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
ADOBE SYS INC COM 00724F101 1,170 25,691 SH   SOLE   25,691 0 0
ADVANCED MICRO DEVICES INC COM 7903107 1,180 289,216 SH   SOLE   289,216 0 0
ALCATEL-LUCENT SPONSORED ADR 13904305 1,161 637,838 SH   SOLE   637,838 0 0
CISCO SYS INC COM 17275R102 1,169 48,010 SH   SOLE   48,010 0 0
CREDIT SUISSE NASSAU BRH INVRS VIX STERM 22542D795 2,422 121,245 SH   SOLE   121,245 0 0
HEWLETT PACKARD CO COM 428236103 1,149 46,318 SH   SOLE   46,318 0 0
ISHARES INC MSCI JAPAN 464286848 1,272 113,359 SH   SOLE   113,359 0 0
ISHARES TR NASDQ BIO INDX 464287556 687 3,949 SH   SOLE   3,949 0 0
JPMORGAN CHASE & CO ALERIAN ML ETN 46625H365 1,443 30,944 SH   SOLE   30,944 0 0
MICRON TECHNOLOGY INC COM 595112103 1,179 82,288 SH   SOLE   82,288 0 0
NETFLIX INC COM 64110L106 1,159 5,489 SH   SOLE   5,489 0 0
PRICELINE COM INC COM NEW 741503403 1,186 1,435 SH   SOLE   1,435 0 0
PROSHARES TR PSHS ULT S&P 500 74347R107 896 11,680 SH   SOLE   11,680 0 0
PROSHARES TR PSHS ULTRA DOW30 74347R305 685 7,463 SH   SOLE   7,463 0 0
PROSHARES TR II ULT DJ UBS CRUDE 74347W650 1,127 37,416 SH   SOLE   37,416 0 0
PROSHARES TR II ULTRASHORT YEN N 74347W569 1,588 24,774 SH   SOLE   24,774 0 0
PROSHARES TR BASIC MAT NEW 74347X138 721 13,556 SH   SOLE   13,556 0 0
PROSHARES TR SHT MSCI NEW 74347X575 1,097 42,140 SH   SOLE   42,140 0 0
PROSHARES TR ULTRA FNCLS NEW 74347X633 531 5,688 SH   SOLE   5,688 0 0
PROSHARES TR ULTRASHORT EUROP 74348A301 720 30,111 SH   SOLE   30,111 0 0
PROSHARES TR ULSH MSCIEAF NEW 74348A475 660 11,009 SH   SOLE   11,009 0 0
PROSHARES TR ULSHOIL&GASNEW13 74348A525 719 10,859 SH   SOLE   10,859 0 0
PROSHARES TR REAL EST NEW 11 74348A871 722 34,027 SH   SOLE   34,027 0 0
SPDR SERIES TRUST S&P REGL BKG 78464A698 1,885 55,635 SH   SOLE   55,635 0 0
SPDR SERIES TRUST S&P HOMEBUILD 78464A888 716 24,345 SH   SOLE   24,345 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 708 14,872 SH   SOLE   14,872 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 1,889 33,488 SH   SOLE   33,488 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 1,150 30,563 SH   SOLE   30,563 0 0
SONY CORP ADR NEW 835699307 1,190 56,142 SH   SOLE   56,142 0 0
UNITED STATES OIL FUND LP UNITS 91232N108 1,734 50,719 SH   SOLE   50,719 0 0
WISDOMTREE TRUST JAPN HEDGE EQT 97717W851 5,614 123,091 SH   SOLE   123,091 0 0
XEROX CORP COM 984121103 1,166 128,540 SH   SOLE   128,540 0 0