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
ABBVIE INC COM 00287Y109 512 8,749 SH   SOLE 8,749 0 0
ALTISOURCE PORTFOLIO SOLNS S REG SHS L0175J104 1,308 101,600 SH   SOLE 101,600 0 0
AMAZON COM INC COM 023135106 549 1,475 SH   SOLE 1,475 0 0
AMBEV SA SPONSORED ADR 02319V103 79 13,700 SH   SOLE 13,700 0 0
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364w105 1,710 83,576 SH   SOLE 83,576 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 845 16,018 SH   SOLE 16,018 0 0
AMERICAN EXPRESS CO COM 025816109 5,162 66,075 SH   SOLE 66,075 0 0
APPLE INC COM 037833100 6,839 54,965 SH   SOLE 54,965 0 0
AT&T INC COM 00206R102 1,828 55,998 SH   SOLE 55,998 0 0
BANCO BILBAO VIZCAYA ARGENTA SPONSORED ADR 05946K101 3,987 397,496 SH   SOLE 397,496 0 0
BANCO SANTANDER SA ADR 05964H105 3,779 507,200 SH   SOLE 507,200 0 0
BANK AMER CORP COM 060505104 13,998 909,532 SH   SOLE 909,532 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,739 12,050 SH   SOLE 12,050 0 0
CANADIAN SOLAR INC COM 136635109 1,054 31,580 SH   SOLE 31,580 0 0
CATERPILLAR INC DEL COM 149123101 4,116 51,430 SH   SOLE 51,430 0 0
CEMEX SAB DE CV SPON ADR NEW 151290889 16,287 1,719,864 SH   SOLE 1,719,864 0 0
CHEVRON CORP NEW COM 166764100 243 2,317 SH   SOLE 2,317 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941m109 2,656 40,850 SH   SOLE 40,850 0 0
CITIGROUP INC COM NEW 172967424 2,071 40,189 SH   SOLE 40,189 0 0
COCA COLA CO COM 191216100 2,710 66,830 SH   SOLE 66,830 0 0
COCA COLA FEMSA S A B DE C V SPON ADR REP L 191241108 691 8,650 SH   SOLE 8,650 0 0
COMPANHIA SIDERURGICA NACION SPONSORED ADR 20440W105 244 145,500 SH   SOLE 145,500 0 0
CONOCOPHILLIPS COM 20825C104 591 9,500 SH   SOLE 9,500 0 0
CRANE CO COM 224399105 786 12,600 SH   SOLE 12,600 0 0
DEERE & CO COM 244199105 1,955 22,300 SH   SOLE 22,300 0 0
DEUTSCHE BANK AG NAMEN AKT D18190898 2,301 66,240 SH   SOLE 66,240 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 374 3,380 SH   SOLE 3,380 0 0
DIREXION SHS ETF TR DLY FIN BULL NEW 25459Y694 1,626 13,300 SH   SOLE 13,300 0 0
DIREXION SHS ETF TR DRX S&P500BULL 25459W862 3,706 41,900 SH   SOLE 41,900 0 0
EMPRESAS ICA S A DE CV SPONS ADR NEW 292448206 163 50,000 SH   SOLE 50,000 0 0
ENERGY XXI LTD USD UNRS SHS G10082140 164 45,000 SH   SOLE 45,000 0 0
EXXON MOBIL CORP COM 30231g102 3,966 46,662 SH   SOLE 46,662 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 215 2,300 SH   SOLE 2,300 0 0
FREEPORT-MCMORAN INC CL B 35671D857 586 30,900 SH   SOLE 30,900 0 0
GABELLI EQUITY TR INC COM 362397101 130 20,000 SH   SOLE 20,000 0 0
GENERAL ELECTRIC CO COM 369604103 10,587 426,724 SH   SOLE 426,724 0 0
GENERAL MTRS CO COM 37045V100 4,471 119,236 SH   SOLE 119,236 0 0
GERDAU S A SPON ADR REP PFD 373737105 569 177,900 SH   SOLE 177,900 0 0
GOOGLE INC CL A 38259P508 2,587 4,663 SH   SOLE 4,663 0 0
GOOGLE INC CL C 38259p706 990 1,807 SH   SOLE 1,807 0 0
HALLIBURTON CO COM 406216101 4,400 100,268 SH   SOLE 100,268 0 0
HONDA MOTOR LTD AMERN SHS 438128308 302 9,220 SH   SOLE 9,220 0 0
