The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AT&T INC COM 00206R102 213,907 6,070 SH   SOLE 0 0 0 6,070
AIR TRANSPORT SERVICES GROUP COM 00922R105 19,106,724 2,624,550 SH   SOLE 0 0 0 2,624,550
AMAZON.COM INC COM 023135106 699,695 2,170 SH   SOLE 0 0 0 2,170
AMERICAN MOVIL-SAB DE CV ADR 02364W105 265,255 10,526 SH   SOLE 0 0 0 10,526
AMERICAN AIRLINES GROUP COM 02376R102 227,072 6,400 SH   SOLE 0 0 0 6,400
AMERICAN CAPITAL AGENCY CORP COM 02503X105 1,088,638 51,230 SH   SOLE 0 0 0 51,230
AMERICAN INTERNATIONAL GROUP COM 026874784 336,282 6,225 SH   SOLE 0 0 0 6,225
APOLLO INVESTMENT CORP COM 03761U106 100,287 12,275 SH   SOLE 0 0 0 12,275
APPLE INC COM 037833100 11,926,584 118,378 SH   SOLE 0 0 0 118,378
ARCELORMITTAL SA LUXEMBOURG COM 03938L104 256,003 18,700 SH   SOLE 0 0 0 18,700
BP PLC ADR 055622104 246,120 5,600 SH   SOLE 0 0 0 5,600
BANCO SANTANDER SA ADR 05964H105 159,714 16,812 SH   SOLE 0 0 0 16,812
BANK OF AMERICA CORPORATION COM 060505104 1,343,779 78,814 SH   SOLE 0 0 0 78,814
BARCLAYS BK PLC ADR 2 PREF 2 06739F390 2,520,245 110,070 SH   SOLE 0 0 0 110,070
BARCLAYS BK PLC ADR 06739H362 364,164 24,170 SH   SOLE 0 0 0 24,170
BARCLAYS BK PLC ADR 06739H776 106,638 11,855 SH   SOLE 0 0 0 11,855
BE AEROSPACE INC COM 073302101 651,794 7,765 SH   SOLE 0 0 0 7,765
BERKSHIRE HATHAWAY INC CL B 084670702 460,421 3,333 SH   SOLE 0 0 0 3,333
BEST BUY INC COM 086516101 214,976 6,400 SH   SOLE 0 0 0 6,400
CARMAX INC COM 143130102 4,937,217 106,291 SH   SOLE 0 0 0 106,291
CEMEX SAB DE CV SPON ADR NEW 151290889 2,126,289 163,059 SH   SOLE 0 0 0 163,059
CHINA MOBILE LIMITED ADR 16941M109 587,500 10,000 SH   SOLE 0 0 0 10,000
CHINA TECHFAITH WIRELESS ADR 169424108 13,000 10,000 SH   SOLE 0 0 0 10,000
CIRRUS LOGIC INC COM 172755100 834,938 40,045 SH   SOLE 0 0 0 40,045
CITIGROUP INC COM NEW 172967424 1,805,772 34,847 SH   SOLE 0 0 0 34,847
CONOCOPHILIPS COM 20825C104 329,036 4,300 SH   SOLE 0 0 0 4,300
CORNING INC COM 219350105 3,028,161 156,575 SH   SOLE 0 0 0 156,575
COSTCO WHOLESALE CORP COM 22160K105 250,640 2,000 SH   SOLE 0 0 0 2,000
WALT DISNEY CO COM 254687106 531,509 5,970 SH   SOLE 0 0 0 5,970
EMC CORP COM 268648102 4,911,291 167,850 SH   SOLE 0 0 0 167,850
ETFS GOLD TR SH COM 26922Y105 683,511 5,769 SH   SOLE 0 0 0 5,769
EBAY INC COM 278642103 6,551,298 115,686 SH   SOLE 0 0 0 115,686
FACEBOOK INC CL A 30303M102 1,340,360 16,958 SH   SOLE 0 0 0 16,958
FLEXTRONICS INTL LTD ORD Y2573F102 18,183,324 1,761,950 SH   SOLE 0 0 0 1,761,950
FLUOR CORP NEW COM 343412102 2,512,640 37,620 SH   SOLE 0 0 0 37,620
FOMENTO ECONOMICO MEXICANOS SPON ADR UNITS 344419106 230,125 2,500 SH   SOLE 0 0 0 2,500
