23-May-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AM	Printing and Publishing	LONG	22.63	-2.41	HOLD
AZN	Biotechnology and Drugs	LONG	50.50	-2.06	HOLD
BR	Misc. Financial Services	LONG	22.40	-1.19	HOLD
BTH	Personal and Household Prods.	LONG	43.56	-1.34	HOLD
CBR	Software and Programming	LONG	5.80	-2.36	HOLD
CECO		LONG	21.13	-3.95	HOLD
CENT	Personal and Household Prods.	LONG	9.99	-1.87	HOLD
CQB	Crops	LONG	13.93	-1.90	HOLD
DEST	Retail (Apparel)	LONG	20.10	-1.86	BUY
ELY	Recreational Products	LONG	6.75	-0.74	HOLD
EPAX	Personal Services	LONG	9.45	-0.11	HOLD
ESI	Schools	LONG	66.93	-2.28	HOLD
FDP	Crops	LONG	26.69	-0.96	HOLD
HRB	Personal Services	LONG	16.26	-0.43	HOLD
MDF	Healthcare Facilities	LONG	4.57	-2.14	HOLD
TPC	Construction Services	LONG	19.31	-2.77	HOLD
SMG	Chemical Manufacturing	LONG	56.88	-1.04	HOLD
SMRT	Retail (Apparel)	LONG	9.77	-2.20	HOLD
SPY	Misc. Financial Services	SHORT	132.06	-1.16	HOLD
STEC	Computer Storage Devices	LONG	16.33	-0.55	SELL
VLO	Oil and Gas Operations	LONG	25.93	-0.46	HOLD
WMAR	Retail (Specialty)	LONG	10.28	-0.68	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-1.57
SHORTS				-1.16
TOTAL				-0.41
S&P 500				-1.19
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO
Portfolio	-1.97	0.94	-3.63	-2.09
S&P 500	-0.20	0.75	-4.78	-0.27