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
3M CO COM 88579Y101 1,067 6,918 SH   SOLE   1,218 0 5,700
A MARK PRECIOUS METALS INC COM 00181T107 415 39,600 SH   SOLE   39,600 0 0
ACCENTURE PLC COM g1151c101 8,303 85,798 SH   SOLE   62,377 0 23,421
ALTRIA GROUP INC COM 02209S103 2,053 41,973 SH   SOLE   15,998 0 25,975
AMAZON COM INC COM COM 023135106 12,046 27,751 SH   SOLE   19,671 0 8,080
AMERICAN EXPRESS COMPANY COM 025816109 9,826 126,434 SH   SOLE   84,949 0 41,485
AMGEN INC COM 031162100 1,174 7,644 SH   SOLE   7,644 0 0
APPLE COMPUTER INC COM 037833100 21,464 171,130 SH   SOLE   119,897 0 51,233
APTARGROUP INC COM 038336103 7,367 115,525 SH   SOLE   80,955 0 34,570
ARMOUR RESIDENTIAL REIT INC COM 042315101 56 20,000 SH   SOLE   0 0 20,000
AT&T (Formerly SBC COMM INC) COM 00206r102 214 6,021 SH   SOLE   2,337 0 3,684
BANK OF AMERICA CORP COM 060505104 255 15,000 SH   SOLE   15,000 0 0
BERKSHIRE HATHAWAY INC CL B COM 084670702 1,126 8,276 SH   SOLE   6,954 0 1,322
BION ENVIRNMNTL TECH COM 09061Q307 43 37,500 SH   SOLE   0 0 37,500
BIOTECHNOLOGY SECTOR ETF (IBB) ETF 464287556 23,590 63,935 SH   SOLE   43,115 0 20,820
BLACK DIAMOND INC COM COM 09202G101 111 12,000 SH   SOLE   12,000 0 0
BLACKROCK INC CL A COM 09247X101 8,790 25,405 SH   SOLE   17,825 0 7,580
BRISTOL MYERS SQUIBB CO COM 110122108 2,901 43,596 SH   SOLE   5,400 0 38,196
CHECK POINT SOFTWARE ORD COM M22465104 10,091 126,850 SH   SOLE   87,795 0 39,055
CHEVRON CORP COM 166764100 12,088 125,302 SH   SOLE   79,055 0 46,247
CISCO SYSTEMS INC COM 17275R102 1,024 37,296 SH   SOLE   2,096 0 35,200
COCA COLA CO COM 191216100 8,932 227,679 SH   SOLE   145,753 0 81,926
CONSUMER DISCRETIONARY SPDR (X ETF 81369y407 4,959 64,838 SH   SOLE   40,863 0 23,975
CONSUMER STAPLES SECTOR ETF (X ETF 81369Y308 1,891 39,732 SH   SOLE   24,582 0 15,150
CUMMINS INC COM 231021106 7,479 57,008 SH   SOLE   40,498 0 16,510
CVS CORP COM 126650100 9,815 93,586 SH   SOLE   65,991 0 27,595
DATALOGIC INTL INC COM 23804q102 0 22,000 SH   SOLE   22,000 0 0
DAVITA INC COM 23918K108 238 3,000 SH   SOLE   3,000 0 0
DEERE & CO COM COM 244199105 1,634 16,836 SH   SOLE   0 0 16,836
DIRECTV COM CL A COM 25490A309 838 9,036 SH   SOLE   9,036 0 0
DISNEY WALT CO COM 254687106 26,443 231,674 SH   SOLE   128,640 0 103,034
EMC CORP-MASS COM 268648102 7,150 270,940 SH   SOLE   190,534 0 80,406
EMERGING MARKETS ETF (VWO) ETF 922042858 10,180 249,013 SH   SOLE   172,372 0 76,641
