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
7 DAYS GROUP HLDGS LTD ADR 81783J101 316 22,937 SH   SOLE 22,937 0 0
ABBVIE INC COM 00287Y109 397 9,600 SH   SOLE 9,600 0 0
ACCO BRANDS CORP COM 00081T108 118 18,500 SH   SOLE 18,500 0 0
ACQUITY GROUP LTD SPONSORED ADR 00489C103 301 23,311 SH   SOLE 23,311 0 0
ACXIOM CORP COM 005125109 370 16,300 SH   SOLE 16,300 0 0
AGENUS INC COM NEW 00847G705 111 29,256 SH   SOLE 29,256 0 0
ALEXANDER & BALDWIN INC NEW COM 014491104 624 15,700 SH   SOLE 15,700 0 0
ALLETE INC COM NEW 018522300 229 4,600 SH   SOLE 4,600 0 0
AMC NETWORKS INC CL A 00164V103 431 6,600 SH   SOLE 6,600 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 216 9,400 SH   SOLE 9,400 0 0
AMERISTAR CASINOS INC COM 03070Q101 4,758 181,000 SH   SOLE 181,000 0 0
ANIXTER INTL INC COM 035290105 371 4,900 SH   SOLE 4,900 0 0
ANNALY CAP MGMT INC COM 035710409 367 29,200 SH   SOLE 29,200 0 0
APOLLO GROUP INC CL A 037604105 1,368 77,200 SH   SOLE 77,200 0 0
APPLE INC COM 037833100 397 1,000 SH   SOLE 1,000 0 0
ASCENT CAP GROUP INC COM SER A 043632108 234 3,000 SH   SOLE 3,000 0 0
ASIAINFO-LINKAGE INC COM 04518A104 981 85,000 SH   SOLE 85,000 0 0
ASSISTED LIVING CONCPT NEV N CL A NEW 04544X300 2,800 234,143 SH   SOLE 234,143 0 0
ASTRONICS CORP COM 046433108 225 5,500 SH   SOLE 5,500 0 0
AURICO GOLD INC COM 05155C105 135 30,900 SH   SOLE 30,900 0 0
AUTOZONE INC COM 053332102 297 700 SH   SOLE 700 0 0
AXIALL CORP COM 05463D100 775 18,200 SH   SOLE 18,200 0 0
BABCOCK & WILCOX CO NEW COM 05615F102 613 20,400 SH   SOLE 20,400 0 0
BEAM INC COM 073730103 839 13,300 SH   SOLE 13,300 0 0
BELDEN INC COM 077454106 359 7,200 SH   SOLE 7,200 0 0
BELO CORP COM SER A 080555105 209 15,000 SH   SOLE 15,000 0 0
BMC SOFTWARE INC COM 055921100 3,069 68,000 SH   SOLE 68,000 0 0
BOB EVANS FARMS INC COM 096761101 366 7,800 SH   SOLE 7,800 0 0
BRADY CORP CL A 104674106 372 12,100 SH   SOLE 12,100 0 0
BUCKEYE TECHNOLOGIES INC COM 118255108 1,137 30,700 SH   SOLE 30,700 0 0
CAPLEASE INC COM 140288101 933 110,500 SH   SOLE 110,500 0 0
CARNIVAL CORP PAIRED CTF 143658300 394 11,500 SH   SOLE 11,500 0 0
CASH AMER INTL INC COM 14754D100 368 8,100 SH   SOLE 8,100 0 0
CBRE GROUP INC CL A 12504L109 528 22,600 SH   SOLE 22,600 0 0
CENTRAIS ELETRICAS BRASILEIR SPONSORED ADR 15234Q207 65 30,800 SH   SOLE 30,800 0 0
CFS BANCORP INC COM 12525D102 648 60,488 SH   SOLE 60,488 0 0
CHILDRENS PL RETAIL STORES I COM 168905107 367 6,700 SH   SOLE 6,700 0 0
CLARCOR INC COM 179895107 365 7,000 SH   SOLE 7,000 0 0
CLEARWIRE CORP NEW CL A 18538Q105 2,351 470,600 SH   SOLE 470,600 0 0
COLONIAL PPTYS TR COM SH BEN INT 195872106 4,896 203,000 SH   SOLE 203,000 0 0
