Disclaimer

Use of the Momentum Rider Web site (the “Site”) as well as the information and content posted on the Site, the Momentum Rider products and services offered via the Site and the Momentum Rider Stock Trading System (the content, products, services and Momentum Rider Stock Trading System to be referred to collectively hereinafter as the “Materials”) is at your own risk. If dissatisfied with the Site or the Materials your sole and exclusive remedy is to discontinue accessing and using the Site and the Materials.  Your use of the Site and the Materials is subject to the Terms of Access and Use Policy, the Terms of Service, the Terms of Sale, the End User License Agreement and any other agreements that you have accepted as a condition to access and use the Site and the Materials. Investing in securities and options is highly speculative and carries a high degree of risk. It is possible that an entire investment may be lost or impaired due to the speculative nature of investing in the stock market. Although Jalexa and its third party service providers attempt to provide accurate and timely information, neither Jalexa nor its third party service providers guarantee the accuracy, timeliness, or completeness of such information, and provide no warranty regarding any results from the use of or reliance on such information. Assumptions, opinions and estimates have been made in the judgment of the employees, consultants or analysts of Jalexa and its third party service providers (collectively “Employees”) as of the date the Materials are made available and are subject to change without notice. The Materials may quickly become unreliable for reasons including changes in economic circumstances, and Jalexa and its third party service providers are not obligated to update the relevant Materials. Nothing contained on the Site or in the Materials shall be deemed a solicitation, recommendation, endorsement, or offer by Jalexa or its third party service providers to buy or sell any securities or other financial instruments.

All investors should make their own decisions, conduct their own research and due diligence, and obtain professional advice prior to making any investment decision. Securities, financial instruments, or strategies described on the Site or in the Materials may not be suitable for all investors. The Site and the Materials do not take into account any particular investment objectives, financial situations or needs, and are not intended as a recommendation for particular securities, financial instruments or strategies.  Before acting on any information contained in the Site or the Materials, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. You should not merely take action on stock or option watch lists, hot lists, newsletters, model portfolios or other recommendations or information offered by Jalexa. Your research should include, but not be limited to, each company’s quarterly and annual reports, SEC filings, press releases and financial statistics. Information that may be helpful in doing such research may be found at Web sites, including without limitation the Securities and Exchange Commission at http://www.sec.gov, the National Association of Securities Dealers at http://www.finra.org/index.htm, and the SEC’s EDGAR Web site at http://www.sec.gov/index.htm

Options involve risks and are not suitable for everyone. Option trading can be speculative in nature and carry substantial risk of loss. Prior to buying or selling an option, an investor should read and understand the booklet “Characteristics and Risks of Standardized Options.” You can access and download a copy of the booklet on The Options /Clearing Corporations (OCC) website at http://www.theocc.com/about/publications/character-risks.jsp. This link reference is provided as a courtesy and does not imply that the OCC is endorsing Jalexa or the Momentum Rider Stock Trading System. This booklet is also available for free from your broker or from any of the U.S. options exchanges.

The Site and the Materials may contain predictions regarding the future performance of certain stocks, which may be construed as “forward-looking statements” within the language of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated. Risks, uncertainties, changes, conditions, and unforeseen acts, and can materially and adversely alter the expectations contained in any such forward looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance may be considered “forward-looking statements”. Forward-looking statements may be identified through the use of words such as “expect”, “anticipate”, “estimate”, “believe”, or by statements indicating certain actions “may”, “could”, or “might” occur; among others. Forward-looking statements are inherently uncertain, and the actual results may differ from our expectations. Past performance of any stock profiled by Jalexa or a Third Party Content Provider is not indicative of future results. At no time should any past performance be used to predict future returns.  Jalexa makes no guarantee of any future performance, volatility, volume, or price increases or decreases of any security we profile.

Neither Jalexa nor its third party service providers is an investment adviser within the meaning of any federal or state law, rule or regulation or a fiduciary to any subscriber or other investor under any federal or state law, rule or regulation including without limitation the federal Employee Retirement Income Security Act of 1974. No client, advisory, fiduciary, or professional relationship is implicated or established between you and Jalexa or any third party service provider. Neither Jalexa nor any third party service provider is engaged in providing auditing, accounting, financial tax, legal, advisory consultant or other professional service or advice.

The views expressed in the materials reflect the personal views of the Employees. No part of the Employees’ compensation is directly or indirectly related to the specific recommendations or views expressed in the materials. Employees or directors of Jalexa or its third party service providers may or may not actively trade in investments discussed on the Site, or in the Materials (whether before or after information regarding investments is made available on the Site or in the Materials), and they may increase or decrease these positions without notice. Information provided on the Site and in the Materials should not be regarded as legal, tax, accounting or investment advice.

The information provided on the Site or in the Materials may include information provided by outside sources, such as research reports, public filings or computer databases and information provided to Jalexa by management of a profiled company. Jalexa does not represent, warrant or guarantee the accuracy or completeness of the disclosures by the profiled companies. You should not rely solely on the information presented, but should use the information provided by the profiled companies as a starting point for doing your own additional independent research on the profiled companies in order to form your own opinion regarding investing in the profiled companies. The receipt of this information shall not create, under any circumstances, any implication that there has been no change in the affairs of the company profiled since the date of the review. The analyses contained in this site are not complete studies of the featured companies. Jalexa makes no claim that it has fully investigated the financial, accounting or business practices of the companies or markets that we have profiled.

