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
AMAZON COM INC COM 023135106 2,923 9,000 SH   SOLE 0 0 9,000
AMBEV SA SPONSORED ADR 02319V103 96 13,700 SH   SOLE 0 0 13,700
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364w105 883 42,550 SH   SOLE 0 0 42,550
AMERICAN EXPRESS CO COM 025816109 2,206 23,250 SH   SOLE 0 0 23,250
APPLE INC COM 037833100 7,867 84,654 SH   SOLE 0 0 84,654
AT&T INC COM 00206R102 2,396 67,753 SH   SOLE 0 0 67,753
BANCO BILBAO VIZCAYA ARGENTA SPONSORED ADR 05946K101 2,003 156,820 SH   SOLE 0 0 156,820
BANCO SANTANDER SA ADR 05964H105 3,772 361,960 SH   SOLE 0 0 361,960
BANK OF AMERICA CORPORATION COM 060505104 12,297 800,064 SH   SOLE 0 0 800,064
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 6,220 49,150 SH   SOLE 0 0 49,150
CATERPILLAR INC DEL COM 149123101 2,829 26,030 SH   SOLE 0 0 26,030
CEMEX SAB DE CV SPON ADR NEW 151290889 16,637 1,257,539 SH   SOLE 0 0 1,257,539
CHEVRON CORP NEW COM 166764100 290 2,219 SH   SOLE 0 0 2,219
CHINA MOBILE LIMITED SPONSORED ADR 16941m109 3,935 80,950 SH   SOLE 0 0 80,950
CITIGROUP INC COM NEW 172967424 1,266 26,889 SH   SOLE 0 0 26,889
COCA COLA CO COM 191216100 5,993 141,480 SH   SOLE 0 0 141,480
COMPANHIA SIDERURGICA NACION SPONSORED ADR 20440W105 620 145,500 SH   SOLE 0 0 145,500
CRANE CO COM 224399105 937 12,600 SH   SOLE 0 0 12,600
DEERE & CO COM 244199105 7,615 84,100 SH   SOLE 0 0 84,100
DIAGEO P L C SPON ADR NEW 25243Q205 430 3,380 SH   SOLE 0 0 3,380
DIREXION SHS ETF TR DLY FIN BULL NEW 25459Y694 1,329 13,300 SH   SOLE 0 0 13,300
DIREXION SHS ETF TR DRX S&P500BULL 25459W862 3,186 41,900 SH   SOLE 0 0 41,900
EMPRESAS ICA S A DE CV SPONS ADR NEW 292448206 586 75,000 SH   SOLE 0 0 75,000
EXXON MOBIL CORP COM 30231g102 7,083 70,350 SH   SOLE 0 0 70,350
FREEPORT-MCMORAN COPPER & GO COM 35671D857 690 18,900 SH   SOLE 0 0 18,900
GENERAL ELECTRIC CO COM 369604103 10,917 415,392 SH   SOLE 0 0 415,392
GENERAL MTRS CO COM 37045V100 1,931 53,200 SH   SOLE 0 0 53,200
GERDAU S A SPON ADR REP PFD 373737105 1,048 177,900 SH   SOLE 0 0 177,900
GOOGLE INC CL A 38259P508 819 1,401 SH   SOLE 0 0 1,401
GOOGLE INC CL C 38259p706 709 1,232 SH   SOLE 0 0 1,232
HEWLETT PACKARD CO COM 428236103 461 13,700 SH   SOLE 0 0 13,700
HONDA MOTOR LTD AMERN SHS 438128308 229 6,550 SH   SOLE 0 0 6,550
INTEL CORP COM 458140100 743 24,039 SH   SOLE 0 0 24,039
ISHARES CHINA LG-CAP ETF 464287184 200 5,400 SH   SOLE 0 0 5,400
ISHARES CORE S&P MCP ETF 464287507 2,091 14,611 SH   SOLE 0 0 14,611
ISHARES EAFE SML CP ETF 464288273 1,348 25,481 SH   SOLE 0 0 25,481
ISHARES EAFE VALUE ETF 464288877 1,532 26,163 SH   SOLE 0 0 26,163
ISHARES EUROPE ETF 464287861 865 17,815 SH   SOLE 0 0 17,815
ISHARES MSCI AC ASIA ETF 464288182 335 5,345 SH   SOLE 0 0 5,345
ISHARES MSCI EAFE ETF 464287465 2,061 30,139 SH   SOLE 0 0 30,139
ISHARES MSCI EMG MKT ETF 464287234 1,616 38,110 SH   SOLE 0 0 38,110
ISHARES MSCI JAPAN ETF 464286848 3,937 327,000 SH   SOLE 0 0 327,000
ISHARES MSCI PAC JP ETF 464286665 664 13,477 SH   SOLE 0 0 13,477
ISHARES NA NAT RES 464287374 1,364 27,306 SH   SOLE 0 0 27,306
ISHARES RUS 1000 GRW ETF 464287614 327 3,592 SH   SOLE 0 0 3,592
ISHARES RUS 1000 VAL ETF 464287598 3,628 35,828 SH   SOLE 0 0 35,828
ISHARES RUSSELL 2000 ETF 464287655 1,105 9,303 SH   SOLE 0 0 9,303
ISHARES S&P 100 ETF 464287101 502 5,800 SH   SOLE 0 0 5,800
ISHARES SP SMCP600VL ETF 464287879 1,703 14,756 SH   SOLE 0 0 14,756
JOHNSON & JOHNSON COM 478160104 4,954 47,350 SH   SOLE 0 0 47,350
JPMORGAN CHASE & CO COM 46625H100 4,725 81,995 SH   SOLE 0 0 81,995
KELLOGG CO COM 487836108 2,056 31,300 SH   SOLE 0 0 31,300
KRAFT FOODS GROUP INC COM 50076Q106 271 4,526 SH   SOLE 0 0 4,526
MCDONALDS CORP COM 580135101 1,183 11,748 SH   SOLE 0 0 11,748