FUEL TECH INC COM 359523107 48,875 11,500 SH   SOLE 0 0 0 11,500
GT ADVANCED TECHNOLOGIES INC COM 36191U106 592,166 52,200 SH   SOLE 0 0 0 52,200
GENERAL ELECTRIC CO COM 369604103 1,648,391 64,340 SH   SOLE 0 0 0 64,340
GENERAL MOTORS COMPANY COM 37045V100 1,110,682 34,774 SH   SOLE 0 0 0 34,774
GOOGLE INC CL A 38259P508 501,325 852 SH   SOLE 0 0 0 852
GOOGLE INC CL C 38259P706 233,670 423 SH   SOLE 0 0 0 423
HALOZYME THERAPEUTICS INC COM 40637H109 800,875 21,500 SH   SOLE 0 0 0 21,500
INTEL CORP COM 458140100 4,664,148 32,940 SH   SOLE 0 0 0 32,940
ISHARES MEXICO ETF 464286822 440,078 6,403 SH   SOLE 0 0 0 6,403
ISHARES SELECT DIVID ETF ETF 464287168 239,454 3,242 SH   SOLE 0 0 0 3,242
ISHARES S&P GLOBAL HEALTHCARE ETF 464287325 241,319 2,470 SH   SOLE 0 0 0 2,470
ISHARES US FINANCIALS ETF ETF 464287788 886,595 10,590 SH   SOLE 0 0 0 10,590
ISHARES EUROPE ETF ETF 464287861 837,451 18,577 SH   SOLE 0 0 0 18,577
ISHARES TR REAL ESTATE CAPPED ETF 464288539 176,850 15,000 SH   SOLE 0 0 0 15,000
ISHARES TR S&P US PFD STK INDEX ETF 464288687 209,258 5,295 SH   SOLE 0 0 0 5,295
ISHARES DJ US HOME CONSTRUCTION ETF 464288752 276,627 12,300 SH   SOLE 0 0 0 12,300
ISHARES SILVER TRUST ETF 46428Q109 236,274 14,450 SH   SOLE 0 0 0 14,450
JETBLUE AIRWAYS CORP COM 477143101 34,811,228 326,590 SH   SOLE 0 0 0 326,590
JOHSON & JOHNSON COM 478160104 201,718 4,300 SH   SOLE 0 0 0 4,300
JOHNSON CTLS INC COM 478366107 7,039,044 116,850 SH   SOLE 0 0 0 116,850
JUNIPER NETWORKS COM 48203R104 29,130,840 477,320 SH   SOLE 0 0 0 477,320
KOHLS CORP COM 500255104 1,011,966 71,115 SH   SOLE 0 0 0 71,115
KULICKE & SOFFA INDS INC COM 501242101 977,672 68,705 SH   SOLE 0 0 0 68,705
LSB INDUSTRIES INC COM 502160104 174,769 19,615 SH   SOLE 0 0 0 19,615
LENNAR CORP COM 526057104 204,054 4,950 SH   SOLE 0 0 0 4,950
MEDNAX INC COM 58502B106 1,485,972 313,127 SH   SOLE 0 0 0 313,127
MICHAEL KORS HOLDINGS LTD COM G60754101 229,436 4,949 SH   SOLE 0 0 0 4,949
MENS WEARHOUSE INC COM 587118100 2,765,802 109,450 SH   SOLE 0 0 0 109,450
MICROSOFT CORP COM 594918104 1,371,697 27,350 SH   SOLE 0 0 0 27,350
NVR INC COM 62944T105 6,852,441 6,064 SH   SOLE 0 0 0 6,064
NATIONAL BK OF GREECE S A SPN ADR REP 1 SH 633643705 538,941 179,050 SH   SOLE 0 0 0 179,050
NATIONAL BANK OF GREECE S A ADR PRF SERA 633643507 2,217,545 114,950 SH   SOLE 0 0 0 114,950
NEXTFLIX COM INC COM 64110L106 270,708 600 SH   SOLE 0 0 0 600
NVIDIA CORP COM 67066G104 4,941,279 267,820 SH   SOLE 0 0 0 267,820
OI SA COM 670851203 36,400 52,000 SH   SOLE 0 0 0 52,000
PACWEST BANCORP DEL COM 695263103 354,578 8,600 SH   SOLE 0 0 0 8,600
