Madoff's Most Recent Form 13F Holdings Report (November 10, 2008)

FORM 13F INFORMATION TABLE

________________

TITLE OF VALUE SHARES OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMOUNT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
______________ _____ _____ ________ __________ ___ ____ __________ ________ ________________

A.H. BELO CORP CLASS A COMMON COMMON 001282102 53 10214 SH SOLE SOLE
ABITIBIBOWATER INC COMMON 003687100 178 46000 SH CALL SOLE SOLE
ACE LTD NEW COMMON H0023R105 1148 21200 SH SOLE SOLE
ADVENT SOFTWARE COMMON 007974108 505 14345 SH SOLE SOLE

FORM 13F INFORMATION TABLE

COLUMN1 COLUMN2 COLUMN3 COLUMN4 COLUMN5 COLUMN6 COLUMN7 COLUMN8
______________ ________ _________ _________ _____________________ __________ ________ ________________

TITLE OF VALUE SHARES OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMOUNT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
______________ _____ _____ ________ __________ ___ ____ __________ ________ ________________

<S> <C> <C> <C> <C> <C> <C>
A.H. BELO CORP CLASS A COMMON COMMON 001282102 53 10214 SH SOLE SOLE
ABITIBIBOWATER INC COMMON 003687100 178 46000 SH CALL SOLE SOLE
ACE LTD NEW COMMON H0023R105 1148 21200 SH SOLE SOLE
ADVENT SOFTWARE COMMON 007974108 505 14345 SH SOLE SOLE
AEROPOSTALE INC COMMON 007865108 427 13291 SH SOLE SOLE
AEROVIRONMENT INC COMMON 008073108 389 12160 SH SOLE SOLE
AES CORP COMMON 00130H105 125 10700 SH SOLE SOLE
AETNA INC COMMON 00817Y108 1313 36369 SH SOLE SOLE
AK STEEL HOLDING CO COMMON 001547108 1236 47703 SH SOLE SOLE
ALEXION PHARMACEUTICALS INC COMMON 015351109 345 8788 SH SOLE SOLE
ALIGN TECHNOLOGY INC COMMON 016255101 251 23189 SH SOLE SOLE
ALKERMES INC COMMON 01642T108 186 13988 SH SOLE SOLE
ALLEGHANY CORP COMMON 017175100 1049 2875 SH SOLE SOLE
ALLIANCE IMAGING INC COMMON 018606202 297 28879 SH SOLE SOLE
ALLIED WORLD ASSURANCE COMMON G0219G203 3033 85395 SH SOLE SOLE
ALTERNATIVE ASSET MANAGEMENT COMMON 02149U101 1807 200822 SH SOLE SOLE
AMBAC FINANCIAL GROUP INC COMMON 023139108 210 90064 SH SOLE SOLE
AMEDISYS INC COMMON 023436108 284 5836 SH SOLE SOLE
AMERICAN COMMUNITY NEWSPAPER COMMON 02520T111 50000 SH SOLE SOLE
AMERICAN EAGLE OUTFITTERS HLDG COMMON 02553E106 727 47650 SH SOLE SOLE
AMERICAN INTL GROUP INC COMMON 026874107 72 21614 SH SOLE SOLE
AMERICAN INTL GROUP INC COMMON 026874107 266 80000 SH CALL SOLE SOLE
AMERICAN PHYSICIANS SVC GP COMMON 028882108 642 30327 SH SOLE SOLE
AMERIGROUP CORP COMMON 03073T102 245 9700 SH SOLE SOLE
AMERON INTERNATIONAL CORP COMMON 030710107 385 5375 SH SOLE SOLE
AMN HEALTHCARE SERVICES INC COMMON 001744101 609 34659 SH SOLE SOLE
