08-Nov-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB		SHORT	21.79	-0.23	HOLD
ALJ		LONG	10.24	-6.99	HOLD
ATVI		SHORT	17.07	1.39	HOLD
AVA		LONG	27.84	-0.22	HOLD
AVD		LONG	27.03	3.25	HOLD
BAC	SandLs/Savings Banks	SHORT	14.32	3.77	HOLD
BHP		SHORT	71.86	0.63	HOLD
BLT		LONG	13.18	3.21	HOLD
BPOP	Regional Banks	SHORT	27.78	2.58	HOLD
MTRN		LONG	30.10	2.42	HOLD
BYI		LONG	71.14	1.98	BUY
C		SHORT	49.94	3.29	HOLD
CEC		LONG	44.93	2.07	BUY
CEF		SHORT	14.52	-1.29	HOLD
CUK		SHORT	37.46	2.57	HOLD
ESI		LONG	40.44	5.23	HOLD
GG		SHORT	24.57	0.66	HOLD
GPI	Retail (Specialty)	LONG	63.62	0.98	HOLD
HAYN		LONG	53.09	-0.64	SELL
HBC		SHORT	55.94	1.21	HOLD
ISBC		SHORT	24.00	2.92	HOLD
KMR		SHORT	74.52	0.24	HOLD
KOP		LONG	49.87	5.01	HOLD
KRNY		SHORT	10.50	0.67	HOLD
MT		SHORT	17.24	3.92	HOLD
MYE		LONG	18.49	0.76	HOLD
NJR		LONG	45.42	0.91	HOLD
NP		LONG	40.78	-0.05	HOLD
NR		LONG	12.66	1.77	HOLD
NSIT		LONG	21.75	1.45	HOLD
NVS		SHORT	77.25	0.47	HOLD
O		SHORT	40.06	-3.17	HOLD
OMX	Office Supplies	LONG	15.26	0.00	HOLD
SCCO		SHORT	28.09	0.90	HOLD
ROMA		SHORT	19.60	2.67	HOLD
SCHN		LONG	31.42	4.01	SELL
SCSS	Furniture and Fixtures	LONG	19.02	3.20	HOLD
SHLM	Chemicals - Plastics and Rubber	LONG	33.65	1.94	HOLD
SLV	Misc. Financial Services	SHORT	20.70	-0.62	HOLD
STC		LONG	29.70	1.30	BUY
SWHC	Recreational Products	LONG	11.17	0.08	HOLD
TFSL		SHORT	12.21	2.18	HOLD
TG	Fabricated Plastic and Rubber	LONG	25.05	0.44	HOLD
TKC	Communications Services	SHORT	14.86	-2.11	HOLD
TMP		SHORT	49.24	3.12	SHORT
TS		SHORT	46.01	0.85	HOLD
V		SHORT	198.29	1.12	HOLD
VALE		SHORT	15.98	-1.24	HOLD
VCI		LONG	27.92	4.73	HOLD
VIP		SHORT	13.49	0.67	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				1.50
SHORTS				0.96
TOTAL				0.54
S&P 500				1.35
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-3.88	11.85	-39.50	-0.12	-0.04
S&P 500	41.81	5.29	-18.61	2.61	0.74

