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CLEARTRADE COMMODITIES RESEARCH DISCLAIMER

Research Disclaimer

This research was compiled for the purpose of trading undertaken by ClearTrade and for the distribution to customers and the general public as an information service. It does not constitute a solicitation for the purchase or sale of any commodity, security, investment or product, nor does it constitute advice to users of the web-site. ClearTrade may already have undertaken or may in the future undertake its own account transaction in respect of any commodity, security, product or investment described or any related transaction. ClearTrade owes no duty to users of the web-site in respect of this research material. Any person acting on information in this research material does so at its own risk, and is also referred to the disclaimer displayed on this web-site. ClearTrade shall be under no liability whatsoever in respect of this research. Past performance will not necessarily be repeated in the future.

Scott Joss is a 'non member' CTA and is providing recommendations to ClearTrade, Inc. clients. Scott Joss 'is a principle' of ClearTrade, Inc. and 'is a registered IB member' with the NFA.

REPRODUCTION OR REBROADCAST OF ANY PORTION OF THIS INFORMATION IS STRICTLY PROHIBITED WITHOUT THE WRITTEN PERMISSION OF CLEARTRADE, INC.

The contents are copyright©, Scott R.Joss/ClearTrade, Inc. *TM. All Rights Reserved.

DISCLAIMER:

These market recommendations are strictly the opinion of the writer and are intended solely for informative purposes and are not to be construed, under any circumstances, by implication or otherwise, as an offer to sell or a solicitation to buy or trade in any commodities or securities herein named. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Futures trading involves substantial risk. In no event should the content of this market letter be construed as a promise that you will profit or that losses can or will be limited in any manner whatsoever.

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The Joss Report was first published as a traders' commodity newsletter in 2000. Since that time, our research has continued to evolve into an important source of technical insight for many commodity brokers and futures traders.

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As a complete online futures broker, we also offer a FREE Subscription to the 'Joss Report' - a weekly trade advisor that includes proprietary trade recommendations and a comprehensive commodity newsletter. The Joss Report is prepared by ClearTrade's own technical analyst, Scott Joss*, a veteran futures trader with thirty years experience on and off the trading floor - as a technical analyst, pit trader, account executive handling arbitrage for Smith Barney, former member of the CBOT, non-member CTA and presently an IB.

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