21-Jun-2012 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ACHN	Major Drugs	SHORT	6.36	4.61	HOLD
AFFY	Biotechnology and Drugs	SHORT	12.75	-4.21	HOLD
ALNY	Biotechnology and Drugs	SHORT	11.33	-2.83	HOLD
APOL	Schools	LONG	33.22	-2.18	HOLD
ARIA	Biotechnology and Drugs	SHORT	17.09	-2.06	HOLD
ARLP	Coal	LONG	54.41	-1.56	HOLD
AZN	Biotechnology and Drugs	LONG	43.01	-1.08	HOLD
BBOX	Computer Networks	SHORT	26.63	-2.24	HOLD
BRKS	Semiconductors	LONG	9.28	-5.79	HOLD
CEF	Misc. Financial Services	LONG	19.49	-3.56	HOLD
CSC	Computer Services	SHORT	23.85	-3.48	HOLD
ASNA	Retail (Apparel)	LONG	19.27	-2.58	HOLD
DNDN	Biotechnology and Drugs	SHORT	7.44	-0.67	HOLD
DXCM	Medical Equipment and Supplies	SHORT	12.63	-3.11	HOLD
ESI	Schools	LONG	55.48	-2.38	HOLD
GDX	Misc. Financial Services	SHORT	44.82	-5.18	HOLD
HGSI	Biotechnology and Drugs	SHORT	13.35	0.38	HOLD
IAG	Gold and Silver	LONG	11.80	-5.98	HOLD
IDIX	Biotechnology and Drugs	SHORT	10.61	-0.93	HOLD
ITMN	Biotechnology and Drugs	SHORT	11.63	-2.43	HOLD
ITRI	Electronic Instr. and Controls	SHORT	38.53	-4.32	HOLD
KKD	Retail (Grocery)	LONG	6.04	-3.82	HOLD
KLIC	Semiconductors	LONG	9.16	-3.17	HOLD
KRO	Chemical Manufacturing	LONG	16.57	-3.21	HOLD
MNTA	Biotechnology and Drugs	LONG	16.23	1.76	HOLD
PAAS	Gold and Silver	LONG	17.75	-6.48	HOLD
RDEA	Biotechnology and Drugs	SHORT	31.96	0.00	HOLD
RES	Oil Well Services and Equipment	LONG	10.44	-3.78	HOLD
RIG	Oil Well Services and Equipment	SHORT	42.50	-6.24	HOLD
RIGL	Biotechnology and Drugs	SHORT	8.78	0.11	HOLD
SHS	Misc. Capital Goods	LONG	34.79	-5.95	HOLD
SJT	Misc. Financial Services	LONG	13.75	-2.48	HOLD
SLV	Misc. Financial Services	LONG	26.12	-4.18	HOLD
SQNM	Medical Equipment and Supplies	SHORT	3.85	-2.16	HOLD
STRA	Schools	LONG	92.59	-0.11	HOLD
STX	Computer Storage Devices	LONG	22.68	-6.74	HOLD
TNH	Chemical Manufacturing	LONG	196.25	-0.74	HOLD
TPX	Furniture and Fixtures	LONG	21.67	-7.16	HOLD
VALE	Metal Mining	LONG	19.25	-4.51	HOLD
VVUS	Biotechnology and Drugs	SHORT	26.12	-2.79	HOLD
VWO	Misc. Financial Services	SHORT	38.47	-3.64	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-3.44
SHORTS				-2.17
TOTAL				-1.27
S&P 500				-2.24
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-34.72	5.43	-35.23	-5.16	-0.79
S&P 500	2.59	5.54	-18.61	0.36	0.11