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
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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
Banco Santander COM 05964H105 846 173,713 SH   OTR   0 0 173,713
Bank of America COM 60505104 579 34,420 SH   OTR   0 0 34,420
BB&T Corp COM 54937107 514 13,597 SH   OTR   0 0 13,597
Berkshire Hathaway Inc. C COM 84670702 281 2,125 SH   OTR 1 0 0 2,125
Blackstone Group LP ETF 09253U108 237 8,100 SH   SOLE   0 0 8,100
Chevron Texaco Corporatio COM 166764100 233 2,595 SH   OTR   0 0 2,595
Citigroup COM 172967424 787 15,200 SH   OTR   0 0 15,200
Dow Diamonds - SPDR Dow J ETF 78467X109 15,573 89,506 SH   SOLE   0 0 89,506
EMC Corp. ETF 268648102 257 10,000 SH   SOLE   0 0 10,000
Exxon Mobil Corp. COM 30231G102 690 8,857 SH   OTR   0 0 8,857
Financial Select Sector ETF 81369Y605 895 37,550 SH   SOLE   0 0 37,550
General Electric Co. COM 369604103 1,386 44,492 SH   OTR   0 0 44,492
General Motors Corp. COM 370442105 850 25,000 SH   OTR   0 0 25,000
Implant Sciences COM 45320R108 10 20,000 SH   OTR   0 0 20,000
iShares MSCI Emerging Mar ETF 464287234 563 17,500 SH   SOLE   0 0 17,500
iShares MSCI Hong Kong In ETF 464286871 297 15,000 SH   SOLE   0 0 15,000
iShares Russell 2000 ETF 464287655 3,559 31,600 SH   SOLE   0 0 31,600
Kinder Morgan COM 49455P101 373 25,000 SH   OTR   0 0 25,000
Kindred Healthcare Inc COM 494580103 1,198 100,600 SH   OTR   0 0 100,600
Market Vectors Gold Miner ETF 57060U100 233 17,000 SH   SOLE   0 0 17,000
Mastercard COM 57636Q104 204 2,100 SH   OTR 1 0 0 2,100
Microsoft Corp COM 594918104 492 8,868 SH   OTR   0 0 8,868
MSCI EAFE Index ETF 464287465 397 6,758 SH   SOLE   0 0 6,758
NASDAQ 100 Trust ETF 73935A104 2,291 20,485 SH   SOLE   0 0 20,485
Nestle SA ADR COM 641069406 246 3,300 SH   OTR 1 0 0 3,300
Phillip Morris Internatio COM 718172109 207 2,360 SH   OTR 1 0 0 2,360
Precision Castparts Corp COM 740189105 1,508 6,500 SH   OTR   0 0 6,500
Rite Aid Corporation COM 767754104 787 100,335 SH   OTR   0 0 100,335
Royal Dutch Shell PLC COM 780259206 281 6,131 SH   OTR   0 0 6,131
S&P 500 Spiders ETF 78462F103 32,594 159,877 SH   SOLE   0 0 159,877
Short S&P 500 ProShares ETF SHORT 74347R503 732 35,071 SH   SOLE   0 0 35,071
TOMI Environmental Soluti COM 890023104 13 24,100 SH   OTR   0 0 24,100
Ultra S&P 500 Proshares ETF 74347R107 1,071 17,000 SH   SOLE   0 0 17,000
UltraShort Euro ProShares ETF SHORT 74347W882 766 30,000 SH   SOLE   0 0 30,000
Ultrashort S&P 500 Prosha ETF SHORT 74347B300 2,813 141,150 SH   SOLE   0 0 141,150
Unilever NV-NY shares COM 904784709 128 2,950 SH   OTR 1 0 0 2,950
Unilever NV-NY shares COM 904784709 138 3,189 SH   OTR   0 0 3,189
Vanguard Dividend Appreci ETF 921908844 206 2,647 SH   SOLE   0 0 2,647
Vanguard Growth Vipers ETF 922908736 1,709 16,061 SH   SOLE   0 0 16,061
Vanguard Value ETF 922908744 274 3,360 SH   SOLE   0 0 3,360
Walt Disney (Holding Comp COM 254687106 235 2,241 SH   OTR   0 0 2,241
Wells Fargo & Co. COM 949746101 149 2,741 SH   OTR   0 0 2,741
Wells Fargo & Co. COM 949746101 171 3,145 SH   OTR 1 0 0 3,145