9/30/2004 All Asset Total= $184,404.231
10/29/2004 Sold: $ 16,379.38 of IYE
10/29/2004 Sold: $ 4,966.74 of EWH
10/29/2004 Sold: $ 22,870.14 of IGE
10/29/2004 Sold: $ 3,246.11 of ILF
10/29/2004 Total Sold $47,462.37 of bottom 4 investable issues
10/29/2004 Bought: $5,273.60 of ICF which now has $ 22,947.91
10/29/2004 Bought: $5,273.60 of IYR which now has $ 22,710.05
10/29/2004 Bought: $5,273.60 of EWI which now has $ 10,713.99
10/29/2004 Bought: $5,273.60 of EWA which now has $ 10,731.08
10/29/2004 Bought: $5,273.60 of EPP which now has $ 15,983.83
10/29/2004 Bought: $5,273.60 of IDU which now has $ 5,273.60
10/29/2004 Bought: $5,273.60 of EZA which now has $ 22,662.60
10/29/2004 Bought: $5,273.60 of EWC which now has $ 10,723.95
10/29/2004 Bought: $5,273.60 of EWP which now has $ 5,273.60
10/29/2004 All Asset Total= $189,849.478
11/30/2004 Sold: $ 5,837.21 of EWJ
11/30/2004 Sold: $ 5,371.33 of IGN
11/30/2004 Sold: $ 5,500.82 of IDU
11/30/2004 Sold: $ 11,535.73 of EWA
11/30/2004 Sold: $ 11,258.52 of EWC
11/30/2004 Sold: $ 11,598.87 of IXC
11/30/2004 Total Sold $51,102.49 of bottom 6 investable issues
11/30/2004 Bought: $5,678.05 of EZA which now has $ 31,369.41
11/30/2004 Bought: $5,678.05 of EWO which now has $ 5,678.05
11/30/2004 Bought: $5,678.05 of IJJ which now has $ 5,678.05
11/30/2004 Bought: $5,678.05 of IWN which now has $ 5,678.05
11/30/2004 Bought: $5,678.05 of JKJ which now has $ 5,678.05
11/30/2004 Bought: $5,678.05 of IWS which now has $ 5,678.05
11/30/2004 Bought: $5,678.05 of IJR which now has $ 5,678.05
11/30/2004 Bought: $5,678.05 of IYM which now has $ 5,678.05
11/30/2004 Bought: $5,678.05 of IWM which now has $ 5,678.05
11/30/2004 All Asset Total= $204,409.954
12/31/2004 Sold: $ 5,876.21 of EWD
12/31/2004 Sold: $ 17,870.27 of EPP
12/31/2004 Sold: $ 5,718.11 of IYM
12/31/2004 Sold: $ 5,782.91 of IJR
12/31/2004 Sold: $ 5,795.79 of JKJ
12/31/2004 Sold: $ 5,785.33 of IWN
12/31/2004 Sold: $ 5,813.75 of IWM
12/31/2004 Sold: $ 858.01 of EZA
12/31/2004 Total Sold $53,500.38 of bottom 8 investable issues
12/31/2004 Bought: $5,350.04 of EWI which now has $ 17,711.20
12/31/2004 Bought: $5,350.04 of EWP which now has $ 11,391.43
12/31/2004 Bought: $5,350.04 of JKG which now has $ 5,350.04
12/31/2004 Bought: $5,350.04 of IYC which now has $ 5,350.04
12/31/2004 Bought: $5,350.04 of EWT which now has $ 5,350.04
12/31/2004 Bought: $5,350.04 of JKD which now has $ 5,350.04
12/31/2004 Bought: $5,350.04 of IYK which now has $ 5,350.04
12/31/2004 Bought: $5,350.04 of IXG which now has $ 5,350.04
