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
CELGENE CORP COM 151020104 739 8,600 SH   SOLE 8,600 0 0
EXXON MOBIL CORP COM 30231G102 506 5,027 SH   SOLE 5,027 0 0
GLOBALSTAR INC COM 378973408 98 23,000 SH   SOLE 23,000 0 0
INDEXIQ ETF TR IQ HEDGMKT NUT 45409B503 6,502 250,266 SH   SOLE 250,266 0 0
INDEXIQ ETF TR IQ REAL RTN ETF 45409B602 13,086 491,218 SH   SOLE 491,218 0 0
ISHARES EM MK MINVOL ETF 464286533 1,948 32,424 SH   SOLE 32,424 0 0
ISHARES MSCI SZ CAP ETF 464286749 522 15,223 SH   SOLE 15,223 0 0
ISHARES MSCI SWEDEN ETF 464286756 2,436 69,041 SH   SOLE 69,041 0 0
ISHARES MSCI SPAN CP ETF 464286764 3,720 86,884 SH   SOLE 86,884 0 0
ISHARES MSCI GERMANY ETF 464286806 3,384 108,184 SH   SOLE 108,184 0 0
ISHARES MSCI MALAYSI ETF 464286830 1,798 113,237 SH   SOLE 113,237 0 0
ISHARES MSCI ITALCPD ETF 464286855 333 19,170 SH   SOLE 19,170 0 0
ISHARES EUR DEV RE ETF 464288471 4,357 113,928 SH   SOLE 113,928 0 0
ISHARES 1-3 YR CR BD ETF 464288646 26,905 254,587 SH   SOLE 254,587 0 0
ISHARES U.S. PHARMA ETF 464288836 361 2,670 SH   SOLE 2,670 0 0
ISHARES MSCI EURO FL ETF 464289180 3,269 132,505 SH   SOLE 132,505 0 0
ISHARES TR 2018 CP TM ETF 46432FAW7 4,341 41,745 SH   SOLE 41,745 0 0
ISIS PHARMACEUTICALS INC COM 464330109 233 6,750 SH   SOLE 6,750 0 0
PIMCO ETF TR 1-5 US TIP IDX 72201R205 7,268 135,675 SH   SOLE 135,675 0 0
PIMCO ETF TR TOTL RETN ETF 72201R775 7,098 65,119 SH   SOLE 65,119 0 0
PIMCO ETF TR INTER MUN BD ST 72201R866 12,414 233,305 SH   SOLE 233,305 0 0
POWERSHARES ETF TR II S&P SMCP HC PO 73937B886 1,609 28,511 SH   SOLE 28,511 0 0
REVENUESHARES ETF TR SMALL CAP FD 761396308 6,816 121,072 SH   SOLE 121,072 0 0
RITE AID CORP COM 767754104 72 10,000 SH   SOLE 10,000 0 0
RYDEX ETF TRUST GUG S&P500 EQ WT 78355W106 26,770 348,981 SH   SOLE 348,981 0 0
RYDEX ETF TRUST GUG RUSS MCP EQL 78355W577 390 7,624 SH   SOLE 7,624 0 0
RYDEX ETF TRUST GUG S&P SC500 EQ 78355W882 318 3,939 SH   SOLE 3,939 0 0
SCHWAB STRATEGIC TR US BRD MKT ETF 808524102 13,046 273,393 SH   SOLE 273,393 0 0
SCHWAB STRATEGIC TR US MID-CAP ETF 808524508 2,780 69,097 SH   SOLE 69,097 0 0
SCHWAB STRATEGIC TR US SML CAP ETF 808524607 2,761 50,371 SH   SOLE 50,371 0 0
SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 2,558 98,272 SH   SOLE 98,272 0 0
SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 7,579 229,810 SH   SOLE 229,810 0 0
SPDR INDEX SHS FDS INTL HLTH ETF 78463X681 4,574 92,555 SH   SOLE 92,555 0 0
SPDR INDEX SHS FDS CONSM SPLS ETF 78463X723 3,546 84,856 SH   SOLE 84,856 0 0
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 4,941 118,410 SH   SOLE 118,410 0 0
SPDR SERIES TRUST NUVN BR SHT MUNI 78464A425 24,710 1,015,610 SH   SOLE 1,015,610 0 0
SPDR SERIES TRUST DB INT GVT ETF 78464A490 5,237 84,454 SH   SOLE 84,454 0 0
SPDR SERIES TRUST AEROSPACE DEF 78464A631 300 3,012 SH   SOLE 3,012 0 0
SPDR SERIES TRUST S&P BK ETF 78464A797 310 9,268 SH   SOLE 9,268 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 208 4,244 SH   SOLE 4,244 0 0
WISDOMTREE TR MDCP EARN FUND 97717W570 6,886 74,483 SH   SOLE 74,483 0 0