13-Feb-2012 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ABH	Paper and Paper Products	LONG	15.29	0.07	HOLD
ACAS	Investment Services	LONG	8.77	0.92	HOLD
ACHN	Major Drugs	SHORT	9.67	-2.32	HOLD
ARIA	Biotechnology and Drugs	SHORT	15.25	4.06	HOLD
BBW	Retail (Specialty)	LONG	8.68	1.40	HOLD
CECO	Schools	LONG	11.33	2.72	HOLD
CET	Misc. Financial Services	LONG	21.98	0.21	HOLD
DNDN	Biotechnology and Drugs	SHORT	14.46	2.92	HOLD
DSX	Water Transportation	LONG	9.52	6.85	HOLD
DUSA	Biotechnology and Drugs	LONG	4.74	1.07	HOLD
HNR	Oil and Gas Operations	LONG	6.75	4.65	HOLD
HOFT	Furniture and Fixtures	LONG	13.61	2.25	HOLD
IGE	Misc. Financial Services	LONG	40.96	0.49	HOLD
ITT	Misc. Capital Goods	LONG	22.45	-0.66	HOLD
IXN	Misc. Financial Services	SHORT	65.34	0.76	HOLD
JST	Electronic Instr. and Controls	LONG	8.97	0.34	HOLD
MIND	Oil Well Services and Equipment	LONG	23.69	3.54	HOLD
PCYC	Biotechnology and Drugs	SHORT	25.45	9.56	HOLD
REGN	Biotechnology and Drugs	SHORT	114.65	12.31	HOLD
RIMM	Communications Equipment	LONG	14.90	-3.50	HOLD
RTEC	Semiconductors	LONG	10.99	1.29	HOLD
SENEA	Food Processing	LONG	25.31	0.20	HOLD
SPY	Misc. Financial Services	SHORT	135.36	0.74	HOLD
VRTX	Biotechnology and Drugs	SHORT	36.15	0.06	HOLD
VWO	Misc. Financial Services	SHORT	43.93	1.50	HOLD
XRTX	Computer Storage Devices	LONG	16.93	0.68	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				1.32
SHORTS				3.29
TOTAL				-1.96
S&P 500				0.74
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-6.89	3.22	-17.53	-2.27	-0.42
S&P 500	4.39	5.22	-18.61	0.90	0.25