AMPHENOL CORP COMMON 032095101 775 19296 SH SOLE SOLE
AMREP CORP COMMON 032159105 346 8151 SH SOLE SOLE
ANALOG DEVICES COMMON 032654105 1415 53700 SH SOLE SOLE
ANHEUSER BUSCH COS INC COMMON 035229103 4412 68000 SH SOLE SOLE
ANOORAQ RESOURCES CORP COMMON 03633E108 16 16200 SH SOLE SOLE
AON CORP COMMON 037389103 2896 64403 SH SOLE SOLE
APPLIED BIOSYSTEMS INC COMMON 038149100 1169 34118 SH SOLE SOLE
APRIA HEALTHCARE GROUP INC COMMON 037933108 916 50195 SH SOLE SOLE
ASIAINFO HOLDGS INC COMMON 04518A104 473 51554 SH SOLE SOLE
ASSISTED LIVING CONCEPTS COMMON 04544X102 69 10800 SH SOLE SOLE
ASYST TECHNOLOGIES INC COMMON 04648X107 24 10000 SH SOLE SOLE
AT&T INC COMMON 00206R102 3211 115000 SH SOLE SOLE
ATA INC ADR COMMON 00211V106 114 12500 SH SOLE SOLE
ATLAS ACQUISITION HOLDINGS COMMON 049162100 2922 325000 SH SOLE SOLE
AVNET INC COMMON 053807103 1118 45400 SH SOLE SOLE
AVX CORP NEW COMMON 002444107 102 10034 SH SOLE SOLE
AXCELIS TECHNOLOGIES INC COMMON 054540109 26 15000 SH SOLE SOLE
AXIS CAPITAL HOLDINGS LTD COMMON G0692U109 479 15090 SH SOLE SOLE
BANK OF AMERICA COMMON 060505104 350 10000 SH SOLE SOLE
BANK OF AMERICA COMMON 060505104 525 15000 SH PUT SOLE SOLE
BARR LABORATORIES INC COMMON 068306109 3629 55577 SH SOLE SOLE
BELO CORPORATIONS COMMON 080555105 112 18783 SH SOLE SOLE
BERKSHINE HATHWAY INC COMMON 084670207 637 145 SH SOLE SOLE
BIOMARINE INC COMMON 09061G101 419 15823 SH SOLE SOLE
BJ WHOLESALE CLUB INC COMMON 05548J106 566 14564 SH SOLE SOLE
BLACKROCK FLOATING RATE INCOME COMMON 09255X100 317 28800 SH SOLE SOLE
BLACKROCK FLOATING RATE INCOME COMMON 09255Y108 471 42000 SH SOLE SOLE
BLACKROCK HIGH INCOME SHARES COMMON 09250E107 795 526475 SH SOLE SOLE
BLOCKBUSTER CLASS B COMMON 093679207 165 126200 SH SOLE SOLE
BLOCKBUSTER INV COMMON 093679108 431 210000 SH CALL SOLE SOLE
BPW ACQUISITION CORP COMMON 055637102 2047 227950 SH SOLE SOLE
BROADPOINT SECURITIES GROUP COMMON 11133V108 160 55000 SH SOLE SOLE
BRUKER CORP COMMON 116794108 408 30591 SH SOLE SOLE
BURGER KING HOLDINGS INC COMMON 121208201 410 16691 SH SOLE SOLE
CALAMP CORP COMMON 128126109 16 12262 SH SOLE SOLE
CALLON PETROLEUM CO COMMON 13123X102 439 24358 SH SOLE SOLE
CAMERON INTERNATIONAL CORP COMMON 13342B105 465 12057 SH SOLE SOLE
CARIBOU COFFEE CO INC COMMON 142042209 22 10000 SH SOLE SOLE
CASTLEPOINT HOLDINGS LTD COMMON G19522112 1652 148465 SH SOLE SOLE
CBEYOND INC COMMON 149847105 482 33519 SH SOLE SOLE
CELESTICA INC COMMON 15101Q108 102 15781 SH SOLE SOLE
CENTENE CORP COMMON 15135B101 404 19674 SH SOLE SOLE
CENTURYTEL INC COMMON 156700106 283 7735 SH SOLE SOLE
CENVEO INC COMMON 15670S105 104 13510 SH SOLE SOLE
CHART INDUSTRIES INC COMMON 16115Q308 476 16658 SH SOLE SOLE
