31-May-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ABM		LONG	24.18	0.54	HOLD
AHS		LONG	13.39	-1.40	HOLD
ATVI		SHORT	14.43	-3.74	HOLD
BAC	SandLs/Savings Banks	SHORT	13.66	-1.23	HOLD
BBT	Regional Banks	SHORT	32.92	-1.61	HOLD
BHP		SHORT	65.32	-2.97	HOLD
C		SHORT	51.99	-2.40	HOLD
CEF		SHORT	15.96	-1.54	HOLD
CLR		SHORT	81.13	-4.40	HOLD
DEST		LONG	24.91	-0.84	HOLD
ESI		LONG	23.97	-1.96	HOLD
FRED		LONG	15.86	-1.06	HOLD
GLP		LONG	32.91	-0.30	HOLD
GPI	Retail (Specialty)	LONG	63.55	0.68	HOLD
HBC		SHORT	54.86	-2.21	HOLD
HOTT		LONG	14.00	-0.07	HOLD
ICFI		LONG	30.15	0.53	HOLD
IMKTA		LONG	22.02	-5.53	HOLD
INWK		LONG	10.84	-1.54	HOLD
ISBC		SHORT	19.78	-2.56	HOLD
KMR		SHORT	81.22	-1.69	HOLD
KNL	Furniture and Fixtures	LONG	15.66	-1.26	HOLD
KOP		LONG	41.17	-0.05	HOLD
KRNY		SHORT	9.90	-3.04	HOLD
LINE		SHORT	32.90	-2.86	HOLD
MT		SHORT	12.66	-3.06	HOLD
MYE		LONG	14.71	-0.47	HOLD
NSH		SHORT	27.52	-0.29	HOLD
NSIT		LONG	19.25	-1.23	HOLD
NVS		SHORT	71.76	-1.87	HOLD
O		SHORT	45.45	-2.57	HOLD
ONB		SHORT	13.36	-1.98	HOLD
OZM		SHORT	11.19	-1.32	HOLD
PBR	Oil and Gas - Integrated	SHORT	17.77	-2.36	HOLD
RJET		LONG	10.73	2.78	HOLD
SAFM		LONG	69.02	0.61	HOLD
SLV	Misc. Financial Services	SHORT	21.43	-2.50	HOLD
SPTN		LONG	17.77	-0.95	HOLD
STM		SHORT	9.30	-2.11	HOLD
TECD		LONG	50.12	-0.10	HOLD
TFSL		SHORT	10.98	-0.63	HOLD
TITN	Construction Services	LONG	20.51	0.15	HOLD
TKC	Communications Services	SHORT	15.37	-3.03	HOLD
USB	Regional Banks	SHORT	35.06	-1.32	HOLD
USNA		LONG	70.09	0.26	HOLD
VALE		SHORT	14.40	-4.64	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.53
SHORTS				-2.32
TOTAL				1.78
S&P 500				-1.44
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-26.87	9.93	-45.28	-1.31	-0.29
S&P 500	29.42	5.15	-18.61	2.36	0.65

30-May-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ABM		LONG	24.05	0.63	HOLD
AHS		LONG	13.58	-1.24	HOLD
ATVI		SHORT	14.99	-1.90	HOLD
BAC	SandLs/Savings Banks	SHORT	13.83	2.60	HOLD
BBT	Regional Banks	SHORT	33.46	0.42	HOLD
BHP		SHORT	67.32	1.75	HOLD
C		SHORT	53.27	1.89	HOLD
CEF		SHORT	16.21	2.53	HOLD
CLR		SHORT	84.86	-0.34	HOLD
DEST		LONG	25.12	-0.51	HOLD
ESI		LONG	24.45	4.67	HOLD
FRED		LONG	16.03	5.46	HOLD
GLP		LONG	33.01	-5.01	HOLD
GPI	Retail (Specialty)	LONG	63.12	-1.42	HOLD
HBC		SHORT	56.10	1.36	HOLD
HOTT		LONG	14.01	0.36	HOLD
ICFI		LONG	29.99	1.21	HOLD
IMKTA		LONG	23.31	0.82	HOLD
INWK		LONG	11.01	-1.34	HOLD
ISBC		SHORT	20.30	0.15	HOLD
KMR		SHORT	82.62	-1.64	HOLD
KNL	Furniture and Fixtures	LONG	15.86	0.70	HOLD
KOP		LONG	41.19	0.41	HOLD
KRNY		SHORT	10.21	0.79	HOLD
LINE		SHORT	33.87	-2.45	HOLD
MT		SHORT	13.06	1.08	HOLD
MYE		LONG	14.78	0.54	HOLD
NSH		SHORT	27.60	-1.43	HOLD
NSIT		LONG	19.49	1.83	HOLD
NVS		SHORT	73.13	0.56	HOLD
O		SHORT	46.65	-1.27	HOLD
ONB		SHORT	13.63	0.89	HOLD
OZM		SHORT	11.34	0.71	HOLD
PBR	Oil and Gas - Integrated	SHORT	18.20	1.56	HOLD
RJET		LONG	10.44	2.55	HOLD
SAFM		LONG	68.60	3.96	HOLD
SLV	Misc. Financial Services	SHORT	21.97	1.20	HOLD
SPTN		LONG	17.94	-0.28	HOLD
STM		SHORT	9.50	2.04	HOLD
TECD		LONG	50.17	0.48	HOLD
TFSL		SHORT	11.05	2.31	HOLD
TITN	Construction Services	LONG	20.48	0.00	HOLD
TKC	Communications Services	SHORT	15.85	-2.46	HOLD
USB	Regional Banks	SHORT	35.53	0.57	HOLD
USNA		LONG	69.91	0.66	HOLD
VALE		SHORT	15.10	1.34	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				0.69
SHORTS				0.49
TOTAL				0.20
S&P 500				0.37
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-28.15	9.67	-45.28	-1.42	-0.30
S&P 500	31.31	5.11	-18.61	2.53	0.69

