14-Jan-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB	Investment Services	SHORT	19.98	0.00	HOLD
ALJ	Oil and Gas Operations	LONG	17.70	0.00	HOLD
ANDE	Crops	LONG	45.00	1.10	HOLD
ATVI	Software and Programming	SHORT	11.51	-0.09	HOLD
BIG	Retail (Specialty)	LONG	28.75	2.06	HOLD
BLX	Regional Banks	SHORT	22.30	-0.45	HOLD
CEF	Misc. Financial Services	SHORT	21.62	1.12	HOLD
CENTA	Personal and Household Prods.	LONG	9.71	2.64	HOLD
CET	Misc. Financial Services	SHORT	20.18	0.00	HOLD
ESI	Schools	LONG	14.38	-0.76	HOLD
FHN	Regional Banks	SHORT	9.96	-0.10	HOLD
FRED	Retail (Department and Discount)	LONG	12.43	-0.08	HOLD
FTK	Oil Well Services and Equipment	LONG	12.82	-1.84	HOLD
GBX	Railroads	LONG	17.30	-0.80	HOLD
HBC	Regional Banks	SHORT	54.49	-0.22	HOLD
HCBK	SandLs/Savings Banks	SHORT	8.54	-0.47	HOLD
IPAR	Personal and Household Prods.	LONG	20.57	0.83	HOLD
ISBC	SandLs/Savings Banks	SHORT	18.05	-0.61	HOLD
KEG	Oil Well Services and Equipment	LONG	7.30	-3.95	HOLD
KMR	Oil Well Services and Equipment	SHORT	80.38	-0.35	HOLD
KRNY	SandLs/Savings Banks	SHORT	9.98	-0.20	HOLD
LAD	Retail (Specialty)	LONG	38.60	-0.10	HOLD
LCC	Airline	LONG	14.67	-0.74	HOLD
LINE	Oil and Gas Operations	SHORT	37.45	0.92	HOLD
NAFC	Retail (Grocery)	LONG	19.71	-0.30	HOLD
NILE	Retail (Specialty)	LONG	35.75	-1.02	HOLD
NR	Oil Well Services and Equipment	LONG	7.80	-2.50	HOLD
NVS	Major Drugs	SHORT	65.48	0.14	HOLD
OMX		LONG	9.92	0.61	HOLD
SLV	Misc. Financial Services	SHORT	30.04	1.90	HOLD
SONC	Restaurants	LONG	10.96	-0.81	HOLD
STRA	Schools	LONG	53.13	0.17	HOLD
TCB	Regional Banks	SHORT	12.61	0.00	HOLD
TFSL	SandLs/Savings Banks	SHORT	10.26	2.29	HOLD
TKC	Communications Services	SHORT	17.29	0.00	HOLD
USB	Regional Banks	SHORT	33.47	-0.09	HOLD
USTR	Office Supplies	LONG	32.27	0.00	HOLD
V	Consumer Financial Services	SHORT	160.65	-0.32	HOLD
VALE	Metal Mining	SHORT	20.27	-0.25	HOLD
WGL	Natural Gas Utilities	LONG	38.72	0.05	HOLD
XTXI	Oil Well Services and Equipment	LONG	15.36	0.33	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.24
SHORTS				0.16
TOTAL				-0.41
S&P 500				-0.07
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-37.41	5.14	-39.98	-4.32	-0.55
S&P 500	15.04	4.89	-18.60	1.59	0.42