ENERGY SECTOR ETF (XLE) ETF 81369Y506 2,833 37,686 SH   SOLE   22,778 0 14,908
EXPRESS SCRIPTS INC COM COM 30219g108 461 5,185 SH   SOLE   5,185 0 0
EXXON MOBIL CORP COM 30231G102 6,898 82,905 SH   SOLE   15,553 0 67,352
FACEBOOK INC COM 30303m102 8,516 99,296 SH   SOLE   73,741 0 25,555
FEDEX CORP COM COM 31428X106 9,859 57,860 SH   SOLE   40,710 0 17,150
FINANCIAL SECTOR ETF (XLF) ETF 81369Y605 3,982 163,343 SH   SOLE   99,828 0 63,515
FLUOR CORP NEW COM COM 343412102 7,875 148,554 SH   SOLE   104,607 0 43,947
GABRIEL TECHNOLOGIES COM *SUSP COM 362447104 0 25,000 SH   SOLE   25,000 0 0
GENERAL ELECTRIC CO COM 369604103 15,563 585,729 SH   SOLE   354,562 0 231,167
GENERAL MILLS INC COM 370334104 1,404 25,200 SH   SOLE   1,000 0 24,200
GOLDMAN SACHS GROUP INC COM 38141G104 12,699 60,820 SH   SOLE   42,335 0 18,485
GOOGLE INC. CLASS A COM 38259P508 8,180 15,147 SH   SOLE   10,859 0 4,288
GOOGLE INC. CLASS C COM 38259P706 5,685 10,921 SH   SOLE   7,813 0 3,108
HEALTHCARE SECTOR ETF (XLV) ETF 81369Y209 4,080 54,853 SH   SOLE   33,780 0 21,073
HONEYWELL INTL INC COM 438516106 734 7,200 SH   SOLE   200 0 7,000
HUDSON PACIFIC PPTYS INC COM RE 444097109 1,353 47,700 SH   SOLE   47,700 0 0
ILLUMINA INC COM COM 452327109 7,064 32,350 SH   SOLE   23,715 0 8,635
INDUSTRIAL SECTOR ETF (XLI) ETF 81369Y704 4,503 83,287 SH   SOLE   51,622 0 31,665
INFORMATION TECHNOLOGY SECTOR ETF 464287721 8,993 85,913 SH   SOLE   42,680 0 43,233
INTEL CORP COM 458140100 8,444 277,623 SH   SOLE   184,797 0 92,826
INTERNATIONAL BUSINESS MACHINE COM 459200101 1,554 9,553 SH   SOLE   200 0 9,353
J P MORGAN CHASE AND CO COM 46625H100 9,957 146,947 SH   SOLE   93,972 0 52,975
JOHNSON AND JOHNSON CO COM 478160104 14,933 153,221 SH   SOLE   94,798 0 58,423
KIMBERLY CLARK CORP COM 494368103 9,346 88,194 SH   SOLE   55,548 0 32,646
KRAFT FOODS GROUP INC COM 500754106 508 5,966 SH   SOLE   0 0 5,966
MCDONALDS CORP COM 580135101 1,698 17,857 SH   SOLE   57 0 17,800
MERCK AND CO INC COM 58933y105 15,032 264,045 SH   SOLE   124,805 0 139,240
MICROSOFT CORP COM 594918104 13,670 309,623 SH   SOLE   145,324 0 164,299
MONDELEZ INTERNATIONAL, INC. COM 609207105 754 18,333 SH   SOLE   1,000 0 17,333
NIKE INC-CL B COM 654106103 14,915 138,079 SH   SOLE   93,961 0 44,118
OIL & GAS EXPL & PROD SECTOR E ETF 73935x658 216 7,445 SH   SOLE   3,695 0 3,750
OREXIGEN THERAPEUTICS, INC. COM 686164104 99 20,000 SH   SOLE   20,000 0 0
PENN WEST PETROLEUM LTD COM 707887105 24 14,000 SH   SOLE   14,000 0 0
