Summary

-&The TAS Auto Trade Program is fully automated. Maximum stop limits are always in force. The Program uses straight technical analysis with a primary concentration in the application of Market Profile. The core decision making processes are all a focus in volume and volatility analysis. This analysis is all proprietary to TAS. The volatility analysis component allows for a dynamic adjustment in parameters. We believe this method has the potential to be profitable in a variety of market conditions, including rising, falling, and sideways markets. The Program seeks to trade opportunities identified across the Russell, Dow, S&Ps,&NASDAQ, and Bonds. The Program seeks to both minimize costs for the investor while maximizing potential returns. Although the program is fully automated the principals do reserve the right to turn the systems on and off based on happenings such as impending news events, high correlation issues, and technical malfunctions.