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
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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
POWERSHARES EXCHANGE TRADED FD TR DYNAMIC PHARMACEUTICALS PORTFOLIO ETF 73935X799 17,215 270,458 SH   SOLE   270,458 0 0
ISHARES NASDAQ BIOTECHNOLOGY ETF ETF 464287556 11,309 41,329 SH   SOLE   41,329 0 0
GLOBAL X FDS GLOBAL X SUPERDIVIDEND U S ETF ETF 37950E291 12,618 434,342 SH   SOLE   434,342 0 0
ISHARES US TECHNOLOGY ETF ETF 464287721 17,425 172,933 SH   SOLE   172,933 0 0
ISHARES U S HEALTHCARE PROVIDERS ETF ETF 464288828 17,606 164,754 SH   SOLE   164,754 0 0
MARKET VECTORS ETF PHARMACEUTICAL ETF ETF 57060U217 8,128 127,857 SH   SOLE   127,857 0 0
SECTOR SPDR TR SHS BEN INT TECHNOLOGY ETF 81369Y803 6,314 158,237 SH   SOLE   158,237 0 0
FIRST TR ISE CHINDIA INDEX FD ETF 33733A102 3,322 112,609 SH   SOLE   112,609 0 0
SPDR SERIES TRUST S&P HEALTH CARE SVCS ETF ETF 78464A573 10,136 98,654 SH   SOLE   98,654 0 0
MARKET VECTORS ETF TRUST GYPT INDEX ETF NEW ISIN #US57061R5697 SEDOL #BBR6X64 ETF 57061R569 3,526 48,784 SH   SOLE   48,784 0 0
ISHARES TR PHLX SEMICONDUCTOR ETF ETF 464287523 3,577 41,181 SH   SOLE   41,181 0 0
WISDOMTREE TR INDIA EARNINGS FD ETF 97717W422 3,514 160,404 SH   SOLE   160,404 0 0
POWERSHARES QQQ TR UNIT SER 1 ETF 73935A104 3,603 36,467 SH   SOLE   36,467 0 0
ISHARES 20+ YEAR TREASURY BOND ETF ETF 464287432 3,622 31,151 SH   SOLE   31,151 0 0
SPDR SER TR S&P SEMICONDUCTOR ETF ETF 78464A862 3,591 48,921 SH   SOLE   48,921 0 0
FIRST TR EXCHANGE TRADED FD VI NASDAQ TECH DIVID INDEX FD ETF 33738R118 504 18,624 SH   SOLE   18,624 0 0
SPDR SER TR S&P PHARMACEUTICALS ETF ETF 78464A722 10,289 97,061 SH   SOLE   97,061 0 0
FIRST TR ETF IV NORTH AMERN ENERGY INFRASTR ETF 33738D101 495 18,224 SH   SOLE   18,224 0 0
GLOBAL X FDS GLOBAL CHINA MATERIALS ETF NEW ETF 37950E242 274 18,107 SH   SOLE   18,107 0 0
MARKET VECTORS ETF TRUST SEMICONDUCTOR ETF ETF 57060U233 820 16,044 SH   SOLE   16,044 0 0
FIRST TR NASDAQ CLEAN EDGE GREEN ENERGY INDEX FD ETF 33733E500 274 14,374 SH   SOLE   14,374 0 0
ISHARES GLOBAL TECH ETF ETF 464287291 787 8,598 SH   SOLE   8,598 0 0
CLAYMORE EXCHANGE TRADED FD TR 2 GUGGENHEIM SOLAR ETF ETF 18383Q739 265 6,530 SH   SOLE   6,530 0 0
ISHARES NORTH AMERICAN TECH ETF ETF 464287549 289 2,953 SH   SOLE   2,953 0 0