Ahead of The Trend with E. James Welsh

September 16, 2006

The Advisor for Welsh Money Management is E. James Welsh (born February 25, 1950), Graduate of St. Thomas College, St. Paul, Minnesota, Sociology degree, and 1972. Mr. Welsh entered the investment securities industry in 1979 as an account executive with Blunt, Ellis, & Loewi. In 1981, he started the training program for investment executives and was named Vice-President of Investment Marketing in 1983. Mr. Welsh's research into the effect of financial liquidity on stock and bond prices began in 1978 and resulted in the Monetary Composite in 1984. His research into quantifying market momentum through the use of technical analysis resulted in the development of the Intermediate Trend Indicator in 1989.

Mr. Welsh makes all the investment decisions. His own money is invested in the program and is moved when client money is moved. His market and economic views have been quoted in Barron's, a national business publication, the San Diego Tribune, Income Digest, and the Dick Davis Digest. He has been interviewed frequently on San Diego business talk shows, the Business Channel in Chicago, and WEBfn.com.

Mr. Welsh has also been active in the local community. In 1989 and 1990, he was Chairman of the "Swing With Your Heart" benefit, which raised $60,000 for drug education programs for the Encinitas School District and Casa de Amparo, a home for abused children. The local chapter of the Jaycees named him outstanding Jaycee of 1990. In 1991, Mr. Welsh established the Encinitas Education Foundation, serving as President until July 1993. During this period more than $300,000 was raised for elementary schools in Encinitas. In 1996, Mr. Welsh assisted in the establishment of the LaCosta Canyon High School foundation. In 1997, 1998, and 1999, he served as President of the LCC Foundation, which raised more than $600,000 during his tenure. James Welsh resides with his wife and two daughters in Carlsbad, California.