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 1,744 16,870 SH   SOLE 0 70 0 16,800
AFLAC COM 001055102 3,238 55,700 SH   SOLE 0 200 0 55,500
Aetna US Healthcare COM 00817Y108 1,880 17,182 SH   SOLE 0 69 0 17,113
Alcoa Inc. COM 013817101 2,238 231,699 SH   SOLE 0 250 0 231,449
Amdocs Ltd. COM G02602103 3,395 59,680 SH   SOLE 0 240 0 59,440
Amphenol Corporation COM 032095101 3,669 72,000 SH   SOLE 0 400 0 71,600
Anadarko Petroleum COM 032511107 1,882 31,170 SH   SOLE 0 50 0 31,120
Apache Corporation COM 037411105 1,688 43,100 SH   SOLE 0 150 0 42,950
Apple Computer COM 037833100 4,517 40,950 SH   SOLE 0 0 0 40,950
Applied Materials Inc. COM 038222105 1,111 75,650 SH   SOLE 0 300 0 75,350
Arch Coal COM 039380100 64 19,390 SH   SOLE 0 90 0 19,300
Archer-Daniels-Midl COM 039483102 1,614 38,930 SH   SOLE 0 160 0 38,770
Blackstone Group COM 09253u108 5,410 170,820 SH   SOLE 0 620 0 170,200
Brocade Comm. Systems COM 111621306 2,535 244,250 SH   SOLE 0 950 0 243,300
Canadian Natl. Railway COM 136375102 3,099 54,600 SH   SOLE 0 340 0 54,260
Chesapeake Energy Group COM 165167107 227 31,030 SH   SOLE 0 30 0 31,000
Cisco Systems COM 17275R102 803 30,600 SH   SOLE 0 0 0 30,600
Computer Sciences Corp. COM 205363104 1,959 31,920 SH   SOLE 0 140 0 31,780
ConocoPhillilps COM 20825C104 538 11,217 SH   SOLE 0 52 0 11,165
Constellation Brands COM 21036P108 6,624 52,900 SH   SOLE 0 200 0 52,700
Costco Wholesale Corp. COM 22160K105 1,800 12,450 SH   SOLE 0 0 0 12,450
Devon Energy COM 25179m103 311 8,381 SH   SOLE 0 55 0 8,326
Duke Energy COM 26441C204 676 9,400 SH   SOLE 0 33 0 9,367
ETrade Financial Corp. COM 269246401 435 16,535 SH   SOLE 0 0 0 16,535
Ensco I'ntl. Class A COM 29358Q109 534 37,950 SH   SOLE 0 150 0 37,800
Express Scripts COM 30219G108 4,493 55,500 SH   SOLE 0 300 0 55,200
First Solar, Inc. COM 336433107 1,569 36,700 SH   SOLE 0 100 0 36,600
Flow Serve COM 34354P105 1,567 38,100 SH   SOLE 0 0 0 38,100
Franklin Resources Inc. COM 354613101 1,100 29,520 SH   SOLE 0 120 0 29,400
Freeport-McMoRan Inc. COM 35671D857 1,368 141,220 SH   SOLE 0 520 0 140,700
Game Stop Corp COM 36467W109 1,779 43,170 SH   SOLE 0 170 0 43,000
General Electric COM 369604103 3,072 121,800 SH   SOLE 0 400 0 121,400
General Motors Co. COM 37045V100 1,030 34,300 SH   SOLE 0 0 0 34,300
Goldman Sachs Group COM 38141G104 1,979 11,390 SH   SOLE 0 40 0 11,350
Hartford Financial Services Gr COM 416515104 524 11,450 SH   SOLE 0 0 0 11,450
Hess Corporation COM 42809H107 1,362 27,200 SH   SOLE 0 100 0 27,100
Hewlett-Packard COM 428236103 1,612 62,930 SH   SOLE 0 260 0 62,670
