Mechanical Update

Quick update on my mechanical portfolios. It is funny my top 30 and top 50 are doing about the same, out-pacing the S&P by 19% and 18%... also 74% of my picks have beaten the benchmark. My personal portfolio has struggled a bit this week, my high alpha stocks haven't been so hot in the decline. Still nicely up, no panic here. I did buy some ENDP (I had mentioned it was on my close watch list a few weeks back). I was very pleased to get it at $16.72. The final reason to buy ENDP was when I looked at their price movement. They presented at a Goldman Sachs conference (Endo Pharmaceuticals to Present at Goldman Sachs 30th Annual Healthcare Conference) on June 10th. ENDP traded up from 6/8 at $16.80 to $17.71 post the conference. I figured they must have been pretty upbeat at the conference and so when they dropped back under $17 I bought some shares.

Here is my top 30 mechanical portfolio:

Symbol	Date	Original	Current	Dividend	S&P O	S&P D	Stock Chg	S&P Chg	Diff
DTPI	2/2/08	4.75	2.60	0.35	139.58	2.72	-37.9%	-38.7%	0.8%
AIRV	2/13/08	5.08	5.57	-	136.37	2.72	9.6%	-37.3%	47.0%
CITP	2/16/08	9.98	2.21	-	135.14	2.72	-77.9%	-36.7%	-41.1%
PRXI	2/16/08	4.29	1.00	-	135.14	2.72	-76.7%	-36.7%	-39.9%
CAST	2/23/08	5.06	2.83	-	135.62	2.72	-44.1%	-40.9%	-3.2%
GSB	3/12/08	2.08	0.52	-	131.36	2.72	-75.0%	-45.5%	-29.5%
IGC	3/12/08	3.70	0.44	-	131.36	2.72	-88.1%	-45.5%	-42.6%
LGTY	3/12/08	6.70	4.78	0.09	131.36	2.72	-27.3%	-45.5%	18.1%
MRX	3/12/08	19.45	10.26	0.12	131.36	2.08	-46.6%	-46.0%	-0.7%
DEPO	3/22/08	2.74	2.55	-	132.08	2.08	-6.9%	-36.4%	29.5%
NVTL	3/22/08	8.98	6.08	-	132.08	2.08	-32.3%	-36.4%	4.1%
VRGY	3/22/08	17.42	7.62	-	132.08	2.08	-56.3%	-36.4%	-19.8%
DLX	4/6/08	19.58	11.70	1.00	136.89	2.08	-35.1%	-34.9%	-0.3%
NTRI	4/6/08	14.94	14.25	0.70	136.89	2.08	0.1%	-34.9%	34.9%
IUSA	4/6/08	5.28	4.77	-	136.89	2.08	-9.7%	-34.9%	25.2%
LRCX	4/11/08	41.08	27.81	-	133.38	2.08	-32.3%	-33.2%	0.9%
SLXP	4/11/08	6.47	10.88	-	133.38	2.08	68.2%	-33.2%	101.3%
CHRD	4/19/08	5.03	3.52	-	138.48	2.08	-30.0%	-35.6%	5.6%
QXM	4/26/08	6.26	2.73	-	139.60	2.64	-56.4%	-36.0%	-20.4%
MDP	5/9/08	33.79	28.51	0.65	138.90	2.64	-13.7%	-31.2%	17.4%
OMPI	5/9/08	7.11	6.75	-	138.90	2.64	-5.1%	-31.2%	26.1%
PPD	5/9/08	43.45	40.06	-	138.90	2.64	-7.8%	-31.2%	23.4%
ELNK	5/25/08	9.21	7.36	-	137.64	2.64	-20.1%	-33.4%	13.3%
FTAR.ob	5/25/08	4.37	0.87	3.00	137.64	2.64	-11.4%	-33.4%	22.0%
CHKE	5/31/08	27.25	20.76	1.50	140.35	2.64	-18.3%	-32.2%	13.9%
APKT	7/5/08	4.62	8.45	-	126.31	1.97	82.9%	-26.0%	108.9%
CSKI	7/5/08	11.06	13.64	-	126.31	1.97	23.3%	-26.0%	49.3%
VALU	7/5/08	32.00	31.29	1.20	126.31	1.97	1.5%	-26.0%	27.5%
QCOR	7/26/08	4.84	4.53	-	125.48	1.97	-6.4%	-25.5%	19.1%
MSTR	8/1/08	60.56	47.00	-	126.16	1.97	-22.4%	-25.9%	3.5%
NVDA	8/8/08	11.00	11.28	-	129.37	1.97	2.5%	-27.7%	30.3%
SWIR	8/8/08	12.41	5.49	-	129.37	1.97	-55.8%	-27.7%	-28.0%
CF	8/8/08	134.65	74.48	0.10	129.37	1.97	-44.6%	-27.7%	-16.9%
SIGM	8/8/08	15.93	16.19	-	129.37	1.97	1.6%	-27.7%	29.3%
EGMI.OB	9/5/08	0.69	1.19	-	124.42	1.97	72.5%	-24.8%	97.3%
