Colby Global Markets Report

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Colby Global Markets Report Prices and rankings as of the close on May 6, 2011 Sometimes, strictly following my Top 10 ETF picks is not enough. As I always say, " Please note that this is a high-volatility strategy: the stocks that go up the most when the stock market is in a Bullish trend often go down the most during market corrections to the downside." Last week's simulated performance was a good example of the risks of blindly following my Top 10 ETF research study. Note that we did not suffer losses in our professionally manage accounts last week: our accounts actually rose in value. For more information on our professionally managed accounts, go to http://www.colbyassetmanagement.com This new report is intended to add value to my Top 10 ETF research study with additional research intended to give you a more complete strategy that you can apply with greater confidence. I know how important it is to you to preserve and grow your capital. The best way do this is to participate fully in market uptrends and to cut risk decisively in significant market downtrends. It is even better if you can anticipate in advance changes in trend, and I'll try my best to help you with that by carefully calculating and weighing Reward versus Risk probabilities in this report each week. Updates between weekly reports also will be emailed to you when changing conditions warrant. Trouble In The Economy: The latest data are significantly worse than economists expected and suggest weakness going forward. U.S. gross domestic product slowed to a 1.8% annual pace in the first quarter, down from 3.1% in the fourth quarter, and growth for the second quarter appears to be shaping up to decline further. That would be deflationary. Technical Difficulties For The Stock Market: Sharp declines in the prices of commodities across the board, led by a dramatic collapse of the silver bubble, has led to the sudden reversal of the so-called "inflation trade", when speculators buy stocks and sell fixed-income instruments. Financial SPDR stock sector ETF Relative Strength Ratio (XLF/SPY) fell below 2-year lows last week and remains bearish. Financial trouble is never good for the broader stock market. Sentiment indicators have been suggesting that the stock market has been over loved and overbought for weeks already--when everybody thinks alike, everyone is likely to be wrong. In addition, the U.S. stock market is entering its worst performing season, May through October. Market Assessment: Stocks: The Dow Theory still indicates a Bull Market. It is an old Bull: 25 months of uptrend is mature by historical standards. As a Bull Market ages, risks increase, so we need to be cautious and be prepared with an exit strategy. A market top often takes time to play out, however, sometimes taking many months, so we also need to stay flexible to be ready to adjust our strategy if the market starts another leg up.

Transcript of Colby Global Markets Report

Page 1: Colby Global Markets Report

Colby Global Markets Report

Prices and rankings as of the close on May 6, 2011 Sometimes, strictly following my Top 10 ETF picks is not enough. As I always say, " Please note that this is a high-volatility strategy: the stocks that go up the most when the stock market is in a Bullish trend often go down the most during market corrections to the downside." Last week's simulated performance was a good example of the risks of blindly following my Top 10 ETF research study. Note that we did not suffer losses in our professionally manage accounts last week: our accounts actually rose in value. For more information on our professionally managed accounts, go to http://www.colbyassetmanagement.com This new report is intended to add value to my Top 10 ETF research study with additional research intended to give you a more complete strategy that you can apply with greater confidence. I know how important it is to you to preserve and grow your capital. The best way do this is to participate fully in market uptrends and to cut risk decisively in significant market downtrends. It is even better if you can anticipate in advance changes in trend, and I'll try my best to help you with that by carefully calculating and weighing Reward versus Risk probabilities in this report each week. Updates between weekly reports also will be emailed to you when changing conditions warrant. Trouble In The Economy: The latest data are significantly worse than economists expected and suggest weakness going forward. U.S. gross domestic product slowed to a 1.8% annual pace in the first quarter, down from 3.1% in the fourth quarter, and growth for the second quarter appears to be shaping up to decline further. That would be deflationary. Technical Difficulties For The Stock Market: Sharp declines in the prices of commodities across the board, led by a dramatic collapse of the silver bubble, has led to the sudden reversal of the so-called "inflation trade", when speculators buy stocks and sell fixed-income instruments. Financial SPDR stock sector ETF Relative Strength Ratio (XLF/SPY) fell below 2-year lows last week and remains bearish. Financial trouble is never good for the broader stock market. Sentiment indicators have been suggesting that the stock market has been over loved and overbought for weeks already--when everybody thinks alike, everyone is likely to be wrong. In addition, the U.S. stock market is entering its worst performing season, May through October. Market Assessment: Stocks: The Dow Theory still indicates a Bull Market. It is an old Bull: 25 months of uptrend is mature by historical standards. As a Bull Market ages, risks increase, so we need to be cautious and be prepared with an exit strategy. A market top often takes time to play out, however, sometimes taking many months, so we also need to stay flexible to be ready to adjust our strategy if the market starts another leg up.

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General Stock Market Trends (based on the Dow Theory and many other indicators) Shortest-Term Daily: down Short-Term Weekly: down, risk of a significant downside correction appears high Medium-Term Monthly: neutral, probably turning down Longer-Term Quarterly: neutral, has lost upside momentum Long-Term Yearly: technically still up, but getting old and could be topping Bonds: Turning bullish after building a medium-term bullish base since the low of 2/9/11. Weakness in the economy and deflating commodity prices are good for Bond prices. Bonds are now rising in my rankings from a low level at the bottom of the list. The best performing ETFs in my main list of 141 ETFs last week were Bond ETFs:

Bond, 20+ Years Treasury, TLT up 1.26%

Bond, 10 Year Treasury, IEF up 0.78%

Commodities: Suddenly deflating, led by a collapse of the silver bubble. Dramatic downside reversals after a long period of sharply rising prices and overbought sentiment. Going forward from here, expect very high two-way, up and down volatility with a downside bias. These markets are for highly skilled professional traders only. This bearish reversal comes as no surprise to my readers. A week ago, I wrote: " Silver nearest futures contract price broke sharply below the lows of the previous 2 weeks. The short-term price trend has turned down. If this downtrend continues, it could have implications for inflation expectations. " 9 Major Stock Market Sectors: Clear shift toward more defensive sectors that are insulated from economic contraction. That trend may continue. The only winners last week were:

Health Care SPDR, XLV up 0.74%

Telecom DJ US, IYZ up 0.41%

Utilities SPDR, XLU up 0.39%

The 9 Major Stock Sectors are ranked below by long-term, major-trend Relative Strength. Industrial rose to the top, but only because of the 7.06% drop in Energy. Industrial was actually down 1.63% last week. Industrial now looks no better than neutral, technically. When the top-ranked sectors are only neutral, we know that the general market is in difficulty.

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Rank Rating, Weighting 9 Major Stock Sectors Ranked, symbol

1 Neutral, Market Weight Industrial SPDR, XLI

2 Neutral, Market Weight Consumer Discretionary SPDR, XLY

3 Neutral, Market Weight Energy SPDR, XLE

4 Neutral, Market Weight Health Care SPDR, XLV

5 Neutral, Market Weight Consumer Staples SPDR, XLP

6 Neutral, Market Weight Materials SPDR, XLB

7 Bearish, Under Weight Technology SPDR, XLK

8 Neutral, Market Weight Utilities SPDR, XLU

9 Bearish, Under Weight Financial SPDR, XLF

Note that many traders use the 20-day, 50-day, and 200-day SMAs (simple moving averages) as technical support and resistance levels.

9 Major Stock Sectors Ranked, symbol 5-Day ROC CLOSE SMA 20 SMA 50 SMA 200

Industrial SPDR, XLI -1.63 38.07 37.70 37.21 34.02

Consumer Discretionary SPDR, XLY -0.64 40.29 39.78 39.18 36.22

Energy SPDR, XLE -7.06 74.80 77.65 77.68 66.04

Health Care SPDR, XLV 0.74 35.50 34.45 33.40 31.46

Consumer Staples SPDR, XLP -0.25 31.44 31.00 30.20 28.86

Materials SPDR, XLB -3.72 39.35 39.85 39.29 36.36

Technology SPDR, XLK -0.97 26.48 26.22 26.00 24.57

Utilities SPDR, XLU 0.39 33.29 32.44 32.06 31.57

Financial SPDR, XLF -1.65 16.11 16.21 16.35 15.49

Top 10 ETFs Ranked by Major Trend Relative Strength This list, updated each week, outperformed the S&P 500 by 145 percentage points since August, 2004, in simulation. To arrive at my Top 10 ETF picks, I use a proprietary formula, somewhat similar conceptually to a six-month rate of price change filtered to dampen random noise. I rank all the ETFs in my universe from highest rate of change to lowest rate of change. Finally, I pick the highest ranked 10 ETFs each week. These Top 10 are the best performing ETFs, the ones with the strongest major trend price momentum.

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Please note that this is a high-volatility strategy: the stocks that go up the most when the stock market is in a Bullish trend often go down the most during market corrections to the downside. In addition, please note that this Top 10 list is a research study and is not investment advice. Your use of this report means that you have read, understood, and accepted my Disclaimer on the last 2 pages of this report.

Weekly Rank, Name, Symbol

99 Silver Trust iS, SLV

99 Biotech SPDR, XBI

98 South Korea Index, EWY

97 Growth SmallCap VIPERs, VBK

96 Sweden Index, EWD

96 Growth BARRA Small Cap 600, IJT

95 Growth MidCap 400 B, IJK

94 Germany Index, EWG

94 Indonesia MV, IDX

93 Growth SmallCap R 2000, IWO

141 Select Exchange Traded Funds (ETFs) Ranked: This list is filtered to exclude short, leveraged, and inactive ETFs trading less than 90,000 shares a day on average. Ranks are based on my updated version of the Screening Method for Analysis of Relative Strength, using a proprietary formula, somewhat similar conceptually to a filtered six-month rate of price change. For details on Relative Strength, see my book, pages 604-609, or see my White Paper, "Introduction to the Screening Method for Analysis of Relative Strength", by Robert W. Colby, CMT, outlining some of the research behind my Relative Strength Ranking Method. Research studies suggest that ETFs ranked in the top decile (highest tenth) of the list (with a rank of 90 and higher) may have a greater probability of outperforming the market in the months ahead. Rank, Interpretation 100 to 90, Buy 89 to 70, Hold 69 to 50, Neutral, Market Perform 49 to 30, Avoid 29 to 0, Sell Weekly Rank, Name, Symbol 99 Silver Trust iS, SLV

99 Biotech SPDR, XBI

98 South Korea Index, EWY

97 Growth SmallCap VIPERs, VBK

96 Sweden Index, EWD

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96 Growth BARRA Small Cap 600, IJT

95 Growth MidCap 400 B, IJK

94 Germany Index, EWG

94 Indonesia MV, IDX

93 Growth SmallCap R 2000, IWO

92 Growth MidCap Russell, IWP

92 Semiconductor SPDR, XSD

91 Switzerland Index, EWL

90 Transportation Av DJ, IYT

89 Realty Cohen & Steers, ICF

89 MidCap S&P 400 iS, IJH

88 MidCap S&P 400 SPDRs, MDY

87 Silver Miners Global X, SIL

87 Small Cap VIPERs, VB

86 Industrial SPDR, XLI

85 Thailand MSCI iS, THD

85 MidCap Russell, IWR

84 REIT Wilshire, RWR

83 Consumer Discretionary SPDR, XLY

82 Metals & Mining SPDR, XME

82 Taiwan Index, EWT

81 Health Care SPDR, XLV

80 Energy SPDR, XLE

80 SmallCap S&P 600, IJR

79 Energy VIPERs, VDE

78 Basic Materials DJ US, IYM

77 LargeCap Blend S&P=Weight R, RSP

77 REIT VIPERs, VNQ

76 Gold Shares S.T., GLD

75 SmallCap Russell 2000, IWM

75 Energy DJ, IYE

74 Telecom DJ US, IYZ

73 QQQ Nasdaq 100 Trust, QQQ

73 Real Estate US DJ, IYR

72 Chile MSCI iS, ECH

71 Value MidCap Russell, IWS

70 Value MidCap S&P 400 B, IJJ

70 Semiconductor iS IGW, SOXX

69 DIAMONDS (DJIA), DIA

68 Growth 1000 Russell, IWF

68 Value LargeCap Dynamic PS, PWV

67 Small Cap EAFE MSCI iS, SCZ

66 Homebuilders SPDR, XHB

65 Growth VIPERs, VUG

65 Blend Total Market VIPERs, VTI

64 Value SmallCap VIPERS, VBR

63 Growth S&P 500/BARRA, IVW

63 Belgium Index, EWK

62 Microcap Russell, IWC

61 LargeCap Blend Russell 3000, IWV

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61 LargeCap 1000 R, IWB

60 Dividend DJ Select, DVY

59 Consumer Staples SPDR, XLP

58 Australia Index, EWA

58 LargeCap VIPERs, VV

57 France Index, EWQ

56 S&P 500 SPDRs LargeCap Blend, SPY

56 Value VIPERs, VTV

55 Europe 350 S&P Index, IEV

54 S&P 500 iS LargeCap Blend, IVV

54 Dividend Appreciation Vipers, VIG

53 Value SmallCap S&P 600 B, IJS

52 EMU Europe Index, EZU

51 Energy & Nat Res iS GS, IGE

51 Value 1000 Russell, IWD

50 Value SmallCap Russell 2000, IWN

49 Info Tech VIPERs, VGT

49 Energy Global, IXC

48 Value S&P 500 B, IVE

47 Growth EAFE MSCI, EFG

46 Malaysia Index, EWM

46 South Africa Index, EZA

45 Netherlands Index, EWN

44 Materials SPDR, XLB

44 Pacific ex-Japan, EPP

43 Austria Index, EWO

42 Technology DJ US, IYW

42 Networking, IGN

41 Dividend International, PID

40 Technology SPDR, XLK

39 LargeCap Blend S&P 100, OEF

39 Global 100, IOO

38 European VIPERs, VGK

37 EAFE Index, EFA

37 Dividend SPDR, SDY

36 Water Resources, PHO

35 Utilities VIPERs, VPU

35 Canada Index, EWC

34 Emerging VIPERs, VWO

33 Emerging Markets, EEM

32 Global ex US ACWI iS, ACWX

32 United Kingdom Index, EWU

31 Agriculture DB PS, DBA

30 Commodity Tracking, DBC

30 Utilities SPDR, XLU

29 Singapore Index, EWS

28 Value EAFE MSCI, EFV

27 Italy Index, EWI

27 China LargeCap Growth G D H USX PS, PGJ

26 Mexico Index, EWW

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25 Hong Kong Index, EWH

25 Bond Ex-US Treas, BWX

24 Turkey MSCI iS, TUR

23 Dividend High Yield Equity PS, PEY

23 Financials VIPERs, VFH

22 Financial DJ US, IYF

21 Russia MV, RSX

20 Spain Index, EWP

20 Financial Preferred, PGF

19 Oil Fund PowerShares, DBO

18 Financial SPDR, XLF

18 Pacific VIPERs, VPL

17 Bond, TIPS, TIP

16 Bond, High-Yield Corporate, HYG

15 Preferred Stock iS, PFF

15 Latin Am 40, ILF

14 Bond, Corp, LQD

13 Capital Markets KWB ST, KCE

13 Bond, High-Yield Junk, JNK

12 Emerging 50 BLDRS, ADRE

11 Frontier Markets Guggenheim , FRN

11 Financial Services DJ, IYG

10 China 25 iS, FXI

9 Bond, 10 Year Treasury, IEF

8 Japan Index, EWJ

8 Bond EmrgMkt JPM iS, EMB

7 Bond, 20+ Years Treasury, TLT

6 Bond, Aggregate, AGG

6 Oil, Crude, U.S. Oil Fund, USO

5 Bond Muni ATM-Free S&P iS, MUB

4 Bond, 1-3 Year Treasury, SHY

4 Bond Treasury Short-Term iS, SHV

3 Brazil Index, EWZ

2 India PS, PIN

1 India Earnings WTree, EPI

1 WilderHill Clean Energy PS, PBW

1273 Exchange Traded Funds (ETFs) and Closed-End Listed Funds Ranked: (includes short, leveraged, and inactive funds trading less than 90,000 shares a day on average, so use great caution when trading) Weekly Rank, Name, Symbol 100 , HIGH YIELD INCOME CF , HYI

