12-May-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
BGFV	Retail (Specialty)	LONG	10.06	0.60	HOLD
CBR	Software and Programming	LONG	6.57	3.14	HOLD
CPTS	Medical Equipment and Supplies	LONG	12.77	0.47	HOLD
DDIC	Electronic Instr. and Controls	LONG	9.05	0.56	HOLD
DSPG	Semiconductors	LONG	8.14	1.75	HOLD
ENZN	Biotechnology and Drugs	LONG	11.59	0.17	HOLD
EPAX	Personal Services	LONG	10.00	1.94	HOLD
FSCI	Broadcasting and Cable TV	LONG	28.89	0.00	HOLD
HZO	Retail (Specialty)	LONG	9.47	1.18	HOLD
IVAC	Computer Storage Devices	LONG	11.73	5.96	HOLD
JAKK	Recreational Products	LONG	20.42	1.39	HOLD
KNSY	Medical Equipment and Supplies	LONG	24.00	1.78	HOLD
LINC	Schools	LONG	14.88	5.46	HOLD
OPLK	Communications Equipment	LONG	18.36	-1.29	HOLD
PACR	Misc. Transportation	LONG	5.69	0.26	HOLD
PLAB	Semiconductors	LONG	8.26	0.36	HOLD
PMFG	Scientific and Technical Instr.	LONG	20.86	1.61	HOLD
PRM	Printing and Publishing	LONG	4.37	1.63	HOLD
RBCN	Semiconductors	LONG	25.17	-0.16	HOLD
RSYS	Computer Hardware	LONG	8.99	-0.77	HOLD
SPY	Misc. Financial Services	SHORT	135.08	0.48	HOLD
UCTT	Semiconductors	LONG	11.39	1.42	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				1.31
SHORTS				0.48
TOTAL				0.83
S&P 500				0.49
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO
Portfolio	-1.84	0.79	-2.65	-2.34
S&P 500	2.17	0.76	-4.78	2.85