Accuracy Measurements

VantagePoint Intermarket Analysis Software Accuracy Measurements

Proprietary trained neural networks predict the following values for every market:

• Predicted Neural Index
  
• Predicted Strength
  
• Predicted Next Day High
  
• Predicted Next Day Low
  
• Predicted Short Term Trend
  
• Predicted Medium Term Trend
  
• Predicted Long Term Trend
  
• Predicted MACD
  
• Predicted RSI
  
• Predicted TSI
  
• Predicted Stochastic

The neural network for each VantagePoint 8.7 Future market was trained and tested using actual market data provided by Commodity Research Bureau CRB.

Data from 4/26/2007 to 4/25/2012 were used to train the neural networks. The training process included correlation analysis, advanced input selection, dynamic optimization, and numerous advanced statistical techniques.

Out-of-sample data from 4/26/2012 to 10/26/2012 were used to test the accuracy of each market's Neural Index predictions. The Neural Index predicts if a 3-day moving average of typical price will be higher or lower two trading days in the future. Since this prediction is either correct or incorrect, its accuracy can be measured in terms of percent correct. For example, if the Neural Index is correct 86 days out of 100, then the percent accuracy is 86%.

The tested accuracies are listed below:

Futures

Out-of-sample data from 4/26/2012 to 10/26/2012 were used to test the accuracy of each market's Neural Index predictions.

84.8% 2 Year U.S. Treasury Notes
73.5% 5 Year U.S. Treasury Notes
77.3% 10 Year U.S. Treasury Notes
85.6% ASX All Ordinaries
76.5% Australian Dollar
76.5% Brent Crude
74.2% British Pound
78.0% CAC-40
77.3% Canadian Dollar
80.3% Canola
75.0% Cocoa
75.8% Coffee
81.8% COMEX miNY Gold
81.8% COMEX miNY Silver
74.2% Copper
81.1% Corn
78.8% Cotton
77.3% DAX
80.3% DJ Euro Stoxx 50
78.8% DJIA
84.1% DJUA
75.0% E-Mini DJIA
84.8% E-Mini Euro FX
81.1% E-Mini Japanese Yen
72.7% E-mini Light Sweet Crude Oil
82.6% E-Mini NASDAQ 100
78.0% E-mini Natural Gas
82.6% E-Mini S&P 500
79.5% Euro Bund
81.1% Euro FX
75.0% Eurodollar
82.6% Feeder Cattle
81.8% FTSE 100
80.3% Gas Oil
77.3% Gold
84.1% Hang Seng
79.5% Heating Oil
83.3% Japanese Yen
77.3% Kansas City Wheat
85.6% Lean Hogs
75.0% Light Sweet Crude Oil
72.0% Live Cattle
83.3% Lumber
80.3% Mexican Peso
78.0% Mini Corn
78.0% Mini Russell 2000
79.5% Mini Soybeans
79.5% Mini Wheat
78.0% NASDAQ 100
77.3% NASDAQ Composite
80.3% Natural Gas
77.3% Nikkei 225
80.3% Oats
84.1% Orange Juice
84.1% Palladium
81.1% Platinum
79.5% RBOB Gasoline
77.3% Rough Rice
81.8% S&P 100
81.8% S&P 500
85.6% Share Price Index 200
75.8% Silver
76.5% Singapore Straits Times
80.3% Soybean Meal
78.0% Soybean Oil
79.5% Soybeans
72.7% Sugar #11
78.8% Swiss Franc
81.8% U.S. Dollar IDX
78.8% U.S. Treasury Bonds
78.0% Wheat

The average percent accuracy for the Neural Index was 79.3%, with a low of 72.0% for Live Cattle, to a high of 85.6% for ASX All Ordinaries, Lean Hogs, Share Price Index 200.

Forex

Out-of-sample data from 4/26/2012 to 10/26/2012 were used to test the accuracy of each market's Neural Index predictions.

80.3% Australian Dollar / Canadian Dollar
80.3% Australian Dollar / Japanese Yen
77.3% Australian Dollar / New Zealand Dollar
78.0% Australian Dollar / U.S. Dollar
78.8% British Pound / Australian Dollar
76.5% British Pound / Canadian Dollar
80.3% British Pound / Japanese Yen
81.8% British Pound / Swiss Franc
78.0% British Pound / U.S. Dollar
76.5% Canadian Dollar / Japanese Yen
76.5% Euro / Australian Dollar
81.8% Euro / British Pound
78.8% Euro / Canadian Dollar
85.6% Euro / Japanese Yen
73.5% Euro / Swiss Franc
82.6% Euro / U.S. Dollar
81.1% New Zealand Dollar / U.S. Dollar
79.5% South African Rand / U.S. Dollar
85.6% Swiss Franc / Japanese Yen
78.8% U.S. Dollar / Brazilian Real
74.2% U.S. Dollar / Canadian Dollar
74.2% U.S. Dollar / Indian Rupee
78.8% U.S. Dollar / Israeli Shekel
78.8% U.S. Dollar / Japanese Yen
79.5% U.S. Dollar / Mexican Peso
81.8% U.S. Dollar / Swiss Franc

The average percent accuracy for the Neural Index was 79.2%, with a low of 73.5% for Euro / Swiss Franc, to a high of 85.6% for Euro / Japanese Yen, Swiss Franc / Japanese Yen.

ETFs

Out-of-sample data from 4/26/2012 to 10/26/2012 were used to test the accuracy of each market's Neural Index predictions.

81.1% Canadian Fundamental Index Fund
82.6% Claymore S&P/TSX Canadian Dividend
75.8% Consumer Discretionary SPDR
79.5% Consumer Staples Select SPDR
76.5% CurrencyShares Australian Dollar Trust
80.3% CurrencyShares British Pound Sterling Trust
78.8% CurrencyShares Canadian Dollar Trust
77.3% CurrencyShares Euro Trust
78.0% CurrencyShares Japanese Yen Trust
82.6% CurrencyShares Swedish Krona Trust
77.3% CurrencyShares Swiss Franc Trust
78.8% Diamonds
74.2% DJ Wilshire REIT
77.3% Energy Sector SPDR
82.6% Financial Sector SPDR
74.2% Health Care SPDR
78.0% Horizons BetaPro S&P/TSX 60 Bear
81.8% Horizons BetaPro S&P/TSX 60 Bull
75.8% Horizons BetaPro S&P/TSX Capped Energy
77.3% Horizons BetaPro S&P/TSX Capped Energy Bear Plus
81.1% Horizons BetaPro S&P/TSX Capped Financials Bear Plus
79.5% Horizons BetaPro S&P/TSX Capped Financials Bull Plus
79.5% Horizons BetaPro S&P/TSX Global Gold Bull Plus
84.8% Industrial SPDR
81.8% iPath DJ-UBS Commodity IDX Total Return ETN
73.5% iPath S&P GSCI Crude Oil Total Return IDX ETN
78.0% iPath S&P GSCI Total Return IDX ETN
74.2% iShares Barclays 1-3Yr T-Bond
77.3% iShares Barclays 20+ T-Bond
75.0% iShares Barclays AGG Bond
80.3% iShares BRIC Index Fund
82.6% iShares Capped Comp Index Fund
76.5% iShares COMEX Gold Trust
78.0% iShares CS Realty Majors
75.8% iShares DEX All Corp Bond Index Fund
76.5% iShares DEX Real Return Bond Index Fund
75.8% iShares DEX Short Term Bond Index
76.5% iShares DEX Universe Bond Index
75.8% iShares DJ Real Estate IDX
81.1% iShares DJ Select Dividend
80.3% iShares DJ TRANS AVG
80.3% iShares DJ US Consumer Gds
77.3% iShares DOW Canada Select Dividend Index Fund
75.0% iShares Euro Stoxx 50
75.8% iShares FTSE 100
77.3% iShares FTSE 250
74.2% iShares FTSE EPRA/NAREIT Developed Markets
78.8% iShares FTSE/Xinhua China 25 IDX
78.0% iShares Markit iBoxx GBP Corporate Bond
76.5% iShares MSCI AC Far East ex-Japan
75.8% iShares MSCI Australia IDX
79.5% iShares MSCI Austria IDX
77.3% iShares MSCI Brazil IDX
78.0% iShares MSCI EAFE IDX
77.3% iShares MSCI EAFE Index CAD Hedge
80.3% iShares MSCI Emerg Mkts IDX
76.5% iShares MSCI Emerging Market
74.2% iShares MSCI EMU IDX
78.8% iShares MSCI Europe ex-UK
75.0% iShares MSCI Germany IDX
72.7% iShares MSCI Hong Kong IDX
75.0% iShares MSCI Japan GBP
77.3% iShares MSCI Japan IDX
74.2% iShares MSCI Malaysia
78.0% iShares MSCI Mexico IDX
78.0% iShares MSCI South Korea IDX
78.0% iShares MSCI Switzerland IDX
74.2% iShares MSCI Taiwan IDX
76.5% iShares MSCI United Kingdom IDX
73.5% iShares MSCI World
81.1% iShares NASDAQ Biotechnology IDX
81.1% iShares Russell 1000 Growth IDX
83.3% iShares Russell 1000 Value IDX
78.0% iShares Russell 2000 IDX
78.0% iShares Russell 2000 Value IDX
81.8% iShares S&P 100 IDX
74.2% iShares S&P 500
83.3% iShares S&P 500 Index CAD Hedge
81.1% iShares S&P 500 Value IDX
75.8% iShares S&P Europe 350 IDX
75.8% iShares S&P Global Energy Sector IDX
79.5% iShares S&P GSCI Commodity-Indexed Trust
76.5% iShares S&P Latin America 40 IDX
78.0% iShares S&P SmallCap 600 IDX
81.8% iShares S&P/TSX 60 Index Fund
80.3% iShares S&P/TSX Capped Energy Index
82.6% iShares S&P/TSX Capped Financial Index
79.5% iShares S&P/TSX Capped Info Technology Index Fund
73.5% iShares S&P/TSX Capped Materials Index Fund
82.6% iShares S&P/TSX Capped REIT Index
75.8% iShares S&P/TSX Global Gold Index Fund
75.0% iShares S&P/TSX Income Trust Fund Index
72.7% iShares Silver Trust
78.8% Market Vectors Bank and Brokerage ETF
75.0% Market Vectors Gold Miners
74.2% Market Vectors Oil Services ETF
77.3% Market Vectors Pharmaceutical ETF
78.0% Market Vectors Retail ETF
77.3% Market Vectors Semiconductor ETF
78.8% Market Vectors Steel Index Fund
78.0% Materials SPDR
76.5% Midcap SPDR Trust
81.1% PowerShares DB Agriculture Fund
77.3% PowerShares DB Base Metals
75.8% PowerShares DB Commodity IDX Tracking Fund
87.9% PowerShares DB Energy Fund
78.8% PowerShares DB G10 Currency Harvest Fund
76.5% PowerShares DB Gold Fund
73.5% PowerShares DB Oil Fund
79.5% PowerShares DB Precious Metals Fund
74.2% PowerShares DB Silver Fund
75.0% PowerShares DB US Dollar IDN Bullish Fund
78.8% PowerShares DB US Dollar IDX Bearish Fund
80.3% PowerShares Dyn Bldg & Const.
74.2% PowerShares Gld Drg Haltr USX China
78.8% PowerShares QQQ
81.8% PowerShares Wilderhill Clean Energy
78.0% ProShares Short Dow 30
75.8% ProShares Short MidCap 400
75.8% ProShares Short QQQ
75.8% ProShares Short Russell 2000
79.5% ProShares Short S&P 500
74.2% ProShares Short Small Cap 600
75.0% ProShares UltraShort Consumer Goods
77.3% ProShares UltraShort Dow 30
74.2% ProShares UltraShort MidCap 400
75.8% ProShares UltraShort Oil & Gas
73.5% ProShares UltraShort QQQ
74.2% ProShares UltraShort Russell 1000 Growth
77.3% ProShares UltraShort Russell 2000
75.0% ProShares UltraShort Russell 2000 Growth
77.3% ProShares UltraShort Russell 2000 Value
75.8% ProShares UltraShort S&P 500
74.2% ProShares UltraShort Semiconductors
79.5% ProShares UltraShort SmallCap 600
78.8% ProShares UltraShort Technology
81.1% SPDRs
79.5% Streettracks Gold Trust
83.3% Technology SPDR
80.3% United States Natural Gas Fund
77.3% United States Oil
82.6% Utilities SPDR
77.3% Vanguard Emerging Markets
75.0% Vanguard Materials
75.0% Vanguard REIT

The average percent accuracy for the Neural Index was 77.8%, with a low of 72.7% for iShares MSCI Hong Kong IDX, iShares Silver Trust, to a high of 87.9% for PowerShares DB Energy Fund.

US Stocks

Out-of-sample data from 4/26/2012 to 10/26/2012 were used to test the accuracy of each market's Neural Index predictions.

