13-Dec-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB	Investment Management	SHORT	21.47	-0.92	HOLD
ACCO	Business Support Supplies - NEC	LONG	6.21	0.81	HOLD
ALJ	Petroleum Refining	LONG	14.60	0.00	HOLD
ALNY	Biotechnology & Medical Research - NEC	SHORT	59.15	-1.07	HOLD
ATVI	Toys & Juvenile Products - NEC	SHORT	16.76	0.63	HOLD
AVA	Multiline Utilities - NEC	LONG	27.32	0.39	HOLD
AVD	Agricultural Chemicals - NEC	LONG	25.92	-1.29	HOLD
BAC	Banks - NEC	SHORT	15.20	-0.33	HOLD
BHP	Integrated Mining	SHORT	63.74	-0.33	HOLD
BLT	Integrated Mining	LONG	13.74	-0.58	HOLD
BYI	Games, Toys & Children Vehicles	LONG	74.89	0.23	HOLD
CEC	Food Retail & Distribution - NEC	LONG	43.57	1.00	HOLD
CEF	Investment Trusts	SHORT	13.51	0.45	HOLD
CUK	Hotels, Motels & Cruise Lines - NEC	SHORT	35.68	1.31	HOLD
DENN	Restaurants & Bars - NEC	LONG	7.10	-0.14	HOLD
ESI	Educational Services	LONG	32.68	-1.68	HOLD
GG	Integrated Mining	SHORT	21.06	-0.33	HOLD
GPI	New Car Dealers	LONG	68.97	-0.14	HOLD
HSBC	Commercial Banks	SHORT	53.06	-0.08	HOLD
HEES	Consumer Goods Rental	LONG	28.32	2.94	HOLD
ISBC	Retail & Mortgage Banks	SHORT	23.71	0.25	HOLD
KOP	Commodity Chemicals - NEC	LONG	44.90	0.51	HOLD
KRNY	Commercial Banks	SHORT	10.41	1.56	HOLD
MT	Steel - NEC	SHORT	16.47	0.73	HOLD
MWE	Oil & Gas Refining and Marketing - NEC	SHORT	65.27	2.05	HOLD
MYE	Plastic Container & Packaging	LONG	19.50	0.31	HOLD
NJR	Natural Gas Distribution	LONG	43.72	-0.48	HOLD
NP	Paper Mills & Products	LONG	41.45	2.27	HOLD
NSIT	IT Services & Consulting - NEC	LONG	23.45	-0.26	HOLD
NVS	Pharmaceuticals - NEC	SHORT	76.84	0.27	HOLD
OMX	Office Supplies Wholesale	LONG	15.26	0.00	HOLD
SCCO	Specialty Mining & Metals - NEC	SHORT	25.48	2.25	HOLD
PDLI	Biotechnology & Medical Research - NEC	LONG	8.07	-2.12	HOLD
PSA	Self-Storage REITs	SHORT	149.58	-0.09	HOLD
ROMA	Banks - NEC	SHORT	21.06	0.00	HOLD
SAH	Auto Vehicles, Parts & Service Retailers - NEC	LONG	24.00	0.88	HOLD
SCSS	Furniture	LONG	20.05	0.30	HOLD
SLV	Investment Trusts	SHORT	18.96	0.80	HOLD
STC	Property Insurance	LONG	30.20	0.00	HOLD
TFSL	Banks - NEC	SHORT	11.61	-0.09	HOLD
TKC	Wireless Telecom	SHORT	14.75	0.41	HOLD
TMP	Banks - NEC	SHORT	48.53	-0.53	HOLD
TS	Construction & Engineering - NEC	SHORT	42.67	0.09	HOLD
V	Business Support Services - NEC	SHORT	207.36	1.93	HOLD
VALE	Steel - NEC	SHORT	14.66	-0.81	HOLD
VIP	Wireless Telecom	SHORT	12.13	0.41	HOLD
WES	Oil & Gas Refining and Marketing - NEC	SHORT	59.29	-1.53	HOLD
WNC	Heavy Trucks	LONG	11.60	1.18	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				0.19
SHORTS				0.27
TOTAL				-0.08
S&P 500				-0.03
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	44.84	25.89	-39.65	0.55	0.36
S&P 500	42.44	5.62	-18.61	2.40	0.72

