End of Day Report 5/7

With 30% of our account in SPY calls, our account took a major hit, but our outlook remains positive. Keep in mind that because of the use of options any movement in the underlying security will have a magnified impact on our account. The market did go down substantially, but is still within a range we're comfortable with. We'll immediately sell if the loss from our SPY calls reaches $18,000.

Account Update

• Starting Value: $100,000.00
• Current Value: $88,445.94
• Account % Loss: -11.55%

Account started on May 6, 2008