VOL. 25, NO. 186 W W W . I N V E S T O R S . C O M WEDNESDAY, DECEMBER 31, 2008 $2.00

B Y M A R I L Y N M U C HINVESTOR'S BUSINESS DAILY

Shoppers continued to keep pursestrings drawn during Christmasweek, dashing hopes of a last-minute jolt for the worst holidayseason in decades, while raisingconcerns that a rash of store clos-ings and bankruptcies loom.

Retailers usually get a lift thedays right before and after Christ-mas. But severe weather and eco-nomic head winds kept consum-ers away. Same-store sales for theweek ending Dec. 27 slid 1.8% vs. ayear ago, according to the Interna-tional Council of Shopping Cen-ters-Goldman Sachs index.

Overall, December same-storesales will fall 1%, forecasts Mi-chael Niemira, ICSC’s chief econo-mist. He expects total holidaysame-store sales to fall 1.5%-2%vs. a year ago. That would be theworst since 1970.

“This holiday season was nega-tively impacted by the recession,the escalating unemployment rateandtheweakeningconsumerconfi-dence accentuated by the financialcrisis,” said Niemira. “As a whole,it prompted retailers to increasetheir discounting, which furtheradded to the woes to the industry.”

Analysts expect retailers’ fourth-quarter profits to slide 19.1% vs. ayear ago, the worst on record, saidKen Perkins, president of RetailMetrics. It would mark the sev-enth straight negative quarter.

“The fallout fromthe holiday sea-son exacerbates the situation atthe retail level and shopping cen-ter level,” said Howard Davidow-itz, chairman of Davidowitz & As-sociates, a retail consulting firm.“It’s another nail in the coffin, lead-

ing to massive bankruptcies, storeclosings,problemsinshoppingcen-ters and problems with suppliers.”

AlixPartners, a turnaround con-sulting firm, predicts 26% of182 re-tailers with over $500 million insales have a high risk factor for fi-nancial distress or bankruptcyover the coming 24 months.

“If we get away from the pure dis-counters like Wal-MartWMT, noone is immune, and I expect to seea broad range of retailers filing,”said Lawrence Gottlieb, head ofthe bankruptcy and restructuringpractice at the law firm of CooleyGodward Kronish.

There’s no sign of a credit thawby early 2009, he says.

“Those retailers who had a terri-ble Christmas can expect to havegreat difficulty having banks lendthem more money because of thecredit freeze,” he said. “And if theyneed to file, they can expect verylittle help from the banks.”

Davidowitz expects retail bank-ruptcies to differ from those of thepast, where stores filed underChapter 11 and reorganized.

“In the new world they’ll fileChapter 11 and liquidate,” he said.

He says so far this year therehave been30 retail liquidations, in-cluding Linens ’n Things andMervyn’s department store chain.

Home retailers are the most vul-nerable, Davidowitz said. Homedecor chain Pier 1 ImportsPIR hasshut 600 stores and may not sur-vive, he says. Ethan AllenETH furni-ture chain is another ailing retailer.

Department stores, which selldiscretionary items, clothes andhome goods, are next. He saysSearsSHLD, SaksSKS and Dillard’sDDSare among those doing poorly.

Apparel chains like Chico’sCHSand Charming ShoppesCHRS arestruggling too.

The high pace of store closingsdue to bankruptcy or other rea-sonsshouldcontinue,but notaccel-erate in 2009, says Niemira. That’sbecause the industry alreadyslashed stores this year.

He pegs 2008 store closings atabout 150,000, the highest sincethe 2001 recession.

Defaults will climb in 2009, saysEdward Henderson,vice presidentand senior analyst at Moody’s.

In terms of financing, most retail-ers still have credit lines in place.

Still, a lot of retailers have asset-based lending facilities. Bankscould make it hard for them to fi-nance their spring inventory.

B Y S C O T T S T O D D A R DINVESTOR'S BUSINESS DAILY

Home prices plunged by the moston record in October and consum-er confidence unexpectedly divedtoan all-time low inDecember, ac-cording to separate reports onTuesday, suggesting that a year-long recession has yet to bottom.

Meanwhile, a gauge of Midwestfactory activity remained weak inDecember, though readings onnew orders and jobs rose.

The Standard & Poor’s/Case-Shiller 20-city home price indexfell by a record 18% in October vs.a year earlier, the biggest dropsince records began in 2000. The10-city index tumbled 19.1%, themost in its 21-year history.

Falling home and stock values,tight credit and rising unemploy-ment have put Americans in agloomy mood. The ConferenceBoard’s Consumer ConfidenceIndex sank 6.7 points in Decem-ber to 38, the lowest since recordsbegan in 1969. Economists had ex-pected a slight increase to 45.5.

The latest retail estimates sug-gest that this is the worst holidayshopping season since at least1970. (See related story on thispage).

“We’re going to have some ex-ceptionally weak data in thefourth quarter in terms of GDP,and the first quarter is likely to bevery weak as well,” said KeithHembre, chief economist at FirstAmerican Funds.

The economy will likely contractat anannual rateof5%, 6% or morein the fourth quarter after shrink-ing at a 0.5% pace in the third.

Yetstocksrose aftertheTreasurysaiditwillgive$5billion toGMAC,GM’sGM troubled finance arm.

The Dow climbed 2.2%, the S&P500 2.4% and the Nasdaq 2.7%.

Falling energy prices, low mort-gage rates and aggressive FederalReserve action to ease the creditcrunch could help the economy torecover in the second half of nextyear. But much depends on a hugegovernment stimulus package ex-pected early next year.

“We are expecting to see the re-

cession bottom out by mid-year2009 and conditions start to slow-ly improve by the end of the year,”said Robert Dye, an economist atPNC Financial.

TheMidwest purchasing manag-ers index edged up to 34.1 in De-cember from November’s 26-yearlow of 33.8, a “negligible” in-crease, the Institute for SupplyManagement-Chicago said. Read-ings below 50 signal contraction.

The prices paid index plunged toa record low.

The national ISM manufactur-ingindex is set for a Friday release.

Meanwhile, home prices contin-ue to fall, with the Case-Shillerindex hitting March 2004 levels.The 20-city index is off 23.4%from its July 2006 peak. Prices inPhoenix, Las Vegas and San Fran-cisco plunged more than 30% inOctober from a year ago.

Sharp price declines and histori-cally low mortgage rates have sofar failed to lure potential buyersworried about job losses. The un-employment rate rose to a 15-yearhigh of 6.7% in November and it’sexpected to climb further.

The Conference Board’s currentconditionsindex dived toa 16-yearlow of 29.4 in December from 42.3in November as job losses andfears easily offset lower gas prices.

The outlook gauge fell 2.4 pointsto 43.8 in December.

Consumers who said jobs are“hard to get” rose to 42% in De-cember from 37.1% in November.Those claiming jobs are “plenti-ful” decreased to 6.2% from 8.7%.

IBD’S TOP 10

A PAKISTANI SOLDIER stands guard on the Jamrud Road in Peshawar, near the Afghan border. Pakistan hasblockedtheroad,akeysupplyroutetoU.S.andNATOforcesinAfghanistan,inordertobeginanoffensiveagainstTaliban forces. The Jamrud Road links Kabul, the Afghan capital, with Pakistan’s main port city, Karachi. AP

B Y S E A N H I G G I N SINVESTOR'S BUSINESS DAILY

Senate Democratic leaders saidTuesday that they would notallow Ill. Gov. Rod Blagojevich’schoice of Roland Burris, a formerstate attorney general, to fill theSenate vacancy left by President-elect Obama.

Blagojevich,alsoaDemocrat,wasunfazed and said in a press confer-ence shortly after the Senate Dem-ocrats’ announcement that hewould continue to push for Burris.

The scandal-tainted governor’sdefiancecreatesanunprecedentedpolitical standoff that could leavethe Senate seat in limbo, erodingDemocrats’ Capitol Hill edge.

The showdown could also havea racial tinge. Rep. Bobby Rush,D-Ill., appeared at the press con-ference and repeatedly said Bur-

ris would be the Senate’s only Afri-can-American. Rush openly daredSenate Democrats to reject Burris.

Without an Illinois replacement,the Democrats will have just 57seats in the Senate next year. A re-count is under way for a Minneso-ta seat. That leaves them threeshort of the number needed tostop GOP-led filibusters.

Ordinarily, governors fill vacantSenate seats by appointment toserve out the term or until a spe-cial election.

Thatprocesswasthrownintotur-moilwhen Blagojevich was caughtin wiretapped conversations try-ingto sell theseat,prosecutors say.

Blagojevich was formally arrest-ed by federal agents on Dec. 9. Hehas denied the charges.

Thedayafterhis arrest, theentireSenate Democratic caucus signeda letter urging Blagojevich to “stepdown and under no circumstancemake an appointment to fill the va-cantIllinois Senate seat.”

Senate Majority Leader HarryReid, D-Nev., called Blagojevich’sdecision “truly regrettable” in aTuesday statement.

“Anyone appointed by Gov.Blagojevich cannot be an effectiverepresentative of the people of Illi-nois and, as we have said, will notbe seated by the Democratic Cau-cus,” he said.

Blagojevich brushed Reid’s an-nouncement aside.

“I am absolutely confident andcertain that the United States Sen-ate is going to seat a man of RolandBurris’unquestioned integrity, ex-tensive experience and his longhistory of public service,” he toldreporters. “Please don’t allow theallegations against me to taint thisgood and honest man.”

Burris, 71, has had a long careerin state politics. Before serving asattorney general from 1991 to ’95,he was elected as state comptrol-ler in 1978. He was the first Afri-can-American to win statewide of-fice in Illinois.

He said he was happy to acceptthe appointment and urged theSenate not to leave the seat vacant.

“It is incomprehensible that thepeople of the great state of Illinoiswillenter the 111thCongress short-handed,” Burris said.

Burris said he would examinehis options, including legal ones, ifthe Senate refused to seat him.

Rushsaid he wouldurge the Con-gressional Black Caucus to pres-sure the Senate Democrats.

“There are no African-Ameri-cans in the Senate, and I don’t seeanyone— any U.S. senator— want-ing to go on record to deny one Af-rican-American from being seat-ed,” he said.

The Constitution gives the Sen-ate the right to judge the qualifica-tions of its members, and there areprecedents for rejecting a person.The Senate Democrats’ letter indi-cates they would use them.

AmericanEnterprise Institutere-search fellow John Fortier saysthe precedents are no longer valid.

“The Supreme Court ruled (in1969) that the Senate and theHouse are the judge of the qualifi-cations for their members but thatthey cannot add new qualifica-tions,” Fortier said.

The only valid qualifications areminimum age and residency.

“It is the state’s appointment. Itis not the Senate’s,” Fortier said.

Blagojevich Senate Pick Sets Off Capitol Hill StandoffSenate Dems: We’ll Reject

Accused of trying to sellSenate seat, gov. defiesDem caucus with move

Holiday Retail Sales Worst In Decades;Many Store Closures, Bankruptcies LoomEconomy, Credit To Blame

Outside of discounters,a wide variety of chainscould face liquidation

CONTENTS

Viva Tyranny!Communist Cuba is turning 50;that’s one long history of failureISSUES & INSIGHTS A10-11

Ponce De Leon’s FindsHe scouted and ran Puerto Ricobeforemaking hisway to FloridaLEADERS & SUCCESS A3

CountingWeb VisitorsThe two top trackers don’t jibe,so advertisers are auditing themINTERNET & TECHNOLOGY A4

Niche InsurerIf Tower thrives in New York,it can make it anywhere, right?THE NEW AMERICA A6

Fund Outflow SlowsNovember redemptions shrinkfrom the record set in OctoberMUTUAL FUNDS & ETFs A7-9

Daily Stock AnalysisBig Cap 20 stockMcDonald’sserves up a cup with handleINVESTORS.COM/DSAVIDEO

Housing, SentimentAnd Factory DataShow No RecoveryBut GMAC Aid Lifts Stocks

Home prices’ fall keepsgetting worse; confidencewilts to a new record low

S&P 500 INDEX890.64+21.22 (+2.4%)Index takes 50-day linein day’s final minutes

DOW JONES IND.8668.39+184.46 (+2.2%)Most blue chips rise;Chevron up four in row

NYSE VOL. (MIL)943+69 (+7.9%)Trade up from Monday,but still below average

NASDAQ1550.70+40.38 (+2.7%)Resistance keeps indexunder 50-day average

NASDAQ VOL. (MIL)1,432+175 (+13.9%)Big-volume breakoutfor Tower Group

10-YEAR T-NOTE2.06%-0.05 (-2.4%)Weak consumer moodkicks yield down

DOLLAR-YEN90.32-0.32 (-0.4%)Technicals are kingin thin, year-end trade

EURO1.4063+0.0110 (+0.8%)Euro finding supportin central bank’s caution

REUTERS CRB FUT.217.20-0.47 (-0.2%)Crude oil, gold ease;wheat and corn advance

Stocks Jump, End At Day’s Highs1 Stocks closed at the best levels of a solid

session. The Nasdaq jumped 2.7%, as thePhilly semiconductor index bolted 4.6%.The Dow rose 2.2% as GMGM climbed 6%after the Treasury shored up its GMAC arm.The S&P 500 and NYSE composite bothgained 2.4%. Volume rose after several daysof sluggish action. The 10-year Treasuryyield fell 5 ticks to 2.06%. More on B1, B2

Holiday Sales: Worst Since 19702 Nov.-Dec. same-store sales likely will

fall 1.5%-2% vs. a year ago, the sharpestdrop since at least 1970, the Int’l Council ofShopping Centers said. Ex Wal-MartWMT,sales will be far worse. With spending weakand credit tight, analysts predict huge storeclosures, bankruptcies and job losses in ’09.Also, holiday online sales fell 3% to $25.5 bil,comScore said. More on this page, A4

GMAC Rescue Lifts Automakers3 GMGM rose 6% to 3.80 after the Treasury

injected $5 bil into its 49%-ownedGMAC Financial unit and agreed to lend $1bil more to GM to ease credit so consumerscould get car loans. GM immediately offered0% financing on new cars. The gov’t feared aGMAC bankruptcy would spur GM’s col-lapse. The Treasury got preferred sharespaying an 8% dividend. FordF rose 3%.

Accused Gov. Makes Senate Pick4 A defiant Gov. Rod Blagojevich, whom

prosecutors allege plotted to sellPres.-elect Barack Obama’s Senate seat, ap-pointed ex-Ill. AG Roland Burris, 71, to fillthe post, igniting a political firestorm. Sen-ate Majority Leader Harry Reid, D-Nev.,said he’ll refuse to seat Burris or anyonepicked by the Blagojevich. It’s not clear ifthe Senate can bar Burris. More on this page

Israel Mulling Gaza Cease-Fire5 Israeli officials are considering halting

an aerial assault of Gaza after 4 days, butwarned of a ground offensive if Hamaskeeps firing rockets across the border. TheWhite House said a truce hinges on the ter-ror group. Israeli jets bombed Hamas officesand security facilities as militants launchedmore rockets, which have struck as deep as23 miles inside Israel in the city of Ashdod.

Home Prices Are Still Tumbling6 S&P/Case-Shiller’s 20-city home price

index fell a record 18% in Oct. vs. a yearbefore. Monthly drops have picked up forthe past 4 months. The glut of unsold homesis still too high to stabilize prices. Also, theFed said it’ll start in early Jan. to carry out itsplan to buy mortgage-backed securities tohelp cut mortgage rates and shore up hous-ing. More on this page

Consumer Gloom At Record High7 The Consumer Confidence Index unex-

pectedly fell 6.7 points in Dec. to 38, thelowest since the series began in 1969. Thecurrent conditions gauge dived to its lowestlevelsince theaftermath of the1990-91 reces-sion. Expectations also weakened. Soaringunemployment and other economic woesoffset lower gas prices. More on this page

Chicago Factories In Reverse8 ISM-Chicago’s regional manufacturing

gauge edged up to 34.1 in Dec., a “negligi-ble” rise from Nov.’s 26-year low of 33.8 andwell below the neutral 50 level. Subindexesfor jobs and orders also rose but stayed verynegative. The prices paid index hit a recordlow as energy costs crash. ISM’s U.S. factoryindex is due out Fri. More on this page, A2

U.S.-Afghan Supply Route Shut9 Pakistan closed the main overland route

used to ferry supplies to U.S. and alliedtroopsinsouthernAfghanistanasit launchedan offensive vs. militants. While the U.S. sup-ports the crackdown, the closure is forcing itto establish alternative routes just as it’s pre-paring to nearly double the number of U.S.troops in Afghanistan.

Oil Slips As Data Override Gaza10 Feb. crude futures fell 99 cents to

$39.03 a barrel after climbing to40.39 midday. Continuing conflict betweenIsrael and Hamas militants in the Gaza Stripapplied upward pressure. But demand con-cerns, fueled by another slate of gloomy U.S.economic reports, eventually outweighedheightened Mideast tensions.

Worst Since 1970Nov.-Dec. holiday same-store sales, yearly change

Source: International Council of Shopping Centers

-2

0

2

4%

’08e’07’06’05’04’03’02’01

’08 est.:-1.5% to -2%

Amex Tables ............... B9Big Picture .................... B1Commodity Futures .B10Company Index .......... A2Credit Market ............ B11Dividends News .......... A9Earnings News ........... A9Economic News ........... A2Editorials .................. A10Exchange Traded Funds ... A9General Market ............ B2Industry Groups ........... B2Internet & Technology A4Investor Education .... B12Investor's Corner ....... B12Issues & Insights ...... A10

Leaders & Success ..... A3Low Price Stocks ......... B9Mutual Funds ............. A7Nasdaq Charts ............. B6New America ............... A6New Highs & Lows ...... B8New Issues ................. A6NYSE Charts ................. B4Option Tables ........... A12REITs ............................ B9Research Tables .......... B3To The Point ................ A2World News Briefs ..... A2

ADVERTISINGNat'l Bus. Marketplce .. A9

E2008 Investor’sBusiness Daily Inc.

Still Headed South

Sources: S&P/Case-Shiller, Conference Board, Datastream

-20

-10

0

10

20%

’08’07’06’05’04’03’02

30

60

90

120

150

’08’07’06’05’04’03’02’01’00

S&P/Case-Shiller home price index

Consumer Confidence Index

20-city gauge, yearly Oct.:-18%recorddrop

Dec.: 38record low

A2 WEDNESDAY, DECEMBER 31, 2008 INVESTORS.COM

COMPANY INDEX

TO THE POINT

00 Rising blood sugar levels couldharm an aging brain, a ColumbiaUniv. study said. It found that80-year-olds who had Type 2 diabe-tes were more likely to have dam-aged brain tissue. The study alsonoted people who exercised regular-ly suffered fewer cognitive prob-lems, suggesting workouts helpedstabilize blood glucose levels.00 Professional tennis players whodisagree with a judge’s “out” callmay often be right, according to astudy by Univ. of Calif., Davis. Re-searchers examined 4,457 points of’07 Wimbledon tournament, andfound 84% of wrong rulings wereinstances of a shot landing in thecourt, but being called “out.” Onlyin 13 cases was a ball that landed outruled “in.” It blamed the way hu-mans perceive moving objects.00 Emotional facial expressionsare genetic, not learned, a study bySan Francisco State Univ. suggest-ed. The researchers examined blindOlympic athletes who cannot learnfacial expressions from others.When the blind athletes won, theysmiled just like their seeing competi-tors. The study concluded that ex-pressions of joy and anger are hered-itary, and hard-wired into the brain.

Protesters ease Thailand standoffAnti-gov’t demonstrators aban-doned their siege of Thailand’s For-eign Ministry building, ending astandoff that had threatened to reig-nitea politicalcrisis. Newlyappoint-ed PM Abhisit Vejjajiva left thebuilding after giving a key policy ad-dress in which he vowed to jump-start the economy and heal politicaldivisions. The speech was to begiven at Parliament, but protestershad blocked access to the building.

AFGHANISTAN: The number ofroadside bombs and kidnappingsdoubled in Afghanistan in 2008 vs.2007, U.S. Ambassador WilliamWood said, underscoring thecountry’s deteriorating securitysituation.

PAKISTAN: Islamabad claims Indiahas dispatched its soldiers towardtheir shared border, a move Indiadenied. Pakistan’s accusationfollows reports that Pakistan wasdeploying its troops to the border.

RUSSIA: Pres. Dmitry Medvedevsigned a law extending presidentialterms from 4 years to 6, in a moveseen as paving the way for VladimirPutin’s return to the presidency.

Adv Micro Devcs A2, A4Airgas Inc ............. B1, B3Alcatel Lucent ............... A4Amazon.com ................ A4Axsys Tech ........ B3, B12Baidu.com .................... B5Bank of America ........... A2Biovail .......................... A2Blackrock ..................... A2Brinks Home Sec Hld .... B4Broadcom ...................... A4Cal Wtr Svc Grp Hld ...... B3Castlepoint Holding ...... A6Charming Shoppes ....... A1Chartered Semicnd ....... A4Chicos FAS .................... A1China Info Sec Tech ...... B5China Mobile ................. A4Cogent Inc ..................... B6Compass Minerals ........ B5Comscore Inc ............... A4Dillard Dept ........... A1Dow Chemical .............. A2Ethan Allen Intrs ............ A1Franklin Benjmn Bcp .... B3Genco Shipp & Trad ...... A2

General Motors ..... A1, B1Gilead Sciences ............. B5Home Bancshares ......... B3Huntsman Corp ............ A2Medco Health Sols ........ B3Merck ............................ B3Motorola ....................... A4Nationwide Finl Svc .... A2Northwest Pipe ............. B3Omniture Inc ................ A4Pier 1 Imports ............... A1Pinnacle Fin Ptnr .......... B3PNC Finl Svcs Grp ........ A2Quality Systems ............ B5Rohm & Haas ................ A2Royal Gold Inc ............... B5Saks Inc ......................... A1Sears Holdings Corp ..... A1Shengdatech Inc ........... B5Soc Quim Mnra ............ B5Sohu.com Inc ............... B5Syngenta ...................... B3Tower GroupA6, B1, B3U M B Financial Cp ....... B3United Microelctrnc ..... A4Wal–Mart ...................... A1World Fuel Services ...... B3

Caregivers found to live longerPeople who took care of a sickspouse lived longer and reducedtheir risk of dying by about 50%over a 7-year period, a study by theUniv. of Mich. found. People overage 70 who spent an average of 14 ormore hours a week caregiving had asignificantly decreased risk of deathvs. those who did not. Much hasbeen reported about caregivers’stress and burden, but researcherssay helping others is related to therelease of oxytocin, a hormone thatmay help buffer the effects of stress.Also, caregiving could provide asense of purpose, the study said.

Polar explorer can detect cracksA speedy new vehicle to be rolledout for an Antarctic expedition nextyear will include a radar system thatwill enable explorers to detect andsteer clear of dangerous ice crevass-es. British automaker Lotus is de-signing the Concept Ice Vehicle, orCIV,whichwill bepoweredbybioet-hanol. Instead of rolling on wheels,the propeller-driven vehicle willglide on skis and be able to reach atop speed of 84 mph. The CIV willleadthe Moon-Regan Trans Antarc-tic Expedition in Nov. ’09.

FINANCE

Nationwide to close NFS buyoutThe parent of life insurer Nation-wide Financial ServicesNFS will gothrough with its proposed buyout ofthe 34% stake it doesn’t own for$2.4bil, a published report said. Nation-wide Mutual Insurance announcedthe buyout Aug. 6 for $52.25 a share.Market turmoil fueled doubts aboutthedeal, sendingNationwide Finan-cial shares as low as $40 in Oct. Itclosed up 0.4% at 52.21.

BlackRock voting rights changedThe investment manager’s owner-ship was restructured due to a pur-chase of Merrill Lynch by Bank ofAmericaBAC. As a result, PNC Finan-cial ServicesPNCwill hold the largestvoting block in BlackRockBLK, with47% of the voting rights, though itowns only 33% of the commonshares. Merrill, which owns a49.5% stake in BlackRock, will seeits voting block slashed to 4.9%.PNC surged 5.7% to 46.18. Black-Rock rose 4.4% to 129.68.00 HSBCHBC, the British bank, wasslammed by Hong Kong lawmakersfor selling Lehman Bros. bondsbefore the brokerage collapsed.About 40,000 residents bought anestimated $2.6 bil worth of thebonds. HSBC edged up 1% to 47.08.

IN BRIEFBiovailBVF, a drug maker, recalledits chronic pain drug Ultram ER dueto problems with the tablets. Therecall will reduce Q4 revenue by$4.4 mil. Shares rose 3.5% to 9.23.

Genco Shipping & TradingGNKwilllease a cargo ship to food giantCargill for $65,000 a day for up to62 months. It rose 5.9% to 12.65.

For The Record: The Q&A for theNew Issue America on Dec. 23should have identified Foley &Lardner as a law firm, not an invest-ment firm.

TRANSPORTATION

Steep drop seen in int’l air freightInt’l air cargo traffic fell 13.5% inNov. and passenger traffic dropped4.6%, according to the Internation-al Air Transport Association. Thefigures marked the sharpest de-clines since the months after the9/11 attacks. IATA director Giovan-ni Bisignani called the cargo de-cline “shocking,” adding “it clearlyshows the rapid fall in global trade.”00 Chrysler canceled its annualall-expenses-paid trip for about300 top-performing dealers for thefirst time in decades, citing “thefinancial challenges the companyfaces.”

BUSINESS BRIEFS ECONOMY NATION

TRENDS & INNOVATIONS

SOMALISHELPaninjuredmanTuesdayaftermortarsslammedintoabusymarket in Mogadishu, Somalia’s capital, killing at least 10. The impendingpullout of Ethiopian troops, who have been propping up the country’s weakgovernment, has encouraged Islamic insurgents to intensify attacks. AP

CHEMICALS

Report: Dow may pursue buyoutThe chemical giant may tap a $13 bilbridge loan to pay for a takeover ofrival Rohm & HaasROH, salvaging adeal that appeared to collapse afterthe Kuwaiti gov’t pulled out of a$17.4 bil joint venture, the FinancialTimes said. Dow Chemical’sDOWother option is to sue Kuwait overpayment of the $2.5 bil breakup fee.Dow rose 1.5% to 15.55. Rohmsurged 11.9% to 59.70.00 HuntsmanHUN, a chemical maker,said it received $425 mil from Hex-ion Specialty Chemicals, the lastpayment tied to a $1 bil penalty forterminating a $6.5 bil buyout deal.Huntsman rose 2.1% to 3.45.

RETAIL

Staples trims $3 bil credit lineThe office supplies retail giantclimbed 2.4% to 17.71 after it said itreduced a $3 bil credit line by $250mil. Staples’SPLS move came afterMoody’s warned that the companycould face a negative rating if itfailed to make progress in refinanc-ing the line of credit. Staples estab-lished the credit line to help financeits $2.65 bil buyout of Dutch peerCorporate Express. Staples expectsthe merger will reduce expenses by$300 mil over 3 years.

TECHNOLOGY

Speculation about Jobs rekindledAppleAAPL fell as much as 2% beforerebounding to end down just 0.4%at 86.29 after technology Web siteGizmodo revived speculation thatCEO Steve Jobs has an undisclosedhealth problem. Gizmodo quoted a“solid source,” which it did not iden-tify, as saying that Jobs canceled akeynote address at Macworld nextweek because of his “rapidly declin-ing” health. Apple declined to com-ment on the report, the latest of sev-eral about the reclusive executive.

AMD increases estimated chargeThe chipmaker said it expects totakea $70 mil chargein Q4tied tore-structuring costs, $20 mil morethan it projected last month. Ad-vanced Micro DevicesAMD also saidit laid off 600 workers, 100 morethan it previously said it was cut-ting. The No. 2 maker of PC proces-sors behind IntelINTC also said in anSEC filing that it would take unspec-ified additional charges in the firsthalf of 2009. It rose 5.2% to 2.24.00 Next year will be especiallydifficult for semiconductor compa-nies, S&P projected, noting theirorders are “declining precipitous-ly.” The agency, which rates corpo-rate bonds, said it expects negativecredit trends to continue.

TIP OF THE DAY: To make researchingIPOs easier, we’ve added a search fea-ture, IPO Date, to the Daily Graphs Cus-tom Screen Wizard. investors.com/tip

U.S. lending tumbles in 2008U.S. loan issuance plunged 55% to$764 bil, the lowest since ’94, withmost of the slump coming in the2nd half of the year, according to Re-uters Loan Pricing Corp. That wasdown from $1.69 tril in 2007 as theglobal credit crunch choked offlending to American businesses. In-vestment-grade loans fell 52% to$319 bil, while leveraged loan issu-ance dropped 57% to $294 bil. JP-Morgan was the top lender in theU.S. last year, doling out $198.5 bilin loans, a 26% market share. Lend-ing will likely remain anemic in2009, RLPC said.00 Federal Housing Finance Agen-cy director James Lockhart saidmortgage rates could fall another50 to 100 basis points, adding hewants to see TARP funds used formortgage assets and private-labelsecurities. The regulator of FreddieMacFREand Fannie MaeFNM said themortgage finance giants have an“effective” gov’t guarantee.

ECB rate cuts yet to filter throughThe European Central Bank presi-dent, Jean-Claude Trichet, saidpast rate cuts by the central bankhave still not fully filtered throughto the economy. The ECB has cut in-terest rates by 175 basis points sinceearly Oct. to 2.5% as a response tothe economic downturn and rapid-ly falling inflation. The ECBprojects euro zone GDP to fall about0.5% next year and inflation to aver-age roughly 1.4%. While financialmarkets anticipate another rate cut,the central bank has not given a firmindication if it will cut or not.00 Retail spending in the eurozone fell for a 7th straight month inDec., according to the Bloombergeuro zone retail purchasing manag-ers’ index. It rose to 41.4 vs. 40.6 inNov., but remained below the neu-tral 50. The year-over-year salesindex hit a new low of 35.1 in Dec.00 German inflation slowed to1.1% in Dec., the lowest in over twoyears, due to declining fuel pricesand stuttering economic growth. Itwas the fifth straight monthly drop,suggesting inflation in the broadereuro zone may have also fallen.00 Spain’s economy will contractin Q4, the Bank of Spain said. AfterQ3’s 0.2% quarter-on-quarter de-cline, that would officially put theeuro zone’s No. 4 economy into arecession for the first time in 15years.

COMING UP WEDNESDAY00 Jobless claims for the weekended Dec. 27, 8:30 a.m. EST (fore-cast: 575,000).

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Investor’s Business Daily (ISSN 1061-2890) is published Mon-day-Friday, except legal holidays and Good Friday. Periodicalspostage paid at Los Angeles, CA and other mailing offices.U.S. subscription rate (postage paid): 2 year $489, 1 year$295, 6 month $189, plus any sales tax. Foreign rates on re-quest. READERS: To subscribe or obtain delivery or other infor-mation, contact 800-831-2525 (310-448-6600 outsideU.S.) or www.investors.com. ADVERTISERS: All advertisingpublished in Investor’s Business Daily is subject to the applica-ble rate card, available at 310-448-6700. REPRINTS: Pleasee-mail us at ibdreprints@investors.com. POSTMASTER: Sendaddress changes to Investor’s Business Daily, P.O. Box92089, Los Angeles, CA 90009-2089.All reproduction rights reserved. Investor’s Business Daily, IBD,CAN SLIM and corresponding logos are owned by Data Analy-sis Inc., an affiliate of Investor’s Business Daily. Portions of thedata herein are licensed from William O’Neil + Co. Inc.

Franken holds Minn. Senate leadDem candidate Al Franken nowholds a 50-vote lead over GOP Sen.Norm Coleman with almost all ofthe counting in Minnesota’s Senaterace done. Franken’s lead increasedTue. when the state CanvassingBoard finished allocating thou-sands of ballots that had been heldup due to candidate challenges.Coleman’s hopes now ride on a poolof uncounted absentee ballots.00 The Brady Campaign to Pre-vent Gun Violence asked a federaljudge to issue an injunction barringthe Interior Dept. from overturninga 25-year ban on carrying con-cealed, loaded guns in most nat’lparks. The rule change is to takeeffect in Jan.00 More than a dozen familiesfiled a lawsuit challenging a newArk. law banning unmarried cou-ples living together from becomingfoster or adoptive parents. The Ark.chapter of the ACLU filed the law-suit on behalf of the families.

WORLD

CA CH OH FL GA TX NY VA SF WA IA CO

VITAL SIGNS Chicago PMI business index

Business activity in the U.S. Midwest rose to 34.1 in Dec. from Nov.’s 26-year low of 33.8, but that is still well below the break-even 50 level. A gauge of prices paid fell to a record low of 30.5 as fuel costs declined. Subindexes for orders and jobs rose modestly but remain very weak.Sources: Institute for Supply Management-Chicago, Datastream

Prices paid index New orders index Employment indexChicago Purchasers Index Edges Off Low

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Dec.:30.5

’02 ’03 ’04 ’05 ’06 ’07 ’08 ’07 ’08

Dec.:29.4

Dec.:39.6

SCREEN OF THE DAY: We spotlight firmswith pretax profit margins of at least 18%in the latest fiscal year, a level consistentwith many winners. investors.com/screen

DAILY STOCK ANALYSIS: Big Cap 20stock McDonald’s serves up a cupwith handle. View the video andchart at investors.com/dsa

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INVESTOR'S BUSINESS DAILY WEDNESDAY, DECEMBER 31, 2008 A 3

6 LEARN TO ANALYZE DETAILS: Get all the facts, all the input. Learnfrom your mistakes.

7 FOCUS YOUR TIME AND MONEY: Don’t let other people or thingsdistract you.

10 BE HONEST AND DEPENDABLE; TAKE RESPONSIBILITY: Otherwise,Nos. 1-9 won’t matter.

9 DEAL AND COMMUNICATE WITH PEOPLE EFFECTIVELY: No personis an island. Learn to understand and motivate others.

B Y D O N N A H O W E L LINVESTOR'S BUSINESS DAILY

Out of work, Juan Ponce de Leonheaded for the beach.

He’d fought for Spain, voyagedwith Christopher Columbus andgoverned Puerto Rico.

Only after being booted from thatlast job did he make his best-knownachievement, discovering Florida.

Such was Ponce de Leon’s resolveand independent spirit that whenlife handed him a lemon, he madelemonade — and history.

“The essence of the story is, he wasan unemployed conquistador, so heeventually obtained permission toextend his discoveries and discovernew land,” said Robert Weddle, au-thor of “Spanish Sea: The Gulf ofMexico in North American Discov-ery” and other historical works.

In Ponce de Leon’s time, 500 yearsago, the prospect of gold drew Span-ish conqueror-explorers to the Car-ibbean. He had already acquiredsome by the time he reached Flori-da’s east coast. He may have beenafter more; scholars debate it. Onhis last voyage, he brought settlers.

“The legend is the Fountain ofYouth motivated his interest . . . butthat’s pretty well put aside by histo-rians,” Weddle said.

Ponce de Leon’s own youth ex-posed him to the nuances of govern-ment, sure to come in handy duringhis exploits in the West. Whateverhis primary motivations as conquis-tador, it’s clear that settling the NewWorld was among them.

Moving HigherPonce de Leon (born circa 1474

and died in 1521) was a noble from adynastic family.

He “can be said to have been bornintogreatnessanda recognized lead-er,” Douglas Peck, author of “Poncede Leon and the Discovery of Flori-da,” said in an e-mail interview. “Hewas the son of the respected andpowerful Count Juan Ponce deLeon, who forced the other lesserwarlords to join Ferdinand and Isa-bella in forming the first Spanishmonarchy.Andhisbrother wasRod-rigo Ponce de Leon, the celebratedCid,orsupreme general, responsiblefordriving the Moors from Spain.”

Peck says Juan Ponce de Leonwould have been well tutored inreading, writing, math and manage-ment of large family agrarian estates— as well as warfare.

Growing up, he served as a squireto Don Pedro Nunez de Guzman, aknight commander. Ponce de Leonhandled mundane tasks such ascleaning and delivering messages,but also learned how to be a warrior.

Both helped drive the Moors out ofSpain in 1492.

That year Columbus made his firstvoyage. Wordreturned of his discov-eries around the Bahamas, includ-ing finding spices and other riches.

Ponce de Leon, aided by Guzman’sinfluence, signed on for Columbus’voyage to the West Indies the nextyear. This colonization project in-volved 17 ships and 1,200 people.

Ponce de Leon disembarked andstayed 15 years on Hispaniola, thesecond-biggest island in the Antilles— now home of the Dominican Re-public and Haiti. He married an inn-keeper’s daughter, had four chil-dren and aimed to be a landowner.

Known for his military skill, Poncede Leon was asked by the West In-dies governor to quell a native rebel-lion on the eastern part of the island,which he and his men did. His re-ward was being named governor ofthat part. He then gained wealthfarming sugarcane and livestock.

One day a native from nearbyBoriquen brought a nugget of goldto trade. Ponce lit up. Around 1506he began exploring the island. Henamed it Puerto Rico, for rich port.

He got on with the natives andhoped to be governor. The conquis-tador’s higher-ups first appointedsomeone else. But Ponce de Leon’sreputation prevailed. As squabbleserupted over governance, his boss,the West Indies governor, vouchedfor him. Spain then named Ponce de

Leon governor. “He was assignedthe task of conquering Puerto Rico,and he did so without a fight be-cause the natives were aware of hishumane treatment,” Peck said.

Here, according to Peck, he em-ployed good management tech-niques and focused on farming.

“Ponce de Leon’s wealth camefrom efficient management of hisagrarian plantations,” the historiansaid. He “would have learned effi-cient land husbandry from the largefeudal land holdings of his family innorthern Spain.”

He raised horses and other live-stock, and produced cassava breadfor the burgeoning trade in theWest Indies, Peck says, rather thanconcentrating on mining for gold,most of which he would have had toturn over to the crown.

Ponce’s Puerto Rico stint lasteduntil a few years after Columbus’death in 1506. Then Spain’s KingFerdinand made Columbus’ son,Diego, the West Indies’ governor, re-placing Ponce’s boss. Soon Diegomade himself governor of PuertoRico. “Diego Columbus obtainedpermission, for his father’s discov-ery, to follow up on all the territorythat was granted to him, and Poncewas booted out,” Weddle said.

In need of a new challenge, Poncede Leon appealed to the king for per-mission to go find new lands. Peck

discounts the idea that the explorerwas after a youth serum or gold.

“Ponce de Leon was one of thewealthiest conquistadors in the In-dies, so he had no need for gold,”Peck said.

The conquistador was granted theright to locate Bimini — then mean-ing land northwest of the Bahamas— and claim it for Spain.

In 1513, he set off from Puerto Ricowith three ships and 200 men. Buthe landed north of his intended des-tination in a place he called PascuaFlorida, feast of flowers. Ponce deLeon claimed it for Spain.

MelbourneBeach, halfwayup Flor-ida’s east coast, is the generally ac-cepted landing site, Peck says.

Ponce de Leon stayed almost aweek before sailing south by thecoast and around the Florida Keys,possibly all the way up to the Pan-handle. He spent the next sixmonths exploring.

“This seven-month, 7,980-nauti-cal-mile exploration voyage into un-known waters set the stage for sub-sequent European colonization inNorth America,” Peck said.

Then Ponce returned to his nativecountry, and the Spanish kingnamed him captain general.

Back To FloridaSpain’s crown gave him permis-

sion to return to settle Florida andsurrounding islands. But Ponce deLeon waited eight years until land-ing exclusive settlement rights.

The king gave him a post calledadelantado. That, said Peck, grant-ed him a rank “far above that of gov-ernor and approaching that of a kingin power, prestige and wealth.”

Ponce de Leon set off again in 1521.Now he landed on the west coast ofFlorida, near Charlotte Harbor,where illness and battles with na-tives ensued the next few months.

“He had 200 settlers, and domes-tic animals, but the Calusa Indiansin the area made it very hard — itdidn’t last at all,” said Lisa Barton,se-nior curator at the Museum of Flori-da History.

Hit by an arrow, Ponce de Leon re-treated with his ships to Cuba. Hiswound proved fatal; he died there in1521.

His gravestone in Puerto Ricoreads, “Here rest the bones of a val-iant Lion, mightier in deeds than inname.”

On ActionTalk doesn’t cook rice.Chinese proverb

Hoover On RecoveryEconomic wounds must be healed by the action of the cells of the economic body — the producers and consumers themselves.Herbert Hoover, 31st U.S. president

Cousteau On OutlookIf we were logical, the future would be bleak indeed. But we are more than logical. We are human beings, and we have faith, and we have hope, and we can work. Jacques Cousteau, explorer

Midler On IndividualityCherish forever what makes you unique, ’cuzyou’re really a yawn if it goes. Bette Midler, entertainer

Bacon On ChangeHe that will not apply new remedies must expect new evils, for time is the greatest innovator. Francis Bacon, essayist

Walton On LeadingI have always been driven to buck the system, to innovate, to take things beyond where they’ve been. Sam Walton, Wal-Mart founder

WISDOM TO LIVE BY

Sawyer On FocusI think the one lesson Ihave learned is that thereis no substitute for paying attention.Diane Sawyer, newscaster

Investor’s Business Daily has spent years analyzing leaders and suc-cessful people in all walks of life. Most have 10 traits that, when com-bined, can turn dreams into reality. Each day, we highlight one.

LEADERS & SUCCESS

B Y J E D G R A H A MINVESTOR'S BUSINESS DAILY

Jacob Lawrence thought just oneway — long term.

Take the way he set out in 1940 tocapture the story of the black migra-tion to the North through a series of60 paintings. There was nothinghaphazard about his effort.

“If I had painted one painting andcompleted it and gone on to the next60 times, they would all be differ-ent,” Lawrence told the AssociatedPress in 1994. “I thought in terms ofone work and not 60 works. And tohold it together, I wanted to use thesame colors in the same way.”

So he laid out 30 to 60 panels ofhardboard and painted them all atonce, using one color at a time,wrote Elizabeth Turner in an essayincluded in “Over the Line: The Artand Life of Jacob Lawrence.”

“Lawrence made a system of paint-ing as one would plan a city or builda skyscraper,” she wrote.

Lawrence’s migration series,which helped establish him as thefirst black painter to gain nation-wide recognition, was among thehighlights of a career that continueduntil his death in 2000. He receivedthe National Medal of Arts and theNAACP’s Spingarn Medal.

Born in Atlantic City, N.J., in 1917and raised partly in foster homes,Lawrence, along with his motherand siblings, went to Harlem in1930. Knowing as a child that hewanted to paint, he began develop-ing his craft almost as soon as hecould hold a paintbrush.

On The JobAfter dropping out of high school

to help support the family,Lawrence worked during the daysand spent evenings in Harlem artstudios picking up ideas.

Lawrence found inspiration in hissurroundings. He saw dignity in theeveryday goings-on in Harlem.

He used bold colors and two-di-

mensional forms to bring them tolife. Early works included a group ofmen listening to a street orator, andthree prostitutes sitting on thestoop of a brothel.

Suffering, neglect and discrimina-tion were all around him, butLawrence was “one whose spiritand urge to create will overcome allobstacles,” wrote one of his teach-ers in 1939 in a catalog accompany-ing a show of his work.

Lawrence turned those obstacles

into his foundation. He had difficul-ty talking with his mother. His fa-ther was absent for most of hisyouth.

He found strength from othersources.

“Lawrence’s relationships withthe community were crucial to hisdevelopment as an artist,” wroteEllen Wheat in “Jacob Lawrence:American Painter.” “Because of hislack of strong family ties, the neigh-borhood became like a family to himand the (WPA Harlem Art Work-shop) group a nurturing force.”

He made the most of his resources.Instead of experimenting with oils,Lawrence used only opaque, water-based paints that he could buy atfive-and-dime stores, wrote Eliza-beth Steele in “Over the Line.”

In a 1938 painting, “Beggar No. 1,”Lawrence depicted a family walk-ing down the street with a “sharplyskewed red brick building” in thebackground “to promote a sense ofthree dimensionality,” Steele wrote.

“Movementis suggested by the dis-torted angles in the figures’ stances.Despite the limitations of a fast-dry-ing medium, which once applieddoes not permit much manipula-tion, Lawrence is able to vividly cap-ture the essence of the scene.”

Inspired by stories he had heardabout early black leaders in commu-nity lectures, he spent endless hoursat the local library reading every-thing written about figures such asToussaint L’Ouverture, a Haitianslavewho foughtagainstFrenchruleandfounded the Republic ofHaiti.

From that research, he created se-ries of paintings on Toussaint, Fred-erick Douglass and Harriet Tubmanto illustrate their heroism.

Look Back“Between 1937 and 1941 Lawrence

created more than 170 paintings inseries depicting nearly 200 years ofhistory in America,” Turner wrote.

Lawrence followed his passionand didn’t care if that led him away

from the crowd. While Americanart was becoming increasingly ab-stract, he painted the reality ofblacks’ everyday lives and the strug-gle for civil rights.

“For him, art was too powerful amode of communication to focus onaesthetics,” Carol Strickland wrotein the Christian Science Monitor.“He used the visual devices of ab-straction — geometric structure, ele-mental shapes and dynamic pattern-ing — to animate his paintings, en-suring they rose above mere narra-tive and never descended into facileemotion.”

Lawrence’s philosophy, like hisart, was life-affirming. He believedin the struggle for progress.

“If these people who were somuch worse off than the peopletoday could conquer their slavery,we certainly can do the same thing,”he said.

This story originally ran Feb. 7, 2002,on Leaders & Success.

Brush-Wielding Jacob Lawrence Colored Our WorldMake A Strong Point: The painter’s determination to depict real life in Harlem and beyond helped change the face of art

8 DON’T BE AFRAID TO INNOVATE; BE DIFFERENT: Following theherd is a sure way to mediocrity.

4 NEVER STOP LEARNING: Go back to school or read books. Gettraining and acquire skills.

3Men and women think,work and run companies dif-ferently. Though most busi-nesspeople know this,they’re hard-pressed to

point out the distinctions withoutsounding like they’re stereotyping.

But recent scan studies reveal dif-ferences between the male and fe-male brain. In “Leadership and theSexes: Using Gender Science to Cre-ate Success in Business,” MichaelGurian and Barbara Annis showhow some tasks are easier for onesex and harder for the other.

Companies such as Procter & Gam-ble, Nissan and Deloitte & Toucheapply gender-based knowledge inthe workplace. Gurian, a therapistand corporate speaker who special-izes in gender issues, and MarciaMantell, a retirement consultant inNeedham, Mass., share tips.00 Respect each other. Gurian ad-vises folks to read about gendergaps. “Neither men nor women arebetter,” he told IBD. “They’re justdifferent. Understanding (how)helps all of us work together moreefficiently and effectively. This istruly a bottom-line issue.”00 Learn to work together. Mantelltells IBD that many women, includ-ing her, solve problems in a linearway. They start at step one. In con-trast, a key male employee oftenstarts by looking at the end result.How can men and women bridgethe gap? “Hash it out,” Mantell said.“Start with an informal working ses-sion. Give everyone a chance to talk.Women are better at rememberingthe details that may be affected.Men are better at conceptualizingthe big picture. Neither is less criti-cal to the success of the end productand the company’s sales.”

00 Know your audience. When inmeetings or speaking one-on-onewith female colleagues, resist tun-ing out or saying “get to the point”too soon, Gurian tells men. The fe-male brain processes more wordsthan the male one.

When speaking to men, use fewerwordsand rely on visuals and graph-ics, Gurian tells women. The malebrain strongly tracks images andmovement. “Too many words, theguys’ eyes will glaze over,” he said.00 Aim your ammo. “If men wantto do better in negotiations with an-other company, they should consid-er using the female talent aroundthem,” Gurian said.“This is especial-ly important for executives.”

Women read sensory and facialcues better than most men. Theymight notice unspoken signs of re-sistance or receptiveness that re-veal an impasse or breakthrough.

“Negotiations are about data, butthey’re also about personalities andemotions,” Gurian said.00 Negotiate in their language.When bargaining with a male bossfor a promotion, women shouldfocus on the data backing up theirsuccess early in the conversation.“Guys tend to stick close to the dataand go for the jugular,” Gurian said.“C-level male executives are high-testosterone guys. As they get morecompetitive, they push the data andsay it’s incontrovertible.”

Women should avoid talking inquestions with upward tones, suchas “This is pretty good, don’t youthink?” Make strong statements.

In contrast, men negotiating witha female boss should chat and buildrapport first, then bring up relation-ship management skills beforegoing to the data. Gloria Lau

2 DECIDE UPON YOUR TRUE DREAMS AND GOALS: Write downyour specific goals and develop a plan to reach them.

B E S T O F L E A D E R S & S U C C E S S

5 BE PERSISTENT AND WORK HARD: Success is a marathon, not asprint. Never give up.

TAKE ACTION

Leverage Gender Skills

Ponce De Leon Saw The WayGet Going: The Spanish discoverer searched for more than the Fountain of Youth

IBD’S 10 SECRETS TO SUCCESS

Lawrence’s KeysWhat: Painter who receivedthe National Medal of Arts andthe NAACP’s Spingarn Medal.How: “My belief is that it ismost important for an artist todevelop an approach and phi-losophy about life — if he hasdeveloped this philosophy, hedoes not put paint on canvas;he puts himself on canvas.”

1 HOW YOU THINK IS EVERYTHING: Always be positive. Thinksuccess, not failure. Beware of a negative environment.

3 TAKE ACTION: Goals are nothing without action. Don’t be afraid toget started. Just do it.

Juan Ponce de Leon claimed Florida for Spain in 1513, two decades after hejoined Christopher Columbus’ second voyage to the West Indies.

Ponce de Leon’s KeysWhat: Discovered Florida,setting the stage for Europeansto colonize North America.How: When circumstancesblocked his progress, he’d gofind an even better adventure.

A4 WEDNESDAY, DECEMBER 31, 2008 INVESTORS.COM

B Y V I C T O R R E K L A I T I SINVESTOR'S BUSINESS DAILY

In this high-tech world, it must besimpleenoughtotrack Website visi-tors. So let’s see, in November AOLdrew 108.8 million visitors — or86.3 million.

Hmm, maybe not so easy. Theformer count comes from com-ScoreSCOR, the latter from NielsenOnline. And the disenchantedgrumbling about the 22.5 milliondiscrepancy and other differenceshas come for years not just fromAOL but from most Web propertyowners and, just as loud, from Webadvertisers trying to figure outwhere to place ads and how muchto pay.

But an audit demanded by a big on-line ad group of comScore and Niel-sen, the twodominant firms in Web-traffic tracking, is in full swing, withcore parts slated to be completed inthe second quarter of 2009. In themeantime, a host of smaller Webtrackers are trying to gain a biggerfoothold.

Though comScoreand Nielsensel-domagree on the numbers, some ob-servers say they will stay in the driv-er’s seat, in part to avoid even moreconfusion.

“For online traffic — the kind ofthing that people are making adver-tising buys around — it’s going to becomScore and Nielsen,” said BradBortner, a Forrester Research ana-lyst. It’s “a two-horse race, and theothers are kind of noise.”

He says ad buyers don’t want athird option for tracking Internettraffic. In fact, he says the market-place doesn’t even like having twochoices.

“Everyone complains about Niel-sen for TV, but there’s only one ofthem and people sort of put up withit,” Bortner said. “If there were two,they’d be fighting all the time. It’dbe painful. That’s what’s happeningonline.”

The Interactive Advertising Bu-reau, which represents more than375 companies involved in sellingonline ads, sparked the audits ofcomScore and Nielsen. The IABcomplained not only that the twocould have widely different totals,but said both trackers’ totals wereoften far below counts from IABmembers’ own server logs. Observ-ers, though, say those logs have

their own problems, such as double-counting.

But IAB members can’t just dis-miss comScore and Nielsen. Theirtraffic totals are what ad buyersfocus on when they plan their pur-chases, and the cost of display andvideo ads is tied to page views andvisitor counts. U.S. online ad reve-nue rose 11% in the third quarterfrom the year-ago quarter, to $5.9billion, says the IAB.

ComScore and Nielsen are now“very concentrated” on their audits,said George Ivie, CEO of the MediaRating Council, the nonprofit thatis auditing the pair. The IAB calledfor the audit in April 2007. The twometrics firms are covering the auditcosts, aswith any MRC audit of a rat-ings service.

“The process started out slow,”Ivie told IBD. But now both compa-nies are “very serious about being

accredited,” he said.In the meantime, other companies

such as Quantcast are making ad-vances in Internet audience mea-surement. A recent AdWeek storysaid two-year-old Quantcast “isstarting to make headway.”

Quantcast offers a hybrid ap-proach to Web metrics. It directlymeasures a site’s traffic and com-bines that with data from panels ofInternet users. ComScore and Niel-sen Online rely on panels of users,whose activity is extrapolated tothe overall Web-using population.

Quantcast’s services are free,though it reportedly plans to startcharging for some offerings in2009. The MRC has started to auditQuantcast’s site traffic product, butnot its panels.

Other options include Hitwise,owned by U.K. credit-reportingagency Experian. It provides audi-

ence data from measuring overallstreams of traffic, through its agree-ments with certain Internet serviceproviders.

Compete, like comScore andNiel-sen, relies on panel-based measure-ments. And other Web metrics play-ers include OmnitureOMTR, GoogleGOOG and Alexa, a unit of online re-tailer Amazon.comAMZN.

Some companies are trying to im-prove the user panels that are criti-cal to comScore, Nielsen and othermetrics firms. Bortner says leadersin this effort include Peanut Labsand MarketTools, which offer dif-ferent ways to make sure user pan-els are legitimate. He says somemajor ad buyers soon will demandthat their partners use panels certi-fied by TrueSample, a MarketToolsproduct.

“I’m actually, for the first time, op-timistic that panel quality is goingto become a major issue,” Bortnersaid. “People sort of whisperedabout it, but there was no way of say-ing, ‘This one’s good. This one’sbad.’ With these two tools, you get achance to say that.”

ComScore and Nielsen aren’t sit-ting still on their lead. For example,comScore recently launched an ex-tended measurement tool that lets aWeb property track usage of its wid-gets and other distributed contentthat is no longer on its own site.

Each firm has completed the partof its audit that looks at its “meter”— a tracking program installed onevery panelist’s PC. Remainingphases of each company’s audit in-clude studying its panels and howthe panels are extrapolated to theoverall Web-using population.

Ivie expects the audits to wrap upbefore July, with MRC auditorscompleting a separate researchcomponent of their review later inthe year. The MRC has found lots ofdifferences in the two companies’methods. That was expected, sincetheir traffic totals differ so often.

“It’s clear these two companiesdid not collude in creating theirmethodologies,” Ivie said. “They’revery different.”

Forrester’s Bortner points out thatthe groups involved don’t have en-forcement abilities. ComScore andNielsen voluntarily submitted tothe MRC’s audit.

Bortner says there’s no easy an-swer when choosing between thetwo dominant Web metrics firms.

“I can’t tell you how many timespeople call me and say, ‘Whoshould I use?’ I’ll say, ‘I don’tknow,’ ” he said. “One is probably asgood as the other, if you have aheavily trafficked Web site.”

B Y S H E I L A R I L E YFOR INVESTOR'S BUSINESS DAILY

Countless online sites for parentsexist, but figuring out which aremost reliable can be as daunting asgetting your middle-schoolers tostart their science project.

Doctors, educators and other ob-servers say that while the Internetcan benefit and educate parents ona range of issues, it also can be asource of misinformation.

“People don’t know how to deci-pher all the information availableonline,” said Dr. Ari Brown, an Aus-tin, Texas, pediatrician.

But there are trustworthy cyber-space destinations, Brown says.One is the federal government’sCenters for Disease Control andProtection cdc.gov site, which in-cludes weekly reports of illness out-breaks across the country.

Another is aap.org, by the Ameri-can Academy of Pediatrics.

Going to a search engine and tak-ing your chances isn’t a good way toget educated, Brown says.

“It’s very hard to get your medicaldegree from Google,” said Brown, aco-author of child health books.

Although there are few ways to as-sess the quality of sites designed for

parents, there are some red flags,she says.

Ambiguity about just what organi-zation supports a site is one, shesays.

“If you can’t figure out who is be-hind the Web site, maybe take thatinformation with a grain of salt, orget a second opinion from your doc-tor,” Brown said.

One guide for overwhelmed par-ents seeking answers about every-thing from immunizations to bully-ing is cfw.tufts.edu, sponsored byBoston’s Tufts University.

The user-friendly directory, orga-nized by age range, lists some 500sources of information on subjectsrelating to children, including edu-cational, physical and mentalhealth, development, and family re-lationships.

“If it’s about children, we coverit,” said Fred Rothbaum, a profes-sor at Tuft’s Eliot-Pearson Depart-ment of Child Development and co-leader of the site, called the Childand Family Webguide.

The site looks at who wrote the in-formation, what research backs itup and who’s presenting it.

“The fundamental thing we’reafter is whether the site has credi-ble information,” Rothbaum said.

“What makes information credibleand trustworthy is that it’s based onresearch.”

In general, the best sites comefrom nonprofits and educational in-stitutions, Rothbaum says.

Parents of newborns and teenag-ers seek online answers most often,he says. Other popular request-for-information topics include di-vorce’s effect on children, videoand computer games, language de-velopment, homework, autism,child-care resources, sleep prob-lems, bullying, and certain specificmedical issues.

His top recommendations: NewYork University’s About Our Kids(aboutourkids.org), Zero to Three(zerotothree.org), and the Universi-ty of Michigan’s Your Child: Devel-opment and Behavior Resources(med.umich.edu/1libr/your child/).

Moms and dads who go to Zero toThree often ask about handling“challenging behaviors,” such as bit-ing and excessive crying, accordingto Claire Lerner, the site’s directorof parenting resources.

The Washington, D.C., nonprofitdoesn’t espouse a one-size-fits-allapproach. “We never tell a parentwhat to do, or that there’s one rightway,” Lerner said.

Zero to Three seeks to empowerparents of infants and toddlers bymaking available up-to-date infor-mation that’s backed up by researchaccessible to them, she says.

“We’re taking child developmentand parenting information from sci-ence and making it meaningful toparents,” Lerner said.

Sitesdesigned toprofit from adver-tising and services are part of themix parents can explore. The Website education.com, based in Red-wood City, Calif., launched in June2007. Its goal is to be the site whereparents can find answers about ev-erything to do with education, saysTodd Schwartz, co-founder andchief marketing officer.

“It might be something as basic asa math worksheet for a first-graderto something as serious as informa-tion on autism spectrum disor-ders,” Schwartz said.

It can be sobering to learn the seri-ousness of parental concerns, hesays. Two recent discussions fo-cused on how to home-school achild with Asperger’s, and what todo about a 17-year-old who can’tread.

“You really get a sense of the diffi-culties that parents face on a dailybasis,” Schwartz said.

What’s That Score, Again?The dominant trackers of Web site visitors seldom produce similar numbersU.S. unique visitors in Nov., in millions

comScore143.9

comScore108.8

comScore47.4

Nielsen55

Nielsen86.3

Nielsen119.1

B Y J A M E S D E T A RINVESTOR'S BUSINESS DAILY

Chipmakers have been in quick-sand. Most of them saw sales andearnings sink in 2008.

One of the few that stood on rela-tively firm ground was BroadcomBRCM. The company makes chipsused to power consumer devices,communications gear and othergoods. And it seems to be in bettershape than most of its peers.

Per-share profit ex special itemsrose at double-digit rates in each ofthe past four quarters, with gainsranging from 11% in fourth-quarter2007 to 85% in third-quarter 2008.Analysts, though, say tougher timesare ahead. For the fourth quarter,the consensus of analysts polled byThomson Reuters is that Broad-com’s profit will slip to 27 cents asharefrom34 cents in the year-earli-er quarter.

Like many, Broadcom’s shares fellfor most of the year. From a52-week high above 29 in mid-July,the stock fell to a more than five-year low below 13 in mid-October.But since then, shares have risenabove 17. IBD gives the company aComposite Rating of 91, putting it inthe top 9% of all stocks in perfor-mance in five areas, with extraweight on earnings and stock pricestrength.

In October, Broadcom completedits acquisition of Advanced MicroDevices’AMD digital TV chip busi-ness for $141.5 million. Broadcomwas already in TV chips, but the ac-quisition gives it added clout in thehot market for chips that powerhigh-definition TV sets.

Broadcom’s Dan Marotta recentlyspoke with IBD about the compa-ny’s TV chips strategy.IBD: What are conditions like in theTV chips market?Marotta: TVs as a consumer prod-uct are an exciting product for thefuture. TVs are getting cheaper,more affordable. Regardless ofwhat’s going on with the economy,the manufacturing capability ofthese TV companies is powerful.

There’s a large replacement mar-ket with the number of tube TVsstill out there. Those will quicklybe unbearable to have in yourhome. It will be relatively easy forthe U.S. and the world to removeall these old TVs, like replacing anold couch.IBD: Why did Broadcom buyAMD’s HDTV chip business?Marotta: There are three ele-ments. One, it gets us a larger scalebusiness, more market share. Sec-ond, they have some key custom-ers. The customer overlap is ex-tremely small. It’s an additive deal.

No. 3, they had some technologyand product positions we didn’thave, particularly in the low end.IBD: How’s the process of integrat-ing AMD’s lines coming?Marotta: We’re ahead of schedulewith that. It’s fully integrated. It’s aline of business within Broadcom.

We’re building (chips) and ship-ping them from Broadcom now.We are working on new and oldproducts. It has a long way to go interms of the fine details, though.IBD: What details?Marotta: Just coming up withnew products. There are some newtechnology projects we’re starting,more cooperative efforts we’reworking on. And some otherthings, like their technology will go

into set-top boxes. We’re startingto work on those things outside theDTV (digital TV) business.

DTV is somewhat related to set-top boxes. The AMD chips have alot of 3-D graphics. We’re trying totake advantage of that. We had one3-D chip and they had a whole fam-ily of them.IBD: Are chips for set-top boxes abig part of your business?Marotta: A lot of people that buyHDTVs don’t have HDTV services.That’s a good thing for us. Our set-top box business is a driver for ourgrowth.

If they don’t have HDTV immedi-ately, they have the capability toturn it on with a small fee to a cableTV service provider. We’re theleading set-top box maker in theworld.IBD: What percentage of your totalsales do you expect from the HDTVbusiness in 2009?Marotta: We don’t break that out.It’s not the biggest business atBroadcom, but not the smallest.

IBD: What new chips are you work-ing on for TVs?Marotta: At the value end there isan as-yet-unannounced product.It’s still sampling. That will be forthe lowest-cost segment, 27-inch-and-below TV sets, where cost isall people care about.IBD: When will you launch thatproduct?Marotta: In the first quarter of2009.IBD: Do you have a name for theproduct?Marotta: No. We’re in prototypemanufacturing, first samples.IBD: Liquid crystal display is thebiggest-selling type of HDTV. Howdo LCD TV chips compare withother types of TV chips?Marotta: TV chips don’t distin-guish among LCD and plasma and(older style) rear-projectionHDTVs. The same chips go into allof them (the screens are what’s dif-ferent). Most of our customershave both lines, some plasma andsome LCD.

Plasmas are still high-end(HDTVs) with a powerful dynamicrange — a premier product. ButLCD is a huge manufacturing tech-nology. It continues to get betterand better. It’s taking over theworld.IBD: What companies manufactureyour TV chips?Marotta: We have our chips fabri-cated at about a half-dozen differ-ent fab partners, including TSM-CTSM (Taiwan Semiconductor Man-ufacturing, the biggest chip found-ry), CharteredCHRT, UMCUMC andSilterra.

In Web Searches, It’s Girl PowerFor the fourth straight year, singer Britney Spears was the most-searched term in 2008, with professional wrestling’s WWE at No. 2 again. Alaska Gov. Sarah Palin lost her bid for the vice presidency, but she was Google’s fastest-rising search term.Sources: Yahoo Buzz (buzz.yahoo.com), Google (google.com)

Fastest-rising Google searches (globally, 2008)

Top Yahoo New Year’s-related searches

Top Yahoo searches for 2008 Google searches on Britney Spears relative to total search volume*Ranking

This year Last year

Britney Spears 1 1

WWE 2 2

Barack Obama 3 -

Miley Cyrus 4 -

RuneScape 5 -

RankingThis year Last year

Jessica Alba 6 10

Naruto 7 4

Lindsay Lohan 8 6

Angelina Jolie 9 -

American Idol 10 -

1. Sarah Palin

2 . Beijing 2008

3. Facebook

4. Tuenti

5. Heath Ledger

6. Obama

7. Nasza Klasa

8. Wer Kennt Wen

9. Euro 2008

10. Jonas Brothers

6. Happy New Year MySpace

7. Chinese New Year card

8. Happy New Year graphics

9. Happy New Year clip art

10. New Year’s Eve appetizers

1. Happy New Year’s message

2. New Year’s Eve party ideas

3. New Year greeting cards

4. Happy New Year poems

5. New Year quotes10

20

30

40%

D N O S A J J M A M F J ’08

*vs. her December 2006 peak

Advertisers Want Numbers To Add UpOnline Trackers Being Audited

Nielsen, comScore differon Web site visitor counts,but they dominate market

Broadcom Senior vice

president and general manager, Broadband Communications Group

48 years old B.S., electrical engineering, State University of New York at Buffalo Favorite hobby: reading nonfiction. His latest read was “Over the Edge of the World,” an account of Magellan’s travels.

Dan Marotta

BY THE ASSOCIATED PRESS

BEIJING — China is starting a long-delayed introduction of third-gener-ation mobile phone service, settingoff a politically charged scrambleby foreign and Chinese gear makersfor up to $41 billion in orders.

Chinese sales could be crucial forsuppliers such as MotorolaMOT, Al-catel-LucentALU and Nokia-Sie-mens Networks as global demand

slumps.But how much business interna-

tional firms get depends partly onwhether regulators try to boostChina’s techs by ordering wirelesscarriers to buy domestic products.

Foreigners are likely to get lessthan half of China’s 3G orders, saidDuncan Clark, chairman of BDAChina, a Beijing consulting firm.

“It’s basically an intensely politi-cal process,” Clark said.

INTERNET & TECHNOLOGY

Web Sites Can Make Grade In Educating Parents

C

Q & A

C O M P U T E R S M A D E P L A I N

Broadcom Focuses OnHDTV After AMD Deal

Gear Makers Covet China’s 3G Market

INVESTOR'S BUSINESS DAILY WEDNESDAY, DECEMBER 31, 2008 A 5

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A6 WEDNESDAY, DECEMBER 31, 2008 INVESTORS.COM

Grand Canyon Education LOPE/NDQ 11/20 14.00 12.00 –14.29 18.37 53.08 Comml Svcs-Schools Crdt Suisse Frst BosPansoft Co Ltd PSOF/NDQ 9/ 9 7.00 7.00 0.00 2.20 –68.57 Computer Sftwr-Enterprse Anderson & StrudwickRackspace Hosting Inc RAX/NSE 8/ 8 16.00 12.50 –21.88 5.59 –55.28 Internet-Network Sltns Goldman Sachs & CoChina Mass Mdia Intl ADS CMM/NSE 8/ 3 7.80 6.80 –12.82 1.44 –78.82 Comml Svcs-Advertising Merrill Lynch

China Distance Educ ADS DL/NSE 7/30 8.00 7.00 –12.50 3.60 –48.57 Comml Svcs-Schools CitigroupGT Solar International SOLR/NDQ 7/24 17.50 16.50 –5.71 2.65 –83.94 Energy-Other Crdt Suisse Frst BosEnergy Recovery Inc ERII/NDQ 7/ 2 9.00 8.50 –5.56 7.34 –13.65 Machinery-Gen Industrial CitigroupHong Kong Highpower Tech HPJ/ASE 6/19 3.25 3.25 0.00 2.95 –9.23 Electrical-Equipment Westpark Capital

RHI Entertainment Inc RHIE/NDQ 6/18 18.00 14.00 –22.22 7.32 –47.71 Leisure-Movies & Related Morgan J PFifth Street Finance FSC/NSE 6/12 15.12 14.12 –6.61 7.38 –47.73 Finance-Investment Mgmt Goldman Sachs & CoSafe Bulkers SB/NSE 5/29 22.00 19.00 –13.64 5.65 –70.26 Transportation-Ship Merrill LynchVerso Paper Corp VRS/NSE 5/15 12.00 12.00 0.00 1.03 –91.42 Paper & Paper Products Crdt Suisse Frst Bos

American Capitl Agency AGNC/NDQ 5/15 20.00 20.00 0.00 20.84 4.20 Finance-Reit CitigroupWestern Gas Partners LP WES/NSE 5/ 9 19.00 16.50 –13.16 12.42 –24.73 Oil&Gas-Transprt/Pipelne UBS Investment BankReal Goods Solar RSOL/NDQ 5/ 8 12.00 10.00 –16.67 3.80 –62.00 Energy-Other Canaccord Capital CpColfax CFX/NSE 5/ 8 17.00 18.00 5.88 10.07 –44.06 Machinery-Gen Industrial Merrill Lynch

Maiden Holdings Ltd MHLD/NDQ 5/ 6 10.00 10.00 0.00 3.19 –68.10 Insurance-Prop/Cas/Titl Friedman, BillingsPioneer Southwest Energy PSE/NSE 5/ 1 21.00 19.00 –9.52 12.45 –34.47 Oil&Gas-U S Expl&Prod CitigroupWhiting USA Trust I WHX/NSE 4/25 21.00 20.00 –4.76 10.91 –45.45 Oil&Gas-U S Royalty Tr Raymond James & AssoHatteras Financial HTS/NSE 4/25 26.00 24.00 –7.69 26.06 8.58 Finance-Reit Keefe Bruyette Woods

American Water Works AWK/NSE 4/23 26.00 21.50 –17.31 19.75 –8.14 Utility-Water Supply Goldman Sachs & CoIntrepid Potash Inc IPI/NSE 4/22 29.00 32.00 10.34 19.92 –37.75 Chemicals-Fertilizers Goldman Sachs & Co

THE NEW AMERICA

Date Offering Current % change EPS RSCompany Symbol offering price price from offer Rating Rating Industry group Lead underwriter

B Y P A U L A L . S T E P A N K O W S K YFOR INVESTOR'S BUSINESS DAILY

Tower Group built its business byselling property and casualty insur-ance to individuals and small andmidsize businesses in New YorkCity and the surrounding areas —customers often ignored by insur-ance giants.

With two acquisitions poised forapproval, TowerTWGP is well posi-tioned to duplicate its successfulstrategy in the Southeast and otherparts of the country, analysts say.When current market turmoil qui-ets, Tower will attract more inves-tor attention, they say.

“It’s important for investors tofocus on companies with strong bal-ance sheets and companies thathave niche markets, and Tower fitsthat very well,” said Michael Grash-er, an analyst at Piper Jaffray.

Doing the extra work necessary tosell insurance products to smallercustomers (thinkdelis and dryclean-ers) has paid off for New York-based Tower, which went public in2004 and has shown solid gains inearnings and assets since then.

Difficult BusinessBecause of its niche, Tower hasn’t

had the problems other insurershave had in the last year, Grashersays.

“It’s a very difficult business towrite at that end of the market andhave the economies of scale to han-dle all these policies,” he said.

Becauseof its focuson smaller busi-

nesses, Tower’s pricing has held uprelatively well despite soft condi-tions in the overall property and ca-sualty business at present, says RajSharma, an analyst at Polestar In-vestment Research.

“Their niche is the smaller market,but only where they can underwriteprofitably in the next two to threeyears,” Sharma said. “If not, theydon’t do it.”

On the competitive front, big insur-ers such as Allstate aren’t set up tobeprofitable in this niche, and small-er competitors are fragmented andnot as well capitalized, says Sharma,who owns some Tower stockthrough funds he manages.

Tower’s strategy to raise capitalalso helps differentiate it from com-petitors,analysts say.While other in-surance companies might sell stock

to raise capital, says Sharma, Towermakes acquisitions to get access cap-ital that it then deploys in otherparts of its business.

“What Tower does really well ishow it gets additional capital with-out diluting shareholders’ base,”Sharma said.

Despite challenging conditions inthe broader markets this year,Tower Group reported net incomeof $16.7 million, or 72 cents a share,compared with net income of $14.4million, or 62 cents a share, in the2008 third quarter ended Sept. 30.

Excluding realized investmentgains or losses, a common perfor-mance measurement for insurancecompanies, the company’s net in-come was $18.5 million in the quar-ter, a 28% increase over year-ago fig-ures, and its diluted earnings were79 cents a share, a 27.4% increase.

Total third-quarter revenue in-creased to $130.7 million, a 16.7%gain over $112 million the previousyear. Gross premiums written in-

creased to $157.2 million in the thirdquarter, a 23.1% increase from theyear-ago period.

Company officials weren’t avail-able for comment because of thepending acquisitions, but Chief Ex-ecutive Michael Lee said at the timeof the third-quarter release thatthanks to measures the companytookduring the past year to strength-en its investment portfolio, Tower’sbalance sheet “remains strong andwell positioned to support our busi-ness plan going forward.”

Tower has said it expects fourth-quarter earnings per share, exclud-ing realized investment gains andlosses, to be between 80 and 85cents a share, and for the year be-tween $2.85 and $2.90.

For 2009, Tower forecasts dilutedearnings of between $3.20 and$3.40, excluding realized invest-ment gains and losses and includingthe effectsof the two acquisitions an-nounced in August.

Analysts surveyed by Thomson Re-uters expect the company to earn 81cents in the fourth quarter and $2.87for the year. For 2009, analysts ex-pect the company to earn $3.25.

The two pending acquisitions willincrease the company’s geographicreach, which has historically cen-tered around New York City and itsboroughs, New Jersey and Pennsyl-vania. Tower has also moved intothe wholesale market in Texas, Cali-fornia and Florida, and it has licens-es in 11 states.

“I do believe that Tower can ex-pand at a faster rate than they have

been,” Sharma said, “but they play itsafe. They don’t want to getstretched.”

New AcquisitionsIn one transaction, Tower will ac-

quire CastlePoint HoldingsCPHL,which will expand Tower’s under-writing capacity and diversify itsbusiness, particularly in the reinsur-ance market, analysts say. Share-holders are scheduled to vote onthis transaction at the end of Janu-ary.

In the second transaction, Castle-Point Reinsurance Co., a Bermuda-based subsidiary of CastlePoint, willacquire Hermitage InsuranceGroup, a specialty property and ca-sualty insurance subsidiary ofBrookfield Asset Management.This deal is anticipated to close afterTower’s acquisition of CastlePoint.

The Hermitage transaction givesTower an insurance platform cover-ing 29 states and the District of Co-lumbia, as well as subsidiaries withadmitted licenses in 10 states. Thetransaction also gives access to 150new retail agents in the Southeastwho have no overlap with Tower orCastlePoint’s existing operations,analysts say.

“Tower Group has to hit a homerun in the integration of these twoacquisitions,’’ said Grasher, addingthat the company has the knowl-edge and experience to execute thetransactions smoothly. “If they do,the growth that investors have be-come accustomed to will be seen in2009.”

Leading New Issues

T O W E R G R O U P I N C . New York, New York

After New York Success, Niche Insurer Tries To Conquer New Worlds

CastlePoint HoldingsCPHL rose 4.9% in me-dium volume Tuesday to close at 13.10. Thereinsurer has climbed more than 80% fromits all-time low on Oct. 28 and is within 2% ofthe high it hit briefly on Sept. 19. CastlePointis preparing to merge with TowerGroupTWGP, which provides 75% of its sales.

Prices Of Recent IPOsHigh % Chg % Chg

Symbol/ Offer Filing Offer From Current FromCompany Exchange Date Price Price Filing Price Offer Industry Group Lead Underwriter

AFTER MARKET

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Grand Canyon Education LOPE 11/20/08 12.00 18.37 53.1 62 99 Comml Svcs-Schools Crdt Suisse Frst BosHatteras Financial HTS 4/25/08 24.00 26.06 8.6 2 96 Finance-Reit Keefe Bruyette WoodsAmerican Capital Agency AGNC 5/15/08 20.00 20.84 4.2 1 96 Finance-Reit CitigroupAmerican Water Works AWK 4/23/08 21.50 19.75 –8.1 41 87 Utility-Water Supply Goldman Sachs & CoEnergy Recovery Inc ERII 7/ 2/08 8.50 7.34 –13.7 71 70 Machinery-Gen Industrial CitigroupWestern Gas Partners LP WES 5/ 9/08 16.50 12.42 –24.7 98 78 Oil&Gas-Transprt/Pipelne UBS Investment BankPioneer Southwest Energy PSE 5/ 1/08 19.00 12.45 –34.5 95 56 Oil&Gas-U S Expl&Prod CitigroupIntrepid Potash Inc IPI 4/22/08 32.00 19.92 –37.8 97 30 Chemicals-Fertilizers Goldman Sachs & Co

Tower Grouptwrgrp.com

Ticker TWGPShare price Near 2512-month sales $460 mil5-year profit growth rate 63%

IBD SmartSelect Corporate Ratings

Composite Rating 99Earnings Per Share 95Relative Price Strength 90Industry Group Rank 9Sales+Profit Margins+ROE AAccumulation/Distribution B+

See Investors.com for more details

Tower Of GrowthServing small business in New York and its suburbs, Tower Group is ready to duplicate its success in the Southeast

Source: Company filings

Assets

Operating earnings Earnings per share

In billions

In millions

0

0.3

0.6

0.9

1.2

$1.5

’07’06’05’04

0

10

20

30

40

$50

’07’06’05’040.50

1.00

1.50

$2.00

’07’06’05’04

CastlePoint Nearing 52-Week HighIBD New Issues Index

INVESTOR'S BUSINESS DAILY WEDNESDAY, DECEMBER 31, 2008 A 7

How To Read Mutual Fund Tables & GraphsFund tables list 4,000 funds in the IBD Monday Special/IBD Weekly Special edition and 2,200 funds on other days.The list is composed of funds with a 36-Month Performance Rating of A+, A or A- and with at least $200 million in as-sets, plus funds ranked by assets regardless of performance rating. All other funds can be found at www.investors.com/data and at dailygraphs.com’s Fund Center. O Denotes independent fund that does not belong to family listed above.Each 36-Month Performance Rating, vs. all other mutual funds, is recalculated each month on a total return basis. Alldividends and capital gains included. Daily accrual fund returns are calculated on a monthly basis. A+=Top 5%, A=Top10%, A#=Top 15%, B+=Top 20%, B=Top 25%, B#=Top 30%, C+=Top 35%, C=Top 40%, C#=Top 45%, D+=Top 50%,D=Top 60%, D#= Top 70%, E=Below 70%. A+, A, A# and B+ 36-Month Performance Ratings are all boldfaced. %changes are on a total return basis. Top 2% of funds in % performance yesterday are boldfaced. Performance of incomefunds may be compared to other income funds, bond funds to other bond funds, etc. Fund company family names areboldfaced. Fund family assets as of 11/30/08. b=assets used to pay 12(b)(1) plan distribution costs, r=redemption chargemay apply, n=no initial load and appears after Net Asset Value, m=multiple fees, p=previous day’s quote, s=split, x=ex-dividend or capital gains distribution. 5-Yr After Tax Rtn=5 year after-tax return assuming an average ordinary incometax rate of 35% on dividends and a 15% long-term capital gains tax rate. The top 25% of growth funds for the past 3 yearsthat are beating the S&P 500 this year are shown graphically each day on the first Mutual Funds page. All figures are ona total return basis. Funds shown in the two daily performance lists have at least $125 million in assets and a 36-MonthPerformance Rating of B or better, unless otherwise noted.

For Tuesday, December 30, 2008

—A—Access Capital Strat$ 514 mil 617–236–7274

.. CommInvmnt .. no quoteAdvisorOne Funds$ 601 mil 866–811–0225

–47 Amerigo N x + 2 8.22n –.27AIG Retirement I$ 10.3 bil 800–572–1980

–53 ForeignVal – 8 6.14 +.19–29 GblStrat – 4 9.19 +.13–40 Growth + 6 6.89 +.16–43 IntlGrowI + 8 7.61 +.19–47 MidIndex – 7 12.14 +.39–46 Sci&Tech + 7 7.93 +.19–44 SmallIdx – 3 9.08 +.31–49 StckIdx –13 18.33 +.44

AIG Retirement II$ 2.8 bil 800–572–1980

–46 IntlSmEq 0 9.27 +.15–42 MidVal + 7 10.04 +.31–40 SocRespbl + 3 7.49 +.18

AIM Funds A$ 19.4 bil 800–959–4246

–52 Basic Value b + 8 13.05 +.41–48 Cap Dvlp b + 7 9.54 +.20–30 Charter b + 4 11.43 +.26–43 Constlatn b + 6 16.67 +.33–53 Develp Mkts m + 9 15.08 +.31–45 Energy b + 5 24.38 +.50–47 Euro Grwth m +10 20.36 +.42–29 GlbHlthCare b + 9 19.82 +.32–50 GlbSmMidGr + 8 10.79 +.22–41 Intl Growth + 9 18.44 +.33–39 Lrg Cap Gr b + 7 8.14 +.17–29 Mid Core Eq b + 5 15.81 +.38– 4 Muni Bond b + 1 7.34 +.01–39 Real Estate b +18 13.50 +.59–40 Sml Cap Gr b + 7 16.38 +.54+12 USGovt + 3 9.22 ..

AIM Funds Instl$ 2.1 bil 800–554–1156

–41 Intl Growth + 9 18.65n +.34AIM Funds P$ 1.4 bil 800–959–4246

–38 Summit P b + 5 8.57n +.16AIM Funds Investor$ 4.0 bil 800–554–1156

–28 Diverse Div b + 5 8.82 +.21–48 Dynamics b + 7 12.38n +.23–45 Energy b + 5 24.30n +.51–29 GlbHlthCare + 9 19.83 +.33

Alger Instl$ 1.7 bil 800–992–3863

–44 Cap Appr + 7 12.13n +.30–60 Mid Cap Gr + 9 7.71n +.26–48 Small Grow + 8 14.96n +.43

Allegiant I$ 2.9 bil 800–622–3863

0 Bond + 3 9.68n +.01+ 3 Intrmd Bond + 3 10.63n +.02– 3 Tot Retrn b + 4 9.34n +.04

Alliance Brnstn A$ 14.7 bil 800–221–5672

–33 Bal Wealth + 7 8.54 +.14–29 Balanced +10 11.59 +.23–46 GlbThemeGr +12 41.86 +1.05–11 GloblBond + 3 6.74 +.01–41 Gr & Inc +13 2.43 +.08–44 Growth + 6 23.35 +.52–27 HiIncome b + 5 5.73 +.05–50 Intl Growth +11 10.26 +.23–54 Intl Val + 9 10.25 +.20–32 Lrg Cp Grow +21 15.89 +.33– 8 Muni CA 0 9.59 +.02–10 Muni Natl 0 8.60 +.02– 5 Muni NY + 1 8.94 +.03–44 Wealth Appr + 8 8.12 +.18

Alliance Brnstn Adv$ 3.5 bil 800–221–5672

–54 Intl Val + 9 10.45n +.20–44 Wealth Appr + 8 8.12n +.18

Alliance Brnstn B$ 2.4 bil 800–221–5672

–33 Bal Wealth + 7 8.50n +.14Alliance Brnstn C$ 3.7 bil 800–221–5672

–33 Bal Wealth + 7 8.51n +.14–12 GloblBond + 3 6.77n +.02–54 Intl Val + 9 10.01n +.19

Alliance Brnstn I$ 3.1 bil 800–221–5672

–46 GlbRlEstII +13 6.09n +.10–54 Intl Value + 9 10.31 +.20– 5 Intmd Dur + 4 13.55n +.02

Allianz A$ 5.7 bil 800–426–0107

–37 NFJ Div Val + 7 9.43 +.24–45 NFJ IntlVal +12 13.63 +.39–28 NFJSmlCpVal + 8 18.60 +.57

Allianz Admin$ 1.0 bil 800–426–0107

–28 NFJSmlVal + 8 18.58n +.57Allianz C$ 2.2 bil 800–426–0107

–38 NFJ Div Val + 7 9.41n +.24Allianz Instl$ 4.2 bil 800–426–0107

–37 NFJ Div Val + 8 9.52n +.24–28 NFJSmlCpVal + 8 19.41n +.59–33 † AlphaHedg 0 8.94n ..

Alpine Funds$ 1.4 bil 888–785–5578

–50 Dynamic Div + 5 4.98 +.13–71 Intl RealEst +16 11.24n +.22+ 4 UShTxOptInc 0 10.03n ..

Am Beacon AMR$ 1.0 bil 800–388–3344

–40 Large Cap Val + 6 13.40n +.34Am Beacon Inst

$ 4.1 bil 800–388–3344–41 Intl Equity +12 12.53n +.37–40 Large Cap Val + 6 13.57n +.35+ 3 Sh Term Bd 0 8.68n +.01–34 Sml Cap Val +10 11.38n +.40

Am Beacon Pln$ 4.6 bil 800–388–3344

–41 Intl Equity +12 12.39n +.37–40 Large Cap Val + 6 12.93n +.33–34 Sml Cap Val +10 11.14n +.39

Amana Funds$ 1.2 bil 800–728–8762

–30 Growth + 6 16.04n +.28–24 Income + 4 23.45n +.41

Amer Cent A$ 4.2 bil 800–345–2021

–21 Equity Inc + 6 5.96 +.12–27 StrAlloMod + 5 4.90 +.08

Amer Cent Adv$ 1.6 bil 800–345–2021

– 1 Infltn Adj + 4 10.60n ..Amer Cent Instl$ 5.5 bil 800–345–2021

–21 Equity Income + 6 5.96n +.12–36 Income & Gr + 7 18.23n +.46–38 LrgCoVal + 5 4.23n +.11

Amer Cent Inv$ 37.7 bil 800–345–2021

–30 1ChoiceMod x 0 8.70n –.32–21 Balanced + 4 12.28n +.18–14 CA Hi Yld – 3 8.03n +.02– 7 CA LgTmTxFr 0 9.88n +.03– 1 CA TxFreeBd 0 10.49n +.02+ 6 Divers Bd + 3 10.24n +.02–36 EquityGrow + 5 15.34n +.37–21 EquityInc + 6 5.96n +.12–47 Giftrust + 6 16.80n +.48+ 7 Ginnie Mae + 1 10.54n ..–29 Glbl Gold Eq +32 13.93n –.11+ 6 Govt Bond + 2 11.20n +.01–39 Growth + 6 16.10n +.36–47 Heritage + 6 11.50n +.33–36 Income & Gr + 7 18.22n +.46

0 Infltn Adj + 4 10.63n ..+ 3 Intl Bond + 8 14.24n +.05–52 Intl Disc +10 6.68n +.15–45 IntlGrowth + 9 7.40n +.19–38 LrgCoVal + 5 4.23n +.11–46 Real Estate +21 11.14n +.50–40 Select + 7 24.41n +.56+ 4 ShTerm Govt + 1 9.60n ..–30 Sm Cp Value +10 5.20n +.16–27 StrAlloMod + 5 4.90n +.07+ 7 Target 2010 0 105.21n +.05+14 Target 2015 + 3 98.42n +.07+30 Target 2020 +18 77.93n +.42+38 Target 2025 +15 74.52n +.71– 1 Tax Free + 1 10.27n +.02–42 Ultra + 6 14.29n +.29–32 Utilities + 2 12.32n +.22–28 Value + 4 4.34n +.10

–50 Vista + 5 10.86n +.26Amer Indepen$ 494 mil 888–266–8787

+ 2 KSTaxExBdIn r + 1 10.41n +.02American Fds B$ 29.4 bil 800–421–4120

–39 AMCAP + 6 11.44n +.30–27 Balanced + 4 13.63n +.22–13 BondFdAm + 3 10.77n +.05– 1 Cap Wrld Bd + 7 18.84n +.08–31 CapIncBldr + 7 41.37n +.67–39 CpWrldG&I + 9 26.35n +.65–41 EuroPac Gr +11 27.79n +.59–41 Fundmntl + 7 24.66n +.54–40 Gr Fd Amer + 6 19.68n +.40–29 Hi Inc Tr + 4 7.76n +.10–30 Inc Fd Am + 6 12.90n +.22–36 Inv Co Am + 5 20.72n +.44–31 Mutual + 5 18.74n +.37–39 New Pers + 9 18.53n +.40–50 SmCpWrld + 9 19.44n +.51+ 7 US Gov Sec + 2 14.18n +.01–35 Wash Mut + 4 20.98n +.48

American Funds A$ 511 bil 800–421–4120

–38 AMCAP + 6 11.95 +.31–26 Balanced + 4 13.67 +.21–12 Bd Fd Am + 3 10.77 +.05–30 CapIncBldr + 7 41.37 +.67–39 CapWld G&I + 9 26.48 +.66

0 CapWrldBd + 7 18.96 +.08–41 EuroPac Gr +11 28.02 +.60–40 Fundmntl + 7 24.72 +.54–40 Gr Fd Amer + 6 20.28 +.42–19 High Inc Muni – 5 11.49 +.02–28 High Income + 4 7.76 +.10–29 IncFd Amer + 6 12.98 +.22– 2 Interm Bond + 1 12.72 ..–35 Inv Co Am + 5 20.81 +.44– 1 Ltd Tax Ex + 1 14.50 +.03–31 Mutual + 5 18.87 +.37–42 New Econ + 8 15.48 +.38–38 New Pers + 9 18.79 +.41–47 New World + 9 31.25 +.55+ 1 ShrtTermBd + 1 9.83 ..–50 Sm Cp Wrld + 9 20.41 +.54–12 Tax Ex CA – 2 13.63 +.03– 4 Tax Ex VA 0 14.98 +.03– 7 Tax ExBdAm – 1 10.88 +.04+ 8 US Gov Sec + 2 14.18 +.01–34 Wash Mutl + 5 21.11 +.49

Aquila Funds$ 1.8 bil 800–228–4227

– 3 AZ Tax Free A + 1 9.69 +.02+ 1 HI Tax Free A + 1 10.93 +.02– 2 OR Tax Free A + 1 10.15 +.02

Ariel Mutual Fds$ 1.9 bil 800–292–7435

–42 Appreciation +11 21.14n +.76–50 Ariel +10 22.93n +.89

Artio Global Funds

$ 18.6 bil 212–297–3600–42 IntlEqIIA + 5 9.90 –.05–42 IntlEqIII + 5 9.95 –.07–45 IntlEqty A + 7 24.17 +.25–45 IntlEqty I + 7 24.71 +.16+ 1 Tot Retrn I + 4 12.66n +.01+ 1 TotRetrn A + 5 12.70n +.01

Artisan Funds$ 15.1 bil 800–344–1770

–47 Intl +12 14.96n +.38–30 Intl Val I + 8 17.56n +.25–51 IntlSmlCap +14 11.13 +.39–45 Mid Cap + 8 16.68n +.49–29 Mid Cap Val +13 12.69n +.42–46 Small Cap +10 9.13n +.31–29 Small Cap Val + 8 9.59n ..

Asset Mgmt Fds$ 1.3 bil 800–527–3713

–21 UltraShMort – 4 7.30n –.03AssetMark Funds$ 1.7 bil 800–664–5345

– 8 Cor Pl Fxd + 3 7.97n ..ASTON Funds$ 2.3 bil 800–992–8151

–33 Mont&CldGrI + 5 17.18n +.30–33 Mont&CldGrN + 5 17.14n +.31–46 OptimumMidN + 4 15.35n +.47

—B—Baird Funds$ 1.7 bil 800–792–2473

– 2 AggregteBd + 2 9.78n +.03– 1 IntmBdInst + 1 10.01n +.02

Barclays Glob Inv$ 2.0 bil 888–204–3956

–26 Lfpth2020 I + 6 12.21n +.20Baron Funds$ 16.0 bil 800–992–2766

–42 Asset + 8 34.87n +1.03–41 Growth + 6 30.08n +.73–48 Partners + 6 11.89n +.37–42 Small Cap + 9 13.88n +.40

BB & T Funds$ 1.4 bil 800–228–1872

+ 3 TotRetBdIns + 2 10.10n +.01BBH Funds$ 834 mil 800–625–5759

–37 Intl Eq N + 7 9.74n ..Bernstein Funds$ 20.7 bil 212–756–4097

+ 1 CA Muni + 1 13.93n +.02+ 2 Diversifd Muni + 1 13.92n +.01–57 Emerg Mkts +11 15.54n +.33–49 Intl + 9 12.14n +.21– 5 Intrmd Dur + 4 11.85n +.01+ 1 NY Muni 0 13.54n +.01– 4 Sh Dur Plus + 1 11.27n +.01+ 3 ShDurDivMuni 0 12.52n +.01–49 Tx Mg Intl + 9 12.15n +.24

Berwyn Funds$ 336 mil 800–992–6757

–12 Income x + 2 10.24n –.07Blackrock A$ 25.7 bil 800–441–7762

–29 BalCaptial + 6 16.86 +.31

–38 BasicVal + 8 17.70 +.47–34 Equity Div + 4 13.07 +.26–40 Fndmtl Gr + 6 14.02 +.29–21 Glob Alloc + 7 14.88 +.20–54 Glob Res b + 2 17.63 +.53+ 6 Govt Inc + 3 10.84 ..–20 HealthSciOp b + 8 21.56 +.36–29 HiYld Bd + 2 5.05 +.08+ 5 IntGovtBd + 2 10.51 –.01–38 Lg Core +10 8.15 +.23–37 Lg Value +10 11.61 +.33– 9 Natl Muni – 1 8.91 +.03–38 S&P500Idx + 5 10.83n +.26–12 TotalRet + 4 9.62 +.01

BlackRock B$ 3.7 bil 800–441–7762

–22 Glob Alloc + 7 14.56n +.20BlackRock BlRk$ 2.3 bil 800–441–7762

– 8 TotalRet + 4 8.34n +.01BlackRock C$ 14.3 bil 800–441–7762

–38 Basic Value + 8 16.68n +.44–34 Equity Div + 4 12.84n +.25–40 Fndmtl Gr + 6 12.62n +.26–22 Glob Alloc + 7 13.96n +.19–39 Lg Core +10 7.60 +.22–37 Lg Value +10 10.96 +.31

BlackRock I$ 1.3 bil 800–441–7762

–36 Lg Value +10 11.80 +.35– 8 PA Muni 0 9.65 +.01

BlackRock Instl$ 21.3 bil 800–441–7762

– 4 AMTFrMuniBd 0 9.73n +.03–29 Bal Cap + 6 16.90 +.31–37 Basic Value + 8 17.79 +.48–33 Equity Div + 4 13.08 +.25–40 FndmtL Gr + 6 14.45 +.30–21 Glob Alloc + 7 14.93 +.20+ 8 GNMA + 2 10.06n –.01– 2 IntermdBdII + 3 8.72n ..+ 6 IntGovtBd + 2 10.49n –.01–43 Intl Val +10 16.27 +.33–38 Lrg Core +10 8.32 +.23– 7 Managed Inc + 4 8.96n +.02– 8 MuniInsred + 2 6.74 +.03– 9 Natl Muni – 1 8.91 +.03–38 S&P500Idx + 5 10.84n +.25–41 SmGrEq + 8 14.10n +.37–12 TotalRet m + 4 9.61 +.01– 8 TotalRetII + 4 8.32n ..

