Giordano Fund

Portfolio Holdings as of 10/31/2009

Ticker Cusip Description Shares Market Value
AA 013817101 Alcoa Inc. 3,000.000 $37,260.00
BRKL 11373M107 Brookline Bancorp, Inc. 4,000.000 $39,160.00
COP 20825C104 ConocoPhillips 1,100.000 $55,198.00
CPSI 205306103 Computer Programs and Systems, Inc. 1,600.000 $67,584.00
CVX 166764100 Chevron Corportation 1,000.000 $76,540.00
EM050112 EM050112 Empire Corporation 05/01/12 275,000.000 $275,000.00
FHU-KG 42Z99H694 WELLS FARGO & CO CLL OPT 11/09 @ 33 -31.000 ($31.00)
FMPXX 316175207 Fidelity Money Market Inst. Fund 59 21,878.070 $21,878.07
GE 369604103 General Electric Company 2,000.000 $28,520.00
HD 437076102 The Home Depot, Inc. 2,000.000 $50,180.00
JNJ 478160104 Johnson & Johnson 1,300.000 $76,765.00
LLY 532457108 Eli Lilly & Company 2,000.000 $68,020.00
MRK 589331107 Merck & Co., Inc. 2,000.000 $61,860.00
NUE 670346105 Nucor Corporation 1,400.000 $55,790.00
OLN 680665205 Olin Corporation 4,000.000 $61,080.00
PAYX 704326107 Paychex, Inc. 2,500.000 $71,025.00
RSW 78355W767 Rydex Inverse 2x S&P 500 ETF 1,000.000 $66,720.00
RTN 755111507 Raytheon Company 2,000.000 $90,560.00
SNA 833034101 Snap-On, Inc. 2,000.000 $73,060.00
SSO 74347R107 PROSHARES ULTRA S&P 500 2,000.000 $65,700.00
TRV 89417E109 Travelers Group, Inc. 2,000.000 $99,580.00
TRV-KJ 9XQ99J713 TRAVELERS COS INC CALL OPTION 11/09 -20.000 ($4,100.00)
WFC 949746101 Wells Fargo & Company 3,100.000 $85,312.00

Totals 336,827.070 $1,522,661.07