The analysis and information in this report and on our website is for informational purposes only. No part of the material
presented in this report or on our websites is intended as an investment recommendation or investment advice. Neither the
information nor any opinion expressed nor any Portfolio constitutes a solicitation to purchase or sell securities or any
investment program. The opinions and forecasts expressed are those of the editors and may not actually come to pass. The
opinions and viewpoints regarding the future of the markets should not be construed as recommendations of any specific
security nor specific investment advice. Investors should always consult an investment professional before making any
Any investment decisions must in all cases be made by the reader or by his or her investment adviser. Do NOT ever purchase any
security without doing sufficient research. There is no guarantee that the investment objectives outlined will actually come
to pass. All opinions expressed herein are subject to change without notice. Neither the editor, employees, nor any of their
affiliates shall have any liability for any loss sustained by anyone who has relied on the information provided.
The analysis provided is based on both technical and fundamental research and is provided ?as is? without warranty of any
kind, either expressed or implied. Although the information contained is derived from sources which are believed to be
reliable, they cannot be guaranteed.
The information contained in this report is provided by Ridge Publishing Co. Inc. (Ridge). One of the principals of Ridge, Mr.
David Moenning, is also President and majority shareholder of Heritage Capital Management, Inc. (HCM) and Heritage Capital
Advisors (HCA), Chicago-based money management firms. HCM and HCA are registered an investment advisers. HCM also serves as a
sub-advisor to other investment advisory firms. Ridge is a publisher and has not registered as an investment adviser. Neither
HCM, HCA, nor Ridge is registered as a broker-dealer.
Employees and affiliates of HCM and Ridge may at times have positions in the securities referred to and may make purchases or
sales of these securities while publications are in circulation. Editors will indicate whether they or HCM has a position in
stocks or other securities mentioned in any publication. The disclosures will be accurate as of the time of publication and
may change thereafter without notice.
All indices and returns shown assume reinvestment of dividends and capital gains. Investments in equities carry an inherent
element of risk including the potential for significant loss of principal. Past performance is not an indication of future
Your actual results may differ from results reported for the model portfolio for many reasons, including, without limitation:
(i) performance results for the model portfolio do not reflect trading commissions that you may or may not incur; (ii)
performance results for the model portfolio do not account for the impact, if any, of certain market factors, such as lack of
liquidity, that may affect your results; (iii) the securities chosen for the model portfolio may be volatile, and although the
"purchase" or "sale" of a security in the model portfolio will not be made in the model portfolio until confirmation that the
email alert has been sent to all subscribers, delivery delays and other factors may cause the price you obtain to differ
substantially from the price at the time the alert was sent; and (iv) the prices of securities in the model portfolio at the
point in time you begin subscribing to our service may be higher than such prices at the time such stocks or options were
chosen for inclusion in the model portfolio.
Investments in equities carry an inherent element of risk including the potential for significant loss of principal. Past
performance is not an indication of future results.
Performance for the Top 5 Portfolio from 2006 - 12/15/2008 was based on the TopGunsTrading.com service "The Fab 5 Portfolio",
which was owned and operated by David Moenning prior to creating StateoftheMarkets.com. Performance calculated from 12/15/2008
- present has been live on StateoftheMarkets.com as the "Top 5 Portfolio".