Blackrock R$ 1.1 bil 800–441–7762

–21 Glob Alloc + 7 14.45n +.20BlackRock Svc$ 1.2 bil 800–441–7762

– 3 IntermdBdII + 3 8.72n ..– 9 LowDurBd + 1 8.62n +.01

BNY Mellon$ 9.4 bil 212–495–1784

+ 6 Bond M + 3 12.64 +.02–48 Emg Mkts M +14 5.85n +.12+ 6 Int Bond M + 2 12.54n +.01–40 Intl M +11 8.35n +.23–40 Lrg Stk M + 6 5.86n +.14

0 MAIntMuniM + 1 12.15 +.04–42 Mid Stk M + 9 7.12n +.21– 3 NatlIntMunM 0 12.15n +.03– 4 PAIntMunM 0 11.58n +.01–37 Sml Stk M + 8 7.82n +.26

Brandes$ 554 mil 800–237–7119

–37 InstIntlEqI +13 12.60n +.28Brandywine Fds$ 5.4 bil 800–656–3017

–44 Blue + 5 19.63n +.40–45 Brandywine + 4 19.93n +.47

Bridgeway Funds$ 1.5 bil 800–661–3550

–56 Aggr Inv 2 + 8 9.63n +.28Buffalo Funds$ 1.7 bil 800–492–8332

–32 Small Cap + 9 15.96n +.50

—C—– 5 † C&O MktOpp – 1 20.52n +.12

Calamos Funds$ 14.6 bil 800–823–7386

–32 Gr & Inc A + 8 21.21 +.37–32 Gr & Inc B + 8 23.97n +.42–32 Gr & Inc C + 8 21.33n +.37–51 Growth A + 7 28.74 +.71–51 Growth B + 7 29.00n +.72–51 Growth C + 7 26.54n +.65–51 Growth I + 7 31.14n +.77–14 Mkt Neut A + 4 10.30 +.11–15 MrktNeutC + 4 10.46n +.11

Calvert Group$ 8.3 bil 800–368–2745

–12 Income A 0 13.75 +.08–13 Income C 0 13.75 +.09–47 LrgCapGrA + 6 18.97 +.41– 1 ShDurInc A + 1 15.17 +.04– 5 Social Bd A 0 14.13 +.04–36 Social Eq A + 5 22.57 +.54

Cambiar Funds$ 1.0 bil 866–777–8227

–42 OpportInv x +11 10.84n +.27Causeway Funds$ 1.7 bil 866–947–7000

–42 Intl Val Ins r +14 8.62n +.28–42 Intl Val Inv r +14 8.59n +.29

CG Cap Mkt Fds$ 6.1 bil

0 CorFxInc + 5 7.78n +.02–55 EmergMkts +12 8.59n +.16–46 IntlEq +10 7.00n +.11+ 3 IntlFxInc + 2 7.26n –.01–42 LgCapGr + 7 9.05n +.22–40 LgCapValEq + 9 6.55n +.19

CGM Funds$ 5.6 bil 800–345–4048

–49 Focus + 9 26.88n +.65–29 Mutual + 8 22.56n +.25–49 Realty +24 15.76n +.71–26 † ChampSmCo +10 9.25n +.32

Chesapeake Fds$ 373 mil 800–525–3863

–51 Core Growth + 6 9.80n +.26–52 † Clipper x + 1 39.21n +.22+ 1 † CO Bond A – 1 9.02 ..

Cohen & Steers$ 6.8 bil 800–437–9912

–37 Instl Realty +20 22.94 +.95–48 IntlRltyA + 8 8.36 +.09–48 IntlRltyC + 8 8.32 +.10–48 IntlRltyI + 8 8.38 +.09–37 RltyShrs +20 35.28 +1.49

Columbia A$ 19.7 bil 800–345–6611

–40 Acorn + 8 16.79 +.56–51 Acorn Sel + 7 13.31 +.52+ 9 Fed Secs + 2 10.99 –.01–38 Lrg Cap Val + 6 8.31 +.19–43 Marsico Gr + 6 13.10 +.25–46 Marsico21st + 7 8.93 +.16–43 Mid Cap Val + 5 8.23 +.25–41 MrscoFocEq + 5 14.55 +.28–31 SmCpVal I + 9 28.12 +.96– 6 Strat Inc + 4 5.19 +.03– 8 Tax Exempt 0 11.90 +.02

Columbia B$ 2.2 bil 800–345–6611

–41 Acorn + 8 15.81n +.53Columbia C$ 3.4 bil 800–345–6611

–41 Acorn + 8 15.70n +.53–43 Marsico Gr + 5 12.12n +.23–46 Marsico21st + 7 8.46n +.16

Columbia Z$ 54.3 bil 800–345–6611

–40 Acorn + 8 17.27n +.58–46 Acorn Intl +12 23.04n +.58–51 Acorn Sel + 7 13.60n +.53–41 Acorn USA + 6 15.96n +.51+ 1 Bond + 3 8.80n +.01– 1 CA Intermd + 1 9.13n +.01

0 CoreBond Z + 3 10.10n ..–29 Div Inc Z + 6 10.16n +.22–45 EngNatRes + 1 13.93n +.27–23 Hi Yld Muni – 7 7.87n +.01–25 High Income + 2 5.85n +.06

–11 Income + 4 7.84n +.03–47 Intl Equity +12 9.04n +.23–35 Intl Value +13 11.78n +.23– 6 Intmd Bond + 3 7.83 +.01

0 IntmdBond + 3 6.85n +.01– 2 IntmMuniBd 0 9.66 +.02–41 Large Gr + 6 15.07n +.37–38 Lg Cap Idx + 5 17.09n +.41–38 Lrg Cap Val + 6 8.32n +.19–37 LrgCapCore + 5 9.33n +.22–37 LrgEnCore + 6 8.71n +.21+ 1 MA Intm Mun + 2 10.12n +.03–43 Marsico Gr + 6 13.29n +.25–46 Marsico21st + 7 9.08n +.16–51 MarsicoIntl +12 7.95n +.20–45 Mid Cap Gr + 8 14.01n +.38–43 Mid Cap Val + 5 8.23n +.24–38 MidCap Idx +10 6.64n +.21–40 MrscoFocEq + 5 14.84n +.28– 1 NY Intm Mun + 1 11.13n +.03

0 OR IntmMuni + 1 11.64n +.03–45 Sel Lg Gr + 9 6.83n +.15–43 Sel Small + 5 10.21n +.35– 1 Sh Trm Bond + 1 9.38n +.01+ 4 Sh Trm Muni 0 10.34n +.01–33 Sm Cap Indx +10 10.85n +.38–36 SmCpVal II + 9 8.56n +.32– 6 Strat Inc + 4 5.13n +.02–42 Strat Inv + 7 11.81n +.29– 8 Tax Exempt 0 11.90n +.02– 4 TotRet Bond + 3 8.78n +.02+14 US Trea Idx + 3 12.01n +.01– 1 VA Intm Mun + 1 10.29n +.02–48 Val&Restrc + 9 28.89n +.80

Commerce Funds$ 1.2 bil 800–305–2140

+ 2 Bond + 2 18.16n –.02+ 4 † CRAQualInv b + 110.61n ..

Credit Suisse Common$ 779 mil 800–577–2321

–37 CommodRtn – 2 7.41 +.02CRM Funds$ 2.0 bil 800–276–2883

–36 Mid Val Ins + 5 18.58n +.53

—D—E—Davis Funds A$ 18.5 bil 800–279–0279

–47 Financial + 6 19.30 +.57–41 NY Venture + 5 23.24 +.59

Davis Funds B$ 1.0 bil 800–279–0279

–41 NY Venture + 5 22.38n +.57Davis Funds C&Y$ 9.8 bil 800–279–0279

–41 NY Venture C + 5 22.52n +.57–41 NY Venture Y + 5 23.46n +.59–39 † Delafield + 9 14.66n +.52

Delaware A$ 8.0 bil 800–523–4640

– 4 DivrsInc A + 3 7.94 +.04–35 LargeCapVal + 8 11.27 +.29+ 2 LtdTrmDiv + 1 8.19 +.01– 5 Tax Fr CO Ins 0 9.84 ..– 4 Tax Fr MN + 1 11.33 ..– 7 Tax Fr PA 0 7.11 ..– 7 TaxFrUSA 0 10.00 ..– 1 TaxFrUSA Int + 1 10.78 ..

Delaware Instl$ 925 mil 800–828–5052

–45 US Growth + 6 8.87n +.19Delaware Pl Tr$ 2.3 bil 800–231–8002

–45 Emerg Mkts +10 6.01n +.13–38 Intl Equity + 9 11.19n +.30–37 Labor Intl + 9 11.15n +.29

DFA Investment$ 70.1 bil 310–395–8005

+ 4 1 Yr Fixed Inc + 1 10.27n +.01+ 4 2Yr Glbl Fxd + 1 10.19n +.01+ 9 5 Yr Gov + 1 10.92n –.01+ 4 5GlbFxdInc + 1 10.97n +.01–49 Emerg Mkts +12 16.32n +.37–55 Emg Mkt Sml +16 9.85n +.22–51 EmMktCorEq +13 10.05n +.26–54 EmrgMktValI +16 16.91 +.40

–26 Glbl60/40 I + 6 9.25 +.15–41 Global Eq I + 9 8.60 +.22– 1 InfProtSec + 4 10.00 –.01–44 Intl Small Co +11 10.21n +.18–42 Intl SmCpVal +12 10.98n +.17–47 Intl Value +12 12.47n +.23–47 Intl Value III +12 11.67n +.22–44 IntlCoreEq +11 7.42n +.13–52 IntlRealEst + 9 3.92 +.02+14 Intrm Govt + 3 12.70n +.02–42 Lg Cap Intl +11 14.69n +.26–40 Real Estate +22 13.38n +.58+ 3 Sh Trm Muni + 1 10.12n ..–37 TAUSCorEq2 + 7 5.75n +.17–41 TaxMg US Sm + 8 13.81n +.45–40 TaxMgTgtVal + 9 12.66n +.46–45 TxM Intl Val +11 10.36n +.18–43 TxM US MkVl + 9 9.53n +.33–43 TxM US MkVl II + 8 9.16n +.32–37 TxMgdUSEq + 6 9.56n +.22–38 US Cor Eq 1 + 7 7.16n +.19–38 US Cor Eq 2 + 7 7.05n +.21–42 US Lg Cap Val + 8 13.18n +.42–38 US Lg Co Instl + 5 6.98n +.17–42 US LgCapVal 3 + 8 10.08n +.32–38 US Lrg Co + 5 26.17n +.63–39 US Micro Cap + 8 8.00n +.26–38 US Small Cap + 8 11.79n +.40–39 US Sml Val + 9 14.25n +.51–39 US VectorEq + 8 6.71n +.23–36 USTgtVal +10 9.61n +.35

Diamond Hill Funds$ 2.9 bil 614–255–3333

–25 LgShtA x + 2 13.69 +.05–25 LongShortI x + 2 13.73n –.01

Dodge&Cox$ 85.6 bil 800–621–3979

–36 Balanced + 4 49.60n ..– 2 Income + 4 11.64n ..–47 Intl Stock +11 21.80n +.55–44 Stock + 7 73.61n +2.05

Domini Soc Inv$ 732 mil 800–762–6814

–39 Equity + 7 19.31n +.52Dreyfus$ 28.6 bil 800–645–6561

+11 100% US Tr In + 1 13.79n –.01–33 Appreciation + 4 27.93n +.51–38 Bas S&P500 + 5 18.11n +.43+ 5 Bd Mkt Inv + 3 10.27n +.01–34 Bos Sml Val + 6 14.23n +.48– 7 CAAMTFrMuZ 0 13.08n +.02–39 Disc Stock + 6 20.75n +.49–39 Dreyfus Fund + 5 6.05n +.12–47 Emg Mkts A +13 6.71 +.16+ 6 GNMA Z + 2 14.63n –.01–41 Growth & Inc + 6 9.37n +.21– 6 Intm Inc A + 3 11.18 +.03– 2 Intm Muni + 1 12.49n +.03–41 MidCapVal A +11 16.62 +.43– 9 Muni Bond r 0 10.03n +.03–46 NewLeadr A +10 20.40 +.64– 5 NJMuniBd A 0 11.64 +.04– 5 NY Tx Ex + 1 13.35n +.03–38 S&P MidIndx + 9 16.27n +.53–38 S&P500 Idx + 5 24.88n +.60+ 6 Sh Intm Govt + 1 10.84n +.01–33 SmCpStkIdx +10 12.99n +.46–37 StratValA + 8 19.80 +.52

Dupree Mutual$ 935 mil 800–866–0614

0 KY Tax Fr Inc + 3 7.29n +.02DWS Scudder A$ 11.8 bil 800–621–1048

–28 Balanced + 6 6.92 +.11– 7 CA Tax Free + 1 6.54 +.02–34 Cap Growth + 5 37.23 +.74–46 Dreman HRt + 8 23.99 +.67–32 DremanSmVal + 8 23.22 +.73–24 High Income + 5 3.52 +.06– 7 Mgd Muni 0 8.00 +.02+ 4 StrGovSec + 1 8.37 ..–46 Technology + 3 7.14 +.16

DWS Scudder C$ 782 mil 800–621–1048

–46 Dreman HRt + 8 23.95 +.67

DWS Scudder Instl$ 3.1 bil 800–621–1048

–33 AdvLifLngRg + 6 6.89n +.13–15 CoreFxdInc + 2 8.71n +.02–38 Eq 500 Idx + 5 100.83n +2.42

DWS Scudder S$ 14.1 bil 800–621–1048

–34 Cap Growth + 5 37.46n +.74–38 Eq 500 Idx + 5 99.83n +2.40–48 GlobalThem +10 14.70n +.32–39 Growth & Inc + 9 10.81n +.28+ 5 IncomeGNMA + 1 14.77n +.02

0 InterTxFree + 1 10.72n +.03–48 Intl + 9 34.66n +.92–36 Lrg Cap Val + 5 12.94 +.33–57 LtnAmerEq +10 27.16n +.78– 6 MA Tax Free + 1 12.81n +.03– 6 Mgd Muni Bd 0 8.01n +.02– 7 ShDurPlus + 1 8.75n +.01–23 StrHiYdTax – 4 9.35n +.02

Eagle Funds$ 1.7 bil 800–237–3101

–39 MidCapStkA + 7 17.23 +.50Eaton Vance A$ 23.8 bil 800–225–6265

–25 AMTFrMunBd – 2 6.90 +.04–39 DivBuilder + 4 8.62 ..–31 Floating Rt – 5 6.31 ..+ 7 Govt Oblig + 1 7.45 ..–38 Hi Yld Muni – 9 5.72 +.01–32 Inc Bostn 0 3.86 ..–37 Lrg Cap Val + 3 14.06 ..–10 Natl LtdMuni – 1 8.79 +.02–33 Natl Muni – 5 7.04 +.04–11 Strat Inc – 1 6.69 ..–37 Tax Mgd Val + 4 12.95 ..–35 TaxMgGr 1.1 + 3 17.39 ..–35 TxMgdDivInc + 4 8.21 ..–35 TxMgdGr 1.0 + 3 392.81n ..–10 WW HlthSci + 8 7.91 ..

Eaton Vance C$ 5.0 bil 800–225–6265

–32 Floating Rt – 5 6.10n ..–37 Lrg Cap Val + 3 14.04n ..–34 Natl Muni – 5 7.04 +.04–11 Strat Inc – 1 6.33 ..–36 TxMgdDivInc + 4 8.20 ..

Eton Vance Instl$ 798 mil 800–225–6265

–52 TxMgdEmMkt x + 625.32n –.34

Evergreen A$ 9.6 bil 800–343–2898

– 1 Adj Rate 0 8.73 +.01–23 Asset Alloc + 5 9.38 +.09–46 DivCapBldr + 5 4.06 +.09–34 Fundmtl Lrg + 7 16.92 +.42– 7 Muni Bond 0 6.57 +.03–23 PreciousMtl +31 48.09 –.18–34 Special Val + 8 13.26 +.44– 1 Strat Muni 0 8.38 +.01–32 Util&Telecm + 2 10.14 +.16

Evergreen B$ 2.2 bil 800–343–2898

–23 Asset Alloc + 5 9.31n +.10Evergreen C$ 4.6 bil 800–343–2898

– 2 Adj Rate 0 8.73 +.01–23 Asset Alloc + 5 9.12 +.09

Evergreen I$ 8.5 bil 800–343–2898

– 1 Adj Rate 0 8.73n +.01–29 Core Bond + 5 6.99n –.01–36 EnhcedS&P5 + 6 9.96n +.24+ 9 Intl Bond I + 9 10.42n +.02–41 Intl Eqty +11 6.11n +.13– 3 Intrmd Muni I + 1 56.98n +.23– 7 Muni Bond 0 6.57n +.03– 9 PA Muni – 1 9.58n +.03–34 Special Val + 8 13.34n +.44–37 Strat Gr I + 6 19.19n +.38– 1 US Govt + 1 9.52n +.01

—F—–31 † Fairholme +10 21.54 +.80

FAM Funds$ 634 mil 800–932–3271

–30 Value x + 5 31.77n +.85FBR Funds$ 1.1 bil 888–888–0025

–36 Focus Inv r + 7 29.86n +.76Federated A$ 12.9 bil 800–245–5051

–35 Amer Ldrs + 5 11.17 +.24–10 Bond + 5 7.41 +.04–30 Capital Apprec + 5 14.82 +.28–31 Equity Inc + 5 13.93 +.29–26 Hi Inc Bond + 4 5.21 +.08–48 InterCont +13 32.69 +.82–43 Kaufmann + 9 3.52 +.07–46 KaufSmlCap +11 14.02 +.42– 8 Mkt Opps +12 10.46 +.17– 7 Muni Secs 0 9.15 +.03+ 2 Muni Ultrshrt 0 9.92 ..–17 Muni&Stock + 2 9.15 +.09+28 PrudentBear – 5 6.77 –.13+ 1 PrudGlbInc + 7 12.09 +.04–14 StratInc + 5 6.97 +.07

0 Tot Rtn Bd + 3 10.17 +.01+ 3 US Govt Secs + 2 7.59 ..

Federated B$ 2.1 bil 800–245–5051

–44 Kaufmann + 8 3.34 +.06Federated C$ 2.4 bil 800–245–5051

–44 Kaufmn C + 8 3.34 +.06– 8 Mkt Opps +12 10.39 +.17

Federated F$ 915 mil 800–245–5051

+ 4 Govt Inc Sec + 2 8.87 ..Federated Instl$ 12.2 bil 800–341–7400

+ 6 GNMA Instl + 1 11.06n –.01+ 6 Govt 1–3 Instl + 1 10.91n +.01+11 Govt 2–5 Instl + 2 12.13n ..+ 2 GovUltSh Sv 0 9.83n –.01+ 6 Income + 1 10.44n –.01–43 Kaufmann K + 9 3.52 +.07–38 Mid Cap Idx + 9 12.71n +.42+ 3 Mortgage + 1 9.63n –.01+12 Tot Ret Gov + 2 11.67n +.01

0 Tot Rtn Bd + 3 10.17n +.010 TotRtnBd Svc + 3 10.17n +.01

Federated Y$ 335 mil 800–245–5051

+ 6 US Gov 1–3 + 1 10.91n +.01Fidelity Adv A$ 15.8 bil 800–522–7297

–42 Divers Intl r +12 12.07 +.26–48 Equity Gr x + 5 33.67 +.54–41 Equity Inc + 6 16.49 +.45+11 GovtIncome + 2 11.00 ..–41 HiInc Advt + 4 5.59 +.13–55 Lev Co Stk x + 9 16.88 +.51–53 Mid Cap A +10 10.86 +.21–40 Mid Cp II + 8 10.12 +.24–39 New Insight + 5 13.17 +.21– 3 Sh Tm Fx 0 8.69 +.01–28 Small Cap + 4 16.98 +.25–11 Strat Inc + 3 9.78 +.03

Fidelity Adv C$ 5.5 bil 800–522–7297

–43 Divers Intl +12 11.64n +.25–56 Lev Co Stk x + 9 16.25n +.49–39 New Insight + 5 12.74n +.20–12 Strat Inc + 3 9.76n +.03

Fidelity Adv Free A$ 3.4 bil 800–544–8888

–29 2015 + 5 8.44 +.12–34 2020 + 6 8.47 +.15–36 2025 + 6 8.02 +.14–40 2030 + 6 8.32 +.17

Fidelity Adv I$ 16.7 bil 800–526–0084

–42 Divers Intl +12 12.24n +.27–48 Equity Grow x + 5 35.68n +.58–41 Equity Inc + 6 16.95n +.46+11 GovtIncome + 2 11.00 ..–42 Growth & Inc + 6 11.83n +.28–41 HiInc Advt + 3 5.35n +.12

0 IntMunInc r + 1 9.67n +.01–48 Large Cap + 9 10.48n +.29–55 Lev Co Stk x + 9 17.06n +.52–40 Mid Cp II + 9 10.21n +.24

–39 New Insight + 5 13.30n +.21–44 Overseas +10 13.15n +.23– 3 Sh Fxd Inc + 1 8.70n +.02+ 8 Sh Intmd Govt + 1 10.18n ..–28 Small Cap + 4 17.64n +.27–11 Strat Inc + 3 9.87n +.03–24 StrtRealRet + 3 6.78n +.05– 6 TotalBond + 3 9.20n +.03

Fidelity Adv T$ 14.5 bil 800–526–0084

–33 Balanced + 6 10.75 +.17–42 Divers Intl +12 11.98 +.26–48 Equity Gr + 5 33.63 +.55–42 Equity Inc + 6 16.72 +.45–56 Growth Opp + 6 18.74 +.30–41 HiInc Advt + 4 5.61 +.13–55 Lev Co Stk x + 9 16.63 +.50–53 Mid Cap +10 10.97 +.20–39 New Insight + 5 13.08 +.21– 3 ShTrm Fxd Inc + 1 8.70 +.02–28 Small Cap + 3 16.51 +.25–11 Strategic Inc + 3 9.77 +.03

Fidelity Freedom$ 59.7 bil 800–544–8888

–14 2000 + 3 10.01n +.08–25 2005 + 5 8.32n +.10–26 2010 + 5 10.27n +.14–28 2015 + 5 8.48n +.12–33 2020 + 6 9.94n +.16–34 2025 + 6 8.14n +.14–38 2030 + 7 9.63n +.19–39 2035 + 7 7.93n +.16–40 2040 + 7 5.51n +.11–40 2045 + 7 6.49n +.14–42 2050 + 7 6.36n +.13–13 Income + 3 9.52n +.07

Fidelity Select$ 15.6 bil 800–544–8888

–12 Biotechnlgy r +12 58.41n +1.24–23 ConsumeStpl r + 7 50.42n +.70–41 Dfnse&Aero r +10 48.21n +1.67–50 Electronics r +11 22.43n +.73–55 Energy r + 4 29.62n +.80–64 Energy Svcs r + 1 35.29n +.85–23 Gold r +30 30.71n –.22–33 Health Care r + 9 80.39n +1.68–25 Med Eq & Sys r + 6 18.08n +.32–57 Natural Gas r + 4 19.79n +.53–53 Natural Res + 7 18.47n +.40–43 Sftwr&Cmp r + 5 46.48n +.92–52 Technology x + 9 38.95n +.82–37 Utility Gr r + 1 39.43n +.63

Fidelity Spartan$ 44.3 bil 800–544–8888

–38 500 Idx Adv + 5 61.24n +1.46–38 500 Idx Inv + 5 61.24n +1.46–40 ExtMkt Adv + 8 21.88n +.63–40 ExtMkt Inv + 8 21.88n +.63–42 IntlIdx Adv +11 26.38n +.49–42 IntlIdx Inv +11 26.38n +.49+17 IntTrsBdAd r + 3 11.65n –.01+17 IntTrsBdIdx r + 3 11.65n –.01+ 9 STTrAdv r 0 10.80n +.01–38 TotMkt Adv + 6 24.64n +.61–38 TotMkt Inv + 6 24.64n +.61–38 US EqIdxAdv + 5 31.46n +.75–38 US EqIdxInv + 5 31.46n +.75

Fidelity Invest$ 404 bil 800–544–8888

–36 100 Index + 4 6.56 +.14–34 4–in–1 Idx r + 6 19.55n +.40–44 AdvCapDevO + 6 6.90n +.16–49 AdvDivStkO + 9 8.44n +.23–50 Aggres Gr x + 7 11.41n +.26–28 AssetMgr50% + 5 10.76n +.15–36 AssetMgr70% r + 710.62n +.20–14 AsstMgr20% r + 3 10.30n +.08–32 Balanced + 5 13.02n +.21–39 BlueChipGro + 6 25.98n +.59– 6 CA Muni Inc 0 10.96n +.02–44 Canada x + 8 34.44n +.62–33 Cap & Inc + 1 5.43n +.05–42 CaptlApprec + 8 15.43n +.40+ 4 CAShTxFrBd r + 1 10.23n +.01–45 China Rgn + 8 16.95n +.35–38 Contrafund + 5 44.61n +.73

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

Tracking Mutual Fund SalesNet new cash flow after redemptions and exchanges, in billions

Source: Investment Company Institute

Stock funds Bond and income funds

-80

-60

-40

-20

0

$20

NOSAJJMAMFJ’08

DN’07

-80

-60

-40

-20

0

$20

NOSAJJMAMFJ’08

DN’07

-$21.74 bil -$14.51 bil

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

B Y P A U L K A T Z E F FINVESTOR'S BUSINESS DAILY

October’s panicky stampede out ofmutual funds was replaced by acalmer but still steep exit in Novem-ber.

Investors yanked a net $41.31 bil-lion last month vs. October’s revisedrecord net outflow of $127.55 bil-lion, according to the InvestmentCompany Institute.

November’s investor flight cameas the market slowed its descent.The S&P 500 slumped 7.5% afterplunging 16.83 in October. The Nas-daq fell 11% after its 18% drop in Oc-tober.

November was the fifth heaviestall-time monthly outflow in dollars.

Investors pulled $21.74 billionfrom stocks funds alone last month.That was well down from October’s$72.44 billion and September’s$54.77 billion.

There were also indications thatthe situation improved slightly thismonth as the market worked on put-ting in a bottom.

For stock funds overall, it was thesixth month in a row of outflow.

Funds that invest primarily in theU.S. disgorged $13.04 billion in newmoney in November. They fled with$47.47 billion the month before.

Stock funds that invest primarily

overseas gave $8.70 billion back toinvestors vs. $24.98 billion themonth before. During the month,the MSCI EAFE index rose 3.65%.The dollar fell 5.11%.

For the year to date, stock fund out-flow totaled $215.68 billion vs. in-flow of $91.04 billion a year earlier.Stock funds that invest at homeshed $143.5 billion vs. $38.6 billionoutflow in the year-ago period.World equity funds leaked $72.2 bil-lion in outflow vs. inflow of $129.6billion a year earlier.

Hybrid funds, which invest in bothstocks and bonds, had outflow of$5.06 billion vs. $14.39 billion out-flow the previous month. For theyear to date, hybrid funds gave back$19.62 billion vs. $21.2 billion net in-flow a year earlier.

Fixed IncomeBond funds saw $14.51 billion in

outflow vs. $40.72 billion the monthbefore. Background: Investors fledfrom all bond categories exceptTreasuries in pursuit of safe havensand in a flight from most every kindof risk.

For the year to date, bond fundshad inflow of $37.97 billion vs.$108.11 billion inflow a year earlier.

Taxable bond funds gave back$13.36 billion vs. $32.36 billion themonth before. Year to date, they hadinflow of $25.8 billion vs. $93.8 bil-lion a year earlier.

Investors pulled $1.15 billion frommunicipal bond funds vs. outflow of$8.36 billion the prior month. Yearto date, inflow was $12.15 billion vs.$14.31 billion a year earlier.

Money market funds, which oftenhave wide swings in flows, saw in-flow of $122.43 billion in Novembervs. $143.52 billion the month before.The Federal Reserve has been low-ering its target interest rate in hopesof providing liquidity to the finan-cial system. The cuts mostly affect-ed Treasury money market funds,which focus on short-term Trea-surysecurities. Still, investors gener-ally saw low-yielding money funds— especially Treasuries — as saferthan stocks.

Institutional money funds took in$108.79 billion vs. $121.55 billion in-flow the month before. Moneyfunds that cater to individuals hadinflow of $13.64 billion vs. inflow of$21.97 billion the month prior.

Fund assets fell by $261.65 billion,or 2.7%, to $9.355 trillion from$9.616 trillion the month before.They stood at $12.058 trillion a year

earlier. Stock fund assets fell $340billion, or 8.6%, to $3.601 trillionfrom $3.941 trillion the prior month.

Hybrid fund assets fell $29.1 bil-lion, or 5.7%, to $482.5 billion from$511.6 billion the month before.

Bond fund assets fell $22.5 billion,or 1.4%, to $1.535 trillion from$1.558 trillion the month before.

Money fund assets rose $130.3 bil-lion, or 3.6%, to $3.736 trillion from$3.605 trillion the month before.

Early indications were that out-flow decreased in December.TrimTabs said outflow would be bigbut lower than November’s.

Vanguard Group said it expectedstronger December flows, especial-ly in its stock index funds and ETFs.

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

Growth Funds Leading The MarketThese funds are among the top25% in 3- year performance

MUTUAL FUNDS & ETFs

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

I N V E S T M E N T T R E N D S

Stock Funds Shed $21.7 Billion In Nov.Panic Selling Abates

Outflow off from recordin October as markettries to put in a bottom

Investors curbed their redemptions of stock funds in November, pulling out $21.7 billion vs. $72.4 billion in October. Aggressive growth and growth funds shed a combined $8.8 billion in November. Stock fund assets fell to $3.6 trillion vs. $3.9 trillion a month earlier. Source: Investment Company Institute

Stock Fund Outflow Slowed In NovemberNet new flow, stock funds

In billions

Total net assetsLONG VIEW

-25-20-15-10-5$0

GrowthAggressivegrowth

InternationalGlobal Growth andincome

IncomeSectorEmergingmarkets

Regional

October November In trillions

0

1.0

2.0

3.0

$4.0

Bondfunds

Hybrid funds*

Stockfunds

October November

*invest in stocks and bonds

Mutual Fund Performance

00 E X P A N D E D F U N D L I S T I N G S ATWWW.INVESTORS.COM/MOREFUNDS

00 S E E M O R E E T F S C R E E N S ANDTOOLS AT INVESTORS.COM/ETF

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

A8 WEDNESDAY, DECEMBER 31, 2008 MUTUAL FUND PERFORMANCE INVESTORS.COM

–48 Convrt Secs + 9 13.82n +.22– 2 CT Muni Inc r + 1 10.65n +.03–41 Disciplnd Eq + 7 17.14n +.43–46 Diversifd Intl +11 21.22n +.36–44 Dividend Grow +10 15.45n +.45–61 Emrg Mkts +11 12.86n +.23–43 Equity Inc + 6 30.33n +.78–41 Equity Inc II + 6 13.13n +.36–47 Euro CapApp r +11 13.49n +.20–45 Europe r +11 22.46n +.31–44 Exprt&Mltint r + 8 14.20n +.27–41 Fidelity Fund + 5 22.43n +.52–50 Fifty r + 8 10.86n +.19–18 FloatHiInc 0 7.53n +.04+ 6 GNMA + 1 11.14n ..+11 Govt Income + 2 10.99n ..–52 Gr & Inc + 8 12.94n +.34–48 GrDiscovery + 5 8.48n +.14–42 Grwth Cmpny x + 848.19n +1.06–25 High Income + 4 6.01n +.08–49 Independnc + 6 14.08n +.25– 2 InflProtBd + 4 10.59n ..+10 Int Gov Inc + 2 10.98n –.01

0 Int Mun Inc + 1 9.66n +.01–45 Intl Discov +10 23.30n +.40–47 IntlSmCap + 8 12.19n +.13– 6 Intmd Bond + 2 9.11n +.03– 7 Inv Grade Bd + 2 6.37n +.02–37 Japan r +12 8.83n +.21–35 Jpn Sm Cos r + 9 7.12n +.12–48 Large Cap Stk + 9 9.86n +.27–56 Latin Amer x +10 27.12n +.74–56 LevrgdCoStk x + 9 13.98n +.42–37 LgCorEnhIdx + 5 6.32 +.15–37 Low Pr Stk +12 22.76n +.64–41 Lrg Cp Val r + 8 8.40n +.22– 4 MA Muni Inc + 1 10.87n +.03–50 Magellan +10 45.05n +1.17–40 MegaCpStk + 6 6.87n +.17– 1 MI Muni Inc + 1 11.27n +.03–47 Mid Stk +11 15.27n +.40–42 Mid Val r +13 9.27n +.28– 1 MN Muni Inc + 1 10.72n +.02+ 1 Mortg Secs + 1 10.06n ..– 5 Municipal Inc + 1 11.45n +.02–41 New Millnm + 8 17.29n +.40–19 NewMktsInc r + 8 11.22n +.03– 4 NJ Muni Inc r 0 10.65n +.03– 3 NY Muni Inc + 2 11.86n +.04– 2 OH Muni Inc + 2 10.85n +.03–47 OTC + 8 27.73n +.65–48 Overseas +11 24.75n +.37– 1 PA Muni Inc r + 1 10.19n +.03–56 Pacific Basin r +13 13.08n +.21–30 Puritan + 5 12.95n +.19–41 Real Estate x +23 14.87n +.63+ 3 Sh Int Muni 0 10.33n ..– 4 Short Term Bd 0 7.96n +.02–45 Small Stk +11 9.49n +.27–48 SmIndep r + 9 10.26n +.31–46 Sml Grow r + 7 8.47n +.24–33 Sml Val r +13 9.02n +.31–41 SmlOpport x +11 5.42 +.18–53 SoEast Asia x + 8 18.51n +.07–42 StkSelector + 6 16.75n +.40–42 StraDiv&Inc + 8 7.01n +.17–24 StraRealRet r + 3 6.79n +.05–12 Strategic Inc + 3 8.72n +.02– 4 Tax Fr Bond + 1 9.87n +.02– 6 Total Bond + 3 9.21n +.03–45 Trend + 7 38.48n +.82+ 4 US Bond Idx + 3 10.82n +.02–36 Utility + 2 12.84n +.17–43 Val Disc + 5 10.00n +.25–48 Value + 9 38.75n +1.28–41 World Wide + 7 12.44n +.25

Fifth Third Inst$ 2.7 bil 800–334–0483

–12 Bond + 1 8.10n +.01– 2 Sh Trm Bd + 1 8.90n +.01

First Amer Y$ 10.0 bil 800–677–3863

–11 Core Bond + 5 9.35n +.04–33 Equity Inc + 5 9.53n +.23–38 Equity Index + 5 16.18n +.39– 2 Int Tax Fr + 1 10.08n +.03– 8 Int Trm Bd + 3 8.77n +.02–42 Intl +10 8.65n +.13–38 LgCapGrOpp + 4 20.40n +.50–37 Lrg Cap Val + 4 11.83n +.26–38 Mid Cap Val + 7 15.39n +.44–47 MidCapGrOpp + 6 23.06n +.71–38 Real Estate +19 10.96n +.46– 5 Sh Trm Bd + 2 9.18n +.02–15 Tax Free – 3 8.60n +.02–15 Total Retrn + 6 7.93n +.06

First Eagle$ 14.2 bil 800–334–2143

–32 Fund Amer Y + 6 16.81n +.36–21 Global A + 8 32.83 +.26–16 Gold A +22 19.10 –.11–21 Overseas A +11 16.61 +.06

First Invstrs A$ 4.1 bil 800–423–4026

+ 6 Government b + 2 11.03 ..–37 Gr & Inc b + 7 9.91 +.26– 1 Ins Tax Ex b + 2 9.27 +.02

First Src Mono$ 922 mil 800–766–8938

–32 IncEquity + 7 10.22n +.23FMI Funds$ 2.3 bil 800–811–5311

–23 Common Stk x +11 15.49n +.54–28 Large Cap x + 3 10.86n +.21

Forum Funds$ 2.9 bil 800–943–6786

–14 AbsStrat + 3 8.93n +.09–39 Wintergrn + 5 8.67n +.09

FPA Funds$ 4.7 bil 800–982–4372

–36 Capital + 5 21.27 +.37–21 Crescent I + 4 19.51n +.24+ 4 New Income 0 10.97 +.01

Frank/Tmp Fr A$ 98.1 bil 800–342–5236

+ 3 Adj US Gov 0 8.86 ..– 5 AL Tax Fr + 1 10.28 +.02– 7 AZTaxFrInc + 1 9.71 +.03–38 Bal Sheet +10 34.27 +.96–20 CA HighYld – 6 7.52 ..– 7 CA InsTxFr + 1 11.11 +.03– 5 CA IntTxFr – 1 10.40 +.01– 9 CA Tax Fr 0 6.23 +.02–37 Cap Growth + 5 7.67 +.16–45 ChinaWrld + 7 20.86 +.17– 8 CO Tax Fr + 1 10.39 +.02–37 Conv Secs + 8 9.07 +.12–13 Double Tx Fr – 3 9.67 +.02–36 Equity Inc + 5 12.18 +.23– 2 FedIntTxFr + 2 10.68 +.03– 7 FedTxFrInc + 1 10.58 +.03– 5 FL Tax Fr + 1 10.54 +.03–24 FltRateDly – 2 7.01 +.03–37 Flx Cap Gr + 5 30.44 +.76–38 FoundAlloc + 7 7.75 +.16–33 Gold & Prec +32 24.25 –.03–34 Grwth + 7 28.87 +.72–23 High Inc + 7 1.44 +.02–17 HiYldTxFr – 2 8.19 +.01–31 Income + 8 1.65 +.05– 6 Ins Tax Fr + 2 10.87 +.02+ 7 LtdMatGovt + 2 10.45 ..– 6 MA InsTaxFr 0 10.58 –.03–11 MD Tax Fr – 1 9.76 +.02– 3 MI InsTxFr + 2 11.23 +.03– 1 MN Ins Tax Fr + 2 11.36 –.01– 5 MO Tax Fr + 2 10.94 +.03– 7 NC Tax Fr + 2 10.76 +.04– 6 NJ Tax Fr + 1 10.80 +.02– 8 NY InsTaxFr + 3 10.03 +.04– 1 NY IntTaxFr + 1 10.36 +.03– 4 NY Tax Fr + 2 10.70 +.03– 2 OH InsTaxFr + 3 11.76 +.03– 4 OR Tax Fr + 1 10.75 +.03– 7 PA Tax Fr + 1 9.19 +.03– 5 Real Rtrn x + 3 9.75 +.01–28 Rising Divs + 6 23.56 +.69–34 SmlCapVal +10 26.22 +.96–43 SmMdCapGr + 5 19.97 +.56–11 Strat Inc + 5 8.35 +.05– 6 Totl Retrn + 4 8.92 +.03+ 7 US Gov Sec + 2 6.62 ..–27 Utilities + 1 10.33 +.16– 5 VA Tax Fr + 2 10.53 +.04

Frank/Tmp Fr B

$ 4.2 bil 800–342–5236–32 Income + 8 1.64n +.04+ 6 US Govt Secs + 2 6.61n ..

Frank/Tmp Fr C$ 21.5 bil 800–342–5236

–10 CA Tax Fr 0 6.22 +.01– 8 FedTxFrIn + 1 10.57 +.02–39 FoundAlloc + 7 7.66n +.16–18 HiYldTxFr – 2 8.29 +.01–32 Income + 8 1.66 +.04– 4 NY Tax Fr + 2 10.69 +.03–11 Strategic Inc + 5 8.35 +.05+ 6 US Gov Sec + 2 6.58 ..–27 Utilities + 1 10.30 +.16

Frank/Tmp FrAd$ 7.2 bil 800–342–5236

–31 Income + 8 1.64n +.04–41 SmMidCapGr + 9 20.45n +.57– 6 Totl Retrn + 4 8.93n +.02+ 7 US Govt Secs + 2 6.63n –.01

Frank/Tmp Mutual A&B$ 14.7 bil 800–292–9293

–41 Beacon A + 5 8.87 +.17–27 Discovery A + 2 22.22 +.10–33 European A + 3 16.87 +.20–26 Qualified A + 3 14.45 +.14–39 Shares A + 5 15.06 +.26

Frank/Tmp Mutual C$ 4.4 bil 800–342–5236

–42 Beacon + 5 8.72 +.16–28 Discovery + 2 22.08 +.10–39 Shares + 5 14.94 +.25

Frank/Tmp Mutual Z$ 16.7 bil 800–448–3863

–41 Beacon + 5 8.96n +.18–27 Discovery + 2 22.46n +.10–33 European + 3 17.22n +.20–26 Qualified + 3 14.54n +.14–39 Shares + 5 15.16n +.26

Frank/Tmp Tp A$ 29.8 bil 800–354–9191

–54 Dvlp Mkts + 7 12.80 +.17–46 Foreign + 9 4.44 +.11–43 Glbl Opport + 8 12.84 +.21–51 Glbl Sm Co + 6 3.46 +.08+ 6 Glob Bond + 5 11.20 +.02–44 Growth + 8 12.96 +.28–25 Income + 5 2.08 +.02–40 World + 7 10.65 +.22

Frank/Tmp TpAd$ 7.6 bil 800–292–9293

–45 ChinaWrld + 7 20.92n +.17–46 Foreign + 9 4.39n +.10.. Glob Bond .. no quote–44 Growth + 8 12.95n +.28

Frank/Tmp TpB/C$ 4.9 bil 800–632–2301

–47 Foreign C + 9 4.35 +.10+ 6 Global Bd C + 5 11.22 +.02–44 Growth C + 8 12.68 +.28

Franklin Temp$ 1.2 bil 800–292–9293

+ 1 Hard Curncy + 6 9.32 +.04–22 Mod Trgt A + 5 10.59 +.12

Frontegra$ 1.1 bil 888–825–2100

–10 ColumbsCrPl + 9 25.93n +.27FundX Upgrader$ 775 mil 866–455–3863

–45 FundX Up + 3 23.32n ..

—G—H— I—Gabelli AAA$ 3.6 bil 800–422–3554

–38 Asset + 7 30.50n +.84–36 Equity Inc + 5 13.94n +.37–33 Sm Cap Gr + 6 20.00n +.52

Gabelli C$ 253 mil 800–422–3554

–24 Utilities + 3 5.95 +.11Gamco AAA$ 1.3 bil 800–422–3554

–30 Gold +31 19.54n –.09–47 Growth + 8 19.24n +.46

Gateway Funds$ 3.1 bil 800–354–6339

–15 Gateway A + 6 24.07 +.40GE Elfun S&S$ 8.8 bil 800–242–0134

– 2 Income + 3 10.37n +.01– 2 Income + 3 10.51n +.01–38 S&S Program x + 5 27.70n +.14– 3 Tax Exempt + 1 10.70n +.02–39 Trusts x + 1 29.67n –.76

GE Instl Funds$ 3.2 bil 800–242–0134

– 2 Income + 3 8.80n +.01–43 Intl Equity +12 9.01n +.08–38 SmValEqInv + 9 8.61n +.27–29 Stratgc Inv + 6 8.65n +.11

Glenmede Funds$ 988 mil 800–442–8299

+ 8 CoreFxdInc + 3 11.12n +.01GMO Trust II$ 756 mil 617–330–7500

–40 Foreign +10 9.96n +.19GMO Trust III$ 11.9 bil 617–330–7500

–33 Emerg Ctry Dt + 3 5.95n +.01–56 Emerg Mkts +10 7.32 +.16–40 Foreign +10 10.01n +.19–41 Intl Cor Eq +11 22.79n +.46–37 Intl Gro Eq +12 17.32n +.34–39 Intl Intrn Val +11 17.79n +.35–43 Intl Sm Cos +12 5.28n +.07–40 TxMg Intl Eq +11 11.46n +.21–31 US Core Eq + 7 9.00n +.20–25 US Qual Eq + 5 16.41 +.30

GMO Trust IV$ 9.6 bil 617–330–7500

–33 Emerg Ctry Dt + 3 5.95n +.02–56 Emerg Mkts +10 7.29n +.16–40 Foreign +10 10.01n +.19–41 Intl Core Eq +11 22.77n +.46–37 Intl Gro Eq +12 17.32 +.33–39 Intl Intrn Val +11 17.78n +.35

GMO Trust V$ 1.5 bil 617–330–7500

–56 Emerg Mkts +10 7.27n +.15–25 US Qual Eq + 4 16.40 +.29

GMO Trust VI$ 17.8 bil 617–330–7500

– 7 Domestic Bd + 1 8.18 +.01–56 Emerg Mkts +10 7.29n +.16.. EmrgMktOpp .. no quote–28 InflIdxPlBd 0 15.04n +.01–41 Intl Core Eq +11 22.76 +.46–21 StratFixInc 0 17.51 +.01–31 US Core Eq + 7 8.98n +.20–25 US Qual Eq + 5 16.41n +.30

GoldmnSachs A$ 16.0 bil 800–762–5035

–21 BalStrat + 5 8.33 +.08–44 Capital Gr + 6 12.66 +.29–11 Core Fxd Inc + 4 8.44 ..– 2 Global Inc x + 2 12.38 –.07+ 5 Govt Income + 3 15.13 ..–33 Gr&Inc Strat + 6 8.04 +.12–36 Growth & Inc + 4 16.22 +.33–42 Growth Opp + 9 12.11 +.34–40 Growth Strat + 8 7.77 +.15–30 Hi Yld Muni – 8 6.79 ..–29 High Yield + 3 5.00 +.06–38 Lrg Val + 5 8.47 +.20–38 Mid Cap Val + 7 21.61 +.63+ 8 Sh Dur Govt + 1 10.28 ..–30 Sm Val + 8 23.94 +.86–43 StrucIntlEq +11 7.72 +.14

GoldmnSachs C$ 1.3 bil 800–762–5035

–41 Gr Strat + 8 7.74n +.16–33 Gr&Inc Strat + 6 8.00n +.12

GoldmnSachs In$ 12.8 bil 800–762–5035

–11 Core Fixed Inc + 4 8.47n ..– 2 Global Inc x + 2 12.36n –.07–41 Growth Opp + 9 12.73n +.35–29 High Yield + 3 5.01n +.06–30 High Yld Muni – 8 6.79n ..–38 Mid Cap Val + 7 21.74n +.63+ 8 Sh Dur Govt + 1 10.25n +.01+ 2 Sh Dur Tax Fr 0 10.09n +.01–29 Sm Val + 8 25.04n +.91–42 Struc Lg Gr + 8 8.48n +.21–38 Struc LgVal + 6 7.90n +.22–37 Struc Sm Eq +11 7.39n +.28–43 StrucIntlEq +11 7.89n +.14–13 † Grnsprng + 5 20.16n +.32

GuideStone G4$ 6.8 bil 800–262–0511

–42 Aggr Allo + 8 8.04n +.21–28 Bal Allo x + 2 9.15n –.29–34 Gr Allo + 7 8.78n +.17–44 GrwthEquity + 6 11.36n +.24–45 Intl Equity +11 9.35n +.25– 3 LowDurBond + 2 11.97n +.01– 4 MedDurBond + 5 12.14n +.04–38 ValueEquity + 7 10.38n +.28

Hansberger$ 657 mil 800–414–6927

–50 IntlGrowthI +12 9.90n +.21Harbor Funds$ 29.0 bil 800–422–1050

+ 3 Bond Instl + 4 11.28n +.02–38 CapAppr Ins + 6 23.04n +.40–38 CapAppr Inv + 6 22.87n +.40–43 Intl Admin +12 39.71n +.69–50 Intl Gr I +11 8.05n +.13–43 Intl Instl +12 39.91n +.70–43 Intl Inv +12 39.60n +.70–35 SmVal Instl +11 12.84n +.45

Harding Lvnr$ 1.2 bil 800–762–4848

–53 Emerg Mkts +12 26.25n +.64Hartford A$ 19.7 bil 888–843–7824

–33 Advisers b + 6 10.32 +.20–30 Balanc All b + 5 8.07 +.12–47 Cap Apprec b + 7 21.21 +.47–44 CapAppr II b + 8 8.30 +.18–29 Checks&Bal b + 5 6.93 +.11–33 Div & Gr b + 7 13.86 +.34–30 Eqty Inc b + 5 9.67 +.21–31 Float Rate x – 5 6.20 +.01–46 Grow Oppor b + 8 17.39 +.39

0 Infl Plus x + 4 10.45 –.01–37 Mid Cap b + 8 13.53 +.39– 6 TotlRetnBd x + 2 9.37 +.02

Hartford B$ 2.2 bil 888–843–7824

–47 Cap Apprec m + 7 19.01n +.42Hartford C$ 5.7 bil 888–843–7824

–47 Cap Apprec m + 7 19.09 +.43–31 Float Rate x – 5 6.20 +.02

0 Infl Plus x + 4 10.42n –.01Hartford HLS IA$ 27.5 bil 888–843–7824

–32 Advisers + 6 13.54n +.27–46 Cap Apprec + 8 24.98n +.62–38 Discp Eq + 8 8.34n +.22–33 Div & Gr + 7 14.15n +.34–53 Global Grow + 9 10.04n +.21–47 Grwth Opps + 8 16.76n +.37–38 Index + 5 18.49n +.44–43 Intl Opport +10 8.31n +.13–36 Mid Cap + 8 15.92n +.47–42 Small Co + 7 10.71n +.34–44 Stock + 7 25.42n +.70– 8 TotlRetnBd + 3 9.55n +.03– 1 US Gov Sec + 1 10.17n –.02

Hartford HLS IB$ 5.9 bil 888–843–7824

–33 Advisers + 6 13.70n +.27–47 Cap Apprec + 8 24.78n +.61–34 Div & Gr + 7 14.13n +.35– 8 TotlRetnBd + 3 9.50n +.02– 1 US Gov Sec + 1 10.14n –.02

Hartford L$ 627 mil 888–843–7824

–46 Grwth Opps b + 8 17.79 +.39Hartford Y$ 4.9 bil 888–843–7824

–47 Cap Apprec + 7 22.80n +.51–47 CapApprecI + 7 21.09n +.47–33 Div & Growth + 7 14.04n +.34– 6 TotlRetnBd x + 2 9.48n +.02

Heartland Funds$ 1.7 bil 800–432–7856

–20 ValPlusInv + 5 18.22n +.46–41 ValueInv + 8 24.33n +.58

Henderson Glb Fds$ 2.5 bil 888–832–6774

–40 Intl Opp A +12 15.27 +.30–40 Intl Opp C +12 14.56 +.28

HighMark Funds$ 1.5 bil 800–433–6884

+ 2 Bond Fid + 3 10.30n +.02Hirtle Callaghan$ 4.0 bil 800–981–8917

.. Growth Eq .. no quote

.. Intl Equity .. no quote

.. SmCapEqty .. no quote

.. Value Equity .. no quoteHomestead$ 817 mil 800–258–3030

– 4 Sh Term Bond 0 4.71n ..–37 Value + 7 22.09n +.61

Hotchkis & Wiley$ 3.2 bil 866–493–8637

–47 Core Val I + 7 6.01 +.20–48 LgCapVal A + 8 10.37 +.32–48 LgCapVal I + 8 10.40 +.32–45 MidCapVal I + 8 11.20 +.45

Hussman Funds$ 3.7 bil 800–487–7626

–10 Strat Gr + 4 12.18n +.10+ 6 StraTotRet + 5 11.57n –.05

ICAP Funds$ 2.2 bil 888–221–4227

–39 MainstayEqI + 8 24.78 +.58–39 MainstyIntI +12 22.74n +.55–38 MnstySelEqI + 8 23.45 +.55–38 † ICM SmCo x + 9 17.85n +.64

ICON Funds$ 1.5 bil 800–764–0442

–36 Energy + 3 14.08n +.29ING Fds A$ 4.6 bil 800–992–0180

–30 Corp Ldrs + 1 15.88n +.29–43 GlbRealEst +12 11.54 +.21+ 7 GNMA Inc + 2 8.62 ..–10 Intermd Bd + 1 8.56 +.01–39 Intl Value +12 9.43 +.13

ING Fds T,M,Q&I$ 1.5 bil 800–992–0180

–10 IntermdBd I + 1 8.56 +.01–39 Intl Val I +12 9.40n +.13

ING Partners$ 1.5 bil 800–992–0180

.. JPMrgIntlI .. no quote–43 PriceGrEq I + 7 32.34n +.63

Ivy Funds$ 18.2 bil 800–777–6472

–26 AssetStr A + 6 18.02 +.12–27 AssetStr B + 6 17.61n +.12–27 AssetStr C + 6 17.67n +.11–26 AssetStr Y + 6 18.04n +.12–62 GlbNatResA +11 10.44 +.32–62 GlbNatResC +11 9.20n +.28

— J—K—L—J Hancock 1$ 17.3 bil 800–225–5291

–43 LifestylAgg + 8 7.87n +.19–32 LifestylBal + 6 9.09n +.16–37 LifestylGr + 7 8.59n +.17–24 LifestylMod + 5 9.50n +.12–15 LSConserv + 4 10.34n +.09

J Hancock A$ 8.6 bil 800–225–5291

–26 Balanced + 8 11.38 +.15–12 Bond + 1 12.24 +.07–48 ClassicVal + 9 10.48 +.31+ 6 Govt Income + 2 9.21 +.01–38 Lrg Cap Eq +11 17.01 +.37–28 Regionl Bnk + 1 12.67 +.42–32 Sov Invstrs + 5 11.95 +.28–12 Strat Inc + 1 5.25 +.02– 6 Tax Fr Bond 0 9.04 +.02–36 US Glb LdGr + 3 18.24 +.35

James Adv Funds$ 573 mil 800–995–2637

– 6 JamGolBalA + 6 17.11 +.23Janus

$ 49.4 bil 800–525–3713–16 Balanced + 6 19.95n +.20–15 Balanced + 6 20.87n +.19–49 Contrarian +14 9.41n +.22–45 Enterprise + 9 32.01n +.97+ 5 Flex Bond + 3 9.72n +.02–44 Fundment Eq +10 14.08n +.38–44 Global Tech + 9 8.67n +.27–29 GlobLifeSci +10 16.98n +.44–43 Growth & Inc + 9 20.49n +.39–21 High Yield + 4 6.75n +.06–41 Janus +10 18.96n +.45–29 Mid Val Inst + 7 15.03n +.39–29 Mid Val Inv + 7 14.95n +.38–51 Orion +13 6.31n +.16–53 Overseas +13 24.04n +.56–45 Research +10 16.93n +.47+ 4 Short Term Bd + 1 2.93n ..–24 Sml Val Inst + 7 15.13n +.46–24 Sml Val Inv + 7 14.94n +.45–43 Twenty + 9 42.48n +.77–53 Venture + 9 27.35n +1.04

–46 World Wide +11 29.44n +.67Janus Adv A$ 1.1 bil 800–525–3713

–45 Forty + 8 21.90 +.43Janus Adv S$ 3.7 bil 800–525–3713

–45 Forty + 8 21.69n +.43–49 Intl Growth +13 26.79n +.58

Janus Aspn Inst$ 3.4 bil 800–525–3713

–16 Balanced + 7 22.81n +.23+ 6 Flexible Bd + 4 11.64n +.03–45 Forty + 8 22.67n +.43–52 Intl Growth +14 26.34n +.59–41 Lrg Cp Grow +10 15.59n +.35–45 WorldwideGr +11 19.08n +.42

Jennison Dryden A$ 10.9 bil 800–225–1852

–41 20/20 Focus + 7 9.26 +.22–42 Blend A + 7 10.38 +.24+ 3 Govt Inc + 2 8.84 –.01–38 Growth + 6 11.25 +.20–24 HighYield + 3 3.89 +.04–37 Mid Cap Gr + 7 15.98 +.47– 7 Natl Muni 0 13.22 +.04–54 NaturlRsrc +11 26.09 +.50

0 Sh Tm Corp + 2 10.48 +.02–40 Small Co +13 11.51 +.38– 4 Tot Ret Bd + 2 11.56 ..–48 Utility + 2 7.21 +.14–44 Value + 8 9.13 +.27

Jennison Dryden Z&I$ 2.8 bil 800–225–1852

–38 Growth Z + 6 11.63n +.20–40 Small Co Z +13 12.01n +.39–38 Stock Idx Z + 5 19.50n +.47–30 † JensenPtfJ + 3 18.99n +.42

JP Morgan A$ 10.7 bil 800–480–4111

+ 4 Core Bond + 2 10.77 ..–38 Equity Idx + 5 20.25 +.48.. Govt Bond .. no quote+10 HighStatMk + 1 16.41 –.01–13 Inv Csrv Gr + 3 9.24 +.07–28 Inv Gr&Inc + 6 9.30 +.17–34 Inv Growth + 7 9.35 +.20–20 Invstr Bal + 5 9.51 +.12–35 Mid Cap Val + 9 14.95 +.47

JP Morgan B$ 1.9 bil 800–480–4111

–29 Inv Gr&Inc + 6 9.24n +.17–21 Invstr Bal + 4 9.48n +.12

JP Morgan Instl$ 4.9 bil 800–480–4111

+ 2 IntmTxFrBd + 2 10.49n +.03–35 Mid Cap Val + 9 15.16n +.48–41 Value Opps + 8 9.84 +.29

JP Morgan Selct$ 33.2 bil 800–480–4111

–54 AsiaEq +16 18.65n +.39+ 4 Core Bond + 2 10.76n ..– 3 CorePlusBd + 2 7.13n +.02–38 EquityIndex + 5 20.24n +.48+10 Govt Bond + 2 10.84n ..–23 High Yield + 4 5.70n +.07+10 HighStatMk + 1 16.48n –.01+ 4 Intermd Bd + 1 10.36n +.01–43 Intl Eq Idx +12 14.29n +.28–44 Intl Value +11 10.02n +.19+ 2 IntmTxFrBd + 2 10.49n +.02–40 Intrepid Gr + 6 14.67n +.33–46 IntrepidInt +11 12.47n +.24–40 Intrpd Amer + 7 15.72n +.38.. Mid Cap Val .. no quote

0 Mult MktNtr + 2 10.13n +.03– 2 Muni Inc + 1 9.24n +.03+ 2 NYTaxFrBnd + 2 6.95n +.02+ 4 Sh Dur Bd + 1 10.67n +.01–29 SmallCapEq + 9 22.24n +.82– 2 Tax Fr Bond + 1 11.77n +.04+ 7 TreasAgency + 1 10.25n ..– 7 TxAwrRlRet + 4 8.99n +.02–36 US Equity + 6 6.81n +.17–36 USLgCorPls + 6 13.21n +.34

JP Morgan Ultra$ 2.5 bil 800–480–4111

+ 4 Core Bond + 2 10.76n ..+ 3 Mrtge Back 0 10.30 –.01+ 4 Sh Dur Bd + 1 10.67n ..

Keeley Funds$ 4.1 bil 888–933–5391

–42 SmlCapValA + 7 15.81 +.59Kinetics Funds$ 1.2 bil 800–930–3828

–54 Paradigm x + 4 14.11n +.20Laudus Rosenberg$ 2.6 bil 800–447–3332

–48 IntlMktMsInv + 9 10.86n +.15–48 IntlMktMsSel + 9 10.86 +.16

Lazard Instl$ 3.7 bil 800–823–6300

–48 Emerg Mkts +12 10.79n +.28Lazard Open$ 1.2 bil 800–823–6300

–49 Emerg Mkts +12 10.96n +.29Legg Mason$ 8.0 bil 800–822–5544

–66 Opport Pri + 2 5.03n +.08–55 SpecialInv + 8 14.64n +.57–55 Value Fncl +10 28.90n +.96–55 Value Instl +10 29.76n +1.00

–56 Value Tr +10 25.75n +.86Legg Mason Partners$ 29.1 bil 800–451–2010

–43 Agg Gr B +10 58.22n +1.82

–43 Aggr Gr I +10 70.30n +2.20

–43 AggressGr A +10 66.70 +2.09

–43 Agress Gr C +10 58.98 +1.84

–30 Apprec A + 4 10.20 +.23–31 Apprec B + 4 9.89n +.22–31 Apprec C + 4 9.94 +.22–10 CA Muni A 0 14.26 +.04–36 Cap & Inc A + 5 9.81 +.18–29 DivStrategy1 + 4 12.63 +.27–36 Equity O + 6 8.91 +.19–38 Fund Val A + 5 9.16 +.23–39 Fund Val B + 5 8.48n +.21

0 Govt Secs A 0 9.23 –.02– 6 IntTrmMuniA – 1 5.77 ..–38 Lg Gr A + 9 15.54 +.29–11 Mgd Muni A – 2 13.33 +.01–11 Mgd Muni C – 2 13.34 +.01–21 Muni HiInc A – 6 11.05 –.04– 4 NY Muni A + 1 12.22 +.03

Leuthold Funds$ 2.6 bil 800–273–6886

–32 Asset Allo x + 6 7.51 +.06–32 Asset Allo x + 6 7.51 +.07–29 CoreInv x + 8 12.73n +.16

LKCM Funds$ 629 mil 800–688–5526

–41 SmCapEqInst x + 8 11.87n +.40Longleaf Prtnrs$ 10.3 bil 800–445–9469

–41 Intl x +12 10.94n +.16–52 Partners x +11 15.40n +.35–46 Small Cap x + 5 14.21n +.37

Loomis Syls$ 21.2 bil 800–633–3330

–22 Bond Instl + 9 10.37 +.15–22 Bond Ret + 9 10.34 +.16– 9 Glob Bd Ret + 6 13.42n +.08– 8 GlobBd Inst + 6 13.53 +.08–34 SmCapVl Inst + 8 16.21n +.57–23 Strat Inc A + 9 10.53 +.18–24 Strat Inc C + 9 10.58 +.18

Loomis Syls Inv$ 956 mil 800–633–3330

–18 Fixed Income + 7 9.92n +.10Lord Abbett A$ 24.0 bil 800–201–6984

–39 Affiliated + 8 8.42 +.24–30 All Value + 7 8.48 +.20–29 Bal Strat + 6 7.71 +.14–21 Bond Deben + 5 5.84 +.08–33 HiYldMuniBd – 9 8.88 +.01–11 Income + 6 2.20 +.01–43 IntlCoreEq + 9 8.73 +.19–41 Mid Cap Val + 8 10.14 +.29–16 Natl Tax Fr – 1 8.74 +.03–32 Res Lg Core + 5 20.53 +.46–29 ResAmerVal x + 4 8.74 +.03–34 ResSmallVal + 8 18.50 +.63–35 Sml Blend + 8 10.56 +.38– 2 Totl Retrn + 4 9.79 +.02

Lord Abbett B$ 2.1 bil 800–426–1130

–39 Affiliated + 8 8.47n +.24–21 Bond Deben + 5 5.85n +.08

Lord Abbett C$ 3.4 bil 800–426–1130

–39 Affiliated + 8 8.45n +.24–31 All Value + 7 8.15n +.19–21 Bond Deben + 5 5.85n +.08

Lord Abbett I$ 2.4 bil 800–426–1130

–38 Affiliated + 8 8.43n +.24–33 ResSmVal + 8 19.49n +.66

Lotsoff Capital Mgmt$ 713 mil 312–368–1442

0 ActvInc + 2 10.22n +.04–42 † LSV Val Eq x + 4 9.90n –.09

—M—N—O—MainStay A Fds$ 4.7 bil 800–624–6782

–24 High Yld Cp + 3 4.30 +.06–39 Lrg Cp Grow + 6 4.33 +.09

MainStay B Fds$ 1.2 bil 800–624–6782

–25 Hi Yld Cp + 2 4.28n +.06Mainstay I Fds$ 2.4 bil

+ 7 Indexed Bd + 3 11.11 ..–38 MAP + 7 21.33 +.51–38 S&P500 Idx + 5 20.39n +.48

Mairs & Power$ 1.8 bil 800–304–7404

–32 Growth x + 1 51.42n –.18Managers Funds$ 5.7 bil 800–548–4539

–16 Bond + 6 19.74n +.190 Fremont Bond + 4 9.39n +.02

– 1 Sh Dura Govt 0 9.19n +.01–45 SpecialEq + 8 29.48n +.88

Manning & Napier Fu$ 2.7 bil 800–466–3863

–26 ProBlndExtS + 5 11.23n +.19–40 WorldOppA + 9 5.86n +.12

Marshall Funds$ 2.1 bil 800–580–3863

– 1 GovtIncomeY + 3 8.89n ..Marsico Funds$ 5.5 bil 888–860–8686

–46 21st Century + 7 9.34n +.17–42 Focus + 5 11.58n +.21–44 Growth + 6 12.44n +.24–51 Intl Opp +11 8.68n +.21

Mass Mutl Prem$ 3.4 bil 800–542–6767

0 Core Bond L + 4 9.92n +.020 Core Bond S + 4 10.01n +.02

–43 Intl Eq S +10 9.17n +.13Mass Mutl Select$ 6.9 bil 800–542–6767

–38 Index Eq S + 5 8.22n +.20–38 Index Eq Z + 5 8.20 +.19

Masters' Select$ 1.4 bil 800–960–0188

–45 Intl + 9 9.47n +.15Matthews Asian$ 4.0 bil 800–789–2742

–50 China +11 14.17n +.26–32 Gr & Inc +10 11.48n +.17–62 India +12 8.44n +.23–47 Pac Tiger I +16 10.93n +.23– 6 † Merger Fund x – 114.18n –.24

Meridian Funds$ 2.0 bil 800–446–6662

–32 Growth + 7 24.51n +.75–33 Value + 3 20.06n +.43

Merk Hard Funds$ 239 mil 866–637–5386

– 4 CurrencyInv + 8 10.69 +.03Metro West$ 6.9 bil 800–241–4671

–15 Low Dur Bd 0 7.37n –.01–15 Low Dur Bd I 0 7.37n –.01– 2 Total Ret Bd + 3 9.00n +.01– 2 Total Ret Bd I + 3 9.00n +.02

MFS Funds A$ 30.3 bil 800–637–2929

–10 Bond + 3 10.52 +.04–39 Core Equity + 9 11.38 +.29–37 Core Growth + 3 12.43 +.24–16 GlblTotRet + 8 11.28 +.20+ 9 Govt Secs + 2 10.02 ..–38 Growth + 5 25.90 +.53–35 Growth Allo + 7 9.30 +.19–44 Intl Nw Ds +10 12.41 +.25–40 IntlDivrs A +11 9.08 +.22– 5 Ltd Maturity + 1 5.79 +.01–34 MA Inv Tr + 7 13.65 +.31–38 MA InvGrSk + 6 9.48 +.20–27 Mod Alloc + 5 9.61 +.16–21 Muni Hi Inc – 6 6.01 +.01– 5 NC Muni + 1 10.62 +.04–38 Research + 6 16.59 +.41–43 Resrch Intl +12 10.74 +.28– 7 Rsrch Bond + 2 8.78 +.02–23 Total Ret + 5 11.39 +.19–39 Util + 4 11.52 +.28–34 Value + 8 17.31 +.48

MFS Funds B$ 4.5 bil 800–637–2929

–24 Total Ret B + 5 11.38n +.18–39 Util + 4 11.47n +.27–34 Value + 8 17.22n +.48

MFS Funds C$ 4.3 bil 800–637–2929

–24 Total Ret + 5 11.43n +.18–39 Util + 4 11.48n +.28–34 Value + 8 17.18n +.48

MFS Funds I$ 6.2 bil 800–637–2929

–44 Intl Nw Ds +10 12.72n +.26–37 Research + 6 16.87n +.42– 7 Rsrch Bond + 2 8.79n +.03–43 Rsrch Intl +12 11.06n +.29–34 Value + 8 17.38n +.48

MFS Instl Funds$ 1.6 bil 800–637–2929

–35 Intl Eq +14 12.54n +.31Morgan Stan A$ 3.6 bil 800–869–6397

–41 EqWtS&P500 + 7 17.62 +.55–53 FocGrowth + 5 15.94 +.30–24 Strategist + 5 14.58 +.20

Morgan Stan B$ 4.5 bil 800–869–6397

–38 DivGrSecs + 7 11.30n +.28– 2 USGovtSecs + 3 8.62n +.01

Morgan Stan I$ 1.6 bil 800–869–6397

–12 TaxEx Secs 0 9.46n +.03– 2 USGovtSecs + 3 8.62n +.01

Morgan Stan Ins$ 14.0 bil 800–548–7786

–39 ActIntlAlI +11 9.10n +.24–51 CapGr I + 5 11.92n +.23–16 CorPlFxd I + 2 8.78n +.02–57 Emer Mkts I +11 13.73n +.27–33 Intl Eq P +13 10.89n +.23–33 IntlEq I +13 11.01n +.24.. IntlRealEsI .. no quote–21 Ltd Dur I + 2 7.46n ..–48 MdCpGrP + 8 16.84n +.45–48 MidCapGr I + 8 17.32n +.45–11 MunicipalI + 1 10.76n +.03–43 SmCoGr I + 9 7.44n +.19–29 US SmlValI +10 15.38n +.54–41 USRealEstI +15 8.45n +.38–41 † Muhlnkmp + 6 37.99 +.90

Munder A$ 1.9 bil 800–438–5789

–45 MidCoreGr b +10 16.52 +.52Munder Y$ 1.7 bil 800–239–3334

–45 Mid Core Gr +10 16.81n +.52Nationwide D$ 840 mil 800–848–0920

–42 Nationwide + 7 9.62 +.25Nationwide Funds Ins$ 3.6 bil 800–848–0920

+ 5 Bond Index + 3 10.96n +.01–42 Intl Idx +11 5.63n +.10–38 MidMktIdx + 9 8.65n +.28–38 S&P500 Idx + 5 7.45n +.18

Nationwide Funds Ser$ 2.9 bil 800–848–0920

–38 InvDestAggr + 8 6.13n +.14–24 InvDestMod + 5 7.38n +.10–32 InvDstMdAg + 7 6.81n +.13

Natixis Funds$ 1.6 bil 800–225–5478

–39 CGM TargEqA + 3 7.56 +.16Neubg Brm Adv$ 659 mil 800–877–9700

–34 Genesis + 4 17.72n +.53Neubg Brm Inv$ 8.2 bil 800–877–9700

–42 Focus + 8 13.49n +.38–34 Genesis + 4 21.19n +.63–34 Genesis I + 5 29.19n +.88–39 Guardian + 7 9.46n +.34–53 Partners +10 15.08n +.44–40 Soc Respons + 6 15.73n +.51

Neubg Brm Tr$ 4.1 bil 800–877–9700

–34 Genesis + 5 30.42n +.92–53 Partners +10 11.61n +.34

New Covenant$ 1.3 bil 800–858–6127

–40 Growth + 7 21.41n +.52–15 Income + 6 20.27n +.09–37 † NFJ Div Val + 8 9.46n +.24

Nicholas Group$ 1.6 bil 800–227–5987

–33 Nicholas + 8 29.68n +.77Northeast Inv$ 661 mil 800–225–6704

–37 Trust + 3 4.10n +.05Northern$ 13.6 bil 800–595–9111

+ 6 BondIndex + 3 10.26 +.01+ 4 Fixed Income + 3 9.86n +.01–49 GlbRlEstIdx +14 5.26 +.12–20 Hi Yld Fx Inc + 6 5.70n +.05.. Intl Eq Idx .. no quote–42 Intl Growth Eq +10 6.04n +.11

0 Intmd Tax Ex + 2 9.82n +.04–40 MltMgrIntEq +13 6.99 +.12+ 8 ShInt US Gv + 1 10.61n ..–26 Sm Cap Val +10 10.18n +.38–38 Stock Index + 5 10.98n +.26– 2 Tax Ex + 2 9.74n +.03

Northern Instl$ 1.7 bil 800–637–1380

+ 5 Bond A + 3 19.76n +.02–38 Equity Index A + 5 8.81n +.21+15 US Tr Idx A + 3 24.04n +.02

Nuveen Cl A$ 6.9 bil 800–257–8787

–40 Hi Yld Muni –13 11.49 +.03– 4 IntDurMuni 0 8.17 +.01– 6 KY Muni + 1 9.73 +.02+ 1 LtdTrmMuni + 1 10.39 +.02– 4 OH Muni + 1 10.14 +.03– 4 TN Muni + 2 10.26 +.04

Nuveen Cl C$ 1.8 bil 800–257–8787

–41 Hi Yld Muni –13 11.49n +.03+ 1 LtdTrmMuni + 1 10.35n +.01

Nuveen Cl R$ 5.3 bil 800–257–8787

–40 HiYldMuniBd –12 11.50n +.04– 7 Insur Muni + 1 9.45n +.05– 4 IntmDurMun + 1 8.19n +.02+ 1 LtdTrmMuni + 1 10.32n +.01

Oakmark I$ 20.2 bil 800–625–6275

–17 Equity & Inc + 3 21.43n +.25–39 Global + 7 13.93n +.27–41 Intl + 7 10.88n +.10–45 Intl Sm Cap +11 7.24n +.10–34 Oakmark + 9 25.33n +.66–37 Select +13 15.71n +.47

Old Westbury$ 6.8 bil 800–607–2200

.. GlobalSmall .. no quote+ 2 Muni Bond + 3 11.09n +.02.. NonUSLgCap .. no quote–37 Real Return + 3 7.86 +.12

Olstein$ 554 mil 800–799–2113

–45 AllCapValC + 7 7.75n +.20Oppenheimer A$ 52.0 bil 888–470–0862

–41 ActiveAlloc + 8 6.96 +.16–42 AMT Fr Muni –10 4.89 +.01–30 AMT Free NY – 5 8.37 –.06–43 Balanced + 6 7.54 +.15–42 CA Muni – 9 5.68 ..–47 Cap Apprec + 8 27.43 +.58–38 Cap Income + 7 6.72 +.12–36 Core Bond + 9 6.13 +.06–48 Develop Mkt +10 15.83 +.35–45 Equity + 8 5.67 +.14–42 Glob Opport +12 15.42 +.44–41 Global +10 38.00 +1.09

–40 Gold&SpMin +32 19.98 +.03– 3 Intl Bond x + 3 5.92 –.03–42 Intl Growth +10 17.79 +.43–67 Intl Sm Co +10 8.86 +.32–44 IntlDivers +10 7.61 +.16–15 Ltd Muni – 3 12.49 +.03– 7 Ltd Trm Gvt + 3 8.90 +.03–40 Main Street + 8 21.67 +.64–40 MainSt Opp + 9 8.13 +.27–41 MainStSC +11 11.69 +.45–35 PA Muni – 7 7.56 .... RisingDivs .. no quote–51 Sml Mid Val +10 17.93 +.53–17 Strat Inc + 5 3.46 +.02– 2 US Govt + 6 8.95 +.03–43 Value + 8 14.34 +.38

Oppenheimer B$ 4.3 bil 888–470–0862

–42 Global +10 35.31n +1.02

– 4 Intl Bond x + 3 5.90n –.03–40 Main Street + 8 21.15n +.62–18 Strat Inc + 5 3.47n +.02

Oppenheimer N$ 2.3 bil 888–470–0862

– 4 IntlBond x + 3 5.90n –.04Oppenheimer Y$ 10.0 bil 888–470–0862

–46 Capital Apprec + 8 28.43n +.60–58 ComStrTotRt –10 2.88n –.03–36 Core Bond + 9 6.12n +.06–48 DevelopMkts +10 15.66n +.35–41 Global +10 38.02n +1.10

– 3 IntlBond x + 3 5.92 –.03–42 IntlGr +10 17.66n +.43– 7 Ltd Trm Gvt + 3 8.89n +.02–40 Main Street + 8 21.66n +.63–40 MainStSmCp +11 12.26n +.47– 2 USGovt + 6 8.98n +.03–42 Value + 8 14.60n +.39

Oppenhmr C&M$ 10.0 bil 888–470–0862

–42 ActiveAlloc + 8 6.85n +.15–47 Cp Apprc C + 8 24.43n +.51–49 Devlp Mkt C +10 15.37n +.34–42 Global C +10 35.90n +1.03

– 4 Intl Bond C x + 3 5.90n –.03–15 Ltd Muni C – 3 12.45n +.03–40 Main St C + 8 21.02n +.61–18 Strat Inc C + 6 3.45n +.01

Oppenhmr Quest$ 4.0 bil 888–470–0862

–33 Bal B + 8 10.22n +.20–32 Bal Val A + 8 10.43 +.21–21 Opp Val A + 2 21.27 +.24

Oppenhmr Roch$ 15.0 bil 888–470–0862

–11 LtdTrmNY A – 2 2.85 ..–11 LtdTrmNY C – 2 2.84n ..–32 Muni A – 6 11.47 –.06–32 Muni C – 6 11.46n –.05–49 NatlMuni A –11 5.16 –.01–50 NatlMuni C –11 5.15n –.01

Optimum Instl$ 1.6 bil 800–914–0278

– 8 Fixed Inc + 1 7.71n +.02–38 Lrg Cap Val + 7 7.48n +.21–44 Lrg Cp Grow + 6 7.33n +.17

—P—Q—R—Pacific Cap Inst$ 1.1 bil 800–258–9232

+ 5 HgCrFxInY + 2 11.03n +.030 Tax Fr + 2 9.65n +.02

Parnassus$ 1.6 bil 800–999–3505

–24 Equity Inc x + 7 19.06n +.42Pax World$ 1.8 bil 800–767–1729

–31 Balance + 5 16.87n +.23Payden Funds$ 1.8 bil 800–572–9336

0 Core Bond + 4 9.70n +.02+ 7 GNMA + 1 10.07n ..+ 1 Short Bond + 1 9.77n ..

Permanent Port$ 3.2 bil 800–531–5142

– 9 Portfolio + 9 32.45n +.24PIMCO A$ 25.0 bil 800–426–0107

–17 All Asset + 8 10.23 ..– 9 AllAsstAuth + 8 9.44 ..–46 Commod RR x + 1 6.13 –.11–15 DevLocalMkt + 5 8.47 ..+ 4 GNMA + 1 11.07 –.02–25 High Yield + 7 6.64 +.09– 2 Low Dur + 3 9.41 +.03– 6 Real Return + 5 9.50 ..– 2 Short Term + 1 9.19 –.01+ 4 Total Retrn + 3 10.13 +.02

PIMCO Admin$ 28.6 bil 800–927–4648

–46 Commod RR x + 1 6.15n –.11– 4 ForBondUnhg + 8 8.60 +.03–25 High Yield + 7 6.64n +.09– 2 Low Dration + 3 9.41n +.03– 6 Real Return + 5 9.50n ..– 2 Short Term + 1 9.19n –.01+ 4 Total Retrn + 3 10.13n +.02

PIMCO B$ 2.0 bil 800–426–0107

– 7 Real Rtrn + 5 9.50n ..+ 3 Total Retrn + 3 10.13n +.02

PIMCO C$ 7.9 bil 800–426–0107

–17 All Asset + 8 10.13n ..–46 Commod RR x + 1 6.05 –.09– 3 Low Dur + 3 9.41n +.03– 7 Real Return + 5 9.50n ..+ 3 Total Retrn + 3 10.13n +.02

PIMCO D$ 10.2 bil 800–426–0107

–46 Commod RR x + 1 6.14 –.11–15 DevLocMkt + 5 8.47 ..– 2 Low Dur + 3 9.41n +.03– 6 Real Return + 5 9.50n ..+ 4 Total Retrn + 3 10.13n +.02

PIMCO Instl$ 136 bil 800–927–4648

–16 All Asset + 8 10.30n ..– 8 AllAsstAuth + 8 9.48 ..–46 Commod RR x + 1 6.20 –.13–15 DevLocalMkt + 5 8.47 ..–14 Diverse Inc + 5 8.58 +.03–15 Emrg Mkt Bd + 7 8.45n +.02

–25 Float Inc + 1 6.95n +.01– 4 ForBondUnhg + 8 8.60 +.03– 3 Foreign Bd + 3 9.05n ..–45 FundIdxPlTr x +12 5.55 +.11– 3 Global Bond + 7 8.57n +.02–25 High Yield + 7 6.64n +.09+ 2 InvGrCorpBd + 6 10.12n +.05– 2 Low Dur + 3 9.41n +.03– 1 Low Dur 2 + 2 9.36n +.01+15 LT US Govt + 7 12.11n +.06+ 3 Mod Duration + 3 9.91n +.04– 1 MortBack + 1 10.03n –.02– 5 Real Asset + 8 9.93 +.02– 6 Real Return + 5 9.50n ..–49 RealEstRR +28 2.86 +.13– 2 Short Term + 1 9.19n –.01+ 3 Tot Retn III + 4 8.89n +.01+ 5 Total Ret II + 3 9.77n ..+ 4 Total Retrn + 3 10.13n +.02

Pioneer A$ 14.1 bil 800–225–6292

–16 AMTFrMuni – 2 10.86 +.01– 5 Bond + 1 8.23 –.01–33 CullenValue + 5 14.00 +.27–31 Eqty Inc + 6 19.63 +.53–38 Glob Hi Yld – 4 6.58 –.09–38 High Yield – 2 6.02 +.03–50 Independnc +11 6.76 +.19–35 Mid Value + 9 14.26 +.44–35 Pioneer + 5 28.72 +.74–13 Strat Inc 0 8.45 –.11–23 Tax Fr Inc – 3 8.20 ..–42 Value + 5 8.66 +.22

Pioneer C$ 2.1 bil 800–225–6292

–33 CullenValue + 5 13.90 +.27–39 High Yield – 2 6.12 +.03

Pioneer Y$ 3.2 bil 800–225–6292

– 5 Bond + 1 8.16 –.01–32 CullenValue + 5 14.04 +.28–35 Pioneer + 5 28.80n +.74

Price Advisor$ 8.1 bil 800–638–5660

–43 Blu Chp Gr + 7 22.76n +.50–37 Equity Inc + 5 16.78n +.40–43 Growth Stk + 7 18.93n +.38+ 2 Intl Bond + 8 9.63n +.05–41 Mid Cap Gr +10 31.60n +.93–39 Retire 2030 + 7 10.98n +.25–31 SmlCapVal + 7 22.69n +.72–41 Value + 6 14.82n +.41

Price Funds$ 178 bil 800–638–5660

–29 Balanced + 6 13.96n +.24–43 BlueChip Gr + 7 22.72n +.50–28 CapApprc + 7 13.78n +.31–34 Dividend Gr + 6 16.26n +.39–18 EmergMktBd + 7 10.10n +.07–76 EmrgEur&Med 0 7.87n +.12–61 EmrgMktStk +12 16.28n +.44–37 Equity Inc + 5 16.82n +.41–38 Equity Index + 5 23.91n +.57–43 Euro Stk +15 10.85n +.27–54 Global Stock +13 11.20n +.25+ 5 GNMA + 1 9.56n –.01–38 Growth & Inc + 6 13.67n +.34–43 Growth Stk + 7 19.05n +.39–43 GrowthStk R + 7 18.82n +.38–30 Health Sci +13 19.55n +.50–26 Hi Yld Adv + 2 4.64n +.04–26 High Yld + 2 4.65n +.04–22 High Yld Ins + 2 7.04n +.06– 1 InflProtBd + 3 10.78n +.02.. InstFltRt – 1 7.87n +.05+ 2 Intl Bond + 8 9.65n +.05–45 Intl Gr&Inc +12 9.37n +.25–48 Intl Stock +12 8.43n +.23–50 IntlDiscov + 9 24.13n +.57–56 Latin Amer +11 22.44n +.66–42 LgCpGrInstl + 9 9.07n +.21– 7 MD Tax Fr Bd – 1 9.21n +.02–47 Media&Telcm + 9 24.22n +.71–41 Mid Cap Gr +10 32.03n +.95–36 Mid Cap Val + 7 14.04n +.36–39 New Amer Gr + 9 18.48n +.48–61 New Asia +14 7.97n +.22–51 New Era + 6 29.23n +.60+ 1 New Income + 3 8.64n +.01–41 NewHorizns +10 17.28n +.56– 6 NJ Tax Fr Bd 0 10.39n +.02– 6 NY Tax Fr Bd + 1 10.05n +.03–45 OverseasStk +12 5.73n +.15–21 PersnlStrIn + 5 12.01n +.15–38 PersonlStrGr + 7 14.74n +.33–30 PrsnlStrBal + 6 13.10n +.22–42 Real Estate +20 10.64n +.39–34 Ret2020 Adv + 6 10.96n +.22–23 Retire 2005 + 5 8.58n +.12–27 Retire 2010 + 5 11.08n +.17–27 Retire 2010 + 5 11.12n +.17–34 Retire 2020 + 6 11.00n +.22–39 Retire 2030 + 7 11.03n +.25–40 Retire 2040 + 7 10.95n +.26–40 Retire 2045 + 7 7.29n +.17–20 Retire Inc + 3 10.25n +.11

–31 Retire2015 + 6 8.23n +.15–34 Retire2020R + 6 10.90n +.22–37 Retire2025 + 7 7.85n +.17–40 Retire2035 + 7 7.70n +.18–44 Sci & Tech + 9 13.03n +.36–32 Sm Cap Value + 6 22.80n +.72–35 SmCapStk +10 18.97n +.63–42 Spectrum Gr + 8 10.85n +.27–10 Spectrum Inc + 3 10.30n +.06+ 1 ST Bond + 1 4.58n –.01

0 SumtMunInt + 1 10.48n +.03– 6 Tax Fr Inc 0 8.82n +.03–38 TotEqMktIdx + 6 9.55n +.24–22 Tx Fr Hi Yld – 6 8.50n +.01+ 3 Tx Fr Sh Intm + 1 5.33n ..+ 5 US Bond Idx + 3 10.67n +.01+25 US Treas LT + 8 14.01n +.10+15 US Trs Intm + 3 6.14n ..– 5 VA Tax Fr Bd + 1 10.48n +.04–41 Value + 6 14.91n +.40

PRIMECAP Odyssey Fun$ 736 mil 800–729–2307

–35 Growth + 9 9.33 +.21Principal Funds$ 39.6 bil 800–247–4123

–27 Balanced A + 5 9.57 +.16–15 Bd & Mtg In + 3 8.45n +.03–39 DiscLrgInst + 6 9.05n +.21–47 DivrsIntlIn +10 7.40n +.16–35 Eq Inc A + 8 13.13 +.32–23 HighYield A + 5 5.98 +.04–20 HiYieldInst + 5 7.27n +.10–17 InflProt In + 3 7.19 +.01–47 Intl Gr Ins +10 6.86n +.17–36 Lg Val Inst + 5 7.17n +.17–39 Life 2040 I + 8 8.25 +.19–40 Life 2050 I + 8 7.83 +.18–44 Lrg Gr Inst + 5 5.37n +.08–31 LT 2010 In + 6 8.58n +.13–34 LT 2020 In + 7 8.56n +.17–35 LT 2020 J + 7 8.50n +.16–37 LT 2030 Instl + 7 8.25n +.17–24 Pref Secs I + 7 6.66 +.08–45 PtrIntl Ins +11 8.84n +.21–37 PtrLgBl Ins + 5 6.56n +.16–42 PtrLgGrI In + 9 5.01n +.12–39 PtrLgGrII I + 5 5.46 +.13–40 PtrLVa I In + 5 7.83 +.22–42 PtrLVa Inst + 6 7.70n +.19–49 PtrMdGr In + 8 5.66n +.16–37 PtrMdValI I + 7 7.83 +.23–35 Real Est I +19 10.27 +.45–28 StrAsBal C + 5 9.47n +.16–35 StrAsConGrB + 7 9.39n +.20–35 StrAsConGrC + 6 9.30n +.20–39 StrAsStrGrA + 7 10.29 +.25–28 StrAstBal B + 5 9.53n +.16–34 StrAstCnGrA + 7 9.83 +.21

Putnam A$ 36.2 bil 800–225–1581

– 1 AmerGovtInc + 6 8.66 +.02–39 Asset All Gr + 9 8.34 +.19–34 Asst All Bal + 7 7.76 +.13–11 CA Tax Ex – 2 6.78 ..–40 Conv Inc&Gr + 4 11.58 +.13–36 Diversifd Inc + 9 5.78 +.05–32 Equity Inc + 7 10.72 +.28–46 Glob Eqty + 8 6.32 +.14–40 Gr & Inc + 5 9.24 +.21–41 Grge Fd Bos + 8 8.94 +.15–27 High Yield + 4 5.20 +.09–18 Hlth Science + 7 37.09 +.72–21 Income + 8 4.96 +.01–45 Intl Equity + 9 15.11 +.38–46 Intl Gr&Inc +12 7.43 +.18–49 IntlCapOpps +13 19.34 +.43–41 Investors + 5 8.59 +.19– 6 MA Tax Ex – 1 8.43 +.03–44 Mid Cap Val +10 7.00 +.21–39 New Opport + 8 31.84 +.71–47 New Value + 5 7.95 ..– 8 NY Tax Ex 0 7.55 +.02–10 Tax Ex Inc – 1 7.43 +.01– 4 Tax Fr Insur + 1 13.65 +.04–25 Tx Fr Hgh Yld – 8 8.91 ..– 5 US Govt Inc + 7 12.13 +.01–31 Util Gr&Inc + 4 10.75 +.20–46 Vista + 6 6.25 +.14–38 Voyager + 9 11.97 +.28

Putnam M$ 1.2 bil 800–225–1581

–36 Diversifd Inc + 9 5.72 +.05Putnam Y$ 5.4 bil 800–225–1581

–24 Ast All Cons + 7 7.03n +.07–40 Growth & Inc + 5 9.26n +.21–20 Income + 8 5.00n +.01–45 Intl Equity + 9 15.27n +.38–41 Investors + 5 8.70n +.20–38 Voyager + 9 12.45n +.30

Quaker Funds$ 617 mil 800–220–8888

–46 Strat Gr A + 4 12.37 +.22Rainier Funds$ 3.9 bil 800–248–6314

–42 Lg Equity + 5 17.41n +.41–41 LgEq I + 5 17.49n +.41–50 Sm/Mid Eq + 9 19.60n +.62–50 Sm/Mid Eq I + 9 19.98n +.64

Ridgeworth$ 9.1 bil 877–984–7321

–21 Hi Yield I + 4 7.45n +.08+ 2 InGrTxEx I + 2 11.32n +.04–49 Intl Eq I +10 7.40n +.17

–43 IntlEqIdx I +12 10.45n +.28+ 8 Intmd Bd I + 3 10.31 +.02+ 8 InvGrdBd I + 4 11.13n +.02–41 Large Gr I + 6 6.75n +.15–39 LgCoreEq I + 7 9.67n +.22–33 LgValEq I + 6 8.88n +.21– 2 ShTrmBd I + 2 9.31n +.02+ 7 TotRetBondI + 3 10.31n +.01+13 USGovSec I + 2 11.38n ..

RiverSource A$ 24.8 bil 888–791–3380

–30 Balanced + 4 7.41 +.12–40 Discpln Eq + 5 3.98 +.09–37 Div Oppor + 5 5.54 +.12– 6 Divers Bond + 3 4.36 +.01–41 DivrsEqInc + 6 6.97 +.17–40 Equity Val + 6 7.24 +.19– 1 Glbl Bond + 6 6.28 +.03–45 Growth + 6 16.83 +.38–25 High Yield + 2 1.91 +.01–20 InBldModIn + 3 8.05 +.08

0 InflProtSec + 4 9.55 –.01–43 Lrg Cap Eq + 6 2.90 +.08–45 Mid Cap Val + 7 4.58 +.14–50 PrInSelVal +10 4.51 +.10–25 PrtBldrMod + 5 7.87 +.11–41 PrtFmtlVal + 5 3.39 +.09–31 PrtModAggr + 6 7.39 +.13– 1 Sh US Gov 0 4.55 +.01–31 Strat Alloc + 5 7.45 +.12– 7 Tax Ex Bond + 1 3.37 +.02–10 TaxExHiInc 0 3.68 +.01

RiverSource B$ 3.4 bil 888–791–3380

–42 DvrsEqInc r + 6 6.98n +.17RiverSource I$ 3.8 bil 888–791–3380

– 6 Divers Bd + 3 4.37n +.020 Glbl Bond + 6 6.26n +.02

Royce Funds$ 13.4 bil 800–221–4268

–38 LowPrStkSev +15 8.87n +.25–43 MicroCap I + 8 8.67n +.22–48 Opport I + 7 5.35n +.17–36 PA Mutl Inv +10 6.76n +.22–37 PAMutlCnst +10 6.24n +.20–30 Premier Inv +10 12.00n +.41–33 TotlRet I + 9 8.48n +.27–36 Value Svc +13 6.84n +.19–43 ValuePlsSer +10 7.72n +.24

RS Funds$ 5.3 bil 800–766–3863

–48 Glb Nat Res + 8 19.66 +.430 InvQltBdVIP + 3 11.39n +.02

–30 LrgCpAlpha + 5 29.36 +.57–40 Partners + 9 17.49 +.56–43 Value + 8 14.64 +.41

RUSSELL FUNDS I$ 4.2 bil 800–787–7354

–45 IntlDvlMkt +11 23.75n +.56– 3 InvstGrBd + 4 19.50n +.02– 8 StratBd + 3 9.13n +.02–43 USCoreEqty + 7 18.72n +.45–38 USQuanEqty + 7 20.94n +.56

Russell Funds S$ 2.7 bil 800–787–7354

–54 EmergMkts +12 9.83n +.21–40 RealEstSec +18 23.09n +.98– 5 ShDuratnBd + 2 17.37 +.06+ 1 Tax Ex Bd + 1 20.75n +.03

Russell Lifepoint R3$ 2.0 bil 800–787–7354

–31 Bal Strat + 7 7.68 +.12–37 Gr Strat + 8 7.01 +.15

Russell Lifepoints A$ 2.0 bil 800–787–7354

–31 Bal Strat + 7 7.66 +.13–37 Gr Strat + 8 6.98 +.15

Russell Lifepoints C$ 2.3 bil 800–787–7354

–31 Bal Strat + 7 7.61 +.12–37 Gr Strat + 8 6.92 +.14

Russell Lifepoints E$ 1.2 bil 800–787–7354

–30 Bal Strat + 7 7.68 +.13Russell Lifepoints S$ 1.0 bil 800–787–7354

–30 Bal Strat + 7 7.71 +.12Rydex Dynamic$ 668 mil 800–820–0888

+71 InvS&P52xH –12 49.63n –2.39

Rydex H$ 958 mil 800–820–0888

+ 8 MgdFutreSt x – 4 28.44n –.52Rydex Investor$ 1.2 bil 800–820–0888

+43 InvS&P500 – 5 51.10n –1.16

–42 Ndq + 6 7.95n +.18

—S—T—U—Schroder Funds$ 1.1 bil 800–464–3108

–27 Muni Bd Inv –12 6.95n –.01–37 NorthAmerEq + 6 6.76n +.15

Schwab Funds$ 24.2 bil 800–435–4000

–38 1000Idx Inv + 6 25.89n +.62–38 1000Idx Sel + 6 25.86n +.63– 2 CA TxFr Bd 0 10.81n +.01–34 Core Equity + 7 12.57n +.33–31 Div Eq Inv + 6 10.10n +.26–31 Div Eq Sel + 6 10.03n +.26–26 Health Care + 9 12.18n +.27–38 InstlS&P500 + 5 7.01n +.17

–42 Intl Idx Sel +11 13.14n +.25–42 Intl Index Inv +11 13.16n +.25–26 MktTrack Bal + 5 12.48n +.19–39 MktTrck All Eq + 8 8.84n +.23–32 MTGrwth + 6 13.12n +.27–40 PremEqtySel + 8 7.38n +.20–38 S&P 500 Inv + 5 13.70n +.33–38 S&P500 Slct + 5 13.73n +.33–37 Sm Cap Inv + 9 12.10n +.42–37 Sm Cap Select + 9 12.10n +.42– 6 ST Bond Mkt + 1 8.97n +.01– 5 Tot Bd Mkt + 2 8.93n ..–38 TotStkIdxInv + 6 15.37n +.37–38 TotStkIdxSel + 6 15.39n +.38

Security Funds$ 1.3 bil 800–888–2461

–29 MidCapVal A + 9 19.32 +.54SEI Portfolios$ 16.9 bil 800–342–5734

– 8 CoreFxdInst A + 3 8.97n +.05–53 Emrg Mkt A +12 5.95n +.14–32 High Yld Bond + 3 4.85n +.07–50 Intl Equity A +11 6.49n +.11– 5 Intl Fxd Inc A + 1 9.21n +.01–20 IntlEmrgMkt A + 8 7.79n +.02– 1 Intmd Muni A 0 10.25n +.02–38 Larg Cp Val A + 6 12.18n +.34–42 Lge Cp Gr A + 6 13.70n +.32–38 S&P 500 Idx E + 5 24.37n +.58+ 5 Sh Dur Govt A + 1 10.25n –.01–49 Sm Cp Gr A +10 9.52n +.31–36 Sm Cp Val A x +10 10.65n +.39–40 TxMgdLgCp A + 6 8.32n +.21

Selected Funds$ 7.6 bil 800–243–1575

–40 American D + 5 28.01n +.72–40 American S + 5 28.05 +.72

Seligman Group$ 4.2 bil 800–221–2783

–38 Com & Inf C + 9 20.10 +.48–38 Com&Inf A + 9 23.84 +.56

Sentinel Group$ 3.1 bil 800–282–3863

–36 CmmnStk A + 4 21.36 +.53+ 7 Govt Sec A + 1 10.69 +.01–34 Small Co A + 8 4.82 +.16–29 † Sequoia + 5 93.17n +1.38

Sit Funds$ 1.2 bil 800–332–5580

+ 5 US Govt 0 10.75n ..–37 † Sound Shore x + 622.44n +.45

SSGA Funds$ 4.6 bil 800–647–7327

–56 Emerg Mkts +11 11.47 +.25–57 Emerg Mkts +11 11.44n +.25–42 Intl Stk Sel +10 8.03n +.19–38 S&P 500 Idx + 5 14.66n +.35

State Frm Asc$ 4.4 bil 309–766–2029

–16 Balanced + 4 46.60n +.57–30 Growth + 5 41.76n +.88+ 7 Interim + 1 10.42 +.01

0 Muni Bond + 3 8.33n +.02Stratton Funds$ 724 mil 800–634–5726

–28 Sm Cap Yield + 6 33.33n +.82SunAmerica$ 1.7 bil 800–858–8850

+ 8 GNMA A + 1 11.73 ..+12 US Govt A + 2 10.26 ..

