15-Feb-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB	Investment Services	SHORT	21.40	2.05	HOLD
AIRM	Misc. Transportation	LONG	43.26	0.44	HOLD
ALJ	Oil and Gas Operations	LONG	20.61	0.78	HOLD
ANDE	Crops	LONG	47.60	-0.54	HOLD
BBT	Regional Banks	SHORT	30.27	-0.30	HOLD
BIG	Retail (Specialty)	LONG	33.85	-2.62	HOLD
BLX	Regional Banks	SHORT	24.43	1.37	HOLD
BPOP	Regional Banks	SHORT	28.82	0.91	HOLD
C	Money Center Banks	SHORT	43.84	-1.08	HOLD
CEC	Restaurants	LONG	32.32	-1.40	HOLD
CEF	Misc. Financial Services	SHORT	20.23	-2.36	HOLD
CENTA	Personal and Household Prods.	LONG	9.25	0.98	HOLD
ESI	Schools	LONG	18.34	0.22	HOLD
FHN	Regional Banks	SHORT	10.62	-1.58	HOLD
FRED	Retail (Department and Discount)	LONG	13.34	-0.74	HOLD
FTK	Oil Well Services and Equipment	LONG	14.77	3.00	HOLD
HBC	Regional Banks	SHORT	56.57	0.44	HOLD
HCBK	SandLs/Savings Banks	SHORT	8.70	0.23	HOLD
IPAR	Personal and Household Prods.	LONG	23.84	0.29	HOLD
ISBC	SandLs/Savings Banks	SHORT	18.13	-0.60	HOLD
KMR	Oil Well Services and Equipment	SHORT	81.77	-0.54	HOLD
KRNY	SandLs/Savings Banks	SHORT	10.22	-0.58	HOLD
LAD	Retail (Specialty)	LONG	42.69	-0.93	HOLD
LINE	Oil and Gas Operations	SHORT	35.93	-3.75	HOLD
NAFC	Retail (Grocery)	LONG	20.94	0.10	HOLD
NILE	Retail (Specialty)	LONG	31.94	2.01	HOLD
NJR	Natural Gas Utilities	LONG	43.80	0.37	HOLD
NR	Oil Well Services and Equipment	LONG	9.15	2.81	HOLD
NVS	Major Drugs	SHORT	69.20	0.76	HOLD
OMX	Office Supplies	LONG	10.75	-1.29	HOLD
SAFM	Food Processing	LONG	52.94	-0.23	HOLD
SLV	Misc. Financial Services	SHORT	28.83	-2.13	HOLD
SONC	Restaurants	LONG	11.00	-2.65	HOLD
STM	Semiconductors	SHORT	8.38	-1.53	HOLD
TFSL	SandLs/Savings Banks	SHORT	10.68	0.19	HOLD
TKC	Communications Services	SHORT	15.74	0.38	HOLD
USB	Regional Banks	SHORT	33.91	-0.24	HOLD
USTR	Office Supplies	LONG	34.70	-0.09	HOLD
V	Consumer Financial Services	SHORT	157.99	1.29	HOLD
VALE	Metal Mining	SHORT	19.51	-1.41	HOLD
XTXI	Oil Well Services and Equipment	LONG	17.75	-0.53	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.00
SHORTS				-0.40
TOTAL				0.40
S&P 500				-0.08
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-26.38	6.99	-38.01	-2.07	-0.38
S&P 500	14.94	4.72	-19.49	1.56	0.38

15-Feb-2013 Daily positions

Pre Opening Longs: AIRM, ALJ, ANDE, BIG, CEC, CENTA, ESI, FRED, FTK, IPAR,
LAD, NAFC, NILE, NJR, NR, OMX, SAFM, SONC, USTR, XTXI
Pre Opening Shorts: AB, BBT, BLX, BPOP, C, CEF, FHN, HBC, HCBK, ISBC, KMR,
KRNY, LINE, NVS, SLV, STM, TFSL, TKC, USB, V, VALE