100 , FIRST OPPORTUNITY , FF

100 , B2B INTERNET HOLDRS , BHH

100 , DXN DL MC BUL3X , MWJ

100 , DXN DL SC BUL3X , TNA

100 , IPATH DJAIG COFF , JO

99 , PROSHS ULTRA RUSS MIDCAP GROWTH ETF , UKW

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99 , DXN DL LC BUL3X , BGU

99 , BLACKROCK WORLD INVESTMENT CF , BWC

99 , PS ULTRA SILVER , AGQ

99 , PROSHS ULTRA RUSSELL2000 GROWTH ETF , UKK

99 , ULTRA HEALTH CARE PROSHARES ETF , RXL

99 , DXN DL EGBUL 3X , ERX

99 , ULTRA CONSUMER SERVICES ETF , UCC

99 , ULTRA INDUSTRIALS ETF , UXI

99 , ULTRA MIDCAP400 PROSHARES ETF , MVV

99 , E-TRACS BB SLVER , USV

99 , PRSH ULTRA TELCM , LTL

99 , ISHARES SILVER TRUST ETF , SLV

98 , ULTRA REAL ESTATE ETF , URE

98 , POWERSHARES DB SILVER ETF , DBS

98 , PROSHS ULTRA RUSS MIDCAP VALUE ETF , UVU

98 , ULTRA CONSUMER GOODS ETF , UGE

98 , ULTRA SEMICONDUCTORS ETF , USD

98 , PROSHARES TR ULTRA SMALLCAP600 ETF , SAA

98 , ULTRA DOW30 PROSHARES ETF , DDM

98 , UNITED STATES GASOLINE ETF , UGA

98 , PROSHARES TR ULTRA RUSSELL2000 ETF , UWM

98 , NEW GERMANY FUND , GF

98 , DIVIDEND CAPITAL RLTY INCM ALLC ETF , DCA

98 , PS ULTRA GOLD , UGL

97 , ULTRA BASIC MATERIALS ETF , UYM

97 , ULTRA QQQ PROSHARES ETF , QLD

97 , KOREA EQUITY CF , KEF

97 , DB GOLD DOUBLE LONG NOTE , DGP

97 , COLFAX CORP , CFX

97 , FIRST TRUST BIOTECH INDEX CF ETF , FBT

97 , PROSHS ULTRA RUSSELL1000 GROWTH ETF , UKF

97 , ULTRA OIL & GAS PROSHARES ETF , DIG

97 , ISHARES DOW JONES US HLTH CRE IDX ET , IHF

97 , SUNAMERICA FOCUSED ALPHA GROWTH CF , FGF

97 , H&Q LIFE SCIENCES INVESTOR CF , HQL

97 , PS NASDAQ INTRNT , PNQI

97 , FIRST TRUST HEALTH CARE ALPHADEX ETF , FXH

96 , SUNAMERICA FC LC , FGI

96 , RYDEX 2X S&P 500 ETF , RSU

96 , ULTRA S&P500 PROSHARES ETF , SSO

96 , PWRSHRS PHARM ETF , PJP

96 , PROSHS ULTRA RUSSELL1000 VALUE ETF , UVG

96 , KOREA CF , KF

96 , DB ELEMENTS BG LC , BVL

96 , SPDR S&P BIOTECH ETF , XBI

96 , PWRSHRS DYNMIC HEATHCARE SEC ETF , PTH

96 , NEW IRELAND CF , IRL

96 , PWRSHRS SMLCAP GR ETF , PWT

96 , FIRST TR CONSUMR STAPLS ALPHADEX ETF , FXG

96 , ISHARES MSCI SOUTH KOREA ETF , EWY

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95 , NUVEEN R EST INM , JRS

95 , RYDEX S&P MIDCAP 400 PURE GROWTH ETF , RFG

95 , COHEN STEERS QUAL INCOME REALTY CF , RQI

95 , SPDR SP RETAIL , XRT

95 , PS DYN SM CONDCTR , PSI

95 , RYDEX S&P EQUAL WEIGHT HLTH CARE ETF , RYH

95 , H&Q HEALTHCARE INVESTORS CF , HQH

95 , PROSHS ULTRA RUSSELL2000 VALUE ETF , UVT

95 , TAIWAN GREATER CHINA CF , TFC

95 , ISHR NASDAQ BIO , IBB.O

95 , FIRST TR CONS DSCRTNRY ALPHADEX ETF , FXD

95 , COHEN STEERS REIT PREFER INCOME CF , RNP

95 , ISHARES DOW JNS US MEDI DVCE IDX ETF , IHI

94 , DXN DLY TC BUL3X , TYH

94 , SEMICONDUCTOR HOLDRS , SMH

94 , MASSMUTUAL CORPORATE INVESTOR ETF , MCI

94 , EUROPEAN EQUITY CF , EEA

94 , PWRSHRS DYNMIC ENRGY SEC ETF , PXI

94 , VANGUARD SMALL-CAP GROWTH ETF , VBK

94 , POWERSHARES DYNAMIC RETAIL PRTFL ETF , PMR

94 , iSHARES SWEDEN ETF , EWD

94 , MARKET VCTRS GMG , BJK

94 , RYDEX S&P SMALLCP 600 PURE GRWTH ETF , RZG

94 , iSHARES SML GRWTH ETF , JKK

94 , IPTH DJAIG PR MT , JJP

93 , ISHARES S&P S CAP600 GR FUND ETF , IJT

93 , DB ELMT BG TL MK , BVT

93 , ISHARES S&P MIDCAP 400 GR FUND ETF , IJK

93 , iSHARES MSCI GER ETF , EWG

93 , ML INTERNET HOLDRS ETF , HHH

93 , ELMTS CS GBL WRM , GWO

93 , FIRST TRUST TECHNOLOGY ALPHADEX ETF , FXL

93 , PWRSHRS DYNMIC BSC MATRLS SEC ETF , PYZ

93 , ULTRA UTILITIES PROSHARES ETF , UPW

93 , MKT VCTR INDONESIA , IDX

93 , CLAYMORE/SABRIENT INSIDER ETF , NFO

93 , PWRSHRS NETWRK ETF , PXQ

93 , ISHARES DOW JONES US PHARMA IDX ETF , IHE

92 , TORTOISE CAPITAL RESOURCES ETF , TTO

92 , PWRSHRS MIDCAP ETF , PWJ

92 , IPATH DJAIG COTN , BAL

92 , POWERSHARES BUYBACK ACHIEVERS ETF , PKW

92 , TAIWAN FUND ETF , TWN

92 , MACQUARIE FIRST GLBL INFR UTL DIV CF , MFD

92 , ULTRA TECHNOLOGY PROSHARES ETF , ROM

92 , iSHARES MID GRWTH ETF , JKH

92 , POWERSHARES DWA TECHNICL LEADERS ETF , PDP

92 , ISHARES RUSSELL 2000 GROWTH INDX ETF , IWO

92 , FT NASDAQ100 EX TCHNO SCTR INDX ETF , QQXT

92 , VANGUARD MID-CAP GROWTH ETF , VOT

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92 , PACHOLDER HIGH YIELD ETF , PHF

91 , PWRSHRS DYNMIC INDUSTRIALS SEC ETF , PRN

91 , SWISS HELVETIA CF , SWZ

91 , SPDR S&P PHARMACEUTICALS ETF , XPH

91 , iSHARES RUS MIDGRW ETF , IWP

91 , POWERSHARES DB PRECIOUS METALS ETF , DBP

91 , FIRST TRUST VALUE LINE 100 ETF , FVL

91 , SPDR S&P SEMICONDUCTOR ETF , XSD

91 , FIRST TRUST INTERNET INDEX CF ETF , FDN

91 , REVSH NA OV A100 , RWV

91 , CLAYMORE RAYMONDS JAMES ETF , RYJ

91 , iSHARES MID CORE ETF , JKG

91 , POWERSHARES DYNAMIC EXPLRTN PRDN ETF , PXE

90 , DREMAN/CLAYMORE DIVIDEND & INCOME CF , DCS

90 , WISDOMTREE EUROPE SMLCP DIVIDEND ETF , DFE

90 , FIRST TRUST MID CAP COR ALPHADEX ETF , FNX

90 , PWRSHRS BIOTEC ETF , PBE

90 , WEBS SWITZERLAND ETF , EWL

90 , RYDEX S&P 500 PURE GROWTH ETF , RPG

90 , CENTRAL SECURITY , CET

90 , WISDOMTREE MIDCAP EARNINGS ETF , EZM

90 , ISHARES DJ TRANSPTN AVG INDX ETF , IYT

90 , LMP CAPITAL & INCM CF , SCD

90 , FIRST TRUST IPOX 100 INDEX ETF , FPX

90 , PIMCO GLOBAL STOCKSPLUS INCOME CF , PGP

90 , PWRSHRS DYNMIC CNSUMR DISC SCTR ETF , PEZ

89 , RYDEX S&P EQUAL WEIGHT ENERGY ETF , RYE

89 , SPDR DJ WILSHIRE MID CAP ETF , EMM

89 , NEUBERGER BERMN REAL EST SEC INCM CF , NRO

89 , CLYMR ZACKS MID CAP CORE ETF , CZA

89 , FIRST TR NAS 100 EQL WEGHTD INDX ETF , QQEW

89 , RYDEX S&P 500 PURE VALUE ETF , RPV

89 , FIRST TRUST DB STRTGC VALUE INDX ETF , FDV

89 , POWERSHARES DYNAMIC SMALL CAP ETF , PJM

89 , FIRST TR MULTI CP GRWTH ALPHADEX ETF , FAD

89 , VANGUARD HEALTH CARE ETF , VHT

89 , FIRST TRUST ENERGY ALPHADEX ETF , FXN

89 , ISHARES S&P GSTI SOFTWARE INDEX ETF , IGV

89 , RYDEX S&P EQL WGT CNSMR DISCRTRY ETF , RCD

88 , IPATH DJAIG TIN , JJT

88 , VANGUARD CONSUMER DISCRETIONARY ETF , VCR

88 , ISHARES TRUST COHEN FD ETF , ICF

88 , iSHARES S&P MD 400 ETF , IJH

88 , SPDR MIDCAP 400 ETF , MDY

88 , ISHRS FTSE EPRA NAREIT EURP IDX ETF , IFEU

88 , NFJ DIV INTEREST & PREM STRATEGY CF , NFJ

88 , iSHARES DJ IND SEC ETF , IYJ

88 , POWERSHARES DYNM OIL SRVCS PRTFL ETF , PXJ

88 , VANGUARD INDUSTRIALS ETF , VIS

88 , ISHS FTSE EPRA NAREIT NA IDX ETF , IFNA

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88 , PS DYN MEDIA PF , PBS

88 , VANGUARD EXTENDED MARKET ETF , VXF

87 , VANGUARD SMALL-CAP ETF , VB

87 , INDUSTRIAL SELEC SPDR ETF , XLI

87 , REVENUESHARES MC , RWK

87 , VANGUARD MID-CAP ETF , VO

87 , SOURCE CAPITAL CF , SOR

87 , POWERSHARES DYNAMIC MID CAP ETF , PJG

87 , PS AC US REAL EST , PSR

87 , iSHARES SML CORE ETF , JKJ

87 , SPDR S&P OIL & GAS EXPL & PROD ETF , XOP

87 , iSHARES DJ US HTH CRE ETF , IYH

87 , ISHARES DJONES US OIL EQP & SER ETF , IEZ

87 , ISHS FTSE NAREIT RETAIL INDEX ETF , RTL

86 , ROYCE VALUE CF , RVT

86 , iSHARES S&P GLOB HEALTH ETF , IXJ

86 , ISHR THAI IN MKT , THD

86 , BEAR STEARNS ORD , BSC

86 , ISHS FTSE NAREIT RESIDENTL IDX ETF , REZ

86 , PWRSHRS DYNMIC MAGNIQUANT ETF , PIQ

86 , iSHARES RUS MID ETF , IWR

86 , ML SOFTWARE HOLDRS ETF , SWH

86 , DJ WILSHIRE REIT ETF , RWR

86 , PWRSHRS FODBEV ETF , PBJ

86 , FIRST TRUSTFOUR CORNERS SENIOR II CF , FCT

86 , CONSUMER DISCRE SPDR ETF , XLY

86 , SPDR S&P METALS & MINING ETF , XME

85 , FIRST TRUST S&P REIT INDEX ETF , FRI

85 , iSHARES DJ US COM SER ETF , IYC

85 , iSHARES MSCI TAI ETF , EWT

85 , PWSHS FTSE RAFI ASIA PCFC EX JPN ETF , PAF

85 , RYDEX S&P EQUAL WGHT INDTRL ETF , RGI

85 , ISHARES S&P GBL INDTRLS SCTR IND ETF , EXI

85 , CLYMR OCEAN TOMO GROWTH INDEX ETF , OTR

85 , HEALTH CARE SELC SPDR ETF , XLV

85 , CENTRAL FUND CDA ETF , CEF

85 , BROADBAND HOLDRS , BDH

85 , ENERGY SELECT SECTOR SPDR ETF , XLE

85 , FIRST TR INDL PROD DRBL ALPHADEX ETF , FXR

85 , TRI CONTINENTAL , TY

84 , iSHARES S&P SM 600 ETF , IJR

84 , WISDMTREE INTL BASIC MATRLS SEC ETF , DBN

84 , PIMCO CORPORATE OPPORTUNITY CF , PTY

84 , FIRST TR LRG CP VAL OPP ALPHADEX ETF , FTA

84 , RYDEX S&P EQUAL WGT CONSMR STPLS ETF , RHS

84 , iSHARES COMEX ETF , IAU

84 , VANGUARD ENERGY ETF , VDE

84 , iSHARES DJ BASIC ETF , IYM

84 , POWERSHARES VALUE LINE TIMELINSS ETF , PIV

84 , RYDEX S&P EQ ETF , RSP

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84 , VANGUARD REIT ETF , VNQ

