NASDAQ Stock Index: Chart Legend

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NASDAQ Stock Index

2,900

2,880

2,860

2,840

2,820

2,800

2,780

2,760

2,740

2,720

2,700

2,680

2,660

2,640

2,620

2,600

2,580
Chart Legend
S/T Bear Trend #N/A N/A S/T Bull Trend 2687.46 2,560

L/T Bear Trend L/T Bull Trend #N/A N/A 2,540


2781.26
2,520
20-Day Moving Average 2715.99
2,500
50-Day Moving Average 2744.07

150.0
Bull Trend Bear Trend
100.0

50.0

0.0

-50.0

-100.0

-150.0

-200.0
6-Dec-10 20-Dec-10 4-Jan-11 19-Jan-11 2-Feb-11 16-Feb-11 3-Mar-11 17-Mar-11 31-Mar-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 ratings and scoring.

3/31/2011

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