COMCAST CORP NEW CL A SPL 20030N200 1,796 45,282 SH   SOLE 45,282 0 0
CONTANGO OIL & GAS COMPANY COM NEW 21075N204 216 6,400 SH   SOLE 6,400 0 0
CONVERGYS CORP COM 212485106 370 21,200 SH   SOLE 21,200 0 0
COOPER TIRE & RUBR CO COM 216831107 1,493 45,000 SH   SOLE 45,000 0 0
COVIDIEN PLC SHS G2554F113 1,879 29,900 SH   SOLE 29,900 0 0
DELL INC COM 24702R101 2,465 185,000 SH   SOLE 185,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 234 12,500 SH   SOLE 12,500 0 0
DISCOVERY COMMUNICATNS NEW COM SER C 25470F302 436 6,254 SH   SOLE 6,254 0 0
DISH NETWORK CORP CL A 25470M109 302 7,100 SH   SOLE 7,100 0 0
ELAN PLC ADR 284131208 779 55,100 SH   SOLE 55,100 0 0
ENGILITY HLDGS INC COM 29285W104 228 8,037 SH   SOLE 8,037 0 0
ENZO BIOCHEM INC COM 294100102 31 15,000 SH   SOLE 15,000 0 0
EURONET WORLDWIDE INC COM 298736109 310 9,731 SH   SOLE 9,731 0 0
EVERCORE PARTNERS INC CLASS A 29977A105 715 18,200 SH   SOLE 18,200 0 0
EXACTTARGET INC COM 30064K105 1,470 43,600 SH   SOLE 43,600 0 0
EXELIS INC COM 30162A108 1,027 74,500 SH   SOLE 74,500 0 0
EXTERRAN HLDGS INC COM 30225X103 366 13,000 SH   SOLE 13,000 0 0
EXXON MOBIL CORP COM 30231G102 524 5,800 SH   SOLE 5,800 0 0
FEIHE INTL INC COM 31429Y103 296 40,000 SH   SOLE 40,000 0 0
FELCOR LODGING TR INC COM 31430F101 231 39,100 SH   SOLE 39,100 0 0
FERRO CORP COM 315405100 149 21,400 SH   SOLE 21,400 0 0
FIRST HORIZON NATL CORP COM 320517105 771 68,800 SH   SOLE 68,800 0 0
FIRST M & F CORP COM 320744105 643 40,642 SH   SOLE 40,642 0 0
FISHER COMMUNICATIONS INC COM 337756209 660 16,077 SH   SOLE 16,077 0 0
FOREST OIL CORP COM PAR $0.01 346091705 327 80,000 SH   SOLE 80,000 0 0
FORTUNE BRANDS HOME & SEC IN COM 34964C106 736 19,000 SH   SOLE 19,000 0 0
FTI CONSULTING INC COM 302941109 368 11,200 SH   SOLE 11,200 0 0
GARDNER DENVER INC COM 365558105 3,060 40,700 SH   SOLE 40,700 0 0
GENUINE PARTS CO COM 372460105 281 3,600 SH   SOLE 3,600 0 0
GOOGLE INC CL A 38259P508 264 300 SH   SOLE 300 0 0
GREEN MTN COFFEE ROASTERS IN COM 393122106 226 3,000 SH   SOLE 3,000 0 0
GREENHILL & CO INC COM 395259104 366 8,000 SH   SOLE 8,000 0 0
GROUP 1 AUTOMOTIVE INC COM 398905109 367 5,700 SH   SOLE 5,700 0 0
HARBINGER GROUP INC COM 41146A106 150 19,900 SH   SOLE 19,900 0 0
HARMONY GOLD MNG LTD SPONSORED ADR 413216300 148 38,900 SH   SOLE 38,900 0 0
HEALTH MGMT ASSOC INC NEW CL A 421933102 204 13,000 SH   SOLE 13,000 0 0
HERBALIFE LTD COM USD SHS G4412G101 506 11,200 SH   SOLE 11,200 0 0
HILLSHIRE BRANDS CO COM 432589109 887 26,800 SH   SOLE 26,800 0 0
HITTITE MICROWAVE CORP COM 43365Y104 238 4,100 SH   SOLE 4,100 0 0
HSN INC COM 404303109 591 11,000 SH   SOLE 11,000 0 0
