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
Energy Select Sector SPDR ENERGY 81369Y506 15,749 220,237 SH   SOLE NONE 220,237 0 0
Fidelity Limited Term Bond ETF LTD TRM BD ETF 316188200 2,280 46,840 SH   SOLE NONE 46,840 0 0
Fidelity MSCI Energy Index ETF MSCI ENERGY IDX 316092402 368 18,984 SH   SOLE NONE 18,984 0 0
First Trust Dow Jones Internet Index Fund DJ INTERNT IDX 33733E302 404 3,186 SH   SOLE NONE 3,186 0 0
iShares Agency Bond ETF AGENCY BOND ETF 464288166 2,700 24,552 SH   SOLE NONE 24,552 0 0
iShares Aggregate Bond ETF CORE US AGGBD ET 464287226 3,396 33,406 SH   SOLE NONE 33,406 0 0
iShares Barclays 0-5 Year TIPS Bond Fund 0-5 YR TIPS ETF 46429B747 339 3,351 SH   SOLE NONE 3,351 0 0
iShares Barclays 7-10 Year Treasury Bond ETF 7-10 YR TRSY BD 464287440 2,996 29,289 SH   SOLE NONE 29,289 0 0
iShares Barclays Intermed. Gov/Credit Bond INTRM GOV CR ETF 464288612 405 3,845 SH   SOLE NONE 3,845 0 0
iShares Barclays Short Treasury Bond Fund SHORT TREAS BD 464288679 16,117 146,389 SH   SOLE NONE 146,389 0 0
iShares Government/Credit Bond ETF GOV/CRED BD ETF 464288596 2,700 25,111 SH   SOLE NONE 25,111 0 0
iShares Phlx Sox Semiconductor Sector Index ISHARES SEMICDTR 464287523 3,399 9,725 SH   SOLE NONE 9,725 0 0
iShares S&P Global 100 Index ETF GLOBAL 100 ETF 464287572 700 10,933 SH   SOLE NONE 10,933 0 0
iShares U.S. Healthcare Providers ETF US HLTHCR PR ETF 464288828 400 1,567 SH   SOLE NONE 1,567 0 0
iShares US Home Construction ETF US HOME CONS ETF 464288752 404 7,707 SH   SOLE NONE 7,707 0 0
NuShares Enhanced Yield U.S. Aggregate Bond ETF NUVEEN ENHNC YLD 67092P102 5,277 245,107 SH   SOLE NONE 245,107 0 0
Schwab Str:US TIPS ETF (ARCX:SCHP) US TIPS ETF 808524870 2,281 40,886 SH   SOLE NONE 40,886 0 0
SPDR Gold (ARCX:GLD) GOLD SHS 78463V107 696 4,134 SH   SOLE NONE 4,134 0 0
SPDR Ptf Aggregate Bond (ARCX:SPAB) PORTFOLIO AGRGTE 78464A649 12,167 461,782 SH   SOLE NONE 461,782 0 0
Technology Select Sector SPDR TECHNOLOGY 81369Y803 3,400 26,750 SH   SOLE NONE 26,750 0 0
Vanguard Dev Mkt;ETF (ARCX:VEA) VAN FTSE DEV MKT 921943858 3,954 96,926 SH   SOLE NONE 96,926 0 0
Vanguard EM G B;ETF (XNAS:VWOB) EM MK GOV BD ETF 921946885 760 12,406 SH   SOLE NONE 12,406 0 0
VANGUARD ENERGY GROUP, INC. (OTCM:ESQF) MID CAP ETF 922908629 3,650 18,532 SH   SOLE NONE 18,532 0 0
Vanguard FTSE All-World ex-US ETF ALLWRLD EX US 922042775 3,657 73,199 SH   SOLE NONE 73,199 0 0
Vanguard Mortgage-Backed Securities ETF MTG-BKD SECS ETF 92206C771 3,100 64,855 SH   SOLE NONE 64,855 0 0
Vanguard SC G Id;ETF (ARCX:VBK) SML CP GRW ETF 922908595 3,650 18,527 SH   SOLE NONE 18,527 0 0
Vanguard Short-Term Treasury ETF SHORT TERM TREAS 92206C102 19,580 332,657 SH   SOLE NONE 332,657 0 0
WisdomTree Bloomberg U.S. Dollar Bullish Fund BLMBG US BULL 97717W471 2,700 96,749 SH   SOLE NONE 96,749 0 0
WisdomTree Emerging Markets ex State-Owned Enterprises Fund ETF EM EX ST-OWNED 97717X578 3,954 137,886 SH   SOLE NONE 137,886 0 0