Daily Close	3 Day Moving Average	9 Day Moving Average	Signal	Position Price	Gain/Loss	Margin Balance
	$/cwt	$/cwt	$/cwt			$/cwt	$
3-Jun-04	88.15	87.71	87.35
4-Jun-04	88.73	88.40	87.54
7-Jun-04	89.55	88.81	87.83
8-Jun-04	88.30	88.86	88.05
9-Jun-04	88.75	88.87	88.28
10-Jun-04	87.65	88.23	88.20
14-Jun-04	86.73	87.71	88.09	Sell
15-Jun-04	86.08	86.82	88.03		86.70	0.63	250	Sell at the open on the day after the signal
16-Jun-04	86.15	86.32	87.79			0.55	220
17-Jun-04	86.93	86.38	87.65			-0.22	-90
18-Jun-04	86.75	86.61	87.43			-0.05	-20
21-Jun-04	87.35	87.01	87.19			-0.65	-260
22-Jun-04	87.50	87.20	87.10	Buy		-0.80	-320
23-Jun-04	88.85	87.90	87.11		87.40	-0.70	-280	Bought at the open the day after the signal. A loss of $280 + Commission
24-Jun-04	89.65	88.67	87.33
25-Jun-04	89.38	89.29	87.63
28-Jun-04	86.90	88.64	87.72
29-Jun-04	88.12	88.13	87.94
30-Jun-04	86.30	87.11	87.87	Sell
1-Jul-04	86.72	87.05	87.86		85.80	-0.92	-368	Sell at the open on the day after the signal
2-Jul-04	86.40	86.47	87.76			-0.60	-240
6-Jul-04	88.87	87.33	87.91			-3.07	-1228
7-Jul-04	88.00	87.76	87.82			-2.20	-880
8-Jul-04	86.55	87.81	87.47	Buy		-0.75	-300
9-Jul-04	86.95	87.17	87.20	Sell	86.30	-0.50	-200	Bought at the open the day after the signal. A loss of $200 + Commission
12-Jul-04	86.70	86.73	87.18		86.50	-0.20	-80	Sell at the open on the day after the signal
13-Jul-04	86.75	86.80	87.03			-0.25	-100
14-Jul-04	87.28	86.91	87.14			-0.78	-310
15-Jul-04	85.55	86.53	87.01			0.95	380
16-Jul-04	85.40	86.08	86.89			1.10	440
19-Jul-04	85.85	85.60	86.56			0.65	260
20-Jul-04	85.55	85.60	86.29			0.95	380
21-Jul-04	87.13	86.18	86.35			-0.63	-250
22-Jul-04	90.12	87.60	86.70	Buy		-3.62	-1448
23-Jul-04	89.30	88.85	86.99		89.70	-3.20	-1280	Bought at the open the day after the signal. A loss of $1280 + Commission
26-Jul-04	90.72	90.05	87.43
27-Jul-04	90.95	90.32	87.84
28-Jul-04	90.35	90.67	88.37
29-Jul-04	89.45	90.25	88.82
30-Jul-04	88.75	89.52	89.15
2-Aug-04	88.50	88.90	89.47	Sell
3-Aug-04	86.37	87.87	89.39		88.15	1.78	712	Sold on the open the day after the sell signal.
4-Aug-04	87.50	87.46	89.10			0.65	260
5-Aug-04	86.75	86.87	88.82			1.40	560
6-Aug-04	86.97	87.07	88.40			1.18	472
9-Aug-04	88.87	87.53	88.17			-0.72	-288
10-Aug-04	88.77	88.20	87.99	Buy		-0.62	-248
11-Aug-04	87.30	88.31	87.75		89.10	-0.95	-380	Bought on the open following the buy signal on Tuesday's close.  Lost $380 + commission
12-Aug-04	87.52	87.86	87.62
13-Aug-04	89.80	88.21	87.76
16-Aug-04	89.35	88.89	88.09
17-Aug-04	89.02	89.39	88.26
18-Aug-04	88.67	89.01	88.47
19-Aug-04	86.55	88.08	88.43	Sell
20-Aug-04	86.27	87.16	88.14		86.50	0.23	92	Sold on the open the day after the sell signal.
23-Aug-04	85.82	86.21	87.81			0.68	272
24-Aug-04	83.92	85.34	87.44			2.58	1032
25-Aug-04	83.55	84.43	86.99			2.95	1180
26-Aug-04	83.05	83.51	86.24			3.45	1380
27-Aug-04	82.85	83.15	85.52			3.65	1460
30-Aug-04	84.42	83.44	85.01			2.08	832
31-Aug-04	84.65	83.97	84.56			1.85	740	bought one contract when first cattle were sold.
1-Sep-04	83.07	84.05	84.18			3.43	1372
2-Sep-04	82.77	83.50	83.79			3.73	1492
3-Sep-04	82.72	82.85	83.44			3.78	1512
7-Sep-04	82.37	82.62	83.27			4.13	1652
8-Sep-04	82.90	82.66	83.20			3.60	1440
9-Sep-04	82.60	82.62	83.15			3.90	1560
10-Sep-04	85.02	83.51	83.39	Buy		1.48	592
13-Sep-04	85.02	84.21	83.46		85.00	1.50	600	Bought on the open following the buy signal on Friday's close.  Made $600 - commission
14-Sep-04	85.42	85.15	83.54					Now out of the market
15-Sep-04	85.70	85.38	83.84
16-Sep-04	86.42	85.85	84.24
17-Sep-04	85.45	85.86	84.54
20-Sep-04	86.00	85.96	84.95
21-Sep-04	86.65	86.03	85.36
22-Sep-04	84.85	85.83	85.61
23-Sep-04	84.15	85.22	85.52	Sell
24-Sep-04	84.47	84.49	85.46		84.75	0.28	112	Sold on the open the day after the sell signal.
27-Sep-04	83.80	84.14	85.28			0.95	380
28-Sep-04	84.10	84.12	85.10			0.65	260
29-Sep-04	85.90	84.60	85.04			-1.15	-460
30-Sep-04	85.08	85.03	85.00	Buy		-0.33	-132
1-Oct-04	85.88	85.62	84.99		84.95	-0.20	-80	Bought on the open following the buy signal on Thursday's close.  Lost $.20/cwt or $80/contract and commission
4-Oct-04	85.83	85.59	84.89
5-Oct-04	86.18	85.96	85.04
6-Oct-04	86.23	86.08	85.27
7-Oct-04	85.45	85.95	85.38
8-Oct-04	86.23	85.97	85.65
11-Oct-04	86.40	86.03	85.91
12-Oct-04	86.78	86.47	86.00