30-May-2013 Daily positions

Pre Opening Longs: ABM, AHS, DEST, ESI, FRED, GLP, GPI, HOTT, ICFI, IMKTA,
INWK, KNL, KOP, MYE, NSIT, RJET, SAFM, SPTN, TECD, TITN, USNA
Pre Opening Shorts: ATVI, BAC, BBT, BHP, C, CEF, CLR, HBC, ISBC, KMR, KRNY,
LINE, MT, NSH, NVS, O, ONB, OZM, PBR, SLV, STM, TFSL, TKC, USB, VALE

29-May-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ABM	Business Services	LONG	23.90	-0.58	HOLD
AHS		LONG	13.75	-2.76	HOLD
ATVI		SHORT	15.28	-2.98	HOLD
BAC	SandLs/Savings Banks	SHORT	13.48	0.97	HOLD
BBT	Regional Banks	SHORT	33.32	0.54	HOLD
BCO		LONG	26.92	-0.74	SELL
BHP		SHORT	66.16	0.24	HOLD
C		SHORT	52.28	0.95	HOLD
CEF		SHORT	15.81	1.28	HOLD
CLR		SHORT	85.15	0.01	HOLD
DEST		LONG	25.25	-1.37	HOLD
ESI		LONG	23.36	-0.60	HOLD
FRED		LONG	15.26	-1.23	HOLD
GLP		LONG	34.75	-4.51	HOLD
GPI	Retail (Specialty)	LONG	64.19	-0.65	HOLD
HBC		SHORT	55.35	-0.98	HOLD
HOTT		LONG	13.96	-0.29	HOLD
ICFI		LONG	29.63	-0.70	HOLD
IMKTA		LONG	23.12	-0.82	HOLD
INWK		LONG	11.16	-0.45	HOLD
ISBC		SHORT	20.27	-1.22	HOLD
JBT		LONG	21.60	-0.55	SELL
KMR		SHORT	84.00	-2.03	HOLD
KNL	Furniture and Fixtures	LONG	15.75	-1.44	BUY
KOP		LONG	41.02	-2.93	HOLD
KRNY		SHORT	10.13	-1.65	HOLD
LINE		SHORT	34.72	-0.09	HOLD
MT		SHORT	12.92	0.23	HOLD
MYE		LONG	14.70	-2.07	HOLD
NSH		SHORT	28.00	-3.15	HOLD
NSIT		LONG	19.14	-0.10	BUY
NVS		SHORT	72.72	-0.99	HOLD
O		SHORT	47.43	-2.79	HOLD
ONB		SHORT	13.61	-1.45	HOLD
OZM		SHORT	11.26	-2.93	HOLD
PBR	Oil and Gas - Integrated	SHORT	17.92	-1.97	HOLD
RJET		LONG	10.18	-3.32	HOLD
SAFM		LONG	65.99	0.66	HOLD
SLV	Misc. Financial Services	SHORT	21.71	0.84	HOLD
SPTN		LONG	17.99	-2.49	HOLD
STM		SHORT	9.31	-1.17	HOLD
TECD		LONG	49.93	0.75	HOLD
TFSL		SHORT	10.80	-2.88	HOLD
TITN	Construction Services	LONG	20.48	0.39	HOLD
TKC	Communications Services	SHORT	16.25	-0.61	HOLD
USB	Regional Banks	SHORT	35.33	-0.59	HOLD
USNA		LONG	69.45	0.17	HOLD
VALE		SHORT	14.90	-2.04	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-1.15
SHORTS				-0.98
TOTAL				-0.17
S&P 500				-0.62
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-29.28	9.79	-46.03	-1.46	-0.31
S&P 500	30.87	5.10	-18.61	2.50	0.69

