23-Aug-2012 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ANDE	Crops	LONG	39.38	-0.81	HOLD
BAC	SandLs/Savings Banks	SHORT	8.15	-0.85	HOLD
BAS	Oil Well Services and Equipment	LONG	11.79	-1.17	HOLD
BBT	Regional Banks	SHORT	31.01	-2.30	HOLD
BOKF	Regional Banks	SHORT	56.70	-1.49	HOLD
BX	Investment Services	SHORT	13.53	-0.51	HOLD
CEF	Misc. Financial Services	SHORT	21.36	2.15	HOLD
CET	Misc. Financial Services	SHORT	20.07	-0.15	HOLD
CORE	Retail (Grocery)	LONG	45.44	-0.02	HOLD
CPLA	Schools	LONG	32.31	-1.76	HOLD
CSE	Regional Banks	SHORT	6.87	-0.29	HOLD
ESI	Schools	LONG	32.12	-1.26	HOLD
EVV	Misc. Financial Services	SHORT	16.77	0.36	HOLD
FCNCA	Regional Banks	SHORT	161.91	-1.22	HOLD
FRED	Retail (Department and Discount)	LONG	13.64	-10.20	HOLD
GBX	Railroads	LONG	15.84	-2.58	HOLD
GDX	Misc. Financial Services	SHORT	47.42	-0.17	HOLD
HBC	Regional Banks	SHORT	44.27	-0.40	HOLD
ISBC	SandLs/Savings Banks	SHORT	16.77	-0.42	HOLD
JBT	Misc. Capital Goods	LONG	16.13	-2.00	HOLD
JPM	Money Center Banks	SHORT	37.23	-1.59	HOLD
KELYA	Business Services	LONG	12.41	-1.59	HOLD
KMR	Oil Well Services and Equipment	SHORT	73.38	-0.12	HOLD
KOP	Chemical Manufacturing	LONG	31.98	-0.50	HOLD
KRNY	SandLs/Savings Banks	SHORT	9.61	-0.10	HOLD
LAD	Retail (Specialty)	LONG	28.36	-0.70	HOLD
NFP	Investment Services	LONG	14.85	-2.04	HOLD
NJR	Natural Gas Utilities	LONG	45.34	-0.77	HOLD
NLY	Misc. Financial Services	SHORT	17.09	0.06	HOLD
NP	Paper and Paper Products	LONG	28.09	-0.25	HOLD
NR	Oil Well Services and Equipment	LONG	7.18	0.14	HOLD
OMX	Office Supplies	LONG	5.33	-2.38	HOLD
RIG	Oil Well Services and Equipment	SHORT	48.54	-0.92	HOLD
RUSHA	Retail (Specialty)	LONG	17.76	-0.95	HOLD
SONC	Restaurants	LONG	9.21	-3.05	HOLD
STI	Regional Banks	SHORT	24.91	-1.15	HOLD
STRA	Schools	LONG	67.61	0.12	HOLD
TEN	Auto and Truck Parts	LONG	30.37	-1.24	HOLD
TFSL	SandLs/Savings Banks	SHORT	8.53	-1.27	HOLD
TKC	Communications Services	SHORT	13.96	-2.51	HOLD
USB	Regional Banks	SHORT	32.76	-0.43	HOLD
USTR	Office Supplies	LONG	24.53	-0.53	HOLD
VQ	Oil and Gas Operations	LONG	10.65	-0.84	HOLD
WFC	Regional Banks	SHORT	33.92	-0.76	HOLD
XTXI	Oil Well Services and Equipment	LONG	12.61	-1.25	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-1.55
SHORTS				-0.64
TOTAL				-0.91
S&P 500				-0.81
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-36.50	5.37	-39.30	-4.93	-0.67
S&P 500	9.52	5.10	-18.60	1.25	0.34