Vol. 13 No. 1 - January 2007

BUY LOW SELL HIGH MAKE MONEY

Copyright 2007 by
JJJ Investing Services

JJJ'S BUY LOW SELL HIGH ADVISOR
HERE ARE THE CUSTOMER'S YACHTS

Welcome to the twelveth year! I can still use more contributors. Thanks to Tom Veale for his insight. This month more info from Tom about the Idiot Wave. Steve Donahue is missing again; when I find him we'll get more stock reviews. I'm always on the lookout for new contributors. If anyone else wants to contribute please let me know. I'll keep encouraging Tom Veale to write for us as they have lots of valuable advice. You'll find their advice very useful.

DEDICATION

I'd like to dedicate this newsletter to my lovely wife and daughter who light up my life. It took a lot of time and effort to do all the research, writing, editing to write the books and now this newsletter.

The newsletter for the Investor, Written by the Investor who cares about the Investor

This is the thirteenth year. I look forward to a bigger and better newsletter for you. JJJ Investing now has a web page: look for it at http://www.jjjinvesting.com - tell your friends, help us grow and do a better job! I hope you have a Prosperous and Happy New Year! Great News - my book is now available!! - You can order an Adobe copy for $19.99 or printed copy for $35.00 by going to: JJJ Investing Order now and receive a free one-year newsletter subscription, free coaching for a month and ask me anything for a whole year!!

This newsletter will help you find the stocks that work best with the system. It will contain articles, model portfolios and stocks/closed-end funds I recommend. I want your input to make this the best!

Sage Advice

A sage bit of advice is contained in a rebuke delivered to no less a personage than William Jeffers, head of the Union Pacific Railway, by one of his employees.

Jeffers was traveling in his official car. At a certain stop, the engineer dismounted from his cab and came into the president's car and asked him a question concerning some details of their immediate route. Being preoccupied with some papers before him, Jeffers absently gave an obviously erroreous reply. Angrily the engineer snorted, "That doesn't make any sense. Don't ever get so busy that you haven't time to think." Whereupon he turned and strode back to the cab.

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PAGE 1 Jeff Weber, 2302 Bluffridge, San Antonio, TX 78232 MORE....

GOOD BUY CANDIDATES
BEST OF ALL WORLDS

Today was a great day in the LEAPS arena, and I had some comments I wanted to share. It's funny how the LEAPS account can drop significantly on down days, and when that happens, I worry and fret because it can drop very quickly with LEAPS., But, I fight off my bad mood and do what the AIM model tells me and pick up bargains. It's still hard to watch your portfolio drop, even though you know you are snapping up cheap LEAPS left and right! But, when days like today occur, and your LEAPS portfolio - with the dozens of cheap LEAPS you've been accumulating on those depressing days - shoots up to a new high with no effort whatsoever, it makes it all worthwhile. Your AIM alarms go off, sending you into a selling frenzy, and you know you are following the correct program, accumulating cash in preparation for the next disappointing drop. Yet, it is these drops that make the money for you...AIM forces you to accumulate cheap LEAPS while you stare at your depressing account balance, then BOOM! A big up day, and those cheap LEAPS shoot you into the stratosphere! (Sent to me by a fellow AIM investor)

CLOSED-END FUNDS
BEST OF ALL WORLDS

I post a nice Closed-End fund newsletter on my web site every month and you should read it - just posted the December 2006 issue - my web site is http://www.jjjinvesting.com Closed-End funds continue to be a great source of profits from a very conservative investment that is professionally managed. Here is this month's fund - Turkish Fund - High - 30.30 Low - 14.40 - Current - 17.63, pays a 8.1% dividend. - Hey, Turkish Fund is up to $19.53 a month later! I give you good advice!

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PAGE 2 Jeff Weber, HQ 21st TSC, Unit 23203 Box 379, APO AE 09263 MORE...

BOOK REVIEW

Options for the Stock Investor

By James B. Bittman

This book is a clear, concise, and practical guide to making option strategies part of your long-term investment program. Based on the author's popular seminars that have instructed and inspired thousands of investors, Options for the Stock Investor will help you learn how to use options safely and effectively, then teach you to integrate options into a long-term investment program. Although misconceptions about options abound, and negative media coverage has caused many conservative investors to close their minds to the invest-oriented uses of options, the fact is that options can be an important and strategic component of a well-balanced portfolio. This book shows you how.