13-Dec-2013 Daily positions

Pre Opening Longs: ACCO, ALJ, AVA, AVD, BLT, BYI, CEC, DENN, ESI, GPI,
HEES, KOP, MYE, NJR, NP, NSIT, OMX, PDLI, SAH, SCSS, STC, WNC
Pre Opening Shorts: AB, ALNY, ATVI, BAC, BHP, CEF, CUK, GG, HSBC, ISBC,
KRNY, MT, MWE, NVS, PSA, ROMA, SCCO, SLV, TFSL, TKC, TMP, TS, V, VALE, VIP,
WES

12-Dec-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB	Investment Management	SHORT	21.67	-0.32	HOLD
ACCO	Business Support Supplies - NEC	LONG	6.16	2.50	HOLD
ALJ	Petroleum Refining	LONG	14.60	-0.34	HOLD
ALNY	Biotechnology & Medical Research - NEC	SHORT	59.79	4.66	HOLD
ATVI	Toys & Juvenile Products - NEC	SHORT	16.66	-2.06	HOLD
AVA	Multiline Utilities - NEC	LONG	27.21	1.19	HOLD
AVD	Agricultural Chemicals - NEC	LONG	26.26	-1.17	HOLD
BAC	Banks - NEC	SHORT	15.25	0.00	HOLD
BHP	Integrated Mining	SHORT	63.95	-2.04	HOLD
BLT	Integrated Mining	LONG	13.82	-1.50	HOLD
BYI	Games, Toys & Children Vehicles	LONG	74.72	1.29	HOLD
CEC	Food Retail & Distribution - NEC	LONG	43.14	1.91	HOLD
CEF	Investment Trusts	SHORT	13.44	-2.75	HOLD
CUK	Hotels, Motels & Cruise Lines - NEC	SHORT	35.22	-0.03	HOLD
DENN	Restaurants & Bars - NEC	LONG	7.11	-0.14	HOLD
ESI	Educational Services	LONG	33.24	-0.92	HOLD
GG	Integrated Mining	SHORT	21.13	-0.38	HOLD
GPI	New Car Dealers	LONG	69.07	0.14	HOLD
HSBC	Commercial Banks	SHORT	53.10	-0.62	HOLD
HEES	Consumer Goods Rental	LONG	27.51	-0.69	HOLD
ISBC	Retail & Mortgage Banks	SHORT	23.65	-0.08	HOLD
KOP	Commodity Chemicals - NEC	LONG	44.67	-0.22	HOLD
KRNY	Commercial Banks	SHORT	10.25	0.29	HOLD
MT	Steel - NEC	SHORT	16.35	-1.27	HOLD
MWE	Oil & Gas Refining and Marketing - NEC	SHORT	63.96	-1.34	HOLD
MYE	Plastic Container & Packaging	LONG	19.44	-0.92	HOLD
NJR	Natural Gas Distribution	LONG	43.93	0.73	HOLD
NP	Paper Mills & Products	LONG	40.53	-0.61	HOLD
NSIT	IT Services & Consulting - NEC	LONG	23.51	-1.22	HOLD
NVS	Pharmaceuticals - NEC	SHORT	76.63	-1.17	HOLD
OMX	Office Supplies Wholesale	LONG	15.26	0.00	HOLD
SCCO	Specialty Mining & Metals - NEC	SHORT	24.92	-1.27	HOLD
PDLI	Biotechnology & Medical Research - NEC	LONG	8.25	1.48	HOLD
PSA	Self-Storage REITs	SHORT	149.71	-0.56	HOLD
ROMA	Banks - NEC	SHORT	21.06	0.00	HOLD
SAH	Auto Vehicles, Parts & Service Retailers - NEC	LONG	23.79	0.04	HOLD
SCSS	Furniture	LONG	19.99	-0.30	HOLD
SLV	Investment Trusts	SHORT	18.81	-3.79	HOLD
STC	Property Insurance	LONG	30.20	0.53	HOLD
TFSL	Banks - NEC	SHORT	11.62	1.22	HOLD
TKC	Wireless Telecom	SHORT	14.69	-0.14	HOLD
TMP	Banks - NEC	SHORT	48.79	1.50	HOLD
TS	Construction & Engineering - NEC	SHORT	42.63	-0.12	HOLD
V	Business Support Services - NEC	SHORT	203.44	-1.08	HOLD
VALE	Steel - NEC	SHORT	14.78	-0.61	HOLD
VIP	Wireless Telecom	SHORT	12.08	0.75	HOLD
WES	Oil & Gas Refining and Marketing - NEC	SHORT	60.21	0.18	HOLD
WNC	Heavy Trucks	LONG	11.46	-0.87	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				0.04
SHORTS				-0.42
TOTAL				0.47
S&P 500				-0.33
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	6800245919946.46	2443578987068.12	-17.61	0.00	43045.42
S&P 500	42.48	5.60	-18.61	2.41	0.73

