15-Nov-2012 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ATVI	Software and Programming	SHORT	10.56	-1.17	HOLD
BAC	SandLs/Savings Banks	SHORT	9.09	1.11	HOLD
BAS	Oil Well Services and Equipment	LONG	9.24	-0.43	HOLD
BBT	Regional Banks	SHORT	27.55	1.70	HOLD
BOKF	Regional Banks	SHORT	55.08	0.51	HOLD
BX	Investment Services	SHORT	13.52	-3.29	HOLD
CEC	Restaurants	LONG	30.16	0.50	HOLD
CEF	Misc. Financial Services	SHORT	22.32	-1.28	HOLD
CET	Misc. Financial Services	SHORT	18.77	-1.62	HOLD
CORE		LONG	41.61	-0.88	HOLD
CPLA	Schools	LONG	28.38	1.54	HOLD
CSE	Regional Banks	SHORT	7.57	-0.66	HOLD
DUK	Electric Utilities	SHORT	59.87	-1.43	HOLD
ESI	Schools	LONG	17.30	2.49	HOLD
EVV	Misc. Financial Services	SHORT	15.81	-4.30	HOLD
FRED	Retail (Department and Discount)	LONG	13.03	0.31	HOLD
FTK	Oil Well Services and Equipment	LONG	10.01	-1.18	HOLD
GBX	Railroads	LONG	17.05	-4.00	HOLD
GLD	Misc. Financial Services	SHORT	166.09	-0.63	HOLD
HBC	Regional Banks	SHORT	47.81	0.63	HOLD
HCBK	SandLs/Savings Banks	SHORT	7.86	0.13	HOLD
IAU	Misc. Financial Services	SHORT	16.67	-0.71	HOLD
ISBC	SandLs/Savings Banks	SHORT	15.88	-1.43	HOLD
JBT	Misc. Capital Goods	LONG	15.22	-0.59	HOLD
KEG	Oil Well Services and Equipment	LONG	6.09	-0.33	HOLD
KELYA	Business Services	LONG	13.01	0.31	HOLD
KMR	Oil Well Services and Equipment	SHORT	70.59	-1.86	HOLD
KOP	Chemical Manufacturing	LONG	31.76	-2.40	HOLD
KRNY	SandLs/Savings Banks	SHORT	8.76	-2.12	HOLD
LAD	Retail (Specialty)	LONG	31.89	0.09	HOLD
LCC	Airline	LONG	12.06	0.42	HOLD
NLY	Misc. Financial Services	SHORT	14.22	1.07	COVER
NP	Paper and Paper Products	LONG	23.67	-1.33	HOLD
NR	Oil Well Services and Equipment	LONG	6.87	1.93	HOLD
NVS	Major Drugs	SHORT	58.97	-1.11	HOLD
RUSHA	Retail (Specialty)	LONG	19.01	0.53	HOLD
STRA	Schools	LONG	47.81	0.66	HOLD
TCB	Regional Banks	SHORT	11.08	1.09	HOLD
TFSL	SandLs/Savings Banks	SHORT	8.29	1.10	HOLD
TKC	Communications Services	SHORT	14.93	0.95	HOLD
USB	Regional Banks	SHORT	31.21	-0.38	HOLD
USNA	Conglomerates	LONG	43.79	0.16	HOLD
USTR	Office Supplies	LONG	28.86	-0.38	HOLD
VQ	Oil and Gas Operations	LONG	12.49	0.00	HOLD
WFC	Regional Banks	SHORT	31.57	0.45	HOLD
WGL	Natural Gas Utilities	LONG	36.85	-1.31	HOLD
XTXI	Oil Well Services and Equipment	LONG	11.59	-3.09	BUY
TODAY SUMMARY				GAINS(%)
LONGS				-0.18
SHORTS				-0.55
TOTAL				0.38
S&P 500				-0.17
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-37.78	5.14	-39.75	-4.71	-0.61
S&P 500	6.21	5.83	-18.60	0.62	0.19