30-Apr-2012 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ABH	Paper and Paper Products	LONG	13.25	-0.30	HOLD
ACAS	Investment Services	LONG	9.94	3.16	HOLD
ACHN	Major Drugs	SHORT	6.65	-3.62	HOLD
AM	Printing and Publishing	LONG	16.00	2.89	HOLD
CECO	Schools	LONG	7.13	-3.13	HOLD
CIEN	Communications Equipment	SHORT	14.82	-1.79	HOLD
CVG	Computer Services	LONG	13.37	-0.67	HOLD
DNDN	Biotechnology and Drugs	SHORT	11.65	2.60	HOLD
DSX	Water Transportation	LONG	7.86	-1.50	HOLD
ELGX	Medical Equipment and Supplies	SHORT	14.98	0.07	HOLD
EWD	Misc. Financial Services	SHORT	28.33	0.21	HOLD
EXAS	Biotechnology and Drugs	SHORT	10.77	-2.36	HOLD
HNR	Oil and Gas Operations	LONG	6.88	-0.58	HOLD
IDIX	Biotechnology and Drugs	SHORT	8.77	2.57	HOLD
IGE	Misc. Financial Services	LONG	38.82	0.41	HOLD
IXN	Misc. Financial Services	SHORT	69.08	-0.92	HOLD
KWK	Oil and Gas Operations	LONG	4.70	6.09	HOLD
MIL	Business Services	LONG	7.48	-0.53	HOLD
TPC	Construction Services	LONG	15.21	-2.37	HOLD
PCYC	Biotechnology and Drugs	SHORT	27.56	-3.57	HOLD
RDEA	Biotechnology and Drugs	SHORT	31.87	0.06	HOLD
REGN	Biotechnology and Drugs	SHORT	135.26	-3.39	HOLD
RIMM	Communications Equipment	LONG	14.30	1.92	HOLD
RSH	Retail (Technology)	LONG	5.18	-3.36	HOLD
SYT	Chemical Manufacturing	LONG	70.03	-0.45	HOLD
TC	Metal Mining	LONG	5.93	-2.47	HOLD
VRTX	Biotechnology and Drugs	SHORT	38.48	-0.36	HOLD
VVUS	Biotechnology and Drugs	SHORT	24.22	-3.70	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.06
SHORTS				-1.09
TOTAL				1.03
S&P 500				-0.39
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-25.31	4.11	-27.04	-5.44	-0.83
S&P 500	8.34	5.56	-18.61	1.30	0.39