WEB SITE

Options Clearing Corp.

http://www.theocc.com

Options Clearing Corp.has a wealth of info on LEAPs and options investing in general. Go to this site and get educated.

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PAGE 3 - Jeff Weber, 2302 Bluffridge, San Antonio, TX 78232 MORE...

The Best Ones The Philosopher

More Idiot Wave

I thought I'd give Tom a little more room since the Market is a little volatile and Tom always puts it in good prospective.

Week of 12/11/2006

We had a slight wiggle in the Value Line P/E this last week which gave us a small amount of relief. Not enough to reduce Relative Valuation to being Neutral, but at least it's not rising for now. Also, there was a bit of a breather in the 13 Week Treasury Note rate this week. 4.999% was the coupon rate as of last week. This is the first time under 5% since mid October. How does this look?

We still need either interest rates to ease or P/E to drop (or both) to get this measure back to more normal levels.

I've become interested in an idea relative to what is pushing the markets ever higher with such a broad effort. Last week there were 1312 New 52 Week Highs and only 98 New Lows when we add up the NYSE and NASDAQ totals. Could it be the massive number of "Index Funds" that is driving this? Index funds buy stocks because they're part of the "index" not on any selective basis. So, these index funds are buying the "bad" along with the "good." This allows for very little differentiation based upon company performance. The Index Phenomenon is also helping me to understand such a broad move without seeing a spike in Speculation.

I'm going to be reviewing the data for the Speculation component from around 2000 to present and see if there's a difference from historical norms. If measurable I might adjust the bullish and bearish cross-overs to account for the change.

The Divergence component is bullish (but also the most fickle of the components) for now indicating that a large majority of market participants are feeling certain about the market direction being "up." We'll keep our eyes open here and weigh the most fickle component against the least. My concern is that we'll see the opposite of the usual "January Effect" this year. With the best of this economic cycle's earnings growth behind us it might not be very pretty during reporting season in the first quarter of 2007.

<<<<<----------'AIM To Use The i-Wave Defensively'----------<<<<<

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WEB ADDRESS OF IDIOT WAVE

http://www.aim-users.com

JJJ's Advisor is published monthly by
Jeff Weber
Ph # - 210 478-0655
2302 Bluffridge
San Antonio, TX 78232
$ 45/ Year for printed version; $15/YR for HTML version - order from my web site with PayPal!.

Web page:

http://www.jjjinvesting.com

PAGE 4 Jeff Weber, 2302 Bluffridge, San Antonio, TX 78232 MORE....

DISCLAIMER

I hate to have to put stuff like this in but such is the way of the world now. I advise all readers to recognize that they can't assume all recommendations made in the future will be profitable or will equal the model portfolios shown in the newsletter. The information I give you is obtained from reliable sources but I can't guarantee the absolute accuracy of all the info. The model portfolios or some of the stocks/closed-end funds may include some I own a few shares of. That makes sense doesn't it. I should be buying ones I like. I'll certainly let you know if I own one I'm recommending or owned it in the past. JJJ Investing Services is not a registered investment advisor and therefore cannot give individual investment advice. Some dates are Fiscal Year & some are Calendar Year.

ARCHER-DANIELS-MIDLAND - ADM - NYSE

High - 46.71 - Low - 24.05 - Current - 32.72

Archer-Daniels-Midalnd is a major prcessor and merchandiser of agricultural products, including oilseeds, corn and wheat. Revenues are expected to increase between 5%-10% in FY 07, reflecting improved pricing and increased volumes, as worldwide demand continues to grow. Corn processing will benefit from increased demand for ethanol fuel and improved high fructose corn syrup pricing due to more favorable industry capacity levels. Soybean margins are expected to grow due to better industry supply levels and improving capacity utilization. Analysts estimate EPS to grow by 27% in FY 07.

