20-Jul-2012 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ACHN	Major Drugs	SHORT	6.37	-4.21	HOLD
ALNY	Biotechnology and Drugs	SHORT	18.74	-0.11	HOLD
ANDE	Crops	LONG	37.30	-1.95	HOLD
ARIA	Biotechnology and Drugs	SHORT	17.92	-1.75	HOLD
BBT	Regional Banks	SHORT	31.68	-1.00	HOLD
BRKS	Semiconductors	LONG	8.89	-3.58	HOLD
CORE	Retail (Grocery)	LONG	48.45	-0.66	HOLD
ASNA	Retail (Apparel)	LONG	18.83	-2.13	HOLD
DNDN	Biotechnology and Drugs	SHORT	6.52	1.72	HOLD
DXCM	Medical Equipment and Supplies	SHORT	12.01	-5.95	HOLD
ESI	Schools	LONG	57.45	-0.61	HOLD
FRED	Retail (Department and Discount)	LONG	14.37	-1.37	HOLD
GDX	Misc. Financial Services	SHORT	41.72	0.32	HOLD
HBC	Regional Banks	SHORT	41.71	-3.25	HOLD
HGSI	Biotechnology and Drugs	SHORT	14.22	0.07	HOLD
ISBC	SandLs/Savings Banks	SHORT	15.43	-1.53	HOLD
ITMN	Biotechnology and Drugs	SHORT	11.71	-1.60	HOLD
KELYA	Business Services	LONG	11.77	-2.73	HOLD
KLIC	Semiconductors	LONG	8.58	-2.05	HOLD
LAD	Retail (Specialty)	LONG	26.22	-0.53	HOLD
NFP	Investment Services	LONG	13.92	-1.14	HOLD
NJR	Natural Gas Utilities	LONG	46.05	0.00	HOLD
NR	Oil Well Services and Equipment	LONG	6.29	-1.10	HOLD
RIG	Oil Well Services and Equipment	SHORT	47.81	0.13	HOLD
RIGL	Biotechnology and Drugs	SHORT	10.00	-0.10	HOLD
RUSHA	Retail (Specialty)	LONG	14.76	-1.01	HOLD
SJT	Misc. Financial Services	LONG	16.45	0.06	HOLD
SQNM	Medical Equipment and Supplies	SHORT	4.07	0.99	HOLD
STRA	Schools	LONG	102.75	-0.96	HOLD
STX	Computer Storage Devices	LONG	26.80	-1.34	HOLD
TFSL	SandLs/Savings Banks	SHORT	9.47	-0.32	HOLD
TPX	Furniture and Fixtures	LONG	26.54	-3.74	HOLD
USTR	Office Supplies	LONG	27.16	-1.20	HOLD
VWO	Misc. Financial Services	SHORT	39.38	-1.49	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-1.45
SHORTS				-1.13
TOTAL				-0.32
S&P 500				-0.91
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-38.65	5.76	-39.29	-5.17	-0.76
S&P 500	6.25	5.23	-18.60	0.86	0.24