Target Funds$ 1.7 bil 800–442–8748

+ 6 Intmd Bond + 3 10.02n +.02TCW Funds$ 4.7 bil 800–386–3829

–45 Div Foc + 6 6.86n +.18–42 DiversVal I + 6 8.81 +.24–39 Select Eq I + 9 10.19n +.23+ 1 TotRetBd I – 1 9.12n ..+ 1 TotRetBd N – 1 9.44n ..

Templeton Instl$ 5.6 bil 800–321–8563

–54 Emerg Mkt + 7 8.35n +.11–42 Foreign Eqty +10 14.79n +.26

TFS Capital$ 377 mil 888–837–4446

– 8 MktNeutrl + 5 13.02n +.11Third Avenue$ 7.9 bil 800–880–8442

–38 Intl Value + 9 11.50n +.12–46 Real Est Val +14 14.70n +.25–36 SmllCapVal +10 14.31n +.52–47 Value + 7 32.20n +.41

Thornburg A$ 7.8 bil 800–847–0200

–52 Core Growth + 9 9.60 +.23–37 Income Bldr + 5 13.78 +.23–42 Intl Value + 6 18.85 +.36– 4 Intmd Muni 0 12.08 +.04+ 1 Ltd Mun Nat 0 13.17 +.03–42 Value + 8 21.42 +.48

Thornburg C$ 3.0 bil 800–847–0200

–37 Income Bldr + 5 13.78n +.23–43 Intl Value + 6 17.87n +.33

Thornburg I$ 5.5 bil 800–847–0200

–42 Intl Value + 6 19.24n +.36+ 1 Ltd Trm Mun 0 13.17n +.03–42 Value + 8 21.77n +.49

Thrivent Funds A$ 4.8 bil 800–847–4836

–40 Lrg Cap Stk x + 4 15.85 +.13

–42 Mid Cap Stk x + 9 8.43 +.30– 3 Muni Bond + 1 10.40 +.02

TIAA–CREF Instl Reti$ 5.1 bil 800–223–1200

–50 IntlEquity +10 6.60n +.14–42 MidCapValue + 7 10.24n +.28

TIAA–CREF Instl Fun$ 7.5 bil 800–223–1200

+ 3 Bond + 3 9.94n +.01–38 Equity Idx + 6 6.46n +.16–36 Growth&Inc + 6 7.74 +.16– 1 InflLnkBond + 4 9.87n –.01–49 IntlEquity +11 6.41n +.14–29 MgdAlloc + 6 7.46 +.10–38 S&P500 Idx + 5 9.97n +.23

Tocqueville$ 916 mil 800–697–3863

–36 Gold +31 30.22 –.15–39 † Torray x + 4 21.34n +.46

Touchstone$ 3.2 bil 800–543–0407

–42 Lg Cap Gr A + 6 15.79 +.32–41 MidCapGrA + 5 13.52 +.38–49 SandsCapGrI r + 7 6.41 +.13

Tr For Cr Union$ 628 mil 800–342–5828

+ 2 Shrt Duratn + 2 9.48n –.01+ 3 UltShDurGov + 1 9.55n ..

Transamer Prem$ 966 mil 800–892–7587

–47 Equity Inv x + 3 13.66n +.19Transamerica A$ 2.8 bil 888–233–4339

–42 AstAllocGr + 5 8.13 +.19–30 AstAlMod + 1 8.78 +.12–36 AstAlModGr + 2 8.55 +.15

Transamerica B$ 1.1 bil 888–233–4339

–36 AstAlModGr + 3 8.56n +.15Transamerica C$ 3.2 bil 888–233–4339

–36 AstAllModGr + 3 8.54n +.15–42 AstAllocGr + 6 7.98 +.19–30 AstAlMod + 2 8.76n +.12

Transamerica Partner$ 5.2 bil 800–755–5801

–27 AAIntHzn + 4 8.03n ..– 2 Core Bond + 4 9.69n ..– 2 Core Bond + 4 11.57n ..–27 IAstAllIH + 4 7.21n .... IAstAllILH .. no quote–50 IntlEqty +10 4.85 +.13–41 Lg Growth + 6 4.31 +.09–44 Lg Value + 7 12.36 +.33–44 LgValue + 7 6.62 +.17.. MoneyMkt .. no quote–38 StkIndex + 5 5.94n +.14–38 StockIndex + 5 6.91n +.17

Turner Funds$ 1.3 bil 800–224–6312

–49 Mid Cap Gr + 7 18.39n +.51Tweedy Browne$ 4.2 bil 800–432–4789

–48 Global Value x –11 15.58n –2.63

UBS Investment Fds$ 4.8 bil 800–794–7753

–22 DynAlpha A + 3 5.06 +.10–37 GlobAlloc A + 7 7.29 +.18–37 GlobAlloc C + 7 7.12n +.18–41 US Lg Eq Y + 6 10.72n +.31

UBS Pace P$ 5.3 bil 800–647–1568

–24 AltStratInv + 3 8.23 +.07+ 2 Glb Fxd Inc + 8 11.21n +.07–44 Intl Eqty +10 10.17 +.28– 1 Intmd Fixed + 3 11.08n +.01–40 Lrg Co Gr + 7 11.52n +.26–41 Lrg Co Val + 8 11.47n +.29

0 Muni Fxd + 1 11.85n +.03+ 3 Secs Fxd Inc + 2 12.84n –.02+ 2 Str Fxd Inc + 5 12.40n +.01

UMB Scout$ 3.3 bil 800–996–2862

–42 Small Cap + 7 10.23n +.30–38 Worldwide + 9 21.68n +.38

US Glob Inv$ 1.6 bil 800–873–8637

–69 East Europe + 1 5.13n +.03–63 Glob Resourc 0 5.17 +.10

USAA Group$ 22.8 bil 800–531–8722

–42 Aggress Grth + 6 21.69n +.42–33 BalancStrat + 4 9.26 +.17–13 CA Bond – 2 8.78n +.04–44 Capital Gr + 7 4.95n +.12–35 CornerstStr + 7 15.47n +.29+ 7 GNMA Trust + 1 9.89n –.01–46 Growth + 5 9.80n +.20–42 Growth & Inc + 6 9.78n +.25–28 Hi Yld Opps + 1 5.52n +.05– 5 Income + 1 10.86n +.02–37 IncomeStk + 6 9.22n +.24–35 International +13 17.05n +.47–16 Intm Trm Bd – 2 7.83n +.02–26 Prcs Metals +38 20.79n –.03–38 S&P 500 + 5 13.32n +.32–38 S&P500Rwd + 5 13.32n +.32– 3 Sh Term Bond 0 8.31n –.01–38 SmlCapStk + 9 8.14n +.27– 8 Tax Ex Intmd – 1 11.34n +.03–13 Tax Ex LT – 2 11.04n +.03+ 1 Tx Ex Sh Trm – 1 10.24n ..– 8 VA Bond – 1 9.84n +.02

Top International FundsLast 36 Months (All Total Returns)

Performance% Change Rank $ Net

Mutual Fund In 2008 36 Mos. Assets

Best % Change Last 9 Months:Gabelli AAA ABC Fund # 2 162 milParnassus Equity Inc # 19 1.3 bilBBH Funds CoreSelectN # 19 164 milFidelity Sel ConsumeStpl # 21 682 milVanguard Dividend Gr # 22 1.7 bilCGM Mutual # 22 458 milRS LrgCpAlpha # 26 602 milAmer Cent Inv Giftrust # 38 716 milAmer Cent Inv Heritage # 38 1.1 bilJ Hancock A Lrg Cap Eq # 38 1.2 bilCGM Focus # 44 4.3 bil

Best % Change Last 18 MonthsGabelli AAA ABC Fund # 2 162 milFidelity Sel ConsumeStpl # 14 682 milCGM Mutual # 16 458 milBBH Funds CoreSelectN # 21 164 milParnassus Equity Inc # 23 1.3 bilVanguard Dividend Gr # 27 1.7 bilCGM Focus # 27 4.3 bilJ Hancock A Lrg Cap Eq # 30 1.2 bilRS LrgCpAlpha # 30 602 milAmer Cent Inv Giftrust # 39 716 milAmer Cent Inv Heritage # 39 1.1 bil

Top Growth FundsLast 9 and 18 Months (All Total Returns)

$ NetMutual Fund % Change Assets

U.S. Stock Fund Cash PositionHigh (11/01) 5.3% Low (12/06) 3.4%

Matthews Asian China # 50 A" 737 milFrank/Tmp Tp A Glob Bond " 6 A" 6 bilWaddell&Rd Adv AssetStr A # 26 A" 2.2 bilDelaware Pl Tr Global Fxd Inc " 10 A" 172 milIvy AssetStr C # 27 A" 4.3 bil

Federated A PrudGlbInc " 1 A" 372 milISI N Am GvBd " 9 A" 148 milFranklin Temp Hard Curncy " 1 A" 471 milMerk Hard Funds CurrencyInv # 4 A" 239 milAmer Cent Inv Intl Bond " 3 A" 1.4 bil

Evergreen I Intl Bond I " 9 A" 891 milDFA Investment 2Yr Glbl Fxd " 4 A" 3.1 bilDreyfus GrtrChinaA # 57 A" 165 milDFA Investment 5GlbFxdInc " 4 A" 3.2 bilPrice Intl Bond " 2 A" 2 bil

Oppenheimer B Intl Bond # 4 A 277 milPermanent Port Portfolio # 9 A" 3.1 bilBlackRock Instl Intl Bond " 3 A" 168 milFrank/Tmp TpAd ChinaWrld # 45 A 431 milAmerican CapWrldBd 0 A 5.4 bil

Artio Global Funds TotRetrn A " 1 A 311 milUBS Pace P Glb Fxd Inc " 2 A 415 milRiverSource A Glbl Bond # 1 A 243 milWaddell&Rd Adv Glbl Bond A # 5 A 452 milPIMCO Instl Global Bond # 3 A 671 mil

JUN 07 3.6%JUL 07 3.6%AUG 07 3.5%SEP 07 3.5%OCT 07 3.7%NOV 07 3.9%

DEC 07 3.9%JAN 08 3.9%FEB 08 3.9%MAR 08 4.0%APR 08 4.0%MAY 08 4.1%

JUN 08 4.3%JUL 08 4.3%AUG 08 4.4%SEP 08 4.4%OCT 08 4.7%NOV 08 4.9%

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

2008 4 Wk Net% % Asset NAVChg Fund Chg Value Chg

INVESTOR'S BUSINESS DAILY EXCHANGE TRADED FUNDS WEDNESDAY, DECEMBER 31, 2008 A9

U.S. Stock/Broad Index78.3 99 B 88.4 ProS Ultsht QQQ QID 0.0 58.37 -2.64 -6058.2 99 D 128.1 ProS Ultsht R2000 Grw SKK 0.6 67.33 -4.42 -7673.1 99 B- 182.2 RX Inv 2X S&P 500 RSW .. 116.89 -6.46 -6440.1 98 B- 90.9 ProS Short S&P 500 SH .. 73.38 -1.73 -7552.0 98 C 116.3 ProS Ultsht Mdcp 400 MZZ 0.0 60.85 -4.03 -7654.5 98 B- 115.7 ProS Ultsht S&P 500 SDS 0.2 72.71 -3.42 -6533.2 98 B- 126.4 ProS Ultsht Smcp 600 SDD 1.0 65.77 -4.54 -8831.5 97 B- 83.5 ProS Short Dow 30 DOG 0.2 69.44 -1.35 -7638.9 97 B- 94.8 ProS Short QQQ PSQ 0.0 73.93 -1.84 -5627.3 97 D- 93.1 ProS Short Russ 2000 RWM 2.1 67.70 -2.44 -6440.0 97 B- 86.7 ProS Ultsht Dow 30 DXD 0.2 54.81 -2.41 -7629.7 97 C 132.6 ProS Ultsht Russ 2000 TWM 0.4 66.92 -4.10 -67

-29.3 73 B- 61.6 IS S&P/Topix 150 ITF 1.7 41.22 1.02 -64-29.7 73 D+ 20.6 PS Dyn Large Value PWV 2.9 14.31 0.48 10-27.8 73 C+ 56.8 Spdr S&P Dividend SDY 5.9 39.76 1.15 -32-29.1 72 B 56.8 VG Div Apprec VIG 2.6 39.68 0.79 29-34.6 68 C 134.4 DJI Diamonds Trust DIA 3.4 86.68 1.77 -51-34.9 68 C+ 16.8 NV Eqty Prem Income JPZ12.3 10.69 0.40 9-36.0 67 B+ 112.1 RX Russell Top 50 XLG 2.6 70.70 1.61 -74-37.4 65 D 65.9 IS DJ Select Divdnd DVY 5.5 40.36 1.02 -21-37.8 65 D+ 69.8 IS S&P 100 Index OEF 3.1 42.76 0.91 -45-35.7 65 D- 16.9 NV Eqty Prem Opp JSN12.8 10.50 0.12 -5-39.1 64 B- 81.8 IS Mstar Large Value JKF 3.9 49.13 1.04 20-36.4 64 C+ 70.9 IS S&P 500 Grw Indx IVW 1.8 44.39 1.03 -30-38.8 64 D+ 81.7 IS S&P Glb 100 Indx IOO 2.9 49.59 1.47 -29-38.4 64 B 52.6 PS Dyn Market PWC 1.9 31.94 0.90 608-38.2 64 D- 58.7 WT LargeCap Div DLN 3.6 35.70 1.19 34-38.9 63 D- 16.8 NV Eqty Prem Advntg JLA13.1 10.05 0.31 -16-39.1 63 C+ 17.5 NV Eqty Prem&Grwth JPG11.1 10.43 0.25 -17-38.9 63 C 67.8 VG Value VTV 4.2 40.56 1.06 20-32.4 62 B 81.1 IS Russell 2000 Val IWN 3.8 47.66 1.71 -6-33.0 62 C+ 80.2 IS S&P SC 600 Valu IJS 3.1 46.88 1.70 65-34.0 62 B 76.0 IS S&P Smcp 600 IJR 2.3 42.92 1.41 -19-39.1 61 B- 24.6 FrstTr DB Stratg Value FDV 2.0 14.73 0.40 32-39.4 61 C+ 75.4 IS DJ US Index IYY 2.8 43.35 1.17 47-39.0 61 B 105.5 IS Russell 3000 Val IWW 3.3 63.42 1.86 75-38.8 61 B+ 66.1 IS S&P 1500 Indx ISI 2.7 39.82 1.05 16-35.1 61 D- 17.2 PS Dyn Sml Value PWY 1.5 10.35 0.31 22-39.2 61 B- 68.1 VG Large-Cap VV 2.6 39.95 0.80 4-39.2 61 C+ 73.6 VG Total Stock Mkt VTI 3.0 44.12 1.13 -38-39.4 60 B- 81.0 IS Russell 1000 Indx IWB 2.2 48.23 1.11 -16-39.4 60 C 81.5 IS Russell 1000 Val IWD 3.3 48.60 1.20 -5-39.3 60 C 148.9 IS S&P 500 Index IVV 3.0 89.14 1.89 -49

-39.8 59 C+ 61.9 IS Russell 1000 Grwth IWF 1.8 36.56 0.84 -5-36.6 59 B 79.0 IS Russell 2000 Indx IWM 3.0 48.12 1.30 -57-40.1 59 B- 50.2 IS Russell 3000 Grwth IWZ 1.7 29.68 0.82 -22-39.4 59 B- 85.9 IS Russell 3000 Indx IWV 2.6 51.12 1.21 -1-35.3 59 B- 70.7 IS S&P Smcp 600 Grw IJT 1.6 43.66 1.41 10-37.6 59 C+ 67.0 Spdr DJ Wil SC Value DSV 1.9 41.20 1.60 3-39.5 59 B- 65.5 VG Growth VUG 1.7 38.98 0.94 25-40.7 59 E 56.9 WT Div Top 100 DTN 6.3 33.32 0.90 -48-42.3 58 B 59.1 PS FTSE Rafi US PRF 4.0 33.57 0.84 17-43.3 58 D+ 14.2 PS Hi Yld Eq Divdnd PEY 7.9 7.55 0.25 16-40.6 58 C+ 148.6 Spdr S&P 500 SPY 3.3 86.91 0.00 -70-36.3 58 B- 67.4 VG Small-Cp Value VBR 3.1 41.17 1.58 5-41.3 57 D+ 106.1 Fidelity Nasdaq Comp ONEQ 1.4 61.04 1.73 300-41.9 57 B 77.7 IS S&P 500 Value Indx IVE 4.3 44.34 1.08 -48-38.0 57 B- 82.8 IS S&P MC 400 Valu IJJ 4.6 49.29 1.67 58-38.5 57 B 89.6 IS S&P Mdcp 400 IJH 2.9 52.26 1.56 -2-42.4 57 C+ 52.2 PS QQQ Trust QQQQ 0.6 29.49 0.60 -61-42.6 56 D- 19.0 PS Dyn Lrg Gr PWB 2.2 10.77 0.34 -4-41.3 56 C+ 54.5 PS FTSE US 1500 PRFZ 2.1 31.40 1.19 -46-39.7 56 B- 54.4 VG Mid-Cap Value VOE 2.7 32.03 0.98 -47-43.5 56 D- 54.7 WT High-Yield Equity DHS 6.6 30.01 0.81 -30-38.9 55 B- 95.1 IS S&P Mdcp 400 Grw IJK 1.2 54.41 1.92 38-46.0 55 E 53.2 Spdr DJ Stoxx 50 FEU 4.7 28.58 0.80 -34-41.6 55 C+ 40.0 Spdr Industrial XLI 3.8 22.87 0.82 -65-42.1 54 D 74.0 IS DJ US Industrial IYJ 2.9 42.12 1.19 -19-42.9 54 D+ 72.5 IS Mstar Large Growth JKE 1.3 40.78 0.76 18-38.8 54 D- 84.7 IS Mstar Small Core JKJ 2.1 49.41 2.03 -1-40.8 54 B- 89.0 IS Russell 2000 Grw IWO 2.1 49.45 1.35 -4-41.3 54 B 48.3 IS Russell Mdcp Value IWS 3.2 27.59 0.90 -30-42.3 54 B 54.1 IS Russell Microcap IWC 1.8 30.44 0.63 32-45.2 54 D+ 24.6 PS Dyn MidCap Grwth PWJ .. 13.29 0.33 -18-42.5 54 C+ 47.9 RX S&P 500 Eql Wght RSP 2.1 27.13 0.83 3-39.4 54 B+ 75.0 VG Small-Cap VB 2.2 41.25 1.25 -10-40.5 53 C 163.3 Spdr S&P MdCp 400 MDY 2.4 92.36 0.00 -67-41.5 52 C 86.7 IS Mstar Mid Core JKG 2.8 48.33 1.16 26-43.5 52 C 106.3 IS Russell Mdcp Indx IWR 2.8 58.51 1.91 -62-41.4 52 C+ 56.2 VG Extended Market VXF 1.9 30.80 0.90 25-42.9 52 C 74.5 VG Industrials VIS 2.7 41.73 1.24 -29-42.5 52 C 72.5 VG Small-Cp Growth VBK 1.0 41.00 1.25 4-46.4 51 C+ 16.8 Dow 30 Enh Prem&Inc DPO23.3 8.58 0.07 15-45.0 51 E 15.6 PS Zack Micro PZI 0.7 8.46 0.21 286-44.1 51 D 77.4 VG Mid-Cap VO 2.2 42.26 1.23 -47-43.2 50 C 99.9 Spdr DJ Wil SC Grwth DSG 1.4 55.82 2.21 660-46.1 49 B 58.1 IS Russell Mdcp Grw IWP 1.3 30.70 0.90 -37-49.5 49 C+ 18.7 Nasdaq Prem Inc&Gr QQQX20.1 9.20 0.19 7-47.4 49 D- 19.0 PS ValLine Timeliness PIV 0.4 9.81 0.36 165

-48.5 47 B- 65.8 VG Mid-Cap Growth VOT 0.7 33.38 0.92 -50-47.7 46 C 102.1 IS Mstar Mid Growth JKH 0.9 52.33 1.50 -50-51.7 42 D- 71.3 WT Intl Div T100 DOO11.5 33.68 0.94 8-62.2 36 B+ 67.5 KBW Capital Markets KCE 1.7 25.30 1.34 -79-63.4 31 D 87.5 ProS Ultra Dow 30 DDM 1.9 31.18 1.24 -54-69.1 23 C 85.5 ProS Ultra S&P 500 SSO 0.9 25.58 0.99 -61-64.4 22 B- 62.0 ProS Ultra Smcap 600 SAA 0.6 21.37 1.36 -13-68.9 22 D- 72.7 RX 2X S&P 500 RSU 1.6 21.99 1.08 -55-73.4 20 E 102.7 ProS Ultra QQQ QLD .. 26.42 1.15 -58-69.2 19 D- 83.9 ProS Ultra Midcap 400 MVV .. 23.99 1.51 -62-68.7 19 C 63.4 ProS Ultra Russ 2000 UWM 0.8 18.93 0.81 -52-69.5 18 C 22.8 PS Listed Priv Eq PSP17.1 6.72 0.30 -10

Sector/Industry60.4 99 A+ 82.5 ProS Ultsht Basic Mat SMN 0.1 40.25 -2.54 -8081.6 99 B 96.9 ProS Ultsht Industrl SIJ 0.4 57.09 -3.81 -7

112.0 99 C+ 140.5 ProS Ultsht Semicond SSG 0.2 78.85 -7.75 -7196.4 99 B- 121.6 ProS Ultsht Tech REW 0.2 79.80 -4.30 -6548.4 98 B 100.9 ProS Ultsht CnsmrGds SZK 0.0 75.49 -3.11 -5642.0 98 A- 154.2 ProS Ultsht ConsmSvc SCC 0.0 88.57 -5.45 -7343.5 97 B 89.0 ProS Ultsht Utilities SDP 0.4 45.42 -1.65 -8211.3 93 B- 303.8 ProS Ultsht Financial SKF .. 111.16 -8.52 -594.2 91 B 100.5 IS Comex Gold Trust IAU .. 85.94 -0.51 -584.2 91 B 100.4 Spdr Gold Trust GLD .. 85.90 -0.45 -415.9 90 B- 205.7 HT Biotech BBH .. 171.24 2.64 -550.9 90 B 38.0 PS DB Gold Fund DGL .. 31.86 -0.08 -80

-4.7 88 B 38.7 PS DB Prec Metal DBP .. 29.50 0.03 108-12.8 86 B 19.2 PS Dyn Pharma PJP 1.0 15.89 0.28 45-11.1 85 C+ 69.8 Spdr S&P Biotech XBI 0.0 52.80 1.27 -65-22.2 84 B- 84.1 HT Pharmaceutical PPH 3.7 61.63 1.27 -34-17.7 84 A- 55.9 IS DJ US Pharmactls IHE 1.6 44.26 1.09 53-14.1 84 B 71.3 ProS Ultsht Oil & Gas DUG 0.3 25.48 -1.24 -64-14.0 83 C 90.9 IS Nasdaq Biotech IBB .. 69.81 1.68 -77-17.9 82 C+ 30.3 Spdr Consumer Stapls XLP 3.4 23.64 0.37 -55-23.6 81 B 61.2 IS S&P Glb Healthcare IXJ 1.5 44.53 1.05 -15-24.0 80 C 54.7 KBW Regionl Bankng KRE 8.2 28.19 1.03 -65-19.4 80 B- 80.4 VG Consumer Staples VDC 2.0 57.08 1.00 -20-25.5 79 C+ 36.6 Spdr Health Care XLV 2.4 26.31 0.50 -57-24.9 78 A- 73.1 IS DJ US Healthcare IYH 1.9 53.04 1.30 40-21.1 77 C+ 27.7 FrstTr Amex Biotech FBT 2.8 19.24 0.52 -15-35.4 77 C+ 39.0 HT Telecom TTH 5.1 24.54 0.37 -84-25.3 77 C+ 63.5 IS S&P Glb Cnsmr Stpl KXI 2.1 47.04 0.80 -18-28.0 77 B 56.9 MV Gold Miners GDX 2.2 33.00 -0.03 -45-18.0 77 B- 27.5 PS Dyn Banking PJB 5.1 15.73 0.41 -44-25.5 77 B+ 62.6 VG Health Care VHT 1.7 45.19 1.18 -20-21.1 76 C 101.5 HT Retail RTH 1.8 73.68 0.99 -76-35.1 76 B- 78.4 IS S&P Glb Telecomm IXP 3.8 50.25 1.04 -55-24.1 73 D- 17.6 PS Dyn Retail PMR 1.4 11.89 0.21 -74-28.1 72 D 68.9 IS DJ US Cnsmr Goods IYK 3.1 45.94 0.87 -51-31.7 72 B+ 89.7 VG Utilities VPU 4.3 59.80 0.99 -14-31.5 71 D 141.9 HT Utilities UTH 3.6 93.37 1.35 -61-26.4 71 B 20.7 IS Silver Trust SLV .. 10.82 0.05 -2-32.5 71 C+ 44.1 Spdr Utilities XLU 5.0 28.57 0.43 -56-22.9 70 B- 43.5 PS DB Agricult DBA .. 25.45 0.36 -47-33.5 69 C+ 105.2 IS DJ US Utilities IDU 3.9 68.07 1.23 -12-27.5 69 D+ 20.3 PS Dyn Biotech PBE .. 13.58 0.27 -36-33.0 67 B- 63.8 IS DJ US Consumr Svc IYC 2.0 41.44 1.12 -31-43.5 67 B- 64.7 IS DJ US Hlth Provider IHF .. 35.73 1.36 459-29.6 67 D- 39.2 PS DB Silver DBS .. 19.56 0.03 -41-39.6 66 B- 23.1 PS Aero & Defense PPA 2.6 13.68 0.46 -34-24.2 65 E 99.1 IS DJ Transprtn Indx IYT 1.6 61.60 1.80 -62-41.1 64 D+ 69.1 IS DJ US Aerospace ITA 1.8 40.02 1.25 8-34.3 64 C+ 22.9 PS Water Resources PHO 1.2 14.05 0.26 4-35.2 64 B 34.5 Spdr Consmr Discrtnr XLY 3.0 21.19 0.77 -69-42.4 64 B 76.5 VG Telecm Svcs VOX 3.2 43.36 0.76 -3-38.8 63 B 50.0 IS DJ US Region Bnks IAT 6.5 23.00 0.75 -48-41.8 61 B- 53.2 IS S&P Glb Infrastrctr IGF 3.8 29.30 0.85 9

-45.6 60 B 31.7 IS DJ US Telecom IYZ 5.6 16.05 0.27 -10-42.9 59 B- 27.4 Spdr Technology XLK 2.1 15.22 0.28 -59-46.8 58 C 36.5 MV Nuclear Engy NLR10.2 18.94 0.44 -55-39.1 57 C 54.6 IS S&P Glb Energy IXC 2.7 28.82 0.80 -22-39.5 57 E 52.1 IS S&P GSTI Softwre IGV .. 31.21 0.82 -49-40.6 56 C 53.6 VG Cnsmr Discretnry VCR 2.5 31.58 1.04 -76-41.8 55 D- 15.2 HT Broadband BDH 0.9 8.13 0.23 62-44.3 55 B- 140.5 HT Regional Bank RKH 6.5 73.33 2.63 -73-43.9 55 B- 63.7 IS DJ US Tech Indx IYW 0.7 35.04 0.84 -6-43.9 55 D+ 66.6 IS S&P Glb Inf Tech IXN 1.2 36.69 1.26 -16-38.9 54 D- 52.7 IS DJ US Energy Indx IYE 1.5 27.91 0.57 -73-44.5 54 B 60.8 IS S&P GSTI Tech IGM 0.8 33.10 0.70 -60-44.0 54 C+ 62.5 VG Info Tech VGT 0.9 33.69 0.81 -11-38.4 53 E 64.5 IS DJ US Medicl Devic IHI 0.1 37.35 0.93 -29-48.2 53 C 26.2 PS Global Water PIO 5.1 12.80 0.20 16-40.4 52 D- 91.4 Spdr Energy XLE 2.0 47.27 1.12 -63-49.2 51 B- 75.8 ProS Ultra Hlth Care RXL 1.0 35.79 1.74 -10-42.4 51 D 41.4 WT Intl Energy DKA 7.4 19.60 0.53 -76-45.7 49 C+ 26.6 Clymr S&P Globl Watr CGW 8.8 14.04 0.60 35-46.7 49 C 60.6 HT Internet HHH 0.1 31.55 1.10 -78-46.1 49 C 34.0 HT Semiconductors SMH 1.9 17.51 0.66 -29-48.7 49 B- 53.4 KBW Insurance KIE 2.7 27.05 1.26 -64-49.3 49 E 295.7 ProS Ultsht Real Est SRS 0.2 56.16 -4.95 7-47.4 49 E 27.9 PS DWATech Leadrs PDP 0.2 14.36 0.42 -28-41.4 49 A- 34.9 Spdr S&P Retail XRT 5.0 19.66 0.56 -46-41.3 49 B 132.7 VG Energy VDE 1.8 66.59 1.76 51-33.2 47 D- 63.9 US Nat Gas UNG .. 24.23 -0.96 -59-44.3 46 C+ 53.2 IS S&P GSSI Nat Res IGE 1.4 24.96 0.39 -56-52.0 46 B- 34.7 IS S&P GSTI Network IGN 0.5 16.32 0.43 -50-47.9 46 D+ 18.1 PS Dyn Semicondctrs PSI 2.0 8.99 0.37 -10-51.2 45 D+ 47.6 KBW Bank KBE 3.2 21.24 0.73 -84-50.6 45 D- 38.0 PS Cleantech PZD .. 17.65 0.50 236-39.4 45 B+ 24.9 Spdr S&P Homebuldrs XHB 3.2 11.73 0.39 -71-52.7 44 B 60.4 IS S&P GSTI Smcdct IGW 1.7 28.11 1.20 -15-46.4 44 C+ 46.5 Spdr Materials XLB 5.1 22.35 0.59 -69-35.8 43 D 83.6 Brcly Ipth DJ AIG NtGs GAZ .. 30.50 -1.26 -69-52.3 43 C+ 66.2 MV Agribusiness MOO 1.0 27.39 0.70 -13-52.9 43 D 57.4 Spdr DJ Wil Intl Rl Est RWX 2.9 26.84 0.30 -29-52.5 43 D- 53.5 VG Financials VFH 6.4 25.01 0.89 3-43.2 42 B- 89.7 IS DJ US Oil&Explr IEO 1.0 37.77 0.84 -60-50.6 42 A- 91.1 IS S&P Glb Material MXI 2.6 38.33 1.09 309-50.7 42 E 43.5 WT Intl Basic Material DBN 5.9 18.50 0.35 -59-53.4 41 B- 96.0 IS DJ US Finl Indx IYF 5.3 43.88 1.68 -77-44.3 40 C 78.2 DJ Wilshire Reit RWR 3.9 38.62 1.80 -36-55.7 40 D- 106.1 IS DJ US Finl Svcs IYG 5.3 45.28 1.63 -77-46.7 40 B 32.3 PS Dyn Enrgy ExplPrd PXE 1.3 13.53 0.44 6

.. 40 B- 29.1 PS Glb Wind Engy PWND 0.3 11.67 0.07 107-43.8 40 C+ 73.0 Spdr S&P O&G Expl XOP 1.1 29.20 0.83 46-49.4 40 B- 98.5 VG Materials VAW 3.6 44.52 1.28 -35-43.7 40 B 69.0 VG Reit VNQ10.8 34.60 1.33 -54-62.7 39 C+ 51.6 IS DJ US Broker Indx IAI 3.9 19.09 0.92 -57-45.9 38 C+ 71.9 IS DJ US Real Est IYR10.2 35.54 1.54 -45-45.5 37 B 23.0 IS DJ US Home Const ITB 5.1 9.60 0.38 -72-46.5 37 B- 88.9 IS Tr Cohen&Steers ICF 9.7 42.35 2.02 -52-52.7 35 D- 89.6 IS DJ US Basic Mtrl IYM 4.5 36.37 1.20 -58-57.1 35 C+ 80.8 IS S&P Glb Financials IXG 1.9 34.21 1.13 -32-58.1 35 B- 29.9 Spdr Financial XLF 6.0 12.13 0.45 -65-48.0 33 D- 28.0 PS DB Base Metal DBB .. 11.38 -0.02 202-61.3 33 D- 32.7 PS Glb Cln Energy PBD 0.7 12.27 0.31 -21

.. 32 C+ 31.5 FrstTr Glb Wind Enrgy FAN 0.6 12.42 0.52 -46-48.4 32 C+ 32.5 FrstTr ISE Rev Nat Gas FCG 1.8 11.47 0.24 -1-62.3 31 E 61.4 MV Glb Alt Engy GEX 0.6 22.59 0.60 14-45.2 30 E 1.1 HT B2B Internet BHH .. 0.23 0.01 282-46.2 28 D- 57.0 PS DB Energy DBE .. 19.00 0.11 114-47.4 28 D- 55.6 PS DB Oil DBO .. 18.26 0.08 -39-69.7 26 C 28.7 PS Wh Clean Eng PBW .. 8.40 0.05 -42-60.8 25 C+ 96.1 Spdr S&P Metls&Ming XME 3.0 27.11 0.90 -78

-59.5 24 C 81.3 IS DJ US Oil&Equpmt IEZ 0.7 26.07 0.77 -71-58.6 24 C+ 52.1 Spdr S&P O&G Equip XES 1.4 16.82 0.50 -52-61.2 23 D- 228.8 HT Oil Service OIH 0.9 73.26 1.86 -57-60.9 23 E 34.3 PS Dyn Oil Svcs PXJ 1.5 10.82 0.25 23-66.1 21 B 114.1 MV Steel SLX18.1 28.84 1.23 -46

.. 20 D+ 30.8 Clymr/Mac Glb SolEng TAN 0.1 8.53 0.55 -49-73.8 20 B- 83.5 ProS Ultra Tech ROM .. 21.21 1.00 26

.. 18 D- 60.3 MV Coal KOL 0.6 13.98 0.33 7-60.1 16 E 119.2 US Oil Fnd Lp USO .. 30.20 -0.72 27-74.2 15 D- 131.1 ProS Ultra Oil & Gas DIG .. 28.32 1.22 -40-80.3 15 B- 73.2 ProS Ultra Semicndc USD 1.2 14.00 1.07 -47-86.5 8 B- 42.3 ProS Ultra Financials UYG 1.6 5.63 0.38 -68-85.5 6 D- 112.9 ProS Ultra Basic Mtrl UYM 2.0 13.78 0.72 -74-83.2 5 D+ 39.2 ProS Ultra Real Est URE 2.6 5.80 0.45 -22

International/Global52.3 97 C+ 179.5 ProS Ultsht MSCI EAFE EFU 0.0 90.56 -6.30 -44

-28.5 76 B- 13.8 IS MSCI Japan EWJ 1.6 9.50 0.26 -54-29.3 73 C+ 26.8 IS MSCI Switzerland EWL 0.7 18.38 0.50 53-36.4 67 D+ 69.6 VG Pacific VPL 1.9 43.10 1.19 1-42.6 64 C 14.1 IS MSCI Malaysia EWM 4.8 7.31 0.11 -68-40.8 62 C+ 65.3 IS MSCI Spain EWP 8.2 37.70 1.17 20

.. 61 C+ 59.7 IS MSCI ACWI ACWI 1.2 31.92 0.93 -43-41.6 61 B 69.4 IS MSCI So Africa EZA 4.8 38.00 1.43 -68-50.2 61 B- 93.0 Spdr S&P China GXC 1.8 44.74 0.72 -49-49.4 59 B+ 60.0 IS FTSE/Xinhua Chna FXI 1.4 28.75 0.51 -71-42.3 59 B 79.6 IS MSCI Growth EFG 0.9 44.84 1.18 -10-44.2 59 B 72.8 IS MSCI Value Fund EFV 2.0 40.15 1.32 7-45.5 59 B- 64.0 Spdr DJ Euro Stoxx 50 FEZ 2.1 34.16 1.33 23-40.2 59 B- 74.4 Spdr S&P Emg MdEAfr GAF 4.3 42.27 1.62 -17-38.2 58 D 58.8 WT Emg Mkt Hi Yld Eq DEM 5.8 32.59 0.87 71-43.6 57 C+ 79.3 IS MSCI EAFE Indx EFA 2.4 44.26 1.29 -24-44.9 57 D- 39.0 IS MSCI France EWQ 4.3 20.94 0.84 -10-46.5 57 B- 36.0 IS MSCI Germany EWG 0.7 18.97 0.65 -51-44.3 56 B+ 42.2 Spdr MSCI ACWI X-US CWI 2.2 23.00 0.59 -14-43.4 56 B- 48.4 VG Europe Pacific VEA 3.4 27.12 0.84 101-45.0 56 B- 70.5 WT DEFA DWM 4.6 38.18 0.89 67-46.0 54 D 32.0 Bldrs Devlpd Mkts 100 ADRD 3.8 17.02 0.34 -6-46.1 54 C+ 58.0 IS S&P Europe 350 IEV 2.4 30.81 0.85 46-47.0 54 C+ 26.9 PS DWA Dev Mkt Tech PIZ 2.2 13.45 0.13 200-50.1 54 B 89.0 Spdr S&P Emg AsiaPc GMF 1.3 43.58 1.21 158-26.3 53 C+ 207.1 ProS Ultsht MSCIEmrg EEV .. 53.83 -3.07 -80-48.2 53 B- 26.3 PS Dyn Dev Intl PFA 0.3 12.30 1.02 2-46.3 53 C+ 35.5 Spdr S&P Intl Sm Cap GWX 1.9 18.51 0.50 -54-45.6 53 B- 59.6 VG FTSE World X-US VEU 2.4 31.90 0.94 48-48.8 52 D 60.5 IS MSCI EMU Indx EZU 3.5 30.54 1.16 -29-53.2 50 C+ 22.5 IS MSCI Hong Kong EWH 7.1 10.27 0.08 -47

.. 50 E 60.0 IS MSCI Israel Cap EIS 4.8 30.22 1.54 21-50.2 50 C 34.6 IS MSCI Italy EWI 5.2 16.39 0.45 -38

.. 50 B+ 27.3 PS India PIN 0.5 12.53 0.42 1-50.1 49 D+ 30.5 IS MSCI Netherlands EWN 4.6 14.94 0.42 25-49.4 49 B+ 33.4 IS MSCI Sweden EWD 0.2 15.53 0.64 203-57.1 49 C+ 34.8 PS Gld Drg Chna PGJ 3.6 14.68 0.33 -29-47.9 49 C 65.8 WT Intl SmallCap Div DLS 5.8 33.47 1.01 41-49.1 48 B- 75.7 VG European VGK 7.6 38.10 1.16 18

.. 48 E 30.6 WT Mid East Div GULF .. 14.08 0.03 -75-42.3 47 B+ 63.3 IS MSCI Mexico EWW 2.6 32.31 0.13 -42-48.6 47 B- 14.1 IS MSCI Singapore EWS 8.0 7.09 0.15 -45-50.8 46 C 52.5 IS MSCI Emrg Mkts EEM 2.8 24.64 0.64 -62-50.7 46 B- 52.2 IS MSCI Pac Ex-Japn EPP 2.5 25.34 0.74 -13-50.7 46 C+ 24.5 IS MSCI Untd Kingdm EWU 5.6 11.86 0.28 -32-49.5 46 E 20.9 PS Intl Divnd Achievrs PID 3.3 10.39 0.24 60-58.1 45 B- 28.2 FrstTr Ise ChindiaIndx FNI 1.2 11.60 0.29 -51-53.7 45 D+ 50.4 IS FTSE EPRA RE X-US IFGL 4.7 21.91 0.43 -9

.. 45 B- 26.3 WT India Earnings EPI 0.8 11.40 0.32 -56-51.1 44 B- 58.6 Bldrs Emerg Mkts 50 ADRE 2.5 26.94 0.65 -62-49.7 43 D- 17.5 IS MSCI Taiwan EWT15.9 7.56 0.37 -67

.. 43 B+ 59.1 IS MSCI Turkey Inv TUR 2.9 26.49 -0.23 -44-46.8 42 D- 36.2 IS MSCI Canada EWC 3.8 17.09 0.40 -54

.. 42 C 54.4 IS MSCI Thailand Inv THD 7.3 23.71 0.30 -21-67.4 40 B 118.0 Brcly Ipath MSCI India INP .. 31.86 0.88 -57-57.2 40 B- 65.8 IS MSCI South Korea EWY 1.3 27.69 -0.31 -12

.. 40 D- 25.9 PS Mena Frntier PMNA .. 12.51 0.16 -80-54.8 40 B 54.2 VG Emrg Mkts VWO 5.0 23.59 0.53 24-56.4 39 C 34.7 Spdr S&P BRIC 40 BIK 3.2 13.98 0.26 -50-53.5 38 E 30.5 IS MSCI Australia EWA13.3 13.39 0.45 -56

.. 37 C+ 26.4 Clymr/BNY MellnFrntr FRN 0.7 11.83 -0.10 -64-49.8 37 D- 61.6 IS S&P Latin Am 40 ILF 3.8 24.99 0.87 -69-57.2 36 B- 57.7 Clymr/BNY BRIC EEB 4.5 22.87 0.86 -39-52.0 36 C+ 100.5 Spdr S&P Emg L Amer GML 2.9 38.82 0.94 -62-57.7 31 D+ 102.2 IS MSCI Brazil EWZ 7.7 34.16 1.46 -65-64.4 29 D+ 25.1 IS MSCI Belgium EWK 3.5 8.69 0.11 -38-64.6 27 D+ 39.8 IS MSCI Austria EWO 6.4 13.07 0.18 -57-65.4 25 C 76.2 Spdr S&P Emg Europe GUR 2.2 24.50 0.62 -27-52.2 23 E 184.0 ProS Ultsht FTSE/Xin FXP 2.1 36.75 -1.33 -69-74.4 14 D+ 59.6 MV Russia RSX 2.8 13.02 -0.06 -40

Bond31.0 98 A 123.2 IS Lehmn 20+ Yr TLT 4.0 121.90 1.15 2114.5 96 B- 100.3 IS Lehmn 7-10 Yr IEF 4.4 99.63 0.14 -579.9 95 B- 117.4 IS Lehmn 3-7 Yr Treas IEI 2.8 116.01 -0.13 241

-3.2 94 A 108.3 IS Iboxx $ Investop LQD 5.4 101.46 0.88 -62.9 94 B 105.5 IS Leh Aggregte Bnd AGG 4.5 104.13 0.04 -173.1 94 B+ 81.5 VG Intrmed-Term BIV 4.4 79.71 0.13 274.1 94 B- 80.4 VG Short-Term Bond BSV 3.3 80.23 0.01 571.9 94 A- 79.8 VG Total Bond Mkt BND 4.5 78.87 0.15 02.9 93 B 115.3 IS Lehmn MBS Fixed MBB 4.3 104.75 -0.31 181.9 93 B- 59.0 Spdr Lehmn Intl Trsy BWX 2.5 54.80 0.13 672.9 93 B+ 25.2 Spdr Lehmn St Muni SHM 2.6 23.44 -0.04 903.1 92 B- 85.2 IS Lehmn 1-3 Yr SHY 3.4 84.70 0.08 -450.0 92 B 103.9 IS Lehmn 1-3 Yr Credit CSJ 4.2 100.99 0.21 930.7 92 A+ 110.8 IS Lehmn Shrt Treas SHV 2.1 110.41 -0.01 31

-2.9 92 A- 104.0 IS S&P Nat Muni MUB 3.6 98.96 0.28 540.0 92 D 26.0 PS VRDO Tax-Free PVI 2.5 25.06 0.00 -7

-3.9 92 B+ 24.1 Spdr Lehmn Municipl TFI 4.1 21.39 -0.06 -30.2 91 B+ 47.5 Spdr Leh 1-3 Mth Tbil BIL 4.5 45.89 0.16 -20

-6.5 89 B- 112.1 IS Tr Lehman TIPS TIP 6.3 98.94 -1.46 5-16.3 86 B- 25.8 PS Insrd Nat Muni PZA 5.8 21.05 0.11 14-23.1 81 C+ 27.2 PS Emrg Mkt Sovgn PCY 8.5 20.34 -0.69 83-25.0 80 A+ 101.6 IS Iboxx Hi Yld Corp HYG10.1 75.52 0.23 1

.. 80 D- 62.8 Spdr DB Intl Gv InfPrct WIP 3.1 48.04 0.60 -30-31.0 78 B+ 47.2 IS S&P US Prefrrd Stk PFF 9.6 28.63 0.68 33

.. 78 C+ 22.6 PS Preferred PGX11.0 12.77 0.57 54-36.1 70 B 24.8 PS Financial Preferrd PGF14.6 12.63 0.23 27

.. 68 E 74.0 ProS Ultsht 7-10 Yr PST .. 51.51 0.05 36-35.3 66 B+ 48.0 Spdr Lehmn High Yld JNK13.5 30.96 0.24 120-41.1 51 C+ 17.7 S&P 500 Covered Call BEP22.1 9.07 0.19 -17

.. 37 E 75.0 ProS Ultsht 20+ Yr TBT .. 35.85 -1.26 149

Commodity/Currency.. 99 B+ 40.0 Macrshrs $100 OilDwn DOY .. 34.33 -0.17 -85

23.3 97 B- 114.6 Currencyshrs Jpn Yen FXY .. 110.48 0.44 -773.7 94 E 27.2 PS DB US$ Bullish UUP .. 24.58 -0.11 -757.1 93 B 102.0 Currencyshrs Swiss Fr FXF 1.0 94.66 0.24 -28

.. 91 C+ 25.7 WT Dreyfus Chn Yuan CYB 1.9 24.73 -0.07 -92-3.7 89 C+ 160.5 Currencyshrs Euro Tr FXE 2.2 140.98 1.00 -63-4.6 88 B- 30.5 PS DB US$ Bearish UDN .. 26.31 0.11 -55

-18.8 81 B- 103.3 Currencyshrs Can Dlr FXC 1.3 81.97 -0.27 -48-21.2 76 B 98.8 Currencyshrs Aus Dlr FXA 4.0 69.39 0.39 -55

.. 71 C+ 27.7 WT Dreyfs Brazil Real BZF 0.9 18.45 0.64 -51-27.8 70 D- 204.3 Currencyshrs Brit Pnd FXB 2.2 144.21 -0.83 -28-32.5 66 B- 27.9 PS DB G10 Curr DBV .. 18.55 -0.25 13-38.9 45 E 73.2 Brcly Ipath DJ AIG Cm DJP .. 34.34 -0.03 43-35.6 42 E 46.6 PS DB Commod Indx DBC .. 20.34 0.12 -3-49.2 28 D- 76.6 IS S&P GSCI Commod GSG .. 26.80 0.14 85

Macrshares $100 OilDown DOY 99 41.6ProS Ultsht Technology REW 99 33.2ProS Ultsht Russ 2000 Grow SKK 99 32.4ProS Ultrashort Industrial SIJ 99 31.6ProS Ultsht ConsumerGoods SZK 98 30.4ProS Ultrashort Smcap 600 SDD 98 29.9IS Lehman 20+ Year TLT 98 28.5ProS Ultrashort Mdcap 400 MZZ 98 27.3ProS Ultsht Semiconductor SSG 99 27.0ProS Ultshort Russell 2000 TWM 97 26.8

ProS Ultra Real Estate URE 5 -78.5ProS Ultra Basic Material UYM 6 -68.7ProS Ultra Financials UYG 8 -67.9US Oil Fund Lp USO 16 -63.2ProS Ultrashort FTSE/Xinhua FXP 23 -60.9PS Listed Priv Equity PSP 18 -58.7HT B2B Internet BHH 30 -57.4ProS Ultra Russell 2000 UWM 19 -57.1MV Russia RSX 14 -55.0ProS Ultra Smcap 600 SAA 22 -54.6

TOP 10

—V—W—X—VALIC Company$ 657 mil 800–448–2542

–55 IntlEq –13 4.84 +.13Value Line$ 1.8 bil 800–223–0818

–40 EmergOpps + 9 20.30n +.64Van Eck Funds$ 790 mil 800–221–2220

–46 Glb Hrd Ast A + 7 26.42 +.41–30 Intl Gold A +35 11.72 –.05

Van Kamp A$ 32.2 bil 800–421–5666

–42 Amer Val + 8 15.80 +.50–50 Cap Growth + 6 6.63 +.12–37 Comstock + 7 10.68 +.26– 8 Corp Bond + 5 5.72 +.03–45 Enterprise + 5 8.65 +.16–25 Eqty & Inc + 5 6.40 +.09–29 Glb Franch + 7 15.11 +.27

0 Govt Secs + 3 9.62 +.02–33 Gr & Inc + 6 13.94 +.29–25 Hi Yld Muni – 7 7.49 +.01–12 Insur Tax Fr 0 14.56 +.07–49 Mid Cap Gr + 8 14.44 +.39–17 Muni Inc – 3 11.05 +.04–28 StrMuniInc – 9 8.49 +.01– 2 US Mortgage + 1 12.20 +.01

Van Kamp B$ 4.7 bil 800–421–5666

–37 Comstock + 7 10.68n +.26–25 Eqty & Inc + 5 6.28n +.08–33 Gr & Inc + 6 13.83n +.29

Van Kamp C$ 3.6 bil 800–421–5666

–37 Comstock + 7 10.69n +.26–26 Eqty & Inc + 5 6.32n +.09–25 HiYldMuni – 7 7.48n +.01

Vanguard Admiral$ 224 bil 800–997–2798

–38 500 Index + 5 81.93n +1.96

–37 Asset Allocat + 5 41.17n +.95–23 Balanced Idx + 5 16.44n +.25– 3 CA IntmTxEx + 1 10.24n +.02– 8 CA LngTxEx 0 10.12n +.02–40 Cap Opps r + 9 45.79n +1.09

–53 EmgMktStk r +13 19.53n +.45–43 Energy r + 5 81.92n +1.99

–32 Equity Inc + 5 33.31n +.79–45 Euro Stk Idx r +11 47.39n +.86–42 Explorer x + 7 38.19n +.82–40 Extnd Mkt Idx +10 23.32n +.72– 6 FL LngTxEx + 1 10.34n +.06+ 7 GNMA + 1 10.58n –.01–39 Growth & Inc + 6 31.29n +.75–39 Growth Idx + 6 20.05n +.47–23 HiYld Corp r + 6 4.22n +.05–11 HiYldTxEx – 1 8.98n +.02–19 Hlth Care r +11 42.51n +.99– 2 InflProSecs + 4 22.89n +.03+12 Int Treas x + 1 12.19n –.25–45 Intl Growth r +12 38.41n +.79– 1 Intmd Tax Ex + 1 12.67n +.04– 6 IntmdInvGrd + 4 8.69n –.01+ 3 LgInvGdAdmr +12 8.80n +.13– 5 LT Tax Ex + 1 10.04n +.04+24 LT Treas x + 7 13.64n ..+ 3 Ltd Tax Ex + 1 10.73n +.01–43 Mid Cap Idx +10 52.33n +1.61

–42 Morgan Gr + 6 34.55n +.78– 4 NJ LngTxEx 0 10.82n +.02– 4 NY LngTxEx + 1 10.18n +.04– 4 PA LngTxEx + 1 10.20n +.02–35 Pac Stk Idx r +11 52.97n +1.01

–33 Primecap r + 7 45.54n +1.11

–40 REIT Idx r +22 49.38n +2.21

+ 3 Sh Tm TxEx 0 15.75n +.01+ 7 Sh Trm Fed + 2 10.87n ..– 5 ShrtInvAdmr + 1 9.67n –.01+ 5 ShTrmBdIdx + 1 10.29n ..–38 Small Idx + 9 19.75n +.68+ 6 ST Treas x 0 10.94n –.07+ 5 Tot Bd Idx + 3 10.21n +.01–38 TotStk MktIdx + 6 21.44n +.53–38 TxMgd G&I r + 5 39.83n +.96

–38 TxMgdCap r + 6 42.41n +1.07

–38 US Growth + 5 31.36n +.67–37 Value Idx + 6 15.80n +.39–10 Wellesley Inc + 5 44.39n +.44–23 Wellington + 6 41.91n +.69–42 Windsor + 8 29.92n +.77–37 Windsor II + 7 33.49n +.84

Vanguard Index$ 182 bil 800–662–7447

–38 500 + 5 81.93n +1.96

–23 Balanced + 5 16.44n +.25–45 Devlpd Mkts x + 5 7.44n –.25–53 EmgMktStk r +13 14.85n +.34–45 Euro Stk Idx r +11 20.19n +.36–40 Extnd Mkt +10 23.32n +.72–45 FTSEWldIns r +11 62.26n +1.18

–39 Growth + 6 20.05n +.47+ 5 Int Bd + 4 10.58n +.02+ 5 Int Bd Adm + 4 10.58n +.02+ 5 Int Bd Inst + 4 10.58n +.02+10 LT Bd +10 12.14n +.12–43 Mid Cap +10 11.54n +.36–35 Pac Stk Idx r +11 8.10n +.16–38 Small Cap + 9 19.75n +.68–34 Small Cap Val + 9 9.86n +.37–42 Small Grow + 9 11.55n +.37+ 5 ST Bond + 1 10.29n ..+ 5 Tot Bd Mrkt + 3 10.21n +.01–38 Tot St Mkt + 6 21.44n +.54–46 Total Intl Stk x + 8 10.68n –.11–37 Value + 6 15.80n +.39

Vanguard Instl$ 116 bil 800–662–7447

–23 Balanced Idx + 5 16.44n +.25–45 Devlpd Mkts x + 5 7.37n –.28–53 EmgMktStk r +13 14.86n +.34–45 Euro Stk Idx r +11 20.19n +.36–38 Index + 5 81.39n +1.95

–40 Index Ext Mkt +10 23.32n +.72–39 Index Gr + 6 20.05n +.47–43 Index Mid Cp +10 11.56n +.35–38 Index Plus + 5 81.39n +1.95

–38 Index Sm Cp + 9 19.75n +.68+ 5 Index Tot Mkt + 3 10.21n +.01–37 Index Value + 6 15.80n +.39– 2 InflaProtec + 4 9.32n +.01–35 Pac Stk Idx r +11 8.10n +.15–40 REIT Idx r +22 7.64n +.34– 5 ShInvGrd I + 1 9.67n –.01–42 Sm Cp Gr Idx + 9 11.56n +.37–34 SmCapVal Idx + 9 9.87n +.37–38 StrcLgEqPls + 6 33.29n +.79–38 Tot Stk Idx + 6 21.44n +.53–38 Tot Stk Idx Pls + 6 19.35n +.48+ 5 Totl Bd Idx + 3 51.44n +.04–38 TotStkIdx + 6 19.35n +.49

Vanguard Signal$ 35.6 bil 800–662–7447

–38 500 Index + 5 67.68n +1.62

–23 Bal Index + 5 16.27n +.25–40 ExtndMktIdx +10 20.04n +.62–39 Growth Idx + 6 18.57n +.44+ 5 Int Bd Sig + 4 10.58n +.02–43 Mid Cap Idx +10 16.52n +.51–38 Small Idx + 9 17.81n +.62+ 5 ST Bond Idx + 1 10.29n ..+ 5 TotBdMktIdx + 3 10.21n +.01–38 TotStMktIdx + 6 20.69n +.51–37 Val Idx + 6 16.44n +.40

Vanguard Funds$ 275 bil 800–851–4999

–37 Asset Alloc + 5 18.34n +.42– 3 CA IntmTxEx + 1 10.24n +.02– 8 CA LngTxEx 0 10.12n +.02–40 Cap Opport r + 9 19.83n +.47–31 Convert Secs r + 7 9.18n +.10–45 Div Eq Inv x 0 13.19n –.64–28 DivApprIdx + 4 15.88n +.35–26 Dividend Gr + 5 10.95n +.24–44 Energy r + 5 43.63n +1.05

–32 Equity Inc + 4 15.89n +.38–42 Explorer x + 8 41.07n +.99– 6 FL LngTxEx + 1 10.34n +.06–47 Global Eq + 9 11.92n +.28+ 7 GNMA + 1 10.58n –.01–39 Growth & Inc + 6 19.17n +.46

–48 Growth Equity + 5 6.91n +.15–19 Health Care r +11 100.74n +2.34

–23 HiYld Corp r + 6 4.22n +.05–11 HiYldTxEx – 1 8.98n +.02– 2 Inflation Prot + 4 11.66n +.02– 6 IntInvGdInv + 4 8.69n –.01–47 Intl Explor r +12 9.46n +.16–45 Intl Growth r +11 12.08n +.25–42 Intl Value r +10 23.22n +.43– 1 Intmd Tax Ex + 1 12.67n +.04+12 Intmd Treas x + 1 12.19n –.25–21 Life Consv Gr x + 3 13.21n –.01–36 Life Growth x + 4 15.79n +.06–12 Life Income x + 2 12.20n –.07–29 Life Mod Gr x + 3 14.94n –.04– 6 LT Tax Ex + 1 10.04n +.04+24 LT Treas x + 7 13.64n ..+ 3 Ltd Tm Tx Ex + 1 10.73n +.01+ 3 LTInvGrdInv +12 8.80n +.13– 2 MA Tx Exem + 2 9.54n +.03–57 Metals&Mine r +24 11.65n +.24–41 MidCapGr A + 6 10.90n +.30–42 Morgan Gr + 6 11.15n +.25– 4 NJ LngTxEx 0 10.82n +.02– 4 NY LngTxEx + 1 10.18n +.04– 3 OH LT Tax Ex + 1 11.01n +.04– 4 PA LngTxEx + 1 10.20n +.02–33 Primecap r + 7 43.90n +1.06

–32 PrmcpCorInv r + 7 8.79n +.21–40 REIT Idx r +22 11.57n +.51–37 Select Val r +10 11.64n +.34– 5 ST Corp + 1 9.67n –.01+ 7 ST Federal + 2 10.87n ..+ 3 ST Tax Exempt 0 15.75n +.01+ 6 ST Treas x 0 10.94n –.07–30 Star x 0 14.33n –.74–43 Strategic Eq +10 11.40n +.38–20 TargRet2005 x 0 9.65n –.32–24 TargRet2010 x + 1 17.50n –.43–27 TargRet2015 x + 2 9.47n –.21–30 TargRet2020 x + 2 16.41n –.26–33 TargRet2025 x + 2 9.16n –.15–36 TargRet2030 x + 3 15.35n –.14–38 TargRet2035 x + 3 9.13n –.09–37 TargRet2040 x + 4 14.93n –.09–37 TargRet2045 x + 3 9.44n –.09–12 TargRetInc x + 3 9.51n –.03–33 TxMd Sm Cp r +10 16.93n +.61–19 TxMgd Bal r + 4 16.06n +.22–38 TxMgd G&I r + 5 19.38n +.47–42 TxMgd Intl r +11 8.64n +.16–39 TxMgdCap r + 6 21.07n +.53–39 US Growth + 5 12.12n +.26–36 US Value + 6 7.84n +.21–10 Wellesley Inc + 5 18.32n +.18–23 Wellington + 6 24.27n +.40–42 Windsor + 8 8.87n +.23–37 Windsor II + 7 18.87n +.47

Vantagepoint$ 11.8 bil 800–669–7400

–42 Aggr Opportun + 9 6.19n +.19–38 Asset Alloc + 5 5.20n +.12+ 5 Core Bd Indx II + 3 9.94n +.01+ 5 CrBdIdxI + 3 9.89n +.01–40 Equity Inc + 8 5.71n +.15–44 Growth + 5 5.83n +.12–39 Growth & Inc + 7 6.34n +.14

0 InfProSecs + 4 9.96n –.01–42 International +11 6.90n +.12– 2 LowDuraBond + 2 9.35n +.01–26 MdlPtf TradGr + 6 16.52n +.25–41 MP AllEqGr + 9 12.88n +.31–18 MP CnsrvGr + 5 18.95n +.19–32 MP LngTmGr + 7 15.19n +.29

Victory Funds$ 5.0 bil 800–539–3863

–38 DiversStk A + 5 10.98 +.24–38 DiversStk I + 5 7.65n +.17+ 6 FundForInc A + 1 11.51 –.01–45 Spec Val A + 7 10.03 +.30

Virtus Funds A$ 4.4 bil 800–243–1574

–26 Balance + 6 10.05 +.19–42 ForOpps + 9 16.64 +.19–15 MulSecSh 0 3.76 +.02–40 RlEsSec +20 17.03 +.78

Waddell&Rd Adv$ 15.5 bil 800–366–5465

–41 Accum A + 6 5.09 +.12–26 AssetStr A + 6 6.93 +.05

0 Bond A + 3 5.94 +.01–36 Core Inv A + 4 3.98 +.08– 5 Glbl Bond A + 3 3.45 +.01+ 8 GovSecs A + 2 5.79 +.01–21 High Inc A + 4 5.15 +.05–41 Intl Gr A +10 6.62 +.15– 1 Muni Bd A + 1 6.56 +.01–18 Muni Hi Inc A – 5 3.79 +.01–39 New Cpt A + 7 5.79 +.20–35 Sci & Tech A +11 6.50 +.12–38 SelDivOppA + 4 10.79 +.22–40 Vanguard A + 6 5.61 +.13

Wasatch$ 1.9 bil 800–551–1700

–46 Core Growth +12 18.56n +.65–43 SmallCapGr + 9 20.14n +.52

Weitz Funds$ 1.9 bil 800–232–4161

–39 Partner Val + 8 12.05n +.35–42 Value + 7 18.29n +.45

Wells Fargo Advtg$ 11.7 bil 800–222–8222

–36 CommonStk Z +10 11.63n +.38+ 7 GovtSecsInv + 3 10.81 +.02–42 Growth Inv + 6 16.91n +.40– 6 IntmdTx Adv – 2 9.64n +.01–32 MidDisc Inv + 3 13.27 +.33–42 Opport Inv + 7 21.33n +.63– 2 ShtTrmBdInv 0 8.01n –.01–40 SmlCapVal Z + 9 17.51n +.29– 2 STMuniBdInv – 1 9.25n +.01+ 2 Ult Sh Muni 0 4.68 ..– 7 UltInc Inv – 1 7.96 –.04+ 2 UltShMuniInv 0 4.69n +.01–40 WlthGrowBal + 7 7.47 –.01

Wells Fargo Advtg A$ 3.0 bil 800–222–8222

–30 Asset Alloc + 6 14.75 +.30–41 Sml Cap Val + 9 17.25 +.29

Wells Fargo Advtg Ad$ 9.3 bil 800–222–8222

–46 CapitalGrow + 7 10.19 +.28–15 ConsrvAlloc + 2 15.37n +.12–40 Divers Eq + 7 18.83n +.50–40 Divers Sml + 9 7.38n +.24+ 8 Govt Secs + 3 10.81 +.03–36 Growth Bal + 4 17.50n +.34–38 Index + 5 32.19n +.77–40 Lg Co Grow + 7 31.89n +.91+ 4 Sh Dur Gov + 1 10.00n ..–34 SmCapOppor + 7 20.65n +.64+ 2 TotRetBd Ad + 3 12.00n +.01

Wells Fargo Advtg I$ 3.8 bil 800–222–8222

–22 DJ Tgt 2020 + 6 10.80n +.16–45 Endv Select + 7 6.29n +.18+ 8 Govt Secs + 3 10.80 +.02+ 3 TotRetBd In + 3 11.99n +.01

WesMark Funds$ 535 mil 800–864–1013

+ 6 Govt Bond + 1 10.01 –.01Westcore$ 1.7 bil 800–392–2673

– 2 Plus Bond + 2 9.88n +.01Western Asset$ 13.7 bil 626–844–9400

–11 Core Bond I + 8 9.18n +.09–11 CoreBdFiInt + 7 9.18n +.09–10 CorePlBdInt + 7 8.72n +.07–10 CorePlusBdI + 7 8.71n +.06–31 HiYld I + 4 5.95n +.12– 1 InflPlsBd I + 5 9.58n +.03– 3 IntermdBd + 3 9.37n +.04

William Blair I$ 3.9 bil 800–635–2886

–52 InstIntlGr +10 8.62n +.17–52 Intl Growth +10 13.35n +.28

William Blair N$ 2.2 bil 800–635–2886

–53 Intl Growth +10 13.07n +.27Wilmington$ 1.6 bil 800–336–9970

–46 MltMgrIntlI +10 4.92n +.11–19 MltMgRlAstI + 5 11.37n ..

Dividends

BOTTOM 10

’08 % Rel Acc 52-wk Div Close Vol %Chg Str Dist high Fund Symbol Yld Price Chg Chg

MUTUAL FUND PERFORMANCEContinued from previous page

Record PaymentREGULAR: Period Amt. Date DateCamden Nat'l ........................... Q .25 1-15 1-30Kimco Rlty ............................... Q .44 1-2 1-15Penn West Energy g ............ M .34 12-31 1-15

IRREGULAR:Banco Bradesco z ..................... .0056 1-7 2-6z -approx. amount per ADS or ADR.

G - payable in Canadian funds; Q - Quarterly;A - Annually; S - Semiannually; M - Monthly;U - Pay undetermined; I - Initial; Y - Year-end.

Stocks Ex-Dividend for January 02, 2009Company AmountBanco Itau Hldg Sa Adr .............................................................. 0.028

Bank Of Nova Scotia ................................................................... 0.393

Best Buy Co Inc ........................................................................... 0.140

Brandywine Realty Trust ............................................................ 0.300Cascade Financial Corp ............................................................. 0.045

First Tr ........................................................................................ 0.063

First Tr ........................................................................................ 0.066

First Tr ........................................................................................ 0.130

First Tr Strat Hi Inc Ii ................................................................... 0.150

First Tr Strategic Hi In ................................................................ 0.120First Tr Strt Hi Inc Iii .................................................................... 0.120

Holdrs Tr-Regional Bank ........................................................... 0.163

Holdrs Tr-Retail ......................................................................... 0.008

Independence Hldg Co ................................................................ 0.025

J P Morgan Chase & Co .............................................................. 0.380Lawson Products Inc .................................................................. 0.200

Mack-Cali Realty Corp ................................................................ 0.640

Park Electrochemical ................................................................. 0.080

Patriot National Bancorp ........................................................... 0.045

Pulaski Financial Corp ............................................................... 0.095

S E I Investments Co ................................................................... 0.080Simpson Manufacturing ............................................................ 0.100

Telemig Celular Part Ads ........................................................... 0.266

Toronto Dominion Bank ............................................................. 0.487

Unibanco Hldg S A Ads ............................................................... 0.158

Urstadt Biddle Pptys .................................................................. 0.218Urstadt Biddle Pptys Cla ............................................................. 0.240

Vivo Participacoes Ads .............................................................. 0.158

1 UpsEnergy Services Acq ESA Oil&Gas-Trnsprt/Pip 4.35 0.16 vs 0.03 +433 .. 28.5 .. 37 72

3 DownsAgilysys Inc AGYS Rtail/Whlslecmp/Cll 4.25 –2.66 vs 0.08 .. .. 185 +44a 33 16Bridgeline Software BLSW Internet-Software .62r–0.07 vs 0.01 .. .. 6.0 +44a 25 13Timberline Resrces TLR Metal Ores-Gld/Silvr .45 –0.19 vs –0.02 .. .. 7.2 –2.6 1 5

Company Earnings ReportsIBD’s earnings reports feature stock symbols, industry groups, percent above orbelow consensus estimates, and EPS and Relative Strength Ratings. Earnings growthgreater than 25%, a key characteristic of winning stocks, is boldfaced. The whole lineis boldfaced when EPS growth is more than 25%, EPS Rating more than 85, andearnings are stronger than expected. Arrows indicate acceleration or deceleration inearnings or sales growth compared with the prior quarter. Data reported may bederived from 6-, 9- or 12-month reports. All earnings represent the current quarter.Foreign companies are not reported. Nonrecurring items may be excluded fromearnings per share. Unique circumstances are taken into account for many industrygroups. Sales may not apply for certain industries. Real estate investment trusts mayreflect EPS or funds from operations.

Curr Prior Under Sales RelClosing Qtr Yr’s Qtr EPS /Over Sales % EPS Str

Company Name Symbol Industry Price Erns Erns %Chg Est % (Mil) Chg Rtg Rtg

Rel Str 3-mthETF Symbol Rtg % chg

Rel Str 3-mthETF Symbol Rtg % chg

3-Month Winners & Losers

For Tuesday, December 30, 2008. Ranked by Relative Strength

’08 % Rel Acc 52-wk Div Close Vol %Chg Str Dist high Fund Symbol Yld Price Chg Chg

’08 % Rel Acc 52-wk Div Close Vol %Chg Str Dist high Fund Symbol Yld Price Chg Chg

’08 % Rel Acc 52-wk Div Close Vol %Chg Str Dist high Fund Symbol Yld Price Chg Chg

’08 % Rel Acc 52-wk Div Close Vol %Chg Str Dist high Fund Symbol Yld Price Chg Chg

’08 % Rel Acc 52-wk Div Close Vol %Chg Str Dist high Fund Symbol Yld Price Chg Chg

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The National Business Marketplace

A10 WEDNESDAY, DECEMBER 31, 2008 WE SAY IT LIKE IT IS INVESTORS.COM

E arlier this month, as the New York-based insurance giantbenefited from $153 billion in tax-supported bailout funds, itlaunched a business unit offering Shariah-compliant insur-

ance products in the U.S.For the first time, homeowners’ insurance policies “compliant

with key Islamic finance tenets” will be marketed to Muslims inAmerica.

“We are pleased to offer socially responsible solutions to this seg-ment of the domestic market,” the near-bankrupt AIG announcedin a press release, explaining that the Islamic market represents “animportant and emerging growth opportunity for AIG.”

But there’s little that is “socially responsible” about Shariah law,which regulates the “takaful” insurance AIG is selling, along withother Islamic finance.

Shariah law authorizes horrific human-rights abuses, includingthe kind of violence and oppression against women, homosexuals,apostates and non-Muslims seen in Saudi Arabia and earlier underthe Taliban in Afghanistan.

To fully comply with Shariah code, AIG has hired a “Shariah Su-pervisory Board” composed of “Shariah scholars.” Who are theseso-called scholars?

One, according to its press release, is Muhammad Imran Usmani,who happens to be the son of Sheik Mufti Muhammad Taqi Us-mani, who supports violent jihad against Westerners. The elder Us-mani is so radical that Dow Jones & Co. recently removed him fromthe board of its Islamic market index.

At a minimum, AIG has to do better due diligence if it’s going touse taxpayer money for such a controversial enterprise. But what’sthe responsibility of the U.S. government here?

The Thomas More Law Center, a public-interest law firm based inAnn Arbor, Mich., argues the U.S. is promoting a religious legalcode at odds with democratic values and capitalism. And thatmakes the bailout unconstitutional. So it’s suing Treasury SecretaryHank Paulson and the Federal Reserve to stop all bailout fundsfrom going to AIG.

According to the suit, use of taxpayer funds to acquire ownershipof a business that intentionally promotes, endorses, supports andfunds Shariah-based Islamic religious practices violates the Estab-lishment Clause of the First Amendment.

“The U.S. government, through its ownership of AIG, is not only vi-olating the Constitution,” the suits claims, “but also promoting andfinancing the destruction of America using American tax dollars.”

While that sounds over-the-top, a sizeable share of the profit andany interest earned by AIG’s Islamic subsidiary must be “purified”by investing in Islamic charities. Such transfers will be controlledby Usmani and other Shariah advisers.

Since 9/11, dozens of major Muslim charities around the world, in-cluding several based in the U.S., have been tied to terrorism andshut down. So AIG — along with American taxpayers — could unwit-tingly finance terrorism against the U.S. and its allies.

The potential for terror money laundering deeply concerns twoRepublican leaders on the Hill, who on the heels of the ThomasMore lawsuit fired off a letter to AIG CEO Ed Liddy warning himthat the FBI could come knocking.

“We hope you can verify what hands your money passes through,because we would hate to see the FBI visit you one day, look intoyour books and tell you that money from AIG found its way into ter-rorist hands,” wrote Reps. Frank Wolf, congressional HumanRights Caucus co-chairman, and Sue Myrick, co-chairwoman ofthe congressional Anti-Terrorism Caucus.

What’s odd is that the Treasury Department is the agency chargedwith cracking down on terror financing, yet it’s encouraging firmslike AIG to go into Islamic finance. In fact, Treasury co-sponsored aseminar in November titled “Islamic Financing 101” to promote Sha-riah financing to corporate America.

The seminar was jointly sponsored by Harvard University, whichis heavily supported by Saudi petrodollars.

So it’s not just AIG that’s actively helping Shariah gain a footholdin America. It’s also Washington.

Financial crisis or not, it’s hardly in the economic interest of tax-payers or the U.S. to own part of a business that supports a StoneAge legal code championed by the Taliban and Osama bin Laden.

AIG should divest itself from Shariah business practices if it wantsto keep its public bailout money.

S pare us the fireworks and media-parroted claims of FidelCastro’s dictatorship bringing universal health care and ed-ucation to Cuba. The real story is that a prosperous Cubawas turned into ruins in just five decades.

Its inflation-adjusted gross domestic product is a mere 5% ofwhat it was in 1958, the year before Castro took over, according toJorge Salazar-Carillo of Florida International University.

“It’s a major failure,” Carmelo Mesa-Lago, a University of Pitts-burgh economist, told IBD. “Cuba is unable to increase food pro-duction to meet its needs and now imports 84% of its food. Cubaproduced 7 million tons of sugar in 1952. This year, it’s 1.5 milliontons. This is the result of economic policy of collectivization, killingof individual incentive, inefficiency, constant changes of policy.”

Reliable data are hard to come by. S&P refuses to rate the countryfor that reason. The regime conceals its failures. But if long lines atthe Spanish embassy seeking immigration aren’t enough of an indi-cator, the chronology of Cuba’s economy tell an important story:

1957: Cuban GDP is about $2.8 billion, unadjusted for inflation.1959: Castro and his guerrillas take over and begin confiscating

U.S.-owned private businesses.1960: President Eisenhower imposes trade embargo, excluding

food and medicine; Castro responds by “rapidly nationalizing mostU.S. enterprises,” as he himself wrote.

1961: President Kennedy tightens the embargo. Castro blames itfor plant shutdowns, parts shortages and 7,000 transportationbreakdowns a month, leaving 25% of public buses inoperable. Hethen targets Cuban companies for expropriation.

1962: Begins food rationing. Half of passenger rail cars go out ofservice from lack of maintenance.

1963: President Kennedy freezes Cuban assets in the U.S.1965: Signs deal with USSR to reschedule $500 million in debt.1966: Signs new deal with Soviets for $91 million in trade credits.1968: Begins petroleum rationing, says Soviets cut supplies.1969: Begins sugar rationing in January, announces state plan to

produce 10 million tons of sugar by the following year.1970: Castro announces only 8.5 million tons of sugar produced.

Blames U.S. Diverts 85% of all Cuban trade to the USSR.1973: Tries for the first time to tie wages to productivity.1974: Ramps up wartime spending to send 3,000 Cuban troops to

Africa. It hits $125 per person, highest in Latin America, by 1988.1975: President Ford announces softening of the embargo, letting

foreign subsidiaries of U.S. companies sell products in Cuba.1979: President Carter lets Cuban-Americans visit family in Cuba.

Soviet aid totals $17 billion from 1961-79, or 30% of Cuba’s GDP.1980: Economic hardship forces Castro to permit farmers to sell

surplus to state quotas in private markets with unregulated prices.100,000 Cubans flee the island for the U.S. via the Mariel boatlift.

1982: Cuba doubles military spending. President Reagan re-estab-lishes travel ban and prohibits spending money on the island.

1983: Cuba signs accord in Paris to refinance its foreign debt.1984: “Armed Forces of Latin America” yearbook says: “Cuba is

probably the world’s most completely militarized country.”1985: Cuba signs new debt restructuring, blaming Mexico’s crisis

for its debacle. Permits selling of private housing for the first time.Total aid from USSR since 1961 hits $40 billion.

1986: Castro defaults on $10.9 billion in Paris Club debt. Blamessugar prices. Abolishes coffee breaks, cuts subsidies. Soviets give$3 billion more in credit and aid. Castro bans farmers markets.

1987: Stops paying entirely on $10.9 billion Paris Club debts.1988: Forbids release of inflation data, making it impossible for re-

searchers to assess Cuban economic performance.1990: By official statistics, GDP per capita declines 10.3%.1991: Sugar crop falls to 7 million tons. Politburo purged. USSR

ends $5 billion in subsidies. “Special Period” of austerity begins.1992: Horse-drawn carts replace cars, oxen replace Soviet trac-

tors. Time magazine reports tin cans are recycled into drinkingcups and banana peels into Cuban sandals.

1993: World Bank says GDP contracts 15.1% per capita, as indus-trial output plunges 40% per person.

1994: Some private-sector activity permitted. GDP per capitashows no growth, but Castro hails “recovery.” Agricultural outputdown 54% from 1989, with sugar at 4 million tons. Castro blamesbad finances, and “errors and inefficiency.” Food consumption, ac-cording to USDA, falls 36%. Some 32,000 Cubans flee for Florida.

1995: Havana admits GDP fell 35% from 1989 to 1993. Vice Presi-dent Carlos Lage claims GDP grew 2.5%, as inflation hits 19%.

1996: Castro hikes private business taxes. President Clinton tight-ens embargo. Castro claims GDP rose to 7% in year.

1997: GDP reported up 2.5%, falling short of 5% projection. Failedsugar harvest, bad weather, crop pests, foreign debts blamed.

1998: GDP growth claimed at 1.2% with no inflation. U.S. embar-go, global financial crisis, low commodity prices, too much rainfall,Hurricane Georges and severe drought blamed. Castro urges otherdebtor nations to form a cartel.

1999: GDP claimed at 6.2%. Subsidies from Venezuela begin. Cas-tro blames U.S. dollar for woes and urges use of the euro.

2000: Cuban court rules U.S. owes Cuba $121 billion for embargo.2001: 3.6% GDP growth, output remains below 1989. Blames loss

of subsidies, second-worst sugar harvest ever at 3.5 million tons.2002: Freezes dollar sales to preserve foreign reserves. Shuts

down 118 factories due to power shortages. Buys $125 million inU.S. food. Defaults on $750 million in Japanese debts.

2003: Earns more tight sanctions from President Bush and Euro-pean Union over dissident roundups. GDP rises just 1.8%.

2004: Castro declares GDP a capitalist instrument, adjusts calcu-lations, declares GDP growing at 5%.

2005: Foreign firms asked to leave and market liberalizationscrapped. Imports hit three-times the level of exports. Hurricanesblamed for falling farm output. Sugar figures not released. Castrocalls economic crisis an “enemy fabrication.” Claims GDP up 11%.

2006: Castro claims 12.5% economic growth, “despite the crip-pling effects of the U.S. embargo,” Luxner News notes.

2007: 7.5% GDP growth claimed; adverse weather said to have af-fected construction and agriculture.

2008: 4.3% GDP growth claimed, far short of 8% forecast. “One ofthe most difficult years since the collapse of the Soviet Union,”economy minister says. Hurricanes and fuel prices blamed.

That, in sum, is Cuba after 50 years. But lest you get the wrongidea, Cuba hasn’t failed at everything: “Given their goal — to de-stroy capitalism and entrench themselves — they’re a success,”said Humberto Fontova, an expert on Castro’s regime.

Islamofascism: In bailing out AIG, Uncle Sammay havetaken onmore than he bargained for, including a consti-tutional fight over the promotion of religion.

Communism:NewYear’s Daymarks 50 years of com-munist rule in Cuba. The Castro oligarchywill trumpetits survival and celebrate. But the reality, up close, isthat it’s the longest-running failure in theNewWorld.

Climate Change:TheEarth has beenwarming eversince the end of the Little Ice Age. But guess what: Re-searchers saymankind is to blame for that, too.

ISSUES & INSIGHTS

A s we’ve noted, 2008 has been a year of records for cold andsnowfall and may indeed be the coldest year of the 21st centu-ry thus far. In the U.S., the National Oceanic and Atmospher-

ic Administration registered 63 local snowfall records and 115 low-est-ever temperatures for the month of October.

Global thermometersstopped rising after 1998, and have plummet-ed in the last two years by more than 0.5 degrees Celsius. The2007-2008 temperature drop was not predicted by global climatemodels. But it was predictable by a decline in sunspot activity since2000.

When the sun is active, it’s not uncommon to see sunspot numbersof 100 or more in a single month. Every 11 years, activity slows, andnumbers briefly drop near zero. Normally sunspots return veryquickly, as a new cycle begins. But this year, the start of a new cycle,the sun has been eerily quiet.

The first seven months averaged a sunspot count of only three andin August there were no sunspots at all — zero — something that hasnot occurred since 1913.

According to the publication Daily Tech, in the past 1,000 years,three previous such events — what are called the Dalton, Maunderand Sporer Minimums — have all led to rapid cooling. One was largeenough to be called the Little Ice Age (1500-1750).

The Little Ice Age has been a problem for global warmers becauseit serves as a reminder of how the earth warms and cools naturallyover time. It had to be ignored in the calculations that produced theinfamous and since-discredited hockey stick graph that showed asharp rise in warming alleged to be caused by man.

The answer to this dilemma has supposedly been found by twoStanford researchers, Richard Nevle and Dennis Bird, who an-nounced their “findings” at the annual meeting of the AmericanGeophysical Union in San Francisco. According to them, man notonly is causing contemporary warming. He also caused the coolingthat preceded it.

According to Bird and Nevle, before Columbus ruined paradise,native Americans had deforested a significant portion of the conti-nent and converted the land to agricultural purposes. Less CO2 wasthen absorbed from the atmosphere, and the earth was toasty.

Then a bunch of nasty old white guys arrived and depopulated thenative populations through war and the diseases they brought withthem. This led to the large-scale abandonment of agricultural lands.The subsequent reforestation of the continent caused tempera-tures to drop enough to bring on the Little Ice Age.

Implicit in this research is that the world would be fine if manwasn’t in the way. We either make the world too cold or too hot, aview held by many in high places.

In a speech at Harvard last November, Harvard physicist JohnHolden, President-elect Obama’s choice to be his science adviser asdirector of the White House Office of Science and Technology, pre-sented a “top 10” list of warming solutions.

Topping the list was “limiting population,” as if man was a plagueupon the earth. This is a major tenet of green dogma that bemoansthe fact that the pestilence called mankind comes with cars, facto-ries and overconsumption of fossil fuels and other resources.

R. Timothy Patterson, professor of geology and director of the Ot-tawa-Carleton Geoscience Centre of Canada’s Carleton University,says: “I and the first-class scientists I work with are consistentlyfinding excellent correlations between the regular fluctuations ofthe sun and earthly climate. This is not surprising. The sun and thestars are the ultimate source of energy on this planet.”

Indeed, a look at a graph of solar irradiance from the National Oce-anic and Atmospheric Administration shows little solar activity dur-ing the Little Ice Age and significant activity during recent times.

Don’t blame Dick and Jane — blame sunspots.

Communist Cuba:50 Years Of Failure

Bailing Out Shariah Law

The Warm Turns

WINNER OF THE 2008

Pulitzer Prize

ISSUES & INSIGHTS READ WHAT'S REALLY GOING ON IN THE COUNTRY WEDNESDAY, DECEMBER 31, 2008 A11

P H Y L L I S S C H L A F L Y

Why did 18-to-29-year-old evangeli-cals vote for Barack Obama despitehis apostasy on the fundamental

moral issues of abortion and same-sexunions? They voted 32% for Obama, twicethe percentage of that demographic groupwho voted for John Kerry in 2004.

Many of these young people identify “so-cial justice” as the reason that led them torelegate the prime moral issues of life andmarriage to the back burner. But the term“social justice” does not define a moralcause — it is left-wing jargon to overturnthose who have economic and politicalpower.

What caused young evangelicals, the chil-dren of the so-called religious right, tochange their moral imperatives so dramati-cally? Most likely it’s the attitudes and deci-sion making they learned in the publicschools, which 89% of U.S. students attend.

The public schools took a major left turn inthe 1960s, when humanist John Dewey andthe instructors he trained at ColumbiaTeachers College began their put-down ofobjective truth and authoritative notions ofgood and evil.

In the 1970s, Sidney Simon’s best-seller“Values Clarification” taught students tocast off their parents’ values and make theirown choices, often aided by Kinsey-trainedsexperts determined to change our sexualmores.

By the 1980s, many radical anti-war activ-ists of the 1960s had become tenured col-lege professors, so teachers colleges andpublic schools opened their doors to “socialjustice” instruction.

Among these ’60s radicals was WeatherUndergrounder William Ayers, who es-caped prosecution only because of govern-ment misconduct in collecting evidenceagainst him and then emerged as a profes-sor of education at the University of Illinoisat Chicago.

Ayers developed quite a following as hetaught resentment against America. In2008, he was elected by his peers as vicepresident for curriculum studies of the

American Education Research Association,the nation’s largest organization of educa-tion professors and researchers.

In 1983, Humanist magazine featured anarticle that boasted, “The battle for man-kind’s future must be waged and won in thepublic school classroom.” Ayers put it thisway: “Education is the motor-force of revo-lution.”

Ayers became a leading advocate of “socialjustice” teaching — i.e., getting students tobelieve that they are victims of an unjust, op-pressive and racist America. Community or-

ganizers can then use these young people tovote and otherwise carry out Ayers’ “revolu-tion.”

Ayers has been on a decades-long missionto transform education into anti-Americanindoctrination and toget young peopleto de-mand government control of the economy,politics and culture.

We see the result in the 2008 postelectionsurveys: Seven out of every 10 voters be-tween the ages of 18 and 29 now favor ex-panding the role of government and agreethat the government should do more tosolve the nation’s problems.

It’s obvious which party and which candi-dates will get their vote.

Ayers worked closely with Barack Obamain the 1990s when Obama headed the Chica-go Annenberg Challenge, which gave $160million in grants to so-called school-reformprojects. Ayers and Obama guided some ofthis Annenberg money to community orga-nizers such as ACORN.

The National Association of Scholars re-

ports that use of the term “social justice” istoday understood to mean “the advocacy ofmore egalitarian access to income throughstate-sponsored redistribution.” That is aca-demic verbiage for Barack Obama’s asser-tion that he wants to “spread the wealtharound.”

“Rethinking Schools” is a Milwaukee-based organization that publishes instruc-tional materials to assist teachers how to“weave social justice issues throughout thecurriculum.” Lessons include “RethinkingMathematics: Teaching Social Justice bythe Numbers” and “Reading, Writing andRising Up: Teaching About Social Justiceand the Power of the Written Word.”

Howard Zinn, author of the anti-Ameri-can “People’s History of the United States,”urges educators to prioritize “social justice”education over political neutrality. In a 1998interview, he said “quiet revolution” tomove us toward “democratic socialism”was his goal in writing “People’s History.”

The thinking of teachers is further moldedat expensive conferences, financed by bill-ing the taxpayers.

The National Association for Multicultur-al Education sponsors seminars with titlessuch as “Our Work as Social Justice Educa-tors,” “Teaching for Social Justice in Ele-mentary Schools,” “Dismantling White Priv-ilege and Supporting Anti-Racist Educationin Our Classrooms and Schools” and “Creat-ing Change Agents Who Teach for SocialJustice.”

This “social justice” curriculum results ina heavy cost in time not spent on the basics.Young Americans who are exposed toAyers’ radical left-wing ideas generallyhave little background information to helpthem evaluate bias and errors.

Barack Obama’s selection for secretary ofeducation is his crony Arne Duncan, whomost recently made news by recommend-ing the creation of a Chicago Social JusticeHigh School-Pride Campus, where half thestudents would be homosexuals and theother half straight.

Somehow that school was canceled justabout the time that Obama announced Dun-can’s appointment.

R epublicanSenate LeaderMitchMcCo-nnell is absolutely right to warnagainst Obama’s gigantic stimulus-

spending package. McConnell says it “willbe the largest spending bill in the history ofour country at a time when our nationaldebt is already the largest in history.” As a re-sult, he says the bill “will require tough scru-tiny and oversight.”

According to McConnell, scrutiny shouldincludethis simple test: “Will the yetunwrit-ten, reportedly trillion-dollar spending billreally create jobs and grow the economy —or will it simply create more governmentspending,more bureaucrats, anddeeper def-icits?”

The Republican leader is drawing a clearline in the sand. OK, good. But the GOP hasgot to do more. It muststart talking about taxcuts to grow the econo-my. And it must getback to the supply-sideby talking about lowermarginal tax rates onindividuals, businessesand investors.

We don’t need bail-out nation. Nor do weneed the governmentpicking winners andlosers in a massive, Keynesian, new-NewDeal spending extravaganza. And it’s notObama’s middle-class tax cut that’s going toget us out of this economic jam.

At best his vision is incomplete. But atworst his aversion to successful earners andinvestors is a real obstacle to full economicrecovery.

Social historian and early supply-side ac-tivist Irving Kristol taught us three decadesago that the top earners are the economic ac-tivists. They’re the ones with the highestpropensity to consume and invest.

They’re the ones who buy the yachts,which are built by blue-collar workers. Andthey’re the ones who run the small business-es and provide the capital for the new entre-preneurial startups that are the lifeblood ofthe economy. It is they who energize free-market capitalism.

Lower Taxes Power The EngineIf we had an economy without rich people,

we wouldn’t have much of an economy.That’s why lower tax rates to reward theeconomic activists — the most prominentcapitalists — are so essential.

In fact, the GOP has a great opportunity tochallenge Obama’s Keynesian pump-prim-ing by insisting there be a major tax-cut com-ponent in any new fiscal package.

Republicans shouldn’t merely push forsomewhat less government spending. Theyhave to make a bold case that tax rates mat-ter for economic growth and job creation.They must insist that any recovery packageinclude this key element. Shift the debate.Say clearly that a re-energized economy can-not occur without lower marginal tax rates.

In particular, the GOP position should in-clude lower tax rates on large and small busi-nesses. Right now, the top federal tax ratefor C-corps is 35%. Small businesses, whichpay the individual rate, are also taxed at35%. These rates should be 20% for bothC-corps and S-corps (including LLCs).

This would make a huge difference. Itwould be a boon for our global competitive-ness, since companies in the U.S. (as well asJapan) are taxed way above the rates ofother advanced countries. It also would at-tract job-creating investment flows to theU.S. at a time when capital is on strike in ourfinancial markets and economy. And whilebusinesses collect corporate taxes, it’s real-ly consumers who pay the final cost.

Middle-Class ReliefRepublicans also could promote a middle-

class tax cut that would reduce the 28% and25% brackets to 15%. And, of course, theGOP should work hard to maintain theBush tax cuts on capital gains, dividends, in-heritance and top individual rates.

Senior Obama adviser David Axelrod re-cently told the Sunday talk-show hosts thatthe Bush tax-cut package of 2003 is “some-thing we plainly can’t afford moving for-ward.” Well, in static terms, the sum-total ofthe 2003 tax cuts comes to somewhere be-tween $25 billion and $40 billion. Comparethat to a trillion-dollar spending plan.

In fact, lower capital-gains tax rates willraise revenues, since this is the single mostsensitive tax on the Laffer curve. Indeed,manyeconomists—including AlanReynoldsat the Cato Institute — argue that the growthandsimplificationeffectsofreducingthecor-poratetaxratewould be revenuepositive.

But the congressional Republicans have tostep up to the plate right now. Me-too-ismon spending is a big mistake in both politicaland economic terms. Instead, the GOPshould argue that fiscal policy needs achoice — not an echo (to paraphrase the lateconservative stalwart Barry Goldwater).

The whole debate in Washington is heavi-ly skewed toward government spending oninfrastructure. It’s all spending and virtual-ly no tax cuts. For a more balanced and effec-tive recovery policy, the GOP has to bolsterits argument for spending discipline with aloud case for tax cuts.

It truly is time for a choice, not an echo.

V I E W P O I N T

W A L T E R E . W I L L I A M S

M any professors, mostly on the liberalside of the political spectrum, usetheir classrooms to proselytize stu-

dents.I have taught economics for the past 40

years and challenge anyone to find even onestudent, among the thousands who wentthrough my classes, who can say, “ProfessorWilliams used his class to proselytize stu-dents.”

While acceptable at most universities, it isnothing less than academic dishonesty to doso. Like others, I have my own values andopinions, such as those expressed in someof my nationally syndicated columns. Butthey never become a part of classroom dis-cussion.

Learning how to think straight, as opposedto what values and opinions to hold, is thecrucial part of education. Part of that learn-ing is to be able to understand the distinc-tion between subjective statements, forwhich there are no commonly acceptedstandards of proof, and positive statementsfor which there are.

For example, the statement “scientists can-not split the atom” is a positive statement be-cause if there’s any disagreement, there arefacts to which we can appeal to settle the dis-agreement. Just visit Stanford’s linear accel-erator and watch them do it.

