03-Jun-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AZN	Biotechnology and Drugs	LONG	51.24	0.00	HOLD
BR	Misc. Financial Services	LONG	22.85	-1.34	SELL
CBR	Software and Programming	LONG	5.75	-2.21	HOLD
CECO		LONG	24.59	2.03	SELL
CENT	Personal and Household Prods.	LONG	10.16	-0.10	HOLD
CQB	Crops	LONG	13.98	-4.12	HOLD
CROX	Footwear	LONG	21.65	0.69	HOLD
CVI	Oil and Gas Operations	LONG	21.30	3.00	HOLD
DEST	Retail (Apparel)	LONG	17.47	-4.20	HOLD
DIOD	Semiconductors	LONG	27.77	-2.42	HOLD
FDP	Crops	LONG	26.69	-2.06	HOLD
IXYS	Semiconductors	LONG	12.71	-3.64	HOLD
JJSF	Food Processing	LONG	48.32	-2.36	HOLD
LYTS	Furniture and Fixtures	LONG	7.30	0.27	HOLD
MDF	Healthcare Facilities	LONG	4.54	-2.37	HOLD
RSYS	Computer Hardware	LONG	8.14	-1.57	HOLD
SMRT	Retail (Apparel)	LONG	8.91	-4.71	SELL
SOLR	Semiconductors	LONG	13.53	12.52	HOLD
SPA		LONG	9.47	0.21	BUY
SPY	Misc. Financial Services	SHORT	130.42	-0.99	HOLD
STMP	Retail (Catalog and Mail Order)	LONG	12.17	-3.72	BUY
SWM	Paper and Paper Products	LONG	51.18	-0.74	BUY
TICC	Misc. Financial Services	LONG	10.13	0.30	HOLD
WSTL	Communications Equipment	LONG	3.59	1.13	HOLD
ZEUS	Misc. Fabricated Products	LONG	27.12	-2.16	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.63
SHORTS				-0.99
TOTAL				0.36
S&P 500				-0.97
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO
Portfolio	1.70	0.86	-2.35	1.96
S&P 500	-1.50	0.74	-4.78	-2.03

03-Jun-2011 Daily positions

Pre Opening Longs: AZN, BR, CBR, CECO, CENT, CQB, CROX, CVI, DEST, DIOD,
FDP, IXYS, JJSF, LYTS, MDF, RSYS, SMRT, SOLR, TICC, WSTL, ZEUS
Pre Opening Shorts: SPY

02-Jun-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AZN	Biotechnology and Drugs	LONG	51.24	-0.76	HOLD
BR	Misc. Financial Services	LONG	23.16	1.05	HOLD
BTH	Personal and Household Prods.	LONG	44.68	-0.07	SELL
CBR	Software and Programming	LONG	5.88	0.34	HOLD
CECO		LONG	24.10	5.38	HOLD
CENT	Personal and Household Prods.	LONG	10.17	0.00	HOLD
CQB	Crops	LONG	14.58	-0.21	HOLD
CROX	Footwear	LONG	21.50	-1.92	BUY
CVI	Oil and Gas Operations	LONG	20.68	-1.01	HOLD
DEST	Retail (Apparel)	LONG	18.41	-5.83	HOLD
DIOD	Semiconductors	LONG	28.46	0.07	HOLD
FDP	Crops	LONG	27.25	0.66	HOLD
IXYS	Semiconductors	LONG	13.19	1.23	HOLD
JJSF	Food Processing	LONG	49.49	-0.64	HOLD
LYTS	Furniture and Fixtures	LONG	7.28	1.25	HOLD
MDF	Healthcare Facilities	LONG	4.65	0.00	HOLD
RSYS	Computer Hardware	LONG	8.27	0.36	HOLD
SMRT	Retail (Apparel)	LONG	9.35	-0.64	HOLD
SOLR	Semiconductors	LONG	12.02	-0.74	HOLD
SPY	Misc. Financial Services	SHORT	131.73	-0.11	HOLD
TICC	Misc. Financial Services	LONG	10.10	1.00	HOLD
WSTL	Communications Equipment	LONG	3.55	1.43	HOLD
ZEUS	Misc. Fabricated Products	LONG	27.72	-2.15	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				0.03
SHORTS				-0.11
TOTAL				0.14
S&P 500				-0.12
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO
Portfolio	0.50	0.86	-2.35	0.58
S&P 500	-0.54	0.74	-4.78	-0.73

02-Jun-2011 Daily positions

Pre Opening Longs: AZN, BR, BTH, CBR, CECO, CENT, CQB, CVI, DEST, DIOD,
FDP, IXYS, JJSF, LYTS, MDF, RSYS, SMRT, SOLR, TICC, WSTL, ZEUS
Pre Opening Shorts: SPY