78.0% 3M
81.8% A. Schulman
80.3% ABB Ltd
81.1% Abbott
79.5% ACE
72.7% Activision
78.8% Adobe
75.0% AES
76.5% Aflac
75.8% Agco
76.5% Agrium
74.2% AK Steel Holding
77.3% Akamai
76.5% Albemarle
78.8% Alcoa Inc.
82.6% Allegheny Technologies
84.1% Alliance One Intl
78.8% Allscripts Healthcare Solutions
82.6% Allstate
74.2% Altria Group
74.2% Aluminum Corp. of China
75.0% Amazon.com
74.2% AMD
78.8% Ameren
78.8% America Movil
82.6% American Axle & Manufacturing
79.5% American Electric Power
74.2% American Express
76.5% American States Water
77.3% AmerisourceBergen
79.5% Amgen
79.5% AMR
75.0% Anadarko Petroleum
81.8% Aon
84.1% Apache
83.3% Apple
84.8% Applied Materials
75.0% Aqua America
75.0% Arcelor Mittal
78.8% Arch Coal
78.8% Archer-Daniels Midland
75.0% AsiaInfo Holdings
79.5% AstraZeneca
82.6% AT&T
75.8% Automatic Data Processing
84.1% AutoNation
74.2% Avon
75.8% Baidu.com
75.8% Bank of America
76.5% Bank of New York
75.0% Barclays
72.0% Barrick Gold
79.5% BE Aerospace
81.1% Beacon Roofing Supply
79.5% Beam
78.0% Bebe Stores
77.3% Best Buy
81.1% BHP Billiton
78.0% Biogen Idec
76.5% BlackBerry
80.3% Boeing
77.3% Boston Properties
78.0% BP
79.5% Briggs & Stratton
81.1% Bristol-Myers Squibb
73.5% Broadcom
77.3% Brown Shoe Company
84.8% Bunge
80.3% Cablevision Systems
82.6% Cadence
86.4% Cameco
77.3% Campbell Soup
78.8% Canadian National Railway
76.5% Canadian Solar
79.5% Capital One
75.0% CapitalSource
82.6% Cardinal Health
74.2% CarMax
81.8% Caterpillar
81.8% Celgene
82.6% Cemex
78.0% CenterPoint Energy
81.1% Century Aluminum
82.6% Cepheid
75.8% CH Robinson Worldwide
77.3% Check Point Software Technologies
78.8% Cheesecake Factory
78.0% Chesapeake Energy
77.3% Chevron
79.5% Chicago Mercantile Exchange
76.5% Chico's
75.8% China Life Insurance
75.8% China Mobile
77.3% Chipotle Mexican Grill
78.8% Chubb
74.2% Cintas
75.8% Cisco
77.3% Citigroup
79.5% CNH Global NV
78.0% Coach
78.8% Coca-Cola
78.0% Coeur d'Alene Mines
78.0% Colgate-Palmolive
78.8% Comcast
78.8% Commercial Metals
78.8% Companhia de Saneamento Basico de Sao Paulo
76.5% Companhia Energetica de Minas Gerais
79.5% Compass Minerals
80.3% ConAgra Foods
78.0% ConocoPhillips
81.8% CONSOL Energy
81.1% Consolidated Edison
78.8% Constellation Brands
77.3% Corning
80.3% Costco Wholesale
78.0% Cree Research
80.3% Crown Holdings
81.1% CSX
76.5% CVS/Caremark
79.5% D.R. Horton
74.2% Danaher
74.2% Darden Restaurants
76.5% Deckers Outdoor
78.8% Devon Energy
74.2% Diana Shipping
82.6% Diebold
78.8% Dominion Resources
78.0% Dover
81.1% Dow Chemical
80.3% Duke Energy
81.1% DuPont
80.3% Eagle Materials
79.5% EarthLink
80.3% Eastman Chemical
84.8% Eaton
77.3% eBay
87.1% Edison Intl
78.8% Eli Lilly
75.8% EMC
80.3% Emerson
75.0% EnCana
78.8% Encore Wire
77.3% Enersis
73.5% Ensco Intl
77.3% Entergy
77.3% EQT
78.8% Equity Residential
78.8% Estee Lauder
81.8% Exelon
78.0% Expeditors
79.5% Exxon Mobil
75.8% EZCORP
78.8% F5 Networks
80.3% Fastenal
73.5% Federal Signal
75.0% Federated Investors
77.3% FedEx
75.8% Fidelity National Information Services
77.3% Fifth & Pacific Companies
74.2% First Solar, Inc
79.5% FirstEnergy
86.4% Ford Motor
80.3% Freeport-McMoRan Copper & Gold
81.8% Frontline
84.1% GameStop
80.3% Gannett
81.1% Gap
80.3% General Dynamics
79.5% General Electric
78.8% General Mills
78.0% Genworth Financial
78.8% Gerdau Ameristeel
75.0% Gilead Sciences
73.5% Goldcorp
75.8% Golden Star Resources
84.8% Goldman Sachs
73.5% Google
81.8% H&R Block
81.8% Halliburton
81.1% Harley-Davidson
82.6% Harris
80.3% Hartford Financial
80.3% Hasbro
76.5% Headwaters
74.2% Hecla Mining
82.6% Hershey
76.5% Hexcel
76.5% Hillshire Brands Company
80.3% HJ Heinz
80.3% Home Depot
77.3% Honeywell Intl
77.3% Hornbeck Offshore Services
73.5% Hot Topic
79.5% HP
75.0% Humana
74.2% Huntsman
76.5% IBM
74.2% ICICI Bank Ltd
81.1% Iconix Brand Group
78.8% Ingersoll-Rand
83.3% Ingram Micro
80.3% Intel
73.5% International Paper
83.3% Interpublic Group
78.8% Intuit
80.3% Intuitive Surgical
74.2% ITT
75.0% J.B. Hunt Transport Services
79.5% J.C. Penney
81.8% Jabil
79.5% JDSU
77.3% JetBlue Airways
75.0% John Deere
78.0% Johnson & Johnson
75.8% Johnson Controls
81.8% Jones Apparel Group
75.0% Joy Global
81.1% JPMorgan Chase
76.5% Kansas City Southern
75.8% Kellogg
80.3% Kimberly-Clark
77.3% Kimco Realty
79.5% Knight Transportation
80.3% Korea Electric Power
78.0% Kroger
81.1% Landec
78.0% Landstar System
83.3% Lennar
78.8% Leucadia National
82.6% Level 3 Communications
80.3% Lexmark
75.0% Limited Brands
74.2% Lincoln National
81.1% Lockheed Martin
78.0% Loews
75.8% Louisiana-Pacific
77.3% Lowe's
75.8% LSI
80.3% lululemon athletica
82.6% Magna Intl
75.8% Manitowoc
78.8% Marathon Oil
78.0% Marriott
81.1% Martin Marietta Materials
75.8% Marvell
84.1% Mastercard
79.5% Mattel
81.1% McDonald's
81.1% McGraw-Hill
83.3% McKesson
77.3% MeadWestvaco
78.0% Medifast
81.1% Merck
76.5% Methanex
77.3% MetLife
76.5% Micron Technology
75.8% Microsoft
79.5% Mitsubishi UFJ
75.8% MMC
73.5% Mobile Telesystems OJSC
78.0% Molson Coors Brewing
75.8% Mondelez International
74.2% Monsanto
84.1% Morgan Stanley
75.0% Mosaic
74.2% Motorola Solutions
80.3% Nabors Industries
79.5% Netflix
78.8% Network Appliance
78.8% New York Times Company
74.2% Newmont Mining
80.3% News Corp.
79.5% Nike
82.6% NiSource
77.3% Nissan Motor
81.8% Nokia
80.3% Norfolk Southern
77.3% Northrop Grumman
76.5% Novartis
76.5% Nuance
79.5% Nucor
80.3% NutriSystem
79.5% NVIDIA
77.3% Olin
75.0% ON Semiconductor
83.3% Oracle
78.8% Orbital Sciences
75.0% Owens-Illinois
80.3% Oxy
76.5% Pan American Silver
82.6% Patterson-UTI Energy
80.3% Peabody Energy
74.2% PepsiCo
79.5% Petrobras Energia
78.8% PetroChina
75.8% Petroleo Brasileiro
78.0% Pfizer
79.5% Pitney Bowes
86.4% Plains All American Pipeline
72.7% PMC-Sierra
75.8% PNC
78.0% POOLCORP
80.3% PotashCorp
78.8% PPG Industries
81.8% PPL
77.3% Praxair
81.1% Precision Castparts
77.3% Priceline.com
75.8% Procter & Gamble
80.3% Progressive
75.8% Prudential Financial
78.8% Public Service Enterprise Group
77.3% Pulte Homes
75.8% QUALCOMM
78.0% Quanta Services
76.5% Quiksilver
76.5% RadioShack
72.7% Rambus, Inc
81.8% Rayonier
81.8% Raytheon
78.0% Red Hat
75.0% Reliance Steel & Aluminum
84.1% Revlon
81.1% Reynolds American
77.3% RFMD
77.3% Riverbed
75.8% Rockwell Collins
78.0% Royal Bank of Canada
82.6% RR Donnelley & Sons
78.8% Ryanair Holdings
77.3% Safeway
78.8% SanDisk
75.0% Santander
75.0% Schlumberger
75.8% Sealed Air
80.3% Sears Holdings
78.8% Sempra Energy
75.0% Service Corporation Intl
73.5% Sherwin-Williams
73.5% Siemens
78.0% SIGA Technologies
73.5% Sigma Designs
81.1% Silver Standard Resources
80.3% Silver Wheaton
78.0% Simon Property Group
78.0% Sirius XM Radio
78.8% Skechers U.S.A.
79.5% SLM
78.8% Southern Company
75.0% Southwest Airlines
75.0% Spartan Motors
78.0% Spartech
80.3% Spectrum Pharmaceuticals
74.2% Sprint Nextel
77.3% Starbucks
74.2% Statoil ASA
75.8% Steel Dynamics
76.5% SunOpta
75.0% SUPERVALU
83.3% Symantec
78.0% Sysco
74.2% Taiwan Semiconductor Manufacturing
76.5% Target
75.0% TASER
74.2% Tata Motors Ltd
75.8% Teledyne Technologies
81.8% Televisa
74.2% Tellabs
76.5% Tenaris
79.5% Terex
80.3% Teva Pharmaceutical Industries
76.5% Texas Instruments
75.8% Textron
77.3% The Andersons
75.8% The Travelers
79.5% Thermo Electron
75.0% Tibco Software
80.3% Time Warner
78.0% TiVo
74.2% TJX Companies
78.0% TOTAL
72.7% Toyota Motor
74.2% Transocean
82.6% Tyco
79.5% Tyson Foods
75.0% U.S. Steel
76.5% UBS AG
79.5% Union Pacific
78.8% United Healthcare
75.8% United Parcel Service
81.1% United Technologies
82.6% Unum Group
78.0% Urban Outfitters
79.5% USEC
83.3% USG
79.5% UTi Worldwide
78.0% UTStarcom
76.5% Vale S.A.
75.8% Valero Energy
75.8% ValueClick
79.5% Verizon
77.3% Vertex Pharmaceuticals
77.3% Vodafone
80.3% Vornado Realty Trust
81.8% Vulcan Materials
79.5% W.R. Berkley
78.0% Walgreen
81.1% Wal-Mart Stores
84.1% Walt Disney
76.5% Weatherford Intl
79.5% WellPoint
74.2% Wells Fargo
76.5% Werner Enterprises
81.1% West Pharmaceutical Services
83.3% Weyerhaeuser
80.3% Whole Foods Market
84.1% Williams Companies
80.3% Willis
81.8% Wolverine World Wide
75.8% Xerox
78.0% Yahoo!
78.8% Yamana Gold
72.0% Yum! Brands
79.5% Zoltek Companies

The average percent accuracy for the Neural Index was 78.3%, with a low of 72.0% for Barrick Gold, Yum! Brands , to a high of 87.1% for Edison Intl.

India Stocks

Out-of-sample data from 4/26/2012 to 10/26/2012 were used to test the accuracy of each market's Neural Index predictions.

