18-Apr-2012 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ABH	Paper and Paper Products	LONG	13.06	-1.88	HOLD
ACAS	Investment Services	LONG	8.61	-1.49	HOLD
ACHN	Major Drugs	SHORT	9.50	4.97	HOLD
AM	Printing and Publishing	LONG	14.68	-1.41	HOLD
ARIA	Biotechnology and Drugs	SHORT	14.53	-0.75	HOLD
CECO	Schools	LONG	6.89	-2.55	HOLD
CIEN	Communications Equipment	SHORT	16.53	-0.60	HOLD
CVG	Computer Services	LONG	13.33	-1.19	HOLD
DNDN	Biotechnology and Drugs	SHORT	8.98	-3.34	HOLD
DSX	Water Transportation	LONG	7.56	-3.20	HOLD
ELGX	Medical Equipment and Supplies	SHORT	13.43	0.98	HOLD
EWD	Misc. Financial Services	SHORT	27.47	-1.51	HOLD
EXAS	Biotechnology and Drugs	SHORT	10.26	-2.19	HOLD
HNR	Oil and Gas Operations	LONG	6.22	-5.18	HOLD
IDIX	Biotechnology and Drugs	SHORT	7.86	5.79	HOLD
IGE	Misc. Financial Services	LONG	37.87	-0.37	HOLD
IXN	Misc. Financial Services	SHORT	69.16	-0.67	HOLD
KWK	Oil and Gas Operations	LONG	3.97	-2.93	HOLD
MIL	Business Services	LONG	7.57	0.13	HOLD
TPC		LONG	15.07	-1.18	HOLD
PCYC	Biotechnology and Drugs	SHORT	26.25	1.20	HOLD
RDEA	Biotechnology and Drugs	SHORT	20.27	-1.79	HOLD
REGN	Biotechnology and Drugs	SHORT	124.09	0.52	HOLD
RIMM	Communications Equipment	LONG	13.19	-1.64	HOLD
RSH	Retail (Technology)	LONG	6.05	-2.10	HOLD
SYT	Chemical Manufacturing	LONG	68.65	-2.64	HOLD
TC	Metal Mining	LONG	6.45	-2.42	HOLD
VRTX	Biotechnology and Drugs	SHORT	35.56	-2.36	HOLD
VVUS	Biotechnology and Drugs	SHORT	22.14	2.17	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-2.00
SHORTS				0.17
TOTAL				-2.17
S&P 500				-0.34
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-21.59	3.58	-24.73	-5.45	-0.79
S&P 500	7.37	5.56	-18.61	1.18	0.35