21-Mar-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB	Investment Services	SHORT	21.17	-2.85	HOLD
AIRM	Misc. Transportation	LONG	48.24	-0.96	HOLD
ANDE	Crops	LONG	52.01	-0.31	HOLD
BAC	SandLs/Savings Banks	SHORT	12.57	-1.64	HOLD
BAS	Oil Well Services and Equipment	LONG	13.77	-1.22	HOLD
BBT	Regional Banks	SHORT	30.64	-1.07	HOLD
BCO	Business Services	LONG	27.65	-1.99	HOLD
BLT	Metal Mining	LONG	13.74	-0.36	HOLD
BLX	Regional Banks	SHORT	24.64	-0.85	HOLD
BPOP	Regional Banks	SHORT	28.85	1.00	HOLD
C	Money Center Banks	SHORT	45.23	-1.87	HOLD
CALM	Fish/Livestock	LONG	42.47	-2.12	HOLD
CEC	Restaurants	LONG	32.50	-0.64	HOLD
CEF	Misc. Financial Services	SHORT	19.97	1.78	HOLD
CLR	Oil and Gas Operations	SHORT	86.18	-3.33	HOLD
DUK	Electric Utilities	SHORT	70.26	-0.20	HOLD
ESI	Schools	LONG	13.10	2.02	HOLD
FRED	Retail (Department and Discount)	LONG	14.24	-0.84	HOLD
GBX	Railroads	LONG	22.06	-0.94	HOLD
HBC	Regional Banks	SHORT	53.29	-1.10	HOLD
IMKTA	Retail (Grocery)	LONG	21.28	-1.71	HOLD
ISBC	SandLs/Savings Banks	SHORT	18.40	0.88	HOLD
JBT	Misc. Capital Goods	LONG	20.54	-0.96	HOLD
KMR	Oil Well Services and Equipment	SHORT	84.47	1.83	HOLD
KRNY	SandLs/Savings Banks	SHORT	10.38	-1.52	HOLD
LAD	Retail (Specialty)	LONG	45.02	-1.51	HOLD
LINE	Oil and Gas Operations	SHORT	36.91	-1.77	HOLD
MT	Iron and Steel	SHORT	13.71	-1.44	HOLD
MYE	Fabricated Plastic and Rubber	LONG	14.03	-3.44	HOLD
NILE	Retail (Specialty)	LONG	34.54	-2.06	HOLD
NJR	Natural Gas Utilities	LONG	44.58	-0.36	HOLD
NR	Oil Well Services and Equipment	LONG	8.94	-0.83	HOLD
NVS	Major Drugs	SHORT	70.62	-0.98	HOLD
OMX	Office Supplies	LONG	11.95	-0.99	HOLD
PBR	Oil and Gas - Integrated	SHORT	16.88	-1.86	HOLD
SAFM	Food Processing	LONG	53.81	-4.06	HOLD
SLV	Misc. Financial Services	SHORT	28.18	1.33	HOLD
SPTN	Retail (Grocery)	LONG	17.61	-2.06	HOLD
STM	Semiconductors	SHORT	7.89	-3.07	HOLD
STRA	Schools	LONG	50.24	-3.40	HOLD
TFSL	SandLs/Savings Banks	SHORT	10.80	0.19	HOLD
TKC	Communications Services	SHORT	16.44	-0.72	HOLD
USB	Regional Banks	SHORT	33.55	-1.12	HOLD
USTR	Office Supplies	LONG	38.21	-0.49	HOLD
VALE	Metal Mining	SHORT	17.05	-0.87	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-1.33
SHORTS				-0.84
TOTAL				-0.49
S&P 500				-0.84
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-25.35	7.40	-38.89	-1.79	-0.34
S&P 500	22.24	4.87	-18.61	2.11	0.55