01-Jun-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AZN	Biotechnology and Drugs	LONG	51.63	-1.47	HOLD
BR	Misc. Financial Services	LONG	22.92	0.17	HOLD
BTH	Personal and Household Prods.	LONG	44.71	-1.91	HOLD
CBR	Software and Programming	LONG	5.86	-3.93	HOLD
CECO		LONG	22.87	6.37	HOLD
CENT	Personal and Household Prods.	LONG	10.17	-0.49	HOLD
CQB	Crops	LONG	14.61	-1.95	HOLD
CVI	Oil and Gas Operations	LONG	20.89	-4.44	HOLD
DEST	Retail (Apparel)	LONG	19.55	-5.19	HOLD
DIOD	Semiconductors	LONG	28.44	-2.60	HOLD
ESI	Schools	LONG	70.73	2.84	SELL
FDP	Crops	LONG	27.07	-1.53	HOLD
IXYS	Semiconductors	LONG	13.03	-6.19	BUY
JJSF	Food Processing	LONG	49.81	-3.32	HOLD
LYTS	Furniture and Fixtures	LONG	7.19	-4.39	HOLD
MDF	Healthcare Facilities	LONG	4.65	-4.52	HOLD
RSYS	Computer Hardware	LONG	8.24	-4.52	HOLD
SMG	Chemical Manufacturing	LONG	56.80	-1.56	SELL
SMRT	Retail (Apparel)	LONG	9.41	-3.98	HOLD
SOLR	Semiconductors	LONG	12.11	-5.05	BUY
SPY	Misc. Financial Services	SHORT	131.87	-2.25	HOLD
TICC	Misc. Financial Services	LONG	10.00	-2.44	HOLD
WSTL	Communications Equipment	LONG	3.50	2.04	BUY
ZEUS	Misc. Fabricated Products	LONG	28.33	-3.38	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-2.11
SHORTS				-2.25
TOTAL				0.14
S&P 500				-2.28
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO
Portfolio	-0.15	0.85	-2.35	-0.17
S&P 500	-0.41	0.80	-4.78	-0.52

31-May-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AM	Printing and Publishing	LONG	24.00	1.61	SELL
AZN	Biotechnology and Drugs	LONG	52.40	0.92	HOLD
BR	Misc. Financial Services	LONG	22.88	0.26	HOLD
BTH	Personal and Household Prods.	LONG	45.58	1.99	HOLD
CBR	Software and Programming	LONG	6.10	3.57	HOLD
CECO		LONG	21.50	-1.60	HOLD
CENT	Personal and Household Prods.	LONG	10.22	1.89	HOLD
CQB	Crops	LONG	14.90	5.90	HOLD
CVI	Oil and Gas Operations	LONG	21.86	1.30	BUY
DEST	Retail (Apparel)	LONG	20.62	-1.20	HOLD
DIOD	Semiconductors	LONG	29.20	0.17	BUY
ELY	Recreational Products	LONG	6.77	-0.44	SELL
EPAX	Personal Services	LONG	9.52	2.48	SELL
ESI	Schools	LONG	68.78	-2.95	HOLD
FDP	Crops	LONG	27.49	2.00	HOLD
HRB	Personal Services	LONG	16.20	1.44	SELL
JJSF	Food Processing	LONG	51.52	2.08	BUY
LYTS	Furniture and Fixtures	LONG	7.52	-0.13	BUY
MDF	Healthcare Facilities	LONG	4.87	1.67	HOLD
TPC	Construction Services	LONG	20.30	2.06	SELL
RSYS	Computer Hardware	LONG	8.63	1.77	BUY
SMG	Chemical Manufacturing	LONG	57.70	-2.30	HOLD
SMRT	Retail (Apparel)	LONG	9.80	2.83	HOLD
SPY	Misc. Financial Services	SHORT	134.90	1.04	HOLD
TICC	Misc. Financial Services	LONG	10.25	0.00	BUY
VLO	Oil and Gas Operations	LONG	27.50	2.15	SELL
WMAR	Retail (Specialty)	LONG	10.39	-1.05	SELL
ZEUS	Misc. Fabricated Products	LONG	29.32	-0.15	BUY
TODAY SUMMARY				GAINS(%)
LONGS				1.06
SHORTS				1.04
TOTAL				0.02
S&P 500				1.06
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO
Portfolio	-0.28	0.86	-2.35	-0.33
S&P 500	1.91	3976.23	-100.33	0.00