RAISE STOPS ON OUR $CDE POSITION

We have substantial gains on $CDE. We suggest putting a tight sell stop on partial position and a wider sell stop on rest of position. 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

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CONSIDER PARTIAL SELL ON OUR CDE POSITION RIGHT HERE AT $16.83

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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OUR LONG/SHORT ALLOCATION MODEL REMAINS UNCHANGED

Today stock market broke out to new year to date high. All components of our model with the exception of three would dictate a more positive stance. Here are the three exceptions: Recently US Stock Market has been remarkably correlated to US $; weaker the dollar, higher the stock market.

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OUR LONG/SHORT ALLOCATION MODEL IS NOW 50% CASH, 20% LONG AND 30% SHORT

In today’s market, extraordinary strength of dollar against both Yen and Euro, muted reaction to a great Employment Report, Volume executed at BID vs. Volume executed at ASK at key support/resistance points in S&P Futures and afternoon reversal of money flow in leading groups when plugged in our moder are

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OUR LONG/SHORT ALLOCATION MODEL IS NOW 50% CASH, 25% LONG AND 25% SHORT

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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OUR INTERMEDIATE TERM TIMING MODEL IS NOW 45% SHORT S&P 500, SPY, ES_F

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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OUR INTERMEDIATE TERM TIMING MODEL IS NOW 30% SHORT AND 70% CASH S&P 500 $SPY $SPX $ES_F

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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INDEPENDENTLY VERIFIED DETAILS OF OUR PERFORMANCE $ES_F $SPY $SPX $$ $

Click on the medallion above to view performance and detailed statistics of our Intermediate S&P 500 market timing signal 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

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TheAroraReport TIMING SIGNAL RANKED NUMBER ONE BY TIMERTRAC $$

Here are the details from TimerTrac that independently verifies our intermediate timing signal:TimerTrac has verified that the strategies below are actual. Top Performers over the period from Monday, May 04, 2009 through Friday, July 10, 2009The index SP500 changed -3.10% over this same time period.Rank 1Strategy Name TheAroraReport s&p 500

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IINTERMEDIATE S&P 500 TIMING MODEL NOW 90% CASH AND 10% SHORT $ES_F $SPX $SPY

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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