12/31/2004 Bought: $5,350.04 of NYC which now has $ 5,350.04
12/31/2004 Bought: $5,350.04 of IYF which now has $ 5,350.04
12/31/2004 All Asset Total= $214,001.525
01/31/2005 Sold: $ 22,843.95 of ICF
01/31/2005 Sold: $ 22,787.85 of IYR
01/31/2005 Sold: $ 5,162.93 of IYC
01/31/2005 Sold: $ 472.94 of JKD
01/31/2005 Total Sold $51,267.66 of bottom 4 investable issues
01/31/2005 Bought: $5,696.41 of EWM which now has $ 5,696.41
01/31/2005 Bought: $5,696.41 of EWY which now has $ 11,953.23
01/31/2005 Bought: $5,696.41 of IYE which now has $ 5,696.41
01/31/2005 Bought: $5,696.41 of IXC which now has $ 12,082.21
01/31/2005 Bought: $5,696.41 of IDU which now has $ 5,696.41
01/31/2005 Bought: $5,696.41 of IGE which now has $ 5,696.41
01/31/2005 Bought: $5,696.41 of EWN which now has $ 5,696.41
01/31/2005 Bought: $5,696.41 of EWA which now has $ 5,696.41
01/31/2005 Bought: $5,696.41 of EWW which now has $ 5,696.41
01/31/2005 All Asset Total= $205,070.654
02/28/2005 Sold: $ 30,047.11 of EWZ
02/28/2005 Sold: $ 6,647.24 of IYE
02/28/2005 Sold: $ 6,458.87 of IGE
02/28/2005 Total Sold $43,153.21 of bottom 3 investable issues
02/28/2005 Bought: $21,576.61 of ILF which now has $ 25,487.23
02/28/2005 Bought: $21,576.61 of IXC which now has $ 35,491.17
02/28/2005 All Asset Total= $220,722.880
03/31/2005 Sold: $ 5,349.74 of EWM
03/31/2005 Sold: $ 12,277.44 of EWY
03/31/2005 Sold: $ 5,740.41 of EWA
03/31/2005 Sold: $ 5,478.45 of EWW
03/31/2005 Sold: $ 5,117.50 of IXG
03/31/2005 Sold: $ 18,593.26 of EZA
03/31/2005 Total Sold $52,556.79 of bottom 6 investable issues
03/31/2005 Bought: $5,255.68 of IYH which now has $ 5,255.68
03/31/2005 Bought: $5,255.68 of EWC which now has $ 5,255.68
03/31/2005 Bought: $5,255.68 of TLT which now has $ 5,255.68
03/31/2005 Bought: $5,255.68 of IAU which now has $ 5,255.68
03/31/2005 Bought: $5,255.68 of IDU which now has $ 11,127.71
03/31/2005 Bought: $5,255.68 of IYT which now has $ 5,255.68
03/31/2005 Bought: $5,255.68 of IYC which now has $ 5,255.68
03/31/2005 Bought: $5,255.68 of EWS which now has $ 5,255.68
03/31/2005 Bought: $5,255.68 of IYJ which now has $ 5,255.68
03/31/2005 Bought: $5,255.68 of ICF which now has $ 5,255.68
03/31/2005 All Asset Total= $210,227.173
04/29/2005 Sold: $ 16,957.09 of EWI
04/29/2005 Sold: $ 5,575.67 of EWN
04/29/2005 Sold: $ 4,970.48 of IYC
04/29/2005 Sold: $ 10,794.43 of EWP
04/29/2005 Sold: $ 4,934.74 of EWC
04/29/2005 Sold: $ 4,869.94 of IYT
04/29/2005 Sold: $ 3,257.53 of IYJ
04/29/2005 Total Sold $51,359.88 of bottom 7 investable issues
04/29/2005 Bought: $5,706.65 of EWH which now has $ 5,706.65
