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Charlie Wright 2

Chairman, Fall River Capital LLC (NFA 298790)

Program(s) Developed: Global Strategies, Salt River Bonds, VOLEX

Interviewed by John F. Gallwas ? Founder of Striker Securities

A follow-up interview with Charlie Wright, the Chairman of Fall River Capital (?Fall River?) a registered Commodity Trading Advisor specializing in the trading of global financial and natural resource futures markets. Fall River Global Strategies program identifies markets that are in long-term trends and systematically trades over 60 global futures markets with multiple systems in multiple time fames. The company has a total of over $100 million in client funds in all its programs, and has been trading for clients since the year 2000. This managed CTA Program can only be offered to qualified investors through their Disclosure Document dated March 23, 2007

John Gallwas: Fall River?s performance this year is impressive in view of the volatile markets, which generally have provided a mixed environment for trend-following systematic programs. What has Fall River done to produce this performance?

Charlie Wright: In 2004-2005 Global Strategies experienced a significantly higher drawdown than was indicated by our historical testing. And although this drawdown was in-line with the program?s volatility and when compared to other programs of its type, we were concerned. Rob, my partner, spent a great deal of time looking at our testing methodology and could not find any flaws. We concluded that for the first time in 30 years there had been a significant change in the futures markets that we trade. In June 2005 we initiated what turned out to be a continuing series of program upgrades to deal with these market changes. These upgrades have focused almost exclusively on Exposure Management - that is, attempting to better manage the risk and volatility of the program?s positions. Rob and I feel the recent performance of Global Strategies is reflective of our continuing research and upgrades.

John Gallwas: With your long history in the futures industry have you ever seen markets similar to those we are currently experiencing?

Charlie Wright: No, but then again I believe that the markets never give you the same environment twice. All individual markets go through a quiet phase, enter into a trend, extend the trend beyond what anyone thought possible, top out in a highly volatile climate, and decline back into quiet mode. Sometimes you get periods like this when multiple markets are going through a volatile topping phase at the same time. But this cycle will recur as long as there are markets and traders. The real skill is to design a program that will be successful no matter what phase each market is in and no matter how many markets are moving.

John Gallwas: Has this year?s market environment changed the focus of your research efforts?

Charlie Wright: This year?s environment continues to validate our assertion that the futures markets are now moving together to a much higher degree than ever before. Our research goals continue to emphasize a progressive improvement in our money management and exposure control techniques to deal with this new volatile market environment.

John Gallwas: Have you seen any impact on your performance caused by the larger size you are trading?

Charlie Wright: No we have not. One of the reasons the markets are moving together in sync is that the volume and liquidity has increased dramatically over the last few years and are moving all the markets at about the same time. This has increased the liquidity of almost all of the markets making it much easier to trade larger orders. There is no reason to believe that this won?t continue in the future.

John Gallwas: Although we all know by heart, ?past performance is no guarantee of future results?, looking forward can you tell us what your expectations are for Fall River?s performance for calendar 2007 and beyond?

Charlie Wright: One of the major backbones of our research strategy has been to base our research and trading on the same data stream. We have spent a considerable amount of time developing a continuous futures data stream which allows us to test and trade on the same data. We then view, on a regular basis, how our real-time trading compares to the hypothetical testing on the same data. Our real-time trading has historically correlated between 90-95% with the testing model, and has done so this year as well. We can see no reason for this not to continue in the future. This would keep us optimistic for the future.

This interview is for informational purposes only and is not intended to be a solicitation of any kind. Trade only with risk capital. The risk of trading can be substantial and each investor and/or trader must consider whether trading systems are a suitable investment.