79.5% 3I Infotech Ltd
75.0% 3M India Ltd
79.5% Aarti Drugs Ltd
75.0% Aarti Industries Ltd
72.0% Aban Offshore Ltd
76.5% ACC Ltd
84.1% Accelya Kale Solutions
84.8% Adani Enterprises Ltd
80.3% Aditya Birla Nuvo Ltd
75.8% Ador Welding Ltd
77.3% Aegis Logistics Ltd
78.8% Aftek Ltd
72.0% Agro Dutch Industries Ltd
72.0% Agro Tech Foods Ltd
81.1% Ahmednagar Forgings Ltd
77.3% Ajanta Pharma Ltd
72.7% Alembic Ltd
78.0% Allahabad Bank
75.8% Allsec Technologies Ltd
81.8% Alok Industries Ltd
70.5% Alps Industries Ltd
81.8% Alstom India Ltd
81.1% Amara Raja Batteries Ltd
77.3% Ambuja Cements Ltd
79.5% Amtek Auto Ltd
81.8% Andhra Bank
72.7% Ansal Housing And Construction Ltd
76.5% Apar Industries Ltd
80.3% Apcotex Industries Ltd
78.0% Apollo Hospitals Enterprise Ltd
78.0% Apollo Tyres Ltd
79.5% Aptech Ltd
77.3% Archies Ltd
84.8% Ashima Ltd
79.5% Ashok Leyland Ltd
77.3% Asian Paints Ltd
75.0% Assam Company India Ltd
75.8% Astra Microwave Products Ltd
75.8% Atlas Cycles (Haryana) Ltd
76.5% Atul Ltd
77.3% Aurobindo Pharma Ltd
76.5% Automotive Axles Ltd
75.8% Automotive Stampings And Assemblies Ltd
78.0% Axis Bank
73.5% B.A.G. Films & Media Ltd
81.1% Bajaj Hindusthan Ltd
75.0% Balaji Telefilms Ltd
77.3% Balkrishna Industries Ltd
78.8% Balmer Lawrie & Co. Ltd
70.5% Balrampur Chini Mills Ltd
75.8% Banco Products (i) Ltd
71.2% BANK NIFTY
78.0% Bank Of Baroda
80.3% Bank Of India
80.3% Bank Of Maharashtra
76.5% Bannari Amman Sugars Ltd
79.5% BASF India Ltd
77.3% Bata India Ltd
78.0% BEML Ltd
74.2% Berger Paints (i) Ltd
72.0% Bhagyanagar India Ltd
72.0% Bharat Bijlee Ltd
76.5% Bharat Electronics Ltd
79.5% Bharat Forge Co. Ltd
81.1% Bharat Gears Ltd
81.1% Bharat Heavy Electricals Ltd
75.8% Bharat Petroleum Corporation Ltd
76.5% Bharati Shipyard Ltd
76.5% Bharti Airtel Ltd
78.0% Bhartiya International Ltd
77.3% Binani Industries Ltd
74.2% Biocon Ltd
72.0% Birla Ericsson Optical Ltd
77.3% BLB Ltd
70.5% Blue Star Infotech Ltd
78.0% Blue Star Ltd
75.0% Bombay Burmah Trading Corporation Ltd
82.6% Bombay Dyeing & Mfg Co. Ltd
75.8% BPL Ltd
77.3% Britannia Industries Ltd
75.8% BSE Sensex
75.8% BSEL Infrastructure Realty Ltd
73.5% BSL Ltd
76.5% Cadila Healthcare Ltd
80.3% Cairn India
80.3% Can Fin Homes Ltd
78.0% Canara Bank
83.3% Carborundum Universal Ltd
78.0% CCL Products (India) Ltd
75.0% Century Enka Ltd
71.2% Century Extrusions Ltd
81.1% Century Textiles & Industries Ltd
77.3% CESC Ltd
77.3% Chambal Fertilizers & Chemicals Ltd
82.6% Chennai Petroleum Corporation Ltd
76.5% Cinevistaas Ltd
80.3% Cipla Ltd
83.3% City Union Bank Ltd
78.0% Clariant Chemicals (India) Ltd
80.3% Classic Diamonds (India) Ltd
72.7% CNX 100
81.8% CNX IT
84.1% CNX MIDCAP
80.3% CNX NIFTY JUNIOR
70.5% Consolidated Finvest & Holdings Ltd
75.8% Container Corporation Of India Ltd
84.1% Corporation Bank
83.3% Cosmo Films Ltd
73.5% Creative Eye Ltd
78.0% Crest Animation Studios Ltd
78.8% Crew B.O.S. Products Ltd
81.8% Crompton Greaves Ltd
76.5% Cummins India Ltd
72.7% D. S. Kulkarni Developers Ltd
72.0% Dabur India Ltd
81.8% DCM Ltd
78.8% DCM Shriram Consolidated Ltd
84.1% DCW Ltd
81.1% Dena Bank
77.3% Dhampur Sugar Mills Ltd
77.3% Dishman Pharmaceuticals And Chemicals Ltd
78.0% Divi's Laboratories Ltd
72.7% DLF Ltd
79.5% Dr. Reddy's Laboratories Ltd
81.8% Dredging Corporation Of India Ltd
75.0% Duncans Industries Ltd
82.6% Dwarikesh Sugar Industries Ltd
81.8% E.I.D. Parry (India) Ltd
71.2% Eastern Silk Industries Ltd
78.0% Educomp Solutions Ltd
75.8% Eicher Motors Ltd
79.5% EIH Ltd
74.2% Elder Pharmaceuticals Ltd
72.7% Elecon Engineering Co Ltd
72.0% Electrosteel Castings Ltd
72.0% ELGI Equipments Ltd
81.8% EMCO Ltd
82.6% Engineers India Ltd
75.8% Esab India Ltd
75.8% Escorts Ltd
81.8% Ess Dee Aluminium Ltd
72.0% Essar Oil Ltd
74.2% Essel Propack Ltd
73.5% Eveready Industries India Ltd
75.8% Excel Crop Care Ltd
73.5% Exide Industries Ltd
76.5% Fedders Lloyd Corporation Ltd
75.8% Federal-Mogul Goetze (India) Ltd
77.3% Finolex Cables Ltd
82.6% Finolex Industries Ltd
72.0% Four Soft Ltd
80.3% Gabriel India Ltd
78.8% GAIL (India) Ltd
81.1% Gammon India Ltd
72.0% Gangotri Textiles Ltd
78.0% Garden Silk Mills Ltd
75.8% Garware-Wall Ropes Ltd
78.8% Gateway Distriparks Ltd
73.5% Geometric Ltd
78.0% GIC Housing Finance Ltd
76.5% Gillette India Ltd
70.5% Ginni Filaments Ltd
77.3% GlaxoSmithKline Consumer Healthcare Ltd
76.5% GlaxoSmithKline Pharmaceuticals Ltd
76.5% Glenmark Pharmaceuticals Ltd
74.2% GM Breweries Ltd
81.8% Godfrey Phillips India Ltd
80.3% Godrej Consumer Products Ltd
84.1% Godrej Industries Ltd
72.0% Gokaldas Exports Ltd
77.3% Graphite India Ltd
81.1% Grasim Industries Ltd
76.5% Greaves Cotton Ltd
75.0% Greenply Industries Ltd
70.5% Grindwell Norton Ltd
84.8% Gruh Finance Ltd
80.3% Gufic Biosciences Ltd
73.5% Gujarat Alkalies And Chemicals Ltd
80.3% Gujarat Ambuja Exports Ltd
81.8% Gujarat Fluorochemicals Ltd
79.5% Gujarat Gas Co. Ltd
74.2% Gujarat Industries Power Co. Ltd
77.3% Gujarat Mineral Development Corporation Ltd
77.3% Gujarat Narmada Valley Fertilizer Co. Ltd
85.6% Gujarat NRE Coke Ltd
78.0% Gujarat Sidhee Cements Ltd
79.5% Gujarat State Fertilizers & Chemicals Ltd
75.8% Harrisons Malayalam Ltd
72.7% Havells India Ltd
78.0% HB Stockholdings Ltd
76.5% HCL Infosystems Ltd
76.5% HCL Technologies Ltd
76.5% HDFC Bank Ltd
71.2% HEG Ltd
78.0% Helios And Matheson Information Technology Ltd
76.5% Heritage Foods (India) Ltd
72.0% Hikal Ltd
83.3% HIL Limited
79.5% Himadri Chemicals And Industries Ltd
76.5% Himatsingka Seide Ltd
79.5% Hindalco
77.3% Hindustan Construction Co. Ltd
75.8% Hindustan Petroleum Corporation Ltd
79.5% Hindustan Unilever Ltd
83.3% Hitachi Home And Life Solutions (India) Ltd
74.2% Hi-tech Gears Ltd
82.6% HMT Ltd
75.8% Honda Siel Power Products Ltd
85.6% Honeywell Automation India Ltd
78.0% Hotel Leela Venture Ltd
73.5% Housing Development Finance Corporation Ltd
75.8% ICICI Bank Ltd NSE
77.3% IDBI Bank Ltd
75.8% Idea Cellular Ltd
79.5% IFB Industries Ltd
78.0% IFCI Ltd
78.0% IFGL Refractories Ltd
73.5% IG Petrochemicals Ltd
84.1% Igarashi Motors India Ltd
76.5% IMP Power Ltd
78.0% Indiabulls Financial Services Ltd
75.8% Indiabulls Real Estate
75.8% Indian Bank
75.8% Indian Hume Pipe Co. Ltd
76.5% Indian Oil Corporation Ltd
81.8% Indian Overseas Bank
78.8% Indo Rama Synthetics (India) Ltd
78.0% Indoco Remedies Ltd
76.5% Indraprastha Gas Ltd
82.6% Ind-Swift Laboratories Ltd
79.5% Ind-Swift Ltd
72.0% IndusInd Bank Ltd
77.3% Infotech Enterprises Ltd
75.8% Infrastructure Development Finance Co.
71.2% ING Vysya Bank Ltd
79.5% Ingersoll-Rand (India) Ltd
80.3% Ipca Laboratories Ltd
81.1% ITC Ltd
75.8% ITD Cementation India Ltd
78.0% Jain Irrigation Systems Ltd
72.0% Jain Studios Ltd
81.8% Jaiprakash Associates Ltd
81.1% Jay Shree Tea & Industries Ltd
78.0% Jayant Agro-Organics Ltd
83.3% JB Chemicals & Pharmaceuticals Ltd
75.8% JBF Industries Ltd
76.5% Jenson & Nicholson (India) Ltd
87.9% Jet Airways (India) Ltd
72.0% Jindal Drilling And Industries Ltd
78.0% Jindal Photo Ltd
75.8% Jindal Poly Films Ltd
77.3% Jindal Steel & Power Ltd
72.0% JK Paper Ltd
79.5% JK Tyre & Industries Ltd
79.5% JSW Steel Ltd
81.8% Jubilant Organosys Ltd
79.5% Jyoti Structures Ltd
72.0% Kabra Extrusiontechnik Ltd
81.8% Kajaria Ceramics Ltd
78.0% Kakatiya Cement Sugar & Industries Ltd
84.1% Kalpataru Power Transmission Ltd
73.5% Kamat Hotels (India) Ltd
71.2% Kanoria Chemicals & Industries Ltd
75.8% Karur Vysya Bank Ltd
79.5% KCP Ltd
72.7% Kesoram Industries Ltd
73.5% Khaitan Electricals Ltd
73.5% Kinetic Motor Company Ltd
78.8% KLG Systel Ltd
81.8% Kohinoor Foods Ltd
84.8% Kopran Ltd
75.8% Kotak Mahindra Bank Ltd
72.7% Kothari Products Ltd
70.5% Kothari Sugars And Chemicals Ltd
81.8% KPIT Cummins Infosystems Ltd
70.5% KSB Pumps Ltd
78.0% Lakshmi Machine Works Ltd
71.2% Lakshmi Precision Screws Ltd
75.0% Lakshmi Vilas Bank Ltd
79.5% Lanco Infratech
78.0% Larsen & Toubro Ltd
83.3% Liberty Shoes Ltd
78.8% LIC Housing Finance Ltd
78.0% Lloyd Electric & Engineering Ltd
71.2% Lloyds Finance Ltd
71.2% Lloyds Steel Industries Ltd
77.3% LML Ltd
70.5% Lumax Automotive Systems Ltd
72.7% Lumax Industries Ltd
79.5% Lyka Labs Ltd
75.8% Madras Cements Ltd
75.8% Mahanagar Telephone Nigam Ltd
76.5% Maharashtra Seamless Ltd
73.5% Mahindra & Mahindra Ltd
70.5% Malwa Cotton Spinning Mills Ltd
76.5% Manali Petrochemical Ltd
79.5% Mangalam Cement Ltd
78.8% Mangalam Drugs And Organics Ltd
77.3% Mangalam Timber Products Ltd
74.2% Mangalore Refinery And Petrochemicals Ltd
72.7% Manugraph India Ltd
72.7% Maral Overseas Ltd
75.0% Marico Ltd
78.0% Maruti Suzuki India Ltd
78.8% Mastek Ltd
78.0% Max India Ltd
74.2% McLeod Russel India Ltd
79.5% Melstar Information Technologies Ltd
79.5% Mirc Electronics Ltd
76.5% Mirza International Ltd
72.7% MM Forgings Ltd
74.2% Monnet Ispat Ltd
80.3% Monsanto India Ltd
74.2% Morepen Laboratories Ltd
75.8% Moser Baer (India) Ltd
77.3% Motherson Sumi Systems Ltd
81.1% MphasiS Ltd
70.5% MRF Ltd
71.2% MRO-TEK Ltd
74.2% Mukand Engineers Ltd
73.5% Mukta Arts Ltd
72.7% Munjal Auto Industries Ltd
75.8% Munjal Showa Ltd
78.8% Nahar Industrial Enterprises Ltd
78.8% Nahar Spinning Mills Ltd
81.8% Natco Pharma Ltd
79.5% National Aluminium Company Ltd
78.0% National Steel And Agro Industries Ltd
79.5% Nava Bharat Ventures Ltd
78.8% Navneet Publications (India) Ltd
77.3% Nelco Ltd
72.7% NEPC India Ltd
76.5% New Delhi Television Ltd
78.0% Neyveli Lignite Corporation Ltd
78.8% NIFTY MIDCAP 50
75.0% NIIT Ltd
78.8% NIIT Technologies Ltd
79.5% Nilkamal Ltd
71.2% Nocil Ltd
76.5% Noida Toll Bridge Co. Ltd
71.2% Novopan Industries Ltd
76.5% NRB Bearing Ltd
70.5% NRC Ltd
75.0% NTPC Ltd
81.8% Nucleus Software Exports Ltd
80.3% OCL India Ltd
71.2% Oil & Natural Gas Corporation Ltd
75.8% Oil Country Tubular Ltd
75.0% Omax Autos Ltd
73.5% Onward Technologies Ltd
75.0% Opto Circuits (India) Ltd
78.8% Orchid Chemicals & Pharmaceuticals Ltd
70.5% Orient Paper & Industries Ltd
77.3% Oriental Bank Of Commerce
72.0% Oriental Hotels Ltd
73.5% Oswal Chemicals & Fertilizers Ltd
70.5% Pae Ltd
78.8% Panacea Biotec Ltd
81.1% Pantaloon Retail (India) Ltd
79.5% Patel Engineering Ltd
70.5% Patspin India Ltd
78.0% Pearl Polymers Ltd
76.5% Peninsula Land Ltd
72.7% Petronet LNG Ltd
77.3% Pfizer Ltd
79.5% Phillips Carbon Black Ltd
76.5% Pidilite Industries Ltd
78.0% PNB Gilts Ltd
76.5% Polaris Software Lab Ltd
75.8% Polyplex Corporation Ltd
77.3% Ponni Sugars (Erode) Ltd
79.5% Power Finance Corporation Ltd
72.0% Power Grid Corporation of India
81.8% Praj Industries Ltd
75.8% Prakash Industries Ltd
72.7% Premier Ltd
75.0% Pricol Ltd
70.5% Prime Securities Ltd
74.2% Prism Cement Ltd
72.7% PSL Ltd
80.3% PTC India Ltd
70.5% Pudumjee Pulp & Paper Mills Ltd
81.8% Punj Lloyd
84.1% Punjab Chemicals & Crop Protection Ltd
81.8% Punjab National Bank
70.5% Quintegra Solutions Ltd
71.2% Radaan Mediaworks India Ltd
80.3% Rajesh Exports Ltd
77.3% Rajshree Sugars & Chemicals Ltd
74.2% Rallis India Ltd
82.6% Rama Newsprint And Papers Ltd
76.5% Ramco Industries Ltd
81.1% Rana Sugars Ltd
79.5% Ranbaxy Laboratories Ltd
76.5% Rashtriya Chemicals And Fertilizers Ltd
82.6% Raymond Ltd
81.1% Reliance Capital Ltd
81.8% Reliance Communications Ltd
75.8% Reliance Industrial Infrastructure Ltd
75.0% Reliance Industries Ltd
82.6% Rico Auto Industries Ltd
77.3% Rolta India Ltd
81.8% RSWM Ltd
70.5% Ruchi Soya Industries Ltd
81.1% S&P CNX 500
70.5% S&P CNX DEFTY
74.2% S&P CNX NIFTY
73.5% S. Kumars Nationwide Ltd
72.0% S.A.L. Steel Ltd
75.0% Sagar Cements Ltd
81.8% Sah Petroleums Ltd
81.8% Sakthi Sugars Ltd
75.0% Salora International Ltd
81.8% Samtel Color Ltd
71.2% Sangam (India) Ltd
72.0% Sanghi Industries Ltd
73.5% Sanofi India Ltd
80.3% Saregama India Ltd
82.6% Sathavahana Ispat Ltd
83.3% Satyam Computer Services Ltd
77.3% Sesa Goa Ltd
70.5% Seshasayee Paper And Boards Ltd
77.3% Shanthi Gears Ltd
71.2% Sharyans Resources Ltd
76.5% Shiva Texyarn Ltd
81.8% Shopper's Stop Ltd
72.0% Shree Rama Multi-Tech Ltd
71.2% Shrenuj & Co Ltd
84.1% Shreyas Shipping & Logistics Ltd
74.2% Shriram Transport Finance Co. Ltd
78.0% Shyam Telecom Ltd
75.8% Sical Logistics Ltd
76.5% Siemens Ltd
83.3% Simbhaoli Sugars Ltd
72.7% Simplex Infrastructures Ltd
81.1% Sintex Industries Ltd
72.7% Siyaram Silk Mills Ltd
83.3% SKF India Ltd
76.5% SKM Egg Products Export (India) Ltd
76.5% Soma Textiles & Industries Ltd
75.0% Sona Koyo Steering Systems Ltd
81.1% Sonata Software Ltd
73.5% Spentex Industries Ltd
72.0% SPIC Ltd
75.8% SRF Ltd
71.2% Star Paper Mills Ltd
78.0% State Bank of India
81.1% Steel Authority Of India Ltd
78.0% Steel Strips Wheels Ltd
75.8% Sterling Biotech Ltd
73.5% Sterlite Industries (India) Ltd
78.8% Strides Arcolab Ltd
72.7% Subros Ltd
76.5% Sun Pharmaceuticals Industries Ltd
72.7% Sundaram Brake Linings Ltd
80.3% Sundram Fasteners Ltd
73.5% Sunflag Iron And Steel Company Ltd
72.7% Super Spinning Mills Ltd
73.5% Supreme Petrochem Ltd
82.6% Surya Pharmaceutical Ltd
79.5% Surya Roshni Ltd
72.0% Suryalakshmi Cotton Mills Ltd
76.5% Suven Life Sciences Ltd
78.0% Suzlon Energy Ltd
78.0% Swaraj Engines Ltd
79.5% Syndicate Bank
75.8% Taj GVK Hotels & Resorts Ltd
80.3% Tata Chemicals Ltd
77.3% Tata Consultancy Services Ltd
78.8% Tata Elxsi (India) Ltd
78.0% Tata Investment Corporation Ltd
74.2% Tata Metaliks Ltd
75.0% Tata Motors Ltd NSE
75.8% Tata Power Co. Ltd
77.3% Tata Sponge Iron Ltd
75.8% Tata Steel
75.8% Tata Teleservices (Maharashtra) Ltd
81.1% Tech Mahindra Ltd
70.5% Texmaco Ltd
76.5% The Andhra Sugars Ltd
84.8% The Dhanalakshmi Bank Ltd
78.8% The Federal Bank Ltd
81.1% The Great Eastern Shipping Co. Ltd
81.1% The India Cements Ltd
81.8% The Karnataka Bank Ltd
76.5% The Oudh Sugar Mills Ltd
83.3% The Paper Products Ltd
77.3% The Sirpur Paper Mills Ltd
74.2% The Tinplate Company Of India Ltd
74.2% Thiru Arooran Sugars Ltd
76.5% Thirumalai Chemicals Ltd
70.5% Thomas Cook (India) Ltd
77.3% TIL Ltd
84.1% Timken India Ltd
72.7% Tips Industries Ltd
80.3% Torrent Pharmaceuticals Ltd
81.8% Tourism Finance Corporation of India Ltd
82.6% Transport Corporation Of India Ltd
70.5% Trident
77.3% Trigyn Technologies Ltd
76.5% Triveni Engineering & Industries Ltd
81.8% TTK Prestige Ltd
74.2% Tube Investments Of India Ltd
78.8% TV Today Network Ltd
72.0% TVS Electronics Ltd
76.5% TVS Motor Company Ltd
81.1% Ucal Fuel Systems Ltd
78.8% Uco Bank
76.5% Ultratech Cement Ltd
84.8% Unichem Laboratories Ltd
80.3% Union Bank Of India
83.3% Unitech Ltd
72.0% United Phosphorous Ltd
81.1% United Spirits Ltd
73.5% Universal Cables Ltd
74.2% Upper Ganges Sugar & Industries Ltd
78.0% Uttam Galva Steels Ltd
88.6% Vardhman Polytex Ltd
82.6% Vardhman Textiles Ltd
81.1% Varun Shipping Co. Ltd
78.8% Venky's (India) Ltd
75.0% Vesuvius India Ltd
72.7% Videocon Industries Ltd
81.8% Vijaya Bank
82.6% VIP Industries Ltd
81.1% Visaka Industries Ltd
74.2% Visesh Infotecnics Ltd
75.8% VLS Finance Ltd
76.5% Voltas Ltd
78.8% VST Industries Ltd
76.5% Walchandnagar Industries Ltd
72.7% Weizmann Ltd
78.8% Welspun India Ltd
87.1% West Coast Paper Mills Ltd
79.5% Wheels India Ltd
73.5% Williamson Magor & Co Ltd
80.3% Wipro Ltd
78.0% Wockhardt Ltd
70.5% Xchanging Solutions
72.0% Xpro India Ltd
70.5% Zenith Computers Ltd
72.0% Zenith Infotech Ltd
77.3% Zensar Technologies Ltd
74.2% Zodiac Clothing Company Ltd
70.5% Zodiac-JRD-MKJ Ltd

The average percent accuracy for the Neural Index was 77.1%, with a low of 70.5% for Alps Industries Ltd, Balrampur Chini Mills Ltd, Blue Star Infotech Ltd, Consolidated Finvest & Holdings Ltd, Ginni Filaments Ltd, Grindwell Norton Ltd, Kothari Sugars And Chemicals Ltd, KSB Pumps Ltd, Lumax Automotive Systems Ltd, Malwa Cotton Spinning Mills Ltd, MRF Ltd, NRC Ltd, Orient Paper & Industries Ltd, Pae Ltd, Patspin India Ltd, Prime Securities Ltd, Pudumjee Pulp & Paper Mills Ltd, Quintegra Solutions Ltd, Ruchi Soya Industries Ltd, S&P CNX DEFTY, Seshasayee Paper And Boards Ltd, Texmaco Ltd, Thomas Cook (India) Ltd, Trident, Xchanging Solutions, Zenith Computers Ltd, Zodiac-JRD-MKJ Ltd, to a high of 88.6% for Vardhman Polytex Ltd.

