08-Mar-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB	Investment Services	SHORT	22.35	-1.11	HOLD
AIRM	Misc. Transportation	LONG	48.77	0.93	HOLD
ANDE	Crops	LONG	49.30	-0.44	HOLD
BAC	SandLs/Savings Banks	SHORT	12.07	-1.55	SHORT
BAS	Oil Well Services and Equipment	LONG	14.21	0.00	HOLD
BBT	Regional Banks	SHORT	31.40	0.90	HOLD
BCO	Business Services	LONG	27.15	0.56	HOLD
BIG	Retail (Specialty)	LONG	35.87	1.04	SELL
BLX	Regional Banks	SHORT	24.71	-0.28	HOLD
BPOP	Regional Banks	SHORT	27.76	-0.79	HOLD
C	Money Center Banks	SHORT	46.68	3.73	HOLD
CALM	Fish/Livestock	LONG	41.39	1.37	HOLD
CEC	Restaurants	LONG	31.95	0.66	HOLD
CEF	Misc. Financial Services	SHORT	19.57	0.46	HOLD
CENTA	Personal and Household Prods.	LONG	9.10	2.82	HOLD
DUK	Electric Utilities	SHORT	69.64	0.13	HOLD
ESI	Schools	LONG	12.59	-2.33	HOLD
FHN	Regional Banks	SHORT	11.14	-0.80	COVER
FRED	Retail (Department and Discount)	LONG	13.72	3.98	HOLD
GBX	Railroads	LONG	21.17	-0.38	HOLD
HBC	Regional Banks	SHORT	54.87	1.40	HOLD
HCBK	SandLs/Savings Banks	SHORT	8.70	0.12	HOLD
IMKTA	Retail (Grocery)	LONG	20.78	-0.53	BUY
ISBC	SandLs/Savings Banks	SHORT	17.97	0.06	HOLD
JBT	Misc. Capital Goods	LONG	20.80	4.10	HOLD
KMR	Oil Well Services and Equipment	SHORT	82.06	-0.52	HOLD
KRNY	SandLs/Savings Banks	SHORT	10.21	-0.20	HOLD
LAD	Retail (Specialty)	LONG	45.02	1.97	HOLD
LINE	Oil and Gas Operations	SHORT	38.48	1.29	HOLD
MT	Iron and Steel	SHORT	14.72	1.24	HOLD
NILE	Retail (Specialty)	LONG	35.65	0.51	HOLD
NJR	Natural Gas Utilities	LONG	45.27	0.64	HOLD
NR	Oil Well Services and Equipment	LONG	9.23	1.76	HOLD
NVS	Major Drugs	SHORT	68.68	-0.10	HOLD
OMX	Office Supplies	LONG	12.09	0.33	HOLD
SAFM	Food Processing	LONG	53.75	0.90	HOLD
SLV	Misc. Financial Services	SHORT	28.00	0.32	HOLD
SPTN	Retail (Grocery)	LONG	17.62	1.91	HOLD
STM	Semiconductors	SHORT	7.99	0.13	HOLD
STRA	Schools	LONG	48.49	-0.23	HOLD
TFSL	SandLs/Savings Banks	SHORT	10.69	0.85	HOLD
TKC	Communications Services	SHORT	16.14	-0.68	HOLD
USB	Regional Banks	SHORT	34.23	0.23	HOLD
USTR	Office Supplies	LONG	37.41	0.40	HOLD
VALE	Metal Mining	SHORT	18.63	-2.51	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				0.98
SHORTS				0.18
TOTAL				0.80
S&P 500				0.42
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-26.41	7.16	-38.83	-1.97	-0.36
S&P 500	22.52	4.80	-18.61	2.21	0.57

08-Mar-2013 Daily positions

Pre Opening Longs: AIRM, ANDE, BAS, BCO, BIG, CALM, CEC, CENTA, ESI, FRED,
GBX, JBT, LAD, NILE, NJR, NR, OMX, SAFM, SPTN, STRA, USTR
Pre Opening Shorts: AB, BBT, BLX, BPOP, C, CEF, DUK, FHN, HBC, HCBK, ISBC,
KMR, KRNY, LINE, MT, NVS, SLV, STM, TFSL, TKC, USB, VALE

