The information included at this website has been placed there by Thomas Pfluegl as a public service. Thomas Pfluegl has not taken any steps to verify the adequacy, accuracy or completeness of any information. Neither Thomas Pfluegl nor any of its respective affiliates, officers, directors, agents and employees, if any, make any warranty, express or implied, of any kind whatsoever, and none of these parties shall be liable for any losses, damages, costs or expenses, of every kind and description, relating to the adequacy, accuracy or completeness of any information on this report or the use of information on this website.

Trading of stocks, futures contracts, options on futures contracts and other derivative instruments is speculative and involves substantial risk of loss. Derivatives prices are highly volatile and derivatives trading may be illiquid. With regard to all performance information contained in this report, users should note the following: past results are not necessarily indicative of future results.

The information provided at this website is provided "as is" without warranty of any kind. Thomas Pfluegl disclaims all warranties, either express or implied, including the warranties of merchantability and fitness for a particular purpose. In no event shall Thomas Pfluegl or its affiliates be liable for any damages whatsoever including direct, indirect, incidental, consequential, loss of business profits or special damages, even if Thomas Pfluegl or its affiliates have been advised of the possibility of such damages. Some states do not allow the exclusion or limitation of liability for consequential or incidental damages so the foregoing limitation may not apply.

The data and software provided at this website are furnished for informational purposes only. Any use of the provided data and software, including, without limitation, use in connection with stocks, derivatives, or other financial instruments, is provided "as is" without warranty of any kind.

Such data and software may not be reproduced or redisseminated in any form without prior written permission from Thomas Pfluegl. Neither Thomas Pfluegl nor any other party makes any representation or warranty of any kind either express or implied with respect to this data and software (or the results to be obtained by the use thereof) and Thomas Pfluegl expressly disclaims any and all warranties of originality, accuracy, completeness, merchantability and fitness for any particular purpose. The user of the data and software assumes the entire risk of any use made of the data and software. In no event shall Thomas Pfluegl or any other party be liable to the user for any direct or indirect damages, including without limitation any lost profits, lost savings or other incidental or consequential damages arising out of the use of this data and software.

The Commodity Futures Trading Commission and the National Futures Association require that I state:

Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

This information is not for purposes of solicitation.

For further information, please contact the author:

e-mail: thomas.pfluegl@aon.at

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