28-Jun-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ABM		LONG	24.51	-0.53	HOLD
AHS		LONG	14.32	0.00	HOLD
BAC	SandLs/Savings Banks	SHORT	12.86	-1.15	HOLD
BHP		SHORT	57.66	-1.33	HOLD
BLT		LONG	11.82	-1.25	HOLD
BLX		SHORT	22.39	-0.49	HOLD
BPOP	Regional Banks	SHORT	30.37	0.26	HOLD
C		SHORT	47.97	-0.64	HOLD
CEF		SHORT	13.60	4.53	HOLD
CIT		SHORT	46.63	-0.77	HOLD
DENN	Restaurants	LONG	5.62	0.72	HOLD
DEST		LONG	24.60	-0.08	HOLD
ESI		LONG	24.40	-0.53	HOLD
FRED		LONG	15.49	-3.13	HOLD
GLP		LONG	39.90	1.55	HOLD
GPI	Retail (Specialty)	LONG	64.33	0.52	HOLD
HBC		SHORT	51.90	-0.54	HOLD
ICFI		LONG	31.51	1.61	HOLD
INWK		LONG	10.85	-0.82	HOLD
ISBC		SHORT	21.08	-1.03	HOLD
KMR		SHORT	83.59	0.37	HOLD
KNL	Furniture and Fixtures	LONG	14.21	-1.25	HOLD
KOP		LONG	38.20	-0.75	HOLD
KRNY		SHORT	10.49	0.87	HOLD
LINE		SHORT	33.18	0.15	HOLD
MT		SHORT	11.20	-1.32	HOLD
NSH		SHORT	26.67	-0.89	HOLD
NSIT		LONG	17.74	1.03	HOLD
NVS		SHORT	70.71	0.41	HOLD
O		SHORT	41.92	-0.85	HOLD
ONB		SHORT	13.83	-0.43	HOLD
OZM		SHORT	10.44	-0.57	HOLD
PBR	Oil and Gas - Integrated	SHORT	13.41	-2.40	HOLD
PBY		LONG	11.58	-0.52	HOLD
RJET		LONG	11.33	-0.70	HOLD
SAFM		LONG	66.42	0.21	HOLD
SLV	Misc. Financial Services	SHORT	18.97	6.04	HOLD
SPTN		LONG	18.44	-1.97	HOLD
STRA		LONG	49.02	2.30	HOLD
TECD		LONG	47.09	-0.78	HOLD
TFSL		SHORT	11.20	0.54	HOLD
TKC	Communications Services	SHORT	14.37	-0.48	HOLD
USB	Regional Banks	SHORT	36.15	0.03	HOLD
USNA		LONG	72.38	0.22	HOLD
VALE		SHORT	13.15	0.15	HOLD
VLY		SHORT	9.47	1.18	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.20
SHORTS				0.06
TOTAL				-0.26
S&P 500				-0.58
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-16.35	9.58	-39.65	-0.77	-0.19
S&P 500	26.23	5.46	-18.61	1.93	0.57

27-Jun-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ABM		LONG	24.64	1.69	HOLD
AHS		LONG	14.32	1.70	HOLD
BAC	SandLs/Savings Banks	SHORT	13.01	1.96	HOLD
BHP		SHORT	58.44	0.83	HOLD
BLT		LONG	11.97	0.67	HOLD
BLX		SHORT	22.50	0.90	HOLD
BPOP	Regional Banks	SHORT	30.29	2.19	HOLD
C		SHORT	48.28	1.41	HOLD
CEF		SHORT	13.01	-1.14	HOLD
CIT		SHORT	46.99	2.44	HOLD
DENN	Restaurants	LONG	5.58	2.01	HOLD
DEST		LONG	24.62	3.01	HOLD
ESI		LONG	24.53	2.29	HOLD
FRED		LONG	15.99	2.43	HOLD
GLP		LONG	39.29	5.45	HOLD
