13-Aug-2012 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ANDE	Crops	LONG	36.07	-1.04	HOLD
ARIA	Biotechnology and Drugs	SHORT	19.39	0.67	HOLD
BAC	SandLs/Savings Banks	SHORT	7.72	-0.26	HOLD
BAS	Oil Well Services and Equipment	LONG	12.04	-0.91	HOLD
BBT	Regional Banks	SHORT	31.60	0.13	HOLD
BOKF	Regional Banks	SHORT	58.00	0.94	HOLD
CEF	Misc. Financial Services	SHORT	20.05	-0.74	HOLD
CET	Misc. Financial Services	SHORT	20.18	-0.20	HOLD
CORE	Retail (Grocery)	LONG	44.50	-6.12	HOLD
ESI	Schools	LONG	33.81	-0.03	HOLD
FCNCA	Regional Banks	SHORT	163.53	0.50	HOLD
FRED	Retail (Department and Discount)	LONG	15.35	-0.52	HOLD
GBX	Railroads	LONG	15.73	-0.94	HOLD
GDX	Misc. Financial Services	SHORT	44.24	-1.36	HOLD
HBC	Regional Banks	SHORT	44.48	-0.04	HOLD
HGSI	Biotechnology and Drugs	SHORT	14.24	0.00	HOLD
ISBC	SandLs/Savings Banks	SHORT	16.02	-0.34	HOLD
JBT	Misc. Capital Goods	LONG	16.18	-0.19	HOLD
JPM	Money Center Banks	SHORT	36.99	0.05	HOLD
KELYA	Business Services	LONG	12.92	-2.64	HOLD
KMR	Oil Well Services and Equipment	SHORT	73.50	0.00	HOLD
KOP	Chemical Manufacturing	LONG	31.47	0.51	HOLD
KRNY	SandLs/Savings Banks	SHORT	9.78	1.35	HOLD
LAD	Retail (Specialty)	LONG	28.56	-1.24	HOLD
NFP	Investment Services	LONG	15.31	-0.78	HOLD
NJR	Natural Gas Utilities	LONG	45.12	-0.22	HOLD
NP	Paper and Paper Products	LONG	27.05	-1.02	HOLD
NR	Oil Well Services and Equipment	LONG	7.19	2.13	HOLD
OMX	Office Supplies	LONG	5.09	-0.97	HOLD
RIG	Oil Well Services and Equipment	SHORT	48.25	-0.62	HOLD
RIGL	Biotechnology and Drugs	SHORT	9.62	-0.52	HOLD
RUSHA	Retail (Specialty)	LONG	16.74	1.27	HOLD
SONC	Restaurants	LONG	9.26	0.54	HOLD
SQNM	Medical Equipment and Supplies	SHORT	3.44	-1.43	HOLD
STI	Regional Banks	SHORT	24.89	0.24	HOLD
STRA	Schools	LONG	70.77	-3.24	HOLD
TEN	Auto and Truck Parts	LONG	29.66	1.99	HOLD
TFSL	SandLs/Savings Banks	SHORT	8.92	-0.45	HOLD
USB	Regional Banks	SHORT	33.18	0.06	HOLD
USTR	Office Supplies	LONG	25.38	-0.12	HOLD
VQ	Oil and Gas Operations	LONG	9.50	0.11	HOLD
WFC	Regional Banks	SHORT	33.96	0.38	HOLD
XTXI	Oil Well Services and Equipment	LONG	12.67	-2.54	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.73
SHORTS				-0.08
TOTAL				-0.65
S&P 500				-0.05
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-36.21	5.41	-39.30	-4.94	-0.68
S&P 500	9.60	5.09	-18.60	1.29	0.35