INTEL CORP COM 458140100 749 23,941 SH   SOLE 23,941 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 3,194 19,900 SH   SOLE 19,900 0 0
ISHARES EAFE SML CP ETF 464288273 1,267 25,618 SH   SOLE 25,618 0 0
ISHARES EAFE VALUE ETF 464288877 1,441 27,041 SH   SOLE 27,041 0 0
ISHARES MSCI AC ASIA ETF 464288182 342 5,345 SH   SOLE 5,345 0 0
ISHARES MSCI BRZ CAP ETF 464286400 284 9,045 SH   SOLE 9,045 0 0
ISHARES MSCI GERMANY ETF 464286806 6,449 216,124 SH   SOLE 216,124 0 0
ISHARES MSCI HONG KG ETF 464286871 590 26,915 SH   SOLE 26,915 0 0
ISHARES MSCI JAPAN ETF 464286848 3,723 297,130 SH   SOLE 297,130 0 0
ISHARES MSCI PAC JP ETF 464286665 589 12,975 SH   SOLE 12,975 0 0
ISHARES MSCI STH KOR ETF 464286772 582 10,173 SH   SOLE 10,173 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 599 37,576 SH   SOLE 37,576 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 309 6,954 SH   SOLE 6,954 0 0
ISHARES TR CORE S&P MCP ETF 464287507 1,956 12,872 SH   SOLE 12,872 0 0
ISHARES TR EUROPE ETF 464287861 1,670 37,720 SH   SOLE 37,720 0 0
ISHARES TR MSCI EAFE ETF 464287465 2,206 34,380 SH   SOLE 34,380 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 1,665 39,466 SH   SOLE 39,466 0 0
ISHARES TR NA NAT RES 464287374 1,154 30,733 SH   SOLE 30,733 0 0
ISHARES TR RUS 1000 GRW ETF 464287614 256 2,585 SH   SOLE 2,585 0 0
ISHARES TR RUS 1000 VAL ETF 464287598 3,370 32,689 SH   SOLE 32,689 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 864 6,951 SH   SOLE 6,951 0 0
ISHARES TR S&P 100 ETF 464287101 524 5,800 SH   SOLE 5,800 0 0
ISHARES TR SP SMCP600VL ETF 464287879 1,635 13,753 SH   SOLE 13,753 0 0
JOHNSON & JOHNSON COM 478160104 4,301 42,750 SH   SOLE 42,750 0 0
JPMORGAN CHASE & CO COM 46625H100 2,409 39,771 SH   SOLE 39,771 0 0
KRAFT FOODS GROUP INC COM 50076Q106 315 3,619 SH   SOLE 3,619 0 0
MARATHON OIL CORP COM 565849106 483 18,500 SH   SOLE 18,500 0 0
MCDONALDS CORP COM 580135101 247 2,531 SH   SOLE 2,531 0 0
MERCK & CO INC NEW COM 58933Y105 2,788 48,501 SH   SOLE 48,501 0 0
MICROSOFT CORP COM 594918104 2,506 61,633 SH   SOLE 61,633 0 0
NATIONAL OILWELL VARCO INC COM 637071101 725 14,500 SH   SOLE 14,500 0 0
NUVEEN TEX QUALITY INCOME MU COM 670983105 153 10,700 SH   SOLE 10,700 0 0
PEABODY ENERGY CORP COM 704549104 97 19,780 SH   SOLE 19,780 0 0
PEPSICO INC COM 713448108 3,444 36,020 SH   SOLE 36,020 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654v408 1,049 174,550 SH   SOLE 174,550 0 0
PFIZER INC COM 717081103 813 23,381 SH   SOLE 23,381 0 0
POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 1,159 67,898 SH   SOLE 67,898 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 4,196 39,738 SH   SOLE 39,738 0 0
PROCTER & GAMBLE CO COM 742718109 3,853 47,017 SH   SOLE 47,017 0 0
PROSHARES TR ULTRAPRO QQQ 74347X831 4,078 39,600 SH   SOLE 39,600 0 0
PROSHARES TR ULTRAPRO SHORT S 74348A442 360 10,000 SH   SOLE 10,000 0 0
PROSHARES TR II ULTRASHRT EURO 74347W882 1,409 52,300 SH   SOLE 52,300 0 0