MERCK & CO INC NEW COM 58933Y105 2,557 44,201 SH   SOLE 0 0 44,201
MICROSOFT CORP COM 594918104 2,756 66,083 SH   SOLE 0 0 66,083
NOVARTIS A G SPONSORED ADR 66987v109 1,584 17,500 SH   SOLE 0 0 17,500
NUVEEN TEX QUALITY INCOME MU COM 670983105 168 11,700 SH   SOLE 0 0 11,700
PEABODY ENERGY CORP COM 704549104 323 19,780 SH   SOLE 0 0 19,780
PEPSICO INC COM 713448108 4,697 52,575 SH   SOLE 0 0 52,575
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654v408 2,790 190,700 SH   SOLE 0 0 190,700
POTASH CORP SASK INC COM 73755l107 275 7,250 SH   SOLE 0 0 7,250
POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 1,509 56,756 SH   SOLE 0 0 56,756
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 1,816 19,342 SH   SOLE 0 0 19,342
PROCTER & GAMBLE CO COM 742718109 4,077 51,882 SH   SOLE 0 0 51,882
PROSHARES TR ULTRAPRO QQQ 74347X831 2,961 39,600 SH   SOLE 0 0 39,600
PROSHARES TR II ULTRASHRT EURO 74347W882 806 47,300 SH   SOLE 0 0 47,300
QUALCOMM INC COM 747525103 206 2,600 SH   SOLE 0 0 2,600
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 592 6,800 SH   SOLE 0 0 6,800
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 1,624 19,718 SH   SOLE 0 0 19,718
RYDEX ETF TRUST GUG S&P500 EQ WT 78355W106 210 2,740 SH   SOLE 0 0 2,740
SANOFI SPONSORED ADR 80105N105 750 14,100 SH   SOLE 0 0 14,100
SCHLUMBERGER LTD COM 806857108 419 3,556 SH   SOLE 0 0 3,556
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 2,029 30,400 SH   SOLE 0 0 30,400
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 1,182 51,995 SH   SOLE 0 0 51,995
SONY CORP ADR NEW 835699307 335 20,000 SH   SOLE 0 0 20,000
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 8,688 51,749 SH   SOLE 0 0 51,749
SPDR GOLD TRUST GOLD SHS 78463V107 1,535 11,990 SH   SOLE 0 0 11,990
SPDR INDEX SHS FDS EURO STOXX 50 78463X202 3,266 75,485 SH   SOLE 0 0 75,485
SPDR INDEX SHS FDS S&P INTL SMLCP 78463X871 714 20,241 SH   SOLE 0 0 20,241
SPDR INDEX SHS FDS STOXX EUR 50 ETF 78463X103 1,811 46,000 SH   SOLE 0 0 46,000
SPDR S&P 500 ETF TR TR UNIT 78462F103 7,659 39,130 SH   SOLE 0 0 39,130
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 1,002 3,845 SH   SOLE 0 0 3,845
TELEFONICA S A SPONSORED ADR 879382208 6,663 388,275 SH   SOLE 0 0 388,275
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 860 16,400 SH   SOLE 0 0 16,400
TOYOTA MOTOR CORP SP ADR REP2COM 892331307 1,938 16,200 SH   SOLE 0 0 16,200
UNILEVER N V N Y SHS NEW 904784709 1,100 25,130 SH   SOLE 0 0 25,130
VALE S A ADR 91912E105 1,643 124,200 SH   SOLE 0 0 124,200
VANGUARD INDEX FDS EXTEND MKT ETF 922908652 1,866 21,267 SH   SOLE 0 0 21,267
VANGUARD INDEX FDS GROWTH ETF 922908736 3,796 38,387 SH   SOLE 0 0 38,387
VANGUARD INDEX FDS LARGE CAP ETF 922908637 1,395 15,500 SH   SOLE 0 0 15,500
VANGUARD INDEX FDS REIT ETF 922908553 862 11,515 SH   SOLE 0 0 11,515
VANGUARD INDEX FDS SM CP VAL ETF 922908611 1,719 16,297 SH   SOLE 0 0 16,297
VANGUARD INDEX FDS TOTAL STK MKT 922908769 5,146 50,567 SH   SOLE 0 0 50,567
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 2,116 40,465 SH   SOLE 0 0 40,465
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 4,327 100,315 SH   SOLE 0 0 100,315
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 210 3,500 SH   SOLE 0 0 3,500
VANGUARD INTL EQUITY INDEX F FTSE PACIFIC ETF 922042866 1,671 26,847 SH   SOLE 0 0 26,847
VANGUARD INTL EQUITY INDEX F GLB EX US ETF 922042676 356 6,127 SH   SOLE 0 0 6,127
VERIZON COMMUNICATIONS INC COM 92343V104 627 12,823 SH   SOLE 0 0 12,823
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 92857W308 750 22,472 SH   SOLE 0 0 22,472
WALGREEN CO COM 931422109 667 9,000 SH   SOLE 0 0 9,000
WAL-MART STORES INC COM 931142103 1,832 24,400 SH   SOLE 0 0 24,400
WASTE MGMT INC DEL COM 94106l109 284 6,350 SH   SOLE 0 0 6,350