The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Abbott Laboratories COMMON 002824100 8,118 135,479 SH   SOLE   121,324 0 14,155
Aetna COMMON 00817y108 12,934 76,530 SH   SOLE   66,878 0 9,652
Alaska Air Group COMMON 011659109 990 15,984 SH   SOLE   14,563 0 1,421
Allianz SE COMMON 018805101 2,215 98,182 SH   SOLE   93,568 0 4,614
Allstate COMMON 020002101 1,339 14,128 SH   SOLE   12,992 0 1,136
Alphabet Class A COMMON 02079k305 368 355 SH   SOLE   355 0 0
Alphabet Class C COMMON 02079k107 391 379 SH   SOLE   379 0 0
Amazon.com COMMON 023135106 457 316 SH   SOLE   316 0 0
American Eagle Outfitters COMMON 02553e106 7,393 370,969 SH   SOLE   331,889 0 39,080
American Railcar COMMON 02916p103 2,094 55,987 SH   SOLE   52,778 0 3,209
Amgen Inc COMMON 031162100 9,699 56,892 SH   SOLE   51,168 0 5,724
Anworth Mortgage Asset Corp COMMON 037347101 1,710 356,249 SH   SOLE   327,432 0 28,817
Apple COMMON 037833100 14,724 87,758 SH   SOLE   79,542 0 8,217
Archer-Daniels-Midland COMMON 039483102 7,583 174,850 SH   SOLE   157,500 0 17,351
AT&T Inc COMMON 00206r102 1,909 53,561 SH   SOLE   50,093 0 3,468
AVX Corp COMMON 002444107 2,148 129,770 SH   SOLE   121,667 0 8,103
AXA SA COMMON 054536107 992 37,357 SH   SOLE   36,352 0 1,005
Axis Capital COMMON g0692u109 5,444 94,558 SH   SOLE   82,414 0 12,143
Baker Hughes a GE Company COMMON 05722g100 1,901 68,457 SH   SOLE   61,639 0 6,818
Bank of America COMMON 060505104 8,075 269,250 SH   SOLE   230,211 0 39,039
Bank of NY Mellon Corp COMMON 064058100 6,376 123,742 SH   SOLE   107,787 0 15,956
Barrick Gold COMMON 067901108 2,172 174,474 SH   SOLE   151,219 0 23,255
BB&T Corporation COMMON 054937107 6,118 117,558 SH   SOLE   105,432 0 12,126
Benchmark Electronics COMMON 08160h101 5,188 173,794 SH   SOLE   152,036 0 21,758
Berkshire Hathaway CL B COMMON 084670702 399 1,999 SH   SOLE   1,999 0 0
BHP Billiton COMMON 088606108 820 18,464 SH   SOLE   17,593 0 871
Biogen Idec COMMON 09062x103 4,796 17,516 SH   SOLE   15,402 0 2,114
Brighthouse Financial COMMON 10922n103 337 6,559 SH   SOLE   5,645 0 914
CA Inc COMMON 12673p105 6,672 196,813 SH   SOLE   176,086 0 20,728
Canadian Imperial Bank of Commerce (CIBC) COMMON 136069101 3,984 45,127 SH   SOLE   40,417 0 4,710
Capital One Financial COMMON 14040h105 7,266 75,832 SH   SOLE   67,928 0 7,904
Cardinal Health COMMON 14149y108 1,403 22,377 SH   SOLE   21,482 0 895
Carnival Corp COMMON 143658300 1,493 22,760 SH   SOLE   22,187 0 573
Caterpillar COMMON 149123101 8,326 56,496 SH   SOLE   50,913 0 5,583
Celanese Corp COMMON 150870103 9,706 96,855 SH   SOLE   84,864 0 11,991
Cisco Systems COMMON 17275r102 12,453 290,342 SH   SOLE   260,509 0 29,833
Cohu COMMON 192576106 2,628 115,214 SH   SOLE   97,805 0 17,409
Comcast Corp CL A COMMON 20030n101 8,456 247,458 SH   SOLE   218,937 0 28,522
Consumer Discret Select Sector SPDR ETF 81369y407 2,191 21,630 SH   SOLE   21,234 0 396
Consumer Staples Select Sector SPDR ETF 81369y308 205 3,893 SH   SOLE   3,631 0 262
