Week of 12-23-2007

Timing Model = -2.0
10% long, 90% cash
10 day moving average: 16% long, 84% cash

Global Allocation of long positions
MSCI EAFE Index 30%
MCCI Emerging Markets Index 30%
Russell 3000 Index - U.S. 40%

Top U.S. Sectors
U.S. Technology 6.5
U.S. Oil & Gas 5.0
U.S. Basic Materials 4.5
U.S. Oil Equipment, Services & Distribution 4.5
U.S. Leisure Goods 3.5
Precious Metals 3.0
Composite Internet 3.0

Top Intl ETFs
S&P Latin America 40 Index Fund 3
MSCI Brazil Index Fund 3
MSCI Hong Kong Index Fund 3
FTSE/Xinhua China 25 Index Fund 2
MSCI Emerging Markets Index Fund 2
MSCI Spain Index Fund 2

Strategy 3
Emerging Markets 16.7%
Money Market 16.7%
Industrial Materials 16.7%
Agriculture 16.7%
Precious Metals 16.7%
EAFE 16.7%
U.S. Large Cap 0.0%
U.S. Small Cap 0.0%
U.S. Long Bonds 0.0%
U.S. REITs 0.0%

Sorry for the late post. Been traveling during the holidays and haven't had time to get online until now.