13-Feb-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB	Investment Services	SHORT	20.50	-2.01	HOLD
AIRM	Misc. Transportation	LONG	43.17	0.21	HOLD
ALJ	Oil and Gas Operations	LONG	20.24	1.00	HOLD
ANDE	Crops	LONG	47.88	1.46	HOLD
BBT	Regional Banks	SHORT	30.53	-0.23	HOLD
BIG	Retail (Specialty)	LONG	33.74	1.47	HOLD
BLX	Regional Banks	SHORT	24.35	-0.90	HOLD
BPOP	Regional Banks	SHORT	28.76	0.35	HOLD
C	Money Center Banks	SHORT	43.98	-0.83	HOLD
CEC	Restaurants	LONG	31.81	-0.92	HOLD
CEF	Misc. Financial Services	SHORT	20.96	-1.41	HOLD
CENTA	Personal and Household Prods.	LONG	9.13	-0.33	HOLD
ESI	Schools	LONG	18.23	0.50	HOLD
FHN	Regional Banks	SHORT	10.80	-0.23	HOLD
FRED	Retail (Department and Discount)	LONG	13.33	0.23	HOLD
FTK	Oil Well Services and Equipment	LONG	13.86	1.02	HOLD
GBX	Railroads	LONG	21.31	2.26	SELL
HBC	Regional Banks	SHORT	56.83	-0.26	HOLD
HCBK	SandLs/Savings Banks	SHORT	8.69	-0.57	HOLD
IPAR	Personal and Household Prods.	LONG	23.51	1.34	HOLD
ISBC	SandLs/Savings Banks	SHORT	18.39	0.44	HOLD
KMR	Oil Well Services and Equipment	SHORT	82.49	0.48	HOLD
KRNY	SandLs/Savings Banks	SHORT	10.41	0.10	HOLD
LAD	Retail (Specialty)	LONG	42.97	0.02	HOLD
LINE	Oil and Gas Operations	SHORT	36.77	0.25	HOLD
NAFC	Retail (Grocery)	LONG	20.92	1.11	HOLD
NILE	Retail (Specialty)	LONG	30.30	-2.16	HOLD
NJR	Natural Gas Utilities	LONG	43.88	0.76	HOLD
NR	Oil Well Services and Equipment	LONG	8.52	0.47	BUY
NVS	Major Drugs	SHORT	68.59	0.12	HOLD
OMX	Office Supplies	LONG	10.80	-1.73	HOLD
SAFM	Food Processing	LONG	52.54	1.00	HOLD
SLV	Misc. Financial Services	SHORT	29.79	-1.00	HOLD
SONC	Restaurants	LONG	11.38	-0.78	HOLD
STM	Semiconductors	SHORT	8.61	-0.46	HOLD
TFSL	SandLs/Savings Banks	SHORT	10.60	0.00	HOLD
TKC	Communications Services	SHORT	15.82	-0.94	HOLD
USB	Regional Banks	SHORT	33.92	-1.14	HOLD
USTR	Office Supplies	LONG	34.60	2.55	HOLD
V	Consumer Financial Services	SHORT	154.70	-1.13	HOLD
VALE	Metal Mining	SHORT	19.95	0.71	HOLD
XTXI	Oil Well Services and Equipment	LONG	17.88	2.38	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				0.57
SHORTS				-0.41
TOTAL				0.98
S&P 500				0.10
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-27.63	6.75	-38.01	-2.26	-0.40
S&P 500	14.94	4.71	-19.49	1.57	0.38

12-Feb-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB	Investment Services	SHORT	20.92	-2.43	HOLD
AIRM	Misc. Transportation	LONG	43.08	-2.11	HOLD
ALJ	Oil and Gas Operations	LONG	20.04	-4.98	HOLD
ANDE	Crops	LONG	47.19	-0.55	HOLD
BBT	Regional Banks	SHORT	30.60	-0.10	HOLD
BIG	Retail (Specialty)	LONG	33.25	0.03	HOLD
BLX	Regional Banks	SHORT	24.57	3.02	HOLD
BPOP	Regional Banks	SHORT	28.66	0.56	HOLD
C	Money Center Banks	SHORT	44.35	2.78	HOLD
CEC	Restaurants	LONG	32.10	-1.68	HOLD
CEF	Misc. Financial Services	SHORT	21.25	-0.09	HOLD
CENTA	Personal and Household Prods.	LONG	9.16	2.58	HOLD
ESI	Schools	LONG	18.14	3.19	HOLD
FHN	Regional Banks	SHORT	10.82	1.22	HOLD
FRED	Retail (Department and Discount)	LONG	13.30	-0.11	HOLD
FTK	Oil Well Services and Equipment	LONG	13.72	-0.58	HOLD
GBX	Railroads	LONG	20.84	0.63	HOLD
HBC	Regional Banks	SHORT	56.98	1.32	HOLD
HCBK	SandLs/Savings Banks	SHORT	8.74	1.27	HOLD
IPAR	Personal and Household Prods.	LONG	23.20	1.75	HOLD
ISBC	SandLs/Savings Banks	SHORT	18.31	0.00	HOLD
KMR	Oil Well Services and Equipment	SHORT	82.10	-0.17	HOLD
KRNY	SandLs/Savings Banks	SHORT	10.40	0.19	HOLD
LAD	Retail (Specialty)	LONG	42.96	0.89	HOLD
LINE	Oil and Gas Operations	SHORT	36.68	-0.95	HOLD
NAFC	Retail (Grocery)	LONG	20.69	0.53	HOLD
NILE	Retail (Specialty)	LONG	30.97	-0.51	HOLD
NJR	Natural Gas Utilities	LONG	43.55	1.90	HOLD
NVS	Major Drugs	SHORT	68.51	0.35	HOLD
OMX	Office Supplies	LONG	11.01	2.80	HOLD
SAFM	Food Processing	LONG	52.02	-0.17	HOLD
SLV	Misc. Financial Services	SHORT	30.09	0.30	HOLD
SONC	Restaurants	LONG	11.47	1.77	HOLD
STM	Semiconductors	SHORT	8.65	1.65	HOLD
TFSL	SandLs/Savings Banks	SHORT	10.60	0.95	HOLD
TKC	Communications Services	SHORT	15.97	0.76	HOLD
USB	Regional Banks	SHORT	34.31	0.65	HOLD
USTR	Office Supplies	LONG	33.74	1.05	HOLD
V	Consumer Financial Services	SHORT	156.80	0.30	HOLD
VALE	Metal Mining	SHORT	19.81	-0.05	HOLD
XTXI	Oil Well Services and Equipment	LONG	17.47	-0.03	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				0.32
SHORTS				0.55
TOTAL				-0.23
S&P 500				0.17
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-28.32	6.63	-37.98	-2.37	-0.41
S&P 500	14.83	4.71	-19.49	1.56	0.38