84 , FIRST TRUST MATERIALS ALPHADEX ETF , FXZ

84 , WSDM TREE EMRG MKT HGH YLD EQTY ETF , DEM

83 , STREETTRACKS GOLD TRST ETF , GLD

83 , PWRSHRS OTC ETF , PWO

83 , iSHARES RUSS 2000 ETF , IWM

83 , SPDR S&P OIL & GAS EQUIP & SERVS ETF , XES

83 , ASIA PACIFIC CF , APB

83 , DXN DL DM BL 3X , DZK

83 , PWRSHRS DYNMIC CNSUMR STAPLS SEC ETF , PSL

83 , FIRST TR MULTI CP VALUE ALPHADEX ETF , FAB

83 , CLAYMORE CLEAR SPIN OFF ETF , CSD

83 , POWERSHARES ACTIVE ALPHAQ ETF , PQY

83 , POWERSHARES LISTED PRIVATE EQTY ETF , PSP

83 , PWRSHRS LEIS ETF , PEJ

82 , ISHS FTSE NAREIT RL ESTAE 50 IDX ETF , FTY

82 , PWRSHRS SMLCAP VL ETF , PWY

82 , FIRST TR LARGE CAP CORE ALPHADEX ETF , FEX

82 , ISHARES DOW JONES US OIL&GAS EXP ETF , IEO

82 , FIRST TR SMALL CAP CORE ALPHADEX ETF , FYX

82 , FIRST TR NAS 100 TECH SECTR INDX ETF , QTEC

82 , CLAYMORE/ZACKS SCTR ROTATION ETF , XRO

82 , iSHARES DJ ENR ETF , IYE

82 , RYDEX S&P EQUAL WEIGHT TECHNOLGY ETF , RYT

82 , VANGUARD TELECOMMUNICATION SERVC ETF , VOX

82 , PWSHS TR FTSE RAFI US 1500 SMMD ETF , PRFZ

82 , iSHARES DJ US TEL ETF , IYZ

82 , MARKET VECTORS COAL ETF , KOL

81 , DB CMDTY DBL LNG , DYY

81 , WISDOMTREE DIVIDEND TOP 100 ETF , DTN

81 , MARKET VECTORS ENVIRONMENTL INDX ETF , EVX

81 , VANGUARD MID-CAP VALUE ETF , VOE

81 , CENTRAL EUROPE AND RUSSIA ETF , CEE

81 , POWERSHARES DB GOLD ETF , DGL

81 , QQQ Nasdaq 100 Trust, QQQ.O , QQQ.O

81 , WISDOMTREE MIDCAP DIVIDEND ETF , DON

81 , GABELLI DIVIDEND & INCOME CF , GDV

81 , iSHARES DJ US REAL ETF , IYR

81 , POWERSHARES ACTIVE MEGA CAP ETF , PMA

81 , ISHARES MSCI CHILE INDEX ETF , ECH

81 , E-TRACS BB GOLD , UBG

80 , FIRST TR LRG CP GRW OPP ALPHADEX ETF , FTC

80 , WISDOMTREE LOW P/E ETF , EZY

80 , iSHARES RUS MIDVAL ETF , IWS

80 , COHEN & STEERS DIVIDEND MAJORS CF , DVM

80 , ISHARES S&P MIDCAP 400 VAL INDEX ETF , IJJ

80 , RYDEX CUR SHS SWISS FRANC ETF , FXF

80 , POWERSHARES CLEANTECH ETF , PZD

80 , SPDR SP INT HEL , IRY

80 , PETROLEUM & RESOURCES CF , PEO

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80 , ISHARES DOW JONES US AERO&DF IDX ETF , ITA

80 , iSHARES RUSS 3000GW ETF , IWZ

80 , LIBERTY ALL STAR GROWTH FUND CF , ASG

79 , CLAYMORE OCEAN TOMO PATENT ETF , OTP

79 , PWRSHRS MKT POR ETF , PWC

79 , FLAHERTY & CRUMRINE CLAYMORE CF , FFC

79 , REVENUESHARES SC , RWJ

79 , DIAMOND ETF , DIA

79 , FIRST TRUST STRATEGIC HIGH INCOME CF , FHI

79 , SPDR SP INTERNATIONAL ETF , DWX

79 , THAI ETF , TTF

79 , FIRST TRUST DJ SEL MICROCAP INDX ETF , FDM

79 , iSHARES DJ US CON GDS ETF , IYK

79 , ML TELECOM HOLDRS ETF , TTH

79 , CLAYMORE SABRIENT DEFENDER ETF , DEF

79 , ISHARES S&P GBL CONSU STPLS SCTR ETF , KXI

78 , iSHARES RU 1000 GR ETF , IWF

78 , DXN DL EM BUL3X , EDC

78 , FIDELITY NASDAQ COMPOSITE INDX ETF , ONEQ

78 , VANGUARD MATERIALS ETF , VAW

78 , FIRST TR ISE REVERE NTRL GAS IDX ETF , FCG

78 , ISHARES S&P GB CONS DSCRTRY SCTR ETF , RXI

78 , PWRSHRS LARCAP ETF , PWV

78 , MASSMUTUAL PARTICIPATION INVESTR ETF , MPV

78 , RYDEX S&P EQUAL WEIGHT MATRLS ETF , RTM

78 , ISHARES MSCI EAFE SMALL CAP IDX ETF , SCZ

78 , SPDR SP CON STP , IPS

78 , ISHRS FTSE DEVELOPD SC EX NA IDX ETF , IFSM

78 , VANGUARD CONSUMER STAPLES ETF , VDC

77 , CLAYMORE S&P GLOBAL WATER INDEX ETF , CGW

77 , PWRSHRS LARCAP GR ETF , PWB

77 , ISHRS MID VALUE ETF , JKI

77 , SPDR S&P HOMEBUILDERS ETF , XHB

77 , GENERAL AMERICAN INVESTORS CF , GAM

77 , POWERSHARES FTSE RAFI ETF , PRF

77 , VANGUARD GROWTH ETF , VUG

77 , RYDEX S&P EQUAL WEIGHT UTILITIES ETF , RYU

77 , SPDR DJ WILSHIRE TOTAL MARKET ETF , TMW

77 , FIRST TRUST UTILITIES ALPHADEX ETF , FXU

77 , WISDOMTREE HIGH YIELDING EQUITY ETF , DHS

77 , WESTERN ASST GLBL PARTNRS INCOME CF , GDF

77 , SPDR S&P INTERNATIONAL SMALL CAP ETF , GWX

76 , VANGUARD TOTAL STOCK MARKET ETF , VTI

76 , POWERSHARES DYNAMIC LARGE CAP ETF , PJF

76 , WSDMTREE EMRG MKTS SMALLCAP DVD ETF , DGS

76 , REVENUESHARES LC , RWL

76 , VANGUARD SMALL-CAP VALUE ETF , VBR

76 , ISHARES S&P 500 GROWTH INDEX ETF , IVW

76 , VANGRD FTSE WR SC , VSS

76 , TDAX INDEPENDENCE 2040 ETF , TDV

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76 , SPDR DJ WILSHIRE LARGE CAP ETF , ELR

76 , iSHARES BELGIUM ETF , EWK

76 , WISDOMTREE TOTAL DIVIDEND ETF , DTD

76 , iSHARES RUS MICRO CAP ETF , IWC

75 , iSHARES SML VALUE ETF , JKL

75 , iSHARES RUSS 3000 INDEX ETF , IWV

75 , WISDOMTREE LARGECAP DIVIDEND ETF , DLN

75 , SPDR SP INT IND , IPN

75 , iSHARES DJ US TOT ETF , IYY

75 , iSHARES LRG VAL ETF , JKF

75 , WISDOMTREE SMALLCAP EARNINGS ETF , EES

75 , iSHARES 1500 ETF , ISI

75 , FIRST TRUST VALUE DIVIDEND INDEX ETF , FVD

75 , VANGUARD HIGH DIVIDEND YIELD ETF , VYM

75 , iSHARES RU 1000 ETF , IWB

75 , FIRST TRUST MORNINGSTAR DIV LDRS ETF , FDL

75 , SPDR SP CON DIS , IPD

74 , PWRSHS DYNMIC DVPD INTL OPPTS ETF , PFA

74 , PWRSHRS SFTWRE ETF , PSJ

74 , iSHARES DJ SEL DIV ETF , DVY

74 , CONSUMER STAPLES SPDR ETF , XLP

74 , iSHARES AUSTRAL ETF , EWA

74 , RUSSELL 1000 VALUE , VV

74 , GABELLI EQUITY CF , GAB

74 , SPDR ID INL MID , MDD

74 , RYDEX CURR SHS AUSTR DOLLAR TRST ETF , FXA

74 , ROYCE MICRO CAPITAL CF , RMT

74 , FT ISE GBL EN CO , FLM

74 , PWRSHRS MIDCAP VL ETF , PWP

74 , JOHN HANCOCK TAX ADVANTAGED INCM CF , HTD

73 , WISDOMTREE TOTAL EARNINGS ETF , EXT

73 , REAVES UTILITY INCOME CF , UTG

73 , WISDOMTREE PACFCEXJAP HGYLDNG EQ ETF , DNH

73 , iSHARES FRANCE ETF , EWQ

73 , SPDR DOW GBL RES , RWO

73 , POWERSHARES DIVIDEND ACHIEVERS ETF , PFM

73 , SPDR LARGCAP ETF , SPY

73 , LMP REAL ESTATE INCM CF , RIT

73 , CLAYMORE/CLEAR GLOBAL TIMBER IDX ETF , CUT

73 , VANGUARD VALUE ETF , VTV

73 , iSHARES S&P EUR350 ETF , IEV

73 , iSHARES S&P 500 ETF , IVV

73 , ISHR SP AGR ALC , AOA

72 , WISDMTREE INTRNATIONL ENERGY SEC ETF , DKA

72 , MV DBL LONG EURO , URR

72 , VANGUARD DIVIDEND APPRECIATION ETF , VIG

72 , ISHARES S&P S CAP600 VAL FND ETF , IJS

72 , RYDEX S&P MIDCAP 400 PURE VALUE ETF , RFV

72 , iSHARES MSCI EMU ETF , EZU

72 , POWERSHARES DYNAMIC UTILTS PRTFL ETF , PUI

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72 , LIBERTY ALL-STAR EQUITY CF , USA

72 , POWERSHARES GLOBAL WATER ETF , PIO

72 , POWERSHARES WILDERHILL PROGRSS ETF , PUW

72 , MACQUARIE GLBL INFRASTRUCTURE CF , MGU

72 , ISHARES S&P GSSI NATURAL RES IDX ETF , IGE

71 , PWRSHRS DEV MKTS EX US SMALL MID ETF , PDN

71 , BLACKROCK DEBT STRATEGIES CF , DSU

71 , iSHARES RUSS3000V ETF , IWW

71 , iSHARES RU 1000 VA ETF , IWD

71 , ML PHARMACEUTICAL HOLDRS , PPH

71 , iSHARES SEL SOC ETF , KLD

71 , FST TST DOW JNS GLBL SEL DVD IDX ETF , FGD

71 , CLYMR GRET COS LARGCAP GRWTH IDX ETF , XGC

71 , POWERSHARES AEROSPACE & DEFENSE ETF , PPA

71 , CLAYMORE/ZACKS YIELD HOG ETF , CVY

71 , PS ULTRA EURO , ULE

71 , PIMCO HIGH INCOME CF , PHK

71 , SPDR S&P EMERGING EUROPE ETF , GUR

70 , WISDOMTREE EARNINGS 500 ETF , EPS

70 , FIRST TRUST ISE WATER INDEX ETF , FIW

70 , RETAIL HOLDRS , RTH

70 , iSHARES RUSS2000V ETF , IWN

70 , RYDEX S&P SMALLCP 600 PURE VALUE ETF , RZV

70 , MORGAN STANLEY TECHNOLOGY ETF , MTK

70 , ISHR SP TR 2035 , TZO

70 , PS ULTRA YEN , YCL

70 , FLAHERTY CRUMRIN PREF INCOM OPPO CF , PFO

70 , CLYMR SWM CANADIAN ENGY INCM IDX ETF , ENY

70 , VANGUARD INFORMATION TECHNOLOGY ETF , VGT

70 , WISDOMTREE INTL SMALLCP DIVIDEND ETF , DLS

70 , iSHARES S&P GLOB ENG ETF , IXC

69 , WISDOMTREE JAPAN HGHYIELDNG EQTY ETF , DNL

69 , FLAHERTY&CRUMRINE CLAYMORE TOTEL CF , FLC

69 , PS EMERGING INFRA , PXR

69 , ISHARES S&P GSTI TECHNOLOGY INDX ETF , IGM

69 , PUTNAM HIGH INCOME SECURITIES ETF , PCF

69 , DREYFUS HIGH YIELD STRATEGIES CF , DHF

69 , ISHARES S&P ASIA 50 INDEX ETF , AIA

69 , iSHRES LRG CORE ETF , JKD

69 , ING CLARION GLOBAL REAL ESTATE ETF , IGR

69 , CLAYM ROBECO DEVPD INTNL EQUITY ETF , EEN

69 , BLACKROCK S&P QLTY RANKGS GLBL EQ CF , BQY

69 , SPDR SP INT MAT , IRV

68 , ISHARES S&P 500 VALUE INDX FUND ETF , IVE

68 , TDAX INDEPENDENCE 2030 ETF , TDN

68 , WISDOMTREE EUROPE HGH YLDNG EQTY ETF , DEW

68 , iSHARES MSCI EAFE GRWTH ETF , EFG

68 , iSHARES MSCI MAL ETF , EWM

68 , PIMCO CORP INCOME CF , PCN

68 , DWS MULTI MARKET INCOME CF , KMM

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68 , POWERSHARES VALUE LINE IND ROTTN ETF , PYH

68 , DB COMMODITY LONG , DPU

68 , PWRSHRS DYNMIC TECHNOLOGY SEC ETF , PTF

68 , iSHARES SOUT AFR ETF , EZA

68 , iSHARES NETHLND ETF , EWN

68 , ISHARES MSCI KOKUSAI INDEX ETF , TOK

67 , NUVEEN DIVERSIFIED DIVIDEND INCM CF , JDD

67 , MATERIALS SELEC SPDR ETF , XLB

67 , CENTRAL GOLD UNT , GTU

67 , WISDOMTREE INTL DIVIDEND TOP 100 ETF , DOO

67 , ISHARES KLD 400 SOCIAL INDEX ETF , DSI

67 , iSHARES MSCI PAC ETF , EPP

67 , WISDOMTREE INTL MIDCAP DIVIDEND ETF , DIM

67 , ISHR MGSTR LGTH , JKE

67 , ISHARES MSCI ACWI INDEX ETF , ACWI

67 , iSHARES AUSTRIA ETF , EWO

67 , iSHARES IND COM ETF , NYC

67 , FIRST TRUST VALUE LINE EQU INDEX ETF , FVI

67 , ML MKT 2000 HOLDRS ETF , MKH

66 , BLACKROCK HEALTH SCIENCES CF , BME

66 , GREENHAVEN CONTINUOUS CMDTY INDX ETF , GCC

66 , WSDM LC GRTH FD , ROI

66 , ISHARES DJ US TECHNOLGY SCTR IDX ETF , IYW

66 , DWS STRATEGIC INCOME CF , KST

66 , SPDR S&P WORLD EX US ETF , GWL

66 , UNITED STATES HEATING OIL ETF , UHN

66 , ISHARES S&P GSTI NETWORKING INDX ETF , IGN

66 , COHEN STEERS , RFI

66 , VNGRD TOT WLD ST , VT

66 , ISHARES S&P GBL MATERLS SCR IDX ETF , MXI

66 , PIMCO STRAT GLOBAL GOVERNMNT ETF , RCS

66 , VAN KAMPEN SENIOR INCOME ETF , VVR

65 , ML OIL SERVICE HOLDRS , OIH

65 , POWERSHARES INTL DVDND ACHVRS ETF , PID

65 , TEMPLETON EMER , TEI

65 , ISHR SP TR 2040 , TZV

65 , TECHNOLOGY SELEC SPDR ETF , XLK

65 , COHEN STEERS SELECT UTILITY CF , UTF

65 , CUR SH RUSN RUBL , XRU

65 , iSHARES NY 100 ETF , NY

65 , iSHARES S&P100 ETF , OEF

65 , MRKT VCT RVE AST , HAP

65 , FIRST TRUST FINANCIALS ALPHADEX ETF , FXO

65 , FIRST TR STR FD , FHY

64 , MARKET VECTORS AGRIBUSINESS ETF , MOO

64 , FIRT FTSE EPRA GLB REAL EST INDX ETF , FFR

64 , PIONEER FL RT TR , PHD

64 , E-TRACS BB ENEGY , UBN

64 , CLAYMORE BBD HIGH INCOME INDEX ETF , LVL

64 , EATON VANCE TAX ADVANTAGED OPP CF , ETO

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64 , iSHARES S&P GL100 ETF , IOO

