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
Abbott Labs COM 002824100 5,798 174,677 SH   SOLE   174,677 0 0
AbbVie COM 00287y109 9,746 217,890 SH   SOLE   217,890 0 0
ADP COM 053015103 7,222 99,784 SH   SOLE   99,784 0 0
AIG COM NEW 026874784 852 17,520 SH   SOLE   17,520 0 0
Air Products & Chemicals COM 009158106 209 1,958 SH   SOLE   1,958 0 0
Altria Group COM 02209s103 1,556 45,312 SH   SOLE   45,312 0 0
American Elec Power COM 025537101 2,047 47,231 SH   SOLE   47,231 0 0
Amgen COM 031162100 968 8,650 SH   SOLE   8,650 0 0
Apple Computer COM 037833100 542 1,137 SH   SOLE   1,137 0 0
Archer-Daniels COM 039483102 230 6,250 SH   SOLE   6,250 0 0
AT&T COM 00206r102 3,634 107,448 SH   SOLE   107,448 0 0
Bank of America COM 060505104 1,104 79,969 SH   SOLE   79,969 0 0
Bank of Montreal COM 063671101 4,042 60,488 SH   SOLE   60,488 0 0
Berkshire Hathaway Cl A CL A 084670108 341 2 SH   SOLE   2 0 0
Biogen Idec COM 09062x103 1,256 5,218 SH   SOLE   5,218 0 0
Blyth COM NEW 09643p207 639 46,200 SH   SOLE   46,200 0 0
BP PLC - Spons ADR SPON ADR 055622104 2,074 49,342 SH   SOLE   49,342 0 0
Campbell Soup COM 134429109 1,119 27,485 SH   SOLE   27,485 0 0
Celgene COM 151020104 222 1,443 SH   SOLE   1,443 0 0
Chesapeake Energy COM 165167107 1,850 71,478 SH   SOLE   71,478 0 0
Chevron Texaco COM 166764100 1,964 16,162 SH   SOLE   16,162 0 0
Chicago Bridge & Iron NY COM 167250109 225 3,324 SH   SOLE   3,324 0 0
Chubb COM 171232101 8,703 97,505 SH   SOLE   97,505 0 0
Cisco COM 17275r102 10,903 465,336 SH   SOLE   465,336 0 0
Citigroup COM NEW 172967424 6,021 124,117 SH   SOLE   124,117 0 0
Coca Cola COM 191216100 8,874 234,275 SH   SOLE   234,275 0 0
Community Bank System COM 203607106 4,275 125,304 SH   SOLE   125,304 0 0
ConocoPhillips COM 20825c104 5,094 73,289 SH   SOLE   73,289 0 0
Covidien SHS g2554f113 4,267 70,022 SH   SOLE   70,022 0 0
Cree COM 225447101 324 5,381 SH   SOLE   5,381 0 0
Cumberland Pharmaceuticals COM 230770109 127 28,100 SH   SOLE   28,100 0 0
Directv COM 25490a309 4,910 82,142 SH   SOLE   82,142 0 0
Direxion Shs ETF Tr DLY TECH BULL 3X 25459w540 238 4,905 SH   SOLE   4,905 0 0
Discover Financial Services COM 254709108 292 5,774 SH   SOLE   5,774 0 0
Disney COM DISNEY 254687106 3,745 58,076 SH   SOLE   58,076 0 0
Duke Energy COM NEW 26441c204 1,510 22,609 SH   SOLE   22,609 0 0
EFTS Platinum Trust SH BEN INT 26922v101 257 1,872 SH   SOLE   1,872 0 0
Emerson Electric COM 291011104 5,346 82,634 SH   SOLE   82,634 0 0
EOG Resources Inc. COM 26875p101 202 1,195 SH   SOLE   1,195 0 0
Exxon Mobil COM 30231g102 3,172 36,871 SH   SOLE   36,871 0 0
Federated National Holding Co COM 31422t101 543 57,000 SH   SOLE   57,000 0 0
Fifth Third Bancorp COM 316773100 361 20,000 SH   SOLE   20,000 0 0
Financial Sector Index Fund SBI INT-FIN 81369y605 530 26,603 SH   SOLE   26,603 0 0
FirstEnergy COM 337932107 406 11,150 SH   SOLE   11,150 0 0
Freeport-McMoran COM 35671d857 956 28,900 SH   SOLE   28,900 0 0
General Electric COM 369604103 10,952 458,415 SH   SOLE   458,415 0 0
General Mills COM 370334104 10,591 221,010 SH   SOLE   221,010 0 0
Genuine Parts COM 372460105 2,852 35,253 SH   SOLE   35,253 0 0