By contrast, the statement “scientists

should not split the atom” is a subjectivestatement. There are no facts to which wecan appeal to settle any disagreement. Dis-agreement can go on forever. A fairly goodproxy for whether a statement is subjectiveis the presence of words such as should andought.

This lesson is closed by telling studentsthat it is not being suggested that they purgetheir vocabulary of subjective terms such asshould and ought because they are excel-lent tools to trick others into doing what youwant them to do. However, in the process oftricking others, one need not trick himself.

A related lesson is dealing with terms suchas better and best and worse. This lessonmight be approached by my asking studentswhich is the best system for resource alloca-tion: capitalist, socialist or communist?After several fall for my bait, I tell them thatthe correct response is to tell me it’s a non-sense question.

It is akin to asking their physics professor,Which is the best state: a liquid, gaseous,solidor plasma?However, if the physics pro-fessor were asked: Which is the cheapeststate to nail a nail into a board? He could an-swer the question and probably say that it isthe solid state.

Going back to the question about capital-ism vs. socialism and communism, askingwhich system maximizes personal libertyand societal wealth, the answer would becapitalism, at least here on Earth.

Another pitfall to straight thinking is some-times called the cause-and-effect fallacy.That fallacy is made when a person seesevent B coming on the heels of event A andthen says A caused B. There may no causalrelationship at all. Such is the case when therooster crows and shortly thereafter the sunrises.

That is easy to see, but many historians as-sert that the 1929 stock market crash causedthe 1930s Great Depression. Little is furtherfrom the truth. Instead, it was caused byinept fiscal, monetary and regulatory poli-cies of the Hoover and Roosevelt adminis-trations.

There are a number of other pitfalls tostraight thinking that I lecture on as intro-ductory material before we begin to exploreeconomic theory.

Itell students that if they hear mesay some-thing subjective, without my having pref-aced it with “in my opinion,” they are toraise their hand and tell me that they tookmy class to learn economics and not to be in-doctrinated with my values.

Personally, I want students to share my val-ues that personal liberty, along with freemarkets, is morally superior to other formsof human organization.

The most effective means to accomplishthat goal is to give them the tools to betough, rigorous, hard-minded thinkers, andthey will probably reach the same conclu-sions as I have.

O N T H E R I G H T

For anyone taking stock of 2008, BarackObama is the inevitable choice as Per-son of the Year. But he’s not the only

American whose story suggests that thisthrilling, dramatic, unforgettable year willbe seen as a demarcation of grand historicaleras, a bright line between yesterday and to-morrow.

My choice for runner-up is Bernard Mad-off.

In a sense, we’re all Bernie Madoff. We’vebeen running our economy in accordancewith his accounting principles for a genera-tion — and now we face a most unpleasantreckoning.

As everyone knows by now, Madoff —once one of the most respected financiers

on Wall Street —stands accused ofbeing perhaps the big-gest swindler in histo-ry.Beforehisarrestear-lier this month, he re-portedly told his sonsthat he had defraudedinvestors of up to $50billion.

He allegedly fol-lowed the playbookwritten more than

eight decades ago by the elegant grifterCharles Ponzi, who used money from newinvestors to pay juicy returns to old inves-tors. That works fine for a while, but everyPonzi scheme eventually collapses in ruin.

Wall Street veterans recall how investorsonce begged to be allowed to invest theirmoney with Madoff. Unlike Ponzi, he didn’tpromise to deliver flashy double-digit re-turns overnight.

He “earned” his investors 1% or 2% amonth, bull market or bear,rain or shine. Be-cause he didn’t overpromise, and becausehe limited his clientele, he was able to keepit going for decades.

Such steady gains, unsullied by the occa-sional bad year or disastrous quarter, are pa-tently impossible. Some potential investorstook one look at Madoff’s operation andtook a pass.

Some of the millionaires, billionaires andprofessional money managers who unwise-ly gave their money to Madoff were guilty ofallowing greed to overwhelm their powersof observation and reason.

But not all of Madoff’s investors couldhave been in the dark. At least some musthave realized how unlikely it was that hehad developed some sort of Holy Grail strat-egy or technique that would always makemoney, no matter what the financial mar-kets were doing.

Some investors must have calculated thatthey could get in, get their return and get outbefore the whole thing fell apart.

Which makes me wonder how many of ushad our eyes open when housing priceswere soaring in Ponzi-like increments — by10% or more a year, in some parts of thecountry — while middle-class incomeswere largely stagnant.

How many of us stopped to ask just whowas supposed to be able to pay $1 million fora standard suburban split-level, even if ithad an upgraded kitchen with a Sub-Zerofridge?

The whole subprime mortgage industrywas based on the idea that housing priceswould always rise. Given that assumption, itwas perfectly rational for first-time home-buyers to sign up for adjustable-rate mort-gages that they couldn’t really afford. Fromthe moment they signed the loan papers,they would be building equity — through ap-preciation — that soon would make it easy,and lucrative, to refinance or sell.

In other words: get in, get their return andget out before the whole thing fell apart.

I’m not saying that average Americanswere as culpable as Wall Street in creatingthis financial and economic crisis; our sinswere venial, whereas theirs were mortal.Madoff’s alleged fraud was at least straight-forward.

Muchworse was the creation of exotic “de-rivative” investment products that werebought and sold with enormous leverage —products whose true value turned out to beimpossible to ascertain.

As long as real estate values kept rising, itdidn’t matter what these chimerical invest-ments were worth. What mattered to WallStreet was the ability to collect enormousfeesfrom real people, in real dollars, for trad-ing unicorns and dragons.

After the bursting of the Internet bubbleand the housing bubble, I think we’re donewith bubbles for a while. Obama’s first chal-lenge — and it may take much of his firstterm — is to get the economy back into a pat-tern of tangible, sustainable growth.

He will be able to thank Madoff for givingus the simplest possible explanation of whatwe knew all along but chose to ignore: thatthere’s still no such thing as a free lunch.

How To Contact IBDWe encourage feedback. Reach theeditorial department by writing to:00 IBD Letters To The Editor

12655 Beatrice St.Los Angeles, CA 90066

00 Via e-mail: ibdletters@investors.com(Letters To The Editor only)

It Took MadoffTo Remind UsOf Basic Truths

Time For GOPTo Get BackTo Supply Side

Avoiding Pitfalls To Straight Thinking

Seven out of every 10 votersbetween the ages of 18 and 29now favor expanding the roleof government and agree thatthe government should domore to solve the nation’sproblems.

O N T H E L E F T

P E R S P E C T I V E

DEMONSTRATORS IN PARIS wear symbolic Palestinian scarves, wave Palestinian flags, and hold up pro-Palestine placards and pic-tures of late Palestinian leader Yasser Arafat as they take to the streets Tuesday to protest Israeli airstrikes against Hamas in Gaza. AP

Push For ‘Social Justice’ In SchoolsPulls Young Voters To Left At Polls

EugeneRobinson Lawrence

Kudlow

A12 WEDNESDAY, DECEMBER 31, 2008 STOCK OPTIONS INVESTORS.COM

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pJan10 1250 775 125

pJan10 15 673 205

cJan10 1750 998 237

pJan10 1750 454 303

cJan10 20 583 135

PhilMor 43.91

pJan10 40 2.2k 570

cJan10 40 2.2k 760

PNC 46.18pJan10 50 392 1430

Potash 73.80cJan10 110 519 1058

cJan10 120 519 858

PulteHm 10.60pJan10 5 755 150

PwNasd100 29.49pJan10 29 334 462

cJan10 30 7.6k 449

pJan10 30 9.4k 5cJan10 31 2.7k 389

cJan10 55 842 005

PwNasd100 q 29.49pDec09 30 350 506

pDec09 34 531 734

RangeRs 33.87pJan10 35 387 1160

pJan10 45 384 1720

Raytheon 50.67pJan10 20 498 035

RschMotn 38.77cJan10 60 601 480

Ryland 16.72cJan11 25 750 520

SandRdge 5.58cJan11 10 380 225

SearsHld 37.45cJan10 80 782 1pJan10 95 542 7130

SonyCp 21.55pJan10 15 1.0k 2

SP Fncl 12.13cJan10 13 1.0k 232

cJan10 16 878 141

cJan10 20 346 061

SPDR 88.97pDec10 60 12k 685

pDec09 75 1.8k 8cDec09 100 3.0k 735

cDec09 110 531 410

SpdrGld 85.90pJan10 60 11k 285

pJan10 80 5.8k 1020

cJan10 85 2.0k 1510

cJan11 90 516 20SpdrHme 11.73

cJan10 23 513 045

StdPac 1.65cJan10 750 590 005

cJan10 10 500 001

cJan10 1750 500 010

Target 33.55pJan10 2250 852 495

pJan10 25 1.2k 606

pJan10 30 1.8k 852

cJan11 35 1.1k 1205

cJan10 40 803 780

cJan10 50 693 515

cJan10 70 336 202

Teradyn 4.26

cJan10 5 645 105

Tesoro 13.54pJan10 750 1.8k 170

cJan10 20 396 180

TimeWarn 10.07cJan10 10 1.0k 189

pJan10 10 1.0k 226

Transocn 46.93cJan11 120 20k 350

UPS 54.18cJan11 60 353 820

cJan10 60 515 510

US Bcp 24.11pJan10 20 500 380

US OilFd 30.20pJan11 10 428 090

UtdTech 53.04pJan10 55 608 1020

ValeroEn 21.55pJan10 2250 460 670

Verizon o 33.23

cJan10 40 509 216

Visa 50.99cJan10 50 603 1110

WalMart 55.05pJan10 50 1.0k 625

cJan10 55 538 780

Whrlpool 40.49pJan10 40 402 11

WillmsCos 14.32cJan10 1250 400 451

cJan10 15 400 336

Wyeth 37.09cJan10 45 500 260

pJan10 45 462 1130

XTO Engy 34.89pJan10 2250 483 360

Yahoo 11.97pJan10 5 830 050

pJan10 750 960 135

pJan10 10 3.5k 244

pJan10 15 525 520

Option TotalsTotal Call Total PutCall Open Put Open

Exchange Volume Interest Volume Interest

Bank Idx Close 42.94 Marp35 250 040 .... .... .... ....p40 .... .... .... .... 150 480c50 100 025 .... .... .... ....c52 10 015 .... .... 150 160

DJ Inds Close 86.68 Marp50 .... .... .... .... 250 019p67 10 006 2 072 9.0k 121

p68 .... .... 260 070 .... ....p70 9.1k 014 6 103 .... ....p75 .... .... 2.0k 150 .... ....c75 132 11 132 12 .... ....p77 57 041 .... .... .... ....c78 100 835 100 970 21096

p78 303 061 .... .... .... ....c79 233 770 .... .... .... ....c80 51 710 155 840 50 910

p80 700 076 24 245 37 370

p81 208 084 83 275 .... ....p82 85 111 2.0k 330 .... ....c82 231 525 .... .... .... ....p83 127 150 773 360 .... ....p84 1.6k 169 1.3k 4 .... ....c84 52 410 .... .... .... ....c85 225 330 .... .... 48 630

p85 176 196 49 483 .... ....c86 75 293 13 455 44 6p86 19 263 53 495 50 623

p87 45 280 209 525 .... ....c87 102 235 3 365 100 545

c88 142 178 20 329 4 477

c89 159 123 .... .... .... ....p89 10 425 501 645 .... ....p90 2 530 231 695 .... ....c90 153 106 1 239 .... ....c91 70 074 .... .... .... ....c92 105 053 10 180 .... ....p95 .... .... 50 1040 .... ....c95 50 010 6 096 .... ....c97 120 004 .... .... .... ....c99 .... .... .... .... 1.0k 108GS Idx Close 121.19 Marp90 50 040 .... .... .... ....p100 463 135 .... .... .... ....c120 54 760 501310 20 16Nasd100 Close 1201.33 Marp600 .... .... 1.5k 061 .... ....p800 .... .... 811 360 .... ....p850 23 040 41 590 .... ....p875 79 058 10 7 .... ....p900 222 073 10 843 .... ....p950 81 158 11220 .... ....p975 36 2 21646 .... ....p1000 445 251 1041784 13170

p1025 444 360 412168 .... ....p1050 365 508 572650 .... ....p1075 51 850 .... .... .... ....p1100 153 1090 33650 15588

c1125 45 9150 .... .... .... ....p1125 69 1580 34542 .... ....

p1150 295 2014 .... .... .... ....c1175 78 55 148320 .... ....p1175 222 2850 196440 .... ....c1200 68 37 107270 929250

p1200 167 4320 117277 1049150

c1225 76 2740 235650 .... ....p1225 31 5150 1819010 .... ....p1250 .... .... 43 10420 411432

c1250 366 1750 14635 .... ....c1300 116 6 3122622 .... ....c1325 130 310 222151 .... ....c1350 235 132 49 14 .... ....c1400 46 035 20 702 .... ....c1425 2.0k 020 19 480 611350

c1450 2.0k 005 21 3 .... ....c1475 4 005 102 188 .... ....c1500 8 005 15 130 36 540

c1550 .... .... 100 051 .... ....c1575 .... .... 100 036 10 175

Oil Idx Close 969.66 Marc1090 .... .... 400 20 .... ....OilSvc Close 120.04 Marc130 325 230 .... .... .... ....Rus2000 Close 482.77 Marp300 13 014 74 155 2 401

p310 13 017 124 195 1 498

p320 168 013 271 230 1 593

p330 208 023 556 261 52 610

p340 121 034 174 320 .... ....p350 296 040 149 405 24 927

p360 127 045 81 495 99 11p370 109 069 114 673 711270

p380 143 095 78 711 .... ....p390 232 125 19 966 231560

p400 758 186 2971085 1721780

p410 1.0k 252 1171209 77 22p420 290 346 331690 422280

c420 40 6220 227320 .... ....p430 174 469 81890 126 27p440 108 630 271954 202950

c440 49 4192 115450 .... ....p450 1.2k 860 72279 8313460

c450 45 42 22 50 .... ....p460 165 1210 24 30 2623810

c460 79 3402 144222 .... ....c470 205 2760 493757 244 45p470 304 16 193355 244 44c480 335 2180 52 36 514450

p480 100 1980 33830 504850

c490 87 1686 22710 .... ....p490 123 2430 453950 15115

p500 101 2970 119 45 25530

c500 451 1270 972461 103253

p510 68 3933 115050 35990

c510 962 880 952208 .... ....c520 192 630 2471794 202359

p520 232 4530 .... .... 7017060

c530 1.7k 415 6121482 322180

p530 220 5643 17095 17735

c540 1.5k 275 471186 211590

c550 1.4k 164 859 946 151505

c560 998 104 65 741 2201340

c570 451 054 236 613 821040

c580 411 033 396 475 .... ....c590 112 021 535 363 .... ....c600 424 013 448 240 400 520

c610 90 008 193 173 28 460

c620 9 002 194 115 3 347

Semicon q Close 211.26 Marc210 51 910 .... .... .... ....c220 128 410 .... .... .... ....SP100 Close 426.47 Marp240 .... .... .... .... 102 090p250 150 005 .... .... .... ....p270 50 010 .... .... .... ....p290 140 015 .... .... .... ....p320 90 045 3 285 .... ....p325 1.0k 035 87 350 .... ....p330 400 060 4 370 .... ....p340 341 085 36 4 .... ....p350 157 085 56 570 .... ....p355 10 140 62 630 .... ....p360 5 150 11 640 3261098

p365 46 185 .... .... .... ....p370 142 2 9 9 .... ....p375 65 220 .... .... .... ....p380 334 3 141120 .... ....p385 175 340 .... .... .... ....p390 83 390 21360 .... ....p400 382 540 421570 .... ....p405 98 8 .... .... .... ....p410 156 850 141960 .... ....c410 84 2150 43220 .... ....c415 58 20 .... .... .... ....p415 1.8k 980 42260 .... ....p420 816 1150 19 24 .... ....c420 158 1750 1082680 .... ....c425 1.1k 1480 .... .... .... ....c430 130 1180 61940 12750

c435 39 824 .... .... .... ....c440 202 750 671649 21 22c450 871 420 4021223 .... ....c455 64 3 .... .... .... ....c460 255 210 24 869 .... ....c465 1.2k 145 6 637 .... ....c470 48 080 5 550 .... ....c475 14 056 200 480 .... ....c480 203 035 56 380 .... ....c490 36 018 .... .... .... ....c495 241 035 30 180 .... ....c500 11 010 53 150 1 4c510 525 010 .... .... .... ....c520 50 010 .... .... .... ....SP100Eur Close 426.47 Marp420 284 1290 .... .... .... ....c420 280 15 .... .... .... ....p425 136 1380 .... .... .... ....c425 99 1380 .... .... .... ....c465 93 105 .... .... .... ....c475 93 050 3 452 .... ....SP100Eur st Close 426.47 Marc430 85 3 .... .... .... ....p430 85 760 .... .... .... ....SPX500 Close 890.64 Marc500 600 380 .... .... 138070

p500 760 010 306 082 44 2p550 .... .... 19 140 226 420

p575 327 035 22 210 .... ....p585 91 035 .... .... .... ....p600 8.9k 050 64 245 314 570

p610 48 050 7 339 .... ....p620 156 055 1 379 .... ....p625 293 060 15 4 300 850

p630 161 060 .... .... .... ....p635 45 060 .... .... .... ....p640 140 065 594 480 .... ....p650 35 067 380 425 10k1070

p660 143 080 .... .... .... ....p675 104 097 14 650 2221350

p680 601 104 2 720 .... ....p700 1.7k 131 362 910 61550

p710 40 205 .... .... .... ....p725 423 190 1.5k1211 .... ....p730 189 260 131350 .... ....p740 148 250 .... .... .... ....p750 602 250 1.3k 14 2.1k 25p770 57 453 11870 .... ....p775 77 460 2.0k1990 3013135

p780 556 510 .... .... .... ....p785 37 490 .... .... .... ....p800 7.2k 6 7652422 1.5k3740

p815 60 876 .... .... .... ....p820 41 870 .... .... .... ....p825 1.0k 960 139 33 1.1k4580

p830 276 1150 .... .... .... ....p840 20 1568 826 37 .... ....c850 5.6k 54 157150 .... ....p850 10k 15 3.2k3850 7.3k 54c860 112 4390 16010 .... ....p860 364 17 14 42 .... ....p870 221 2595 .... .... 6.7k6420

c870 39 40 .... .... 5.4k 68c875 2.6k 3750 395360 8.7k 67p875 7.4k 2250 1.5k4470 8.7k 65p880 12 25 2 54 3.6k 67c880 645 3195 .... .... 3.6k 67c885 25 29 .... .... 606525

p885 16 27 .... .... 45 65c890 123 2655 .... .... .... ....p890 35 2950 .... .... .... ....p895 37 3760 33 62 16830

c895 164 2340 .... .... .... ....c900 8.9k 2250 2.6k4454 4155682

p900 6.3k 3450 1065746 5237765

c910 44 19 33979 .... ....p920 .... .... 75 6650 .... ....c925 367 1310 273250 254104

p925 3.0k 58 .... .... 1 93c930 1.4k 960 .... .... .... ....c935 542 10 152429 .... ....p940 .... .... 35 86 .... ....c940 501 640 .... .... 203499

c950 2.2k 594 2.9k 23 1.3k3320

p950 501 71 89234 1210295

c955 67 538 21908 .... ....c960 82 450 1 16 .... ....c965 75 383 .... .... .... ....c970 277 305 151480 .... ....c975 961 243 5761480 1.0k 25c980 162 198 111245 62290

c985 170 188 121250 .... ....c990 182 138 31097 .... ....c1000 4.7k 110 299 950 873 18p1000 419 115 4 12957.... ....c1005 122 080 .... .... .... ....c1010 11 075 63 750 .... ....p1010 .... .... 836 13929 ........c1020 185 040 5 620 .... ....c1025 1.3k 050 503 530 2591350

c1035 145 030 7 423 .... ....p1050 826 168 .... .... ........c1050 36 030 86 3 2.2k 890

c1100 375 010 867 085 11 350

c1120 145 010 .... .... .... ....

Exp. Strike LastDate Price Vol Price

Jan Feb Jan Feb Jan Feb Jan Feb

Exp. Strike LastDate Price Vol Price

Exp. Strike LastDate Price Vol Price

P Strike Last Last LastC Price Vol. Price Vol. Price Vol. Price

P Strike Last Last LastC Price Vol. Price Vol. Price Vol. Price

P Strike Last Last LastC Price Vol. Price Vol. Price Vol. Price

P Strike Last Last LastC Price Vol. Price Vol. Price Vol. Price

P Strike Last Last LastC Price Vol. Price Vol. Price Vol. Price

P Strike Last Last LastC Price Vol. Price Vol. Price Vol. Price

P Strike Last Last LastC Price Vol. Price Vol. Price Vol. Price

P Strike Last Last LastC Price Vol. Price Vol. Price Vol. Price

Jan Feb Jan Feb Jan Feb Jan Feb

3M Co Close 57.17 Aprp55 1.4k 095 2 3 45 420

c60 2.3k 074 404 190 63 320

p60 1.0k 350 25 530 41 680

c65 1.5k 015 476 055 148 150

A M D Close 2.21 Aprc250 3.3k 015 no tr no trp3 no tr no tr 3.8k 120

A M R Close 10.41 Mayc9 1.5k 160 25 223 no trp9 1.6k 025 28 085 no trAbtLab Close 53.16 Mayp50 1.7k 065 197 179 10 360

c60 2.3k 010 6 040 227 146

AdobeS Close 21.05 Aprc20 3.3k 150 83 227 10 325

c2250 978 040 21k 110 4 2c25 4.4k 010 3.4k 035 15 105

c45 no tr no tr 6.0k 004

Adtran Close 14.49 Mayp1250 1.2k 020 no tr no trAEagleO Close 9.13 Mayc10 161 025 3.5k 070 261 120

Aetna Close 29.36 Aprc30 1.8k 110 124 240 17 320

AFLAC Close 45.60 Mayc45 70 225 1.7k 360 no trc50 282 035 6.4k 170 4 360

c55 2.5k 010 2.1k 055 106 210

c60 3.8k 010 62 015 104 132

AGCO Close 23.69 Mayc30 92 010 92 072 1.5k 2AK Steel Close 8.99 Marc65 2.2k 001 no tr no trAlcoa Close 10.69 Aprp750 1.6k 017 832 034 87 070

p10 3.2k 054 854 099 62 161

c10 5.0k 120 1.1k 157 663 209

c1250 4.4k 021 1.1k 050 2.3k 105

p1250 1.0k 206 1.5k 247 21 320

Altera Close 16.75 Marc15 1.1k 185 1 210 no trc1750 5.4k 030 302 095 612 120

Altria Close 15.33 Marc15 1.2k 058 97 095 44 103

c16 2.4k 015 527 044 237 062

AMAG Ph Close 35.93 Mayp25 1.1k 035 no tr no trAmazon Close 50.76 Aprp45 1.7k 095 65 350 172 548

p4750 1.2k 157 74 455 no trp50 3.8k 250 361 540 137 740

c50 1.5k 325 85 607 124 821

c55 1.7k 119 97 395 154 572

c60 1.1k 030 142 233 65 405

AmExp Close 18.00 Aprp15 6.0k 035 1.3k 113 10 177

p1750 1.7k 1 594 206 509 291

c1750 542 135 320 230 1.4k 310

c20 1.1k 045 629 120 1.2k 195

Amgen Close 57.59 Aprc60 5.6k 096 224 250 10 429

AmIntGp Close 1.56 May

c250 5.9k 003 324 006 no trAmylin Close 10.46 Aprc20 1.0k 005 no tr 388 040

AngloAm Close 11.37 Marc1250 124 030 94 105 35k 140

AnnalyCap Close 15.29 Aprc15 1.2k 085 156 130 38 170

c16 1.5k 040 277 085 10 140

ApolloGrp Close 77.46 Mayp55 1.2k 040 51 105 13 280

AppldMat Close 10.15 Aprc11 3.1k 020 144 050 26 090

Apple Close 86.29 Aprp40 1.1k 002 50 026 77 053

p45 1.2k 005 2 038 60 090

p50 1.6k 008 275 051 141 125

p60 5.3k 019 667 118 124 257

p65 6.6k 032 2.2k 180 158 350

p70 9.7k 060 686 262 197 480

c75 814 12 5.2k1520 291735

p75 9.8k 113 3.2k 380 203 620

p80 14k 212 1.0k 540 484 805

c80 2.3k 850 4781185 2831425

c85 7.3k 510 1.9k 885 3101150

p85 14k 385 1.2k 745 4231020

c90 19k 280 3.2k 635 749 940

p90 6.4k 640 1.5k1020 3381280

c95 13k 138 4.5k 440 228 725

p95 1.9k 10 3.1k1305 931585

c100 7.0k 064 852 295 1.6k 555

c105 12k 030 460 185 1.3k 425

c110 1.3k 015 364 120 1.2k 315

c115 1.0k 008 404 073 456 220

ArchDan Close 28.72 Marp25 483 027 136 134 3.1k 180

c30 482 070 342 188 2.1k 255

c35 63 005 684 055 1.1k 1AspenBio Close 5.93 Marc5 25 115 no tr 1.7k 218

p5 no tr no tr 1.5k 080

AT&T Inc Close 28.23 Aprp26 1.2k 035 156 126 100 213

c2750 1.9k 115 no tr no trc29 1.1k 040 844 120 1.2k 192

AtherosCm Close 14.05 Marc15 270 045 1.2k 110 25 130

AutoZn Close 137.25 Marp110 1.3k 060 13 240 no trBaidu.com Close 126.93 Marc180 1.3k 020 10 245 no trBarickG Close 36.32 Aprp35 1.4k 144 20 320 174 470

BcoBrad Close 9.83 Marc1250 no tr 100 040 2.4k 070

c15 1 001 no tr 2.3k 045

BebeStrs Close 7.60 Marp10 1.5k 250 no tr no trBk of Am Close 13.24 Mayp750 151 004 2.1k 025 274 075

p10 3.5k 013 1.9k 065 152 148

p11 4.3k 025 379 091 62 189

p1250 4.2k 063 855 145 182 252

c1250 4.5k 135 2.8k 209 1.7k 293

p14 1.7k 154 495 218 22 340

c14 5.3k 060 1.0k 139 455 215

c15 6.0k 032 18k 101 471 178

c16 1.4k 016 1.4k 070 144 150

c1750 833 007 1.7k 040 241 101

c19 51 005 1.0k 022 159 070

c2250 13k 001 568 007 579 029

c25 1.4k 001 227 003 94 014

c40 13k 001 3 001 879 002

c45 6.7k 001 2 001 3 002

Boeing Close 41.25 Mayp40 729 115 223 3 1.2k 490

c45 1.5k 035 572 140 804 320

BostSc Close 7.39 Mayc10 2.0k 001 24 017 46 045

BP PLC Close 45.82 Aprc35 no tr 2.8k1060 no trc45 1.5k 220 304 350 202 470

BrMySq Close 22.87 Marp20 11k 022 77 055 28 086

c20 1.2k 299 35 315 211 354

c2250 2.9k 1 141 163 93 205

p2250 2.7k 067 47 132 73 170

c25 3.5k 012 541 056 570 092

Broadcm Close 17.15 Mayp15 1.5k 020 146 075 no trc1750 1.0k 065 1.5k 144 no trBungeLtd Close 50.08 Aprp45 1.4k 135 no tr 62 520

c70 56 005 no tr 1.2k 135

BurlNo Close 74.53 Aprp65 368 025 12 175 1.2k 360

p80 3 670 1 820 1.4k 10c90 2.0k 001 6 032 no trC S X Close 31.54 Mayc35 3.1k 035 463 135 5 261

CapOne Close 30.86 Marc35 1.1k 095 62 280 248 360

Caterp Close 43.66 Mayc40 1.4k 418 201 540 28 705

p41 1.2k 102 114 277 329 5c4250 3.5k 240 no tr no trc45 1.8k 110 406 265 68 450

c4750 1.1k 037 no tr no trCblvsnSys Close 16.25 Marc15 100 175 10 185 4.0k 290

Celgene Close 54.62 Aprc65 1.3k 015 138 065 23 205

Cemex Close 9.13 Aprp750 1.1k 040 46 080 2 131

Cephln Close 77.33 Mayc85 4.4k 035 no tr no trCH Rbins Close 53.31 Mayp40 2.6k 025 50 095 no trChesEng Close 15.65 Aprp1250 1.4k 030 132 090 15 188

c15 1.5k 155 481 240 52 346

c1750 1.7k 050 226 130 613 236

c20 1.8k 015 181 065 75 165

c2250 1.1k 005 10 030 573 1Chevron Close 73.38 Marp70 3.7k 150 58 440 224 530

ChkPoint Close 18.96 Apr

c20 1.1k 025 107 080 25 130

Cisco Close 16.23 Aprp14 1.4k 010 558 048 134 090

p15 2.6k 024 899 073 187 122

c16 4.8k 076 1.6k 133 22 183

p16 2.2k 053 482 111 209 161

c17 no tr 1.8k 081 43 135

c1750 5.9k 018 no tr no trCIT Grp Close 4.23 Aprc5 1.0k 020 365 050 865 081

Citigrp Close 6.80 Marp4 45 003 1.2k 020 517 031

p5 1.6k 009 2.1k 041 5.8k 055

c6 4.5k 102 405 149 1.6k 160

p6 7.0k 025 6.2k 070 278 089

p7 no tr 1.5k 115 no trp750 9.0k 099 no tr 5.1k 166

c750 17k 029 no tr 5.8k 094

c7 no tr 2.0k 094 no trc8 no tr 2.0k 056 no trc9 3.1k 008 1.6k 031 669 049

c10 1.7k 003 1.0k 016 76k 031

p35 7.0k2830 no tr no trCoach Close 20.36 Mayc20 1.3k 125 26 245 7 351

p2250 2.2k 295 11 370 104 5ConocPhil Close 51.45 Mayp30 144 005 1.0k 021 314 094

c50 3.7k 318 521 475 133 7p50 1.7k 165 478 375 309 640

c55 2.6k 090 1.7k 238 414 470

Crocs Close 1.16 Marc5 no tr no tr 3.1k 010

CtlAir B Close 17.59 Marp15 5.5k 040 2 136 10 205

c15 5.2k 280 no tr no trCVRD Close 11.83 Marc1250 8.1k 052 no tr no trCVS Care Close 28.33 Mayp2750 1.4k 085 1.3k 190 311 320

c2750 626 160 1.2k 245 576 370

CyprBio Close 6.73 Marc10 374 055 1.0k 075 10 125

CypSemi Close 4.06 Marp4 no tr 1.2k 040 no trDardenRs Close 28.02 Aprc30 1.4k 050 220 165 2 285

Deere Close 37.65 Marp5250 1.4k1540 no tr no trDell Inc Close 10.23 Mayc10 1.6k 064 293 103 536 168

c11 5.1k 020 3.9k 055 205 120

DeltaAir Close 10.92 Marc10 1.0k 133 886 205 15 235

c1250 1.0k 035 254 1 4 140

DicksSport Close 13.04 Marc15 10 030 4.0k 085 300 130

DigRiver Close 23.76 Marp2250 no tr no tr 1.5k 230

DiscovFn Close 8.98 Aprc10 444 025 295 066 1.5k 135

Disney Close 22.48 Aprp20 2.1k 029 88 095 41 156

c2250 1.5k 091 38 165 307 250

c25 1.4k 019 203 075 539 140

DJIA Dia q Close 86.68 Marp82 2.1k 110 72 310 no trp84 2.1k 165 27 4 10 605

c84 1.5k 430 120 612 no trp85 4.5k 190 116 410 19 554

c85 3.3k 370 610 555 5 626

c86 1.6k 295 70 5 no trp86 2.3k 235 25 460 506 595

c87 1.3k 250 24 435 27 545

c88 2.7k 190 42 355 11 515

c89 1.6k 150 53 310 no trc90 1.4k 110 82 287 no trDow Ch Close 15.55 Marp1250 2.7k 020 626 050 185 077

p15 5.6k 075 4.4k 140 114 170

c15 2.8k 130 869 190 128 215

c1750 8.4k 035 1.6k 090 548 111

c2250 1.4k 005 178 015 346 030

DR Horton Close 6.99 Mayc750 3.3k 035 43 090 272 145

DryShips Close 9.62 Marc10 2.1k 091 432 180 253 220

DuPont Close 25.11 Aprc2750 683 015 1.1k 070 77 131

eBay Close 13.96 Aprc14 2.0k 061 130 119 2 151

Elan Close 5.77 Aprp1250 2.0k 683 no tr no trc20 6.0k 003 no tr no trEleArt Close 15.34 Marc15 104 110 2.0k 185 130 215

c20 2.2k 010 1 035 85 060

ElPasoCp Close 7.44 Aprc10 no tr 1.2k 010 10 036

EMC Close 10.40 Aprp10 1.9k 035 41 077 1.4k 112

c11 2.3k 025 3.0k 067 106 1c14 2.0k 002 12 007 1 026

EOG Res Close 65.82 Aprp60 2.4k 174 4 440 36 740

c70 1.5k 195 31 460 7 750

EsteeL Close 30.37 Aprp35 no tr no tr 1.2k 6ExxonMob Close 78.59 Aprp40 1.6k 005 no tr 487 039

p55 10 010 no tr 1.2k 143

p70 2.2k 067 187 240 255 435

p75 2.6k 147 617 365 68 6c75 1.4k 540 725 740 736 945

c80 4.2k 230 730 445 575 650

p80 2.3k 325 491 615 215 799

c85 3.7k 057 1.0k 225 672 425

c90 1.2k 010 693 1 264 257

FedEx Close 62.22 Aprc60 185 4 1.1k 550 20 820

FfthThrd Close 7.97 Mayp750 156 045 1.4k 1 26 165

FM C&G Close 23.73 Mayp2250 1.1k 118 145 257 48 455

c2250 2.2k 236 72 370 56 550

c25 2.8k 110 932 253 164 460

FordM Close 2.29 Marc250 4.9k 013 no tr no trForestOil Close 16.05 Mayp10 no tr no tr 3.9k 120

FstSolar Close 135.65 Marp100 156 110 1.1k 580 24 820

GaGulf Close 1.08 Mayc20 4.9k 001 no tr no trGap Close 13.16 Marp15 3.1k 210 no tr 163 280

c15 2.2k 010 141 040 no trp20 1.5k 710 no tr no trGen El Close 15.82 Marp10 170 003 1.8k 019 664 032

p1250 1.3k 011 no tr 1.6k 070

p14 1.5k 028 489 077 296 110

c15 2.7k 127 354 168 151 195

p15 5.3k 047 1.4k 107 141 150

p16 11k 090 1.2k 161 278 189

c16 9.8k 068 1.3k 120 1.4k 149

c17 no tr 1.8k 074 no trc1750 4.7k 020 no tr 1.7k 084

c18 no tr 1.2k 043 no trc19 2.2k 005 373 023 777 047

c20 3.4k 003 326 013 1.1k 030

c21 211 003 93 008 2.4k 020

Genentc Close 82.28 Marp70 5.9k 040 45 169 no trc80 2.1k 391 no tr 3 680

c90 1.2k 050 1.1k 180 366 270

GenMotrs Close 3.80 Marc250 5.7k 128 no tr 2.2k 130

p250 6.0k 017 no tr 3.6k 104

p4 3.2k 085 227 162 139 206

c4 6.9k 023 4.7k 045 1.3k 055

c5 5.9k 007 134 020 606 036

p5 3.9k 168 161 249 1.4k 292

c6 1.3k 005 81 011 73 021

c9 65 001 3.9k 005 32 008

Gilead Close 51.33 Mayc50 3.1k 290 627 446 41 630

c5250 1.6k 135 520 308 34 530

c55 1.6k 075 127 211 191 410

GoldmnS Close 82.06 Aprp50 2.2k 020 205 099 148 305

p65 1.4k 085 453 307 86 660

c70 1.7k1320 1081585 501940

p70 1.6k 147 289 405 65 785

c75 2.0k 940 61 12 361610

p75 2.9k 241 385 585 230 10p80 2.5k 395 929 760 881218

c80 2.6k 585 467 925 2461298

c85 4.1k 319 213 655 1861035

c90 5.6k 147 248 420 1.4k 815

c95 1.5k 060 149 254 55 630

c100 3.1k 025 445 150 76 450

Google Close 303.11 Marc300 1.1k1490 1112651 28 32c310 1.6k 950 58 21 242660

HarmonyG Close 10.42 Mayc750 1.1k 310 no tr no trc10 2.5k 105 20 173 no trc1250 1.9k 020 55 067 221 155

HartfdFn Close 16.32 Marc1750 1.2k 080 710 2 31 265

HeclaMn Close 2.70 Marc250 5.6k 035 no tr 249 065

HewlettPk Close 36.19 Mayp30 2.5k 008 70 065 no trc3750 1.2k 060 74 170 106 327

c40 811 012 16k 085 509 219

c4750 8 005 114 005 1.1k 055

c50 2.9k 005 4.3k 004 420 030

HomeDp Close 23.11 Mayp1750 159 009 1.9k 042 1.8k 135

p20 736 025 no tr 1.2k 204

c25 1.7k 033 no tr no trc2750 196 005 2.9k 035 no trHSBC Close 47.08 Marc50 576 130 1.0k 270 1.4k 362

p50 2 426 no tr 1.1k 770

I B M Close 83.55 Aprp80 1.7k 144 377 4 65 650

c80 4.1k 497 298 710 15 910

c85 3.2k 2 400 420 5.0k 650

p85 1.1k 350 87 653 219 870

c90 1.7k 055 1.0k 220 80 430

c125 no tr no tr 4.7k 009

IngersollR Close 17.09 Marp15 2.5k 025 15 090 65 125

Intel Close 14.69 Aprp12 no tr 2.0k 034 262 077

p1250 8.6k 014 no tr no trp14 6.1k 045 1.8k 087 52 146

c14 2.6k 113 2.0k 146 11 199

p15 2.2k 087 1.1k 140 329 191

c15 12k 058 569 094 659 153

c16 8.3k 024 1.2k 054 249 105

c1750 16k 005 no tr no trc30 21k 001 no tr no trIntel fr Close 14.69 Aprc17 no tr 1.6k 028 1.1k 075

c22 no tr no tr 7.9k 011

iSh EAFE Close 44.26 Marp40 2.8k 055 no tr 500 205

c45 2.6k 1 no tr 2 260

c49 no tr 2.2k 061 no tr

ISh HK Close 10.27 Marp8 no tr 5.0k 015 no triShBrazil Close 34.16 Marp27 10 040 no tr 5.1k 220

c35 2.2k 180 19 320 no trc39 2.0k 045 3 165 no trc40 3.3k 032 92 133 37 210

c45 104 006 25 050 1.6k 102

iShEmMkt Close 24.64 Marp24 504 163 1 220 1.0k 275

p25 1.0k 167 42 273 no trc25 1.2k 069 283 211 62 277

c27 4.3k 043 13 123 458 188

iShJapan Close 9.50 Marp7 no tr 10k 010 no triShMexico Close 32.31 Marp30 no tr no tr 2.0k 260

c30 no tr no tr 2.0k 420

c35 no tr no tr 4.5k 180

p35 no tr 20 450 2.5k 520

iShR2000 q Close 48.12 Marp37 2.3k 007 66 058 no trp38 1.4k 008 82 076 no trp39 1.3k 014 30 088 56 181

p40 2.3k 018 46 110 3 213

p41 152 025 511 121 1.5k 240

p42 132 034 1.0k 152 no trp43 1.9k 050 1.4k 178 no trp45 2.6k 087 1.4k 218 32 385

c45 1.0k 406 11 485 no trp46 3.5k 109 1.4k 279 2 420

c46 2.5k 340 36 425 no trc47 5.2k 285 81 430 83 485

p47 2.9k 146 1.3k 3 61 465

c48 6.8k 227 433 380 30 425

p48 4.2k 183 34 370 4 475

p49 3.5k 231 44 430 no trc49 3.8k 174 2.5k 325 1 388

c50 2.9k 131 666 250 4 335

c52 1.2k 064 1.3k 176 no trc53 427 044 1.6k 154 3 240

p54 1.5k 610 20 790 no trc54 1.9k 027 663 127 20 185

c56 508 010 94 077 1.5k 135

iShREst Close 35.54 Marp22 40 012 no tr 1.2k 126

p25 1.1k 015 60 115 245 175

iShRs2000 Close 48.12 Mayp20 no tr no tr 3.1k 014

iShsChi25 Close 28.75 Mayc33 1.4k 025 73 105 2 280

JA Solar Close 4.42 Marc5 1.3k 025 272 045 236 070

JohnJn Close 59.17 Aprp55 1.5k 044 261 140 89 274

c60 1.1k 105 390 220 272 330

p60 2.4k 215 264 350 54 5c65 680 013 1.2k 050 547 130

JPMorgCh Close 00.00 Marp25 6.1k 041 244 128 292 192

p26 2.0k 052 162 150 no trc2750 1.4k 390 no tr 356 550

p2750 1.9k 080 no tr 78 3p28 no tr 1.5k 232 no trc29 1.8k 284 2.5k 410 246 460

p29 1.2k 130 429 275 269 335

c30 2.1k 219 5.1k 320 122 410

p30 2.8k 157 722 284 558 4c31 1.8k 163 369 265 760 341

p31 2.2k 206 103 360 96 455

c3250 1.9k 099 no tr 424 3c35 2.0k 038 5.9k 130 289 201

c40 1.2k 007 638 035 588 075

Kellog Close 43.19 Marp35 1.7k 005 77 035 70 070

KingPh Close 10.40 Aprp10 1.3k 060 no tr 30 140

KinrossG Close 18.19 Mayc1750 2.4k 150 5 250 no trKohls Close 34.80 Aprc35 1.3k 188 246 330 74 490

Kraft Close 26.60 Marp2250 5 005 5 025 1.2k 050

p25 1.3k 020 299 070 1.6k 110

c2750 75 025 31 075 1.5k 110

p2750 87 125 23 170 1.6k 226

LehmnBr Close 00.00 Aprc25 2.1k 001 no tr no trLilly Close 39.67 Aprp35 1.4k 030 27 110 112 222

p40 2.5k 145 129 310 916 430

c40 1.8k 125 69 225 1.0k 320

Linear Close 22.30 Mayc20 1.5k 260 18 3 8 380

c2250 3.2k 1 29 145 40 235

LinnEngy Close 14.98 Aprc15 2.7k 075 192 1 342 145

Lowes Close 21.52 Aprc2250 99 050 1.4k 140 838 210

Macys Close 9.41 Mayc10 135 060 20 115 2.0k 190

Marathon Close 26.65 Aprc35 1.3k 005 405 030 78 090

MarvelEnt Close 30.55 Marc30 2.9k 155 no tr 30 350

MarvellT Close 6.64 Mayp5 7.4k 010 1.2k 020 1.5k 049

c750 562 016 1.8k 040 239 085

p750 11k 106 669 129 110 180

c10 2.0k 005 no tr no trMatrixSv Close 6.97 Mayp1250 1.2k 570 no tr no trMedicis Close 13.31 Aprp15 2.1k 225 no tr no trMedtrn Close 30.54 Mayc30 53 140 1.6k 245 83 334

MerrillLyn Close 11.27 Aprc15 3.1k 008 7 029 64 075

MerrLyn Close 11.27 Aprc30 1.9k 001 no tr 10 002

c3250 1.7k 001 no tr no trMethanex Close 11.19 Aprc10 3.0k 140 no tr no trMetLife Close 34.62 Marc35 1.2k 265 6 470 5 565

c40 1.3k 1 115 272 38 360

c45 2.0k 040 18 155 1 225

Microsft Close 19.34 Aprp15 129 004 1.1k 031 55 067

p16 2.1k 007 1.0k 046 61 094

p1750 13k 021 no tr 596 146

p18 no tr 1.0k 103 no trp19 3.7k 062 1.5k 144 1.0k 213

c19 4.7k 095 1.9k 169 24 225

p20 2.9k 116 571 196 20 268

c20 6.2k 048 2.9k 118 256 181

p2250 5.1k 330 no tr no trMicrosft fr Close 19.34 Aprc21 3.0k 020 6.4k 080 2.2k 136

c22 no tr 1.3k 052 no trc23 no tr 1.0k 031 no trc25 2.7k 001 64 009 no trMonsnto Close 69.52 Aprc75 4.9k 160 147 380 36 650

c80 903 060 2.6k 215 143 5c100 1.9k 005 no tr 20 1MorgStan Close 15.19 Aprp10 329 010 200 050 1.2k 120

c15 1.7k 113 38 175 133 260

c19 13 005 337 045 2.5k 120

Mosaic Close 34.20 Marc35 2.4k 245 500 410 91 520

c45 1.1k 025 53 115 79 210

Mylan Close 00.00 Aprc10 351 025 2.8k 070 129 135

MyriadGnt Close 65.91 Mayp60 1.3k 080 416 320 no trc75 1.1k 040 15 160 11 440

NetApp Close 13.39 Marp1250 20 030 46 085 1.1k 115

p15 no tr 100 230 1.3k 255

Nordstrm Close 12.29 Aprc2250 8.6k 003 no tr no trNorSo Close 45.50 Marp40 5.0k 041 12 195 56 264

p45 5.4k 180 105 360 48 470

Nvidia Close 8.02 Aprc750 1.3k 075 5.7k 110 no trc10 524 004 1.6k 030 no trNwmtMn Close 40.02 Mar

c40 1.5k 225 54 4 45 485

NYSE Eur Close 25.96 Marc25 1.8k 220 104 330 58 365

OcciP Close 58.44 Mayc65 1.2k 090 54 310 3 649

OilSvcHT Close 73.26 Aprc80 1.9k 153 144 350 139 645

OilSvHT Close 73.26 Aprp70 2.0k 280 86 590 42 990

c75 1.2k 325 122 615 58 9p75 1.0k 515 7 955 11259

Oracle Close 17.83 Marp14 3.5k 003 no tr 120 035

c1750 5.9k 080 no tr no trp1750 1.1k 052 no tr no trc19 3.3k 019 3.2k 060 280 092

PatrsEng Close 11.25 Mayp10 1.9k 040 149 095 10 170

Paychex Close 25.79 Marp25 120 065 154 135 2.3k 185

Petrobrs Close 23.73 Aprc25 1.1k 105 1.5k 220 56 350

Pfizer Close 17.75 Marp1750 11k 044 51 107 68 125

c1750 11k 070 276 1 646 122

c18 no tr 1.2k 074 no trc19 6.8k 014 1.5k 037 159 055

c20 1.3k 005 326 015 877 032

PhilMorr Close 43.91 Marc45 3.0k 060 502 155 595 2PioNtrl Close 15.85 Marc50 2.0k 001 no tr no trProctGam Close 61.12 Aprc60 2.6k 220 424 350 18 460

p60 1.4k 115 288 270 149 4c65 693 020 896 120 1.1k 220

ProS UlOG Close 28.32 Marc27 1.0k 280 14 430 10 550

ProS UlQQQ Close 26.42 Aprp24 2.0k 080 1 205 no trProS UlRE Close 5.80 Marc6 1.1k 055 445 115 45 150

ProUltFin Close 5.63 Marc5 1.5k 085 488 130 324 140

p5 2.9k 025 304 070 161 085

c6 4.9k 030 706 075 387 1ProUltSP Close 25.58 Marc25 4.3k 190 546 3 29 370

c26 1.2k 135 73 255 15 330

p26 1.6k 175 46 310 no trc27 2.1k 085 75 205 7 285

PulteHms Close 10.60 Aprp10 1.8k 070 48 140 201 205

PwNasd100 Close 29.49 Marp16 no tr 1.1k 003 1 008

p17 no tr 1.3k 004 2 010

c38 2 001 1.3k 003 50 008

c40 no tr 1.1k 001 no trPwNasd100 q Close 29.49 Marc32 9.0k 016 3.6k 071 22k 120

p32 3.0k 256 154 306 20 4c33 2.9k 005 1.4k 045 1.7k 080

c34 3.5k 002 1.7k 025 no trc35 1.0k 001 1.7k 012 141 035

c37 no tr 1.1k 004 no trPwShs QQQ Close 29.49 Marp20 2.6k 001 272 010 1 028

p21 4.4k 001 866 013 6 031

p22 3.3k 003 1.2k 020 no trp23 3.0k 003 777 028 no trp24 2.3k 006 626 037 no trc25 1.6k 474 206 503 no trp25 1.7k 009 734 049 4.2k 087

c26 2.3k 365 1.7k 420 462 452

p26 4.7k 016 1.3k 066 313 110

p27 10k 026 4.0k 089 no trc27 2.2k 290 1.4k 352 1.0k 393

c28 10k 205 1.6k 273 160 327

p28 16k 045 1.1k 119 890 175

p29 31k 077 1.6k 151 no trc29 57k 136 2.3k 214 142 259

c30 21k 080 1.5k 157 221 205

p30 18k 115 3.0k 194 186 265

c31 12k 040 2.5k 110 268 152

p31 5.7k 175 297 254 54 322

Qualcom Close 34.94 Aprp3250 1.0k 057 128 174 no trp35 1.3k 149 387 265 30 380

c35 5.6k 142 1.3k 259 6 332

c3750 1.8k 050 714 148 1 233

Rambus Close 15.72 Mayp15 112 128 5.0k 295 7 490

c19 1.4k 050 35 190 no trReneSola Close 4.86 Aprc5 1.7k 050 769 1 34 125

RohmH Close 59.70 Aprp40 2.6k 160 1.2k 290 887 370

p45 6.3k 270 17 420 12 5p50 5.8k 410 88 580 132 678

c55 1.5k 990 1.1k1150 661250

p60 758 788 1.1k 940 1761013

c60 3.1k 680 3.2k 830 349 890

c65 6.1k 430 1.7k 550 103 630

p65 1.1k1030 201260 5001330

c70 23k 235 3.6k 310 612 310

c75 5.2k 078 2.3k 110 1.3k 130

RschMot Close 38.77 Marp3338 1.3k 052 no tr no trp35 1.2k 083 1.3k 230 81 320

p3663 1.1k 133 no tr no trp40 2.2k 286 172 451 206 570

c40 4.1k 161 518 330 166 449

RschMotn Close 38.77 Marc4338 2.2k 063 no tr no trc45 2.5k 040 509 161 366 262

Ryland Close 16.72 Aprp15 2.1k 090 124 205 no trRylCar Close 13.34 Marp5 no tr no tr 1.0k 025

Salesforce Close 30.96 Mayc35 1.0k 068 9 185 10 430

SanDisk Close 9.17 Aprc30 2.0k 001 no tr no trSavientPh Close 5.88 Marp5 3.6k 040 542 080 5.0k 125

Schering Close 17.04 Mayc20 1.3k 008 297 035 349 105

Schlmb Close 42.12 Mayc45 907 105 12k 215 453 520

c70 4.4k 005 120 005 68 035

c95 no tr 3.8k 010 no trSilvWhtn Close 6.41 Marp250 no tr no tr 1.5k 013

SouthnCo Close 36.53 Mayc40 1 005 25 025 1.0k 085

SP Bas Close 22.35 Marc40 no tr no tr 1.2k 003

SP Consum Close 21.19 Marp17 1.5k 015 no tr 191 065

p19 3.0k 030 no tr 25 115

p21 1.5k 1 no tr 2 220

SP Engy Close 47.27 Marp41 6.1k 041 132 155 no trc45 1.5k 345 12 456 5 592

p45 22k 124 63 274 20k 406

c48 6.0k 170 1.8k 330 no trc49 3.5k 122 47 282 80 375

p49 4.2k 370 54 505 no trc50 2.8k 092 74 239 64 299

c53 3.2k 027 307 134 no trc54 15k 018 7 1 no trSP Fncl Close 12.13 Marp9 600 005 3.0k 033 726 053

p10 1.6k 010 1.6k 052 251 077

p11 11k 024 5.0k 076 1.6k 115

c11 1.6k 135 305 187 11 201

c12 9.0k 070 18k 127 2.2k 155

p12 6.2k 054 2.3k 118 949 150

c13 4.8k 027 2.4k 080 4.6k 110

p14 1.5k 210 no tr 147 267

c14 71k 011 872 047 2.5k 072

c15 3.3k 004 678 025 2.6k 045

SpdGld nya Close 85.90 Marp82 88 135 1.0k 340 10 470

p83 1.3k 170 125 390 6 502

c85 1.9k 330 68 560 54 720

c86 2.1k 291 92 540 1.5k 699

c95 273 070 10 250 3.0k 4c100 8.6k 035 156 165 582 310

c115 10 010 no tr 3.0k 145

SPDR Close 88.97 Marp40 no tr 375 003 4.0k 010

p43 no tr 51 003 1.7k 011

p70 8.8k 014 487 080 no trp75 1.7k 026 861 133 217 242

p77 479 038 2.2k 167 70 3p78 2.5k 045 1.0k 187 4 305

p80 7.5k 064 1.0k 220 2.4k 361

p81 1.6k 076 226 258 no trc81 2.3k 880 240 995 241097

p82 3.6k 089 3.0k 270 9 480

c100 6.2k 012 1.4k 104 208 205

c104 131 006 1.0k 045 2.3k 099

c106 68 002 124 025 3.0k 076

SPDR q Close 88.97 Marp83 8.4k 108 3.0k 305 15 482

c83 3.0k 710 326 840 no trc84 2.4k 631 294 824 27 935

p84 6.8k 130 438 325 no trp85 30k 150 1.3k 360 116 515

c85 3.3k 560 266 755 no trc86 5.8k 485 1.0k 685 13 830

p86 26k 179 259 387 118 575

p87 16k 212 300 420 no trc87 6.3k 420 986 626 no trp88 9.7k 243 6.2k 470 236 635

c88 13k 350 6.0k 581 3 702

c89 18k 3 468 525 24 615

p89 2.8k 284 744 515 134 675

c90 40k 243 4.2k 470 198 595

p90 4.6k 340 230 555 193 720

p91 2.4k 395 508 605 2.0k 865

c91 13k 201 1.0k 4 no trp92 1.7k 455 246 655 60 870

c92 16k 159 1.8k 370 87 520

c93 7.0k 121 353 330 3 450

p94 1.2k 590 508 860 161005

c94 6.0k 092 398 278 177 410

c95 13k 069 2.4k 245 996 370

c96 3.4k 050 993 212 no trc97 2.7k 038 722 180 2.4k 291

c98 2.7k 025 750 150 8 235

c99 2.7k 020 220 125 no trSpdrGold nya Close 85.90 Aprc63 1.6k2270 no tr no trp76 2.0k 035 25 149 no trsT DJEuStx Close 34.16 Aprp27 no tr 2.0k 060 no trStaples Close 17.71 Marc20 1.3k 015 169 055 95 110

Starbcks Close 9.36 Aprc10 3.0k 024 1.8k 061 11 104

c1250 1.1k 002 no tr no trc12 no tr 1.1k 016 24 041

c13 no tr 1.8k 007 13 024

StatoilHy Close 16.43 Aprc1750 2.6k 050 10 108 371 175

SuntechPw Close 11.89 Marp5 25 005 1.1k 020 225 050

SwnEngy Close 29.67 Marc35 296 040 2.7k 150 51 255

SwstAirl Close 8.38 Marc10 1.6k 005 441 020 387 040

Symntc Close 12.99 Aprc1250 1.4k 090 280 145 no trSynaptics Close 15.68 Marp1250 1.1k 020 53 085 18 115

p15 383 085 2.0k 191 140 215

c15 614 125 3.7k 225 31 258

SyntaPhm Close 5.71 Mayp5 no tr 2.8k 150 no trc5 3.5k 090 3.2k 125 1 230

Target Close 33.55 Aprp30 2.1k 095 618 235 206 435

c3250 1.5k 280 739 430 13 615

p3750 90 5 1.2k 645 36 850

c40 1.3k 040 369 144 589 335

c5250 208 003 no tr 1.3k 097

TeckComB Close 4.89 Mayc5 1.6k 045 275 085 21 144

TexasInst Close 15.16 Aprc1250 69 255 1.9k 272 30 318

p15 486 054 442 110 1.0k 164

c15 1.3k 065 2.5k 110 23 163

Tifany Close 23.03 Mayc2250 263 181 2.9k 265 no trTollBr Close 20.59 Marc2250 213 050 1.3k 143 130 190

Transocn Close 46.93 Mayc55 394 055 1.5k 215 205 470

UAL Cp Close 10.74 Marc1250 1.4k 055 1.2k 155 29 2c15 441 020 no tr 3.0k 130

c25 5.2k 005 no tr 27 020

c30 1.1k 005 no tr no trUnPacif Close 46.81 Mayc4750 1.0k 160 no tr no trUnTech Close 53.04 Mayc55 1.1k 085 371 230 219 410

c70 no tr 3.0k 004 21 040

UrbnOut Close 14.60 Mar

c1750 1.4k 021 575 066 no trUS Bancp Close 24.11 Marc25 6.7k 080 506 190 237 226

c2750 662 020 549 090 1.2k 135

US NGFd Close 24.23 Aprc25 102 090 1.0k 190 196 280

US OilFd Close 30.20 Aprp25 1.2k 060 1.4k 180 409 290

p26 924 085 1.7k 210 234 3p27 2.4k 115 2.1k 250 25 380

p28 2.5k 150 1.6k 290 41 420

p29 1.0k 192 70 350 11 470

c29 749 310 1.4k 450 16 530

c30 3.6k 255 2.9k 410 269 550

p30 912 230 2.6k 4 45 520

c31 886 2 14k 360 52 5p31 283 290 14k 450 52 6c32 2.3k 170 706 330 51 455

c34 1.5k 105 1.0k 255 12 370

USSteel Close 37.55 Aprp25 368 015 48 111 2.8k 250

c35 1.8k 415 166 620 254 820

c40 3.9k 160 2.3k 380 82 590

c45 1.3k 045 276 210 136 401

c50 369 020 46 114 2.5k 285

Utdhlth Close 27.04 Marc27 238 130 2.9k 230 49 285

ValeroE Close 21.55 Marp1750 1.7k 020 360 091 71 144

c20 2.5k 214 382 311 21 355

c2250 2.4k 084 no tr 59 219

c22 no tr 1.0k 206 no trc25 8.6k 020 167 095 1.1k 140

Verizon o Close 33.23 Aprp3250 2.2k 102 306 219 no trc3250 1.2k 130 602 222 24 283

c35 1.9k 028 664 103 100 172

Visa Close 50.99 Marc55 1.5k 065 258 240 99 310

Vivus Close 4.99 Marp5 3.0k 065 no tr no trVulcanMat Close 69.48 Mayp55 3.0k 070 35 280 no trp65 3.0k 265 3 560 31030

Wachovia Close 5.73 Aprc4750 2.2k 020 no tr no trWalMart Close 55.05 Marp50 1.2k 031 470 133 20 201

p5250 2.0k 069 207 195 248 280

c5250 1.1k 324 114 425 206 495

c55 3.2k 154 443 292 206 365

p55 1.4k 153 154 294 102 385

c5750 1.7k 052 483 175 505 236

c60 5.7k 015 502 094 169 153

p60 1.3k 530 no tr 1 705

c6250 171 004 518 046 1.0k 085

WasteMgmt Close 32.44 Aprc3250 1.0k 095 122 180 48 255

WeathInt Close 10.70 Mayp10 5.3k 055 271 120 23 225

WellPoint Close 43.11 Marc40 49 350 1.6k 440 10 440

WellsFrgo Close 28.80 Aprp1750 1.0k 012 no tr 375 130

p20 8.0k 020 293 085 1.2k 190

p2250 1.7k 045 no tr 2.1k 255

p27 no tr 1.3k 285 no trp29 1.3k 220 402 370 355 513

p30 3.9k 273 283 430 25 570

c3250 1.3k 060 no tr no trXilinx Close 17.62 Marc1750 6.3k 082 2.7k 125 181 145

XTO Energy Close 34.89 Mayp30 1.9k 055 72 190 1 4c35 1.1k 190 785 340 2 570

Yahoo Close 11.97 Aprp11 1.2k 052 133 119 184 185

c1250 1.8k 074 no tr no trc14 1.8k 032 128 085 63 148

c15 2.4k 018 143 060 389 115

c20 668 005 837 009 1.0k 023

c25 1.1k 003 no tr no trc30 1.1k 001 no tr no trYamana Close 7.75 Aprc750 3.6k 065 no tr no trp7 no tr 1.4k 065 50 105

c8 no tr 1.2k 080 256 125

YumBrnds Close 30.91 Aprp25 1.1k 015 21 061 19 140

ZionBcp Close 22.89 Aprp1750 5.0k 071 no tr 214 310

Jan Feb Jan Feb Jan Feb Jan Feb

20 Most Active Stock OptionsStock Optn OptnPrice Price Chg. Vol

Citigrp Mar 10 Call 6.80 0.31 + 0.04 76637SPDR q Jan 90 Call 88.97 2.43 + 0.53 40049SPDR q Jan 85 Put 88.97 1.50 – 0.76 30001RohmH Jan 70 Call 59.70 2.35 + 1.00 23788SP Engy Jan 45 Put 47.27 1.24 – 0.47 22278PwShs QQQ Jan 30 Call 29.49 0.80 + 0.23 21240Intel Jan 30 Call 14.69 0.01 .. 21163SP Engy Mar 45 Put 47.27 4.06 – 0.14 20071Apple Jan 90 Call 86.29 2.80 – 0.25 19331PwShs QQQ Jan 30 Put 29.49 1.15 – 0.46 18961Bk of Am Feb 15 Call 13.24 1.01 .. 18102HewlettPk Feb 40 Call 36.19 0.85 + 0.05 16804Apple Jan 85 Put 86.29 3.85 + 0.05 14513Apple Jan 80 Put 86.29 2.12 + 0.06 14192Bk of Am Jan 40 Call 13.24 0.01 .. 13999SPDR q Jan 95 Call 88.97 0.69 + 0.19 13807Apple Jan 95 Call 86.29 1.38 – 0.16 13464Schlmb Feb 45 Call 42.12 2.15 – 0.30 12975Intel Jan 15 Call 14.69 0.58 + 0.19 12825Apple Jan 105 Call 86.29 0.30 – 0.05 12663

20 Most Active Index OptionsIndex Optn OptnPrice Price Chg. Vol

SPX500 Jan 850 Put 890.64 15.00 – 9.00 10573SPX500 Mar 650 Put 890.64 10.70 – 0.90 10214DJ Inds Jan 70 Put 86.68 0.14 – 0.11 9104SPX500 Jan 600 Put 890.64 0.50 – 0.05 8990SPX500 Jan 900 Call 890.64 22.50 + 5.00 8921SPX500 Mar 875 Put 890.64 65.00 –13.80 8795SPX500 Mar 875 Call 890.64 67.00 + 6.20 8737SPX500 Jan 875 Put 890.64 22.50 –10.50 7456SPX500 Mar 850 Put 890.64 54.00 – 8.90 7300SPX500 Jan 800 Put 890.64 6.00 – 5.50 7267SPX500 Mar 870 Put 890.64 64.20 – 3.80 6715SPX500 Jan 900 Put 890.64 34.50 –10.90 6377SPX500 Jan 850 Call 890.64 54.00 +10.70 5645SPX500 Mar 870 Call 890.64 68.00 + 2.00 5409SPX500 Jan 1000 Call 890.64 1.10 + 0.30 4706SPX500 Mar 880 Put 890.64 67.00 – 3.00 3669SPX500 Mar 880 Call 890.64 67.00 – 3.00 3613SPX500 Feb 850 Put 890.64 38.50 – 9.50 3258SPX500 Jan 925 Put 890.64 58.00 –16.70 3017SPX500 Feb 950 Call 890.64 23.00 + 4.30 2955

Total Total Call Put Call Put Open Open

Index Vol. Vol. Interest Interest

SPX500 65,950 112,496 1,990,100 3,121,203Rus2000 15,208 11,808 394,354 364,144DJ Inds 3,768 29,449 82,254 96,888Nasd100 6,368 5,763 68,267 98,285SP100 6,487 7,514 36,724 44,662SP100Eur 709 459 26,947 23,225Bank Idx 289 406 8,105 1,645SP100Euro 0 70 0 7,926GS Idx 169 604 3,169 3,716OilSvc 365 14 2,048 621

Total Total Call Put Call Put Open Open

Index Vol. Vol. Interest Interest

Semicon q 187 0 970 0SP100Eur st 93 94 387 87Oil Idx 400 33 11 20SemiconIdx 0 10 0 158AM BioT 20 10 23 50Bnk Idx q 10 20 10 0NtGas 0 24 0 0GoldSilv q 15 0 5 0Air Idx 0 1 0 1

P Strike Last Last LastC Price Vol. Price Vol. Price Vol. Price

P Strike Last Last LastC Price Vol. Price Vol. Price Vol. Price

P Strike Last Last LastC Price Vol. Price Vol. Price Vol. Price

P Strike Last Last LastC Price Vol. Price Vol. Price Vol. Price

P Strike Last Last LastC Price Vol. Price Vol. Price Vol. Price

P Strike Last Last LastC Price Vol. Price Vol. Price Vol. Price

P Strike Last Last LastC Price Vol. Price Vol. Price Vol. Price

P Strike Last Last LastC Price Vol. Price Vol. Price Vol. Price

Jan Feb Jan Feb Jan Feb Jan Feb

Comprehensive volume and prices for Tuesday, December 30, 2008.Investor’s Business Daily shows options in a time-saving alphabetical list,with expiration month in the first column. Closing prices are as of 4 p.m.Eastern and do not reflect after-hours settlements/trading.

Index OptionsClosing prices may vary due to after hour settlements/trading at time of data transmission.

Indexes

A daily article about option strategies, provided exclusively for IBD readers by Optionetics, is now available at our companion Web site.INVESTORS.COM/OPTIONS

Stock Options Leaders

INVESTOR'S BUSINESS DAILY WEDNESDAY, DECEMBER 31, 2008 B 1

B Y J O N A H K E R IINVESTOR'S BUSINESS DAILY

Stocks ramped higher Tuesdayafter General Motors’ troubled fi-nancing arm received $5 billion ingovernment financing.

The Nasdaq jumped 2.7%. TheNYSE composite and S&P 500 bothgained 2.4%, the Dow industrials2.2%.

Small caps led the way, as the S&P600 soared 3.7%.

Nasdaq volume rose 14% com-pared with Monday’s level. NYSEturnover grew 8%.

Tuesday’s action marked a day ofaccumulation for the Nasdaq. Theindexes’ gains in higher volumecame as a welcome sign.

The market had been acting slug-gish for a while.

Some of that lackluster movementcameas a resultof light, holiday-sea-son volume.

But beyond calendar-related rea-sons, the major indexes had shownsporadic negative signs lately, witha handful of distribution days crop-ping up and not much buying frombig-money investors.

This time, the Nasdaq, Dow andS&P 500 landed a higher-volumeup day immediately after posting adistribution day.

What’s more, the broad indexesrallied into the close, ending the ses-sion right at their intraday highs —another sign of strength.

The Treasury Department’s an-nouncement that it would providefunds to GMAC Financial helpedspur the session’s rally.

GMAC will receive the funds aftergaining government approval to be-come a bank holding company lastweek, allowing it access to the gov-ernment’s $700 billion bank rescueprogram.

Those funds come on top of the$17.4 billion in loans that GMGM and

Chrysler are getting to keep opera-tions running through the winter.GM is getting another $1 billionfrom the government to ease credit.

GMAC said it plans to resumelending to customers it had previ-ously said were too great a risk forauto loans.

GM said it’s offering financing aslow as 0% over the next week in ayear-end sales push. GM’s stock ad-vanced 6%.

The GMAC news overshadowedsome weak economic readings.

The Conference Board said itsConsumer Confidence Indexdropped to a record low, falling to38 in December. That was downsharply from a revised 44.7 readingin November, and well below the45.2 figure economists had forecast.

Stocks pulled back a bit after theconsumer confidence report cameout, then quickly headed higher.

Meanwhile, the InternationalCouncil of Shopping Centers saidNovember-December same-storesales will likely fall 1.5% to 2% vs. ayear ago, the sharpest drop since atleast 1970.

In more-bullish economic news,the Chicago Purchasing Managers’index rose to 34.1 in December, upfrom 33.8 in November. That wasthe first gain by the Chicago PMI infour months.

Elsewhere, leading stocks faredwell. The IBD 100, IBD’s ranking oftop-rated equities, leapt 2.7%.

Tower GroupTWGP led the way.The property and casualty insur-ance provider motored 1.56 to 26.06in more than twice its normal trade.The stock cleared a 26.04 buy pointin a three-month base.

Fuel products maker World FuelServicesINT rallied 2.67 to 38.46 inabove-average turnover. The stockis on pace for its fourth straight upweek. Its Relative Strength line is ata new high.

AirgasARG picked up 2 to 39.68 involume 28% above average.The dis-tributor of industrial and medicalgases is also on pace for a fourthstraight week of gains, climbingback from a steep, three-month cor-rection. It’s still 39% off its 52-weekhigh.

Specialty chemicals manufacturerBalchemBCPC ran up 1.51 to 24.71 inbrisk trade.

The thinly traded stock climbedback above its 50-day moving aver-age as it continued to build a cup-shaped base.

In commodities, January crude oilfell 99 cents to $39.03 a barrel. Oilprices had gained Monday as fight-ing intensified in the Middle East.

Foreign markets got the day off toa strong start.

Japan’s Nikkei stock average rose1.3% in the final session of the year,ending 2008 with a 42% loss. Brit-ain’s FTSE 100 climbed 1.7%, Ger-many’s DAX index 2.2% andFrance’s CAC-40 2.8%.

In the Treasury market, the yieldon the benchmark 10-year noteheld mostly steady. It edged downto 2.06% from 2.11% late Monday.

95 89 78 C+ 57.50 PrePdLegl PPD 36.63 +0.96 96 +3388 93 72 C+ 66.78 Syngenta o SYT 38.52 +1.20 1,043 +3290 92 71 C+ 65.45 Airgas o ARG 39.68 +2.00 1,270 +2891 81 81 B– 57.15 NustarEn o NS 39.45 +0.53 292 +2885 95 71 D+ 108.4 BP Prdhoe o BPT 71.85 +1.52 202 +2699 81 97 A 46.44 CalifWtr CWT 45.87 +2.15 329 +2297 95 99 B+ 39.48 WldFuelSv o INT 38.46 +2.67 816 +14

64 75 45 B 62.74 BadgerMtr BMI 28.74 –6.16 747 +21399 92 94 A– 34.50 AecomTec n o ACM 28.00 –1.20 2,242 +10154 93 21 D– 131.1 Lindsay o LNN 32.49 –1.71 533 +4355 48 44 D 68.04 Universl o UVV 30.34 –0.91 384 +2697 93 91 B+ 56.92 Heico o HEI 38.40 –0.77 220 +2074 97 39 C+ 101.5 MurphOil o MUR 43.63 –0.61 2,675 +1594 86 74 B+ 49.23 Moog A MOGA 33.57 –0.64 239 +13

92 94 89 C+ 65.19 NW Pipe o NWPX 43.39 +2.58 1,457 +57199 95 94 B+ 34.34 TowrGp TWGP 26.06 +1.56 489 +10897 74 99 B+ 24.59 AmItPasta n AIPC 23.08 +0.60 402 +3598 84 99 A– 27.65 ShndCm SHEN 27.84 +1.70 145 +3296 80 92 B– 30.31 Balchem BCPC 24.71 +1.51 176 +2986 74 90 D+ 41.51 Innophos o IPHS 20.12 +2.61 448 +2498 90 92 C 79.69 AxsysTech AXYS 51.08 +4.35 346 +1698 89 95 B+ 38.24 ShandaInt o SNDA 30.75 +0.60 1,026 +13

MAKING MONEY RELEVANT FACTS,RULES & SKILLS

00 M O R E C O V E R A G E O N N E X T P A G E

00 I N T R A D A Y M A R K E T U P D A T E SA V A I L A B L E N I N E T I M E S A D A YA T I N V E S T O R S . C O M / M A R K E T S

T H E B I G P I C T U R E

SMARTSELECT® COMPOSITE RATING

EPS Rel Acc 52-Wk Stock Closing Vol Vol%6 Rnk Str Dis High NYSE Stock Symbol Price Chg (1000s) Chg

Main Indexes Surge In Higher VolumeAs GMAC Gets Government Financing

Tuesday’s action:Stocks jump in higher volumeCurrent outlook:Market in confirmed rallyDistribution days4 for Dow, 3 for S&P 500, 2 for Nasdaq, NYSE composite in past few weeksLeaders up in volume:AirgasARG Tower GroupTWGP

World Fuel ServicesINT

California Water ServiceCWT

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You Can Do It Too ...............................................................................

W

New Feature!You Can Do It Too

Check it out today in Section B.

ith hundreds of thousands of readers around the world, IBD has received

many great stories detailing personal investing successes. There are so

many interesting and inspirational stories, we decided to share them with fellow

readers in a new feature called: You Can Do It Too. Reading about the successes of

other subscribers is a great learning experience, and can provide valuable insight to

help you improve many areas of your own investing performance.

You Can Do It Too is a daily feature in Section B.

NYSE + Nasdaq Stocks On The MoveStocks with high volume vs. 50-day avg., reflecting heavy institutional action. 80 EPS & 80 RS or better are boldfaced.

SMARTSELECT® COMPOSITE RATING

EPS Rel Acc 52-Wk Stock Closing Vol Vol%6 Rnk Str Dis High Nasdaq Stock Symbol Price Chg (1000s) Chg

B2 WEDNESDAY, DECEMBER 31, 2008 HOW'S THE MARKET? INVESTORS.COM

Metal Products–Fastners 33%Pollution Contrl–Equip 10%Trucks & Parts–Heavy D 10%Finance–Mrtg&Rel Service 9%Computer Software–Medical 4%Utility–Gas Dstribution 4%Transportation–Airline 4%Insurance–Life 4%Comml Services–Schools 4%Telecom–Wirless Services 2%

1 1 2 197 Trnsprttin–Airlne 84 –27.5+1.02 15 34 158 ComptrSftwr–Mdcl 95 –19.5+2.13 24 19 173 Insurance–Brokers 85 –8.7+2.74 8 11 89 Banks–Northeast 88 –19.9+0.75 2 1 112 Comml Svcs–Schools 96 +5.1+2.66 5 8 106 Coml Svcs–Scrty 85 –27.9+2.67 6 25 121 Cmml Svcs–Cnsltng 91 –22.4+2.78 9 21 116 Banks–Southeast 82 –27.2+2.19 22 24 150 Insrnce–Prp/Cas/Titl 83 –28.0+3.0

10 3 7 164 Retail–Spr/Mini Mkts 87 –25.5+1.911 14 23 155 Banks–Wst/Sthwst 82 –36.7+2.312 21 26 126 Banks–Midwest 79 –29.3+2.013 16 16 156 Utility–Water Supply 85 –16.7+1.714 35 38 32 RetlWhsle Bldg Prds 91 –11.4+3.615 33 22 97 Retail/Whlsle–Food 86 –16.7+0.816 12 18 85 Mdcal–Outpnt/HmCr 96 –13.9+2.917 7 6 137 Medical–Genetics .. –21.0+2.018 26 54 140 Rtail/Whlsle–At/Prts 87 –23.2+3.919 17 30 86 Medical–Ethical Drgs 91 –22.0+1.320 18 3 49 Utility–Gas Dstribtn 84 –18.3+2.321 11 13 50 Medical–Biomed/Bth 90 –27.2 +2.222 13 12 107 Financ–Svings& Lo 87 –37.8 +0.723 27 33 53 Comml Svcs–Misc 89 –35.7 +3.524 43 52 152 InvstmntBrokers 81 –53.3 +4.325 4 10 73 Medical–GenercDrgs 94 –18.1 +2.326 30 27 91 Utility–Elctric Pwr 83 –29.5 +1.827 29 14 72 Food–MscPrparation 86 –21.0 +2.028 23 5 160 Soap &Clng Preparat .. –12.1 +2.529 20 4 23 Retail–Discnt&Vari .. +12.9 +2.030 52 57 109 Bvrages–Sft Drinks 85 –35.0 +2.131 10 42 37 Telecom–Wirlss Eqp 89 –35.6 +2.732 32 32 68 Medical–Products 85 –30.5 +1.733 19 15 18 Elec–Military Systems 87 –4.0 +4.234 40 131 129 Bldg–Cment/Cncrt .. –32.0 +1.635 28 17 141 Mdcal–Drg/Dvrsified .. –8.6 +1.836 38 36 66 Comml Svcs–Hlthcre .. –36.9 +1.837 34 20 111 Cosmetics/Persnl Cre 76 –28.6 +2.438 84 81 177 Mdical–HlthMnt Org 83 –50.0 +4.439 79 99 20 Pollutn Cntrl–Eqp 88 –30.4 +4.040 50 71 178 Retail–Restaurants 90 –42.3 +3.041 61 53 54 Rtail–Hme Frnshngs .. –26.1 +2.842 46 61 24 Bldg–A/C& Heating P 75 –18.1 +2.843 41 31 29 Pollution Cntrl–Svcs 90 –14.4 +3.044 42 39 131 Medical–Systems/Eqp 82 –43.0 +2.745 36 29 176 Tobacco 86 –22.6 +0.446 25 9 87 Fnanc–IdxTrckng Fd .. –32.9 +0.947 37 28 113 Fnce–Invsmnt Mgt 55 –43.5 +3.148 73 49 25 Leisr–Tys/Gms/Hbby 88 –16.8 +2.549 44 37 56 Food–Confectionery .. –2.3 +2.250 57 72 103 Bldg–Mntnance& S .. –22.9 +3.351 55 46 71 Mdical/Dntal–Srvcs 80 –38.8 +2.252 99 98 34 Food–MeatProducts .. –35.0 +4.053 47 51 169 Telecom–Services 83 –48.5 +0.854 48 106 58 MetalOres–Gld/Silvr 83 –32.5 –1.055 56 59 134 Mdcal–Nrsng Hmes 75 –47.0 +3.956 69 66 42 Containers 79 –30.4 +1.957 64 41 31 Cmpter–TechSrvcs 87 –26.2 +2.458 67 60 16 Transportation–Svcs 82 –18.1 +5.259 71 68 145 Aerospce/Dfnse Eqp 86 –45.5 +2.760 31 74 93 Food–Flour &Grain .. –19.6 +1.761 78 109 80 Telecom–Equipment 81 –45.5 +1.862 53 40 33 Trnsportation–Trck 78 –18.8 +4.963 39 63 117 Telecom–SrvcsFrgn 78 –38.9 +1.864 65 56 59 ComptrSftwr–Entr 86 –47.3 +3.065 58 89 99 Bldg–Rsidnt/Comml 50 –23.1 +2.066 83 78 130 ComptrSftwr–Scrity .. –44.6 +2.3

67 66 65 187 Househld–Applncs .. –36.4 +3.268 51 35 83 Fnancepbl Inv Fdbnd .. –30.3 +0.969 68 50 47 Beverages–Alcoholic 73 –21.8 +2.070 49 44 175 ComptrSftwr–Fincl 79 –41.5 +3.171 45 47 51 Retail–Mjr DscChns .. –29.7 +2.372 76 84 136 Telecom–Wirlss Svcs 82 –50.1 +2.273 80 79 67 Finance–Reit .. –40.9 +4.174 81 104 144 Internet–Content 85 –53.7 +2.475 87 159 60 Bldg–HeavyConstr 88 –39.3 +2.076 62 48 174 Compter–Netwrking 78 –49.0 +3.577 60 55 132 Mdcal–WhlsleDrg 81 –32.3 +3.078 74 85 108 Chemicals–Plastics .. –47.0 +4.979 63 43 52 DvrsifiedOprtions 77 –32.9 –0.580 70 75 188 Banks–SuprRgional 59 –46.2 +4.081 152 177 189 Leisre–Gamng/Equip 76 –67.4 +2.782 104 121 110 Insurance–Life 76 –40.8 +4.683 90 86 161 HsholdofficFurnitr .. –55.8 +3.284 92 119 46 Bldg–CnstrPrds/Msc 72 –38.4 +3.285 96 113 143 Bldg–Hand Tools 65 –34.2 +2.386 118 142 122 Insrnce–Acc& Heal .. –42.7 +6.387 135 143 124 Office Supplies Mfg .. –46.3 +2.788 88 62 27 Chemicals–Specialty 70 –41.4 +5.089 108 108 104 Cmml Svcs–Mrkt Rch 83 –38.4 +2.290 106 144 63 Media–Cble/StlliteTv 79 –48.5 +4.691 174 132 55 Telcom–FibrOptcs .. –59.8 +1.792 91 58 98 Trnsprt–AirFreight .. –40.2 +2.893 77 73 43 Fnancial Srvcs–Misc 77 –53.7 +3.494 86 69 133 Medical/Dntal–Sppls 72 –37.1 +3.095 54 45 148 Apparel–Shoes&Rel 80 –39.3 +2.696 95 96 147 Retail–DrugStores .. –9.9 +3.797 110 122 196 Consumer Prod–Misc .. –54.8 +4.398 85 91 154 Bldg–Wood Prds .. –38.2 +4.699 105 64 157 MetalPrds–Fstners .. –36.0 +1.8

100 72 77 64 Oil&Gas–Trnsprt/Pip 76 –50.9 +0.8101 89 90 65 Apprel–Clthing Mfg 65 –44.2 +4.0102 100 103 115 Cmptr–IntgrtdSyst 75 –45.7 +2.7103 134 136 48 CommlSvcs–Leasing 71 –42.7 +5.4104 129 114 94 Fincecnsmer/Cml Lns 79 –51.5 +6.6105 82 92 15 Oil&Gas–Intl Integra 80 –44.9 +2.2106 93 111 76 Media–Books .. –47.3 +2.0107 97 88 28 Elec–SmicondctrMfg 72 –53.7 +3.2108 94 82 127 Leisre–Mvies&Rel 43 –41.8 +3.1109 98 93 159 Aerospace/Defense .. –40.2 +3.5110 156 128 88 Paper& Paper Produc 55 –54.1 +4.0111 119 126 22 Chemicals–Basic 80 –39.6 +4.9112 175 149 128 Food–Dairy Products .. –38.1 +2.8113 121 110 138 Rtail Whlsle Offc Sup .. –34.6 +2.6114 101 129 119 Oil&Gas–Rfing/Mkt 73 –56.3 +2.0115 75 76 118 FuneralSvcs & Rel .. –40.3 +2.2116 102 80 9 Transportation–Rail 76 –19.7 +2.7117 107 105 193 Retail–LeisurePrds .. –60.1 +3.0118 159 175 184 Retail–CnsmrElec .. –54.4 +3.3119 115 146 61 Internet–Isp .. –46.6 +1.7120 111 102 182 Auto/Trck–RplcPrts .. –56.9 +3.2121 114 100 82 Comptr–Data Strge 75 –54.8 +3.2122 144 158 75 Internet–ECommerce 82 –49.9 +2.9123 128 125 146 Retail–Misc .. –61.4 +4.4124 148 163 163 Banks–Foreign 79 –55.3 +1.4125 125 94 139 Real Estate Oprtions 55 –40.9 +2.1126 112 115 35 Rtail–Clthing/Shoe 62 –47.8 +3.0127 132 101 101 Comml Svcs–Stffng .. –44.7 +4.0128 103 133 142 Elec–Misc Products .. –57.5 +2.7129 59 87 192 Bldg–Mbile/Mfg &Rv .. –59.5 +2.0130 146 134 41 Elctricl–Equipmnt 74 –49.6 +3.5131 157 166 172 Leisure–Services 55 –64.9 +2.9132 133 165 12 MetalProc &Fabrica 63 –49.2 +4.4

133 116 117 39 Agricultural Oprtions 68 –39.2 +2.1134 138 140 102 Finc–Pbl Inv Fd–Fn .. –52.5 +1.7135 160 116 185 Real Estate Devlpmt .. –59.6 +4.8136 113 137 149 Rtail/Whlslecmp/Cll .. –50.9 +2.2137 131 118 166 Office–Eqp& Autom .. –40.4 +4.1138 150 97 19 Oil&Gas–IntlExpl Pr .. –41.3 +2.5139 109 95 105 Comptr–PrphrlEqp .. –40.9 +3.6140 137 139 79 Financ–Pbl Inv Fdeqt .. –52.3 +1.7141 124 138 165 Media–Diversified 57 –56.1 +4.1142 155 135 70 Media–Periodicals .. –49.8 +1.3143 130 83 114 Elec–Scntific/Msrng 68 –44.7 +2.6144 143 156 11 Mchnry–GenIndstrl 66 –42.1 +3.0145 126 145 186 Leisure–Products 42 –57.3 +3.0146 141 153 78 Elec–SemicndctrEqp .. –58.2 +3.9147 140 123 180 AutoManufacturers .. –40.1 +2.5148 122 112 36 CompterSftwr–Dsgn 77 –46.7 +2.2149 151 141 95 Bldg–Paint& Allied 47 –38.6 +5.1150 149 150 21 Trnsprttion–Eqp Mfg .. –44.3 +3.2151 145 124 57 Cmptr Sftwr–Edu .. –60.4 +1.7152 161 127 167 Houshld–Cnsmer Elc .. –54.9 +5.1153 168 170 44 Machnry–Tools& Re .. –45.2 +4.6154 120 70 123 Internet–Software .. –51.3 +1.7155 154 151 96 Coml Svcs–Advrtsng .. –60.2 +3.2156 147 148 74 Intrnet–NtwrkSltns .. –51.4 +2.6157 180 168 26 Machinery–Farm 62 –57.5 +0.9158 136 130 171 Retail–Mail Order&Di .. –55.8 +3.7159 163 161 40 Elec–Cmpnent/Cntr .. –49.4 +3.3160 117 67 14 Oil&Gas–U S Royalty 78 –29.7 +1.9161 176 183 190 Leisure–Hotels& Mot .. –58.3 +1.5162 153 155 162 Banks–MoneyCntr .. –54.3 +3.6163 139 152 100 Comptr–Manufctrs .. –53.3 +0.4164 171 179 92 Elec–PrtsDistribtrs .. –51.3 +3.4165 158 147 135 ComptrSftwr–Dsktp .. –50.3 +3.6166 162 160 125 Comml Svcs–Prntng .. –56.4 +3.9167 127 107 69 Elec–ContractMfg .. –48.6 +3.3168 172 178 6 Chemicals–Fertilizers 81 –50.9 +1.6169 183 189 17 Mchinry–Cnstr/Mng .. –50.5 +2.0170 165 172 62 Oil&Gas–U S Intgrt .. –52.2 +2.4171 177 180 151 Insrnce–Divrsified .. –58.9 +5.9172 179 187 13 Oil&Gas–Cdn Intgrt .. –50.4 +1.4173 173 186 179 Retail–Dprtmnt Strs .. –58.3 +4.3174 170 162 191 Househld–Housewrs .. –59.0 +3.2175 178 167 90 Mchnry–MtlHdlg .. –53.0 +2.3176 191 194 183 Steel–SpcltyAlloys .. –71.4 +4.6177 166 164 30 Medcal–Hospitals .. –46.3 +4.6178 181 181 84 Trucks &Parts–Hvy D .. –63.1 +4.8179 169 174 38 Transportation–Ship 56 –56.3 +3.2180 182 192 45 MetalOres 62 –57.1 +1.5181 164 120 168 Media–Radio/Tv 34 –72.1 +2.8182 167 157 1 Oil&Gas–U S ExplPro 60 –46.4 +2.8183 184 176 153 Retail/Whlsle–Jwlry .. –61.6 +3.2184 192 184 195 Media–Newspapers .. –72.4 +2.8185 190 193 8 MetalPrds–Distribtr .. –52.8 +6.8186 193 195 3 Steel–Producers .. –58.0 +4.1187 186 173 7 Oil&Gas–Field Servic 56 –56.8 +3.6188 187 188 81 Auto/Trck–Orgnl Eqp .. –71.5 +4.0189 188 191 2 Energy–Other 50 –59.1 +2.3190 185 182 5 Oil&GascdnExpl Pro .. –46.6 +1.8191 123 154 194 Textile–Mill/Hsehold .. –77.8 –17192 142 169 120 Fnanc–Mrtg&RelSvc .. –81.7 +2.6193 194 190 10 Oil&Gas–Mchnry/Eq 53 –64.5 +2.5194 189 185 4 Oil&Gas–Drilling 51 –59.8 +1.8195 196 196 77 Auto/Trck–Tirs& M .. –71.5 +6.5196 195 171 181 Leisre–Phto Eqp/Rel .. –75.6 +2.6197 197 197 170 Mining–Gems .. –85.5 –2.7

0 0 0 0 S& P Midcap 400 Ind .. –38.9 +3.40 0 0 0 S& P 500 Index .. –39.3 +2.4

1. Biotechnlgy – 12%2. Consumestpl – 23%3. Gold – 23%4. Pharm – 23%5. Med Eq & Sys – 25%6. Const & Hse – 28%7. Transportatn – 29%8. Leisure – 30%9. Retailing – 30%10. Envrmt Svcs – 32%

–22.40% : – 2.91% Gold Index 82.37 – 1.01 –1.21%–24.83% –11.37% Defensive Index 986.45 +16.32 +1.68%–22.95% : –14.97% Senior Growth Index 433.80 + 9.13 +2.15%–31.68% –15.08% Dow Jones Utility 363.83 + 5.25 +1.46%–19.77% : –16.64% Consumer Index 657.87 +15.14 +2.35%–34.65% –20.11% Dow Jones Industrials 8668.39 +184.46 +2.17%–35.30% –20.47% U.S. Defense Index 598.73 +22.18 +3.85%:–29.13% –22.16% Medical/Healthcare 3226.92 +60.77 +1.92%–43.01% –23.15% Amex Composite 1373.27 +19.32 +1.43%–39.34% –23.53% S&P 500 890.64 +21.22 +2.44%–41.79% –24.73% N.Y.S.E. Composite 5670.00 +135.36 +2.45%–24.77% : –25.51% Dow Jones Trans 3438.64 +103.97 +3.12%–41.53% –25.87% Nasdaq OTC Comp 1550.70 +40.38 +2.67%–38.91% –26.42% High–Tech Index 293.33 + 8.45 +2.97%–33.99% –27.68% S&P 600 260.84 + 9.32 +3.71%:–38.87% –27.87% S&P Midcap 400 524.62 +17.18 +3.39%–39.28% –28.55% Value Line Index 1363.41 +44.34 +3.36%–36.98% –28.96% Russell 2000 482.77 +16.62 +3.57%–52.63% –32.05% Insurance Index 328.73 +15.56 +4.97%:–56.55% –34.49% IBD New America Index 175.22 + 5.25 +3.09%–60.72% –36.01% New Issues Index 240.71 + 5.98 +2.55%–54.76% –37.58% N.Y.S.E. Finance 3755.61 +115.00 +3.16%–47.53% –37.97% Bank Index 378.72 +16.91 +4.67%:

Today’s general market highlights:The Dow industrials, NYSE compositeand S&P 500 all jumped back above their50-day moving averages Tuesday. Thatline has provided resistance for severalmonths. Watch to see if the indexes can fi-nally move further above that level.

Groups Highest % OfStocks At New High

IBD’s 197 Industry Sub-Group RankingsRanked 1 to 197 on 6-month price performance. Day’s top 10 performers are boldfaced; worst 10 underlined.

Rank3 6 7 Subgroup%Chg Daily

This Wks Wks Mo Industry Comp. Since %Wk|Ago|Ago|Ago| Name |Rating |Jan1|Chg

Rank3 6 7 Subgroup%Chg Daily

This Wks Wks Mo Industry Comp. Since %Wk|Ago|Ago|Ago| Name |Rating |Jan1|Chg

Rank3 6 7 Subgroup%Chg Daily

This Wks Wks Mo Industry Comp. Since %Wk|Ago|Ago|Ago| Name |Rating |Jan1|Chg

Market Indexes list sorted by % gain in last 3 months. (: on left, top 4indexes since Jan. 1 on right, top 4 indexes yesterday.) .........................................................................................................................

