20-Jun-2014 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ABT	Pharmaceuticals - NEC	SHORT	40.85	-0.37	HOLD
ACAT	Auto & Truck Manufacturers - NEC	LONG	38.90	1.41	HOLD
APEI	General Education Services	LONG	34.07	0.07	HOLD
AUY	Integrated Mining	SHORT	8.58	-2.50	HOLD
AZN	Biopharmaceuticals	SHORT	75.47	0.08	HOLD
CORE	Supermarkets & Convenience Stores	LONG	91.67	0.50	HOLD
CPK	Natural Gas Distribution	LONG	70.13	0.50	HOLD
OUTR	Consumer Goods Rental	LONG	61.73	0.05	HOLD
DEI	Commercial REITs - NEC	SHORT	28.60	0.11	HOLD
DENN	Restaurants & Bars - NEC	LONG	6.56	0.61	HOLD
GG	Gold - NEC	SHORT	27.25	-0.42	HOLD
GGP	Retail REITs	SHORT	23.90	0.38	COVER
GPI	New Car Dealers	LONG	81.75	-0.04	SELL
GPRE	Industrial Gas	LONG	32.47	1.82	HOLD
KZ	Wireless Telecommunications Services - NEC	SHORT	8.60	-2.60	HOLD
KOP	Commodity Chemicals - NEC	LONG	38.01	1.17	HOLD
KRNY	Commercial Banks	SHORT	15.14	0.53	HOLD
LAD	New Car Dealers	LONG	92.35	0.38	HOLD
MT	Steel - NEC	SHORT	15.04	-1.12	HOLD
MTRX	Oil Related Services and Equipment - NEC	LONG	35.66	1.16	HOLD
MWE	Oil & Gas Refining and Marketing - NEC	SHORT	68.01	2.18	HOLD
NR	Oil Related Services and Equipment - NEC	LONG	12.08	0.58	HOLD
NVS	Pharmaceuticals - NEC	SHORT	90.93	0.09	HOLD
GEOS	Oil Related Services and Equipment - NEC	LONG	54.73	-2.09	HOLD
PIR	Home Furnishings Retailers - NEC	LONG	15.18	-4.29	HOLD
RMBS	Memory Chips (RAM)	SHORT	14.69	0.27	HOLD
SAFM	Animal Slaughtering & Processing	LONG	96.66	2.12	HOLD
SHPG	Pharmaceuticals - NEC	SHORT	222.89	16.26	HOLD
SLV	Investment Trusts	SHORT	20.02	0.53	HOLD
SNN	Medical Devices & Implants	SHORT	92.17	0.72	HOLD
STM	Semiconductors - NEC	SHORT	9.34	-1.99	HOLD
UFPI	Logging & Sawmills	LONG	48.20	0.32	HOLD
V	Business Support Services - NEC	SHORT	209.49	-0.39	HOLD
WGO	Recreational Products - NEC	LONG	23.86	-0.79	HOLD
WNC	Heavy Trucks	LONG	14.64	0.00	HOLD
YHOO	Search Engines	SHORT	34.05	-1.82	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				0.19
SHORTS				0.55
TOTAL				-0.36
S&P 500				0.20
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	267.18	33.53	-29.45	1.43	1.63
S&P 500	58.27	5.60	-18.61	2.66	0.80

20-Jun-2014 Daily positions

Pre Opening Longs: ACAT, APEI, CORE, CPK, DENN, GEOS, GPI, GPRE, KOP, LAD,
MTRX, NR, OUTR, PIR, SAFM, UFPI, WGO, WNC
Pre Opening Shorts: ABT, AUY, AZN, DEI, GG, GGP, KONG, KRNY, MT, MWE, NVS,
RMBS, SHPG, SLV, SNN, STM, V, YHOO