Hertz Global Holdings COM 42805t105 281 12,675 SH   SOLE   12,675 0 0
Hewlett Packard COM 428236103 223 10,625 SH   SOLE   10,625 0 0
Home Depot COM 437076102 924 12,181 SH   SOLE   12,181 0 0
Honeywell COM 438516106 6,768 81,505 SH   SOLE   81,505 0 0
Hudson City Bancorp COM 443683107 2,455 271,518 SH   SOLE   271,518 0 0
Huntington Bancshares COM 446150104 4,170 504,873 SH   SOLE   504,873 0 0
IBM COM 459200101 1,206 6,511 SH   SOLE   6,511 0 0
Illinois Tool Works COM 452308109 1,068 13,997 SH   SOLE   13,997 0 0
Intel COM 458140100 8,743 381,454 SH   SOLE   381,454 0 0
iShares Core S&P 500 CORE S&P500 ETF 464287200 244 1,442 SH   SOLE   1,442 0 0
iShares DJ Select Dividend Ind DJ SEL DIV INX 464287168 3,530 53,218 SH   SOLE   53,218 0 0
iShares iBoxx Bond Fund IBOXX INV CP ETF 464287242 391 3,445 SH   SOLE   3,445 0 0
iShares MSCE EAFE Index Fund MSCI EAFE ETF 464287465 1,585 24,841 SH   SOLE   24,841 0 0
iShares MSCI Emerging Markets MSCI EMG MKT ETF 464287234 441 10,823 SH   SOLE   10,823 0 0
iShares Russell 1000 Growth In RUS 1000 GRW ETF 464287614 2,483 31,752 SH   SOLE   31,752 0 0
iShares Russell 1000 Value RUS 1000 VAL ETF 464287598 2,104 24,406 SH   SOLE   24,406 0 0
iShares Russell 2000 Growth RUS 2000 GRW ETF 464287648 211 1,675 SH   SOLE   1,675 0 0
iShares Russell 2000 Value Ind RUS 2000 VAL ETF 464287630 342 3,728 SH   SOLE   3,728 0 0
iShares S&P 500 Growth Index S&P 500 GRWT ETF 464287309 406 4,541 SH   SOLE   4,541 0 0
IShares S&P National AMT-Free NAT AMT FREE BD 464288414 582 5,570 SH   SOLE   5,570 0 0
Ishares Silver Trust ISHARES 46428q109 822 39,332 SH   SOLE   39,332 0 0
iShares TR Russell 2000 RUSSELL 2000 ETF 464287655 549 5,149 SH   SOLE   5,149 0 0
iShares TR Russell MCP GR RUS MD CP GR ETF 464287481 320 4,093 SH   SOLE   4,093 0 0
iShares TR Russell MCP VL RUS MDCP VAL ETF 464287473 314 5,161 SH   SOLE   5,161 0 0
Johnson & Johnson COM 478160104 13,247 152,803 SH   SOLE   152,803 0 0
JPMorgan Chase COM 46625h100 15,074 291,632 SH   SOLE   291,632 0 0
Kellogg COM 487836108 1,849 31,476 SH   SOLE   31,476 0 0
Kimberly-Clark COM 494368103 4,496 47,722 SH   SOLE   47,722 0 0
Kohls COM 500255104 2,012 38,883 SH   SOLE   38,883 0 0
Kraft Foods Group COM 50076q106 9,918 188,989 SH   SOLE   188,989 0 0
Leggett & Platt COM 524660107 11,695 387,909 SH   SOLE   387,909 0 0
Lilly COM 532457108 1,346 26,739 SH   SOLE   26,739 0 0
Lockheed Martin COM 539830109 5,712 44,781 SH   SOLE   44,781 0 0
Lorillard COM 544147101 655 14,625 SH   SOLE   14,625 0 0
LyondellBasell SHS -A- 535745100 203 2,778 SH   SOLE   2,778 0 0
M&T Bank COM 55261f104 9,293 83,030 SH   SOLE   83,030 0 0
Mallinckrodt PLC SHS g5785g107 394 8,933 SH   SOLE   8,933 0 0
McDonald's COM 580135101 4,415 45,886 SH   SOLE   45,886 0 0
Merck COM 58933Y105 5,675 119,191 SH   SOLE   119,191 0 0
Microsoft COM 594918104 8,610 258,714 SH   SOLE   258,714 0 0
MMM COM 88579Y101 781 6,543 SH   SOLE   6,543 0 0
Mondelez International CL A 609207105 3,645 116,003 SH   SOLE   116,003 0 0
Morgan Stanley COM NEW 617446448 670 24,856 SH   SOLE   24,856 0 0
News Corp Cl A CL A 65249b109 4,037 251,384 SH   SOLE   251,384 0 0
