05-Apr-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
MTL	Iron and Steel	LONG	31.76	-0.56	HOLD
MYL	Biotechnology and Drugs	LONG	23.33	-0.17	HOLD
COHU	Semiconductors	LONG	15.44	0.59	HOLD
MBT	Communications Services	LONG	21.08	-1.86	HOLD
TSO	Oil and Gas Operations	LONG	28.23	1.33	HOLD
GES	Retail (Apparel)	LONG	39.96	-0.87	HOLD
FDML	Auto and Truck Parts	LONG	24.94	0.12	HOLD
JBL	Electronic Instr. and Controls	LONG	20.44	-0.15	HOLD
CCL	Recreational Activities	LONG	38.48	0.26	HOLD
RIMM	Communications Equipment	LONG	54.40	-0.70	HOLD
MED	Biotechnology and Drugs	LONG	15.95	-3.80	HOLD
CTB	Tires	LONG	25.91	0.19	HOLD
CMC	Iron and Steel	LONG	17.68	0.74	HOLD
NCT	Real Estate Operations	LONG	5.93	-1.00	HOLD
BTH	Personal and Household Prods.	LONG	35.10	0.80	HOLD
CPY	Photography	LONG	21.34	-2.20	HOLD
FINL	Retail (Apparel)	LONG	20.44	3.34	HOLD
SPY	Misc. Financial Services	SHORT	133.24	-0.02	HOLD
SPY	Misc. Financial Services	SHORT	133.24	-0.02	HOLD
OXM	Apparel/Accessories	LONG	35.25	3.01	HOLD
BBY	Retail (Technology)	LONG	28.64	1.74	HOLD
CAAS	Auto and Truck Parts	LONG	8.27	-1.31	HOLD
NVMI	Semiconductors	LONG	9.19	-0.54	HOLD
DSGX	Computer Services	LONG	6.81	1.34	HOLD
WATG	Auto and Truck Parts	LONG	5.25	2.74	HOLD
MR	Scientific and Technical Instr.	LONG	25.60	-0.19	HOLD
SPY	Misc. Financial Services	SHORT	133.24	-0.02	HOLD
SPY	Misc. Financial Services	SHORT	133.24	-0.02	HOLD
APWR	Construction Services	LONG	4.25	1.19	HOLD
SMA	Medical Equipment and Supplies	LONG	9.70	0.94	HOLD
AIR	Aerospace and Defense	LONG	27.14	-1.20	BUY
SPY	Misc. Financial Services	SHORT	133.24	-0.02	SHORT
TODAY SUMMARY				GAINS(%)
LONGS				0.19
SHORTS				-0.02
TOTAL				0.21
S&P 500				-0.02
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO
Portfolio	-1.62	0.79	-2.14	-2.06
S&P 500	0.96	0.92	-4.78	1.04