Instuitional Investor - Longer Investments Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	IEF	72,255	$11,062,000	13.07%
2.	Ishares Trust	IEF	73,280	$7,195,000	8.5%
3.	Ishares Trust	IEF	47,975	$5,712,000	6.75%
4.	Ishares U.s. Preferred Stock I		115,130	$4,208,000	4.97%
5.	Sector Spdr Trust	XLB	161,160	$4,143,000	4.89%