Since 3 Month Yesterday’sJan 1 % Change Index Value Change % Change

Top 10 Fidelity IndustryFunds Since Jan. 1

INVESTOR'S BUSINESS DAILY SUCCESSFUL INVESTORS READ INVESTOR'S BUSINESS DAILY WEDNESDAY, DECEMBER 31, 2008 B3

1. MEDICAL99 98 99 A B–53.9 AlmstFam AFAM.44.95 +2.02 –35 269 23o99 98 86 A C+77.4 Celgene CELG 54.62 +2.14 –50 2.8m 37o

40 1 82 E D–66.9 AMAGPhrm AMAG 35.93 +2.36 –64 303 ..o76 76 53 B C 38.1 Abaxis ABAX 15.35 +.33 –66 113 27o

99 80 88 A B–61.1 AbbotLa 2.7 r ABT.53.16 +.99 –43 5.1m 16ò74 24 88 D B 20.1 Abiomed ABMD 15.23 +.22 –28 211 ..o87 53 92 C B–79.0 AbraxisBn ABII 66.02 –4.08 +42 18 76 ê58 2 83 E B 35.7 AcordaTh ACOR 20.37 +.94 +4 468 ..o32 74 12 D D+24.9 AdvMOpt EYE 6.28 +.36 –44 631 10o

90 86 61 B B 59.8 Aetna .1 r AET 29.36 +2.23 –22 4.5m 7o25 1 37 D E 23.3 Affymax AFFY 9.95 +.19 –67 13 .. ê40 49 27 B E 51.5 AirMethods AIRM 15.29 –.11 –6 178 10o

69 71 55 C D+19.5 AlbanyMlc AMRI 9.87 +.41 –53 87 20 ê82 83 40 A C+178 Alcon 2.9 ACL 86.45 +.35 –57 404 14o

96 74 88 D B–48.0 AlexionPhr ALXN.34.45 +.52 –71 326 99o

58 7 73 C B 17.1 Alkermes r ALKS 10.42 +.25 –53 542 45o

82 82 62 A E 70.4 Allergan .5 AGN 39.16 +1.17 –41 1.8m 16o86 59 83 D B–36.4 AlnylamPh ALNY 23.91 +.81 –72 119 99o

94 59 98 D B+38.1 Alphrma r ALO 36.94 ... –99 6 99 ê99 95 85 A D+68.0 Amedisys AMED.42.21 +1.52 –36 552 14o70 81 37 C B–18.4 AmMedSys AMMD 8.64 +.39 –48 485 13 ê94 69 95 B A–41.0 Amerigrp AGP 28.16 +.57 –40 519 10o

84 71 84 C B–48.6 AmeriBrg 1.1 r ABC 35.39 +1.12 –52 1.1m 12ò96 78 96 A B 66.5 Amgen AMGN.57.59 +.72 –59 4.2m 12ò52 37 53 E C 18.0 Amicusn FOLD 8.00 +.24+142 34 .. ê97 79 86 B B–29.8 AmsurgA r AMSG 23.18 +.79 –71 87 15 ê24 4 20 E C 37.5 Amylin AMLN 10.46 +.38 –45 1.9m ..o38 44 27 C D–76.9 Anlogic 1.5 r ALOG 27.00 +.21 –57 76 14 ê89 83 81 B E 20.87AngioDyn ANGO 12.50 +.33 –23 125 11k

56 3 82 E B–16.3 ArdeaBion RDEA 11.55 +.24 –82 6 .. ê44 66 3 A D–53.8 Arthrocare r ARTC 4.81 +.01 –44 394 3o

97 86 88 A D 49.9 AstraZen 4.7 AZN 40.28 +.22 –12 1.5m 8o

61 6 84 E B–42.8 Auxilium AUXL 27.72 +.54 –66 256 .. ê95 85 83 A D 101 BardCR .8 BCR 82.56 +1.02 –51 494 19o98 84 80 A D+71.5 BaxterI 2.0 r BAX 52.73 +.64 –40 2.7m 16ò65 63 48 B D 77.1 BeckCltr 1.5 r BEC 44.06 +1.52 –52 382 12o89 84 76 A C+93.2 BectDck 1.9 BDX 67.71 +2.04 –62 726 15ò78 71 70 B E 109 BioRadA BIO.71.85 +2.31 –65 76 17 ê98 81 91 B B 33.2 BioRefLabs r BRLI 27.15 +.55 –9 105 23 ê98 96 81 A C 73.6 BiognIdec BIIB.47.68 +1.14 –60 1.6m 13o69 74 38 C D+41.0 Biomarin BMRN 16.75 –.13 –51 816 64o

97 73 93 A A–27.6 BrstMySq 5.4 BMY 22.87 –.07 –19 15m 14x

22 48 8 E C+29.5 Brookda 16 r BKD 5.92 +.53 –47 519 .. ê48 46 53 C E 62.3 CardlHth 1.6 CAH 34.18 +1.09 –51 1.5m 9o86 69 94 .. B+35.9 CardioNetn BEAT.23.02 +.48 +96 354 76o

97 92 86 B B–35.3 CatalystH CHSI 24.12 +.33 –60 150 21 ê57 38 64 C D–17.6 CeleraGrp CRA 10.34 +.46 –27 445 99k

97 76 94 C A–28.5 Centene CNC 20.09 +.53 –61 188 12 ê98 86 95 A C 80.4 Cephalon CEPH 77.33 +.33 –58 825 18o

25 6 37 D D–33.4 Cepheid CPHD 10.58 +.38 –49 435 ..o53 78 24 B E 69.2 CharlsRvLb CRL.25.78 +.53 –69 473 8 ê76 99 30 A D–57.5 ChnMd 2.5 CMED 18.85 +1.39 –34 369 7o54 61 22 B C+57.0 CIGNA .2 r CI 16.49 +1.10 –62 2.7m 4o11 3 29 E E 23.3 ClincData CLDA 8.15 +.33 –6 74 .. ê37 56 24 C B 40.1 CommtyHlth CYH 14.22 +.89 –58 793 16 ê86 59 79 D B 20.4 Conceptus CPTS 14.98 +.53 –53 193 ..o80 67 80 C C 35.0 Conmed CNMD 23.08 +.55 –50 158 14 ê34 59 25 C E 41.7 CooperC .4 COO 16.47 +.66 –45 486 7o

58 3 87 .. B 40.0 CougarBn CGRB 26.06 +1.76 –14 76 .. ê71 87 34 A D 99 Covance CVD 45.28 +1.29 –46 915 14o37 36 20 B D+63.9 CoventryHt r CVH 14.80 +.85 –50 1.3m 4o

82 69 66 A C+57.0 Covidie 1.8 COV 35.31 +.75 –55 2.1m 13o

92 61 89 D B+20.1 Crucell CRXL 15.25 +.26+136 164 .. ê97 61 96 A C+28.7 CubistPhr CBST.23.78 +.06 –68 505 15ò92 74 91 E B 29.0 Cyberonics r CYBX 16.18 +.44 –61 150 55 ê61 84 22 A E 28.2 Cynosure CYNO 8.47 +.75 –55 95 4o

95 74 96 B B–53.0 Datascp .8 DSCP 52.29 +.09 –67 60 30 ê97 75 86 B B 60.2 DaVita r DVA 49.09 +.46 –29 823 14o

83 82 62 A B 47.1 Dentsup .7 r XRAY 27.56 +1.06 –51 1.3m 14o98 80 93 B C 67.0 EdwdLfSci r EW 54.78 +1.52 –56 281 23o99 97 99 A B 26.47EmergBio EBS.25.79 +2.41 +13 787 16o

24 2 28 D C+27.0 Emeritus ESC 10.11 +.34 +6 315 .. ê99 83 96 A A–28.5 EndoPhrm r ENDP 25.63 +.81 –5 1.3m 11o

96 90 98 B B 19.37EnsignG 1.1 ENSG 17.10 –.20 –31 104 13 ê35 8 30 D B–19.6 Eurandn EURX 7.73 –.87 +14 101 .. ê80 73 62 B D 31.7 Exactech EXAC 16.36 +.25 –61 30 18 ê92 95 77 C B 79.1 ExprsScrpt r ESRX.57.36 –1.07 –23 2.0m 19o

85 63 70 A C+42.8 ForestLabs FRX 25.20 +.80 –55 1.2m 7ò98 85 86 B A–59.1 FresenMd 1.4 FMS 47.36 +.81 –51 82 17 ê68 6 92 D C+20.2 GTxInc GTXI 16.57 +.15 –53 79 .. ê94 90 73 A D 64.7 GenProbe r GPRO 41.87 +1.90 –47 316 21 ê99 85 93 A B 99 Genentech r DNA 82.28 +.31 –53 1.8m 26ò77 46 85 D C 27.0 Genomic GHDX 18.89 –.03 –61 63 .. ê97 80 96 A C+41.77Genoptixn GXDX.33.59 +2.09 +2 283 20 ê99 92 98 C B 29.3 GntvaHlth GTIV 28.01 +.86 –18 227 19 ê99 85 82 A B 84.0 Genzyme GENZ.66.52 +1.12 –57 1.5m 17o99 90 94 A A–57.6 GileadSci GILD.51.33 +1.44 –36 6.5m 25ò89 67 76 A B–54.6 GlaxoSK 5.9 GSK 36.42 +.59 –33 1.3m 9o

97 59 98 B B+27.1 Grtbatch GB.25.85 +.56 +9 455 23o

95 84 88 B C 67.5 Haemonetic r HAE 56.15 +1.28 –56 165 24 ê92 68 93 C C+21.0 HangrOrth HGR 14.48 –.02 –8 255 17 ê26 31 18 B E 53.0 HealthNet HNT 11.00 +.51 –53 1.0m 4o

65 74 42 .. B–22.5 HlthSouth HLS 10.88 +.73 –51 528 ..o99 93 95 B B+22.97HlthSprg HS 19.50 +.18 +1 617 9o

61 92 27 B D–71.2 Healthwys HWAY 11.52 +.62 –22 285 7k72 83 53 B D+63.6 HenrySchn HSIC 36.21 +1.13 –56 485 12o50 72 35 C E 42.4 Hill–Rom 2.5 HRC 16.28 +.64 –32 578 11 ê75 88 34 A C+36.4 Hologic HOLX 12.42 +.64 –39 3.1m 10o79 78 54 A D 44.0 Hospira HSP 26.32 +.44 –41 754 11 ê83 71 76 B C 88.1 Humana r HUM 37.79 +2.72 –40 2.0m 8o94 64 95 C B+38.1 ICUMed ICUI.32.12 +.93 –63 48 22 ê74 72 63 D D 28.6 IPCn IPCM 15.25 +.33 –24 77 19 ê68 91 35 A E 44.8 IconPLC ICLR.18.73 +1.41 –25 587 15 ê69 74 41 D C+15.6 IderaPhm IDRA 7.66 +.15 –80 17 .. ê78 82 57 A D–63.6 Idexx Labs r IDXX 35.69 +1.77 –56 380 19ò76 64 54 A D 47.9 Illumina r ILMN 25.00 +.16 –56 1.1m 30o98 83 85 A B 35.0 Immucor BLUD.25.73 +1.34 –48 289 24ò27 2 30 .. B 26.7 Insuletn PODD 7.70 +.92 –60 143 .. ê92 83 74 B C+49.9 IntgLfSci IART 34.46 +.35 –34 156 21 ê44 20 57 E D 20.1 Intermune ITMN 10.33 +.60 –6 373 ..o75 97 26 A D 357 IntSurg ISRG 124.3 +4.33 –41 693 24o51 67 51 D D–26.6 Invacare .3 IVC 14.93 +.35 –60 128 11 ê66 69 41 B D 62.7 InvrnsMed IMA 19.63 +.78 –43 515 11o

87 78 80 B B–22.5 IRISIntl r IRIS 13.84 +.38 –78 39 30 ê70 24 83 C B 20.2 IsisPhrm ISIS 13.73 +.64 –38 587 99o

93 75 84 A C 72.8 JohnsnJn 3.1 JNJ 59.17 +1.02 –41 11m 13ò39 52 2 A E 29.0 KVPharmA KVA 2.67 +.32 0 868 1 ê86 98 36 B A–52.0 KendleInt KNDL.23.74 +1.18 –59 129 11 ê67 81 44 B E 38.2 KenseyNsh r KNSY 18.29 +.34 –53 88 13k18 30 27 E E 33.3 KindredHl KND 12.19 +.28 –69 160 8o

69 84 31 A E 54.8 KineticC r KCI 18.59 +.53 –48 645 4o

99 85 99 A B–36.87LHCGroup LHCG 34.63 +.73 –33 219 23o95 77 85 A B–80.8 Laboratory LH 64.09 +.58 –43 796 14o

19 60 13 .. E 39.3 LfSciR LSR 8.99 –.07 –26 54 4 ê84 88 40 A D–49.0 LifeTech LIFE 22.88 +.59 –58 1.4m 8o

54 76 67 D D–35.9 LifepntHos LPNT 22.12 +.72 –47 558 8o

95 74 78 A B 57.5 LillyE 4.9 LLY 39.67 +1.19 –28 4.7m 10o93 74 82 A B 35.6 LincareHld LNCR 26.40 +.60 –51 374 8o

87 65 90 C C 27.0 Luminex LMNX 20.60 +.08 –51 196 64 ê8 6 18 D E 20.6 MDSInc MDZ 5.75 +.37 +9 267 24 ê

83 92 59 B D 45.1 MWIVet MWIV 25.72 +1.12 –66 56 15 ê87 41 89 B B 48.1 MaglnHlth MGLN 38.89 +1.19 –49 217 16 ê95 77 89 C B–39.6 MartekBio MATK 29.98 +1.34 –10 410 27o94 80 82 A C 42.07Masimon MASI.29.02 +.54 –43 431 39 ê73 68 58 B B+68.4 McKessn 1.2 r MCK 38.52 +1.46 –65 1.1m 10o11 33 30 E E 27.0 Medcath MDTH 9.50 +.20 –7 154 13 ê98 90 87 C B+54.6 MedcoHlth MHS 42.86 +.04 –36 2.4m 20o34 20 55 C C 22.4 MedclActn MDCI 9.36 ... –37 44 16 ê75 68 57 B D–28.0 Medicines MDCO.14.20 +.38 –39 388 17 ê79 63 65 A C 27.0 MedicsPh 1.2 MRX 13.31 –.07 –14 848 8x45 1 83 .. D 34.4 Medivation MDVN 14.81 +.33 –37 161 ..o77 82 47 A D–57.0 Medtron 2.5 MDT 30.54 +.29 –26 7.1m 10x

82 37 96 B B–40.8 Mentor 2.6 MNT 30.96 +.05 –21 1.9m 23o71 43 72 B B–61.2 Merck 5.1 MRK 29.60 +1.30 –31 11m 8o97 91 80 A B–37.0 MeridBio 2.2 VIVO 25.21 +.73 –41 207 34k98 75 95 C A–21.4 MeritMed MMSI 17.35 +.24 –37 160 23 ê59 20 69 E B+20.9 MicrusEnd MEND 10.96 –.36 –53 38 .. ê

84 79 66 B D+76.9 Millipore MIL 50.93 +.79 –46 377 14o

77 98 35 A E 44.4 Mindray .9 MR.18.50 +.49 –43 794 17o

52 59 43 B E 40.0 MolinaHl MOH 17.20 –.29 –25 201 7 ê77 36 93 D A–20.0 Momenta MNTA 11.28 +.29 –68 93 .. ê99 74 98 A B–72.5 MyriadGn MYGN 65.91 +1.03 –73 329 44o91 70 91 C B+54.0 NtlHlt 2.0 NHC 48.21 +2.03 –70 9 17 ê82 93 40 B C+26.0 NatusMed BABY.11.74 +.31 –35 206 19o

95 86 86 B D–32.0 Neogen r NEOG 24.14 +.95 –61 46 28k

96 78 88 A C+61.3 Novartis 2.6 NVS 49.93 +.35 –53 946 13ò95 40 89 B A–14.6 NovenPhm NOVN 10.94 +.39 –54 102 15 ê97 89 83 A C+73.7 NovNrdk 1.3 r NVO 51.73 –.35 –27 195 19 ê90 74 75 C C+58.9 NuVasive NUVA.34.40 +1.65 –37 454 70 ê87 43 80 A B 53.7 OSIPharmac OSIP 38.26 +.22 –64 435 19o

55 74 36 D D–26.7 OSISystem OSIS 12.85 +.32 –55 63 14o

84 56 96 D A–32.8 Omnicare .3 r OCR 27.81 +1.02 –33 954 19o77 46 72 B B+30.3 Omnicell r OMCL 12.37 +.53 +24 390 15 ê95 50 98 A A–36.3 OmrixBio OMRI 24.99 –.03 –79 144 36o

95 74 84 C A–59.6 OnyxPhrm ONXX.33.49 +.69 –33 621 50o

49 44 39 C B–60.0 OrthofixIntl OFIX 15.35 +.55 –24 129 6 ê76 4 98 D B+21.7 Osiris OSIR 19.68 +.33 –22 133 ..o77 81 80 C D–51.4 OwensMin 2.1 OMI 37.64 –.36 –6 516 16 ê91 80 92 C B–21.7 PSSWorld r PSSI 18.61 +.53 –65 268 20ò83 78 61 A C+43.2 Pall 2.0 PLL 26.00 –.45 +10 1.2m 12 ê67 31 81 C B 16.2 PalmrMd PMTI 11.28 +.57 –42 83 21 ê54 17 80 D B–24.5 ParPharm PRX 13.06 +.67 –55 240 99o

59 90 14 B C+36.2 Parexel PRXL 8.85 +.33 –67 481 9k

50 70 41 B D 37.8 PattrCos r PDCO 18.24 +.45 –32 1.2m 10o

66 70 39 A E 72.5 PeditrxMed r PDX 32.50 +1.49 –43 289 10 ê98 80 83 A B 43.1 Perrigo .7 r PRGO.31.84 +.74 –56 568 19o

92 71 85 A B 24.2 Pfizer 7.2 PFE 17.75 +.46 –29 38m 7ò82 83 57 A C+49.4 PhrmPdt 1.8 r PPDI.28.00 +.32 –41 807 17o

32 1 68 E D 36.4 Pharmsstn VRUS 13.22 +.07 –68 52 .. ê77 74 76 C D–25.8 Pharmern PMC 15.14 +.15 –27 291 17 ê52 37 68 E C 19.3 Progenics r PGNX 9.29 +.19 –56 133 ..o96 97 70 B B–40.9 PsycSol PSYS.27.63 +.07 –47 526 14o

98 89 80 A B+23.5 QiagenNV QGEN 17.36 +.47 –68 336 23 ê91 74 93 B B 60.0 QstDiagn .8 DGX 51.79 +1.66 –38 962 16o90 86 66 B D+21.2 Quidel r QDEL 12.55 +.83 –13 262 19 ê80 45 85 D C+25.3 Regeneron REGN 17.65 +.13 –52 235 ..o76 48 82 D B+26.2 RehabCare RHB 15.22 +.21 –20 124 14 ê77 81 71 C D+25.7 ResCare RSCR 14.78 +1.26 +19 204 10 ê92 77 79 B D+53.0 Resmed RMD 36.36 +.97 –22 510 22o

19 3 17 D E 29.3 RigelPh RIGL 8.52 +.25 –69 199 ..o90 47 98 D B–NH RochstrMd ROCM 15.58 +.43 –35 40 74 ê83 77 86 .. B 49.0 SanofAvt 3.8 SNY 32.38 +.65 –31 1.3m 8o

7 5 11 E E 28.4 SavientPh SVNT 5.88 +.96+224 5.7m ..o98 91 85 A C 27.8 ScherPlg 1.5 SGP 17.04 +.49 –60 6.3m 10o

45 22 35 B D 30.6 Sepracor SEPR 10.73 +.23 –29 1.0m 8o

71 4 99 E B 29.1 Sequenm SQNM 19.95 +.59 –29 933 ..o99 91 79 A B+69.7 ShireLtd .6 SHPGY 43.88 +.28 –71 219 11 ê42 74 20 D D–34.1 SironaDen r SIRO 10.30 +.11+138 436 19 ê71 92 43 C D 17.2 SklldHcren SKH. 8.28 –.34 –16 126 8 ê72 73 38 A D+69.2 Smith&Ne 1.9 SNN 31.38 –.10 –40 105 11 ê92 91 76 A D–29.5 Somanetics r SMTS 16.31 +.46 –49 58 23k73 97 43 C D 39.2 SonoSite SONO 18.05 +.77 –65 91 28o95 89 70 A C+48.5 StJudeMed r STJ.32.40 +.95 –44 2.0m 14ò84 85 66 C C+38.9 Steris 1.4 r STE.23.17 +.88 –39 663 12 ê75 87 45 A E 76.3 Stryker 1.0 r SYK 39.41 +.06 –34 1.9m 14ò58 65 42 B D–18.8 SunHlthcr SUNH 8.63 +.41 +3 403 10 ê77 63 55 A B 55.7 Surmodics SRDX 25.87 +.28 +11 165 24ò52 72 25 C E 21.5 SymtryMed SMA 7.77 +.46 +49 407 19 ê44 40 37 B D–18.0 SyneronMd ELOS 7.91 +.18 –2 190 6o98 72 88 B B 25.0 Synovis r SYNO 17.41 +.81 –30 57 36 ê98 89 84 A D–82.9 Techne 1.6 TECH 63.17 +1.83 –23 217 22 ê98 79 85 A C 50.0 Teva 1.0 TEVA 42.13 +.62 –19 6.1m 15o98 90 99 B A–32.0 Thoratec THOR.31.65 +1.10 –36 965 56o90 81 61 C A 22.3 Triple–Sn GTS 12.08 +.65+433 556 6 ê88 76 73 B D 21.0 USPhyTh USPH 12.59 +.87 –37 44 14 ê70 68 47 B D–117 UtdThrp UTHR 61.45 +.72 –73 259 37o82 49 83 B A–59.0 UtdhlthG .1 UNH 27.04 +1.47 –41 5.9m 8ò50 72 53 C D+69.3 UnvHlthS .9 UHS 36.73 +1.03 –28 529 9 ê72 83 46 A C+44.9 VCAAnt WOOF 18.93 +.92 –54 478 12o87 74 83 D C 24.4 VNUSMed VNUS 16.22 +.22 –26 141 24 ê90 56 99 D B+23.3 ValeantPh r VRX 22.71 +.57 –21 989 99o80 87 53 A E 65.8 VarianMed r VAR.34.70 +.88 –51 908 13ò64 18 94 E C 35.0 VertxPhar VRTX 30.41 +1.66 –35 1.3m ..o98 71 98 A B–15.2 Virophrm VPHM 13.46 +.21 –19 1.0m 12o92 74 94 C C+19.5 Volcano VOLC.14.77 +.48 –65 159 64 ê95 94 84 A C+18.57WarnerCh WCRX 14.40 +.24 –24 775 10 ê87 73 86 C C 32.7 WatsonPhar WPI 25.87 +.75 –8 1.2m 13o71 98 14 A C 58.7 Wellcare WCG 12.88 +.58 –45 566 2o81 78 79 C B–90.0 WellPoint WLP 43.11 +2.65 –34 3.0m 7ò66 60 79 B E 52.0 WstPhm 1.6 WST 37.63 +1.73 –53 131 16 ê76 63 61 C C 33.3 WrightMed WMGI 19.84 +.30 –69 197 22 ê91 61 85 A B 49.8 Wyeth 3.2 WYE 37.09 +.65 –63 3.3m 10o35 23 32 B E 66.3 XenoPort XNPT 23.13 +1.53 –39 258 .. ê70 76 43 A D–80.9 Zimmer r ZMH 39.88 +.78 –58 1.1m 9o72 81 46 B D+38.2 ZollMed ZOLL 18.34 +.44 –60 90 16k

2. BUSINESS SVC90 83 78 C B 27.5 ABMInd 2.8 ABM 18.25 +.46 –19 242 16 ê30 42 30 C D+19.5 AMNHlt r AHS 8.28 +.20 –36 217 8 ê94 90 82 A B 43.07Accntur 1.5 ACN 32.43 +.58 –34 2.8m 11o87 67 72 B B–31.8 Adminstf 2.5 r ASF 21.04 +1.55 –3 252 11 ê51 46 38 B C+67.7 AdvsrBrd r ABCO 22.00 +.35 –53 72 14 ê91 71 86 C A–57.4 AffCmp ACS 45.22 +1.58 –36 593 12 ê76 84 49 A D–34.8 Amdocs DOX 18.30 +.02 –44 1.0m 7ò

84 72 67 A B–33.8 AmEcol 3.6 r ECOL 20.00 +.65 –48 97 17 ê33 67 21 B D+21.8 AmerRepro ARP 6.78 +.23 +16 358 4 ê98 77 98 C B–77.1 AmerSci 1.1 r ASEI.70.82 +1.89 –37 90 35o19 32 9 A E 51.5 Arbitron 3.4 ARB 11.87 +.25 –61 193 8 ê97 77 85 A B+46.0 AutoData 3.4 r ADP 39.13 +1.05 –37 2.8m 17o96 93 98 C C+43.3 BakerMichl BKR 37.10 +3.31 –28 66 10 ê53 43 70 C B–19.3 BarrettB 2.9 BBSI 10.87 +.01 –28 15 10 ê96 94 68 B C+41.1 Brinks 1.5 BCO.26.25 +1.18 –54 513 6o88 72 87 C C+54.0 CACIIntl r CAI 44.57 +1.88 0 427 15o26 41 32 D D+29.0 CDI 4.2 r CDI 12.33 +1.08 –46 91 8 ê69 54 77 C D–50.2 CRAIntl CRAI 27.00 +.77 +3 90 14k97 75 97 A A–20.2 CSGSystm CSGS 17.06 +.51 –56 254 7 ê84 65 79 C C+23.0 CalgnCarb CCC 14.46 +.22+109 1.7m 29o50 48 24 B D+28.4 ChckptSys CKP 9.72 +.16 +86 563 7 ê67 52 71 B D–34.5 Cintas 2.0 CTAS 22.87 +.98 –38 1.2m 10o94 87 90 B C+83.0 CleanH CLH 61.82 +.62 –63 144 23o26 68 14 B E 27.9 ClearCha CCO 5.78 +1.07 +11 607 9 ê89 96 52 A C 37.1 CognizntTc r CTSH 17.69 +.36 –35 3.3m 11o67 37 49 B B 38.9 Coinstar CSTR 19.04 +.42 –46 154 21 ê69 44 68 C A–15.6 ComDivHl 13 CODI 9.96 +.11 –34 87 .. ê81 75 71 C B–50.5 ComputrSci CSC 33.80 +.47 +25 2.1m 8o71 62 43 A B+33.2 ComScoren SCOR 12.19 –.15 –47 104 15o50 74 32 B B–61.6 ConsldGrph CGX 20.80 +.16 –32 132 4 ê46 29 67 D B–25.2 CnstantCn CTCT 12.84 +.24 –39 88 99 ê40 60 22 D D–17.0 Convergys CVG 6.26 +.27 –45 738 4 ê87 91 68 D B–28.5 CornellCos CRN 18.38 +.56 –3 106 17 ê55 70 38 A C 60.9 CorpExec 8.1 EXBD 21.62 +.40 –62 124 9o74 79 43 B D–29.7 CorrecCp CXW 15.78 +.28 –38 1.0m 13 ê77 57 65 B C 37.9 Corvel r CRVL 20.63 +1.70 –72 26 12 ê74 89 64 C D+61.2 CostarGrp CSGP 32.36 +1.70 –49 167 23 ê33 23 60 D B+34.8 Courier 5.3 r CRRC 15.94 +.13 –55 16 12k93 78 99 D B+20.0 CrawfordB CRDB 13.54 +1.00 –54 67 25 ê35 57 43 D D–17.3 CrssCtryHlt r CCRN 8.61 +.31 –53 123 10 ê66 67 39 A C+26.1 DGFast DGIT 11.87 ... +10 181 8o

49 88 29 B E 23.8 Daktrncs 1.0 DAKT 9.04 +.13 –52 233 11o42 77 27 B C+38.3 DonllyRR 7.7 RRD 13.48 +.78 –31 1.6m 4o87 84 79 A D 98.9 DunBrad 1.6 DNB 74.31 +1.70 –49 326 14 ê99 98 82 B B+27.67DynCorp DCP 15.22 +.55+132 507 12o95 96 82 B C+36.1 EMCOR EME.21.61 +1.19 –24 920 8o99 79 98 B D–38.6 EmergMedS EMS.36.99 +.79 –37 195 20 ê99 84 90 A B+38.8 Exponent r EXPO 30.30 +1.38 +8 109 20 ê83 72 50 B C+80.0 FTICnslt r FCN.43.71 –.01 –69 520 18o94 88 74 A B 68.0 FactsetR 1.7 r FDS 43.33 +1.68 –50 470 16o66 48 75 D C+23.4 FirstAdvn FADV 12.79 –.35 –75 25 11 ê75 73 66 B D+31.1 Firstservice FSRV 12.94 +.42+235 78 12 ê50 95 9 A D+59.4 FocusMed r FMCN 8.80 +.10 –38 3.2m 4o96 86 89 B B+36.3 ForrstrRes FORR 27.52 +1.02 –21 133 21 ê48 48 42 D D+40.9 G&KSvc 1.4 r GKSR 19.78 +.37 +12 140 8 ê90 94 80 B C 28.4 Gartner IT 17.20 +.46 –49 457 17 ê

B Y J O A N N E V O N A L R O T HINVESTOR'S BUSINESS DAILY

While much of Wall Street remainsmired in chaos as the year closes, re-gional banks are holding on.

As of Tuesday’s edition, the Banks-Northeast group ranked No. 5 of 197industries. Banks-Southeast, Banks-West/Southwest and Banks-Mid-west were all in the top 15.

But that could change. Analystswarn that regional banks will likelysee lower Q4 results because they’llhave to cover increasing loan losses.

Some banks will also have to takecharges to ward off future losses,Friedman Billings Ramsey analystPaul Miller said in a report.

Though Miller cut his estimateson eight banks, someare acting well.

In the Northeast group, for in-stance, Benjamin Franklin Ban-corpBFBC broke out of an erratic cupwith a deep handle Tuesday, clear-ing a 14.41 buy point.

In the Southeast group, PinnacleFinancial PartnersPNFP is trying toform the right side of a base after re-bounding off its 10-week moving av-erage.Home BancsharesHOMB is find-ing support at both its 10- and40-week lines.

In the Southwest group, First Fi-nancial BanksharesFFIN is movingnorth as it finds support atop the10-week. Former IBD 100 stockSouthside BancsharesSBSI recentlyregained both its 10- and 40-weeklines as it trades sideways.

In the Midwest group, UMB Fi-nancialUMBF is hovering between its10- and 40-week lines.

Most of the high-rated banks arethinly traded, however.

It’s possible the strong regionalswill continue to survive and eventhrive, depending on management,analysts say. But earnings releasesin the coming weeks could make forunpleasant surprises.

B Y A L A N R . E L L I O T TINVESTOR'S BUSINESS DAILY

Financial-sector stocks stepped intoboost markets late inthe day,driv-ing indexes to finish at the session’shighs.

The Nasdaq led throughout theday, ending 2.7% higher. The NYSEcomposite and S&P 500 each post-ed a 2.4% win, while the Dow indus-trials rose 2.2%.

Volume rose on both exchanges,compared with Monday’s light trad-ing action.

Axsys TechnologiesAXYS gappedup and jumped 4.35 to 51.08 inslightly above-average trading. Themaker of optical devices and camer-as, primarily for defense applica-tions, is attempting to turn the cor-ner after a three-week dive. Mor-gan Joseph upgraded shares to buyfrom hold.

California Water ServiceCWT ad-vanced 2.15 to 45.87, grabbing backMonday’s losses thatfollowed an an-alyst downgrade. Shares are enter-ing a third week of tight trading.

SyngentaSYT, a maker of crop-pro-tection products, rose 1.20 to 38.52.The stock climbed Monday inabove-average volume as well.

Marine and aircraft fuels distribu-tor World Fuel ServicesINT gained2.67 to 38.46. The company is onpace for its fourth-straight up week,and its Relative Strength line is at anew high.

AirgasARG expanded 2 to 39.68.The distributor of industrial andmedical gases is pressing higher in afourth week of gains, climbing upfrom a three-month correction.

Tower GroupTWGP popped 1.56 to26.06, breaking just above a 26.04buy point on a cup-with-handlebase started in September. Volumeswelled to twice its usual pace.

Northwest PipeNWPX reversed outof early losses and bolted 2.58 to43.39 on nearly seven times its aver-age volume. That marked a secondstraight day of big-volume gains forthe small-cap pipe maker.

IBD INDUSTRY THEMES NYSE & NASDAQ

B Y K E N H O O V E RINVESTOR'S BUSINESS DAILY

Medco Health SolutionsMHS is apharmacy benefits manager thatwas once part of MerckMRK. Thedrug giant spun it off in 2003, andMedco and its stock have done pret-ty well since.

PBMs, as they’re called, work tohold down the cost of prescriptiondrugs.

Medco’s clients include BlueCross and Blue Shield plans, man-aged care organizations, insurancecarriers, employers and others. It’snot a household name, but it claimsone-third of the Fortune 500 com-panies as clients and provides ser-vices for one in every five Ameri-cans.

It has a nationwide work force of20,000, including 2,400 pharma-cists and 500 nurses.

Its mail-order business generatedmore than $17.5 billion in 2007 netrevenues and is the largest pharma-cy operation in the U.S. It also pro-cessed 24 million prescription or-ders through its Web site.

Regardless of the economy, pa-tients need their drugs, so it’s a busi-ness that doesn’t particularly ridethe ups and downs of the businesscycle. Its industry is dominated by afew big players.

It has a five-year Earnings Stabili-ty Rating of 6 on a scale of 1 (calm) to99 (volatile). The stock is 21% off itshigh, about half the decline sufferedby major market indexes.

In the latest quarter, the companyearned 63 cents a share, a 43% in-crease from the year-ago quarter.Revenue was up 15%, which is bet-ter than the single-digit increases of2007.

Analysts tracked by Thomson Reu-tersforecast2008earnings at$2.32 ashare, a 27% rise from the prior year.In 2009, they see earnings of $2.73 ashare, an 18% rise. Several topgrowthmutual funds ownshares.

Medco LowersDrug ExpensesFor One In Five

38 16 64 B JP Morgan Chase 31.01 +1.23 28.50 –5670 50 86 C+ Wells Fargo & Co 28.80 +0.97 27.26 –6014 58 16 E Alcoa 10.69 +0.96 25.39 –492 71 85 B Pfizer 17.75 +0.46 37.73 –299 8 19 B– Bank of America 13.24 +0.30 70.75 –37

31 39 25 D– Dow Chemical 15.55 +0.23 32.57 +1104 23 12 D– Citigroup 6.80 +0.23 70.80 –681 6 8 E Sprint Corp 1.91 +0.16 30.32 –22

52 59 35 B– General Electric 15.82 +0.16 57.20 –519 8 21 B Ford Motor 2.29 +0.07 39.11 –60

19 20 Student Loan Corp STU 39.82 +5.42 –158 79 Iron Mountain IRM 22.49 +2.66 +20255 24 Principal Finl PFG 21.49 +2.47 –5060 31 Ameriprise Fincl AMP 21.91 +2.16 –4197 99 Emergnt Biosolutns EBS 25.79 +2.41 +1379 73 San Juan Basin Rylty SJT 29.75 +2.71 +24247 39 Bristow Group Inc BRS 24.57 +2.13 +2659 24 Affiliated Mgrs AMG 40.42 +3.23 –4287 90 Proassurance PRA 53.18 +4.23 +1285 73 Corporate Office Pty OFC 28.39 +2.21 –42

98 99 Almost Family Inc AFAM 44.95 +2.02 –3590 92 Stanley Inc SXE 34.32 +1.87 +1

Regional BanksHanging On AsHard Year Ends

Stocks In BasesEPS Rel Closing Net Vol%Rnk Str Stock Name Symbol Price Up Chg

THE LONG-TERM INVESTOR

Most Active Nasdaq StocksCmp EPS Rel Acc Closing Vol Vol%Rtg Rnk Str Dis Stock Name Price Change (mil) Chg

Most Active NYSE StocksCmp EPS Rel Acc Closing Vol Vol%Rtg Rnk Str Dis Stock Name Price Change (mil) Chg

NYSE Most % Up In PriceEPS Rel Closing Net Vol%Rnk Str Stock Name Symbol Price Up Chg

74 90 Innophos Holdings IPHS 20.12 +2.61 +2450 92 Old Point Finl Corp OPOF 19.46 +2.46 +6177 70 Forward Air FWRD 23.58 +2.17 +2340 57 Key Technology Inc KTEC 18.97 +1.66 –2251 70 Clayton Wil Egy CWEI 42.90 +3.71 –390 92 Axsys Tech AXYS 51.08 +4.35 +1674 26 Haynes Intl Inc HAYN 24.64 +2.06 –2757 65 Corvel Corp CRVL 20.63 +1.70 –7283 89 Old Dominion Frt Lns ODFL 27.03 +2.22 –2379 27 CME Group CME 200.2 +16.44 +23

IBD Composite RatingEarnings Per Share Growth RatingRelative Price Strength RatingSales+Profit Margins+Return On EquityAccumulation/Distribution (last 3 mos)

52-wk Dividend Close Vol% Vol PHigh Stock % Yield Symbl Price Chg Chg 1000 E6 6666

IBD Composite RatingEarnings Per Share Growth RatingRelative Price Strength RatingSales+Profit Margins+Return On EquityAccumulation/Distribution (last 3 mos)

52-wk Dividend Close Vol% Vol PHigh Stock % Yield Symbl Price Chg Chg 1000 E6 6666

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Nasdaq Most % Up In PriceEPS Rel Closing Net Vol%Rnk Str Stock Name Symbol Price Up Chg

Common stocks above $10 for Tuesday, December 30, 2008

Financials HelpStocks Log Gains;Volume Also Rises

2,500 Leading StocksNYSE + Nasdaq Research Tables

90 89 81 B– Comcast Cl A 16.46 +0.93 14.46 –4798 82 78 B+ Qualcomm 34.94 +0.84 11.90 –4996 88 81 B+ Oracle 17.83 +0.61 24.19 –49.. .. 57 C+ Powershars QQQ Tr 29.49 +0.60 75.22 –61

72 75 60 B+ Intel 14.69 +0.56 36.08 –5369 74 57 B– Microsoft 19.34 +0.38 42.73 –5380 79 57 B– Cisco 16.23 +0.22 29.87 –5479 98 23 C Research In Motion 38.77 –0.04 12.71 –5427 46 34 D– Dell Inc 10.23 –0.11 16.48 –3575 95 45 B– Apple Inc 86.29 –0.32 34.26 –21

No Stocks Just Out Of Bases

IBD Composite RatingEarnings Per Share Growth RatingRelative Price Strength RatingSales+Profit Margins+Return On EquityAccumulation/Distribution (last 3 mos)

52-wk Dividend Close Vol% Vol PHigh Stock % Yield Symbl Price Chg Chg 1000 E6 6666

IBD Composite RatingEarnings Per Share Growth RatingRelative Price Strength RatingSales+Profit Margins+Return On EquityAccumulation/Distribution (last 3 mos)

52-wk Dividend Close Vol% Vol PHigh Stock % Yield Symbl Price Chg Chg 1000 E6 6666

IBD Composite RatingEarnings Per Share Growth RatingRelative Price Strength RatingSales+Profit Margins+Return On EquityAccumulation/Distribution (last 3 mos)

52-wk Dividend Close Vol% Vol PHigh Stock % Yield Symbl Price Chg Chg 1000 E6 6666

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STOCKSOPTIONS

MUTUAL FUNDS IRAs

BONDSCDs

FIXED INCOMEETFs

B4 WEDNESDAY, DECEMBER 31, 2008 NYSE STOCKS IN THE NEWS INVESTORS.COM

GREATBATCH INC (GB) Group 32 o$25.8597 Comp. Rating 59 EPS RS 98 ROE 10% 22.2M SharesDEVELOPS ELECTRICAL AND POWER SOURCES FOR IMPLANTABLE MEDICALDEVICES SUCH AS PACEMAKERS AND NEUROSTIMULATORS.

+4% Ann. EPS Gro PE 23 Avg. Daily Vol 416,100 Debt 75%Last Qtr Eps +52%5 Prior Qtr -29%5 Last Qtr Sales +72%1 Qtrs EPS) 15%Eps Due 2/25R&D 14%

Acc/Dis B+Sup/Demand 84

EMERGENCY MEDICAL SVCS (EMS) Group 6 $36.9999 Comp. Rating 79 EPS RS 98 ROE 15% 9.3M SharesPROVIDES AMBULANCE, OUTSOURCED EMERGENCY DEPARTMENT STAFFING,AND MANAGEMENT SERVICES THROUGHOUT THE U.S.

+60% Ann. EPS Gro PE 21 Avg. Daily Vol 307,600 Debt 106%Last Qtr Eps +94%5 Prior Qtr +23%5 Last Qtr Sales +28%2 Qtrs EPS) 15%Eps Due 2/12

Acc/Dis D-Sup/Demand 57

SOUTH JERSEY INDUSTRIES (SJI) Group 20 $39.1699 Comp. Rating 86 EPS RS 95 ROE 13% 29.4M SharesHOLDING COMPANY ENGAGED IN THE DISTRIBUTION OF NATURAL GAS TO335,663 CUSTOMERS IN SOUTHERN NEW JERSEY.

+22% Ann. EPS Gro PE 17 Avg. Daily Vol 239,500 Debt 74%Last Qtr Eps +180%5 Prior Qtr +24%5 Last Qtr Sales +35%2 Qtrs EPS) 15%Eps Due 2/28

Acc/Dis A-Sup/Demand 59

MCDONALDS CORP (MCD) Group 40 o$61.7497 Comp. Rating 90 EPS RS 94 ROE 23% 1103M SharesOPERATES 6,690 AND FRANCHISES/LICENSES 24,799 MCDONALD'S FASTFOOD RESTAURANTS WORLDWIDE.

+23% Ann. EPS Gro PE 17 Avg. D. Vol 11,743,800 Debt 48%Last Qtr Eps +27%6 Prior Qtr +31%5 Last Qtr Sales +6%11 Qtrs EPS) 15%Eps Due 1/28

Acc/Dis BSup/Demand 68

IBD Composite RatingEarnings Per Share Growth RatingRelative Price Strength RatingSales+Profit Margins+Return On EquityAccumulation/Distribution (last 3 mos)

52-wk Dividend Close Vol% Vol PHigh Stock % Yield Symbl Price Chg Chg 1000 E6 6666

IBD Composite RatingEarnings Per Share Growth RatingRelative Price Strength RatingSales+Profit Margins+Return On EquityAccumulation/Distribution (last 3 mos)

52-wk Dividend Close Vol% Vol PHigh Stock % Yield Symbl Price Chg Chg 1000 E6 6666

IBD Composite RatingEarnings Per Share Growth RatingRelative Price Strength RatingSales+Profit Margins+Return On EquityAccumulation/Distribution (last 3 mos)

52-wk Dividend Close Vol% Vol PHigh Stock % Yield Symbl Price Chg Chg 1000 E6 6666

90 89 66 C B 29.5 GeoGroup GEO 17.40 +.30 –38 472 16 ê44 8 76 C E 37.4 GeoEye GEOY 18.49 +.80 +18 412 56o

99 91 97 A A 37.1 HMSHld HMSY 31.06 +1.26 –35 223 45 ê82 58 81 C B+25.3 HlthcrSv 4.1 HCSG 15.71 +.58 –37 173 25 ê55 71 54 B C+38.0 HeidrkS 2.6 r HSII 20.38 +.58 –44 125 8o

83 45 65 B B+43.0 HewittAs HEW 27.44 +.41 –24 617 13o

98 65 94 B B+83.4 HuronCon HURN 57.10 +1.66 –44 175 26o

80 8 97 B B 28.2 ICFIntl ICFI 23.94 +.57 +16 162 11 ê75 87 51 A D–71.6 IHSIncA IHS 35.99 +.03 –17 292 19k

80 74 62 A D+25.5 IMSHlth .8 RX 14.79 +.19 –42 1.1m 9o

87 89 52 A B–50.1 Infosys 1.3 INFY 24.45 +.52 –59 1.2m 11ò42 74 30 E D 22.3 IntegElec IESC 8.60 –.27 –61 21 22 ê89 72 83 B B+33.4 IntrDat 3.3 IDC 23.90 +.62 –58 103 17 ê88 87 65 A B–130 IBM 2.4 r IBM 83.55 +2.30 –46 5.7m 9ò57 70 28 B C 35.9 inVentiv VTIV 11.08 +.23 –28 242 7o

76 58 79 C D–37.5 IronMountn IRM 22.49 +2.66+202 3.7m 31o

41 41 51 D B 23.2 KellySv 4.3 KELYA 12.44 +.34 –32 167 10k

55 59 49 B B 20.5 KornFerry KFY 11.06 +.49 –39 266 7 ê49 45 23 D C 18.8 L–1Ident ID 6.32 +.27 –57 436 99o

13 34 15 D B–48.5 LamarAd LAMR 12.30 +.16 –46 991 55o

96 67 97 A B+73.5 Landauer 2.9 LDR 71.82 +1.77 –26 58 29 ê73 63 61 E A–18.0 MYRGrp MYRG 10.00 ... –26 121 58 ê25 50 3 D E 40.6 MacquarI 25 MIC 3.08 +.22 +17 926 ..o59 83 52 B D–70.7 Manpwr 2.3 MAN 32.71 +.94 –43 540 6o

97 89 94 B B–62.17Mantech MANT 53.44 +2.54 +3 458 21o

96 61 88 B B+39.8 Maximus 1.4 MMS 34.90 +.54 –32 182 12 ê76 77 41 B C+52.7 MineSfAp 4.1 MSA 23.59 +.57 +29 315 11 ê42 44 40 B D+46.4 Moodys 2.0 MCO 20.07 +.23 –14 3.2m 9o

73 91 37 A D+79.3 Morngstr MORN.34.76 +1.25 –51 166 18 ê57 66 48 B D+27.8 MultiCo 1.3 LABL 14.98 +1.00 –55 27 13k

98 89 98 B B+30.37NCIInc NCIT 29.04 –.21 –24 71 25 ê85 74 82 C D+22.8 NavigCons NCI 15.56 +.49 –17 578 17 ê57 80 48 B D–50.2 Omnicom 2.3 OMC 26.32 +.84 –47 1.9m 8o

86 68 70 A C+37.5 Paychx 4.8 PAYX 25.79 +1.07 –50 2.2m 16o

86 81 79 C B 18.8 PerotSysA r PER 13.15 +.47 –30 453 14 ê95 89 78 A C+57.5 PrePdLegl PPD 36.63 +.96 +33 96 7 ê88 77 74 B B+36.5 RepbSvc 3.2 r RSG 23.73 +.51 –41 1.9m 13x

87 79 71 B C+25.3 ResConn RECN 15.64 +.35 –52 209 11ò71 76 74 B D 28.7 RobrtHlf 2.2 r RHI 20.00 +.86 –29 1.5m 10o

96 75 91 B B 22.5 Rollins 1.4 ROL 17.67 +1.12 –44 182 25k

92 71 90 B D–21.9 SAIC SAI 19.33 +.32 –45 1.3m 18o

88 47 98 C A–32.0 SIIntl r SINT 31.92 ... +33 293 25 ê63 59 57 C C+30.4 SRAIntl SRX 16.23 +.68 –64 242 13o

71 95 23 A C+29.8 SatyamC 1.3 SAY 8.75 +.34 –32 2.5m 6ò36 16 75 D B–18.6 Schawk 1.1 r SGK 11.45 +.30 –45 61 16 ê93 86 81 B D 24.97StandrdPk r STAN 18.18 +.54 –29 48 17 ê99 90 92 B B–39.07Stanley SXE.34.32 +1.87 +1 178 25 ê99 93 83 A A+40.3 Stantec STN 23.89 –1.23 +95 115 13 ê97 87 87 A C 66.2 Stericycle SRCL 51.58 +.57 –43 842 31o

99 98 90 B B+22.6 SykesEnt SYKE.19.00 +.27 –21 299 12 ê93 87 74 A D–39.7 Syntel 1.1 SYNT 22.82 +.39 +24 283 12o

95 95 71 A C+40.5 Team TISI.26.47 +.82 –31 132 20k

70 93 27 B B–26.9 TeleTech TTEC 7.67 –.06 –53 238 6o

96 61 93 B B 30.2 TetraTech TTEK 22.90 +1.11 –24 528 22 ê72 31 81 B C 201 ThReut 7.7 r TRIN 136.2 +1.12 –70 18 12 ê48 52 49 C B–17.5 TrueBlue TBI 9.05 +.33 –44 235 7o

92 91 76 B D+18.5 TylerTech r TYL 11.53 +.15 –16 312 20 ê84 80 60 B B–50.5 Unifirst .5 UNF 28.68 +1.16 –55 48 9k

99 99 97 A B+50.2 VSE .5 VSEC 38.99 +1.77 –18 34 10 ê74 74 78 C C 39.5 Viad .6 VVI 24.78 +.43 +11 164 11 ê48 74 21 A D+25.6 VsnChinan r VISN 5.05 –.20 +31 745 9 ê68 98 34 A C+43.6 VistaPrt r VPRT 17.53 +1.07 –37 585 13ò63 81 21 B E 20.0 WNSHldgs WNS 5.29 –.36+187 157 5 ê70 87 44 B B+65.1 WPPPlc 4.4 WPPGY 29.03 +.73 –41 133 5 ê87 69 87 B C 40.7 WstCnn WCN 30.08 +1.52 –38 728 19 ê90 80 90 B B–39.3 WsteMg 3.3 WMI 32.44 +1.61 –12 3.8m 14o

97 83 86 B B 62.0 WtsWy .6 r WW 46.88 +1.64 –31 318 13 ê

3. RETAIL95 77 96 B B 30.2 AaronRnt .2 RNT 26.10 +.13 –2 735 18o

27 55 20 B E 82.1 AberFitc 3.2 ANF 22.21 +.60 –55 1.9m 4o

67 94 37 A E 37.4 Aeropostl ARO.16.31 +.70 –55 1.3m 7o

41 48 39 B B–23.8 AEagleO 4.4 r AEO 9.13 +.02 +4 5.1m 6o

20 52 7 C C 29.2 AnnTaylor ANN 5.30 +.30 –26 1.6m 4o

85 74 61 B B–32.2 ApldInd 3.1 r AIT 19.16 +.73 –56 164 8k

87 82 84 C B–44.3 BJsWhlsl BJ 33.21 +.65 –51 995 15o

17 35 30 D D–35.2 BarnsNo 7.2 BKS 13.95 +.55 –38 603 8o

96 90 97 C D 18.77BeaconRfg BECN 13.80 +.98 –40 512 15 ê78 42 79 B B 34.7 BedBath BBBY 25.34 +.91 –53 2.9m 13ò60 46 55 B B–53.0 BestBuy 2.0 BBY 27.75 +1.41 –50 5.0m 9o

60 82 44 C E 35.3 BigLots BIG 14.16 +.51 +38 3.9m 7o

64 46 63 C B–34.7 BobEvn 3.2 r BOBE 19.93 +.42 –41 251 10 ê39 27 33 C B–23.9 Brinker 4.5 EAT 9.86 +.14 +60 3.9m 7ò28 29 32 D B 18.4 BrwShoe 3.5 r BWS 7.97 +.52 –42 404 7 ê87 94 62 A B–44.6 Buckle 3.8 r BKE 21.17 +.78 –58 492 9 ê96 88 78 A B–45.0 BffWldWg BWLD.24.47 +1.57 –40 348 19o

97 89 83 A C+31.07BurgerK 1.1 BKC 22.82 +.75 –59 785 16o

86 74 73 B B 39.5 CECEntrtn CEC 23.45 +.98 –39 268 10o

79 86 70 A D–44.3 CVSCare 1.0 r CVS 28.33 +1.10 –33 8.3m 12o

67 50 69 C C 16.9 CalPizzaK r CPKI 9.92 +.51 –47 169 13 ê91 66 75 B C+31.1 Caseys 1.4 CASY 21.68 +.36 –48 438 13o

66 27 85 C A+19.4 CatoCp 4.5 CTR 14.62 +.82 –37 127 15 ê

55 35 36 C A 24.1 Cheescake r CAKE 9.49 +.46 –59 749 10o

58 84 60 C D–43.4 ChldrnsPl PLCE 21.01 +1.16 –73 261 9o

95 87 71 A A–155 Chipotle CMG 60.59 +3.25 +8 511 25o

96 87 76 A B+127 ChipotleBn CMGB 54.37 +1.37 –18 146 22 ê59 64 73 C D+28.1 CitiTrnds CTRN 13.98 +.13 –50 102 12o

59 72 59 B C 21.0 CollectBr PSS 10.42 +.56 –33 1.0m 7o

91 91 62 C B–50.5 CmpnBras 1.0 CBD 26.97 +1.23 –45 239 12 ê26 53 24 C E 25.3 Conns CONN 7.52 +.56 +70 251 4o

70 36 73 D B–30.7 CoreMark r CORE 20.89 +.20 –46 30 14 ê75 69 69 B B–75.2 Costco 1.3 r COST 51.13 +.30 –65 2.3m 17o

65 48 63 B C+38.9 CBRL 4.0 r CBRL 19.84 +.53 –39 385 7o

71 62 81 C B+20.7 DSWInc DSW 11.86 +.34 –34 249 14o

95 62 88 A A 37.8 DardnRst 2.9 DRI 28.02 +.50 –25 2.2m 10o

54 60 44 B C+33.9 DcksSpt DKS 13.04 +.57 –53 1.4m 10o

34 14 23 B C 55.8 DineEqu 9 DIN 10.93 +1.17 –67 132 10o

92 71 93 C B 36.5 Dist&Svc 3.2 DYS 24.13 +.08 +35 109 24 ê98 82 98 B B 44.1 DollarTree DLTR.40.83 +.13 –45 1.4m 16o

68 65 66 C A–17.9 DressBarn DBRN 10.37 +.15 –50 463 9o

89 72 87 C B 89.1 EstaDlh 2.7 DEG 62.99 +.40 –77 10 9 ê32 21 34 C C+33.4 EthanAl 6.9 ETH 14.50 +.57 –37 399 7k

94 75 97 B C 32.5 FamlyDlr 2.0 FDO 25.51 +1.05 –51 2.0m 15ò94 91 66 A E 56.5 Fastenl 1.6 r FAST 33.56 +1.22 –45 1.4m 17ò15 43 36 E E 18.2 FootLckr 7.9 FL 7.57 +.18 –37 2.1m 11o

59 86 34 A C+43.6 Fossil r FOSL 16.50 +1.03 –59 402 7o

73 76 82 D B–15.9 Freds .8 FRED 10.27 +.50 –45 327 16o

63 94 33 A D 63.0 GameStpA GME 22.14 +.19 –49 1.6m 9o

56 74 61 C D–21.9 Gap 2.6 r GPS 13.16 +.16 –61 3.9m 9o

59 74 40 C A 38.7 Genesco r GCO 16.91 +.83 –61 242 9 ê98 90 86 A B 94.0 Graingr 2.1 r GWW 77.49 +2.76 –49 651 12ò99 94 93 A B 44.8 GreenMtCf GMCR.38.90 +.52 –34 326 39o

61 93 20 A C+45.2 Guess 2.7 r GES.15.09 +.58 –53 871 6o

74 90 57 A D 47.7 Gymboree GYMB 24.51 +.60 –51 458 7o

14 9 33 D B–16.5 HSNInc HSNI 6.86 +.43 –40 513 .. ê48 12 84 E D+13.7 HavertyFurn HVT 9.41 +.49 –32 121 .. ê67 70 73 B D–25.8 Hibbett HIBB 15.18 +.47 –6 565 15o

75 33 84 C B–31.1 HomeDp 3.9 HD 23.11 –.25 –35 15m 11o

80 61 62 B C+27.3 InglMkt 3.9 IMKTA 17.01 +.40 –55 34 7 ê62 59 72 D B+20.0 IngramMicro IM 13.06 +.26 –19 1.3m 7 ê31 47 26 C B–20.4 InsightEnt NSIT 6.61 +.60 +29 575 4 ê58 62 40 C C+22.3 Interline IBI 9.94 +.46 –24 168 6 ê36 58 13 B B–50.4 JCrew JCG 11.56 +.35 –58 794 7o

94 76 86 B A+30.4 JackInBox JACK 21.50 +.62 –58 341 10o

40 43 70 D E 27.0 JoAnnStrs JAS 13.81 +.94 –26 276 12 ê92 87 84 A B+41.7 JosABkCl JOSB 24.76 –.28 –49 273 8o

58 55 71 B B–56.0 Kohls KSS 34.80 +1.04 –46 3.7m 11o

92 63 89 B D+31.0 Kroger 1.4 r KR 26.04 +.63 –51 4.3m 13o

46 65 37 C B–22.2 LimitdBr 6.1 r LTD 9.90 +.40 –59 2.5m 7o

86 47 87 B B+28.5 Lowes 1.6 LOW 21.52 +.27 –59 7.0m 12o

55 94 9 A C 49.3 Lululemngn LULU. 7.47 +.18 –50 375 11o

98 93 89 A B–18.17LumberLn LL.10.91 +.80 –22 204 15 ê68 75 63 A D–32.0 Luxotti 3.1 LUX 17.95 –.03 –29 186 11o

92 86 77 A D 54.6 MSCInds 2.3 r MSM 35.30 +1.62 –45 338 11ò22 48 26 D B–28.5 Macys 5.6 M 9.41 +.52 –52 6.8m 5o

97 90 94 A B 67.0 McDonal 3.2 MCD.61.74 +1.36 –51 5.7m 17o

40 34 46 C B 28.3 MnsWh 2.1 MW 13.03 +.07 –48 608 8o

87 62 96 D C+47.6 NashFch 1.6 NAFC 44.36 +1.78 –29 144 14 ê18 54 18 B E 40.6 Nordsrm 5.2 JWN 12.29 +.79 –43 4.3m 5o

87 77 79 B C+33.0 PFChangs PFCB 20.30 +.61 –25 370 13o

97 91 96 A C+65.0 PaneraBrd PNRA.50.22 +1.05 –47 511 23o

90 58 96 B D+31.1 Pantry PTRY 20.21 +1.03 –46 294 11 ê81 85 60 B C+30.7 PapaJohns PZZA 17.81 +.46 –59 122 16o

91 73 86 C B 29.8 PeetsCof PEET 23.25 +.71 –33 97 31 ê21 41 31 C D 51.4 Penney 4.3 JCP 18.69 +.85 –27 4.3m 5o

97 92 98 A B 19.0 PetMed r PETS.18.00 +1.27 –33 475 19ò77 65 72 A B 28.9 Petsmrt .7 PETM 17.98 +.69 –64 1.1m 11o

67 57 79 C B+29.0 Pool 3.0 POOL 17.11 +.77 –40 323 13o

97 74 90 A A 33.6 PricSmrt 1.6 PSMT 20.60 +1.52 –56 67 16k

63 58 65 B C 19.9 RadioShk 2.2 RSH 11.48 +.12 –46 1.9m 6o

65 71 35 B B–43.6 RedRobin r RRGB 15.94 +.79 –61 160 7 ê25 41 29 D D+32.0 Regis 1.2 RGS 13.48 +.78 –38 430 7k

80 63 83 C B–26.0 RentACtr RCII 16.86 +.64 –63 495 8o

85 73 82 B B–30.5 RitchieB 1.7 RBA 21.75 +1.25 –45 441 27 ê87 84 85 B C 41.6 RossSts 1.3 r ROST 29.52 +1.03 –61 1.0m 12o

86 76 72 C C+39.8 Ruddick 1.8 RDK 27.17 +1.25 –41 261 13 ê82 54 80 C B 35.8 Safeway 1.4 r SWY 23.29 +.99 –49 2.5m 11o

51 63 46 C B–38.2 Scansrce SCSC 18.28 +.72 –36 129 9k

33 42 41 D C+35.5 SchoolSpec r SCHS 18.14 +.44 +23 264 8 ê18 34 20 E C+114 SearsHldgs r SHLD 37.45 +1.67 –38 1.0m 18o

94 68 94 A B 65.0 ShrwnW 2.4 SHW 58.61 +2.38 –41 1.2m 12o

40 47 55 D C+18.5 ShoeCrnvl SCVL 9.50 +.04 –43 38 12 ê3 30 15 C E 31.6 SignetJ 2.3 SIG 8.34 –.10 –64 120 4 ê

76 62 58 A B 23.3 Sonic SONC 11.66 +.29 –17 697 11ò22 41 14 B C+41.5 Sothebys 7.1 BID 8.46 +.43 –12 1.6m 4o

97 84 90 B C+28.2 SprtnStr .9 SPTN 23.10 –.05 –36 204 14 ê37 51 34 D B+18.0 StageSt 2.7 SSI 7.34 +.40 –4 418 8 ê82 66 70 A B–26.6 Staples 1.9 SPLS 17.71 +.41 –45 5.4m 12o

51 37 39 B C+21.0 Starbucks SBUX 9.36 +.33 –55 6.4m 13o

47 50 30 D B–38.0 Suprvalu 5.1 r SVU 13.53 +.85 +2 2.9m 4ò87 54 84 B C+28.5 Susser SUSS 12.94 +.28 –54 19 20 ê60 85 32 C D 27.3 Synnex SNX 11.30 +.53 +13 277 4k

81 68 69 B C+35.0 Sysco 4.2 r SYY 22.69 +.17 –31 3.4m 12x

66 64 60 B B–21.0 Systemax r SYX 10.72 +.08 –51 85 6o

63 71 51 A C+37.5 TJXCos 2.2 r TJX 20.04 +.30 –59 3.0m 9o

2 3 4 E D–18.0 Talbots 22 TLB 2.35 +.25 –58 326 ..o59 58 56 B C 59.6 Target 1.9 TGT 33.55 +1.16 –58 6.2m 10o

19 25 34 D D–38.1 TechData r TECD 17.19 +.04 –48 360 7o

62 83 41 A B 50.0 Tiffany 3.0 r TIF 23.03 +1.53 –22 2.7m 8o

93 80 84 A C+38.07THortons 1.0 THI 27.87 +.66 –40 517 17o

95 99 71 A D–34.5 TitanMchn TITN 14.33 +.84 –5 278 12o

97 81 86 B C+47.5 TractorSupl TSCO 33.86 +.67 –30 642 13o

75 94 45 B C+17.5 UltaSalon ULTA 8.06 +.36+203 735 17 ê77 60 67 C C 31.9 UnitdNaturl UNFI 17.08 +.11 +58 906 15 ê70 80 63 C C+60.3 UtdStnr r USTR 32.18 +.95 –46 149 7 ê60 93 27 A E 38.4 UrbanOutfit URBN.14.60 +.44 –52 2.7m 11o

91 79 91 B B–63.9 WalMrt 1.7 WMT 55.05 –.06 –45 14m 16o

67 63 61 B C+39.0 Walgrn 1.9 WAG 23.94 +.29 –27 5.9m 11o

76 23 84 D B+40.5 WeisMkt 3.6 WMK 32.48 +.85 0 66 22 ê26 24 16 C D 42.5 WholeFd WFMI 9.35 +.31 –13 3.3m 9o

25 30 18 C C 29.8 WilSon 6.3 r WSM 7.56 +.36 –23 1.9m 6o

65 8 91 D B 19.4 WinnDix WINN 15.49 +.70 –40 264 70o

97 80 83 A B+41.7 YumBrd 2.5 r YUM 30.91 +1.00 –40 2.8m 16o

1 1 3 E E 42.2 Zale r ZLC 3.13 –.10 –35 704 ..o38 60 23 B C+27.0 Zumiez ZUMZ 7.52 +.38 –50 191 9o

4. COMP SFTWR86 74 79 D B 23.2 ACIWwde ACIW 15.32 +.05 +41 474 85 ê33 32 39 B E 19.3 ActivsnBlz ATVI 8.54 –.01 –19 9.4m 15o

53 86 34 A D–46.4 AdobeSys ADBE 21.05 +.53 –45 4.8m 10o

53 76 30 B E 55.3 AdvntSftw r ADVS 19.61 +.46 –46 213 25o

26 35 19 B E 26.6 AladdinKno ALDN 6.29 +.04 –6 44 7k

99 87 99 B B 10.1 AllscrptsM MDRX 9.84 +.26 +10 1.3m 19o

86 97 64 A C+49.9 Ansys ANSS.28.38 +.73 –44 581 16o

99 82 97 A B+37.97Athenahltn ATHN 36.80 +.85 –32 294 87o

60 88 34 A D 50.6 Autodesk ADSK 18.97 +.54 –38 2.6m 8o

95 91 80 A B 40.9 BMCSftwr BMC 27.18 +.84 –53 1.1m 12o

80 81 46 A B–29.1 Blckbaud 3.0 BLKB 13.18 +.49 –26 227 14 ê71 75 58 A D–45.0 Blkboard BBBB 25.96 +.92 +26 550 33o

55 64 28 A D 34.2 BluCoat BCSI 8.34 +.13 –35 432 7o

89 89 79 A B–26.7 CAInc .9 CA 18.28 +.56 –51 3.1m 13o

97 95 81 B D+59.8 Cerner r CERN 38.25 +.05 –19 942 18o

87 75 79 A C+25.8 CheckPtSf r CHKP 18.96 +.46 –55 988 10ò86 68 77 A C 39.0 CitrixSys r CTXS 23.46 +.13 –55 1.6m 15ò96 73 96 B B+31.0 CmptrPr 5.4 CPSI 26.49 –.42 –35 110 19 ê96 98 86 A C 50.0 ConcurTch r CNQR 32.20 +1.82 –54 529 48o

62 79 47 B D 83.5 DSTSys r DST 37.99 +.25 +64 1.0m 10ò45 56 46 B E 34.1 DealerTrk r TRAK 11.43 +.44 –50 240 12 ê95 77 94 B B 18.3 EPIQSys EPIQ 15.75 +.54 –45 190 27 ê94 99 79 A D–40.3 Ebix r EBIX 22.94 +1.58 –34 37 11 ê96 95 59 B B+26.3 Eclipsys ECLP 14.09 +.03 –28 528 14o

15 18 15 B D 59.2 ElecArts ERTS 15.34 +.22 –55 3.8m 30o

51 36 53 C B+33.1 FairIsa .5 FIC 15.47 +1.01 –1 512 9ò50 75 27 B E 15.2 FundTech FNDT 6.32 –.03 –77 5 9 ê15 34 27 .. E 14.6 i2Tech ITWO 5.87 +.13 –38 227 7 ê97 78 87 A B+19.3 Informatca r INFA 13.76 +.40 –59 445 17o

77 54 73 B B 32.0 Intuit r INTU 23.59 +.94 –49 2.2m 14o

85 76 65 B B+21.0 JDASfwr JDAS 12.57 +.27 –42 197 9 ê82 66 80 B C+27.5 JackHn 1.6 r JKHY 18.90 +.69 –62 376 16 ê67 89 22 A C 24.0 KenexaCp r KNXA 7.23 +.30 –80 55 5o

96 95 86 A C+24.37LongtopFn LFT 14.72 +.34 +54 170 18 ê66 17 73 B B 19.0 Macrvsn MVSN 12.25 +.65 –36 984 36o

73 72 54 B B–27.7 ManhAssc MANH 15.45 +.66 –50 147 10o

98 89 89 A B 41.0 McAfee r MFE 33.64 +.48 –26 2.2m 17o

99 97 77 A C 23.9 MedAsst MDAS.14.22 +.67 +14 234 39 ê69 74 57 A B–36.2 Micrsft 2.7 MSFT 19.34 +.38 –53 43m 10ò39 34 34 B C 97.8 MicroStr r MSTR 36.08 +.93 –56 65 9o

85 47 92 B B–61.0 NDSGrp NNDS 56.15 +1.40+136 172 25o

16 14 18 .. C+41.8 NetSuiten N 7.98 +.43 +20 264 .. ê86 98 57 A B–21.5 NuanceCm NUAN 9.93 +.44 –60 1.3m 11o

95 88 88 A C+39.1 OpenText OTEX 30.60 +.77 –36 345 14o

78 74 87 D D 14.4 OpnetTech r OPNT 9.11 +.47 –70 18 70 ê96 88 81 A B+23.6 Oracle ORCL 17.83 +.61 –49 24m 12o

81 92 60 A B 21.5 ParmTch r PMTC 12.22 +.33 –43 1.1m 9ò76 34 91 C C 15.1 Pegsys 1.0 r PEGA 12.04 +.42 –23 90 46x

78 59 49 B C+23.0 PhaseFwd PFWD 12.29 +.26 –21 340 15 ê74 75 57 B B–33.8 ProgSftw PRGS 19.02 +.41 –28 190 9 ê99 89 98 A B+47.9 QualtyS 2.8 QSII.43.63 +.59 –8 374 28o

97 73 84 B A–18.9 QuestSoft r QSFT 12.62 +.54 –33 803 14 ê90 90 67 A B+24.8 RedHat r RHT 13.17 +.18 –45 1.4m 16o

56 73 59 C D 15.3 RenscLr 3.1 r RLRN 8.94 +.32 –72 11 22k

90 88 60 A B–59.4 SAPAG 1.7 SAP 35.78 +1.57 –48 1.5m 13o

90 88 72 A A–43.4 SPSS SPSS 25.99 +1.07 –45 117 11 ê99 91 98 .. A NH SXCHlth SXCI 18.22 +.63 –1 99 23 ê65 72 37 C B–75.2 Salesforc CRM 30.96 +.03 –62 1.1m 99o

91 70 81 A C+31.6 SoleraHdn SLH 22.78 +.85 –62 315 16 ê92 85 80 A C+37.0 Sybase r SY 24.11 +.77 –36 825 11ò82 89 62 B B–22.8 Symantec SYMC.12.99 +.36 –70 4.6m 8ò84 65 76 A A–26.6 Synopsys SNPS 18.19 +.41 –42 932 10o

16 26 17 B E 28.0 TakeTwoIS TTWO 7.30 –.18 +27 1.3m 3o

62 95 14 A C+33.3 TaleoA TLEO 7.09 +.35 –52 197 11 ê52 58 28 B D+41.7 UltimtStwr r ULTI 14.30 +.43 –49 201 36 ê66 77 46 B D 42.5 Verisign VRSN 19.17 +.24 –47 1.9m 18o

67 12 85 E A–18.8 VtlImgs VTAL 13.38 +.96 –49 48 .. ê79 91 45 A C+86.9 VMware VMW 23.32 +1.31 –62 826 24o

65 69 36 A D–41.5 Vocus VOCS.17.02 +1.05 –77 67 24 ê

5. CONSUMER84 61 85 B D+29.4 AlbertoC 1.1 ACV 24.10 +.24 –32 621 19o

11 16 23 D D–21.8 AmerGrt 6.9 r AM 6.94 +.54 +17 674 6o

98 98 84 A D–53.27AmPubEn APEI.36.54 +.80 –31 215 45 ê

99 78 99 A B 81.7 ApolloGrpA r APOL.77.46 +1.06 –56 1.5m 25ò69 77 43 A E 45.3 AvonPds 3.4 AVP.23.43 +.93 –67 2.0m 11o

28 38 39 D D–38.8 CSSIndst 3.7 r CSS 16.16 +.94 –6 53 7k

99 92 96 A B+72.07CapellaE r CPLA 58.66 +2.62 –61 121 38o

66 12 95 D B–25.3 CareerEd CECO 17.99 +.45 –11 1.0m 23o

95 90 90 A E 82.2 Chattem CHTT 70.29 +2.56 –67 96 17o

90 74 89 B E 65.5 ChrchDwt .7 CHD 54.91 +.85 –57 374 20 ê91 73 87 A D–66.1 Clorox 3.3 r CLX 55.15 +1.31 –49 987 15o

97 77 85 A B–82.0 ColgPlmv 2.4 r CL 68.02 +.63 –30 2.9m 17o

98 69 98 C A 17.7 CornthClg COCO.16.00 +.82 –42 880 34o

43 40 52 C D+36.0 DTSInc DTSI 17.57 +.66 –70 58 24 ê99 83 97 A B 61.6 DeVry .3 r DV.57.82 +.88 –33 711 31ò86 89 80 A D–53.67DolbyLab DLB 32.27 +1.59 –51 389 18o

2 11 17 D E 22.6 EstmKod 7.9 r EK 6.33 +.28 –45 2.6m 90o

91 77 66 A C+52.8 Ecolab 1.6 ECL 34.38 +.61 –47 1.8m 18o

67 79 52 D D+21.8 ElizArden RDEN 12.12 +1.39+129 546 8 ê79 91 48 A B–114 Energizer ENR 52.95 +2.79 –31 704 8o

81 85 52 B C+54.8 EsteeLd 1.8 EL 30.35 +.89 –52 1.2m 12o

31 23 45 C D 38.0 HNICorp 5.7 HNI 15.10 +.80 –36 283 8 ê8 28 19 C D–74.8 Harman .3 HAR 16.42 +1.81 –5 987 7o

91 77 87 B C+41.7 Hasbro 2.8 r HAS 29.02 +.72 –25 1.7m 13o

74 60 83 C C 24.7 HelenTroy HELE 16.44 +.19 –27 169 8k

77 96 32 A D 51.1 Herbalfe 3.9 r HLF 20.61 +.24 –46 661 5o

71 63 72 A B–24.8 HillenI 4.5 r HI 16.40 +.22 –35 159 9 ê18 15 22 B D 24.0 HookFu 5.0 r HOFT 7.95 +.70 –52 42 7 ê99 94 98 A B+106 ITTEduc ESI.93.80 +2.35 –45 659 19ò56 62 27 B D 20.0 InterPr 2.0 IPAR 6.36 –.18 +95 256 7 ê76 65 58 B C 48.7 IntFlavr 3.5 IFF 28.74 +1.01 –11 776 10o

52 57 41 D C+22.4 iRobot IRBT 8.95 –.04 –40 78 31o

87 64 80 B B 30.6 JakksPac JAKK 20.84 +.93 –68 100 7o

55 84 31 B D–27.9 Jarden JAH 11.10 +.52 –57 635 3o

82 92 72 .. D–30.2 K12nya LRN.18.42 –.67 –12 213 55 ê78 57 76 B D–70.4 KimbCla 4.4 KMB 52.70 +.79 –60 1.3m 12ò81 91 48 A C 18.7 Knoll 5.6 r KNL 8.63 +.40 –31 357 4 ê56 61 36 B D–23.3 LearngTree LTRE 8.27 +.24 –13 27 9 ê63 50 75 C C+24.6 LeggPlat 6.8 r LEG 14.73 +.39 –49 1.2m 9k

98 83 90 C B–16.07LincEduSv r LINC 12.76 –.12 –76 8 19 ê98 86 92 A B–38.5 MarvelEnt MVL.30.55 +.46 +3 924 14o

96 64 90 B B 19.0 Matrixx MTXX 15.77 +.03 –40 45 13o

78 44 82 B B+22.0 Mattel 4.7 r MAT 15.98 +.25 –40 2.5m 12o

79 80 66 B C 58.6 MathInt .7 MATW 35.60 +.71 +6 268 14k

71 92 30 A D 78.9 Middleby MIDD.28.22 +.71 –9 183 7 ê45 74 28 B E 33.7 MllrHer 2.8 MLHR 12.42 +.13 –41 430 4 ê49 41 32 B E 37.3 NBTY NTY 15.31 +.58 +30 1.3m 6 ê74 46 97 D B 14.6 NLIndus 3.9 NL 12.93 +1.03 –32 32 39 ê97 89 97 B B+80.6 NatlPr 1.3 NPK 74.50 +2.50 +28 53 11 ê99 98 77 A B–86.5 NwOriEd EDU.53.80 +2.44 –64 274 29ò14 26 31 B E 26.2 NewellRb 8.5 NWL 9.90 +.11 –31 2.5m 6o

63 71 43 B D 20.0 NuSkin 4.6 NUS 9.67 +.31 –43 232 9 ê78 54 81 B B–30.6 NutriSys 4.9 NTRI 14.36 –.04 –6 439 7o

94 80 84 B B–74.5 ProctGm 2.6 PG 61.12 +.92 –60 10m 16o

20 23 26 D D–29.3 RC2 RCRC 9.70 +.45 –27 185 6 ê29 28 44 .. D–14.9 Revlon REV 6.65 +.38 –66 62 8 ê29 31 39 C C+57.2 Sony 1.4 SNE 21.55 +.59 –59 722 8o

41 36 58 D E 20.2 StoneMor 19 STON 11.21 +.55 –10 42 93 ê99 89 96 A D+239 StrvrEd .9 r STRA 212.3 +5.83 –60 108 39o

80 89 60 A A 45.0 Tupperw 4.0 TUP 21.88 +1.26 –19 777 8o

85 56 95 B C 49.9 USANAHlth USNA 33.96 +1.55 –79 19 14o

43 55 48 C D 35.5 UniElec UEIC 15.92 +1.42 –7 113 14 ê74 19 96 D B+20.0 UnvTchIns UTI 17.00 +1.07 –43 202 56o

84 79 62 A C 50.2 WWatch 2.5 WTW 28.13 +.49 –15 341 10x

37 48 33 C D 98.0 Whrlpl 4.3 r WHR 40.47 +1.70 –59 907 5o

85 56 96 C C+21.8 Zepn .9 ZEP 18.01 +1.07 –41 103 16k

6. INSURANCE86 57 87 B C+68.0 ACELtd 2.5 ACE 52.29 +.02 –54 1.8m 6o

86 85 66 B B+68.8 AFLAC 2.5 r AFL 45.60 +2.35 –50 2.4m 12o

71 88 54 D B 40.3 AXA 7.1 AXA 22.28 +1.20 –46 493 5o

40 47 52 C C+21.7 Allianz 6.3 AZ 10.72 +.28 –51 809 6 ê83 30 90 B B 50.9 AlldWAsr 2.3 AWH 39.13 +1.43 –20 317 4 ê64 37 55 C B–52.9 Allstate 5.1 r ALL 31.91 +1.28 –51 3.1m 9o

91 74 74 B B 32.0 AmerFin 2.2 AFG 22.64 +.81 –32 506 5 ê19 10 63 .. C+133 AmerNtl 4.3 ANAT 70.83 +2.90 –45 21 15 ê96 67 95 B B+50.5 AmPhy .8 r ACAP 48.22 +2.65 –3 86 10 ê76 39 70 B A–21.1 AmrSaftyIns ASI 12.39 +.88 –56 16 5 ê94 49 98 B B+21.6 Amerisfe AMSF 20.95 +.39 +59 295 7 ê97 76 92 B B+50.0 AON 1.3 AOC 45.94 +.89 –21 3.1m 16o

87 53 90 B D 80.5 ArchCap r ACGL 69.99 +1.14 –39 409 7o

79 19 86 B C+43.2 ArgoGpIntn AGII 33.80 +.72 +28 199 13 ê83 37 86 B B+32.4 AspenIns 2.5 AHL 24.33 +1.55 –27 767 9 ê40 61 29 B B–71.3 Assurant 1.9 AIZ 28.90 +1.84 –50 1.4m 5o

52 17 38 B B–27.6 AssrdGty 1.7 AGO 10.72 +.47 –31 747 8o

95 73 84 B A–41.8 AXISCap 2.6 AXS 29.41 +1.33 –56 674 8o

64 22 71 D B+28.3 BldLyB 5.5 BWINB 18.03 +.37 –59 11 13 ê92 50 97 B B 31.3 BrklyWR .8 r WRB 30.74 +.34 –42 1.1m 9o

86 46 93 B D+24.3 BrwnBrn 1.4 BRO 20.86 +.58 –42 577 17o

50 33 44 C C 35.0 CNAFinl CNA 16.43 +1.25 –38 393 5 ê97 85 96 B A 22.9 CNASurety SUR 18.39 +1.01 –18 80 7 ê78 60 75 B B 79.0 ChinaLfe 1.9 LFC 46.16 +1.30 –29 1.3m 19o

81 46 88 B C+69.4 Chubb 2.6 r CB 50.37 +1.58 –51 2.0m 9o

76 24 87 C B 40.2 CinnFnl 5.4 CINF 28.94 +.38 –16 1.1m 11o

37 38 47 C D–38.5 DelphiFn 2.3 r DFG 17.53 +1.46 +29 651 7 ê84 34 87 C B+21.5 DonglA 2.6 DGICA 16.16 +.13 +2 30 12 ê77 44 84 C B–31.7 EMCIns 3.0 r EMCI 23.99 +.37 –77 6 23 ê76 41 56 A B 36.4 eHealth r EHTH 12.85 +.28 +60 249 20 ê93 67 87 B A+20.8 EmployH 1.5 EIG 16.38 +.43 –12 236 8 ê76 19 85 B B+42.5 EndurSp 3.3 ENH 30.50 +1.20 –43 428 7o

“Graphic displays” of stocks over $12 that hit new price highs (names boldfaced) or are near new highs (regular type face) or had greatest % increase in volume on stocks over $15 and up 50¢ or more (name underlined). Stocks that are extended in priceover 15% from a consolidation (or basing) period have been omitted. “How to Read” chart appears on the NYSE every Tuesday. Stocks highlighted are not recommendations and should be researched further before investing.

BRINKS HOME SEC HLDGS (CFL) Group 6 $21.9596 Comp. Rating 84 EPS RS 97 ROE 11% 45.3M SharesINSTALLS AND MONITORS SECURITY ALARM SYSTEMS FOR RESIDENTIALAND COMMERCIAL PROPERTIES IN ALL 50 STATES AND CANADA.

+13% Ann. EPS Gro PE 19 Avg. Daily Vol 590,600 Debt 0%Last Qtr Eps +67%5 Prior Qtr +11%6 Last Qtr Sales +9%1 Qtrs EPS) 15%

Acc/DisSup/Demand 74

DEVRY INC (DV) Group 5 o$57.8299 Comp. Rating 83 EPS RS 97 ROE 18% 61.6M SharesPROVIDES POST-SECONDARY EDUCATION TO 61,924 STUDENTS THROUGH 91LOCATIONS IN 26 STATES IN THE U.S. AND ONE IN CANADA.

+84% Ann. EPS Gro PE 31 Avg. D. Vol 1,062,200 Debt 0%Last Qtr Eps +20%6 Prior Qtr +31%6 Last Qtr Sales +21%13 Qtrs EPS) 15%Eps Due 1/24

Acc/Dis BSup/Demand 79

AUTOZONE INC (AZO) Group 18 o$137.2596 Comp. Rating 79 EPS RS 96 ROE 203% 55.7M SharesOPERATES 4,092 RETAIL AUTO PARTS STORES NATIONWIDE AND 148 STORESIN MEXICO OFFERING AUTOMOTIVE PARTS AND ACCESSORIES.

+13% Ann. EPS Gro PE 13 Avg. D. Vol 1,443,800 Debt 980%Last Qtr Eps +10%6 Prior Qtr +20%5 Last Qtr Sales +2%0 Qtrs EPS) 15%Eps Due 2/26

Acc/Dis BSup/Demand 89

NATIONAL PRESTO IND (NPK) Group 67 $74.5097 Comp. Rating 89 EPS RS 97 ROE 13% 4.8M SharesMARKETS HOUSEWARES, SMALL APPLIANCES, DIAPERS, PRECISION ME-CHANICAL ASSEMBLIES AND MILITARY CARTRIDGE CASES.

+40% Ann. EPS Gro PE 12 Avg. Daily Vol 41,200 Debt 0%Last Qtr Eps +17%6 Prior Qtr +37%5 Last Qtr Sales +14%7 Qtrs EPS) 15%Eps Due 3/5

Acc/Dis B+Sup/Demand 51

CALIFORNIA WATER SVC GRP (CWT) Group 13 $45.8799 Comp. Rating 81 EPS RS 97 ROE 8% 19.5M SharesENGAGED IN THE PRODUCTION, PURCHASE, STORAGE, TREATMENT, DISTRIBU-TION AND SALE OF WATER IN CA, WA, NM AND HI.

+6% Ann. EPS Gro PE 24 Avg. Daily Vol 269,000 Debt 75%Last Qtr Eps +58%5 Prior Qtr +30%5 Last Qtr Sales +16%2 Qtrs EPS) 15%Eps Due 2/27

Acc/Dis ASup/Demand 75

EMERGENT BIOSOLUTIONS (EBS) Group 21 o$25.7999 Comp. Rating 97 EPS RS 99 ROE 15% 13.5M SharesDEVELOPS IMMUNOBIOTIC VACCINES AGAINST BIOLOGICAL AGENTS THATARE POTENTIAL WEAPONS OF BIOTERRORISM AND BIOWARFARE

+58% Ann. EPS Gro PE 16 Avg. Daily Vol 695,700 Debt 25%Last Qtr Eps +240%5 Prior Qtr +135%6 Last Qtr Sales +30%3 Qtrs EPS) 15%Eps Due 3/7R&D 29%

Acc/Dis BSup/Demand 88

Brink’s Home Security HoldingsCFL, which went public in Novem-ber, has cleared its first base, ashort cup with handle.

Brink’s is extended about 9% pastits 20.17 buy point, so it’s best towait for the stock to set up in a newbuying range.

One of the largest home securityfirms in North America, Brink’sserves about 1.3 million customersin the U.S. and Canada.

The firm’s third-quarter earningsvaulted 67% thanks to a rise in itssubscriber base. That was a sharpimprovement over EPS gains of 0%to 29% in the seven previous peri-ods.

Analysts see fourth-quarter EPSclimbing 58%, 9 percentage pointslower than originally forecast.

Earnings are expected to soar69% for 2008. Joanne von Alroth

39 26 38 D D 132 EnstarGp ESGR 56.90 +.70 –61 9 .. ê70 29 76 B C 56.2 ErieIndt 4.8 ERIE 37.49 +.89 –33 75 13 ê67 5 82 C B+105 EverstRe 2.5 r RE 77.03 +1.60 –38 486 10 ê28 39 33 D D 35.7 FBLFncl 3.6 FFG 13.85 +.85 –42 54 5 ê92 90 82 C C 71.5 FPICIns FPIC 41.06 +1.97 +11 43 7 ê96 32 93 A A–355 FairfxF 1.6 FFH 310.0 +1.99 –80 17 3o78 12 96 E A+21.0 FidlNFin 3.4 FNF 17.51 +.35 –25 2.8m ..o71 26 86 E A–44.2 FirstAm 3.1 r FAF 28.21 +.03 –12 1.0m 99o78 52 75 B B–25.2 FstMerF r FMR 13.44 +1.20+183 262 7 ê82 33 93 B C+30.0 Gallaghr 5.0 AJG 25.40 +.63 –37 604 16o54 19 40 B D 23.9 Grnlghtn r GLRE 12.21 +.19 –54 103 .. ê92 54 94 B B+30.0 HCCIns 1.9 HCC 26.51 +.91 –54 625 9 ê80 38 88 C B–55.0 HanvrIns 1.1 THG 41.92 +1.03 –33 314 11 ê88 57 87 C B–44.0 Harlysvl 3.5 r HGIC 34.21 +.01 –7 105 12 ê36 58 10 C C+89.0 HartfdFn 7.8 r HIG 16.32 +.78 –71 6.6m 2ò70 75 46 C B–19.7 HorMan 2.3 HMN 9.10 +.76 –26 286 4 ê26 59 18 B E 40.7 ING 18 ING 10.87 +.83 –20 1.7m 2o81 25 93 C B–33.8 IPCHldgs 3.6 IPCR 29.62 +1.21 –56 373 5 ê89 56 96 D B+52.8 InfPrCas 1.0 IPCC 46.31 +.01 –46 93 10 ê99 93 99 A B–42.3 LifePtn .7 r LPHI 40.53 +1.56 –25 116 21k33 59 18 C D+60.0 LincNatl 4.6 LNC 18.34 +1.94 –51 3.1m 3o50 62 51 C B–51.5 LoewsC .9 L 27.77 +1.46 –47 1.4m 8o18 41 25 C E 41.1 Manulife 5.1 MFC 16.65 +.67 +24 4.1m 7o68 44 66 C C+492 Markel MKL 289.0 +6.99 –47 29 43k76 60 78 C D+36.8 MarshM 3.4 MMC 23.65 +.62 –58 2.3m 17o62 20 59 C A–31.0 MaxCp 2.2 MXGL 16.63 +.34 –62 194 .. ê70 16 86 D B+62.0 MercuryG 5.1 MCY 45.77 +1.83 –60 130 15 ê58 43 46 B B+65.5 MetLife 2.1 r MET 34.62 +1.59 –66 4.7m 6o83 38 92 C C+17.9 Montplr 1.8 r MRH 16.40 +.57 –51 411 12o68 36 67 B B–34.2 NatIntst 1.4 NATL 17.48 +.12 –55 18 16 ê76 47 95 C B–NH NtnwdFnl NFS 52.21 +.20 –11 560 13o94 60 89 B B+66.7 NavigGrp NAVG 55.75 +1.57 –4 121 10o62 13 66 D B 29.4 NYMGIC 1.9 NYM 17.00 +.94 –65 8 .. ê86 16 98 B B+NH OdyssyRe .6 r ORH 51.52 +1.86 –59 113 27 ê66 23 82 E B 17.3 OldRepIn 5.9 ORI 11.43 +.37 –19 1.5m ..k32 24 33 D D–23.6 OneBeac 8.3 OB 10.13 +.51 +27 152 7 ê81 24 90 B B 83.2 Partnrre 2.6 PRE 70.72 +1.27 –53 432 6o90 40 93 B B 38.8 PlatUnd .9 r PTP 35.34 +1.48 –43 464 8 ê47 63 42 D C+20.5 PresLife 2.6 PLFE 9.62 +.95 –34 56 5 ê26 55 24 C C 70.6 PrncplF 2.1 PFG 21.49 +2.47 –50 2.2m 5o96 87 90 C B+71.2 Proassrnce r PRA 53.18 +4.23 +12 286 10o64 20 75 D B–21.3 Progresv PGR 14.37 +.25 –52 2.9m ..ò33 56 19 C B–44.4 PrtcLife 3.5 PL 13.58 +1.44 –50 702 3 ê39 56 20 C B–94.1 Prudentl 2.0 PRU 29.25 +2.12 –55 4.7m 4o44 53 35 D B–29.6 PrudtlUK 5.9 PUK 11.86 +.28 –29 227 34 ê92 50 95 B B 72.1 RLI 1.7 RLI 60.14 +1.33 –65 64 12k79 86 77 C D+59.3 ReinsGrp RGA 42.12 +1.02 –59 415 6k82 24 90 B B+61.5 RenaisRe 1.8 RNR 50.97 +.91 –41 473 10 ê85 55 93 C C 49.4 SafeIns 4.2 SAFT 38.14 +1.00 –36 60 8 ê93 81 76 B B–16.0 SeaBrght SBX 11.42 +.12 –42 67 5 ê80 50 90 D B–30.4 SelInsG 2.4 SIGI 21.95 +.89 –56 138 11 ê80 82 74 C C+55.3 StancrpF 1.9 SFG 40.12 +2.09 –14 408 7o84 23 93 C A–37.1 StatAut 2.1 STFC 28.30 +1.04 –11 63 .. ê59 9 76 E A 36.4 StewInfo .5 STC 21.57 +.19 +86 381 .. ê48 57 38 C B+57.0 SunLife 5.1 r SLF 23.09 +1.34 –30 425 6 ê62 58 63 B D+66.0 Torchmrk 1.3 TMK 43.57 +2.01 –54 609 7x99 95 94 A B+34.37TowrGp .8 TWGP 26.06 +1.56+108 489 9 ê60 37 52 C C+73.8 TransAtl 2.0 TRH 38.97 +1.26 –49 62 12 ê85 31 88 B B+58.6 Travele 2.7 TRV 44.93 +1.35 –65 2.2m 8o67 50 68 D B–21.4 UtdAmInm INDM 12.00 +.17 –4 76 21 ê72 12 93 C B–39.3 UnitdFi 2.0 r UFCS 30.38 +1.25 +15 136 24 ê26 13 34 D C+48.9 Unitrin 11 UTR 15.81 +.42 +32 462 99 ê69 72 62 B D 26.0 UnvAmr r UAM 8.88 +.44 +31 532 6o72 73 70 D B–28.0 UnmGrp 1.7 UNM 17.98 +1.22 –66 1.7m 7o93 41 95 B B+26.3 Validus 3.1 VR 25.49 +.80 –37 374 7 ê33 15 38 E D+525 WhtMtIn 3.1 WTM 260.0+12.02 –50 17 .. ê71 40 64 B B–38.1 WillisGp 4.3 WSH 23.97 +.56 –17 1.4m 8o72 33 78 B C+45.7 ZenithNt 6.4 ZNT 31.35 +.84 –16 308 9 ê

7. UTILITY92 80 84 C D–39.1 AGLRes 5.5 ATG.30.33 +.76 –23 461 11 ê78 64 63 B C+64.8 Alleghn 1.8 AYE 32.70 +.58 –28 1.9m 14o80 66 68 C B 49.0 Allete 5.4 ALE 31.81 +.51 –39 207 11 ê78 70 77 C D–42.4 AllntEgy 4.9 LNT 28.67 +.52 –42 564 9 ê65 42 67 C B–54.6 Ameren 7.8 AEE 32.45 +.40 –11 1.3m 10o78 48 74 B B–49.1 AmElcPwr 5.1 AEP 32.05 +.13 –25 2.8m 10o80 56 76 C C+42.0 AmrStWt 3.3 AWR 30.30 –.48+193 432 21 ê79 41 87 E B–23.7 AmWWks 4.1 AWK 19.75 –1.19+126 1.1m .. ê93 65 93 B B–22.0 AquaAm 2.8 WTR 19.00 –1.00 +41 1.8m 26o

92 77 83 C D–29.3 AtmosEn 5.6 ATO 23.73 +.41 –43 457 11 ê94 82 84 D C+23.6 Avista 3.8 AVA 19.02 +.51 –46 217 14 ê81 56 71 A C 44.9 BlackHl 5.2 BKH 26.70 +.65 –26 328 14 ê86 20 97 C A–NH CHEnergy 4.2 CHG 50.88 +1.38+111 202 22 ê69 68 52 B D–78.0 CPFLEnrg 11 CPL 38.35 +.65 +4 154 8 ê99 81 97 C A 46.4 CalifWtr 2.6 CWT 45.87 +2.15 +22 329 23 ê98 87 75 B C+17.6 CenterPt 5.9 CNP 12.38 +.27 –49 2.4m 9o90 82 88 D C+32.4 CentrlVT 4.1 CV 22.57 +.23 –6 126 11 ê98 77 92 B A–34.8 ChesUtil 3.9 CPK 30.97 +.32 –19 29 15 ê84 58 85 C B–28.4 Cleco 4.0 CNL 22.57 +.57 –49 261 13 ê70 65 52 B C+57.5 CmpSABESP SBS 23.98 +.90 +28 723 4o85 81 61 A C+26.6 CIG 6.5 CIG 13.72 +.66 –63 726 6 ê84 48 85 C B–29.0 CNWtrSv 3.9 CTWS 22.93 +.04 +37 36 21 ê74 33 85 C B–49.3 ConEdisn 6.1 ED 38.52 +.22 –47 1.3m 12ò59 36 41 B C+29.8 ConsWtr 2.8 CWCO 11.26 +.20+376 372 20 ê56 63 43 C C 107 ConstlEn 7.4 CEG 25.68 +.56 –36 2.1m 5o92 59 80 B A–30.5 DPL 4.9 DPL 22.30 +.29 +8 1.0m 13 ê81 49 82 C B–45.3 DTEEnrgy 5.9 DTE 35.75 +.30 –31 855 11 ê88 68 74 B B–48.5 DomRs 5.0 D 35.23 +.40 –29 2.7m 11o63 35 77 C D 20.6 DukeEngy 6.2 DUK 14.94 +.29 –60 4.8m 12o74 67 57 B B–55.7 EdisnInt 3.9 EIX 31.48 +.73 –52 1.4m 8o96 86 76 B B–26.2 ElPasoElc EE 17.78 +.06 –19 289 9 ê62 24 77 D B–23.5 EmprDist 7.4 EDE 17.25 +.41 –13 173 19 ê95 99 72 A D–52.5 EmpNcCh 2.5 EOC 33.44 –1.45 –25 211 12 ê75 85 31 A D–79.6 Energen 1.7 EGN 28.63 +1.29 –11 919 6ò94 99 70 B C+20.6 Enersis 3.9 ENI.12.57 –.35 –52 417 10 ê93 72 74 B C+127 Entergy 3.6 ETR 82.29 +.58 –60 731 12o

Brink’s Clears Its1st Base Since IPO

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IBD Composite RatingEarnings Per Share Growth RatingRelative Price Strength RatingSales+Profit Margins+Return On EquityAccumulation/Distribution (last 3 mos)

52-wk Dividend Close Vol% Vol PHigh Stock % Yield Symbl Price Chg Chg 1000 E6 6666

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INVESTOR'S BUSINESS DAILY SUCCESSFUL INVESTORS READ INVESTOR'S BUSINESS DAILY WEDNESDAY, DECEMBER 31, 2008 B5

B Y P A T R I C K C A I NINVESTOR'S BUSINESS DAILY

Gilead SciencesGILD is workingthrough hurdles as the stock’s cup-shaped base nears completion.

The biotech company started thecup-shaped base in mid-Augustand corrected 38%. In December,Gilead rose past both its 40-weekand 10-week moving averages.Good bases typically break out afterthey’ve regained those importantlines.

Gilead also passed what appearedto be a handle in December, but thathandle was dangerously low. Also,there was no volume as the stockcleared that level, so it should not beregarded as a proper buy point.

Volume has dried up significantlysince mid-November. The averageweekly volume is now 27% lowerthan it was then. Even with that, thestock has failed to see above-aver-age volume in two months.

So far in the base, there are threemore weeks of accumulation thandistribution, which is positive.

Gilead has formed many bases inthe past two years, though none hasresulted in dramatic gains. Thismay be because the stock has beenin a general upward trend since themid-1990s.

That’s a huge advance, suggestingthe stock has become exhausted.Still, the stock today is in a first-stage base because a bear market re-sets all base counts.

B Y P A U L W H I T F I E L DINVESTOR'S BUSINESS DAILY

The best dividend stocks of 2008hold a lesson: Don’t let the divi-dend’ssize alonedefineyour choice.

With a couple of trading days leftin 2008, we ran a screen to find thebest income plays of the year.

The criteria duplicated a qualitystrategy: no thinly traded stocks, nolow-priced stocks and no stockswith a record of unstable earnings.

The screen allowed an exception:gold stocks, even though their divi-dendyields are tiny. Why the excep-tion? Because many advisers say aconservative strategy should in-clude exposure to gold. Even so, thescreen required that the gold stockshave a stable earnings history.

