19-Apr-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AIR	Aerospace and Defense	LONG	25.10	0.32	HOLD
BBY	Retail (Technology)	LONG	29.60	1.30	HOLD
BTH	Personal and Household Prods.	LONG	45.10	0.85	HOLD
CAAS	Auto and Truck Parts	LONG	9.77	4.72	HOLD
CCL	Recreational Activities	LONG	38.01	1.23	HOLD
CHDN	Casinos and Gaming	LONG	40.06	-1.43	HOLD
CMC	Iron and Steel	LONG	16.16	1.13	HOLD
COHU	Semiconductors	LONG	13.70	-0.72	HOLD
CTB	Tires	LONG	25.43	2.29	SELL
FDML	Auto and Truck Parts	LONG	24.80	-1.47	SELL
FINL	Retail (Apparel)	LONG	20.79	-0.48	SELL
GES	Retail (Apparel)	LONG	38.49	0.81	HOLD
HAS	Recreational Products	LONG	44.22	-0.20	BUY
JBL	Electronic Instr. and Controls	LONG	19.00	1.12	HOLD
MED	Biotechnology and Drugs	LONG	16.83	-1.17	HOLD
MR	Scientific and Technical Instr.	LONG	26.25	-0.46	HOLD
MTL	Iron and Steel	LONG	28.06	2.82	BUY
NCT	Real Estate Operations	LONG	5.66	-0.88	HOLD
NNBR	Misc. Fabricated Products	LONG	16.26	2.98	HOLD
NVMI	Semiconductors	LONG	9.56	-3.34	HOLD
RIMM	Communications Equipment	LONG	53.22	-2.94	HOLD
SID	Misc. Fabricated Products	LONG	15.61	1.56	HOLD
SMA	Medical Equipment and Supplies	LONG	9.86	-0.60	SELL
SOL	Semiconductors	LONG	8.84	-0.56	HOLD
SPY	Misc. Financial Services	SHORT	131.31	0.57	HOLD
SSI	Retail (Apparel)	LONG	18.51	-0.27	HOLD
STLD	Iron and Steel	LONG	18.46	5.73	BUY
TSO	Oil and Gas Operations	LONG	27.15	4.10	HOLD
WATG	Auto and Truck Parts	LONG	5.66	5.79	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				0.56
SHORTS				0.57
TOTAL				-0.02
S&P 500				0.57
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO
Portfolio	-0.13	0.75	-2.01	-0.18
S&P 500	-0.56	0.81	-4.78	-0.70