24-Jun-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
CASC	Auto and Truck Parts	LONG	44.01	-1.76	HOLD
CBR	Software and Programming	LONG	5.21	-0.19	HOLD
CROX	Footwear	LONG	24.81	-1.59	HOLD
CVI	Oil and Gas Operations	LONG	22.79	-6.33	HOLD
DDE	Casinos and Gaming	LONG	3.25	0.93	HOLD
DIOD	Semiconductors	LONG	24.71	-1.59	HOLD
HURC	Scientific and Technical Instr.	LONG	30.74	1.12	HOLD
IIIN	Constr. - Supplies and Fixtures	LONG	11.98	-0.99	HOLD
JJSF	Food Processing	LONG	48.52	-0.74	HOLD
LTXC	Semiconductors	LONG	8.83	-1.56	HOLD
LYTS	Furniture and Fixtures	LONG	8.14	3.04	HOLD
LZB	Furniture and Fixtures	LONG	9.37	-2.40	BUY
MASC	Misc. Fabricated Products	LONG	7.31	1.39	HOLD
RCKY	Footwear	LONG	11.74	0.69	HOLD
RSYS	Computer Hardware	LONG	7.25	-2.03	HOLD
SOL	Semiconductors	LONG	5.04	-0.40	SELL
SPA		LONG	9.00	3.63	HOLD
SPY	Misc. Financial Services	SHORT	126.81	-1.16	HOLD
STMP	Retail (Catalog and Mail Order)	LONG	12.85	2.07	HOLD
SWM	Paper and Paper Products	LONG	53.70	1.11	HOLD
TICC	Misc. Financial Services	LONG	9.56	-1.65	HOLD
TSEM	Semiconductors	LONG	1.14	0.88	HOLD
WSTL	Communications Equipment	LONG	3.43	-4.46	HOLD
ZEUS	Misc. Fabricated Products	LONG	25.79	-0.85	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.42
SHORTS				-1.16
TOTAL				0.74
S&P 500				-1.17
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO
Portfolio	2.75	1.16	-4.61	2.37
S&P 500	-3.91	2.17	-7.20	-1.80

24-Jun-2011 Daily positions

Pre Opening Longs: CASC, CBR, CROX, CVI, DDE, DIOD, HURC, IIIN, JJSF, LTXC,
LYTS, MASC, RCKY, RSYS, SOL, SPA, STMP, SWM, TICC, TSEM, WSTL, ZEUS
Pre Opening Shorts: SPY

23-Jun-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
CASC	Auto and Truck Parts	LONG	44.80	1.27	BUY
CBR	Software and Programming	LONG	5.22	1.16	HOLD
COOL	Software and Programming	LONG	2.85	-7.01	SELL
CROX	Footwear	LONG	25.21	2.44	HOLD
CVI	Oil and Gas Operations	LONG	24.33	0.79	HOLD
DDE	Casinos and Gaming	LONG	3.22	-2.42	HOLD
DIOD	Semiconductors	LONG	25.11	2.66	HOLD
HURC	Scientific and Technical Instr.	LONG	30.40	0.23	HOLD
IIIN	Constr. - Supplies and Fixtures	LONG	12.10	1.34	HOLD
JJSF	Food Processing	LONG	48.88	0.49	HOLD
LTXC	Semiconductors	LONG	8.97	1.93	HOLD
LYTS	Furniture and Fixtures	LONG	7.90	0.00	HOLD
MASC	Misc. Fabricated Products	LONG	7.21	-0.55	HOLD
RCKY	Footwear	LONG	11.66	-0.51	HOLD
RSYS	Computer Hardware	LONG	7.40	1.23	HOLD
SOL	Semiconductors	LONG	5.06	2.02	HOLD
SPA		LONG	8.69	-1.64	HOLD
SPY	Misc. Financial Services	SHORT	128.30	-0.29	HOLD
STMP	Retail (Catalog and Mail Order)	LONG	12.59	1.45	HOLD
SWM	Paper and Paper Products	LONG	53.11	0.97	HOLD
TICC	Misc. Financial Services	LONG	9.72	-0.51	HOLD
TSEM	Semiconductors	LONG	1.13	-2.59	HOLD
WSTL	Communications Equipment	LONG	3.59	0.28	HOLD
ZEUS	Misc. Fabricated Products	LONG	26.01	0.00	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				0.08
SHORTS				-0.29
TOTAL				0.37
S&P 500				-0.28
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO
Portfolio	2.00	1.09	-2.78	1.83
S&P 500	-2.77	2.08	-4.78	-1.33