There are numerous risks involved in trading in securities and options, including using the Momentum Rider Trading System. This disclosure does not cover all of the risks involved in trading, and you should consult with your advisers regarding these risks. The securities markets are highly volatile and successful trading requires skill. Trading in securities is a highly speculative activity, and traders must ensure that they are able to bear all losses. There can be no assurance that your investment objectives will be achieved or that by using the Momentum Rider Trading System, you will not lose all or a portion of your investments. The investment returns and principal value of securities will fluctuate over time. All investments carry a degree of risk, and it is important to review investment objectives, risk tolerance, tax objectives, and liquidity needs before choosing an investment style.

The Momentum Rider Stock Trading System recommendations may include short sales, which generally involve an even higher degree of risk than other transactions. Short sales are transactions in which an investor sells a security it does not own, in anticipation of a decline in the market value of the security. To complete the transaction, the investor must borrow the security to make delivery to the buyer. The investor is obligated to replace the borrowed security by purchasing it at the market price at or prior to the time of replacement. The price at the time of replacement may be more or less than the price at which the security was sold by the investor. The investor is also required to repay the lender any dividends or interest that may accrue during the period of the loan. To borrow the security, the investor may be required to pay a premium, which would increase the cost of the security sold. As with all securities transactions, transaction costs will also be incurred in effecting short sales.

An investor will incur a loss as a result of the short sale if the price of the security increases between the date of the short sale and the date on which the investor replaces the borrowed security. A gain will be realized if the security declines in price between those dates. The amount of any gain will be decreased, and the amount of any loss increased, by the amount of the premium, dividends, interest or expenses the investor may be required to pay in connection with a short sale. An increase in the value of a security sold short by the investor over the price at which it was sold short will result in a loss to the investor, and there can be no assurance that the investor will be able to close out the position at any particular time or at an acceptable price. The investor’s market risk in connection with a short sale is unlimited in that the increase in the market price of the security sold short is unlimited. Other types of securities, including options, carry their own special risks. You should consult with your advisers before implementing any Momentum Rider Stock Trading System recommendations.

Past performance does not guarantee, and is not indicative of, future results. Performance results shown on the Site reflect the performance of hypothetical accounts and do not reflect the performance that can be expected by another account. The performance results shown do not reflect the reinvestment of dividends and other earnings, if any, but do reflect the deduction of model trading and other expenses, which may be higher or lower than actual expenses incurred by investors. The hypothetical model portfolios on which the performance results shown are based cannot be replicated because of differences in market conditions; subscriber-imposed and other investor investment restrictions; the timing of investments and withdrawals; tax considerations; economies of scale; portfolio turnover; the number, type, availability, and diversity of securities that can be purchased at a given time; and other factors. Performance results may vary significantly from the performance results shown on this site and will depend primarily on your skill and experience in making investments. No chart, formula, investment style, or other device should in and of itself be used to determine which securities to buy or sell, or when to buy or sell them.

Jalexa and its members, Employees, affiliates and subscribers may have long or short positions (or options or warrants relating to such positions) in any of the securities or sectors discussed on the site and may purchase or sell these securities, options or warrants from time to time in the open market or otherwise, which may be at different times (including prior to information regarding those securities or sectors is made available on the site) and prices than those reflected on the site.

NEITHER JALEXA NOR ANY OTHER PARTY INVOLVED IN CREATING, PRODUCING, OR DELIVERING THIS SITE OR THE MATERIALS SHALL BE LIABLE FOR ANY INCIDENTAL, CONSEQUENTIAL, INDIRECT, SPECIAL, PUNITIVE, OR ANY OTHER DAMAGES ARISING OUT OF YOUR ACCESS TO, OR USE OF, THE SITE AND THE MATERIALS. ADDITIONALLY, NEITHER JALEXA NOR ANY OTHER PARTY INVOLVED IN CREATING, PRODUCING, OR DELIVERING THE SITE OR THE MATERIALS IS LIABLE TO ANY INVESTOR, FOR ANY DAMAGES THAT MAY ARISE OUT OF RECOMMENDATIONS OR INVESTMENTS ANY OTHER INVESTOR, MAY MAKE OR RECOMMEND IN ITS OWN OR CUSTOMER ACCOUNTS BASED ON ANY INFORMATION IT RECEIVES FROM JALEXA. WITHOUT LIMITING THE FOREGOING, THE SITE AND MATERIALS ARE PROVIDED “AS IS” WITHOUT WARRANTY OF ANY KIND. TO THE FULL EXTENT PERMISSIBLE PURSUANT TO APPLICABLE LAW, JALEXA AND ITS THIRD PARTY SERVICE PROVIDERS DISCLAIM ALL WARRANTIES, EITHER EXPRESSED OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, LOST REVENUES, OR LOST PROFITS.

Neither Jalexa nor any other party involved in creating, producing, or delivering this Site or the Materials provides any guarantee against the possibility of deletion, misdelivery or failure to store communications, personalized settings, or other data, and Jalexa and its third party service providers expressly disclaim all liability for errors or omissions in, the misuse or misinterpretation of, or the reliance on any information contained in the Materials. You assume the entire risk as to the use of the Site and the Materials. In no event will the liability of Jalexa or any third party service provider exceed the amount of any fees you have paid for access to the Site or the Materials, if any. Some states or jurisdictions do not allow the exclusion or limitation of incidental, consequential, or special damages, or the exclusion of implied warranties or limitations on how long an implied warranty may last, so the above limitations may not apply in all cases.

Last Update: August 20, 2008

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