CHEMTURA CORP COMMON 163893100 94 20618 SH SOLE SOLE
CHICAGO BRIDGE & IRON NY SHR COMMON 167250109 462 24022 SH SOLE SOLE
CHINA HOLDING ACQUISITION COMMON 16942N106 214 23700 SH SOLE SOLE
CHINA MEDICAL TECH SPON ADR COMMON 169483104 413 12681 SH SOLE SOLE
CHINA SECURITY & SURVEILLANCE COMMON 16942J105 147 10612 SH SOLE SOLE
CHURCHILL VENTURES LTD COMMON 17157P109 323 41350 SH SOLE SOLE
CHURCHILL VENTURES LTD COMMON 17157P117 3 25000 SH SOLE SOLE
CIRCUIT CITY STORES INC COMMON 172737108 23 30000 SH CALL SOLE SOLE
CITRIX SYSTEMS INC COMMON 177376100 214 8456 SH SOLE SOLE
COINSTAR INC COMMON 19259P300 773 24166 SH SOLE SOLE
COLUMBUS ACQUISITION CORP COM COMMON 198851107 160 21000 SH SOLE SOLE
COMM SCOPE INC COMMON 203372107 563 16246 SH SOLE SOLE
COMMUNITY HEALTH SYSTEMS COMMON 203668108 1957 66786 SH SOLE SOLE
COMMVAULT SYSTEMS INC COMMON 204166102 135 11162 SH SOLE SOLE
COMPUTER SCIENCES CORP COMMON 205363104 1608 40000 SH CALL SOLE SOLE
CONSECO INC COMMON 208464883 43 12078 SH SOLE SOLE
CONSOLIDATED COMMUNICATION INC COMMON 209034107 377 25000 SH SOLE SOLE
CONSTELLATION ENERGY GROUP COMMON 210371100 316 12998 SH SOLE SOLE
CORN PRODUCTS INTERNATIONAL COMMON 219023108 968 30000 SH SOLE SOLE
CORRECTIONS CORP OF AMERICA COMMON 22025Y407 374 15053 SH SOLE SOLE
COVENTRY HEALTH CARE INC COMMON 222862104 326 10008 SH SOLE SOLE
CPI CORP COMMON 125902106 353 32859 SH SOLE SOLE
CREDIT SUISSE HIGH YIELD BD FD COMMON 22544F103 83 37300 SH SOLE SOLE
CREE RESEARCH INC COMMON 225447101 159 7000 SH PUT SOLE SOLE
CRM HOLDINGS LTD COMMON G2554P103 245 90735 SH SOLE SOLE
CSAM INCOME FUND INC COMMON 224916106 444 158500 SH SOLE SOLE
CTRIP COM INTERNATIONAL ADR COMMON 22943F100 461 11950 SH SOLE SOLE
CVS CAREMARK CORP COMMON 126650100 256 7600 SH SOLE SOLE
DANA HOLDING CORP COMMON 235825205 173 35811 SH SOLE SOLE
DATASCOPE CORP COMMON 238113104 929 18000 SH SOLE SOLE
DELL INC COMMON 24702R101 991 60124 SH SOLE SOLE
DG FASTCHANNEL INC COMMON 23326R109 623 28400 SH SOLE SOLE
DIEBOLD INC COMMON 253651103 497 15000 SH SOLE SOLE
DIGITAL RIVER INC COMMON 25388B104 483 14900 SH SOLE SOLE
DIVX INC COMMUNICATIONS COMMON 255413106 91 14001 SH SOLE SOLE
DRS TECHNOLOGIES INC COMMON 23330X100 2763 36000 SH SOLE SOLE
DTS INC COMMON 23335C101 275 9887 SH SOLE SOLE
E HOUSE CHINA HOLDINGS LTD COMMON 26852W103 223 31100 SH CALL SOLE SOLE
EASTMAN CHEMICAL CO COMMON 277432100 1693 30752 SH SOLE SOLE
EATON CORP COMMON 278058102 501 8910 SH SOLE SOLE
EATON VANCE SENIOR INCOME TR COMMON 27826S103 1218 248665 SH SOLE SOLE
EATON VANCE SR FLTG RATE FND COMMON 27828Q105 653 59900 SH SOLE SOLE
ELECTRO OPTICAL SCIENCES INC COMMON 285192100 110 21000 SH SOLE SOLE
