14-Apr-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
COHU	Semiconductors	LONG	14.27	1.21	HOLD
MBT	Communications Services	LONG	20.61	-0.24	HOLD
TSO	Oil and Gas Operations	LONG	26.13	1.01	HOLD
GES	Retail (Apparel)	LONG	38.21	-1.93	HOLD
FDML	Auto and Truck Parts	LONG	25.05	0.12	HOLD
JBL	Electronic Instr. and Controls	LONG	18.95	-1.66	HOLD
RIMM	Communications Equipment	LONG	53.92	-1.15	HOLD
MED	Biotechnology and Drugs	LONG	16.82	0.84	HOLD
CTB	Tires	LONG	24.69	-0.20	HOLD
CMC	Iron and Steel	LONG	16.11	0.37	HOLD
NCT	Real Estate Operations	LONG	5.69	1.25	HOLD
BTH	Personal and Household Prods.	LONG	43.44	1.83	HOLD
FINL	Retail (Apparel)	LONG	20.26	1.20	HOLD
SPY	Misc. Financial Services	SHORT	131.56	0.08	HOLD
SPY	Misc. Financial Services	SHORT	131.56	0.08	HOLD
BBY	Retail (Technology)	LONG	29.46	-2.06	HOLD
CAAS	Auto and Truck Parts	LONG	9.73	-4.23	HOLD
NVMI	Semiconductors	LONG	10.00	-0.70	HOLD
WATG	Auto and Truck Parts	LONG	5.19	-2.26	HOLD
MR	Scientific and Technical Instr.	LONG	26.67	1.64	HOLD
SPY	Misc. Financial Services	SHORT	131.56	0.08	HOLD
SPY	Misc. Financial Services	SHORT	131.56	0.08	HOLD
SMA	Medical Equipment and Supplies	LONG	10.19	2.10	HOLD
AIR	Aerospace and Defense	LONG	25.37	-0.70	HOLD
SPY	Misc. Financial Services	SHORT	131.56	0.08	HOLD
SOL	Semiconductors	LONG	9.52	0.95	HOLD
CHDN	Casinos and Gaming	LONG	40.19	0.65	HOLD
NNBR	Misc. Fabricated Products	LONG	16.58	-1.66	HOLD
SSI	Retail (Apparel)	LONG	19.06	0.37	HOLD
SID	Misc. Fabricated Products	LONG	15.60	-0.32	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.14
SHORTS				0.08
TOTAL				-0.22
S&P 500				0.01
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO
Portfolio	-0.52	0.77	-2.14	-0.67
S&P 500	-0.42	0.81	-4.78	-0.51