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2005 2006 2007 2008 2004 20% 18% 16% 14% 12% 10% Financial Sector % of S&P 500 1998 1999 2000 2001 2002 10% 15% 20% 25% Technology Sector % of S&P 500 DOWN 80% DOWN 81% SECTOR OVERWEIGHTS The dangers of
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1990 2000 2010 S&P 500 = $2,542,535 $1 million $2 million $3 million $0 Tactical Weighting = $3,515,878 RESULTS