GPI	Retail (Specialty)	LONG	64.00	3.14	HOLD
HBC		SHORT	52.18	0.00	HOLD
ICFI		LONG	31.01	0.94	HOLD
INWK		LONG	10.94	-0.64	HOLD
ISBC		SHORT	21.30	1.82	HOLD
KMR		SHORT	83.28	0.75	HOLD
KNL	Furniture and Fixtures	LONG	14.39	2.06	HOLD
KOP		LONG	38.49	0.97	HOLD
KRNY		SHORT	10.40	2.06	HOLD
LINE		SHORT	33.13	-3.97	HOLD
MT		SHORT	11.35	0.44	HOLD
NSH		SHORT	26.91	-0.96	HOLD
NSIT		LONG	17.56	3.11	HOLD
NVS		SHORT	70.42	1.16	HOLD
O		SHORT	42.28	1.52	HOLD
ONB		SHORT	13.89	1.98	HOLD
OZM		SHORT	10.50	1.65	HOLD
PBR	Oil and Gas - Integrated	SHORT	13.74	0.51	HOLD
PBY		LONG	11.64	2.65	HOLD
RJET		LONG	11.41	3.73	HOLD
SAFM		LONG	66.28	1.10	HOLD
SLV	Misc. Financial Services	SHORT	17.87	-0.10	HOLD
SPTN		LONG	18.81	2.28	HOLD
STRA		LONG	47.92	0.36	HOLD
TECD		LONG	47.46	2.09	HOLD
TFSL		SHORT	11.14	-0.27	HOLD
TKC	Communications Services	SHORT	14.44	1.55	HOLD
USB	Regional Banks	SHORT	36.14	0.58	HOLD
USNA		LONG	72.22	0.98	HOLD
VALE		SHORT	13.13	-0.08	HOLD
VLY		SHORT	9.36	1.08	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				2.00
SHORTS				0.73
TOTAL				1.27
S&P 500				0.59
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-16.13	9.61	-39.65	-0.76	-0.18
S&P 500	26.97	5.38	-18.61	2.01	0.58

26-Jun-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ABM		LONG	24.23	0.54	HOLD
AHS		LONG	14.08	-1.05	HOLD
BAC	SandLs/Savings Banks	SHORT	12.76	0.71	HOLD
BHP		SHORT	57.96	-0.24	HOLD
BLT		LONG	11.89	-0.83	HOLD
BLX		SHORT	22.30	-0.58	HOLD
BPOP	Regional Banks	SHORT	29.64	0.27	HOLD
C		SHORT	47.61	1.30	HOLD
CEF		SHORT	13.16	-4.43	HOLD
CIT		SHORT	45.87	1.28	HOLD
DENN	Restaurants	LONG	5.47	0.92	HOLD
DEST		LONG	23.90	-1.73	HOLD
ESI		LONG	23.98	-0.75	HOLD
FRED		LONG	15.61	2.01	HOLD
GLP		LONG	37.26	-4.02	HOLD
GPI	Retail (Specialty)	LONG	62.05	1.34	HOLD
HBC		SHORT	52.18	0.27	HOLD
ICFI		LONG	30.72	-0.13	HOLD
INWK		LONG	11.01	-1.17	HOLD
ISBC		SHORT	20.92	1.55	HOLD
KMR		SHORT	82.66	2.61	HOLD
KNL	Furniture and Fixtures	LONG	14.10	-1.47	HOLD
KOP		LONG	38.12	-0.21	HOLD
KRNY		SHORT	10.19	1.19	HOLD
LINE		SHORT	34.50	0.85	HOLD
MT		SHORT	11.30	-0.96	HOLD
NSH		SHORT	27.17	4.34	HOLD
NSIT		LONG	17.03	-0.47	HOLD
NVS		SHORT	69.61	1.02	HOLD
O		SHORT	41.83	1.33	HOLD
ONB		SHORT	13.62	-0.58	HOLD
OZM		SHORT	10.33	-0.58	HOLD
PBR	Oil and Gas - Integrated	SHORT	13.67	1.79	HOLD
