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
AIRGAS INC COM 009363102 53 500 SH   OTR 1 0 500 0
ALPS EQ HIGH VOLATILITY PU US EQTHIVOLPT WR 00162Q734 8,577 340,899 SH   SOLE   340,899 0 0
ALTRIA GROUP INC COM 02209S103 7 200 SH   OTR 1 0 200 0
AMERICAN TOWER CORPORATION COM 03027X100 15,862 193,752 SH   SOLE   193,752 0 0
AMERISOURCEBERGEN CORP COM 03073E105 230 3,500 SH   OTR 1 0 3,500 0
APARTMENT INVT & MGMT CO -A CL A 03748R101 218 7,200 SH   OTR 1 0 7,200 0
AUTOMATIC DATA PROCESSING COM 053015103 240 3,100 SH   OTR 1 0 3,100 0
BARD (C.R.) INC COM 067383109 252 1,700 SH   OTR 1 0 1,700 0
BAXTER INTERNATIONAL INC COM 071813109 331 4,500 SH   OTR 1 0 4,500 0
BECTON DICKINSON & CO COM 075887109 246 2,100 SH   OTR 1 0 2,100 0
BEMIS COMPANY COM 081437105 239 6,100 SH   OTR 1 0 6,100 0
CA INC COM 12673P105 214 6,900 SH   OTR 1 0 6,900 0
CAMPBELL SOUP CO COM 134429109 166 3,700 SH   OTR 1 0 3,700 0
CARDINAL HEALTH INC COM 14149Y108 245 3,500 SH   OTR 1 0 3,500 0
CAREFUSION CORP COM 14170T101 4 100 SH   OTR 1 0 100 0
CHEVRON CORP COM 166764100 178 1,500 SH   OTR 1 0 1,500 0
CHUBB CORP COM 171232101 223 2,500 SH   OTR 1 0 2,500 0
CIGNA CORP COM 125509109 343 4,100 SH   OTR 1 0 4,100 0
CISCO SYSTEMS INC COM 17275R102 327 14,600 SH   OTR 1 0 14,600 0
CLOROX COMPANY COM 189054109 326 3,700 SH   OTR 1 0 3,700 0
CME GROUP INC COM 12572Q105 326 4,400 SH   OTR 1 0 4,400 0
COLGATE-PALMOLIVE CO COM 194162103 240 3,700 SH   OTR 1 0 3,700 0
CONAGRA FOODS INC COM 205887102 223 7,200 SH   OTR 1 0 7,200 0
CONSOLIDATED EDISON INC COM 209115104 204 3,800 SH   OTR 1 0 3,800 0
CONSUMER DISCRETIONARY SELT SBI CONS DISCR 81369Y407 1,097 16,947 SH   SOLE   10,697 0 6,250
COSTCO WHOLESALE CORP COM 22160K105 145 1,300 SH   OTR 1 0 1,300 0
CROWN CASTLE INTL CORP COM 228227104 214 2,900 SH   OTR 1 0 2,900 0
DENBURY RESOURCES INC COM NEW 247916208 321 19,600 SH   OTR 1 0 19,600 0
DENTSPLY INTERNATIONAL INC COM 249030107 78 1,700 SH   OTR 1 0 1,700 0
DIREXION DLY 20+Y TR BEAR 3X 20YR TRES BEAR 25459Y678 2,450 43,057 SH   SOLE   43,057 0 0
DOLLAR GENERAL CORP COM 256677105 216 3,900 SH   OTR 1 0 3,900 0
DOLLAR TREE INC COM 256746108 63 1,200 SH   OTR 1 0 1,200 0
DOMINION RESOURCES INC/VA COM 25746U109 241 3,400 SH   OTR 1 0 3,400 0
DR PEPPER SNAPPLE GROUP INC COM 26138E109 120 2,200 SH   OTR 1 0 2,200 0
DTE ENERGY COMPANY COM 233331107 230 3,100 SH   OTR 1 0 3,100 0
DUN & BRADSTREET CORP COM 26483E100 30 300 SH   OTR 1 0 300 0
