22-Mar-2012 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ABH	Paper and Paper Products	LONG	14.83	-2.05	HOLD
ACAS	Investment Services	LONG	8.97	-1.54	HOLD
ACHN	Major Drugs	SHORT	9.99	-4.03	HOLD
AM	Printing and Publishing	LONG	15.69	-2.73	HOLD
ARIA	Biotechnology and Drugs	SHORT	15.68	2.68	HOLD
BBOX	Computer Networks	LONG	24.58	-1.32	HOLD
CECO	Schools	LONG	8.66	0.23	HOLD
CIEN	Communications Equipment	SHORT	15.69	-0.57	HOLD
CVG	Computer Services	LONG	14.02	10.31	HOLD
DNDN	Biotechnology and Drugs	SHORT	9.83	-2.87	HOLD
DSX	Water Transportation	LONG	8.60	-3.04	HOLD
ELGX	Medical Equipment and Supplies	SHORT	14.30	-1.38	HOLD
EWD	Misc. Financial Services	SHORT	28.02	-1.68	HOLD
EXAS	Biotechnology and Drugs	SHORT	9.70	-0.21	HOLD
FSLR	Semiconductors	LONG	26.95	2.35	HOLD
HNR	Oil and Gas Operations	LONG	7.44	-2.11	HOLD
IDIX	Biotechnology and Drugs	SHORT	10.16	-3.15	HOLD
IGE	Misc. Financial Services	LONG	39.48	-2.35	HOLD
IXN	Misc. Financial Services	SHORT	69.93	-0.21	HOLD
KWK	Oil and Gas Operations	LONG	5.30	-5.86	HOLD
MIL	Business Services	LONG	7.62	0.93	HOLD
TPC		LONG	15.18	-1.87	HOLD
PCYC	Biotechnology and Drugs	SHORT	28.06	0.47	HOLD
RDEA	Biotechnology and Drugs	SHORT	22.57	1.07	HOLD
REGN	Biotechnology and Drugs	SHORT	118.00	0.49	HOLD
RIMM	Communications Equipment	LONG	13.78	-1.85	HOLD
RSH	Retail (Technology)	LONG	6.46	-0.31	HOLD
SYT	Chemical Manufacturing	LONG	65.69	0.46	HOLD
TC	Metal Mining	LONG	6.88	-1.43	HOLD
VRTX	Biotechnology and Drugs	SHORT	40.64	-1.10	HOLD
VVUS	Biotechnology and Drugs	SHORT	20.81	-1.33	HOLD
VWO	Misc. Financial Services	SHORT	43.00	-1.56	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.72
SHORTS				-0.89
TOTAL				0.17
S&P 500				-0.72
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-17.88	3.25	-18.90	-5.28	-0.91
S&P 500	7.82	5.57	-18.61	1.34	0.40