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
MARATHON OIL CORP COM COM 565849106 8,327 261,037 SH   SOLE   261,037 0 0
HIGHWOODS PROPERTIES INC COM COM 431284108 7,635 242,767 SH   SOLE   242,767 0 0
COOPER INDUSTRIES PLC SHS COM G24140108 7,532 200,484 SH   SOLE   200,484 0 0
ISHARES TR DJ US BAS MATL COM 464287838 1,034 18,867 SH   SOLE   18,867 0 0
SPDR SERIES TRUST LEHMAN YLD E COM 78464A417 27,921 725,402 SH   SOLE   725,402 0 0
GAMESTOP CORP NEW CL A COM 36467W109 3,876 146,437 SH   SOLE   146,437 0 0
ISHARES TR JPMORGAN USD COM 464288281 6,893 66,910 SH   SOLE   66,910 0 0
DOVER CORP COM 260003108 3,745 96,628 SH   SOLE   96,628 0 0
POWERSHARES ETF TRUST DYN PHRM COM 73935X799 635 36,524 SH   SOLE   36,524 0 0
EXPRESS SCRIPTS INC COM 302182100 4,669 120,378 SH   SOLE   120,378 0 0
MATTEL INC COM COM 577081102 3,461 187,464 SH   SOLE   187,464 0 0
PENN NATL GAMING INC COM 707569109 3,246 117,340 SH   SOLE   117,340 0 0
TYCO ELECTRONICS LTD SWITZERSH COM H8912P106 4,043 181,455 SH   SOLE   181,455 0 0
VANGUARD WORLD FDS ENERGY ETF COM 92204A306 4,766 59,722 SH   SOLE   59,722 0 0
ALTRIA GROUP INC COM COM 02209S103 1,982 111,278 SH   SOLE   111,278 0 0
HEINZ H J CO COM 423074103 5,093 128,128 SH   SOLE   128,128 0 0
CHEVRON CORP NEW COM 166764100 2,880 40,893 SH   SOLE   40,893 0 0
SPDR TR UNIT SER 1 COM 78462F103 6,337 60,018 SH   SOLE   60,018 0 0
MICROSOFT COM 594918104 6,111 237,582 SH   SOLE   237,582 0 0
PRAXAIR INC COM 74005P104 4,556 55,772 SH   SOLE   55,772 0 0
VANGUARD WORLD FDS CONSUM STP COM 92204A207 2,241 34,869 SH   SOLE   34,869 0 0
VANGUARD TAX-MANAGED FD EUROPE COM 921943858 91,786 2,675,977 SH   SOLE   2,675,977 0 0
L-3 COMMUNICATIONS HLDGS INC COM 502424104 3,413 42,491 SH   SOLE   42,491 0 0
CULLEN FROST BANKERS INC COM 229899109 2,896 56,074 SH   SOLE   56,074 0 0
INDEPENDENT BK CORP MASS COM COM 453836108 3,269 147,736 SH   SOLE   147,736 0 0
VALLEY NATL BANCORP COM COM 919794107 3,233 304,478 SH   SOLE   304,478 0 0
HUDSON CITY BANCORP COM COM 443683107 4,840 368,073 SH   SOLE   368,073 0 0
SPDR SERIES TRUST S&P RETAIL E COM 78464A714 3,278 96,044 SH   SOLE   96,044 0 0
ISHARES TR LEHMAN CR BD COM 464288620 17,753 173,048 SH   SOLE   173,048 0 0
VANGUARD WORLD FDS INDUSTRIAL COM 92204A603 4,185 84,465 SH   SOLE   84,465 0 0
POWERSHARES ETF TRUST INTL DIV COM 73935X716 11,816 868,815 SH   SOLE   868,815 0 0
MANPOWER INC COM 56418H100 2,905 51,230 SH   SOLE   51,230 0 0