Canada Stocks

Out-of-sample data from 4/26/2012 to 10/26/2012 were used to test the accuracy of each market's Neural Index predictions.

77.3% Aberdeen Asia-Pacific Income Investment Company
80.3% Absolute Software
70.5% Aeterna Zentaris
76.5% AGF Management
78.8% Agnico-Eagle Mines
77.3% Agrium TSX
78.8% Ainsworth Lumber
78.8% Air Canada
78.0% Alacer Gold
81.1% Alamos Gold
78.8% Alexco Resource
78.8% Alimentation Couche-Tard
82.6% Allied Nevada Gold
72.7% Altius Minerals
78.8% Americas Petrogas
73.5% Anderson Energy
75.8% Antrim Energy
77.3% Arsenal Energy
78.8% Astral Media
76.5% Atco
79.5% Atrium Innovations
77.3% ATS Automation Tooling Systems
76.5% Augusta Resource
72.7% Aura Minerals
82.6% Aurizon Mines
72.0% Axia Netmedia
75.0% Ballard Power Systems
83.3% Bank of Montreal
77.3% Bank of Nova Scotia
82.6% Bankers Petroleum
75.8% Banro
76.5% Barrick Gold TSX
80.3% BCE
72.7% BENEV Capital
72.0% Bioexx Specialty Proteins
78.0% Birchcliff Energy
78.0% BlackBerry TSX
79.5% Bombardier
78.0% Boralex
77.3% Brookfield Asset Management
76.5% Brookfield Properties
75.0% CAE
80.3% Calfrac Well Services
71.2% Calian Technologies
77.3% Calvalley Petroleum
87.9% Cameco TSX
81.1% Canadian Imperial Bank of Commerce
76.5% Canadian Life Companies Split
76.5% Canadian National Railway TSX
81.1% Canadian National Resources
80.3% Canadian Pacific Railway
81.1% Canadian Utilities
78.0% Canadian Western Bank
75.0% Canfor
72.0% Cangene
81.1% Canyon Services
75.8% Capstone Mining
84.8% Cascades
78.8% Catamaran
72.7% Celestica
81.1% Celtic Exploration
84.1% Centerra Gold
81.1% CGI Group
78.8% CGX Energy
78.0% Claude Resources
75.0% Coeur d'Alene Mines TSX
77.3% Cogeco Cable
78.8% COM DEV
76.5% Computer Modelling Group
80.3% Connacher Oil and Gas
76.5% Constellation Software
75.0% Corridor Resources
80.3% Corus Entertainment
78.0% Cott
80.3% Crew Energy
73.5% D-Box Technologies
77.3% Delphi Energy
77.3% Denison Mines
76.5% Descartes Systems
81.8% Detour Gold
78.0% Domtar
75.8% Dorel Industries
72.0% DragonWave
78.0% Dundee Corporation
75.0% Dundee Precious Metals
75.8% East Asia Minerals
75.0% Eastern Platinum
81.8% Eldorado Gold
72.0% Electrovaya
76.5% Emera
79.5% Empire Company
71.2% Enbridge
75.8% EnCana TSX
82.6% Endeavour Silver
78.0% Energold Drilling
76.5% Enghouse Systems
83.3% Ensign Energy Services
75.0% Entrée Gold
72.7% Enwave
77.3% Evertz Technologies
75.0% Evolving Gold
83.3% EXFO
75.0% Explor Resources
78.8% Fairfax Financial Holdings
84.1% Finning International
79.5% First Capital Realty
79.5% First Quantum Minerals
79.5% FirstService Corporation
75.0% Fortis
78.0% Fortress Paper
75.0% Gabriel Resources
72.0% Genesis Land Development
78.0% George Weston
79.5% Gildan Activewear
76.5% Goldcorp TSX
73.5% Golden Star Resources TSX
78.0% Great Canadian Gaming
75.0% Great-West Lifeco
79.5% Guyana Goldfields
80.3% Hanfeng Evergreen
80.3% Harry Winston Diamond
72.7% Helix Biopharma
70.5% Hemisphere GPS
72.7% High River Gold Mines
77.3% Home Capital Group
75.0% HudBay Minerals
76.5% Husky Energy
81.1% IAMGOLD
78.8% IGM Financial
78.0% IMAX
78.8% Imperial Metals
79.5% Imperial Oil
84.8% Industrial Alliance Insurance and Financial Services
83.3% Inmet Mining
74.2% International Forest Products
72.0% International Minerals
71.2% Ithaca Energy
73.5% Ivanhoe Energy
79.5% Jaguar Mining
80.3% JDS Uniphase TSX
71.2% Jean Coutu Group
72.7% Killam Properties
78.8% Kinross Gold
77.3% Kirkland Lake Gold
84.1% Lake Shore Gold
78.8% Laurentian Bank of Canada
81.1% Linamar Corporation
82.6% Loblaw Companies
78.8% Luna Gold
75.8% Lundin Mining
78.0% MacDonald Dettwiler and Associates
80.3% Mainstreet Equity
86.4% Major Drilling Group International
73.5% Manitoba Telecom Services
72.7% Manulife Financial
73.5% Maple Leaf Foods
78.8% Mart Resources
78.8% Martinrea International
70.5% Maxim Power
80.3% McEwen Mining
74.2% Mediagrif Interactive Technologies
75.8% Melcor Developments
75.0% Mercator Minerals
79.5% Methanex TSX
75.0% Metro
77.3% Migao
81.8% Minco Silver
72.0% Mirabela Nickel
79.5% Morguard
72.7% Mountain Province Diamonds
75.8% National Bank of Canada
71.2% Nevada Geothermal Power
82.6% Nevsun Resources
72.0% New Flyer Industries
80.3% New Gold
75.8% Newmont Mining TSX
78.0% Nexen
80.3% Niko Resources
84.1% Norbord
81.1% Nordion
77.3% North American Palladium
84.1% NovaGold Resources
77.3% NuVista Energy
75.8% OceanaGold
78.0% Oncolytics Bio
78.8% Onex
72.7% OPEL Technologies
75.8% Open Text
81.8% Painted Pony Petroleum
71.2% Paladin Energy
79.5% Paladin Labs
81.1% Pan American Silver TSX
74.2% Pantheon
78.8% Paramount Resources
83.3% Pason Systems
78.8% Peregrine Diamonds
79.5% Petrobank Energy & Resources
72.7% Petrolia
74.2% Petrominerales
79.5% Pinetree Capital
79.5% Platinum Group Metals
76.5% Polymet Mining
79.5% PotashCorp TSX
78.0% Power Corporation of Canada
75.8% Power Financial
75.0% Premier Gold Mines
73.5% QLT
78.0% Quebecor
75.8% Questerre Energy
78.8% Rare Element Resources
73.5% Reitmans (Canada)
75.0% Resverlogix
79.5% Ritchie Bros. Auctioneers
72.0% RMS Systems
75.8% Rock Energy
76.5% Rogers Communications
75.8% Romarco Minerals
78.8% RONA
78.8% Roxgold
79.5% Royal Bank of Canada TSX
78.0% Royal Gold
78.8% Rubicon Minerals
78.8% Russel Metals
83.3% S&P/TSX 60
82.6% S&P/TSX Capped Consumer Discretionary
84.1% S&P/TSX Capped Consumer Staples
85.6% S&P/TSX Capped Diversified Metals & Mining
81.1% S&P/TSX Capped Energy
80.3% S&P/TSX Capped Financial
85.6% S&P/TSX Capped Health Care
82.6% S&P/TSX Capped Industrials
78.8% S&P/TSX Capped Information Technology
72.0% S&P/TSX Capped Materials
84.1% S&P/TSX Capped Real Estate
82.6% S&P/TSX Capped REIT
75.8% S&P/TSX Capped Telecommunication Services
81.1% S&P/TSX Global Gold
81.8% S&P/TSX Global Mining
82.6% S&P/TSX Income Trust
78.8% S&P/TSX Preferred Share
84.1% S&P/TSX Venture Composite
72.7% Sandvine
78.0% Saputo
79.5% Savanna Energy Services
73.5% Sears Canada
83.3% Semafo
72.7% Sensio Technologies
77.3% Shaw Communications
73.5% ShawCor
78.8% Sherritt International
75.0% Shoppers Drug Mart
81.8% Sierra Wireless
78.0% Silver Standard Resources TSX
75.8% Silver Wheaton TSX
80.3% Silvercorp Metals
81.8% SNC-Lavalin Group
79.5% Stantec
85.6% Stella-Jones
78.0% Sterling Resources
79.5% Sun Life Financial
81.8% Suncor Energy
78.0% SunOpta TSX
71.2% Sylogist
79.5% Talisman Energy
72.0% Tanzanian Royalty Exploration
74.2% Taseko Mines
82.6% Teck Resources
75.8% Tekmira
73.5% TELUS
80.3% Theratechnologies
82.6% Thompson Creek Metals
82.6% Tim Hortons
80.3% TMX Group
75.8% Toromont Industries
79.5% Toronto-Dominion Bank
78.0% Torstar
77.3% TransAlta
80.3% Transat A.T.
77.3% TransCanada Corporation
77.3% Transcontinental
80.3% TransGlobe Energy
80.3% Trican Well Service
72.7% TSO3
77.3% Turquoise Hill Resources
81.8% Twin Butte Energy
78.0% UEX
73.5% Veris Gold
81.8% Virginia Mines
78.8% WaterFurnace Renewable Energy
79.5% Wavefront Technology Solutions
82.6% Wesdome Gold Mines
75.8% West Fraser Timber
78.0% Western Copper
75.0% Western Forest Products
77.3% Western Wind Energy
76.5% Westernzagros Resources
81.1% WestJet Airlines
87.9% Westport Innovations
81.1% WiLan
80.3% Winpak
78.0% Yamana Gold TSX
80.3% YM Biosciences

The average percent accuracy for the Neural Index was 77.9%, with a low of 70.5% for Aeterna Zentaris, Hemisphere GPS, Maxim Power, to a high of 87.9% for Cameco TSX, Westport Innovations.

UK Stocks

Out-of-sample data from 4/29/2010 to 10/29/2010 were used to test the accuracy of each market's Neural Index predictions.

80.3% 3I Group
81.1% A.G. Barr
77.3% Aberdeen Asset Management
75.0% Ablon
81.8% Admiral Group
80.3% Advanced Medical Solutions
74.2% ADVFN
75.0% Aegis Group
77.3% Afren
80.3% Aggreko
83.3% Albemarle & Bond Holdings
72.7% Alliance Pharma
82.6% Alliance Trust
72.0% Alumasc Group
81.1% AMEC
70.5% Amerisur
81.1% Aminex
77.3% Amlin
77.3% Amur Minerals
77.3% Anglo American
71.2% Anite
78.0% Antofagasta
81.1% Aquarius Platinum
75.0% Archipelago Resources
80.3% ARM Holdings
72.7% Ascent Resources
72.0% Ashley House
72.7% Ashmore
83.3% Ashtead Group
78.8% ASOS
75.8% Associated British Foods
70.5% Asterand
82.6% Astrazeneca LSE
82.6% Atkins
75.0% Aurelian
84.8% Autonomy
76.5% Aviva
81.8% Avocet Mining
78.8% Babcock Intl
77.3% BAE Systems
83.3% Balfour Beatty
78.0% Barclays LSE
82.6% Barratt Developments
75.0% BATM Advanced
78.0% Beazley
83.3% Bellway
72.7% Beowulf
78.8% Berendsen
76.5% Berkeley Group Holdings
78.0% BG Group
76.5% BHP Billiton LSE
78.0% Blinkx
77.3% Booker
81.1% Bovis Homes
76.5% Bowleven
81.1% BP LSE
83.3% Brewin Dolphin
78.8% Brit Insurance Holdings
79.5% British American Tobacco
78.8% British Land
72.0% British Sky Broadcasting
83.3% Britvic
85.6% Bunzl
84.1% Burberry Group
78.8% C&C Group
76.5% Cairn Energy LSE
81.1% Cape
75.0% Capita Group
76.5% CareTech Holdings
81.1% Carillion
84.8% Carnival LSE
75.0% Carpetright
79.5% Catlin Group
83.3% Centamin Egypt
77.3% Centrica
74.2% Charlemagne
71.2% Chaucer Holdings
71.2% Chesnara
79.5% Circle Oil
72.7% Cleardebt Group
72.7% ClearStream
77.3% Close Brothers Group
84.1% Cobham
78.0% Compass Group
81.8% Cookson Group
73.5% Cranswick
80.3% CRH
74.2% CSR
75.8% Cyan
81.1% Dairy Crest
78.8% De La Rue
78.0% Debenhams
74.2% Deltex Medical
78.0% Derwent London
73.5% Desire Petroleum
77.3% Devro
73.5% Dexion Absolute
79.5% Diageo LSE
76.5% Dignity
81.8% Diploma
78.8% DMGT
73.5% Dominion Petroleum
76.5% Domino's Pizza LSE
78.8% Dragon Oil
78.0% DRAX
75.0% Dunelm
84.8% Eaga
70.5% Earthport
78.8% easyJet
73.5% Edinburgh Dragon Trust
76.5% Edinburgh Investment Trust
75.0% Education Development
81.1% Electrocomponents
75.8% Elementis
75.0% Enterprise Inns
71.2% Evolution Group
77.3% Expansys
84.8% Experian
78.8% F&C Asset Management
78.8% F&C Commercial Property Trust
77.3% Fenner
80.3% Ferrexpo
75.0% FFastFill
73.5% Filtrona
82.6% FirstGroup
81.8% Foreign & Colonial Investment Trust
76.5% Fortune Oil
78.0% Futura Medical
70.5% Future
80.3% G4S
75.0% Galliford Try
75.8% Game Group
81.8% GKN
84.1% GlaxoSmithKline LSE
77.3% Go-Ahead Group
78.0% Grainger
75.0% Great Portland Estates
82.6% Greene King
75.8% Gulf Keystone
80.3% Gulfsands
75.8% GW Pharmaceuticals
80.3% Halfords
81.1% Hammerson
75.8% Hamworthy
77.3% Hansteen Holdings
73.5% Hardy Underwriting Bermuda
74.2% Hargreaves Lansdown
73.5% Hargreaves Services
81.1% Havelock Europa
80.3% Hays
81.1% Healthcare Locums
82.6% Helical Bar
78.8% Hikma
83.3% Hirco
72.0% Hiscox
78.0% HMV Group
78.0% Hochschild
79.5% Home Retail
82.6% Homeserve
81.8% HSBC Holdings UK
74.2% HSBC Infrastructure
81.8% IAG
81.1% ICAP
84.8% IG Group
80.3% Imagination Technologies
82.6% IMI
80.3% Immunodiagnostic Systems Holdings
73.5% Impax Environmental Markets
78.0% Imperial Tobacco
77.3% Informa
82.6% Inmarsat
79.5% Innovation Group
81.1% InterContinental Hotels
73.5% Intermediate Capital Group
78.0% International Personal Finance
80.3% International Power
78.0% Interserve
76.5% Intertek Group
81.1% Invensys
76.5% Investec
84.1% IQE
80.3% Irish Life & Permanent Group Holdings
78.8% ITE Group
81.1% ITV
73.5% J Sainsbury
77.3% J.D. Wetherspoon
71.2% James Halstead
83.3% Jardine Lloyd Thompson
78.0% JD Sports
74.2% JJB Sports
87.1% Johnson Matthey
75.0% Johnson Service Group
83.3% Johnston Press
81.1% Kazakhmys
77.3% KCOM Group
75.8% Kefi Minerals
81.1% Keller Group
81.1% Kenmare Resources
81.1% Kesa Electricals
78.8% Kier Group
82.6% Kingfisher
82.6% Ladbrokes
79.5% Lancashire
81.8% Land Securities Group
72.7% Laura Ashley
78.8% Leed Petroleum
75.8% Legal & General
74.2% Leni Gas
79.5% Lloyds Group
81.1% Logica
83.3% London Stock Exchange
79.5% Lonmin
72.0% Lonrho
72.7% Lookers
70.5% Low & Bonar
81.8% Luminar Group
78.0% Lupus Capital
78.8% M.P. Evans
73.5% Majestic Wine
74.2% Man Group
78.0% Marks & Spencer
75.0% Marshalls
78.0% Marston's
75.0% Matra
76.5% Max Petroleum
81.1% May Gurney
83.3% McBride
73.5% Mears Group
72.7% Media Corp
75.8% Meggitt
78.0% Melrose
83.3% Michael Page
78.8% Micro Focus
81.8% Millennium & Copthorne Hotels
80.3% Misys
85.6% Mitchells & Butlers
75.8% Mitie Group
80.3% Mobile Streams
83.3% Mondi
78.0% Moneysupermarket.com
77.3% Monitise
86.4% Morgan Crucible
75.8% Morrisons
83.3% Mothercare
75.8% Motive TV
78.8% Mulberry Group
80.3% N Brown Group
75.8% National Express
76.5% National Grid
73.5% Next
71.2% Norcros
73.5% Northern Foods
77.3% Old Mutual
84.8% Paragon Group
70.5% Parkmead
84.1% Partygaming
81.8% Pearson
72.7% Pendragon
80.3% Persimmon
78.8% Petroceltic
82.6% Petrofac
81.8% Petropavlovsk
79.5% Phoenix IT
70.5% Physiomics
77.3% Phytopharm
75.8% Playtech
79.5% Premier Foods
79.5% Premier Oil
81.1% Premium Farnell
82.6% Prezzo
82.6% Prosperity
81.1% Proteome
72.0% Provexis
83.3% Provident Financial
75.8% Prudential LSE
81.8% Punch Taverns
77.3% Pursuit Dynamics
78.0% PZ Cussons
75.0% RAB Capital
75.8% Rathbone Bros
77.3% Real Good Food
78.0% Reckitt Benckiser Group
74.2% Red Rock
83.3% Redrow
73.5% Reed Elsevier
83.3% Regal Petroleum
72.0% Regency Mines
80.3% Regus
73.5% ReNeuron
73.5% Renew Holdings
79.5% Renewable Energy Holdings
81.1% Rentokil Initial
79.5% Restaurant Group
80.3% Rexam
75.8% Rio Tinto
74.2% Robert Wiseman
77.3% Rockhopper
78.8% Rolls-Royce
70.5% Romag
71.2% Roxy Petroleum
78.0% Royal Bank of Scotland LSE
76.5% Royal Dutch Shell B
81.1% RPS Group
79.5% RSA Insurance
79.5% RSM Tenon
75.8% RWS Holdings
80.3% Ryanair Holdings LSE
73.5% Sabmiller
80.3% Sage Group
81.1% Savills
85.6% Schroders
80.3% Scottish & Southern Energy
81.1% Senior
79.5% Serco Group
80.3% Severn Trent
76.5% Shaftesbury
81.8% Shire
81.1% SIG
72.0% SmartFocus
79.5% Smith & Nephew
81.1% Smiths Group
78.8% Soco International
82.6% Software Radio Technology
74.2% Sound Oil
81.1% Southern Cross
81.1% Spirent
78.0% Sportingbet
80.3% Sports Direct
77.3% St. James Place
81.1% Stagecoach
81.8% Standard Chartered
77.3% Standard Life
81.8% Sterling Energy
79.5% SThree
80.3% Stobart
78.0% SVG Capital
81.8% Tate & Lyle
72.7% Taylor Wimpey
73.5% Tesco
75.0% Thomas Cook
72.0% Thorntons
72.0% Tower Resources
81.1% TR Property Investment Trust
81.1% Travis Perkins
77.3% TT Electronics
76.5% TUI Travel
77.3% Tullett Prebon
76.5% Tullow Oil
72.0% Unilever LSE
80.3% UNITE Group
80.3% United Business Media
76.5% United Utilities
83.3% Vedanta
84.8% Verona Pharma
70.5% Vertu Motors
73.5% ViaLogy
75.8% Victoria Oil
78.0% Vodafone Group
76.5% Walker Greenbank
85.6% Weir Group
76.5% Wellstream Holdings
77.3% WH Smith
84.1% Whitbread
79.5% William Hill
79.5% Wolseley
80.3% Wood Group
78.8% WPP
79.5% Xchanging
75.8% Xstrata
77.3% Xtract
70.5% Young & Cos Brewery A
78.0% Yule Catto

