06-Oct-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AM	Printing and Publishing	LONG	16.59	0.48	HOLD
BKR	Construction Services	LONG	19.72	0.10	HOLD
CPE	Oil and Gas Operations	LONG	3.65	4.29	HOLD
CRTX	Biotechnology and Drugs	LONG	6.48	3.51	HOLD
CRY	Medical Equipment and Supplies	LONG	4.50	2.97	HOLD
HOFT	Furniture and Fixtures	LONG	9.60	3.00	HOLD
HURC	Scientific and Technical Instr.	LONG	23.75	2.02	HOLD
JST	Electronic Instr. and Controls	LONG	7.50	0.13	HOLD
KELYA	Business Services	LONG	12.80	1.83	HOLD
LCUT	Personal and Household Prods.	LONG	9.70	-7.09	HOLD
MASC	Misc. Fabricated Products	LONG	6.78	3.20	HOLD
MOV	Jewelry and Silverware	LONG	14.58	8.48	HOLD
MSB	Misc. Financial Services	LONG	21.22	-0.33	HOLD
PERY	Apparel/Accessories	LONG	20.71	3.19	HOLD
RCKY	Footwear	LONG	9.74	2.63	HOLD
SFE	Business Services	LONG	15.25	1.60	HOLD
SIGA	Biotechnology and Drugs	LONG	3.35	0.60	HOLD
SPY	Misc. Financial Services	SHORT	116.49	1.81	COVER
STRT	Auto and Truck Parts	LONG	24.20	0.00	HOLD
TSEM	Semiconductors	LONG	0.64	3.23	HOLD
UFI	Textiles - Non Apparel	LONG	8.47	0.71	HOLD
XRTX	Computer Storage Devices	LONG	11.14	1.92	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				1.74
SHORTS				1.81
TOTAL				-0.07
S&P 500				1.81
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-10.08	3.32	-17.53	-4.97	-0.94
S&P 500	-10.73	3.68	-18.61	-4.77	-0.94

06-Oct-2011 Daily positions

Pre Opening Longs: AM, BKR, CPE, CRTX, CRY, HOFT, HURC, JST, KELYA, LCUT,
MASC, MOV, MSB, PERY, RCKY, SFE, SIGA, STRT, TSEM, UFI, XRTX
Pre Opening Shorts: SPY

05-Oct-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AM	Printing and Publishing	LONG	16.51	-0.12	HOLD
BKR	Construction Services	LONG	19.70	-3.38	HOLD
CPE	Oil and Gas Operations	LONG	3.50	-1.69	HOLD
CRTX	Biotechnology and Drugs	LONG	6.26	-11.21	HOLD
CRY	Medical Equipment and Supplies	LONG	4.37	-2.02	HOLD
HOFT	Furniture and Fixtures	LONG	9.32	4.13	HOLD
HURC	Scientific and Technical Instr.	LONG	23.28	12.90	BUY
JST	Electronic Instr. and Controls	LONG	7.49	8.08	HOLD
KELYA	Business Services	LONG	12.57	0.32	HOLD
LCUT	Personal and Household Prods.	LONG	10.44	-5.61	HOLD
MASC	Misc. Fabricated Products	LONG	6.57	1.08	HOLD
MLR	Auto and Truck Manufacturers	LONG	17.81	-1.60	SELL
MOV	Jewelry and Silverware	LONG	13.44	1.66	HOLD
MSB	Misc. Financial Services	LONG	21.29	5.14	HOLD
PERY	Apparel/Accessories	LONG	20.07	3.83	HOLD
RCKY	Footwear	LONG	9.49	1.71	HOLD
SFE	Business Services	LONG	15.01	-1.90	HOLD
SIGA	Biotechnology and Drugs	LONG	3.33	-3.76	HOLD
SPY	Misc. Financial Services	SHORT	114.42	1.85	HOLD
STRT	Auto and Truck Parts	LONG	24.20	0.00	HOLD
TSEM	Semiconductors	LONG	0.62	1.21	HOLD
UFI	Textiles - Non Apparel	LONG	8.41	0.48	HOLD
XRTX	Computer Storage Devices	LONG	10.93	3.31	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.02
SHORTS				1.85
TOTAL				-1.87
S&P 500				1.85
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-10.01	3.32	-17.53	-4.98	-0.94
S&P 500	-12.32	3.62	-18.61	-5.56	-1.08

05-Oct-2011 Daily positions

Pre Opening Longs: AM, BKR, CPE, CRTX, CRY, HOFT, JST, KELYA, LCUT, MASC,
MLR, MOV, MSB, PERY, RCKY, SFE, SIGA, STRT, TSEM, UFI, XRTX
Pre Opening Shorts: SPY