PEPSICO INC COM 713448108 1,097 11,750 SH   SOLE   700 0 11,050
PFIZER INC COM 717081103 2,817 84,028 SH   SOLE   7,970 0 76,058
PHILIP MORRIS INTL INC COM COM 718172109 2,580 32,183 SH   SOLE   7,630 0 24,553
POWERSHARES QQQ TRUST UNIT SER ETF 73935a104 356 3,322 SH   SOLE   2,972 0 350
PROCTER AND GAMBLE CO COM 742718109 1,197 15,305 SH   SOLE   1,200 0 14,105
QUALCOMM INC COM 747525103 10,856 173,330 SH   SOLE   122,020 0 51,311
RIO TINTO PLC COM 767204100 257 6,244 SH   SOLE   0 0 6,244
ROCHE HLDG LTD ADR ADR 771195104 7,239 206,580 SH   SOLE   146,015 0 60,565
ROYAL DUTCH SHELL CL A ADR 780259206 563 9,867 SH   SOLE   0 0 9,867
S&P 400 MIDCAP SPDRS ETF 78467y107 321 1,175 SH   SOLE   1,175 0 0
S&P 500 EQUITY INDEX ETF (SPY) ETF 78462F103 19,314 93,826 SH   SOLE   59,894 0 33,932
SAP AKTIENGESELLSCHAFT SPONSOR ADR 803054204 7,202 102,553 SH   SOLE   71,518 0 31,035
SCHLUMBERGER LTD COM 806857108 12,942 150,155 SH   SOLE   96,568 0 53,587
SEALED AIR CORP NEW COM 81211K100 915 17,800 SH   SOLE   0 0 17,800
SMUCKER J M COMPANY NEW COM 832696405 217 2,000 SH   SOLE   0 0 2,000
SOUTHERN CO COM 842587107 294 7,023 SH   SOLE   6,673 0 350
SPDR EURO STOXX 50 (FEZ) ETF 78463x202 7,830 209,181 SH   SOLE   145,601 0 63,580
STANDARD & POORS GROWTH INDEX ETF 464287309 730 6,410 SH   SOLE   6,410 0 0
STANDARD PAC CORP NEW COM COM 85375C101 598 67,100 SH   SOLE   67,100 0 0
TECH NETWORKING HARDWARE ETF ( ETF 464287531 2,044 53,651 SH   SOLE   29,986 0 23,665
TESLA MTRS INC COM COM 88160r101 417 1,555 SH   SOLE   1,555 0 0
TEXAS INSTRUMENTS INC COM 882508104 350 6,800 SH   SOLE   0 0 6,800
TIGER X MED INC COM COM 88677A104 26 285,714 SH   SOLE   285,714 0 0
UNION PACIFIC CORP COM 907818108 8,649 90,685 SH   SOLE   59,370 0 31,315
UNITED TECHNOLOGIES CORP COM 913017109 11,501 103,675 SH   SOLE   64,000 0 39,675
VANGUARD INDEX TRUST 500 PORTF MF 922908108 256 1,345 SH   SOLE   1,345 0 0
VERIZON COMMUNICATIONS COM 92343V104 310 6,660 SH   SOLE   2,660 0 4,000
WAL MART STORES INC COM 931142103 407 5,741 SH   SOLE   3,291 0 2,450
WATER INFRASTRUCTURE SECTOR ET ETF 73935X575 1,330 53,318 SH   SOLE   32,956 0 20,362
WELLS FARGO & CO COM 949746101 8,878 157,868 SH   SOLE   107,478 0 50,390
WORLDWIDE MEDICAL CORP DEL COM 98159s101 0 28,850 SH   SOLE   28,850 0 0
XYLEM INC COM 98419m100 8,188 220,876 SH   SOLE   157,040 0 63,837
YPF SOCIEDAD ANONIMA SPONSORED ADR 984245100 219 8,000 SH   SOLE   8,000 0 0