The average percent accuracy for the Neural Index was 78.2%, with a low of 70.5% for Amerisur, Asterand, Earthport, Future, Low & Bonar, Parkmead, Physiomics, Romag, Vertu Motors, Young & Cos Brewery A, to a high of 87.1% for Johnson Matthey.

Australia Stocks

Out-of-sample data from 4/26/2012 to 10/26/2012 were used to test the accuracy of each market's Neural Index predictions.

77.3% ABM Resources
72.7% A-Cap Resources
75.0% Acrux
73.5% Adelaide Brighton
81.1% Aditya Birla Minerals
77.3% AGL Energy
70.5% Alchemia
76.5% ALE Property Group
75.8% Alkane Resources
75.0% Alliance Resources
78.8% ALS Limited
84.8% Alumina
81.8% Amcom Telecommunications
78.8% Amcor
82.6% AMP
72.0% Anglo Australian Resources
81.8% Ansell
78.0% Antares Energy
80.3% ANZ Bank
71.2% APA Group
76.5% APN News & Media
73.5% Arafura Resources
73.5% Argo Investments
75.8% Aristocrat Leisure
79.5% Arrium Ltd
70.5% Asciano Group
75.0% ASG Group
83.3% Aspen Group
71.2% ASX
77.3% Atlas Iron
80.3% Aurora Oil & Gas Ltd
78.8% Ausdrill
75.8% Ausenco
78.0% Austal
78.8% Austpac Resources
73.5% Australand Property Group
75.0% Australia Agriculture Company
80.3% Australian Foundation Investment
72.0% Australian Pharmaceutical Industries
78.0% Australian Renewable Fuels
72.0% Automotive Holdings Group
75.0% Avexa
75.8% Aviva ASX
78.8% AWE
77.3% Axiom Mining
79.5% Bandanna Energy
75.8% Bank of Queensland
71.2% Bannerman Resources
70.5% Bauxite Resources
76.5% BC Iron
76.5% Beach Energy
76.5% Beadell
78.0% Bendigo Bank
73.5% Benitec
76.5% Berkeley Resources
76.5% BHP BLT
73.5% Bigair Group
77.3% Billabong International
78.8% Bionomics
71.2% Black Range Minerals
76.5% Blue Energy
73.5% Bluescope
71.2% Bluglass
77.3% Boart Longyear
71.2% Boom Logistics
78.8% Boral
80.3% Bradken Limited
78.0% Brambles
72.0% Breakaway Resources
74.2% Bunnings Warehouse Property
78.8% Cabcharge
74.2% Caltex Australia
81.1% Cape Lambert Resources
75.8% Capitol Health
75.8% Cardia Bioplastics
81.1% Cardno
76.5% Carnarvon Petroleum
72.7% Cash Converters International
75.0% Cazaly Resources
74.2% Central Petroleum
75.8% CFS Retail Property Trust
81.1% Challenger
74.2% Charter Hall Group
77.3% Clough
72.7% Clover
75.0% Coal of Africa
72.7% Coca-Cola Amatil
75.8% Cochlear
75.8% Cockatoo Coal
79.5% Coffee International
78.8% Commonwealth Bank
72.7% Commonwealth Property Office fund
75.8% Computershare
73.5% Contago Microcap
81.8% Cooper Energy
72.7% Copper Strike
74.2% Crown
78.8% CSG
78.0% CSL
77.3% CSR Ltd
72.7% Cue Energy Resources
79.5% David Jones
71.2% Deep Yellow
76.5% Diatreme Resources
77.3% Discovery Metals
72.7% Downer EDI
81.8% Drillsearch Energy
79.5% Duet Group
77.3% DWS Advanced Business Solutions
72.0% Dyseol
79.5% Emeco
76.5% Energy Resources of Australia
74.2% Energy World Corp
78.8% Envestra
75.8% Fairfax Media
73.5% Fairstar Resources
72.0% Federation Centres
72.0% Finders Resources
74.2% FKP Property
75.8% Fleetwood
73.5% Fletcher Building
76.5% FlexiGroup
80.3% Flight Centre
76.5% Focus Minerals
72.7% Fortescue Metals
72.7% Frontier Resources
80.3% Galaxy Resources
70.5% Genetic Technologies
74.2% Geodynamics
77.3% Gindalbie Metals
73.5% Gold Aura
77.3% Golden Rim Resources
78.0% Goodman Fielder
78.0% Goodman Group
74.2% GPT Group
70.5% Graincorp
78.0% Grange Resources
79.5% Gryphon Minerals
75.8% GUD Holdings
72.0% Gujarat NRE Coking Coal
76.5% Hansen Technologies
77.3% Harvey Norman Australia
74.2% Healthlinx
83.3% Henderson Group
72.7% Highlands Pacific
71.2% Hill End Gold
83.3% Hillgrove Resources
71.2% Hills Holdings
76.5% Horizon Oil
77.3% Icon Energy
78.8% iiNet
76.5% Iluka
76.5% Imdex
74.2% ImpediMed
75.8% Incitec Pivot
75.0% IND Group
78.0% Indophil Resources
70.5% Infomedia
74.2% ING Office Fund
72.0% Insurance Australia Group
78.0% InvoCare
72.0% Iress Market Technology
84.8% Iron Ore Holdings
73.5% ISS Group
75.0% James Hardie
80.3% JB Hi-Fi
76.5% KalNorth Gold Mines
80.3% Karoon Gas
77.3% Kasbah Resources
77.3% Kingrose Mining
80.3% Kingsgate Consolidated
74.2% Legend Corp
72.0% Legend Mining
78.0% Leighton Holdings
74.2% Lend Lease
80.3% Linc Energy
76.5% Liquefied Natural Gas
72.7% Living Cell Technologies
78.0% Logicamms
80.3% Lycopodium
75.0% Lynas
81.1% M2 Telecommunications Group
73.5% Macmahon Holdings
78.8% Macquarie Group
72.0% Malachite Resources
76.5% Mantle Mining
75.8% Maxitrans Industries
78.8% McMillan Shakespeare
70.5% MEC Resources
78.0% Medusa Mining
79.5% MEO Australia
75.0% Mermaid Marine Australia
81.8% Mesoblast
74.2% Metals X
78.8% Metcash
77.3% Metgasco
79.5% Metminco
73.5% Mincor Resources
81.8% Mineral Deposits
72.7% Mirvac Group
74.2% Mithril Resources
76.5% Molopo Energy
78.0% Monadelphous Group
78.0% Monax Mining
78.0% Mount Gibson Iron
71.2% Murchison Metals
72.0% NAB
72.0% Nanosonics
78.0% Navitas
78.0% New Hope
75.0% Newcrest Mining
78.8% News Corp ASX
79.5% Nexus
80.3% Nido Petroleum
72.7% Northern Iron
79.5% NRW Holdings
74.2% NSL Consolidated
75.8% Nufarm Ltd
78.8% Oakton
77.3% OBJ
72.7% OceanaGold ASX
80.3% Oil Search
74.2% OM Holdings
80.3% Orica
79.5% Origin Energy
76.5% Orocobre
73.5% Otto Energy
80.3% Oz Minerals
73.5% Pacific Brands
72.0% Pacific Ore
78.8% Paladin Energy ASX
71.2% Pan Pacific Petroleum
75.8% PanAust
75.0% PaperlinX
79.5% Peak Resources
75.8% Peninsula Energy
72.7% Penrice Soda Holdings
80.3% Perilya
77.3% Perpetual
78.0% Perseus
73.5% Petratherm
78.8% Phosphagenics
75.0% Phylogica
78.8% Platinum Assest Management
74.2% Poseidon Nickel
72.0% Prima Biomed
76.5% Primary Health Care
75.8% Prime Media Group
75.8% Programmed Maintenance Services
72.0% Proto Resources & Investments
76.5% QBE Insurance Group
76.5% Quantas Airways
70.5% Quickstep Holdings
76.5% Ramelius Resources
78.8% Ramsay Health Care
76.5% RCR Tomlinson
80.3% Red 5
72.7% Redstone Resources
71.2% Reed Resources
81.8% Regis Resources
78.8% Resolute Mining
74.2% Resource & Investment
80.3% Rex Minerals
72.7% RHG
80.3% Rialto Energy
79.5% Ridley Corporation
78.8% Rio Tinto ASX
78.8% Robust Resources
83.3% Roc Oil Company
72.0% Rox Resources
75.8% RTL Food
77.3% S&P ASX 200 Health Care
78.8% S&P ASX 200 Materials
81.1% S&P/ASX 100
81.1% S&P/ASX 20
78.8% S&P/ASX 200
74.2% S&P/ASX 200 A-REIT
77.3% S&P/ASX 200 Consumer Discretionary
75.8% S&P/ASX 200 Consumer Staples Index
83.3% S&P/ASX 200 Energy
78.0% S&P/ASX 200 Financials
81.1% S&P/ASX 200 Financials ex-A REITs
81.8% S&P/ASX 200 Telecommunications Services
76.5% S&P/ASX 200 Utilities
78.8% S&P/ASX 300
78.8% S&P/ASX 300 Metal and Mining
80.3% S&P/ASX 50
81.8% S&P/ASX All Australian 200
80.3% S&P/ASX All Australian 50
81.1% S&P/ASX All Ordinaries
79.5% S&P/ASX All Ordinaries Gold
83.3% S&P/ASX MidCap 50
81.8% S&P/ASX Small Ordinaries
78.8% SAI Global
71.2% Salmat
77.3% Samson Oil & Gas
76.5% Sandfire Resources
74.2% Santos
79.5% Saracen Mineral Holdings
78.8% Sedgeman
82.6% Seek
78.0% Senetas
76.5% Service Stream
74.2% Sierra Mining
72.0% Sigma Pharmaceuticals
78.0% Silex Systems
81.8% Silver Lake Resources
75.0% Silver Mines
79.5% Sims Metal Management
74.2% Singapore Telecommunications
83.3% Sirtex Medical
76.5% Sky City Entertainment Group
76.5% Slater & Gordon
78.0% SMS Management & Technology
75.8% Sonic Healthcare
73.5% South Boulder Mines
77.3% Southern Cross Electrical Engineering
86.4% SP AusNet
75.0% Spark Infrastructure
79.5% St. Barabara
75.8% Starpharma Holdings
75.0% Stockland
72.0% Stonehenge Metals
72.7% STW Communications Group
78.8% Suncorp Group
81.8% Sundance Energy Australia
74.2% Sunland Group
72.0% Sunshine Heart
73.5% Super Retail Group
81.8% Swick Mining Services
75.8% Tabcorp
75.8% Talisman Mining
73.5% Tanami Gold
76.5% Tap Oil
81.1% Tassal Group
77.3% Tatts Group
79.5% Telecom NZ
78.8% Telstra
85.6% Ten Network Holding
74.2% Terramin Australia
75.0% Territory Uranium
75.8% Texon Petroleum
73.5% The Reject Shop
75.0% Thundelarra Exploration
72.0% Tissue Therapies
72.0% TNG
78.0% Toll Group
74.2% Toro Energy
75.0% Tox Free Solutions
75.8% Transpacific Industries
76.5% Transurban Group
77.3% Troy Resources
72.7% UCL Resources
77.3% UGL
77.3% Venture Minerals
71.2% Village Roadshow Limited
77.3% Virgin Australia Holdings
72.7% Vision Eye Institute
72.0% Vmoto
76.5% Wasabi
78.0% Watpac
80.3% WDS
78.0% Webjet
83.3% Wesfarmers
79.5% Western Areas
74.2% Westfield Group
74.2% Westpac Banking Corp
72.7% White Energy Company
75.8% Whitehaven Coal
81.1% Woodside Petroleum
75.8% Wotif.com
72.0% WPG Resources
73.5% YTC Resources
74.2% Zambezi Resources

The average percent accuracy for the Neural Index was 76.5%, with a low of 70.5% for Alchemia, Asciano Group, Bauxite Resources, Genetic Technologies , Graincorp , Infomedia, MEC Resources, Quickstep Holdings, to a high of 86.4% for SP AusNet.