07-Mar-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB	Investment Services	SHORT	22.60	-1.57	HOLD
AIRM	Misc. Transportation	LONG	48.32	-0.47	HOLD
ANDE	Crops	LONG	49.52	0.79	HOLD
BAS	Oil Well Services and Equipment	LONG	14.20	4.03	HOLD
BBT	Regional Banks	SHORT	31.13	1.50	HOLD
BCO	Business Services	LONG	27.00	1.16	HOLD
BIG	Retail (Specialty)	LONG	35.49	-1.33	HOLD
BLX	Regional Banks	SHORT	24.78	0.20	HOLD
BPOP	Regional Banks	SHORT	27.98	0.83	HOLD
C	Money Center Banks	SHORT	45.00	0.94	HOLD
CALM	Fish/Livestock	LONG	40.83	-0.51	HOLD
CEC	Restaurants	LONG	31.75	0.87	HOLD
CEF	Misc. Financial Services	SHORT	19.48	-1.12	HOLD
CENTA	Personal and Household Prods.	LONG	8.85	0.57	HOLD
DUK	Electric Utilities	SHORT	69.55	-0.47	HOLD
ESI	Schools	LONG	12.89	2.38	HOLD
FHN	Regional Banks	SHORT	11.23	3.31	HOLD
FRED	Retail (Department and Discount)	LONG	13.19	-2.62	HOLD
GBX	Railroads	LONG	21.25	0.93	HOLD
HBC	Regional Banks	SHORT	54.12	0.28	HOLD
HCBK	SandLs/Savings Banks	SHORT	8.69	0.29	HOLD
ISBC	SandLs/Savings Banks	SHORT	17.96	0.06	HOLD
JBT	Misc. Capital Goods	LONG	19.98	7.36	HOLD
KMR	Oil Well Services and Equipment	SHORT	82.49	1.88	HOLD
KRNY	SandLs/Savings Banks	SHORT	10.23	0.59	HOLD
LAD	Retail (Specialty)	LONG	44.15	1.03	HOLD
LINE	Oil and Gas Operations	SHORT	37.99	0.88	HOLD
MT	Iron and Steel	SHORT	14.54	-0.34	HOLD
NILE	Retail (Specialty)	LONG	35.47	3.08	HOLD
NJR	Natural Gas Utilities	LONG	44.98	-0.04	HOLD
NR	Oil Well Services and Equipment	LONG	9.07	0.78	HOLD
NVS	Major Drugs	SHORT	68.75	0.09	HOLD
OMX	Office Supplies	LONG	12.05	2.47	HOLD
SAFM	Food Processing	LONG	53.27	0.62	HOLD
SLV	Misc. Financial Services	SHORT	27.91	-0.68	HOLD
SPTN	Retail (Grocery)	LONG	17.29	0.99	HOLD
STM	Semiconductors	SHORT	7.98	-0.50	HOLD
STRA	Schools	LONG	48.60	1.12	HOLD
TFSL	SandLs/Savings Banks	SHORT	10.60	-1.03	HOLD
TKC	Communications Services	SHORT	16.25	-0.91	HOLD
USB	Regional Banks	SHORT	34.15	1.22	HOLD
USTR	Office Supplies	LONG	37.26	-0.56	HOLD
VALE	Metal Mining	SHORT	19.11	0.95	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				1.08
SHORTS				0.29
TOTAL				0.79
S&P 500				0.19
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-27.01	7.04	-38.83	-2.06	-0.37
S&P 500	22.02	4.80	-18.61	2.17	0.56

07-Mar-2013 Daily positions

Pre Opening Longs: AIRM, ANDE, BAS, BCO, BIG, CALM, CEC, CENTA, ESI, FRED,
GBX, JBT, LAD, NILE, NJR, NR, OMX, SAFM, SPTN, STRA, USTR
Pre Opening Shorts: AB, BBT, BLX, BPOP, C, CEF, DUK, FHN, HBC, HCBK, ISBC,
KMR, KRNY, LINE, MT, NVS, SLV, STM, TFSL, TKC, USB, VALE

