18-Apr-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
COHU	Semiconductors	LONG	13.80	-2.34	HOLD
TSO	Oil and Gas Operations	LONG	26.08	-1.73	HOLD
GES	Retail (Apparel)	LONG	38.18	-1.85	HOLD
FDML	Auto and Truck Parts	LONG	25.17	0.00	HOLD
JBL	Electronic Instr. and Controls	LONG	18.79	-2.03	HOLD
RIMM	Communications Equipment	LONG	54.83	2.68	HOLD
MED	Biotechnology and Drugs	LONG	17.03	-0.23	HOLD
CTB	Tires	LONG	24.86	-0.76	HOLD
CMC	Iron and Steel	LONG	15.98	-1.78	HOLD
NCT	Real Estate Operations	LONG	5.71	-1.72	HOLD
BTH	Personal and Household Prods.	LONG	44.72	0.99	HOLD
FINL	Retail (Apparel)	LONG	20.89	-0.81	HOLD
SPY	Misc. Financial Services	SHORT	130.56	-1.12	HOLD
SPY	Misc. Financial Services	SHORT	130.56	-1.12	HOLD
BBY	Retail (Technology)	LONG	29.22	1.28	HOLD
CAAS	Auto and Truck Parts	LONG	9.33	-3.81	HOLD
NVMI	Semiconductors	LONG	9.89	-1.98	HOLD
WATG	Auto and Truck Parts	LONG	5.35	4.90	HOLD
MR	Scientific and Technical Instr.	LONG	26.37	-1.97	HOLD
SPY	Misc. Financial Services	SHORT	130.56	-1.12	HOLD
SPY	Misc. Financial Services	SHORT	130.56	-1.12	HOLD
SMA	Medical Equipment and Supplies	LONG	9.92	-2.55	HOLD
AIR	Aerospace and Defense	LONG	25.02	-2.42	HOLD
SPY	Misc. Financial Services	SHORT	130.56	-1.12	HOLD
SOL	Semiconductors	LONG	8.89	-3.47	HOLD
CHDN	Casinos and Gaming	LONG	40.64	-1.24	HOLD
NNBR	Misc. Fabricated Products	LONG	15.79	-6.01	HOLD
SSI	Retail (Apparel)	LONG	18.56	-2.11	HOLD
SID	Misc. Fabricated Products	LONG	15.37	-1.85	HOLD
CCL	Recreational Activities	LONG	37.55	-1.13	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-1.28
SHORTS				-1.12
TOTAL				-0.16
S&P 500				-1.10
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO
Portfolio	-0.11	0.77	-2.01	-0.15
S&P 500	-1.13	0.81	-4.78	-1.39