Shore Capital Management LLC

Ivy Plus presents:
FUND MANAGER BUSINESS DEVELOPMENT - CAPITAL RAISE AND COMPLIANCE

Date: Tuesday, June 15, 2010
Time: 1 pm to 5 pm
Location: Roseland, NJ

The panels will be interactive presentations that push the participants to view their business in a broader more business-like approach with the latest information on the capital raising marketplace. Attendees will come away with a better understanding of the present environment for marketing and what leading competitors in their space are doing to raise capital.

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On 4/26/10 we began to question if the equity rally, since correcting in February had reached an overbought situation at the end of April. The markets seemed to need a reason for selling the equities. The situation in Greece and the selling of the Euro was the fundamental reason to offer a meaningful correction. Read "Greece is the Word".

On 4/27/10 we received longer term signals in the DJ, S&P and NASDAQ futures to at least offer a sideways market if not a selling market. During the past few weeks we have received some confusing signals. On 5/20/10, we received a stronger sell signal for the E-mini S&P futures contract (basis June).

From the recent weeks of selling, the market could find an upward bounce, but we believe the market will try once again to test the recent lows of 5/21/10 and 2/5/10 at 1051.25 and 1036.25 respectively before moving higher.

In the short term the E-mini S&P June futures has support in the 1057 to 1036 area. If this test fails and the market moves lower, than our next level of support is 1010 to 971. We do have a longer term price point of 890. This should be the bottom or near the bottom of this correction. We don't believe the market should reach the 890 price point, (unless the fundamental news gives more reason for the market to fall) but if it should it would send a lot of fear into the market and it probably be a choppy way down to that level.

The resistance for the market should be found at the 1075 to 1095 area. If the market should find a bounce, the next resistance level would be 1110 to 1130 area. As this is a holiday week, there could be a possibility for the market to bounce later this week primarily due to shorts covering their positions for the holidays.

The remainder of this week will also produce more economic reports that could add more fuel to the fire of selling if the reports are not better than expected. And of course on Thursday the weekly jobless claims will be released.

Stay tuned and put your seat belt on, this could be a bumpy ride.

The International Association of Financial Engineers presents:

The 2010 IAFE Annual Conference:The Truth About The Crisis or a Crisis of Truth

Date: June 18th, 2010 Time: All day

Location: NYC, NY

The IAFE Annual Conference, now in its 18th year, attracts approximately 250 middle and senior level practitioners from the banking, asset management, insurance, institutional investor, and alternative investment communities. Attendees in the past have come from, Goldman Sachs, JPMorgan, Caxton Associates, Pacific Alternative Asset Management Corporation, the Federal Reserve Bank of New York and many others.

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Financial Technologies Forum presents:
Fiduciary Crossfire Breakfast Briefing: Is the Attorney General Leading a Regulatory War on Wall Street?

Date: Thursday, June 10, 2010; Registration begins at 7:30am, Panel Kicks off at 8 am – ends at 10 am

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Increasingly, investors from pension funds to family offices are allocating money to managed futures and commodity strategies, searching for diversification and returns. Panel discussions will explore some of the reasons for this trend, and discuss ways to manage risk, how regulatory changes will affect the space and how to find the best managers.

The event will also feature an exhibitors' space, plenty of breaks for networking and a cocktail hour at the end of the day.

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CME Group presents:

U.S. Treasury Futures Trading and Analytics

Date: Tuesday, May 25, 2010
Time: 3:00 p.m. CT
Location: Downtown Chicago and online: Reception will follow for In-person attendees

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The Hedge Funds Care Committee of Hearts, in cooperation with Tina Rzepnicki of the School of Social Service Administration at the University of Chicago presents:

8th Annual Midwest Open Your Heart to the Children Benefit
Date: Thursday May 20, 2010

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The International Association of Financial Engineers (IAFE) Technology Committee presents:
 
How Different Groups are Solving Hard Computational Problems

Date: Monday May 17, 2010

Time:
5:30 Registration
6:00 - Panel Discussion
7:30 - Reception

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Today Bloomberg news reported Abu Dhabi's Emirates Palace hotel is now offering a gold vending machine.

This is the first machine the German vending company (TG Gold-Super-Markt) has offered outside of Germany. The vending machine will offer small bars of gold as well as gold coins. The machine will monitor daily gold prices.

Historically when commodities make the headline news and reach out to the retail investor, such as all of the recent television commercials stating how gold has rallied in recent years and why investors should buy gold, this may be a telling sign of at least a short term correction in gold. Keep in mind yesterday gold price made an all time high.

Hedge Fund Association Midwest Chapter presents: Hedge Fund Capital Raising: Maximize Capital Inflow in 2010
Date: Tuesday May 18th, 2010
Time: 4 pm registration, panel event begins at 4:30 pm, 6 pm networking
Location: Chicago

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