02-May-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AIR	Aerospace and Defense	LONG	25.97	-0.27	HOLD
AM	Printing and Publishing	LONG	23.70	-3.66	SELL
BGFV	Retail (Specialty)	LONG	11.78	-1.42	BUY
BTH	Personal and Household Prods.	LONG	45.50	-3.48	SELL
CMRG	Retail (Apparel)	LONG	4.14	-1.90	HOLD
CORE	Retail (Grocery)	LONG	33.84	0.98	HOLD
DDIC	Electronic Instr. and Controls	LONG	9.29	-3.33	HOLD
DSPG	Semiconductors	LONG	7.88	-2.48	BUY
ELY	Recreational Products	LONG	6.99	-1.20	HOLD
HHGP	Business Services	LONG	5.58	-7.46	HOLD
JAKK	Recreational Products	LONG	20.32	-3.42	HOLD
JOUT	Recreational Products	LONG	16.48	-0.66	HOLD
KNSY	Medical Equipment and Supplies	LONG	24.73	0.00	HOLD
LYTS	Furniture and Fixtures	LONG	8.34	0.59	HOLD
MED	Biotechnology and Drugs	LONG	19.81	0.30	SELL
PACR	Misc. Transportation	LONG	5.84	-2.42	HOLD
PETS	Retail (Drugs)	LONG	14.74	-2.32	HOLD
PLAB	Semiconductors	LONG	8.31	-4.81	HOLD
PRSC	Personal Services	LONG	14.29	-3.05	BUY
RBCN	Semiconductors	LONG	28.11	-1.40	HOLD
RSYS	Computer Hardware	LONG	8.69	-1.36	HOLD
SPY	Misc. Financial Services	SHORT	136.06	-0.27	HOLD
UCTT	Semiconductors	LONG	11.15	-2.96	HOLD
WGO	Mobile Homes and RVs	LONG	12.01	-2.99	HOLD
XRTX	Computer Storage Devices	LONG	10.05	-1.57	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-2.06
SHORTS				-0.27
TOTAL				-1.79
S&P 500				-0.18
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO
Portfolio	-0.32	0.76	-2.01	-0.42
S&P 500	3.12	0.77	-4.78	4.04