11-Dec-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB	Investment Management	SHORT	21.74	-2.95	HOLD
ACCO	Business Support Supplies - NEC	LONG	6.01	-1.80	HOLD
ALJ	Petroleum Refining	LONG	14.65	-0.27	HOLD
ALNY	Biotechnology & Medical Research - NEC	SHORT	57.13	-4.83	HOLD
ATVI	Toys & Juvenile Products - NEC	SHORT	17.01	-1.79	HOLD
AVA	Multiline Utilities - NEC	LONG	26.89	-0.99	HOLD
AVD	Agricultural Chemicals - NEC	LONG	26.57	-1.52	HOLD
BAC	Banks - NEC	SHORT	15.25	-1.99	HOLD
BHP	Integrated Mining	SHORT	65.28	-2.29	HOLD
BLT	Integrated Mining	LONG	14.03	-0.99	HOLD
BYI	Games, Toys & Children Vehicles	LONG	73.77	-1.48	HOLD
CEC	Food Retail & Distribution - NEC	LONG	42.33	-4.53	HOLD
CEF	Investment Trusts	SHORT	13.82	-0.14	HOLD
CUK	Hotels, Motels & Cruise Lines - NEC	SHORT	35.23	-1.04	HOLD
DENN	Restaurants & Bars - NEC	LONG	7.12	-0.28	HOLD
ESI	Educational Services	LONG	33.55	-2.64	HOLD
GG	Integrated Mining	SHORT	21.21	-2.44	HOLD
GPI	New Car Dealers	LONG	68.97	-0.23	HOLD
HSBC	Commercial Banks	SHORT	53.43	-1.07	HOLD
HEES	Consumer Goods Rental	LONG	27.70	-2.33	HOLD
ISBC	Retail & Mortgage Banks	SHORT	23.67	-0.71	HOLD
KOP	Commodity Chemicals - NEC	LONG	44.77	-1.56	HOLD
KRNY	Commercial Banks	SHORT	10.22	-1.35	HOLD
MT	Steel - NEC	SHORT	16.56	-2.24	HOLD
MWE	Oil & Gas Refining and Marketing - NEC	SHORT	64.83	-0.02	HOLD
MYE	Plastic Container & Packaging	LONG	19.62	-4.66	HOLD
NJR	Natural Gas Distribution	LONG	43.61	-0.98	HOLD
NP	Paper Mills & Products	LONG	40.78	-2.23	HOLD
NSIT	IT Services & Consulting - NEC	LONG	23.80	-3.05	HOLD
NVS	Pharmaceuticals - NEC	SHORT	77.54	-0.60	HOLD
OMX	Office Supplies Wholesale	LONG	15.26	0.00	HOLD
SCCO	Specialty Mining & Metals - NEC	SHORT	25.24	-2.77	HOLD
PDLI	Biotechnology & Medical Research - NEC	LONG	8.13	-1.22	HOLD
PSA	Self-Storage REITs	SHORT	150.55	-2.68	HOLD
ROMA	Banks - NEC	SHORT	21.06	0.00	HOLD
SAH	Auto Vehicles, Parts & Service Retailers - NEC	LONG	23.78	-0.34	HOLD
SCSS	Furniture	LONG	20.05	-3.98	HOLD
SLV	Investment Trusts	SHORT	19.56	-0.51	HOLD
STC	Property Insurance	LONG	30.04	-0.73	HOLD
TFSL	Banks - NEC	SHORT	11.48	-0.43	HOLD
TKC	Wireless Telecom	SHORT	14.71	-1.61	HOLD
TMP	Banks - NEC	SHORT	48.07	-1.35	HOLD
TS	Construction & Engineering - NEC	SHORT	42.68	-1.32	HOLD
V	Business Support Services - NEC	SHORT	205.66	3.12	HOLD
VALE	Steel - NEC	SHORT	14.87	-3.00	HOLD
VIP	Wireless Telecom	SHORT	11.99	-0.42	HOLD
WES	Oil & Gas Refining and Marketing - NEC	SHORT	60.10	-0.36	HOLD
WNC	Heavy Trucks	LONG	11.56	-2.78	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-1.75
SHORTS				-1.34
TOTAL				-0.42
S&P 500				-1.12
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	6768609501739.45	2441698164226.25	-17.61	0.00	43527.90
S&P 500	42.95	5.54	-18.61	2.47	0.73

