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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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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
ISHARES TR MSCI EMG MKT ETF 464287234 1,882 55,140 SH   SOLE   55,140 0 0
ISHARES TR S&P 500 GRWT ETF 464287309 9,663 58,548 SH   SOLE   58,548 0 0
ISHARES TR USA MOMENTUM FCT 46432F396 13,598 127,705 SH   SOLE   127,705 0 0
SELECT SECTOR SPDR TR COMMUNICATION 81369Y852 656 14,818 SH   SOLE   14,818 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 585 5,969 SH   SOLE   5,969 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 479 8,799 SH   SOLE   8,799 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 965 10,892 SH   SOLE   10,892 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 709 34,066 SH   SOLE   34,066 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 505 8,551 SH   SOLE   8,551 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 215 3,873 SH   SOLE   3,873 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 1,569 19,526 SH   SOLE   19,526 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 11,192 43,423 SH   SOLE   43,423 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 979 22,623 SH   SOLE   22,623 0 0
WISDOMTREE TR EUROPE HEDGED EQ 97717X701 1,397 27,273 SH   SOLE   27,273 0 0