SCHEIN HENRY INC COM 806407102 3,678 66,974 SH   SOLE   66,974 0 0
VANGUARD INTL EQUITY INDEX FFT COM 922042718 25,694 319,857 SH   SOLE   319,857 0 0
SENSIENT TECHNOLOGIES CORP COM COM 81725T100 6,562 236,291 SH   SOLE   236,291 0 0
HCC INS HLDGS INC COM 404132102 4,610 168,548 SH   SOLE   168,548 0 0
POWERSHARES ETF TRUST HLTHCR S COM 73935X351 2,263 105,538 SH   SOLE   105,538 0 0
ISHARES INC MSCI PAC J IDX COM 464286665 19,626 484,240 SH   SOLE   484,240 0 0
LOWES COS INC COM COM 548661107 1,983 94,692 SH   SOLE   94,692 0 0
POWERSHARES GLOBAL ETF TRUSTGB COM 73936T623 1,080 61,781 SH   SOLE   61,781 0 0
JACK IN THE BOX INC COM 466367109 2,506 122,314 SH   SOLE   122,314 0 0
ZEBRA TECHNOLOGIES CORP CL A COM 989207105 2,909 112,174 SH   SOLE   112,174 0 0
POWERSHS DB MULTI SECT COMM DB COM 73936B705 15,828 865,859 SH   SOLE   865,859 0 0
SPDR SERIES TRUST S&P BIOTECH COM 78464A870 6,576 122,545 SH   SOLE   122,545 0 0
POWERSHARES GLOBAL ETF TRUSTSO COM 73936T573 33,131 1,266,955 SH   SOLE   1,266,955 0 0
DAVITA INC COM 23918K108 3,860 68,147 SH   SOLE   68,147 0 0
COLGATE PALMOLIVE CO COM 194162103 3,707 97,203 SH   SOLE   97,203 0 0
ISHARES TR IBOXX INV CPBD COM 464287242 23,843 223,501 SH   SOLE   223,501 0 0
COCA COLA CO COM 191216100 10,364 385,990 SH   SOLE   385,990 0 0
AFLAC INC COM 001055102 4,940 115,587 SH   SOLE   115,587 0 0
ISHARES TR S&P LTN AM 40 COM 464287390 26,130 608,942 SH   SOLE   608,942 0 0
ISHARES TR LEHMAN INTER C COM 464288638 332 3,204 SH   SOLE   3,204 0 0
MERCK & CO INC COM 589331107 3,022 95,553 SH   SOLE   95,553 0 0
HARRIS CORP DEL COM 413875105 3,472 92,353 SH   SOLE   92,353 0 0
POWERSHARES DB CMDTY IDX TRAUN COM 73935S105 20,528 930,533 SH   SOLE   930,533 0 0
ONEOK INC NEW COM 682680103 7,613 415,809 SH   SOLE   415,809 0 0
ISHARES TR S&P SMLCAP 600 COM 464287804 14,657 280,025 SH   SOLE   280,025 0 0
SPDR INDEX SHS FDS DJWS INTL R COM 78463X863 4,482 126,811 SH   SOLE   126,811 0 0
SPDR SERIES TRUST BARCLY CNV E COM 78464A359 3,695 101,960 SH   SOLE   101,960 0 0
VANGUARD INTL EQUITY INDEX FEM COM 922042858 82,447 2,139,818 SH   SOLE   2,139,818 0 0
SELECT SECTOR SPDR TR SBI INT- COM 81369Y803 2,670 127,930 SH   SOLE   127,930 0 0
TRANSOCEAN LTD ZUG NAMEN AKT COM H8817H100 3,093 36,162 SH   SOLE   36,162 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 7,309 324,569 SH   SOLE   324,569 0 0
3M CO COM 88579Y101 5,847 79,233 SH   SOLE   79,233 0 0
VANGUARD INDEX FDS SML CP GRW COM 922908595 3,734 64,998 SH   SOLE   64,998 0 0
