Disclaimer

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" colspan=2 height=90 BGCOLOR="#006699" TEXT="#080000" background="10a085a3.jpg"> <div> <FONT SIZE="5" COLOR="#FFFFFF" FACE="Arial" ><B>   Wave Trader</B></FONT><B>    </B><B> |     </B><A HREF="index.htm" TARGET="_top" TITLE=" Wave Trader"><U><B>home</B></U></A></div> <div> <A HREF="id45.htm" TARGET="_top" TITLE="Contact Us"><U>Contact Us</U></A>   |   <A HREF="id57.htm" TARGET="_top" TITLE="About me"><U>About me</U></A>   |   <A HREF="id58.htm" TARGET="_top" TITLE="Support"><U>Support</U></A>   |   <A HREF="id56.htm" TARGET="_top" TITLE="Recent Letters"><U>Recent Letters</U></A>   |   <A HREF="id69.htm" TARGET="_top" TITLE="Beginners Advice"><U>Beginners Advice</U></A>   |   <A HREF="id86.htm" TARGET="_top" TITLE="WaveTrader Conditions of Supply"><U>WaveTrader Conditions of Supply</U></A>   |   <B>Disclaimer</B></div> <div> </div> </td> </tr><tr> <td valign="top" width=210 BGCOLOR="#FFFFFF" TEXT="#080000" background="10bd2e83.jpg"> <bR> <bR> <div> <IMG SRC="534ca340.png" border=0 width="202" height="308" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></div> </td> <td valign="top" height=390 BGCOLOR="#FFFFFF" TEXT="#080000"> <div> <I>Disclaimer</I></div> <bR> <div> <B>Notice to Visitors</B></div> <bR> <div> .</div> <div> <B>Warning - Clearly understand this: By law I am obliged to tell you......</B></div> <div> <B>Information contained on this site and the products available from us, are not being promoted as an invitation to trade. They are purely tools to assist in the decision process to determine the chances of a market going up or down.</B></div> <bR> <div> <B>Trading requires risking money in pursuit of future gain. You can lose that money if you make the wrong decisions.</B></div> <bR> <div> <B>There are only TWO ways to make money trading commodity futures!</B></div> <div> <B>* To BUY at a lower price than you SELL or to SELL at a higher price than you BUY back.</B></div> <bR> <div> <B>There are also only two ways you can lose money!</B></div> <div> <B>* To BUY high and SELL lower or to SELL low and BUY higher.</B></div> <bR> <div> <B>It's a very simple formula when you look at it in the bare simplistic terms.</B></div> <bR> <div> <B>The skill in making money from commodity futures trading is in making the right decisions at the right time.</B></div> <bR> <div> <B>Bryce Gilmore </B></div> <bR> <bR> <div> <B>Disclaimers and Conditions:</B></div> <bR> <div> This communication has been  prepared by:</div> <div>  Bryce Gilmore [C] 2002</div> <bR> <div>  It is illegal to transmit, copy, print or pass any portion or information contained on this site to any party without the permission of the author. - please read all of our disclaimers below.</div> <bR> <div> <B>DISCLAIMER :</B> Edited by  Bryce Gilmore (C) 2002</div> <div> This communication has not been prepared by taking into account the financial circumstances and investment needs of any particular investor; and  investors using this site or any product sold through this site as advice should therefore assess whether it is really suitable to their own circumstances and investment plans; and before acting on any educational investment advice contained in this site or products available through Bryce Gilmore & Associates Pty Ltd, you should contact your own licensed investment adviser to consider whether the advice is appropriate in light of your particular investment needs.</div> <bR> <div> Technical education is a hypothetical study of markets and because it may have worked in the past there is no guarantee it will work in the future. You must understand that trading approaches using technical analysis are a matter of probabilities, as is every avenue of speculation.</div> <bR> <div> The author is not a Broker or registered Investment Adviser and therefore is not licensed to give trading advice of  any sort or make specific trading recommendations.</div> <div> All charts and comments are offered for educational purposes and are the personal opinion of the author. The author's opinion is not meant to be construed as an invitation or solicitation to trade, for trading advice consult your broker or licensed investment advisor.</div> <bR> <div> <B>Notice read this</B>  - To comply with the ASIC IDS guidelines (Internet Communication of security information)</div> <div> ASIC recommends before acting on the basis of what is said in this communication you should review:-</div> <bR> <div> (1) Asic's web site at <A HREF="http://asic.gov.au" TARGET="_top" TITLE="http://asic.gov.au"><U>www.asic.gov.au </U></A>has a list of licensed advisors.</div> <div> (2) Visit Asic's consumer website <A HREF="http://watchdog.saic/gov.au" TARGET="_top" TITLE="http://watchdog.saic/gov.au"><U>www.watchdog.asic.gov.au </U></A>for general guidance about investing.</div> <bR> <div> Conditions apply to the supply of products:</div> <bR> <div> Bryce Gilmore & Associates Pty Ltd</div> <div> Bryce Gilmore - Proprietor</div> <div> Inc. 1983 - ABN 63 006 187 686</div> <div> 6 Heywood Place, Helensvale. QLD 4212.</div> <div> Australia</div> <bR> <div> Phone 61-7-5573 5510</div> <div> Mobile 0419-576 923  International call  61-419 576 923</div> <div> Email: bbg144@bigpond.net.au</div> <bR> <bR> </td> </tr></table></body>