04-Apr-2012 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ABH	Paper and Paper Products	LONG	13.85	-0.86	HOLD
ACAS	Investment Services	LONG	8.63	-2.21	HOLD
ACHN	Major Drugs	SHORT	10.47	0.10	HOLD
AM	Printing and Publishing	LONG	15.43	-0.13	HOLD
ARIA	Biotechnology and Drugs	SHORT	16.03	-0.96	HOLD
BBOX	Computer Networks	LONG	24.48	-3.24	HOLD
CECO	Schools	LONG	7.37	-4.41	HOLD
CIEN	Communications Equipment	SHORT	16.34	0.31	HOLD
CVG	Computer Services	LONG	13.30	-0.60	HOLD
DNDN	Biotechnology and Drugs	SHORT	10.26	-4.02	HOLD
DSX	Water Transportation	LONG	8.60	-3.04	HOLD
ELGX	Medical Equipment and Supplies	SHORT	13.53	-1.74	HOLD
EWD	Misc. Financial Services	SHORT	27.96	-3.49	HOLD
EXAS	Biotechnology and Drugs	SHORT	10.24	-2.20	HOLD
HNR	Oil and Gas Operations	LONG	6.68	4.54	HOLD
IDIX	Biotechnology and Drugs	SHORT	9.00	-12.20	HOLD
IGE	Misc. Financial Services	LONG	38.74	-1.87	HOLD
IXN	Misc. Financial Services	SHORT	70.20	-1.71	HOLD
KWK	Oil and Gas Operations	LONG	5.01	-0.20	HOLD
MIL	Business Services	LONG	7.64	-0.13	HOLD
TPC		LONG	15.18	-2.32	HOLD
PCYC	Biotechnology and Drugs	SHORT	28.32	-2.21	HOLD
RDEA	Biotechnology and Drugs	SHORT	21.54	0.51	HOLD
REGN	Biotechnology and Drugs	SHORT	122.05	-1.96	HOLD
RIMM	Communications Equipment	LONG	12.76	-1.92	HOLD
RSH	Retail (Technology)	LONG	6.27	1.95	HOLD
SYT	Chemical Manufacturing	LONG	68.34	-1.84	HOLD
TC	Metal Mining	LONG	6.48	-3.86	HOLD
VRTX	Biotechnology and Drugs	SHORT	40.57	-2.94	HOLD
VVUS	Biotechnology and Drugs	SHORT	22.37	0.64	HOLD
VWO	Misc. Financial Services	SHORT	42.92	-1.99	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-1.26
SHORTS				-2.26
TOTAL				1.00
S&P 500				-0.99
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-22.14	3.81	-23.50	-5.40	-0.88
S&P 500	8.33	5.64	-18.61	1.36	0.41