DYNEGY INC COM 26817R108 20,436 819,416 SH   SOLE   819,416 0 0
EDISON INTERNATIONAL COM 281020107 11 200 SH   OTR 1 0 200 0
ELI LILLY & CO COM 532457108 241 4,100 SH   OTR 1 0 4,100 0
EMC CORP/MASS COM 268648102 326 11,900 SH   OTR 1 0 11,900 0
ENERGY SELECT SECTOR SPDR SBI INT-ENERGY 81369Y506 3,534 39,682 SH   SOLE   24,827 0 14,855
ENTERGY CORP COM 29364G103 308 4,600 SH   OTR 1 0 4,600 0
EXELON CORP COM 30161N101 97 2,900 SH   OTR 1 0 2,900 0
EXPEDITORS INTL WASH INC COM 302130109 139 3,500 SH   OTR 1 0 3,500 0
EXPRESS SCRIPTS HOLDING CO COM 30219G108 98 1,300 SH   OTR 1 0 1,300 0
EXXON MOBIL CORP COM 30231G102 244 2,500 SH   OTR 1 0 2,500 0
FAMILY DOLLAR STORES COM 307000109 186 3,200 SH   OTR 1 0 3,200 0
FINANCIAL SELECT SECTOR SPDR SBI INT-FINL 81369Y605 6,134 274,556 SH   SOLE   173,211 0 101,345
FIRST TRUST NASDAQ GLOBAL AU AUTO INDEX FD 33734X309 9,406 228,291 SH   SOLE   80,327 0 147,964
FIRST TRUST US IPO INDEX FUN SHS 336920103 2,795 60,916 SH   SOLE   0 0 60,916
FOSSIL GROUP INC COM 34988V106 256 2,200 SH   OTR 1 0 2,200 0
GENERAL MILLS INC COM 370334104 228 4,400 SH   OTR 1 0 4,400 0
GLOBAL X GURU INDEX ETF GLB X GURU INDEX 37950E341 15,046 609,408 SH   SOLE   381,307 0 228,101
GUGGENHEIM CHINA SMALL CAP E GUGG CHN SML CAP 18383Q853 5,210 204,805 SH   SOLE   204,805 0 0
GUGGENHEIM ENHANCED SHORT DU GUGG ENH SHT DUR 18383M654 9,180 182,646 SH   SOLE   182,646 0 0
GUGGENHEIM SPIN-OFF ETF GUGG SPINOFF ETF 18383M605 16,095 354,822 SH   SOLE   230,838 0 123,984
HEALTH CARE SELECT SECTOR SBI HEALTHCARE 81369Y209 1,161 19,851 SH   SOLE   12,473 0 7,378
HERSHEY CO/THE COM 427866108 240 2,300 SH   OTR 1 0 2,300 0
HORMEL FOODS CORP COM 440452100 261 5,300 SH   OTR 1 0 5,300 0
HUDSON CITY BANCORP INC COM 443683107 327 33,300 SH   OTR 1 0 33,300 0
HUMANA INC COM 444859102 327 2,900 SH   OTR 1 0 2,900 0
INDUSTRIAL SELECT SECT SPDR SBI INT-INDS 81369Y704 3,717 71,033 SH   SOLE   44,613 0 26,420
INTERCONTINENTALEXCHANGE GROUP COM 45866F104 218 1,100 SH   OTR 1 0 1,100 0
INTUIT INC COM 461202103 93 1,200 SH   OTR 1 0 1,200 0
ISHARES 20+ YEAR TREASURY BOND ETF 20+ YR TR BD ETF 464287432 9,944 91,150 SH   SOLE   91,150 0 0
ISHARES 7-10 YEAR TREASURY BOND ETF 7-10 Y TR BD ETF 464287440 12,957 127,371 SH   SOLE   127,371 0 0
ISHARES CORE TOTAL US BOND MARKET ETF CORE TOTUSBD ETF 464287226 25,956 240,533 SH   SOLE   240,533 0 0
ISHARES IBOXX $ INVESTMENT GRADE CORP BD IBOXX INV CP ETF 464287242 3,269 27,955 SH   SOLE   27,955 0 0
