27-Feb-2012 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ABH	Paper and Paper Products	LONG	15.10	-0.79	HOLD
ACAS	Investment Services	LONG	8.83	0.46	HOLD
ACHN	Major Drugs	SHORT	10.41	-2.89	HOLD
AM	Printing and Publishing	LONG	14.96	0.40	HOLD
ARIA	Biotechnology and Drugs	SHORT	15.16	0.66	HOLD
BBOX	Computer Networks	LONG	28.00	-1.44	HOLD
CECO	Schools	LONG	11.20	-6.12	HOLD
CET	Misc. Financial Services	LONG	22.00	0.15	HOLD
CIEN	Communications Equipment	SHORT	15.55	-0.83	HOLD
DNDN	Biotechnology and Drugs	SHORT	11.81	-20.52	HOLD
DSX	Water Transportation	LONG	9.34	1.30	HOLD
EWD	Misc. Financial Services	SHORT	29.24	-1.15	HOLD
EXAS	Biotechnology and Drugs	SHORT	9.07	-2.68	HOLD
FSLR	Semiconductors	LONG	36.13	1.55	HOLD
HNR	Oil and Gas Operations	LONG	6.93	0.58	HOLD
IGE	Misc. Financial Services	LONG	42.36	-0.42	HOLD
ITT	Misc. Capital Goods	LONG	23.17	-0.86	HOLD
IXN	Misc. Financial Services	SHORT	67.23	-0.01	HOLD
KWK	Oil and Gas Operations	LONG	5.71	-6.09	HOLD
PCYC	Biotechnology and Drugs	SHORT	25.63	3.98	HOLD
REGN	Biotechnology and Drugs	SHORT	105.94	2.64	HOLD
RIMM	Communications Equipment	LONG	14.42	-2.04	HOLD
RSH	Retail (Technology)	LONG	7.16	-0.28	HOLD
SPY	Misc. Financial Services	SHORT	137.16	0.17	HOLD
SYT	Chemical Manufacturing	LONG	66.15	-0.72	HOLD
TC	Metal Mining	LONG	8.69	-1.47	HOLD
VRTX	Biotechnology and Drugs	SHORT	38.69	0.78	HOLD
VWO	Misc. Financial Services	SHORT	44.15	-0.81	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.99
SHORTS				-1.72
TOTAL				0.74
S&P 500				0.17
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-7.47	3.13	-17.53	-2.44	-0.44
S&P 500	5.78	5.37	-18.61	1.10	0.32