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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Acme Packet Inc cs 004764106   2,100 29,600 SH   SOLE   0 0 29,600
AdvisorShares Activ Bear cs 00768y883   684 28,749 SH   SOLE   0 0 28,749
Alexion Pharmaceuticals Inc cs 015351109   784 7,945 SH   SOLE   0 0 7,945
Alliance Data Systems Corp cs 018581108   2,146 24,986 SH   SOLE   0 0 24,986
Altria Group Inc cs 02209s103   255 9,794 SH   SOLE   0 0 9,794
Apple Inc cs 037833100   9,709 27,859 SH   SOLE   0 0 27,859
AT&T Inc cs 00206r102   525 17,161 SH   SOLE   0 0 17,161
Baytex Energy Corp cs 07317q105   1,877 32,150 SH   SOLE   0 0 32,150
BCE Inc cs 05534b760   438 12,042 SH   SOLE   0 0 12,042
Bio-Reference Laboratories Inc cs 09057g602   3,766 167,811 SH   SOLE   0 0 167,811
Brigham Exploration Co cs 109178103   433 11,650 SH   SOLE   0 0 11,650
Bristol Myers Squibb Co cs 110122108   217 8,220 SH   SOLE   0 0 8,220
Brocade Communications Systems cs 111621306   162 26,400 SH   SOLE   0 0 26,400
Buckeye Technologies Inc cs 118255108   283 10,401 SH   SOLE   0 0 10,401
Carbo Ceramics Inc cs 140781105   1,121 7,945 SH   SOLE   0 0 7,945
Caterpillar Inc cs 149123101   1,520 13,650 SH   SOLE   0 0 13,650
Cheniere Energy Inc cs 16411r208   250 26,840 SH   SOLE   0 0 26,840
Chevron Corp cs 166764100   1,384 12,880 SH   SOLE   0 0 12,880
Cisco Systems Inc cs 17275r102   718 41,844 SH   SOLE   0 0 41,844
Cognizant Technology Solutions cs 192446102   4,679 57,482 SH   SOLE   0 0 57,482
Concho Resources Inc cs 20605p101   1,964 18,300 SH   SOLE   0 0 18,300
ConocoPhillips cs 20825c104   698 8,736 SH   SOLE   0 0 8,736
Cooper Cos Inc cs 216648402   1,149 16,550 SH   SOLE   0 0 16,550
Credicorp Ltd cs g2519y108   3,414 32,540 SH   SOLE   0 0 32,540
CSX Corp cs 126408103   1,305 16,600 SH   SOLE   0 0 16,600
Emisphere Technologies Inc cs 291345106   14 10,000 SH   SOLE   0 0 10,000
Emulex Corp cs 292475209   638 59,798 SH   SOLE   0 0 59,798
Exxon Mobil Corp cs 30231g102   762 9,059 SH   SOLE   0 0 9,059
F5 Networks Inc cs 315616102   205 2,000 SH   SOLE   0 0 2,000
Fortinet Inc cs 34959e109   385 8,722 SH   SOLE   0 0 8,722
Fossil Inc cs 349882100   671 7,160 SH   SOLE   0 0 7,160
Full Circle Cap Corp cs 359671104   1,085 135,650 SH   SOLE   0 0 135,650
Gardner Denver Inc cs 365558105   769 9,850 SH   SOLE   0 0 9,850
General Electric Co cs 369604103   448 22,361 SH   SOLE   0 0 22,361
Gilead Sciences Inc cs 375558103   3,795 89,352 SH   SOLE   0 0 89,352
HealthSpring Inc cs 42224n101   798 21,350 SH   SOLE   0 0 21,350
Hubbell Inc Cl B cs 443510201   1,051 14,800 SH   SOLE   0 0 14,800
Informatica Corp cs 45666q102   994 19,050 SH   SOLE   0 0 19,050
Interactive Intelligence Inc cs 45839m103   657 16,963 SH   SOLE   0 0 16,963
International Business Machine cs 459200101   5,059 31,026 SH   SOLE   0 0 31,026
iRobot Corp cs 462726100   276 8,400 SH   SOLE   0 0 8,400
Jazz Pharmaceuticals Inc cs 472147107   315 9,900 SH   SOLE   0 0 9,900
Johnson & Johnson cs 478160104   279 4,710 SH   SOLE   0 0 4,710
Joy Global Inc cs 481165108   758 7,670 SH   SOLE   0 0 7,670
Kimberly Clark Corp cs 494368103   210 3,225 SH   SOLE   0 0 3,225
