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WATCH LIST - 8-17-06

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DATE: August 17, 2006

WATCH LIST

THE MONTHLY CASH MACHINE

STOCK

PRICE

ON WATCH LIST IF:

WATCH LIST PRICE

KBH

43.98

BELOW>

41.50

LM

91.12

ABOVE >

102.00

IFIN

46.44

ABOVE>

43.50

ASEI

46.67

ABOVE >

53.00

SRZ

27.79

ABOVE >

28.00

GPRO

49.51

BELOW >

52.00

MON

47.22

ABOVE >

44.00

MON

47.22

BELOW >

41.00

^SML

368.02

ABOVE>

370.00

ADBE

34.01

ABOVE>

28.50

ADOBE now $4.01 in the money for anyone still holding the position, put you will get $1.50 for your long ADBE AUGUST 32.5 CALL. So your NET loss would be $2.50

WATCH LIST COMMENTARY:

SOXX was just to strong and too quick. We had to blow out of the SOXX for $4.25 NET DEBIT for a NET LOSS of $3.75

IFIN, MON and GPRO will have to be closed out tomorrow for big losses unless we get a drastic trend reversal tomorrow.

WATCH LIST : CHANGES

IFIN - jumps over $46.44 and looks like a close out tomorrow for a NET LOSS unless the stock closes under $45.00 tomorrow. It is currently $1.44 in the money against us.

GPRO - closes at $49.51 and might have a chance tomorrow to close above $50, if not we will have to close out the GPRO for a small loss.

MON - closes up at $47.22 and is $2.22 in the money. Because of the 2 for 1 split we have to close out 20 contracts tomorrow. Unfortunately, we will take a big hit here.

SUBCRIBERS WILL NEED TO CLOSE OUT ANY or ALL OF THE FOREMENTIONED POSITIONS TOMORROW BEFORE THE CLOSE IF ANY or ALL CLOSE ABOVE THE SHORT STRIKE PRICES

CURRENT ISSUES ON THE WATCH LIST and ISSUES TO WATCH 8-17-06

GPRO

MON

IFIN

@@ THERE ARE SEVERAL ALTERNATIVES TO JUST CLOSING OUT THESE POSITIONS FOR A LOSS. WE CAN ROLL OUT THE POSITIONS and DELAY THE LOSS AND HOPE FOR A TREND REVERSAL. THEY WILL BE EXPLAINED IN THE NEX BLOG TONIGHT

The issues with alternatives that we will look at are

MON and IFIN

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