11-Feb-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB	Investment Services	SHORT	21.44	4.38	HOLD
AIRM	Misc. Transportation	LONG	44.01	-0.88	HOLD
ALJ	Oil and Gas Operations	LONG	21.09	1.83	HOLD
ANDE	Crops	LONG	47.45	1.10	HOLD
BBT	Regional Banks	SHORT	30.63	-0.07	HOLD
BIG	Retail (Specialty)	LONG	33.24	1.22	HOLD
BLX	Regional Banks	SHORT	23.85	-0.33	HOLD
BPOP	Regional Banks	SHORT	28.50	-0.04	HOLD
C	Money Center Banks	SHORT	43.15	1.10	HOLD
CEC	Restaurants	LONG	32.65	-0.97	HOLD
CEF	Misc. Financial Services	SHORT	21.25	-0.98	HOLD
CENTA	Personal and Household Prods.	LONG	8.93	-1.98	HOLD
ESI	Schools	LONG	17.58	2.81	HOLD
FHN	Regional Banks	SHORT	10.69	0.66	HOLD
FRED	Retail (Department and Discount)	LONG	13.31	-1.73	HOLD
FTK	Oil Well Services and Equipment	LONG	13.80	-0.79	HOLD
GBX	Railroads	LONG	20.71	2.22	HOLD
HBC	Regional Banks	SHORT	56.24	-0.92	HOLD
HCBK	SandLs/Savings Banks	SHORT	8.63	0.12	HOLD
IPAR	Personal and Household Prods.	LONG	22.80	-0.04	HOLD
ISBC	SandLs/Savings Banks	SHORT	18.31	0.05	HOLD
KMR	Oil Well Services and Equipment	SHORT	82.24	-0.12	HOLD
KRNY	SandLs/Savings Banks	SHORT	10.38	0.39	HOLD
LAD	Retail (Specialty)	LONG	42.58	-1.57	HOLD
LINE	Oil and Gas Operations	SHORT	37.03	-0.54	HOLD
NAFC	Retail (Grocery)	LONG	20.58	0.44	HOLD
NILE	Retail (Specialty)	LONG	31.13	-1.39	HOLD
NJR	Natural Gas Utilities	LONG	42.74	1.16	HOLD
NVS	Major Drugs	SHORT	68.27	-0.04	HOLD
OMX	Office Supplies	LONG	10.71	0.37	HOLD
SAFM	Food Processing	LONG	52.11	0.15	HOLD
SLV	Misc. Financial Services	SHORT	29.99	-1.45	HOLD
SONC	Restaurants	LONG	11.27	-0.70	HOLD
STM	Semiconductors	SHORT	8.51	-0.12	HOLD
STRA	Schools	LONG	61.74	0.29	SELL
TFSL	SandLs/Savings Banks	SHORT	10.50	0.00	HOLD
TKC	Communications Services	SHORT	15.85	-0.63	HOLD
USB	Regional Banks	SHORT	34.09	1.31	HOLD
USTR	Office Supplies	LONG	33.39	0.15	HOLD
V	Consumer Financial Services	SHORT	156.33	-0.93	HOLD
VALE	Metal Mining	SHORT	19.82	-0.15	HOLD
XTXI	Oil Well Services and Equipment	LONG	17.47	0.52	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				0.10
SHORTS				0.08
TOTAL				0.02
S&P 500				-0.02
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	132222591.44	54817953.31	-18.03	0.00	7805.47
S&P 500	14.64	4.71	-19.49	1.55	0.37