2
-1	2:54	BF1	1294.25				$275.00
-2	2:59				1302.75	SE2
-3	3:04				1309.75	SE3
0	3:24	BS	1325.00				-$3,127.00
-1	3:44				1331.75	SE1
-2	3:49			1335.250	1338.75	SE2
-2	4:15	Close	1342.00				-$675.00
					-9.921%		-$1,339.30

Summary

Loss today of $1339.30, for a loss of 9.921%.

Our market activity was initiated from the BE side (four times) and the SE side (nine times): eight trades were filled, three were closed by stops, and two are being carried overnight.

We concluded the session (SE12 at 1335.25).

BF12 1315.25
BS12 1355.25

New working orders into Close 4:15

Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF1	1325.50		1345.75	SE3
BF2	1317.25

SE2 Filled

Filled	1338.75	SE2
Position:	-2	Price	1335.250	SA12
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF1	1325.50		1345.75	SE3

SE1 Filled

Filled	1331.75	SE1
Position:	-1	Price	1331.750
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF1	1321.25		1338.75	SE2

New SE1

Working Orders:
	Buy		Sell
Type	Price		Price	Type
			1331.75	SE1

BS Filled No working orders

SE3 Filled

Filled	1309.75	SE3
Position:	-3	Price	1304.083	SE12
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF1	1302.25		1325.00	BS

SE2 filled

Filled	1302.75	SE2
Position:	-2	Price	1301.250	SE12
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF2	1291.25		1309.75	SE3

New working orders

Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF2	1291.25		1302.75	SE2

BF1 Filled

Filled	1494.25	BF1
Position:	-1	Price	1299.750	SE12
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF2	1285.25

SE2 Filled

Filled	1302.75	SE2
Position:	-2	Price	1299.750	SE12
Working Orders:
	Buy		Sell
Type	Price		Price	Type
SF1	1294.25		1309.75	SE3

SE1 Filled

Filled	1296.75	SE1
Position:	-1	Price	1296.750
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF1	1290.00		1302.75	SE2

SF1 Filled

Filled	1288.75	SF1
Position:	0	Price
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BE1	1275.25		1296.75	SE1

BE1 Filled

Filled	1282.25	BE1
Position:	1	Price	1282.250
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BE2	1275.25		1288.75	SF1

New BE1 and SE1

Working Orders:
	Buy		Sell
Type	Price		Price	Type
BE1	1282.25		1296.75	SE1

New BE1 and SE1

Working Orders:
	Buy		Sell
Type	Price		Price	Type
BE1	1282.25		1296.75	SE1

SF3 Filled No BE1 or SE1 at this time

Filled	1288.75	SF3
Position:	0	Price
Working Orders:
	Buy		Sell
Type	Price		Price	Type

SF2 Filled

Filled	1284.75	SF2
Position:	1	Price	1278.333	BA123
Working Orders:
	Buy		Sell
Type	Price		Price	Type
			1288.75	SF3

SF1 Filled

Filled	1279.75	SF1
Position:	2	Price	1278.333	BA123
Working Orders:
	Buy		Sell
Type	Price		Price	Type
			1284.75	SF2

BE3 Filled

Filled	1271.25	BE3
Position:	3	Price	1278.333	BA123
Working Orders:
	Buy		Sell
Type	Price		Price	Type
			1279.75	SF1
			1261.00	SS