KLA-Tencor Corp cs 482480100   693 14,650 SH   SOLE   0 0 14,650
Lancaster Colony Corp cs 513847103   3,750 61,883 SH   SOLE   0 0 61,883
Lilly Eli & Co cs 532457108   345 9,810 SH   SOLE   0 0 9,810
Lockheed Martin Corp cs 539830109   3,372 41,941 SH   SOLE   0 0 41,941
Lubrizol Corp cs 549271104   5,820 43,443 SH   SOLE   0 0 43,443
Marathon Oil Corp cs 565849106   245 4,600 SH   SOLE   0 0 4,600
McDonalds Corp cs 580135101   4,457 58,578 SH   SOLE   0 0 58,578
Microsoft Corp cs 594918104   377 14,860 SH   SOLE   0 0 14,860
Molycorp Inc cs 608753109   403 6,710 SH   SOLE   0 0 6,710
Netflix Inc cs 64110l106   2,535 10,660 SH   SOLE   0 0 10,660
Newmont Mining Corp cs 651639106   334 6,120 SH   SOLE   0 0 6,120
Nordson Corp cs 655663102   270 2,350 SH   SOLE   0 0 2,350
Occidental Petroleum Corp cs 674599105   4,499 43,061 SH   SOLE   0 0 43,061
OCZ Technology Group Inc cs 67086e303   240 29,571 SH   SOLE   0 0 29,571
OPNET Technologies Inc cs 683757108   956 24,517 SH   SOLE   0 0 24,517
Peabody Energy Corp cs 704549104   412 5,725 SH   SOLE   0 0 5,725
Pegasystems Inc cs 705573103   262 6,895 SH   SOLE   0 0 6,895
Pfizer Inc cs 717081103   343 16,866 SH   SOLE   0 0 16,866
Philip Morris Intl Inc cs 718172109   536 8,160 SH   SOLE   0 0 8,160
Polypore Intl Inc cs 73179v103   1,683 29,225 SH   SOLE   0 0 29,225
PPG Industries Inc cs 693506107   985 10,350 SH   SOLE   0 0 10,350
Praxair Inc cs 74005p104   4,565 44,932 SH   SOLE   0 0 44,932
Procter & Gamble Co cs 742718109   406 6,591 SH   SOLE   0 0 6,591
Rackspace Hosting Inc cs 750086100   377 8,800 SH   SOLE   0 0 8,800
Ram Holdings Ltd cs g7368r104   288 185,800 SH   SOLE   0 0 185,800
Rockwell Automation Inc cs 773903109   1,254 13,250 SH   SOLE   0 0 13,250
Rockwood Holdings Inc cs 774415103   770 15,650 SH   SOLE   0 0 15,650
Ross Stores Inc cs 778296103   4,681 65,822 SH   SOLE   0 0 65,822
Salesforce.com Inc cs 79466l302   267 2,000 SH   SOLE   0 0 2,000
Schlumberger Ltd cs 806857108   469 5,030 SH   SOLE   0 0 5,030
Seadrill Limited cs g7945e105   620 17,200 SH   SOLE   0 0 17,200
Snap On Inc cs 833034101   258 4,300 SH   SOLE   0 0 4,300
STEC Inc cs 784774101   889 44,264 SH   SOLE   0 0 44,264
Stericycle Inc cs 858912108   860 9,700 SH   SOLE   0 0 9,700
Support.com Inc cs 86858w101   98 18,800 SH   SOLE   0 0 18,800
TAL International Group Inc cs 874083108   1,135 31,300 SH   SOLE   0 0 31,300
Telus Corp Non-Vtg cs 87971m202   963 19,850 SH   SOLE   0 0 19,850
Textainer Group Holdings Ltd cs g8766e109   1,020 27,450 SH   SOLE   0 0 27,450
TJX Cos Inc cs 872540109   2,841 57,123 SH   SOLE   0 0 57,123
Tractor Supply Co cs 892356106   796 13,300 SH   SOLE   0 0 13,300
Union Pacific Corp cs 907818108   267 2,716 SH   SOLE   0 0 2,716
United States Steel Corp cs 912909108   4,236 78,535 SH   SOLE   0 0 78,535
Vanguard Natural Resources LLC cs 92205f106   439 13,800 SH   SOLE   0 0 13,800
Verizon Communications Inc cs 92343v104   1,187 30,801 SH   SOLE   0 0 30,801
Vivus Inc cs 928551100   638 103,000 SH   SOLE   0 0 103,000
Waddell & Reed Financial Inc C cs 930059100   520 12,800 SH   SOLE   0 0 12,800
Whiting Petroleum Corp cs 966387102   1,476 20,100 SH   SOLE   0 0 20,100
