22-Mar-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
CHTP	Biotechnology and Drugs	SHORT	3.79	-1.30	HOLD
DNDN	Biotechnology and Drugs	SHORT	32.19	-2.22	HOLD
CORT	Biotechnology and Drugs	SHORT	4.05	-0.49	HOLD
RDEA	Biotechnology and Drugs	SHORT	27.75	-1.77	HOLD
IVN	Metal Mining	SHORT	26.36	1.07	HOLD
OPTR	Biotechnology and Drugs	SHORT	11.81	-1.58	HOLD
DYN	Electric Utilities	SHORT	5.96	0.68	HOLD
END	Oil and Gas Operations	SHORT	12.16	1.42	HOLD
ALJ	Oil and Gas Operations	SHORT	12.15	0.75	COVER
OPXT	Semiconductors	SHORT	2.29	-6.53	HOLD
SPH	Oil and Gas Operations	SHORT	55.78	0.96	HOLD
LF	Recreational Products	SHORT	4.26	-1.62	HOLD
MITI	Biotechnology and Drugs	SHORT	4.82	-5.30	HOLD
SPPI	Biotechnology and Drugs	SHORT	8.04	1.64	HOLD
CLNE	Natural Gas Utilities	SHORT	13.50	0.75	HOLD
TRGT	Biotechnology and Drugs	SHORT	25.19	-0.43	COVER
WTSLA	Retail (Apparel)	LONG	3.48	-3.60	HOLD
NEP	Oil and Gas Operations	LONG	4.57	-2.77	HOLD
SUP	Auto and Truck Parts	LONG	24.21	0.12	SELL
CSUN	Semiconductors	LONG	4.10	-3.30	HOLD
LTXCD		LONG	8.12	-1.69	HOLD
SFE	Business Services	SHORT	19.66	2.08	HOLD
LIZ	Apparel/Accessories	SHORT	5.37	2.29	HOLD
GDP	Oil and Gas Operations	SHORT	22.09	1.01	HOLD
ARIA	Biotechnology and Drugs	SHORT	6.39	-1.54	HOLD
GME	Retail (Technology)	LONG	21.09	-0.47	HOLD
MTL	Iron and Steel	LONG	29.71	-0.20	HOLD
CPX	Oil Well Services and Equipment	LONG	30.19	-1.73	HOLD
NAT	Water Transportation	SHORT	25.58	0.04	HOLD
MYL	Biotechnology and Drugs	LONG	22.06	1.19	HOLD
SGEN	Biotechnology and Drugs	SHORT	14.57	0.15	HOLD
MGEE	Electric Utilities	SHORT	40.05	0.60	HOLD
TLB	Retail (Apparel)	LONG	4.56	-6.75	HOLD
SRI	Auto and Truck Parts	LONG	15.77	1.41	HOLD
BWS	Footwear	LONG	11.17	-0.18	HOLD
LNCR	Medical Equipment and Supplies	LONG	29.11	-1.59	HOLD
CHRS	Retail (Apparel)	LONG	3.08	1.65	HOLD
FDX	Air Courier	LONG	88.40	-1.62	HOLD
KIRK	Retail (Specialty)	LONG	14.50	-1.43	HOLD
COHU	Semiconductors	LONG	14.15	-3.35	HOLD
MBT	Communications Services	LONG	21.19	-0.70	HOLD
PTEN	Oil Well Services and Equipment	LONG	27.53	-1.26	HOLD
TSO	Oil and Gas Operations	LONG	25.49	-0.55	HOLD
CRME	Biotechnology and Drugs	SHORT	4.84	-1.43	HOLD
CVI	Oil and Gas Operations	LONG	20.62	-0.67	HOLD
GES	Retail (Apparel)	LONG	37.76	-0.07	HOLD
MMR	Oil and Gas Operations	SHORT	16.76	-0.12	SHORT
FDML	Auto and Truck Parts	LONG	24.98	-1.11	BUY
ITMN	Biotechnology and Drugs	SHORT	44.05	-0.56	SHORT
TODAY SUMMARY				GAINS(%)
LONGS				-1.25
SHORTS				-0.45
TOTAL				-0.80
S&P 500				-0.36
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO
Portfolio	-1.85	0.76	-1.85	-2.43
S&P 500	-1.99	1.22	-4.78	-1.63