Day Trading Portfolio 2003 - Unaudited

                                                                                                                                                                                                                                                                                                                                 
      2003 HYPO RETURNS  
The following summary reflects the performance of our HYPO Portfolio during Calendar 2003  
Our calculations are based on points derived from actual trading calls.  Example: You buy XYZ at 50 sell at 52 net 2 points.  
We are estimating that commissions are $10 a trade and each trade is for 800 shares.  
The trading calls may or may not have been followed by members or Stock Traders Daily.  
Returns will vary based on differences in the shares/trade and the commissions.  
The assets allocated to this part of the strategy coincides with those offered in the Investment Plan for 2003.  
The dates correspond with the Date of the Newsletter in which they were illustrated.    
Example:  4/30/03 represents the trades on 4/29/03 but are illustrated in the Newsletter dated 4/30/03.  
Each Entry is one position.    
   
Total Number of Trades: 722   Average Points Per Trade:          0.0840  
Total Points: 60.62   Return based on 500 shares per position:  $ 48,496.00  
Beginning Value: $200,000   YTD Return in % 24.25%  
Commissions $10/Trade $14,440   YTD return after Commissions in % 17.03%  
Average Trades/Day 6.69   Average Points/Day 0.56  
Stock Symbol Date Long/Short Buy Price Sell Price Total Points  
AMGN 6/23/2003 Long 64.5 64.3 -0.2  
AMGN 6/23/2003 Long 64.5 64.3 -0.2  
AMGN 6/23/2003 Long 64.5 65 0.5  
EBAY 6/23/2003 Long 101.9 102.35 0.45  
SYMC 6/23/2003 Short 46 46.7 0.7  
ERTS 6/20/2003 Long 74.7 74.5 -0.2  
ERTS 6/20/2003 Long 74.7 74.5 -0.2  
IDPH 6/20/2003 Short 40 39 -1  
EBAY 6/20/2003 Long 103 102.8 -0.2  
ERTS 6/19/2003 Long 76.5 76.3 -0.2  
FNM 6/19/2003 Short 71 70.8 -0.2  
KLAC 6/19/2003 Long 48.05 48.3 0.25  
ERTS 6/19/2003 Long 74.15 74.55 0.4  
BGEN 6/18/2003 Long 48 47.8 -0.2  
EBAY 6/18/2003 Long 101.9 101.7 -0.2  
EBAY 6/18/2003 Long 101.35 102 0.65  
ADBE 6/17/2003 Short 31 31.9 0.9  
KLAC 6/17/2003 Long 45.7 47 1.3  
QLGC 6/17/2003 Long 47.1 49 1.9  
ADBE