06-Mar-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB	Investment Services	SHORT	22.96	-0.09	HOLD
AIRM	Misc. Transportation	LONG	48.55	-0.02	HOLD
ANDE	Crops	LONG	49.10	0.04	HOLD
BAS	Oil Well Services and Equipment	LONG	13.64	-1.44	HOLD
BBT	Regional Banks	SHORT	30.67	0.85	HOLD
BCO	Business Services	LONG	26.69	-0.41	HOLD
BIG	Retail (Specialty)	LONG	35.97	6.14	HOLD
BLX	Regional Banks	SHORT	24.73	0.28	HOLD
BPOP	Regional Banks	SHORT	27.75	-0.11	HOLD
C	Money Center Banks	SHORT	44.58	2.25	HOLD
CALM	Fish/Livestock	LONG	41.04	0.93	HOLD
CEC	Restaurants	LONG	31.47	2.47	HOLD
CEF	Misc. Financial Services	SHORT	19.70	1.13	HOLD
CENTA	Personal and Household Prods.	LONG	8.80	0.92	HOLD
DUK	Electric Utilities	SHORT	69.88	-0.40	HOLD
ESI	Schools	LONG	12.59	-0.08	HOLD
FHN	Regional Banks	SHORT	10.87	0.37	HOLD
FRED	Retail (Department and Discount)	LONG	13.55	-0.44	HOLD
GBX	Railroads	LONG	21.05	1.20	HOLD
HBC	Regional Banks	SHORT	53.97	-0.20	HOLD
HCBK	SandLs/Savings Banks	SHORT	8.66	0.17	HOLD
ISBC	SandLs/Savings Banks	SHORT	17.95	-0.17	HOLD
JBT	Misc. Capital Goods	LONG	18.68	1.08	HOLD
KMR	Oil Well Services and Equipment	SHORT	80.97	-1.66	HOLD
KRNY	SandLs/Savings Banks	SHORT	10.17	0.49	HOLD
LAD	Retail (Specialty)	LONG	43.70	1.37	HOLD
LINE	Oil and Gas Operations	SHORT	37.66	-0.03	HOLD
MT	Iron and Steel	SHORT	14.59	1.46	HOLD
NILE	Retail (Specialty)	LONG	34.41	0.29	HOLD
NJR	Natural Gas Utilities	LONG	45.00	-0.24	HOLD
NR	Oil Well Services and Equipment	LONG	9.00	-0.66	HOLD
NVS	Major Drugs	SHORT	68.69	-0.36	HOLD
OMX	Office Supplies	LONG	11.76	-4.31	HOLD
SAFM	Food Processing	LONG	52.94	0.59	HOLD
SLV	Misc. Financial Services	SHORT	28.10	1.26	HOLD
SPTN	Retail (Grocery)	LONG	17.20	-0.46	HOLD
STM	Semiconductors	SHORT	8.02	-0.74	HOLD
STRA	Schools	LONG	48.06	1.65	HOLD
TFSL	SandLs/Savings Banks	SHORT	10.71	2.29	HOLD
TKC	Communications Services	SHORT	16.40	0.55	HOLD
USB	Regional Banks	SHORT	33.74	-0.21	HOLD
USTR	Office Supplies	LONG	37.47	0.92	HOLD
VALE	Metal Mining	SHORT	18.93	5.28	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				0.45
SHORTS				0.57
TOTAL				-0.11
S&P 500				0.13
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	133323077.44	54719227.08	-18.02	0.00	6223.43
S&P 500	21.78	4.80	-18.61	2.15	0.55

06-Mar-2013 Daily positions

Pre Opening Longs: AIRM, ANDE, BAS, BCO, BIG, CALM, CEC, CENTA, ESI, FRED,
GBX, JBT, LAD, NILE, NJR, NR, OMX, SAFM, SPTN, STRA, USTR
Pre Opening Shorts: AB, BBT, BLX, BPOP, C, CEF, DUK, FHN, HBC, HCBK, ISBC,
KMR, KRNY, LINE, MT, NVS, SLV, STM, TFSL, TKC, USB, VALE