11-Dec-2013 Daily positions

Pre Opening Longs: ACCO, ALJ, AVA, AVD, BLT, BYI, CEC, DENN, ESI, GPI,
HEES, KOP, MYE, NJR, NP, NSIT, OMX, PDLI, SAH, SCSS, STC, WNC
Pre Opening Shorts: AB, ALNY, ATVI, BAC, BHP, CEF, CUK, GG, HSBC, ISBC,
KRNY, MT, MWE, NVS, PSA, ROMA, SCCO, SLV, TFSL, TKC, TMP, TS, V, VALE, VIP,
WES

10-Dec-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB	Investment Management	SHORT	22.40	0.22	HOLD
ACCO	Business Support Supplies - NEC	LONG	6.12	-1.29	HOLD
ALJ	Petroleum Refining	LONG	14.69	-1.80	HOLD
ALNY	Biotechnology & Medical Research - NEC	SHORT	60.03	-2.01	HOLD
ATVI	Toys & Juvenile Products - NEC	SHORT	17.32	0.12	HOLD
AVA	Multiline Utilities - NEC	LONG	27.16	-1.02	HOLD
AVD	Agricultural Chemicals - NEC	LONG	26.98	-1.53	HOLD
BAC	Banks - NEC	SHORT	15.56	-0.13	HOLD
BHP	Integrated Mining	SHORT	66.81	-0.79	HOLD
BLT	Integrated Mining	LONG	14.17	-0.84	HOLD
BYI	Games, Toys & Children Vehicles	LONG	74.88	-1.20	HOLD
CEC	Food Retail & Distribution - NEC	LONG	44.34	-0.36	HOLD
CEF	Investment Trusts	SHORT	13.84	2.29	HOLD
CUK	Hotels, Motels & Cruise Lines - NEC	SHORT	35.60	0.11	HOLD
DENN	Restaurants & Bars - NEC	LONG	7.14	-2.06	HOLD
ESI	Educational Services	LONG	34.46	0.79	HOLD
GG	Integrated Mining	SHORT	21.74	3.18	HOLD
GPI	New Car Dealers	LONG	69.13	-0.40	HOLD
HSBC	Commercial Banks	SHORT	54.01	-0.59	HOLD
HEES	Consumer Goods Rental	LONG	28.36	-0.98	BUY
ISBC	Retail & Mortgage Banks	SHORT	23.84	-0.71	HOLD
KOP	Commodity Chemicals - NEC	LONG	45.48	-0.83	HOLD
KRNY	Commercial Banks	SHORT	10.36	-2.36	HOLD
MT	Steel - NEC	SHORT	16.94	-0.41	HOLD
MWE	Oil & Gas Refining and Marketing - NEC	SHORT	64.84	-0.77	HOLD
MYE	Plastic Container & Packaging	LONG	20.58	0.34	HOLD
