26-Sep-2012 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ANDE	Crops	LONG	37.11	0.00	HOLD
BAC	SandLs/Savings Banks	SHORT	8.81	-1.23	HOLD
BAS	Oil Well Services and Equipment	LONG	11.08	-1.95	HOLD
BBT	Regional Banks	SHORT	32.72	-1.36	HOLD
BOKF	Regional Banks	SHORT	58.66	-0.02	HOLD
BX	Investment Services	SHORT	14.48	-1.70	HOLD
CEC	Restaurants	LONG	30.51	-0.23	HOLD
CEF	Misc. Financial Services	SHORT	23.37	-0.04	HOLD
CET	Misc. Financial Services	SHORT	20.02	-1.09	HOLD
CORE	Retail (Grocery)	LONG	47.86	2.95	HOLD
CPLA	Schools	LONG	34.81	0.06	HOLD
CSE	Regional Banks	SHORT	7.41	0.00	HOLD
DUK	Electric Utilities	SHORT	64.33	-0.02	HOLD
ESI	Schools	LONG	33.22	-0.45	HOLD
EVV	Misc. Financial Services	SHORT	17.01	0.47	HOLD
FCNCA	Regional Banks	SHORT	161.20	-1.71	HOLD
FRED	Retail (Department and Discount)	LONG	14.22	-1.04	HOLD
GBX	Railroads	LONG	16.44	-2.84	HOLD
HBC	Regional Banks	SHORT	46.46	-0.77	HOLD
HCBK	SandLs/Savings Banks	SHORT	7.82	-1.20	HOLD
IAU	Misc. Financial Services	SHORT	17.04	-0.58	HOLD
ISBC	SandLs/Savings Banks	SHORT	18.28	0.05	HOLD
JBT	Misc. Capital Goods	LONG	16.33	-1.92	HOLD
JPM	Money Center Banks	SHORT	40.24	-0.76	HOLD
KELYA	Business Services	LONG	12.74	0.79	HOLD
KMR	Oil Well Services and Equipment	SHORT	74.40	-0.60	HOLD
KOP	Chemical Manufacturing	LONG	35.46	0.11	HOLD
KRNY	SandLs/Savings Banks	SHORT	9.88	-0.10	HOLD
LAD	Retail (Specialty)	LONG	33.03	1.01	HOLD
NJR	Natural Gas Utilities	LONG	46.33	-0.39	HOLD
NLY	Misc. Financial Services	SHORT	17.36	-0.80	HOLD
NP	Paper and Paper Products	LONG	28.34	-2.31	HOLD
NR	Oil Well Services and Equipment	LONG	7.33	-0.68	HOLD
OMX	Office Supplies	LONG	7.86	-0.13	HOLD
RUSHA	Retail (Specialty)	LONG	19.37	1.73	HOLD
SONC	Restaurants	LONG	10.40	-1.28	HOLD
STI	Regional Banks	SHORT	28.01	-0.67	HOLD
STRA	Schools	LONG	65.15	3.82	HOLD
TEN	Auto and Truck Parts	LONG	28.00	-0.60	HOLD
TFSL	SandLs/Savings Banks	SHORT	9.06	0.10	HOLD
TKC	Communications Services	SHORT	15.45	0.46	HOLD
USB	Regional Banks	SHORT	33.95	0.07	HOLD
USTR	Office Supplies	LONG	26.41	-0.83	HOLD
VQ	Oil and Gas Operations	LONG	11.68	1.21	HOLD
WFC	Regional Banks	SHORT	34.42	-0.86	HOLD
XTXI	Oil Well Services and Equipment	LONG	13.79	-1.57	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.20
SHORTS				-0.54
TOTAL				0.34
S&P 500				-0.56
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-36.07	5.25	-39.30	-4.72	-0.63
S&P 500	11.57	5.14	-18.60	1.41	0.39