Instuitional Investor - Valentine Capital Asset Management, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Taro Pharmaceutical Industries Ltd	TAROF	28,431	$4,394,000	4.9%
2.	Credit Suisse Nassau Brh X Link Silver		442,256	$4,130,000	4.61%
3.	Spdr Series Trust		55,991	$3,930,000	4.38%
4.	Proshares Trust		50,135	$3,584,000	4%
5.	Generac Holdings Inc.	GNRC	102,518	$3,051,000	3.4%