WATCH LIST COMMENTARY:
RYL moves up $1.40 and goes on our WATCH LIST,^SOXX index barely changes, down slightly but still remains on our WATCH LIST
WATCH LIST: ADDS, DELETES and CHANGES
RYL - up over $1.40. Puzzling, everything points to down only a slow down iin housing and housing industry. Maybe the bulls think that dropping housing prices equate to more housing sales. But that is a tough scenario to buy. However, let's watch this one. Volume was a little more active then normal.
^SOXX closes at $433 plus, to drop very slightly ,but still remains deep in out WATCH LIST ZONE, although out of the money, but ^SOXX must remain on the WATCH LIST
CURRENT ISSUES ON THE WATCH LIST - 8-25-06