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
ACE Ltd. COM H0023R105 1,715 16,870 SH   SOLE 0 70 0 16,800
Aetna US Healthcare COM 00817Y108 3,265 25,612 SH   SOLE 0 69 0 25,543
Alcoa Inc. COM 013817101 3,444 308,900 SH   SOLE 0 250 0 308,650
Amdocs Ltd. COM G02602103 3,258 59,680 SH   SOLE 0 240 0 59,440
Amphenol Corporation COM 032095101 5,287 91,200 SH   SOLE 0 400 0 90,800
Anadarko Petroleum COM 032511107 3,276 41,970 SH   SOLE 0 50 0 41,920
Apache Corporation COM 037411105 628 10,900 SH   SOLE 0 50 0 10,850
Apple Computer COM 037833100 6,453 51,450 SH   SOLE 0 0 0 51,450
Applied Materials Inc. COM 038222105 1,454 75,650 SH   SOLE 0 300 0 75,350
Arch Coal COM 039380100 7 19,390 SH   SOLE 0 90 0 19,300
Archer-Daniels-Midl COM 039483102 1,877 38,930 SH   SOLE 0 160 0 38,770
Blackstone Group COM 09253u108 9,286 227,220 SH   SOLE 0 620 0 226,600
Brocade Comm. Systems COM 111621306 3,717 312,850 SH   SOLE 0 950 0 311,900
Canadian Natl. Railway COM 136375102 3,153 54,600 SH   SOLE 0 340 0 54,260
Chesapeake Energy Group COM 165167107 519 46,430 SH   SOLE 0 30 0 46,400
Cisco Systems COM 17275R102 840 30,600 SH   SOLE 0 0 0 30,600
Cognizant Tech Solutions COM 192446102 611 10,000 SH   SOLE 0 0 0 10,000
Computer Sciences Corp. COM 205363104 2,706 41,220 SH   SOLE 0 140 0 41,080
ConocoPhillilps COM 20825C104 922 15,017 SH   SOLE 0 52 0 14,965
Constellation Brands COM 21036P108 9,508 81,950 SH   SOLE 0 250 0 81,700
Costco Wholesale Corp. COM 22160K105 2,411 17,850 SH   SOLE 0 0 0 17,850
Devon Energy COM 25179m103 778 13,081 SH   SOLE 0 55 0 13,026
Duke Energy COM 26441C204 932 13,200 SH   SOLE 0 33 0 13,167
ETrade Financial Corp. COM 269246401 495 16,535 SH   SOLE 0 0 0 16,535
Ensco I'ntl. Class A COM 29358Q109 845 37,950 SH   SOLE 0 150 0 37,800
Express Scripts COM 30219G108 7,364 82,800 SH   SOLE 0 400 0 82,400
Flow Serve COM 34354P105 2,875 54,600 SH   SOLE 0 0 0 54,600
Franklin Resources Inc. COM 354613101 2,065 42,120 SH   SOLE 0 120 0 42,000
Freeport-McMoRan Inc. COM 35671D857 1,108 59,520 SH   SOLE 0 120 0 59,400
Game Stop Corp COM 36467W109 2,581 60,070 SH   SOLE 0 170 0 59,900
General Electric COM 369604103 4,214 158,600 SH   SOLE 0 400 0 158,200
General Motors Co. COM 37045V100 1,700 51,000 SH   SOLE 0 0 0 51,000
Goldman Sachs Group COM 38141G104 3,443 16,490 SH   SOLE 0 40 0 16,450
Hartford Financial Services Gr COM 416515104 1,037 24,950 SH   SOLE 0 0 0 24,950
Hewlett-Packard COM 428236103 2,636 87,830 SH   SOLE 0 260 0 87,570
Home Depot COM 437076102 3,925 35,320 SH   SOLE 0 200 0 35,120
International Business Machine COM 459200101 1,078 6,630 SH   SOLE 0 30 0 6,600
