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
DIAMONDS TR UNIT SER 1 Common Stock 252787106 6,884 46,345 SH   SOLE   6,884 0 0
SPDR S&P Divid ETF Common Stock 78464A763 39,434 594,789 SH   SOLE   39,434 0 0
Standard & Poor's Dep Receipt SPDR's Common Stock 78462F103 57,116 356,040 SH   SOLE   57,116 0 0
Ishares MSCI EMU Index Common Stock 464286608 6,109 188,110 SH   SOLE   6,109 0 0
Select Sector Financial Common Stock 81369Y605 15,444 794,276 SH   SOLE   15,444 0 0
Select Sector Consumer Discretionary Common Stock 81369Y407 7,087 125,670 SH   SOLE   7,087 0 0
Select Sector Energy Common Stock 81369Y506 6,049 77,260 SH   SOLE   6,049 0 0
SECTOR SPDR TECHNOLOGY Common Stock 81369Y803 32,450 1,060,990 SH   SOLE   32,450 0 0
Ishares Barclay TIPS Bond fund Common Stock 464287176 547 4,890 SH   SOLE   547 0 0