11/16/2014 – Enbridge

Issued: 11/16/2014

Enbridge, ENB:

1. On Thurs. Nov. 13 we raised our protective sell stop in Enbridge to $45.70 after our aggressive long entry at $45.80 and initial long position exit at $46.14 (an approx. $.34 gain).

2. Our $45.70 protective sell stop was hit resulting in a small gain on the entire position. Will message any further entry or indication as Enbridge confirms.

David Williams

Issued: 11/12/2014

Enbridge, ENB:

1. Continued daily closes above $45.60 in Enbridge indicate new long entry for a test/attempt at $47.00 (or higher).

2. Aggressive can buy Enbridge at current prices (current price, $45.80).

3. A protective sell stop should be placed at $45.19. This stop will be moved higher as the market continues to confirm. Will update.

David Williams

Issued: 11/13/2014

Enbridge, ENB:

1. Our Wed., Nov. 12 report indicated new long entry at $45.80 in Enbridge.

2. Initial long position exit should be taken at current prices (current price $46.142).

3. Our protective sell stop has been raised to $45.70. This stop will continued to be moved higher as the market continues to confirm.

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.