The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ACE Ltd. COM H0023R105 1,749 16,870 SH   SOLE 0 70 0 16,800
Aetna US Healthcare COM 00817Y108 2,530 31,206 SH   SOLE 0 69 0 31,137
Alcoa Inc. COM 013817101 5,479 367,950 SH   SOLE 0 250 0 367,700
Amdocs Ltd. COM G02602103 2,765 59,680 SH   SOLE 0 240 0 59,440
Amphenol Corporation COM 032095101 5,318 55,200 SH   SOLE 0 200 0 55,000
Anadarko Petroleum COM 032511107 6,018 54,970 SH   SOLE 0 50 0 54,920
Apache Corporation COM 037411105 1,389 13,800 SH   SOLE 0 50 0 13,750
Apple Computer COM 037833100 6,212 66,850 SH   SOLE 0 0 0 66,850
Applied Materials Inc. COM 038222105 2,222 98,550 SH   SOLE 0 300 0 98,250
Arch Coal COM 039380100 71 19,390 SH   SOLE 0 90 0 19,300
Archer-Daniels-Midl COM 039483102 1,955 44,330 SH   SOLE 0 160 0 44,170
Blackstone Group COM 09253u108 9,635 288,120 SH   SOLE 0 620 0 287,500
Brocade Comm. Systems COM 111621306 3,664 398,250 SH   SOLE 0 950 0 397,300
Canadian Natl. Railway COM 136375102 3,550 54,600 SH   SOLE 0 340 0 54,260
Celgene COM 151020104 1,503 17,500 SH   SOLE 0 0 0 17,500
Chesapeake Energy Group COM 165167107 2,130 68,530 SH   SOLE 0 30 0 68,500
Cisco Systems COM 17275R102 760 30,600 SH   SOLE 0 0 0 30,600
Cognizant Tech Solutions COM 192446102 1,027 21,000 SH   SOLE 0 0 0 21,000
Computer Sciences Corp. COM 205363104 3,199 50,620 SH   SOLE 0 140 0 50,480
ConocoPhillilps COM 20825C104 1,613 18,817 SH   SOLE 0 52 0 18,765
Constellation Brands COM 21036P108 9,126 103,550 SH   SOLE 0 250 0 103,300
Costco Wholesale Corp. COM 22160K105 2,689 23,350 SH   SOLE 0 0 0 23,350
Devon Energy COM 25179m103 1,420 17,881 SH   SOLE 0 55 0 17,826
Duke Energy COM 26441C204 1,254 16,900 SH   SOLE 0 33 0 16,867
ETrade Financial Corp. COM 269246401 352 16,535 SH   SOLE 0 0 0 16,535
Ensco I'ntl. Class A COM 29358Q109 2,109 37,950 SH   SOLE 0 150 0 37,800
Express Scripts COM 30219G108 7,169 103,400 SH   SOLE 0 400 0 103,000
Flow Serve COM 34354P105 5,264 70,800 SH   SOLE 0 0 0 70,800
Ford Motor Corporation COM 345370860 646 37,500 SH   SOLE 0 0 0 37,500
Franklin Resources Inc. COM 354613101 3,165 54,720 SH   SOLE 0 120 0 54,600
Freeport McMoRan Inc. COM 35671D857 2,972 81,420 SH   SOLE 0 120 0 81,300
Game Stop Corp COM 36467W109 3,123 77,170 SH   SOLE 0 170 0 77,000
General Electric COM 369604103 5,127 195,100 SH   SOLE 0 400 0 194,700
General Motors Co. COM 37045V100 2,287 63,000 SH   SOLE 0 0 0 63,000
Goldman Sachs Group COM 38141G104 3,749 22,390 SH   SOLE 0 40 0 22,350
Hartford Financial Services Gr COM 416515104 1,402 39,150 SH   SOLE 0 0 0 39,150
Hewlett-Packard COM 428236103 3,766 111,830 SH   SOLE 0 260 0 111,570
Home Depot COM 437076102 3,645 45,020 SH   SOLE 0 200 0 44,820
International Business Machine COM 459200101 1,582 8,730 SH   SOLE 0 30 0 8,700