04-Oct-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AM	Printing and Publishing	LONG	16.68	-6.45	HOLD
BKR	Construction Services	LONG	20.39	15.52	HOLD
CPE	Oil and Gas Operations	LONG	3.56	8.87	HOLD
CRTX	Biotechnology and Drugs	LONG	7.05	21.76	HOLD
CRY	Medical Equipment and Supplies	LONG	4.46	4.69	HOLD
HOFT	Furniture and Fixtures	LONG	8.95	1.13	HOLD
JST	Electronic Instr. and Controls	LONG	6.93	-6.98	HOLD
KELYA	Business Services	LONG	12.53	14.95	HOLD
LCUT	Personal and Household Prods.	LONG	11.06	27.57	HOLD
MASC	Misc. Fabricated Products	LONG	6.50	0.46	HOLD
MLR	Auto and Truck Manufacturers	LONG	18.10	9.23	HOLD
MOV	Jewelry and Silverware	LONG	13.22	12.61	HOLD
MSB	Misc. Financial Services	LONG	20.25	2.84	BUY
PERY	Apparel/Accessories	LONG	19.33	11.54	HOLD
RCKY	Footwear	LONG	9.33	-1.37	HOLD
RELL	Electronic Instr. and Controls	LONG	13.76	2.61	SELL
SFE	Business Services	LONG	15.30	7.67	HOLD
SIGA	Biotechnology and Drugs	LONG	3.46	18.49	HOLD
SPY	Misc. Financial Services	SHORT	112.34	2.19	HOLD
STRT	Auto and Truck Parts	LONG	24.20	0.46	HOLD
TSEM	Semiconductors	LONG	0.61	-1.19	HOLD
UFI	Textiles - Non Apparel	LONG	8.37	8.28	HOLD
XRTX	Computer Storage Devices	LONG	10.58	12.31	BUY
TODAY SUMMARY				GAINS(%)
LONGS				7.49
SHORTS				2.19
TOTAL				5.30
S&P 500				2.19
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-8.27	3.15	-17.53	-4.38	-0.79
S&P 500	-13.91	3.63	-18.61	-6.27	-1.22

04-Oct-2011 Daily positions

Pre Opening Longs: AM, BKR, CPE, CRTX, CRY, HOFT, JST, KELYA, LCUT, MASC,
MLR, MOV, PERY, RCKY, RELL, SFE, SIGA, STRT, TSEM, UFI
Pre Opening Shorts: SPY

03-Oct-2011 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AM	Printing and Publishing	LONG	17.83	-3.62	HOLD
BKR	Construction Services	LONG	17.65	-7.74	HOLD
CPE	Oil and Gas Operations	LONG	3.27	-15.50	HOLD
CRTX	Biotechnology and Drugs	LONG	5.79	-9.53	HOLD
CRY	Medical Equipment and Supplies	LONG	4.26	-5.12	HOLD
HOFT	Furniture and Fixtures	LONG	8.85	-2.21	HOLD
JST	Electronic Instr. and Controls	LONG	7.45	-5.70	HOLD
KELYA	Business Services	LONG	10.90	-4.39	HOLD
LCUT	Personal and Household Prods.	LONG	8.67	-10.06	HOLD
MASC	Misc. Fabricated Products	LONG	6.47	0.62	HOLD
MLR	Auto and Truck Manufacturers	LONG	16.57	-4.50	HOLD
MOV	Jewelry and Silverware	LONG	11.74	-3.61	HOLD
PERY	Apparel/Accessories	LONG	17.33	-7.82	HOLD
RCKY	Footwear	LONG	9.46	-4.64	HOLD
RELL	Electronic Instr. and Controls	LONG	13.41	-1.47	HOLD
SFE	Business Services	LONG	14.21	-5.27	HOLD
SIGA	Biotechnology and Drugs	LONG	2.92	-10.70	HOLD
SPY	Misc. Financial Services	SHORT	109.93	-2.85	HOLD
STRT	Auto and Truck Parts	LONG	24.09	0.00	HOLD
TSEM	Semiconductors	LONG	0.62	-6.06	HOLD
UFI	Textiles - Non Apparel	LONG	7.73	-5.39	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-5.63
SHORTS				-2.85
TOTAL				-2.79
S&P 500				-2.85
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-12.88	3.76	-17.53	-5.67	-1.21
S&P 500	-15.76	3.72	-18.61	-6.91	-1.38

03-Oct-2011 Daily positions

Pre Opening Longs: AM, BKR, CPE, CRTX, CRY, HOFT, JST, KELYA, LCUT, MASC,
MLR, MOV, PERY, RCKY, RELL, SFE, SIGA, STRT, TSEM, UFI
Pre Opening Shorts: SPY