Corning COMMON 219350105 10,159 364,390 SH   SOLE   326,638 0 37,752
Cummins Inc COMMON 231021106 6,005 37,045 SH   SOLE   32,203 0 4,843
CVS Health COMMON 126650100 2,691 43,252 SH   SOLE   39,176 0 4,076
Deere & Co. COMMON 244199105 9,238 59,475 SH   SOLE   53,187 0 6,288
Delta Air Lines COMMON 247361702 6,027 109,953 SH   SOLE   97,587 0 12,366
Deutsche Post COMMON 25157y202 1,477 33,804 SH   SOLE   33,138 0 666
Digital Realty Trust COMMON 253868103 7,079 67,174 SH   SOLE   60,437 0 6,737
Direxion Daily Dev Mkts Bull 3X Shrs ETF 25459w789 280 3,600 SH   SOLE   3,600 0 0
Direxion Daily Emrg Mkts Bull 3X Shares ETF 25490k281 311 2,438 SH   SOLE   2,438 0 0
Direxion Daily S&P500 Bull 3X Shares ETF 25459w862 356 8,620 SH   SOLE   8,620 0 0
Direxion Daily Small Cap Bull 3X Shares ETF 25459w847 306 4,540 SH   SOLE   4,540 0 0
DSW Inc COMMON 23334l102 2,202 98,035 SH   SOLE   93,985 0 4,050
Eaton Corp PLC COMMON g29183103 8,864 110,926 SH   SOLE   100,287 0 10,640
Energy Select Sector SPDR ETF 81369y506 10,789 160,058 SH   SOLE   159,059 0 999
Exxon Mobil COMMON 30231g102 4,727 63,357 SH   SOLE   57,964 0 5,393
FedEx Corp COMMON 31428x106 7,387 30,765 SH   SOLE   26,523 0 4,243
Fifth Third Bancorp COMMON 316773100 7,028 221,352 SH   SOLE   192,694 0 28,658
Financials Select Sector SPDR ETF 81369y605 13,390 485,659 SH   SOLE   482,716 0 2,943
First Trust Enhanced Short Maturity ETF 33739q408 388 6,466 SH   SOLE   6,057 0 409
Fluor COMMON 343412102 4,221 73,764 SH   SOLE   64,461 0 9,302
Foot Locker COMMON 344849104 2,099 46,094 SH   SOLE   44,808 0 1,286
General Motors COMMON 37045v100 6,204 170,727 SH   SOLE   151,936 0 18,791
Gilead Sciences COMMON 375558103 5,238 69,480 SH   SOLE   64,096 0 5,384
Global X FTSE Colombia 20 ETF ETF 37950e200 3,521 335,955 SH   SOLE   334,071 0 1,884
Goldman Sachs Group COMMON 38141g104 5,357 21,270 SH   SOLE   19,043 0 2,227
Goodyear Tire COMMON 382550101 6,148 231,303 SH   SOLE   208,633 0 22,670
Halliburton Co. COMMON 406216101 3,920 83,517 SH   SOLE   72,468 0 11,049
HollyFrontier Corp COMMON 436106108 9,405 192,497 SH   SOLE   171,410 0 21,087
Home Depot COMMON 437076102 267 1,500 SH   SOLE   1,500 0 0
Honda Motor COMMON 438128308 1,791 51,561 SH   SOLE   46,676 0 4,885
HSBC Holdings PLC COMMON 404280406 2,384 50,010 SH   SOLE   46,322 0 3,688
ING Groep NV COMMON 456837103 6,398 377,884 SH   SOLE   330,520 0 47,364
Intel COMMON 458140100 13,171 252,893 SH   SOLE   231,148 0 21,745
Int'l Business Machines COMMON 459200101 7,474 48,712 SH   SOLE   43,878 0 4,834
Int'l Paper COMMON 460146103 1,516 28,370 SH   SOLE   27,582 0 788
iShares Barclays 1-3 Year Treasury Bond ETF 464287457 8,440 101,008 SH   SOLE   99,423 0 1,585
iShares Barclays 20 Year Treasury Bond ETF 464287432 220 1,808 SH   SOLE   1,808 0 0
iShares Barclays 3-7 Year Treasury Bond ETF 464288661 5,250 43,521 SH   SOLE   43,521 0 0
iShares Barclays 7-10 Year Treasury ETF 464287440 582 5,643 SH   SOLE   5,643 0 0
iShares Barclays Agency Bond ETF 464288166 315 2,810 SH   SOLE   2,569 0 241
