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WATCH LIST UPDATE - FEBRUARY EXPIRATION

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WATCH LIST - UPDATE FEBRUARY 15, 2006

XLE - Energy issues remain under pressure as XLE index closes once again on the down side at $51.46. Will watch this issue closely for the next 2 days. Looking for any stabilizing in oil and energy prices to hold above $51



WATCH LIST ISSUES as of FEBRUARY 15, 2006

XLE - ONLY

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