20-Mar-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB	Investment Services	SHORT	21.73	0.56	HOLD
AIRM	Misc. Transportation	LONG	48.71	-0.59	HOLD
ANDE	Crops	LONG	52.17	0.13	HOLD
BAC	SandLs/Savings Banks	SHORT	12.78	0.55	HOLD
BAS	Oil Well Services and Equipment	LONG	13.93	-2.18	HOLD
BBT	Regional Banks	SHORT	30.97	0.58	HOLD
BCO	Business Services	LONG	28.20	1.09	HOLD
BLT	Metal Mining	LONG	13.79	-0.65	HOLD
BLX	Regional Banks	SHORT	24.81	-0.24	HOLD
BPOP	Regional Banks	SHORT	28.57	0.81	HOLD
C	Money Center Banks	SHORT	46.09	0.66	HOLD
CALM	Fish/Livestock	LONG	43.39	-0.14	HOLD
CEC	Restaurants	LONG	32.71	1.81	HOLD
CEF	Misc. Financial Services	SHORT	19.62	-0.91	HOLD
CLR	Oil and Gas Operations	SHORT	89.12	0.35	HOLD
DUK	Electric Utilities	SHORT	70.40	0.70	HOLD
ESI	Schools	LONG	12.85	-0.39	HOLD
FRED	Retail (Department and Discount)	LONG	14.36	2.13	HOLD
GBX	Railroads	LONG	22.27	1.74	HOLD
HBC	Regional Banks	SHORT	53.89	1.13	HOLD
IMKTA	Retail (Grocery)	LONG	21.65	0.19	HOLD
ISBC	SandLs/Savings Banks	SHORT	18.24	0.66	HOLD
JBT	Misc. Capital Goods	LONG	20.73	0.63	HOLD
KMR	Oil Well Services and Equipment	SHORT	82.95	1.73	HOLD
KRNY	SandLs/Savings Banks	SHORT	10.54	0.96	HOLD
LAD	Retail (Specialty)	LONG	45.74	1.49	HOLD
LINE	Oil and Gas Operations	SHORT	37.58	0.79	HOLD
MT	Iron and Steel	SHORT	13.91	0.51	HOLD
MYE	Fabricated Plastic and Rubber	LONG	14.52	-0.82	HOLD
NILE	Retail (Specialty)	LONG	35.26	4.37	HOLD
NJR	Natural Gas Utilities	LONG	44.68	0.70	HOLD
NR	Oil Well Services and Equipment	LONG	9.02	-0.66	HOLD
NVS	Major Drugs	SHORT	71.32	1.44	HOLD
OMX	Office Supplies	LONG	12.08	0.58	HOLD
PBR	Oil and Gas - Integrated	SHORT	17.20	-1.99	HOLD
SAFM	Food Processing	LONG	56.09	2.67	HOLD
SLV	Misc. Financial Services	SHORT	27.81	-0.43	HOLD
SPTN	Retail (Grocery)	LONG	17.98	-0.22	HOLD
STM	Semiconductors	SHORT	8.14	0.87	HOLD
STRA	Schools	LONG	52.01	0.25	HOLD
TFSL	SandLs/Savings Banks	SHORT	10.78	-0.19	HOLD
TKC	Communications Services	SHORT	16.56	1.91	HOLD
USB	Regional Banks	SHORT	33.93	-0.06	HOLD
USTR	Office Supplies	LONG	38.40	1.35	HOLD
VALE	Metal Mining	SHORT	17.20	1.30	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				0.61
SHORTS				0.51
TOTAL				0.10
S&P 500				0.70
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-24.97	7.47	-38.89	-1.75	-0.34
S&P 500	23.28	4.84	-18.61	2.22	0.58

19-Mar-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB	Investment Services	SHORT	21.61	-0.23	HOLD
AIRM	Misc. Transportation	LONG	49.00	1.34	HOLD
ANDE	Crops	LONG	52.10	1.13	HOLD
BAC	SandLs/Savings Banks	SHORT	12.71	1.19	HOLD
BAS	Oil Well Services and Equipment	LONG	14.24	-3.20	HOLD
BBT	Regional Banks	SHORT	30.79	0.13	HOLD
BCO	Business Services	LONG	27.90	-0.53	HOLD
BLT	Metal Mining	LONG	13.88	-0.29	HOLD
BLX	Regional Banks	SHORT	24.87	-0.24	HOLD
BPOP	Regional Banks	SHORT	28.33	0.80	HOLD
C	Money Center Banks	SHORT	45.79	-0.97	HOLD
CALM	Fish/Livestock	LONG	43.45	1.59	HOLD
CEC	Restaurants	LONG	32.13	-0.46	HOLD
CEF	Misc. Financial Services	SHORT	19.80	-0.20	HOLD
CLR	Oil and Gas Operations	SHORT	88.81	-2.21	HOLD
DUK	Electric Utilities	SHORT	69.91	0.42	HOLD
ESI	Schools	LONG	12.90	-0.31	HOLD
FRED	Retail (Department and Discount)	LONG	14.06	-0.07	HOLD
GBX	Railroads	LONG	21.89	-0.18	HOLD
HBC	Regional Banks	SHORT	54.19	-0.42	HOLD
IMKTA	Retail (Grocery)	LONG	21.61	-0.37	HOLD
ISBC	SandLs/Savings Banks	SHORT	18.12	0.33	HOLD
JBT	Misc. Capital Goods	LONG	20.60	-1.58	HOLD
KMR	Oil Well Services and Equipment	SHORT	81.54	0.59	HOLD
KRNY	SandLs/Savings Banks	SHORT	10.44	1.26	HOLD
LAD	Retail (Specialty)	LONG	45.07	-0.90	HOLD
LINE	Oil and Gas Operations	SHORT	37.28	-0.37	HOLD
MT	Iron and Steel	SHORT	13.84	-3.15	HOLD
MYE	Fabricated Plastic and Rubber	LONG	14.64	-0.61	HOLD
NILE	Retail (Specialty)	LONG	33.79	-2.65	HOLD
NJR	Natural Gas Utilities	LONG	44.37	1.12	HOLD
NR	Oil Well Services and Equipment	LONG	9.08	-2.37	HOLD
NVS	Major Drugs	SHORT	70.30	1.44	HOLD
OMX	Office Supplies	LONG	12.01	0.50	HOLD
PBR	Oil and Gas - Integrated	SHORT	17.55	-1.35	HOLD
SAFM	Food Processing	LONG	54.63	1.60	HOLD
SLV	Misc. Financial Services	SHORT	27.93	-0.07	HOLD
SPTN	Retail (Grocery)	LONG	18.02	0.39	HOLD
STM	Semiconductors	SHORT	8.07	2.02	HOLD
STRA	Schools	LONG	51.88	-0.27	HOLD
TFSL	SandLs/Savings Banks	SHORT	10.80	-0.09	HOLD
TKC	Communications Services	SHORT	16.25	-1.52	HOLD
USB	Regional Banks	SHORT	33.95	-0.53	HOLD
USTR	Office Supplies	LONG	37.89	1.15	HOLD
VALE	Metal Mining	SHORT	16.98	-2.64	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.23
SHORTS				-0.25
TOTAL				0.03
S&P 500				-0.21
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-25.06	7.46	-38.91	-1.76	-0.34
S&P 500	21.91	4.86	-18.61	2.09	0.55