POWERSHARES ETF TRUST DIV ACHV ETF - EQUITY 73935X732 3,895 325,980 SH   SOLE   325,980 0 0
APPLE COMPUTER INC COM 037833100 8,862 47,810 SH   SOLE   47,810 0 0
UNITED TECHNOLOGIES CORP COM 913017109 12,602 206,833 SH   SOLE   206,833 0 0
DARDEN RESTAURANTS INC COM COM 237194105 7,215 211,407 SH   SOLE   211,407 0 0
ABBOTT LABS COM 002824100 3,677 74,319 SH   SOLE   74,319 0 0
POWERSHS DB MULTI SECT COMM DB ETF - EQUITY 73936B200 24,779 702,140 SH   SOLE   702,140 0 0
ISHARES TR DJ MED DEVICES COM 464288810 9,319 185,314 SH   SOLE   185,314 0 0
HASBRO INC COM COM 418056107 3,638 131,087 SH   SOLE   131,087 0 0
WESCO INTL INC COM 95082P105 2,697 93,640 SH   SOLE   93,640 0 0
EXXON MOBIL CORP COM 30231G102 10,088 147,037 SH   SOLE   147,037 0 0
SELECT SECTOR SPDR TR SBI CONS COM 81369Y407 2,459 89,502 SH   SOLE   89,502 0 0
PROGRESSIVE CORP OHIO COM 743315103 3,995 240,979 SH   SOLE   240,979 0 0
ISHARES TR S&P MIDCAP 400 COM 464287507 14,211 206,101 SH   SOLE   206,101 0 0
BALL CORP COM 058498106 4,733 192,410 SH   SOLE   192,410 0 0
BEST BUY INC COM 086516101 3,917 104,398 SH   SOLE   104,398 0 0
CVS CORP COM 126650100 6,149 172,036 SH   SOLE   172,036 0 0
ISHARES TR MSCI EAFE IDX COM 464287465 22,445 410,483 SH   SOLE   410,483 0 0
ISHARES INC MSCI CDA INDEX COM 464286509 21,316 836,565 SH   SOLE   836,565 0 0
JPMORGAN CHASE & CO ALERIAN ML COM 46625H365 7,397 295,541 SH   SOLE   295,541 0 0
HAIN CELESTIAL GROUP INC COM 405217100 2,162 112,759 SH   SOLE   112,759 0 0
SPDR SERIES TRUST OILGAS EQUIP COM 78464A748 2,450 88,441 SH   SOLE   88,441 0 0
ISHARES TR MBS FIXED BDFD COM 464288588 7,061 66,117 SH   SOLE   66,117 0 0
CORPORATE OFFICE PPTYS TR SH B COM 22002T108 6,550 177,598 SH   SOLE   177,598 0 0
VANGUARD INTL EQUITY INDEX FEU COM 922042874 26,724 538,890 SH   SOLE   538,890 0 0
WEINGARTEN RLTY INVS SH BEN IN COM 948741103 2,229 111,922 SH   SOLE   111,922 0 0
NASDAQ OMX GROUP INC COM 631103108 3,023 143,591 SH   SOLE   143,591 0 0
CIMAREX ENERGY CO COM 171798101 2,621 60,507 SH   SOLE   60,507 0 0
WYETH COM 983024100 2,976 61,264 SH   SOLE   61,264 0 0
XTO ENERGY INC COM COM 98385X106 2,816 68,160 SH   SOLE   68,160 0 0
POWERSHARES QQQ TRUST UNIT SER COM 73935A104 20,454 484,115 SH   SOLE   484,115 0 0
ISHARES TR MSCI ACJPN IDX COM 464288182 11,931 225,032 SH   SOLE   225,032 0 0
ISHARES TR S&P NA SOFTWR COM 464287515 7,716 177,180 SH   SOLE   177,180 0 0