Analysts have positive opinion on ADM. S&P rates it 4-stars = buy. Analysts believe ADM will experience continuing earnings growth through the end of FY 07 due to strong capacity utilization levels in both soybean and processing plants worldwide. ADM is well positioned to benefit from improved biofuel demand and growing demand for ethanol in the U.S. Has LEAPs.

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PAGE 5 Jeff Weber, 2302 Bluffridge, San Antonio, TX 78232 MORE...

STOCKS/FUNDS
I LIKE

OMNIVISION TECH - OVTI - OTC

High - 34.49 - Low - 13.45 - Current - 14.49

OmniVision produces single-chip sensors (CameraChips) for capturing images in digital still cameras, cell phones, security and surveillance cameras, and video game consoles. 91% owned by institutions. $10,000 invested 5 years ago grew to $32,746 according to S&P . Revenue up from $109 M in 2003 to 492 M in 2006. Has LEAPs.

OmniVision Technologies
YEARHIGHLOWREVENUESEPSNET INCOME
0622.4911.74492 M1.5689.1 M
0533.468.96388 M1.2476.4 M
0433.836.33318 M.9858.7 M
039.772.69109 M.3115.3 M

NEOWARE - NWRE- OTC

High - 30.95 - Low - 10.68 - Current - 12.54

Neoware provides software, services and solutions to enable thin client computing, an alternative computing architecture for business customers. $10,000 grew to $27,867 using S&P calculations. Revenues doubled from 2003 to 2006. 84% of shares held by institutions. Has LEAPs

Neoware Inc.
YEARHIGHLOWREVENUESEPSNET INCOME
0630.9510.68107 M.397.1 M
0525.318.1078.8 M.467.44 M
0413.996.0163.2 M.345.39 M
0322.008.4057.5 M.436.31 M

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PAGE 6 Jeff Weber, 2302 Bluffridge, San Antonio, TX 78232 MORE...

IRIS INT'L - IRIS - OTC

High - 25.94 Low - 7.72 - Current - 11.41

Iris makes and markets automated imaging systems for urinalysis testing and centrifuges, small instruments and supplies for the laboratory market. 49% of shares held by institutions. $10,000 invested 5 years ago has grown to $47,542 according to S&P. Profits growing last two years. Has LEAPs.

IRIS Int'l
YEARHIGHLOWREVENUESEPSNET INCOME
0528.008.7162.8 M.356.13 M
049.755.7043.7 M.142.28 M
037.002.3031.3 M- .05- .53 M
024.202.3028.2 M.08 .88 M

HEADWATERS INC - HW - NYSE

High - 40.19 Low - 20.54 Current - 24.08

Headwaters generates revenue from managing coal combustion products and from licensing its chemical technology to produce solid alternative fuel. In Nov 2006, announced creation of Headwaters Heavy Oil with a revoluntionary new technology for refining heavy petroleum feedstocks. Has LEAPs.

Headwaters Inc.
YEARHIGHLOWREVENUESEPSNET INCOME
0640.1920.541,121 M2.19102 M
0545.7526.311,065 M2.79121 M
0434.9619.50554 M1.9564.3 M
0320.8712.86388 M1.3036.6 M

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PAGE 7 Jeff Weber, 2302 Bluffridge, San Antonio, TX 78232 MORE...

AIRTRAN HOLDINGS - AAI - NYSE

High - 18.85 - Low - 9.06 - Current - 12.49

Air Tran is a fast-growing company that provides low-cost airline service primarily in the eastern U.S. Rated a hold by S&P. AAI proposes to acquire Midwest Air group - analysts feel if this deal goes through AAI would create and expanded low-cost airline with improved cost structure and more balanced eatern and midwest presence. Has LEAPS.

AirTran Holdings
YEARHIGHLOWREVENUESEPSNET INCOME
0516.707.401,451 M.026.24 M
0415.569.371,041 M.149.94 M
0320.843.90918 M 1.2195.1 M
027.452.34733 M.155.74 M

CHINA MEDICAL TECH ADS - CMED - NYSE

High - 44.93 Low - 18.30 Current - 24.58

China Med is a medical device company that develops, manufactures and markets products using high intensity focused ultrasound for the treatment of solid cancers and benign tumors in China. 24% of shares held by institutions. New company only listed since 2005. Has very good net income figures for first two years. Has LEAPs.