VANTAGEPOINT IS A TOOL AND NOT A TRADING SYSTEM THAT GIVES SPECIFIC BUY AND SELL TRADING SIGNALS OR RECOMMENDATIONS. INSTEAD, IT IS A TECHNICAL ANALYSIS TOOL THAT PROVIDES ITS USERS WITH A PROPRIETARY METHOD OF ANALYZING THE MARKETS. ALL ACCURACY STATISTICS MENTIONED ABOVE RELATE TO THE NEURAL INDEX. A STATISTICAL ACCURACY OF 80% DOES NOT TRANSLATE TO A PRESUMPTION THAT 8 OUT OF 10 TRADES WILL BE “WINNING” TRADES. 

THE NEURAL INDEX PREDICTS WHETHER THE AVERAGE OF TOMORROW'S TYPICAL PRICE AND THE TYPICAL PRICE OF THE DAY AFTER TOMORROW (BOTH UNKNOWNS AT THIS TIME) WILL BE HIGHER OR LOWER THAN THE AVERAGE OF YESTERDAY'S TYPICAL PRICE AND THE TYPICAL PRICE OF THE DAY BEFORE YESTERDAY. THIS GIVES THE EXPECTED TREND DIRECTION FOR EACH MARKET OVER THE NEXT TWO DAYS.

WITH THIS INFORMATION ON THE NEURAL INDEX VALUE PLUS OTHER INFORMATION GENERATED BY VANTAGEPOINT (AS WELL AS ALL OTHER INFORMATION AVAILABLE TO EACH VANTAGEPOINT USER) IT IS EACH USER’S RESPONSIBILITY TO DETERMINE HIS OR HER OWN SPECIFIC ENTRIES, EXITS AND STOP PLACEMENTS, WHICH MAY VARY FROM THOSE OF OTHER TRADERS DUE TO INDIVIDUAL DIFFERENCES IN TRADING STYLE, FINANCIAL MARKET EXPERIENCE, TRADING EXPERTISE, FINANCIAL AND ECONOMIC OBJECTIVES, RISK PROPENSITY, RISK CAPITAL, ACCOUNT SIZE AND NUMBER OF CONTRACTS TRADED, THEREBY PRODUCING DIFFERENT TRADING RESULTS FROM ONE TRADER TO ANOTHER. 

MARKET TECHNOLOGIES, LLC STAFF ARE IN DAILY CONTACT WITH TRADERS, WHO EITHER REQUEST INFORMATION ABOUT MARKET TECHNOLOGIES, LLC, INTERMARKET ANALYSIS AND VANTAGEPOINT, OR WHO EXPRESS AN INTEREST IN INTERMARKET ANALYSIS OR VANTAGEPOINT WHEN CONTACTED BY MARKET TECHNOLOGIES, LLC STAFF. TELEPHONE CALLS AND CONVERSATIONS WITH MARKET TECHNOLOGIES' STAFF MAY BE MONITORED OR RECORDED FOR TRAINING AND QUALITY ASSURANCE PURPOSES. MARKET TECHNOLOGIES, LLC MAY GIVE PRODUCT CREDITS/REBATES OR PAY FEES, INCLUDING REFERRAL FEES, UNDER CERTAIN CIRCUMSTANCES, TO CUSTOMERS OR OTHERS, INCLUDING DATA VENDORS; COMPETITORS; AUTHORS/WRITERS OF REVIEWS AND/OR PROMOTIONAL OR TECHNICAL ARTICLES MENTIONING, HIGHLIGHTING OR PROMOTING THE SERVICES AND PRODUCTS OFFERED BY MARKET TECHNOLOGIES, LLC; OTHERS WHO ASSIST IT WITH PROSPECTIVE CUSTOMERS BECOMING CUSTOMERS; AND OTHERS WHO PROVIDE MARKET TECHNOLOGIES, LLC WITH "LEADS" OR NAMES OF PERSONS OR TRADERS WHO SUBSEQUENTLY BECOME CUSTOMERS OF MARKET TECHNOLOGIES, LLC. TRADINGEDUCATION.COM, LLC IS AFFILIATED THROUGH COMMON OWNERSHIP WITH MARKET TECHNOLOGIES, LLC. ALL DETERMINATIONS BY MARKET TECHNOLOGIES, LLC CONCERNING PRODUCT CREDITS/REBATES OR FEES PAID BY MARKET TECHNOLOGIES, LLC ARE FINAL AND WITHIN ITS SOLE DISCRETION. MARKET TECHNOLOGIES, LLC MAY RECEIVE PRODUCT CREDITS/REBATES OR FEES, INCLUDING REFERRAL FEES, UNDER CERTAIN CIRCUMSTANCES, FROM OTHERS, INCLUDING DATA VENDORS, COMPETITORS, AND OTHER ENTITIES WITHIN THE FINANCIAL INDUSTRY OR NOT, WHO PROMOTE PRODUCTS AND SERVICES WHICH MAY BE OF INTEREST AND BENEFIT TO MARKET TECHNOLOGIES LLC’S CUSTOMERS AND IN WHICH MARKET TECHNOLOGIES, LLC PROVIDES ITS CUSTOMERS WITH PROMOTIONAL INFORMATION AND DETAILS ON THE PRODUCTS AND SERVICES OF OTHERS FOR WHICH MARKET TECHNOLOGIES, LLC MAY RECEIVE SUCH PRODUCT CREDITS/REBATES OR FEES. ALL DETERMINATIONS BY MARKET TECHNOLOGIES, LLC CONCERNING FEES TO BE RECEIVED BY MARKET TECHNOLOGIES, LLC ARE FINAL AND WITHIN ITS SOLE DISCRETION. CUSTOMER TESTIMONIALS IN THE VANTAGEPOINT VIDEO ARE EXPRESSIONS OF EACH CUSTOMER'S PERSONAL EXPERIENCE AND BELIEF. NO COMPENSATION HAS BEEN PAID BY MARKET TECHNOLOGIES, LLC TO THESE CUSTOMERS FOR THEIR TESTIMONIALS IN THE VIDEO, EXCEPT FOR REASONABLE TRAVEL EXPENSES NECESSARY FOR THEM TO PARTICIPATE IN THE PRODUCTION OF THE VIDEO. MARKET TECHNOLOGIES, LLC HAS NO AFFILIATION WITH ANY BROKERAGE FIRMS AND DOES NOT GET INVOLVED WITH TRADING, TRADE RECOMMENDATIONS OR ACCOUNT ADMINISTRATION SINCE WE ARE NOT LICENSED, REGISTERED BROKERS. YOU MUST MAKE YOUR OWN TRADING DECISIONS AND WORK OUT YOUR OWN SPECIFIC TRADING GUIDELINES WITH YOUR BROKER.

MARKET TECHNOLOGIES, LLC RESPECTS THE PRIVACY OF ITS VISITORS AND CUSTOMERS. MARKET TECHNOLOGIES, LLC USES FEEDBACK FORMS AS A VEHICLE FOR RECEIVING FEEDBACK FROM OUR VISITORS TO OUR WEB SITE AS WELL AS PROVIDING APPROPRIATE FOLLOW-UP. THIS INFORMATION IS RECEIVED BY THE WEB MASTER AND REVIEWED BY THE APPROPRIATE MANAGER FOR RESPONSE. MARKET TECHNOLOGIES, LLC DOES NOT SELL, LEASE OR SHARE ANY INFORMATION OR DATA THAT IT OBTAINS THROUGH ITS WEBSITE WITH UNAFFILIATED THIRD PARTIES. ALL INFORMATION IS SOLELY INTENDED FOR USE BY MARKET TECHNOLOGIES, LLC AND ITS AFFILIATES. FOR QUALITY ASSURANCE PURPOSES, CALLS WITH MARKET TECHNOLOGIES, LLC MAY BE MONITORED OR RECORDED. 

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS. MARKET TECHNOLOGIES, LLC HAS HAD LITTLE OR NO EXPERIENCE IN TRADING ACTUAL ACCOUNTS FOR ITSELF OR FOR CUSTOMERS. BECAUSE THERE ARE NOT ACTUAL TRADING RESULTS TO COMPARE TO THE HYPOTHETICAL PERFORMANCE RESULTS, CUSTOMERS SHOULD BE PARTICULARLY WARY OF PLACING UNDUE RELIANCE ON THESE HYPOTHETICAL PERFORMANCE RESULTS. FUTURES AND OPTIONS TRADING INVOLVES RISK, IS NOT FOR EVERY TRADER, AND ONLY RISK CAPITAL SHOULD BE USED. 

THERE IS A HIGH DEGREE OF RISK INVOLVED IN TRADING AND PARTICIPATING IN THE FINANCIAL MARKETS AND THAT THIS RISK IS PRESENT EVEN WITH THE USE OF A TOOL LIKE VANTAGEPOINT WHICH DOES NOT ELIMINATE THE RISK, OR GUARANTEE PROFITS OR THE AVOIDANCE OF LOSSES. WHILE THIS RISK CAN BE MANAGED AND EVEN REDUCED, IT CAN NEVER BE ELIMINATED. GIVEN THIS RISK, IT IS NOT PRUDENT OR ADVISABLE TO MAKE TRADING DECISIONS THAT ARE BEYOND YOUR FINANCIAL MEANS OR INVOLVE TRADING CAPITAL THAT YOU ARE NOT WILLING AND CAPABLE OF LOSING.

VANTAGEPOINT’S FORECASTS DO NOT CONSTITUTE TRADING ADVICE OR AN ENDORSEMENT OR RECOMMENDATION BY MARKET TECHNOLOGIES OF ANY TRADING METHODS, PROGRAMS, SYSTEMS OR ROUTINES. MARKET TECHNOLOGIES’ PERSONNEL ARE NOT LICENSED BROKERS OR ADVISORS AND DO NOT OFFER TRADING ADVICE.

COPYRIGHT INFRINGEMENT CLAIM NOTICE PROCEDURE - Copyright and Intellectual Property Policy

We respect the intellectual property of others, and we ask our users to do the same. We assume no responsibility for content on other web sites that you may find or access when using our products or services. Material available on or through other web sites may be protected by copyright and the intellectual property laws of the United States and/or other countries. The terms of use of those web sites, and not our Terms of Service, govern your use of that material.

It is our  policy, in appropriate circumstances and at its discretion, to disable and/or terminate the accounts of users who may infringe or repeatedly infringe the copyrights or other intellectual property rights of our company and/or others.

Notice for Claims of Copyright and Other Intellectual Property Violations and Agent for Notice

Pursuant to Title 17, U.S. Code § 512(c)(2), notifications of claimed copyright infringement, or notification of other intellectual property rights violation, should be sent ONLY to the Designated Agent below.

NOTE: THE FOLLOWING INFORMATION IS PROVIDED EXCLUSIVELY FOR NOTIFYING THE SERVICE PROVIDERS REFERENCED BELOW THAT YOUR COPYRIGHTED MATERIAL MAY HAVE BEEN INFRINGED. DO NOT SEND ANY INQUIRIES UNRELATED TO COPYRIGHT INFRINGEMENT (E.G., REQUESTS FOR TECHNICAL ASSISTANCE OR CUSTOMER SERVICE, REPORTS OF EMAIL ABUSE, ETC.) TO THE CONTACT LISTED BELOW. YOU WILL NOT RECEIVE A RESPONSE IF SENT TO THIS CONTACT.

Written notification of claimed copyright infringement must be submitted to the following Designated Agent via the following routes:

            Mail:

            Hill Ward Henderson

            Attention Rachel M. Feinman, Esq.

            3700 Bank of America Plaza

            101 East Kennedy Boulevard

            Tampa, Florida 33602

            Fax:  813-221-2900

            Email: rfeinman@hwhlaw.com  

Under Title 17, § 51 2(c)(3)(A) of the United States Code, the Notification of Claimed Infringement must include the following:

1.  An electronic or physical signature of the owner or of the person authorized to act on behalf of the owner of the copyright interest.

2.  An identification of the copyrighted work, or works, that you believe to have been infringed upon. The identification must provide sufficient detail to specify the work. For example, an identification for a web page might state, “The copyrighted work at issue is the text that appears on http://www.originalexpression.com/original_page.html.” Where the work is another form of publication, the identifying information could include the name, edition, ISBN number and pages of a book from which an excerpt was copied, the music album or single, etc. as appropriate.

3.  A clear description of where the infringing material is located on our web site(s), including, as applicable, its URL, so that we can locate the material.

4.  Information reasonably sufficient to permit us to contact you. An email address is preferred. Alternatively, you might provide your mailing address and/or telephone number.

5.  The following statement: “I have a good-faith belief that use of the copyrighted materials described above as allegedly infringing is not authorized by the copyright owner, its agent or the law.”

6.  The following statement: “I swear, under penalty of perjury, that the information in the notification is accurate and that I am the copyright owner or am authorized to act on behalf of the copyright owner.”