04/29/2005 Bought: $5,706.65 of IDU which now has $ 17,104.40
04/29/2005 Bought: $5,706.65 of EWM which now has $ 5,706.65
04/29/2005 Bought: $5,706.65 of IYZ which now has $ 5,706.65
04/29/2005 Bought: $5,706.65 of IYF which now has $ 10,702.88
04/29/2005 Bought: $5,706.65 of IYG which now has $ 5,706.65
04/29/2005 Bought: $5,706.65 of FXI which now has $ 5,706.65
04/29/2005 Bought: $5,706.65 of EWS which now has $ 10,991.37
04/29/2005 Bought: $5,706.65 of EWT which now has $ 10,750.60
04/29/2005 All Asset Total= $205,439.526
05/31/2005 Sold: $ 5,109.82 of IAU
05/31/2005 Sold: $ 5,598.83 of EWM
05/31/2005 Sold: $ 5,636.51 of FXI
05/31/2005 Sold: $ 5,706.65 of EWH
05/31/2005 Sold: $ 11,112.15 of EWS
05/31/2005 Sold: $ 5,756.36 of IYZ
05/31/2005 Sold: $ 13,691.89 of IDU
05/31/2005 Total Sold $52,612.22 of bottom 7 investable issues
05/31/2005 Bought: $5,845.80 of IGN which now has $ 5,845.80
05/31/2005 Bought: $5,845.80 of IGW which now has $ 5,845.80
05/31/2005 Bought: $5,845.80 of IXN which now has $ 5,845.80
05/31/2005 Bought: $5,845.80 of IBB which now has $ 5,845.80
05/31/2005 Bought: $5,845.80 of IWZ which now has $ 5,845.80
05/31/2005 Bought: $5,845.80 of TLT which now has $ 11,475.83
05/31/2005 Bought: $5,845.80 of IWP which now has $ 5,845.80
05/31/2005 Bought: $5,845.80 of KLD which now has $ 5,845.80
05/31/2005 Bought: $5,845.80 of JKK which now has $ 5,845.80
05/31/2005 All Asset Total= $210,448.885
06/30/2005 Sold: $ 1,825.26 of IYJ
06/30/2005 Sold: $ 4,752.33 of JKD
06/30/2005 Sold: $ 11,723.77 of TLT
06/30/2005 Sold: $ 5,295.10 of IYK
06/30/2005 Sold: $ 5,773.32 of IXN
06/30/2005 Sold: $ 5,831.54 of KLD
06/30/2005 Sold: $ 5,788.39 of IGN
06/30/2005 Sold: $ 5,504.41 of IYH
06/30/2005 Sold: $ 5,844.40 of IWZ
06/30/2005 Sold: $ 1,900.24 of EWT
06/30/2005 Total Sold $54,238.76 of bottom 10 investable issues
06/30/2005 Bought: $6,026.53 of IDU which now has $ 9,848.85
06/30/2005 Bought: $6,026.53 of FXI which now has $ 6,026.53
06/30/2005 Bought: $6,026.53 of EWC which now has $ 6,026.53
06/30/2005 Bought: $6,026.53 of IGE which now has $ 6,026.53
06/30/2005 Bought: $6,026.53 of IXC which now has $ 41,815.49
06/30/2005 Bought: $6,026.53 of IAU which now has $ 6,026.53
06/30/2005 Bought: $6,026.53 of IWN which now has $ 6,026.53
06/30/2005 Bought: $6,026.53 of JKI which now has $ 6,026.53
06/30/2005 Bought: $6,026.53 of JKH which now has $ 6,026.53
06/30/2005 All Asset Total= $216,955.030
07/29/2005 Sold: $ 9,658.86 of EWT
07/29/2005 Sold: $ 5,933.79 of IYG
07/29/2005 Sold: $ 6,541.20 of EWO