NJR	Natural Gas Distribution	LONG	44.04	-2.35	HOLD
NP	Paper Mills & Products	LONG	41.71	-1.72	HOLD
NSIT	IT Services & Consulting - NEC	LONG	24.55	-1.09	HOLD
NVS	Pharmaceuticals - NEC	SHORT	78.01	-0.46	HOLD
OMX	Office Supplies Wholesale	LONG	15.26	0.00	HOLD
SCCO	Specialty Mining & Metals - NEC	SHORT	25.96	1.41	HOLD
PDLI	Biotechnology & Medical Research - NEC	LONG	8.23	-0.60	HOLD
PSA	Self-Storage REITs	SHORT	154.70	-0.32	HOLD
ROMA	Banks - NEC	SHORT	21.06	0.00	HOLD
SAH	Auto Vehicles, Parts & Service Retailers - NEC	LONG	23.86	-0.13	HOLD
SCSS	Furniture	LONG	20.88	-0.48	HOLD
SLV	Investment Trusts	SHORT	19.65	2.77	HOLD
STC	Property Insurance	LONG	30.26	-0.33	HOLD
TFSL	Banks - NEC	SHORT	11.53	-1.79	HOLD
TG	Plastic Container & Packaging	LONG	24.38	-3.79	SELL
TKC	Wireless Telecom	SHORT	14.95	0.27	HOLD
TMP	Banks - NEC	SHORT	48.73	-0.81	HOLD
TS	Construction & Engineering - NEC	SHORT	43.25	-2.06	HOLD
V	Business Support Services - NEC	SHORT	199.43	-1.07	HOLD
VALE	Steel - NEC	SHORT	15.33	-0.78	HOLD
VIP	Wireless Telecom	SHORT	12.04	0.67	HOLD
WES	Oil & Gas Refining and Marketing - NEC	SHORT	60.32	1.00	HOLD
WNC	Heavy Trucks	LONG	11.89	-0.92	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.98
SHORTS				-0.12
TOTAL				-0.87
S&P 500				-0.34
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-1.48	12.40	-39.63	-0.04	-0.01
S&P 500	44.61	5.39	-18.61	2.63	0.76

10-Dec-2013 Daily positions

Pre Opening Longs: ACCO, ALJ, AVA, AVD, BLT, BYI, CEC, DENN, ESI, GPI, KOP,
MYE, NJR, NP, NSIT, OMX, PDLI, SAH, SCSS, STC, TG, WNC
Pre Opening Shorts: AB, ALNY, ATVI, BAC, BHP, CEF, CUK, GG, HSBC, ISBC,
KRNY, MT, MWE, NVS, PSA, ROMA, SCCO, SLV, TFSL, TKC, TMP, TS, V, VALE, VIP,
WES

