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WATCH LIST - UPDATE 4-3-06

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WATCH LIST ACTION as of 4-3-06

CHANGES to WATCH LIST on 4-3-06

ANF and AMZN removed from our WATCH LIST

AMZN
(removed from Watch list) (closing at $36.14 down -$0.39 closed slightly below our WATCH LIST Price of $36.49 and thus has been removed from our WATCH LIST

ANF (removed from list) with close at $56.57 down -$1.73 is now below our WATCH LIST Price of $57.98. Thus ANF is removed from the WATCH LIST..

NFLX - (remains on Watch List) closed at $28.13 down - +$0.86 and of course is still about $0.35 above our WATCH LIST Target of $27.78. So it will remain on our WATCH LIST. We will continue to monitor it and it will remain on our Watch list until it closes below $27.78 or some action is needed with the stock position.


ISSUES REMOVED

AMZN & ANF removed from WATCH LIST



CURRENT APRIL WATCH LIST - as of 4-03-06

NFLX - (remains on WATCH LIST)

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