VantagePoint License Agreement
This is a legal agreement (the “Agreement”) between you (“Licensee” or “You”) and Market Technologies, LLC, a Florida limited liability company (“Market Technologies”).  Carefully read this Agreement before installing the VantagePoint Intermarket Analysis Software (“VantagePoint”) on your computer.  
By clicking the “I Understand and Agree to the Terms” button when presented on the screen with the VantagePoint License Agreement, Licensee indicates its understanding and acceptance of the terms of this Agreement, is intending to create an electronic signature affirming its full understanding and agreement to be legally bound by all of the terms and conditions of this Agreement, agrees to execute this Agreement electronically and agrees that this Agreement is enforceable like any written negotiated agreement signed by Licensee, and is entering into a binding legal contract.  
VantagePoint contains the following VantagePoint products (“VantagePoint Products”):  VantagePoint for Futures and Commodities (comprised of individual markets); VantagePoint for Stocks and ETFs (comprised of individual sectors of stocks and ETFs); VantagePoint for Forex (comprised of individual groups of Forex pairs), and VantagePoint for India (comprised of individual stock sectors). For each of these VantagePoint Products, each of their respective markets, sectors or groups is hereinafter known as a market application (“Market Application”). 
VantagePoint and the VantagePoint user documentation and all related materials that were provided to You by Market Technologies under this Agreement by any means, including: (i) on a CD-ROM shipped by common carrier or the United States Postal Service, (ii) over the Internet, or (iii) by any other means of distribution are collectively referred to in this Agreement as the “Licensed Package”, which Licensee agrees to license (“License”).
This Agreement governs and relates to Licensee’s License of the Licensed Package and Licensee’s selection of, and payment for, one or more VantagePoint Products (hereinafter “Licensee’s Enabled Product(s)”) comprising specific Market Applications that are enabled for Licensee’s personal use (“Licensee’s Enabled Applications”) when Licensee registers VantagePoint on Licensee’s single computer. 
VantagePoint utilizes security procedures to prevent software piracy and to protect Licensee’s investment, which require Licensee to activate VantagePoint after installation by performing an initial activation (“Initial Activation”), to register VantagePoint, Licensee’s Enabled Product(s) and Licensee’s Enabled Applications (“Registration”) within the twenty-one (21) day period (“Registration Period”) following Initial Activation, and subsequently to  reactivate VantagePoint periodically (“Reactivation”) over the Internet on Licensee’s single computer. This Agreement will remain in effect until it is terminated in accordance with Section 19 below.    
Licensee acknowledges that competing products and services are readily available and that Licensee is free to return the Licensed Package within the timeframe and under the restrictions provided in this Agreement.  Therefore, Licensee waives any right to assert that this Agreement is an unconscionable, improper or illegal contract of adhesion.
1.         Non-exclusive License. Market Technologies hereby grants to Licensee a non-exclusive, non-assignable and non-transferable limited License to use Licensed Package subject to the terms and conditions set forth in this Agreement and subject to the payment by Licensee to Market Technologies of the necessary fees as specified by Market Technologies.  
2.         Use of Product.    
a.         As a courtesy to Licensee, all VantagePoint Products and all Market Applications will function during the Registration Period following the date of Initial Activation of VantagePoint by Licensee on Licensee’s computer. Licensee understands that Licensee must contact Market Technologies within the Registration Period to complete Registration of the Licensee’s Enabled Product(s) and Licensee’s Enabled Applications, so that they will continue to function in VantagePoint after the Registration Period.  If Licensee does not complete Registration of Licensee’s Enabled Product(s) and Licensee’s Enabled Applications within the Registration Period, VantagePoint will become disabled and will not function.  However, VantagePoint can be restored at any time by contacting Market Technologies to complete Registration of the Licensee’s Enabled Product and Licensee’s Enabled Applications.  
b.         If Licensee thereafter desires to enable additional Market Applications within Licensee’s previously Enabled Product(s), upon payment of prescribed fees to Market Technologies as Market Technologies may specify, Licensee shall be entitled to a new Registration from Market Technologies enabling the additional Market Applications to become part of  Licensee’s Enabled Applications operating on the same Licensee’s computer in accordance with the Licensee’s existing License.
c.         If Licensee thereafter desires to enable additional VantagePoint Product(s), upon payment of prescribed fees to Market Technologies as Market Technologies may specify for the additional VantagePoint Product(s) and Market Applications that Licensee wants to enable, Licensee shall be entitled to either: (1) a new Registration from Market Technologies allowing  the new VantagePoint Product(s) to be enabled and added to the Licensee’s Enabled Product(s) with  the additional Market Applications added to the Licensee’s Enabled Applications operating on the same Licensee’s computer in accordance with the Licensee’s existing License, or  (2) a new License for the additional Licensee’s Enabled  Product(s) and additional Licensee’s Enabled  Applications to be enabled and installed on a second Licensee’s computer.
3.         Restrictions on Use.      Licensee shall not copy, reprint, reproduce, duplicate or modify any part of Licensed Package (electronically or otherwise) or assist any other party in doing so either during or after the term of this Agreement.  Licensee agrees, during the term of this Agreement, not to create or attempt to create, by reverse engineering, reverse assembling, reverse compiling, decompiling or otherwise, source programs or materials that simulate or perform similar functions to those in Licensed Package or information made available to Licensee under this Agreement, or to enable or attempt to enable VantagePoint Products and/or Market Applications without Market Technologies’ permission and payment of prescribed fees to Market Technologies as Market Technologies may specify.  Licensee further agrees not to create derivative works based upon Licensed Package, or any part or Market Application thereof, or allow or authorize others to do so.  Licensee shall not rent, lease, or lend Licensed Package, provide commercial hosting services with Licensed Package or use Licensed Package in any form or by any means to provide trading advice or information to any third party for a fee, or post or distribute information based upon or derived from the output of the Licensed Package in any public or private forum including, but not limited to, print, the Internet, online chat, instant message, video, online forums, any form of newsletter (whether electronic or otherwise), radio or television, for any purpose,  including any commercial venture or purpose in which the Licensee seeks to receive a fee for service. Licensee represents and warrants that Licensee will not participate in any commercial or business venture whatsoever, wherein the use of and reliance on Licensed Package is in any way a part of said commercial business venture. Notwithstanding all of the above, Licensee may make one copy of any software programs contained in Licensed Package for purposes of backup only and may only transfer such copy to one of Licensee’s hard disks.  Any such copy made must include the appropriate copyright notice as contained on the copy in Licensed Package originally provided to Licensee.
4.         Restrictions on Disclosure.        Licensee shall not, at any time, lease, license, transfer, publish, disseminate, or disclose Licensed Package or any part thereof or any output derived from the use of Licensed Package, in whole or in part, in any form or by any means (including, but not limited to, any form of newsletter whether electronic or printed, public trading forum or website) to any third party for financial gain, except to execute trades in Licensee’s own brokerage account.  Licensee shall not use Licensed Package or any part thereof on more than one computer at any time whether on a network or otherwise.  If Licensee intends to use Licensed Package in the furtherance of Licensee’s business enterprise or for any commercial business venture, Licensee shall not use Licensed Package without first agreeing to the Commercial Business Addendum to this Agreement and payment of the fees prescribed by Market Technologies for such use.
5.         Liability for Unauthorized Use or Disclosure. Licensee acknowledges that any unauthorized use or disclosure of Licensed Package will diminish the value of Market Technologies and its products and will cause irreparable and continuing damage to Market Technologies for which an adequate legal remedy will not exist. Accordingly, Licensee stipulates that, if it breaches any of its covenants in this Agreement, Market Technologies will be entitled to an entry of a court order granting specific performance or injunctive relief, without requirement of a bond or proof of monetary damage or an inadequate remedy at law, in addition to all other remedies available at law or equity. 
6.         Title.     Licensee acknowledges that all title to and ownership rights in Licensed Package and any part thereof, including, without limitation, all VantagePoint Products and Market Applications including but not limited to all Licensee’s Enabled Products and all Licensee’s Enabled Applications, all derivative works, customizations, enhancements, modifications, improvements, derivations or other changes thereto (herein collectively referred to as the “Licensed Package & All Derivations”), all Updates (as defined below), and all underlying patent, copyright, trade secret, trademark and other intellectual property rights, are owned and/or exclusively licensed by Market Technologies.  Licensee shall not acquire any rights in Licensed Package & All Derivations of such Licensed Package, or any part thereof, or in any Update by virtue of this Agreement.  Market Technologies shall retain all title to and rights in physical materials included in Licensed Package and licensed under this Agreement.
7.         Disclaimer of Warranties.          MARKET TECHNOLOGIES’ SOLE AND EXCLUSIVE WARRANTY IS THAT THE CD-ROM DISK, IF FURNISHED TO LICENSEE, IS FREE FROM DEFECTS IN MATERIALS AND WORKMANSHIP UNDER NORMAL USE FOR A PERIOD OF NINETY (90) DAYS FROM THE DATE OF INITIAL RECEIPT (AS DEFINED IN SECTION 8) BY LICENSEE.  If, under normal use, the CD-ROM disk(s) has such a defect within the first ninety (90) days from the Date of Initial Receipt, Licensee is entitled to replacement of the defective disk(s) in accordance with Section 9 of this Agreement.  LICENSEE ACKNOWLEDGES THAT MARKET TECHNOLOGIES HAS NOT REPRESENTED OR WARRANTED THAT THE USE OF, OR ACCESS TO, THE LICENSED PACKAGE WILL BE UNINTERUPTED, ERROR FREE OR WITHOUT INACCURACIES OR DELAY DUE TO ANY NUMBER OF FACTORS INCLUDING WITHOUT LIMITATION NATURAL CATASTROPHIES; GOVERNMENTAL ACTS; POWER FAILURE, BREAKDOWNS OR FAILURE OF COMMUNICATIONS SYSTEMS OR THE INTERNET; PERIODIC SYSTEM MAINTENANCE, SCHEDULED OR UNSCHEDULED; TECHNICAL FAILURE OF THE LICENSED PACKAGE, TELECOMMUNICATIONS INFRASTRUCTURE, OR DELAY OR DISRUPTION ATTRIBUTABLE TO VIRUSES, DENIAL OF SERVICE ATTACKS, INCREASED OR FLUCTUATING DEMAND, AND ACTIONS OR OMISSIONS OF THIRD PARTIES. LICENSEE ACKNOWLEDGES THAT MARKET TECHNOLOGIES MAKES NO REPRESENTATIONS CONCERNING THE SUITABILITY OF LICENSED PACKAGE FOR USE BY LICENSEE, AND THAT LICENSEE SHOULD DETERMINE FOR HIMSELF OR ITSELF WHETHER, AND TO WHAT EXTENT, THE USE OF LICENSED PACKAGE IS SUITABLE FOR LICENSEE. LICENSEE FURTHER ACKNOWLEDGES AND UNDERSTANDS THAT MARKET TECHNOLOGIES MAKES NO CLAIMS, GUARANTEES, PROMISES OR WARRANTIES TO LICENSEE, EITHER EXPRESS OR IMPLIED, OF ANY NATURE WITH RESPECT TO LICENSED PACKAGE, OR ANY PART THEREOF; OR TO THE USE THEREOF OR AS TO THE RESULTS OR OUTPUT OF THE USE OF LICENSED PACKAGE; OR AS TO ANY CONDITION, QUALITY, PERFORMANCE, CORRECTNESS, ACCURACY, PROFITABILITY, PREDICTIVENESS, TIMELINESS, OPERATION, OR RELIABILITY THEREOF; OR TO THE INTERACTION (OR FAILURE TO INTERACT PROPERLY) WITH ANY OTHER HARDWARE OR SOFTWARE WHETHER PROVIDED BY MARKET TECHNOLOGIES OR A THIRD PARTY; OR AS TO THE MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OF LICENSED PACKAGE WITH RESPECT TO ANY PROPOSED USE BY LICENSEE. MARKET TECHNOLOGIES DOES NOT REPRESENT OR WARRANT THAT THE MARKETS COMPRISING THE MARKET APPLICATIONS WILL BEHAVE AS INDICATED BY THE OUTPUT DERIVED FROM THE USE BY LICENSEE OF LICENSED PACKAGE.  MARKET TECHNOLOGIES MAKES NO CLAIMS, GUARANTEES, PROMISES OR WARRANTIES TO LICENSEE WITH RESPECT TO ANY PROFITS FROM TRADING ON THE BASIS OF, OR IN RELIANCE ON, LICENSED PACKAGE OR THE USE THEREOF.   Licensee acknowledges that Market Technologies is not a market data provider, that Licensee will need to obtain and download daily end-of-day data compatible to VantagePoint from an independent, third-party data provider at Licensee’s sole expense, and that Market Technologies and VantagePoint do not have mechanisms for, and do not endeavor to detect, errors, omissions, data non-delivery, data mis-delivery or other problems with the data provided by Licensee’s data provider, and that it is the data provider’s, not Market Technologies’, duty to notify Licensee of any such errors, omissions, or other problems with the data provided.  Accordingly, Market Technologies shall not be responsible for any errors, omissions or other problems in the data used by Licensee in conjunction with Licensed Package or any disruptions in the provision or transmission of such data by the Licensee’s data provider to the Licensee’s computer, which could cause the Licensed Package to generate incorrect, incomplete, or intermittent information that, if relied upon by Licensee, could result in misinformed trading decisions and potentially substantial losses. 
8.         Date of Initial Receipt.  It is understood that the Date of Initial Receipt by Licensee is the earlier of: (a) the date that Licensed Package was delivered to the address provided to Market Technologies by Licensee and signed for by an adult at that address, (b) the date that Market Technologies sent an email to the email address given to Market Technologies by the Licensee, in which the email contained a link to allow the Licensee to download VantagePoint from Market Technologies’ website over the internet, or (c) the date that Market Technologies hand-delivered the Licensed Package to the Licensee at Market Technologies’ place of business.
9.         Damages.         Market Technologies' entire and maximum liability shall be for replacement of any defective disk.  NEITHER MARKET TECHNOLOGIES NOR ITS EMPLOYEES, OFFICERS, MANAGERS, MEMBERS, OR DIRECTORS SHALL BE LIABLE FOR ANY DAMAGES OR CLAIMS ARISING OUT OF, RELATED TO, OR IN CONNECTION WITH, THE USE OR PERFORMANCE OF LICENSED PACKAGE, INCLUDING, BUT NOT LIMITED TO, SPECIAL, DIRECT, INCIDENTAL, LOST PROFITS, DIMINUTION IN VALUE, PROPERTY DAMAGE, CONSEQUENTIAL OR OTHER DAMAGES FOR ANY TYPE OF DAMAGE, INJURY OR LOSS, INVASION OR LOSS OF PRIVACY, OR FOR BREACH OF ANY DUTY (INCLUDING BUT NOT LIMITED TO ANY DUTY OF GOOD FAITH, NEGLIGENCE OR OF WORKMANLIKE EFFORT), HOWEVER CAUSED, OR UNDER ANY THEORY OF LIABILITY, WHETHER BASED IN CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, PATENT INFRINGEMENT, TRADEMARK INFRINGEMENT, COPYRIGHT INFRINGEMENT, OR OTHERWISE AND REGARDLESS OF WHETHER EITHER PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGE.  THIS EXCLUSION SHALL APPLY DESPITE ANY DEFECT, ERROR, INCOMPLETENESS, OMISSIONS OR INACCURACIES IN VANTAGEPOINT, DOCUMENTATION OR OTHER MATERIALS CONTAINED IN LICENSED PACKAGE OR IN ANY PRODUCT OR SERVICE FURNISHED TO LICENSEE BY MARKET TECHNOLOGIES IN CONNECTION THEREWITH, AND THIS EXCLUSION SHALL LIKEWISE APPLY EVEN IF MARKET TECHNOLOGIES HAS BEEN ADVISED OF THE EXISTENCE OR A POSSIBILITY OF ANY DEFECT, ERROR, INCOMPLETENESS, OMISSIONS, INACCURACIES OR SUCH DAMAGES OR CLAIM.  LICENSEE ACKNOWLEDGES THAT LICENSEE BEARS ALL RISK FROM ANY USE BY LICENSEE OF THE LICENSED PACKAGE AND THAT MARKET TECHNOLOGIES IS NOT RESPONSIBLE FOR ANY DAMAGES OR LOSSES SUSTAINED BY LICENSEE, INCLUDING BUT NOT LIMITED TO ANY DAMAGES TO LICENSEE’S COMPUTER, SOFTWARE, INTERNET CONNECTION, TELEPHONE, DATA FILES OR OTHER PROPERTY RESULTING FROM LICENSEE’S USE OF LICENSED PACKAGE.
10.       Updates.          Market Technologies agrees, but is not obligated, to advise Licensee of any modifications, neural network retrainings, enhancements and updates to Licensed Package (herein referred to collectively as “Updates”) as they are released by Market Technologies provided that Licensee has kept Market Technologies current with updated contact information including email address, mailing address, cell and daytime telephone number. Licensee agrees to put Market Technologies’ email address into his email application whitelist to avoid having spam filters block emails sent by Market Technologies to Licensee. Upon payment of prescribed fees to Market Technologies, as Market Technologies may specify from time to time for such Updates, Licensee will be entitled to receive and use such Updates in accordance with Section 26 of this Agreement.  If Licensee chooses not to pay for such Updates as they become available, Licensee will still be entitled to continue to use previous versions of Licensed Package that Licensee had paid for. However, it is understood that such previous versions may no longer undergo any further modifications, neural network retrainings, improvements or enhancements by Market Technologies in its sole discretion.  Upon receipt of any Updates, if requested by Market Technologies to do so, Licensee agrees immediately to return to Market Technologies all previous versions of Licensed Package then in his or its possession or to delete and remove them from Licensee’s computer.  
11.            Mandatory On-Line Activation.
a)      Licensee acknowledges that Licensee, at Licensee’s sole expense, is responsible for and must provide all computer hardware, Internet connection, telephone and other equipment, and operating system software necessary to comply with the requirements needed for Initial Activation, Registration, and Reactivation of VantagePoint and that such Initial Activation, Registration, and Reactivation are based on the exchange of information between Licensee’s computer and Market Technologies through an Internet connection.  Licensee acknowledges that there are technological measures in VantagePoint that are designed to prevent unlicensed or illegal use of VantagePoint, and that Market Technologies may use such measures, which may include installing them on Licensee’s computer to verify Licensee’s compliance with the terms of  this Agreement. Licensee agrees to adhere to any requirements regarding such measures.
b)      Licensee agrees that it will not take any action that imposes an unreasonable or disproportionately large load on Market Technologies’ on-line activation infrastructure. If it is determined that Licensee took action with the malicious intent of disrupting, destroying, or overloading Market Technologies’ on-line activation infrastructure, Licensee will be liable to Market Technologies for any and all available legal and equitable remedies. Such remedies would include but not be limited to reimbursing Market Technologies for all costs associated with returning the infrastructure to its normal operating level and reimbursing Market Technologies for any lost profits resulting from the disruption, destruction, or overload of its infrastructure.
