Portfolio, November 1, 2012

S&P 500: 1412 (100.5%)

Portfolio: $512,594 (102.5%)

XBI      1800 shares    $150,876

ITB    9140 shares    $187,593

IYZ      7070 shares    $172,649

Cash                            $1,475

Notes: The portfolio is outperforming the market by two percent over the last six months, losing gains as the major indices fall in October.