ELECTRONIC ARTS INC COMMON 285512109 556 15032 SH SOLE SOLE
ELONG CORPORATION COMMON 290138205 522 74936 SH SOLE SOLE
EMBARQ CORP COMMON 29078E105 221 5439 SH SOLE SOLE
EMCOR GROUP INC COMMON 29084Q100 1579 60000 SH SOLE SOLE
EMERGENCY MEDICAL SERVICES A COMMON 29100P102 407 13609 SH SOLE SOLE
ENERGY INFRASTRUCTURE ACQUI COMMON 29269P109 1015 100100 SH SOLE SOLE
ENERSYS COMMON 29275Y102 444 22506 SH SOLE SOLE
ENSTAR GROUP LTD COMMON G3075P101 1075 11037 SH SOLE SOLE
EVERGREEN INC ADVANTAGE FUND COMMON 30023Y105 309 41500 SH SOLE SOLE
EXIDE TECHNOLOGIES COMMON 302051206 412 55773 SH SOLE SOLE
EXPEDITORS INTL WASH INC COMMON 302130109 602 17277 SH SOLE SOLE
EXXON MOBIL CORP COMMON 30231G102 233 3000 SH SOLE SOLE
FIBERNET TELECOM GROUP INC COMMON 315653402 481 53400 SH SOLE SOLE
FIDELITY NATIONAL INFORMATION COMMON 31620M106 403 21838 SH SOLE SOLE
FIRST TRUST FOUR CRNS SR F 2 COMMON 33733U108 1238 118500 SH SOLE SOLE
FLEXTRONICS INTL LTD COMMON Y2573F102 81 11398 SH SOLE SOLE
FORDING CANADIAN COAL TRUST COMMON 345425102 1710 20600 SH SOLE SOLE
FORTRESS INTERNATIONAL GROUP COMMON 34958D102 45 32356 SH SOLE SOLE
FORTRESS INTERNATIONAL GROUP COMMON 34958D110 4 194000 SH SOLE SOLE
FOSTER WHEELER LTD COMMON G36535139 2409 66712 SH SOLE SOLE
FOUNDRY NETWORKS INC COMMON 35063R100 1821 100000 SH SOLE SOLE
FREEPORT MCMORAN COPPER & GOLD COMMON 35671D782 323 3800 SH SOLE SOLE
FRONTIER COMMUNICATIONS CORP COMMON 35906A108 241 20945 SH SOLE SOLE
GABELLI GLOBAL DEAL FUND COMMON 36245G103 356 25400 SH SOLE SOLE
GAMESTOP CORP COMMON 36467W109 672 19655 SH SOLE SOLE
GENENTECH INC COMMON 368710406 521 5875 SH SOLE SOLE
GENERAL ELECTRIC CO COMMON 369604103 468 18348 SH SOLE SOLE
GENERAL ELECTRIC CO COMMON 369604103 383 15000 SH CALL SOLE SOLE
GENPACT LTD COMMON G3922B107 122 11700 SH SOLE SOLE
GENWORTH FINANCIAL INC CL A COMMON 37247D106 665 77247 SH SOLE SOLE
GEO GROUP INC THE COMMON 36159R103 228 11280 SH SOLE SOLE
GHL ACQUISITION CORP COMMON 36172H108 460 50000 SH SOLE SOLE
GHL ACQUISITION CORP COMMON 36172H116 32 50000 SH SOLE SOLE
GIGAMEDIA LIMITED COMMON Y2711Y104 268 36400 SH SOLE SOLE
GLOBAL CROSSING LTD COMMON G3921A175 152 10000 SH SOLE SOLE
GLOBE COMM SYSTEMS INC COMMON 37956X103 142 16209 SH SOLE SOLE
GOLD STAR RESOURCES LTD COMMON 38119T104 32 20999 SH SOLE SOLE
GOLDMAN SACHS GROUP INC COMMON 38141G104 1856 14500 SH CALL SOLE SOLE
GOOGLE COMMON 38259P508 681 1700 SH SOLE SOLE
GREENFIELD ONLINE COMMON 395150105 1565 89915 SH SOLE SOLE
GREY WOLF NC COMMON 397888108 3819 490846 SH SOLE SOLE
H & R BLOCK INC COMMON 093671105 207 9102 SH SOLE SOLE
HANOVER INSURANCE CO COMMON 410867105 1580 34700 SH SOLE SOLE