Here are the top five performers:Royal GoldRGLD is up 57% year to

date. The Denver-based companyis not a mining company but a royal-ty company. A royalty is a right to re-ceive a percentage of productionfrom a mine. The dividend yield is0.7%. The five-year EPS StabilityRating is 11.

Quality SystemsQSII is up 44%.The maker of medical records soft-ware has a dividend yield of 2.7%.The Stability Rating is 8.

Compass MineralsCMP is up 38%.The salt and specialty fertilizer pro-ducer’s dividend yield is 2.4%. TheStability Rating is 21.

Sociedad Quimica y MineraSQM isup 36%. The Chilean fertilizer pro-ducer’s dividend yield is 2.5%. TheStability Rating is 14.

Anheuser-Busch, now Anheuser-Busch InBev, gained 34%, thanksto a buyout by Belgian brewerInBev. When the beer maker wascovered in March in this column,the dividend yield was 2.8% and theStability Rating was 6. It no longertrades in the U.S.

The lesson here is in the dividendyields. All five yields are or wereless than 3%.

Investors who insist on big yieldswould’ve missed the big gainers.

THE INCOME INVESTOR

GILEAD SCIENCES INC (GILD) Group 21 o$51.3399 Comp. Rating 90 EPS RS 94 ROE 66% 892.3M SharesDEVELOPS THERAPEUTICS FOR THE TREATMENT OF VIRAL, FUNGAL,RESPIRATORY AND CARDIOVASCULAR DISEASES.

+42% Ann. EPS Gro PE 25 Avg. D. Vol 10,157,700 Debt 38%Last Qtr Eps +22%5 Prior Qtr +7%6 Last Qtr Sales +30%1 Qtrs EPS) 15%Eps Due 1/23R&D 14%

Acc/Dis A-Sup/Demand 70

Less Was MoreFor DividendStocks In 2008

B Y D O N A L D H . G O L DINVESTOR'S BUSINESS DAILY

In China, as we’d expect from U.S.experience, some of the hottestnames got hit the hardest in the12-month rout.

There must be bargains out there.But be careful. There are swamp-lands in Florida that you can get atbargain prices.

True, if this is a new bull market,lots of slates are wiped clean. Allbases are first-stage affairs. Andbases that would be considered toodeep at any other time may be for-given after a nasty bear trend.

But there are limits. And, just aswith U.S. stocks (and, after all,we’re discussing U.S.-listed ADRs),you’re probably best off limitingyour candidates to those with nomore than a 50% or 60% correction.

That would disqualify somenames that have been featured herein the past few months.

Search engine Baidu.comBIDU

crashed 74% from mid-May to mid-December. Chemicals makerShengdatechSDTH turns a nice profit,but the stock crashed 83%.

Outsourcing firm VanceInfoTechnologiesVIT showed lots ofpromise. But the one-year-oldstock’s only breakout ended in anasty reversal. VanceInfo lost 69%.

China Information SecurityTechnologyCPBY, a provider of tech-based security products, had a lotgoing for it: double- and triple-digitsales and earnings growth, strongmargins and return on equity. Itwas a new issue, too.

But the stock has done nothing butfall since its Nasdaq debut. CIST fell69%, peak to trough. What’s more,it’s a thin, low-priced stock.

What do Baidu, Shengdatech,VanceInfo and CIST have in com-mon? Each has an EPS Rating of 99,the best possible.

Internet portal Sohu.comSOHU (EPSRating of 91) is a borderline case: Itsank 63% from its June 5 top. But itseems to be trying to form a base.

INTERNATIONAL LEADERS

Gilead SciencesNearing FinishOf Its Pattern

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Lots Of BrokenChina StocksAfter Bear Raid

THE BASE READER

77 62 60 A D 76.1 EqtblRes 2.6 EQT 33.21 +1.06 +21 2.6m 14o77 58 66 B B–92.1 Exelon 3.9 r EXC 54.45 +1.88 –34 3.1m 13ò92 64 80 B B 73.8 FPLGrp 3.6 FPL 49.58 +.46 –35 2.2m 13o74 68 55 B D+84.0 FirstEgy 4.6 FE 47.51 +.88 –38 1.5m 11o77 36 71 B B+29.5 GrtPlnEn 8.7 GXP 19.03 +.41 –19 1.0m 12o85 74 80 C D–29.8 HawaiiEl 5.7 HE 21.83 +.28 –55 373 12 ê83 41 89 B C+42.3 HuanPwr 5.9 HNP 28.35 +.55+117 1.4m 24o97 91 75 A C+60.0 ITCHldgs 2.9 ITC.41.94 +1.52 –39 305 20 ê96 79 88 C B–35.7 IdaCorp 4.1 IDA 29.00 +.28 +34 805 12 ê85 59 80 C D+53.9 IntgrysE 6.4 TEG 42.17 +.94 –52 417 14o56 12 73 D B+22.0 KoreaElc 2.4 KEP 11.47 –.20 –51 734 9o94 57 96 B C+55.8 Laclede 3.4 LG 45.94 +1.09 +14 326 17o91 63 87 B C 36.7 MGEEgy 4.5 MGEE 32.15 +.52 –43 60 13 ê93 70 87 B B 19.8 MdsxWtr 4.3 MSEX 16.57 +.40 +30 50 17 ê69 19 61 A B 42.2 Mirant MIR 18.42 +.48 –71 894 6o84 86 54 B C 45.8 NRGEnrgy NRG 21.40 +.65 –50 2.0m 6o92 58 95 C B 38.9 NSTAR 4.2 NST 36.04 +.53 –42 409 16ò91 86 51 A C 63.7 NatlFuel 4.3 r NFG 30.49 +.79 –41 411 9o71 31 65 B B 85.6 NatlGrid 6.0 NGG 49.67 +1.00 +24 212 12 ê92 47 96 B B–41.1 NJResrc 3.2 NJR 38.82 +1.48 –19 419 17 ê80 48 77 B C+52.0 Nicor 5.5 GAS 34.12 +.99 –22 548 12 ê50 25 53 C D+19.8 Nisource 8.4 NI 10.94 +.27 –41 2.0m 8o83 63 84 D C 31.7 NEUtil 3.6 NU 23.85 +.58 –55 637 12 ê69 26 84 D B–56.0 NwNtGas 3.7 NWN 43.18 +.34 –23 183 17 ê79 48 84 D B+30.1 NoWstC 5.8 r NWE 22.87 +.64 –61 162 13 ê89 88 60 B D+51.3 Oneok 5.6 OKE 28.46 +.76 +5 1.1m 8o55 18 58 C B 46.2 OttrTail 5.1 OTTR 23.35 +.98 –27 246 20 ê92 63 90 B B–45.7 PG&E 4.1 PCG 38.06 +.08 –40 2.0m 13o73 40 58 B B 55.2 PPL 4.4 PPL 30.29 +.87 –24 2.3m 14 ê73 61 60 C B–29.9 PepcoHl 6.2 POM 17.49 +.44 –62 998 9 ê89 31 95 B B+35.3 Piedmnt 3.3 PNY 31.37 +.79 –45 336 20o68 38 85 D C+42.9 PinaclW 6.6 PNW 31.96 +1.00 –32 783 13o73 54 73 C D+27.9 PortGE 5.2 POR 18.82 +.56 +5 677 9 ê81 59 84 C B–49.6 ProgrsEn 6.3 PGN 39.21 +.49 –56 817 13o81 65 63 B C+52.3 PubSvcEn 4.6 r PEG 28.18 –.07 –11 3.2m 9o74 51 84 D D+28.4 PugetEgy 4.3 PSD 23.17 –.05 –43 556 16o93 66 89 C B+35.1 SJW 2.2 SJW 28.74 +1.24 +5 101 25 ê89 55 88 C B–44.1 Scana 5.0 SCG 36.53 +1.30 0 1.1m 12 ê73 55 70 C C+63.0 SmpraEn 3.4 r SRE 41.67 +1.13 –40 1.2m 9o99 86 95 C A–NH SoJerInd 3.0 r SJI 39.16 +1.06 +87 447 17 ê93 63 90 B B 40.6 SouthnCo 4.6 SO 36.53 +.33 –48 3.3m 15o72 76 36 B D+29.8 SouthnUn 4.7 SUG 12.89 +.28 –38 1.0m 6o61 17 79 D B–33.3 Southws 3.6 SWX 24.86 +.56 –30 240 14o47 25 60 C D–22.0 TecoEngy 6.8 TE 11.85 +.24 –54 1.2m 13o72 78 50 B D–37.8 Transal 4.4 TAC 19.57 –.03 –15 52 12 ê93 44 85 B B+28.9 UGI 3.2 UGI 23.95 +.61 –43 451 12o87 67 85 C B 37.8 UILHldg 5.8 UIL 29.82 +.38 –12 138 15 ê64 18 91 .. B+34.5 Unisour 3.4 UNS 28.49 +.87 –47 242 99 ê78 59 83 C D–32.2 Vectren 5.4 VVC 24.93 +.11 –30 423 14 ê79 80 41 B B–94.4 VeoliaEn 5.1 VE 31.63 +1.95+127 1.0m 9 ê83 39 89 C C+37.1 WGLHld 4.4 WGL 32.01 +.94 –38 416 13o66 20 81 C C 26.6 WestarE 5.8 WR 19.90 +.53 –54 766 16 ê84 60 85 C B–49.6 WiscEngy 3.3 WEC 41.50 –.17 –34 1.1m 13 ê87 36 84 C B+23.0 XcelEngy 5.2 XEL 18.23 +.23 –53 1.6m 12o

8. BANKS41 84 4 A E 47.7 AldIrish 52 AIB 4.71 +.12 –32 377 .. ê59 10 74 D B+17.4 Ameris 1.9 ABCB 10.79 +.79 –59 12 18k93 77 93 B B 32.7 ArrowF 4.1 r AROW 24.10 +.25 –16 25 12k70 22 85 C B 32.0 AssBanc 6.4 ASBC 20.12 +.67 –60 462 11ò62 32 79 B B 45.3 BB&T 7.1 BBT 26.60 +.85 –53 3.2m 9ò74 53 70 B C 61.4 BOKFnl 2.3 BOKF 39.12 +.64 –43 77 11 ê87 51 95 C B 73.1 Bancfst 1.7 BANF 50.74 +2.87 +52 66 18k74 82 52 A C+24.6 BcBilVA 7.7 BBV 12.28 +.45 –59 312 5k72 86 35 A B 25.2 BcBrads 1.6 BBD 9.83 +.48 –46 6.2m 6o85 90 46 A A–25.9 BncoItau .6 ITU 11.46 +.62 –68 3.6m 7o56 33 87 C C+20.7 BncLatno 6.2 BLX 14.29 +1.32 –45 104 6 ê67 94 38 A E 26.7 BcMacro 7.0 r BMA 11.31 +.28 –68 87 3 ê83 68 68 A B 55.6 BcSanCh 5.4 SAN 33.99 +.27 –42 166 9 ê54 82 35 A E 22.3 BncSntdr 8.5 STD 9.56 +.32 –50 1.8m 4o82 84 66 A C+44.0 BanColo 5.9 CIB 23.14 +.47 –38 316 6 ê82 49 88 C B–31.9 BcSouth 3.9 BXS 22.39 +.90 –42 488 13ò79 12 97 C B+16.9 BncTrst 4.0 BTFG 13.14 +1.14+205 157 46 ê9 8 19 C B–45.1 BnkofAm 9 BAC 13.24 +.30 –37 71m 10ò

87 64 80 B C+70.0 BkHawai 4.2 BOH 43.24 +1.57 –53 231 11 ê6 38 3 B E 63.7 BnkIrel 80 IRE 4.85 +.07 –50 137 .. ê

26 54 37 C E 59.1 BkMont 9.0 BMO 25.31 +.23 –35 428 6o64 66 63 A C 49.4 BankNY 3.5 BK 27.48 +1.53 –50 5.2m 9ò39 64 39 B E 51.7 BkNova 5.9 BNS 26.57 +.95 –50 346 7 ê90 64 97 B D+36.8 BkOzark 1.9 OZRK 28.01 +1.33 –56 86 14k42 19 53 C B–29.4 Banner 2.2 BANR 9.00 +.29 –32 90 15k

15 33 11 B D+41.6 Barclays 30 BCS 8.76 ... –46 828 2 ê88 63 92 B B 20.0 CVBFncl 3.0 r CVBF 11.49 +.71 –41 370 14x38 34 53 B C 76.8 CnImpBk 6.8 CM 40.77 +.43 –68 358 5o61 14 84 C C+34.5 CapCty 3.0 CCBG 25.14 +.91 –59 16 23k21 12 26 E D–27.0 CaptlBcp 2.7 CBC 7.30 +.04 –36 72 .. ê89 42 97 B A 35.0 CathyG 1.9 CATY 22.70 +.49 –38 327 10ò46 53 37 B E 14.8 CntrFin 3.4 CLFC 5.85 +.13 +40 126 4 ê37 10 45 E B 22.5 CenPacF 4.1 CPF 9.64 +.01 –2 351 ..o75 29 93 C B+43.0 ChemFn 4.4 r CHFC 26.73 +1.80 +11 148 18 ê59 3 84 E C+13.8 Chicopee r CBNK 11.65 +.25 –98 0.2 99 ê4 23 12 E D–29.9 Citigrp 9 C 6.80 +.23 –68 71m ..ò

81 54 81 B B–54.3 CtyHld 4.0 CHCO 33.84 +.91 –56 63 11k69 22 85 B C+71.5 CityNatl 4.1 CYN 46.98 +1.51 –40 495 14k20 39 14 .. D–24.6 CityBank 4.7 CTBK 5.10 –.25 +8 113 5x

66 32 72 B B–16.0 Cobiz 3.3 COBZ 8.61 –.12 +18 88 12k40 14 35 C B 30.8 ColumBk 2.5 COLB 11.20 +.86 –63 48 9k26 12 41 C C+54.0 Comerica 6.8 CMA 19.39 +.66 –58 1.3m 8ò84 37 93 B B 52.9 CmcBcs 2.3 CBSH 43.18 +1.40 –49 273 16k89 55 93 C B+33.0 CmtyBkSy 3.7 CBU 23.70 +.88 –4 257 16k89 47 96 C A–46.3 CmtyTrBc 3.4 CTBI 35.13 +1.69 +7 67 15k77 74 58 A C+86.9 Credico 3.1 BAP 48.51 +1.22 –52 217 8 ê83 53 85 B C+65.1 CullenFr 3.4 CFR 49.74 +1.63 –10 624 14k70 3 96 D B–14.1 DanvBcn .6 DNBK 12.95 –.06 –52 43 .. ê13 30 26 C D–131 DeutschB 17 DB 40.52 +2.37 –40 727 7o69 14 95 C B 25.8 EWBcp 2.7 EWBC 14.77 +.68 –41 576 54o63 42 52 B B–25.5 EntFnlSv 1.5 EFSC 14.38 +1.07 +31 28 11 ê89 46 83 B B+20.7 FNBCorp 7.5 FNB 12.78 +.86 –26 440 11k77 42 87 C B–32.7 FarmrCp 5.9 FFKT 22.50 –.24 –48 6 11k26 19 38 B D+28.6 FfthThr .5 FITB 7.97 +.24 –60 4.3m 10ò88 79 67 D C+22.5 FnclInst 2.9 r FISI 13.57 +.37 –58 8 9 ê89 44 91 B B+20.9 FstBcNC 4.5 FBNC 16.90 –.02 –22 25 11 ê78 20 93 B C+22.5 FstBusey 4.4 BUSE 17.98 +1.13 –33 58 21k91 68 94 C B+16.2 FstCwlFn 5.6 FCF 12.25 +.37 –48 475 17k78 28 89 B B–39.0 FCmBsh 3.4 FCBC 32.74 +1.11 –42 22 14k95 64 96 C A–50.0 FirstF 2.3 THFF 39.75 +2.67 –21 33 18k91 67 97 B D+67.0 FstFnlBk 2.5 FFIN 54.99 +1.28 –54 69 21k77 33 90 C B 30.0 FMerch 4.2 FRME 22.06 +.81 –38 52 13k66 33 73 C B–40.1 FMidBc 4.6 FMBI 19.50 +1.03 –40 312 9k93 76 96 C B+30.0 FrstSrce 2.9 SRCE 22.45 +1.14 –44 31 15k84 47 91 C B+30.9 Fstmerit 5.9 FMER 19.82 +.30 –11 976 13ò74 43 78 C B 17.0 FultnFn 6.5 FULT 9.26 +.31 –52 1.1m 10k85 65 86 B B–40.1 GlacrBnc 2.8 GBCI 18.49 +.45 –40 397 14o21 36 33 C D+216 GldmSch 2.3 GS 82.06 +5.50 –58 11m 17o57 11 69 B C+25.2 GreenBs 3.6 GRNB 14.36 +.34 –75 23 14 ê88 77 74 A B+140 HDFCBnk .8 HDB 72.35 +1.08 –7 691 21ò37 42 43 B D–88.2 HSBCHold 9 HBC 47.17 +.57 –55 1.0m 6o86 61 90 B C 68.4 HncHld 2.2 HBHC 43.57 +2.01 –64 109 18k81 42 89 C B 20.6 HarlyNat 5.7 HNBC 14.12 +.31 +1 150 15k72 36 86 C C+27.1 HeartFin 2.1 r HTLF 19.35 +.50 –66 11 15 ê66 26 69 C A–19.5 HrtgCom 2.9 HTBK 10.92 +.56 –58 14 36 ê96 87 97 B A–35.07HmBk 1.0 r HOMB 26.44 +.95 –21 108 20k76 36 90 B C 70.7 Iberiabk 2.9 IBKC 47.23 +1.31+307 590 15k30 30 49 B D 74.3 ICICIBk 2.7 IBN 19.18 +.17 –65 1.4m 14ò88 42 87 B B 39.2 IndBMA 2.7 INDB 26.72 +1.20 +80 190 12k81 56 84 B C+33.0 IntlBcs 3.1 IBOC 21.12 +.51 –36 261 10 ê38 16 64 C B 50.6 JPMorgC 4.9 JPM 31.01 +1.23 –56 28m 13ò46 75 29 C C+75.7 KBFncl 7.8 KB 26.12 –.98 –64 282 3o88 49 85 C A 16.3 LakeldB 3.7 LBAI 10.87 +.28 –46 34 14k95 69 94 B A 30.1 LakeFinl 2.7 LKFN 23.00 +.93 –43 29 14k7 23 12 C D–38.7 LloydsT 36 LYG 7.39 +.02 –36 373 2o

59 44 55 C C+108 M&TBnk 5.1 MTB 55.22 +1.59 –45 768 8ò72 27 87 D B 38.0 MBFinl 2.6 MBFI 27.41 +1.42 –42 122 20k77 39 82 C B 23.7 MnSrce 3.9 MSFG 14.81 +.27 –26 55 12k38 11 50 C B 29.8 MarshIl 9 MI 13.08 +.51 –59 1.8m ..ò23 44 27 D B 54.0 MorgStan 7.1 MS 15.19 +.29 –63 14m 10o94 65 96 B A 36.5 NBTBncp 2.9 NBTB 27.89 +.42 +18 166 17 ê96 73 91 A C+20.0 NatPenn 4.6 NPBC 15.04 +.63 –48 375 10k85 56 89 C B–17.4 NewAlliB 2.2 NAL 12.91 +.38 –42 566 27o82 89 60 A B–88.9 NorthnTr 2.2 NTRS 50.33 +2.52 –58 1.1m 11ò79 37 93 C B 28.2 OldNtlBc 5.2 ONB 17.86 +1.07 –20 565 16 ê58 44 46 B B–29.4 OldSecBc 5.6 OSBC 11.37 –.05 –41 39 6k47 69 17 B D–24.4 OrientFn 9 OFG 6.10 +.01 –64 138 2 ê45 39 58 B E 88.0 PNCFinl 5.7 PNC 46.18 +2.49 –51 3.2m 11ò75 35 83 D A–28.0 PacfcCap 5.3 PCBC 16.65 +.70 –45 272 23 ê91 51 95 B A–16.6 PacfcCn 2.8 PCBK 14.23 +.19 –67 6 13k66 17 92 C B–42.1 FCmtBc 4.9 PACW 26.04 +.98 –71 99 16k78 26 90 B C+84.3 ParkNatl 5.7 PRK 67.08 +2.83 –52 31 13 ê94 49 90 B B+21.8 PeopUtd 3.4 r PBCT 17.58 +.34 –73 1.7m 30ò68 31 75 C B 29.3 PeBcOH 5.1 PEBO 18.05 +.88 –67 7 9k99 84 95 B B 36.6 PinnclFnPt PNFP 29.00 +1.83 +30 136 19k

76 23 86 D C+49.5 PrvtBcp .9 PVTB 31.79 +1.27 –64 131 .. ê83 62 86 B D+46.5 ProspBs 1.9 PRSP 28.34 +1.09 –37 319 13ò92 71 90 D B 21.5 ProvidFS 2.9 PFS 14.96 +.36 –33 436 20k75 43 78 B C 26.0 Renasnt 4.1 RNST 16.57 +.59 –40 61 10k87 57 96 B D+35.5 RepBKY 1.9 RBCAA 25.90 +1.09 –70 53 13k48 68 45 B D 52.0 RoyalBk 5.4 r RY 29.06 +.57 –65 590 7o90 52 94 B B 47.1 S&TBcp 3.6 STBA 34.70 +1.04 –25 171 15k89 62 91 B B–45.2 SCBTFi 2.0 SCBT 34.10 +1.43 –47 19 14k29 54 29 B E 73.6 SVBFincl SIVB 24.77 +.79 –55 430 7ò93 62 95 B A–36.1 SYBcp 2.5 SYBT 27.50 +.05 +2 40 16k76 19 90 C B+31.7 SndySp 4.3 SASR 22.23 +.44 –18 52 13k37 52 34 B E 119 Shinhan 2.8 SHG 45.99 –1.71 –32 85 5 ê93 66 92 B B 26.7 SierraB 3.2 BSRR 20.96 –.38 –25 11 10k93 83 83 C B+50.77SigntrBk SBNY 26.82 +1.15 +15 400 18 ê83 38 88 C A–43.9 SimnsFt 2.6 SFNC 28.70 +.31 –57 17 15k96 78 73 A C 24.5 SmthBcp 1.0 SMTB 16.08 +.10 –38 15 10 ê99 87 92 A B–27.0 SouthsBc 2.3 SBSI 22.20 +.72 –30 32 12 ê55 18 70 C B–23.5 SWBcOK 3.1 OKSB 12.29 +.52 –59 23 11k41 6 63 D D+17.0 StateBcp 4.2 STBC 9.53 +.34 –14 21 21 ê81 14 90 B B+22.7 Stellar 3.8 STEL 16.87 +.76 –17 62 16k88 68 90 C C+18.6 SterlngB 5.6 STL 13.65 +.81 –35 85 14 ê93 64 94 A B–49.0 SuffkNY 2.5 SUBK 35.59 +1.00 –15 37 15k44 20 43 D B 15.4 SunBcpNJ SNBC 7.49 +.17 –51 30 12k35 31 45 D C 70.0 SunTrst 7.5 STI 28.86 +1.09 –71 1.8m 8ò80 34 80 B B–27.7 SusqBnc 6.8 SUSQ 15.32 +.71 –55 377 11k54 19 74 D C+18.8 Synovus 2.9 SNV 8.20 +.37 –58 2.2m 22ò54 16 70 B C+28.0 TCFFinl 7.8 TCB 12.77 +.35 –42 942 10ò26 23 27 E D+21.9 TaylorC TAYC 5.59 –.21+194 61 .. ê59 44 61 C C 29.9 TxCapBsh TCBI 13.01 +.20 –50 115 12 ê94 63 98 B B–59.3 Tompkns 2.3 r TMP 59.30 +4.30 –58 27 19 ê30 36 36 B D 72.5 TorDmBk 5.6 TD 34.89 +1.37 –24 1.3m 7o94 69 98 C A–27.9 TwneBk 1.3 TOWN 23.90 +.74 –3 58 24k89 35 99 B A 32.8 TricoBc 2.1 TCBK 24.87 +.38 –23 71 22 ê69 23 89 C C+34.0 Trustmk 4.5 TRMK 20.64 +1.06 –66 180 13k31 51 48 E B–44.5 UBS UBS 14.05 +.32 –46 2.1m ..o91 81 91 C D+69.6 UMBFi 1.5 r UMBF 46.24 +1.33 –48 151 21k68 57 66 B B–42.2 USBancp 7.1 USB 24.11 +.40 –51 9.5m 9ò65 7 90 C B+23.1 Umpqu 1.4 UMPQ 14.00 +.16 –26 448 22k70 93 38 B C 161 Unibanco .1 UBB 63.83 +3.73 –56 1.1m 14o82 23 97 C A–29.2 UnBksh 3.1 UBSH 24.00 +.57 +25 38 20k82 40 96 B C+52.6 UtdBkWV 3.5 UBSI 32.90 +1.39 –38 264 16ò73 13 95 D B+20.5 UtdCmBk 2.6 UCBI 13.59 +.85 –55 131 ..ò89 36 97 C A–39.0 UnivPA 2.5 UVSP 32.39 +.13 –43 14 17k91 69 94 B B–24.8 VallyNBc 4.0 VLY 20.01 +.77+209 2.0m 15ò78 64 76 B D 33.3 WshTr 4.2 WASH 20.00 +.25 –7 41 11k27 9 32 D D+34.9 WbstrFn 9 WBS 13.00 +.62 –66 238 9ò70 50 86 B C+44.7 WellsFg 4.7 WFC 28.80 +.97 –60 27m 12ò94 40 96 B A–35.1 Wesbc 4.3 WSBC 26.29 +1.19 +33 149 15 ê85 30 93 B A–15.3 WestBc 5.2 WTBA 12.22 +.30 –21 24 15k23 3 28 D C+23.0 WstCtB .6 WCBO 6.34 +.37 –48 58 ..k84 58 88 B C+93.7 WAmB 2.8 r WABC 49.91 +1.38 –63 139 16ò50 20 69 C C+27.7 WstnAllBc WAL 9.90 +.95 +4 153 21k64 68 42 A C+123 WstpacBk 9 WBK 59.05 +.30 –9 32 7 ê46 13 52 C B–33.0 Whitny 5.3 WTNY 15.18 +.34 –31 425 12ò65 31 69 B B–46.8 WilmtnTr 6.1 WL 22.46 –.01 +23 860 9k87 62 88 B B 16.5 WilshB 2.3 WIBC 8.76 +.24 –23 154 9 ê48 32 55 D C+44.9 Wintrst 1.8 WTFC 19.80 +.62 –41 155 13k82 23 92 C A–17.9 YadknVF 3.6 YAVY 14.25 –.02 –33 21 15x37 20 39 C D 57.1 ZionBcp 5.6 ZION 22.89 +1.17 –32 1.9m 5ò

9. TELECOM88 69 81 A B–42.8 AT&T 5.8 T 28.23 +.37 –45 20m 9ò80 74 62 A B–26.5 Adtran 2.5 r ADTN 14.49 +.76 –43 468 11ò51 3 62 B B+15.5 AlskCom 9 ALSK 8.99 +.26 +4 427 21 ê75 90 40 A C+67.4 AmMovl 1.7 AMX 30.19 –.20 –51 4.3m 9o75 74 65 C C+46.1 AmerTower r AMT 28.25 +.80 –45 2.8m 99o98 84 78 A A–36.8 AtlTele 2.9 ATNI 24.60 +.65 –32 29 9 ê46 57 37 C D–40.4 BCE 6.0 r BCE 19.78 +.78 +48 3.6m 8o48 52 35 B C 55.0 BritTele 13 BT 19.95 +.60 –47 172 4 ê71 87 39 B B–46.8 Belden 1.0 BDC 19.84 +1.57 –49 366 6o77 85 49 B B 85.7 BraslTel 8.2 BRP 37.87 –.27 –58 84 5x54 48 52 B D–38.6 BraslTlc 7.4 BTM 17.46 +.47 –56 53 5x88 86 61 A C 37.1 Cellcom 14 CEL.21.81 +1.23 –48 115 8 ê69 60 66 C C 42.0 CntryTel 10 CTL 26.83 +.13 –33 1.6m 8o96 96 74 A B+90.0 ChinaMbl 3.2 CHL 50.00 +.74 –57 1.5m 12o75 76 62 B B–92.0 ChinaTel 2.9 CHA 37.19 +.17 –31 376 8o71 63 55 C B+25.1 ChinaUni 2.3 CHU 12.09 –.27 –2 2.5m 17o87 72 77 A B+22.5 ChungTel 6.5 CHT 15.53 +.16 +6 2.4m 12o63 95 17 A D–56.5 Comscope CTV 14.95 +.60 –69 672 4o99 91 88 A B+55.7 Comtech CMTL 45.24 +.87 –43 241 13o88 91 64 B C 20.2 ConsolC 13 CNSL 11.34 +.54 +27 195 14 ê

32 20 32 D B 43.2 CrownCstl CCI 17.01 +.64 –69 1.3m ..o82 80 86 D B–23.1 DeutTele 7.8 DT 15.33 +.54 –51 913 13o96 66 95 C B 31.8 EMSTech ELMG 26.66 +.69 –29 111 20 ê27 22 32 D E 41.7 EchoStarn SATS 14.08 +.89 –28 211 .. ê78 69 75 B C 50.1 Embarq 8.0 r EQ 34.42 +.24 –36 1.2m 6o93 77 86 B B 38.5 FrnceTel 8.4 FTE 28.56 +.86 –16 437 10 ê70 78 24 A B–101 Garmin 3.8 r GRMN 19.69 +1.06 –22 1.6m 5o34 42 26 .. B–24.8 GlblCrsg GLBC 7.50 –.11 –62 111 ..o87 92 67 A D 66.7 Harris 2.1 HRS 37.39 +1.21 –43 771 10o35 39 19 B D–58.4 HughCom HUGH 16.94 +.08 –75 26 8 ê89 74 85 D B 5.2 HutchTel HTX 3.90 +.05 –87 202 6 ê95 74 96 B B 29.0 InterDig IDCC 27.03 +1.40 –23 586 50o49 22 73 C D–21.0 IowaTele 11 IWA 13.93 +.56 –10 282 18o4 15 8 E E 36.0 iPCSInc IPCS 6.36 +.50 –69 47 .. ê

65 50 64 C A–27.3 KTCorp 4.8 KTC 14.46 –.12 –36 693 5 ê36 8 44 D B 61.7 LeapWire LEAP 25.26 –.18 –24 1.0m ..o64 45 73 E B 36.8 LoralSpce LORL 14.97 +.09 –61 25 .. ê58 81 40 B E 28.0 MagyarT 17 MTA 13.73 –.32 –37 31 5 ê99 88 92 B A 15.7 MasTec MTZ 10.80 +.15 –13 514 12o84 59 84 B B–21.9 MetroPCSn PCS 14.24 –.07 –39 1.6m 26o76 88 33 A B–122 Millicom MICC 45.40 +1.04 –41 883 8o49 75 20 B E 105 MobilTel 8.1 MBT 27.39 +.72 –71 913 4 ê59 82 25 A D–57.1 NIIHldg r NIHD 17.78 +.73 –53 1.6m 6o91 75 98 B B 20.4 NTTDoCo 2.1 DCM 19.69 +.46 –30 439 15 ê95 89 78 A B 30.5 NeuStar r NSR 18.80 +.24 –35 610 13o89 74 78 B D+23.0 NeutTandn TNDM 15.25 +.27 –18 152 28 ê94 77 97 C A–28.0 NippnT&T 1.7 NTT 27.23 +.98 –7 1.3m 9o70 68 52 B C 39.2 Nokia 3.8 NOK 15.77 +.78 –53 9.3m 6ò34 47 12 A E 21.7 NortelInv NTL 4.49 ... –94 2 4 ê91 71 86 B A–32.1 nTelos 4.3 NTLS 24.47 +.42 –49 116 22 ê72 44 58 B B 47.6 PTIndos 3.4 IIT 25.18 +1.05+168 116 11 ê88 83 72 A D–24.7 PrtnrCo 7.8 r PTNR 16.11 +.58 –40 136 8 ê71 61 70 B D+76.7 PhilLD .1 PHI 46.34 –.31 –12 221 10 ê98 82 78 A B+56.9 Qualcm 1.8 r QCOM 34.94 +.84 –49 12m 15ò79 98 23 A C 148 RschInMt RIMM 38.77 –.04 –54 13m 11o85 56 88 B A–75.0 Rostele .7 ROS 53.34 –.52 –72 33 23 ê34 29 34 E B–38.5 SBAComm SBAC 15.59 +.52 –48 1.5m ..o62 16 79 C A+30.4 SKTelecm 4.2 SKM 17.83 –.22 –36 1.4m 11 ê98 84 99 B A–NH ShndCm 1.1 SHEN 27.84 +1.70 +32 145 26 ê98 99 81 A C+19.77Starentn STAR 11.64 +1.12 –20 306 14o55 7 84 D C+19.1 Surwest SURW 10.35 –.67 –12 50 94 ê83 96 54 A D 22.9 Syniverse SVR 10.90 +.34 –33 707 7o36 51 29 D C 44.3 TIMPartc 6.6 TSU 12.62 +.21 –12 355 90 ê54 14 85 D B+39.6 VidSanN .9 TCL 21.01 –.24 –46 162 46ò86 56 89 C B+17.7 Tekelec r TKLC 12.96 +.42 –13 500 14o57 46 59 B D+28.1 TelNort .9 TNE 13.98 +.35 –51 862 4 ê52 50 35 A D–24.0 TelecmArgt TEO 8.27 –.22 –90 44 4 ê78 81 72 A E 30.7 TeleSao 10 TSP 19.51 +.64 –48 106 7 ê71 52 81 C B 31.8 TelItal 5.6 TI 16.13 +.10 –25 256 10 ê81 59 79 B B 102 Telefon 3.9 r TEF 67.63 +1.57 +65 1.0m 10 ê74 37 83 B B+27.2 TelfnMe 3.2 TMX 20.81 +.11 –50 1.0m 8o63 52 64 B C 46.1 TelkmIn 5.4 TLK 24.67 +.55 –53 221 9 ê56 47 66 C C 66.2 TelData 1.3 TDS 30.92 +.83 –35 382 17o80 52 75 C B+20.0 TelmxInt 2.0 TII 11.73 +.04 –68 308 20o78 79 62 B D+49.2 TelusA 5.5 TU 28.47 +1.42 +75 491 8 ê92 96 65 A D+41.4 TrimblNv r TRMB 20.80 +.99 –42 665 13o94 98 74 A B–28.0 Turkcell 4.2 TKC 14.02 +.13 –64 501 6o81 77 70 C B+85.9 USCell USM 42.55 +2.05 –33 173 14 ê81 59 87 C B–44.8 Verizon 5.5 r VZ 33.23 +.09 –41 13m 12o95 85 92 B B 35.4 Viasat VSAT 24.43 +1.15 –37 124 16 ê49 77 10 B D+44.4 Vimpel 6.4 VIP 7.37 +.07 –61 3.2m 4o71 62 65 B B 38.3 Vodafone 7.0 VOD 19.76 +.85 –57 2.3m 7o

10. AEROSPACE96 93 87 B A 38.5 AAR AIR 17.69 +.86 –14 469 9 ê90 87 78 B C 117 AllintTch ATK 83.86 +2.30 –19 284 11o46 68 31 B E 34.2 Astronics ATRO 8.24 +.22 –2 41 7 ê50 55 47 B C 89.1 Boeing 4.1 BA 41.25 +1.26 –49 4.5m 8o73 81 60 B E 56.1 CurtsWrt 1.0 CW 31.53 +1.64 +8 544 12o58 71 47 C D 38.5 Ducmmun 1.8 DCO 16.34 +.84 –35 113 7o25 59 31 .. D 48.5 Embraer 3.8 ERJ 15.55 +.89 –51 522 11 ê89 93 72 C B–62.9 Esterline ESL 35.79 +1.36 –48 144 10 ê67 87 60 B E 95.1 GenDyn 2.5 r GD 56.41 +1.88 –59 1.4m 9ò90 95 66 B B–73.3 Goodrich 2.7 r GR 36.57 +2.12 –30 1.2m 7 ê97 93 91 B B+56.9 Heico .3 HEI 38.40 –.77 +20 220 21o95 93 85 B B+43.3 HeicoA .4 HEIA 28.41 –.21 –45 28 15 ê79 93 63 B E 27.0 IntgrlSys ISYS.11.94 +1.81 +72 670 11 ê72 96 30 A D+27.0 LMIAerospc LMIA.10.31 +.70 –73 23 6 ê80 81 75 B C+120 Lockhee 2.7 r LMT 84.29 +3.75 –47 1.7m 11ò94 86 74 B B+49.2 MoogA MOGA 33.57 –.64 +13 239 12k64 76 53 C C+83.4 NorthrpG 3.6 NOC 44.48 +1.39 –49 1.4m 8ò

85 74 73 B B 27.9 OrbitalSci r ORB.19.06 +.38 –30 443 18o71 91 45 B D 142 PrecCast .2 PCP 58.14 +2.49 –59 789 7ò91 86 83 B B 67.5 RaythnB 2.2 RTN 50.67 +1.59 –59 1.6m 12x85 88 62 A B–72.8 RockColl 2.5 COL 38.05 +1.32 –42 754 9ò31 26 25 B D–35.1 SpiritAer SPR 9.03 +.52 –16 1.2m 3 ê97 93 74 B B 66.2 Teledyne TDY 42.21 +2.06 –5 252 13ò42 79 11 A D–71.7 Textron 7.1 TXT 12.89 +.14 –31 3.5m 3ò96 97 81 A C+46.57TransDg TDG.31.09 +1.26 –43 277 11o93 94 69 B B–83.0 Triumph .4 r TGI 40.00 +.11 –17 194 7k

11. FOOD/BEV94 88 89 B C 49.0 ArchrDan 1.8 ADM 28.72 +.02 –52 4.2m 7o87 83 67 B B–56.3 Cadbury 1.2 CBY 35.17 –.03 –36 316 11 ê68 9 92 B B 48.8 CalMne 5.2 CALM 29.19 +1.68 –35 214 5o58 15 77 C C+21.7 Calavo 3.0 CVGW 11.48 +.32 –74 12 33k86 80 76 B D–40.9 CmpblSp 3.4 r CPB 29.50 +.75 –32 2.1m 14o71 57 77 E C+25.8 Chiquita CQB 14.08 +.24 –50 423 12o87 60 89 C B+64.2 CcColaB 2.2 COKE 45.12 +1.13 –50 11 27 ê91 79 75 A C+65.6 CocaCo 3.4 KO 44.93 +.52 –47 7.9m 14o59 54 47 C B–27.0 CocaClEn 2.3 CCE 11.97 +.39 –50 2.2m 8o93 57 80 B B 63.8 CocaCFm 1.1 KOF 44.22 +1.06 –36 107 13 ê66 80 31 B C 50.1 CcColaH 2.7 CCH 14.40 +.36 –59 52 7 ê79 60 71 C B–24.9 ConAgra 4.7 r CAG 16.34 +.23 –19 4.1m 14o94 93 70 B B–55.0 CornPr 2.0 CPO 28.00 +.95 –40 650 7o70 66 76 C B–29.2 DeanFds DF 18.00 +.94 –28 1.9m 16o91 97 81 D C 32.17DimdFd .9 DMND.19.65 +.62 –3 440 18o56 43 56 C D 26.9 DrPepSnn DPS 16.44 –.22 –10 2.2m 8o96 89 79 A D+23.0 EmbtldB 1.7 AKOB 13.75 +.35 –62 6 10 ê98 83 86 B C 32.7 FlowrsF 2.5 r FLO 24.06 +.68 –55 582 20o82 70 68 C C+49.8 Fomento 1.5 FMX 29.94 +.46 –62 533 13o72 21 80 C B+39.8 FrshDelM FDP 22.12 –.13 –7 571 7o88 75 88 B E 72.0 GenMills 2.9 GIS 59.71 +1.01 –50 2.0m 15o79 75 53 C C+32.6 HainCelstl HAIN 18.38 +.54 –52 246 13o99 94 93 A B 45.7 HansenNat r HANS 34.35 +1.17 –28 1.2m 19o87 76 72 A D+53.0 HeinzHJ 4.4 HNZ 37.98 +.84 –49 1.7m 13o79 42 87 B C 44.3 Hershey 3.4 HSY 35.34 +.94 –33 867 19ò76 48 77 C B 42.8 HormelFd 2.4 HRL 30.95 +.39 –32 494 14 ê93 56 96 C A 36.1 J&JSnack 1.1 r JJSF 34.92 +.80 +60 107 23k89 75 76 A C 58.5 Kellogg 3.1 K 43.19 +1.11 –8 2.7m 14o87 63 81 B C+35.0 KraftFdA 4.4 KFT 26.60 +.08 –36 8.4m 14o77 16 94 C B+25.2 Lance 2.9 LNCE 22.20 +.18 –5 193 63 ê92 73 80 B B–42.1 McCorm 3.0 MKC 31.82 +.73 –65 350 15k75 70 62 C B–42.0 PepsiBtl 3.1 r PBG 22.08 +.89 –49 1.3m 9o94 83 83 C B–34.7 PepsiAmr 2.6 r PAS 20.39 +.28 +8 600 10 ê92 75 71 A C 79.8 PepsiCo 3.1 PEP 54.88 +.81 –43 5.0m 15o64 67 40 B C+66.8 Perdigao PDA 25.50 +.31 +5 224 18 ê98 83 89 C C 74.1 Ralcorp RAH.57.90 +1.17 –53 527 16 ê67 23 88 D B 50.5 SandrFa 1.7 r SAFM 33.64 +.80 –68 125 .. ê66 57 63 B E 16.3 SaraLee 4.6 SLE 9.59 +.26 –58 2.5m 9o77 66 75 C E 33.1 Sensient 3.3 SXT 23.02 +.64 –19 426 12 ê48 27 58 D C+32.2 SmithfldF SFD 13.42 +1.15 –27 2.0m 63o93 74 84 B B–56.7 Smucker 3.0 r SJM 43.21 +.79 –54 1.4m 13o33 45 25 B D–52.2 Synutran SYUT 11.37 +.35 –71 14 .. ê60 23 89 C C 35.0 TootsieR 1.3 TR 25.54 +.96 –9 190 30 ê96 55 95 C B 31.6 TreeHseFd THS 27.23 +.91 –24 446 18o43 30 47 E C+19.5 TysonA 1.9 TSN 8.55 +.70 –61 3.1m 23o85 60 75 A C+37.3 Unilever 3.8 UN 24.59 +.30 –28 2.3m 12o84 60 69 A B–38.2 Unilever 4.3 UL 22.93 +.27 –27 1.0m 11o37 69 8 B D+145 WimmBD 1.5 WBD 23.21 –.93 –34 158 7o

12. BUILDING99 88 95 B B+23.0 AAON 1.5 AAON 21.20 +.47 +4 160 14 ê88 86 72 B A–53.9 Acuity 1.5 AYI 33.83 +.67 –16 631 8ò99 92 94 C A–34.57AecomTecn ACM 28.00 –1.20+101 2.2m 19o

41 12 82 E C 32.4 AWod 2.0 AMWD 17.91 +.83 –39 42 .. ê71 70 63 B B 138 Ameron 1.9 AMN 61.56 +3.70 –15 166 9o78 88 51 B B–26.0 ApogeE 3.1 r APOG 10.18 +.10 –36 179 5 ê32 27 56 .. B–39.4 ArmstrW AWI 20.92 +.83 –15 321 8 ê52 55 56 C D+74.2 BlackDc 3.9 r BDK 42.66 +.37 –34 606 7o96 78 88 B B–41.9 CRHPlc 3.8 CRH 25.27 –.62 –60 78 6 ê21 9 61 E D 41.6 CavcoInd r CVCO 24.21 +.70 –13 26 39k43 30 24 B B 32.6 Cemex CX 9.13 +.07 –51 4.2m 4o22 1 40 E B+30.3 Centex CTX 10.45 +.58 –50 3.1m ..o61 93 14 A B–63.5 ChicgB&I 1.6 CBI 9.75 –.15 –37 1.2m 3o94 95 72 B B–15.8 ComfrtS 1.8 r FIX.10.23 +.84 –8 390 9 ê68 59 70 D B+75.1 DeltcTm .7 DEL 44.15 +2.08 –49 39 88 ê24 25 44 C C+29.3 DrewIndu DW 11.67 +.14 –10 208 9 ê49 20 50 C B+38.9 EagleMat 2.3 EXP 17.23 +.30 –37 637 15o14 46 15 E E 24.1 FerroCp 8.9 FOE 6.54 +.52 –56 317 .. ê87 94 52 B C+101 Fluor 1.1 FLR 44.16 –.02 –48 2.8m 13o52 64 66 C D–27.8 FullerHB 1.7 r FUL 15.57 +.98 –61 198 9k57 93 11 A D–50.1 Gafisan 2.5 GFA 8.88 +.64 –38 593 4 ê

IBD Composite RatingEarnings Per Share Growth RatingRelative Price Strength RatingSales+Profit Margins+Return On EquityAccumulation/Distribution (last 3 mos)

52-wk Dividend Close Vol% Vol PHigh Stock % Yield Symbl Price Chg Chg 1000 E6 6666

IBD Composite RatingEarnings Per Share Growth RatingRelative Price Strength RatingSales+Profit Margins+Return On EquityAccumulation/Distribution (last 3 mos)

52-wk Dividend Close Vol% Vol PHigh Stock % Yield Symbl Price Chg Chg 1000 E6 6666

IBD Composite RatingEarnings Per Share Growth RatingRelative Price Strength RatingSales+Profit Margins+Return On EquityAccumulation/Distribution (last 3 mos)

52-wk Dividend Close Vol% Vol PHigh Stock % Yield Symbl Price Chg Chg 1000 E6 6666

IBD Composite RatingEarnings Per Share Growth RatingRelative Price Strength RatingSales+Profit Margins+Return On EquityAccumulation/Distribution (last 3 mos)

52-wk Dividend Close Vol% Vol PHigh Stock % Yield Symbl Price Chg Chg 1000 E6 6666

IBD Composite RatingEarnings Per Share Growth RatingRelative Price Strength RatingSales+Profit Margins+Return On EquityAccumulation/Distribution (last 3 mos)

52-wk Dividend Close Vol% Vol PHigh Stock % Yield Symbl Price Chg Chg 1000 E6 6666

IBD Research Tables With 10 Vital Ratings

B6 WEDNESDAY, DECEMBER 31, 2008 NASDAQ STOCKS IN THE NEWS INVESTORS.COM

AMERICAN SCIENCE & ENG (ASEI) Group 6 o$70.8298 Comp. Rating 77 EPS RS 98 ROE 11% 8.2M SharesMANUFACTURES X-RAY INSPECTION SYSTEMS USED FOR SECURITY APPLICA-TIONS BY HOMELAND SECURITY AND PORT AUTHORITIES.

-17% Ann. EPS Gro PE 36 Avg. Daily Vol 143,200 Debt 6%Last Qtr Eps +73%5 Prior Qtr -55%6 Last Qtr Sales +50%1 Qtrs EPS) 15%Eps Due 2/11R&D 7%

Acc/Dis B-Sup/Demand 81

SOUTHSIDE BANCSHARES INC (SBSI) Group 11 $22.2099 Comp. Rating 87 EPS RS 92 ROE 14% 12.3M SharesHOLDING CO FOR SOUTHSIDE BANK AND FORT WORTH NATIONAL BANKOPERATING THROUGH 44 OFFICES IN 9 EAST TEXAS COUNTIES.

+15% Ann. EPS Gro PE 13 Avg. Daily Vol 45,400 Debt 19%Last Qtr Eps +76%6 Prior Qtr +122%5 Last Qtr Sales +31%4 Qtrs EPS) 15%Eps Due 2/1

Acc/Dis B-Sup/Demand 35

86 61 97 C B 50.0 GraniteC 1.2 GVA 42.60 +1.88 –14 1.1m 14o61 80 24 B C 70.7 HomexDvlp r HXM 21.78 +.34 –19 531 5 ê87 92 56 A B 103 JacobsEng JEC 46.68 +2.33 –52 1.6m 13ò48 44 53 E B+29.0 KBHome 1.9 KBH 13.44 +.35 –38 2.9m ..ò81 91 58 C A–42.0 KBRInc 1.3 KBR 15.23 +.39 –65 1.7m 8o46 55 37 E B+22.7 LennarA 1.8 LEN 8.66 +.30 –48 4.1m ..o84 83 85 C D+42.2 Lennox 1.8 r LII 31.24 +.81 –12 610 11o58 47 70 E B 48.6 MDCHld 3.4 MDC 29.45 +1.10 –36 603 ..o18 13 42 E E 26.0 MIHomes .5 MHO 9.77 +.73 –54 107 .. ê81 50 81 B B–134 MrtMar 1.7 MLM 96.25 +.69 –14 786 20o27 8 42 D B–23.5 Masco 8.7 MAS 10.81 +.30 –68 2.3m 14o23 12 42 E C+29.5 Meritage MTH 11.19 +1.57 –19 884 ..o37 26 46 D B 83.1 MohawkInd MHK 41.82 +1.08 –57 602 8o51 14 75 C B–679 NVR NVR 446.8 +3.46 –57 49 10 ê62 42 71 C C+28.6 OwensC OC 16.98 +.27 –39 638 12o83 73 67 B B+45.2 Perini r PCR 23.24 +1.29 –19 686 6o50 12 81 E B+19.7 PulteHom 1.5 PHM 10.60 +.56 –54 4.1m ..o89 96 62 B B 35.4 Quanta PWR.19.29 +.93 –35 3.2m 20o59 71 53 B C+25.2 RPMIntl 6.0 RPM 13.25 +.49 –31 1.0m 7k39 23 47 E B+37.9 RylandGp .7 RYL 16.72 +.83 –40 1.2m ..ò48 51 27 C B 69.3 ShawGp SGR 19.77 +.50 –59 1.3m 11ò71 34 94 D B 32.0 SmpsnMf 1.4 r SSD 27.96 +1.23 –30 257 25o27 12 63 E C+34.6 Skyline 3.8 SKY 19.12 +.52 –6 69 ..k79 75 74 C B–51.1 SmithAO 2.7 AOS 28.58 +1.15 –29 166 8k79 89 67 B C+62.2 SnapOn 3.1 SNA 38.48 +1.19 –57 324 9 ê63 66 66 B D–52.2 Stanley 3.9 SWK 32.99 +1.04 –56 408 8 ê97 81 92 B A 22.0 SterlCons r STRL 18.36 +.56 –31 124 12 ê20 26 15 E C+37.8 TecmsehA TECUA 9.43 +.40 –60 60 .. ê59 40 57 C B 80.4 TexasIn .9 TXI 34.51 +1.35 –38 384 11ò51 74 34 D C 22.7 Thermadyn THMD 6.98 +.07 –59 32 5 ê8 9 28 D D 38.6 ThorInd 2.2 THO 12.65 +.29 –33 276 11o

58 10 85 D A–28.0 TollBros TOL 20.59 +.89 –65 1.6m 14o67 48 71 B B 55.3 Toro 1.9 r TTC 32.14 +1.09 –45 238 10 ê89 74 98 E B 21.7 Trex TWP 15.74 +1.10 –38 126 ..o89 73 88 C B+56.0 URS URS 37.72 +.63 –27 1.3m 14o6 23 7 E E 40.3 USG USG 7.40 +.14 –27 1.4m ..o

40 6 78 E B 38.4 UnivFrst .5 UFPI 26.53 +1.77 –47 98 82 ê63 58 77 C C+25.0 Valspar 3.4 r VAL 17.50 +.56 –23 743 11o81 26 90 B B 87.8 Vulcan 2.8 VMC 69.48 +2.15 –38 1.1m 25o77 62 83 C B 61.1 Watsco 4.7 WSO 38.29 +.63 –21 268 16o75 59 84 C B–33.0 WattsWa 1.8 WTS 24.60 +1.09 –27 368 12o12 23 30 E E 74.2 Weyerha 3.3 r WY 30.64 +.69 –35 1.7m ..o11 23 22 E C+24.1 Wnnbgo 7.9 WGO 6.04 +.46 –51 204 ..o

13. FINANCE42 59 24 B D–119 AffiltMgrs AMG 40.42 +3.23 –42 762 6o82 88 71 A D+75.1 AlliancDta r ADS 46.00 +.76 –40 916 10o43 48 17 B B 78.0 AlliBern 12 AB 18.89 +1.66 +43 856 5ò43 53 57 D D+72.0 Amerco UHAL 32.99 +2.48 –3 57 17 ê17 46 1 B E 37.9 AmCpLtd r ACAS 2.94 +.06 +26 6.1m ..o32 48 23 B D 52.6 AmerExp 4.0 r AXP 18.00 +.30 –36 11m 6o95 71 94 A B–23.9 APhySv 1.4 r AMPH 21.87 +.45 –28 12 7 ê54 60 31 C B 57.6 Amerprs 3.1 r AMP 21.91 +2.16 –41 2.3m 5ò51 41 37 B C+20.3 ApollInv 23 AINV 8.88 +.68 +3 1.6m 6o71 74 54 B C+249 Blackrck 2.4 BLK 129.7 +5.48 –31 471 15ò22 8 17 C D 23.2 Blackst 19 r BX 6.26 –.20 –34 1.2m ..o74 29 94 C A–26.7 BlckH&R 2.7 r HRB 22.37 +.66 –29 2.0m 15o57 47 61 B C 24.0 BrdrdgF 2.2 BR 12.55 +.02 –55 477 8 ê50 35 45 C C+21.6 BrkfInf 10 BIP 10.59 +.08+356 222 .. ê61 79 27 A C 686 CMEGrp 2.3 r CME 200.2+16.44 +23 1.9m 11o41 76 13 C C+31.4 Calamos 3.5 CLMS 6.31 +.64 –48 147 5 ê35 20 52 C C 63.5 CaptlOne 4.9 r COF 30.86 +1.55 –67 2.9m 6ò83 96 66 B C 48.9 CashAmer .5 CSH.25.73 +.76 +31 556 8ò86 80 86 B C+39.2 CassInfo 1.7 CASS 30.32 +.07 +63 26 15 ê25 36 18 B E 32.7 CohenStr 3.8 CNS 10.51 +.60 –39 178 8k92 91 70 A B–31.5 CreditAcc CACC 14.37 +.35 –32 16 5 ê38 15 37 D C+60.6 CrdSuis 5.6 CS 27.52 +.80 –15 988 ..o86 99 62 A D+20.4 Cybrsrce r CYBS.11.59 +.65 –27 789 18 ê72 92 36 A C 31.3 DollarFin r DLLR 10.07 +.46 –66 95 4 ê75 31 89 D C+22.8 DuffPhlpn DUF 18.51 +.75 –33 72 30 ê50 51 35 B C 46.3 EatnVan 3.1 EV 19.90 +1.40 –36 864 11 ê52 29 74 B C+16.0 ElctrRnt 5.5 ELRC 10.95 +.29 –42 71 15 ê78 76 67 A C 40.0 Equifax .6 r EFX 26.04 +1.05 –8 1.0m 10 ê73 78 44 B B+30.7 EuronetWW EEFT 11.15 +.31 –37 300 8 ê64 45 75 E B 21.9 Evercore 3.9 EVR 12.43 –.77 +14 156 42 ê96 98 93 A D 19.3 EzcorpClA EZPW.14.81 +.56+105 1.2m 12ò55 81 3 B C 53.3 FCStonen r FCSX 3.53 –.22 +2 854 2ò49 58 30 A E 45.0 FedInvs 5.7 FII 16.82 +.68 –32 1.1m 7ò79 68 73 B B 24.4 FidNInfo 1.3 r FIS 15.86 +.14 –45 1.1m 10 ê83 66 92 C B 26.9 FinlFedl 2.6 FIF 22.68 +.59 –45 160 11 ê96 89 98 A B–20.0 FstCshFinl r FCFS 18.00 ... –19 195 16ò85 83 65 A C 56.8 Fiserv r FISV 35.63 +1.08 –57 1.0m 11 ê67 61 53 B C 115 FrankRes 1.3 r BEN 63.41 +3.92 –33 1.2m 9ò78 80 68 B C+51.5 GATX 3.6 r GMT 29.99 +1.41 –27 482 8ò35 33 26 B D+73.4 GAMCO .5 GBL 26.18 –.26+154 212 12 ê

GILEAD SCIENCES INC (GILD) Group 21 o$51.3399 Comp. Rating 90 EPS RS 94 ROE 66% 892.3M SharesDEVELOPS THERAPEUTICS FOR THE TREATMENT OF VIRAL, FUNGAL,RESPIRATORY AND CARDIOVASCULAR DISEASES.

+42% Ann. EPS Gro PE 25 Avg. D. Vol 10,157,700 Debt 38%Last Qtr Eps +22%5 Prior Qtr +7%6 Last Qtr Sales +30%1 Qtrs EPS) 15%Eps Due 1/23R&D 14%

Acc/Dis A-Sup/Demand 70

ATHENAHEALTH INC (ATHN) Group 2 o$36.8099 Comp. Rating 82 EPS RS 97 ROE 62% 16.9M SharesPROVIDES BILLING, COLLECTIONS AND MEDICAL RECORD MANAGEMENTSOFTWARE FOR PHYSICIAN PRACTICES.

... Ann. EPS Gro PE 88 Avg. Daily Vol 434,400 Debt 1%Last Qtr Eps +100%6 Prior Qtr+1000%5 Last Qtr Sales +35%6 Qtrs EPS) 15%Eps Due 3/5R&D 7%

Acc/Dis B+Sup/Demand 75

LIFE PARTNERS HOLDINGS (LPHI) Group 3 $40.5399 Comp. Rating 93 EPS RS 99 ROE 123% 5.8M SharesBROKERS SERVICES FACILITATING VIATICAL AND LIFE SETTLEMENT TRANS-ACTIONS WORLDWIDE.

+265% Ann. EPS Gro PE 21 Avg. Daily Vol 154,100 Debt 5%Last Qtr Eps +56%5 Prior Qtr +30%6 Last Qtr Sales +47%8 Qtrs EPS) 15%Eps Due 1/14

Acc/Dis B-Sup/Demand 75

V S E CORP (VSEC) Group 23 $38.9999 Comp. Rating 99 EPS RS 97 ROE 30% 4.0M SharesPROVIDES ENGINEERING, DEVELOPMENT, TESTING, LOGISTICS AND MANAGE-MENT SERVICES PRIMARILY TO THE U.S. MILITARY

+48% Ann. EPS Gro PE 11 Avg. Daily Vol 41,100 Debt 0%Last Qtr Eps +58%5 Prior Qtr +32%5 Last Qtr Sales +76%9 Qtrs EPS) 15%Eps Due 2/21

Acc/Dis B+Sup/Demand 59

40 33 30 B C+19.9 GldstnC 21 GLAD 7.82 +.49 –19 118 5 ê90 90 67 A D–49.9 GloblPay .2 GPN.33.00 +.48 –25 568 15ò94 54 92 B B 92.9 Greenhi 2.6 r GHL 68.11 +.40 –13 251 29o

77 79 54 B B–29.0 HrtldPay 2.2 HPY 16.55 +.06 –9 252 15 ê47 60 53 .. E 35.9 IntrctBrkn r IBKR 17.09 +1.03 –55 316 7ò91 94 67 A B 193 IntcntlEx ICE 80.10 +3.73 –40 1.3m 17o

52 74 13 A E 37.7 IntlAsst IAAC 8.40 –.15 –5 40 2 ê54 55 41 B C 31.7 Invesco 3.8 r IVZ 13.86 +1.00 –55 1.8m 8 ê66 72 45 A E 53.4 InvTech ITG 22.08 +1.10 –44 298 8o

53 24 92 D B 32.2 JacksnHw 4.6 JTX 15.51 +.17 –52 158 12 ê42 61 11 B C 36.9 JanusCap .5 JNS 7.63 +.49 –61 1.5m 6ò44 23 60 E D+29.0 JeffrsGp r JEF 13.80 +1.04 –7 1.4m ..ò61 23 84 E B+45.6 KBWInc KBW 22.94 +1.23 –71 78 .. ê10 23 13 E E 25.6 KaynAEn 25 KED 6.55 –.17+130 168 .. ê

99 92 91 B C+19.8 KnightCap NITE 15.72 +.58 –71 492 10ò42 22 64 .. C 50.0 LazardL 1.4 LAZ 28.54 +1.91 –41 592 12 ê43 44 25 C B–75.3 LeggMs 4.5 LM 21.28 +1.37 –62 1.6m 4o

77 62 88 B D–36.6 LenderPS 1.4 LPS 29.01 +1.17 –22 670 11 ê46 93 14 B E 55.0 M&FWorld r MFW 14.07 +.20 –32 82 4 ê51 43 43 A D 38.4 MSCIIncn MXB 16.96 –.07 –39 385 22ò43 9 65 .. B 16.5 MVCCap 4.4 MVC 10.91 +.40 0 118 90 ê86 97 56 A C+320 MastrCd .4 MA 139.1 –.25 –53 1.8m 17o

79 73 69 B B+32.5 McGthR 4.0 r MGRC 20.09 +.98 +12 125 11 ê15 8 14 E B–59.6 MerrlLyn 12 MER 11.27 +.20 –56 15m ..ò70 57 71 B C 26.5 Metavnten MV 16.01 +.61 –10 366 11ò85 82 68 A B–26.1 MobileMini MINI 14.25 +.68 –42 136 9 ê42 38 32 B D–18.0 NGPCap 20 NGPC 7.85 +.20 +35 211 8 ê68 84 32 A B+88.6 NYSEEur 4.6 r NYX 25.96 +1.93 –39 3.2m 8o

90 97 63 A C+49.9 NasdaqOMX NDAQ 23.64 +1.20 –64 1.5m 12o

24 43 3 B D 46.5 NatlFinP NFP 3.00 +1.04+230 2.9m 1o

74 61 93 D B+19.8 Nelnet NNI 13.37 +.52 +12 250 8 ê73 88 38 A C+31.6 Net1UEPS UEPS 13.43 +.33 –57 251 8 ê26 8 41 E D+17.9 Nomura 3.6 NMR 8.28 +.22 –31 435 .. ê35 46 19 B E 49.4 OppenHl 3.6 OPY 12.06 +.84 –27 37 6 ê31 42 20 B D+99 Orix 4.1 IX 28.10 +.09 –6 66 4 ê60 70 40 B D–19.4 PensonW PNSN 7.04 +.33 –59 132 5 ê

70 23 92 E B 49.4 PiperJaff r PJC 39.40 +2.89 –21 220 ..ò82 66 69 A B–52.7 PortRec PRAA 32.51 +1.62 –49 91 11o

62 65 45 B C 70.2 PrceTR 2.9 r TROW 33.42 +2.14 –53 1.9m 13o

51 59 38 C D–38.3 RaymJam 2.7 r RJF 16.50 +.20 –3 2.0m 8ò80 96 63 A D–26.4 RiskMetn RMG 14.31 +.21 –36 174 30 ê53 77 47 C C+76.6 Ryder 2.5 R 36.93 +1.77 –19 1.0m 8o

61 58 47 B B–32.5 SEI 1.0 r SEIC 15.28 +.84 –23 852 11 ê96 86 96 C A–22.5 SWSGrp 2.0 r SWS 18.16 +1.16 +68 384 14o

83 83 55 A D+28.8 Schwb 1.5 r SCHW 15.50 +.49 –61 5.4m 14ò69 82 39 A D+86.6 StateStr 2.6 STT 37.56 +1.78 –33 3.8m 6x

98 72 96 A B 60.6 StifelFin SF 45.40 +2.98 –3 357 17o

14 19 20 D C 138 StdntLn 14 STU 39.82 +5.42 –1 50 11k

47 75 25 B E 25.4 TNSInc TNS 9.01 +.36 –45 135 6 ê76 93 49 A D–28.4 TALIntl 11 TAL 13.98 +2.02 +26 162 6 ê69 66 57 B B–29.5 TotalSys 2.0 TSS 13.94 +.27 –22 815 10ò44 70 32 C D+22.7 UtdRental URI 8.72 +.74 –40 616 3 ê46 83 15 B B–24.4 VeriFone PAY 5.59 +.52 +1 1.7m 7o

94 99 76 A B 89.8 Visan .8 V 50.99 –1.18 –54 4.1m 22o

66 66 29 A B–38.0 WaddllR 5.3 WDR 14.47 +.83 +17 1.3m 9x

66 75 43 A C+28.6 WstnUn .3 r WU 14.10 +.10 –57 3.5m 11o

87 81 46 A B 53.3 WestwdH 4.7 WHG 25.49 +1.67 +53 42 10 ê68 82 42 A C+46.0 WrldAcptc WRLD 19.59 +1.07 –51 108 5ò63 73 22 A B–35.9 WrightExp r WXS 12.59 +.86 –9 418 6 ê

14. AUTO&PARTS33 44 41 B E 28.0 ATCTech r ATAC 13.60 +1.21 +24 218 7 ê89 73 83 B C 45.5 AdvAuto .7 r AAP 33.09 +1.53 –48 780 12o

88 68 74 B B 23.1 AmerCar r CRMT.12.56 –.13 –73 62 7 ê22 75 5 C E 18.1 ArvMerit 15 ARM 2.56 –.14 +75 2.8m 1o

19 62 31 C E 62.6 Autoliv 4.0 ALV 21.00 +.47 –52 542 4 ê51 31 70 E C 18.7 Autonation AN 9.45 +.88 –43 1.7m 8o

96 79 96 A B 143 Autozone r AZO 137.3 +4.56 –13 1.3m 13o

36 61 35 C C 56.0 BorgWrn 2.3 r BWA 21.15 +.99 –39 1.3m 7o

85 82 55 A D–49.3 Copart CPRT 26.47 +.35 –36 714 14o

51 93 30 B D 76.0 Cummins 2.7 CMI 25.53 +1.26 –55 2.0m 5o

49 62 44 B B–97.9 Daimler 8.3 r DAI 38.06 +1.96 –23 718 5o

86 55 96 C A 14.8 Dorman DORM 12.94 +.35 –30 11 13 ê29 29 36 B B–19.5 Gentex 5.2 r GNTX 8.52 +.20 –49 1.1m 11 ê91 68 85 B B 47.8 GenuiPrt 4.2 GPC 37.44 +1.83 –22 1.2m 11o

21 72 10 C E 30.1 Goodyear GT 5.60 +.18 –43 3.2m 2o

28 23 27 D D+30.2 Grp1Auto 2.0 r GPI 10.23 +.23 –46 327 3o

50 55 56 C C+36.4 HondaM 3.2 HMC 21.29 +.56 –52 784 7o

45 73 39 C C+37.1 JohnsnCt 2.9 JCI 17.91 +1.15 –30 3.6m 7ò75 97 46 B C 25.0 LKQCorp LKQX 11.38 –.06 –36 1.2m 14o

4 18 27 D E 82.0 MagnaA 2.5 MGA 28.49 +1.74 –37 762 5o

54 36 47 B B–19.1 Midas MDS 9.00 +.75 –3 70 14 ê4 31 10 E D–19.6 Modine 9 MOD 4.30 +.03 –52 144 .. ê

95 77 98 C B 26.2 MnroM 1.0 MNRO 23.88 +.88 –55 82 20k

26 74 14 .. C 79.1 Navistar NAV 19.86 +.94 –42 487 4o

13 21 24 C D–22.0 Nissan 7.1 NSANY 7.17 +.16 –53 414 3 ê98 60 95 B B+32.7 OReillyAuto ORLY 30.16 +.92 –42 1.1m 18 ê49 69 51 B C+56.4 Paccar 2.6 r PCAR 28.01 +1.40 –57 2.2m 8o

12 20 33 E C 23.0 SuperrIn 6.5 SUP 9.86 +.60 –27 290 ..x17 69 4 D C+29.6 TRWAuto TRW 3.40 +.41 –54 775 1o

29 74 13 D D 38.0 TitanInt .3 TWI 7.89 +.61 –52 377 12 ê43 31 58 B C+117 Toyota 3.9 r TM 64.58 +.58 –40 850 8o

37 86 16 A E 54.9 WABCOn 1.9 WBC 14.93 +.41 +3 739 3o

15. ENERGY33 74 5 A D+52.3 ATPO&G r ATPG 5.41 +.13 –38 689 1o

68 93 35 B D+44.4 AegeanM .3 ANW 15.46 +.41 –5 560 17o

43 72 45 B E 31.0 AlliaHld 11 AHGP 13.50 +.18 –23 66 9o

39 43 65 B D–58.0 AllncRes 10 ARLP 26.17 +.45 –22 107 9o

32 98 13 C E 119 AlphaNtRs ANR 15.59 +.73 –40 2.1m 8o

65 42 83 B D–36.9 Amerigas 9 APU 27.69 +.03 –18 73 14o

57 84 53 C C 81.4 Anadarko .9 r APC 37.95 +.06 –52 4.1m 6o

75 94 51 A C+149 Apache .8 APA 73.64 +.65 –46 2.9m 5o

50 93 21 A E 30.0 Approachn AREX 6.48 +.48 +19 116 5 ê49 99 19 B C+77.4 ArchCoal 2.3 ACI 15.91 +.34 –50 3.2m 6o

75 99 52 A D 57.6 ArenaRes ARD 27.14 +.98 –49 364 12 ê43 82 17 B D 50.1 AtlasAm 1.4 ATLS 14.52 +.32 –44 248 11 ê47 85 21 A E 45.4 AtlasEn 19 ATN 12.25 +.58 –23 358 5o

12 32 3 D E 37.0 AtlasPpl 55 AHD 3.67 +.07 –22 146 .. ê13 35 3 D E 46.0 AtlasPi 73 APL 5.20 +.16 0 879 ..o48 99 14 A E 63.5 AtwoodOcn ATW 14.81 +.52 –19 1.0m 4o

36 62 29 A E 34.9 BJSvcs 1.8 BJS 11.38 +.51 –52 3.8m 5ò89 92 71 A B–77.7 BPplc 7.2 BP 45.82 +.50 –35 5.4m 5o

85 95 71 A D+108 BPPrdh 16 BPT 71.85 +1.52 +26 202 6o

49 91 25 A E 90.8 BakrHugh 1.9 BHI 31.95 +.77 –43 3.6m 6o

62 89 33 B C+60.9 BarrettBl BBG 20.73 +.82 –3 791 9o

54 82 33 A C 33.0 BasicEn r BAS 11.98 +.77 –48 177 5 ê31 88 28 .. E 35.2 BaytexE 15 BTE 11.39 –.08 –32 340 4o

32 96 3 A E 62.2 BerryPe 4.3 BRY 7.00 +.55 –13 1.1m 1o

85 92 70 A E 32.3 BdwkPpl 10 BWP 17.76 +.05 +93 1.0m 8o

34 83 15 A E 30.2 BreitBrn 32 BBEP 6.48 +.26 –12 198 3 ê39 47 39 B B–58.5 Bristowgp BRS 24.57 +2.13 +26 590 8o

81 88 53 A B–29.9 BuckGP 10 BGH 12.69 –.24 +35 96 13k

76 60 67 A D+51.1 BuckeyeP 11 BPL 31.03 +.37 –8 157 10k

39 65 16 A D+58.5 CoGnGeoV CGV 14.94 +.24 –35 147 5o

87 98 57 A B 206 CNOOC 5.0 CEO 94.79 +4.69 –43 554 6o

97 97 89 A B 45.5 CNXGas CXG 27.33 +.49 –63 174 19 ê62 93 42 A D–72.9 CabotO&G .5 COG 25.67 +.77 –15 2.0m 11o

18 89 2 D D–28.9 CallnPet CPE 2.25 –.08 –60 482 1o

59 96 27 A D–58.5 Cameron CAM 20.44 +.42 –33 3.3m 8o

57 91 33 A D–109 CdnNtRe .8 CNQ 38.92 +1.38 –67 1.6m 6o

30 74 10 B D 51.8 CdnSolar CSIQ 6.68 +.60 –42 1.0m 3o

66 75 68 A D 62.6 CarboCe 2.0 r CRR 34.45 +.56 –32 419 15o

52 94 13 A C 76.3 Carrizo CRZO 15.39 +.82 –21 651 8o

49 94 13 A D+55.7 ChartInds GTLS 10.62 +.26 –41 285 4 ê45 89 16 A D–74.0 ChesEngy 1.9 CHK 15.65 +.05 –67 9.8m 4x

90 91 79 A D 104 Chevron 3.5 CVX 73.38 +1.83 –52 9.8m 6o

39 8 55 B D+151 ChinaPet 3.3 SNP 61.49 +.40 –68 249 ..o49 92 33 A E 74.5 Cimarex .9 XEC 26.53 +.70 –52 741 3o

51 51 70 B D 121 ClayWEgy CWEI 42.90 +3.71 –3 95 5 ê21 23 28 D B–20.0 CleanEnn CLNE 6.14 +.02 –47 455 ..o45 87 15 A E 37.8 CompPdS CPX 7.68 +.29 –32 600 3o

85 82 91 A B–90.6 ComstckRes CRK 46.59 +2.15 –44 740 13o

86 89 80 B C+41.07ConchoRn CXO 22.43 +.41 –33 622 11o

74 91 50 A D 96.0 ConocPh 3.7 COP 51.45 +2.45 –40 9.3m 4ò48 89 26 B D–119 ConslEng 1.4 r CNX 28.18 +.33 –56 2.7m 19o

87 74 86 A B 95.2 Contango r MCF 55.96 +4.35 –16 122 8o

65 98 39 A C+83.8 ContlResn CLR 20.62 +.23 –60 667 8o

33 66 17 B E 39.8 CopanEn 21 CPNO 10.81 +1.03 –6 460 9 ê64 97 32 A D–146 CoreLa .7 CLB 60.24 +2.20 –41 258 10o

96 92 83 A B+30.4 CovantaH r CVA 22.73 +.32 –38 769 19 ê61 90 42 A E 64.3 CrosTim 10 CRT 28.00 –.05 –62 13 6 ê11 31 1 C E 38.2 Crosstex 49 XTXI 2.59 +.10 –27 557 3 ê8 16 3 C E 34.5 Crosstx 55 XTEX 3.63 +.02 –19 277 .. ê

20 15 17 C C+46.1 DCPMidP 27 DPM 8.72 –.44 –2 207 .. ê30 86 11 A E 80.0 DawsnGeo DWSN 16.59 +.68 –17 123 3o

53 98 23 A E 40.3 DenbryRes DNR 10.54 +.73 –33 2.6m 6o

76 92 55 A C 127 DevnEngy 1.0 DVN 65.49 –.06 –35 4.1m 6o

62 98 31 A D 147 DiamndOf .8 DO 60.07 +.60 –45 1.4m 6o

67 67 72 A E 27.5 DomRsBW 21 DOM 16.66 +.36 –31 18 5 ê70 92 55 A E 36.5 DorchMn 24 DMLP 15.38 –.14+109 175 6o

58 98 31 B E 42.5 DresserR r DRC 17.01 +.64 –47 433 9 ê36 85 20 A E 65.4 DrilQuip r DRQ 19.54 +.56 –61 252 7o

70 66 68 C B 23.7 DuncanE 12 DEP 13.35 +.13 –23 69 11 ê70 96 53 A D–144 EOGRes .8 EOG 65.82 –.32 –44 2.5m 8o

38 51 37 C D+34.5 EVEngy 22 EVEP 13.18 +1.18 +18 159 10 ê89 99 70 A E 27.9 Ecopetr 2.5 EC 18.50 +.66 –73 9 6 ê90 85 72 A B–25.7 ElPasoP 8.0 EPB 15.09 –.26 –21 187 13 ê22 40 32 .. E 52.5 EnbrEM EEQ 23.10 –.12 +53 120 11 ê48 65 36 B E 53.5 EnbrEner 16 EEP 24.60 +.11 –3 363 7o

76 61 75 B D 46.8 Enbridge 3.7 ENB 32.23 +.61 –7 780 17 ê71 90 52 A D+99 Encana 3.5 ECA 46.15 +1.76 –55 2.2m 6o

53 85 40 A D+79.6 EncoreAcq r EAC 24.54 +1.14 –48 443 5o

46 74 37 C D–28.7 EncoreE 22 ENP 11.84 +.01 +61 127 7 ê48 74 38 C D 83.3 EnergyCnv ENER 24.84 +1.39 –49 1.5m 33o

61 75 46 A E 35.4 EngyTEq 11 ETE 16.30 ... +10 763 9ò85 80 73 A C+54.6 EngyTsfr 10 ETP 33.30 +.05 +1 811 9ò48 86 27 A E 50.6 Enerplus 13 ERF 18.93 –.05 –20 1.0m 3o

89 92 69 A B–85.2 ENISPA 8.9 E 47.63 +1.33 –55 369 5 ê57 93 24 A D 83.2 EnscoInt .4 r ESV 27.55 +.28 +7 3.8m 3o

73 98 48 C C 37.1 EnterpGP 10 EPE 17.27 –.31 +40 379 13o

80 94 62 B D 32.6 EntpsPrd 10 EPD 20.00 +.01 +2 1.3m 10o

23 53 23 B D 82.9 ExterranH r EXH 20.55 +.73 –44 685 6o

31 56 28 A E 34.5 ExterrP 18 EXLP 10.00 +1.10+190 114 6 ê95 93 87 A C 96.1 ExxonMbl 2.0 XOM 78.59 +.57 –52 25m 8o

52 97 23 A D–83.2 FMCTech FTI 23.46 +.83 –47 1.1m 8o

46 24 66 C D–23.2 Ferllgas 13 FGP 14.47 +.18 +7 128 27o

64 74 47 A C+317 FstSolar FSLR 135.7 –.34 –55 2.4m 40o

40 89 11 A E 83.1 ForestOil FST 16.05 +.14 –51 1.1m 3o

9 23 10 C D–89.7 FdtnCoal 1.5 r FCL 13.05 +.23 –35 1.3m ..o45 39 32 B B–42.7 FrontOil 2.0 r FTO 12.30 +.67 –54 1.4m 5o

61 99 38 A D–88.4 GMXResrcs GMXR 24.38 +.98 –77 109 12 ê5 16 2 D E 21.1 Geokinetic GOK 2.09 –.24 +72 92 .. ê

42 32 75 D C 86.2 GoodrPet GDP 29.45 +1.74 –53 573 14o

7 10 13 E D 25.5 GreenHtrn GRH 5.05 +.21 –44 17 .. ê23 55 18 C C 52.6 GulfIsl 3.0 GIFI 13.40 –.15 –68 61 5o

57 98 26 A D–71.0 GlfMrk GLF 22.55 +.57 +3 332 3 ê54 87 27 A D–55.4 Hallibtn 2.0 HAL 17.73 +.25 –25 14m 6o

26 76 6 B E 42.8 HelixEn HLX 6.87 +.46 –64 877 2o

48 92 27 A E 77.2 HelmPay .9 HP 21.83 +.63 –51 1.2m 5o

72 97 39 A D+137 Hess .7 HES 53.77 +1.52 –40 3.1m 5o

51 56 30 A C+56.8 Holly 3.3 HOC 18.06 +.81 –36 716 7o

44 29 44 B B–47.0 HollyEn 14 HEP 21.19 +.57 –57 22 13 ê41 80 16 A E 59.4 Hornbeck HOS 15.50 +.30 –43 355 4 ê60 81 41 A E 37.9 HugotnRy 2.2 HGT 15.76 +.76 +10 336 5o

84 94 60 A C+63.1 ImprlOil 1.0 IMO 33.75 +.85 –63 309 7o

40 32 50 C D–32.1 Inergy 15 NRGY 16.00 +.13 –23 157 19 ê48 74 33 D C 41.6 InterOil IOC 11.75 +.87 –23 267 26o

24 17 67 E C+62.8 JamesRivr JRCC 14.40 –.28 –56 828 ..o80 72 80 A E 60.9 KindrME 9.0 KMP 45.47 +.29 –43 691 26ò61 68 74 .. D 55.1 KindMrMg KMR 39.23 +.22 –44 260 27 ê41 74 22 A E 52.4 LDKSolrn LDK 13.50 +.83 –46 1.4m 4o

47 87 39 B E 58.3 LaynChrst LAYN 22.07 +1.41 +87 616 8o

19 27 23 C D 25.8 LegcyRes 25 LGCY 8.28 +.03 +62 213 .. ê65 74 73 D B–25.8 LinnEngy 16 r LINE 14.98 +.83+152 3.7m ..o76 69 66 B D+61.4 Lubrizol 3.5 LZ 35.12 +1.47 –46 385 8 ê53 95 27 A E 95.2 Lufkin 3.0 LUFK 33.32 +.59 –48 160 6 ê15 77 20 .. E 29.5 MVOilTr MVO 7.70 +.20 +40 51 3 ê61 84 54 B E 27.0 MagellM 10 MGG 13.64 +.19 +6 497 10o

80 79 73 A C 45.0 MagMds 9 MMP 28.83 +.36 –20 228 9o

59 80 41 A C+63.2 Marathn 3.6 MRO 26.65 +.73 –46 4.7m 4o

45 88 21 A E 37.4 MarinerE ME 9.85 +.40 –54 782 2o

14 32 9 C E 38.5 MarkWst 33 MWE 7.75 +.03 –7 559 ..o51 68 38 A E 37.7 MrtnMd 20 MMLP 14.65 –.25 –30 31 6 ê44 98 14 B D–95.7 MasseyEn 1.8 MEE 13.62 +.45 –18 4.1m 5o

50 98 16 C C 26.9 MatrixSvc MTRX 6.97 –.39 +74 590 7ò23 74 7 B E 67.1 McDermott MDR 9.53 +.66 –46 3.5m 4o

34 74 29 C E 35.5 McmornExp MMR 9.52 +.48 –45 903 2ò82 80 99 A C 55.9 MexcoEn MXC 13.66 +.07 –10 9 14 ê74 97 39 A C+101 MurphOil 2.3 MUR.43.63 –.61 +15 2.7m 4o

38 72 18 A E 50.6 NaborsInds NBR 11.55 +.34 –48 4.4m 3o

22 54 12 B E 56.9 NatcoGpA NTG 14.25 +.31 –49 130 6 ê54 99 20 A E 92.7 NatlOilVr NOV 24.39 +.51 –47 5.6m 5o

57 96 32 A C+33.0 NGSvcs NGS 10.27 +.47 –37 93 8 ê60 87 41 A D+41.7 NatRsPt 12 NRP 17.10 +.75 –13 197 9o

51 81 25 A C+69.8 NewfldExpl NFX 19.28 +.44 –42 1.4m 5o

75 85 45 A B 42.7 Nexen .9 NXY 17.07 +.28 –72 1.9m 3o

44 91 22 A E 69.0 Noble .7 NE 21.80 –.29 –22 4.9m 3ò81 96 60 A B 105 NobleEnr 1.5 NBL 48.59 +.89 –35 1.7m 6o

91 81 81 B B–57.27NustarEn 10 NS 39.45 +.53 +28 292 7ò81 78 74 A D–29.9 Nustarn 10 NSH 16.76 –.25 +60 453 10ò78 66 74 B C 36.6 OGEEnrg 5.6 OGE 25.44 +.69 –8 812 9 ê26 80 16 C E 76.7 OYOGeo OYOG 17.35 +.19 –45 32 7 ê88 97 70 A B 100 OcciPet 2.2 r OXY 58.44 +2.08 –30 6.5m 6o

48 82 27 A D 82.5 Oceanrng OII 28.81 +.46 –39 592 8o

62 96 26 A D+64.8 OilStIntl r OIS 18.27 +.98 –51 530 3o

91 93 74 A D+64.9 ONEOKPtr 9 OKS 43.91 –.26 –14 157 7o

42 55 59 C E 57.7 OrmatTch .7 ORA 29.60 +.53 +45 437 26 ê19 61 15 C E 41.7 PHInv PHIIK 12.50 +.66 –44 44 5 ê69 87 44 A C+40.0 PanhanO 1.6 r PHX 17.15 +.06+127 66 6 ê17 74 7 .. E 82.2 PatriotCn PCX 6.41 +.30 –53 1.5m 42o

40 75 29 B D–37.5 PattUTI 5.7 PTEN 11.25 +.17 –65 1.7m 4o

53 98 22 A D 88.7 PeabdyEn 1.1 r BTU 22.50 +.54 –47 5.6m 6o

59 96 28 A D–81.0 PennVA .9 PVA 25.08 +.82 –55 372 8 ê55 71 19 B B–36.2 PenVaGP 15 PVG 9.80 –.40 –15 63 8 ê44 53 34 B E 30.2 PennVAR 17 PVR 10.95 +.15 +15 242 9o

25 56 20 A E 35.5 PennWstE 30 PWE 10.79 –.12 +11 4.0m 4o

65 95 48 A E 27.8 Permian 9 PBT 13.58 –.06 –29 274 5o

59 93 32 A E 62.8 PetroCn 2.9 PCZ 21.80 –.32 –22 2.2m 2o

83 69 64 A A–182 Petchina 4.5 PTR 87.88 +3.03 –60 388 8o

68 85 59 B B–54.5 Petrohawk HK 15.42 +.55 –61 2.7m 20o

68 95 26 A C 64.9 PetrbrsA .3 PBRA 19.89 +1.03 –56 6.1m 4 ê71 95 26 A B–77.6 Petrobrs .3 PBR 23.73 +1.33 –54 13m 5o

51 91 21 A C+79.1 PetroDev PETD 22.79 +.81 –35 129 6o

34 78 10 A E 82.2 PionrNtr 2.0 PXD 15.85 +1.05 +21 3.7m 3o

74 95 56 A D–22.7 PionSwE 16 PSE 12.45 –.71 +71 110 4 ê71 57 67 B B–52.8 PlainAl 10 PAA 32.50 +.72 +7 674 11o

55 93 30 A C+79.9 PlainsEx PXP 22.59 +.89 –43 1.4m 3o

29 62 27 A E 28.6 PrecDril 16 PDS 8.68 –.06 –23 1.4m 3o

53 97 27 A D–48.9 PrideIntl PDE 15.70 +.37 –64 1.2m 5o

81 96 50 A B–74.9 Questar 1.5 STR 32.33 +.62 –25 1.6m 8o

65 99 24 A D–26.9 QkslvGs 14 KGS 9.40 –.19 –23 47 12 ê49 99 5 A E 45.0 Quickslvr KWK 5.35 +.18 –24 3.2m 4o

79 87 55 A B 18.9 RPC 2.5 RES 9.54 +.27 –39 197 11ò71 92 53 A C 76.8 RangeRes .5 RRC 33.87 +1.00 –21 2.8m 16o

33 74 13 C E 34.8 RegncyE 24 RGNC 7.39 –.04 –20 290 9 ê62 70 52 A D–44.9 Repsol 2.8 REP 21.42 +.61 0 745 5o

45 99 14 A E 29.7 RosettaR ROSE 6.75 +.50 –42 410 3o

35 65 23 B D+47.9 Rowan 2.5 RDC 15.73 +.36 –53 2.1m 3o

89 82 70 A B 88.7 RoyDShA 5.1 RDSA 52.95 +1.61 –48 1.8m 4 ê85 82 70 A C 87.5 RoyDShB 6.3 RDSB 51.05 +1.22 –51 591 4 ê84 92 70 A E 70.8 SabnRylt 9 SBR 41.02 +.92 –38 24 7 ê80 79 73 A D–47.3 SanJuanB 6.3 SJT 29.75 +2.71+242 671 10o

22 74 5 B E 69.4 Sandrdgen SD 5.58 +.04 –4 3.4m 8o

94 96 94 A C 67.9 Sasol 4.8 SSL 30.00 +1.26 –50 464 5o

60 92 28 A E 111 Schlmbrg 2.0 r SLB 42.12 +1.21 –43 8.8m 9ò76 76 70 A C+97.8 SeacorHldg CKH 65.08 +2.62 +9 320 7 ê49 94 14 A E 88.4 Smith 2.1 SII 22.75 +.50 –14 3.8m 6o

94 98 84 A C+52.7 SouthwstEn SWN 29.67 +.86 –45 4.2m 20o

72 81 49 A C+29.2 Spectra 6.4 r SE 15.61 +.46 +1 4.3m 7o

77 55 87 B C 26.2 Spectra 7.1 SEP 19.78 –.20 +46 84 14 ê28 64 15 D B–26.5 Spire SPIR 5.41 +.53+376 475 .. ê57 96 29 A D–65.6 StMaryLE .5 SM 19.72 –.08 +4 960 4o

60 63 43 B B–43.3 Statoil 4.2 STO 16.43 +.37 –46 1.5m 5o

12 58 6 B E 74.0 StoneEgy SGY 10.33 +.65 –31 619 1o

74 20 88 B B–42.6 SuburbP 9 SPH 34.39 +.40 +79 242 10o

50 93 20 A E 74.3 SuncrEr .8 SU 19.31 +.54 –61 4.0m 5ò82 63 90 B B–73.7 Sunoco 2.8 SUN 43.05 +.56 –46 2.4m 8o

94 87 88 B B–55.47SunocoLg 8.8 SXL 43.62 +.35 –9 87 9ò49 73 28 A C+138 SunPowrA SPWRA 36.34 +.98 –50 1.1m 18ò52 73 24 A C 74.0 SunPwrB SPWRB 29.87 +.67 –54 479 15ò40 87 10 A E 90.0 SuntechP STP 11.89 +1.20 –27 4.1m 8o

56 94 21 A D+57.8 SuperEgry SPN 15.17 –.23 –35 790 3o

49 85 18 A D 35.8 SuperWell SWSI 9.25 +.48 –60 89 6 ê47 97 16 A E 68.5 SwiftErgy SFY.16.42 +.78 –21 608 2o

67 57 59 A D+37.7 TCPipeln 12 TCLP 22.81 +.19 –47 55 8o

44 94 5 A D+84.8 T–3Engy TTES 8.74 +.34+128 543 3 ê33 74 13 C E 29.7 TargaRes 30 NGLS 6.81 +.14 –14 411 3 ê53 54 44 B D+39.9 TeppcoP 15 TPP 18.50 +.24 +31 540 10o

31 99 8 .. D 36.8 Tesco TESO 6.34 –.31+122 530 4o

40 33 45 B D–49.1 Tesoro 3.0 TSO 13.54 +.88 –16 6.9m 13o

67 85 60 A D 71.3 Tidewatr 2.5 r TDW 39.53 +.92 –40 762 5o

90 91 71 A B–91.3 TotalSA 4.8 TOT 55.28 +1.21 –38 2.5m 5o

60 77 65 C E 41.5 TransCda 4.1 TRP 27.34 +.70 –16 576 11 ê45 73 34 B E 32.9 TrnsMon 18 TLP 12.99 +.69 +9 60 6 ê46 92 16 A E 163 Transocn RIG 46.93 +.55 –26 8.7m 3o

3 9 3 B E 43.4 TricoM TRMA 4.00 +.20 –62 118 1 ê45 99 15 A E 56.5 TrinaSol TSL 10.10 +2.27+210 3.1m 2o

68 97 30 A C 102 UltraPt UPL 34.03 +.73 –24 1.9m 13o

73 82 60 C C+40.8 Ultrapar 7.4 UGP 21.39 +.24 +26 202 11 ê57 95 28 A E 88.2 UnitCorp UNT 26.17 +1.22 –53 563 3o

64 70 35 A B+71.1 ValeroEn 2.8 r VLO 21.55 +.72 –57 5.9m 4o

44 88 23 A D–60.0 WTOffshr .9 WTI 13.77 +.69 –42 541 3o

50 96 14 A E 50.0 WeathIntl WFT 10.70 +.70 –24 11m 5ò96 98 78 A C 17.5 WstnGas 9 WES 12.42 –.61 –53 51 16 ê52 94 25 A C+112 WhitingP WLL 32.05 +1.09 –54 608 4o

35 67 40 .. D 25.3 Whiting 56 WHX 10.91 –.09 +8 90 3 ê24 73 8 C E 47.9 Willbros WG 7.94 +.26 –52 420 5o

53 97 28 A E 40.8 WmsCo 3.1 WMB 14.32 +.40 –56 3.8m 5o

55 97 17 A E 39.4 WmsPtrs 22 WPZ 11.11 –.13 +9 406 3o

65 77 80 .. E 20.8 WmsPipl 9 WMZ 13.56 +.51 –19 96 2 ê97 95 99 B B+39.5 WldFuel .4 r INT 38.46 +2.67 +14 816 10o

74 88 52 A C 73.7 XTOEnrgy 1.4 XTO 34.89 –.11 –39 6.2m 8o

16. ELECTRONICS29 22 34 B C 19.9 AUOpt 7.9 AUO 7.36 +.60 –41 2.0m 2o

99 94 98 B B 38.77AeroVir AVAV.35.41 +1.01 –17 338 29o

55 93 27 A C+38.0 Agilent A 14.88 –.11 +73 7.2m 6o

64 94 39 A E 52.3 AmphenlA .3 r APH.23.63 +.84 –44 1.3m 10ò49 88 27 B D+75.1 Anixter r AXE 28.33 +.74 –44 410 4 ê89 59 97 D B–18.9 AppldSg 2.9 APSG 17.17 +.22 +3 122 27o

82 67 78 C C 27.8 ArgonST STST 17.41 +.21 –24 104 18 ê49 70 45 C C+40.1 ArrowElec ARW 18.37 +.45 –56 551 5 ê56 76 48 C C+36.8 Avnet AVT 17.84 +.79 –60 825 5ò98 90 92 B C 79.7 AxsysTech AXYS.51.08 +4.35 +16 346 24 ê41 12 72 C B 31.5 BelfusB 1.3 BELFB 21.63 +.79 –52 18 19 ê53 71 71 D C+20.0 BenchmrkEl r BHE 12.35 +.46 +99 1.3m 9 ê54 40 42 C B–18.3 CPIIntl r CPII 7.54 –.19 +97 62 6 ê38 73 30 D C+14.0 CTS 2.1 r CTS 5.63 +.08 –34 182 6 ê52 99 10 A E 23.1 ChinaSecn CSR 4.50 –.10 –36 251 2o

72 84 58 B B–28.1 Cognex 4.1 r CGNX 14.52 +.72 –63 119 14 ê55 71 60 D B–38.5 Coherentn COHR 21.18 +.82 –54 75 13 ê51 94 25 A E 28.1 Corning 2.2 r GLW 9.01 +.30 –53 9.2m 5o

75 39 89 D B–40.5 Cubic .7 CUB 25.89 +.24 +68 206 17 ê78 84 66 A C+88.9 Danaher .2 DHR 55.61 +1.01 –40 1.8m 13ò66 81 47 A D 86.0 Dionex DNEX 43.62 +.61 –25 116 15 ê94 91 78 B E 64.2 ElbitSy 1.7 ESLT 45.75 +2.33 +23 29 14 ê38 5 70 C B–29.1 FEI FEIC 18.02 +.58 –46 193 23 ê52 30 57 B B 36.2 FaroTech r FARO 16.52 +.52 –64 50 13 ê98 97 79 A D–45.5 FLIRSystms FLIR 29.79 +1.61 –18 1.6m 25o

52 23 75 E D+20.4 HerleyInds HRLY 11.39 +.96 –24 46 .. ê55 79 39 B B–22.7 HtWC 3.6 HWCC 9.32 +.13 –41 92 6o

81 94 58 A C 22.4 IPGPhot IPGP 12.59 +.42 –44 140 16 ê68 95 32 A C 48.3 II–VI r IIVI 18.59 +.50 –27 206 10ò79 88 57 A B 106 Itron Inc ITRI 62.37 +3.37 +34 1.1m 18o

71 58 82 C D+100 Kyocera 1.5 KYO 71.87 +2.72 –54 13 14 ê82 82 65 C C+115 L3Comm 1.7 r LLL 72.26 +2.30 –34 813 10o

90 90 89 B C+16.3 LaBarge Inc LB 13.50 +1.15 +2 69 13 ê35 53 32 C C+39.2 Littelfuse LFUS 16.44 +.84 –52 88 10 ê68 89 53 B D 45.3 MTSSys 2.4 r MTSC 25.49 +.44 –59 63 10k

30 55 17 C C 23.3 MeasSpcl MEAS 7.06 +.28 –27 56 6 ê73 90 55 A D–115 MettlerTole MTD 66.79 +1.19 –47 381 11 ê55 80 42 C B+30.6 Molex 4.4 MOLX 13.92 +.58 –52 704 9k

40 80 36 C E 28.0 MolxA 5.0 MOLXA 12.23 +.51 –33 218 8k

63 81 51 A C 29.2 MultFnElc MFLX 11.15 –.18 –75 38 5 ê90 93 82 A C+39.6 NVE NVEC 24.03 –.45 +64 57 14k

55 88 50 D D–24.4 Panason 2.9 r PC 12.34 +.10 +33 683 9 ê45 34 67 C B–30.9 ParkElc 1.7 PKE 19.00 +.35 –14 114 15 ê56 86 33 B D+30.0 Perknelm 2.1 r PKI 13.58 +.19 –24 1.3m 9ò44 62 41 B D 26.8 Plantron 1.5 r PLT 12.95 +.69 –52 229 7ò60 78 55 B D+32.2 Plexus r PLXS 16.23 +.18 –55 203 8k

61 88 41 A E 48.7 Rofin–Sinar RSTI 20.43 +1.17 –17 254 9 ê64 88 44 B C+62.8 ThermoFis TMO 33.54 +.79 –54 2.6m 10o

69 89 41 A B–50.6 ThomasBett r TNB 22.97 +1.15 –47 432 6o

47 88 31 B D–40.3 TycoEle 3.8 r TEL 15.97 +.80 –46 2.2m 5o

64 79 49 B C+68.7 Varian r VARI 31.89 +1.32 –64 108 10k

43 94 21 D D–19.8 VeecoInst VECO 6.51 +.49 –25 342 13 ê60 88 41 A E 81.8 Waters WAT.36.25 +.50 –52 768 11ò52 87 32 B C 46.5 WescoIntl WCC 18.12 +1.37 –36 565 3o

17. SVGS & LN66 55 64 C C+30.0 AstoriaF 6.5 AF 16.01 +.27 –11 1.0m 10k

90 77 93 D B 14.3 BnkMtl 3.2 BKMU 11.34 +.64 –18 194 28k

38 23 52 E E 16.4 BnkFncl 2.9 r BFIN 9.63 –.32+343 317 .. ê89 59 92 C B 13.9 BenefMutn r BNCL 11.17 +.20 –46 66 69 ê94 56 95 C B+32.0 BerkHB 2.2 BHLB 29.50 +1.15 –9 60 14k

64 26 83 D B–16.0 BrklneB 3.4 r BRKL 9.93 +.18 +48 665 41k

95 79 97 C C 51.6 CaptlFed 4.4 CFFN 45.20 –.27 –65 48 64 ê97 78 95 C B 13.0 CliftnS 1.7 CSBK 11.57 +.25 –51 12 82 ê82 77 77 B E 23.6 DimeB 4.5 DCOM 12.52 +.61 +67 364 13k

82 26 95 C B 14.1 ESSABp 1.1 r ESSA 13.98 +.18 –60 24 35k

83 63 80 B B 38.5 FstFHld 5.1 FFCH 19.97 +.22 +35 59 9k

80 44 92 C B 18.0 FFnclOH 5.4 FFBC 12.62 +.25 –46 86 14 ê90 62 96 C B+22.4 FstNiag 3.5 FNFG 16.04 +.74 –17 1.1m 19 ê63 58 54 B D 21.5 FlushFin 4.5 FFIC 11.44 +.18 –46 61 9 ê83 78 81 C E 11.7 HomeBLA HBCP 9.75 +.15 –82 4 22 ê66 22 89 D B–13.1 HmFed 2.0 r HOME 10.80 +.02 –77 8 43k

97 93 83 B D–25.1 HudsCB 3.4 HCBK 15.25 +.56 –62 2.9m 18ò94 75 86 D B 16.2 InvBncp r ISBC 13.33 +.29 –36 183 70o

89 71 94 D B–15.3 Kearny 1.6 r KRNY 12.29 +.14 –66 20 99x

57 46 58 C D+22.0 NYCmtyBc 8.4 NYB 11.89 +.02 –18 2.7m 13o

92 68 91 D B 13.2 NthfldB 1.4 NFBK 11.04 +.23 –44 21 45 ê83 77 78 C D+34.3 NWBcp 4.1 NWSB 21.41 +.76 –57 52 16k

81 64 85 D C+23.0 OceanFt 5.1 OCFC 15.64 +.57 –60 20 12k

89 23 95 C A–18.4 Oritani r ORIT 16.72 +.15 –33 38 72 ê92 82 88 C B 16.4 ProvBc 2.0 PBNY 12.13 +.36 –35 88 19 ê63 18 84 C C+17.5 RomFn 2.5 r ROMA 12.90 +.49 –50 17 80 ê49 9 73 C B 19.7 Sterlng 5.1 STSA 7.88 +.50 –39 476 10 ê83 42 94 D B+13.8 TFSFinc 1.6 r TFSL 12.81 +.16 –47 457 75 ê83 33 90 B A–13.7 TrustcNY 4.6 TRST 9.58 +.19 –9 481 20k

93 80 97 C D+17.1 UtdFnB 1.9 r UBNK 14.84 +.17 –57 44 31 ê70 91 49 D D+20.1 UtdWst 2.7 UWBK 8.98 +.09 –86 2 4 ê82 27 90 C B 20.0 ViewPtF 2.0 r VPFG 16.00 +.17 –79 5 64 ê76 46 83 C B–65.5 WSFSFi 1.0 WSFS 46.45 +1.05 –76 9 12k

51 38 62 D D+27.4 WshFed 1.4 WFSL 13.88 +1.07 –6 998 19x

18. INTERNET76 94 44 A B 40.9 AkamaiTch AKAM 14.46 +.01 –40 2.5m 8o

77 81 54 A B–97.4 Amazon r AMZN 50.76 +1.36 –49 6.0m 34o

48 86 41 C E 18.6 Ariba ARBA 7.20 +.36 –39 792 16ò69 99 25 A D–418 Baidu r BIDU 126.9 +5.08 –68 1.4m 29o

95 75 86 A B+57.3 Bankrate r RATE 38.62 +1.85 +40 559 24o

33 43 31 B D+74.0 BlueNile r NILE 23.67 +.42 –74 77 24o

76 77 62 A B 45.5 DigitalRiver DRIV 23.76 +.47 –67 219 12o

70 91 34 A B–34.3 eBay EBAY 13.96 +.56 –47 9.3m 7ò45 37 57 C C+104 Equinix EQIX 52.48 +1.45 –48 645 99o

31 65 20 B E 32.2 Expedia EXPE 7.80 +.30 –57 1.7m 5o

88 78 87 A C+35.9 F5Netwrks r FFIV.22.52 +1.11 –4 2.3m 15ò30 4 53 D C+19.8 GSICmmrc GSIC 10.02 –.43 –19 443 ..o88 99 71 A C 27.5 GMarket GMKT 17.14 +.16 –84 27 16 ê88 96 51 A B–707 Google GOOG 303.1 +5.69 –45 3.8m 16o

66 31 81 D A 23.8 IACInter IACI 15.77 +.51 –38 1.3m 99o

90 90 87 B C+16.0 Intrwovn IWOV 12.00 +.20 –43 358 17 ê93 87 79 A B–27.4 J2GlblC r JCOM 19.00 +.28 –51 189 11o

68 99 33 A C+80.7 MercadoLn MELI 15.69 +1.59 –23 470 38o

71 88 44 A B–34.3 MonstrWw MWW 11.55 +.77 –49 1.4m 7o

98 90 94 A B 27.2 Netease r NTES 22.10 +.60 –34 641 16o

96 93 89 B B 40.97Netflix r NFLX 28.66 +.73 –64 440 21ò45 71 26 B D+34.6 Omniture OMTR 9.85 +.02 –49 564 25o

63 78 40 A B–34.1 OptXprs 2.5 OXPS 12.64 +1.35 +25 775 7o

37 28 54 E C+29.6 Overstk r OSTK 11.51 +.30 –66 76 ..o81 72 59 A C+33.5 PerfectWn r PWRD 16.68 +.09 –59 173 10o

55 83 39 B E 16.9 PremGlbSv PGI 8.28 +.17 –31 412 8 ê93 99 72 A B 144 Priceline PCLN 70.82 +1.68 –69 504 12o

98 89 95 A B+38.27ShandaInt r SNDA 30.75 +.60 +13 1.0m 12o

73 82 44 A D–58.6 SinaCorp r SINA 22.89 –.18 –29 1.2m 14o

91 91 77 A D–91.5 Sohu.com r SOHU 46.22 +1.26 –60 540 14o

69 72 73 C C+15.8 StampsCom r STMP 9.23 +.52 –34 112 14 ê72 72 69 B B 23.5 TDAmertr AMTD 13.41 +.60 –36 2.4m 10ò93 99 64 A B–28.5 The9Ltd r NCTY 13.68 +.71 –42 76 7 ê12 29 20 .. D+27.0 TktmstrE TKTM 6.27 +.08 –16 344 3o

80 81 71 C D–42.0 WebMD WBMD 22.69 –.03 –32 131 32o

83 95 67 A D–24.6 Websns WBSN.14.27 +.43 –42 324 10o

47 47 42 C B 30.3 Yahoo YHOO 11.97 +.09 –72 7.2m 23o

19. TRANSPORT49 80 19 A D+38.0 Aktslsk 11 TRMD 10.91 +.48 –33 17 3 ê81 12 99 D B NH AlaskaAir r ALK 28.81 +.31 –23 797 ..ò19 34 36 C E 54.6 AlexBld 5.0 r AXB 25.24 +1.09 –35 278 9o

98 46 99 B B+48.9 Allegiant ALGT 48.50 –.12 –47 198 44 ê62 79 53 C C+26.0 AmRailcr 1.0 ARII 11.45 +1.69 +1 113 8 ê59 26 88 D B–45.1 ARBest 2.1 ABFS 29.03 +1.36 +27 738 13ò21 19 18 B D+66.5 AtlasAir r AAWW 17.31 +.53 –54 151 7 ê82 87 76 A E 114 BurlNSFe 2.1 BNI 74.53 +1.56 –63 1.9m 12o

98 86 91 A B+67.4 CHRobn 1.8 CHRW 53.31 +2.45 –22 1.9m 26o

72 95 42 A D–70.7 CSX 2.8 r CSX.31.54 +1.01 –46 3.7m 9ò80 80 69 A B–58.5 CdnNRwy 2.1 r CNI 36.01 +1.34 –45 1.3m 8ò37 54 38 B E 76.2 CndaPac 2.4 CP 33.23 +1.31 –50 534 8o

56 39 39 C B 102 ChinaEA CEA 15.81 –1.10 –23 88 15 ê58 54 39 B C 55.0 Con–Way 1.6 CNW 25.62 +1.19 –42 684 7o

83 23 95 B B+31.3 CtntlAirB CAL 17.59 +.14 –58 3.2m ..o99 77 83 A B–43.6 CopaHold 1.3 CPA 29.52 –.21 –23 459 8 ê69 95 31 A B+41.1 DianaShpg r DSX 12.21 +.48 –59 839 4o

50 98 4 A B–116 DryShip 8.3 DRYS 9.62 +.63 –51 7.4m ..o44 78 30 C E 32.5 Dynamex r DDMX 13.54 +.87 0 67 8 ê50 96 9 A C 61.0 ExcelMar 22 EXM 6.34 +.12 –32 1.8m ..o89 82 74 B C+49.9 Expedtrs 1.0 EXPD 32.15 +.76 –41 1.8m 24o

51 54 67 C E 99 Fedex .7 FDX 62.22 +2.08 –47 1.9m 11o

83 77 70 A D–39.1 ForwdA 1.2 FWRD 23.58 +2.17 +23 327 14 ê11 8 34 D E 45.3 FrghtCar 1.4 RAIL 17.10 +.09 +76 323 36 ê65 82 38 A C+72.4 Frontlne 28 FRO 28.49 –.30 –72 556 2o

56 98 10 A B 84.5 GenShp 30 r GNK 12.65 +.70 –47 1.2m 1o

41 70 25 B E 31.0 GenMarit GMR 10.10 +.20 –6 365 4o

87 85 84 B C 47.4 GenWyo GWR 28.85 +1.18 –47 270 16 ê6 30 11 D D 29.5 Greenbri 5.0 GBX 6.44 +.36 –36 151 4k

58 69 65 .. B–37.0 GuangRy 3.1 GSH 18.90 +.46+110 148 13 ê94 57 92 B B+20.0 HrtlndEx .5 HTLD 15.10 +.58 –46 522 21ò84 89 67 B E 44.4 HubGroup r HUBG 24.69 +.94 –31 375 15 ê86 78 74 B B–40.3 HuntJB 1.6 JBHT 25.38 +.71 –35 1.5m 15o

85 51 96 C B+26.0 IntlShip 8.0 r ISH 25.08 +1.06 –27 33 10k

30 51 29 B E 38.2 K–Sea 24 KSP 12.66 –.09 +38 116 7 ê52 91 24 C D+55.9 KCSouthrn KSU 18.17 +.26 –33 1.2m 8 ê62 95 44 A E 61.7 KirbyCorp KEX 26.26 –.09 –22 668 8 ê90 56 87 B B 21.9 KnightTr 1.0 KNX 15.44 +.56 –36 587 24ò23 76 29 .. D–35.0 KnightT 21 VLCCF 13.08 –.59 +25 245 4 ê

When CogentCOGTbroke out of a baseon Nov. 26, its 12.48 buy point en-ticed a good volume surge. Thestock rose 15% over the next threeweeks, but the ensuing retreat virtu-ally assured that the original longswere stopped out.