HUDSON CITY BANCORP COM 443683107 3,977 433,500 SH   SOLE 433,500 0 0
HUNTINGTON INGALLS INDS INC COM 446413106 587 10,400 SH   SOLE 10,400 0 0
ILLINOIS TOOL WKS INC COM 452308109 519 7,500 SH   SOLE 7,500 0 0
IMMUNOCELLULAR THERAPEUTICS COM 452536105 45 23,200 SH   SOLE 23,200 0 0
INERGY L P UNIT LTD PTNR 456615103 210 13,100 SH   SOLE 13,100 0 0
INTEGRATED DEVICE TECHNOLOGY COM 458118106 372 46,900 SH   SOLE 46,900 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 497 2,600 SH   SOLE 2,600 0 0
INTERNATIONAL SPEEDWAY CORP CL A 460335201 205 6,500 SH   SOLE 6,500 0 0
ISHARES INC MSCI CDA INDEX 464286509 785 30,000 SH   SOLE 30,000 0 0
ISHARES TR MSCI EMERG MKT 464287234 774 20,100 SH   SOLE 20,100 0 0
ISHARES TR RUSSELL 2000 464287655 1,614 16,636 SH   SOLE 16,636 0 0
ISHARES TR CORE S&P SCP ETF 464287804 5,509 61,004 SH   SOLE 61,004 0 0
ISHARES TR BARCLYS INTER GV 464288612 1,006 9,156 SH   SOLE 9,156 0 0
ISHARES TR BARCLYS 1-3YR CR 464288646 1,057 10,065 SH   SOLE 10,065 0 0
ITT CORP NEW COM NEW 450911201 391 13,300 SH   SOLE 13,300 0 0
KEYNOTE SYS INC COM 493308100 375 19,000 SH   SOLE 19,000 0 0
KRAFT FOODS GROUP INC COM 50076Q106 330 5,900 SH   SOLE 5,900 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 7,047 103,799 SH   SOLE 103,799 0 0
LIBERTY INTERACTIVE CORP INT COM SER A 53071M104 412 17,900 SH   SOLE 17,900 0 0
LIBERTY INTERACTIVE CORP LBT VENT COM A 53071M880 513 6,030 SH   SOLE 6,030 0 0
LIFE TECHNOLOGIES CORP COM 53217V109 2,220 30,000 SH   SOLE 30,000 0 0
LUFKIN INDS INC COM 549764108 3,227 36,478 SH   SOLE 36,478 0 0
MADISON SQUARE GARDEN CO CL A 55826P100 403 6,800 SH   SOLE 6,800 0 0
MANHATTAN ASSOCS INC COM 562750109 370 4,800 SH   SOLE 4,800 0 0
MARATHON PETE CORP COM 56585A102 853 12,000 SH   SOLE 12,000 0 0
MARKET LEADER INC COM 57056R103 382 35,713 SH   SOLE 35,713 0 0
MARRIOTT VACATIONS WRLDWDE C COM 57164Y107 480 11,100 SH   SOLE 11,100 0 0
MOLINA HEALTHCARE INC COM 60855R100 364 9,800 SH   SOLE 9,800 0 0
MONDELEZ INTL INC CL A 609207105 825 28,900 SH   SOLE 28,900 0 0
MORGANS HOTEL GROUP CO COM 61748W108 161 20,000 SH   SOLE 20,000 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307 895 15,500 SH   SOLE 15,500 0 0
NATIONAL FINL PARTNERS CORP COM 63607P208 4,166 164,614 SH   SOLE 164,614 0 0
NATIONAL PENN BANCSHARES INC COM 637138108 366 36,000 SH   SOLE 36,000 0 0
NEVSUN RES LTD COM 64156L101 30 10,055 SH   SOLE 10,055 0 0
NEW RESIDENTIAL INVT CORP COM 64828T102 100 14,800 SH   SOLE 14,800 0 0
NORTHWEST BANCSHARES INC MD COM 667340103 370 27,400 SH   SOLE 27,400 0 0
NV ENERGY INC COM 67073Y106 2,102 89,600 SH   SOLE 89,600 0 0
NYSE EURONEXT COM 629491101 1,662 40,155 SH   SOLE 40,155 0 0
