It looks like the Agoracom software misaligned the quarterly % gains or losses for the Resolute Performance Fund (which Tom presently manages), so I'll put them in a vertical column.

2005

Q3 75.8%

Q4 -6.5%

2006

Q1 29.6%

Q2 -11.9%

Q3 -13.9%

Q4 45.4%

2007

Q1 6.7%

Q2 7.3%

Q3 -4.9%

Q4 -12.8%

2008

Q1 12.6%

Q2 34.6%

Q3 -44.7%

Q4 -49.7%

Hope the above clarifies the present quarterly performances of Tom Stanley's presently managed fund.

Best Wishes,

Lynn