18-Mar-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB	Investment Services	SHORT	21.66	-1.72	HOLD
AIRM	Misc. Transportation	LONG	48.35	-1.23	HOLD
ANDE	Crops	LONG	51.52	1.14	HOLD
BAC	SandLs/Savings Banks	SHORT	12.56	-0.08	HOLD
BAS	Oil Well Services and Equipment	LONG	14.71	-4.17	HOLD
BBT	Regional Banks	SHORT	30.75	-0.74	HOLD
BCO	Business Services	LONG	28.05	-0.25	HOLD
BLT	Metal Mining	LONG	13.92	-1.21	HOLD
BLX	Regional Banks	SHORT	24.93	-1.35	HOLD
BPOP	Regional Banks	SHORT	28.11	0.29	HOLD
C	Money Center Banks	SHORT	46.24	-2.16	HOLD
CALM	Fish/Livestock	LONG	42.77	1.21	HOLD
CEC	Restaurants	LONG	32.52	1.03	HOLD
CEF	Misc. Financial Services	SHORT	19.84	1.74	HOLD
CLR	Oil and Gas Operations	SHORT	90.82	-2.03	HOLD
DUK	Electric Utilities	SHORT	69.62	-0.47	HOLD
ESI	Schools	LONG	12.94	0.78	HOLD
FRED	Retail (Department and Discount)	LONG	14.07	0.21	HOLD
GBX	Railroads	LONG	21.93	2.14	HOLD
HBC	Regional Banks	SHORT	54.42	-0.22	HOLD
IMKTA	Retail (Grocery)	LONG	21.69	2.55	HOLD
ISBC	SandLs/Savings Banks	SHORT	18.06	-0.50	HOLD
JBT	Misc. Capital Goods	LONG	20.93	-1.32	HOLD
KMR	Oil Well Services and Equipment	SHORT	81.06	-0.82	HOLD
KRNY	SandLs/Savings Banks	SHORT	10.31	-0.10	HOLD
LAD	Retail (Specialty)	LONG	45.48	-1.19	HOLD
LINE	Oil and Gas Operations	SHORT	37.42	-1.14	HOLD
MT	Iron and Steel	SHORT	14.29	-3.51	HOLD
MYE	Fabricated Plastic and Rubber	LONG	14.73	-2.13	HOLD
NILE	Retail (Specialty)	LONG	34.71	-0.29	HOLD
NJR	Natural Gas Utilities	LONG	43.88	-1.70	HOLD
NR	Oil Well Services and Equipment	LONG	9.30	-1.90	HOLD
NVS	Major Drugs	SHORT	69.30	-0.84	HOLD
OMX	Office Supplies	LONG	11.95	1.53	HOLD
PBR	Oil and Gas - Integrated	SHORT	17.79	-0.11	HOLD
SAFM	Food Processing	LONG	53.77	-0.87	HOLD
SLV	Misc. Financial Services	SHORT	27.94	0.51	HOLD
SPTN	Retail (Grocery)	LONG	17.95	-0.22	HOLD
STM	Semiconductors	SHORT	7.91	3.53	HOLD
STRA	Schools	LONG	52.02	0.15	HOLD
TFSL	SandLs/Savings Banks	SHORT	10.81	0.19	HOLD
TKC	Communications Services	SHORT	16.50	-1.08	HOLD
USB	Regional Banks	SHORT	34.13	-0.26	HOLD
USTR	Office Supplies	LONG	37.46	-0.58	HOLD
VALE	Metal Mining	SHORT	17.44	-0.63	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.29
SHORTS				-0.50
TOTAL				0.21
S&P 500				-0.56
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-25.13	7.45	-38.92	-1.78	-0.34
S&P 500	22.70	4.84	-18.61	2.18	0.57

18-Mar-2013 Daily positions

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