Hamer Trading, Inc.

Lowry Trading Prgram

The Lowry Trading Program is one of our newest programs being offered to customers. It is a proprietary systematic long-term trend following system developed by Scot Lowry, best selling author of The Magic of Moving Averages (May 1998, Traders Press). Mr. Lowry converted his knowledge and research of the markets into a mechanical trading approach. The Program looks for specific turning points which signal new trends, and attempts to enter trades earlier than most long-term technical systems. The Program is 99% mechanical, based on technical data, using price information to signal entry and exit points. The only discretion used is to add or delete markets traded due to liquidity issues. The Program employs its own built in risk management procedures to limit risk to individual trades and provide overall portfolio protection. The Manager intends to trade a diverse group of futures in a variety of approximately 35 markets, including but not limited to grain, currency, metal, energy, financial, stock index, fiber, and softs (coffee, cocoa, sugar, lumber, and orange juice). However, the Manager reserves the right to place trades in any market, on any exchange foreign or domestic, at its sole discretion.