30-Aug-2012 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ANDE	Crops	LONG	39.80	-1.19	HOLD
BAC	SandLs/Savings Banks	SHORT	7.91	-1.13	HOLD
BAS	Oil Well Services and Equipment	LONG	11.16	-2.70	HOLD
BBT	Regional Banks	SHORT	31.60	-0.32	HOLD
BOKF	Regional Banks	SHORT	57.74	-0.98	HOLD
BX	Investment Services	SHORT	13.74	-1.01	HOLD
CEF	Misc. Financial Services	SHORT	21.33	-0.23	HOLD
CET	Misc. Financial Services	SHORT	19.96	-0.45	HOLD
CORE	Retail (Grocery)	LONG	46.21	-2.70	HOLD
CPLA	Schools	LONG	31.35	-1.10	HOLD
CSE	Regional Banks	SHORT	6.83	-1.87	HOLD
ESI	Schools	LONG	30.90	0.29	HOLD
EVV	Misc. Financial Services	SHORT	16.76	-0.06	HOLD
FCNCA	Regional Banks	SHORT	165.05	-1.02	HOLD
FRED	Retail (Department and Discount)	LONG	13.41	0.07	HOLD
GBX	Railroads	LONG	14.46	-2.36	HOLD
GDX	Misc. Financial Services	SHORT	46.02	-0.80	HOLD
HBC	Regional Banks	SHORT	43.50	-1.11	HOLD
ISBC	SandLs/Savings Banks	SHORT	17.17	-0.17	HOLD
JBT	Misc. Capital Goods	LONG	15.80	-1.62	HOLD
JPM	Money Center Banks	SHORT	36.90	-1.07	HOLD
KELYA	Business Services	LONG	12.21	-0.97	HOLD
KMR	Oil Well Services and Equipment	SHORT	73.48	-0.72	HOLD
KOP	Chemical Manufacturing	LONG	31.94	-3.88	HOLD
KRNY	SandLs/Savings Banks	SHORT	9.56	-1.14	HOLD
LAD	Retail (Specialty)	LONG	29.24	0.14	HOLD
NFP	Investment Services	LONG	14.73	0.14	HOLD
NJR	Natural Gas Utilities	LONG	45.14	-1.01	HOLD
NLY	Misc. Financial Services	SHORT	17.18	-0.46	HOLD
NP	Paper and Paper Products	LONG	27.48	-1.01	HOLD
NR	Oil Well Services and Equipment	LONG	6.76	-3.84	HOLD
OMX	Office Supplies	LONG	5.78	1.94	HOLD
RIG	Oil Well Services and Equipment	SHORT	47.77	-1.04	HOLD
RUSHA	Retail (Specialty)	LONG	17.18	-2.99	HOLD
SONC	Restaurants	LONG	9.36	-0.21	HOLD
STI	Regional Banks	SHORT	24.97	-0.52	HOLD
STRA	Schools	LONG	64.68	-0.31	HOLD
TEN	Auto and Truck Parts	LONG	30.07	-0.76	HOLD
TFSL	SandLs/Savings Banks	SHORT	8.80	-0.11	HOLD
TKC	Communications Services	SHORT	13.94	-2.18	HOLD
USB	Regional Banks	SHORT	33.29	-0.63	HOLD
USTR	Office Supplies	LONG	24.37	-1.10	HOLD
VQ	Oil and Gas Operations	LONG	11.04	0.45	HOLD
WFC	Regional Banks	SHORT	33.87	-0.59	HOLD
XTXI	Oil Well Services and Equipment	LONG	12.35	-1.20	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-1.13
SHORTS				-0.80
TOTAL				-0.33
S&P 500				-0.72
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-37.36	5.38	-39.30	-4.99	-0.68
S&P 500	9.38	5.11	-18.60	1.21	0.33