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CONSIDER BUYING PCX (PATRIOT COAL CORP)

February 13, 2009

Fourth Circuit Court of Appeals wholly overturned the March 23, 2007 West Virginia Federal Court decision on Mountain top mining today. We believe that this will act as a near term catalyst for PCX. In view of high short interest and depressed price, consider scaling in PCX right here at $4.90 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

CONSIDER ADDING TO INDIAN ETFS

January 8, 2009

Satyam scandal has caused a large drop in Indian markets. This effect is going to be short lived. Consider adding to Indian ETF positions. Our favorite is EPI right here at $10. Add more on dips. 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 % return per position: 296.77% ………………Check out details .

CONSIDER TAKING PROFITS IN DXO (OIL )

December 31, 2008

Consider exiting all of DXO position $2.88 to $ 3.10 range. We are observing a blow off top and we have over 50% gain in a very short time. 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 % return per position: 296.77% ………………Check out details .

CONSIDER ADDING TO OIL (DXO)

December 24, 2008

We added to DXO position aggressively at $1.71. Consider getting more aggressive around $1.52 or lower. 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 % return per position: 296.77% ………………Check out details .

CONSIDER BUYING INDIAN ETF’S

December 19, 2008

India is a big importer of oil and commodities. As prices have come down, they are beginning to positively affect Indian economy. India is considerably less dependent on exports to western economies than China. We believe India will be the first emerging market to recover. The market being down over 50% from its peak offers exceptional opportunity. Consider scaling in on pullbacks in INP, EPI, IFN or IIF 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,

CONSIDER BUYING OIL

December 19, 2008

Our research shows that there are early signs oil demand in India and China will pick up in 2009. In these economies, governments control prices and prices at retail are coming down .Lower prices will increase demand. Ultimately western economies will also recover increasing oil demand. The time to start buying oil is now. Our favorite way is to start scaling in right here at $2.53 in DXO . On the upside this ETN provides 100% leverage. On the downside, oil will have to trade at zero for $2.53 to be lost. Risk / reward is compelling www.thearorareport.com THE ARORA

CONSIDER SHORT FII ( FEDERATED INVESTORS )

December 18, 2008

FII drives most of its income from money market funds. This Tuesday the Federal Reserve clearly stated that it will keep interest rates close to zero for an extended period. Treasury bills have negative returns. In this environment, FII will not be able to turn its traditional fees from the money market funds. Consider shorting in the range of $19 to $24. Target in the range of $10 to 12. 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,

CONSIDER ADDING AGGRESSIVELY TO UYG

November 19, 2008

Consider scaling in aggressively to UYG (ultra financial etf ) starting right here around $5.10 and continue scaling in as the stock falls. 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 % return per position: 296.77% ………………Check out details .