23-Jun-2011 Daily positions

Pre Opening Longs: CBR, COOL, CROX, CVI, DDE, DIOD, HURC, IIIN, JJSF, LTXC,
LYTS, MASC, RCKY, RSYS, SOL, SPA, STMP, SWM, TICC, TSEM, WSTL, ZEUS
Pre Opening Shorts: SPY

22-Jun-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
CBR	Software and Programming	LONG	5.16	2.58	HOLD
COOL	Software and Programming	LONG	3.07	-3.01	HOLD
CROX	Footwear	LONG	24.61	-0.24	HOLD
CVI	Oil and Gas Operations	LONG	24.14	3.61	HOLD
DDE	Casinos and Gaming	LONG	3.30	2.80	HOLD
DIOD	Semiconductors	LONG	24.46	-0.08	HOLD
HURC	Scientific and Technical Instr.	LONG	30.33	-0.88	BUY
IIIN	Constr. - Supplies and Fixtures	LONG	11.94	-4.25	HOLD
JJSF	Food Processing	LONG	48.64	-1.02	HOLD
LTXC	Semiconductors	LONG	8.80	-1.01	HOLD
LYTS	Furniture and Fixtures	LONG	7.90	-2.47	HOLD
MASC	Misc. Fabricated Products	LONG	7.25	0.42	HOLD
RCKY	Footwear	LONG	11.72	1.91	HOLD
RSYS	Computer Hardware	LONG	7.31	-2.01	HOLD
SOL	Semiconductors	LONG	4.96	13.76	HOLD
SPA		LONG	8.83	-0.34	HOLD
SPY	Misc. Financial Services	SHORT	128.67	-0.60	SHORT
STMP	Retail (Catalog and Mail Order)	LONG	12.41	-1.59	HOLD
SWM	Paper and Paper Products	LONG	52.60	0.10	HOLD
TICC	Misc. Financial Services	LONG	9.77	0.93	HOLD
TSEM	Semiconductors	LONG	1.16	0.00	HOLD
WSTL	Communications Equipment	LONG	3.58	-0.56	HOLD
ZEUS	Misc. Fabricated Products	LONG	26.01	-1.85	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				0.37
SHORTS				-0.60
TOTAL				0.97
S&P 500				-0.65
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO
Portfolio	1.85	1.08	-2.78	1.71
S&P 500	-2.49	2.07	-4.78	-1.20

22-Jun-2011 Daily positions

Pre Opening Longs: CBR, COOL, CROX, CVI, DDE, DIOD, IIIN, JJSF, LTXC, LYTS,
MASC, RCKY, RSYS, SOL, SPA, STMP, SWM, TICC, TSEM, WSTL, ZEUS
Pre Opening Shorts: SPY