KHD	9/15/08	20.68	8.79	-	126.09	1.97	-57.5%	-25.8%	-31.7%
TTWO	9/22/08	16.57	7.90	-	124.12	1.97	-52.3%	-24.7%	-27.7%
SCMP	9/29/08	8.29	5.79	-	120.85	1.28	-30.2%	-23.2%	-7.0%
DTLK	9/29/08	4.34	4.40	-	120.85	1.28	1.4%	-23.2%	24.6%
TRA	9/29/08	28.42	25.22	0.20	120.85	1.28	-10.6%	-23.2%	12.6%
MSB	10/10/08	10.12	10.77	0.40	88.50	1.28	10.4%	4.9%	5.5%
UEPS	10/10/08	14.58	13.03	-	88.50	1.28	-10.6%	4.9%	-15.5%
TSCM	10/17/08	3.67	2.05	0.03	93.21	1.28	-43.5%	-0.4%	-43.1%
EME	10/31/08	17.77	19.96	-	96.83	1.28	12.3%	-4.1%	16.5%
CTCM	10/31/08	7.40	10.67	-	96.83	1.28	44.2%	-4.1%	48.3%
PRGX	10/31/08	4.24	2.68	-	96.83	1.28	-36.8%	-4.1%	-32.7%
HLF	11/7/08	20.17	27.75	0.40	93.86	1.28	39.6%	-1.1%	40.7%
GHM	11/7/08	13.60	13.53	0.02	93.86	1.28	-0.4%	-1.1%	0.7%
BIDZ	11/21/08	2.39	3.09	-	79.52	1.28	29.3%	16.7%	12.6%
KBR	11/21/08	10.45	18.61	0.10	79.52	1.28	79.0%	16.7%	62.3%
OPTV	11/21/08	0.94	1.27	-	79.52	1.28	35.1%	16.7%	18.4%
IBAS	11/21/08	1.21	1.23	-	79.52	1.28	1.7%	16.7%	-15.1%
Vclk	11/28/08	6.17	11.98	-	90.09	1.28	94.2%	3.0%	91.1%
DIVX	12/8/08	4.37	5.36	-	87.93	1.28	22.7%	5.6%	17.1%
MAXY	12/8/08	5.80	6.92	-	87.93	1.28	19.3%	5.6%	13.7%
ESIC	12/14/08	1.13	1.68	-	88.99	1.28	48.7%	4.3%	44.4%
MSO	12/29/08	2.80	3.13	-	87.16	0.56	11.8%	5.7%	6.1%
TRMS	12/29/08	1.03	2.19	-	87.16	0.56	112.6%	5.7%	106.9%
WFR	12/29/08	13.43	19.10	-	87.16	0.56	42.2%	5.7%	36.5%
AHCI	1/5/09	1.15	2.12	-	92.96	0.56	84.3%	-0.9%	85.3%
CKSW	1/5/09	1.99	5.58	-	92.96	0.56	180.4%	-0.9%	181.3%
COH	2/16/09	13.97	26.27	-	82.76	0.56	88.0%	11.3%	76.7%
DELL	2/23/09	8.41	12.76	-	77.42	0.56	51.7%	19.0%	32.7%
SOLR	2/23/09	4.22	5.75	-	77.42	0.56	36.3%	19.0%	17.3%
DECK	3/2/09	41.27	68.06	-	73.93	0.56	64.9%	24.6%	40.3%
FWLT	3/2/09	15.04	24.71	-	73.93	0.56	64.3%	24.6%	39.7%
HCKT	3/2/09	2.56	2.25	-	73.93	0.56	-12.1%	24.6%	-36.7%
MWW	3/2/09	6.59	11.96	-	73.93	0.56	81.5%	24.6%	56.9%
PTIE	3/2/09	4.53	5.17	-	73.93	0.56	14.1%	24.6%	-10.5%
TRLG	3/2/09	10.22	20.54	-	73.93	0.56	101.0%	24.6%	76.4%
qlti	3/9/09	1.41	2.35	-	68.92	0.56	66.7%	33.6%	33.0%
exbd	3/9/09	12.96	20.65	0.44	68.92	0.56	62.7%	33.6%	29.1%
FIX	3/16/09	9.73	10.23		76.09	0.56	5.1%	21.1%	-15.9%
DBTK	3/16/09	6.65	8.61	-	76.09	0.56	29.5%	21.1%	8.4%
LOOP	3/16/09	5.77	7.48	-	76.09	0.56	29.6%	21.1%	8.6%
PRO	3/30/09	4.29	8.16	-	81.61	-	90.2%	12.2%	78.0%
ACN	4/13/09	27.71	32.34	-	85.81	-	16.7%	6.7%	10.0%
INFI	4/20/09	5.83	5.63	-	87.08	-	-3.4%	5.1%	-8.6%
RST	5/3/09	29.83	25.63	-	87.89	-	-14.1%	4.2%	-18.2%
ULCM.pk	5/3/09	2.18	1.90	-	87.89	-	-12.8%	4.2%	-17.0%
TYPE	5/3/09	3.80	6.31	-	87.89	-	66.1%	4.2%	61.9%
CRAY	5/3/09	3.98	6.28	-	87.89	-	57.8%	4.2%	53.6%
INT	5/10/09	41.90	40.25	-	92.98	-	-3.9%	-1.5%	-2.4%
IPHS	5/18/09	15.03	15.72	-	88.71	-	4.6%	3.2%	1.4%
GNI	6/1/09	86.75	93.01	-	92.53	-	7.2%	-1.1%	8.3%
UTA	6/1/09	7.90	10.14	-	92.53	-	28.4%	-1.1%	29.4%
FRX	6/7/09	23.66	23.22	-	94.55	-	-1.9%	-3.2%	1.3%
ONTY	6/14/09	2.60	2.25	-	95.08	-	-13.5%	-3.7%	-9.7%
VM	6/14/09	4.24	3.90	-	95.08	-	-8.0%	-3.7%	-4.3%
						Totals	9.5%	-9.5%	19.1%
73.8% of stocks beat the S&P 500 Benchmark						Closed	-29.2%	-36.7%	7.4%
S&P C			91.55			Open	24.7%	1.1%	23.6%