O REILLY AUTOMOTIVE INC NEW COM 67103H107 304 2,700 SH   SOLE 2,700 0 0
OFFICE DEPOT INC COM 676220106 629 162,500 SH   SOLE 162,500 0 0
OPKO HEALTH INC COM 68375N103 265 37,300 SH   SOLE 37,300 0 0
PAA NAT GAS STORAGE L P COM UNIT LTD 693139107 202 9,600 SH   SOLE 9,600 0 0
PACTERA TECHNOLOGY INTL LTD SPONSORED ADR 695255109 122 18,000 SH   SOLE 18,000 0 0
PAIN THERAPEUTICS INC COM 69562K100 45 20,300 SH   SOLE 20,300 0 0
PAPA JOHNS INTL INC COM 698813102 366 5,600 SH   SOLE 5,600 0 0
PENTAIR LTD SHS H6169Q108 981 17,000 SH   SOLE 17,000 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 1,498 111,733 SH   SOLE 111,733 0 0
PFIZER INC COM 717081103 971 34,663 SH   SOLE 34,663 0 0
PHILIP MORRIS INTL INC COM 718172109 502 5,800 SH   SOLE 5,800 0 0
PHILLIPS 66 COM 718546104 263 4,472 SH   SOLE 4,472 0 0
PLATINUM UNDERWRITER HLDGS L COM G7127P100 366 6,400 SH   SOLE 6,400 0 0
POOL CORPORATION COM 73278L105 367 7,000 SH   SOLE 7,000 0 0
PORTFOLIO RECOVERY ASSOCS IN COM 73640Q105 369 2,400 SH   SOLE 2,400 0 0
POWER ONE INC NEW COM 73930R102 1,268 200,600 SH   SOLE 200,600 0 0
PPG INDS INC COM 693506107 791 5,400 SH   SOLE 5,400 0 0
PRIMERICA INC COM 74164M108 374 10,000 SH   SOLE 10,000 0 0
PROGRESS SOFTWARE CORP COM 743312100 368 16,000 SH   SOLE 16,000 0 0
PROVIDENCE SVC CORP COM 743815102 381 13,100 SH   SOLE 13,100 0 0
PROVIDENT NEW YORK BANCORP COM 744028101 225 24,100 SH   SOLE 24,100 0 0
PVF CAPITAL CORP COM 693654105 331 82,828 SH   SOLE 82,828 0 0
QEP RES INC COM 74733V100 811 29,200 SH   SOLE 29,200 0 0
REGIS CORP MINN COM 758932107 368 22,400 SH   SOLE 22,400 0 0
REPUBLIC SVCS INC COM 760759100 519 15,300 SH   SOLE 15,300 0 0
RESOLUTE FST PRODS INC COM 76117W109 149 11,300 SH   SOLE 11,300 0 0
RLI CORP COM 749607107 222 2,900 SH   SOLE 2,900 0 0
ROMA FINANCIAL CORP COM 77581P109 1,339 73,756 SH   SOLE 73,756 0 0
ROUSE PPTYS INC COM 779287101 341 17,400 SH   SOLE 17,400 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 2,445 38,316 SH   SOLE 38,316 0 0
RUE21 INC COM 781295100 1,540 37,000 SH   SOLE 37,000 0 0
SAPIENT CORP COM 803062108 590 45,200 SH   SOLE 45,200 0 0
SCBT FINANCIAL CORP COM 78401V102 247 4,900 SH   SOLE 4,900 0 0
SEARS HOMETOWN & OUTLET STOR COM 812362101 533 12,200 SH   SOLE 12,200 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 355 8,937 SH   SOLE 8,937 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 335 8,899 SH   SOLE 8,899 0 0
SILVER BAY RLTY TR CORP COM 82735Q102 374 22,600 SH   SOLE 22,600 0 0
SILVER STD RES INC COM 82823L106 131 20,644 SH   SOLE 20,644 0 0
SIRIUS XM RADIO INC COM 82967N108 363 108,400 SH   SOLE 108,400 0 0
