day1, OPE1, day3, CLO3, return
970103,ZITL,53,970106,48.375,8.7
970103,BZET,16.625,970106,15.25,8.2
970106,BOBJY,16.75,970107,15.625,6.7
970106,IPIC,28.625,970107,27.25,4.8
970107,KDUS,14.25,970108,18.5,-29.9
970107,AMWD,18.5,970108,18.5,0
970108,KDUS,15.875,970109,17,-7.1
970108,GERN,17.75,970109,17,4.2
970109,KDUS,19,970110,15.5,18.4
970109,VRTX,45.75,970110,46,-0.6
970110,CFON,14.125,970113,15.25,-8
970110,IHII,13.5,970113,12.625,6.4
970113,CFON,17.375,970114,12.625,27.3
970113,CEPH,25.5,970114,23.375,8.3
970114,IMRS,26.625,970115,24.375,8.4
970114,MB,11.125,970115,11.125,0
970115,N/A,0,---,0,0
970116,N/A,0,---,0,0
970117,N/A,0,---,0,0
970120,N/A,0,---,0,0
970121,TGET,65,970122,69.875,-7.6
970121,HTCH,107.75,970122,106,1.6
970122,STBI,34.75,970123,33,5
970122,TGET,69,970123,69.75,-1.1
970123,PUCK,29.75,970124,32,-7.6
970124,PUCK,31.75,970127,30,5.5
970124,YHOO,34.625,970127,36.4375,-5.3
970127,PUCK,29.5,970128,30.625,-3.9
970128,HDSN,12.875,970129,10.875,15.5
970128,DSWLF,17.125,970129,18,-5.2
970129,RACF,35,970130,33,5.7
970129,ASMLF,67.75,970130,69,-1.9
970130,SBTK,20.5,970131,20.5,0
970130,VVUS,49.75,970131,61,-22.7
970131,VVUS,59.25,970203,62.625,-5.7
970131,ZONA,15.375,970203,19.125,-24.4
970203,ZONA,16.75,970204,17.375,-3.8
970203,CREAF,15,970204,13.75,8.3
970204,N/A,0,---,0,0
970205,ACRT,14.5,970206,13,10.3
970205,SCTR,14.875,970206,13.875,6.7
970206,GENZL,13.875,970207,13.25,4.5
970206,TISX,17.5,970207,16.75,4.2
970207,N/A,0,---,0,0
970210,N/A,0,---,0,0
970211,WBPR,32.75,970212,34,-3.9
970212,THTX,16.625,970213,16.625,0
970213,UHOS,16.875,970214,16.875,0
970214,BAANF,51.25,970218,48.25,5.8
970214,GLIA,13.625,970218,12.25,10
970218,BEN,63.25,970219,64.375,-1.8
970218,CLST,24.875,970219,26.125,-5.1
970219,ERIV,11,970220,13.75,-25
970219,OCCF,17.125,970220,16.125,5.8
970220,ERIV,13,970221,12.5,3.8
970220,COTTF,10.75,970221,9.875,8.1
970221,DELGF,14.25,970224,14.7812,-3.8
970221,AVEI,16,970224,16.125,-0.8
970224,GWF,46.5,970225,46.875,-0.9
970224,HHC,16.875,970225,16.875,0
970225,HAN,23,970226,22.5,2.1
970225,GDLEW,17.125,970226,16.3125,4.7
970226,IMNX,28.25,970227,27,4.4
970226,FTEN,48.75,970227,47.1875,3.2
970227,AVEI,17,970228,15.75,7.3
970227,CFMT,40.5,970228,40,1.2
970228,EGRP,21.5,970303,25.25,-17.5
970228,AVEI,16.875,970303,16,5.1
970303,HS,20.875,970304,20.9375,-0.3
970303,IMNX,28.25,970304,29.375,-4
970304,ENML,19.75,970305,17.25,12.6
970304,DELGF,19,970305,19.5,-2.7
970305,IPMCF,10.5,970306,13.75,-31
970305,GUMM,11,970306,10.5625,3.9
970306,AVEI,18.25,970307,17.875,2
970306,MU,42,970307,39.75,5.3
970307,IPMCF,14,970310,9.5312,31.9
970310,N/A,0,---,0,0
970311,N/A,0,---,0,0
970312,IDPH,30.75,970313,28.5,7.3
970312,SMRT,27.75,970313,27.5,0.9
970313,DELGF,25.125,970314,27.75,-10.5
970314,AMD,47.75,970317,45.25,5.2
970314,DELGF,27.125,970317,30.625,-13
970317,DELGF,27.75,970318,32.375,-16.7
970317,MU,45,970318,40,11.1
970318,DELGF,31,970319,33.625,-8.5
970319,CFWY,11.25,970320,11.375,-1.2
970320,ENML,19.5,970321,17.5,10.2
970320,IPMCF,11.125,970321,9.5625,14
970321,MGAM,10.5,970324,10.375,1.1
970321,MTLM,9.75,970324,9,7.6
970324,CFWY,12.125,970325,11.875,2
970325,N/A,0,---,0,0
970326,N/A,0,---,0,0
970327,GDYS,22.125,970331,23.125,-4.6
970327,U-B,75.75,970331,75,0.9
970331,GDYS,23.5,970401,22.625,3.7
970331,NUMR,21.75,970401,20,8
970401,ENML,25.25,970402,23.25,7.9
970401,DDIM,23,970402,25.75,-12
average return per trade =   7.678682E-02               %              risk/return =               95.45136 
quarterly return (0.5%  transaction cost) =             -0.2323925    %