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
ABB LTD COM 000375204 2,575 109,143 SH   SOLE   109,143 0 0
APPLE COMPUTER INC COM 037833100 3,018 6,331 SH   SOLE   6,331 0 0
BLACKSTONE GROUP COM 09253U108 3,316 133,245 SH   SOLE   133,245 0 0
CITIGROUP INC. COM 172967424 2,555 52,675 SH   SOLE   52,675 0 0
CVR REFINING COM 12663P107 15,318 614,176 SH   SOLE   614,176 0 0
DELTA AIR LINES COM 247361702 1,695 71,832 SH   SOLE   71,832 0 0
DIREXION DAILY GOLD MINERS BUL COM 25459Y389 7,298 145,196 SH   SOLE   145,196 0 0
DIREXION DAILY TECHNOLOGY BULL COM 25459W102 296 4,500 SH   SOLE   4,500 0 0
EL DORADO GOLD COM 284902103 2,071 308,680 SH   SOLE   308,680 0 0
FACEBOOK COM 30303M102 4,691 93,390 SH   SOLE   93,390 0 0
FMC TECHONOLOGIES COM 30249U101 1,888 34,070 SH   SOLE   34,070 0 0
GENERAL MOTORS COM 37045V100 3,053 84,877 SH   SOLE   84,877 0 0
GOLD CORP COM 380956409 2,161 83,100 SH   SOLE   83,100 0 0
GOLDMAN SACHS COM 38141G104 2,353 14,870 SH   SOLE   14,870 0 0
HORNBACK OFFSHORE SERVICES COM 440543106 2,095 36,480 SH   SOLE   36,480 0 0
HOSPITAL CORP AMER CL A COM 40412C101 4,666 109,152 SH   SOLE   109,152 0 0
I-SHARES MSCI BRAZIL (FREE) IN COM 464286400 216 4,500 SH   SOLE   4,500 0 0
IAMGOLD COM 450913108 95 20,000 SH   SOLE   20,000 0 0
ISHARES SILVER TRUST COM 46428Q109 209 10,000 SH   SOLE   10,000 0 0
J P MORGAN COM 46625H100 2,536 49,060 SH   SOLE   49,060 0 0
JOHNSON CONTROLS COM 478366107 2,423 58,375 SH   SOLE   58,375 0 0
KLA-TENCOR COM 482480100 3,532 58,045 SH   SOLE   58,045 0 0
LAM RESEARCH COM 512807108 3,542 69,180 SH   SOLE   69,180 0 0
MARRIOTT INTERNATIONAL COM 571903202 2,047 48,672 SH   SOLE   48,672 0 0
MORGAN STANLEY COM 617446448 2,034 75,484 SH   SOLE   75,484 0 0
NEWMONT MINING CORPORATION COM 651639106 2,147 76,400 SH   SOLE   76,400 0 0
OMNICARE, INC. COM 681904108 2,224 40,073 SH   SOLE   40,073 0 0
PARKERVISION INC COM 701354102 8,442 2,520,000 SH   SOLE   2,520,000 0 0
PHILLIPS 66 COM 718546104 1,127 19,490 SH   SOLE   19,490 0 0
PRICELINE.COM COM 741503403 61,061 60,400 SH   SOLE   60,400 0 0
QUALCOMM INC COM 747525103 3,316 49,262 SH   SOLE   49,262 0 0
ROCKWELL COM 773903109 3,661 34,230 SH   SOLE   34,230 0 0
S&P MIDCAP HOLDERS COM 595635103 339 1,500 SH   SOLE   1,500 0 0
SPY PROSHARES ULTRA COM 74347R107 846 10,000 SH   SOLE   10,000 0 0
TENET HEALTHCARE CORP COM 88033G407 3,539 85,926 SH   SOLE   85,926 0 0
TIDEWATER INC COM 886423102 2,834 47,740 SH   SOLE   47,740 0 0
TRW AUTOMOTIVE HOLDINGS COM 87264S106 3,164 44,365 SH   SOLE   44,365 0 0
UNITED CONTINENTAL HOLDINGS COM 910047109 3,263 106,248 SH   SOLE   106,248 0 0
US AIRWAYS GROUP COM 90341W108 2,439 128,664 SH   SOLE   128,664 0 0
VANGUARD MSCI EMERGING MARKETS COM 922042858 803 20,000 SH   SOLE   20,000 0 0
VIACOM CLASS B COM 92553P201 1,984 23,740 SH   SOLE   23,740 0 0
VODAPHONE GROUP COM 92857W209 4,060 115,400 SH   SOLE   115,400 0 0
WALTER ENERGY COM 93317Q105 2,838 202,260 SH   SOLE   202,260 0 0
YAMANA GOLD COM 98462Y100 2,214 212,930 SH   SOLE   212,930 0 0