0358233 COPYRIGHT MMX JEFFREY MANDALIS ALL RIGHTS RESERVED

GOLD SPOT TECHNICALS AS OF MARCH 5, 2007

$ 706.70 Resistance 2
$ 669.70 Resistance 1
$ 667.90 High Square
$ 666.90 Mean
$ 655.50 Pivot
$ 642.70 Low Square
$ 618.50 Support 1
$ 604.30 Support 2

GOLD COMEX OPTIONS AS OF MARCH 5, 2007

Z07_650_C - Z07_700_C $ 25.00
Z07_650_P - Z07_700_P $ 25.00
Z07_700_C - Z07_750_C $ 12.50
Z07_700_P - Z07_750_P $ 37.50
M08_700_C - M08_750_C $ 25.00
M08_700_P - M08_750_P $ 25.00
M08_750_C - M08_800_C $ 12.50
M08_750_P - M08_800_P $ 37.50
Z08_750_C - M08_800_C $ 25.00
Z08_750_P - Z08_800_P $ 25.00
Z08_800_C - Z08_850_C $ 12.50
Z08_800_P - Z08_850_P $ 37.50

M07_650_C $ 25.00
M07_650_P $ 25.00
Z07_700_C $ 25.00
Z07_700_P $ 50.00
M08_750_C $ 25.00
M08_750_P $ 50.00
Z08_800_C $ 25.00
Z08_800_P $ 100.00
M09_850_C $ 25.00
M09_850_P $ 150.00
Z09_900_C $ 25.00
Z09_900_P $ 200.00
M09_950_C $ 25.00
M10_950_P $ 200.00
Z10_1000_C $ 25.00
Z10_1000_P $ 200.00

SILVER SPOT TECHNICALS AS OF MARCH 05, 2007

$ 15.325 second resistance
$ 13.865 first resistance
$ 13.760 high square
$ 13.725 mean
$ 13.285 pivot
$ 12.775 low square
$ 11.825 first suppot
$ 11.245 second support

SILVER COMEX OPTIONS AS OF MARCH 05, 2007

N07_1300_C - N07_1350_C $ 0.250
N07_1300_P - N07_1350_P $ - 0.250
N07_1350_C - N07_1400_C $ 0.375
N07_1350_P - N07_1400_P $ - 0.125
Z07_1400_C - Z07_1450_C $ 0.250
Z07_1400_P - Z07_1450_P $ - 0.250
N08_1450_C - N08_1500_C $ 0.250
N08_1450_P - N08_1500_P $ - 0.250
Z08_1400_C - Z08_1450_C $ 0.250
Z08_1400_P - Z08_1450_P $ - 0.250
N09_1400_C - Z09_1500_C $ 0.500
N09_1400_P - N09_1500_P $ - 0.500
Z09_1300_C - Z09_1500_C $ 1.000
Z09_1300_P - Z09_1500_P $ - 1.000
N10_1350_C - N10_1750_C $ 2.000
N10_1350_P - N10_1750_P $ - 3.000
Z10_1500_C - Z10_2000_C $ 1.000
Z10_1500_P - Z10_2000_P $ - 4.000

N09_2500_C $ 0.100
N09_2500_P $ - 10.000
Z09_2500_C $ 0.100
Z09_2500_P $ - 10.500
N10_3000_C $ 0.050
N10_3000_P $ - 12.500
Z10_3000_C $ 0.050
Z10_3000_P $ - 15.000
N11_3500_C $ 0.020
N11_3500_P $ - 20.000

PLEASE TAKE DUE NOTICE HEREOF THAT THE PAST MAY NEVER INDICATE FUTURE RESULTS.
SERIOUS RISKS OF LOSS WITH TRADING FUTURES OR OPTIONS ARE NOT SUITABLE FOR ALL.
POTENTIAL LOSSES MAY OBLIGATE EVEN MORE THAN BALANCES OF FUNDS DEPOSITED.
NEVER TRADE FUTURES OR OPTIONS WITHOUT QUALIFIED PROFESSIONALS.

ALL RECOMMENDATIONS DERIVED BY THE ASSOCIATED PERSON INDEPENDENTLY OF
THE FUTURES COMMISSION MERCHANTS SOLELY FOR PURPOSES OF MARKET RESEARCH AND
ARE IN NO WAY TO BE CONSIDERED AS OFFERS TO CONTRACT WITH FUTURES OR OPTIONS.

ANY UNAUTHORIZED USE WHATSOEVER EXPRESSLY AND ABSOLUTELY PROHIBITED BY LAW
WITH ALL RIGHTS RESERVED BY JEFFREY MANDALIS COPYRIGHT MMVII

Jeffrey Mandalis (C)2007, Senior Full Service Broker
Shatkin, Arbor Inc.
Futures Commission Merchants
Chicago Board of Trade
141 West Jackson Boulevard, Suite 300
Chicago, Illinois 60604

877-SHATKIN toll free
312-3470100 local
http://www.shatkinarbor.com
jmandalis@shatkinarbor.com
email a friend