ISHARES MSCI CHINA ETF CHINA ETF 46429B671 1,734 38,549 SH   SOLE   38,549 0 0
ISHARES MSCI EAFE ETF MSCI EAFE ETF 464287465 9,109 135,550 SH   SOLE   135,550 0 0
ISHARES MSCI FRONTIER 100 MSCI FRNTR100ETF 464286145 1,723 47,534 SH   SOLE   47,534 0 0
ISHARES MSCI PHILIPPINES MSCI PHILIPS ETF 46429B408 414 12,156 SH   SOLE   12,156 0 0
ISHARES MSCI POLAND CAPPED E MSCI POL CAP ETF 46429B606 3,465 115,299 SH   SOLE   115,299 0 0
ISHARES MSCI SPAIN CAPPED ET MSCI SPAN CP ETF 464286764 3,485 85,410 SH   SOLE   85,410 0 0
ISHARES NORTH AMERICAN TECH- NA TEC-SFTWR ETF 464287515 639 7,677 SH   SOLE   7,677 0 0
ISHARES RUSSELL 1000 ETF RUS 1000 ETF 464287622 6,447 61,536 SH   SOLE   61,536 0 0
ISHARES RUSSELL 2000 RUSSELL 2000 ETF 464287655 5,596 48,103 SH   SOLE   0 0 48,103
ISHARES RUSSELL 3000 ETF RUSSELL 3000 ETF 464287689 6,439 57,335 SH   SOLE   57,335 0 0
ISHARES RUSSELL MIDCAP INDEX RUS MID-CAP ETF 464287499 6,338 40,954 SH   SOLE   22,603 0 18,351
ISHARES U.S. AEROSPACE & DEF U.S. AER&DEF ETF 464288760 1,859 17,031 SH   SOLE   10,717 0 6,314
ISHARES US HOME CONSTRUCTION US HOME CONS ETF 464288752 26,835 1,107,949 SH   SOLE   496,078 0 611,871
ISHARES USTECHNOLOGY ETF U.S. TECH ETF 464287721 6,868 75,419 SH   SOLE   47,484 0 27,935
JM SMUCKER CO/THE-NEW COMMON COM NEW 832696405 194 2,000 SH   OTR 1 0 2,000 0
JOHNSON & JOHNSON COM 478160104 246 2,500 SH   OTR 1 0 2,500 0
KELLOGG CO COM 487836108 332 5,300 SH   OTR 1 0 5,300 0
KOHLS CORP COM 500255104 125 2,200 SH   OTR 1 0 2,200 0
LABORATORY CRP OF AMER HLDGS COM NEW 50540R409 226 2,300 SH   OTR 1 0 2,300 0
LINEAR TECHNOLOGY CORP COM 535678106 88 1,800 SH   OTR 1 0 1,800 0
M & T BANK CORP COM 55261F104 328 2,700 SH   OTR 1 0 2,700 0
MACY'S INC COM 55616P104 255 4,300 SH   OTR 1 0 4,300 0
MARATHON OIL CORP COM 565849106 330 9,300 SH   OTR 1 0 9,300 0
MARKET VECTORS AFRICA INDEX AFRICA ETF 57060U787 1,149 36,937 SH   SOLE   36,937 0 0
MARKET VECTORS VIETNAM ETF VIETNAM ETF 57060U761 3,517 162,137 SH   SOLE   162,137 0 0
MARSH & MCLENNAN COS COM 571748102 247 5,000 SH   OTR 1 0 5,000 0
MCCORMICK & CO-NON VTG SHRS COM NON VTG 579780206 330 4,600 SH   OTR 1 0 4,600 0
MCDONALD'S CORP COM 580135101 245 2,500 SH   OTR 1 0 2,500 0
MCKESSON CORP COM 58155Q103 247 1,400 SH   OTR 1 0 1,400 0
MERCK & CO. INC. COM 58933Y105 57 1,000 SH   OTR 1 0 1,000 0
MICROCHIP TECHNOLOGY INC COM 595017104 258 5,400 SH   OTR 1 0 5,400 0