07/29/2005 Sold: $ 11,474.63 of IYF
07/29/2005 Sold: $ 10,055.13 of IDU
07/29/2005 Sold: $ 5,604.70 of NYC
07/29/2005 Sold: $ 7,812.32 of EZA
07/29/2005 Total Sold $57,080.63 of bottom 7 investable issues
07/29/2005 Bought: $5,708.06 of IGN which now has $ 5,708.06
07/29/2005 Bought: $5,708.06 of QQQQ which now has $ 5,708.06
07/29/2005 Bought: $5,708.06 of EWY which now has $ 5,708.06
07/29/2005 Bought: $5,708.06 of EEM which now has $ 5,708.06
07/29/2005 Bought: $5,708.06 of IWF which now has $ 5,708.06
07/29/2005 Bought: $5,708.06 of IGW which now has $ 12,137.35
07/29/2005 Bought: $5,708.06 of IGM which now has $ 5,708.06
07/29/2005 Bought: $5,708.06 of OOO which now has $ 5,708.06
07/29/2005 Bought: $5,708.06 of JKE which now has $ 5,708.06
07/29/2005 Bought: $5,708.06 of IWZ which now has $ 5,708.06
07/29/2005 All Asset Total= $228,322.507

Final Positions on 08/19/2005
IXC $45,087.08 EXTRADED S&P Global Energy(iS)
ILF $28,514.28 EXTRADED S&P 40 Latin America(iS)
IGW $11,832.06 EXTRADED GS Semiconductor(iS)
FXI $ 6,604.81 EXTRADED FTSE/Xinhua China 25(iS)
IGE $ 6,528.47 EXTRADED GS Natural Resour(iS)
IBB $ 6,519.78 EXTRADED NASDAQ Biotechnology(iS)
EWC $ 6,501.35 EXTRADED MSCI Canada(iS)
IWS $ 6,402.21 EXTRADED Russell MidCap Value(iS)
IJJ $ 6,344.35 EXTRADED S&P 400 MidCap Barra Value(iS)
JKH $ 6,306.34 EXTRADED Morningstar Mid Growth(iS)
IWP $ 6,176.49 EXTRADED Russell MidCap Growth(iS)
JKK $ 6,157.74 EXTRADED Morningstar Small Growth(iS)
JKI $ 6,156.90 EXTRADED Morningstar Mid Value(iS)
ICF $ 6,152.84 EXTRADED Cohen & Steers Realty(iS)
IWN $ 6,106.20 EXTRADED Russell 2000 Value(iS)
IAU $ 6,058.42 EXTRADED Comex Gold Trust(iS)
EEM $ 5,665.86 EXTRADED MSCI Emerging Markets(iS)
IGN $ 5,635.76 EXTRADED GS Networking(iS)
JKE $ 5,624.45 EXTRADED Morningstar Large GrowtH(iS)
IGM $ 5,621.33 EXTRADED GS Technology(iS)
EWY $ 5,619.25 EXTRADED MSCI South Korea(iS)
IWF $ 5,613.00 EXTRADED Russell 1000 Growth(iS)
IWZ $ 5,607.65 EXTRADED Russell 3000 Growth(iS)
QQQQ$ 5,599.87 EXTRADED NASDAQ 100
JKG $ 5,594.19 EXTRADED Morningstar Mid Core(iS)
OOO $ 5,565.36 EXTRADED O Strip(stTr)
EZA $ 3,822.14 EXTRADED MSCI South Africa(iS)
EWA $ .00 EXTRADED MSCI Australia(iS)
EFA $ .00 EXTRADED MSCI EAFE(iS)
IJH $ .00 EXTRADED S&P 400 MidCap(iS)
EPP $ .00 EXTRADED MSCI Pacific ex Japan(iS)
IWV $ .00 EXTRADED Russell 3000(iS)
EWH $ .00 EXTRADED MSCI Hong Kong(iS)
IYY $ .00 EXTRADED DJ US Total Market(iS)
ITF $ .00 EXTRADED S&P 150 Topix(iS)
IYJ $ .00 EXTRADED DJ US Industrial(iS)
EWJ $ .00 EXTRADED MSCI Japan(iS)