China Medical Tech ADS
YEARHIGHLOWREVENUESEPSNET INCOME
0642.6014.9546.4 M1.0024.8 M
05NANA218 MNA118 M
04NANANANANA
03NANANANA NA

A few others I like: Advanced Micro (AMD) - has LEAPS, Rambus (RMBS) - has LEAPS, Arch Coal (ACI) has LEAPS, Accreidted Home Lenders (LEND)- has LEAPS, KB Home (KB) - has LEAPS, and Cree (CREE), - has LEAPS.

I have enjoyed writing this newsletter very much. See you next month.

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PAGE 8 Jeff Weber, 2302 Bluffridge, San Antonio, TX 78232 MORE...

JANUARY 2007
GOOD BUY CANDIDATES
NEW YORK STOCK EXCHANGE

STOCK NAMESYMBOLHAS52-WEEK52-WEEKCURRENT
LEAPS?HIGHLOWPRICE
AVX CP - RAVXNO19.9013.0914.63
ADVANCE AUTOAAPNO46.5027.8535.28
ADV MICROAMDYES42.7016.9022.19
AIR TRAN HLDGAAIYES18.859.0612.49
ALPHA NTRL RESANRNO27.4614.4115.56
ARCH COALACIYES56.4625.8533.97
ARCHER DANADMYES46.7124.0532.72
ANNTN RENEW ENGYAVYNO42.5019.2823.01
BALLY TTL FIT - RBFTNO9.921.462.34
BSC ENGY SVCBASNO38.3019.1025.80
BNTLY PHARMBNTNO22.908.789.22
BLD MAT HLDGBLGNO41.9020.0124.73
C&D TCHCHPNO9.553.804.44
CARBO CERMCSCRRNO67.6732.1638.88
CATERPILLARCATYES82.0356.3661.82
CHEMEDCHENO21.506.7810.00
FRDG CNDNFDGNO61.9129.7536.75
CHRSTPHR & BNKSCBKNO31.2515.9718.22
DOVER DWNSDDENO20.609.3313.15
ECC CAP - RECRNO2.74.941.12
FLEETWOOD ENTFLEYES12.606.338.04
FREMONT GENFMTNO24.8112.8516.79

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PAGE 9 Jeff Weber, 2302 Bluffridge, San Antonio, TX 78232 MORE..................................

JANUARY 2007
GOOD BUY CANDIDATES
NEW YORK STOCK EXCHANGE

STOCK NAMESYMBOLHAS52-WEEK52-WEEKCURRENT
LEAPS?HIGHLOWPRICE
GMH CMNTIES TRGCTNO17.1010.7511.87
GA GULFGGCNO34.6519.1619.29
HANDLEMANHDLNO13.486.516.69
HEADWATERSHWYES40.1920.5424.08
HELM PAYNEHPNO40.2421.2626.86
DR HORTONDHIYES41.6619.5227.12
INTRTAP PLYITPNO9.204.014.20
JABIL CIRCUITJBLYES43.7022.0127.30
KB HOMEKBHYES81.9937.8951.73
LAZ BOYLZBNO17.2511.3611.52
LEVITTALEVNO55.8623.7333.57
OMNOVA SOLOMNNO25.509.2212.62
NIS ADSNISNO14.684.305.11
NAM TAINTENO24.4811.2815.53
NELNET ANNINO43.7025.0028.63
PXRE GPPXTNO13.412.904.68
PAR PHARMPRXYES38.7012.8021.60
QUANTUM - RQTMNO4.021.902.30
REDHATRHTYES32.4813.7017.62
RYERSONRYIYES33.2419.6024.50
SIRVAS1RNO9.691.923.28
SPECTRUM BRNDSSPCNO22.426.0010.19

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PAGE 10 Jeff Weber, 2302 Bluffridge, San Antonio, TX 78232 MORE...