MOTOROLA SOLUTIONS INC COM NEW 620076307 13 200 SH   OTR 1 0 200 0
NETAPP INC COM 64110D104 210 5,700 SH   OTR 1 0 5,700 0
NEWS CORP-NEW CL A CL A 65249B109 9 500 SH   OTR 1 0 500 0
NORDSTROM INC COM 655664100 231 3,700 SH   OTR 1 0 3,700 0
NRG ENERGY INC COM NEW 629377508 70 2,200 SH   OTR 1 0 2,200 0
NVIDIA CORP COM 67066G104 52 2,900 SH   OTR 1 0 2,900 0
OCCIDENTAL PETROLEUM CORP COM 674599105 29 300 SH   OTR 1 0 300 0
O'REILLY AUTOMOTIVE INC COM 67103H107 208 1,400 SH   OTR 1 0 1,400 0
PATTERSON COS INC COM 703395103 255 6,100 SH   OTR 1 0 6,100 0
PAYCHEX INC COM 704326107 239 5,600 SH   OTR 1 0 5,600 0
PEOPLE'S UNITED FINANCIAL COM 712704105 332 22,300 SH   OTR 1 0 22,300 0
PEPCO HOLDINGS INC COM 713291102 31 1,500 SH   OTR 1 0 1,500 0
PERRIGO CO PLC SHS G97822103 232 1,500 SH   OTR 1 0 1,500 0
PHILIP MORRIS INTERNATIONAL COM 718172109 90 1,100 SH   OTR 1 0 1,100 0
PIMCO ENHANCED SHORT MATURIT ENHAN SHRT MAT 72201R833 29,105 287,114 SH   SOLE   287,114 0 0
PINNACLE WEST CAPITAL COM 723484101 131 2,400 SH   OTR 1 0 2,400 0
POWERSHARES KBW BANK KBW BK PORT 73937B746 8,370 225,420 SH   SOLE   225,420 0 0
POWERSHARES S&P 500 BUYWRITE S&P 500 BUYWRT 73936G308 8,170 387,396 SH   SOLE   387,396 0 0
POWERSHARES S&P SC INFO TECH S&P SMCP IT PO 73937B860 6,278 138,397 SH   SOLE   76,893 0 61,504
PRAXAIR INC COM 74005P104 210 1,600 SH   OTR 1 0 1,600 0
PROCTER & GAMBLE CO COM 742718109 24 300 SH   OTR 1 0 300 0
PROGRESSIVE CORP COM 743315103 46 1,900 SH   OTR 1 0 1,900 0
PROSHARES ULTRASHORT EURO ULTRASHRT EURO 74347W882 11,145 658,321 SH   SOLE   658,321 0 0
PROSHARES ULTRASHORT YEN ULTRASHORT YEN N 74347W569 3,500 51,764 SH   SOLE   51,764 0 0
PUBLIC SERVICE ENTERPRISE GP COM 744573106 210 5,500 SH   OTR 1 0 5,500 0
QUALCOMM INC COM 747525103 134 1,700 SH   OTR 1 0 1,700 0
QUEST DIAGNOSTICS COM 74834L100 324 5,600 SH   OTR 1 0 5,600 0
REYNOLDS AMERICAN INC COM 761713106 198 3,700 SH   OTR 1 0 3,700 0
SCANA CORP COM 80589M102 216 4,200 SH   OTR 1 0 4,200 0
SIGMA-ALDRICH COM 826552101 327 3,500 SH   OTR 1 0 3,500 0
SIMON PROPERTY GROUP INC COM 828806109 49 300 SH   OTR 1 0 300 0
SOUTHERN CO COM 842587107 330 7,500 SH   OTR 1 0 7,500 0
SOUTHWESTERN ENERGY CO COM 845467109 267 5,800 SH   OTR 1 0 5,800 0
SPDR BARCLAYS HIGH YIELD BOND ETF BRC HGH YLD BD 78464A417 6,497 157,233 SH   SOLE   157,233 0 0
SPDR KBW REGIONAL BANKING ET S&P REGL BKG 78464A698 18,389 444,395 SH   SOLE   169,244 0 275,151
