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
Acme Packet Inc cs 004764106 1,244 23,400 SH   SOLE   0 0 23,400
Alliance Data Systems Corp cs 018581108 1,471 20,713 SH   SOLE   0 0 20,713
Altria Group Inc cs 02209s103 292 11,850 SH   SOLE   0 0 11,850
Apple Inc cs 037833100 8,877 27,519 SH   SOLE   0 0 27,519
Baytex Energy Trust cs 073176109 1,367 29,200 SH   SOLE   0 0 29,200
Brocade Communications Systems cs 111621306 79 14,900 SH   SOLE   0 0 14,900
Carbo Ceramics Inc cs 140781105 667 6,445 SH   SOLE   0 0 6,445
Caterpillar Inc cs 149123101 1,030 11,000 SH   SOLE   0 0 11,000
Chevron Corp cs 166764100 468 5,127 SH   SOLE   0 0 5,127
China Yuchai Intl Ltd cs g21082105 3,758 118,600 SH   SOLE   0 0 118,600
CNH Global NV cs n20935206 704 14,750 SH   SOLE   0 0 14,750
Cognizant Technology Solutions cs 192446102 4,158 56,732 SH   SOLE   0 0 56,732
Concho Resources Inc cs 20605p101 1,124 12,825 SH   SOLE   0 0 12,825
Dollar Tree Inc cs 256746108 597 10,650 SH   SOLE   0 0 10,650
Du Pont E I de Nemours & Co cs 263534109 654 13,113 SH   SOLE   0 0 13,113
Emulex Corp cs 292475209 329 28,200 SH   SOLE   0 0 28,200
Express Scripts Inc cs 302182100 4,207 77,837 SH   SOLE   0 0 77,837
Exxon Mobil Corp cs 30231g102 315 4,306 SH   SOLE   0 0 4,306
F5 Networks Inc cs 315616102 820 6,300 SH   SOLE   0 0 6,300
Full Circle Cap Corp cs 359671104 1,274 146,651 SH   SOLE   0 0 146,651
General Electric Co cs 369604103 395 21,593 SH   SOLE   0 0 21,593
Google Inc Cl A cs 38259p508 4,340 7,306 SH   SOLE   0 0 7,306
Herbalife Ltd cs g4412g101 578 8,450 SH   SOLE   0 0 8,450
Igate Corp cs 45169u105 816 41,399 SH   SOLE   0 0 41,399
Informatica Corp cs 45666q102 446 10,125 SH   SOLE   0 0 10,125
International Business Machine cs 459200101 4,639 31,611 SH   SOLE   0 0 31,611
International Gold Resources I cs 45956c201 0 20,000 SH   SOLE   0 0 20,000
Joy Global Inc cs 481165108 665 7,670 SH   SOLE   0 0 7,670
Kennametal Inc cs 489170100 519 13,150 SH   SOLE   0 0 13,150
Kimberly Clark Corp cs 494368103 262 4,155 SH   SOLE   0 0 4,155
Lockheed Martin Corp cs 539830109 2,799 40,044 SH   SOLE   0 0 40,044
Lubrizol Corp cs 549271104 4,630 43,315 SH   SOLE   0 0 43,315
McDonalds Corp cs 580135101 4,494 58,545 SH   SOLE   0 0 58,545
Netflix Inc cs 64110l106 6,355 36,168 SH   SOLE   0 0 36,168
Occidental Petroleum Corp cs 674599105 4,131 42,114 SH   SOLE   0 0 42,114
OmniVision Technologies Inc cs 682128103 708 23,925 SH   SOLE   0 0 23,925
OPNET Technologies Inc cs 683757108 313 11,700 SH   SOLE   0 0 11,700
Pfizer Inc cs 717081103 177 10,100 SH   SOLE   0 0 10,100
Philip Morris Intl Inc cs 718172109 581 9,930 SH   SOLE   0 0 9,930
Polypore Intl Inc cs 73179v103 901 22,125 SH   SOLE   0 0 22,125
PPG Industries Inc cs 693506107 416 4,950 SH   SOLE   0 0 4,950
Praxair Inc cs 74005p104 4,243 44,439 SH   SOLE   0 0 44,439
Procter & Gamble Co cs 742718109 354 5,502 SH   SOLE   0 0 5,502
Ram Holdings Ltd cs g7368r104 125 135,800 SH   SOLE   0 0 135,800
Ross Stores Inc cs 778296103 4,158 65,740 SH   SOLE   0 0 65,740
Rovi Corp cs 779376102 929 14,975 SH   SOLE   0 0 14,975
Salesforce.com Inc cs 79466l302 264 2,000 SH   SOLE   0 0 2,000
Schlumberger Ltd cs 806857108 420 5,030 SH   SOLE   0 0 5,030
Seadrill Limited cs g7945e105 583 17,200 SH   SOLE   0 0 17,200
Sigma Aldrich Corp cs 826552101 3,189 47,918 SH   SOLE   0 0 47,918
