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 1,061 7,821 SH   SOLE   7,821 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 2,383 65,100 SH   SOLE   65,100 0 0
APPLE INC COM 037833100 3,184 5,933 SH   SOLE   5,933 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 1,137 26,200 SH   SOLE   26,200 0 0
BANK OF AMERICA CORPORATION COM 060505104 3,853 224,000 SH   SOLE   224,000 0 0
BECTON DICKINSON & CO COM 075887109 1,089 9,300 SH   SOLE   9,300 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 1,116 21,486 SH   SOLE   21,486 0 0
CA INC COM 12673P105 1,038 33,500 SH   SOLE   33,500 0 0
CAMPBELL SOUP CO COM 134429109 933 20,794 SH   SOLE   20,794 0 0
CAPITOL ACQUISITION CORP II UNIT 99/99/9999 14056V204 1,337 130,484 SH   SOLE   130,484 0 0
CARLYLE GROUP L P COM UTS LTD PTN 14309l102 2,431 69,170 SH   SOLE   69,170 0 0
CONAGRA FOODS INC COM 205887102 817 26,338 SH   SOLE   26,338 0 0
CONOCOPHILLIPS COM 20825C104 988 14,050 SH   SOLE   14,050 0 0
CONVERSANT INC COM 21249J105 2,973 105,625 SH   SOLE   105,625 0 0
CUSTOMERS BANCORP INC COM 23204G100 808 38,700 SH   SOLE   38,700 0 0
DARDEN RESTAURANTS INC COM 237194105 899 17,715 SH   SOLE   17,715 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 992 14,779 SH   SOLE   14,779 0 0
EMERSON ELEC CO COM 291011104 1,017 15,231 SH   SOLE   15,231 0 0
ENERGY TRANSFER PRTNRS L P UNIT LTD PARTN 29273R109 924 17,175 SH   SOLE   17,175 0 0
GENERAL ELECTRIC CO COM 369604103 967 37,350 SH   SOLE   37,350 0 0
INTEL CORP COM 458140100 2,969 115,000 SH   SOLE   115,000 0 0
JOHNSON & JOHNSON COM 478160104 1,042 10,608 SH   SOLE   10,608 0 0
K12 INC COM 48273u102 1,762 77,812 SH   SOLE   77,812 0 0
LAZARD LTD SHS A G54050102 2,585 54,900 SH   SOLE   54,900 0 0
MARVELL TECHNOLOGY GROUP LTD ORD g5876h105 2,047 130,000 SH   SOLE   130,000 0 0
METLIFE INC COM 59156r108 3,031 57,400 SH   SOLE   57,400 0 0
MICROSOFT CORP COM 594918104 3,558 86,800 SH   SOLE   86,800 0 0
NATIONAL OILWELL VARCO INC COM 637071101 1,908 24,500 SH   SOLE   24,500 0 0
NETAPP INC COM 64110D104 1,328 36,000 SH   SOLE   36,000 0 0
NORFOLK SOUTHERN CORP COM 655844108 1,093 11,250 SH   SOLE   11,250 0 0
NVR INC COM 62944T105 3,498 3,050 SH   SOLE   3,050 0 0
ORACLE CORP COM 68389X105 2,160 52,800 SH   SOLE   52,800 0 0
PFIZER INC COM 717081103 935 29,122 SH   SOLE   29,122 0 0
PROCTER & GAMBLE CO COM 742718109 857 10,634 SH   SOLE   10,634 0 0
PROSHARES TR PSHS ULTSH 20YRS 74347b201 2,525 37,385 SH   SOLE   37,385 0 0
QUEST DIAGNOSTICS INC COM 74834L100 847 14,615 SH   SOLE   14,615 0 0
SWIFT TRANSN CO CL A 87074u101 3,459 139,750 SH   SOLE   139,750 0 0
SYSCO CORP COM 871829107 832 23,041 SH   SOLE   23,041 0 0
TARGET CORP COM 87612E106 767 12,680 SH   SOLE   12,680 0 0
TIME WARNER INC COM NEW 887317303 1,056 16,163 SH   SOLE   16,163 0 0
UNITED CONTL HLDGS INC COM 910047109 4,865 109,000 SH   SOLE   109,000 0 0
VIACOM INC NEW CL B 92553p201 1,150 13,530 SH   SOLE   13,530 0 0