iShares Barclays MBS Bond ETF ETF 464288588 8,336 79,663 SH   SOLE   79,521 0 142
iShares Floating Rate Note ETF 46429b655 3,273 64,269 SH   SOLE   62,390 0 1,879
iShares iBoxx $ Invest Grade Corp Bond ETF 464287242 6,021 51,290 SH   SOLE   51,290 0 0
iShares JPMorgan USD Emerging Markets Bond ETF 464288281 8,763 77,677 SH   SOLE   77,033 0 644
iShares MSCI All Peru Capped Fund ETF 464289842 5,348 125,639 SH   SOLE   123,462 0 2,177
iShares MSCI Australia Fund ETF 464286103 3,505 159,158 SH   SOLE   159,158 0 0
iShares MSCI Austria Fund ETF 464286202 1,799 70,923 SH   SOLE   66,303 0 4,620
iShares MSCI Belgium Capped Fund ETF 464286301 613 28,714 SH   SOLE   24,316 0 4,398
iShares MSCI Brazil Capped Fund ETF 464286400 14,959 333,318 SH   SOLE   329,305 0 4,013
iShares MSCI Chile Capped ETF ETF 464286640 6,355 119,854 SH   SOLE   118,206 0 1,648
iShares MSCI Denmark Capped ETF ETF 46429b523 1,593 23,190 SH   SOLE   22,388 0 802
iShares MSCI France Fund ETF 464286707 2,025 64,485 SH   SOLE   63,656 0 829
iShares MSCI Frontier 100 ETF 464286145 430 12,237 SH   SOLE   12,237 0 0
iShares MSCI Germany Fund ETF 464286806 6,129 191,295 SH   SOLE   188,027 0 3,268
iShares MSCI Hong Kong Fund ETF 464286871 7,521 297,165 SH   SOLE   296,229 0 936
iShares MSCI India Fund ETF 46429b598 5,160 151,193 SH   SOLE   147,270 0 3,923
iShares MSCI Indonesia Fund ETF 46429b309 7,465 276,884 SH   SOLE   272,534 0 4,350
iShares MSCI Italy Capped Fund ETF 46434g830 5,922 184,212 SH   SOLE   182,531 0 1,681
iShares MSCI Japan Fund ETF 46434g822 2,471 40,730 SH   SOLE   39,556 0 1,174
iShares MSCI Malaysia Fund ETF 46434g814 1,538 42,554 SH   SOLE   41,010 0 1,544
iShares MSCI Netherlands Fund ETF 464286814 4,699 146,976 SH   SOLE   144,015 0 2,961
iShares MSCI New Zealand Fund ETF 464289123 4,520 92,624 SH   SOLE   92,115 0 509
iShares MSCI Philippines Fund ETF 46429b408 288 8,251 SH   SOLE   6,981 0 1,270
iShares MSCI Poland Capped Investable Market Fund ETF 46429b606 9,350 372,525 SH   SOLE   367,055 0 5,470
iShares MSCI South Africa Fund ETF 464286780 12,131 176,585 SH   SOLE   174,956 0 1,629
iShares MSCI South Korea Fund ETF 464286772 5,993 79,426 SH   SOLE   76,903 0 2,523
iShares MSCI Spain Capped Fund ETF 464286764 6,095 187,495 SH   SOLE   186,536 0 959
iShares MSCI Switzerland Fund ETF 464286749 6,518 189,645 SH   SOLE   186,977 0 2,668
iShares MSCI Taiwan Fund ETF 46434g772 3,001 78,281 SH   SOLE   75,716 0 2,565
iShares MSCI Thailand Capped ETF ETF 464286624 8,658 86,843 SH   SOLE   85,361 0 1,482
iShares MSCI United Kingdom Fund ETF 46435g334 1,625 46,773 SH   SOLE   46,050 0 723
iShares Russell 2000 Value Fund ETF 464287630 215 1,765 SH   SOLE   1,587 0 178
Jabil Inc. COMMON 466313103 3,429 119,348 SH   SOLE   106,515 0 12,833
Johnson & Johnson COMMON 478160104 7,697 60,066 SH   SOLE   54,818 0 5,248
JP Morgan Chase COMMON 46625h100 12,616 114,724 SH   SOLE   102,779 0 11,944
Juniper Networks COMMON 48203r104 3,806 156,446 SH   SOLE   136,947 0 19,499