09-Dec-2013 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
AB	Investment Management	SHORT	22.35	0.90	HOLD
ACCO	Business Support Supplies - NEC	LONG	6.20	1.97	HOLD
ALJ	Petroleum Refining	LONG	14.96	7.39	HOLD
ALNY	Biotechnology & Medical Research - NEC	SHORT	61.26	-2.73	HOLD
ATVI	Toys & Juvenile Products - NEC	SHORT	17.30	0.58	HOLD
AVA	Multiline Utilities - NEC	LONG	27.44	-0.62	HOLD
AVD	Agricultural Chemicals - NEC	LONG	27.40	-1.08	HOLD
BAC	Banks - NEC	SHORT	15.58	0.13	HOLD
BHP	Integrated Mining	SHORT	67.34	-0.28	HOLD
BLT	Integrated Mining	LONG	14.29	-0.69	HOLD
BYI	Games, Toys & Children Vehicles	LONG	75.79	0.54	HOLD
CEC	Food Retail & Distribution - NEC	LONG	44.50	-0.63	HOLD
CEF	Investment Trusts	SHORT	13.53	1.42	HOLD
CUK	Hotels, Motels & Cruise Lines - NEC	SHORT	35.56	0.77	HOLD
DENN	Restaurants & Bars - NEC	LONG	7.29	-0.27	HOLD
ESI	Educational Services	LONG	34.19	-2.79	HOLD
GG	Integrated Mining	SHORT	21.07	0.05	HOLD
GPI	New Car Dealers	LONG	69.41	-0.12	HOLD
HSBC	Commercial Banks	SHORT	54.33	0.18	HOLD
ISBC	Retail & Mortgage Banks	SHORT	24.01	-1.52	HOLD
KOP	Commodity Chemicals - NEC	LONG	45.86	-1.16	HOLD
KRNY	Commercial Banks	SHORT	10.61	0.47	HOLD
MT	Steel - NEC	SHORT	17.01	0.95	HOLD
MWE	Oil & Gas Refining and Marketing - NEC	SHORT	65.34	-0.34	HOLD
MYE	Plastic Container & Packaging	LONG	20.51	0.15	HOLD
NJR	Natural Gas Distribution	LONG	45.10	-1.01	HOLD
NP	Paper Mills & Products	LONG	42.44	0.98	HOLD
NSIT	IT Services & Consulting - NEC	LONG	24.82	-0.80	HOLD
NVS	Pharmaceuticals - NEC	SHORT	78.37	-0.53	HOLD
OMX	Office Supplies Wholesale	LONG	15.26	0.00	HOLD
SCCO	Specialty Mining & Metals - NEC	SHORT	25.60	2.36	HOLD
PDLI	Biotechnology & Medical Research - NEC	LONG	8.28	-0.12	HOLD
PSA	Self-Storage REITs	SHORT	155.20	0.78	HOLD
ROMA	Banks - NEC	SHORT	21.06	0.00	HOLD
SAH	Auto Vehicles, Parts & Service Retailers - NEC	LONG	23.89	-0.38	HOLD
SCSS	Furniture	LONG	20.98	1.25	HOLD
SLV	Investment Trusts	SHORT	19.13	1.97	HOLD
STC	Property Insurance	LONG	30.36	-1.56	HOLD
TFSL	Banks - NEC	SHORT	11.73	-0.89	HOLD
TG	Plastic Container & Packaging	LONG	25.31	-2.43	HOLD
TKC	Wireless Telecom	SHORT	14.90	0.68	HOLD
TMP	Banks - NEC	SHORT	49.40	-1.20	HOLD
TS	Construction & Engineering - NEC	SHORT	44.16	0.96	HOLD
V	Business Support Services - NEC	SHORT	201.59	-0.14	HOLD
VALE	Steel - NEC	SHORT	15.45	1.31	HOLD
VIP	Wireless Telecom	SHORT	11.96	-0.83	HOLD
WES	Oil & Gas Refining and Marketing - NEC	SHORT	59.72	-0.27	HOLD
WNC	Heavy Trucks	LONG	12.00	-1.07	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.11
SHORTS				0.18
TOTAL				-0.29
S&P 500				0.24
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	46.20	26.30	-39.63	0.56	0.37
S&P 500	45.08	5.35	-18.61	2.68	0.77

09-Dec-2013 Daily positions

Pre Opening Longs: ACCO, ALJ, AVA, AVD, BLT, BYI, CEC, DENN, ESI, GPI, KOP,
MYE, NJR, NP, NSIT, OMX, PDLI, SAH, SCSS, STC, TG, WNC
Pre Opening Shorts: AB, ALNY, ATVI, BAC, BHP, CEF, CUK, GG, HSBC, ISBC,
KRNY, MT, MWE, NVS, PSA, ROMA, SCCO, SLV, TFSL, TKC, TMP, TS, V, VALE, VIP,
WES