21-Jun-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
CBR	Software and Programming	LONG	5.03	1.82	HOLD
COOL	Software and Programming	LONG	3.16	4.64	HOLD
CROX	Footwear	LONG	24.67	0.12	HOLD
CVI	Oil and Gas Operations	LONG	23.30	3.23	HOLD
DDE	Casinos and Gaming	LONG	3.21	1.26	HOLD
DEST	Retail (Apparel)	LONG	18.77	8.75	SELL
DIOD	Semiconductors	LONG	24.48	4.17	HOLD
IIIN	Constr. - Supplies and Fixtures	LONG	12.50	5.40	HOLD
JJSF	Food Processing	LONG	49.14	1.87	HOLD
LTXC	Semiconductors	LONG	8.89	2.30	HOLD
LYTS	Furniture and Fixtures	LONG	8.10	3.71	HOLD
MASC	Misc. Fabricated Products	LONG	7.22	0.56	BUY
RCKY	Footwear	LONG	11.50	-0.09	HOLD
RSYS	Computer Hardware	LONG	7.46	3.90	HOLD
SOL	Semiconductors	LONG	4.36	-5.42	HOLD
SPA		LONG	8.86	-1.77	HOLD
SPY	Misc. Financial Services	SHORT	129.45	1.37	HOLD
STMP	Retail (Catalog and Mail Order)	LONG	12.61	4.91	HOLD
SWM	Paper and Paper Products	LONG	52.55	2.26	HOLD
TICC	Misc. Financial Services	LONG	9.68	1.57	HOLD
TSEM	Semiconductors	LONG	1.16	1.75	HOLD
WSTL	Communications Equipment	LONG	3.60	0.00	HOLD
ZEUS	Misc. Fabricated Products	LONG	26.50	1.92	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				2.20
SHORTS				1.37
TOTAL				0.83
S&P 500				1.34
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO
Portfolio	0.88	1.04	-2.78	0.85
S&P 500	-1.86	2.06	-4.78	-0.90

21-Jun-2011 Daily positions

Pre Opening Longs: CBR, COOL, CROX, CVI, DDE, DEST, DIOD, IIIN, JJSF, LTXC,
LYTS, RCKY, RSYS, SOL, SPA, STMP, SWM, TICC, TSEM, WSTL, ZEUS
Pre Opening Shorts: SPY

20-Jun-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
CBR	Software and Programming	LONG	4.94	0.20	HOLD
COOL	Software and Programming	LONG	3.02	-5.03	HOLD
CROX	Footwear	LONG	24.64	6.16	HOLD
CVI	Oil and Gas Operations	LONG	22.57	0.89	HOLD
DDE	Casinos and Gaming	LONG	3.17	-3.06	HOLD
DEST	Retail (Apparel)	LONG	17.26	-0.98	HOLD
DIOD	Semiconductors	LONG	23.50	-0.84	HOLD
IIIN	Constr. - Supplies and Fixtures	LONG	11.86	0.17	HOLD
JJSF	Food Processing	LONG	48.24	0.54	HOLD
LTXC	Semiconductors	LONG	8.69	2.36	HOLD
LYTS	Furniture and Fixtures	LONG	7.81	0.39	HOLD
RCKY	Footwear	LONG	11.51	1.77	HOLD
RSYS	Computer Hardware	LONG	7.18	-1.37	HOLD
SOL	Semiconductors	LONG	4.61	-6.49	HOLD
SPA		LONG	9.02	-3.01	HOLD
SPY	Misc. Financial Services	SHORT	127.70	0.51	HOLD
STMP	Retail (Catalog and Mail Order)	LONG	12.02	0.17	HOLD
SWM	Paper and Paper Products	LONG	51.39	0.90	HOLD
TICC	Misc. Financial Services	LONG	9.53	-0.83	HOLD
TSEM	Semiconductors	LONG	1.14	-5.00	HOLD
WSTL	Communications Equipment	LONG	3.60	0.84	HOLD
ZEUS	Misc. Fabricated Products	LONG	26.00	3.46	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.42
SHORTS				0.51
TOTAL				-0.93
S&P 500				0.54
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO
Portfolio	-0.13	1.08	-2.78	-0.12
S&P 500	-3.16	2.17	-4.78	-1.45

20-Jun-2011 Daily positions

Pre Opening Longs: CBR, COOL, CROX, CVI, DDE, DEST, DIOD, IIIN, JJSF, LTXC,
LYTS, RCKY, RSYS, SOL, SPA, STMP, SWM, TICC, TSEM, WSTL, ZEUS
Pre Opening Shorts: SPY