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09/24/2014 – Garmin

Garman GRMN:

1. In last week’s (week of Sept. 16) Williams edge live meetings it was noted that Garman (then trading at approximately $53.20) could be shorted for a decline to and test of $50.20 into the week of Sept. 22 (the current week).

2. Yesterday’s (Wed., Sept. 24) session continued on the recent decline in Garman and completed the $50.20 downside target (yesterday’s session low, $50.15). This completes the intended decline and is an important downside completion in Garman. Will update.

David Williams

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.