JPMorgan Chase & Co. COM 46625H100 4,312 63,640 SH   SOLE 0 200 0 63,440
Jabil Circuit Inc. COM 466313103 4,020 188,800 SH   SOLE 0 400 0 188,400
Johnson & Johnson COM 478160104 2,121 21,760 SH   SOLE 0 60 0 21,700
Joy Global COM 481165108 2,008 55,480 SH   SOLE 0 170 0 55,310
Kinder Morgan Inc. COM 49456B101 1,813 47,232 SH   SOLE 0 125 0 47,107
Kohls Corp. COM 500255104 2,013 32,150 SH   SOLE 0 100 0 32,050
Laboratory Corp. new COM 50540R409 3,903 32,200 SH   SOLE 0 100 0 32,100
Lowes COM 548661107 1,862 27,800 SH   SOLE 0 0 0 27,800
MGM Resorts International COM 552953101 2,533 138,800 SH   SOLE 0 400 0 138,400
Macy's Inc. COM 55616P104 229 3,400 SH   SOLE 0 0 0 3,400
McKesson Corp. COM 58155Q103 5,119 22,770 SH   SOLE 0 70 0 22,700
Metlife Inc. COM 59156R108 2,149 38,380 SH   SOLE 0 80 0 38,300
Microsoft Corporation COM 594918104 1,689 38,250 SH   SOLE 0 0 0 38,250
Monster Worldwide COM 611742107 170 26,050 SH   SOLE 0 100 0 25,950
NVIDIA Corporation COM 67066G104 1,469 73,030 SH   SOLE 0 130 0 72,900
Nabors Industries COM G6359F103 421 29,160 SH   SOLE 0 120 0 29,040
New York Community Bancorp COM 649445103 2,743 149,250 SH   SOLE 0 450 0 148,800
Newell Rubbermaid Inc. COM 651229106 3,063 74,500 SH   SOLE 0 0 0 74,500
Norfolk Southern COM 655844108 1,629 18,650 SH   SOLE 0 100 0 18,550
One Gas Inc. COM 68235P108 805 18,924 SH   SOLE 0 50 0 18,874
Oneok Inc. New COM 682680103 2,989 75,700 SH   SOLE 0 200 0 75,500
Phillips 66 COM 718546104 597 7,408 SH   SOLE 0 26 0 7,382
Praxair Inc. COM 74005P104 3,497 29,250 SH   SOLE 0 150 0 29,100
Prudential COM 744320102 3,917 44,750 SH   SOLE 0 80 0 44,670
Qualcomm Inc. COM 747525103 1,782 28,450 SH   SOLE 0 100 0 28,350
RTI International Metals, Inc. COM 74973W107 340 10,800 SH   SOLE 0 0 0 10,800
SanDisk Corp. COM 80004C101 5,396 92,690 SH   SOLE 0 290 0 92,400
TEVA Pharmaceuticals Ltd. COM 881624209 3,181 53,820 SH   SOLE 0 120 0 53,700
Texas Instruments COM 882508104 2,692 52,270 SH   SOLE 0 220 0 52,050
Toll Brothers COM 889478103 1,150 30,125 SH   SOLE 0 125 0 30,000
Travelers Companies Inc. COM 89417E109 2,938 30,400 SH   SOLE 0 100 0 30,300
United Technologies COM 913017109 3,315 29,880 SH   SOLE 0 100 0 29,780
Valero Energy COM 91913Y100 2,110 33,700 SH   SOLE 0 0 0 33,700
Walgreens Boots Alliance COM 931427108 3,002 35,550 SH   SOLE 0 0 0 35,550
Weatherford Int'l. PLC COM G48833100 3,040 247,720 SH   SOLE 0 120 0 247,600
Wells Fargo COM 949746101 2,374 42,220 SH   SOLE 0 120 0 42,100
Western Digital COM 958102105 5,278 67,300 SH   SOLE 0 200 0 67,100
Williams Companies COM 969457100 1,989 34,660 SH   SOLE 0 110 0 34,550
Zimmer Biomet Holdings, Inc. COM 98956P102 2,321 21,250 SH   SOLE 0 0 0 21,250