Week of 2-17-2008

Timing Model = -.5
40% long, 60% cash
10 day moving average: 50% long, 50% 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 & Gas 5.5
U.S. Basic Materials 4.5
U.S. Biotechnology 4.0
Precious Metals 4.0
U.S. Oil Equipment, Services & Distribution 4.0

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

Strategy 3
Money Market 25.0%
Agriculture 25.0%
Precious Metals 25.0%
Industrial Materials 25.0%
Emerging Markets 0.0%
EAFE 0.0%
U.S. Large Cap 0.0%
U.S. Small Cap 0.0%
U.S. Long Bonds 0.0%
U.S. REITs 0.0%