That decline, however, proved tobe a successful test of Cogent’s10-week moving average.

The provider of fingerprint sys-tems to law enforcement agenciesmade that test in high volume — abad sign. But the stock that daystaged a solid upside reversal.

Cogent has since been rising in softtrade. It’s already in buying range,but you might want to see somestrong upside volume before jump-ing in. Donald H. Gold

COGENT INC (COGT) Group 6 o$13.4098 Comp. Rating 75 EPS RS 98 ROE 6% 38.6M SharesPROVIDES AUTOMATED FINGERPRINT IDENTIFICATION SYSTEMS TO GOVERN-MENTS, LAW ENFORCEMENT AND OTHER ORGANIZATIONS.

-18% Ann. EPS Gro PE 29 Avg. Daily Vol 926,300 Debt 0%Last Qtr Eps +180%5 Prior Qtr -25%6 Last Qtr Sales +56%1 Qtrs EPS) 15%Eps Due 2/26R&D 10%

Acc/Dis B+Sup/Demand 67

ALMOST FAMILY INC (AFAM) Group 16 o$44.9599 Comp. Rating 98 EPS RS 99 ROE 25% 6.8M SharesPROVIDES IN-HOME NURSING SERVICES AND PERSONAL CUSTODIAL CAREFOR RECUPERATING AND DISABLED PATIENTS.

+68% Ann. EPS Gro PE 24 Avg. Daily Vol 416,200 Debt 47%Last Qtr Eps +63%5 Prior Qtr +43%5 Last Qtr Sales +84%14 Qtrs EPS) 15%Eps Due 3/10

Acc/Dis B-Sup/Demand 95

AEROVIRONMENT INC (AVAV) Group 33 o$35.4199 Comp. Rating 94 EPS RS 98 ROE 14% 13.3M SharesMANUFACTURES SMALL UNMANNED AIRCRAFT SYSTEMS USED FOR INTELLI-GENCE, SURVEILLANCE AND RECONNAISSANCE.

+18% Ann. EPS Gro PE 29 Avg. Daily Vol 406,000 Debt 0%Last Qtr Eps +71%5 Prior Qtr +22%5 Last Qtr Sales +23%2 Qtrs EPS) 15%Eps Due 3/3R&D 7%

Acc/Dis BSup/Demand 85

GREEN MTN COFFEE ROASTRS (GMCR) Group 15 o$38.9099 Comp. Rating 94 EPS RS 93 ROE 21% 16.9M SharesDISTRIBUTES COFFEES AND TEAS, SINGLE CUP BREWERS AND SINGLE CUPPORTION PACKS TO SUPERMARKETS, FOOD STORES AND OTHER.

+38% Ann. EPS Gro PE 40 Avg. Daily Vol 491,700 Debt 89%Last Qtr Eps +76%5 Prior Qtr +56%6 Last Qtr Sales +45%3 Qtrs EPS) 15%Eps Due 1/31

Acc/Dis BSup/Demand 85

Cogent’s TumbleCould Be Opportunity

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$40 CHART BASE

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LATE,RISKIER

BUY

95 79 85 A+ C A– 21.0 CmrNatPA CNAF 14.00 –2.60+260 7 11 k87 53 92 A C B– 79.0 AbraxisBn ABII 66.02 –4.08 +42 18 76 ê79 68 74 A+ C C 18.0 Brt&Ktz BKBK 11.00 –2.30+182 3 6 k70 28 76 A+ D B+ 21.0 NBTFinl NBTF 12.97 –2.23+122 2 10 k64 75 45 D+ A B 62.7 BadgerMtr BMI 28.74 –6.16+213 747 18 ê64 59 66 D– B B 145 GtNorIron GNI 67.82 –7.52+110 13 7 k50 44 61 B D C+ 144900 BrkHaA BRKA 92000 – 590 –7 1 15 ê50 44 60 B D C+ 4858 BerkHaB BRKB 3056–32.00 –17 38 15 ê49 23 62 A+ D C+ 20.5 CommBkIN CBIN 11.12 –2.38+156 4 13 ê46 8 88 B– D C+ 57.9 KansasCityLf KCLI 42.89 –2.13 +49 19 32 ê17 32 25 E D B– 85.0 HallwoodGr HWG 30.93 –7.37 –67 0.3 .. x.. .. 99 A– .. A+ 82.5 PrUShBM SMN 40.25 –2.54 –80 1.2m .. o.. .. 99 A– .. C+ 140 PrUShSem SSG 78.85 –7.75 –71 27 .. k.. .. 99 A– .. B– 182 RdxIn2xSP RSW 116.9 –6.46 –64 26 .. ê.. .. 99 A– .. B– 155 RdxIn2xMd RMS 83.35 –6.65 –41 2 .. ê.. .. 99 A– .. D 149 PrUSRMCG SDK 81.78 –6.07 –90 3 .. ê.. .. 99 A– .. B– 121 PrUShTch REW 79.80 –4.30 –65 37 .. ê.. .. 99 A– .. C+ 125 PrUSR1KG SFK 82.90 –4.70 –33 24 .. ê.. .. 99 A– .. D 128 PrUSR2KG SKK 67.33 –4.42 –76 14 .. ê.. .. 99 A– .. B 96.9 PrUShInd SIJ 57.09 –3.81 –7 90 .. k.. .. 99 A– .. B 88.4 PrUShQQQ QID 58.37 –2.64 –60 16m .. o.. .. 98 A– .. D+ 94.8 ProShtMC MYY 70.04 –2.66 –71 16 .. ê.. .. 98 A– .. C 116 PrUShMC MZZ 60.85 –4.03 –76 402 .. o.. .. 98 A– .. B– 126 ProUShSc SDD 65.77 –4.54 –88 8 .. ê.. .. 98 A– .. A– 154 PrUShCnS SCC 88.57 –5.45 –73 41 .. ê.. .. 98 A– .. B– 182 RdxIn2xRs RRZ 94.45 –7.03 –71 3 .. ê.. .. 98 A– .. B 100 PrUShCnG SZK 75.49 –3.11 –56 20 .. k.. .. 98 A– .. B– 115 PrUShSP SDS 72.71 –3.42 –65 24m .. o.. .. 97 A– .. D+ 111 ProShtEafe EFZ 85.16 –2.64 –68 12 .. ê.. .. 97 A– .. B– 86.7 PrUShDow DXD 54.81 –2.41 –76 4.8m .. o.. .. 97 A– .. D– 93.1 ProShR2K RWM 67.70 –2.44 –64 116 .. ê.. .. 97 A– .. C+ 179 ProUShEafe EFU 90.56 –6.30 –44 175 .. o.. .. 97 A– .. D– 201 PrUSR1KV SJF 106.9 –5.26 –15 15 .. ê.. .. 97 A– .. C 132 ProUSR2K TWM 66.92 –4.10 –67 3.2m .. o.. .. 96 A– .. B+ 90.6 PrUShHc RXD 60.00 –3.80 –71 2 .. k.. .. 96 A– .. C+ 127 ProSShFn SEF 78.28 –2.85 –86 4 99 ê.. .. 96 A– .. .. 74.5 DirxTcBear TYP 66.62 –5.44 –6 16 99 ê.. .. 96 A– .. .. 78.4 DirxEMBear EDZ 70.27 –5.15 –71 11 99 ê.. .. 95 A– .. D– 142 PrUSR2KV SJH 68.71 –5.00 0 61 .. ê.. .. 95 A– .. .. 72.8 DirxDMBear DPK 64.61 –3.46 –54 2 99 ê.. .. 94 A– .. B– 84.4 RydxInvHC RHO 56.20 –2.30 +44 1 .. ê.. .. 93 A– .. B– 303 PrUShFn SKF 111.2 –8.52 –59 9.1m .. k.. .. 90 A– .. C 94.2 RydxInvFn RFN 35.75 –2.89 –72 4 .. ê.. .. 87 A– .. B 161 PrUlSMSCI EWV 68.84 –3.98 –83 4 .. ê.. .. 84 A– .. .. 131 DirxLCBear BGZ 61.33 –4.34 –17 2.2m 99 o.. .. 70 A– .. .. 156 DirxSCBear TZA 52.45 –5.55 +5 1.8m 99 o.. .. 53 A– .. C+ 207 PrUltSEMn EEV 53.83 –3.07 –80 889 .. o.. .. 49 A– .. E 295 PrUShRE SRS 56.16 –4.95 +7 11m .. ò.. .. 40 A– .. .. 88.8 DirxEnBear ERY 38.90 –2.63 +23 507 99 o.. .. 37 A– .. .. 201 DirxFinBear FAZ 38.94 –4.65 +7 2.5m 99 o

SMARTSELECT® COMPOSITE RATINGEARNINGS PER SHARERELATIVE PRICE STRENGTHINDUSTRY GROUP RELATIVE STRENGTHSALES+PROFIT MARGINS+ROEACCUMULATION/DISTRIBUTION

52-wk Stock & Close Vol% Vol PHigh Symbol Price Chg Chg 1000 E666666

99 99 97 A A B+ 50.2 VSE VSEC 38.99 +1.77 –18 34 10 ê99 98 99 A+ A B– 53.9 AlmstFam AFAM 44.95 +2.02 –35 269 23 o99 98 86 A A C+ 77.4 Celgene CELG 54.62 +2.14 –50 2.8m 37 o99 98 77 A+ A B– 86.5 NwOriEd EDU 53.80 +2.44 –64 274 29 ò99 97 99 A A B 26.4 EmergBio EBS 25.79 +2.41 +13 787 16 o99 95 94 A+ A B+ 34.3 TowrGp TWGP 26.06 +1.56+108 489 9 ê99 95 85 A+ A D+ 68.0 Amedisys AMED 42.21 +1.52 –36 552 14 o99 94 98 A+ A B+ 106 ITTEduc ESI 93.80 +2.35 –45 659 19 ò99 94 98 A– B B 38.7 AeroVir AVAV 35.41 +1.01 –17 338 29 o99 94 93 A A B 45.7 HansenNat r HANS 34.35 +1.17 –28 1.2m 19 o99 93 99 A+ A B– 42.3 LifePtnrs r LPHI 40.53 +1.56 –25 116 21 k99 92 96 A+ A B+ 72.0 CapellaE r CPLA 58.66 +2.62 –61 121 38 o99 91 98 A+ .. A NH SXCHlth SXCI 18.22 +.63 –1 99 23 ê99 91 97 A– A A 37.1 HMSHld HMSY 31.06 +1.26 –35 223 45 ê99 90 94 A A A– 57.6 GileadSci GILD 51.33 +1.44 –36 6.5m 25 ò99 90 92 A B B– 39.0 Stanley SXE 34.32 +1.87 +1 178 25 ê99 89 96 A+ A D+ 239 StrvrEd r STRA 212.3 +5.83 –60 108 39 o99 86 95 A C A– NH SoJerInd r SJI 39.16 +1.06 +87 447 17 ê99 85 82 A A B 84.0 Genzyme GENZ 66.52 +1.12 –57 1.5m 17 o99 84 95 A+ B B 36.6 PinnclFnPt PNFP 29.00 +1.83 +30 136 19 k99 84 90 A+ A B+ 38.8 Exponent r EXPO 30.30 +1.38 +8 109 20 ê99 81 97 A+ C A 46.4 CalifWtr CWT 45.87 +2.15 +22 329 23 ê99 78 99 A+ A B 81.7 ApolloGrpA r APOL 77.46 +1.06 –56 1.5m 25 ò99 74 98 A A B– 72.5 MyriadGn MYGN 65.91 +1.03 –73 329 44 o98 99 81 A A C+ 19.7 Starentn STAR 11.64 +1.12 –20 306 14 o98 97 79 A– A D– 45.5 FLIRSystms FLIR 29.79 +1.61 –18 1.6m 25 o98 96 81 A A C 73.6 BiognIdec BIIB 47.68 +1.14 –60 1.6m 13 o98 90 99 A B A– 32.0 Thoratec THOR 31.65 +1.10 –36 965 56 o98 90 92 A– B C 79.7 AxsysTech AXYS 51.08 +4.35 +16 346 24 ê98 90 86 A+ A B 94.0 Graingr r GWW 77.49 +2.76 –49 651 12 ò98 89 84 A A D– 82.9 Techne TECH 63.17 +1.83 –23 217 22 ê98 86 91 B+ A B+ 67.4 CHRobn CHRW 53.31 +2.45 –22 1.9m 26 o98 84 99 B B A– NH ShndCm SHEN 27.84 +1.70 +32 145 26 ê98 83 89 A C C 74.1 Ralcorp RAH 57.90 +1.17 –53 527 16 ê98 83 85 A A B 35.0 Immucor BLUD 25.73 +1.34 –48 289 24 ò98 80 93 A B C 67.0 EdwdLfSci r EW 54.78 +1.52 –56 281 23 o98 77 98 A+ C B– 77.1 AmerSciEn r ASEI 70.82 +1.89 –37 90 35 o98 72 96 A A B 60.6 StifelFin SF 45.40 +2.98 –3 357 17 o98 65 94 A+ B B+ 83.4 HuronCon HURN 57.10 +1.66 –44 175 26 o97 95 99 E B B+ 39.5 WldFuelSv r INT 38.46 +2.67 +14 816 10 o97 93 74 B+ B B 66.2 Teledyne TDY 42.21 +2.06 –5 252 13 ò97 92 98 D A B 19.0 PetMed r PETS 18.00 +1.27 –33 475 19 ò97 91 98 A– D B+ NH InsitfTch INSU 19.74 +.52 +64 720 22 o97 91 96 A– A C+ 65.0 PaneraBrd PNRA 50.22 +1.05 –47 511 23 o97 91 75 A A C+ 60.0 ITCHldgs ITC 41.94 +1.52 –39 305 20 ê97 90 94 A– A B 67.0 McDonalds MCD 61.74 +1.36 –51 5.7m 17 o97 89 97 B B B+ 80.6 Natl Presto NPK 74.50 +2.50 +28 53 11 ê97 89 94 B+ B B– 62.1 Mantech MANT 53.44 +2.54 +3 458 21 o97 85 96 A+ B A 22.9 CNASurety SUR 18.39 +1.01 –18 80 7 ê97 83 86 A+ B B 62.0 WtsWy r WW 46.88 +1.64 –31 318 13 ê

IBD’s NYSE + Nasdaq ResearchTables give you an innovativeand powerful view of the market.Stocks are grouped by their majorindustry sectors. The biggest win-ning stocks typically come from thestrongest sectors. The 33 sectorsare listed from strongest to weak-est. At the top of each sector are upto 10 stocks with exceptional earn-ings and other fundamentals as wellas market-leading price perfor-mance. Remaining stocks in a sec-tor are listed alphabetically. Go toinvestors.com/sectors to find astock’s major industry sector.

SmartSelect Composite Ratingcombines all five SmartSelect Rat-ings, from 1-99, with 99 the best.

Earnings Per Share (EPS) Rat-ing compares a company’s last twoquarters and last 3-5 years of profit

growth with all other companies. A90 rating means its earnings outper-formed 90% of all companies’.

Relative Price Strength (RS)Rating measures a stock’s relativeprice change in the last 12 monthsvs. all other stocks. The best firmsrate 80 or more on both EPS and RS.

Sales + Profit Margins + ROERating combines recent salesgrowth, profit margins and returnon equity into an A to E rating.

Accumulation/DistributionRatinguses a priceandvolumeformulatogaugeifa stockisunderaccumulation(buying)ordistribu-tion(selling) inthe last13weeks.Aisheavybuying;Eisheavyselling.

Vol % Change shows how much astock traded yesterday vs. its aver-age daily volume in the past 50days. +50=50% more, -50=50% less.

Boldfaced stocksareup1 pointormoreor ata newhighin price.

Underlinedstocksaredown 1pointormoreorata newpricelow.7stockshave EPSand RSratings

of80or moreandwereIPOs in thelasteight years.

Codes:.= archived story at Investors.com;r = repurchased stock in last year;x = ex dividend or ex rights;k = earnings due within four weeks;- = earnings in IBD today;o = options on stocks.

Growthstocks arehighlyspecula-tive.Donot buyanyhighly ratedstockwithout furtherresearch.Youmustalways analyzea stock’sdailyandweekly chart tosee if thestock isina properbaseor neara soundbuypointandnotextended in pricetoofarabovea correctbase.

83 74 73 B D–59.2 Landstar .4 r LSTR 36.96 +1.11 –45 486 17o

86 57 94 D B+22.6 MartnTrns MRTN 17.80 +1.09 –54 97 25 ê90 78 93 A C+42.0 NordicAm 14 NAT 33.50 +.21 –39 512 9o

87 90 70 A D–75.5 NorflkSo 2.8 NSC 45.50 +1.46 –36 3.0m 10ò88 83 89 B C 40.1 OldDomFrt ODFL 27.03 +2.22 –23 524 13 ê57 85 45 B D–87.8 OvrseaSh 4.3 r OSG 40.97 +1.01 –3 787 3o

62 80 41 C C+25.2 Pacer 6.2 PACR 9.71 +.90 –3 479 5 ê93 34 95 B B 40.7 RyanrHldg RYAAY 30.15 +.28 –64 388 21o

23 48 18 B C+31.4 Seaspan 23 SSW 8.17 +.64 –26 474 7o

45 78 21 A D 32.9 ShipFin 22 SFL 10.18 +.30 –37 481 3o

90 55 95 C B 27.7 Skywst .9 r SKYW 18.57 +.92 –41 383 7o

47 24 48 C D 16.8 SwstAirl .1 r LUV 8.38 +.33 –41 6.5m 19ò49 54 23 C D–25.2 TAMSA TAM 8.34 +.77 –67 316 99 ê39 37 34 C B+54.7 TeekaySh 6.1 r TK 18.71 +2.01 +49 1.1m 8o

37 51 56 D D–32.5 TeekLNG 15 TGP 14.22 –.26 +44 181 .. ê64 83 53 B B–26.1 TeekTnk 29 TNK 12.11 +1.01 –24 156 5 ê62 86 35 B B–41.2 Trinity 2.1 TRN 15.00 +.32 –51 879 3o

55 90 37 A E 39.3 TsakosE 10 r TNP 17.87 –.12 +31 324 4o

80 70 88 D E 19.5 USATruck USAK 13.30 +.58 –66 13 60k

79 67 65 C B+24.4 UTiWld .4 UTIW 13.66 +1.21 +32 1.4m 12 ê78 87 58 B D–85.8 UnionPac 2.3 r UNP 46.81 +.73 –62 2.8m 11ò74 54 78 B B–75.1 UPSB 3.3 r UPS 54.18 +1.06 –50 3.4m 14o

65 66 52 C D+29.8 UnivTruck UACL 14.25 ... –34 10 12 ê19 19 19 C E 19.0 Vitran VTNC 5.57 +.42 –40 33 8 ê91 93 85 A B–60.8 Wabtec .1 r WAB 38.91 +.95 –39 631 14o

68 43 90 C D+25.6 WernrE 1.2 WERN 16.78 +.68 –25 942 17k

20. CHEMICALS61 23 73 B B–33.4 AEPIndustr AEPI 17.55 +.28 –76 9 ..k68 85 42 A D 106 AirPrds 3.6 APD 49.18 +1.25 –35 1.7m 9x

90 92 71 B C+65.5 Airgas 1.6 ARG 39.68 +2.00 +28 1.3m 12o

65 81 42 B D+45.9 Albemar 2.3 r ALB 20.67 +1.30 –32 661 8o

86 73 76 B B 18.4 AmrVngrd .5 AVD 11.91 +.61 +26 171 16 ê63 63 60 C C 43.0 ArchChem 3.2 ARJ 24.89 +1.04 –34 125 10 ê4 25 8 D E 58.6 Ashland 3.1 ASH 9.62 +.10 –47 1.2m 4o

96 80 92 A B–30.3 Balchem .4 BCPC 24.71 +1.51 +29 176 25 ê28 39 31 C E 34.0 Cabot 4.8 CBT 14.91 +.94 –7 583 11ò49 87 14 A E 51.0 Celanese 1.4 r CE 11.70 +.46 –70 1.0m 2o

51 66 36 B D 50.5 Ceradyne r CRDN 20.61 +.45 –32 377 4o

88 95 94 .. B–87.97CmpsMn 2.3 CMP 57.99 +1.41 –5 688 15o

36 66 23 C E 64.2 CytecInd 2.5 CYT 20.19 +.60 –31 401 4 ê31 39 25 B D–42.5 DowChm 10 DOW 15.55 +.23+110 33m 4o

43 79 31 B E 78.3 EastChm 5.8 EMN 30.51 +1.46 –26 1.0m 5ò96 96 72 A B–80.2 FMC 1.1 FMC.44.64 +2.53 –43 876 10o

66 85 34 B C 33.2 GenTek GETI 14.56 –.03 –72 10 4 ê86 74 90 C D+41.5 Innophos 3.4 IPHS 20.12 +2.61 +24 448 3o

45 98 28 .. D–52.0 Koppers 4.6 r KOP 19.05 +1.54 +19 400 5 ê65 90 28 A D–33.2 Methnx 5.5 r MEOH 11.19 +.12 –34 441 3ò49 65 50 D E 73.3 MinrlTec .5 MTX 39.83 +1.94 +44 347 11 ê63 72 58 B D–26.3 NalcoHld 1.0 NLC 14.00 +3.57 +52 2.8m 11o

65 77 42 B D 93.6 NewMkt 2.3 r NEU 35.00 +1.63 –24 152 7o

28 70 4 A E 33.2 NovaChm 7.0 NCX 4.57 +.21 –56 324 ..o45 27 48 B C+66.0 OMGroup OMG 20.22 +.82 –29 596 3o

61 66 55 A E 71.5 PPGInd 5.2 PPG 40.47 +1.64 –7 1.5m 7ò21 14 35 E B–26.2 Penford 2.4 PENX 10.14 –.27 +13 112 ..k39 71 17 C E 29.3 Polypore PPO 7.65 +.33 –21 495 7 ê90 87 63 A B 99 Praxair 2.6 r PX 58.65 +2.18 –39 1.9m 14ò54 66 33 B C 33.8 QkrChem 6.5 KWR 14.10 +.42 –36 77 7 ê54 94 14 C C+43.7 RockwdH ROC 10.16 +1.15 –33 537 4 ê58 59 63 D B–47.2 Rogers r ROG 27.09 +1.74 –36 62 14o

84 70 94 B D–76.5 RoHaas 2.7 ROH 59.70 +6.36+149 8.5m 16o

71 68 74 D B–25.5 Schlmn 3.6 SHLM 16.65 +.74 –61 112 12k

81 81 69 A C+63.0 SigmAl 1.3 SIAL 41.42 +.82 –54 928 15o

55 8 81 C B+62.6 Sinopec 5.0 SHI 26.13 +.94 +9 95 .. ê42 65 60 .. E 18.0 Solutian SOA 3.97 +.33 –43 403 .. ê

93 82 94 C C 60.8 Stepan 1.9 SCL 45.37 +2.84 –5 75 18 ê23 23 50 E E 32.5 Valhi 3.2 VHI 12.65 –.55 –3 45 .. ê67 38 79 B B 40.0 WD40 3.5 WDFC 28.31 +.80 –14 79 17k

78 61 87 C B–22.7 WestlkCh 1.3 WLK 15.89 +1.10 –10 295 11 ê

21. ALCOHOL/TOB67 52 66 B D+24.5 Altria 8.3 MO 15.33 +.14 –37 15m 9o

61 60 49 B D 54.2 BostnBeer SAM 27.29 +1.46 –28 86 15 ê89 76 68 A B 81.0 BritAmT 5.1 BTI 51.75 +.20 –56 141 10 ê88 71 83 A B–63.0 BrownFrB 2.3 r BFB 50.65 +1.18 –59 230 17 ê59 97 16 B E 77.5 CntlErDst CEDC 19.30 +.93 –60 423 7o

89 95 60 A B+88.8 CompBbd 2.2 ABV 43.87 +2.08 –50 626 9o

72 83 77 .. D+39.9 CpCervcr 3.5 CCU 26.78 –.90 –65 11 9 ê73 84 66 D C 24.5 ConstelA STZ 15.59 +.30 –52 1.3m 9ò67 83 66 D E 24.5 ConstellB STZB 15.59 +.34 –79 0.4 9k

74 61 66 A D 87.1 Diageo 4.5 DEO 55.65 +.40 –22 847 11o

79 66 69 A D+89.2 Lorilla 6.6 r LO 55.60 +.36 –62 883 10o

73 47 88 D B–59.5 MolCoorB 1.7 TAP 48.08 +.81 –48 922 16o

95 81 84 A C 56.3 PhilMor 4.9 PM 43.91 +.75 –25 8.7m 13o

80 73 72 B B–72.0 ReynldAm 8.3 r RAI 40.78 +.02 –47 793 8o

90 61 96 A B–69.3 UST 3.6 UST 69.18 +.06 –48 1.8m 18ò55 48 44 C D 68.0 Universl 6.1 UVV 30.34 –.91 +26 384 7o

87 81 73 B C 19.5 VectorGp 11 VGR 13.61 +.18 –30 163 16 ê

22. MACHINERY76 95 49 A D+33.4 ABB ABB 14.90 +.45 –64 2.7m 9o

77 98 51 A D 48.5 AZZ AZZ.24.39 +1.89 –17 175 8ò51 68 48 B C+37.2 Actuant .2 ATU 18.19 +1.05 +15 849 9 ê65 96 33 B C 18.8 AltraHld AIMC 7.88 +.05 +2 192 6 ê45 43 44 D B+47.5 AmSprcnd AMSC 15.56 –.19 +15 972 ..o81 92 56 A C 53.1 Ametek .8 r AME 29.57 +.76 –54 597 11k

93 93 82 B A–42.4 AstecInd ASTE 29.33 +.32 –53 194 10o

64 75 45 A B 62.7 BadgerM 1.5 BMI 28.74 –6.16+213 747 18 ê58 83 37 A D+39.9 BaldrEle 4.0 BEZ 16.90 +.40 –26 509 7o

68 41 92 E A–23.8 BrigStrt 5.3 BGG 16.76 +.63 –31 514 25k

55 99 15 A D–79.5 Bucyrus .6 BUCY 17.79 +.07 –56 1.4m 6o

39 59 45 B D–54.9 Cascade 2.9 CAE 27.47 +1.03 –21 85 7 ê68 83 51 A B–86.0 Caterplr 3.8 CAT 43.66 +1.32 –59 5.0m 7ò68 96 40 B D 66.7 Circor .6 CIR 26.03 +1.38 –20 252 7 ê93 78 81 B C+44.3 Clarcor 1.1 CLC 31.90 +1.74 –13 377 17k

40 79 31 B E 33.4 ClmbMckn CMCO 13.36 +.49 –47 99 6ò77 87 56 A C 54.4 CooprInd 3.5 r CBE 28.71 +1.28 –52 1.1m 8ò76 99 50 A C+34.1 DXPEnterpr DXPE.14.55 +.23 –78 51 8 ê89 84 71 B C+52.3 Donalds 1.4 DCI 33.13 +1.70 –48 427 15 ê77 83 66 B B 54.6 Dover 3.1 DOV 32.06 +1.33 –33 1.2m 8 ê72 58 90 D A–25.2 EncorWi .4 WIRE 18.06 +1.22 –1 214 19x

56 96 25 B C+37.7 EnerSys ENS.10.61 +.39 –57 321 6o

60 91 41 B E 43.7 EnPro r NPO.20.03 +1.37 –22 246 4 ê61 98 31 A D–145 Flowser 1.9 r FLS.51.33 +1.33 –7 1.5m 7o

64 92 27 A B–85.7 FosterWh r FWLT 23.78 +.05 –48 2.8m 7o

66 81 62 B D 54.6 FrankElc 1.8 FELE.28.06 +.75+240 734 13 ê84 74 99 B C 61.2 FuelSys FSYS.33.36 +.00 –12 659 16o

80 96 34 A C+27.2 FuelTech FTEK 10.09 –.08 –18 248 25o

55 90 46 B E 57.9 GardnrDen r GDI 22.79 +.67 –38 407 5o

59 94 15 A B–75.2 GenlCable BGC.16.69 +.60 –63 712 3o

86 89 77 B B–46.5 Gormanr 1.3 GRC 29.63 +.93+305 401 17 ê53 66 50 A D 42.2 Graco 3.3 GGG 23.15 +.90 –46 426 9o

47 89 25 A E 54.9 Graham .7 GHM 11.20 +.30 –68 96 6 ê86 82 75 B A–52.9 HubbllB 4.3 HUBB 32.35 +1.08 –40 217 8k

29 65 15 B D 52.1 Hurco HURC 11.94 –.05 –30 77 3 ê72 83 63 B C 40.8 IDEX 2.0 r IEX 23.81 +1.12 –27 512 11 ê55 86 25 A D+47.0 IngersRd 4.2 IR 17.09 +.85 –37 3.0m 4o

97 91 98 D B+NH InsitfTch INSU 19.74 +.52 +64 720 22o

68 93 35 A D+45.0 Jinpan 1.6 JST 14.95 +.70 +17 41 6 ê56 96 18 A D–90.0 JoyGlbl 3.2 r JOYG 21.99 +.27 –37 2.4m 6o

50 85 26 B D 35.8 KHDHum KHD 10.92 +.07 +8 422 4o

63 82 61 B D–39.1 Kennmetl 2.2 KMT 21.45 +.95 –21 732 7k

51 40 57 B B–39.5 KeyTech KTEC 18.97 +1.66 –22 37 14 ê77 95 64 A D–87.0 LincnElc 2.2 LECO 48.90 +1.84 –66 165 8 ê53 96 14 A C+50.1 Manitowc 1.0 MTW 8.23 +.26 –42 2.4m 2o

92 75 87 B B+16.7 MetPro 2.0 MPR 12.10 +.89 –29 58 16 ê54 91 41 B E 19.6 NIDEC 1.4 r NJ 9.37 –.06 –53 67 12 ê17 42 18 C C+125 NACCO 6.0 NC 34.38 +.76 +40 70 4 ê59 85 41 A C+79.0 Nordsn 2.3 NDSN 32.19 +1.17 –52 200 9 ê40 21 33 B D 30.8 PMFG PMFG 9.25 +.41 –40 37 11 ê76 89 53 B B 86.9 ParkHan 2.4 PH 41.85 +2.11 –26 1.3m 7ò53 72 57 C D 41.0 Pentair 2.9 PNR 23.33 +.58 +7 1.1m 10 ê75 61 72 D A+19.2 PikeElec PEC 11.92 +.23 –35 190 11 ê73 99 51 C C+58.0 Powell Inds POWL 27.65 +.77 –21 92 12 ê92 85 81 B B–50.0 RegalBel 1.8 RBC 35.87 +1.77 –21 313 9 ê53 94 27 B E 55.1 RobbMyer .9 r RBN.16.50 +.69 +45 656 7ò67 73 56 A C+71.5 RockwlA 3.7 ROK 31.33 +1.02 –40 931 7ò74 90 60 A D–68.1 RoperInd .8 ROP 42.25 +2.02 –18 833 13 ê52 93 21 B D–140 SPX 2.5 r SPW 39.42 +2.54 –45 780 6o

32 78 14 C E 37.9 SauerDnf 8.4 SHS 8.59 +.54 –59 124 5 ê53 84 36 B D 28.2 Stratasys r SSYS 10.41 –.24 –32 130 13 ê73 91 54 A C+42.9 SunHydr 1.9 SNHY 18.50 +1.17 –35 104 11 ê42 83 24 B E 46.7 Tennant 3.3 TNC 15.85 +.52 –11 165 8o

42 81 18 B C+76.3 Terex r TEX 16.54 +.68 –52 1.8m 2o

80 96 54 A C 48.6 Wdward 1.1 WGOV 22.12 +.86 –68 308 12ò

23. MINING81 71 79 C B 83.5 AgnicoEg .4 AEM 50.24 –.52 –31 3.6m 73o

14 58 16 C E 44.8 Alcoa 6.4 AA 10.69 +.96 –4 25m 5ò65 81 57 B D 38.4 AMCOLI 3.4 ACO 21.42 +1.54 –41 116 11k

44 62 29 A B–36.4 AngloA 5.4 AAUK 11.37 +.52 +23 3.2m 4o

69 38 86 E A–51.4 AngloAs .5 AU 26.57 –.03 –59 1.1m ..o77 95 55 A B–95.6 BHPBilLt 4.6 BHP 41.94 +1.65 –55 2.9m 7o

79 95 59 A B–86.1 BHPBlplc 3.7 BBL 37.81 +1.44 –73 403 6 ê95 79 84 A B+54.7 BarrckG 1.1 ABX 36.32 –.20 –29 11m 17o

84 85 60 A B–42.9 Buenavnt 1.0 BVN 19.22 –.08 –45 828 8o

36 48 41 B D–44.0 Cameco 1.1 CCJ 17.12 +.60 –41 2.0m 12o

60 98 21 A C+121 Clevlnd 1.4 CLF 25.14 +1.14 –70 1.5m 4o

63 92 26 A B–44.2 CompVDR 1.4 RIO 11.83 +.59 –62 14m 4o

21 55 11 B E 127 FreeptCGB FCX 23.73 +.59 –62 9.1m 2ò70 42 82 B C+52.7 Goldcorp .6 GG 30.72 –.58 –45 8.2m 50o

76 50 90 D B 14.6 HrmnyGld HMY 10.42 –.04 –56 1.2m 99o

33 96 6 A E 34.0 HWinstn 4.7 HWD 4.28 –.11 –32 136 1 ê92 62 89 B B–27.4 KinrsGo .4 KGC 18.19 –.10 –54 5.1m 49o

66 31 74 B B–41.0 LihirGold LIHR 20.93 –.11 –71 297 65 ê48 96 18 A E 31.7 MesabTrs 58 MSB 8.60 +.59 +5 112 3k

86 60 85 B B+57.6 NewmtM 1.0 NEM 40.02 –.68 –41 5.5m 17o

69 70 42 B B+44.1 PanAmSlvr PAAS 16.86 +.03 –34 1.1m 14o

91 62 92 B B 56.3 Randgold .2 GOLD 42.58 –.85 –36 692 69o

45 98 8 A E 558 RioTinto 7.1 RTP.85.77 +.52 –53 592 2o

94 56 99 B B+49.4 RoylGld .7 r RGLD 48.72 +.55 –49 386 72x

48 44 46 .. B 33.6 SeabrGld SA 12.67 –.72 –30 219 ..o52 36 55 .. A–40.7 SilverStd SSRI 15.33 –.38 –56 492 ..o37 52 44 B D–41.9 SthnCopp 8.6 r PCU 15.73 +.51 –71 1.9m 7ò14 65 2 B E 53.7 TechCmco 20 TCK 4.89 +.17 –50 2.7m 1o

24. AGRICULTURE57 87 26 B B–71.9 AGCO AG 23.69 +.23 –51 1.3m 6o

63 96 30 A C+113 Agrium .3 r AGU 33.00 +1.23 –51 3.0m 3o

59 69 65 D C+26.5 AlamoG 1.8 ALG 13.60 +1.23 –71 24 8 ê61 96 20 A C+48.7 Anderso 2.1 ANDE 16.11 –.01 –19 241 3x

55 62 48 B C+135 Bunge 1.5 BG 50.08 +.45 –46 1.6m 4o

60 99 25 A D+172 CFInds .8 CF 47.63 +.93 –61 1.5m 3o

66 98 28 B B+70.0 CNHGlobl 2.8 CNH 15.20 +.37 –29 326 4ò43 16 57 D B+21.4 Cadiz CDZI 11.99 +.93 +15 44 .. ê

59 64 42 B A–94.9 Deere 3.0 r DE 37.65 –.22 –30 4.3m 8o

44 23 83 E B–23.2 ImprlSgr 2.1 IPSU 13.64 +1.07 –18 63 ..o67 97 30 A C+76.2 IntPotashn IPI 19.92 –.08 –20 1.1m 13o

78 42 95 C B+43.4 Kubota 1.8 KUB 35.80 +1.61 +5 68 16 ê47 58 29 B B 28.8 LSBInds LXU 8.17 +1.02 –3 223 5 ê54 93 21 A D–131 Lindsay .9 LNN 32.49 –1.71 +43 533 9o

69 91 50 B D–145 Mnsnto 1.4 r MON 69.52 +1.05 –52 4.1m 18ò61 98 18 A C 163 Mosaic .6 MOS 34.20 +.33 –60 4.1m 5ò75 99 29 A B–241 Potash .5 r POT 73.80 +.58 –63 5.8m 7ò67 27 96 C A–40.7 ScottMG 1.7 SMG 29.13 +.45 –19 636 14 ê97 99 88 A B 59.5 ScQmMra 2.5 SQM 23.39 –1.19 –10 1.2m 14o

88 93 72 A C+66.8 Syngenta 2.0 SYT 38.52 +1.20 +32 1.0m 12o

53 74 24 A C+57.6 TerraI 2.4 r TRA 16.33 +1.07 –50 2.2m 3o

87 94 71 A C+171 TerraNit 11 TNH 93.74 +1.57 –46 62 6 ê

25. APPAREL83 59 95 C B–22.4 Carters CRI 19.04 +1.39 –51 731 14 ê47 38 52 B B–37.0 Cheroke 12 CHKE 16.39 +.43 –28 32 9 ê84 87 65 A C+37.6 Coach r COH 20.36 +.60 –50 3.5m 9ò66 54 79 C C+49.5 ColumSp 1.8 COLM 34.90 +1.09 –73 80 10o

86 97 55 A C+165 DeckrsOut DECK 78.91 +2.37 –33 550 13o

92 72 98 .. A+17.2 FGXIntl FGXI 13.95 +.59 +41 135 18 ê39 61 21 B E 20.6 GIIIApparel GIII 6.25 +.31 +4 196 5 ê47 85 17 A E 42.7 GildanActv GIL 10.70 +.46 –46 803 7 ê32 58 30 D D+37.7 Hanesbrd HBI 12.14 +.11 –33 924 6o

76 84 48 A C+22.8 IconixBr r ICON 9.20 +.35 –48 396 7o

10 34 15 E D 22.1 JonesAp 10 JNY 5.41 +.86 +8 2.9m 5o

57 32 78 D B+17.7 KSwiss 1.7 KSWS 11.72 +.28 –64 98 26 ê14 14 25 D B–19.7 KenCole 5.3 KCP 6.76 +.88 –32 97 35 ê2 29 2 E E 22.8 LizClaib LIZ 2.35 +.15 –59 1.5m 3o

61 55 58 B C+17.6 Maidenfrm MFB 9.83 +.56 –43 71 8 ê18 44 23 D E 27.2 Movado 3.4 r MOV 9.32 +.82 –12 328 6 ê84 81 70 A C 70.6 NikeB 2.0 r NKE 49.69 +.75 –50 2.4m 13o

11 22 16 D D+29.9 OxfrdInd 8.1 OXM 8.85 +1.06 –27 195 5o

15 35 14 D C+29.3 PerryEllis PERY 5.71 +.47 –55 102 4 ê45 67 31 B D–47.9 PhilpsV .8 PVH 19.27 +.72 –55 448 6 ê76 87 62 B D 80.5 PoloRL .4 r RL 44.61 +2.41 –45 1.2m 9o

61 80 55 C D–25.2 SkechersA SKX 12.35 +.67 –30 431 6o

91 74 90 B B+29.0 SteveMdn SHOO 20.25 +.75 –46 132 13 ê41 28 57 D B–19.4 Timberland r TBL 11.23 +.98 –47 275 10o

71 97 34 A D–31.8 TrueRelig TRLG 12.31 +.13 –38 443 7o

80 75 64 A B–47.2 UndrArmr UA 23.46 +.98 –26 688 24o

66 68 63 B D–84.6 VFCorp 4.4 VFC 53.85 +.59 –3 1.2m 9o

66 73 36 A B–28.9 Volcom VLCM 10.81 –.03 –48 188 7 ê60 88 25 B C+53.9 Warnaco WRC 18.43 +.51 –29 916 6 ê86 84 71 B B 31.2 Wolvrn 2.1 WWW 20.65 +.45 –43 312 10x

26. COMP HDWRE75 95 45 A B–201 AppleInc AAPL 86.29 –.32 –21 34m 16ò90 72 83 C A–25.2 Avocent r AVCT 17.23 +.80 –60 240 8k

61 62 68 D C+39.5 BlackBox 1.0 BBOX 24.46 +1.73 –28 124 7o

80 79 57 A B–28.2 Cisco CSCO 16.23 +.22 –54 30m 10o

67 64 78 D D–15.2 Cmpllntnya CML 9.96 +.08 –46 117 .. ê83 74 74 B B–26.7 DataDomn DDUP 18.38 +.08 –59 323 43o

27 46 34 B D–26.0 DellInc DELL 10.23 –.11 –35 16m 7o

78 73 74 D B 40.5 Diebold 3.8 DBD 26.49 –.41 –44 331 16o

79 83 67 B B 18.7 EMC EMC 10.40 +.11 –58 12m 13o

21 26 41 C D 22.5 ElecImag EFII 8.85 +.04 –22 346 10k

83 90 71 B C 52.0 HewlttPk .9 r HPQ 36.19 +.61 –54 11m 9o

20 17 43 C D–27.6 Imation 2.4 IMN 13.19 +.90 –49 154 9 ê52 53 52 D B–25.0 Intermec IN 13.35 +.80+840 3.9m 18 ê92 94 67 A B 34.2 JnprNtwk r JNPR 17.40 +.27 –65 3.4m 15ò62 67 76 C D 37.9 LexmarkA r LXK 26.58 +.55 –62 808 6o

70 82 44 A B 37.2 Logitech r LOGI 15.75 +1.00 –2 1.1m 9ò65 86 33 A D 37.4 MicrosSys r MCRS 15.89 +.69 –53 402 11 ê

62 89 39 B C 28.1 NCR NCR 13.44 +.42 –44 1.3m 7 ê88 86 77 A D+35.6 NatInstr 1.8 NATI 24.05 +.24 –30 319 17 ê73 71 53 B B+27.5 NetApp r NTAP 13.39 +.68 –42 5.3m 10o

50 58 49 B D 36.8 Netgear NTGR 11.04 +.17 –45 232 7o

82 83 67 A D+35.9 NICESys NICE 21.70 +.99 –54 192 13o

65 83 36 A E 28.9 Polycom r PLCM 13.13 +.61 –2 1.5m 8ò94 89 83 A D–20.2 Qlogic r QLGC 13.17 +.38 –42 1.6m 10ò54 40 74 C C+26.6 Rimage RIMG 12.92 +.30 –16 27 10 ê71 92 51 A E 37.0 Synaptics SYNA 15.68 +.75 –30 1.2m 10ò68 86 59 B C+27.9 Teradata r TDC 14.87 +.46 –54 564 10 ê64 93 22 A C+40.0 WestDigtl r WDC 11.23 +.24 –54 1.7m 2ò54 64 50 B D+38.5 ZebraTech r ZBRA 19.83 +.89 –47 276 11 ê

27. LEISURE29 31 35 C C 20.8 AmbasG 5.1 EPAX 9.00 –.08 –58 50 9 ê42 21 74 E D–29.0 AscentM ASCMA 20.95 –.09 –80 18 .. ê5 12 26 E E 29.9 AvidTech r AVID 10.46 +.27 +7 384 99 ê

80 68 55 A B+52.0 BallyTech r BYI 23.20 +.81 –17 827 11o

3 21 9 E D 19.6 Brunswck 1.3 BC 3.81 +.20 –42 1.4m 8o

49 81 48 D D–18.2 CallGolf 3.1 ELY 8.95 +.40 –22 475 9 ê53 63 51 B D+45.2 Carnival CCL 24.17 +1.13 –72 2.2m 8o

53 62 50 B D+44.8 CarnPLC CUK 22.38 +1.15 –74 139 7 ê40 72 44 E D–25.0 CedrFair 15 FUN 12.19 +.10 +36 225 13 ê72 75 91 .. B+37.2 ChoicHtl 2.5 r CHH 29.21 –.18 –34 423 16o

74 68 79 D B–55.2 ChrchlD 1.3 CHDN 38.38 +1.89 –21 40 19 ê21 35 33 E D–17.2 Cinemar 10 CNK 7.16 +.15 +37 575 .. ê60 91 31 A E 70.9 Ctrip 1.0 CTRP 22.34 +.83 –43 607 18o

57 37 70 C B–26.8 DiscCmA DISCA 13.83 +.27 –59 1.1m .. ê59 37 76 C D+20.0 DiscCmC DISCK 13.29 +.15 –65 272 .. ê61 22 81 B B–32.7 DrmwksAm DWA 24.23 +1.08 –34 625 13o

16 12 15 B C 42.0 GaylordEntrt r GET 10.32 +.59 –41 475 99o

20 35 22 B D–48.1 HarlyDav 8.0 HOG 16.50 +.72 –36 3.1m 5ò49 68 29 B B–36.2 HomeInns HMIN 8.60 +.11 –23 166 39 ê56 81 43 A D–18.0 IntctlH 5.0 IHG 8.20 +.03 –19 117 4 ê32 32 27 B B–49.4 IntlGame 5.2 IGT 11.26 +.76 +1 4.1m 9ò65 76 62 B D+44.8 IntlSpdw .4 r ISCA 28.19 +1.15 –45 165 8k

11 22 2 B E 107 LasVgSnds LVS 5.84 –.05 –66 7.8m 15o

43 85 17 B E 51.3 LifeTmFit LTM 12.37 +.58 –40 536 6o

22 56 17 E D–18.8 LiveNatn LYV 4.95 +.57 –41 805 49o

23 41 13 C B 86.2 MGMMirge r MGM 12.76 +.02 –73 1.3m 8o

76 59 89 D B+20.0 Marcus 2.2 r MCS 15.42 +1.22 –19 109 21 ê48 65 50 B C+37.9 MarrtInt 1.9 MAR 18.40 +.27 –40 2.9m 10o

4 46 5 C E 58.6 OrntExHA 1.0 OEH 6.88 +.41 –39 555 6o

54 60 47 C B+59.9 PennNatl r PENN 20.73 –.15 –58 467 11o

52 65 53 A E 54.3 Polaris 5.3 r PII 28.92 +1.17 –37 335 8o

37 53 35 D E 16.0 RHIEnt RHIE 7.32 +.64 –81 15 10 ê23 15 43 C E 21.0 RegalEnt 12 RGC 9.75 +.26 –70 471 13o

40 54 32 C B–43.1 RylCarib 3.4 RCL 13.34 +1.08 –48 2.2m 4o

74 87 57 B C 34.3 SciGames SGMS 17.32 +.93 –38 730 13o

67 68 60 C B–31.9 SpedwyM 2.2 r TRK 15.59 +.44 –1 126 10 ê27 60 25 B D–56.0 StarwdHt 5.5 HOT 16.37 +.26 –53 2.0m 6o

74 76 77 B B–45.9 SteinerLeis r STNR 27.90 +.10 0 127 10 ê48 67 43 D C+30.6 SteinwyMus r LVB 16.44 –.31 –24 39 7 ê51 63 46 B E 54.6 VailResorts r MTN 25.18 +.27 –56 176 10o

93 95 77 A B–41.2 WMSInds WMS 26.93 +1.16 –45 613 21o

61 82 27 A D+124 Wynn r WYNN 42.21 +.31 –63 1.1m 13o

28. MEDIA31 22 67 D D 62.7 Amrep AXR 30.95 +.25 –23 11 26 ê71 71 70 B C 50.0 BritSky 4.1 BSY 27.80 +.37 –47 52 13 ê22 48 22 C D 27.5 CBSCpA 13 CBSA 7.93 +.42 +49 85 4 ê29 48 24 C B 27.6 CBSCpB 13 CBS 7.97 +.41 –68 3.9m 4o

46 95 7 A D–31.8 CTCMedia CTCM 4.84 –.02 –45 397 4 ê43 43 58 .. D+33.0 Cablevs 2.5 CVC 16.25 +.91 +43 2.7m 46o

39 88 8 B D 116 CEurMed CETV 20.91 +.83 –37 645 6o

90 89 81 C B–22.9 CmstA 1.5 CMCSA 16.46 +.93 –47 14m 19o

SMARTSELECT® COMPOSITE RATINGEARNINGS PER SHARERELATIVE PRICE STRENGTHINDUSTRY GROUP RELATIVE STRENGTHSALES+PROFIT MARGINS+ROEACCUMULATION/DISTRIBUTION

52-wk Stock & Close Vol% Vol PHigh Symbol Price Chg Chg 1000 E666666

STOCKS DOWN

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IBD Composite RatingEarnings Per Share Growth RatingRelative Price Strength RatingSales+Profit Margins+Return On EquityAccumulation/Distribution (last 3 mos)

52-wk Dividend Close Vol% Vol PHigh Stock % Yield Symbl Price Chg Chg 1000 E6 6666

IBD Composite RatingEarnings Per Share Growth RatingRelative Price Strength RatingSales+Profit Margins+Return On EquityAccumulation/Distribution (last 3 mos)

52-wk Dividend Close Vol% Vol PHigh Stock % Yield Symbl Price Chg Chg 1000 E6 6666

IBD Composite RatingEarnings Per Share Growth RatingRelative Price Strength RatingSales+Profit Margins+Return On EquityAccumulation/Distribution (last 3 mos)

52-wk Dividend Close Vol% Vol PHigh Stock % Yield Symbl Price Chg Chg 1000 E6 6666

IBD Composite RatingEarnings Per Share Growth RatingRelative Price Strength RatingSales+Profit Margins+Return On EquityAccumulation/Distribution (last 3 mos)

52-wk Dividend Close Vol% Vol PHigh Stock % Yield Symbl Price Chg Chg 1000 E6 6666

IBD Composite RatingEarnings Per Share Growth RatingRelative Price Strength RatingSales+Profit Margins+Return On EquityAccumulation/Distribution (last 3 mos)

52-wk Dividend Close Vol% Vol PHigh Stock % Yield Symbl Price Chg Chg 1000 E6 6666

IBD Research Tables With 10 Vital Ratings

IBD TIMESAVER TABLECombined summary of key price action for NYSE & Nasdaq highest-rated stocks, a quick andeasy snapshot for busy investors. Stocks up at least 1 point or making new highs, and stocksdown 1 point or making new lows are boldfaced. Sorted by Composite Rating, IBD’s singlemost useful fundamental and technical gauge.

STOCKS UP

B8 WEDNESDAY, DECEMBER 31, 2008 INVESTORS.COM

New Highs......................................

MEDICALFacetBio n FACT 9.87 41OptimerP OPTR 11.60 17RochstrMd ROCM 15.58 47

......................................UTILITYCHEnergy(n) CHG 50.88 20SoJerInd(n) SJI 39.16 86†

......................................INSURANCENtnwdFnl(n) NFS 52.21 47OdyssyRe(n) ORH 51.52 16

......................................FINANCEOcwen Finl(n) OCN 8.78 66Stonelgh n(a) SOC 7.80 5

......................................TRANSPORTAlaskaAir(n) ALK 28.81 12

......................................TELECOMShndCm SHEN 27.84 84

......................................SVGS & LNAmBNJ ABNJ 11.75 74

......................................RETAILHotTopic HOTT 9.01 54

......................................REAL ESTPittsWVRR(a) PW 14.19 53

......................................METALS/STEELVelcro VELC 21.00 24

......................................MACHINERYInsitfTch INSU 19.74 91

......................................CONSUMERGrCanEd LOPE 18.37 62

......................................COMP SFTWRSXCHlth SXCI 18.22 91

......................................BANKSFrnklnBen BFBC 14.95 85

......................................AUTO&PARTSForcePro FRPT 5.91 74

......................................MISCPSh1–30Tr n PLW 31.71

New Lows......................................

BANKS (30)CentrueF 6.64 64TamalpaisB 8.40 84HampRdBk 7.75 35NewCntBc 4.90 73BancpInc 2.85 41FirstM&F 8.44 27CtlVlCmBc 4.75 39F P B Banp 2.65 23LNBBancrp 5.04 47CarrollBc 6.50 54PABBksh 4.00 21AbglAdms 2.24 12UnitdBcOH 9.77 81Ameriana 4.38 73PennsWds 23.00 25BchFstNtl 2.70 24Stwrdshp n 9.30 31TennCmrcB 6.00 83OptiBkHld 5.00 34HorizBcp 12.29 57CntrFin 5.85 53Popular 5.00 14CityBank 5.10 39Habershm 2.52 23VISTFncl 7.81 37StateBcp 9.53 6PacStBcp 2.60 69AppalBc 2.50 18SVB Fincl 24.77 54PatriotNBk 6.80 18

......................................SVGS & LN (16)PacPrmBcp 3.40 42GS Finl 11.86 74Teche(a) 24.20 86S I Finl 5.98 74NrthEastBc 7.12 23MutlFirst 6.67 55UnitdComBn 4.64 51C F S Bncrp 3.50 39Pamrapo 7.39 17

Broadwy Finl 3.85 84AtlCstFed 3.66 23FCmBcAmer 4.75 10NCntlBsh 10.01 54RivrVllyB 11.69 62FlushFin 11.44 58NaugatVlly 5.08 82

......................................ENERGY (14)NovaBioF n(a) 0.09 30NthnOG n(a) 2.38 53HKN rs(a) 2.39 43PetroRes(a) 0.29 60T–3 Engy 8.74 94Newpark Res(n) 2.98 97Geokinetic(a) 2.09 16EaglRkE 4.13 32EnergyPrts(n) 1.30 74ChenierE n(a) 3.76 17ChalEgy(a) 1.01 46TriValley(a) 1.51 30KodiakOG(a) 0.30 3AtlasPipln(n) 5.20 35

......................................MEDICAL (9)Medtox 7.69 74AlldHlth 2.85 56Synvista rs(a) 0.88 34InterlknG(a) 0.21 15Anika 3.00 36FacetBio n 9.87 41SklldHcre n(n) 8.28 92LfSciR 8.99 60Pozen 4.96 45

......................................FINANCE (7)CashTech(a) 0.10 31KaynAEn(n) 6.55 23IrwinFin(n) 1.38 8GenesisL(n) 2.51 78WestwdHld(n) 25.49 81TortCap(n) 4.01 2AmCpLtd 2.94 46

......................................BUSINESS SVC (6)Rewards 2.19 74

WNSHldgs(n) 5.29 81RaeSystms(a) 0.48 37DigtlAlly n 2.61 50DG Fast 11.87 67NtlTchSys 3.44 87

.....................................BUILDING (5)AmerBiltrt(a) 1.81 23Q E P 2.57 29ContlMateral(a) 16.00 51Hovnanian(n) 1.64 26OrleansHme(a) 1.18 1

.....................................RETAILiParty(a) 0.03 14Lazare Kapln(a) 3.99 74BlueSq(n) 5.59 66KrispyKrm(n) 1.66 12

.....................................COMP SFTWRIntactInt 5.69 56TakeTwoIS 7.30 26AladdinKno 6.29 35ActivsnBlz 8.54 32

.....................................MACHINERYM F R I 4.25 72BaldwinTchA(a) 1.57 59Tennant(n) 15.85 83

.....................................LEISURECllctUnv 2.42 1CycleCtry(a) 0.40 29JhnsnOtdrs 5.67 24

.....................................INTERNETKowabunga(a) 0.05 14ModusLk 2.71 12IntrntGold 2.30 67

.....................................ELECTRONICSSchmitt 3.59 34Vishay(n) 3.31 47Dionex 43.62 81

.....................................CONSUMERFlexsteel 6.68 4

SummInf 2.15 98Steelcse(n) 5.44 57

.....................................TRANSPORTAir T 5.64 92GlbShipL(n) 2.34 18

.....................................TELECOMOptlcmNKF 3.76 66CommSys 7.25 68

.....................................METALS/STEELChiRivet(a) 12.00 23Mechel(n) 3.96 95

.....................................APPARELCulp(n) 2.00 17HallwoodGr(a) 30.93 32

.....................................UTILITYSwWatr 2.70 22

.....................................SEMICNDUCTRSVirageLog 2.88 74

.....................................REAL ESTRoberts Rlty(a) 0.88 46

.....................................OFFICECross A T 2.77 90

.....................................MININGAugusta(a) 0.40 9

.....................................MEDIAMStewartA(n) 2.56 64

.....................................COMP HDWRERadiantSys 3.05 78

.....................................CHEMICALSI C O Inc 2.86 51

.....................................MISCEngex Inc(a) 1.85KapStn n 2.32 67Malaysia Fnd(n) 5.01XeriumTec(n) 0.64 44CurrShBrt 144.21

.............................................................................NYSE(n)– 6NewHighs,22LowsNASDAQ–12NewHighs,81LowsAMEX(a)–2NewHighs,27 Lows

NYSE BLOCK TRADES (10,000 SHARES OR MORE)NYSE COMPOSITE INDEX % CHANGE DAILY

30th 29th 26th 25th 24th

N/A 3399 2091 ---- 1934+2.4% -0.1% +0.9% ---- +0.3%

............................................................................................

HOURLY NASDAQ VOLUME & MARKET CHANGES

NYTime Tue Mon Chg Nasdaq Composite.

10 AM 127 116 +10 +8.8 1519.111 AM 309 310 -1 +17.7 1528.012 PM 496 447 +49 +31.9 1542.201 PM 671 567 +104 +27.0 1537.302 PM 817 692 +124 +21.9 1532.203 PM 985 839 +145 +25.0 1535.304 PM 1387 1166 +220 +40.3 1550.7

TOTAL 1387 1166 +220............................................................................................

NASDAQ BLOCK TRADES (10,000 SHARES OR MORE)

30th 29th 26th 25th 24thN/A 5345 2589 ---- 2232............................................................................................

CBOE Market Volatility Index (over 50 is bullish)05/20/08 14.1 10/10/08 103.4 07/15/05 8.2 10/10/08 103.4 46.0

...............................................................................................Ratio of price premiums in Puts versus Calls01/21/08 0.34 10/06/08 2.58 01/21/08 0.34 10/06/08 2.58 1.66

...............................................................................................Mutual Fund Share Purchases/Redemptions (X-Money Market Funds)10/01/08 0.68 05/01/08 1.25 10/01/08 0.68 12/01/06 1.50 0.68

...............................................................................................

NASDAQ Daily Trading Volume as % of NYSE Daily Volume11/28/08 103.3 08/29/08 207 09/16/05 79.1 08/29/08 207 152

...............................................................................................

Number of Stock Splits in IBD 6000 (prior 30 days)03/03/08 15 01/04/08 70 03/03/08 15 06/19/06 87 63

...............................................................................................

New Issues in Last Year as % of All Stocks on NYSE12/29/08 1.5% 01/31/08 8.5% 12/29/08 1.5% 03/16/05 9.3% 1.5%

...............................................................................................Price-to-Book Value of Dow Jones Industrial Average11/20/08 2.05 01/01/08 4.24 11/20/08 2.05 10/09/07 4.42 2.30

...............................................................................................Price to Earnings Ratio of Dow Jones Industrial Average12/08/08 0.0 05/29/08 102.0 12/08/08 0.0 05/29/08 102.0 20.6

...............................................................................................

Current % Dividend Yield of Dow Jones Industrial Average01/01/08 2.35 11/20/08 4.16 02/17/04 1.95 11/20/08 4.16 3.72

TUESDAY VOLUME TOTAL 1,431,760,000

1990 STOCKS ADVANCED ON 1,083,672,000

964 STOCKS DECLINED ON 325,010,000

125 STOCKS UNCHANGED ON 23,078,000

HOURLY NYSE VOLUME & MARKET CHANGES

NYTime Tue Mon Chg S&P500 Dow Jones Ind.

10 AM 330 340 -10 +3.9 +19.9 8503.911 AM 766 803 -37 +7.7 +62.7 8546.612 PM 1174 1160 +13 +14.7 +142.3 8626.201 PM 1540 1481 +59 +13.0 +124.5 8608.502 PM 1859 1796 +62 +10.0 +94.1 8578.003 PM 2269 2173 +96 +11.9 +107.3 8591.204 PM 3234 2980 +253 +21.2 +184.4 8668.3

TOTAL 3234 2980 +253............................................................................................

Based on a study of stock market winners,most stocks on the New Highs list tend to gohigher. You can also use our unique NewHighs list to spot new groups assertingmarket leadership. Stocks listed within eachgroup are in order of stocks showing thegreatest % increase in trading volume.Closing price and Earnings Per Share (EPS)Rating are also shown. For more informa-tion, consult IBD’s free education modules atwww.investors.com. Nasdaq stocks over $2only. †See Graphs in NYSE or Nasdaq StocksIn The News. Boldfaced stocks carry an EPSRating of 95 or higher.

86 89 78 C C+22.5 CctSp 1.6 CMCSK 15.79 +1.09 –58 3.7m 18o

47 58 46 B B–24.7 ChorusE 4.2 r CJR 11.25 +.92 +16 29 8k

92 88 84 A D–29.1 DirecTV r DTV 22.41 +1.26 –45 6.5m 16o

44 67 23 B D 36.1 DishNetwk DISH 11.11 +.66 –23 3.4m 5o

4 2 34 D E 40.0 FishrComm FSCI 19.08 –.09 –50 18 79 ê5 26 15 C E 39.5 Gannett 20 GCI 7.97 +.47 –29 3.5m 2o

56 56 50 B C+28.1 GpTelevs 2.4 TV 14.65 +.15 –45 1.4m 11o

4 40 11 D E 24.5 HrstArgT 4.5 HTV 6.24 +.38 +2 245 9 ê37 45 28 D C+41.4 LibtyGlbA r LBTYA 15.41 +.72 –43 1.8m ..o30 45 28 D E 38.5 LibGlobC r LBTYK 14.46 +.59 –9 837 .. ê20 23 10 B C+24.0 LibMCapA r LCAPA 4.42 +.14 –35 915 ..o75 69 61 B B+28.6 LibMEntAn LMDIA 16.94 +.95 –48 2.3m 1o

59 63 48 B B–47.1 McGrwH 3.9 r MHP 22.85 +.11 –13 2.6m 8ò1 36 2 E E 21.9 MediaGe 26 MEG 1.82 +.22 +29 544 4 ê

17 36 30 C E 55.5 Meredth 5.2 r MDP 16.40 +.14 –26 438 5ò5 13 23 C D–21.1 NYTimes 3.4 NYT 7.02 ... –35 1.1m 8o

61 78 47 B C 21.7 NewsCo 1.3 NWS 9.37 +.06 –64 2.2m 7o

60 81 64 .. B–40.1 ReedEls 4.6 ENL 23.98 +.50 –40 90 8 ê47 75 52 .. D 54.6 ReedEls 4.9 RUK 29.34 +.40 –57 30 9 ê77 65 75 A B–46.4 RogrsCo 2.6 r RCI 30.03 +1.40 –42 525 13o

19 35 25 D D+37.6 Scholas 2.4 r SCHL 12.76 +.09 –15 322 10 ê27 30 42 D D 45.0 ScrippsN 1.4 SNI 22.05 +1.13 –45 502 .. ê93 97 81 A D+24.8 ShawCom 3.6 SJR.17.67 +.62 –2 439 16k

83 86 81 C B–31.6 TWCable TWC 21.76 +1.56 –9 1.6m 17o

56 82 62 D D–16.9 TimeWr 2.5 TWX 10.07 +.42 –40 19m 9o

56 64 48 B B+44.5 ViacomA VIA 19.26 +.69 –54 84 7 ê49 64 43 B B–44.5 ViacomB VIAB 18.21 +.66 –63 1.9m 7 ê71 76 63 B C+35.0 WaltDsny 1.6 DIS 22.48 +1.01 –40 11m 9o

50 53 47 C B+823 WashP 2.2 WPO 383.7+16.98 –34 27 13 ê83 79 79 B B–51.8 WilyJhnA 1.5 JWA 34.63 +1.14 –55 114 14 ê41 29 59 B C 19.9 WWEnte 13 WWE 10.77 +.13 –39 158 14 ê

29. METALS/STEEL33 67 7 B D+73.1 AKSteel 2.2 AKS 8.99 +.40 –62 3.2m 1ò34 56 34 B D 88.7 AllegTch 3.0 ATI 24.13 +.67 –57 1.0m 4ò44 29 38 B A 53.2 AlmChina 2.4 ACH 13.21 –.08 –34 1.0m 7o

75 91 47 A B–53.7 AmpcoPit 3.4 AP 20.91 +1.26 –31 51 4 ê46 90 17 A D–104 ArcelrMt 5.2 MT 24.26 +.92 –59 2.7m 2o

58 86 40 B B–34.5 BarnesG 4.7 r B 13.52 +.81 –31 436 6 ê50 85 32 C B 39.3 BrushEMat BW 12.09 +.37 –43 191 7 ê37 58 35 B B–76.1 CarpTech 3.5 CRS 20.35 +.92 –43 428 5o

30 54 31 C C+34.2 CastleAM 2.1 CAS 11.30 +1.08 +1 169 5 ê44 87 6 A E 80.5 CenturyAl CENX 9.45 +.58 –77 457 1o

40 55 29 B B–39.8 CmrclMt 4.2 CMC 11.53 +.44 –25 2.5m 6o

39 60 25 B C+52.5 ComphSi 12 SID 12.50 +.77 –51 2.1m 6o

69 80 41 A B–62.5 DynMatl .8 BOOM 18.31 +.32 –56 124 8o

78 89 78 C B–53.2 FosterLB r FSTR 30.06 +.81 –34 102 11o

54 79 62 D D–24.6 Gibrltr 1.8 ROCK 11.15 +1.13 –12 375 7x

84 74 76 B D+25.6 HawkClA r HWK 14.95 +.23 +48 44 6 ê49 74 26 B C+70.3 HaynsIntn HAYN 24.64 +2.06 –27 119 4o

79 76 66 B B–55.6 ILToolWk 3.5 ITW 35.01 +1.43 –41 2.7m 10o

10 8 19 C D–79.8 KaiserAl 4.5 r KALU 21.35 +1.47 –15 292 4 ê74 70 60 A B–61.6 Kaydon 2.0 KDN 33.57 +2.44 –33 407 14 ê59 81 33 B B–45.5 Ladish LDSH 13.12 –.71 +21 205 6 ê43 95 3 A E 58.7 Mechel 23 MTL 3.96 +.23 –46 2.0m ..o54 38 83 C C 36.7 Mueller 1.7 MLI 23.39 +.67 –2 288 8 ê53 80 36 C C+41.0 NCIBldg NCS 16.44 +1.03 –39 276 3o

24 86 4 C E 17.4 NNInc r NNBR 2.05 +.02 –59 141 1 ê

92 94 89 C C+65.2 NWPipe NWPX 43.39 +2.58+571 1.5m 13o94 97 84 A B–83.6 Nucor 3.0 NUE 46.08 +1.62 –51 4.3m 6ò53 84 32 C B 78.3 OlympcSt 1.1 ZEUS 18.98 +1.35 –35 191 2o

56 75 55 B B–156 POSCO 2.9 PKX 74.65 +.83 –52 581 5o

24 12 41 E A–18.4 Quanex 1.4 NX 8.66 +1.10 –13 223 10 ê63 85 38 A E 44.0 RBCBear ROLL 19.98 +.19+181 601 10 ê20 50 25 B E 72.7 RTIIntl RTI 13.45 +.36 –63 251 4o

57 96 19 B D+78.4 RelStlAl 2.0 RS 19.70 +.56 –49 973 2o

83 91 53 A B 118 Schnitzr .2 SCHN 37.11 +1.37 –64 290 4ò62 93 25 A C 41.5 SimsGrp 4.9 SMS 11.99 +.55 –56 176 3o

49 92 26 A E 75.4 Tenaris 3.7 TS 20.80 +.61 –82 748 5o

81 94 50 B B+38.7 Timken 3.8 TKR 19.09 +2.03 +20 1.4m 5o59 98 15 A C+196 USSteel 3.2 X 37.55 +2.70 –35 7.3m 2o

22 49 25 C D–41.7 UnivStnls USAP 13.19 +1.18 –10 35 5k84 96 62 A B–120 Valmont .8 VMI 63.00 +3.46 +50 617 13o

34 37 50 C D+26.1 Worthn 6.4 WOR 10.70 +.50 –35 814 5o

30. MISC33 74 19 C D–38.8 AlbnyInt 3.9 AIN 12.20 –.04 +29 420 5x

92 79 82 B B–46.2 Aptargrp 1.7 ATR 34.81 +1.35 –47 279 15 ê11 25 5 B E 92.2 AracrzC 11 ARA 10.79 +1.06 –41 536 ..k88 66 88 B B 56.2 Ball 1.0 r BLL 40.92 +.82 –17 935 11ò84 61 87 C B 29.7 Bemis 3.7 BMS 23.69 +.19 +27 1.6m 13o

50 44 61 D C+144900 BrkHaA BRKA 92000 – 590 –7 1 15 ê50 44 60 D C+4858 BerkHaB BRKB 3056–32.00 –17 38 15 ê64 66 50 B D+40.5 Carlisle 3.1 r CSL 20.07 +.95 –26 421 6 ê88 85 84 B C+56.7 Chemed .6 r CHE 38.38 +.94 +22 393 11 ê.. .. 51 .. D+19.1 CRJSB–1 .3 RYJ 10.20 +.40 +40 35 .. ê

35 56 25 B E 46.3 Crane 4.9 CR 16.20 +.61 –54 300 5 ê91 84 71 B B 29.6 CrownHldg r CCK 18.85 +.41 –32 1.4m 11o

64 70 42 B D+52.5 DuPont 6.5 DD 25.11 +.62 –38 6.6m 6ò94 74 84 B A–54.1 ESCOTech ESE 39.54 +.60 –7 257 22 ê78 86 56 B B–99 Eaton 4.2 ETN 48.08 +1.08 –22 1.9m 6ò87 84 68 A B 58.7 EmrsnEl 3.7 r EMR 35.91 +1.62 –49 3.4m 11o

49 48 45 D A–17.0 FedSignl 3.1 FSS 7.75 +.09 –41 225 10 ê45 38 51 C C+74.4 FortuneB 4.4 r FO 40.11 +.71 –47 818 8ò52 59 35 B B–38.5 GenElect 7.8 GE 15.82 +.16 –51 57m 7ò.. .. 86 .. C+18.0 GlbIncC 10 GCF 13.92 –.07 –64 25 ..k

72 94 29 B C+73.5 GreifA 4.7 GEF 32.03 –.05 –16 332 7o

68 90 36 B C+66.5 Harsco 3.0 r HSC 26.07 +1.32 –55 437 7o

41 45 39 D C+77.3 Hitachi 1.3 HIT 38.81 +.42 +20 137 .. ê83 87 55 B A–63.0 Honywel 3.4 HON 32.59 +1.38 –47 4.0m 8ò91 88 71 A B–69.7 ITTCorp 1.6 ITT.45.10 +1.37 –27 1.4m 10o49 49 22 B B–135 IcahnE 3.8 IEP 26.51 +.46 –32 29 .. ê52 84 23 C D 33.8 IntPaper 8.6 IP 11.64 +.21 –38 4.6m 4o

.. .. 56 .. B–57.6 iShACWX .9 ACWX 30.35 +.71 +10 314 99 ê

.. .. 42 .. C 54.4 iShThai 7.3 THD 23.71 +.30 –21 11 99 ê45 72 30 C C 31.5 Kadant r KAI 12.35 +.73+187 303 6 ê78 81 50 C B+38.6 KamanA 3.1 KAMN 18.23 –.27 +13 199 12 ê64 60 44 A B 43.4 KonPhlps 4.7 PHG 19.70 +.26 –24 780 4ò65 25 85 C B 41.6 Lancstr 3.4 LANC 33.55 +.66 –50 89 19 ê36 74 20 D E 56.9 LeucdNatl LUK 18.92 +.47 –57 1.2m 72o

77 84 67 B D 35.3 MDURes 2.9 MDU 21.35 +.95 –50 796 9ò31 66 21 D D 32.2 MeadWv 8.6 MWV 10.69 +.08 –20 1.5m 10 ê37 48 21 C A–30.2 NeenahP 4.6 NP 8.66 +.20 –32 89 5 ê93 97 76 A B+30.4 Olin 4.7 OLN.16.93 +.56 +1 1.3m 7o

81 85 60 B B 60.6 OwensIllinois r OI 26.65 +.22 +94 4.2m 6o

46 56 37 B D 28.9 PackAmr 9 PKG 12.93 +.54 –43 750 8k

79 43 90 B C+32.3 Pactiv PTV 24.45 +.47 –45 1.5m 14k

59 30 66 C B 48.2 PicoHlds PICO 26.40 +1.28 –46 63 .. ê60 52 56 C B 45.5 Potlatch 8.0 PCH 25.45 +1.34 –42 740 11 ê.. .. 51 .. C 27.0 PSEmgMk 7.0 PXH 13.60 +.22 –3 71 .. ê

73 83 56 A E 47.8 RavnInd 2.2 r RAVN 24.18 +.90 –37 87 13 ê93 88 94 B D+46.4 RockTen 1.2 RKT.34.65 +2.54 +5 614 12k

81 63 90 D A–27.0 SchwtzM 3.0 SWM 19.70 +1.78 –40 78 19 ê51 43 55 B D 28.3 SealAir 3.3 SEE 14.72 +.36 –5 1.6m 10 ê60 65 59 C C+160 Siemens 2.1 r SI 75.25 +2.56 –60 612 25ò90 84 88 B C 58.3 SilgnHld 1.4 SLGN 47.98 +1.62 –44 192 13 ê69 70 66 B D–35.8 SonocoP 4.8 SON 22.46 +.46 +93 1.3m 9o

74 80 80 D C 30.0 StandexI 4.4 SXI 19.21 +.66 –25 96 10 ê84 77 77 B D+68.2 Teleflex 2.8 r TFX 48.20 +.66 –39 197 12o

5 18 12 E C+26.1 TempleI 8.8 TIN 4.54 +.33 –41 1.6m 20o

82 45 86 A C+41.2 Thomson 3.7 TRI 28.89 +.53 –50 235 17o

79 76 71 A D+86.1 3M 3.5 MMM 57.17 +1.80 –53 3.7m 10o

69 42 94 D B 21.0 Tredegar .9 TG 17.67 +.96 –39 135 22 ê46 68 38 C E 48.0 TycoIn 3.3 TYC 21.48 +1.07 –57 2.3m 6o

88 84 76 B B–77.5 UntdTech 2.9 r UTX 53.04 +1.71 –44 4.8m 10ò55 98 11 A D–111 WaltrInd 2.4 r WLT 16.37 +.31 –33 1.7m 5o

31. OFFICE57 50 56 B C+54.0 AveryDe 5.1 AVY 31.96 +.57 –54 651 8o

59 75 55 B D–40.0 BradyA 2.9 r BRC 23.27 +1.25 –35 361 9 ê52 54 63 B D–55.0 Canon 3.3 r CAJ 31.05 +1.35 –46 531 9 ê49 45 76 .. B+33.6 Deluxe 6.8 DLX 14.76 +.96 +1 601 5k

58 42 63 C B+19.9 EnnisI 5.3 r EBF 11.62 +.57 –42 86 7 ê35 18 58 D C+42.3 Fujifilm 1.3 FUJI 21.87 +.68 –5 197 14 ê60 58 63 B C 39.4 PitneyB 5.6 PBI 25.01 +.95 –53 942 9o

32. REAL EST38 23 61 E A–58.4 AvatarHldg r AVTR 25.26 +.81 –36 35 .. ê36 66 30 B E 37.2 BrkfldAs 3.6 r BAM 14.64 +.86 –16 2.2m 13o

18 49 21 D E 22.1 BrkfldPr 7.7 BPO 7.24 +.39 –43 2.8m 15 ê3 9 4 E D 44.9 ForestCA FCEA 6.21 +.75 –47 782 .. ê

14 15 27 D B 29.5 Forestarn FOR 8.35 +1.50 –32 502 23 ê71 95 59 B C 49.2 GpAerPac 8.3 PAC 21.99 +.02 –70 109 7 ê78 74 64 B B+63.5 GrupoAer 5.1 ASR 38.06 +1.31 –24 103 10 ê33 38 27 B C+90.8 JonesLaL 1.9 JLL 26.60 +1.08 –21 690 6o

36 99 13 D E 30.3 MIDevl 8.2 MIM 7.35 ... –34 56 5 ê10 16 21 E D+34.3 MauiLdPn MLP 12.03 +.40 +22 27 .. ê24 10 50 E B 46.8 StJoe JOE 24.18 +.50 –24 1.2m 57o

44 30 50 B D–44.4 TejonRnch TRC 24.07 +.50 +1 96 82 ê70 42 74 B B 34.6 WPCary 8.6 r WPC 22.82 +.70 –13 66 12 ê

33. SEMICNDUCTRS18 43 20 C E 33.6 ASMIntl ASMI 8.66 +.25 –74 24 7 ê69 55 75 B B+31.9 ASML 1.8 ASML 17.90 +.72 –64 1.1m 9ò57 78 52 C C+33.0 ATMI ATMI 15.08 +.20 –49 208 11 ê58 26 81 D B 18.8 Actel r ACTL 11.94 +.30 –38 98 42 ê54 54 67 D B–17.0 AdvEngy AEIS 10.10 +.55 –54 197 20 ê33 23 59 E B–29.8 Advantst 2.9 ATE 16.03 +.23 –69 13 .. ê92 91 79 A C+24.2 Altera 1.2 ALTR 16.75 +.86 –26 6.7m 15o

70 78 51 A B–36.4 AnalogD 4.2 ADI 18.84 +.73 –58 2.5m 10o

35 35 42 C C+21.8 AppMat 2.4 AMAT 10.15 +.35 –60 8.5m 11o

82 94 37 A B 34.8 Atheros ATHR.14.05 +.74 –47 923 10o

91 85 74 B B+29.9 Broadcom BRCM 17.15 +.88 –48 7.1m 16ò48 34 71 C C 43.2 CabotMic r CCMP 25.51 +1.04 –66 107 15k

68 74 45 A D 26.6 Caviumn CAVM 10.15 +.04 –42 432 29k

23 3 68 E C 20.5 Cohu 2.0 COHU 11.98 +.46 –41 71 63 ê58 68 48 C C+35.5 Cree r CREE 15.27 +.56 –43 602 27ò48 37 70 C C+39.6 Cymer r CYMI 21.46 +.77 –71 155 12o

42 61 8 B B–31.3 Diodes DIOD 5.67 +.09 –23 656 3o

11 10 23 D C+20.8 ElecSci r ESIO 6.78 +.50 –46 94 11k

31 23 61 D D+34.5 FormFactor FORM 14.14 +.71 –51 247 ..o

92 82 73 A B+49.3 Hittite HITT 29.45 +.51 –47 216 17 ê72 75 60 B B+27.3 Intel 3.8 INTC 14.69 +.56 –53 36m 10ò53 88 24 B D–29.8 Intersil 5.3 ISIL 9.07 +.58 –25 2.1m 5ò35 23 47 E A–34.4 IntlRect r IRF 13.01 +.23 –6 811 ..o36 39 42 C B–49.2 KLATncr 2.7 r KLAC 21.91 +1.38 –38 2.9m 9ò48 38 45 B B+44.7 LamResrch LRCX 21.76 +.98 –23 2.5m 8o

81 84 62 A C+37.8 LinearT 3.8 LLTC 22.30 +.77 –46 3.3m 11ò51 93 11 A D–92.3 MEMCElctr r WFR 13.73 +.65 –44 4.0m 4ò42 30 62 D B–25.9 MKSInstr MKSI 14.44 +.83 –56 207 13 ê72 83 48 A B+38.4 Micrchp 7.0 MCHP 19.23 +.90 –43 2.3m 11ò63 93 30 A D–28.5 Microsemi MSCC 12.08 +.42 –36 1.1m 9ò78 93 49 A C 29.1 MnPwSy r MPWR 11.99 +.31 –64 226 11 ê42 44 32 B B–24.8 NatSemi 3.2 NSM 9.93 +.43 –44 3.6m 9o

90 91 63 A B+40.3 NetLogic NETL 21.41 +.56 –78 163 13o

26 24 39 D B 28.1 Novellus NVLS 12.24 +.49 –42 1.3m 20o

76 74 62 A B–35.0 PwrIntg .5 POWI 19.74 +.37 –40 234 14 ê21 31 23 D B–34.1 SanDisk SNDK 9.17 +.11 –66 3.4m 43o

75 62 73 B A–18.6 Semtech r SMTC 11.28 +.42 –37 594 11o

28 11 31 B B 58.6 SigmaDsgn r SIGM 9.27 +.27 –31 360 4o

82 69 68 A B 39.2 SilcnLab SLAB 24.61 +1.18 –51 499 13o

50 67 41 B C+39.6 StdMicro r SMSC 16.37 +1.02 +17 179 8ò86 84 87 C B–35.0 Supertex SUPX 23.98 +.81 –29 95 17k

41 31 40 B C 45.0 Tessera TSRA 11.20 –.02 –58 398 10o

54 61 42 B B–33.8 TexsInst 2.9 TXN 15.16 +.49 –20 14m 8ò90 62 98 D B+18.1 Trnsmtahrs TMTA 17.95 +.02 –43 107 ..o84 74 90 D B 17.2 Ultratech UTEK 11.68 +.24 –40 140 27o

44 35 47 C B+41.2 VarianSm r VSEA 18.20 +.10 +34 1.4m 14ò12 4 29 C D+28.0 Verigy r VRGY 9.43 +.18 –78 104 7 ê82 84 69 A B–28.2 Xilinx 3.2 r XLNX 17.62 +1.05 –33 5.6m 12ò

Consumer Close 657.87+15.14 (+2.35%) Since Jan 1, –19.77%.....................................................................................................................