64 , IPATH DJAIG SFT , JJS

64 , TSW/CLAYMORE TAX ADVANTAGED BALAN CF , TYW

64 , FIRST TRUST ISE CHINDIA INDEX ETF , FNI

64 , BLACKROCK HIGH INCOME SHARES CF , HIS

64 , VANGUARD EUROPEAN ETF , VGK

64 , DJ EURO STOXX 50 ETF , FEZ

63 , MEXICO EQUITY AND INCOME CF , MXE

63 , LAZARD WORLD DIVIDEND & INCOME CF , LOR

63 , ISHR SP TR 2030 , TZL

63 , MANAGED HIGH YIELD PLUS CF , HYF

63 , PWRSHS FTSE RAFI DVPD MKT EX US ETF , PXF

63 , FLAHERTY CRUMRINE PREF INCOME CF , PFD

63 , DWS HIGH INCOME CF , KHI

63 , BOULDER TOTAL RETURN ETF , BTF

63 , ML INTERNET ARCH HOLDRS ETF , IAH

63 , WISDOMTREE PACIFIC EXJAP TTL DIV ETF , DND

63 , RYDEX S&P EQUAL WEIGHT FINANCIAL ETF , RYF

63 , JPM ALERIAN MLP , AMJ

63 , iSHARES EAFE ETF , EFA

62 , WISDOMTREE DEFA HGHYIELDNG EQTY ETF , DTH

62 , PSULTRA DJAIG , UCD

62 , NUVEEN MULTI STRATEGY INC & GRWTH CF , JPC

62 , PIONEER HIGH INCOME CF , PHT

62 , WISDOMTREE DEFA ETF , DWM

62 , FIRST TRUST STRATEGIC HIGH INCM ETF , FHO

62 , ING PRIME RATE ETF , PPR

62 , SPDR DJ WILSHIRE INTL REAL ESTAT ETF , RWX

62 , FIRST DJ STOXX SLECT DIV 30 INDX ETF , FDD

62 , CHILE CF , CH

62 , VANGUARD FTSE ALL WORLD EX US ETF , VEU

62 , ISHSP GBL TMBFOR , WOOD

62 , ISHARES DOW JONES US INSUR IDX ETF , IAK

61 , RYDEX RUSSELL TOP50 ETF , XLG

61 , NUVEEN FLOATING RATE INCOME CF , JFR

61 , iSHARES S&P GLOB TEL ETF , IXP

61 , ELLSWORTH ETF , ECF

61 , KBW INSURANCE ETF , KIE

61 , SPDR S&P DIVIDEND ETF , SDY

61 , E-TRACS BB AGRIC , UAG

61 , SPDR MSCI ACWI EX US ETF , CWI

61 , PWRSHRS DYNMIC FINANCIAL SECTOR ETF , PFI

61 , PS AT BALGR NFA , PAO

61 , POWERSHARES WATER RESC PORTFOLIO ETF , PHO

61 , LMP CORPORATE LOAN CF , TLI

60 , TURKISH INVESTMENT ETF , TKF

60 , SPDR DB INT GOVT , WIP

60 , iSHARES S&P GLOB TEC ETF , IXN

60 , VANGUARD EUROPE PACIFIC ETF , VEA

60 , iSHARES DJ US UTIL ETF , IDU

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60 , VANGUARD UTILITIES ETF , VPU

60 , BLDRS EUR100ADR ETF , ADRU

60 , iSHARES CANADA ETF , EWC

60 , VANGUARD EMERGING MARKETS ETF , VWO

60 , ULTRA FINANCIALS ETF , UYG

60 , ISHR SP TR 2025 , TZI

60 , EATON VANCE TAX ADVANTAGED GLOBAL CF , ETG

60 , DXN DL FINBUL3X , FAS

59 , ISHARES S&P GLOBAL INFRSTCTR IDX ETF , IGF

59 , PS GBL AGRICULTURE , PAGG

59 , GABELLI CONVERTBLE & INCM SECURTY CF , GCV

59 , iSHARES MSCI EMR ETF , EEM

59 , ISHR SP TR 2020 , TZG

59 , ABERDEEN GLOBAL INCOME CF , FCO

59 , CALAMOS GLOBAL TOTAL RETURN CF , CGO

59 , ISHARES MSCI ACWI EX US INDEX ETF , ACWX

59 , NICHOLAS APPLEGATE CONV & INCM II CF , NCZ

59 , SPDR SP INT TEL , IST

59 , RYDEX CURR SHS SWEDISH KRONA ETF , FXS

59 , WISDOMTREE SMALLCAP DIVIDEND ETF , DES

59 , MS EMERGING MARKTS DOMESTIC DEBT ETF , EDD

58 , PWRSHRS ZACKS MIC ETF , PZI

58 , EVERGREEN INCOME ADVANTAGE CF , EAD

58 , iSHARES UK ETF , EWU

58 , WISDOMTREE INTL LARGECP DIVIDEND ETF , DOL

58 , NUVEEN CORE EQUITY ALPHA ETF , JCE

58 , POWERSHARES DB ENERGY ETF , DBE

58 , HELIOS ADV INCM , HAV

58 , ML WIRELESS HOLDRS ETF , WMH

58 , POWERSHARES DB AGRICULTURE ETF , DBA

58 , SPDR SP INT TEC , IPK

58 , BANCROFT CF , BCV

58 , PCM FUND CF , PCM

58 , CLYMR CEF GS CNT , GCE

57 , BLKRK LT DR INC , BLW

57 , WESTERN ASST HIGH INCM II CF , HIX

57 , POWERSHARES DB CMMDTY IDX TRCKNG ETF , DBC

57 , JF CHINA REGION CF , JFC

57 , PS GLOBAL COAL , PKOL

57 , SPDR SP INT ENG , IPW

57 , BARCLAYS BANK GEMS INDEX ETN , JEM

57 , ISHS S&P WRLD EX US PROPERTY IDX ETF , WPS

57 , JOHN HANCOCK PREFERRED INCOME II CF , HPF

57 , KAYNE ANDERSON ENERGY ORD , KED

57 , BLACKROCK CORPORATE HIGH YIELD V CF , HYV

57 , BLACKROCK SENIOR HIGH INCOME CF , ARK

56 , SPDR DJ GLOBAL TITANS ETF , DGT

56 , UTILITIES SELECT SPDR ETF , XLU

56 , IPATH GLBL CARBN , GRN

56 , ISHR SP GRW ALC , AOR

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56 , HYPERION BROOKFIELD TOTAL RETURN ETF , HTR

56 , POWERSHARES DYNAMIC INSRNC PRTFL ETF , PIC

56 , E-TRACS BBERG , UCI

56 , BLACKROCK GLBL FLOATING RATE INCM CF , BGT

56 , EATON VANCE SENIOR INCOME CF , EVF

56 , ALPS COHN STERS , GRI

56 , BLACKROCK STR DV , BDT

56 , MORGAN STANLEY ASIA PACIFIC CF , APF

56 , iSHARES MSCI SNG ETF , EWS

55 , POWERSHARES ACTIVE ALPHA MLT CAP ETF , PQZ

55 , E-TRACS BB FOOD , FUD

55 , SPDR S&P EMERGING ASIA PACIFIC ETF , GMF

55 , BLACKROCK FLORIDA INSURD MUNI2008 CF , BRF

55 , ISHR SP TR 2015 , TZE

55 , iSHARES MSCI EAFE VALUE ETF , EFV

55 , SPDR S&P EMRG MIDDLE EAST AFRICA ETF , GAF

55 , EUROTOP 100 , FEU

55 , SPDR S&P EMERGING MARKETS ETF , GMM

55 , WEBS ITALY ETF , EWI

55 , CLAYMRE ZACKS INTL YLD HOG INDEX ETF , HGI

55 , ABERDEEN ASIA PACIFIC PRIME INCM CF , FAX

55 , TCW STRATEGIC INCOME ETF , TSI

54 , NUVEEN MULTI STRATEGY INC & GRT 2 CF , JQC

54 , DELAWARE INVSTMNTS DIV AND INCM ETF , DDF

54 , CALAMOS STRATEGIC TOTAL RETURN ETF , CSQ

54 , TEMPLETON GLOBAL INCOME CF , GIM

54 , HELIOS HIGH INCM , HIH

54 , PWRSHRS GLD DRAG ETF , PGJ

54 , DWS DREMAN VALUE INCOME EDGE FD ETF , DHG

54 , BLDRS DEVMKT100 ETF , ADRD

54 , TEMPLETON EMERGING MARKETS CF , EMF

54 , GBL XI FTSE C020 , GXG

54 , WESTERN ASST MANGD HGH INCM CF , MHY

54 , LAZARD GLOBAL TOTAL RETURN INCOME CF , LGI

53 , iSHARES MEXICO ETF , EWW

53 , UTILITIES HOLDRS , UTH

53 , NICHOLAS APPLEGATE CONVER & INCM CF , NCV

53 , WESTERN CLYMR INFLTN SEC & INCM ETF , WIA

53 , iSHARES HONG KNG ETF , EWH

53 , BOULDER GROWTH & INCOME ETF , BIF

53 , SPDR LEHMAN INTRNATIONL TREASURY ETF , BWX

53 , PWRSHRS EMERGING MARKETS ETF , PXH

53 , ELEMENTS SP CTI , LSC

53 , EATON VANCE TAX ADVANTAGE DIVIDND CF , EVT

53 , PIMCO FLOATING RATE STRATEGY CF , PFN

53 , POWERSHARES DYNAMIC BLDG CONSTRN ETF , PKB

53 , FIRST TRUST ENHANCED EQUITY INCM ETF , FFA

52 , ISHS FTSE EPRA NREIT GLBL US IDX ETF , IFGL

52 , ISHR MSCI ASA JP , AAXJ

52 , WESTERN ASST GLBAL HIGH INCOME CF , EHI

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52 , PS AT BAL NFAGBL , PCA

52 , WSDMTR DRS JPYEN , JYF

52 , SPDR BCLY CAP ST , BWZ

52 , RYDEX CUR SHS MEXICAN PESO ETF , FXM

52 , JOHN HANCOCK PREFERRED INCOME CF , HPI

52 , REVENUE SHRS ADR , RTR

52 , ISHARES MSCI TURKEY INVBLE MRKT ETF , TUR

52 , BLACKROCK REAL ASSET EQUITY ETF , BCF

52 , BARCLAYS TRAD NTS GSCI TOT RET IDX , GSP

52 , BARCLAYS IPATH EUR USD EXCH RATE ETN , ERO

51 , IPATH DJAIG ALUM , JJU

51 , INDONESIA CF , IF

51 , CALAMOS CONVERTIBLE AND HIGH INCM CF , CHY

51 , NUVEEN TAX-ADVANTAGED TOTAL RETN CF , JTA

51 , HANCOCK BK THR , BTO

51 , DELAWARE INV GLOBAL DIV INCM ETF , DGF

51 , PWRSHRS HGH YLD ETF , PEY

51 , ISHR SP TR 2010 , TZD

51 , SPAIN CF , SNF

51 , FIRST TRUST/FIDAC MORTGAGE INCOME CF , FMY

51 , SPDR BAR CAP BND , CWB

51 , TEMPLETON DRAG , TDF

51 , CLYMR NYARC AIRL , FAA

50 , SPDR SP EMG SC , EWX

50 , MFS INTERMEDIATE HIGH INCOME CF , CIF

50 , NUVEEN FLOATG RATE INCM OPPORTNTY CF , JRO

50 , CURRENCYSHARES EURO ETF , FXE

50 , WISDMTREE INTNL REAL ESTATE SCTR ETF , DRW

50 , POWERSHRS DB US DLR INDX BEARISH ETF , UDN

50 , DB AGRI DBL LONG , DAG

50 , SPDR RUSSELL NOMURA SML CP JAPAN ETF , JSC

50 , TDAX INDEPENDENCE 2020 ETF , TDH

50 , BLACKROCK CORPRTE HIGH YLD III CF , CYE

50 , CURRENCYSHARES JAPANESE YEN TR ETF , FXY

50 , KAYNE ANDERSON ENERGY TOTAL RETRN CF , KYE

49 , WT DREYFUS EURO , EU

49 , E-TRACS BB IN MT , UBM

49 , BARCLAYS IPATH JPY USD EXCH RATE ETN , JYN

49 , NUVEEN QUALITY PREFERRED INCOME CF , JTP

49 , WTR MID EAST DIV , GULF

49 , NUVEEN SENIOR INCOME CF , NSL

49 , CALAMOS CONV OPP , CHI

49 , MORGAN STANLEY EMERGING MARKETS ETF , MSF

49 , BLACKROCK GLOBAL ENRGY & RESOURCS CF , BGR

49 , SPDR FTSE MACQUARIE GLBL INF 100 ETF , GII

49 , VANGUARD FINANCIALS ETF , VFH

49 , SPDR S&P CHINA ETF , GXC

49 , NUVEEN QUALITY PREFERRED INCOME 3 CF , JHP

48 , FIDUCIARY/CLAYMORE MLP OPPORTUNTY CF , FMO

48 , TORTOISE ENERGY INFRASTRUCTURE ETF , TYG

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48 , MFS SPECIAL VAL , MFV

48 , ISHR SP MOD ALC , AOM

48 , BLACKROCK FLOAT RATE INC CF , FRA

48 , JH PATR PREM II , PDT

48 , BARCLAYS BK IPTH NTS DUE 2036 LNK DJ , DJP

48 , WESTERN ASST VARIABL RTE STRT CF , GFY

48 , BLACKROCK HIGH YIELD CF , BHY

48 , BLACKROCK CORPORATE HIGH YIELD VI CF , HYT

48 , SPDR S&P BRIC 40 ETF , BIK

48 , WESTRN ASST HIGH INCM OPPORTUNITY CF , HIO

48 , DB AGRI LONG , AGF

47 , iSHARES DJ US FNL ETF , IYF

47 , MORGAN STANLEY HIGH YIELD ETF , MSY

47 , BLACKROCK DIVERSIFIED INCOME STRT CF , DVF

47 , WSTR DYFS NZ DLR , BNZ

47 , MARKET VECTORS RUSSIA ETF , RSX

47 , iSHARES SPAIN ETF , EWP

47 , ISH TI SP C 1-3 , ISHG

47 , JAPAN EQUITY CF , JEQ

47 , BLDRS ASIA50ADR ETF , ADRA

47 , JOHN HANCOCK INVESTORS CF , JHI

47 , WESTERN ASSET PREMIER BOND CF , WEA

47 , MORGAN STANLEY MRKT VCTORS INR ETN , INR

47 , BIOTECH HOLDRS , BBH

46 , ISHR SP RT INC , TGR

46 , FRANKLIN UNIV , FT

46 , POWERSHARES FINANCIAL PREFERRED ETF , PGF

46 , PIMCO FLOATING RATE INCOME CF , PFL

46 , E-TRACS BB PLTNM , PTM

46 , WISDMTREE INTL UTILITIES SEC ETF , DBU

46 , EATON VANCE SENIOR FLOATING RATE CF , EFR

46 , PS AT GR NFA GBL , PTO

46 , POWERSHARES DB OIL ETF , DBO

46 , VAN KAMPEN HIGH INCOME II ETF , VLT

46 , RYDEX CURR SHS CANADIAN DOLLAR ETF , FXC

46 , BLACKROCK DI TST , BDV

45 , iSHARES S&P GLOB FIN ETF , IXG

45 , SPDR SP INT FIN , IPF

45 , NICHOLAS APPLE EQTY & CONV INC ETF , NIE

45 , NEW AMERICA HIGH INCOME CF , HYB

45 , FRANKLINTEMPLETON LIMITED INCOME CF , FTF

45 , E-TRACS BB LVSTK , UBC

45 , MORGAN STANLEY EASTERN EUROPE ETF , RNE

45 , KBW REGIONAL BANKING ETF , KRE

45 , UNITED STATES 12 MONTH OIL ETF , USL

45 , PS DB CO LONG , OLO

45 , DXN 10YR TRBUL3X , TYD

45 , MORGAN STANLEY MUNICIPAL BOND ETF , IMC

45 , BLACKROCK CORPORATE HIGH YIELD CF , COY

44 , IPATH DJAIG PLTM , PGM

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44 , WESTERN ASST INFLATION MGMT CF , IMF

