04-May-2012 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ABH	Paper and Paper Products	LONG	12.43	-0.64	HOLD
ACAS	Investment Services	LONG	9.64	-0.92	HOLD
ACHN	Major Drugs	SHORT	5.99	-6.84	HOLD
AM	Printing and Publishing	LONG	15.15	-2.45	HOLD
CECO	Schools	LONG	6.44	-5.57	HOLD
CIEN	Communications Equipment	SHORT	13.30	-4.86	HOLD
CVG	Computer Services	LONG	12.90	-0.85	HOLD
DNDN	Biotechnology and Drugs	SHORT	11.33	-0.53	HOLD
DSX	Water Transportation	LONG	7.80	1.43	HOLD
ELGX	Medical Equipment and Supplies	SHORT	14.38	-0.35	HOLD
EWD	Misc. Financial Services	SHORT	27.38	-2.39	HOLD
EXAS	Biotechnology and Drugs	SHORT	10.02	-0.74	HOLD
HNR	Oil and Gas Operations	LONG	6.11	-4.83	HOLD
IDIX	Biotechnology and Drugs	SHORT	7.60	-6.98	HOLD
IGE	Misc. Financial Services	LONG	36.93	-2.22	HOLD
IXN	Misc. Financial Services	SHORT	67.00	-2.20	HOLD
KWK	Oil and Gas Operations	LONG	4.44	-1.99	HOLD
MIL	Business Services	LONG	7.12	-1.66	HOLD
TPC	Construction Services	LONG	14.41	-4.88	HOLD
PCYC	Biotechnology and Drugs	SHORT	26.55	-1.63	HOLD
RDEA	Biotechnology and Drugs	SHORT	31.70	0.00	HOLD
REGN	Biotechnology and Drugs	SHORT	131.40	-1.88	HOLD
RIMM	Communications Equipment	LONG	12.01	-0.25	HOLD
RSH	Retail (Technology)	LONG	5.08	-1.36	HOLD
SYT	Chemical Manufacturing	LONG	69.23	-1.90	HOLD
TC	Metal Mining	LONG	5.53	-2.12	HOLD
VRTX	Biotechnology and Drugs	SHORT	37.41	-1.84	HOLD
VVUS	Biotechnology and Drugs	SHORT	23.13	-2.32	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-2.01
SHORTS				-2.50
TOTAL				0.49
S&P 500				-1.62
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-25.68	4.12	-27.04	-5.45	-0.83
S&P 500	6.12	5.56	-18.61	0.94	0.28