Home Depot COM 437076102 2,947 25,520 SH   SOLE 0 200 0 25,320
International Business Machine COM 459200101 512 3,530 SH   SOLE 0 30 0 3,500
JPMorgan Chase & Co. COM 46625H100 2,825 46,340 SH   SOLE 0 200 0 46,140
Jabil Circuit Inc. COM 466313103 3,275 146,400 SH   SOLE 0 400 0 146,000
Johnson & Johnson COM 478160104 1,462 15,660 SH   SOLE 0 60 0 15,600
Joy Global COM 481165108 630 42,180 SH   SOLE 0 170 0 42,010
Kinder Morgan Inc. COM 49456B101 924 33,390 SH   SOLE 0 125 0 33,265
Kohls Corp. COM 500255104 1,128 24,350 SH   SOLE 0 100 0 24,250
Laboratory Corp. new COM 50540R409 2,549 23,500 SH   SOLE 0 100 0 23,400
Lowes COM 548661107 1,916 27,800 SH   SOLE 0 0 0 27,800
MGM Resorts International COM 552953101 1,926 104,400 SH   SOLE 0 400 0 104,000
McKesson Corp. COM 58155Q103 3,121 16,870 SH   SOLE 0 70 0 16,800
Metlife Inc. COM 59156R108 1,183 25,080 SH   SOLE 0 80 0 25,000
Microsoft Corporation COM 594918104 1,423 32,150 SH   SOLE 0 0 0 32,150
Monster Worldwide COM 611742107 167 26,050 SH   SOLE 0 100 0 25,950
NVIDIA Corporation COM 67066G104 1,184 48,030 SH   SOLE 0 130 0 47,900
Nabors Industries COM G6359F103 276 29,160 SH   SOLE 0 120 0 29,040
New York Community Bancorp COM 649445103 1,997 110,550 SH   SOLE 0 450 0 110,100
Newell Rubbermaid Inc. COM 651229106 1,783 44,900 SH   SOLE 0 0 0 44,900
Norfolk Southern COM 655844108 1,058 13,850 SH   SOLE 0 100 0 13,750
One Gas Inc. COM 68235P108 751 16,575 SH   SOLE 0 50 0 16,525
Oneok Inc. New COM 682680103 2,135 66,300 SH   SOLE 0 200 0 66,100
Phillips 66 COM 718546104 431 5,608 SH   SOLE 0 26 0 5,582
Praxair Inc. COM 74005P104 2,236 21,950 SH   SOLE 0 150 0 21,800
Prudential COM 744320102 2,854 37,450 SH   SOLE 0 80 0 37,370
Qualcomm Inc. COM 747525103 1,324 24,650 SH   SOLE 0 100 0 24,550
TEVA Pharmaceuticals Ltd. COM 881624209 3,039 53,820 SH   SOLE 0 120 0 53,700
Texas Instruments COM 882508104 2,588 52,270 SH   SOLE 0 220 0 52,050
Toll Brothers COM 889478103 1,031 30,125 SH   SOLE 0 125 0 30,000
Travelers Companies Inc. COM 89417E109 2,210 22,200 SH   SOLE 0 100 0 22,100
United Technologies COM 913017109 1,938 21,780 SH   SOLE 0 100 0 21,680
Valero Energy COM 91913Y100 1,220 20,300 SH   SOLE 0 0 0 20,300
Walgreens Boots Alliance COM 931427108 2,073 24,950 SH   SOLE 0 0 0 24,950
Weatherford Int'l. PLC COM G48833100 3,172 374,020 SH   SOLE 0 120 0 373,900
Wells Fargo COM 949746101 1,639 31,920 SH   SOLE 0 120 0 31,800
Western Digital COM 958102105 3,583 45,100 SH   SOLE 0 200 0 44,900
Williams Companies COM 969457100 990 26,860 SH   SOLE 0 110 0 26,750
Zimmer Biomet Holdings, Inc. COM 98956P102 1,216 12,950 SH   SOLE 0 0 0 12,950