19-Jun-2014 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ABT	Pharmaceuticals - NEC	SHORT	41.00	1.56	HOLD
ACAT	Auto & Truck Manufacturers - NEC	LONG	38.36	0.31	HOLD
APEI	General Education Services	LONG	34.04	-2.73	HOLD
AUY	Integrated Mining	SHORT	8.80	6.02	HOLD
AZN	Biopharmaceuticals	SHORT	75.41	0.75	HOLD
CORE	Supermarkets & Convenience Stores	LONG	91.21	-0.56	HOLD
CPK	Natural Gas Distribution	LONG	69.78	-0.16	HOLD
OUTR	Consumer Goods Rental	LONG	61.70	0.85	HOLD
DEI	Commercial REITs - NEC	SHORT	28.57	1.24	HOLD
DENN	Restaurants & Bars - NEC	LONG	6.52	-0.31	HOLD
GG	Gold - NEC	SHORT	27.37	4.87	HOLD
GGP	Retail REITs	SHORT	23.81	0.34	HOLD
GPI	New Car Dealers	LONG	81.78	-0.01	HOLD
GPRE	Industrial Gas	LONG	31.89	-0.65	HOLD
KONG	Wireless Telecommunications Services - NEC	SHORT	9.00	0.00	HOLD
KOP	Commodity Chemicals - NEC	LONG	37.57	0.19	HOLD
KRNY	Commercial Banks	SHORT	15.06	-0.13	HOLD
LAD	New Car Dealers	LONG	92.00	1.94	HOLD
MT	Steel - NEC	SHORT	15.21	-0.33	HOLD
MTRX	Oil Related Services and Equipment - NEC	LONG	35.25	-4.21	HOLD
MWE	Oil & Gas Refining and Marketing - NEC	SHORT	66.56	0.65	HOLD
NR	Oil Related Services and Equipment - NEC	LONG	12.01	0.42	HOLD
NVS	Pharmaceuticals - NEC	SHORT	90.85	0.50	HOLD
GEOS	Oil Related Services and Equipment - NEC	LONG	55.90	-2.43	HOLD
PIR	Home Furnishings Retailers - NEC	LONG	15.86	-13.14	HOLD
RMBS	Memory Chips (RAM)	SHORT	14.65	-0.07	HOLD
SAFM	Animal Slaughtering & Processing	LONG	94.65	-0.75	HOLD
SHPG	Pharmaceuticals - NEC	SHORT	191.71	-1.30	HOLD
SLV	Investment Trusts	SHORT	19.92	4.57	HOLD
SNN	Medical Devices & Implants	SHORT	91.51	1.33	HOLD
SNX	Computer Peripherals	LONG	70.90	-0.44	SELL
STM	Semiconductors - NEC	SHORT	9.53	-0.31	HOLD
THRX	Biopharmaceuticals	SHORT	29.32	3.31	COVER
UFPI	Logging & Sawmills	LONG	48.04	0.09	HOLD
V	Business Support Services - NEC	SHORT	210.32	-0.44	HOLD
WGO	Recreational Products - NEC	LONG	24.05	0.75	HOLD
WNC	Heavy Trucks	LONG	14.64	0.27	HOLD
YHOO	Search Engines	SHORT	34.68	-0.74	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-1.08
SHORTS				1.15
TOTAL				-2.23
S&P 500				0.11
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	268.02	33.42	-29.45	1.44	1.64
S&P 500	58.71	5.53	-18.61	2.71	0.81

18-Jun-2014 Daily positions

Pre Opening Longs: ACAT, APEI, CORE, CPK, DENN, GEOS, GPI, GPRE, KOP, LAD,
MTRX, NR, OUTR, PIR, SAFM, SNX, UFPI, WGO, WNC
Pre Opening Shorts: ABT, AUY, AZN, DEI, GG, GGP, KONG, KRNY, MT, MWE, NVS,
RMBS, SHPG, SLV, SNN, STM, THRX, V, WES, YHOO

17-Jun-2014 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ABT	Pharmaceuticals - NEC	SHORT	39.86	-0.10	HOLD
ACAT	Auto & Truck Manufacturers - NEC	LONG	36.81	2.35	HOLD
APEI	General Education Services	LONG	35.54	0.08	HOLD
AUY	Integrated Mining	SHORT	8.10	-1.22	HOLD
AZN	Biopharmaceuticals	SHORT	73.94	0.27	HOLD
CORE	Supermarkets & Convenience Stores	LONG	89.45	-0.12	HOLD
CPK	Natural Gas Distribution	LONG	68.74	0.31	HOLD
OUTR	Consumer Goods Rental	LONG	65.31	1.86	HOLD
DEI	Commercial REITs - NEC	SHORT	27.93	0.36	HOLD
DENN	Restaurants & Bars - NEC	LONG	6.45	0.16	HOLD
GG	Gold - NEC	SHORT	25.06	0.89	HOLD
GGP	Retail REITs	SHORT	23.62	0.81	HOLD
GPI	New Car Dealers	LONG	81.13	0.93	HOLD
GPRE	Industrial Gas	LONG	32.47	3.24	HOLD
KONG	Wireless Telecommunications Services - NEC	SHORT	9.00	0.00	HOLD
KOP	Commodity Chemicals - NEC	LONG	36.93	0.05	HOLD
KRNY	Commercial Banks	SHORT	15.07	0.07	HOLD
LAD	New Car Dealers	LONG	88.68	2.48	HOLD
MT	Steel - NEC	SHORT	15.08	1.00	HOLD
MTRX	Oil Related Services and Equipment - NEC	LONG	37.03	-0.47	HOLD
MWE	Oil & Gas Refining and Marketing - NEC	SHORT	66.22	0.29	HOLD
NR	Oil Related Services and Equipment - NEC	LONG	11.82	-0.17	HOLD
NVS	Pharmaceuticals - NEC	SHORT	89.86	-0.59	HOLD
GEOS	Oil Related Services and Equipment - NEC	LONG	56.82	0.16	HOLD
PIR	Home Furnishings Retailers - NEC	LONG	18.18	3.83	HOLD
RMBS	Memory Chips (RAM)	SHORT	14.60	1.53	HOLD
SAFM	Animal Slaughtering & Processing	LONG	95.35	1.41	HOLD
SHPG	Pharmaceuticals - NEC	SHORT	186.78	-2.27	HOLD
SLV	Investment Trusts	SHORT	18.94	0.48	HOLD
SNN	Medical Devices & Implants	SHORT	91.40	-0.53	HOLD
SNX	Computer Peripherals	LONG	71.41	4.58	HOLD
STM	Semiconductors - NEC	SHORT	9.66	1.36	HOLD
THRX	Biopharmaceuticals	SHORT	28.03	1.96	HOLD
UFPI	Logging & Sawmills	LONG	48.45	0.73	HOLD
V	Business Support Services - NEC	SHORT	210.81	0.27	HOLD
WES	Oil & Gas Refining and Marketing - NEC	SHORT	73.33	-0.33	HOLD
WGO	Recreational Products - NEC	LONG	23.47	1.34	HOLD
WNC	Heavy Trucks	LONG	14.40	0.49	HOLD
YHOO	Search Engines	SHORT	34.43	-1.09	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				1.22
SHORTS				0.16
TOTAL				1.06
S&P 500				0.28
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	278.65	32.58	-29.45	1.53	1.69
S&P 500	57.37	5.66	-18.61	2.60	0.79

