Portfolio Holdings as of 9/30/2009
| Ticker | Cusip | Description | Shares | Market Value |
| AA | 013817101 | Alcoa Inc. | 3,000.000 | $39,360.00 |
| BRKL | 11373M107 | Brookline Bancorp, Inc. | 4,000.000 | $38,880.00 |
| COP | 20825C104 | ConocoPhillips | 1,100.000 | $49,676.00 |
| CPSI | 205306103 | Computer Programs and Systems, Inc. | 518.000 | $21,450.38 |
| CVX | 166764100 | Chevron Corportation | 1,000.000 | $70,430.00 |
| DICXX | 26188J206 | Dreyfus Cash Manage ment Inst. Fund 288 | 56,498.900 | $56,498.90 |
| EM050112 | EM050112 | Empire Corporation 05/01/12 | 275,000.000 | $275,000.00 |
| FMPXX | 316175207 | Fidelity Money Market Inst. Fund 59 | 75,706.830 | $75,706.83 |
| GCI | 364730101 | Gannett Company, Inc. | 7,000.000 | $87,570.00 |
| GE | 369604103 | General Electric Company | 2,000.000 | $32,840.00 |
| HD | 437076102 | The Home Depot, Inc. | 2,000.000 | $53,280.00 |
| JNJ | 478160104 | Johnson & Johnson | 1,300.000 | $79,157.00 |
| LLY | 532457108 | Eli Lilly & Company | 2,000.000 | $66,060.00 |
| MRK | 589331107 | Merck & Co., Inc. | 2,000.000 | $63,260.00 |
| NUE | 670346105 | Nucor Corporation | 1,400.000 | $65,814.00 |
| OLN | 680665205 | Olin Corporation | 4,000.000 | $69,760.00 |
| PAYX | 704326107 | Paychex, Inc. | 2,500.000 | $72,625.00 |
| RSW | 78355W767 | Rydex Inverse 2x S&P 500 ETF | 1,000.000 | $65,190.00 |
| RTN | 755111507 | Raytheon Company | 2,000.000 | $95,940.00 |
| SNA | 833034101 | Snap-On, Inc. | 2,000.000 | $69,520.00 |
| TRV | 89417E109 | Travelers Group, Inc. | 2,000.000 | $98,460.00 |
| WFC | 949746101 | Wells Fargo & Company | 3,100.000 | $87,358.00 |
| Totals | 451,123.730 | $1,633,836.11 | ||