12.       Customer Support.       Market Technologies agrees to provide Licensee with reasonable telephone customer support (herein referred to as "Initial Support") for a period of twelve (12) months from the Date of Initial Receipt of Licensed Package by Licensee. A non-cancelable, non-transferable, annual prepaid customer support plan (“Paid Customer Support”) is available upon the expiration of the Initial Support period during the product lifecycle of Licensed Package.  Neither Market Technologies, nor its affiliates, in the performance of providing Initial Support or Paid Customer Support services, provides or offers trading advice, strategies or systems of any kind. The sole purpose of support services is to assist Licensee in the use of the Licensed Package.
13.       Exchanges and Deactivation.     Licensee is entitled to exchange one or more Licensee’s Enabled Applications for other Market Applications in the same Licensee’s Enabled Product and is entitled to deactivate VantagePoint from one computer and install and register it on another computer, at the then-prevailing prescribed fees set by Market Technologies.
14.       Speculative Nature.      Licensee acknowledges and understands the speculative nature of the commodities futures and financial markets and recognizes the high degree of risk involved in participating in such markets, with or without the use of Licensed Package.  Licensee acknowledges and understands that Licensed Package provides information regarding possible future market movements based upon historical analysis of past market movements, that Licensed Package does not provide specific trade recommendations including buy and sell signals, that the individual markets comprising the Market Applications may not behave as indicated by the output derived from the use by Licensee of Licensed Package and that Licensee bears the sole risk for all orders for trades placed by Licensee as a result of considering such output. Licensee also acknowledges that VantagePoint and documentation furnished by Market Technologies in Licensed Package are an analytic tool only and are not intended to replace Licensee’s individual research or receipt of professional investment advice, and that neither the Licensed Package nor the Initial Support or Paid Customer Support related to the Licensee’s use of the Licensed Package constitute the provision of trading advice or an endorsement or recommendation by Market Technologies of any trading methods, programs, systems, or routines, based on, or tailored to, any positions or other circumstances or characteristics of Licensee or anyone else, or otherwise. Licensee further acknowledges that individual performance in the financial markets depends upon numerous factors including individual skills and experience at performing technical analysis, knowledge of and familiarity with the markets, effectiveness of individual decision making and decisiveness, and time availability to devote to analyzing and trading the markets, among other factors. IT IS EXPRESSLY UNDERSTOOD THAT NEITHER THIS AGREEMENT, NOR ANY STATEMENT, REPRESENTATION, OR ASSERTION WITHIN THIS AGREEMENT OR ANY PROMOTIONAL MATERIALS LICENSEE HAS REVIEWED OR ANY OTHER ORAL OR WRITTEN STATEMENT OR REPRESENTATION MADE BY MARKET TECHNOLOGIES OR ITS AGENTS OR REPRESENTATIVES MAKES OR CONSTITUTES ANY GUARANTEE OF, OR REPRESENTATION RELATING TO, PERFORMANCE OF LICENSED PACKAGE  INCLUDING THAT OF ITS PREDICTIVE ACCURACY AT FORECASTING MARKET PRICES OR TRENDS AND THAT MARKET TECHNOLOGIES ALSO MAKES NO GUARANATEE OF PERFORMANCE EITHER IN THIS AGREEMENT OR OTHERWISE.  IT IS ALSO UNDERSTOOD THAT VANTAGEPOINT IS AN ANALYTIC TOOL AND NOT A TRADING SYSTEM AND THAT MARKET TECHNOLOGIES MAKES NO REPRESENTATIONS OR GUARANTEES THAT LICENSEE WILL MAKE PROFITS AND/OR NOT SUFFER ANY LOSSES FROM TRADING BASED ON, OR IN RELIANCE ON, LICENSED PACKAGE OR THE USE THEREOF.   LICENSEE ASSUMES FULL RESPONSIBILITY TO MAKE HIS OR ITS OWN TRADING DECISIONS INVOLVING ENTRIES, EXITS, AND STOP PLACEMENTS, BASED UPON HIS OR ITS OWN ASSESSMENT OF HIS OR ITS TRADING STYLE, OBJECTIVES, RISK PROPENSITY, RISK CAPITAL, EXPERTISE AND EXPERIENCE AS A TRADER ALL OF WHICH CAN INFLUENCE LICENSEE’S TRADING RESULTS SUCH THAT HIS OR ITS PERFORMANCE RESULTS MAY BE BETTER OR WORSE THAN THAT OF OTHER TRADERS INCLUDING THOSE WHO MAY ALSO BE USING LICENSED PACKAGE AT THE SAME TIME. UNDER NO CIRCUMSTANCES IS MARKET TECHNOLOGIES RESPONSIBLE FOR LICENSEE’S TRADING RESULTS OR PERFORMANCE BASED UPON THE TRADING DECISIONS THAT LICENSEE MAKES.  FURTHERMORE, IT IS UNDERSTOOD THAT HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW.  LICENSEE AGREES THAT NO REPRESENTATION IS BEING MADE OR HAS BEEN MADE THAT ANY ACCOUNT OR TRADE WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN IN LICENSED PACKAGE OR IN ANY OF MARKET TECHNOLOGIES’ PROMOTIONAL MATERIALS.  IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.  ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT.  IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING.  FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS.  THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS, IN GENERAL, OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM, WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS, AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.  MARKET TECHNOLOGIES HAS HAD LITTLE OR NO EXPERIENCE IN TRADING ACTUAL ACCOUNTS FOR ITSELF OR FOR CUSTOMERS.  SINCE THERE ARE NO ACTUAL TRADING RESULTS TO COMPARE TO THE HYPOTHETICAL PERFORMANCE RESULTS, LICENSEE SHOULD BE PARTICULARLY WARY OF PLACING UNDUE RELIANCE ON THESE HYPOTHETICAL PERFORMANCE RESULTS.
15.       Hold Harmless; Indemnification; Release; Covenant Not to Sue.            Licensee acknowledges it is fully aware of the hazards and risks, including financial risks, associated with trading in commodity and financial futures, Forex, ETF and equities and the use of Licensed Package.  In part consideration of the License granted herein, Licensee agrees to release, indemnify and hold harmless Market Technologies, its successors, affiliates and assigns, and each of their respective officers, members, managers, directors, employees, contractors, insurers and agents (collectively, the “Releasees”), and waives with respect to each Releasee, and covenants not to sue any Releasee for, any and all liabilities, claims, demands, actions, causes of action, damages, losses and expenses (including, but not limited to, attorneys’ fees and costs) of any nature whatsoever (collectively, the “Liabilities”) arising out of or in connection with Licensee’s use of Licensed Package or trading decisions and payment of any fees associated with the License, Updates or Paid Customer Support. Such hold harmless, release, discharge, waiver and covenant not to sue shall include but not be limited to any Liabilities caused, in whole or in part, by the negligence (of any type) of any Releasee in connection with Licensed Package or the promotion or marketing thereof.  However, such Liabilities shall not include Market Technologies’ obligation, under Section 9 above, to replace a defective CD-ROM Disk.  
16.       Intended Use.   It is agreed by the parties that commodity and financial futures, Forex, ETF and equities traders in the furtherance of their investment pursuits are the intended users of Licensed Package.  Licensed Package is not designed for educational use or uses outside the commodity and financial futures, Forex, ETF and equities fields.  Licensee hereby represents to Market Technologies that Licensee is aware of the risks associated with the commodity and financial futures, Forex, ETF and equities fields and any program of trading therein. 
17.       Export Restrictions. Licensee acknowledges that Licensed Package is subject to U.S. export jurisdiction.  Licensee agrees to comply with all applicable international and national laws that apply to Licensed Package, including the U.S. Export Administration Regulations, as well as end-user, end-use, and destination restrictions issued by U.S. and other governments and shall pay all tariffs, duties and fees where applicable.
18.       Governing Law, Jurisdiction, and Venue.           This Agreement shall be governed, interpreted and construed in accordance with the decisional laws of the State of Florida.  This choice of law provision is intended to operate to the exclusion of (a) any choice of law or other law or provision that would result in this Agreement or any disputes arising out of or related to this Agreement being resolved by the decisional laws of any other state or country and (b) any law or convention that would otherwise apply including, but not limited to, the United Nations Convention on Contracts for the International Sale of Goods.  If awarded, the total of all damages due to Licensee shall be in accordance with Section 9 above. The parties hereby both knowingly, voluntarily, intentionally and irrevocably agree to waive any right to have any issue resolved by a jury and cede to the Court all matters of law and fact for resolution. Licensee and Market Technologies each agree that the exclusive venue for bringing and maintaining any action arising out of, related to, or in connection with this Agreement shall be in Hillsborough County, Florida or federal court for the Middle District of Florida, Tampa Division.  Licensee and Market Technologies agree that, if Licensee brings any action or proceeding against Market Technologies in any other venue in violation of this forum selection clause and Market Technologies is the prevailing party on a motion to dismiss for improper venue or motion to transfer venue, Market Technologies will be immediately entitled to recover its costs and attorney’s fees associated with such motion.  Licensee hereby irrevocably consents to personal jurisdiction in the State of Florida and hereby waives any claim or defense that such venue is not convenient or proper, and consents to service of process by any means authorized by Florida law.
19.       Term.   This Agreement shall remain in effect until terminated by one or more of the following occurrences:
a.         Breach by Licensee of any term or condition of this Agreement; provided that, except as set forth below, Market Technologies shall give Licensee written notice of such termination at the last known address of Licensee.  If Licensee fails to cure such breach within ten (10) days after such notice, Licensee shall immediately cease all use of Licensed Package. 
b.         Without notice, upon breach by Licensee of any of the conditions set forth in Section 3 or Section 4 above.
Upon termination due to any occurrence enumerated in Subsections 19(a) or 19(b) above, Licensee shall immediately return to Market Technologies the Licensed Package & All Derivations and all Updates in Licensee’s possession, including all copies, documentation, and materials, without refund or credit and without prejudice to any other rights Market Technologies may have.
20.       Refund.  Licensed Package may be returned at Licensee’s expense for a partial refund (excluding a $495.00 refund processing fee) provided that Licensee meets each of the following conditions: (a) Licensee must contact Market Technologies by telephone during its normal business hours to facilitate the deactivation of VantagePoint from Licensee’s computer; (b) If Licensee received the Licensed Package on a CD-ROM, the original CD-ROM containing VantagePoint must be returned to Market Technologies (as specified herein) and postmarked by Licensee within fifteen (15) calendar days from the Date of Initial Receipt by Licensee (“Return Period”). It is strongly encouraged that Licensee use a traceable, overnight carrier to ensure compliance with the provisions of this section, as there will be no exceptions should this time frame not be met. Alternatively, if VantagePoint was downloaded from Market Technologies’ website by Licensee over the Internet, Licensee must delete VantagePoint in its entirety from Licensee’s computer and confirm in writing within the Return Period that Licensee has done so;  (c) the Licensee executes and returns a License Termination and Release Agreement (the “Termination Agreement”). Upon request by You, at any time either prior to or after executing this Agreement, a copy of the Termination Agreement will be emailed to You by Market Technologies; and (d) Market Technologies receives the Termination Agreement executed by Licensee, postmarked within ten (10) days from the date that Market Technologies sent the Termination Agreement to Licensee. Market Technologies will only issue the refund amount after all four of the foregoing conditions have been met.  If all four of the foregoing conditions have not been met, Licensee shall not be entitled to any refund, notwithstanding Licensee’s completion of one or more of the foregoing conditions.  A return must include all versions, parts, VantagePoint Products and Market Applications of Licensed Package & All Derivations and all Updates then within the care, custody or control of Licensee, including the user documentation and related materials, including any promotional offers that were made available to Licensee.  Subsequent licensing of additional Updates or components, and/or enabling of VantagePoint Products or Market Applications or add-ons of any kind for the benefit of the Licensee does not extend the Return Period for any previous Licensee’s Enabled Product(s), Licensee’s Enabled Applications or previous versions of VantagePoint. Additional VantagePoint Products and/or Market Applications enabled through a new Registration and operating on the same Licensee’s computer under the Licensee’s existing License, in accordance with Sections 2(b) and 2(c)(1),  does not establish a new Return Period for the newly enabled VantagePoint Products or Market Applications.   It is incumbent on Licensee to call Market Technologies at (813) 973-3875, Monday through Friday, 9:00 AM to 5:00 PM Eastern Standard Time to deactivate VantagePoint from Licensee’s computer.  
IF LICENSEE RETAINS LICENSED PACKAGE BEYOND THE RETURN PERIOD, IT IS UNDERSTOOD THAT LICENSEE WILL NOT BE ENTITLED TO A REFUND OF THE FEE PAID BY LICENSEE FOR LICENSEE’S ENABLED PRODUCT(S) AND THEIR RESPECTIVE LICENSEE’S ENABLED APPLICATION(S)  FOR ANY REASON REGARDLESS OF THE CIRCUMSTANCES.
21.       Successors.      It is agreed that the benefits and the burdens of this Agreement shall inure to the benefit of and be binding upon Market Technologies, its successors and assigns, and Licensee, his or its successors, heirs, and personal representatives.
22.       Attorney’s Fees.  In the event Market Technologies should be required to take legal action to enforce any of the provisions of this Agreement, Market Technologies may recover its reasonable Attorney’s fees (up to and including any appellate proceedings) and costs from the Licensee whether or not litigation results.  This Section shall be construed as an agreement, independent of any other provision in this Agreement, and the existence of any claim or cause of action on the part of Licensee against Market Technologies, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement by Market Technologies of the provisions of this Section.
23.       Construction.    Section headings and pronouns are included solely for convenient reference and shall not control the meaning or the interpretation of any of the provisions of this Agreement.
24.       Entire Agreement. The parties agree that this Agreement is the entire License Agreement between them governing the use of Licensed Package by the Licensee and supersedes any proposal or prior agreement, oral or written, or any other communications between them relating to the subject matter hereof.  
25.       Modifications.  The parties agree that this Agreement cannot be changed by any oral statements, but only by a license agreement modification (“License Agreement Modification”).  The Licensee must execute and return a License Agreement Modification and Market Technologies must receive the License Agreement Modification executed by Licensee, postmarked within ten (10) days from the date that Market Technologies sent the License Agreement Modification to Licensee. The License Agreement Modification shall become effective (the “Effective Date”) upon receipt by Market Technologies. 
26.       Changes to Licensed Package.  The parties agree that this Agreement shall govern and control all obligations of Licensee with respect to the current version of the Licensed Package licensed to the Licensee and that any updated and subsequent versions of Licensed Package provided to the Licensee by Market Technologies in accordance with Section 10 of this Agreement shall be governed by the version of the License Agreement accepted by the Licensee when installing such updated and subsequent versions of VantagePoint on Licensee’s single computer; provided, however, that, this version of the License Agreement shall control if the installation and/or use of such updated and subsequent versions of VantagePoint are not supported by consideration. Obligations of the Licensee with respect to the enabling of additional VantagePoint Product(s) and/or Market Applications on the Licensee’s existing computer, or the licensing of VantagePoint on a Licensee’s second computer, shall be governed and controlled by the applicable License in accordance with Section 2(b) and 2(c) of this Agreement at the time the new VantagePoint Products and/or Market Applications are enabled on the Licensee’s initial computer, or VantagePoint is installed on the Licensee’s second computer under a new License. 
27.       No Fraud or Reliance on Market Technologies Representations.  Licensee further acknowledges and agrees that Licensee entered into this Agreement based solely upon the terms contained within this Agreement and without relying upon any oral or written inducements, statements or representations by Market Technologies or its agents or representatives that are not set forth in this Agreement.  
28.       Severability.  If any provision of this Agreement is held for any reason to be unenforceable by a court of competent jurisdiction, the remainder of this Agreement will, nevertheless, remain in full force and effect in that jurisdiction. 
29.       Non-acceptance of Agreement. If Licensee does not accept the terms of this Agreement for any reason, then Licensee must contact Market Technologies to deactivate and remove VantagePoint from Licensee’s computer, or if the Licensed Package was sent to the Licensee on a CD-ROM, the Licensee must obtain a Return Merchandise Authorization number ("RMA") within five (5) calendar days from the Date of Initial Receipt by Licensee of Licensed Package, must display the RMA number prominently on the outside of the Licensed Package, and must return all materials comprising Licensed Package to Market Technologies postmarked by Licensee within ten (10) calendar days from the Date of Initial Receipt by Licensee of Licensed Package, for a partial refund, excluding any credit card processing fees incurred by Market Technologies, and its initial shipping and handling charges if applicable. 
30.       Additional Acknowledgements.  LICENSEE FURTHER ACKNOWLEDGES THAT LICENSEE HAS CAREFULLY READ THIS AGREEMENT, HAD SUFFICIENT OPPORTUNITY TO CONSULT WITH LEGAL COUNSEL OF LICENSEE’S CHOICE BEFORE ENTERING INTO THIS AGREEMENT AND/OR CONTINUING WITH THE INSTALLATION OF VANTAGEPOINT, UNDERSTANDS LICENSEE’S RIGHTS AND OBLIGATIONS UNDER THE AGREEMENT, AND THAT THE INSTALLATION BY LICENSEE OF VANTAGEPOINT ON THE LICENSEE’S COMPUTER IS AN ACCEPTANCE BY THE LICENSEE OF ALL OF THE TERMS AND CONDITIONS OF THIS AGREEMENT.
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