05-Mar-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB	Investment Services	SHORT	22.98	1.37	HOLD
AIRM	Misc. Transportation	LONG	48.56	3.45	HOLD
ANDE	Crops	LONG	49.08	0.59	HOLD
BAS	Oil Well Services and Equipment	LONG	13.84	1.39	HOLD
BBT	Regional Banks	SHORT	30.41	-2.31	HOLD
BCO	Business Services	LONG	26.80	0.56	HOLD
BIG	Retail (Specialty)	LONG	33.89	3.35	HOLD
BLX	Regional Banks	SHORT	24.66	-1.08	HOLD
BPOP	Regional Banks	SHORT	27.78	0.87	HOLD
C	Money Center Banks	SHORT	43.60	1.54	HOLD
CALM	Fish/Livestock	LONG	40.66	1.70	HOLD
CEC	Restaurants	LONG	30.71	3.64	HOLD
CEF	Misc. Financial Services	SHORT	19.48	-0.31	HOLD
CENTA	Personal and Household Prods.	LONG	8.72	0.23	HOLD
DUK	Electric Utilities	SHORT	70.16	0.65	HOLD
ESI	Schools	LONG	12.60	1.94	HOLD
FHN	Regional Banks	SHORT	10.83	0.56	HOLD
FRED	Retail (Department and Discount)	LONG	13.61	0.81	HOLD
GBX	Railroads	LONG	20.80	2.82	HOLD
HBC	Regional Banks	SHORT	54.08	0.24	HOLD
HCBK	SandLs/Savings Banks	SHORT	8.65	0.23	HOLD
ISBC	SandLs/Savings Banks	SHORT	17.98	0.28	HOLD
JBT	Misc. Capital Goods	LONG	18.48	0.60	HOLD
KMR	Oil Well Services and Equipment	SHORT	82.34	-0.21	HOLD
KRNY	SandLs/Savings Banks	SHORT	10.12	-0.78	HOLD
LAD	Retail (Specialty)	LONG	43.11	2.01	HOLD
LINE	Oil and Gas Operations	SHORT	37.67	0.67	HOLD
MT	Iron and Steel	SHORT	14.38	1.27	HOLD
NILE	Retail (Specialty)	LONG	34.31	1.69	HOLD
NJR	Natural Gas Utilities	LONG	45.11	1.14	HOLD
NR	Oil Well Services and Equipment	LONG	9.06	3.54	HOLD
NVS	Major Drugs	SHORT	68.94	0.06	HOLD
OMX	Office Supplies	LONG	12.29	0.99	HOLD
SAFM	Food Processing	LONG	52.63	0.86	HOLD
SLV	Misc. Financial Services	SHORT	27.75	0.54	HOLD
SPTN	Retail (Grocery)	LONG	17.28	0.52	HOLD
STM	Semiconductors	SHORT	8.08	0.75	HOLD
STRA	Schools	LONG	47.28	0.83	HOLD
TFSL	SandLs/Savings Banks	SHORT	10.47	-0.66	HOLD
TKC	Communications Services	SHORT	16.50	0.00	HOLD
USB	Regional Banks	SHORT	34.28	0.00	HOLD
USTR	Office Supplies	LONG	37.13	-0.72	HOLD
VALE	Metal Mining	SHORT	17.98	-0.22	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				1.52
SHORTS				0.16
TOTAL				1.37
S&P 500				0.89
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	4994367927918.74	2162909086296.08	-17.50	0.00	1246072.76
S&P 500	21.61	4.80	-18.61	2.14	0.55

05-Mar-2013 Daily positions

Pre Opening Longs: AIRM, ANDE, BAS, BCO, BIG, CALM, CEC, CENTA, ESI, FRED,
GBX, JBT, LAD, NILE, NJR, NR, OMX, SAFM, SPTN, STRA, USTR
Pre Opening Shorts: AB, BBT, BLX, BPOP, C, CEF, DUK, FHN, HBC, HCBK, ISBC,
KMR, KRNY, LINE, MT, NVS, SLV, STM, TFSL, TKC, USB, VALE