SPDR S&P HOMEBUILDERS ETF S&P HOMEBUILD 78464A888 3,316 101,887 SH   SOLE   101,887 0 0
SPDR S&P SOFTWARE & SER ETF COMP SOFTWARE 78464A599 2,785 31,608 SH   SOLE   17,453 0 14,155
SPECTRA ENERGY CORP COM 847560109 236 6,400 SH   OTR 1 0 6,400 0
STERICYCLE INC COM 858912108 227 2,000 SH   OTR 1 0 2,000 0
STRYKER CORP COM 863667101 130 1,600 SH   OTR 1 0 1,600 0
SYSCO CORP COM 871829107 282 7,800 SH   OTR 1 0 7,800 0
TARGET CORP COM 87612E106 218 3,600 SH   OTR 1 0 3,600 0
TECO ENERGY INC COM 872375100 202 11,800 SH   OTR 1 0 11,800 0
THE INTERPUBLIC GROUP OF COMPANIES COM 460690100 130 7,584 SH   SOLE   7,584 0 0
TORCHMARK CORP COM 891027104 181 2,300 SH   OTR 1 0 2,300 0
TRAVELERS COS INC/THE COM 89417E109 111 1,300 SH   OTR 1 0 1,300 0
TYSON FOODS INC-CL A CL A 902494103 66 1,500 SH   OTR 1 0 1,500 0
UNION PACIFIC CORP COM 907818108 188 1,000 SH   OTR 1 0 1,000 0
UNITEDHEALTH GROUP INC COM 91324P102 271 3,300 SH   OTR 1 0 3,300 0
US BANCORP COM NEW 902973304 189 4,400 SH   OTR 1 0 4,400 0
VANGUARD FTSE DEVELOPED MARKETS ETF FTSE DEV MKT ETF 921943858 3,864 93,617 SH   SOLE   93,617 0 0
VANGUARD INFO TECH ETF INF TECH ETF 92204A702 17,110 186,937 SH   SOLE   114,250 0 72,687
VANGUARD REIT INDEX FUND ETF REIT ETF 922908553 6,483 91,800 SH   SOLE   91,800 0 0
VANGUARD TELECOM SERVICE ETF TELCOMM ETF 92204A884 2,704 31,770 SH   SOLE   19,931 0 11,839
VANGUARD TOTAL BOND MARKET INDEX F TOTAL BND MRKT 921937835 25,931 319,383 SH   SOLE   319,383 0 0
VANGUARD TOTAL STOCK MARKET INDEX TOTAL STK MKT 922908769 12,886 132,206 SH   SOLE   132,206 0 0
VARIAN MEDICAL SYSTEMS INC COM 92220P105 126 1,500 SH   OTR 1 0 1,500 0
VELOCITYSHARES INV VIX SH-TM INVRS VIX STERM 22542D795 708 22,406 SH   SOLE   22,406 0 0
VERISIGN INC COM 92343E102 210 3,900 SH   OTR 1 0 3,900 0
VERIZON COMMUNICATIONS INC COM 92343V104 200 4,200 SH   OTR 1 0 4,200 0
VF CORP COM 918204108 248 4,000 SH   OTR 1 0 4,000 0
WAL-MART STORES INC COM 931142103 290 3,800 SH   OTR 1 0 3,800 0
WELLPOINT INC COM 94973V107 100 1,000 SH   OTR 1 0 1,000 0
WINDSTREAM CORP COM 97382A101 240 29,100 SH   OTR 1 0 29,100 0
WISDOMTREE EUR S/C DIVIDEND EUROPE SMCP DV 97717W869 3,491 55,829 SH   SOLE   55,829 0 0
WISDOMTREE EUROPE HEDGED EQU EUROPE HEDGED EQ 97717X701 6,978 123,401 SH   SOLE   123,401 0 0
WISDOMTREE JAPAN HEDGED EQ JAPN HEDGE EQT 97717W851 15,294 323,063 SH   SOLE   323,063 0 0
XCEL ENERGY INC COM 98389B100 152 5,000 SH   OTR 1 0 5,000 0