17-May-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AM	Printing and Publishing	LONG	23.08	-0.86	BUY
BGFV	Retail (Specialty)	LONG	9.58	-2.34	HOLD
BR	Misc. Financial Services	LONG	22.43	0.13	HOLD
BTH	Personal and Household Prods.	LONG	43.70	1.13	HOLD
CBR	Software and Programming	LONG	5.98	-3.39	HOLD
CQB	Crops	LONG	14.47	-1.16	HOLD
DDIC	Electronic Instr. and Controls	LONG	8.88	-0.22	HOLD
DSPG	Semiconductors	LONG	7.87	-2.72	SELL
EPAX	Personal Services	LONG	9.73	-1.32	HOLD
HRB	Personal Services	LONG	16.05	1.13	HOLD
HZO	Retail (Specialty)	LONG	8.71	-6.65	HOLD
KNSY	Medical Equipment and Supplies	LONG	23.64	1.11	HOLD
LINC	Schools	LONG	14.72	-0.81	SELL
OPLK	Communications Equipment	LONG	17.51	0.86	HOLD
PACR	Misc. Transportation	LONG	5.35	-2.73	HOLD
TPC	Construction Services	LONG	20.13	-4.73	BUY
PLAB	Semiconductors	LONG	8.96	12.00	HOLD
PMFG	Scientific and Technical Instr.	LONG	18.57	-4.82	SELL
RBCN	Semiconductors	LONG	22.92	-5.17	HOLD
RSYS	Computer Hardware	LONG	8.25	-3.06	HOLD
SPY	Misc. Financial Services	SHORT	133.17	-0.02	HOLD
STEC	Computer Storage Devices	LONG	14.53	-2.35	HOLD
UCTT	Semiconductors	LONG	10.40	-2.62	HOLD
VLO	Oil and Gas Operations	LONG	25.90	-1.26	HOLD
WMAR	Retail (Specialty)	LONG	10.32	0.68	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-1.07
SHORTS				-0.02
TOTAL				-1.06
S&P 500				-0.04
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO
Portfolio	-2.07	0.98	-3.61	-2.10
S&P 500	0.68	0.74	-4.78	0.92