44 , BLACKROCK GLOBAL OPPORTUNITIES EQ CF , BOE

44 , RIVUS BOND CF , BDF

44 , MINI HANG SENG INDEX , HMH

44 , MRKT VCTR GULF ST , MES

44 , NUVEN MULT CUR SHRT TERM GVT INC ETF , JGT

44 , CORNERSTONE STRATEGIC VALUE CF , CLM

44 , COHEN & STEERS CLSD END OPPTY FD ETF , FOF

44 , ISHARES S&P GSCI COMMODITY INDXD ETF , GSG

44 , BARCLAYS IPATH GBP USD EXCH RATE ETN , GBB

44 , NUVEEN QUALITY PREFERRED INCOME 2 CF , JPS

44 , RYDEX CUR SHS BRIT POUND STER ETF , FXB

43 , Financial SPDR, XLF , XLF

43 , EATON VANCE INSRD MICH MNCPL BOND CF , MIW

43 , VANGUARD PACIFIC ETF , VPL

43 , WISDOMTREE JAPAN SMALCP DIVIDEND ETF , DFJ

43 , NUVEEN GEORGIA DIV ADVAN MUNI 2 CF , NKG

43 , ISHR SP CON ALC , AOK

43 , WT DRYFS EMG CUR , CEW

43 , ISHARES S&P GBL UTILITS SCTR IDX ETF , JXI

43 , SPDR BARCLAYS CAPITAL TIPS ETF , IPE

43 , ABERDEEN AUSTRALIA EQUITY CF , IAF

43 , ISHARES TRUST ETF , TIP

43 , BCLYS GEMS ASIA8 , AYT

42 , BLACKROCK PRFD INCM STRT CF , PSY

42 , JOHN HANCOCK PREFERRED INCOME III CF , HPS

42 , NUV INS CA PREM , NPC

42 , PIONEER MUNICIPAL HIGH INCOME ADV CF , MAV

42 , WT DR INDIAN RUP , ICN

42 , ISHARES DOW JONES US HM CONS IDX ETF , ITB

42 , POWERSHARES DB G10 CURR HARVEST ETF , DBV

42 , WESTERN ASST EMER MKT DEBT CF , ESD

42 , MEXICO ETF , MXF

42 , WESTERN ASST HIGH INCOME CF , HIF

42 , JOHN HANCOCK INC , JHS

42 , DXN 30YR TRBUL3X , TMF

42 , WESTERN ASST EMER MKT INCM CF , EMD

41 , iSHARES MSCI SNG ETF , FEO

41 , ISHS IBXX $ HGH YIELD CRPRTE BND ETF , HYG

41 , ISH TI SP C IT , IGOV

41 , CHINA ETF , CHN

41 , MKT VCTRS AFRICA , AFK

41 , DNP SELECT INCOME ETF , DNP

41 , ZWEIG FUND INC , ZF

41 , POWERSHARES PREFERRED PORTFOLIO ETF , PGX

41 , BLACKROCK PREFFERED OPPORTUNITY CF , BPP

41 , PWRSHS HGH YIELD CORPORATE BOND ETF , PHB

41 , MARKET VECTORS STEEL INDEX ETF , SLX

41 , DELAWARE INVESTMENTS ARIZONA ETF , VAZ

41 , ISHS S&P U S PREFD STOCK INDX ETF , PFF

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40 , BLACKROCK STRATEGIC BOND CF , BHD

40 , ISHARES DOW JONES US BRKR-DEALRS ETF , IAI

40 , GABELLI GLOBAL UTILITY & INCOME CF , GLU

40 , SPDR RUSSELL NOMURA PRIME JAPAN ETF , JPP

40 , CLOUGH GLOBAL ALLOCATION CF , GLV

40 , BLACKROCK MUNIYLD MICHIGAN INSD CF , MYM

40 , GLOBAL ICM & CUR , GCF

40 , FT NASDAQ CLEAN EDGE US LQD INDX ETF , QCLN

40 , PS GLOBAL STEEL , PSTL

40 , iSHARES S&P LAT ETF , ILF

40 , CLAYMORE/BNY BRIC ETF , EEB

40 , WESTERN ASST WRLDWIDE INCM CF , SBW

40 , REVENUE SHR FNCL , RWW

39 , SPDR S&P EMERGING LATIN AMERICA ETF , GML

39 , CORNERSTONE TOTAL RETURN CF , CRF

39 , TDAX INDEPENDENCE IN TARGET ETF , TDX

39 , ISHARES IBOXX INVESTMENT GRADE ETF , LQD

39 , BLACKROCK PENNSYLVNA STRATGC MUNI CF , BPS

39 , BLACKROCK PRFD & CORPT INCM STRT CF , PSW

39 , KBW CAPITAL MARKETS ETF , KCE

39 , CLYMR DEL GL SPG , SEA

39 , NUVEEN TAX-ADVANTAGED FLOATING CF , JFP

39 , S&P NIFTY , NIF

39 , SPDR BARC HY BND , JNK

39 , ISHRS FTSE EPRA NAREIT ASIA IDX ETF , IFAS

38 , BLACKROCK LONG TERM MUNICIPL ADV CF , BTA

38 , HYPERION BROOKFIELD STRT INCM ETF , HSM

38 , BLACKROCK PREFERRED & EQUITY ADV ETF , BTZ

38 , BLDRS EMERMKT50 ETF , ADRE

38 , CMR BNY MLN FNTR , FRN

38 , BLACKROCK FLOAT RATE INCM II CF , FRB

38 , BLACKROCK MUNIYIELD CALIFORNIA CF , MYC

38 , KAYNE AND MLP IN ETF , KYN

38 , DOW 30 PREMIUM & DIVIDEND INCOME CF , DPD

38 , VANGUARD LONG TERM BOND ETF , BLV

38 , ISH FTSE CHINA , FCHI

38 , MASS HEALTH EDU , MHE

38 , iSHARES DJ US FIN ETF , IYG

37 , CLAYMORE TR 2 CHINA SML CP INDX ETF , HAO

37 , EATON VANCE SENIOR FLOATING RATE CF , EFT

37 , POWERSHARES GLOBAL CLEAN ENERGY ETF , PBD

37 , PUTNAM PREM INCM , PPT

37 , POWERSHARES 1 30 LADDERED TRSURY ETF , PLW

37 , WT DRYFS BRAZ RL , BZF

37 , ISHARES DJONES US REGNL BNKS IDX ETF , IAT

37 , iSHARES FTSE CHNA ETF , FXI

37 , KBW BANK ETF , KBE

37 , ISHARES LEHMAN CREDIT BOND ETF , CFT

37 , ISHARES LEHMAN 10-20 YR TREASURY ETF , TLH

37 , WTR DYFS SA RAND , SZR

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37 , NEUBERGER BERMAN INTERMED MNCPL CF , NBH

36 , WESTRN CLYMR INFLTN OPPRT & INCM ETF , WIW

36 , ISHARES LEHMN 7-10 YR TRSRY BND ETF , IEF

36 , BLACKROCK MUNICIPAL 2020 TERM CF , BKK

36 , BLACKROCK ENHCD CAPITL AND INCOME CF , CII

36 , SPDR BAR CITC BD , ITR

36 , NUVEEN MUN HIGH , NMZ

36 , NUVEEN NEW YORK PREMIUM INCM MUNI CF , NNF

36 , iSHARES MSCI JPN ETF , EWJ

36 , VANGUARD EXTENDED DURATION ETF , EDV

36 , CLMR ALPSH CH RL , TAO

36 , ISHARES LEHMAN 3-7 YEAR TREASURY ETF , IEI

36 , NUVEEN GLOBAL VALUE ETF , JGV

36 , POWERSHARES EMRG MKTS SOVRGN DBT ETF , PCY

35 , FIRST TRUSTABERDEN GLOBL OPP INCM CF , FAM

35 , ISHARES INTERMEDIATE CREDIT ETF , CIU

35 , SWIRE PACIFIC LTD A , HSA

35 , WT DRYFS CHN YN , CYB

35 , iShares JPMorgan USD Emerg Markets Bond , EMB

35 , EATON VANCE LIMITED DURATION INCM CF , EVV

35 , VANGUARD INTERMEDIATE TERM BOND ETF , BIV

35 , ETRACS UBS ST PM , PTD

35 , GABELLI GLOBAL MULTIMEDIA CF , GGT

35 , BLACKROCK MUNI NEWYORK INTERM DUR CF , MNE

35 , IQ HED ML ST TRK , QAI

35 , SPDR SP INT UTL , IPU

34 , SPDR BCLY CP MRT , MBG

34 , ISHARES TRUST LEHMN 20 ETF , TLT

34 , MKT VECT LHN BRS AMT FREE INTMDT ETF , ITM

34 , SPDR BCLY CAP LT , LWC

34 , CLAYMORE US CAPITAL MARKETS BOND ETF , UBD

34 , EVERGREEN GLBL DIVID OPPORTUNITY ETF , EOD

34 , PIMCO CALIFORNIA MUNICI INCOME II CF , PCK

34 , BARCLAYS BK IPATH NTS LNKD GS OIL IN , OIL

34 , GREATER CHINA FD , GCH

34 , ISHR BARC GOV CR , GBF

34 , TEMPLETON RUSSIA EAST EUROPEAN CF , TRF

34 , DWS GLOBAL HIGH INCOME CF , LBF

34 , VANGUARD TOTAL BOND MARKET ETF , BND

33 , WESTERN ASSET INCOME CF , PAI

33 , EATON VANCE INSURED PENNSYLVANIA CF , EIP

33 , ISHARES LEHMAN AGGREGATE BOND ETF , AGG

33 , SPDR LEHMAN AGGREGATE BOND ETF , LAG

33 , FT GBL WND ENERGY , FAN

33 , ISHARES INTERMEDIATE GOVT/CREDIT ETF , GVI

33 , ISHARES MSCI BRIC INDEX ETF , BKF

33 , PS GBL GOLD AND PRECS , PSAU

33 , ISHARES MSCI ISRAEL CAPED INVBLE ETF , EIS

33 , ISHARES S&P CALIFORNIA MUNICIPAL ETF , CMF

33 , UNITED STATES OIL ETF , USO

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33 , POWERSHARES GLOBAL NUCLEAR ENEGY ETF , PKN

33 , ISHS FTSE NAREIT MRTGE REITS IDX ETF , REM

32 , iSHARES S&P/TOPX ETF , ITF

32 , SPDR LEHMAN LNG TRM TREASURY ETF , TLO

32 , BLACKROCK MUNIYIELD FLORIDA CF , MYF

32 , MARKET VETRS LEHMAN BROS MUNIPAL ETF , SMB

32 , SPDR LHMN INTERMDTE TERM TREASRY ETF , ITE

32 , BRCLS ASN GULF , PGD

32 , ISHR BRCLY AG BD , AGZ

32 , SPDR LEHMAN ST , SHM

32 , BLACKROCK INCOME CF , BKT

32 , MRKT VT PR RF MU , PRB

32 , ISHR ST NAT MUN , SUB

32 , MONTGOMERY STREET INCOME SECURIT CF , MTS

32 , BLACKROCK MUNICIPAL 2018 TERM CF , BPK

31 , SPDR LEHMAN CA , CXA

31 , NUVEEN CALIF DIV ADVAN MUNI 2 CF , NVX

31 , TRANSAMERICA INCOME SHARES CF , TAI

31 , SPDR LEHMAN MUNICIPAL BOND ETF , TFI

31 , NUVEEN MD PREM , NMY

31 , LATIN AMERICAN DISCOVERY CF , LDF

31 , IPATH OPT CUR CA , ICI

31 , ISHARES S&P NATIONAL MNCPAL BND ETF , MUB

31 , NUVEEN NY SEL , NXN

31 , TORTOISE NA ENERGY CF , TYN

31 , BLACKROCK MUNICIPAL INCOME II CF , BLE

31 , MARKET VECTORS GOLD MINERS ETF , GDX

30 , ISHARES LEHMN 1-3 YR TRSRY BND ETF , SHY

30 , MORGAN STANLEY MRKT VCTORS RMB ETN , CNY

30 , BLACKROCK MUNIHLDG CALIFORNI INS ETF , MUC

30 , BLACKROCK ENHANCED DIV ACHIEVERS CF , BDJ

30 , POWERSHARES ACTIVE LOW DURATION ETF , PLK

30 , BLACKROCK MUNIHLDG NEW YORK INSRD CF , MHN

30 , TORTOISE ENERGY CAPITAL CF , TYY

30 , ML REGIONL BNK HOLDRS ETF , RKH

30 , BLACKROCK MUNIYLD NEWYORK INSD CF , MYN

30 , MFS INTERMARKET INCOME I CF , CMK

30 , VANGUARD SHORT TERM BOND ETF , BSV

30 , MUNIYIELD CALIFORNIA INSURED CF , MCA

30 , DTF TAX FREE INCOME CF , DTF

29 , BLACKROCK FLORIDA MUNICIPAL BOND CF , BIE

29 , ING ASIA PAC HIGH DIVID EQY INCM ETF , IAE

29 , BLACKROCK MUNIHLDGS FLORIDA INSD CF , MFL

29 , ISHARES LEHMAN 1-3 YEAR CREDIT ETF , CSJ

29 , WESTERN ASSET INTERMEDIATE MUNI CF , SBI

29 , VAN KAMPEN NEW YORK MUNICIPALS ETF , VTN

29 , STRATEGIC GLOBAL INCOME ETF , SGL

29 , PS DB BM LONG , BDG

29 , MFS MULTIMARKET INCOME CF , MMT

29 , BLACKROCK MUNIYIELD FLORIDA INSRD CF , MFT

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29 , ISHARES LEHMAN SHORT TREASURY ETF , SHV