World Acceptance Corp cs 981419104   881 13,506 SH   SOLE   0 0 13,506
AstraZeneca PLC Sp ADR ad 046353108   423 9,178 SH   SOLE   0 0 9,178
Baidu Inc Sp ADR Rep A ad 056752108   276 2,000 SH   SOLE   0 0 2,000
GlaxoSmithKline PLC Sp ADR ad 37733w105   219 5,700 SH   SOLE   0 0 5,700
EGS INDXX DJ Financial Titans ui 268461506   3,592 146,011 SH   SOLE   0 0 146,011
EGS INDXX DJ Mkt Energy ui 268461860   3,429 114,079 SH   SOLE   0 0 114,079
EGS INDXX DJ Mkt Metals & Mini ui 268461852   830 36,005 SH   SOLE   0 0 36,005
EGS INDXX DJ Titans ETF ui 268461100   4,565 165,526 SH   SOLE   0 0 165,526
First Trust ETF DJ Internet In ui 33733e302   587 16,154 SH   SOLE   0 0 16,154
iShares Inc MSCI Brazil ui 464286400   3,560 45,925 SH   SOLE   0 0 45,925
iShares Inc MSCI CDA Index ui 464286509   958 28,500 SH   SOLE   0 0 28,500
iShares Inc MSCI Switzerland ui 464286749   3,920 155,018 SH   SOLE   0 0 155,018
iShares S&P Growth Alloc ui 464289867   215 6,605 SH   SOLE   0 0 6,605
iShares Tr EPRA/NAREIT Dev Rea ui 464288489   4,001 127,579 SH   SOLE   0 0 127,579
iShares Tr S&P Aggressive Allo ui 464289859   283 7,869 SH   SOLE   0 0 7,869
Market Vectors ETF Tr Brazil S ui 57060u613   637 11,227 SH   SOLE   0 0 11,227
Market Vectors ETF Tr Coal ui 57060u837   4,273 84,241 SH   SOLE   0 0 84,241
PowerShares Balanced Growth NF ui 73936q405   281 21,266 SH   SOLE   0 0 21,266
PowerShares Balanced NFA Globa ui 73936q504   210 15,834 SH   SOLE   0 0 15,834
ProShares Trust Short S&P 500 ui 74347r503   769 18,686 SH   SOLE   0 0 18,686
ProShares Trust Ultra Russell ui 74347r842   227 4,601 SH   SOLE   0 0 4,601
Rydex Consumer Staples ui 78355w874   858 14,412 SH   SOLE   0 0 14,412
Select Sector SPDR Tr SBI Util ui 81369y886   549 17,214 SH   SOLE   0 0 17,214
SPDR Barclays Cap Conv ui 78464a359   3,960 93,939 SH   SOLE   0 0 93,939
SPDR S&P Emerg Small Cap ETF ui 78463x756   249 4,630 SH   SOLE   0 0 4,630
SPDR Series Trust DJ REIT ETF ui 78464a607   245 3,800 SH   SOLE   0 0 3,800
Vanguard Total Stock Market ET ui 922908769   315 4,585 SH   SOLE   0 0 4,585
WisdomTree Global ex-US Real E ui 97717w331   1,437 49,584 SH   SOLE   0 0 49,584
WisdomTree Pacific ex-Japan ET ui 97717w810   3,208 51,902 SH   SOLE   0 0 51,902
BlackRock Resources & Comm Str mf 09257a108   3,717 185,775 SH   SOLE   0 0 185,775
Federated Equity Funds Mkt Opp mf 314172743   258 26,249 SH   SOLE   0 0 26,249
Federated Equity Funds Prudent mf 314172354   689 155,912 SH   SOLE   0 0 155,912
Federated Mkt Opport Fund Ins mf 314172453   457 46,387 SH   SOLE   0 0 46,387
Morgan Stanley China A Share F mf 617468103   540 18,806 SH   SOLE   0 0 18,806
PIMCO Global StocksPLUS Income mf 722011103   333 13,600 SH   SOLE   0 0 13,600
Alliance Resources Partners LP ml 01877r108   1,384 17,000 SH   SOLE   0 0 17,000
Enterprise Prods Partners LP ml 293792107   474 11,000 SH   SOLE   0 0 11,000
Kinder Morgan Energy Partners ml 494550106   267 3,608 SH   SOLE   0 0 3,608
Western Gas Partners LP ml 958254104   550 15,750 SH   SOLE   0 0 15,750
Williams Partners LP ml 96950f104   437 8,430 SH   SOLE   0 0 8,430
Rayonier Inc re 754907103   505 8,105 SH   SOLE   0 0 8,105
Weyerhaeuser Co re 962166104   339 13,784 SH   SOLE   0 0 13,784