HARRIS CORPORATION COMMON 413875105 646 13985 SH SOLE SOLE
HARTFORD FINL SERVICE GROUP COMMON 416515104 246 6000 SH SOLE SOLE
HCC INSURANCE HOLDINGS INC COMMON 404132102 2020 74800 SH SOLE SOLE
HEALTHEXTRAS COMMON 422211102 564 21577 SH SOLE SOLE
HECLA MINING CO COMMON 422704106 53 11287 SH SOLE SOLE
HERCULES INC COMMON 427056106 2186 110438 SH SOLE SOLE
HEWLETT PACKARD CO COMMON 428236103 526 11370 SH SOLE SOLE
HICKS ACQUISTION CO 1 INC COMMON 429086309 4489 501600 SH SOLE SOLE
HICKS ACQUISTIONS COMMON 429086127 51 170300 SH SOLE SOLE
HIGHLAND CREDIT STRATEGIES FD COMMON 43005Q107 980 102500 SH SOLE SOLE
HLTH CORP COMMON 40422Y101 405 35395 SH SOLE SOLE
HOLLYWOOD MEDIA CORP COMMON 436233100 388 172471 SH SOLE SOLE
HOME DEPOT INC COMMON 437076102 65 2500 SH PUT SOLE SOLE
HORACE MANN EDU CORP COMMON 440327104 642 49895 SH SOLE SOLE
HQ SUSTAINABLE MARITIME INDU COMMON 40426A208 104 20600 SH SOLE SOLE
HRPT PROPERTIES COMMON 40426W101 135 19580 SH SOLE SOLE
HUGHES COMMUNICATIONS INC COMMON 444398101 451 12287 SH SOLE SOLE
HUNTINGTON BANCSHARES COMMON 446150104 43 5400 SH PUT SOLE SOLE
HUNTSMAN CORP COMMON 447011107 126 10000 SH SOLE SOLE
HUTCHINSON TECHNOLOGY COMMON 448407106 141 12141 SH SOLE SOLE
IKON OFFICE SOLUTIONS INC COMMON 451713101 523 30738 SH SOLE SOLE
IMCLONE SYSTEMS COMMON 45245W109 1079 17281 SH SOLE SOLE
INCYTE GENOMICS INC COMMON 45337C102 80 10505 SH SOLE SOLE
INDIA GLOBALIZATION CAPITOL IN COMMON 45408X118 6 10000 SH SOLE SOLE
ING PRIME RATE TRUST COMMON 44977W106 2077 478665 SH SOLE SOLE
INSITE VISION INC COMMON 457660108 24 50000 SH SOLE SOLE
INTERFACE INC CL A COMMON 458665106 376 33085 SH SOLE SOLE
INTERNATIONAL BUSINESS MACHS COMMON 459200101 1777 15194 SH SOLE SOLE
INTERNATIONAL RECTIFIER CORP COMMON 460254105 197 10333 SH SOLE SOLE
INTUITIVE SURGICAL INC COMMON 46120E602 321 1330 SH SOLE SOLE
ISHARES RUSSELL 2000 IDX COMMON 464287655 12172 179000 SH PUT SOLE SOLE
ITURAN LOCATION AND CONTROL COMMON M6158M104 265 24600 SH SOLE SOLE
IXIA COMMON 45071R109 102 13855 SH SOLE SOLE
I2 TECHNOLOGIES INC COMMON 465754208 728 54000 SH SOLE SOLE
J.P. MORGAN CHASE & CO COMMON 46625H100 1868 40000 SH CALL SOLE SOLE
JA SOLAR HOLDINGS CO LTD COMMON 466090107 146 13799 SH SOLE SOLE
JDSU UNIPHASE CORP COMMON 46612J507 376 44393 SH SOLE SOLE
JINPAN INTERNATIONAL LTD COMMON G5138L100 282 11960 SH SOLE SOLE
JOS A BANK CLOTHIERS INC COMMON 480838101 756 22500 SH CALL SOLE SOLE
K-TRON INTERNATIONAL INC COMMON 482730108 233 1806 SH SOLE SOLE
KAPSTONE PAPER & PACKAGIN CORP COMMON 48562P111 71 40454 SH SOLE SOLE
KAPSTONE PAPER & PACKAGING COR COMMON 48562P103 90 14096 SH SOLE SOLE
