DATE: August 15, 2006
THE MONTHLY CASH MACHINE
ADOBE now $3.95 in the money for anyone still holding the position
WATCH LIST COMMENTARY:
IFIN & ^SOXX go on the WATCH list
KBH - bounces up to close at $41.84, despite home building slowdown in 28 states. and comes off the WATCH LIST.
WATCH LIST : CHANGES
^SOXX - Big move by the semiconductor's today ( over $15 ) move and puts ^SOXX on the WATCH LIST with 3 days to go.
IFIN - jumps over $1.00 to close at $44.63 and goes on WATCH list and is now only $0.37 away from the strike price.
GPRO - closes up and is only in the money by $0.02, this issue we will have to watch as it is still only under the WATCH list price of $52, but is in the money, even if only by a couple of cents.
MON - trades up to go $0.56 into the money against our short position and will also bare watching as we go down through these last 3 days until Friday expiration..
CURRENT ISSUES ON THE WATCH LIST and ISSUES TO WATCH 8-15-06