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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
BARCLAYS BK PLC IPATH S&P500 VIX 06742E711 12,107,000 284,546 SH   SOLE   284,546 0 0
CREDIT SUISSE NASSAU BRH INVRS VIX STERM 22542D795 9,319,000 271,068 SH   SOLE   271,068 0 0
ISHARES RUSSELL 2000 ETF 464287655 23,801,000 206,322 SH   SOLE   206,322 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 2,882,000 136,376 SH   SOLE   136,376 0 0
PROSHARES TR PSHS SHTRUSS2000 74347R826 232,000 13,753 SH   SOLE   13,753 0 0
PROSHARES TR PSHS ULTRUSS2000 74347R842 1,631,000 19,169 SH   SOLE   19,169 0 0
PROSHARES TR II VIX STRMFUT ETF 74347W361 2,258,000 79,143 SH   SOLE   79,143 0 0
PROSHARES TR II UL VIXSTFUT ETF 74347W379 211,000 12,560 SH   SOLE   12,560 0 0
PROSHARES TR II SHT VIX ST TRM 74347W627 6,647,000 49,256 SH   SOLE   49,256 0 0
PROSHARES TR PSHS ULSHRUS2000 74348A202 442,000 36,770 SH   SOLE   36,770 0 0
PROSHARES TR PSHS ULPRRUS NEW 74348A640 360,000 33,502 SH   SOLE   33,502 0 0
PROSHARES TR II Call 74347W909 2,017,000 120,000 SH Call SOLE   120,000 0 0