The March Monthly cash Machine ended up with a $660.00 Loss.

A weakening of SNDK and AKAM in the tech sector led to losses early last week.

In addition a hit this week to our insurance position in PRU unfortunately put the portfolio into negative territory.

The unfortunate events in Japan, coupled with the Spanish debt fear, Libya were the main reason for the adverse performance to three of our five put positions.

The specific portfolio can be seen in the PORTFOLIO SECTION of the Monthly Cash Machine Newsetter.

The APRIL Portfolio and April watch list will be emailed a little later today.

We will have to do a minor adjustment to one of our APRIL postions (COH) in addition to a few new positions we will be adding this weekend.