Portfolio Holdings as of 8/31/2009
| Ticker | Cusip | Description | Shares | Market Value |
| AA | 013817101 | Alcoa Inc. | 3,000.000 | $36,150.00 |
| BRKL | 11373M107 | Brookline Bancorp, Inc. | 4,000.000 | $41,760.00 |
| CAT | 149123101 | Caterpillar, Inc. | 1,500.000 | $67,965.00 |
| COP | 20825C104 | ConocoPhillips | 1,100.000 | $49,533.00 |
| CVX | 166764100 | Chevron Corportation | 1,000.000 | $69,940.00 |
| DICXX | 26188J206 | Dreyfus Cash Manage ment Inst. Fund 288 | 9,344.790 | $9,344.79 |
| EM050112 | EM050112 | Empire Corporation 05/01/12 | 275,000.000 | $275,000.00 |
| FMPXX | 316175207 | Fidelity Money Market Inst. Fund 59 | 78,749.650 | $78,749.65 |
| GCI | 364730101 | Gannett Company, Inc. | 12,000.000 | $103,680.00 |
| GE | 369604103 | General Electric Company | 2,000.000 | $27,800.00 |
| HD | 437076102 | The Home Depot, Inc. | 2,000.000 | $54,580.00 |
| JNJ | 478160104 | Johnson & Johnson | 1,300.000 | $78,572.00 |
| LLY | 532457108 | Eli Lilly & Company | 2,000.000 | $66,920.00 |
| MRK | 589331107 | Merck & Co., Inc. | 2,000.000 | $64,860.00 |
| NUE | 670346105 | Nucor Corporation | 1,400.000 | $62,356.00 |
| PAYX | 704326107 | Paychex, Inc. | 2,500.000 | $70,725.00 |
| RTN | 755111507 | Raytheon Company | 2,000.000 | $94,360.00 |
| SNA | 833034101 | Snap-On, Inc. | 2,000.000 | $74,640.00 |
| SSO | 74347R107 | PROSHARES ULTRA S&P 500 | 2,200.000 | $70,818.00 |
| TRV | 89417E109 | Travelers Group, Inc. | 2,000.000 | $100,840.00 |
| WFC | 949746101 | Wells Fargo & Company | 3,100.000 | $85,312.00 |
| Totals | 410,194.440 | $1,583,905.44 | ||