Keycorp COMMON 493267108 2,282 116,706 SH   SOLE   101,728 0 14,978
Kimberly Clark COMMON 494368103 4,869 44,213 SH   SOLE   38,622 0 5,590
Kimco Realty Corp COMMON 49446r109 2,397 166,427 SH   SOLE   162,750 0 3,677
Kohl's COMMON 500255104 6,327 96,583 SH   SOLE   85,057 0 11,526
Kroger COMMON 501044101 1,771 73,959 SH   SOLE   72,597 0 1,362
Lowe's Companies COMMON 548661107 4,922 56,089 SH   SOLE   48,158 0 7,931
Manpower Inc COMMON 56418h100 7,409 64,370 SH   SOLE   56,968 0 7,402
Marvell Tech COMMON g5876h105 5,426 258,397 SH   SOLE   234,374 0 24,022
McKesson COMMON 58155q103 3,035 21,543 SH   SOLE   18,677 0 2,866
MDC Holdings COMMON 552676108 7,605 272,373 SH   SOLE   242,859 0 29,514
Medtronic PLC COMMON g5960l103 2,012 25,086 SH   SOLE   23,351 0 1,735
Merck & Co. COMMON 58933y105 2,510 46,083 SH   SOLE   44,695 0 1,388
Metlife COMMON 59156r108 5,083 110,773 SH   SOLE   99,578 0 11,195
Microsoft COMMON 594918104 15,031 164,682 SH   SOLE   148,052 0 16,631
Mosaic COMMON 61945c103 3,666 150,981 SH   SOLE   135,165 0 15,816
National Oilwell COMMON 637071101 5,128 139,308 SH   SOLE   125,344 0 13,964
Netapp Inc COMMON 64110d104 1,248 20,236 SH   SOLE   20,017 0 219
Newmont Mining Corp Holding Co. COMMON 651639106 2,952 75,545 SH   SOLE   71,260 0 4,285
Nike Inc. COMMON 654106103 6,449 97,061 SH   SOLE   86,240 0 10,822
Nippon Telegraph and Telephone COMMON 654624105 4,188 90,864 SH   SOLE   78,909 0 11,956
Norfolk Southern COMMON 655844108 9,126 67,209 SH   SOLE   59,498 0 7,710
Nutrien Ltd COMMON 67077m108 2,133 45,138 SH   SOLE   40,418 0 4,720
Oceaneering Int'l COMMON 675232102 1,200 64,740 SH   SOLE   56,428 0 8,311
Old National Bancorp COMMON 680033107 5,778 341,899 SH   SOLE   303,377 0 38,522
Oracle COMMON 68389x105 7,061 154,332 SH   SOLE   136,526 0 17,806
Pfizer COMMON 717081103 3,231 91,035 SH   SOLE   81,009 0 10,026
Physicians Realty Trust COMMON 71943u104 2,268 145,678 SH   SOLE   136,256 0 9,422
PIMCO 0-5 Year High Yield Corporate Bond Fund ETF 72201r783 480 4,814 SH   SOLE   4,814 0 0
PNC Financial COMMON 693475105 8,145 53,852 SH   SOLE   47,868 0 5,984
PowerShares DB Optimum Yield Commodity ETF 73937v106 1,095 61,609 SH   SOLE   61,609 0 0
Powershares S&P 500 Consumer Discretionary ETF 73937b506 373 6,253 SH   SOLE   6,253 0 0
Prudential COMMON 744320102 8,767 84,667 SH   SOLE   76,288 0 8,379
Qualcomm COMMON 747525103 5,136 92,699 SH   SOLE   83,972 0 8,727
Real Estate Select SPDR ETF 81369y860 2,345 75,449 SH   SOLE   75,449 0 0
Regency Centers COMMON 758849103 3,649 61,876 SH   SOLE   52,698 0 9,178
Royal Caribbean Cruises COMMON v7780t103 9,540 81,026 SH   SOLE   69,989 0 11,037
Royal Dutch Shell PLC Class A COMMON 780259206 3,081 48,286 SH   SOLE   41,936 0 6,351
Sanofi COMMON 80105n105 3,905 97,441 SH   SOLE   85,671 0 11,770
Schlumberger COMMON 806857108 1,168 18,033 SH   SOLE   16,878 0 1,155
Seagate Technology COMMON g7945m107 8,054 137,626 SH   SOLE   122,434 0 15,192
Ship Finance Int'l COMMON g81075106 3,186 222,804 SH   SOLE   204,974 0 17,830
