08-Apr-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
MTL	Iron and Steel	LONG	30.07	-2.12	HOLD
MYL	Biotechnology and Drugs	LONG	23.44	0.86	HOLD
COHU	Semiconductors	LONG	15.21	-1.55	HOLD
MBT	Communications Services	LONG	21.34	-0.37	HOLD
TSO	Oil and Gas Operations	LONG	25.79	-3.34	HOLD
GES	Retail (Apparel)	LONG	39.46	-1.05	HOLD
FDML	Auto and Truck Parts	LONG	25.12	-0.16	HOLD
JBL	Electronic Instr. and Controls	LONG	19.79	-2.75	HOLD
CCL	Recreational Activities	LONG	37.40	-1.91	HOLD
RIMM	Communications Equipment	LONG	54.78	-0.63	HOLD
MED	Biotechnology and Drugs	LONG	16.98	-2.97	HOLD
CTB	Tires	LONG	24.66	-1.44	HOLD
CMC	Iron and Steel	LONG	16.98	-2.13	HOLD
NCT	Real Estate Operations	LONG	5.86	-0.85	HOLD
BTH	Personal and Household Prods.	LONG	41.01	10.42	HOLD
CPY	Photography	LONG	22.05	-0.81	HOLD
FINL	Retail (Apparel)	LONG	20.39	-0.54	HOLD
SPY	Misc. Financial Services	SHORT	132.86	-0.35	HOLD
SPY	Misc. Financial Services	SHORT	132.86	-0.35	HOLD
BBY	Retail (Technology)	LONG	29.70	-0.97	HOLD
CAAS	Auto and Truck Parts	LONG	10.79	32.56	HOLD
NVMI	Semiconductors	LONG	10.07	9.22	HOLD
DSGX	Computer Services	LONG	6.68	-1.04	SELL
WATG	Auto and Truck Parts	LONG	5.40	6.72	HOLD
MR	Scientific and Technical Instr.	LONG	26.23	-0.38	HOLD
SPY	Misc. Financial Services	SHORT	132.86	-0.35	HOLD
SPY	Misc. Financial Services	SHORT	132.86	-0.35	HOLD
APWR	Construction Services	LONG	4.36	-0.68	HOLD
SMA	Medical Equipment and Supplies	LONG	9.90	-0.90	HOLD
AIR	Aerospace and Defense	LONG	26.26	-2.99	HOLD
SPY	Misc. Financial Services	SHORT	132.86	-0.35	HOLD
ESLT	Aerospace and Defense	LONG	53.80	-0.19	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				1.11
SHORTS				-0.35
TOTAL				1.46
S&P 500				-0.40
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO
Portfolio	0.19	0.81	-2.14	0.23
S&P 500	0.62	0.86	-4.78	0.71