QUALCOMM INC COM 747525103 1,151 16,595 SH   SOLE 16,595 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 577 9,200 SH   SOLE 9,200 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 3,752 62,903 SH   SOLE 62,903 0 0
RYDEX ETF TRUST GUG S&P500 EQ WT 78355W106 989 12,201 SH   SOLE 12,201 0 0
SANOFI SPONSORED ADR 80105N105 769 15,550 SH   SOLE 15,550 0 0
SCHLUMBERGER LTD COM 806857108 293 3,515 SH   SOLE 3,515 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 2,291 30,400 SH   SOLE 30,400 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 371 15,389 SH   SOLE 15,389 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 11,210 63,125 SH   SOLE 63,125 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 4,789 42,133 SH   SOLE 42,133 0 0
SPDR INDEX SHS FDS EURO STOXX 50 78463X202 8,071 207,900 SH   SOLE 207,900 0 0
SPDR INDEX SHS FDS S&P INTL SMLCP 78463X871 658 22,713 SH   SOLE 22,713 0 0
SPDR INDEX SHS FDS STOXX EUR 50 ETF 78463X103 1,405 40,000 SH   SOLE 40,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 15,624 75,688 SH   SOLE 75,688 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 1,510 5,445 SH   SOLE 5,445 0 0
TELEFONICA S A SPONSORED ADR 879382208 5,692 396,684 SH   SOLE 396,684 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 2,284 36,661 SH   SOLE 36,661 0 0
TOTAL S A SPONSORED ADR 89151E109 1,379 27,770 SH   SOLE 27,770 0 0
TOYOTA MOTOR CORP SP ADR REP2COM 892331307 2,329 16,650 SH   SOLE 16,650 0 0
UNILEVER N V N Y SHS NEW 904784709 882 21,130 SH   SOLE 21,130 0 0
UNILEVER PLC SPON ADR NEW 904767704 955 22,900 SH   SOLE 22,900 0 0
UNITED STATES STL CORP NEW COM 912909108 305 12,500 SH   SOLE 12,500 0 0
VALE S A ADR 91912E105 1,390 245,980 SH   SOLE 245,980 0 0
VANGUARD INDEX FDS EXTEND MKT ETF 922908652 1,806 19,532 SH   SOLE 19,532 0 0
VANGUARD INDEX FDS GROWTH ETF 922908736 3,540 33,840 SH   SOLE 33,840 0 0
VANGUARD INDEX FDS LARGE CAP ETF 922908637 1,476 15,500 SH   SOLE 15,500 0 0
VANGUARD INDEX FDS REIT ETF 922908553 878 10,418 SH   SOLE 10,418 0 0
VANGUARD INDEX FDS SM CP VAL ETF 922908611 1,622 14,825 SH   SOLE 14,825 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 4,799 44,743 SH   SOLE 44,743 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 1,974 40,499 SH   SOLE 40,499 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 6,364 155,706 SH   SOLE 155,706 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 316 5,835 SH   SOLE 5,835 0 0
VANGUARD INTL EQUITY INDEX F FTSE PACIFIC ETF 922042866 1,618 26,406 SH   SOLE 26,406 0 0
VANGUARD INTL EQUITY INDEX F GLB EX US ETF 922042676 332 5,905 SH   SOLE 5,905 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 438 11,000 SH   SOLE 11,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 671 13,791 SH   SOLE 13,791 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 762 9,000 SH   SOLE 9,000 0 0
WASTE MGMT INC DEL COM 94106l109 888 16,368 SH   SOLE 16,368 0 0
WISDOMTREE TR EUROPE HEDGED EQ 97717X701 6,105 92,300 SH   SOLE 92,300 0 0