09-Apr-2012 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ABH	Paper and Paper Products	LONG	13.60	-1.95	HOLD
ACAS	Investment Services	LONG	8.51	-1.16	HOLD
ACHN	Major Drugs	SHORT	10.57	-3.47	HOLD
AM	Printing and Publishing	LONG	15.17	-0.65	HOLD
ARIA	Biotechnology and Drugs	SHORT	15.70	-3.38	HOLD
CECO	Schools	LONG	7.07	-3.42	HOLD
CIEN	Communications Equipment	SHORT	15.47	-2.77	HOLD
CVG	Computer Services	LONG	13.03	-1.59	HOLD
DNDN	Biotechnology and Drugs	SHORT	9.79	-6.14	HOLD
DSX	Water Transportation	LONG	7.89	-5.96	HOLD
ELGX	Medical Equipment and Supplies	SHORT	13.76	-0.51	HOLD
EWD	Misc. Financial Services	SHORT	27.37	-0.91	HOLD
EXAS	Biotechnology and Drugs	SHORT	10.08	-3.45	HOLD
HNR	Oil and Gas Operations	LONG	6.09	-2.72	HOLD
IDIX	Biotechnology and Drugs	SHORT	9.03	-0.99	HOLD
IGE	Misc. Financial Services	LONG	38.00	-1.20	HOLD
IXN	Misc. Financial Services	SHORT	70.00	-0.74	HOLD
KWK	Oil and Gas Operations	LONG	4.66	-3.12	HOLD
MIL	Business Services	LONG	7.56	-0.53	HOLD
TPC		LONG	14.83	-1.13	HOLD
PCYC	Biotechnology and Drugs	SHORT	27.68	-3.65	HOLD
RDEA	Biotechnology and Drugs	SHORT	21.18	-3.38	HOLD
REGN	Biotechnology and Drugs	SHORT	121.13	-1.87	HOLD
RIMM	Communications Equipment	LONG	13.02	2.76	HOLD
RSH	Retail (Technology)	LONG	6.06	0.17	HOLD
SYT	Chemical Manufacturing	LONG	67.80	-0.16	HOLD
TC	Metal Mining	LONG	6.21	-1.58	HOLD
VRTX	Biotechnology and Drugs	SHORT	38.11	-4.84	HOLD
VVUS	Biotechnology and Drugs	SHORT	22.92	1.73	HOLD
VWO	Misc. Financial Services	SHORT	42.54	-1.45	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-1.48
SHORTS				-2.39
TOTAL				0.90
S&P 500				-1.12
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-23.46	4.04	-24.73	-5.38	-0.88
S&P 500	7.06	5.58	-18.61	1.16	0.35