Silver Wheaton Corp cs 828336107 328 8,400 SH   SOLE   0 0 8,400
Southern Copper Corp cs 84265v105 1,496 30,700 SH   SOLE   0 0 30,700
STEC Inc cs 784774101 417 23,650 SH   SOLE   0 0 23,650
TAL International Group Inc cs 874083108 917 29,700 SH   SOLE   0 0 29,700
Telus Corp Non-Vtg cs 87971m202 865 19,850 SH   SOLE   0 0 19,850
Textainer Group Holdings Ltd cs g8766e109 782 27,450 SH   SOLE   0 0 27,450
TJX Cos Inc cs 872540109 2,432 54,798 SH   SOLE   0 0 54,798
Trimas Corp cs 896215209 381 18,600 SH   SOLE   0 0 18,600
TRW Automotive Holdings Corp cs 87264s106 564 10,700 SH   SOLE   0 0 10,700
Union Pacific Corp cs 907818108 252 2,716 SH   SOLE   0 0 2,716
United States Steel Corp cs 912909108 4,511 77,214 SH   SOLE   0 0 77,214
United Technologies Corp cs 913017109 264 3,350 SH   SOLE   0 0 3,350
Vanguard Natural Resources LLC cs 92205f106 409 13,800 SH   SOLE   0 0 13,800
Verizon Communications Inc cs 92343v104 340 9,503 SH   SOLE   0 0 9,503
Vivus Inc cs 928551100 507 54,100 SH   SOLE   0 0 54,100
VMware Inc Cl A cs 928563402 362 4,070 SH   SOLE   0 0 4,070
Wabco Holdings Inc cs 92927k102 1,082 17,750 SH   SOLE   0 0 17,750
Whiting Petroleum Corp cs 966387102 428 3,650 SH   SOLE   0 0 3,650
World Acceptance Corp cs 981419104 692 13,100 SH   SOLE   0 0 13,100
Hisoft Technology Intl Ltd Sp ad 43358r108 211 7,000 SH   SOLE   0 0 7,000
Nestle SA Sp ADR ad 641069406 1,426 24,275 SH   SOLE   0 0 24,275
Royal Dutch Shell PLC Sp ADR A ad 780259206 200 3,000 SH   SOLE   0 0 3,000
Sociedad Quimica Minera de Chi ad 833635105 876 15,000 SH   SOLE   0 0 15,000
Teva Pharmaceutical Industries ad 881624209 2,140 41,051 SH   SOLE   0 0 41,051
EGS INDXX DJ Financial Titans ui 268461506 4,358 175,289 SH   SOLE   0 0 175,289
EGS INDXX DJ Mkt Energy ui 268461860 2,845 104,335 SH   SOLE   0 0 104,335
EGS INDXX DJ Mkt Metals & Mini ui 268461852 811 34,669 SH   SOLE   0 0 34,669
EGS INDXX DJ Titans ETF ui 268461100 4,340 161,335 SH   SOLE   0 0 161,335
First Trust ETF DJ Internet In ui 33733e302 511 14,882 SH   SOLE   0 0 14,882
iShares Inc MSCI Brazil ui 464286400 639 8,261 SH   SOLE   0 0 8,261
iShares Tr S&P Aggressive Allo ui 464289859 207 6,017 SH   SOLE   0 0 6,017
Market Vectors ETF Tr Coal ui 57060u837 3,870 81,922 SH   SOLE   0 0 81,922
Market Vectors ETF Tr Gold Min ui 57060u100 1,004 16,335 SH   SOLE   0 0 16,335
PowerShares Balanced Growth NF ui 73936q405 204 16,165 SH   SOLE   0 0 16,165
PowerShares Balanced NFA Globa ui 73936q504 166 12,972 SH   SOLE   0 0 12,972
Rydex Consumer Staples ui 78355w874 802 14,019 SH   SOLE   0 0 14,019
SPDR S&P Emerg Small Cap ETF ui 78463x756 264 4,630 SH   SOLE   0 0 4,630
SPDR Series Trust DJ REIT ETF ui 78464a607 232 3,800 SH   SOLE   0 0 3,800
Vanguard Total Stock Market ET ui 922908769 298 4,585 SH   SOLE   0 0 4,585
WisdomTree Pacific ex-Japan ET ui 97717w810 3,059 50,628 SH   SOLE   0 0 50,628
Federated Equity Funds Mkt Opp mf 314172743 331 34,189 SH   SOLE   0 0 34,189
Federated Equity Funds Prudent mf 314172354 923 195,239 SH   SOLE   0 0 195,239
Federated Mkt Opport Fund Ins mf 314172453 857 88,206 SH   SOLE   0 0 88,206
Federated Prudent Bear Inst mf 314172339 53 11,129 SH   SOLE   0 0 11,129
Alliance Resources Partners LP ml 01877r108 1,092 16,600 SH   SOLE   0 0 16,600
Enterprise Prods Partners LP ml 293792107 458 11,000 SH   SOLE   0 0 11,000
Williams Partners LP ml 96950f104 393 8,430 SH   SOLE   0 0 8,430