SMITHFIELD FOODS INC COM 832248108 2,355 71,900 SH   SOLE 71,900 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 13,195 62,803 SH   SOLE 62,803 0 0
SPECTRUM BRANDS HLDGS INC COM 84763R101 586 10,300 SH   SOLE 10,300 0 0
SPREADTRUM COMMUNICATIONS IN ADR 849415203 263 10,000 SH   SOLE 10,000 0 0
STARZ COM SER A 85571Q102 913 41,300 SH   SOLE 41,300 0 0
STEC INC COM 784774101 168 25,000 SH   SOLE 25,000 0 0
STEWART ENTERPRISES INC CL A 860370105 328 25,000 SH   SOLE 25,000 0 0
SUBURBAN PROPANE PARTNERS L UNIT LTD PARTN 864482104 613 13,200 SH   SOLE 13,200 0 0
TANZANIAN ROYALTY EXPL CORP COM 87600U104 32 11,700 SH   SOLE 11,700 0 0
TELLABS INC COM 879664100 686 347,161 SH   SOLE 347,161 0 0
TEXAS INDS INC COM 882491103 358 5,500 SH   SOLE 5,500 0 0
THE ADT CORPORATION COM 00101J106 777 19,500 SH   SOLE 19,500 0 0
TIFFANY & CO NEW COM 886547108 371 5,100 SH   SOLE 5,100 0 0
TOOTSIE ROLL INDS INC COM 890516107 292 9,200 SH   SOLE 9,200 0 0
TRIPADVISOR INC COM 896945201 846 13,893 SH   SOLE 13,893 0 0
TRUE RELIGION APPAREL INC COM 89784N104 950 30,000 SH   SOLE 30,000 0 0
TYCO INTERNATIONAL LTD SHS H89128104 1,219 37,000 SH   SOLE 37,000 0 0
ULTIMATE SOFTWARE GROUP INC COM 90385D107 610 5,200 SH   SOLE 5,200 0 0
UNILEVER N V N Y SHS NEW 904784709 1,739 44,247 SH   SOLE 44,247 0 0
VALE S A ADR REPSTG PFD 91912E204 412 33,900 SH   SOLE 33,900 0 0
VANGUARD BD INDEX FD INC INTERMED TERM 921937819 1,054 12,625 SH   SOLE 12,625 0 0
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 1,130 14,117 SH   SOLE 14,117 0 0
VANGUARD HEALTH SYS INC COM 922036207 363 17,500 SH   SOLE 17,500 0 0
VANGUARD INDEX FDS REIT ETF 922908553 337 4,900 SH   SOLE 4,900 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100 344 4,300 SH   SOLE 4,300 0 0
VIRGINIA COMM BANCORP INC COM 92778Q109 2,652 190,000 SH   SOLE 190,000 0 0
VIRTUS INVT PARTNERS INC COM 92828Q109 511 2,900 SH   SOLE 2,900 0 0
VISTAPRINT N V SHS N93540107 624 12,643 SH   SOLE 12,643 0 0
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 287 10,000 SH   SOLE 10,000 0 0
WAL-MART STORES INC COM 931142103 357 4,800 SH   SOLE 4,800 0 0
WARNER CHILCOTT PLC IRELAND SHS A G94368100 207 10,400 SH   SOLE 10,400 0 0
WATSCO INC COM 942622200 596 7,100 SH   SOLE 7,100 0 0
WEBMD HEALTH CORP COM 94770V102 370 12,600 SH   SOLE 12,600 0 0
WHITEWAVE FOODS CO COM CL B 966244204 290 19,059 SH   SOLE 19,059 0 0
WMS INDS INC COM 929297109 1,977 77,500 SH   SOLE 77,500 0 0
WPX ENERGY INC COM 98212B103 447 23,625 SH   SOLE 23,625 0 0
WRIGHT MED GROUP INC COM 98235T107 367 14,000 SH   SOLE 14,000 0 0
XOMA CORP DEL COM 98419J107 76 20,800 SH   SOLE 20,800 0 0
XYLEM INC COM 98419M100 849 31,500 SH   SOLE 31,500 0 0