DATE: August 14, 2006
THE MONTHLY CASH MACHINE
ADOBE now $2.51 in the money for anyone still holding the position
WATCH LIST COMMENTARY:
GPRO drops under short strike price. Will bare close watching
KBH - continues slide to close at $40.25, continues under our WATCH LIST PRICE of $41.50, but is now only $0.25 from our short put.
GPRO - breaks under $50.00 and our Short position, this is an issue we will have to watch as it is also not only under the WATCH list price of $52, but is in the money
MON - trades up to go $0.17 into the money against our short position and will also bare watching.
CURRENT ISSUES ON THE WATCH LIST and ISSUES TO WATCH 8-14-06