24-Mar-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
CHTP	Biotechnology and Drugs	SHORT	3.82	1.60	HOLD
DNDN	Biotechnology and Drugs	SHORT	33.01	3.45	HOLD
CORT	Biotechnology and Drugs	SHORT	4.23	2.42	HOLD
IVN	Metal Mining	SHORT	27.69	1.21	HOLD
END	Oil and Gas Operations	SHORT	11.40	-2.90	HOLD
OPXT	Semiconductors	SHORT	2.49	5.06	HOLD
SPH	Oil and Gas Operations	SHORT	55.55	0.52	HOLD
LF	Recreational Products	SHORT	4.26	-0.23	HOLD
MITI	Biotechnology and Drugs	SHORT	5.12	1.39	HOLD
SPPI	Biotechnology and Drugs	SHORT	8.33	0.36	HOLD
CLNE	Natural Gas Utilities	SHORT	14.07	-1.05	HOLD
WTSLA	Retail (Apparel)	LONG	3.55	-1.93	HOLD
NEP	Oil and Gas Operations	LONG	4.68	2.86	HOLD
CSUN	Semiconductors	LONG	4.08	3.03	HOLD
LTXCD		LONG	8.12	0.00	SELL
SFE	Business Services	SHORT	19.83	0.05	HOLD
GDP	Oil and Gas Operations	SHORT	21.83	0.46	HOLD
ARIA	Biotechnology and Drugs	SHORT	6.91	8.82	HOLD
GME	Retail (Technology)	LONG	21.73	2.94	HOLD
MTL	Iron and Steel	LONG	31.04	1.84	HOLD
CPX	Oil Well Services and Equipment	LONG	30.04	-0.79	HOLD
NAT	Water Transportation	SHORT	25.30	-0.90	HOLD
MYL	Biotechnology and Drugs	LONG	22.34	1.73	HOLD
SGEN	Biotechnology and Drugs	SHORT	14.79	1.93	HOLD
MGEE	Electric Utilities	SHORT	40.36	0.77	HOLD
TLB	Retail (Apparel)	LONG	5.89	22.71	HOLD
BWS	Footwear	LONG	11.47	1.68	SELL
LNCR	Medical Equipment and Supplies	LONG	28.92	0.56	HOLD
CHRS	Retail (Apparel)	LONG	3.47	17.23	HOLD
FDX	Air Courier	LONG	90.79	2.06	SELL
KIRK	Retail (Specialty)	LONG	14.93	0.81	SELL
COHU	Semiconductors	LONG	14.48	-1.03	HOLD
MBT	Communications Services	LONG	21.48	1.70	HOLD
PTEN	Oil Well Services and Equipment	LONG	27.44	0.26	HOLD
TSO	Oil and Gas Operations	LONG	26.02	2.08	HOLD
CRME	Biotechnology and Drugs	SHORT	4.64	-3.53	HOLD
CVI	Oil and Gas Operations	LONG	21.18	2.62	HOLD
GES	Retail (Apparel)	LONG	38.02	-0.16	HOLD
MMR	Oil and Gas Operations	SHORT	17.66	2.20	HOLD
FDML	Auto and Truck Parts	LONG	24.97	0.69	HOLD
ITMN	Biotechnology and Drugs	SHORT	45.43	1.75	HOLD
DEPO	Biotechnology and Drugs	SHORT	9.19	1.83	HOLD
SJW	Water Utilities	SHORT	22.69	0.53	HOLD
SMSI	Software and Programming	SHORT	9.10	3.29	HOLD
JBL	Electronic Instr. and Controls	LONG	21.42	2.05	HOLD
PERY	Apparel/Accessories	LONG	26.20	-0.23	BUY
CCL	Recreational Activities	LONG	39.03	0.21	BUY
RIMM	Communications Equipment	LONG	64.09	3.17	BUY
MED	Biotechnology and Drugs	LONG	19.35	1.79	BUY
TODAY SUMMARY				GAINS(%)
LONGS				2.86
SHORTS				1.26
TOTAL				1.60
S&P 500				0.93
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO
Portfolio	-0.57	0.87	-2.14	-0.66
S&P 500	-0.78	1.16	-4.78	-0.68