KEMET CORP COMMON 488360108 175 168000 SH SOLE SOLE
KEYCORP NEW COMMON 493267108 236 19800 SH PUT SOLE SOLE
KNOLOGY INC COMMON 499183804 1446 179200 SH SOLE SOLE
KNOT INC COMMON 499184109 647 77446 SH SOLE SOLE
KOPPERS HOLDINGS INC COMMON 50060P106 311 8300 SH SOLE SOLE
L B FOSTER COMPANY COMMON 350060109 271 8925 SH SOLE SOLE
LAYNE CHRISTENSEN CO COMMON 521050104 476 13430 SH SOLE SOLE
LAZARD LTD CL A COMMON G54050102 496 11601 SH SOLE SOLE
LEAPFROG ENTERPRISES INC COMMON 52186N106 190 18000 SH PUT SOLE SOLE
LEE ENTERPRISES COMMON 523768109 224 63900 SH PUT SOLE SOLE
LEHMAN BROS HOLDING INC COMMON 524908JE9 20000 SH CALL SOLE SOLE
LIBERTY ACQUISITION HLDGS CORP COMMON 53015Y107 4316 496100 SH SOLE SOLE
LIFE TIME FITNESS INC COMMON 53217R207 938 30000 SH PUT SOLE SOLE
LMI AEROSPACE INC COMMON 502079106 346 17218 SH SOLE SOLE
LO-JACK CORPORATION COMMON 539451104 74 11000 SH SOLE SOLE
LYDALL INC COMMON 550819106 432 44878 SH SOLE SOLE
MARTHA STEWART LIVING CL A COMMON 573083102 204 24000 SH PUT SOLE SOLE
MCDONALDS CORP COMMON 580135101 309 5000 SH PUT SOLE SOLE
MCGRAW-HILL COMPANIES INC COMMON 580645109 284 9000 SH SOLE SOLE
MEDAREX INC COMMON 583916101 385 59500 SH SOLE SOLE
MELLANOX TECHNOLOGIES LTD COMMON M51363113 175 16899 SH SOLE SOLE
MEMC ELECTRONIC MATERIALS COMMON 552715104 563 19920 SH SOLE SOLE
MGIC INVESTMENT CORP COMMON 552848103 487 69326 SH SOLE SOLE
MGIC INVESTMENT CORP COMMON 552848103 225 32000 SH CALL SOLE SOLE
MICROCHIP TECHNOLOGY INC COMMON 595017104 286 9706 SH SOLE SOLE
MID AMERICA APARTMENT COMM COMMON 59522J103 226 4602 SH SOLE SOLE
MOLEX INC-CL A COMMON 608554200 1612 77483 SH SOLE SOLE
MOLINA HEALTHCARE INC COMMON 60855R100 31 1000 SH PUT SOLE SOLE
MORGANS HOTEL GROUP CO COMMON 61748W108 406 37230 SH SOLE SOLE
MPS GROUP INC COMMON 553409103 104 10304 SH SOLE SOLE
MSC SOFTWARE CORP COMMON 553531104 279 26074 SH SOLE SOLE
NALCO HOLDING CO COMMON 62985Q101 419 22616 SH SOLE SOLE
NAM TAI ELECTRONICS INC COMMON 629865205 371 45430 SH SOLE SOLE
NATIONAL SEMICONDUCTOR CORP COMMON 637640103 723 42000 SH SOLE SOLE
NATURAL GAS SERVICES GRP COMMON 63886Q109 365 20910 SH SOLE SOLE
NAVISITE INC COMMON 63935M208 80 40000 SH SOLE SOLE
NCR CORP COMMON 62886E108 451 20449 SH SOLE SOLE
NDS GROUP PLC COMMON 628891103 559 10000 SH SOLE SOLE
NETFLIX INC COMMON 64110L106 309 10000 SH PUT SOLE SOLE
NEW AMER HIGH INCOME FUND COMMON 641876107 2366 2057000 SH SOLE SOLE
NIGHTHAWK RADIOLOGY HOLDINGS COMMON 65411N105 128 17696 SH SOLE SOLE
NII HOLDINGS INC COMMON 62913F201 893 23558 SH SOLE SOLE
NORTH AMER PALLADIUM LTD COMMON 656912102 21 10000 SH SOLE SOLE
NORTHWEST AIRLINES COMMON 667280408 2557 283200 SH SOLE SOLE