Norfolk Southern COM 655844108 3,344 43,237 SH   SOLE   43,237 0 0
Nucor COM 670346105 3,693 75,334 SH   SOLE   75,334 0 0
Ocwen Financial COM NEW 675746309 202 3,625 SH   SOLE   3,625 0 0
Oracle COM 68389X105 385 11,613 SH   SOLE   11,613 0 0
Penns Woods Bancorp COM 708430103 1,788 35,892 SH   SOLE   35,892 0 0
Pepsico COM 713448108 494 6,211 SH   SOLE   6,211 0 0
Pfizer COM 717081103 12,385 431,162 SH   SOLE   431,162 0 0
PHH COM NEW 693320202 6,299 265,344 SH   SOLE   265,344 0 0
Philip Morris COM 718172109 1,834 21,184 SH   SOLE   21,184 0 0
Phillips 66 COM 718546104 321 5,552 SH   SOLE   5,552 0 0
PNC COM 693475105 6,586 90,909 SH   SOLE   90,909 0 0
Powershares 2X Short Oil PS CRD OIL ETN 25154k809 314 9,315 SH   SOLE   9,315 0 0
PP&L Corp COM 69351t106 4,827 158,886 SH   SOLE   158,886 0 0
Procter & Gamble COM 742718109 8,715 115,298 SH   SOLE   115,298 0 0
PulteGroup COM 745867101 3,577 216,781 SH   SOLE   216,781 0 0
Raytheon COM NEW 755111507 1,340 17,385 SH   SOLE   17,385 0 0
S&P 500 Spiders TR UNIT 78462f103 2,432 14,476 SH   SOLE   14,476 0 0
Sanofi Aventis ADR SPON ADR 80105n105 205 4,050 SH   SOLE   4,050 0 0
Skyline COM 830830105 187 37,647 SH   SOLE   37,647 0 0
Southern Company COM 842587107 1,606 38,996 SH   SOLE   38,996 0 0
SPDR Barclays Capital High Yie BRC HGH YLD BD 78464a417 341 8,550 SH   SOLE   8,550 0 0
SPDR Gold Index Fund GOLD SHS 78463v107 1,291 10,069 SH   SOLE   10,069 0 0
Sutor Technology Group COM 869362103 84 50,000 SH   SOLE   50,000 0 0
Synovus Financial COM 87161c105 3,286 995,708 SH   SOLE   995,708 0 0
Sysco COM 871829107 2,031 63,803 SH   SOLE   63,803 0 0
TE Connectivity REG SHS H84989104 5,368 103,663 SH   SOLE   103,663 0 0
Tetra Technologies COM 88162f105 627 50,000 SH   SOLE   50,000 0 0
Texas Instruments COM 882508104 901 22,370 SH   SOLE   22,370 0 0
The Blackstone Group COM UNIT LTD 09253u108 463 18,600 SH   SOLE   18,600 0 0
TJX Companies COM 872540109 271 4,800 SH   SOLE   4,800 0 0
TrustCo Bank COM 898349105 119 20,000 SH   SOLE   20,000 0 0
United Parcel Service - Cl B CL B 911312106 1,187 12,995 SH   SOLE   12,995 0 0
United Technologies 7% Pfd con UNIT 99/99/9999 913017117 275 4,240 SH   SOLE   4,240 0 0
Valero Energy COM 91913y100 342 10,000 SH   SOLE   10,000 0 0
Vanguard FTSE Developed Market FTSE DEV MKT ETF 921943858 238 6,010 SH   SOLE   6,010 0 0
Vanguard Mid Cap MID CAP ETF 922908629 1,760 17,178 SH   SOLE   17,178 0 0
Vanguard Russell 1000 Value ET VNG RUS1000VAL 92206c714 211 2,799 SH   SOLE   2,799 0 0
Vanguard Small Cap SM CAP ETF 922908751 1,352 13,196 SH   SOLE   13,196 0 0
Verizon Communications COM 92343v104 690 14,789 SH   SOLE   14,789 0 0
Viacom Cl A CL A 92553p102 479 5,718 SH   SOLE   5,718 0 0
Viacom Class B CL B 92553p201 10,269 122,863 SH   SOLE   122,863 0 0
Wal-Mart COM 931142103 1,500 20,276 SH   SOLE   20,276 0 0
Waste Management COM 94106l109 10,486 254,259 SH   SOLE   254,259 0 0
Wells Fargo COM 949746101 8,564 207,265 SH   SOLE   207,265 0 0
Wisdomtree Japan Hedged JAPN HEDGE EQT 97717w851 401 8,371 SH   SOLE   8,371 0 0
WP Carey COM 92936u109 14,786 228,533 SH   SOLE   228,533 0 0
Zions Bancorp COM 989701107 781 28,494 SH   SOLE   28,494 0 0