07-Nov-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB		SHORT	21.84	-1.58	HOLD
ALJ		LONG	11.01	-2.13	HOLD
ATVI		SHORT	16.83	1.85	HOLD
AVA		LONG	27.90	-0.96	HOLD
AVD		LONG	26.18	-3.11	HOLD
BAC	SandLs/Savings Banks	SHORT	13.80	-1.15	HOLD
BHP		SHORT	71.41	-1.92	HOLD
BLT		LONG	12.77	0.39	HOLD
BPOP	Regional Banks	SHORT	27.08	0.78	HOLD
MTRN		LONG	29.39	-1.87	HOLD
C		SHORT	48.35	-0.56	HOLD
CEF		SHORT	14.71	-1.01	HOLD
CUK		SHORT	36.52	-1.75	HOLD
ESI		LONG	38.43	-1.49	HOLD
GG		SHORT	24.41	-3.02	HOLD
GPI	Retail (Specialty)	LONG	63.00	-1.24	HOLD
HAYN		LONG	53.43	-1.80	HOLD
HBC		SHORT	55.26	-1.44	HOLD
ISBC		SHORT	23.32	-0.81	HOLD
KMR		SHORT	74.34	-0.84	HOLD
KOP		LONG	47.49	8.57	HOLD
KRNY		SHORT	10.43	-0.19	HOLD
MT		SHORT	16.59	2.53	HOLD
MYE		LONG	18.35	-0.33	HOLD
NJR		LONG	45.01	-2.47	HOLD
NP		LONG	40.80	-1.64	HOLD
NR		LONG	12.44	-2.20	HOLD
NSIT		LONG	21.44	-0.97	HOLD
NVS		SHORT	76.89	-1.31	HOLD
O		SHORT	41.37	-1.24	HOLD
OMX	Office Supplies	LONG	15.26	0.00	HOLD
SCCO		SHORT	27.84	-2.62	HOLD
ROMA		SHORT	19.09	-0.47	HOLD
SCHN		LONG	30.21	-0.69	HOLD
SCSS	Furniture and Fixtures	LONG	18.43	-0.11	HOLD
SHLM	Chemicals - Plastics and Rubber	LONG	33.01	0.06	HOLD
SLV	Misc. Financial Services	SHORT	20.82	-0.86	HOLD
SWHC	Recreational Products	LONG	11.16	-1.92	HOLD
TFSL		SHORT	11.95	-1.16	HOLD
TG	Fabricated Plastic and Rubber	LONG	24.94	-4.52	HOLD
TKC	Communications Services	SHORT	15.18	-1.75	HOLD
TS		SHORT	45.62	-4.54	HOLD
V		SHORT	196.10	-1.47	HOLD
VALE		SHORT	16.18	-5.19	HOLD
VCI		LONG	26.66	-2.91	HOLD
VIP		SHORT	13.40	-0.74	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-1.02
SHORTS				-1.22
TOTAL				0.20
S&P 500				-1.26
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	0.06	12.67	-39.50	0.00	0.00
S&P 500	39.92	5.43	-18.61	2.45	0.71

07-Nov-2013 Daily positions

Pre Opening Longs: ALJ, AVA, AVD, BLT, ESI, GPI, HAYN, KOP, MTRN, MYE, NJR,
NP, NR, NSIT, OMX, SCHN, SCSS, SHLM, SWHC, TG, VCI
Pre Opening Shorts: AB, ATVI, BAC, BHP, BPOP, C, CEF, CUK, GG, HBC, ISBC,
KMR, KRNY, MT, NVS, O, ROMA, SCCO, SLV, TFSL, TKC, TS, V, VALE, VIP

06-Nov-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB		SHORT	22.19	0.50	HOLD
ALJ		LONG	11.25	-2.85	HOLD
ATVI		SHORT	16.53	0.00	HOLD
AVA		LONG	28.17	1.15	HOLD
AVD		LONG	27.02	-0.66	HOLD
BAC	SandLs/Savings Banks	SHORT	13.96	0.22	HOLD
BHP		SHORT	72.81	0.87	HOLD
BLT		LONG	12.72	1.60	HOLD
BPOP	Regional Banks	SHORT	26.87	1.70	HOLD
MTRN		LONG	29.95	0.37	HOLD
C		SHORT	48.62	0.50	HOLD
CEF		SHORT	14.86	0.75	HOLD
CUK		SHORT	37.17	2.03	HOLD
ESI		LONG	39.01	0.64	HOLD
FOE		LONG	13.19	0.30	SELL
GG		SHORT	25.17	1.57	HOLD
GPI	Retail (Specialty)	LONG	63.79	-0.16	HOLD
HAYN		LONG	54.41	0.39	HOLD
HBC		SHORT	56.07	-0.09	HOLD
ISBC		SHORT	23.51	-0.34	HOLD
KMR		SHORT	74.97	0.03	HOLD
KOP		LONG	43.74	-0.86	HOLD
KRNY		SHORT	10.45	-0.48	HOLD
MT		SHORT	16.18	-0.12	HOLD
MYE		LONG	18.41	2.96	HOLD
NJR		LONG	46.15	0.90	HOLD
NP		LONG	41.48	-0.98	HOLD
NR		LONG	12.72	-0.93	HOLD
NSIT		LONG	21.65	2.32	BUY
NVS		SHORT	77.91	1.18	HOLD
O		SHORT	41.89	1.06	HOLD
OMX	Office Supplies	LONG	15.26	0.00	HOLD
SCCO		SHORT	28.59	1.85	HOLD
ROMA		SHORT	19.18	1.00	HOLD
SCHN		LONG	30.42	0.13	HOLD
SCSS	Furniture and Fixtures	LONG	18.45	-1.60	HOLD
SHLM	Chemicals - Plastics and Rubber	LONG	32.99	0.46	HOLD
SLV	Misc. Financial Services	SHORT	21.00	0.48	HOLD
SWHC	Recreational Products	LONG	11.38	0.26	HOLD
TFSL		SHORT	12.09	0.92	HOLD
TG	Fabricated Plastic and Rubber	LONG	26.12	-0.57	HOLD
TKC	Communications Services	SHORT	15.45	1.11	HOLD
TS		SHORT	47.79	1.38	HOLD
V		SHORT	199.02	0.84	HOLD
VALE		SHORT	17.07	1.22	HOLD
VCI		LONG	27.46	-0.69	HOLD
VIP		SHORT	13.50	-5.79	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.01
SHORTS				0.50
TOTAL				-0.50
S&P 500				0.51
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-0.14	12.64	-39.50	-0.00	-0.00
S&P 500	41.71	5.28	-18.61	2.62	0.74

