16-May-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
BGFV	Retail (Specialty)	LONG	9.81	-0.66	HOLD
BR	Misc. Financial Services	LONG	22.40	-1.50	BUY
BTH	Personal and Household Prods.	LONG	43.21	-2.50	HOLD
CBR	Software and Programming	LONG	6.19	-3.13	HOLD
CQB	Crops	LONG	14.64	-2.27	BUY
DDIC	Electronic Instr. and Controls	LONG	8.90	-0.67	HOLD
DSPG	Semiconductors	LONG	8.09	-0.86	HOLD
EPAX	Personal Services	LONG	9.86	-0.30	HOLD
FSCI	Broadcasting and Cable TV	LONG	26.46	-4.75	SELL
HRB	Personal Services	LONG	15.87	0.32	HOLD
HZO	Retail (Specialty)	LONG	9.33	-1.37	HOLD
JAKK	Recreational Products	LONG	20.27	-0.20	SELL
KNSY	Medical Equipment and Supplies	LONG	23.38	-1.31	HOLD
LINC	Schools	LONG	14.84	0.78	HOLD
OPLK	Communications Equipment	LONG	17.36	-3.39	HOLD
PACR	Misc. Transportation	LONG	5.50	-1.43	HOLD
PLAB	Semiconductors	LONG	8.00	-1.36	HOLD
PMFG	Scientific and Technical Instr.	LONG	19.51	-2.69	HOLD
PRM	Printing and Publishing	LONG	7.02	60.27	SELL
RBCN	Semiconductors	LONG	24.17	-3.40	HOLD
RSYS	Computer Hardware	LONG	8.51	-1.22	HOLD
SPY	Misc. Financial Services	SHORT	133.19	-0.63	HOLD
STEC	Computer Storage Devices	LONG	14.88	0.54	BUY
UCTT	Semiconductors	LONG	10.68	-2.02	HOLD
VLO	Oil and Gas Operations	LONG	26.23	-1.50	HOLD
WMAR	Retail (Specialty)	LONG	10.25	-3.03	BUY
TODAY SUMMARY				GAINS(%)
LONGS				1.36
SHORTS				-0.63
TOTAL				2.00
S&P 500				-0.62
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO
Portfolio	-1.01	0.96	-3.61	-1.05
S&P 500	0.72	0.75	-4.78	0.96