IDU $ .00 EXTRADED DJ US Utilities(iS)
IXG $ .00 EXTRADED S&P Global Financial(iS)
IYE $ .00 EXTRADED DJ US Energy(iS)
EWM $ .00 EXTRADED MSCI Malaysia(iS)
IYC $ .00 EXTRADED DJ US Consumer Cyclical(iS)
IXP $ .00 EXTRADED S&P Global Telecommunicatio(iS)
EWT $ .00 EXTRADED MSCI Taiwan(iS)
IXN $ .00 EXTRADED S&P Global Information Tech(iS)
IEV $ .00 EXTRADED S&P 350 Europe Plus(iS)
IXJ $ .00 EXTRADED S&P Global Healthcare(iS)
IWW $ .00 EXTRADED Russell 3000 Value(iS)
TLT $ .00 EXTRADED Lehman 20+ Year Treasuries(iS)
IJK $ .00 EXTRADED S&P 400 MidCap Barra Growth(iS)
LQD $ .00 EXTRADED GS InvestTop Corp Bonds(iS)
EZU $ .00 EXTRADED MSCI EMU(iS)
SHY $ .00 EXTRADED Lehman 1-3 Year Treasuries(iS)
IOO $ .00 EXTRADED S&P 100 Global(iS)
IEF $ .00 EXTRADED Lehman 7-10 Year Treasuries(iS)
EWW $ .00 EXTRADED MSCI Mexico(iS)
IJR $ .00 EXTRADED S&P 600 SmallCap(iS)
IWB $ .00 EXTRADED Russell 1000(iS)
IWM $ .00 EXTRADED Russell 2000(iS)
IGV $ .00 EXTRADED GS Software(iS)
AGG $ .00 EXTRADED Lehman Aggregate Bond(iS)
EWO $ .00 EXTRADED MSCI Austria(iS)
IYT $ .00 EXTRADED DJ Transportation Average(iS)
EWG $ .00 EXTRADED MSCI Germany(iS)
DVY $ .00 EXTRADED DJ Select Dividend Index(iS)
IYF $ .00 EXTRADED DJ US Financial(iS)
TIP $ .00 EXTRADED Lehman TIPS Bond(iS)
IYH $ .00 EXTRADED DJ US Healthcare(iS)
ISI $ .00 EXTRADED S&P1500(iS)
IYK $ .00 EXTRADED DJ US Consumer NonCyclical(iS)
NYC $ .00 EXTRADED NYSE Composite(iS)
EWZ $ .00 EXTRADED MSCI-Brazil(iS)
NY $ .00 EXTRADED NYSE 100(iS)
IVE $ .00 EXTRADED S&P 500 Barra Value(iS)
JKL $ .00 EXTRADED Morningstar Small Value(iS)
IWO $ .00 EXTRADED Russell 2000 Growth(iS)
EWS $ .00 EXTRADED MSCI Singapore(iS)
OEF $ .00 EXTRADED S&P 100(iS)
JKJ $ .00 EXTRADED Morningstar Small Core(iS)
IVW $ .00 EXTRADED S&P 500 Barra Growth(iS)
EWP $ .00 EXTRADED MSCI Spain(iS)
IYZ $ .00 EXTRADED DJ US Telecom(iS)
EWD $ .00 EXTRADED MSCI Sweden(iS)
IYG $ .00 EXTRADED DJ US Financial Services(iS)
IYW $ .00 EXTRADED DJ US Technology(iS)
EWU $ .00 EXTRADED MSCI United Kingdom(iS)
JKF $ .00 EXTRADED Morningstar Large Value(iS)
EWK $ .00 EXTRADED MSCI Belgium(iS)
EWN $ .00 EXTRADED MSCI Netherlands(iS)
IWR $ .00 EXTRADED Russell MidCap(iS)
JKD $ .00 EXTRADED Morningstar Large Core(iS)
IYM $ .00 EXTRADED DJ US Basic Materials(iS)
IVV $ .00 EXTRADED S&P 500(iS)
IWD $ .00 EXTRADED Russell 1000 Value(iS)
EWL $ .00 EXTRADED MSCI Switzerland(iS)
EWQ $ .00 EXTRADED MSCI France(iS)
EWI $ .00 EXTRADED MSCI Italy(iS)
KLD $ .00 EXTRADED KLD Select Social(iS)
IYR $ .00 EXTRADED DJ US Real Estate(iS)
Final Total assets = $227,418.20