29 , MFS CHARTER INCM , MCR

29 , SPDR LEHMAN 1-3 MONTH T BILL ETF , BIL

28 , BLACKROCK CALIFORNIA MUNICPL 2018 CF , BJZ

28 , NEUBERGER BERMAN NY INTERM MNCPL CF , NBO

28 , CLAYMORE US CAP MKT MICRO FXD ETF , ULQ

28 , POWERSHARES VRDO TAX FREE WEEKLY ETF , PVI

28 , BLACKROCK NY MUNICIPAL INCOME II CF , BFY

28 , JAPAN SMALLER CAPITALIZATION CF , JOF

28 , NUVEEN MICHIGAN QUALITY INCM 2 CF , NUM

28 , PUTNAM MSTR INTR , PIM

28 , EQUUS TOTAL RETURN ETF , EQS

28 , MSCI PAN EURO INDEX , MSP

28 , BLACKROCK MUNIYLD PENNSYLVANIA CF , MPA

28 , NUVEEN EQUITY PREMIUM GROWTH CF , JPG

27 , EVERGREEN MULTI SECTOR INCOME CF , ERC

27 , NUVEEN CALIF QUALITY INCM MUNI CF , NUC

27 , NUVEEN MICHIGAN PREMIUM INCM MUNI CF , NMP

27 , MORGAN STANLEY MUNICIPAL INCOME CF , IIM

27 , PWRSHRS DYNMIC BANKING SEC ETF , PJB

27 , NUVEEN INSURED CALIF PREM INCM II CF , NCL

27 , GLOBAL HIGH INCOME FUND ETF , GHI

27 , ISHARES LEHMAN MBS FIXED RT BND ETF , MBB

27 , WESTERN ASST MUNCPL PARNRS CF , MNP

27 , ASIA TIGERS CF , GRR

27 , iSHARES BRAZIL ETF , EWZ

27 , EVERGREEN UTILITIES AND HIGH INCM CF , ERH

27 , MBIA CAPITAL/CLAYMORE DURATION CF , MZF

26 , POWERSHARES INSR NATL MNCPL BOND ETF , PZA

26 , ML INTERNET INFRAS HOLDRS ETF , IIH

26 , EATON VANCE INSURED MUNI BOND II CF , EIV

26 , TDAX INDEPENDENCE 2010 ETF , TDD

26 , SPDR LEHMAN NY , INY

26 , NUVEEN INSURED NY DIV ADV MUNI CF , NKO

26 , EATON VANCE MUNICIPAL INCOME CF , EVN

26 , NUVEEN NY INV , NQN

26 , POWERSHARES DB BASE METALS ETF , DBB

26 , MORGAN STANLEY INCOME SECURITIES CF , ICB

26 , BLACKROCK MUNIYIELD CF , MYD

26 , NUVEEN VA PREM , NPV

26 , PS INS CAL MUNIC , PWZ

25 , BLACKROCK NEW YORK MUNICIPAL 2018 CF , BLH

25 , MORGAN STANLEY QLTY MUNICIPL SECU CF , IQM

25 , ISHARES S&P NEW YORK MUNICIPAL ETF , NYF

25 , DWS MUNICIPAL INCOME CF , KTF

25 , BLACKROCK CORE BOND CF , BHK

25 , PIMCO MUNI INCM , PMF

25 , HIGHLAND CREDIT CF , HCF

25 , NUVEEN CALIF SEL , NVC

25 , DELAWARE INVESTMENTS MINNESOTA II ET , VMM

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25 , GABELLI GLOBAL DEAL ETF , GDL

25 , EATON VANCE SHORT DURATION INCOME CF , EVG

25 , RMR ASIA PACIFIC REAL ESTATE CF , RAP

25 , BLACKROCK NORTH AMERICN GOVT INCM CF , BNA

24 , NUVEEN MICHIGAN DIV ADVAN MUNI CF , NZW

24 , BLACKROCK MUNICIPAL BOND TRUST CF , BBK

24 , MARKT VCTRS LB AMT FREE LG MNCPL IDX , MLN

24 , BLACKROCK FLORIDA MUNICIPAL 2020 CF , BFO

24 , FORT DEARBORN INCOME SECURITIES CF , FDI

24 , PS INS NY MUNIC , PZT

24 , ISHR SP GBL NCL ENG , NUCL

24 , ASA ETF , ASA

24 , THAI CAPITAL ETF , TF

24 , NUVEEN MARYLAND DIV ADVAN MUNI 2 CF , NZR

24 , EATON VANCE INSURE NEWJERSEY MUNI CF , EMJ

24 , MF GLOBAL LTD , MF

23 , BLACKROCK FLORIDA MUNICIPAL INCM CF , BBF

23 , MORGAN STANLEY EMERGING MKT DEBT ETF , MSD

23 , NUVEEN CALIF PREMIUM INCM MUNI CF , NCU

23 , MINNESOTA MUNICIPAL INC PORTFOLIO ET , MXA

23 , NUVEEN CALIF PERFORMANC PLUS MUNI CF , NCP

23 , SINGAPORE FUND ETF , SGF

23 , VAN KAMPEN OHIO QUALITY MUNICIPL ETF , VOQ

23 , PIONEER MUNICIPAL HIGH INCOME CF , MHI

23 , GABELLI UTILITY CF , GUT

23 , NUVEEN CALIF SELECT TAX-FREE INCM CF , NXC

23 , ISH SP GBLCL ENG , ICLN

23 , BLACKROCK STRATEGIC MUNICIPAL CF , BSD

23 , PUTNAM MANAGED MUNICIPAL INCOME ETF , PMM

22 , BLACKROCK CALIFORNIA MUNICPL INCM CF , BFZ

22 , BLACKROCK MUNIHOLDINGS INSURED CF , MUS

22 , DELAWARE INV NAT MUNICIPL INCOME ETF , VFL

22 , BLACKROCK MUNIYLD MICHIGAN INSRD CF , MIY

22 , NUVEEN PENNSYL INVMNT QUALITY CF , NQP

22 , MORGAN STANLEY YK QLTY MUNICI SEC CF , IQN

22 , NUVEEN INVESTMENT QUALITY MUNI CF , NQM

22 , NUVEEN NEW YORK DIV ADVAN MUNI CF , NXK

22 , NUVEEN MARYLAND DIV ADVAN MUNI 3 CF , NWI

22 , NUVEEN EQUITY PREMIUM INCOME CF , JPZ

22 , WESTERN ASST MUNCPL HGH INCM CF , MHF

22 , EATON VANCE MICHIGAN MUNI INCOME CF , EMI

22 , VAN KAMPEN MUNICIPAL ETF , VKQ

21 , CLAYMORE MAC GLOBAL SOLAR ENERGY ETF , TAN

21 , NUVEEN INSURED PENNSYL PREM INCM CF , NPY

21 , POWERSHARES INDIA PORTFOLIO ETF , PIN

21 , NUV PRM MUN INC , NPF

21 , NUVEEN INSURED DIV ADVAN MUNI CF , NVG

21 , MORGAN STANLEY INSURED MNCPL SECS CF , IMS

21 , NUVEEN NY SELECT QUALITY INCM CF , NVN

21 , EATON VCE TAX MGD GLBL DIVFD EQY ETF , EXG

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21 , BLACKROCK NY MUNICIPAL INCM TRUST CF , BNY

21 , BLACKROCK NY INSURED MUNICPL INCM CF , BSE

21 , MORGAN STANLEY QUALITY MNCPL INCM CF , IQC

21 , MORGAN STANLEY INSURED CALIFORNIA CF , ICS

21 , NUVEEN CALIF INVMNT QUALITY MUNI CF , NQC

20 , NUVEEN CALIFORNIA MUNICIPAL VALUE CF , NCA

20 , NUVEEN OHIO DIVIDEND ADVAN MUNI CF , NXI

20 , VAN KAMPEN PENNSYLVANIA VALUE ETF , VPV

20 , VAN KAMPEN SELECT SECTORS MUNICIP CF , VKL

20 , BLACKROCK MUNI INTERM DUR CF , MUI

20 , NUVEEN NY DIV ADVNTAGE MUNCPL ETF , NAN

20 , WISDOMTREE INDIA EARNINGS ETF , EPI

20 , NUVEEN NEW YORK QUALITY INCM MUNI CF , NUN

20 , MORGAN STANLEY CALIFORNIA INSURED CF , IIC

20 , DREYFUS STRATEGIC MUNICIPALS CF , LEO

20 , BLACKROCK MARYLAND MUNICIPAL BOND CF , BZM

20 , FEDERATED PREMIER INTERMIDAT MUNI CF , FPT

19 , NUVEEN NY PERFORMANCE PLUS MUNI CF , NNP

19 , BLACKROCK MUNIVEST II CF , MVT

19 , EATON VANCE PENSYLVANIA MUNI INCM CF , EVP

19 , NUVEEN ARIZONA DIV ADVAN MUNI 3 CF , NXE

19 , NUVEEN INSURED CALIF DIV ADV MUNI CF , NKL

19 , NUVEEN SELECT MATURITY MUNICIPAL CF , NIM

19 , WESTERN ASST MNGD MUNCPLS CF , MMU

19 , PIMCO MUNICIPAL INCOME III CF , PMX

19 , NUVEEN NC PREMIUM INCOME MUNI CF , NNC

19 , MORGAN STANLEY QLTY MUNICIPAL INV TR , IQT

19 , VAN KAMPEN MUNICIPAL OPPORTUNITY ETF , VMO

19 , NUVEEN INS PREM , NPX

19 , BLACKROCK MUNIVEST CF , MVF

18 , NUVEEN EQUITY PREMIUM ADVANTAGE CF , JLA

18 , DREYFUS STRAT , DSM

18 , BLACKROCK MUNICIPAL INCOME CF , BFK

18 , NUVEEN INS MUNI , NIO

18 , PS DB BM DBL LNG , BDD

18 , VAN KAMPEN BOND ETF , VBF

18 , BLACKROCK MUNIYLD QUALITY FUND II CF , MQT

18 , NUVEEN PERFORM , NPP

18 , NUVEEN MUNICIPAL ADVANTAGE CF , NMA

18 , NUVEEN NJ PREM , NNJ

18 , MADISON/CLMR COV CALL & EQU STRT ETF , MCN

18 , BLACKROCK FLORIDA INVEST QUAL MUN CF , RFA

18 , BARCLAYS IPATH MSCI INDIA RTRN INDX , INP

17 , DREYFUS MUNI , DMF

17 , BLACKROCK INVESTMENT QLTY MUNICPL CF , BKN

17 , NUVEEN MARYLAND DIV ADVAN MUNI CF , NFM

17 , NUVEEN PREMIUM INCOME MUNICIPAL 2 CF , NPM

17 , NUVEEN CALIF MUNI MARKET OPPOR CF , NCO

17 , NEUBERGER BERMAN CALIF INTERM MNC CF , NBW

17 , BLACKROCK MUNIYIELD ARIZONA CF , MZA

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17 , NUVEEN INSURED NY TAX FREE ADV CF , NRK

17 , NUVEEN NEW JERSEY DIV ADVAN MUNI CF , NXJ

17 , NUVEEN EQUITY PREMIUM OPPORTUNITY CF , JSN

17 , NICHOLAS-APPLEGATE INTL & PREMIUM CF , NAI

17 , BLACKROCK MUNIHOLDINGS CF , MHD

16 , MFS HIGH YIELD MUNICIPAL CF , CMU

16 , NUVEEN INSURED QUALITY MUNICIPAL CF , NQI

16 , BLACKROCK NEW JERSEY MUNICPL INCM CF , BNJ

16 , VAN KAMPEN TR INVSTMNT GRADE MUNI ET , VGM

16 , NUVEEN PENNSYLVANIA DIV ADV MUNI CF , NXM

16 , NUVEEN NY MUN 2 , NYV

16 , ING GLOBAL EQUITY DIVDEND OPP CF , IGD

16 , POWERSHARES LUX NANOTECH PRTFLIO ETF , PXN

16 , BLACKROCK MUNIHLDG NEWJERSEY INSD CF , MUJ

16 , NUVEEN NEW YORK MUNICIPAL VALUE CF , NNY

16 , ING GLOBAL ADVANTAGE PREMIUM OPP CF , IGA

16 , MORGAN STANLEY QUALITY MUNICIPAL CF , IQI

16 , NUVEEN CALIFORNIA DIVIDEND ADV CF , NAC

15 , MFS HIGH INCOME MUNICIPAL CF , CXE

15 , PUTNAM MUNI , PMO

15 , EATON VANCE INSURED NY MUNI BD II CF , NYH

15 , BLACKROCK MUNIHLDGS INSD II CF , MUE

15 , MFS MUNICIPAL INCOME CF , MFM

15 , NUVEEN ARIZONA DIV ADVAN MUNI CF , NFZ

15 , MS CHINA A SHARES ETF , CAF

15 , NUVEEN TEXAS QUALITY INCM MUNI CF , NTX

15 , BLACKROCK MUNIYLD QUALITY FUND CF , MQY

15 , NUVEEN NJ MUN VL , NJV

15 , NUVEEN INSURED TX FREE ADVAN MUNI CF , NEA

15 , VAN KAMPEN ADVANTAGE MUNICIPAL ETF , VKI

15 , NUVEEN CONNECTICUT PREM INCM MUNI CF , NTC

14 , EATON VANCE TAX MANAGED GLOBAL CF , ETW

14 , MORGAN STANLEY MUN INCOM OPPOR II CF , OIB

14 , NUVEEN NORTH CARO DIV ADV MUNI CF , NRB

14 , MFS INVESTMENT GRADE MUNICIPAL CF , CXH

14 , MORGAN STANLEY MUN INCM OPPOR III CF , OIC

14 , COHEN STEERS REIT PREFER INCOME CF , RNY

14 , NUVEEN PREMIUM INCOME MUNICIPAL CF , NPI

14 , BLACKROCK MUNIHOLDINGS II CF , MUH

14 , NUVEEN NEW JERSEY INVMNT QUALITY CF , NQJ

14 , MORGAN STANLEY MUNI INCOME OPPOR CF , OIA

14 , BLACKROCK FLA INSURED MUNICI INCM CF , BAF

14 , PIMCO NEW YORK MUN INCOME III CF , PYN

14 , MKT VC HYLD MUN , HYD

13 , BLACKROCK INSURED MUNICIPAL INCM CF , BYM

13 , NUVEEN PENNSYL DIV ADV MUNI 2 CF , NVY

13 , PIMCO CALIFOR MUNI INCM III CF , PZC

13 , NUVEEN CONNECTICUT DIV ADV MUNI 2 CF , NGK

13 , BLACKROCK ENHANCED GOVERNMENT CF , EGF

13 , MORGAN STANLEY MUNICIP PREM INCOM CF , PIA

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13 , PWRSHRS WILDHLL ETF , PBW

