TAKING PARTIAL PROFITS ON GOLD, $GCZ9, $GLD,

We are short on $GCZ9 from $1196. Consider taking partial profits right here at $1178 with a tight stop on the rest. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade

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SELLING SHORT $ABX ON BOUNCES WITH TIGHT STOPS

www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade since 2007, without exception, is included in the performance results. Number of winning positions: 162 Number of losing positions: 10 Average annualized

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SELLING SHORT GOLD ON BOUNCES WITH TIGHT STOPS IF DOLLAR COOPERATES $GLD, $GCZ9,

www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade since 2007, without exception, is included in the performance results. Number of winning positions: 162 Number of losing positions: 10 Average annualized

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IN VIEW OF THE VERY POSITIVE EMPLOYMENT REPORT, TIGHTENING STOPS ON ALL OF OUR SHORT POSITIONS $$

www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade since 2007, without exception, is included in the performance results. Number of winning positions: 162 Number of losing positions: 10 Average annualized

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ONCE AGAIN WE HAVE BEEN AHEAD OF THE CROWD ON COAL STOCKS $KOL, $CNX, $BTU , $$

We have been negative on coal stocks for a while. Now there appears to be a wider recognition of the fundamental reasons as evidenced by the following excerpts from an article in WSJ today: The Wall Street Journal reports U.S. coal stockpiles are climbing as supplies outpace demand from utilities

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STOPS HIT FOR EXIT WITH PROFIT ON $GCZ9 AT $1161

In the overnight trade $GCZ9 did hit $1130. Those who had vigorously followed our methodology should have had orders in $1130 range and should have generated very large profits. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND

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CONSIDER TAKING PARTIAL PROFITS ON GOLD $GLD, $GCZ9, $GC_F

$GCZ9 is now trading at $1154 giving us a fair amount of profit. We suggest using technicals and movement of EUR/USD to pinpoint targets for partial profit taking. Based on the information available now, partial profits should be taken in the range of $1130 to $1137 or higher if technicals

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MORE SHORT SELL ON GCZ9 AT $1191, $GLD, $GC_F

Our methodology dictated more short sale on the spike up. Unless our indicators change, the plan is to continue lightly scaling in until $1220 and partially cover on pullbacks while maintaining a core short position. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO

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SELL ON $EPI (WISDOM TREE INDIA ETF)

Hype from Indian Prime Minister Manmohan Singh’s visit to Washington is at a peak. We will take advantage and sell the position in $EPI around $21.88 www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE

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AGRESSIVELY ADDED TO SHORT POSITION ON $MDT (MEDTRONICS) AT $43.60

$MDT (Medtronics) earnings were better than expected, however a review of the earnings report does not change our medium term thesis. Unless our methodology tells us otherwise, we will use spikes up to add to our short position. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD

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