27-Nov-2012 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ALJ	Oil and Gas Operations	LONG	14.02	0.57	BUY
ATVI	Software and Programming	SHORT	11.33	-0.09	HOLD
BAS	Oil Well Services and Equipment	LONG	10.29	1.28	HOLD
BBT	Regional Banks	SHORT	28.14	-1.95	HOLD
BIG	Retail (Specialty)	LONG	27.35	-1.33	HOLD
BOKF	Regional Banks	SHORT	54.96	-1.40	HOLD
BX	Investment Services	SHORT	14.54	-0.34	HOLD
CEC	Restaurants	LONG	30.70	0.69	HOLD
CEF	Misc. Financial Services	SHORT	23.26	0.04	HOLD
CET	Misc. Financial Services	SHORT	19.00	0.00	HOLD
CORE		LONG	43.47	-2.80	SELL
CPLA	Schools	LONG	27.39	-0.33	SELL
CSE	Regional Banks	SHORT	8.02	2.17	HOLD
DUK	Electric Utilities	SHORT	61.59	0.46	HOLD
ESI	Schools	LONG	17.38	2.84	HOLD
FHN	Regional Banks	SHORT	9.58	-0.83	HOLD
FRED	Retail (Department and Discount)	LONG	13.33	1.14	HOLD
FTK	Oil Well Services and Equipment	LONG	11.11	1.28	HOLD
GBX	Railroads	LONG	17.60	-1.51	HOLD
GLD	Misc. Financial Services	SHORT	168.73	-0.41	HOLD
HBC	Regional Banks	SHORT	49.77	-0.18	HOLD
HCBK	SandLs/Savings Banks	SHORT	8.06	-0.12	HOLD
IAU	Misc. Financial Services	SHORT	16.95	-0.35	HOLD
ISBC	SandLs/Savings Banks	SHORT	16.74	-0.42	HOLD
JBT	Misc. Capital Goods	LONG	16.35	-1.33	HOLD
KEG	Oil Well Services and Equipment	LONG	6.16	-0.16	HOLD
KMR	Oil Well Services and Equipment	SHORT	74.65	0.58	HOLD
KOP	Chemical Manufacturing	LONG	33.77	0.93	HOLD
KRNY	SandLs/Savings Banks	SHORT	9.03	-1.63	HOLD
LAD	Retail (Specialty)	LONG	34.07	0.41	HOLD
LCC	Airline	LONG	12.72	-1.55	HOLD
NILE	Retail (Specialty)	LONG	38.64	3.04	HOLD
NP	Paper and Paper Products	LONG	27.10	0.67	HOLD
NR	Oil Well Services and Equipment	LONG	7.56	-0.40	HOLD
NVS	Major Drugs	SHORT	60.55	-0.30	HOLD
SLV	Misc. Financial Services	SHORT	32.93	-0.27	HOLD
STRA	Schools	LONG	49.63	1.06	HOLD
TCB	Regional Banks	SHORT	11.77	1.73	HOLD
TFSL	SandLs/Savings Banks	SHORT	8.25	-0.12	HOLD
TKC	Communications Services	SHORT	14.76	-0.27	HOLD
USB	Regional Banks	SHORT	32.10	-0.88	HOLD
USNA	Conglomerates	LONG	43.81	0.02	HOLD
USTR	Office Supplies	LONG	30.44	1.94	HOLD
V	Consumer Financial Services	SHORT	146.78	-0.32	HOLD
VQ	Oil and Gas Operations	LONG	12.49	0.00	HOLD
WGL	Natural Gas Utilities	LONG	37.81	-0.47	HOLD
XTXI	Oil Well Services and Equipment	LONG	12.60	1.12	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				0.28
SHORTS				-0.21
TOTAL				0.50
S&P 500				-0.51
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-37.18	5.17	-39.75	-4.54	-0.59
S&P 500	9.84	5.34	-18.60	1.04	0.30