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
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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
GLOBAL X FDS GLOBAL X SOCIAL MEDIA INDEX ETF ETF 37950E416 6,297 316,926 SH   SOLE   316,926 0 0
POWERSHARES EXCHANGE TRADED FD TR II S&P SMALLCAP UTILITIES PORT ETF 73937B837 10,827 262,991 SH   SOLE   262,991 0 0
ISHARES NORTH AMERICAN TECH ETF ETF 464287549 12,648 114,262 SH   SOLE   114,262 0 0
POWERSHARES EXCHANGE TRADED FD TR II KBW PROPERTY & CASUALTY INS PORT ETF 73936Q777 15,762 327,971 SH   SOLE   327,971 0 0
POWERSHARES NASDAQ INTERNET ISIN #US73935X1467 SEDOL #B39XXY5 ETF 73935X146 7,766 96,799 SH   SOLE   96,799 0 0
POWERSHARES QQQ TR UNIT SER 1 ETF 73935A104 4,382 39,178 SH   SOLE   39,178 0 0
FIRST TR EXCHANGE TRADED FD DOW JONES INTERNET INDEX FD ETF 33733E302 15,766 211,316 SH   SOLE   211,316 0 0
GUGG S&P 500 EQ WGT STAPLES ETF 78355W874 4,394 37,877 SH   SOLE   37,877 0 0
ISHARES GLOBAL TECH ETF ETF 464287291 721 7,396 SH   SOLE   7,396 0 0
MARKET VECTORS ETF TRUST SEMICONDUCTOR ETF ETF 57060U233 279 5,241 SH   SOLE   5,241 0 0
PROSHARES TRUST SHORT DOW 30 PROSHARES ISIN #US74347R7017 SEDOL #B17MT86 ETF 74347R701 257 11,360 SH   SOLE   11,360 0 0