13 , IPATH DJAIG COCOA , NIB

13 , PIMCO MUNICIPAL INCOME II CF , PML

13 , NUVEEN OHIO QUALITY INCM MUNI CF , NUO

13 , EATON VANCE INSURED NEW YORK MUNI CF , ENX

13 , NUVEEN DIVIDEND ADVANTAGE MUNI 3 CF , NZF

12 , NUVEEN OHIO DIVIDEND ADVAN MUNI 3 CF , NVJ

12 , MORGAN STANLEY INSURED MUNICIPAL CF , IMT

12 , NUVEEN MUNICIPAL VALUE CF , NUV

12 , NUVEEN MASS DIVIDEND ADVAN MUNI CF , NMB

12 , MFS INTERMEDIATE INCOME CF , MIN

12 , NUVEEN VA DIV , NGB

12 , PIMCO NEW YORK MUNICI INCOME II CF , PNI

12 , NUVEEN CALIF DIV ADVAN MUNI 3 CF , NZH

12 , NUVEEN GA PREM , NPG

12 , BLACKROCK MUNIYIELD INSD CF , MYI

12 , FEDERATED PREMIER MUNICIPL INCOME CF , FMN

12 , BLACKROCK NEW YORK MUNICIPAL BOND CF , BQH

12 , NUVEEN DIVIDEND ADVANTAGE MNCPL CF , NAD

11 , NUVEEN ARIZONA DIV ADVAN MUNI 2 CF , NKR

11 , NUVEEN SELECT QUALITY MUNICIPAL CF , NQS

11 , EATON VANCE NEW YORK MUNCIPL INCM CF , EVY

11 , NUV SL TX FREE 3 , NXR

11 , WISDOMTREE JAPAN TOTAL DIVIDEND ETF , DXJ

11 , NUVEEN DIVIDEND ADVATAGE MUNI 2 CF , NXZ

11 , NUVEEN PREMIUM INCOME MUNICIPAL 4 CF , NPT

11 , NUVEEN OHIO DIVIDEND ADV MNCPL 2 CF , NBJ

11 , NUVEEN CONNECTICUT DIV ADVAN MUNI CF , NFC

11 , PS ULT DJ CRUDE , UCO

11 , EATON VANCE OHIO MUNICIPAL INCOME CF , EVO

11 , EATON VANCE CALIF MUNICIPAL INCM CF , CEV

11 , MARKET VECTORS NUCLEAR ENERGY ETF , NLR

10 , DWS STRATEGIC MUNICIPAL INCOME CF , KSM

10 , BLACKROCK MUNIYLD NEW JERSEY INSD CF , MJI

10 , NUV SL TX FREE 2 , NXQ

10 , BLACKROCK MUNIENHANCED CF , MEN

10 , BLACKROCK MUNIASSETS CF , MUA

10 , BLACKROCK MUNIYIELD NEWJERSEY CF , MYJ

10 , NUVEEN INSURED CALIF TAX FREE ADV CF , NKX

10 , BLACKROCK NEW JERSEY MUNICIPAL BD CF , BLJ

10 , PIMCO NEW YORK MUNICIPAL INCOME CF , PNF

10 , PIMCO CALIFORNIA MUNICIPAL INCOME CF , PCQ

10 , NUVEEN GEORGIA DIV ADVAN MUNI CF , NZX

10 , NUVEEN CAL MUN 2 , NCB

10 , NUVEEN VIRGINIA DIV ADVAN MUNI 2 CF , NNB

9 , BOSTON HOUSING INDEX , BOS

9 , NUVEEN CONNECTICUT DIV ADV MUNI 3 CF , NGO

9 , NUVEEN NORTH CARO DIV ADV MUNI 2 CF , NNO

9 , NUV MUN MKT OPP , NMO

9 , NUVEEN PN MUN VL , NPN

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9 , EATON VANCE TAX MANAGED BUY WRITE CF , ETV

9 , VAN KAMPEN TRUST INSURE MUNICIPL ETF , VIM

9 , PWSHR MENA FRT , PMNA

9 , MKVCTR SOLAR ENERGY , KWT

9 , NUVEEN QUALITY INCOME MUNICIPAL CF , NQU

9 , NUVEEN NORTH CARO DIV ADV MUNI 3 CF , NII

9 , NUVEEN SELECT TAX-FREE INCOME CF , NXP

8 , IPATH DJAIG LEAD , LD

8 , DUFF & PHELPS , DUC

8 , EATON VANCE ENHANCED EQTY INCM II CF , EOS

8 , AMERICAN STRATEGIC INCOME ETF , BSP

8 , NUVEEN NEW JERSEY DIV ADV MUNI 2 CF , NUJ

8 , NUVEEN ARIZONA , NAZ

8 , AMERICAN STRATGC INCOME III ETF , CSP

8 , EATON VANCE INSURED CALIFORNIA II CF , EIA

8 , EATON VANCE TAXMNGD DVFD EQ INCM ETF , ETY

8 , EATON VANCE INSURE CLIFORNIA MUNI CF , EVM

8 , ZWEIG TOTAL RETURN CF , ZTR

8 , NUVEEN MA PREM , NMT

8 , NUVEEN MUNICIPAL INCOME CF , NMI

7 , NUVEEN GLOBAL GOVT ENHNCD INCM ETF , JGG

7 , DELAWARE INVSMNT COL MUNPL INCM ETF , VCF

7 , MARKET VECTORS GLBL ALTNTV ENRGY ETF , GEX

7 , BLACKROCK NEWJERSE INVES QUAL MUN CF , RNJ

7 , VAN KAMPEN CALIF VALUE MUNICIPAL ETF , VCV

7 , PS GBL WIND ENERGY , PWND

7 , EATON VANCE MASSACHUSETTS MNCPL CF , MMV

7 , VAN KAMPEN NEW JERSEY MUNCIPALS ETF , VTJ

7 , EATON VANCE INSURED MUNICIPAL BND CF , EIM

7 , POWERSHRS DB US DLR INDX BULLISH ETF , UUP

7 , EATON VANCE ENHANCED EQTY INCOME CF , EOI

7 , MFS GOVERNMENT MARKETS INCOME CF , MGF

7 , EATON VANCE NEW JERSEY MUNI INCM CF , EVJ

6 , EATON VANCE INSURED OHIO MUNI BND CF , EIO

6 , MA TX FREE ADVTG , NGX

6 , EATON VANCE INSURD MASSACHUS MUNI CF , MAB

6 , MFS CALIFORNIA INSURED MUNICIPAL CF , CCA

6 , MORGAN STANLEY INDIA INVESTMENT CF , IIF

6 , PS DB CO SHORT , SZO

6 , VAN KAMPEN MASSACHUSETTS VALUE ETF , VMV

6 , PROSHRS FINANCIAL , SEF

6 , EATON VANCE TAX MANAGED BUY WRITE CF , ETB

6 , BLACKROCK VIRGINIA MUNICIPAL BOND CF , BHV

6 , INDIA CF , IFN

6 , PS UL SRT 7 10 YR , PST

5 , ENGEX ETF , EGX

5 , DB AGRI SHORT , ADZ

5 , NUVEEN MISSOURI PREMIUM INCM MUNI CF , NOM

5 , SHORT MSCI EMERGING MARKETS ETF , EUM

5 , PROSHARES SHORT MSCI EAFE ETF , EFZ

Page 32: Colby Global Markets Report

5 , SHORT S&P500 PROSHARES ETF , SH

5 , PS DB BM DBL SRT , BOM

5 , PRS ULT SRT20PLUS YR , TBT

5 , ULTRASHORT MSCI JAPAN ETF , EWV

5 , PS ULTRASHRT YEN , YCS

5 , MV DBL SHRT EURO , DRR

5 , PS ULTRASHRT EURO , EUO

5 , SHORT DOW30 PROSHARES ETF , DOG

4 , DXN 10YR TRBR3X , TYO

4 , DB GOLD SHORT NOTE , DGZ

4 , SHORT QQQ PROSHARES ETF , PSQ

4 , DB COMMODITY SHRT , DDP

4 , ULTRASHORT FTSE XINHUA CHINA 25 ETF , FXP

4 , PROSHARES TR SHORT SMALLCAP600 ETF , SBB

4 , PROSHARES TR SHRT RUSSELL2000 ETF , RWM

4 , SHORT MIDCAP400 PROSHARES ETF , MYY

4 , IPATH DJAIG SGR , SGG

4 , PROSHARES OIL GAS , DDG

4 , UNITED STATES NATURAL GAS ETF , UNG

4 , PS ULTSH DJ CRUD , SCO

4 , ULTRASHORT FINANCIALS PROSHARES ETF , SKF

3 , CRITICARE SYS ORD , CMD

3 , PS DB CO DBL SRT , DTO

3 , DXN 30YR TRBR3X , TMV

3 , ULTRASHORT UTILITIES PROSHARES ETF , SDP

3 , ULTRASHORT TECHNOLOGY PROSHARES ETF , REW

3 , BCL IPTSP500 MT , VXZ

3 , ULTRASHORT S&P500 PROSHARES ETF , SDS

3 , RYDEX INVERSE 2X S&P 500 ETF , RSW

3 , ULTRASHORT MSCI EMERGING MARKETS ETF , EEV

3 , PROSHARES ULTRASHORT MSCI EAFE ETF , EFU

3 , ULTRASHORT CONSUMER GOODS ETF , SZK

3 , DB CMDTY DBL SRT , DEE

3 , PROSHS ULTRASHORT RUSS1000 VALU ETF , SJF

2 , ULTRASHORT DOW30 PROSHARES ETF , DXD

2 , PROSHS ULTRASHORT RUSS1000 GROW ETF , SFK

2 , ULTRASHORT HEALTH CARE PROSHARES ETF , RXD

2 , DB AGRI DBL SHRT , AGA

2 , MORGAN STANLEY ILB , GLL

2 , DB GOLD DOUBLE SHORT NOTE , DZZ

2 , ULTRASHORT QQQ PROSHARES ETF , QID

2 , PROSHS ULTRASHORT RUSS2000 VAL ETF , SJH

2 , DXN DL FN BR 3X , FAZ

2 , PRSH ULTRASHT TL , TLL

2 , ULTRASHORT CONSUMER SERVICES ETF , SCC

2 , PROSHS ULTSHORT RUSS MIDCAP VAL ETF , SJL

1 , ULTRASHORT MIDCAP400 PROSHARES ETF , MZZ

1 , PROSHARES TR ULTRASHRT SMLCP600 ETF , SDD

1 , ULTRASHORT INDUSTRIALS PROSHARES ETF , SIJ

1 , PROSHARES TR ULTRASHRT RUSEL2000 ETF , TWM

Page 33: Colby Global Markets Report

1 , PSHR US RL EST , SRS

1 , PRSH US SEMI COND , SSG

1 , PROSHS ULTSHOT RUSS MIDCAP GROW ETF , SDK

1 , ULTRASHORT OIL & GAS PROSHARES ETF , DUG

1 , DXN DLY TC BR3X , TYP

1 , ULTRASHORT BASIC MATERIALS ETF , SMN

1 , PROSHS ULTRASHORT RUSS2000 GROWTH ET , SKK

1 , DXN DL LC BR 3X , BGZ

1 , DXN DL DM BR 3X , DPK

0 , DXN DLYEMK BR3X , EDZ

0 , DXN DL MC BR 3X , MWN

0 , DXN DL SC BR3X , TZA

0 , DXN DL EGBR 3X , ERY

0 , BCL IPTSP500 ST , VXX

0 , ML ACC NT CN STP , CAK

0 , PS ULTRASHRT SILVER , ZSL

Weekly Rank, Name, Symbol Simulated weekly performance of top 10 ETFs: As shown below, my Top10 ETFs, ranked each week by their relative strength, gained substantially more than the S&P 500 since August, 2004, in weekly simulated trading. The numbers in the table are also graphed; see below the table. Both start at 100 on 8/20/04. Changes to my Top10 ETFs list are made at the end of each week. This computer simulation excludes fees, transactions costs, dividends, and taxes. According to CFTC Rule 4.41, hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown. This is simply a ongoing weekly research study that some readers have requested.

Date , S&P 500 , Top 10 , Top 10 Advantage

8/20/04 , 100.00 , 100.00 , 0.00

8/27/04 , 100.86 , 101.91 , 1.05

9/3/04 , 101.39 , 101.90 , 0.50

9/10/04 , 102.33 , 103.88 , 1.56

9/17/04 , 102.75 , 104.31 , 1.56

9/24/04 , 101.07 , 106.78 , 5.71

10/1/04 , 103.02 , 106.69 , 3.68

10/8/04 , 102.17 , 110.18 , 8.01

10/15/04 , 100.90 , 111.75 , 10.85

10/22/04 , 99.76 , 109.37 , 9.60

10/29/04 , 102.90 , 110.15 , 7.25

11/5/04 , 106.17 , 111.23 , 5.06

11/12/04 , 107.81 , 114.52 , 6.70

11/19/04 , 106.55 , 117.46 , 10.91

11/26/04 , 107.68 , 116.81 , 9.14

12/3/04 , 108.45 , 120.65 , 12.20

12/10/04 , 108.16 , 122.30 , 14.14

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12/17/04 , 108.73 , 118.70 , 9.98

12/24/04 , 110.18 , 120.94 , 10.76

12/31/04 , 110.34 , 122.56 , 12.22

1/7/05 , 108.00 , 124.27 , 16.28

1/14/05 , 107.85 , 117.64 , 9.80

1/22/05 , 106.33 , 118.28 , 11.95

1/28/05 , 106.65 , 115.88 , 9.23

2/4/05 , 109.53 , 118.24 , 8.71

2/11/05 , 109.74 , 122.17 , 12.44

2/18/05 , 109.40 , 124.41 , 15.01

2/26/05 , 110.29 , 127.46 , 17.17

3/4/05 , 111.27 , 132.68 , 21.41

3/11/05 , 109.26 , 134.14 , 24.88

3/18/05 , 108.31 , 129.62 , 21.31

3/25/05 , 106.65 , 127.85 , 21.20

4/1/05 , 106.79 , 122.68 , 15.89

4/8/05 , 107.54 , 125.70 , 18.16

4/15/05 , 104.03 , 125.41 , 21.38

4/22/05 , 104.90 , 118.40 , 13.50

4/29/05 , 105.33 , 121.41 , 16.09

5/6/05 , 106.65 , 119.85 , 13.20

5/13/05 , 105.07 , 121.51 , 16.44

5/20/05 , 108.28 , 116.64 , 8.36

5/27/05 , 109.14 , 120.80 , 11.66

6/4/05 , 108.89 , 121.63 , 12.74

6/10/05 , 109.08 , 122.76 , 13.68

6/17/05 , 110.80 , 123.09 , 12.29

6/24/05 , 108.49 , 128.50 , 20.01

7/1/05 , 108.75 , 125.38 , 16.63

7/9/05 , 110.33 , 127.64 , 17.31

7/15/05 , 111.80 , 129.40 , 17.60

7/22/05 , 112.32 , 129.44 , 17.11

7/29/05 , 112.37 , 133.01 , 20.64

8/5/05 , 111.66 , 134.40 , 22.74

8/12/05 , 112.02 , 135.66 , 23.64

8/19/05 , 111.05 , 138.84 , 27.79

8/26/05 , 109.72 , 134.34 , 24.62

9/2/05 , 110.90 , 134.72 , 23.82

9/10/05 , 113.03 , 142.25 , 29.22

9/16/05 , 112.71 , 145.58 , 32.88

9/23/05 , 110.65 , 145.65 , 35.01

9/30/05 , 111.88 , 146.84 , 34.96

10/7/05 , 108.88 , 150.57 , 41.69

10/14/05 , 108.03 , 141.26 , 33.22

10/21/05 , 107.40 , 137.12 , 29.72

10/28/05 , 109.11 , 134.34 , 25.23

11/4/05 , 111.09 , 136.69 , 25.61

11/11/05 , 112.42 , 142.53 , 30.11

11/18/05 , 113.65 , 143.84 , 30.19

11/25/05 , 115.47 , 145.81 , 30.34

12/2/05 , 115.18 , 149.02 , 33.84

12/9/05 , 114.66 , 150.54 , 35.88

12/16/05 , 115.38 , 151.02 , 35.64

12/23/05 , 115.51 , 149.72 , 34.21

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12/31/05 , 113.65 , 152.29 , 38.63