NTR ACQUISITION CO COMMON 629415100 3687 382087 SH SOLE SOLE
NUTRI SYSTEMS INC COMMON 67069D108 179 10100 SH CALL SOLE SOLE
NUVEEN FLOATING RATE INCOME COMMON 67072T108 792 103200 SH SOLE SOLE
NUVEEN FLOATING RT INC OPP COMMON 6706EN100 1502 198900 SH SOLE SOLE
NUVEEN SENIOR INCOME FUND COMMON 67067Y104 592 124600 SH SOLE SOLE
OCEANAUT INC COMMON 675227102 512 78225 SH SOLE SOLE
ON SEMICONDUCTOR CORP COMMON 682189105 417 61653 SH SOLE SOLE
ORBCOMM INC COMMON 68555P100 220 44600 SH SOLE SOLE
ORMAT TECHNOLOGIES INC COMMON 686688102 336 9238 SH SOLE SOLE
ORTHOFIX INTERNATIONAL NV COMMON N6748L102 247 13263 SH SOLE SOLE
OVERTURE ACQUISITION CORP-COMM COMMON G6830P100 694 76600 SH SOLE SOLE
OWENS ILLINOIS INC COMMON 690768403 557 18950 SH SOLE SOLE
PARAGON SHIPPING INC CLASS A COMMON 69913R309 86 10100 SH SOLE SOLE
PARTNERRE LTD COMMON G6852T105 470 6900 SH SOLE SOLE
PATNI COMPUTER SYSTEMS ADR COMMON 703248203 275 35505 SH SOLE SOLE
PEOPLESUPPORT INC COMMON 712714302 351 30000 SH SOLE SOLE
PFIZER INC COMMON 717081103 637 34525 SH SOLE SOLE
PHARMANET DEVELOPMENT GROUP IN COMMON 717148100 322 44609 SH SOLE SOLE
PHOTON SOURCES INC COMMON 719364101 307 20000 SH SOLE SOLE
PIONEER DRILLING COMPANY COMMON 723655106 436 32777 SH SOLE SOLE
PIONEER FLOATING RATE TRUST COMMON 72369J102 319 31821 SH SOLE SOLE
PLANTRONIES INC COMMON 727493108 276 12267 SH SOLE SOLE
PLEXUS CORP COMMON 729132100 447 21590 SH SOLE SOLE
POLYCOM INC COMMON 73172K104 428 18484 SH SOLE SOLE
POTASH CORP OF SASKATCHEWAN COMMON 73755L107 792 6000 SH CALL SOLE SOLE
POTASH CORP OF SASKATCHEWAN COMMON 73755L107 792 6000 SH PUT SOLE SOLE
POWERSHARES DB COMMODITY INDEX COMMON 73935S105 678 20000 SH PUT SOLE SOLE
POWERSHARES QQQ TRUST COMMON 73935A104 3584 92116 SH SOLE SOLE
PRECISION CASTPARTS CORP COMMON 740189105 273 3471 SH SOLE SOLE
PRG SCHULTZ INTERNATIONAL COMMON 69357C503 113 12561 SH SOLE SOLE
PRICESMART INC COMMON 741511109 418 24957 SH SOLE SOLE
PROS HOLDINGS INC COMMON 74346Y103 470 50000 SH SOLE SOLE
PROSHARE ULTRASHORT S&P 500 COMMON 74347R883 1701 24198 SH SOLE SOLE
PROSHARES ULTRASHORT BASIC MAT COMMON 74347R651 367 6893 SH SOLE SOLE
PROSHARES ULTRASHORT FINANCIAL COMMON 74347R628 771 7638 SH SOLE SOLE
PROSHARES ULTRASHORT MIDCAP400 COMMON 74347R859 930 14109 SH SOLE SOLE
PROSHARES ULTRASHORT QQQ COMMON 74347R875 204 3725 SH SOLE SOLE
PROSHARES ULTRASHORT RUSSELL20 COMMON 74347R834 1413 19653 SH SOLE SOLE
PROSPECT ACQUISTION CORP COMMON 74347T103 2195 241250 SH SOLE SOLE
PRSTIGE BRANDS HOLDINGS INC COMMON 74112D101 105 11800 SH SOLE SOLE
PUGET ENERGY INC COMMON 745310102 679 25417 SH SOLE SOLE
