20-May-2014 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ACAT	Auto & Truck Manufacturers - NEC	LONG	34.75	0.09	HOLD
ANN	Women's Apparel Retailers	LONG	38.88	-3.45	HOLD
APEI	General Education Services	LONG	36.08	-0.91	HOLD
AUY	Integrated Mining	SHORT	7.53	0.00	HOLD
BIG		LONG	38.02	-1.60	HOLD
CCL	Hotels, Motels & Cruise Lines - NEC	SHORT	39.18	0.88	HOLD
CORE	Supermarkets & Convenience Stores	LONG	77.79	-0.83	HOLD
OUTR	Consumer Goods Rental	LONG	69.39	-1.85	HOLD
DEI	Commercial REITs - NEC	SHORT	27.93	0.04	HOLD
DENN	Restaurants & Bars - NEC	LONG	6.45	-2.94	HOLD
DVN	Oil & Gas Exploration and Production - NEC	SHORT	72.55	1.78	COVER
GG	Gold - NEC	SHORT	24.57	0.12	SHORT
GGP	Retail REITs	SHORT	23.48	-0.25	HOLD
GPI	New Car Dealers	LONG	77.25	-0.41	HOLD
GPRE	Industrial Gas	LONG	27.54	-1.24	HOLD
HTS	Mortgage REITs	SHORT	20.04	-0.30	HOLD
KONG	Wireless Telecommunications Services - NEC	SHORT	9.05	1.23	HOLD
KOP	Commodity Chemicals - NEC	LONG	36.48	-1.54	HOLD
KRNY	Commercial Banks	SHORT	13.60	-0.33	HOLD
LAD	New Car Dealers	LONG	74.02	-0.72	HOLD
MT	Steel - NEC	SHORT	15.52	-1.71	HOLD
MTRX	Oil Related Services and Equipment - NEC	LONG	32.22	-3.65	HOLD
MWE	Oil & Gas Refining and Marketing - NEC	SHORT	62.59	-0.60	HOLD
NR	Oil Related Services and Equipment - NEC	LONG	11.07	-2.12	HOLD
NVS	Pharmaceuticals - NEC	SHORT	89.08	-0.49	HOLD
O	Commercial REITs - NEC	SHORT	43.68	0.02	HOLD
PIR	Home Furnishings Retailers - NEC	LONG	17.36	-2.75	HOLD
SAFM	Animal Slaughtering & Processing	LONG	84.85	-0.68	HOLD
SHPG	Pharmaceuticals - NEC	SHORT	168.10	-0.78	HOLD
SLV	Investment Trusts	SHORT	18.65	0.11	HOLD
SNN	Medical Devices & Implants	SHORT	77.54	0.06	HOLD
SNX	Computer Peripherals	LONG	61.43	-2.72	HOLD
STM	Semiconductors - NEC	SHORT	9.39	-1.88	HOLD
SWHC	Industrial Machinery & Equipment - NEC	LONG	15.18	0.66	HOLD
THRX	Biopharmaceuticals	SHORT	26.96	-2.28	HOLD
V	Business Support Services - NEC	SHORT	207.92	-1.16	HOLD
WES	Oil & Gas Refining and Marketing - NEC	SHORT	71.56	-0.01	HOLD
WGO	Recreational Products - NEC	LONG	23.12	-1.07	HOLD
WNC	Heavy Trucks	LONG	13.07	-2.68	HOLD
YHOO	Search Engines	SHORT	33.87	-0.06	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-1.60
SHORTS				-0.29
TOTAL				-1.31
S&P 500				-0.63
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	1001365712397628400.00	246502312524627140.00	-30.44	0.00	301693.60
S&P 500	51.49	6.16	-18.61	2.23	0.74