Shire Pharmaceuticals COMMON 82481r106 4,770 31,930 SH   SOLE   28,617 0 3,313
Siemens AG COMMON 826197501 2,095 32,912 SH   SOLE   30,022 0 2,890
Societe Generale COMMON 83364l109 1,039 95,686 SH   SOLE   92,829 0 2,857
SPDR Barclays International Treasury Bond ETF 78464a516 1,582 53,620 SH   SOLE   53,620 0 0
SPDR Barclays Short Term High Yield Bond ETF 78468r408 2,648 96,739 SH   SOLE   93,847 0 2,892
SPDR S&P China ETF 78463x400 8,528 77,045 SH   SOLE   75,695 0 1,350
SPDR S&P Emerging Markets Small Cap ETF 78463x756 7,707 146,832 SH   SOLE   146,364 0 468
SPDR S&P Regional Banking ETF ETF 78464a698 4,258 70,500 SH   SOLE   70,263 0 237
Symantec COMMON 871503108 6,440 249,121 SH   SOLE   226,508 0 22,613
Synchrony Financial COMMON 87165b103 1,640 48,925 SH   SOLE   46,159 0 2,766
Tapestry Inc COMMON 876030107 8,889 168,951 SH   SOLE   151,612 0 17,339
Target COMMON 87612e106 4,828 69,541 SH   SOLE   61,131 0 8,410
Technology Select Sector SPDR ETF 81369y803 4,301 65,744 SH   SOLE   64,720 0 1,024
Total SA COMMON 89151e109 4,008 69,467 SH   SOLE   64,814 0 4,653
Trinity Industries COMMON 896522109 3,835 117,537 SH   SOLE   106,707 0 10,830
Tsakos Energy COMMON g9108l108 1,919 581,401 SH   SOLE   506,590 0 74,811
Tutor Perini Corp COMMON 901109108 3,945 178,930 SH   SOLE   158,748 0 20,182
Tyson Foods COMMON 902494103 5,658 77,303 SH   SOLE   68,662 0 8,641
United Technologies COMMON 913017109 214 1,700 SH   SOLE   1,700 0 0
VanEck Vectors EM Local Curr Bond ETF ETF 92189f494 5,804 296,100 SH   SOLE   290,391 0 5,709
VanEck Vectors Emerging Markets High Yield Bond ETF ETF 92189f353 1,361 56,618 SH   SOLE   52,523 0 4,095
VanEck Vectors Russia ETF ETF 92189f403 6,307 277,350 SH   SOLE   271,646 0 5,704
Vanguard Emerging Markets Government Bond ETF ETF 921946885 301 3,840 SH   SOLE   3,840 0 0
Vanguard Interm-Tm Corp Bond Fund ETF 92206c870 1,395 16,443 SH   SOLE   15,734 0 709
Vanguard Mortgage-Backed Securities ETF ETF 92206c771 905 17,529 SH   SOLE   17,529 0 0
Vanguard Short-Term Bond ETF ETF 921937827 6,144 78,332 SH   SOLE   77,036 0 1,296
Vanguard Short-Term Corp Bond Fund ETF 92206c409 1,184 15,095 SH   SOLE   14,450 0 645
Vanguard Total Bond Market ETF ETF 921937835 3,998 50,013 SH   SOLE   49,276 0 737
Vanguard Total International Bond ETF ETF 92203j407 10,879 198,770 SH   SOLE   198,770 0 0
Verizon Communications COMMON 92343v104 4,061 84,915 SH   SOLE   77,210 0 7,705
Walgreens Boots Alliance COMMON 931427108 2,206 33,698 SH   SOLE   31,273 0 2,425
Walmart Inc COMMON 931142103 7,039 79,112 SH   SOLE   72,737 0 6,376
Walt Disney COMMON 254687106 10,520 104,743 SH   SOLE   93,873 0 10,870
Wells Fargo & Co. COMMON 949746101 5,417 103,351 SH   SOLE   93,954 0 9,397
Whirpool COMMON 963320106 5,791 37,824 SH   SOLE   34,440 0 3,383
Williams Sonoma COMMON 969904101 2,309 43,773 SH   SOLE   39,908 0 3,865
Yamana Gold COMMON 98462y100 2,109 764,245 SH   SOLE   713,406 0 50,840
Zimmer Biomet Holdings COMMON 98956p102 5,145 47,181 SH   SOLE   41,848 0 5,333