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JANUARY 2007
GOOD BUY CANDIDATES
OVER THE COUNTER EXCHANGE

STOCK NAMESYMBOLHAS 52-WEEK52-WEEKCURRENT
LEAPS?HIGHLOWPRICE
ADC TELADCTYES27.9011.8114.89
AMICUS - RAMCSNO5.602.502.95
ASV INCASVINO35.0313.6117.83
ACRDTD HM LNDRLENDYES60.1326.4527.61
ADVANLGC TCHAATINO15.754.905.16
ALDILAALDANO35.6013.5614.89
ASYST TECHASYTYES11.205.556.75
BTU INTBTUINO22.798.929.56
BKRS FOOTWR GPBKRSNO23.039.0210.70
BASIN WATERBWTRNO17.506.286.71
BLUECOAT SYSBCSINO47.0512.8625.81
CA MCRO DVCCAMDNO8.253.474.31
CANDELACLZRNO24.089.9112.83
CHMED TECH ADSCMEDYES44.9318.3024.58
CHINA TCH ADSCNTFNO18.806.589.33
COGENTCOGTNO27.0010.1012.16
CONNSCONNNO44.9917.6123.07
CREECREEYES35.3015.2517.25
DITECHDITCNO11.446.786.94
EGLEAGLNO53.8028.8029.45
EDGE PETEEPEXNO34.6515.0019.92
FLOW INTFLOWYES15.497.0910.50

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PAGE 11 Jeff Weber, 2302 Bluffridge, San Antonio, TX 78232 MORE... .......................................................................................................

JANUARY 2007
GOOD BUY CANDIDATES
OVER THE COUNTER EXCHANGE

STOCK NAMESYMBOLHAS 52-WEEK52-WEEKCURRENT
LEAPS?HIGHLOWPRICE
H&E EQUIP SVCHEESNO42.0520.2524.72
HI TECH PHRML HITKNO32.1312.0012.30
HOUSEVALUESSOLDNO17.515.085.23
IRISIRISYES25.947.7211.41
IMAX CPIMAXNO11.003.324.07
IROBOTIRBTNO37.9016.0918.00
JDS UNIPHSJDSUYES34.4013.9317.51
LTXLTXXNO8.004.305.09
LOJACKLOJNNO26.7914.7516.06
MANNATECHMTEXNO20.2510.9914.17
MARCHEX BMCHXNO26.4012.2013.44
MARVELL TCHMRVLNO36.8415.9120.01
NAPCO SECNSSCNO11.844.956.22
NEOWARENWREYES30.9510.6812.54
NETLGC MICRSYSNETLNO45.0317.5521.40
OMNI VSN TCHOVTIYES34.4913.4514.49
PALM INCPALMNO24.9113.7814.08
PLANAR SYSPLNRNO17.798.089.65
PORTAL PLYRPLAYNO33.198.7613.43
RAMBUSRMBSYES46.9910.2520.03
SAN DISKSNDKYES79.8037.3442.51
SIERA WRLSSWIRNO21.3710.5812.32

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PAGE 12 Jeff Weber, 2302 Bluffridge, San Antonio, TX 78232 MORE... .......................................................................................................

HIGH DIVIDEND STOCKS
JUNE 2005 - DECEMBER 2006

STOCK NAMESTOCKPORTFOLIO% GAIN
PRICETOTAL(LOSS)
BANK OF AMERICA53.3221,63524%
J P MORGAN48.3022,77331%
LYONDELL25.9818,9639%
NY CMTY BANK16.3917,7122%
REGAL20.9717,71716%
USEC13.2212,32714%
AMAZON.COM40.0124,76725%
AMER POWER CONV30.5044,54037%
CITIZEN BANKING26.7817,3300%
EBAY32.9217,8172%
TOTAL215,58116%

The porfolio started with with $186,323 and is NOW at $216,581 - it is up 16%, up 1% this month.

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PAGE 13 Jeff Weber, 2302 Bluffridge, San Antonio, TX 78232 MORE... ..........................................................................................................................................................................................

DOW JONES
SEPTEMBER 1993 - DECEMBER 2006

STOCK NAMESTOCKPORTFOLIO% GAIN
PRICETOTAL(LOSS)
ALTRIA85.2110,032569%
AM EXPRESS61.647,746416%
COCA-COLA48.933,982165%
DISNEY34.306,422328%
GENERAL ELECTRIC37.375,401260%
CITIBANK54.074,13138%
IBM95.3010,098573%
MCDONALDS43.416,720348%
MERCK44.003,192113%
TOTALS57,724285%

Our Dow Jones stocks now up 285%, We're ahead 285% in 13 years, up 8% this month. Nine of 10 went up!!

