DOW JONES INDUS.

AVG (INDU)
Current Outlook - ST Bull Trend / LT Bull Trend Last Price - 12,579.86

13,186

OR

12,686
Min
Ma

12,186

IND
MS
SPX
CCM
11,686 RTY
mb
IND
SPT
Chart Legend - Daily ME
S/T Bear Trend S/T Bull Trend
12,556.13 11,186 IBO
Changes Above #N/A N/A Changes Below
SX5
L/T Bear Trend #N/A N/A L/T Bull Trend 12,401.68 UKX
Changes Above Changes Below CAC
20-Day Moving Average 12,613.79 DAX
50-Day Moving Average 12,350.53 IBE
10,686 FTS
600.0 AEX
Bull Trend Bear Trend OM
400.0 SM
200.0 NKY

0.0
-200.0
-400.0
-600.0
-800.0
1/20/11 1/27/11 2/3/11 2/10/11 2/17/11 2/25/11 3/4/11 3/11/11 3/18/11 3/25/11 4/1/11 4/8/11 4/15/11 4/25/11 5/2/11 5/9/11 5/16/11
Disclosure: This material is provided for information only and is not intended as a recommendation or an offer or solicitation for the purchase or sale of any
security or financial instrument. This material is not a complete analysis of all material facts respecting any issuer, industry or security or of your investment
objectives, parameters, needs or financial situation, and therefore is not a sufficient basis alone on which to base an investment decision. Horowitz &
Company clients may hold positions (long or short) in investments discussed. Please click for detailed disclosures and additional information about our stock

5/16/2011
 S&P 500 Stock Index (SPX)
Current Outlook - ST Bear Trend / LT Bull Trend Last Price - 1,333.88
1,411

OR

1,361
Min
Ma

1,311

SPX
MS
SPX
CCM
1,261 RTY
mb
IND
SPT
Chart Legend - Daily ME
S/T Bear Trend S/T Bull Trend
#N/A N/A 1,211 IBO
Changes Above 1,360.99 Changes Below
SX5
L/T Bear Trend #N/A N/A L/T Bull Trend 1,321.71 UKX
Changes Above Changes Below CAC
20-Day Moving Average 1,342.70 DAX
50-Day Moving Average 1,323.45 IBE
1,161 FTS
60.0 AEX
Bull Trend Bear Trend OM
40.0
SM
20.0 NKY
0.0
-20.0
-40.0
-60.0
-80.0
-100.0
1/20/11 1/27/11 2/3/11 2/10/11 2/17/11 2/25/11 3/4/11 3/11/11 3/18/11 3/25/11 4/1/11 4/8/11 4/15/11 4/25/11 5/2/11 5/9/11 5/16/11
Disclosure: This material is provided for information only and is not intended as a recommendation or an offer or solicitation for the purchase or sale of any
security or financial instrument. This material is not a complete analysis of all material facts respecting any issuer, industry or security or of your investment
objectives, parameters, needs or financial situation, and therefore is not a sufficient basis alone on which to base an investment decision. Horowitz &
Company clients may hold positions (long or short) in investments discussed. Please click for detailed disclosures and additional information about our stock

5/16/2011
 NASDAQ Stock Index (CCMP)
Current Outlook - ST Bear Trend / LT Bull Trend Last Price - 2,791.54

2,910
OR

Min
2,810 Ma

2,710 CCM
MS
SPX
CCM
RTY
2,610 mb
IND
SPT
Chart Legend - Daily ME
S/T Bear Trend S/T Bull Trend
#N/A N/A IBO
Changes Above 2,878.07 Changes Below 2,510 SX5
L/T Bear Trend #N/A N/A L/T Bull Trend 2,770.00 UKX
Changes Above Changes Below CAC
20-Day Moving Average 2,830.59 DAX
50-Day Moving Average 2,774.09 IBE
2,410 FTS
150.0 AEX
Bull Trend Bear Trend OM
100.0 SM
50.0 NKY

0.0
-50.0
-100.0
-150.0
-200.0
1/20/11 1/27/11 2/3/11 2/10/11 2/17/11 2/25/11 3/4/11 3/11/11 3/18/11 3/25/11 4/1/11 4/8/11 4/15/11 4/25/11 5/2/11 5/9/11 5/16/11
Disclosure: This material is provided for information only and is not intended as a recommendation or an offer or solicitation for the purchase or sale of any
security or financial instrument. This material is not a complete analysis of all material facts respecting any issuer, industry or security or of your investment
objectives, parameters, needs or financial situation, and therefore is not a sufficient basis alone on which to base an investment decision. Horowitz &
Company clients may hold positions (long or short) in investments discussed. Please click for detailed disclosures and additional information about our stock

5/16/2011
 Russell 2000 Stock Index (RTY)
Current Outlook - ST Bear Trend / LT Bear Trend Last Price - 827.77

892

872 OR ENTE

852
Min
Max

832

812
RTY Inde
MSER IND
SPX Inde
792
CCMP IN
RTY Inde
mbi EQU
772 INDU Ind
SPTSX In
Chart Legend - Daily MEXBOL
S/T Bear Trend S/T Bull Trend 752 IBOV Ind
856.37 Changes Below #N/A N/A
Changes Above SX5E Ind
L/T Bear Trend 867.51 L/T Bull Trend #N/A N/A UKX Inde
Changes Above Changes Below 732 CAC Inde
20-Day Moving Average 842.82 DAX Inde
50-Day Moving Average 830.28 IBEX Inde
712 FTSEMIB
60.0 AEX Inde
Bull Trend Bear Trend OMX Ind
40.0 SMI Inde
NKY Inde
20.0

0.0

-20.0

-40.0

-60.0
1/20/11 1/27/11 2/3/11 2/10/11 2/17/11 2/25/11 3/4/11 3/11/11 3/18/11 3/25/11 4/1/11 4/8/11 4/15/11 4/25/11 5/2/11 5/9/11 5/16/11
Disclosure: This material is provided for information only and is not intended as a recommendation or an offer or solicitation for the purchase or sale of
any security or financial instrument. This material is not a complete analysis of all material facts respecting any issuer, industry or security or of your
investment objectives, parameters, needs or financial situation, and therefore is not a sufficient basis alone on which to base an investment decision.
Horowitz & Company clients may hold positions (long or short) in investments discussed. Please click for detailed disclosures and additional information

5/16/2011