Week of 2-27-2011

Timing Model = 2.0

90% long, 10% cash

Global allocation of long positions

MSCI EAFE Index 30%

MCCI Emerging Markets Index 10%

Russell 3000 Index - U.S. 60%

Top U.S. Sectors

U.S. Oil Equipment, Services & Distribution 5.0

Small Cap Growth 4.5

U.S. Oil & Gas 3.0

U.S. Leisure Goods 2.0

Composite Internet 1.5

U.S. Semiconductor 1.5

Top Intl. ETFs

MSCI Sweden Index Fund 1

Strategy 4

Money Markets 20%

Agriculture 20%

Industrial Materials 20%

U.S. Small Caps 20%

Energy 20%

Week of 1-30-2011

Timing Model = -1.5
20% long, 80% cash

Global allocation of long positions
MSCI EAFE Index 30%
MCCI Emerging Markets Index 20%
Russell 3000 Index - U.S. 50%

Top U.S. Sectors
U.S. Oil Equipment, Services & Distribution 4.5
U.S. Oil & Gas 2.5
U.S. Basic Materials 2.5
U.S. Real Estate 2.5
U.S. Micro Cap 2.0

Top Intl. ETFs
MSCI South Korea Index Fund 3
MSCI Taiwan Index Fund 3

Strategy 4
Money Markets 20%
Agriculture 20%
Industrial Materials 20%
U.S. Small Caps 20%
U.S. REITs 20%

Week of 1-23-2011

Timing Model = 1.0
80% long, 20% cash

Global allocation of long positions
MSCI EAFE Index 25%
MCCI Emerging Markets Index 30%
Russell 3000 Index - U.S. 45%

Top U.S. Sectors
U.S. Micro Cap 2.5
U.S. Oil & Gas 2.5
Small Cap Growth 2.5
U.S. Oil Equipment, Services & Distribution 2.5
Mid Cap Growth 2.5
U.S. Real Estate 2.5

Top Intl. ETFs
MSCI South Korea Index Fund 3
MSCI Taiwan Index Fund EWT 2
MSCI Hong Kong Index Fund 2

Strategy 4
Money Markets 20%
Agriculture 20%
Industrial Materials 20%
International Real Estate 20%
U.S. Small Caps 20%

Week of 1-16-2011

Timing Model = 1.0
80% long, 20% cash

Global allocation of long positions
MSCI EAFE Index 20%
MCCI Emerging Markets Index 40%
Russell 3000 Index - U.S. 40%

Top U.S. Sectors
U.S. Micro Cap 4.0
Small Cap Growth 2.5
Composite Internet 2.5
U.S. Basic Materials 1.5
U.S. Oil Equipment, Services & Distribution 1.5
U.S. Biotechnology 1.5

Top Intl. ETFs
MSCI South Korea Index Fund 2

MSCI Taiwan Index Fund 2

Strategy 4
Money Markets 20%
Agriculture 20%
Industrial Materials 20%
International Real Estate 20%
U.S. Small Caps 20%

Week of 1-9-2011

Timing Model = 1.5
80% long, 20% cash

Global allocation of long positions
MSCI EAFE Index 20%
MCCI Emerging Markets Index 40%
Russell 3000 Index - U.S. 40%

Top U.S. Sectors
U.S. Micro Cap 4.0
Small Cap Growth 2.5
Composite Internet 2.5
U.S. Basic Materials 1.5
U.S. Oil Equipment, Services & Distribution 1.5
U.S. Biotechnology 1.5

Top Intl. ETFs
MSCI South Korea Index Fund 1
MSCI Malaysia Index Fund 1
MSCI Austria Index Fund 1

Strategy 4
Money Markets 20%
Agriculture 20%
Industrial Materials 20%
International Real Estate 20%
U.S. Small Caps 20%

Week of 1-2-2011

Timing Model = 1.5

80% long, 20% cash

Global allocation of long positions

MSCI EAFE Index 25%

MCCI Emerging Markets Index 35%

Russell 3000 Index - U.S. 40%

Top U.S. Sectors

U.S. Micro Cap 4.0

Small Cap Growth 3.5

U.S. Basic Materials 3.5

Composite Internet 3.0

U.S. Oil Equipment, Services & Distribution 2.0

Top Intl. ETFs

MSCI South Africa Index Fund 2

MSCI Sweden Index Fund EWD 2

MSCI South Korea Index Fund 2

MSCI Taiwan Index Fund 2

MSCI Mexico Index Fund 2

Strategy 4

Money Markets 20%

International Real Estate 20%

U.S. Small Caps 20%

Industrial Materials 20%

Agriculture 20%

Week of 12-26-2010

Timing Model = 1.5

80% long, 20% cash

Global allocation of long positions

MSCI EAFE Index 25%

MCCI Emerging Markets Index 25%

Russell 3000 Index - U.S. 50%

Top U.S. Sectors

Small Cap Growth 5.0

U.S. Micro Cap 3.5

U.S. Oil Equipment, Services & Distribution 3.0

U.S. Basic Materials 2.5

Composite Internet 2.5

Precious Metals 2.0

U.S. Biotechnology 2.0

Top Intl. ETFs

MSCI South Africa Index Fund 2

MSCI Sweden Index Fund 2

Strategy 4

Money Markets 20%

Precious Metals 20%

U.S. Small Caps 20%

Industrial Materials 20%

Agriculture 20%