PEABODY ENERGY CORPORATION COM 704549104 6,355,025 513,330 SH   SOLE 0 0 0 513,330
PETROLEO BRASILEIRO SA PETRO SPON ADR 71654V408 25,159,012 1,773,010 SH   SOLE 0 0 0 1,773,010
POTIGAL TELECOMM ADR 737273102 50,160 24,000 SH   SOLE 0 0 0 24,000
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 808,695 8,186 SH   SOLE 0 0 0 8,186
PRICELINE COM INC COM NEW 741503403 1,056,625 912 SH   SOLE 0 0 0 912
PROSHARES TR PSHS ULTSH 20YRS 74347B201 6,681,808 118,619 SH   SOLE 0 0 0 118,619
PROSHARES TR ULTRA QQQ ETF 74347R206 927,546 7,378 SH   SOLE 0 0 0 7,378
PROSHARES TR ULTRASHORT ETF 74347W395 794,440 8,087 SH   SOLE 0 0 0 8,087
QUALCOMM INC COM 747525103 823,592 11,015 SH   SOLE 0 0 0 11,015
RENREN INC SPON ADR 759892102 246,992 71,800 SH   SOLE 0 0 0 71,800
RITE AID CORP COM 767754104 135,520 28,000 SH   SOLE 0 0 0 28,000
ROSS STORES INC COM 778296103 6,199,072 82,020 SH   SOLE 0 0 0 82,020
ROYAL BK SCOTLAND GROUP PLC ADR 780097754 2,038,945 93,920 SH   SOLE 0 0 0 93,920
ROYAL BK SCOTLAND GROUP PLC SP ADR L RP PF 780097788 233,554 18,000 SH   SOLE 0 0 0 18,000
SPDR S&P 500 ETF 78462F103 881,270 4,473 SH   SOLE 0 0 0 4,473
SPDR GOLD TR ETF 78463V107 7,529,362 64,791 SH   SOLE 0 0 0 64,791
SAP AG ADR 803054204 376,675 5,220 SH   SOLE 0 0 0 5,220
SELECT SECTOR SPDR TR CONSUMER ETF 81369Y407 431,484 6,470 SH   SOLE 0 0 0 6,470
SIMON PROPERTY GROUP COM 828806109 228,544 1,310 SH   SOLE 0 0 0 1,310
SOLARCITY CORP COM 83416T100 292,338 4,905 SH   SOLE 0 0 0 4,905
SYNTEL INC COM 87162H103 956,348 10,875 SH   SOLE 0 0 0 10,875
TAIWAN SEMICONDUCTOR MFG LTD SPON ADR 874039100 3,822,294 189,410 SH   SOLE 0 0 0 189,410
TEREX CORP NEW COM 880779103 9,065,411 285,345 SH   SOLE 0 0 0 285,345
TELSA MOTORS INC COM 88160R101 229,333 945 SH   SOLE 0 0 0 945
TWITTER INC COM 90184L102 225,405 4,370 SH   SOLE 0 0 0 4,370
UNITED STATES STEEL CORP COM 912909108 651,789 16,640 SH   SOLE 0 0 0 16,640
VALE S A ADR 91912E105 193,556 17,580 SH   SOLE 0 0 0 17,580
VALUE LINE INC COM 920437100 680,997 42,669 SH   SOLE 0 0 0 42,669
VANGUARD INDEX REIT ETF 922908553 215,193 2,995 SH   SOLE 0 0 0 2,995
VMWARE INC CL A COM 928563402 599,168 6,385 SH   SOLE 0 0 0 6,385
WALMART STORES COM 931142103 265,198 3,468 SH   SOLE 0 0 0 3,468
WELLS FARGO & CO COM 949746101 371,752 7,167 SH   SOLE 0 0 0 7,167
WHOLE FOODS MARKET INC COM 966837106 551,452 14,470 SH   SOLE 0 0 0 14,470
WISDOMTREE JAPAN HEDGED EQUITY COM 97717W851 739,282 14,130 SH   SOLE 0 0 0 14,130
YINGLI GREEN ENERGY HOLDINGS COM 98584B103 43,540 14,000 SH   SOLE 0 0 0 14,000
YOUKU TUDOU INC COM 98742U100 345,946 19,305 SH   SOLE 0 0 0 19,305
YUM BRANDS INC COM 988498101 333,987 4,640 SH   SOLE 0 0 0 4,640