29-May-2013 Daily positions

Pre Opening Longs: ABM, AHS, BCO, DEST, ESI, FRED, GLP, GPI, HOTT, ICFI,
IMKTA, INWK, JBT, KOP, MYE, RJET, SAFM, SPTN, TECD, TITN, USNA
Pre Opening Shorts: ATVI, BAC, BBT, BHP, C, CEF, CLR, HBC, ISBC, KMR, KRNY,
LINE, MT, NSH, NVS, O, ONB, OZM, PBR, SLV, STM, TFSL, TKC, USB, VALE

28-May-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ABM	Business Services	LONG	24.04	2.30	HOLD
AHS		LONG	14.14	5.29	HOLD
ATVI		SHORT	15.75	0.90	HOLD
BAC	SandLs/Savings Banks	SHORT	13.35	0.83	HOLD
BBT	Regional Banks	SHORT	33.14	0.98	HOLD
BCO		LONG	27.12	-0.40	HOLD
BHP		SHORT	66.00	-1.09	HOLD
C	Money Center Banks	SHORT	51.79	2.51	HOLD
CEF		SHORT	15.61	-0.76	HOLD
CLR		SHORT	85.14	2.01	HOLD
DEST		LONG	25.60	1.67	HOLD
ESI		LONG	23.50	-5.24	HOLD
FRED		LONG	15.45	1.31	HOLD
GLP		LONG	36.39	0.61	HOLD
GPI	Retail (Specialty)	LONG	64.61	2.43	HOLD
HBC		SHORT	55.90	0.99	HOLD
HOTT		LONG	14.00	0.29	HOLD
ICFI		LONG	29.84	-0.40	HOLD
IMKTA		LONG	23.31	5.62	HOLD
INWK		LONG	11.21	1.63	HOLD
ISBC		SHORT	20.52	1.18	HOLD
JBT		LONG	21.72	1.40	HOLD
KMR		SHORT	85.74	-0.42	HOLD
KOP		LONG	42.26	1.51	HOLD
KRNY		SHORT	10.30	0.49	HOLD
LINE		SHORT	34.75	-0.88	HOLD
MT		SHORT	12.89	0.47	HOLD
MYE		LONG	15.01	0.94	HOLD
NSH		SHORT	28.91	-1.53	HOLD
NVS		SHORT	73.45	-1.22	HOLD
O		SHORT	48.79	-1.77	HOLD
ONB		SHORT	13.81	1.69	HOLD
OZM		SHORT	11.60	0.52	HOLD
PBR	Oil and Gas - Integrated	SHORT	18.28	0.44	HOLD
RJET		LONG	10.53	0.86	HOLD
SAFM		LONG	65.56	-0.24	HOLD
SLV	Misc. Financial Services	SHORT	21.55	-0.28	HOLD
SPTN		LONG	18.45	3.65	HOLD
STM		SHORT	9.42	1.51	HOLD
TECD		LONG	49.56	-0.22	HOLD
TFSL		SHORT	11.12	-0.63	HOLD
TITN	Construction Services	LONG	20.40	0.00	HOLD
TKC	Communications Services	SHORT	16.35	3.02	HOLD
USB	Regional Banks	SHORT	35.54	0.37	HOLD
USNA		LONG	69.33	2.97	HOLD
VALE		SHORT	15.21	-1.93	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				1.24
SHORTS				0.30
TOTAL				0.94
S&P 500				0.60
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-20.61	8.56	-39.50	-1.15	-0.25
S&P 500	31.09	5.03	-18.61	2.56	0.69

28-May-2013 Daily positions

Pre Opening Longs: ABM, AHS, BCO, DEST, ESI, FRED, GLP, GPI, HOTT, ICFI,
IMKTA, INWK, JBT, KOP, MYE, RJET, SAFM, SPTN, TECD, TITN, USNA
Pre Opening Shorts: ATVI, BAC, BBT, BHP, C, CEF, CLR, HBC, ISBC, KMR, KRNY,
LINE, MT, NSH, NVS, O, ONB, OZM, PBR, SLV, STM, TFSL, TKC, USB, VALE