Please
Read This Disclaimer
The United States Securities
and Exchange Commission (SEC) and the Financial Industry
Regulatory Authority (FINRA), would like for us to tell
you that this web site has been prepared solely for
informational purposes and is not a solicitation, nor an offer, to buy
or sell any security. Information on our web site does not purport
to be a complete description of any securities, markets or developments
referred to in our material and any expressions of opinions are subject
to change without additional notice to you. All information on our
web site is obtained from sources which we consider reliable but we have
not independently verified such information and we do not guarantee that
it is accurate or complete. Information on our web site may not be
suitable for all investors. HL Camp & Company, and/or affiliated
companies, such as HL Camp & Company, LLC, and HL Camp Futures, and persons associated with those companies, may from time to
time have a long or short position in any securities mentioned and may
buy or sell such securities.
The
United States Commodity Futures Trading Commission (CFTC) and the National
Futures Association (NFA) would like for us to tell you that
this web site and any daily comments, technical indicators, and suggestions
are provided for informational purposes only. The information contained
herein is obtained from sources believed to be reliable but is not guaranteed
to its accuracy or completeness. Commodity and/or option trading
is risky and may not be suitable for recipients of our information.
Readers using the information contained herein are solely responsible for
their own actions. No representation can be made that any recommendations
will be profitable, or that they will not result in losses. The
information is neither an offer to sell nor solicitation to buy any of
the commodity futures contracts that may be mentioned on this web site.
HL Camp & Company, and/or affiliated
companies, such as HL Camp & Company LLC, and HL Camp Futures, and persons associated with those companies,
may from time to time have a long or short position
in any commodities contracts mentioned and may sell or buy such commodities
contracts.
We
would like to tell you that one of the affiliated companies mentioned above is HL Camp Futures, a Registered Introducing Broker with
the
United States Commodity Futures Trading Commission (CFTC) and a Member of the National
Futures Association (NFA). HL Camp Futures is guaranteed by MF Global
Inc., formerly known as Man Financial, Inc., a Registered Futures Commission Merchant with the
United States Commodity Futures Trading Commission (CFTC) and a Member of the National
Futures Association (NFA). Therefore, MF Global, Inc. requires that we ask
you to read carefully the following statement: "Futures
and options trading contains risk of loss and is not appropriate for all
investors. Please carefully consider your financial condition prior to
making any investments."
We
would like to tell you that information about fair
value, program trading, index arbitrage, and other trading strategies
mentioned on our web site may not be suitable for you. And that you
should consult your own investment or trading advisor before you invest
or trade using the PREM and/or program trading premium
execution levels, or any other indicator
mentioned on our site. The use of any of these indicators is at your
own risk. We do not guarantee that by using any indicator you
will be profitable, or that you will not have losses. Many investors
assume wrongly that program trading strategies like index arbitrage are
by nature risk free. Please remember that since program trading involves
the use of the S&P 500 Stock Index Futures Contract, trading
it (just like all commodity futures contracts) is risky and not suitable
for all investors. Although some stocks in the S&P 500 Stock
Index may be considered "blue chip" companies, trading stocks is risky
too, and not suitable for all investors. Also; during certain
market conditions, the
risk of slippage on program trading orders can
be substantial, both on the NYSE and the CME. If you have any
questions about the risks involved in program trading, please email us
and we will answer your questions promptly.
All
information contained on www.programtrading.com is the property of HL Camp &
Company. No person or company can copy or reproduce in any form whatsoever
any information on our web site without our expressed written consent in
advance. All rights are hereby reserved and all information on our
web site is copyrighted in the United States at Palm Beach, Florida, USA.
and is protected by copyright pursuant to United States copyright laws
and international conventions. It is specifically prohibited for
any person or company to create derivative pages or mirror sites of our
web site.