11-Apr-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
MTL	Iron and Steel	LONG	29.41	-2.19	HOLD
MYL	Biotechnology and Drugs	LONG	23.60	0.68	HOLD
COHU	Semiconductors	LONG	15.13	-0.53	HOLD
MBT	Communications Services	LONG	20.72	-2.91	HOLD
TSO	Oil and Gas Operations	LONG	25.65	-0.54	HOLD
GES	Retail (Apparel)	LONG	39.47	0.03	HOLD
FDML	Auto and Truck Parts	LONG	25.12	0.00	HOLD
JBL	Electronic Instr. and Controls	LONG	19.27	-2.63	HOLD
CCL	Recreational Activities	LONG	37.85	1.20	HOLD
RIMM	Communications Equipment	LONG	54.65	-0.25	HOLD
MED	Biotechnology and Drugs	LONG	16.90	-0.47	HOLD
CTB	Tires	LONG	24.28	-1.54	HOLD
CMC	Iron and Steel	LONG	16.48	-2.94	HOLD
NCT	Real Estate Operations	LONG	5.47	-6.66	HOLD
BTH	Personal and Household Prods.	LONG	41.00	-0.02	HOLD
CPY	Photography	LONG	21.89	-0.73	HOLD
FINL	Retail (Apparel)	LONG	20.55	0.78	HOLD
SPY	Misc. Financial Services	SHORT	132.46	-0.30	HOLD
SPY	Misc. Financial Services	SHORT	132.46	-0.30	HOLD
BBY	Retail (Technology)	LONG	30.51	2.73	HOLD
CAAS	Auto and Truck Parts	LONG	10.68	-1.02	HOLD
NVMI	Semiconductors	LONG	10.56	4.87	HOLD
WATG	Auto and Truck Parts	LONG	5.36	-0.74	HOLD
MR	Scientific and Technical Instr.	LONG	26.21	-0.08	HOLD
SPY	Misc. Financial Services	SHORT	132.46	-0.30	HOLD
SPY	Misc. Financial Services	SHORT	132.46	-0.30	HOLD
APWR	Construction Services	LONG	4.27	-2.06	HOLD
SMA	Medical Equipment and Supplies	LONG	9.93	0.30	HOLD
AIR	Aerospace and Defense	LONG	25.97	-1.10	HOLD
SPY	Misc. Financial Services	SHORT	132.46	-0.30	HOLD
ESLT	Aerospace and Defense	LONG	55.67	3.48	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.47
SHORTS				-0.30
TOTAL				-0.17
S&P 500				-0.28
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO
Portfolio	0.01	0.79	-2.14	0.02
S&P 500	0.34	0.85	-4.78	0.40