15-Jan-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB	Investment Services	SHORT	19.90	-0.45	HOLD
AIRM	Misc. Transportation	LONG	42.57	2.85	BUY
ALJ	Oil and Gas Operations	LONG	18.14	0.89	HOLD
ANDE	Crops	LONG	45.08	0.18	HOLD
ATVI	Software and Programming	SHORT	11.57	0.61	HOLD
BIG	Retail (Specialty)	LONG	29.78	3.58	HOLD
BLX	Regional Banks	SHORT	22.21	-0.40	HOLD
C	Money Center Banks	SHORT	42.57	0.83	SHORT
CEF	Misc. Financial Services	SHORT	21.78	0.74	HOLD
CENTA	Personal and Household Prods.	LONG	9.63	-0.82	HOLD
CET	Misc. Financial Services	SHORT	20.17	-0.03	HOLD
ESI	Schools	LONG	14.74	2.50	HOLD
FHN	Regional Banks	SHORT	10.06	1.00	HOLD
FRED	Retail (Department and Discount)	LONG	12.57	1.13	HOLD
FTK	Oil Well Services and Equipment	LONG	12.75	-0.55	HOLD
GBX	Railroads	LONG	17.79	2.83	HOLD
HBC	Regional Banks	SHORT	54.77	0.52	HOLD
HCBK	SandLs/Savings Banks	SHORT	8.57	0.35	HOLD
IPAR	Personal and Household Prods.	LONG	20.44	-0.63	HOLD
ISBC	SandLs/Savings Banks	SHORT	18.00	-0.28	HOLD
KEG	Oil Well Services and Equipment	LONG	7.40	1.37	HOLD
KMR	Oil Well Services and Equipment	SHORT	80.72	0.42	HOLD
KRNY	SandLs/Savings Banks	SHORT	9.92	-0.60	HOLD
LAD	Retail (Specialty)	LONG	39.73	2.93	HOLD
LCC	Airline	LONG	14.31	-2.45	SELL
LINE	Oil and Gas Operations	SHORT	37.06	-1.04	HOLD
NAFC	Retail (Grocery)	LONG	19.83	0.61	HOLD
NILE	Retail (Specialty)	LONG	34.31	-4.03	HOLD
NR	Oil Well Services and Equipment	LONG	7.94	1.79	HOLD
NVS	Major Drugs	SHORT	65.22	-0.40	HOLD
OMX		LONG	10.56	6.45	HOLD
SLV	Misc. Financial Services	SHORT	30.36	1.07	HOLD
SONC	Restaurants	LONG	11.10	1.37	HOLD
STRA	Schools	LONG	54.56	2.69	HOLD
TCB	Regional Banks	SHORT	12.75	1.11	HOLD
TFSL	SandLs/Savings Banks	SHORT	10.20	-0.58	HOLD
TKC	Communications Services	SHORT	17.20	-0.52	HOLD
USB	Regional Banks	SHORT	33.28	-0.57	COVER
USTR	Office Supplies	LONG	32.12	-0.46	HOLD
V	Consumer Financial Services	SHORT	160.45	-0.12	HOLD
VALE	Metal Mining	SHORT	20.25	-0.10	HOLD
WGL	Natural Gas Utilities	LONG	38.89	0.44	HOLD
XTXI	Oil Well Services and Equipment	LONG	15.55	1.24	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				1.00
SHORTS				0.04
TOTAL				0.97
S&P 500				0.07
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-36.78	5.19	-39.98	-4.18	-0.54
S&P 500	15.11	4.89	-18.60	1.60	0.42