1/7/06 , 117.03 , 151.09 , 34.06

1/13/06 , 117.23 , 161.86 , 44.63

1/21/06 , 114.85 , 162.81 , 47.96

1/27/06 , 116.88 , 161.57 , 44.69

2/3/06 , 115.08 , 166.78 , 51.69

2/10/06 , 115.35 , 162.81 , 47.45

2/17/06 , 117.20 , 160.41 , 43.21

2/25/06 , 117.40 , 162.62 , 45.22

3/3/06 , 117.20 , 163.95 , 46.75

3/10/06 , 116.67 , 163.37 , 46.70

3/17/06 , 119.02 , 154.31 , 35.30

3/24/06 , 118.63 , 161.00 , 42.37

3/31/06 , 117.89 , 160.19 , 42.29

4/7/06 , 117.95 , 161.40 , 43.45

4/14/06 , 117.37 , 164.56 , 47.19

4/21/06 , 119.39 , 164.21 , 44.82

4/28/06 , 119.33 , 173.62 , 54.29

5/5/06 , 120.70 , 172.42 , 51.72

5/12/06 , 117.56 , 180.23 , 62.67

5/19/06 , 115.36 , 174.52 , 59.16

5/26/06 , 116.55 , 162.11 , 45.56

6/2/06 , 117.29 , 159.42 , 42.13

6/9/06 , 114.02 , 159.68 , 45.66

6/16/06 , 113.95 , 148.42 , 34.47

6/23/06 , 113.31 , 145.56 , 32.25

6/30/06 , 115.65 , 146.29 , 30.65

7/7/06 , 115.22 , 153.11 , 37.90

7/14/06 , 112.55 , 152.15 , 39.59

7/21/06 , 112.92 , 150.84 , 37.92

7/28/06 , 116.41 , 154.93 , 38.53

8/4/06 , 116.48 , 157.29 , 40.81

8/11/06 , 115.33 , 154.55 , 39.22

8/18/06 , 118.57 , 154.44 , 35.87

8/25/06 , 117.91 , 152.05 , 34.14

9/1/06 , 119.36 , 154.35 , 34.99

9/9/06 , 118.26 , 150.73 , 32.47

9/15/06 , 120.15 , 153.02 , 32.87

9/22/06 , 119.71 , 153.19 , 33.48

9/29/06 , 121.62 , 154.84 , 33.21

10/6/06 , 122.87 , 156.44 , 33.57

10/13/06 , 124.33 , 159.77 , 35.44

10/20/06 , 124.61 , 159.84 , 35.24

10/27/06 , 125.40 , 161.04 , 35.63

11/3/06 , 124.21 , 159.49 , 35.28

11/10/06 , 125.72 , 163.29 , 37.56

11/17/06 , 127.57 , 165.07 , 37.50

11/24/06 , 127.55 , 167.50 , 39.95

12/1/06 , 127.16 , 166.09 , 38.93

12/8/06 , 128.36 , 168.66 , 40.30

12/15/06 , 129.93 , 170.28 , 40.35

12/22/06 , 128.44 , 165.79 , 37.34

12/29/06 , 129.13 , 171.22 , 42.09

1/5/07 , 128.35 , 166.88 , 38.53

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1/12/07 , 130.26 , 168.24 , 37.98

1/19/07 , 130.24 , 168.95 , 38.71

1/26/07 , 129.48 , 169.36 , 39.88

2/2/07 , 131.87 , 172.69 , 40.82

2/9/07 , 130.93 , 174.36 , 43.43

2/16/07 , 132.52 , 176.28 , 43.76

2/23/07 , 132.12 , 175.58 , 43.45

3/2/07 , 126.30 , 159.04 , 32.75

3/9/07 , 127.67 , 162.61 , 34.94

3/16/07 , 126.28 , 160.79 , 34.51

3/23/07 , 130.75 , 169.15 , 38.40

3/30/07 , 129.36 , 169.59 , 40.22

4/6/07 , 131.45 , 176.16 , 44.71

4/13/07 , 132.28 , 179.67 , 47.39

4/20/07 , 135.14 , 182.01 , 46.87

4/27/07 , 136.03 , 181.21 , 45.18

5/4/07 , 137.08 , 184.23 , 47.15

5/11/07 , 137.10 , 184.71 , 47.60

5/18/07 , 138.64 , 187.36 , 48.72

5/25/07 , 138.00 , 186.33 , 48.33

6/1/07 , 139.88 , 192.19 , 52.31

6/8/07 , 137.27 , 185.55 , 48.29

6/15/07 , 139.56 , 192.92 , 53.36

6/22/07 , 136.80 , 192.29 , 55.49

6/29/07 , 136.87 , 190.20 , 53.32

7/6/07 , 139.34 , 199.72 , 60.38

7/13/07 , 141.35 , 205.39 , 64.04

7/20/07 , 139.67 , 203.16 , 63.49

7/27/07 , 132.83 , 189.93 , 57.10

8/3/07 , 130.47 , 184.58 , 54.10

8/10/07 , 132.35 , 182.79 , 50.44

8/17/07 , 131.65 , 172.13 , 40.49

8/24/07 , 134.69 , 182.28 , 47.59

8/31/07 , 134.20 , 185.84 , 51.64

9/7/07 , 132.34 , 182.92 , 50.58

9/14/07 , 135.13 , 189.73 , 54.60

9/21/07 , 138.91 , 201.08 , 62.17

9/28/07 , 139.00 , 207.07 , 68.07

10/5/07 , 141.81 , 217.06 , 75.25

10/12/07 , 142.20 , 222.48 , 80.28

10/19/07 , 136.63 , 213.36 , 76.73

10/26/07 , 139.78 , 227.40 , 87.61

11/2/07 , 137.45 , 226.57 , 89.13

11/9/07 , 132.35 , 212.38 , 80.03

11/16/07 , 132.81 , 209.55 , 76.74

11/23/07 , 131.17 , 202.27 , 71.10

11/30/07 , 134.85 , 206.12 , 71.27

12/7/07 , 136.99 , 211.39 , 74.40

12/14/07 , 133.65 , 200.62 , 66.97

12/21/07 , 135.15 , 205.20 , 70.04

12/28/07 , 134.61 , 205.02 , 70.41

1/4/08 , 128.52 , 198.75 , 70.23

1/11/08 , 127.56 , 200.50 , 72.94

1/18/08 , 120.65 , 188.83 , 68.18

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1/25/08 , 121.15 , 187.64 , 66.49

2/1/08 , 127.05 , 181.90 , 54.86

2/8/08 , 121.21 , 181.09 , 59.88

2/15/08 , 122.91 , 181.77 , 58.86

2/22/08 , 124.11 , 188.08 , 63.97

2/29/08 , 121.15 , 192.12 , 70.97

3/7/08 , 117.76 , 193.50 , 75.74

3/14/08 , 117.28 , 195.18 , 77.90

3/20/08 , 121.05 , 180.69 , 59.65

3/28/08 , 119.75 , 182.06 , 62.32

4/4/08 , 124.77 , 181.64 , 56.87

4/11/08 , 121.35 , 182.30 , 60.95

4/18/08 , 126.58 , 191.34 , 64.75

4/25/08 , 127.27 , 189.58 , 62.31

5/2/08 , 128.73 , 187.80 , 59.07

5/9/08 , 126.40 , 193.58 , 67.18

5/16/08 , 129.77 , 201.96 , 72.19

5/23/08 , 125.27 , 200.26 , 74.98

5/30/08 , 127.50 , 202.73 , 75.23

6/6/08 , 123.88 , 205.04 , 81.15

6/13/08 , 123.82 , 203.44 , 79.61

6/20/08 , 119.99 , 204.08 , 84.09

6/27/08 , 116.39 , 204.55 , 88.16

7/3/08 , 114.98 , 198.71 , 83.73

7/11/08 , 112.85 , 198.77 , 85.92

7/18/08 , 114.78 , 189.17 , 74.39

7/25/08 , 114.51 , 188.02 , 73.51

8/1/08 , 114.75 , 192.91 , 78.16

8/8/08 , 118.02 , 184.91 , 66.89

8/15/08 , 118.20 , 186.17 , 67.98

8/22/08 , 117.65 , 182.27 , 64.63

8/29/08 , 116.80 , 179.79 , 62.99

9/5/08 , 113.11 , 176.60 , 63.49

9/12/08 , 113.96 , 174.92 , 60.96

9/19/08 , 114.27 , 174.93 , 60.66

9/26/08 , 110.46 , 172.47 , 62.01

10/3/08 , 100.08 , 190.50 , 90.42

10/10/08 , 81.87 , 232.70 , 150.83

10/17/08 , 85.63 , 217.04 , 131.41

10/24/08 , 79.83 , 237.28 , 157.46

10/31/08 , 88.20 , 203.12 , 114.92

11/7/08 , 84.76 , 211.90 , 127.14

11/14/08 , 79.51 , 226.64 , 147.13

11/21/08 , 72.84 , 249.02 , 176.18

11/28/08 , 81.60 , 217.64 , 136.05

12/5/08 , 79.76 , 220.06 , 140.30

12/12/08 , 80.10 , 216.07 , 135.97

12/19/08 , 80.84 , 215.21 , 134.37

12/26/08 , 79.46 , 218.49 , 139.02

1/2/09 , 84.84 , 200.77 , 115.93

1/9/09 , 81.06 , 204.82 , 123.76

1/16/09 , 77.40 , 213.16 , 135.76

1/23/09 , 75.75 , 216.12 , 140.38

1/30/09 , 75.19 , 215.69 , 140.49

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2/6/09 , 79.08 , 200.81 , 121.73

2/13/09 , 75.28 , 212.89 , 137.61

2/20/09 , 70.11 , 231.70 , 161.59

2/27/09 , 66.93 , 239.07 , 172.14

3/6/09 , 62.22 , 258.45 , 196.23

3/13/09 , 68.88 , 227.97 , 159.09

3/20/09 , 69.97 , 225.01 , 155.04

3/27/09 , 74.29 , 205.49 , 131.20

4/3/09 , 76.71 , 197.61 , 120.91

4/10/09 , 77.99 , 196.66 , 118.68

4/17/09 , 79.17 , 195.55 , 116.37

4/24/09 , 78.87 , 195.64 , 116.78

5/1/09 , 79.89 , 193.41 , 113.51

5/8/09 , 84.60 , 196.64 , 112.04

5/15/09 , 80.38 , 185.68 , 105.30

5/22/09 , 80.76 , 186.97 , 106.21

5/29/09 , 83.68 , 195.85 , 112.17

6/5/09 , 85.59 , 197.89 , 112.30

6/12/09 , 86.15 , 196.71 , 110.56

6/19/09 , 83.87 , 187.50 , 103.63

6/26/09 , 83.66 , 188.93 , 105.27

7/3/09 , 81.62 , 185.32 , 103.70

7/10/09 , 80.04 , 179.40 , 99.36

7/17/09 , 85.62 , 193.37 , 107.75

7/24/09 , 89.16 , 204.04 , 114.89

7/31/09 , 89.91 , 204.36 , 114.46

8/7/09 , 92.00 , 206.18 , 114.18

8/14/09 , 91.42 , 204.49 , 113.07

8/21/09 , 93.42 , 205.40 , 111.98

8/28/09 , 93.68 , 205.62 , 111.94

9/4/09 , 92.54 , 202.80 , 110.26

9/11/09 , 94.94 , 209.05 , 114.11

9/18/09 , 97.26 , 215.33 , 118.06

9/25/09 , 95.09 , 209.01 , 113.92

10/2/09 , 93.34 , 202.00 , 108.66

10/9/09 , 97.55 , 215.16 , 117.60

10/16/09 , 99.03 , 218.66 , 119.63

10/23/09 , 98.29 , 215.23 , 116.93

10/30/09 , 94.34 , 198.32 , 103.98

11/6/09 , 97.36 , 207.43 , 110.07

11/13/09 , 99.56 , 213.90 , 114.34

11/20/09 , 99.37 , 210.53 , 111.17

11/27/09 , 99.38 , 210.24 , 110.86

12/4/09 , 100.69 , 214.97 , 114.28

12/11/09 , 100.73 , 210.86 , 110.13

12/18/09 , 100.38 , 207.62 , 107.24

12/24/09 , 102.56 , 214.83 , 112.27

12/31/09 , 101.53 , 212.11 , 110.58

1/8/10 , 104.25 , 219.35 , 115.10

1/15/10 , 103.43 , 213.49 , 110.06

1/22/10 , 99.40 , 201.27 , 101.87

1/29/10 , 97.77 , 195.18 , 97.41

2/5/10 , 97.07 , 189.12 , 92.05

2/12/10 , 97.92 , 195.11 , 97.19

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2/19/10 , 100.99 , 202.11 , 101.13

2/26/10 , 100.56 , 201.77 , 101.21

3/5/10 , 103.67 , 212.78 , 109.11

3/12/10 , 104.70 , 217.95 , 113.25

3/19/10 , 105.60 , 216.72 , 111.12

3/26/10 , 106.21 , 218.54 , 112.33

4/2/10 , 107.26 , 221.41 , 114.15

4/9/10 , 108.74 , 226.29 , 117.54

4/16/10 , 108.54 , 221.56 , 113.02

4/23/10 , 110.83 , 227.97 , 117.14

4/30/10 , 108.04 , 220.60 , 112.55

5/7/10 , 101.14 , 200.18 , 99.04

5/14/10 , 103.40 , 207.57 , 104.17

5/21/10 , 99.03 , 194.24 , 95.21

5/28/10 , 99.19 , 198.39 , 99.20

6/4/10 , 96.95 , 189.53 , 92.58

6/11/10 , 99.39 , 198.22 , 98.83

6/18/10 , 101.74 , 204.88 , 103.14

6/25/10 , 98.03 , 200.18 , 102.14

7/2/10 , 93.10 , 191.66 , 98.56

7/9/10 , 98.14 , 196.67 , 98.53

7/16/10 , 96.95 , 193.62 , 96.67

7/23/10 , 100.39 , 200.03 , 99.63

7/30/10 , 100.30 , 203.07 , 102.78

8/6/10 , 102.12 , 205.67 , 103.55

8/13/10 , 98.26 , 199.30 , 101.04

8/20/10 , 97.57 , 202.81 , 105.24

8/27/10 , 96.93 , 203.20 , 106.28

9/3/10 , 100.56 , 209.21 , 108.65

9/10/10 , 101.02 , 208.86 , 107.84

9/17/10 , 102.48 , 213.36 , 110.88

9/24/10 , 104.58 , 217.65 , 113.07

10/1/10 , 104.36 , 223.19 , 118.83

10/8/10 , 106.08 , 226.22 , 120.13

10/15/10 , 107.09 , 229.40 , 122.31

10/22/10 , 107.71 , 227.62 , 119.90

10/29/10 , 107.73 , 227.75 , 120.02

11/5/10 , 111.61 , 239.24 , 127.63

11/12/10 , 109.18 , 231.09 , 121.91

11/19/10 , 109.23 , 232.80 , 123.57

11/26/10 , 108.29 , 225.87 , 117.58

12/3/10 , 111.50 , 236.59 , 125.08

12/10/10 , 112.93 , 236.79 , 123.86

12/17/10 , 113.25 , 236.39 , 123.14

12/24/10 , 114.42 , 236.51 , 122.09

12/31/10 , 114.50 , 237.96 , 123.45

1/7/11 , 115.76 , 232.37 , 116.61

1/14/11 , 117.74 , 237.13 , 119.39

1/21/11 , 116.84 , 227.91 , 111.07

1/28/11 , 116.21 , 231.01 , 114.80

2/4/11 , 119.35 , 239.79 , 120.44

2/11/11 , 121.01 , 242.73 , 121.72

2/18/11 , 122.28 , 250.91 , 128.64

2/25/11 , 120.17 , 250.04 , 129.87

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3/4/11 , 120.28 , 255.93 , 135.65

3/11/11 , 118.75 , 245.10 , 126.35

3/18/11 , 116.47 , 243.54 , 127.08

3/25/11 , 119.62 , 255.41 , 135.79

4/1/11 , 121.31 , 260.22 , 138.91

4/8/11 , 120.92 , 264.69 , 143.77

4/15/11 , 120.15 , 258.72 , 138.57

4/22/11 , 121.76 , 266.10 , 144.34

4/29/11 , 124.15 , 268.62 , 144.47

5/6/11 , 122.02 , 244.58 , 122.56

Date , S&P 500 , Top 10 , Top 10 Advantage

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Page 41: Colby Global Markets Report

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