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WATCH LIST UPDATE - as of 4-5-06

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WATCH LIST ACTION as of 4-5-06

There is no doubt this has been a see saw month for several issues of Monthly Cash Machine. Stocks going on and then off the WATCH LIST almost daily. Yet we still hang in there. The action of this 4-5-06 was no different. Here's is how we sit going into Thursday

REMAINS ON WATCH LIST

AMZN
remains on the WATCH LIST with a close at $37.34 +$0.57 and is set to potentially test our $37.50 short position

ADDED TO WATCH LIST

NFLX also has made another appearance on our (WATCH LIST target of $27.75) with its close of $28.44 and move up of more than $1.35. We have been here before and the resistance has held, lets hope for another failed test to break and close above $29

NEM again with the fear of inflation from the service sector robust number precioous metals and NEM moved up over $1.48 and closed at $53.25 and again violated our WATCH LIST target of $$52.42. Strong resistance has been met at the $54.25 area. We may get tested again on any hint of inflationary jitters

REMOVED FROM WATCH LIST

HHH
(internet holder) closed at $58.18 down - $0.37 and below our WATCH LIST target of $58.31. Interestingly enough even with AMZN's strenght the sector was relatively falt across the board.

CURRENT WATCH LIST as of 4-5-06

AMZN
NFLX
NEM

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