04-Mar-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB	Investment Services	SHORT	22.67	-0.79	HOLD
AIRM	Misc. Transportation	LONG	46.94	2.35	HOLD
ANDE	Crops	LONG	48.79	0.54	HOLD
BAS	Oil Well Services and Equipment	LONG	13.65	-4.14	HOLD
BBT	Regional Banks	SHORT	31.13	1.53	HOLD
BCO	Business Services	LONG	26.65	0.00	HOLD
BIG	Retail (Specialty)	LONG	32.79	-0.94	HOLD
BLX	Regional Banks	SHORT	24.93	2.21	HOLD
BPOP	Regional Banks	SHORT	27.54	0.00	HOLD
C	Money Center Banks	SHORT	42.94	1.97	HOLD
CALM	Fish/Livestock	LONG	39.98	-2.03	HOLD
CEC	Restaurants	LONG	29.63	-0.97	HOLD
CEF	Misc. Financial Services	SHORT	19.54	0.21	HOLD
CENTA	Personal and Household Prods.	LONG	8.70	-1.25	HOLD
DUK	Electric Utilities	SHORT	69.71	0.66	HOLD
ESI	Schools	LONG	12.36	-8.85	HOLD
FHN	Regional Banks	SHORT	10.77	1.03	HOLD
FRED	Retail (Department and Discount)	LONG	13.50	1.28	HOLD
GBX	Railroads	LONG	20.23	-0.10	HOLD
HBC	Regional Banks	SHORT	53.95	-1.60	HOLD
HCBK	SandLs/Savings Banks	SHORT	8.63	0.58	HOLD
ISBC	SandLs/Savings Banks	SHORT	17.93	0.90	HOLD
JBT	Misc. Capital Goods	LONG	18.37	0.11	HOLD
KMR	Oil Well Services and Equipment	SHORT	82.51	0.40	HOLD
KRNY	SandLs/Savings Banks	SHORT	10.20	1.29	HOLD
LAD	Retail (Specialty)	LONG	42.26	-0.59	HOLD
LINE	Oil and Gas Operations	SHORT	37.42	-0.29	HOLD
MT	Iron and Steel	SHORT	14.20	-2.20	HOLD
NILE	Retail (Specialty)	LONG	33.74	-0.62	HOLD
NJR	Natural Gas Utilities	LONG	44.60	-1.09	HOLD
NR	Oil Well Services and Equipment	LONG	8.75	-1.91	HOLD
NVS	Major Drugs	SHORT	68.90	1.10	HOLD
OMX	Office Supplies	LONG	12.17	1.84	HOLD
SAFM	Food Processing	LONG	52.18	0.85	HOLD
SLV	Misc. Financial Services	SHORT	27.61	-0.04	HOLD
SONC	Restaurants	LONG	11.26	-1.57	SELL
SPTN	Retail (Grocery)	LONG	17.19	0.17	BUY
STM	Semiconductors	SHORT	8.02	1.91	HOLD
STRA	Schools	LONG	46.89	-4.11	HOLD
TFSL	SandLs/Savings Banks	SHORT	10.54	-0.19	HOLD
TKC	Communications Services	SHORT	16.50	-0.48	HOLD
USB	Regional Banks	SHORT	34.28	0.79	HOLD
USTR	Office Supplies	LONG	37.40	0.11	HOLD
VALE	Metal Mining	SHORT	18.02	-2.86	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-1.00
SHORTS				0.28
TOTAL				-1.28
S&P 500				0.53
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	3348477406861.17	1467419037116.02	-17.50	0.00	1045691.48
S&P 500	20.54	4.82	-18.61	2.03	0.53

04-Mar-2013 Daily positions

Pre Opening Longs: AIRM, ANDE, BAS, BCO, BIG, CALM, CEC, CENTA, ESI, FRED,
GBX, JBT, LAD, NILE, NJR, NR, OMX, SAFM, SONC, STRA, USTR
Pre Opening Shorts: AB, BBT, BLX, BPOP, C, CEF, DUK, FHN, HBC, HCBK, ISBC,
KMR, KRNY, LINE, MT, NVS, SLV, STM, TFSL, TKC, USB, VALE