QUALCOMM INC COMMON 747525103 264 6139 SH SOLE SOLE
QUICKSILVER INC COMMON 74838C106 100 17381 SH SOLE SOLE
RADIO ONE INC COMMON 75040P405 260 347099 SH SOLE SOLE
RADISYS CORPORATION COMMON 750459109 232 26974 SH SOLE SOLE
RAYMOND JAMES FIN COMMON 754730109 278 8420 SH SOLE SOLE
RCN CORPORATION COMMON 749361200 368 30000 SH SOLE SOLE
REGIONS FINANCIAL CORP COMMON 7591EP100 96 10000 SH PUT SOLE SOLE
REINSURANCE GROUP OF AMERICA COMMON 759351505 3199 67465 SH SOLE SOLE
REX STOES CORP COMMON 761624105 382 33100 SH SOLE SOLE
RF MICRO DEVICES INC COMMON 749941100 142 48634 SH SOLE SOLE
RIO TINTO PLC SPON ADR COMMON 767204100 801 3210 SH SOLE SOLE
ROBBINS & MYERS INC COMMON 770196103 412 13335 SH SOLE SOLE
ROHM & HAAS CO COMMON 775371107 3110 44425 SH SOLE SOLE
ROSETTA RESOURCES INC COMMON 777779307 366 19948 SH SOLE SOLE
ROYAL CARIBBEAN CRUISES LTD COMMON V7780T103 714 34400 SH SOLE SOLE
SADIA SA ADR COMMON 786326108 438 46740 SH SOLE SOLE
SALESFORCE COM INC COMMON 79466L302 417 8614 SH SOLE SOLE
SAPPHIRE INDUSTRIALS CORP COMMON 80306T109 4180 465000 SH SOLE SOLE
SATYAM COMPUTER SERVICES ADR COMMON 804098101 311 19233 SH SOLE SOLE
SBA COMMUNICATIONS CORP COMMON 78388J106 917 35447 SH SOLE SOLE
SCHLUMBERGER LTD COMMON 806857108 2538 32500 SH PUT SOLE SOLE
SCIENTIFIC GAMES CORP A COMMON 80874P109 230 10000 SH CALL SOLE SOLE
SEABRIGHT INSURANCE HOLDINGS COMMON 811656107 524 40286 SH SOLE SOLE
SEAGATE TECHNOLOGY COMMON G7945J104 124 10217 SH SOLE SOLE
SEANERGY MARITIME COM COMMON Y73760111 35 40000 SH SOLE SOLE
SELECT SECTOR SPDR FINANCIAL COMMON 81369Y605 271 13603 SH SOLE SOLE
SELECT SECTOR SPDR FINANCIAL COMMON 81369Y605 1492 75000 SH CALL SOLE SOLE
SELECTICA COMMON 816288104 47 46800 SH SOLE SOLE
SEMICONDUCTOR HOLDRS TRUST COMMON 816636203 420 17000 SH SOLE SOLE
SHUTTERFLY INC COMMON 82568P304 231 24000 SH SOLE SOLE
SI INTERNATIONAL INC COMMON 78427V102 601 20000 SH SOLE SOLE
SKECHERS USA INC CL A COMMON 830566105 1570 93279 SH SOLE SOLE
SPDR GOLD TRUST COMMON 78463V107 255 3000 SH SOLE SOLE
SPDR KBW REGIONAL BANKING ETF COMMON 78464A698 675 19000 SH PUT SOLE SOLE
SPECIALTY UNDERWRITERS ALLI COMMON 84751T309 255 51671 SH SOLE SOLE
SPORTS PROPERTIES ACQUISTION COMMON 84920F107 3369 378500 SH SOLE SOLE
STAR BULK CARRIERS CORP COMMON Y8162K105 400 57081 SH SOLE SOLE
STEEL DYNAMICS INC COMMON 858119100 1197 70070 SH SOLE SOLE
STEWART ENTERPRISES INC COMMON 860370105 166 21144 SH SOLE SOLE
SYNNEX CORP COMMON 87162W100 877 39263 SH SOLE SOLE
SYNOVIS LIFE TECHNOLOIES INC COMMON 87162G105 398 21170 SH SOLE SOLE
TAKE TWO INTERACTIVE SOFTWARE COMMON 874054109 349 21282 SH SOLE SOLE
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