PBY		LONG	11.34	1.80	HOLD
RJET		LONG	11.00	-2.65	HOLD
SAFM		LONG	65.56	0.17	HOLD
SLV	Misc. Financial Services	SHORT	17.89	-5.39	HOLD
SPTN		LONG	18.39	1.10	HOLD
STRA		LONG	47.75	-3.32	HOLD
TECD		LONG	46.49	-0.04	HOLD
TFSL		SHORT	11.17	2.20	HOLD
TKC	Communications Services	SHORT	14.22	2.60	HOLD
USB	Regional Banks	SHORT	35.93	0.62	HOLD
USNA		LONG	71.52	0.51	HOLD
VALE		SHORT	13.14	-1.50	HOLD
VLY		SHORT	9.26	-2.01	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.45
SHORTS				0.31
TOTAL				-0.76
S&P 500				0.96
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	5717408986324.69	2259572092040.14	-17.59	0.00	246296.19
S&P 500	26.20	5.45	-18.61	1.93	0.57

25-Jun-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ABM		LONG	24.10	1.05	HOLD
AHS		LONG	14.23	1.21	HOLD
BAC	SandLs/Savings Banks	SHORT	12.67	3.01	HOLD
BHP		SHORT	58.10	1.25	HOLD
BLT		LONG	11.99	-2.12	HOLD
BLX		SHORT	22.43	2.33	HOLD
BPOP	Regional Banks	SHORT	29.56	2.04	HOLD
C		SHORT	47.00	3.43	HOLD
CEF		SHORT	13.77	-0.86	HOLD
CIT		SHORT	45.29	2.21	HOLD
DENN	Restaurants	LONG	5.42	1.31	HOLD
DEST		LONG	24.32	-2.33	HOLD
ESI		LONG	24.16	5.69	HOLD
FRED		LONG	15.30	0.41	HOLD
GLP		LONG	38.82	3.38	HOLD
GPI	Retail (Specialty)	LONG	61.23	0.54	HOLD
HBC		SHORT	52.04	2.68	HOLD
ICFI		LONG	30.76	-0.26	HOLD
INWK		LONG	11.14	-1.15	HOLD
ISBC		SHORT	20.60	1.58	HOLD
KMR		SHORT	80.56	3.41	HOLD
KNL	Furniture and Fixtures	LONG	14.31	0.92	HOLD
KOP		LONG	38.20	1.41	HOLD
KRNY		SHORT	10.07	0.40	HOLD
LINE		SHORT	34.21	2.09	HOLD
MT		SHORT	11.41	2.15	HOLD
NSH		SHORT	26.04	6.98	HOLD
NSIT		LONG	17.11	0.12	HOLD
NVS		SHORT	68.91	0.72	HOLD
O		SHORT	41.28	1.20	HOLD
ONB		SHORT	13.70	2.32	HOLD
OZM		SHORT	10.39	3.90	HOLD
PBR	Oil and Gas - Integrated	SHORT	13.43	0.83	HOLD
PBY		LONG	11.14	-0.09	HOLD
RJET		LONG	11.30	1.35	HOLD
SAFM		LONG	65.45	0.96	HOLD
SLV	Misc. Financial Services	SHORT	18.92	-0.26	HOLD
SPTN		LONG	18.19	-0.55	HOLD
STRA		LONG	49.39	1.31	HOLD
TECD		LONG	46.51	0.91	HOLD
TFSL		SHORT	10.93	2.25	HOLD
TKC	Communications Services	SHORT	13.86	1.17	HOLD
USB	Regional Banks	SHORT	35.94	1.55	HOLD
USNA		LONG	71.16	-0.08	HOLD
VALE		SHORT	13.34	3.09	HOLD
VLY		SHORT	9.45	2.94	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				0.66