TRAVELERS COMPANIES INC COM 89417E109 3,912 79,468 SH   SOLE   79,468 0 0
FISERV INC COM 337738108 3,973 82,435 SH   SOLE   82,435 0 0
MCDONALDS CORP COM 580135101 4,622 80,993 SH   SOLE   80,993 0 0
PHILIP MORRIS INTL INC COM 718172109 8,708 178,666 SH   SOLE   178,666 0 0
SUPERIOR ENERGY SVCS INC COM 868157108 2,911 129,253 SH   SOLE   129,253 0 0
ISHARES TR DJ PHARMA INDX COM 464288836 1,713 32,425 SH   SOLE   32,425 0 0
ESTERLINE TECHNOLOGIES CORP CO COM 297425100 4,401 112,241 SH   SOLE   112,241 0 0
SPDR SERIES TRUST S&P OILGAS E COM 78464A730 18,169 469,968 SH   SOLE   469,968 0 0
VANGUARD WORLD FDS INF TECH ET COM 92204A702 8,600 172,350 SH   SOLE   172,350 0 0
I B M COM 459200101 12,142 101,512 SH   SOLE   101,512 0 0
ISHARES TR MID GRWTH INDX COM 464288307 5,196 73,481 SH   SOLE   73,481 0 0
DOMINION RES INC VA NEW COM 25746U109 4,308 124,875 SH   SOLE   124,875 0 0
DOLLAR TREE INC COM 256746108 3,377 208,108 SH   SOLE   208,108 0 0
JP MORGAN CHASE & CO COM COM 46625H100 8,718 198,951 SH   SOLE   198,951 0 0
FOREST OIL CORP COM PAR $0.01 COM 346091705 2,526 129,083 SH   SOLE   129,083 0 0
AMDOCS LTD ORD COM G02602103 3,685 137,084 SH   SOLE   137,084 0 0
LABORATORY CORP AMER HLDGS NEW COM 50540R409 3,911 59,528 SH   SOLE   59,528 0 0
ENDO PHARMACEUTICALS HLDGS I COM 29264F205 3,813 168,502 SH   SOLE   168,502 0 0
POLYCOM INC COM 73172K104 2,229 166,662 SH   SOLE   166,662 0 0
ILLINOIS TOOL WKS INC COM 452308109 4,729 110,735 SH   SOLE   110,735 0 0
POWERSHARES ETF TRUST NASD INT ETF - EQUITY 73935X146 1,035 43,813 SH   SOLE   43,813 0 0
HEWLETT PACKARD CO COM 428236103 2,710 57,398 SH   SOLE   57,398 0 0
SPDR SERIES TRUST S&P HOMEBUIL COM 78464A888 1,131 75,236 SH   SOLE   75,236 0 0
MID-AMER APT CMNTYS INC COM COM 59522J103 4,188 92,800 SH   SOLE   92,800 0 0
OWENS & MINOR INC NEW COM COM 690732102 2,374 78,711 SH   SOLE   78,711 0 0
HORNBECK OFFSHORE SVCS INC COM 440543106 2,798 101,516 SH   SOLE   101,516 0 0
ISHARES TR DJ US REAL EST COM 464287739 2,969 69,584 SH   SOLE   69,584 0 0
JOHNSON & JOHNSON COM 478160104 6,222 102,182 SH   SOLE   102,182 0 0
FACTSET RESEARCH SYS INC COM 303075105 1,996 30,134 SH   SOLE   30,134 0 0
CISCO SYS INC COM 17275R102 6,867 291,734 SH   SOLE   291,734 0 0
ISHARES TR LEHMAN 1-3 YR COM 464288646 1,547 14,822 SH   SOLE   14,822 0 0
SELECT SECTOR SPDR TR SBI INT- COM 81369Y605 10,825 724,578 SH   SOLE   724,578 0 0
ISHARES TR MSCI EMERG MKT COM 464287234 14,265 366,628 SH   SOLE   366,628 0 0