BedBath Coach eBay Gap KohlsLowes ProctGm Starbucks Staples TargetTiffany Walgrn WalMrt

Gold Close 82.37–1.01 (–1.21%) Since Jan 1, –22.4%.....................................................................................................................

BarrckGld AgnicoEg ASA AngloAshan GoldFldsGoldcorp NewmtM

Senior Growth Close 433.8+9.13 (+2.15%) Since Jan 1, –22.95%.....................................................................................................................

Amgen ApolloGrpA Citigrp Cisco eBayEMC Lowes Medtronic 3M OraclePfizer SAP AG Teva UtdAmHlth

Dow Trans. Close 3438.64+103.97 (+3.12%) Since Jan 1, –24.77%

Defensive Close 986.45+16.32 (+1.68%) Since Jan 1, –24.83%.....................................................................................................................

ConAgra Cerner ColgPlmv CmpblSp DukeEngyExelon FPL Grp GenMills HeinzHJ Coca ColaKroger Altria Merck NE Util PepsiCoPfizer ProctGm Sara Lee SouthnCo SafewayAT&T UST

Health Care Close 3226.92+60.77 (+1.92%) Since Jan 1, –29.13%....................................................................................................................

Amgen BaxterIntl Biovail CardlHth ExprsScrptJohnsnJn Medtronic Pfizer StJudeMed StrykerTeva UtdhlthG Varian Med WellPoint Zimmer

Computer Close 885.96+22.53 (+2.61%) Since Jan 1, –31.67%....................................................................................................................

Adobe Sys AutoData CAInc CheckPtSf ComputrSciDell Inc EMC HewlttPk IBM IntuitSunMicro rs JackHn Micrsft NetApp OracleSymantec

Dow Utilities Close 363.83+5.25 (+1.46%) Since Jan 1, –31.68%

Dow Indus. Close 8668.39+184.46 (+2.17%) Since Jan 1, –34.65%

Defense Close 598.73+22.18 (+3.85%) Since Jan 1, –35.3%....................................................................................................................

AllintTch Boeing CACI Intl Cubic CurtsWrtGenDyn Goodrich L3 Commun LockheedM NorthrpGPrecCast RaythnB Teledyne

Russell 2000 Close 482.77+16.62 (+3.57%) Since Jan 1, –36.98%

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Psychological Market Indicators12 MONTH HISTORY 5 YEAR HISTORY

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79 23 97 B- 16.5 AMR AMR 10.41 0.04 -5885 32 97 A- 3.3 ATS Med ATSI 2.65 0.04 -3092 77 95 D 25.9 AaronRntA RNTA 21.35 0.25 -7589 68 89 B 12.4 AbngtBc ABBC 9.51 0.19 -7295 78 96 B 11.0 Aceto ACET 9.39 0.38 -3090 74 92 B- 10.5 AcuraPh n ACUR 7.21 -0.22 -5178 74 93 B 4.2 Adaptec ADPT 3.34 0.04 -3584 23 99 B+ 9.1 AirTranHg AAI 4.50 0.11 -2585 18 94 B- 7.0 Airvana n AIRV 5.92 0.13 -25

91 77 89 B- 27.7 AllncFnl ALNC 22.50 -0.04 -9783 68 71 B- 7.5 AllionHth ALLI 4.11 0.26 -7590 74 97 C+ 11.7 AmerSvcGp ASGR 9.80 -0.33 -4395 74 96 B 11.8 AmBNJ ABNJ 11.75 0.09 3490 74 98 E 9.5 AmCareSrc ANCI 6.55 0.02 -4781 21 97 A- 11.3 AmerComBc ACBA 10.25 0.25 -3797 74 99 B+ 24.6 AmItPasta n AIPC 23.08 0.60 3594 87 81 B 8.3 Am Med Alert AMAC 4.81 -0.12 -5497 93 73 C+ 12.3 AmerOrBio AOB 6.30 0.18 4

86 58 88 B 17.4 AmerRvr AMRB 10.23 -0.87 -6988 52 97 A- 42.1 AmesNtl ATLO 25.90 0.89 -6398 99 77 B+ 17.5 AmTrFin AFSI 11.34 0.14 -2092 59 89 B+ 17.2 Anaren ANEN 11.30 0.40 4695 73 92 B 21.2 AnnalyCap NLY 15.29 0.29 -3893 74 90 B+ 10.3 Anworth ANH 6.42 0.16 -6682 53 86 A- 13.0 ArcSight n ARST 7.28 0.45 -1584 37 93 C 168.6 ArdenGpA ARDNA 122.70 0.60 -7291 72 91 B- 10.4 Arris ARRS 7.73 0.54 -4581 61 76 B- 19.3 Artesian ARTNA 14.35 0.35 -2186 67 95 C+ 14.9 Asiainfo ASIA 11.33 0.22 -1997 85 89 C 133.9 Atrion ATRI 98.80 -0.50 23590 85 70 B- 16.0 BCBBncrp BCBP 10.53 -0.91 6990 65 78 B+ 17.5 BJSRest BJRI 10.35 0.33 -484 89 56 C+ 8.2 BOFIHldg BOFI 4.50 0.00 -59

85 82 65 B 60.0 BcoChile BCH 32.19 0.14 -8491 66 97 .. 23.0 BkKY Fn BKYF 21.20 1.20 383 64 78 C+ 33.6 BankMarin BMRC 23.77 -0.98 15683 40 89 B- 15.1 BankSC BKSC 12.89 0.90 -8282 39 81 B+ 11.1 BeaconF n BFED 8.25 0.00 28589 53 98 A 8.0 BigBand n BBND 5.61 -0.21 -2081 71 67 D 108.7 BioRad B BIOB 69.71 0.00 -8985 60 83 B 14.9 Biovail BVF 9.23 0.31 -2979 40 74 B 15.4 BlkRKel n BKCC 9.17 1.02 -1588 53 88 D 22.8 BrdgeBcp BDGE 19.40 0.00 -2996 84 97 .. 23.1 BrinksHS CFL 21.95 1.02 -1479 68 74 C 18.0 Brt&Ktz BKBK 11.00 -2.30 18293 53 98 B 3.5 BrdpntSec BPSG 2.71 0.19 -1993 76 94 B 15.7 BrklynFed BFSB 13.83 0.23 -4587 71 81 C 63.2 BrownForA BFA 49.50 1.18 188 39 90 A 28.2 BrynMwr BMTC 20.38 0.34 -7487 86 53 B 13.8 CAE CGT 6.51 -0.01 -6499 90 90 B+ 9.8 CBIZInc CBZ 8.39 0.03 7680 79 70 C+ 12.0 CGI Group A GIB 7.63 -0.04 -5380 80 60 B- 17.7 CMSEnrgy CMS 9.65 0.21 -5578 47 91 D 12.1 CV Thera CVTX 8.98 0.09 -5591 70 82 B 38.0 CamdnNtl CAC 26.27 0.62 -2396 76 98 A 15.4 Cantel CMN 13.97 0.06 -4885 52 84 C+ 10.2 CapeBncp n CBNJ 8.50 0.40 1395 74 84 A- 18.6 CapstdMtg CMO 10.37 0.11 -4697 38 97 B 13.5 CastlePt CPHL 13.10 0.61 1280 50 97 A- 8.2 CatapltCom CATT 6.74 0.58 789 76 96 A 9.5 CentnlComm CYCL 8.04 0.02 -4578 74 77 D+ 11.4 CentrBc CNBC 8.28 0.39 99983 23 97 A- 18.0 CntrstBk CSFL 16.30 0.01 -5898 99 87 .. 13.3 CnElBras EBR 11.04 0.41 -2598 99 82 .. 12.4 EBRB EBRB 10.39 0.39 -4382 74 77 C+ 5.2 CtrlFed CFBK 3.10 -0.25 7385 60 95 B- 8.2 CntlGardn CENT 5.80 0.06 3684 55 97 B- 7.7 CnGard A CENTA 5.93 0.24 -1679 60 81 B- 22.5 CntyBcMA CNBKA 14.48 0.00 14183 85 51 A- 28.0 ChinaDig n STV 7.73 0.52 -1598 98 68 B- 13.0 ChinaFire n CFSG 7.00 0.78 -4197 99 53 C 8.0 ChinaInfo CPBY 3.60 0.26 999 95 98 A+ 17.1 CinaSky CSKI 16.09 0.19 17181 74 46 B+ 44.7 ChinaSAir ZNH 8.80 -0.50 -982 43 61 C 11.5 ChinaBiot CHBT 8.00 0.00 -9486 89 53 C+ 7.2 ChinaCEd n CAST 2.30 0.15 -1489 51 85 C+ 8.6 ChinaEdu n CEDU 4.59 0.03 -2893 78 94 B+ 25.8 CitizNthn CZNC 20.00 0.28 -1296 77 86 B- 9.3 CtzCmtyB CZWI 7.00 0.45 26795 65 97 A+ 22.0 CitizHold CIZN 21.40 0.00 -9490 56 98 A 9.4 Citizens CIA 9.34 0.43 -5886 74 96 C+ 2.0 Clearfield CLFD 1.24 0.22 7497 69 76 B+ 16.6 CNinsure n CISG 9.01 0.32 -2198 75 98 B+ 14.4 Cogent COGT 13.40 0.17 -3581 76 48 B+ 16.4 CogoGrp COGO 4.86 0.12 -3581 51 76 B 52.0 CommBcp CCBP 35.00 0.00 -3795 79 85 A- 21.0 CmrNatPA CNAF 14.00 -2.60 260

96 91 87 C 21.6 CommVlt CVLT 12.95 0.73 -5479 95 52 C 83.9 AmBevC ABVC 35.50 1.91 -1581 76 68 B 11.9 Compuwr CPWR 6.73 0.12 -6488 23 98 B- 5.5 Consulier CSLR 5.25 0.00 -6987 85 73 B 43.5 CpOffcPty OFC 28.39 2.21 -4291 78 89 A- 12.8 CrawfrdA CRDA 5.67 0.22 -3794 71 82 C+ 16.6 Cryolife CRY 9.09 0.04 -1387 74 81 B- 2.1 Cyanotc CYAN 1.45 0.00 -380 54 82 B- 9.8 Del Monte DLM 7.09 0.35 097 75 86 B- 32.2 DeltaNG DGAS 23.49 0.06 -7179 95 78 D 4.5 DescSys DSGX 2.99 -0.01 3086 57 80 B- 9.5 DialysisCp DCAI 6.50 0.21 -795 48 85 A 86.2 DiamHill DHIL 63.75 2.24 4979 80 58 C+ 22.0 DoubTake DBTK 8.29 0.36 -4780 65 73 C+ 10.0 Dynex Cap DX 6.63 -0.12 16391 79 94 B 11.3 ESB Finl ESBF 10.10 -0.35 -3886 94 68 B 28.1 E-House n EJ 7.69 0.06 1987 77 88 C 31.0 EastrnAmNG NGT 25.16 -0.19 7781 73 68 B- 51.1 Eastgroup EGP 34.79 0.84 -3596 83 92 B 12.8 EcolgyEnv EEI 11.45 0.00 18791 89 62 D 21.5 EmbtldA AKOA 10.52 0.01 -7899 97 82 D- 12.4 EngWest EWST 7.98 0.35 078 29 83 B 14.1 EntpsBcMA EBTC 10.82 -1.18 -6178 77 31 C+ 18.9 eResearch ERES 6.47 0.53 -1379 3 90 B 9.0 eTelecr n ETEL 6.77 0.23 -9793 61 90 B 18.0 EvansBcrp EVBN 16.00 0.00 9394 74 96 B+ 18.8 EZchip EZCH 14.71 0.86 11883 80 66 B 95.0 FederlRlty FRT 59.23 1.70 -5484 49 98 B+ 12.2 FiberNet FTGX 10.45 0.55 17384 74 60 D+ 13.3 FifthStFn FSC 7.38 0.14 -3886 74 83 D- 13.0 FstAdvBc n FABK 9.36 0.00 10081 43 97 B- 13.3 FstbkPRic FBP 11.01 0.37 -1793 71 96 B 23.1 FtBcqME FNLC 18.09 0.88 -5085 57 92 B- 18.4 FstBks FBSI 15.82 0.03 -586 71 83 B- 20.0 FBusnFn FBIZ 14.20 0.00 8085 53 90 B 16.9 First Cap FCAP 15.25 0.25 42598 78 96 B- 24.5 First Lng Isld FLIC 23.25 0.00 -9686 45 82 B 14.3 Flagstone n FSR 9.88 0.56 -5495 74 99 A+ 5.7 ForcePro FRPT 5.91 0.30 13090 69 90 B+ 13.3 Fox Chase FXCB 10.95 0.03 -5895 85 97 A 14.6 FrnklnBen BFBC 14.95 0.71 1893 74 87 A 8.4 Frozen Food FFEX 5.54 0.13 99982 98 72 D 11.9 FuqiIntl n FUQI 6.29 0.16 -5794 97 85 C+ 4.4 GSITech n GSIT 2.83 0.02 14779 84 48 C+ 16.2 Genpact n G 7.68 0.40 -5589 80 87 C+ 15.0 GermnAm GABC 11.10 0.10 14382 51 96 B 28.6 GettyRlty GTY 21.62 0.89 -3779 57 77 A- 17.4 GlobTAD GAI 10.00 0.02 -5192 62 99 .. 18.0 GrCanEd LOPE 18.37 0.37 -5994 81 82 C+ 13.9 GrnCntyBcp GCBC 10.90 0.46 -988 77 73 A 18.0 HF Finl HFFC 11.75 -1.34 -6888 34 86 A- 13.9 HLTHCorp HLTH 10.29 0.24 -5397 79 94 B 14.3 HrlysvlSv HARL 13.00 -0.85 21094 86 87 C+ 18.2 Hawkins HWKN 14.82 0.01 40

93 81 80 B- 54.0 HealthCrR HCN 40.63 1.83 -5884 80 68 C 3.5 HlthStrm HSTM 2.05 -0.02 3780 71 65 B- 4.8 HealthTrnc HTRN 2.39 0.14 -2687 90 68 B 18.8 Hellnc Tel OTE 8.65 0.34 -3584 35 95 B+ 7.3 HenryBrEl HBE 5.90 -0.10 282 78 65 E 12.8 HercTecG HTGC 7.41 0.18 -4285 81 64 D 18.7 HeritCrys n HCCI 10.10 0.10 -1789 99 72 B 38.3 HghwdPrp HIW 25.37 1.42 -5192 76 89 B 37.0 HinghmSv HIFS 27.44 -0.55 -6779 74 81 D- 8.0 Homeown HCII 5.10 0.05 4684 69 82 B 15.0 HopfedBcp HFBC 10.87 0.00 -9279 92 85 B- 13.8 IxysCp IXYS 7.81 0.14 -6995 87 86 B+ 10.1 IAMGld IAG 5.93 -0.07 -4183 40 94 C+ 9.9 ICxTech n ICXT 7.40 0.75 2488 99 68 C+ 12.0 iGate IGTE 6.16 0.56 -4481 64 99 B+ 3.8 Image Ent DISK 1.93 -0.03 -7094 96 76 B- 20.2 Insteel IIIN 10.98 0.25 -4091 86 80 B- 12.0 IntgrmdAm INMD 6.74 0.12 -6597 74 88 B+ 2.2 Inventure SNAK 1.69 0.09 -8085 87 61 E 13.8 IturnLoc ITRN 7.59 0.17 -1491 82 86 B+ 13.4 JksnvBcIL JXSB 9.73 0.17 21391 23 98 A- 7.3 Jetblue JBLU 6.82 0.23 -3582 88 57 C 7.9 JewettCmrn JCTCF 4.81 0.04 -7987 74 91 C+ 10.2 KYFstFed KFFB 9.75 -0.01 -6778 29 94 C+ 12.6 KingPhar KG 10.40 0.46 -4779 54 99 B- 3.0 Kirklnds KIRK 2.63 0.05 -6683 83 81 B+ 42.8 Konami KNM 25.77 0.64 -4382 36 95 A+ 3.0 Labophm DDSS 1.35 -0.08 16697 88 64 B 14.9 LANAirADS LFL 8.61 0.11 -7080 69 64 B- 13.7 Landec LNDC 6.09 0.08 1286 59 81 B+ 24.8 LandmkBcp LARK 18.50 0.00 -8186 86 70 C+ 8.3 LaPorteB n LPSB 5.25 0.70 13684 80 80 D+ 14.4 LegcyBc LEGC 10.95 -0.11 -8991 82 77 B+ 10.7 LibrtyBc LBCP 7.70 0.00 -8885 51 92 A- 6.5 LibBellBk LBBB 4.25 -0.05 -8091 71 97 B- 15.0 LinclnBnc LNCB 15.00 0.30 16385 83 64 B+ 13.9 Liquidity LQDT 7.57 0.09 4097 74 94 B 13.3 LaBncp n LABC 12.33 0.00 -9981 72 76 B 11.1 MFA Mtg MFA 5.70 0.40 -381 47 89 A- 11.3 MSB Fin MSBF 9.50 -0.25 -3397 98 72 B- 15.2 MainStC n MAIN 9.57 -0.13 -4688 87 74 B- 45.8 Makita MKTAY 22.11 0.57 -578 63 84 D+ 11.2 MalvernF MLVF 9.20 0.05 498 56 99 A+ 9.2 Maxygen MAXY 8.69 -0.36 7884 96 69 B 13.0 Meadow Vlly MVCO 7.37 0.37 -3099 87 83 B 9.9 Meadwbrk MIG 6.37 0.49 -1596 88 90 C+ 9.1 Medifast MED 5.30 0.10 -2784 96 51 B- 19.9 Mellanox MLNX 8.15 0.16 -3480 84 67 E 18.2 MercerIns MIGP 12.50 -1.10 5585 68 79 E 24.5 MercMcsVT MBVT 18.74 0.79 1188 51 86 C+ 10.4 MeridIntr n EBSB 8.95 0.16 -1484 74 75 A- 10.8 Micrel MCRL 7.19 0.05 -4893 95 75 B 11.3 MonrchFn MNRK 7.00 -0.06 12390 86 74 C 49.8 MoogB MOGB 33.81 -0.30 7

85 73 70 C+ 18.2 NathnsFms NATH 12.11 -0.05 -3695 68 95 B- 22.0 NtlBnksh NKSH 19.00 -0.20 25887 57 94 C+ 10.1 NatBevrg FIZZ 8.59 0.03 -1079 62 83 B- 35.0 Natl Hlth Inv NHI 27.14 1.03 -6192 53 91 A+ 35.6 Natl Resrch NRCI 27.76 -0.75 -9692 76 65 B 25.0 NatRetPrp NNN 16.77 0.75 -4695 99 69 D+ 16.1 Netscout NTCT 8.16 -0.03 1687 87 80 D+ 11.3 NwEngBc NEBS 8.25 0.00 -9186 51 96 B 12.9 99Cents NDN 10.46 0.14 -6380 54 83 E 16.2 NobelLrn NLCI 12.75 0.18 291 73 87 D 32.3 NorwdFnl NWFL 27.50 0.00 49293 90 80 D 5.0 NovaMed NOVA 3.55 0.25 -5288 94 82 E 10.5 OakRidgeF BKOR 7.30 0.52 -7382 66 99 A- 8.4 Ocwen Finl OCN 8.78 0.45 7489 76 79 D+ 11.3 OdyssyHth ODSY 8.38 0.39 -5084 70 91 C+ 22.0 Oil Dri Amer ODC 17.99 -0.18 2285 79 78 D+ 9.3 OldLnBnc OLBK 6.24 0.00 -9082 50 92 D+ 22.0 OldPntFnl OPOF 19.46 2.46 6181 77 97 C+ 31.2 OmegaFlx OFLX 20.60 -1.02 -7696 87 77 B+ 19.8 OmegaHlth OHI 14.57 -0.03 12279 17 99 A- 11.0 OptimerP OPTR 11.60 0.83 3185 33 98 C 3.7 Orthovita VITA 3.40 0.26 -5081 50 88 B+ 9.1 OutdoorCh OUTD 7.22 0.15 -7994 98 70 B+ 12.0 PMA Cp A PMACA 6.73 0.28 -2482 91 62 B- 9.9 PMC Sierra PMCS 4.84 0.30 -5487 89 57 C 21.9 ParaCopl ELP 10.46 0.49 -2982 78 78 C 95.9 PatrtTrns PATR 68.09 2.77 -4488 95 62 B 11.8 PC-Tel PCTI 5.80 0.17 -2195 76 94 B 37.9 PeapkGlFn PGC 28.58 0.82 -7185 88 72 B 14.9 Pearson PSO 9.44 0.19 -3084 69 89 B+ 2.9 PeerlsSys PRLS 1.88 -0.02 -9392 80 90 B 33.8 PaCmcBcp COBH 26.98 -0.06 -5686 62 86 C 5.0 PervsvSft PVSW 3.81 -0.41 -4080 74 46 D 8.3 PointrTel PNTR 3.35 0.05 -5193 73 89 C+ 19.3 PorterBc PBIB 15.94 -0.07 -2391 88 73 C+ 14.8 PortgTel PT 8.70 0.13 -3188 88 82 D- 66.9 PrefrmLn PLPC 44.82 -1.67 -5089 74 96 B- 12.3 PrestgBr PBH 10.21 0.38 2783 76 84 E 29.8 PrinctnNtl PNBC 23.07 -0.93 -1296 85 82 B- 16.5 ProspctCp PSEC 11.40 0.01 -299 58 99 B+ 9.8 Questcor QCOR 9.05 0.61 -885 70 78 C 9.0 R F IndustriesRFIL 5.01 0.02 -9188 83 85 D 32.5 RGC Resc RGCO 25.51 0.18 -1192 63 97 A- 0.9 RIT Technlgs RITT 0.69 -0.06 -7288 84 81 B+ 20.6 RRSat RRST 11.50 0.06 -5883 51 91 B+ 12.4 RadianGp RDN 3.22 0.12 -7781 44 85 A- 34.9 RealtyIncm O 22.77 0.29 -3489 71 77 C+ 22.6 RepubAir RJET 9.96 0.51 -4786 79 79 C 11.9 RomeBncp ROME 9.20 0.62 55386 74 79 A- 3.1 RuralMtro RURL 1.89 -0.07 -589 32 99 B 6.6 SMA WINS 6.24 0.00 30891 58 95 B+ 8.3 SOneCorp SONE 7.35 0.16 18489 62 98 A 2.4 Sapiens SPNS 2.05 0.11 381 98 41 D 10.0 Sapient SAPE 4.22 0.36 -5592 71 85 C+ 7.0 SchiffNutr WNI 5.50 0.27 -5

93 74 96 B- 5.8 Scopus SCOP 5.16 -0.04 39179 52 90 D+ 24.5 Seneca A SENEA 19.69 0.93 -4588 52 93 B 26.0 Seneca B SENEB 22.11 -0.14 -9593 48 93 A 27.3 ShoreBanc SHBI 22.91 0.24 -6196 98 56 C 15.9 Simcere n SCR 7.10 0.35 -2379 97 60 C 11.4 SkillSoft SKIL 6.92 0.11 -3680 53 85 C 11.5 SmartBal n SMBL 6.76 0.54 -3990 65 76 B 9.2 SmithMicro SMSI 5.50 0.13 -5989 77 65 A- 15.2 SthrnFst SFST 9.00 -1.00 20079 66 82 C+ 13.5 SpanAm SPAN 9.94 0.00 -4995 99 91 A+ 10.0 SpartMt SPAR 4.95 0.46 1785 82 84 B 12.1 StdRegis SR 8.63 0.34 -3080 17 99 A+ 4.2 StarSci STSI 3.71 0.21 -1282 93 75 C+ 10.9 SuperMic n SMCI 6.59 0.32 -4483 71 74 B+ 11.9 TaiwSem TSM 7.95 0.28 -6585 84 64 D- 13.0 TamalpaisB TAMB 8.40 -0.24 56988 73 86 B+ 46.3 TangerFact SKT 36.49 0.96 -798 71 99 B+ 8.9 TlCmSys TSYS 8.51 0.39 1480 75 45 B+ 29.1 Telvent TLVT 14.75 -0.18 6379 97 48 B 19.6 TesscoTec TESS 9.06 -0.09 184 64 69 B- 12.4 TexRdhsA TXRH 7.30 0.18 -6788 74 84 A- 4.6 3Com COMS 2.25 0.13 -4984 57 78 D+ 15.2 3SBio SSRX 6.84 0.55 -2479 92 55 C 8.8 TibcoSft TIBX 5.01 0.25 -5784 86 94 C+ 9.2 Transcat TRNS 7.49 -0.41 11097 97 83 C 13.8 TrianglCp TCAP 10.21 0.00 -3682 97 57 D+ 14.6 UFP Tech UFPT 5.15 0.22 -7178 23 98 B 16.4 U S Airway LCC 7.53 0.11 -6593 74 98 B+ 23.0 Ultralife ULBI 13.90 1.34 99985 75 93 E 15.9 UnitedBkOH UBCP 10.15 0.29 -4590 81 74 B- 14.7 UnitdBcOH UBOH 9.77 -0.33 17893 74 96 B 20.5 UtdSecBc USBI 19.91 0.00 -9183 94 50 D 45.6 US Lime USLM 22.26 0.07 -7782 44 88 B+ 39.3 UnivrslHR UHT 33.74 1.18 -3680 33 88 A- 20.5 UrstdBdlA UBA 15.81 0.96 -3094 91 95 B- 9.0 VaalcoEn EGY 6.69 0.44 690 68 89 B+ 47.2 Value Line VALU 34.88 1.55 -3883 99 50 D 14.0 VanceInfo n VIT 4.70 0.09 -293 96 73 B- 28.6 VscoData VDSI 9.99 0.21 -6898 67 98 B+ 10.1 VasclrSoln VASC 8.70 -0.15 -4398 86 96 B 55.9 Villge Sup VLGEA 54.88 0.02 -4280 66 79 B- 43.4 Vina Concha VCO 30.50 -0.42 -8479 68 56 B- 21.1 VirtualR n VRAD 7.72 0.05 -4479 43 90 D- 17.3 WVS Finl WVFC 16.00 0.00 21489 57 94 A 77.5 Wacoal WACLY 64.97 2.73 -2679 74 80 C+ 9.8 WasteSvc WSII 6.41 0.60 1294 69 94 A- 11.5 WestfldF WFD 10.33 0.20 380 46 95 B 42.0 Weyco WEYS 32.87 1.20 -5782 79 79 C+ 49.6 WilyJohnB JWB 34.58 1.08 -2495 95 73 D+ 14.4 WilsLease WLFC 9.15 0.67 23695 95 88 A- 13.0 WindRivr WIND 8.87 0.46 -4690 83 65 B 15.2 Wipro WIT 8.18 -0.22 -3689 67 92 D 50.0 YPFSciedad YPF 46.16 -0.60 -8388 58 83 B+ 16.5 YorkWtr YORW 12.08 0.09 799 97 95 B 15.5 Zhongpin n HOGS 11.99 0.06 13

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EPS Rel Closing Net Vol Vol%Rnk|Str| Stock Name | Price | Up | (100s) | Chg

R Acc 52-Wk Closing Vol% %S Dis High Stock Symbol Price Chg Chg Yld

38 E 29.0 AcadiaRlty AKR 13.79 0.88 -38 6.196 A 22.5 ACapAgy AGNC 20.84 0.20 -41 23.048 A- 36.0 Agree Realty ADC 17.17 0.45 -70 11.611 C+ 12.0 AlescoFncl AFN 0.44 -0.01 12 ..63 C+ 471.0 Alexanders ALX 259.10 9.25 -72 ..40 C+ 116.5 AlexREEqt ARE 58.48 2.59 -44 5.525 D- 66.9 AMB Ppty AMB 22.40 1.36 -58 ..56 C 34.9 AmerCamp ACC 19.91 0.46 -11 6.815 E 30.5 AmerCmtyTr APO 4.55 -0.15 388 8.858 B+ 28.8 AmerLndLs ANL 13.56 0.08 -17 ..92 B 21.2 AnnalyCap NLY 15.29 0.29 -38 13.117 E 14.1 Anthracite AHR 2.26 -0.05 -19 54.990 B+ 10.3 Anworth ANH 6.42 0.16 -66 16.217 C+ 55.1 ApartntInv AIV 11.28 0.50 -58 21.37 D 34.5 ArborRT ABR 2.67 0.22 -38 36.0

72 C+ 16.9 AsdEstRlty AEC 9.02 0.41 -65 7.56 D- 13.2 AshfordH AHT 1.06 -0.03 7 ..

46 C+ 149.9 AvalonBay AVB 58.43 3.28 -53 6.121 D+ 31.2 BioMdRlty BMR 10.30 0.69 -58 13.040 C+ 133.0 BostonPpts BXP 52.91 2.50 -49 5.124 C 37.0 BrandwnRty BDN 7.34 0.59 -45 16.342 D+ 73.0 BRE Pprts BRE 26.48 1.22 -4 8.511 D- 32.0 BRT RealtyTr BRT 3.34 -0.31 176 ..50 B- 80.0 Camden Pty CPT 30.14 1.66 -46 9.34 E 56.0 Capital Trust CT 3.44 -0.19 55 ..6 E 11.9 CapLse LSE 1.69 0.12 39 ..

84 A- 18.6 CapstdMtg CMO 10.37 0.11 -46 13.914 C 28.3 CaptlSrc CSE 4.18 0.24 -41 4.864 D- 15.0 Care Inv n CRE 7.54 0.32 -61 9.09 D- 50.4 CBL&Assoc CBL 6.09 -0.19 -22 24.3

39 B+ 17.0 CedarShp CDR 6.80 0.55 -44 13.218 C+ 19.8 Chimera n CIM 3.33 0.20 -22 4.840 E 23.1 CogdSpen CSA 9.09 0.20 -3 15.416 C+ 42.0 ColonlPty CLP 7.62 0.80 -54 13.133 C 40.8 CousinsPty CUZ 12.82 0.33 -43 7.873 B 56.5 CpOffcPty OFC 28.39 2.21 -42 5.2

36 B 12.1 DCT Indl DCT 4.54 0.20 -47 7.012 D 174.4 DeefldCap DFR 2.82 0.02 -20 ..39 C+ 29.3 DEmmett DEI 12.63 0.47 -35 5.92 E 72.3 DevelprDvs DDR 4.52 0.55 -34 ..

22 B- 22.0 DiamRkHos DRH 4.55 0.51 -50 ..69 D 51.3 DigitlRlt DLR 31.70 2.06 -55 4.222 D+ 48.4 DukeRlty DRE 10.35 0.39 -44 18.72 E 23.2 DuPFabr n DFT 1.81 0.00 -35 ..

73 C+ 10.0 Dynex Cap DX 6.63 -0.12 163 13.968 B- 57.5 Eastgroup EGP 34.79 0.84 -35 6.023 C+ 15.5 EducRlty EDR 4.91 0.32 -56 16.740 C+ 68.9 EntertmtP EPR 28.90 2.18 -25 11.666 B+ 59.7 EqLifePrp ELS 36.36 2.17 -39 2.258 C 56.5 EqtyRsd EQR 28.14 1.16 -50 6.972 C+ 30.9 Equity One EQY 16.99 0.12 -55 7.153 B+ 148.5 EssexPpty ESS 73.87 2.48 -45 5.595 E 10.5 EstnLtCap ELC 4.40 0.30 -93 ..48 C 20.6 ExtraSpc EXR 9.54 0.16 -35 10.566 B 98.9 FederlRlty FRT 59.23 1.70 -54 4.4

3 B- 29.5 FelCor FCH 1.63 0.12 -31 ..7 C+ 49.6 First Industrl FR 7.11 0.17 -36 14.11 E 8.4 FriedBR FBR 0.16 0.02 16 ..

94 B+ 21.1 FrkStPrp FSP 14.30 2.32 59 5.332 D+ 31.8 FstPotmc FPO 8.36 0.30 -33 16.31 C+ 67.4 GenlGrPpty GGP 1.20 -0.01 -82 ..

96 B 32.1 GettyRlty GTY 21.62 0.89 -37 8.731 D- 20.7 Gladstn GOOD 8.00 0.53 516 18.87 D- 29.7 GlimchRlty GRT 2.75 -0.16 -16 46.58 D 38.3 Gramercy GKK 1.30 0.16 -51 ..

47 E 73.6 Gyrodyne Am GYRO 23.99 0.94 -43 ..24 B 5.5 HanovCap HCM 0.10 0.00 47 ..96 B 27.3 HatterasF n HTS 26.06 0.25 -41 15.367 D+ 42.2 HCP HCP 26.68 1.19 -52 6.880 B- 54.0 HealthCrR HCN 40.63 1.83 -58 6.779 B+ 38.7 HealthRlty HR 22.49 1.08 -48 6.817 D- 14.2 Hersha Hosp HT 2.90 0.05 26 24.872 B 47.4 HghwdPrp HIW 25.37 1.42 -51 6.740 E 14.5 HMG HMG 3.65 -0.50 133 ..

68 B- 65.0 HomePptys HME 38.49 2.60 -51 7.038 B- 49.0 Hosp Prop Tr HPT 13.81 0.62 -53 22.329 B- 29.0 HostHtls HST 7.06 0.28 -41 2.824 B- 13.7 HRPT Ptys Tr HRP 3.13 0.25 -48 26.894 D+ 11.3 IncomeOpRe IOT 5.25 0.26 64 ..78 B 21.1 InlandRE IRC 12.50 0.64 -42 7.893 B+ 11.8 InvtRlEst IRET 10.48 0.15 -15 6.421 B 52.9 iStarFinl SFI 2.22 0.04 -46 ..3 E 21.5 JER Inv JRT 0.99 -0.01 6121.2

52 B- 90.2 Kilroy Rlty KRC 32.22 1.67 -41 7.229 D- 53.6 Kimco Rlty KIM 17.77 0.00 -54 9.920 D- 21.8 KiteRealty KRG 5.05 0.29 -1 16.23 D- 30.3 KKRFincl KFN 1.37 0.18 73 ..

63 B- 31.2 LTC Ppty Inc LTC 19.44 1.12 -33 8.018 D 49.8 LaSalleHtl LHO 10.16 0.42 -52 10.011 C+ 19.5 LexRltyTr LXP 4.71 0.15 -43 15.347 C+ 54.6 Liberty Ppty LRY 20.99 1.57 328 9.19 C+ 103.6 Macerich MAC 17.63 0.47 -57 18.2

55 B- 56.5 MackCali Rlt CLI 23.07 1.33 -59 11.1

4 E 44.7 MaguirePr MPG 1.73 0.31 52 ..40 B- 16.7 MedclProp MPW 6.18 0.05 -27 12.976 B 11.1 MFA Mtg MFA 5.70 0.40 -3 14.78 E 11.2 MHIHosp MDH 1.40 0.11 116 48.6

65 B 60.7 Mid Am Apt MAA 35.55 2.07 -31 6.966 B- 14.9 MissWst MSW 7.43 0.21 32 10.883 B- 9.1 MonREIT MNRTA 6.65 -0.09 -28 9.083 B- 35.5 Natl Hlth Inv NHI 27.14 1.03 -61 8.165 B 26.1 NatRetPrp NNN 16.77 0.75 -46 8.91 D- 33.5 Newcstle NCT 0.71 -0.06 -21 ..

25 C+ 18.1 NStarRlty NRF 3.66 0.18 -21 39.375 C 40.0 NtnwdHlth NHP 27.33 1.30 -53 6.433 E 33.9 NYMtgTr NYMT 2.32 0.36 -34 17.277 B+ 19.8 OmegaHlth OHI 14.57 -0.03 122 8.224 D- 26.1 OneLibertyPr OLP 7.70 0.66 40 11.450 D- 15.3 PacOffPT PCE 4.15 0.20 -84 4.813 B- 50.4 Penn REIT PEI 7.37 0.13 -49 30.999 A+ 14.7 PittsWVRR PW 14.19 0.41 77 3.766 B 60.0 Plum Crk Tim PCL 33.87 1.22 -58 5.081 E 15.9 PMC Cmrcl PCC 6.74 0.02 -2 13.4

29 B+ 55.9 Post Pptys PPS 15.32 0.57 -52 5.244 E 8.2 PresRltyA PDLA 2.95 0.00 -67 10.811 E 8.1 PresRltyB PDLB 1.60 -0.03 77 20.028 C 57.9 PrkwyProp PKY 17.84 0.19 -34 7.38 B 73.3 ProLogis PLD 12.61 0.36 -17 16.4

74 C 77.6 PS BusPk PSB 43.35 0.31 -47 4.181 B 117.2 PublicStg PSA 75.07 3.26 -52 2.988 D- 27.3 PubStgDSA PSAA 23.86 0.08 -55 10.320 B- 38.3 RAIT Fin RAS 2.60 0.07 -50 53.88 E 38.8 RamcoGers RPT 5.64 0.54 -37 16.3

55 B+ 49.5 Rayonier RYN 30.73 1.47 -40 6.585 A- 34.9 RealtyIncm O 22.77 0.29 -34 7.532 B- 66.6 Redwood Tr RWT 13.65 0.64 -19 22.057 B 93.5 RegencyCtrs REG 43.64 1.81 -36 6.636 B- 18.9 ResceCap RSO 3.80 0.16 73 41.14 D+ 8.0 Roberts Rlty RPI 0.88 0.08 -24 ..

69 B 62.7 Saul Centers BFS 38.58 1.11 -12 4.037 C+ 124.0 SimonProp SPG 51.25 2.29 -40 7.013 E 158.9 SLGreenRlty SLG 24.98 0.56 -46 6.067 B- 26.8 SnrHouse SNH 16.79 0.79 -51 8.3

73 B 63.9 SovranSlfSt SSS 33.89 0.73 0 7.63 E 24.4 StratHtls BEE 1.48 0.18 -42 ..

50 C 33.2 Sun Cmnts SUI 12.80 0.51 -65 19.716 B- 30.7 SunstnHtl SHO 5.47 0.32 -21 29.315 E 8.5 SuperHosp SPPR 1.66 -0.04 -25 19.386 B+ 46.3 TangerFact SKT 36.49 0.96 -7 4.229 D+ 66.0 Taubman Ctr TCO 24.72 0.55 -28 6.713 B- 23.6 U-Store-It YSI 3.62 -0.01 4 2.838 C+ 34.1 UDR INC UDR 13.24 0.65 -53 10.051 D- 16.5 UMHProp UMH 5.44 0.05 158 13.288 B+ 42.0 UnivrslHR UHT 33.74 1.18 -36 7.081 D 19.1 UrstdBdl UBP 13.79 0.54 178 6.388 A- 20.5 UrstdBdlA UBA 15.81 0.96 -30 6.160 C+ 52.0 Ventas VTR 32.19 1.84 -39 6.440 B 16.0 VesRMII rs VRTB 2.66 -0.17 -92 ..26 D- 6.0 VestinRMI VRTA 1.12 0.09 -24 ..51 B- 136.6 VorndRlty VNO 58.18 2.44 -57 6.575 B+ 43.3 Wash REIT WRE 27.20 1.21 -45 6.442 B 52.3 WeingrtnR WRI 19.57 0.74 -53 10.731 D 36.5 WinthropR FUR 10.53 0.41 -29 14.2

86 64 E 39.00 Teche TSH 24.20 +1.06 43 +93389 77 B– 46.50 Gormanrupp GRC 29.63 +0.93 401 +30543 94 B+ 16.20 FrkStPrp FSP 14.30 +2.32 1,449 +59

54 64 E 34.35 SalisbrBc SAL 21.50 –0.25 27 +999.. 96 B 42.31 CentGold GTU 39.28 –0.47 40 +70

43 94 FrkStPrp 14.30 +2.321,449,3 +593 56 Maxxam 13.25 +1.25 5,2 +68

93 98 BakerMichl 37.10 +3.31 65,8 –2890 89 LaBarge Inc 13.50 +1.15 69,2 +270 95 CKXLands 13.60 +1.15 5,0 +355

56 95 MaineMari 35.45 +2.90 3,2 –2274 86 Contango 55.96 +4.35 122,0 –1663 98 Tompkns 59.30 +4.30 27,3 –5833 74 ConsTomoka 38.20 +2.20 12,1 –5286 64 Teche 24.20 +1.06 43,4 +933

43 94B+ FrkStPrp 14.30 +2.32 1.45 +5952 4E GenMoly 1.18 +0.18 1.27 +10618 64C+ Protalix n 1.85 +0.17 1.11 +9991 28B GoldStr 1.02 +0.10 2.27 –23

45 97C+ EldorGld 7.81 +0.01 1.24 –48

.. 58C+ SPDR 86.91 ... 128.42 –70

.. 53C S&PMdcpDR 92.36 ... 3.53 –6732 5D NovaGold 1.46 –0.02 1.12 –5122 37B NAPall 1.76 –0.18 0.92 +2245 99B Ener1 n 7.22 –1.03 1.85 +428

AMEX Stocks On The MoveStocks $12 and higher with at least{ point change and 20,000shares traded for the day. Stocks up with EPS & RelativeStrength 80 or more are boldfaced.EPS Rel Acc 52-Wk Stock Closing Vol Vol%Rnk Str Dis High Stock Name Symbol Price Change (1000s) Change

– A–B –93 98 A+ C+ 43.3 BakerMichl BKR 37.10+3.31 –28ê76 68 A– B 81.0 BritAmTob BTI 51.75 +.20 –56ê

– C–D–E –.. 88 A– D 54.4 ClayBond n UBD 46.00 ... +50ê.. 76 A– D+ 52.4 ClayUS1 n UEM 39.00 ... –75ê

74 86 D–B 95.2 Contango MCF 55.96+4.35 –16ô16 2 E E 21.1 Geokinetic GOK 2.09 –.24 +72ê89 77 D+B– 46.5 Gormanrupp GRC 29.63 +.93 +305ê89 25 D+E 54.9 Graham GHM 11.20 +.30 –68ê10 13 E D 25.5 GreenHtr n GRH 5.05 +.21 –44ê74 76 C– D+ 25.6 HawkClA HWK 14.95 +.23 +48ê

– I–J–K–L –94 60 D–C+ 63.1 ImprlOil IMO 33.75 +.85 –63ô74 33 C C 41.6 InterOil IOC 11.75 +.87 –23ô69 41 A D 62.7 InvrnsMed IMA 19.63 +.78 –43ô

90 89 D C+ 16.3 LaBarge Inc LB 13.50+1.15 +2ê

– M–N–O –80 99 D–C 55.9 MexcoEn MXC 13.66 +.07 –10ê70 91 B+ B+ 54.0 Ntl Hlthcr NHC 48.21+2.03 –70ê

– P–Q–R –26 90 A+ C+ 84.3 ParkNatl PRK 67.08+2.83 –52ê

– S–T –.. 53 A– C 163 S&PMdcpDR MDY 92.36 ... –67ô

44 46 B+ B 33.6 SeabrGld SA 12.67 –.72 –30ô.. 58 A– C+ 149 SPDR SPY 86.91 ... –70ô

63 98 A+ B– 59.3 Tompkns TMP 59.30+4.30 –58ê

For Tuesday, December 30, 2008

EP R GrpAcc52-Wk Closing Vol%S S Str Dis Hi Stock Symbol Price Chg ChgAMERICAN EXCHANGE

Total Volume: 18,056,044 Change: "19.8%

© 2008 Investor’s Business Daily, Inc. Investor’s Business Daily, IBD and CAN SLIM and corresponding logos are registered trademarks owned by Data Analysis, Inc., an affiliate of Investor’s Business Daily.

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B10 WEDNESDAY, DECEMBER 31, 2008 FUTURES INVESTORS.COM

Food Tue Mon 12/30 12/29

Flour hard winter KC cwt 15.95 15.95Coffee parana ex–dock NY per lb. n.a. n.a.Coffee medlin ex–dock NY per lb. n.a. n.a.Cocoa beans Ivory Coast $ metric ton 2924 2946Cocoa butter African styl $ met ton 7090 7151Sugar No. 11 cents per lb 12.14 12.08Hogs Sioux Falls 47–50 pct 220–270 lb 34.50 n.q.Feeder cattle 500–600 lb Okl av cwt 94.25 94.25Pork bellies 12–14 lb Midwest av cwt 72.00 72.00

GrainsCorn No. 2 yellow Chi processor bid 3.77¼ 3.76½Soybeans No. 1 yellow 9.40¾ 8.33½Soybean Meal Cen Ill 48pct protein–ton 293.10 293.10Wheat No. 2 Chi soft 4.74¾ 4.62Wheat N. 1 dk 14pc–pro Mpls. 7.85½ 7.74¾Wheat No. 2 hard KC. 5.54 5.57Oats No. 2 heavy or Better 2.05 2.12

Corn oil crude wet/dry mill Chi. lb. .25 .25Soybean oil crude Decatur lb. .30| .30|

MetalsAluminum per lb N.Y. Merc Spot .6960 .6985Copper Cathode full plate 1.3570 1.3025Silver Handy & Harman 11.020 10.935Platinum per troy oz. NY (contract) 909.00 855.00Platinum Merc spot per troy oz. 909.90 917.90Steel scrap No. 1 heavy gross ton 221.40 221.40

GoldLondon morning fixing 870.00 off 10.25London afternoon fixing 869.75 off 10.50NY Handy & Harman 869.75 off 10.50NY Engelhard 882.40NY Merc. spot month 869.30 off 5.30

Textiles & FibersCotton 1–1–16 in. strict low middling 44.41 43.00

Raw ProductsNatural Gas Henry Hub, $ per mmbtu 5.72 5.85 5.72 5.85a–Asked, b–Bid, n–Normal, r–Revised, nq–Not Quoted,n.a.–Not Available.

GrainsWHEAT (CBOT) – 5,000 bu minimum– cents per bushel1275.0 471.00 Mar 09 126,725 596.50 607.00 584.75 604.75 + 12.81200.0 484.25 May 09 25,328 609.50 619.00 598.50 617.50 + 13.01140.8 497.00 Jul 09 49,057 620.75 630.25 609.00 628.75 + 13.01126.0 522.75 Sep 09 16,440 642.50 650.00 629.25 648.50 + 12.51155.8 542.00 Dec 09 22,307 660.50 668.25 649.25 668.25 + 12.81112.0 550.00 Jul 10 4,869 670.00 687.75 670.00 687.75 + 14.01030.0 576.75 Dec 10 970 697.50 711.25 697.25 711.25 + 14.0Est. Vol. 31,235 Vol. 27,065 open int 246,647 +1,252CORN (CBOT) – 5,000 bu minimum– cents per bushel816.00 305.50 Mar 09 356,696 391.25 400.75 385.00 396.25 + 2.75822.00 315.75 May 09 104,835 401.00 411.00 396.50 406.50 + 2.50826.00 325.25 Jul 09 119,840 412.00 421.25 406.00 417.00 + 2.75763.75 335.75 Sep 09 30,041 423.25 427.00 420.00 427.00 + 2.75707.00 349.25 Dec 09 145,315 435.25 445.00 431.00 440.75 + 2.50711.25 362.00 Mar 10 10,820 450.00 453.00 447.50 453.00 + 2.75713.25 371.50 May 10 795 452.00 460.00 452.00 460.00 + 0.75714.50 377.25 Jul 10 5,329 457.00 466.00 457.00 466.00 + 2.75705.00 366.25 Dec 10 28,308 449.75 455.00 443.00 451.00 + 3.75660.00 385.75 Dec 11 730 458.00 463.00 458.00 463.00 + 5.25Est. Vol. 129,158 Vol. 117,928 open int 803,041 +565OATS (CBOT) – 5,000 bu minimum– cents per bushel502.00 195.25 Mar 09 6,684 215.75 221.50 210.00 210.00 – 7.00510.00 206.25 May 09 2,954 225.25 227.75 219.00 219.00 – 7.00516.00 217.50 Jul 09 2,747 235.75 238.25 228.50 228.50 – 7.00533.00 240.75 Dec 09 3,881 259.75 261.00 253.00 253.00 – 8.00Est. Vol. 852 Vol. 792 open int 16,270 –29SOYBEANS (CBOT) – 5,000 bu minimum– cents per bushel1649.0 776.25 Jan 09 20,976 935.50 951.00 931.50 945.75 + 7.251653.5 779.25 Mar 09 151,258 942.50 957.50 938.50 953.00 + 7.501644.5 786.50 May 09 30,869 954.50 969.00 950.50 964.75 + 7.501650.0 796.00 Jul 09 34,434 966.25 980.50 962.50 976.25 + 7.751640.0 807.00 Aug 09 1,424 970.50 978.75 970.50 978.75 + 8.001600.0 803.00 Sep 09 936 978.00 980.50 967.50 980.50 + 8.001557.5 796.50 Nov 09 39,505 971.25 985.75 967.00 983.00 + 9.001555.5 809.75 Nov 10 4,912 987.75 997.00 984.75 997.00 + 7.001550.5 825.00 Nov 11 336 1006.0 1013.0 1006.0 1013.0 + 7.00Est. Vol. 151,478 Vol. 143,397 open int 285,070 +516SOYBEAN MEAL (CBOT) – 100 tons– dollars per ton433.00 235.40 Jan 09 8,925 293.70 298.00 292.00 298.00 + 5.90434.00 235.00 Mar 09 53,970 293.20 297.50 291.40 297.30 + 5.80434.00 237.00 May 09 18,070 295.70 299.30 293.80 299.30 + 5.80435.50 239.90 Jul 09 16,494 299.20 302.70 297.20 302.50 + 5.80431.50 242.00 Aug 09 4,754 298.70 303.70 298.70 303.70 + 5.80426.40 242.00 Sep 09 3,632 299.30 304.00 299.30 304.00 + 5.90407.90 239.10 Oct 09 2,174 298.10 302.80 298.00 302.80 + 6.00400.00 231.30 Dec 09 10,379 300.30 304.00 298.60 304.00 + 6.00395.00 242.20 Oct 10 30 305.00 305.00 303.00 303.00 + 6.00Est. Vol. 58,140 Vol. 55,453 open int 119,010 –800SOYBEAN OIL (CBOT) – 60,000 lbs– cents per lb

74.04 28.16 Jan 09 19,360 31.87 33.02 31.76 32.11 – 0.1074.18 28.52 Mar 09 105,063 32.21 33.34 32.08 32.42 – 0.1171.90 28.89 May 09 22,703 32.59 33.52 32.45 32.77 – 0.0871.90 29.23 Jul 09 24,546 32.88 33.87 32.70 33.07 – 0.0671.50 29.50 Aug 09 5,120 33.42 33.42 33.25 33.25 – 0.0671.20 29.70 Sep 09 4,525 33.22 33.44 33.22 33.44 – 0.0470.50 29.80 Oct 09 3,858 33.35 33.76 33.30 33.60 – 0.0470.00 30.00 Dec 09 20,291 33.62 34.03 33.47 33.82 – 0.04

Est. Vol. 78,312 Vol. 74,715 open int 211,215 +969WHEAT (KBOT) – 5,000 bu minimum– cents per bushel1275.0 501.00 Mar 09 41,023 612.00 623.00 605.00 621.75 + 10.81255.0 513.00 May 09 10,241 621.00 633.00 621.00 633.00 + 10.51135.0 519.75 Jul 09 18,369 630.00 645.00 630.00 644.50 + 11.51125.0 530.50 Sep 09 3,498 643.00 655.00 643.00 655.00 + 11.51135.0 549.50 Dec 09 8,027 665.00 673.50 657.00 673.50 + 11.5717.50 585.75 Jul 11 20 700.00 708.00 700.00 708.00 + 6.75Est. Vol. 1,896 Vol. 9,211 open int 82,717 +366ROUGH RICE (CBOT) – 2,000 CWT– dollars per CWT

22.38 12.77 Jan 09 997 15.47 15.81 15.24 15.38 – 0.05522.65 13.03 Mar 09 4,348 15.40 15.55 15.12 15.34 – 0.0522.78 11.96 May 09 527 15.38 15.55 15.38 15.52 – 0.0321.40 13.72 Jul 09 174 15.76 15.76 15.63 15.63 – 0.07

Est. Vol. 979 Vol. 944 open int 6,453 –225

MeatsCATTLE (CME) – 40,000 lbs.– cents per lb.115.32 80.62 Dec 08 635 86.40 86.50 85.60 85.87 – 0.10117.65 80.60 Feb 09 100,637 86.27 86.60 85.65 85.90 – 0.30119.20 82.40 Apr 09 62,054 89.35 89.82 89.15 89.40 + 0.05116.70 78.60 Jun 09 25,246 85.85 86.55 85.77 85.97 + 0.07117.50 78.07 Aug 09 14,695 86.00 86.50 85.85 85.97 – 0.08118.50 81.25 Oct 09 4,569 88.60 89.65 88.60 89.07 + 0.05119.00 83.85 Dec 09 2,517 90.65 90.90 90.65 90.90 + 0.40110.00 85.90 Feb 10 604 91.70 91.90 91.70 91.80 + 0.35Est. Vol. 1,334 Vol. 20,228 open int 210,958 +520FEEDER CATTLE (CME) – 50,000 lbs.– cents per lb.118.10 85.45 Jan 09 3,877 93.87 94.60 93.65 93.97 + 0.52118.05 84.10 Mar 09 11,277 93.12 94.32 93.00 93.82 + 0.97118.25 85.37 Apr 09 2,323 94.00 95.25 94.00 94.75 + 0.88118.25 86.50 May 09 1,659 95.05 96.55 95.05 95.80 + 0.50113.17 88.25 Aug 09 892 97.47 98.10 97.20 97.70 + 0.70109.85 89.00 Sep 09 108 97.40 98.00 96.80 97.75 + 0.55102.00 88.50 Oct 09 27 97.40 97.80 97.40 97.70 + 0.5598.20 89.15 Nov 09 28 98.20 98.20 97.70 98.05 + 0.45

Est. Vol. 691 Vol. 2,282 open int 20,191 –100HOGS LEAN (CME) – 40,000 lbs.– cents per lb.

85.45 58.85 Feb 09 70,050 59.10 59.97 59.02 59.72 + 0.5792.50 66.50 Apr 09 42,137 67.37 68.40 67.32 68.07 + 0.5598.50 74.00 May 09 1,528 77.80 78.75 77.50 78.62 + 0.82

100.25 76.35 Jun 09 26,552 78.50 79.50 78.30 79.35 + 1.0598.85 74.65 Jul 09 4,863 78.55 79.25 78.27 79.10 + 0.8396.00 72.70 Aug 09 3,713 76.90 77.25 76.65 77.17 + 0.4794.00 66.70 Oct 09 2,757 70.12 70.40 69.65 70.25 + 0.2090.05 65.30 Dec 09 844 67.70 67.75 67.50 67.65 + 0.2584.00 67.50 Feb 10 53 69.80 70.10 69.80 70.10 + 0.20

Est. Vol. 1,118 Vol. 18,559 open int 152,544 –1,081PORK BELLIES (CME) – 40,000 lbs.– cents per lb.105.05 79.30 Feb 09 632 86.25 87.47 84.80 85.22 – 2.23104.30 79.30 Mar 09 134 85.25 87.00 84.75 84.75 – 0.50105.50 82.05 May 09 224 85.10 87.00 84.60 84.62 – 0.38104.00 83.27 Jul 09 108 86.50 88.62 85.60 88.62 + 2.62Est. Vol. 28 Vol. 33 open int 1,100 +1

FoodsCOCOA (NYBT) – 10 metric tons– $ per ton3228.0 1884.0 Mar 09 60,639 2551.0 2554.0 2507.0 2529.0 – 22.03214.0 1910.0 May 09 23,346 2535.0 2541.0 2494.0 2520.0 – 20.03220.0 1932.0 Jul 09 11,703 2523.0 2523.0 2477.0 2507.0 – 17.03237.0 1950.0 Sep 09 6,859 2494.0 2494.0 2448.0 2482.0 – 17.03217.0 1961.0 Dec 09 9,552 2455.0 2455.0 2420.0 2446.0 – 19.03188.0 1977.0 Mar 10 2,684 2400.0 2420.0 2400.0 2420.0 – 20.03188.0 1982.0 May 10 1,572 2391.0 2407.0 2391.0 2407.0 – 25.0Est. Vol. 3,582 Vol. 9,231 open int 116,608 +1,069COFFEE C (NYBT) – 37,500 lbs.– cents per lb.

181.60 102.15 Mar 09 71,839 106.60 108.00 106.55 107.55 + 0.90181.50 105.00 May 09 28,045 109.25 110.00 109.10 109.85 + 0.90181.60 107.60 Jul 09 7,920 111.05 112.15 111.00 112.05 + 0.85183.15 110.00 Sep 09 3,866 113.95 114.15 113.50 114.15 + 0.90189.00 113.50 Dec 09 7,119 116.95 117.15 116.50 117.15 + 0.90188.65 117.25 Mar 10 3,399 119.50 120.25 119.50 120.10 + 0.90Est. Vol. 1,448 Vol. 6,208 open int 123,154 +1,081ORANGE JUICE (NYBT) – 15,000 lbs.– cents per lb.177.00 67.10 Jan 09 1,180 67.65 70.00 67.30 69.15 + 0.40153.20 68.20 Mar 09 22,109 68.70 71.15 68.50 70.65 + 1.40153.20 72.65 May 09 2,498 74.45 75.00 74.30 74.55 + 1.50146.30 76.20 Jul 09 1,363 77.60 78.75 77.60 78.45 + 1.30Est. Vol. 1,488 Vol. 3,016 open int 27,859 –440SUGAR 14 (NYBT) – 112,000 lbs.– cents per lb.

23.43 19.50 Mar 09 2,475 20.04 20.04 20.04 20.04 ...23.43 20.40 Sep 09 923 20.99 20.99 20.99 20.99 – 0.01

Est. Vol. Vol. 4 open int 7,384 +1SUGAR–WORLD 11 (NYBT) – 112,000 lbs.– cents per lb.

15.85 9.890 Mar 09 242,198 11.21 11.39 11.12 11.29 + 0.1717.10 9.940 May 09 100,668 11.79 11.97 11.70 11.88 + 0.1715.99 9.970 Jul 09 115,669 12.24 12.41 12.16 12.31 + 0.1316.17 11.10 Oct 09 69,367 12.95 13.06 12.86 13.00 + 0.1116.49 11.91 Mar 10 50,242 13.75 13.80 13.69 13.78 + 0.0816.40 11.90 May 10 11,717 13.49 13.57 13.49 13.54 + 0.0616.21 11.89 Jul 10 11,720 13.37 13.37 13.32 13.32 + 0.0616.77 11.90 Mar 11 16,719 13.63 13.79 13.63 13.69 + 0.06

Est. Vol. 12,954 Vol. 38,248 open int 639,578 –1,969

MetalsGOLD (CMX) – 100 troy oz.– dollars per troy oz.890.60 700.00 Jan 09 1,181 869.80 878.10 866.50 869.30 – 5.301045.0 688.00 Feb 09 189,961 872.20 885.90 864.70 870.00 – 5.301050.0 689.70 Apr 09 29,693 873.00 885.50 866.60 870.90 – 5.401035.0 508.00 Jun 09 28,803 874.50 886.80 869.20 871.80 – 5.501031.4 711.30 Aug 09 10,954 872.40 873.00 872.40 873.00 – 5.601060.0 522.40 Dec 09 11,862 877.60 885.20 873.10 875.70 – 5.701025.4 717.40 Feb 10 2,150 878.10 878.10 877.00 877.30 – 5.80937.80 724.50 Aug 10 100 885.00 885.00 882.30 882.30 – 6.401175.5 799.80 Jun 13 8 939.00 939.00 932.20 932.20 – 6.90Est. Vol. 28,349 Vol. 77,952 open int 298,306 +3,241MINI GOLD (CBOT) – 33.2 troy oz.– dollars per troy oz.890.00 705.40 Jan 09 84 872.00 879.10 869.20 869.20 – 6.101021.9 694.10 Feb 09 3,739 872.50 882.20 863.30 874.40 – 6.601024.9 702.00 Apr 09 257 872.80 882.20 864.60 870.70 – 10.31028.2 710.00 Jun 09 78 873.90 881.40 870.00 871.60 – 6.80Est. Vol. 3,216 Vol. open int 4,226 +196PLATINUM (NYM) – 50 troy oz.– dollars per troy oz.2180.0 752.10 Jan 09 1,646 914.10 917.00 897.60 909.90 – 8.001547.5 761.50 Apr 09 16,467 920.00 925.10 900.70 917.40 – 6.00928.40 799.40 Jul 09 107 915.10 922.90 910.00 922.40 – 6.00Est. Vol. 2,471 Vol. 5,299 open int 18,220 +337PALLADIUM (NYM) – 100 troy oz– dollars per oz528.00 160.30 Mar 09 11,930 189.85 189.90 181.85 184.15 – 2.85Est. Vol. 491 Vol. 1,021 open int 12,388 –216SILVER (CMX) – 5,000 troy oz.– cents per troy oz.2121.0 875.50 Jan 09 534 1085.0 1109.5 1085.0 1095.5 + 17.01145.0 921.50 Feb 09 10 1087.5 1096.8 1070.5 1096.8 + 17.02122.5 851.00 Mar 09 51,536 1097.5 1114.5 1065.0 1098.0 + 17.02130.0 865.00 May 09 6,540 1096.0 1112.5 1089.0 1099.0 + 17.02170.0 750.00 Jul 09 9,310 1099.5 1114.5 1080.0 1099.7 + 16.92200.0 795.00 Dec 09 7,191 1075.0 1114.0 1075.0 1101.4 + 16.82013.5 890.40 Mar 10 598 1105.0 1105.0 1102.6 1102.6 + 16.8Est. Vol. 6,238 Vol. 12,960 open int 85,753 +199MINI SILVER (CBOT) – 1,000 oz.– cents per oz.2109.6 856.90 Jan 09 54 1092.1 1107.9 1077.0 1095.5 + 16.52115.6 855.00 Mar 09 2,833 1099.0 1113.8 1065.5 1098.7 + 8.802123.9 883.10 May 09 63 1084.1 1111.0 1084.1 1099.6 + 11.62140.0 884.50 Jul 09 61 1079.0 1111.0 1079.0 1099.7 + 16.92146.1 867.00 Dec 09 244 1106.0 1106.0 1101.4 1101.4 + 16.8Est. Vol. 1,364 Vol. open int 3,367 +132HI GRADE COPPER (CMX) – 25,000 lbs.– cents per lb.402.00 125.05 Jan 09 2,334 130.20 130.85 127.50 130.70 + 0.80400.00 125.95 Feb 09 2,289 131.30 132.20 128.05 131.40 + 0.95398.55 125.50 Mar 09 50,149 131.85 133.00 128.55 132.05 + 0.90396.90 128.25 Apr 09 2,669 133.15 133.25 132.80 132.80 + 0.90395.25 127.10 May 09 8,296 132.55 134.00 130.40 133.30 + 0.85393.60 129.00 Jun 09 923 133.90 133.90 133.90 133.90 + 0.75391.95 129.90 Jul 09 1,900 131.70 134.20 131.70 134.20 + 0.75383.70 131.15 Dec 09 2,170 133.50 135.95 133.50 135.95 + 0.70Est. Vol. 1,796 Vol. 6,740 open int 75,584 +1,193

OilsLIGHT SWEET CRUDE (NYM) – 1,000 bbl.– dollars per bbl.146.93 35.13 Feb 09 283,690 38.97 40.39 37.93 39.03 – 0.99148.12 38.00 Mar 09 134,884 42.46 43.37 41.25 42.76 – 0.27148.50 39.82 Apr 09 58,506 44.55 45.15 43.26 44.80 – 0.01146.69 41.25 May 09 35,609 46.08 46.47 44.98 46.33 + 0.14147.50 42.51 Jun 09 104,115 47.38 48.00 46.25 47.67 + 0.21147.40 43.67 Jul 09 43,101 48.85 49.14 47.39 48.91 + 0.25146.39 45.02 Aug 09 26,161 49.98 50.00 49.00 49.96 + 0.28145.96 45.99 Sep 09 19,971 50.66 51.06 50.66 50.95 + 0.29145.79 46.95 Oct 09 18,324 51.59 51.87 51.59 51.87 + 0.29145.62 47.89 Nov 09 15,532 52.18 52.78 52.13 52.78 + 0.29146.73 48.53 Dec 09 97,078 53.45 53.88 52.36 53.66 + 0.29144.40 53.20 Jun 10 23,798 58.20 58.25 58.06 58.06 + 0.43144.99 27.15 Dec 10 60,326 61.25 61.50 60.50 61.42 + 0.46143.00 59.85 Dec 11 37,585 65.32 65.38 64.75 65.38 + 0.18142.99 59.00 Dec 12 32,960 66.90 67.48 66.90 67.48 – 0.02141.94 67.26 Dec 14 10,519 70.90 71.12 70.90 71.12 – 0.38142.70 69.09 Dec 15 12,463 73.30 73.30 72.82 72.82 – 0.47145.60 70.54 Dec 16 3,263 74.80 74.80 74.25 74.25 – 0.47Est. Vol. 114,894 Vol. 247,967 open int 1,164,760 +18,729NATURAL GAS (NYM) – 10,000 mm btu's, $ per mm btu

14.46 5.245 Feb 09 78,272 5.923 6.180 5.789 5.859 – 0.22514.17 5.282 Mar 09 101,647 5.883 6.176 5.816 5.890 – 0.20912.00 5.370 Apr 09 61,780 5.980 6.165 5.857 5.933 – 0.19011.82 5.455 May 09 37,451 6.040 6.150 5.946 5.993 – 0.17311.87 5.571 Jun 09 28,192 6.100 6.220 6.051 6.093 – 0.16111.98 5.692 Jul 09 24,816 6.238 6.290 6.156 6.211 – 0.15112.04 5.800 Aug 09 22,510 6.305 6.370 6.266 6.300 – 0.14212.06 5.850 Sep 09 17,812 6.350 6.420 6.314 6.353 – 0.13912.12 5.970 Oct 09 34,267 6.470 6.533 6.416 6.473 – 0.13912.40 6.370 Nov 09 17,377 6.860 6.890 6.762 6.838 – 0.12412.75 6.753 Dec 09 27,613 7.240 7.335 7.170 7.228 – 0.109

Est. Vol. 32,610 Vol. 100,889 open int 673,896 –4,340HEATING OIL (NYM) – 42,000 gal, cents per gal428.00 119.14 Jan 09 10,254 129.16 130.21 126.50 128.80 + 0.27428.60 121.36 Feb 09 54,320 130.86 132.05 127.85 130.61 – 0.27428.50 123.96 Mar 09 30,804 133.80 134.90 131.07 133.61 – 0.22425.00 125.70 Apr 09 20,218 135.75 136.60 132.97 135.61 – 0.07421.25 127.73 May 09 17,045 138.44 138.72 134.68 137.61 – 0.12414.25 130.08 Jun 09 22,222 140.10 141.50 137.15 139.91 – 0.17413.25 133.56 Jul 09 10,112 143.45 145.15 140.34 142.96 – 0.17413.75 136.86 Aug 09 5,069 146.75 147.00 143.80 146.26 – 0.12414.80 140.06 Sep 09 7,787 150.20 150.26 147.25 149.61 – 0.02416.10 142.66 Oct 09 3,874 152.57 152.73 149.75 152.21 – 0.02417.35 145.26 Nov 09 2,436 154.29 155.25 152.35 154.81 + 0.03436.25 147.86 Dec 09 14,489 157.85 158.60 155.07 157.36 + 0.03419.35 150.36 Jan 10 3,458 160.25 160.25 157.37 159.81 + 0.08418.50 152.46 Feb 10 3,289 162.10 162.55 159.75 161.96 + 0.18Est. Vol. 19,708 Vol. 54,190 open int 228,161 +616NY HARBOR GAS BLEND (NYM) – 42,000 gallons– dollars per gallon

3.580 0.8260 Feb 09 76,646 0.9340 0.9429 0.8978 0.9328 + 0.0143.613 0.8708 Mar 09 28,233 0.9780 0.9860 0.9450 0.9803 + 0.0163.753 1.0093 Apr 09 19,369 1.1237 1.1281 1.0932 1.1253 + 0.0153.751 1.0715 Jun 09 11,355 1.1850 1.1858 1.1515 1.1858 + 0.015

Est. Vol. 15,113 Vol. 51,329 open int 195,287 –1,965

Woods And FibersLUMBER (CME) – 110,000 bd. ft.– $ per 1,000 bd. ft.298.00 163.70 Jan 09 1,832 173.00 174.50 172.00 172.50 – 1.70305.00 176.60 Mar 09 4,461 187.50 191.00 187.40 190.70 + 4.30303.50 189.50 May 09 1,168 201.00 204.30 200.00 204.20 + 0.20305.00 202.70 Jul 09 351 212.30 213.50 212.00 213.50 + 1.00298.50 205.00 Sep 09 104 214.00 214.50 214.00 214.50 + 1.50Est. Vol. Vol. 573 open int 7,943 +71COTTON 2 (NYBT) – 50,000 lbs.– cents per lb.

86.81 39.23 Mar 09 69,579 46.70 48.39 46.26 47.97 + 1.7288.38 40.25 May 09 19,444 46.60 48.53 46.60 48.21 + 1.6189.56 41.21 Jul 09 17,715 47.99 49.70 47.89 49.38 + 1.61

101.50 45.25 Dec 09 15,365 52.48 54.18 52.38 53.93 + 1.67101.72 54.20 Dec 10 974 62.20 62.40 62.03 62.03 + 1.67Est. Vol. 1,820 Vol. 4,454 open int 124,265 +331

IndexesS&P COMP. INDEX (CME) – 250 x index1638.8 737.00 Mar 09 478,207 888.10 888.80 869.00 888.20 + 17.81648.3 736.10 Jun 09 9,217 874.00 887.00 874.00 885.60 + 17.61657.8 732.70 Sep 09 591 868.40 884.40 866.40 882.80 + 17.41559.5 732.70 Dec 09 4 866.40 882.40 864.40 880.80 + 17.4Est. Vol. 15,521 Vol. 16,996 open int 488,019 +40S&P MINI INDEX (CME) – 50 x index1540.0 737.25 Mar 09 2,297,359 888.25 890.25 868.75 888.20 + 17.71441.1 741.25 Jun 09 7,266 885.50 886.50 866.75 885.60 + 17.61342.0 741.70 Sep 09 52 870.25 882.80 870.25 882.80 + 17.3Est. Vol. 855,033 Vol. 615,074 open int 2,304,706 +17,910S&P MIDCAP 400 (CME) – 500 x index919.50 411.90 Mar 09 3,825 511.00 526.00 510.00 525.40 + 14.7873.20 415.10 Sep 09 na 529.70 530.40 529.70 530.40 + 14.7534.70 511.00 Mar 10 na 534.70 535.40 534.70 535.40 + 14.7Est. Vol. 32 Vol. 29 open int 3,825 –6DJ INDUSTRIALS (CBOT) – $10 x Dow Jones Industrial Average13084 7439.0 Mar 09 9,777 8641.0 8650.0 8450.0 8640.0 + 152.0

Est. Vol. 139 Vol. 507 open int 9,780 –88MINI DOW JONES (CBOT) – $5 x DJIA index13084 7400.0 Mar 09 52,607 8640.0 8653.0 8441.0 8643.0 + 162.011865 7407.0 Jun 09 546 8559.0 8609.0 8500.0 8609.0 + 156.0

Est. Vol. 83,424 Vol. 64,376 open int 52,839 +2,783NASDAQ 100 INDEX (CME) – $100 x index2258.0 1041.5 Mar 09 19,385 1205.3 1209.0 1176.0 1206.0 + 30.52091.0 1043.3 Jun 09 9 1205.3 1207.8 1205.3 1207.8 + 30.52001.5 1045.0 Sep 09 na 1205.5 1208.0 1205.5 1208.0 + 30.5Est. Vol. 69 Vol. 1,575 open int 19,394 +498MINI NASDAQ 100 INDE (CME) – $20 x index2258.0 1021.0 Mar 09 226,003 1206.5 1208.0 1175.3 1206.0 + 30.52091.0 1043.3 Jun 09 1,630 1207.3 1207.8 1179.3 1207.8 + 30.51713.5 1047.8 Dec 09 12 1190.0 1211.0 1182.0 1211.0 + 30.5Est. Vol. Vol. 120,964 open int 227,652 +5,202RUSSELL 1000 Mini (NYBT) – $50 x index788.00 403.10 Mar 09 15,078 470.40 478.95 469.80 478.95 + 9.80Est. Vol. 57 Vol. open int 15,078 –44NIKKEI 225 AVGS. (CME) – $5 x nsa14700 7265.0 Mar 09 31,550 8990.0 9070.0 8990.0 9070.0 + 200.012475 7265.0 Sep 09 na 9000.0 9070.0 9000.0 9070.0 + 200.0

9040.0 8565.0 Dec 09 na 9000.0 9070.0 9000.0 9070.0 + 200.0Est. Vol. 1,380 Vol. 4,142 open int 31,550 +210

FinancialsUS TREASURY BONDS (CBOT) – $100,000 prin– pts & 32nds of 100 pct141-25 109-22 Mar 09 752,885 141-09 141-24 139-22 141-13 + 17140-12 108-24 Jun 09 690 140-04 140-06 138-21 140-03 + 16Est. Vol. 72,893 Vol. 52,239 open int 758,812 +3,35710 YEAR TREASURY (CBOT) – $100,000 prin–pts & 32nds & a half 32nd128-22 108-27 Mar 09 1,032,404 127-12 127-32 126-29 127-10 – 145Est. Vol. 139,269 Vol. 96,301 open int 1,046,756 –20,0245 YEAR TREASURY (CBOT) – $100,000 prin–pts & 32nds & a half 32nd122-32 106-04 Dec 08 24,747 122-06 122-08 121-20 121-20 – 063120-19 107-31 Mar 09 1,033,631 119-20 120-00 119-11 119-19 – 063Est. Vol. 147,446 Vol. 82,758 open int 1,058,378 +2962 YR. TREASURY NOTES (CBOT) – $200,000 prin–pts & 32nds & a quarter 32nd110-03 102-32 Dec 08 3,909 109-26 109-29 109-25 109-26 0.00000109-03 104-22 Mar 09 516,691 109-02 109-03 108-28 109-02 0.00000Est. Vol. 95,491 Vol. 35,107 open int 520,600 +1,744EURODOLLARS (IMM) – $1 million–pts of 100 pct.98.75 96.69 Jan 09 160,799 98.71 98.75 98.71 98.73 + 0.02598.88 96.69 Feb 09 8,040 98.86 98.88 98.86 98.86 + 0.0598.97 94.33 Mar 09 1,288,130 98.92 98.97 98.92 98.96 + 0.05598.93 94.31 Jun 09 1,019,297 98.90 98.93 98.85 98.91 + 0.0498.83 94.28 Sep 09 852,680 98.79 98.83 98.73 98.78 + 0.01598.70 91.40 Dec 09 740,144 98.63 98.70 98.58 98.63 + 0.0198.58 94.23 Mar 10 601,757 98.51 98.58 98.45 98.52 + 0.0298.38 92.25 Jun 10 365,383 98.28 98.36 98.24 98.30 + 0.02598.25 92.22 Sep 10 330,309 98.14 98.16 98.04 98.11 + 0.0298.11 94.11 Dec 10 279,928 97.94 97.96 97.84 97.92 + 0.0198.06 94.09 Mar 11 180,072 97.83 97.84 97.72 97.80 ...97.94 94.06 Jun 11 180,052 97.70 97.71 97.58 97.66 –0.005097.84 92.75 Sep 11 121,318 97.59 97.61 97.50 97.56 – 0.01

97.77 93.99 Dec 11 101,623 97.50 97.52 97.39 97.47 – 0.0197.75 93.97 Mar 12 92,368 97.42 97.49 97.39 97.45 – 0.0197.72 93.94 Jun 12 64,887 97.35 97.44 97.34 97.41 – 0.01597.69 93.92 Sep 12 63,469 97.31 97.40 97.31 97.38 – 0.01597.63 93.89 Dec 12 52,862 97.25 97.33 97.25 97.31 – 0.01597.61 92.73 Mar 13 43,670 97.22 97.31 97.22 97.29 – 0.0297.57 92.67 Jun 13 26,942 97.17 97.25 97.17 97.23 – 0.02597.50 93.81 Sep 13 27,440 97.11 97.18 97.11 97.16 – 0.02597.41 92.80 Dec 13 18,401 97.00 97.08 97.00 97.06 – 0.02597.44 93.86 Mar 14 12,828 97.02 97.03 96.98 97.03 – 0.0397.34 93.13 Jun 14 8,266 96.95 96.97 96.92 96.97 – 0.0397.29 93.81 Sep 14 7,885 96.90 96.92 96.87 96.92 – 0.03597.20 93.78 Dec 14 10,168 96.78 96.85 96.78 96.81 – 0.0497.18 93.76 Mar 15 12,547 96.75 96.80 96.75 96.79 – 0.0497.15 93.74 Jun 15 4,544 96.72 96.75 96.71 96.75 – 0.0497.06 93.59 Dec 15 2,812 96.64 96.71 96.64 96.67 – 0.0497.13 93.57 Mar 16 2,860 96.70 96.70 96.63 96.67 – 0.0497.02 93.66 Dec 16 2,871 96.63 96.63 96.57 96.61 – 0.045

Est. Vol. 513,653 Vol. 538,389 open int 6,698,525 –10,704US DOLLAR INDEX (NYBT) – 1000 x index

89.20 72.50 Mar 09 13,312 81.93 82.16 81.19 81.78 + 0.26Est. Vol. 1,121 Vol. 3,976 open int 15,702 +36AUSTRALIAN DOLLAR (IMM) – 100,000 dollars, $ per A $0.9523 0.5993 Mar 09 32,391 0.6820 0.6899 0.6810 0.6864 +0.00100.9409 0.5996 Jun 09 80 0.6823 0.6862 0.6809 0.6834 +0.0010Est. Vol. 14,459 Vol. 15,476 open int 32,647 –797BRITISH POUND (IMM) – 62,500 pounds, $ per pound

2.077 1.4367 Mar 09 71,101 1.4370 1.4533 1.4367 1.4382 –0.01551.9849 1.4376 Jun 09 1,194 1.4479 1.4516 1.4376 1.4378 –0.01601.9499 1.4400 Sep 09 6 1.4444 1.4507 1.4379 1.4379 –0.0161Est. Vol. 24,365 Vol. 30,536 open int 72,321 +762CANADIAN DOLLAR (IMM) – 100,000 dollars, $ per Cdn. dlr1.0927 0.7693 Mar 09 42,360 0.8190 0.8237 0.8105 0.8159 –0.01011.0173 0.7716 Jun 09 2,263 0.8188 0.8210 0.8131 0.8174 –0.01011.0145 0.7732 Sep 09 1,118 0.8198 0.8224 0.8158 0.8188 –0.01040.9965 0.7733 Dec 09 520 0.8222 0.8252 0.8178 0.8202 –0.01010.9683 0.7781 Mar 10 110 0.8252 0.8258 0.8192 0.8210 –0.0100Est. Vol. 14,104 Vol. 15,724 open int 46,371 +1,209MEXICAN PESO (IMM) – 500,000 pesos, $ per peso0.0989 0.0709 Jan 09 1 0.0727 0.0730 0.0717 0.0717 –0.001100.0983 0.0693 Mar 09 15,015 0.0710 0.0719 0.0704 0.0706 –0.00110Est. Vol. 4,058 Vol. 4,394 open int 15,101 +1,682JAPANESE YEN (IMM) – 12.5 million yen, $ per 100 yen1.1492 0.8961 Mar 09 102,936 1.1013 1.1127 1.0991 1.1091 +0.00041.1509 0.9158 Jun 09 3,702 1.1108 1.1139 1.1030 1.1114 +0.00021.1525 0.9286 Sep 09 14 1.1116 1.1143 1.1080 1.1139 –0.0003Est. Vol. 17,258 Vol. 31,892 open int 106,677 +3,395SWISS FRANC (IMM) – 125,000 francs, $ per franc1.0111 0.8172 Mar 09 24,245 0.9439 0.9551 0.9413 0.9463 –0.00581.0103 0.8219 Jun 09 315 0.9525 0.9572 0.9452 0.9488 –0.00641.0067 0.8265 Sep 09 5 0.9532 0.9577 0.9508 0.9511 –0.0069Est. Vol. 16,238 Vol. 19,760 open int 24,569 +593EURO – 125,000 Euros, $ per Euro1.5816 1.2327 Mar 09 119,385 1.3916 1.4191 1.3908 1.4054 –0.00061.5740 1.2344 Jun 09 789 1.4000 1.4157 1.3902 1.4028 –0.00061.5674 1.2452 Sep 09 1,039 1.4056 1.4123 1.3910 1.4011 –0.0011Est. Vol. 71,443 Vol. 102,499 open int 121,256 +2,29330 DAY FEDERAL FUNDS (CBOT) – $5 million– pts. of 100 pct.

99.84 95.64 Dec 08 71,991 99.84 99.84 99.84 99.84 +0.003099.85 95.64 Jan 09 70,508 99.84 99.85 99.83 99.84 + 0.0199.84 95.64 Feb 09 63,920 99.83 99.84 99.80 99.83 + 0.0199.81 95.64 Mar 09 40,406 99.80 99.81 99.78 99.80 + 0.01599.78 95.64 Apr 09 40,244 99.78 99.78 99.76 99.77 + 0.0199.75 95.64 May 09 44,363 99.75 99.75 99.73 99.74 + 0.0199.73 95.64 Jun 09 16,739 99.72 99.73 99.70 99.71 +0.005099.66 95.64 Jul 09 20,098 99.64 99.65 99.63 99.64 +0.005099.45 96.17 Nov 09 26,130 99.40 99.43 99.39 99.39 –0.0050

Est. Vol. 29,757 Vol. 24,048 open int 429,274 –6,181

For Tuesday, December 30, 2008

Season OpenHigh Low Interest Open High Low Close Chg.

Season OpenHigh Low Interest Open High Low Close Chg.

FuturesTables & Charts Footnotes:CBOT: Chicago Board of Trade. CME: Chicago Mercantile Exchange.CMX: Comex division of Nymex. IMM: International MonetaryMarket at CME. KBOT: Kansas City Board of Trade. NYBT: N.Y. Boardof Trade. NYM: N.Y. Mercantile Exchange. CME market data is theproperty of Chicago Mercantile Exchange Inc. and its licensors. Allrights reserved.Charts: Daily future prices are displayed with price momentum andvolume. Price momentum equals rate of change of high, low andclose for last 14 days. Change of short-term price direction may beindicated when % F (dark line) crosses % S (thin line).

BY REUTERS

Oil prices fell Tuesday as fears ofslipping demand amid global eco-nomic troubles trumped bets that Is-rael’s fourth day of air assaults inGaza could possibly disrupt sup-plies from the crude-rich MiddleEast.

Gold was lower as investorscashed out profits after its rise to11-week highs in the previous ses-sion, but it remained underpinnedby the violence in the Middle East,with foreign powers pressing Israeland Hamas to accept a truce.

The ailing U.S. economy weighedon oil, with data showing the holi-day shopping season was the weak-est since 1970 and consumer confi-dence in the world’s largest energyuser was at record lows in Decem-ber.

U.S. retail gasoline demanddropped 2.9% during the normallytravel-heavy Christmas holidayweek, according to a MasterCardSpendingPulse report releasedTuesday.

U.S. crude was down 75 cents, or1.9%, at $39.27 per barrel.

Oil has slumped from a recordhigh above $147 a barrel in July tobelow $40 as a contracting globaleconomy and a credit crunch havecut into demand.

TheOrganization of Petroleum Ex-porting Countries has already an-

nounced its biggest-ever produc-tion cut of 2.2 million barrels perday to stem the slide in prices.

Top OPEC exporter Saudi Arabiais set to cut oil supplies further inFebruary, market sources said Tues-day, which could potentially takeoutput below its agreed target.

Gold was lower amid profit-tak-ing, but interest in bullion as a safehaven from risk and the dollar’sweakness against major currencieshelped to limit the losses.

The dollar fell against the euro anda basket of currencies as tradersclosed out some positions beforethe year-end.

“Increased geopolitical risk couldredirect tactical investment flowsback into precious metals,” saidStandard Bank analyst ManqobaMadinane.

Gold fell to $868.65 an ounce from$877.50 late Monday. Bullion has re-covered more than 30% since tum-bling to a 13-month low of $680.80in late October.

U.S. wheat rallied as the weak dol-lar lifted export prospects for theworld’s top exporter of the foodgrain.

Wheat futures largely shruggedoff news that China would soonissue 2009 export quotas for wheat,corn and rice after a record domes-tic harvest.

Chicago Board of Trade wheat fordelivery in March rose 12 3/4 cents,or 2%, to $6.04 3/4 a bushel.

Season OpenHigh Low Interest Open High Low Close Chg.

Spot Prices

Crude Slips As Demand Fears TrumpMideast Violence; Wheat Rallies 2%

Key Commodity Futures

Season OpenHigh Low Interest Open High Low Close Chg.

C

INVESTOR'S BUSINESS DAILY FUTURES & BONDS WEDNESDAY, DECEMBER 31, 2008 B11

BY REUTERS

The long bond soared Tuesday ashistoric weakness in consumer sen-timent and the housing market viv-idly portrayed an economy mired inrecession, driving a safety bid forTreasuries.

Consumer confidence hit a recordlow in December, contributing tothe worst holiday shopping seasonsince at least 1970, while single-fam-ily home prices posted a recorddrop for October, according to re-ports out Tuesday.

The data helped lift the 30-yearbond more than two full points onthe day, as investors bet the reces-sion-bound economy would offerfew other returns worth the risk tosavings.

“At this point, there really is notanything stopping Treasuries,” saidMary Ann Hurley, vice president offixed-income trading at D.A. David-son & Co.

The 30-year bond was last up2 5/32 in price, pushing the yielddown to 2.55% from Monday’s2.64%.

The focus on the long bond in re-cent weeks came after the FederalReserve pushed interest rates downto zero, effectively, eroding much ofwhat remained of already excep-tionally low yields.

The two-year note rose 4/32 inprice, its yield easing to 0.73%.

The benchmark 10-year Treasurynote’s yield eased to 2.06% from2.11% late Monday.

Despite the day’s sour data, stocksmanaged a gain, which restrainedthe buying in Treasuries. However,it was difficult to see the data as any-thing but positive for governmentbonds.

“Tuesday’s data was decidedlybullish for Treasuries, with consum-er confidence hitting an all-timelow and housing prices falling morethan expected,” said David Ader,head of government bond strategyat RBS Greenwich Capital. “Thehighlights of the December dataconfirm the economy continued to

slide further into recession as thefourth quarter came to an end.”

Bond investors bid farewell to2008 on Wednesday with labor mar-ket data serving as a reminder of ayear-old recession that is likely todominate 2009 as well.

Weekly jobless claims will be themain data release during a short-ened New Year’s Eve session.

For Tuesday, December 30, 2008Bonds Summary

Domestic All IssuesTue Mon Tue Mon

Issues traded 3 1 3 1Advances 2 1 2 1Declines 1 0 1 0Unchanged 0 0 0 0

Long Bond Rockets On Recessionary Data;Volume Still Thin With Traders Vacationing

Key Financial And Commodity Futures

© 2008 Investor’s Business Daily, Inc. Investor’s Business Daily, IBD and CAN SLIM and corresponding logos are registered trademarks owned by Data Analysis, Inc., an affi liate of Investor’s Business Daily.

BEGINNING STRATEGIES FOR SUCCESSFUL INVESTING

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Bonus CD - Interview with William J. O’Neil, founder of

FREE GIFT! - Handy tote bag embroidered with the IBD® logo

Money RatesPrime Rate: ......................................................................... 3.25Base interest rate charged by major U.S. commercial bankson loans to corporations.

Discount Rate:Primary ............................................................................................. 0.50Secondary .......................................................................................... 1.00Rate charged by Federal Reserve System on loans to deposito-ry institutions

Broker Call Loan Rate: ................................................... 2.00Rate charged on short-term loans to brokerage dealersbacked by securities.

Federal Funds Target Rate: ............................................ 0.00-0.25Rates on overnight loans among financial institutions.

Certificates of Deposit:1 months ..................................................................................... 1.463 months ..................................................................................... 1.816 months ..................................................................................... 2.221 year ........................................................................................... 2.66

Interest rate paid by dealers for certificates of deposit basedon the duration of the security.

Jumbo CDs:1 month ....................................................................................... 1.593 months ..................................................................................... 1.916 months ..................................................................................... 2.341 year ........................................................................................... 2.76

London Interbank Offered Rate:3 months ....................................................................................... 1.466 months ....................................................................................... 1.811 year ............................................................................................ 2.08

The average of rates paid on dollar deposits.

Treasury Bill Auction Results:3-months (as of Dec. 29) ...................................................... 0.0506-months (as of Dec. 29) ...................................................... 0.250

Average discount rate for Treasury bills in minimum units on$10,000.

Treasury Bill:1-year, (as of Dec. 29) ............................................................ 0.40

Annualized rate on weekly average basis, yield adjusted forconstant maturity.

B12 WEDNESDAY, DECEMBER 31, 2008 INVESTORS.COM

IBD’S 20 RULES FOR INVESTMENT SUCCESS

1 Consider buying stocks with eachof the last three years’ earnings

up 25%+, return on equity of 17%+and recent earnings and salesaccelerating.

2 Recent quarterly earnings andsales should be up 25% or more.

3 Avoid cheap stocks. Buy stocksselling for $15 to $100 or more.

4 Learn how to use charts to seesound bases and exact buy

points. Confine buys to these pointsas stocks break out on big volumeincreases.

5 Cut every loss when it’s 8%below your cost. Make no

exceptions so you’ll avoid anypossible huge, damaging losses.Never average down in price.

6 Follow selling rules on when tosell and take profit on the way

up. Review “When to Sell and Takea Profit” in “How to Make Money inStocks.”

7 Buy when market indexes are inan uptrend. Reduce investments

and raise cash when general marketindexes show five days of increasedvolume distribution.

8 Read IBD’s Investor’s Corner andBig Picture columns to learn

how to recognize important topsand bottoms in market indexes.

9 Buy stocks with a CompositeRating of 90 or more and a

Relative Price Strength Rating of 85or higher in the IBD SmartSelectCorporate Ratings.

10 Pick companies with manage-ment ownership of stock.

B Y D O N A L D H . G O L DINVESTOR'S BUSINESS DAILY

Study the quality of a new rally,gauging distribution days, accumu-lation and leaders’ action.

The term “confirmed uptrend”means the market has made a bot-toming signalbut may not necessari-ly be rallying in earnest.

Let’s look at the current rally. Itstarted Dec. 2 with a follow-through day: a surge in the major in-dexes in higher volume than in theprevious session, confirming a rallythat started Nov. 21.

But, coming on the heels of one ofthe most stunning routs in the stockmarket’s history, the fledgling rallyhas been sluggish so far.

Leadership is thin. Few stockshave broken out of bases or fol-lowed those up with big gains. In-deed, the uptrend may need moretime to become fruitful.

Research over the years shows theneeded ingredients for a solid rally,and what to look for in judging it.00 Accumulation. You want to seethe market rise in strong volumeand dip in slower trade. True, at anygiven price the number of buyersequals the number of sellers. Buttotalsharestradedon an up day —ei-therfor a broad indexor anindividu-al stock — does not have to equal thetotal shares traded on a down day.00 Distribution days. A solid bullmarket is supported by institutionalinvestors: banks, insurance compa-nies, hedge funds, mutual funds andthe like.

Institutions make up the bulk ofthe market’s activity. If they aren’tbuying, neither should you.

Be wary if distribution days (mar-ket declines in higher volume)occur after a follow-through, espe-cially in the first week or so of sucha move.00 Leadership. Which stocks are

making it to the top of the market?Are they the high-tech, innovativecompanies? That would be healthy.

Right now, the leadership is domi-nated by health care stocks, somethat may be just defensive plays. Re-gional banks, mini markets and in-surance are also among the topgroups. That’s not exciting.

The No. 1 group right now is air-lines.Why? Soaring fuel prices near-ly crippled the industry. But those

pricescrashed, andairlines are shift-ing to a new generation of more fuel-efficient jets. As carriers groundedparts of their fleets, the least-effi-cient jets were the first to retire.

That’s not the sort of leadershipthat made America great.00 Leaders’ action. Gauge thebreakouts of solid leaders frombases.Since the follow-through, sev-eral high-rated stocks have brokenout, though a few have been duds.

Axsys TechnologiesAXYS flew outfrom a cup with handle on Dec. 3.But the stock sputtered. It soon fellmore than 8% from its buy pointand has now undercut its 50-dayand 200-day moving averages.

The real leaders may not haveeven shown themselves yet.

Or, this rally may fall apart.You want to see successful break-

outs, and few duds, among stockswith leadership qualities.

11 Buy mostly in the top six broadindustry sectors in IBD’s New

Highs List.

12 Select stocks with increasinginstitutional sponsorship in

recent quarters.

13 Current quarterly after-taxprofit margins should be

improving, near their peak andamong the best in the stock’s industry.

14 Don’t buy because of divi-dends or P-E ratios. Read a

story on the company. Buy the No. 1company in an industry in earningsand sales growth, ROE, profitmargins and product quality.

15 Pick companies with a superiornew product or service.

16 Invest mainly in entrepreneur-ial New America companies.

Pay close attention to those with anIPO in the past eight years.

17 Check into companies buyingback 5% to 10% of their stock

and those with new management(what is management’sbackground?).

18 Don’t try to bottom guess orbuy on the way down. Never

argue with the market. Forget yourpride and ego.

19 Find out if the market current-ly favors big-cap or small-cap

stocks.

20 Do a post-analysis of all yourbuys and sells. Post on charts

where you bought and sold.Evaluate and develop rules tocorrect your major mistakes. It’swhat you learn after you think youknow what you’re doing that’s vital.That’s how to improve your results.

INVESTOR EDUCATION

Daily Graphs available at investors.com/DGO/IC

August ’90 September October November December January ’91 February3 17 31 14 28 12 26 9 23 7 21 4 18 1

350

400

450

600,000300,000

Volume

Nasdaq Composite (0NDQC)A healthy bull market is fertile ground for many breakouts

CAHETSBORL

DELLUNHHCCC

CSCO

Follow-through

Leaders’ breakouts

SYK

BMED

APCC

BGEN

These rules aren’t based on our personal opinion or those of WallStreet’s experts. IBD built detailed models of all the most successfulstocks every year from 1880 to 2005. We analyzed their common charac-teristics, what factors existed before these very best companies hadhuge advances and how these factors changed when the stocks topped.So these rules represent how the market actually works. If you ignorethem and rely instead on personal opinions, feelings or emotions, youare potentially arguing with how the market has functioned for 50 yearsand you will likely make more costly mistakes.

If all 20 fact-based rules are carefully followed (not just the ones youlike), your investment results can materially improve:

© 2008 Investor’s Business Daily, Inc. Investor’s Business Daily, IBD and CAN SLIM and corresponding logos are registered trademarks owned by Data Analysis, Inc., an affi liate of Investor’s Business Daily.

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Even A Confirmed Uptrend Needs ConfirmationI N V E S T O R ’ S C O R N E R