06-Nov-2013 Daily positions

Pre Opening Longs: ALJ, AVA, AVD, BLT, ESI, FOE, GPI, HAYN, KOP, MTRN, MYE,
NJR, NP, NR, OMX, SCHN, SCSS, SHLM, SWHC, TG, VCI
Pre Opening Shorts: AB, ATVI, BAC, BHP, BPOP, C, CEF, CUK, GG, HBC, ISBC,
KMR, KRNY, MT, NVS, O, ROMA, SCCO, SLV, TFSL, TKC, TS, V, VALE, VIP

05-Nov-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB		SHORT	22.08	-2.00	HOLD
ALJ		LONG	11.58	-1.70	HOLD
ATVI		SHORT	16.53	-1.84	HOLD
AVA		LONG	27.85	-1.14	HOLD
AVD		LONG	27.20	-3.03	HOLD
BAC	SandLs/Savings Banks	SHORT	13.93	-0.78	HOLD
BHP		SHORT	72.19	0.66	HOLD
BLT		LONG	12.52	0.48	HOLD
BPOP	Regional Banks	SHORT	26.42	0.27	HOLD
MTRN		LONG	29.84	-0.76	HOLD
C		SHORT	48.38	-0.51	HOLD
CEF		SHORT	14.75	0.07	HOLD
CUK		SHORT	36.43	0.83	HOLD
ESI		LONG	38.76	-0.89	HOLD
FOE		LONG	13.15	0.00	HOLD
GG		SHORT	24.78	-1.08	HOLD
GPI	Retail (Specialty)	LONG	63.89	-1.72	HOLD
HAYN		LONG	54.20	-0.79	HOLD
HBC		SHORT	56.12	-0.69	HOLD
ISBC		SHORT	23.59	-0.42	HOLD
KMR		SHORT	74.95	-0.28	HOLD
KOP		LONG	44.12	-2.09	HOLD
KRNY		SHORT	10.50	0.29	HOLD
MT		SHORT	16.20	-0.49	HOLD
MYE		LONG	17.88	2.41	HOLD
NJR		LONG	45.74	-1.76	HOLD
NP		LONG	41.89	0.34	HOLD
NR		LONG	12.84	-0.81	HOLD
NVS		SHORT	77.00	-1.79	HOLD
O		SHORT	41.45	-0.96	HOLD
OMX	Office Supplies	LONG	15.26	-0.26	HOLD
SCCO		SHORT	28.07	-0.74	HOLD
ROMA		SHORT	18.99	-0.52	HOLD
SCHN		LONG	30.38	1.10	HOLD
SCSS	Furniture and Fixtures	LONG	18.75	-0.16	HOLD
SHLM	Chemicals - Plastics and Rubber	LONG	32.84	-1.44	HOLD
SLV	Misc. Financial Services	SHORT	20.91	0.29	HOLD
SWHC	Recreational Products	LONG	11.35	1.07	HOLD
TFSL		SHORT	11.98	-1.92	HOLD
TG	Fabricated Plastic and Rubber	LONG	26.27	-7.30	HOLD
TKC	Communications Services	SHORT	15.28	-0.07	HOLD
TS		SHORT	47.14	-0.34	HOLD
V		SHORT	197.37	0.48	HOLD
VALE		SHORT	16.86	-1.29	HOLD
VCI		LONG	27.65	-0.82	HOLD
VIP		SHORT	14.33	-1.44	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.92
SHORTS				-0.57
TOTAL				-0.35
S&P 500				-0.32
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	0.34	12.70	-39.50	0.01	0.00
S&P 500	40.99	5.32	-18.61	2.56	0.73

