Summary

The MES555 systematic program exclusively trades the e-Mini S&P 500 futures contract. A set of proprietary indicators are used to determine initial trade entry points, which can be on the buy or sell side. The MES555 program is fundamentally a long/short strategy that uses weekly trading ranges to determine trade sequence. Positions are held for no more than two days and generally are not held over a weekend. Short-dated options may be used to counter unusually volatile market conditions or to lock in profits. The program appears to perform well during periods of medium to high market volatility. Historically, volatility tends to rise as stocks move lower. The Program trades approximately 30 times per year and generally requires a 10% to 15% margin to equity. Speculating in Commodity Interests is a high-risk endeavor. There is no assurance the Program will achieve its profit objectives or that clients will avoid substantial losses.