16-Jun-2014 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ABT	Pharmaceuticals - NEC	SHORT	39.90	0.28	HOLD
ACAT	Auto & Truck Manufacturers - NEC	LONG	35.97	-0.36	HOLD
APEI	General Education Services	LONG	35.51	1.11	HOLD
AUY	Integrated Mining	SHORT	8.20	-0.73	HOLD
AZN	Biopharmaceuticals	SHORT	73.74	-0.67	HOLD
CORE	Supermarkets & Convenience Stores	LONG	89.68	0.29	HOLD
CPK	Natural Gas Distribution	LONG	68.53	0.40	HOLD
OUTR	Consumer Goods Rental	LONG	64.12	-0.62	HOLD
DEI	Commercial REITs - NEC	SHORT	27.83	-0.96	HOLD
DENN	Restaurants & Bars - NEC	LONG	6.44	0.47	HOLD
GG	Gold - NEC	SHORT	24.89	-1.23	HOLD
GGP	Retail REITs	SHORT	23.43	-0.34	HOLD
GPI	New Car Dealers	LONG	80.38	1.71	HOLD
GPRE	Industrial Gas	LONG	31.45	1.00	HOLD
KONG	Wireless Telecommunications Services - NEC	SHORT	9.00	0.00	HOLD
KOP	Commodity Chemicals - NEC	LONG	36.91	-0.78	HOLD
KRNY	Commercial Banks	SHORT	15.06	0.27	HOLD
LAD	New Car Dealers	LONG	86.53	12.85	HOLD
MT	Steel - NEC	SHORT	14.93	-0.67	HOLD
MTRX	Oil Related Services and Equipment - NEC	LONG	37.21	0.79	HOLD
MWE	Oil & Gas Refining and Marketing - NEC	SHORT	66.03	0.90	HOLD
NR	Oil Related Services and Equipment - NEC	LONG	11.84	-0.84	HOLD
NVS	Pharmaceuticals - NEC	SHORT	90.39	1.18	HOLD
GEOS	Oil Related Services and Equipment - NEC	LONG	56.73	2.44	HOLD
PIR	Home Furnishings Retailers - NEC	LONG	17.51	1.21	HOLD
RMBS	Memory Chips (RAM)	SHORT	14.38	5.43	HOLD
SAFM	Animal Slaughtering & Processing	LONG	94.02	-0.29	HOLD
SHPG	Pharmaceuticals - NEC	SHORT	191.11	6.59	HOLD
SLV	Investment Trusts	SHORT	18.85	-0.37	HOLD
SNN	Medical Devices & Implants	SHORT	91.89	0.53	HOLD
SNX	Computer Peripherals	LONG	68.28	0.38	HOLD
STM	Semiconductors - NEC	SHORT	9.53	-0.52	HOLD
THRX	Biopharmaceuticals	SHORT	27.49	7.34	HOLD
UFPI	Logging & Sawmills	LONG	48.10	-0.50	HOLD
V	Business Support Services - NEC	SHORT	210.24	-0.50	HOLD
WES	Oil & Gas Refining and Marketing - NEC	SHORT	73.57	-0.69	HOLD
WGO	Recreational Products - NEC	LONG	23.16	0.00	HOLD
WNC	Heavy Trucks	LONG	14.33	1.34	HOLD
YHOO	Search Engines	SHORT	34.81	-5.77	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				1.08
SHORTS				0.50
TOTAL				0.58
S&P 500				0.08
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	274.65	32.82	-29.45	1.50	1.67
S&P 500	56.94	5.70	-18.61	2.57	0.79