28-Dec-2012 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB	Investment Services	SHORT	17.48	3.13	HOLD
ALJ	Oil and Gas Operations	LONG	15.14	-1.69	HOLD
ANDE	Crops	LONG	42.71	-1.32	BUY
ATVI	Software and Programming	SHORT	10.56	-0.28	HOLD
BAS	Oil Well Services and Equipment	LONG	10.89	-1.63	SELL
BBT	Regional Banks	SHORT	28.85	-0.72	HOLD
BIG	Retail (Specialty)	LONG	27.75	-0.43	HOLD
BLX	Regional Banks	SHORT	21.12	-0.56	HOLD
BOKF	Regional Banks	SHORT	54.23	-0.75	HOLD
CEF	Misc. Financial Services	SHORT	20.93	-0.95	HOLD
CENTA	Personal and Household Prods.	LONG	10.27	-2.47	HOLD
CET	Misc. Financial Services	SHORT	19.21	-1.23	HOLD
ESI	Schools	LONG	17.45	1.63	HOLD
FHN	Regional Banks	SHORT	9.77	-0.51	HOLD
FRED	Retail (Department and Discount)	LONG	13.25	-0.38	HOLD
FTK	Oil Well Services and Equipment	LONG	11.75	0.26	HOLD
GBX	Railroads	LONG	15.75	0.19	HOLD
GLD	Misc. Financial Services	SHORT	160.55	-0.38	HOLD
HBC	Regional Banks	SHORT	52.54	-0.47	HOLD
HCBK	SandLs/Savings Banks	SHORT	8.04	-0.37	HOLD
IAU	Misc. Financial Services	SHORT	16.13	-0.43	COVER
IPAR	Personal and Household Prods.	LONG	19.65	0.00	HOLD
ISBC	SandLs/Savings Banks	SHORT	17.60	-0.11	HOLD
KEG	Oil Well Services and Equipment	LONG	6.68	-2.91	HOLD
KMR	Oil Well Services and Equipment	SHORT	73.40	-0.14	HOLD
KRNY	SandLs/Savings Banks	SHORT	9.51	-2.16	HOLD
LAD	Retail (Specialty)	LONG	36.02	-0.77	HOLD
LCC	Airline	LONG	12.79	-2.37	HOLD
LINE	Oil and Gas Operations	SHORT	35.24	-0.25	HOLD
NAFC	Retail (Grocery)	LONG	21.30	-0.47	HOLD
NILE	Retail (Specialty)	LONG	37.70	0.19	HOLD
NR	Oil Well Services and Equipment	LONG	7.77	-1.77	HOLD
NVS	Major Drugs	SHORT	62.90	-0.68	HOLD
OMX		LONG	9.29	-2.21	HOLD
SLV	Misc. Financial Services	SHORT	29.10	-0.48	HOLD
SONC	Restaurants	LONG	10.23	0.59	HOLD
STRA	Schools	LONG	55.32	-2.78	HOLD
TCB	Regional Banks	SHORT	12.04	-0.66	HOLD
TFSL	SandLs/Savings Banks	SHORT	9.43	0.86	HOLD
TKC	Communications Services	SHORT	16.05	0.06	HOLD
USB	Regional Banks	SHORT	31.68	-1.06	HOLD
USNA	Conglomerates	LONG	31.60	1.18	HOLD
USTR	Office Supplies	LONG	30.26	-1.27	HOLD
V	Consumer Financial Services	SHORT	148.65	-0.50	HOLD
VALE	Metal Mining	SHORT	20.52	-0.48	HOLD
VQ	Oil and Gas Operations	LONG	12.49	0.00	HOLD
WGL	Natural Gas Utilities	LONG	38.65	-0.59	HOLD
XTXI	Oil Well Services and Equipment	LONG	13.88	0.00	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.77
SHORTS				-0.38
TOTAL				-0.39
S&P 500				-1.08
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-36.36	5.22	-39.77	-4.19	-0.55
S&P 500	9.60	5.39	-18.60	0.95	0.28