SHORTS				2.10
TOTAL				-1.43
S&P 500				0.96
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	5759581437011.61	2257732868502.31	-17.59	0.00	251677.37
S&P 500	25.00	5.58	-18.61	1.81	0.54

24-Jun-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ABM		LONG	23.85	-1.04	HOLD
AHS		LONG	14.06	-2.36	HOLD
BAC	SandLs/Savings Banks	SHORT	12.30	-3.07	HOLD
BHP		SHORT	57.38	-2.61	HOLD
BLT		LONG	12.25	-2.23	HOLD
BLX		SHORT	21.92	-1.66	HOLD
BPOP	Regional Banks	SHORT	28.97	-0.31	HOLD
C		SHORT	45.44	-3.05	HOLD
CEF		SHORT	13.89	-1.84	HOLD
CIT		SHORT	44.31	-4.01	HOLD
DENN	Restaurants	LONG	5.35	-0.74	HOLD
DEST		LONG	24.90	-1.19	HOLD
ESI		LONG	22.86	-2.89	HOLD
FRED		LONG	15.24	-0.26	HOLD
GLP		LONG	37.55	-0.92	HOLD
GPI	Retail (Specialty)	LONG	60.90	-1.44	HOLD
HBC		SHORT	50.68	-1.36	HOLD
ICFI		LONG	30.84	-0.80	HOLD
INWK		LONG	11.27	-2.25	HOLD
ISBC		SHORT	20.28	-0.98	HOLD
KMR		SHORT	77.90	-0.71	HOLD
KNL	Furniture and Fixtures	LONG	14.18	0.21	HOLD
KOP		LONG	37.67	-4.03	HOLD
KRNY		SHORT	10.03	-1.08	HOLD
LINE		SHORT	33.51	-0.53	HOLD
MT		SHORT	11.17	-3.12	HOLD
NSH		SHORT	24.34	-0.33	HOLD
NSIT		LONG	17.09	-2.68	HOLD
NVS		SHORT	68.42	-1.70	HOLD
O		SHORT	40.79	-0.10	HOLD
ONB		SHORT	13.39	-0.52	HOLD
OZM		SHORT	10.00	-1.67	HOLD
PBR	Oil and Gas - Integrated	SHORT	13.32	-3.48	HOLD
PBY		LONG	11.15	-1.33	HOLD
RJET		LONG	11.15	-2.28	HOLD
SAFM		LONG	64.83	0.29	HOLD
SLV	Misc. Financial Services	SHORT	18.96	-2.21	HOLD
SPTN		LONG	18.29	-1.67	HOLD
STRA		LONG	48.75	-1.26	HOLD
TECD		LONG	46.09	-1.87	HOLD
TFSL		SHORT	10.69	-1.29	HOLD
TKC	Communications Services	SHORT	13.70	-3.32	HOLD
USB	Regional Banks	SHORT	35.39	-0.51	HOLD
USNA		LONG	71.22	-0.92	HOLD
VALE		SHORT	12.94	-5.20	HOLD
VLY		SHORT	9.18	1.44	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-1.51
SHORTS				-1.73
TOTAL				0.22
S&P 500				-1.26
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-15.36	9.75	-39.64	-0.71	-0.18
S&P 500	23.81	5.73	-18.61	1.69	0.52

24-Jun-2013 Daily positions

Pre Opening Longs: ABM, AHS, BLT, DENN, DEST, ESI, FRED, GLP, GPI, ICFI,
INWK, KNL, KOP, NSIT, PBY, RJET, SAFM, SPTN, STRA, TECD, USNA
Pre Opening Shorts: BAC, BHP, BLX, BPOP, C, CEF, CIT, HBC, ISBC, KMR, KRNY,
LINE, MT, NSH, NVS, O, ONB, OZM, PBR, SLV, TFSL, TKC, USB, VALE, VLY