03-Apr-2012 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ABH	Paper and Paper Products	LONG	13.97	-1.83	HOLD
ACAS	Investment Services	LONG	8.82	0.74	HOLD
ACHN	Major Drugs	SHORT	10.46	2.85	HOLD
AM	Printing and Publishing	LONG	15.60	-0.64	HOLD
ARIA	Biotechnology and Drugs	SHORT	16.18	-0.28	HOLD
BBOX	Computer Networks	LONG	25.30	-2.65	HOLD
CECO	Schools	LONG	7.71	-5.40	HOLD
CIEN	Communications Equipment	SHORT	16.29	-0.49	HOLD
CVG	Computer Services	LONG	13.38	-0.89	HOLD
DNDN	Biotechnology and Drugs	SHORT	10.69	4.50	HOLD
DSX	Water Transportation	LONG	8.87	-0.34	HOLD
ELGX	Medical Equipment and Supplies	SHORT	13.77	-0.76	HOLD
EWD	Misc. Financial Services	SHORT	28.96	-1.50	HOLD
EXAS	Biotechnology and Drugs	SHORT	10.47	-2.70	HOLD
HNR	Oil and Gas Operations	LONG	6.39	-3.62	HOLD
IDIX	Biotechnology and Drugs	SHORT	10.25	2.19	HOLD
IGE	Misc. Financial Services	LONG	39.48	-1.00	HOLD
IXN	Misc. Financial Services	SHORT	71.42	-0.15	HOLD
KWK	Oil and Gas Operations	LONG	5.02	0.20	HOLD
MIL	Business Services	LONG	7.65	0.26	HOLD
TPC		LONG	15.54	-2.94	HOLD
PCYC	Biotechnology and Drugs	SHORT	28.96	1.72	HOLD
RDEA	Biotechnology and Drugs	SHORT	21.43	-0.33	HOLD
REGN	Biotechnology and Drugs	SHORT	124.49	3.57	HOLD
RIMM	Communications Equipment	LONG	13.01	-9.46	HOLD
RSH	Retail (Technology)	LONG	6.15	-2.38	HOLD
SYT	Chemical Manufacturing	LONG	69.62	-1.18	HOLD
TC	Metal Mining	LONG	6.74	-2.74	HOLD
VRTX	Biotechnology and Drugs	SHORT	41.80	3.26	HOLD
VVUS	Biotechnology and Drugs	SHORT	22.23	2.33	HOLD
VWO	Misc. Financial Services	SHORT	43.79	-0.39	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-2.12
SHORTS				0.92
TOTAL				-3.04
S&P 500				-0.41
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-22.86	3.97	-23.46	-5.38	-0.91
S&P 500	9.42	5.71	-18.61	1.52	0.47