05-Nov-2013 Daily positions

Pre Opening Longs: ALJ, AVA, AVD, BLT, ESI, FOE, GPI, HAYN, KOP, MTRN, MYE,
NJR, NP, NR, OMX, SCHN, SCSS, SHLM, SWHC, TG, VCI
Pre Opening Shorts: AB, ATVI, BAC, BHP, BPOP, C, CEF, CUK, GG, HBC, ISBC,
KMR, KRNY, MT, NVS, O, ROMA, SCCO, SLV, TFSL, TKC, TS, V, VALE, VIP

04-Nov-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB		SHORT	22.53	0.27	HOLD
ALJ		LONG	11.78	1.82	HOLD
ATVI		SHORT	16.84	0.83	HOLD
AVA		LONG	28.17	1.00	HOLD
AVD		LONG	28.05	-0.92	HOLD
BAC	SandLs/Savings Banks	SHORT	14.04	0.14	HOLD
BHP		SHORT	71.72	1.07	HOLD
BLT		LONG	12.46	5.95	HOLD
BPOP	Regional Banks	SHORT	26.35	0.73	HOLD
MTRN		LONG	30.07	0.60	HOLD
C		SHORT	48.63	-0.23	HOLD
CEF		SHORT	14.74	0.20	HOLD
CUK		SHORT	36.13	0.78	HOLD
ESI		LONG	39.11	1.45	HOLD
FOE		LONG	13.15	2.65	HOLD
GG		SHORT	25.05	3.00	HOLD
GPI	Retail (Specialty)	LONG	65.01	0.63	HOLD
HAYN		LONG	54.63	1.35	HOLD
HBC		SHORT	56.50	2.34	HOLD
ISBC		SHORT	23.69	0.04	HOLD
KMR		SHORT	75.16	0.17	HOLD
KOP		LONG	45.03	2.98	HOLD
KRNY		SHORT	10.47	-0.10	HOLD
MT		SHORT	16.28	2.91	HOLD
MYE		LONG	17.46	-0.63	HOLD
NJR		LONG	46.54	1.20	HOLD
NP		LONG	41.75	0.65	HOLD
NR		LONG	12.94	2.05	HOLD
NVS		SHORT	78.40	1.49	HOLD
O		SHORT	41.85	-0.24	HOLD
OMX	Office Supplies	LONG	15.30	-1.29	HOLD
SCCO		SHORT	28.40	0.14	HOLD
ROMA		SHORT	19.09	0.21	HOLD
SCHN		LONG	30.05	1.04	HOLD
SCSS	Furniture and Fixtures	LONG	18.78	1.79	HOLD
SHLM	Chemicals - Plastics and Rubber	LONG	33.32	1.49	HOLD
SLV	Misc. Financial Services	SHORT	20.86	-1.04	HOLD
SWHC	Recreational Products	LONG	11.23	2.28	HOLD
TFSL		SHORT	12.22	-0.85	HOLD
TG	Fabricated Plastic and Rubber	LONG	28.34	-1.12	HOLD
TKC	Communications Services	SHORT	15.29	0.92	HOLD
TS		SHORT	47.30	1.07	HOLD
V		SHORT	196.42	-1.38	HOLD
VALE		SHORT	17.08	4.27	HOLD
VCI		LONG	27.88	0.43	HOLD
VIP		SHORT	14.54	1.61	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				1.21
SHORTS				0.73
TOTAL				0.48
S&P 500				0.38
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	0.68	12.74	-39.51	0.02	0.01
S&P 500	41.48	5.27	-18.61	2.62	0.74

04-Nov-2013 Daily positions

Pre Opening Longs: ALJ, AVA, AVD, BLT, ESI, FOE, GPI, HAYN, KOP, MTRN, MYE,
NJR, NP, NR, OMX, SCHN, SCSS, SHLM, SWHC, TG, VCI
Pre Opening Shorts: AB, ATVI, BAC, BHP, BPOP, C, CEF, CUK, GG, HBC, ISBC,
KMR, KRNY, MT, NVS, O, ROMA, SCCO, SLV, TFSL, TKC, TS, V, VALE, VIP