JPMorgan Chase & Co. COM 46625H100 4,716 81,840 SH   SOLE 0 200 0 81,640
Jabil Circuit Inc. COM 466313103 4,849 232,000 SH   SOLE 0 400 0 231,600
Johnson & Johnson COM 478160104 2,915 27,860 SH   SOLE 0 60 0 27,800
Joy Global COM 481165108 4,266 69,280 SH   SOLE 0 170 0 69,110
Kinder Morgan Inc. COM 49456B101 2,224 61,342 SH   SOLE 0 125 0 61,217
Kohls Corp. COM 500255104 2,094 39,750 SH   SOLE 0 100 0 39,650
Laboratory Corp. new COM 50540R409 4,188 40,900 SH   SOLE 0 100 0 40,800
Lowes COM 548661107 1,334 27,800 SH   SOLE 0 0 0 27,800
MGM Resorts International COM 552953101 4,591 173,900 SH   SOLE 0 400 0 173,500
Macy's Inc. COM 55616P104 487 8,400 SH   SOLE 0 0 0 8,400
McKesson Corp. COM 58155Q103 5,320 28,570 SH   SOLE 0 70 0 28,500
Metlife Inc. COM 59156R108 3,082 55,480 SH   SOLE 0 80 0 55,400
Microsoft Corporation COM 594918104 1,854 44,450 SH   SOLE 0 0 0 44,450
Monster Worldwide COM 611742107 170 26,050 SH   SOLE 0 100 0 25,950
NVIDIA Corporation COM 67066G104 1,812 97,730 SH   SOLE 0 130 0 97,600
Nabors Industries COM G6359F103 856 29,160 SH   SOLE 0 120 0 29,040
National Oilwell Varco, Inc. COM 637071101 708 8,600 SH   SOLE 0 0 0 8,600
New York Community Bancorp COM 649445103 3,029 189,550 SH   SOLE 0 450 0 189,100
Newell Rubbermaid Inc. COM 651229106 3,214 103,700 SH   SOLE 0 0 0 103,700
Norfolk Southern COM 655844108 2,437 23,650 SH   SOLE 0 100 0 23,550
One Gas Inc. COM 68235P108 803 21,274 SH   SOLE 0 50 0 21,224
Oneok Inc. New COM 682680103 5,794 85,100 SH   SOLE 0 200 0 84,900
Phillips 66 COM 718546104 749 9,308 SH   SOLE 0 26 0 9,282
Praxair Inc. COM 74005P104 4,869 36,650 SH   SOLE 0 150 0 36,500
Prudential COM 744320102 4,638 52,250 SH   SOLE 0 80 0 52,170
Qualcomm Inc. COM 747525103 2,713 34,250 SH   SOLE 0 100 0 34,150
SanDisk Corp. COM 80004C101 12,155 116,390 SH   SOLE 0 290 0 116,100
TEVA Pharmaceuticals Ltd. COM 881624209 2,821 53,820 SH   SOLE 0 120 0 53,700
Texas Instruments COM 882508104 3,444 72,070 SH   SOLE 0 220 0 71,850
Toll Brothers COM 889478103 1,510 40,925 SH   SOLE 0 125 0 40,800
Travelers Companies Inc. COM 89417E109 3,631 38,600 SH   SOLE 0 100 0 38,500
United Technologies COM 913017109 4,373 37,880 SH   SOLE 0 100 0 37,780
Valero Energy COM 91913Y100 2,154 43,000 SH   SOLE 0 0 0 43,000
WPX Energy Inc. COM 98212B103 282 11,785 SH   SOLE 0 37 0 11,748
Walgreen Co. COM 931422109 3,251 43,850 SH   SOLE 0 0 0 43,850
Weatherford Int'l. PLC COM G48833100 3,841 167,020 SH   SOLE 0 120 0 166,900
Wells Fargo COM 949746101 2,781 52,920 SH   SOLE 0 120 0 52,800
Western Digital COM 958102105 8,159 88,400 SH   SOLE 0 200 0 88,200
Williams Companies COM 969457100 2,512 43,160 SH   SOLE 0 110 0 43,050
Zimmer Holdings Inc. COM 98956P102 3,017 29,050 SH   SOLE 0 0 0 29,050