I have started including dividends! Also now use 0% SAFE to accelerate buys and sells - the exact opposite of my BEAR strategy from my book!

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PAGE 14 Jeff Weber, 2302 Bluffridge, San Antonio, TX 78232 MORE... .....................................................................................................

Newly Managed Portfolio
MAY 2006 - DECEMBER 2006

STOCK NAMESTOCKPORTFOLIO% GAIN
PRICETOTAL(LOSS)
BAUSCH &LOMB51.8914,6307%
LUCENT2.627,18515%
ASV INC17.8314,669(2%)
AMICUS2.954,557(8%)
EBAY32.9216,02510%)
DELL26.5315,9957%
MICROSOFT30.1930,33528%
STARBUCKS36.425,11621%
PAC ETHANOL17.1114,536(3%)
AMAZON40.0116,04319%
TOTALS139,09123%

Here is a new portfolio I just started for a new investor. Some are his stocks, some are mine. I think this is a good portfolio to add as it reflects exactly the kind of stocks I like. The stocks are now worth $139,061. The stocks are up 3% this month. UP 23% overall. They started at $113,219 - made adjustments for sales of Am Power Conversion and Keytronics - made good profits on both.

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PAGE 15 Jeff Weber, 2302 Bluffridge, San Antonio, TX 78232 MORE...

Brand New Managed LEAP Portfolio
NOVEMBER 2006 - DECEMBER 2006

LEAP NAMELEAP PRICEPORTFOLIO% GAIN
PRICETOTAL(LOSS)
DELL JAN 09 STRIKE 303.7521,0616%
CISCO JAN 09 STRIKE 303.9016,686 3%
AT&T JAN 09 STRIKE 354.2020,718 26%
EBAY JAN 09 STRIKE 453.1514,290 (18%)
GOLDCP JAN 09 STRIKE 355.8518,1549%
AMD JAN 09 STRIKE 302.7015,048 (15%)
ADC TEL JAN 09 STRIKE 17.502.5017,05992%)
GATEWAY JAN 08 STRIKE 2.50.5525,36950%
YAHOO JAN 09 STRIKE 353.1015,836 (10%)
MICROSOFT JAN 09 STRIKE 352.1017,8964%
TOTAL178,1513%

This is a new LEAPs portfolio that replaced the former stock portfolio here. This portfolio is intensely managed reviewing prices daily for buy and sell decisons. The REVISED portfolio started with $173,394. The portfolio is up to $178,151 for a gain of 3% this month, 3% gain overall.

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PAGE 16 Jeff Weber, 2302 Bluffridge, San Antonio, TX 78232 MORE...

JAN 08 IN THE MONEY LEAPS

AUGUST 2006 - DECEMBER 2006

Jan 08 In the Money LEAPS Portfolio
LEAP NAMEOPTIONSTARTING CURRENT% GAIN
PRICEPORTFOLIO VALUEPORTFOLIO VALUE(LOSS)
AMD STRIKE 17.506.8043,50060,27239%
AMAZON STRIKE 2516.5552,50094,33780%
CITIBANK STRIKE 459.0049,50061,83525%
DELL STRIKE 208.5039,00054,42740%
DR HORTON STRIKE 208.6042,00056,50035%
EBAY STRIKE 22.5012.4548,75075,68455%
FORD STRIKE 52.6318,75022,21118%
INTEL STRIKE 17.504.7523,25032,67141%
SYMANTEC STRIKE 157.8032,52047,80836%
YAHOO STRIKE 255.3549,50046,016(7%)
TOTALS402,000551,76137%

LEAPS are off and running. Jan 08 In The Money Call LEAPS UP 3% in the third month, up a total of 37% in four months - this definitely looks promising. In the money merely means that the stock is currently at a higher price than the Strike price listed. JAN 08 IS WHEN THESE LEAPS EXPIRE.

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PAGE 17 Jeff Weber, 2302 Bluffridge, San Antonio, TX 78232 MORE........

JAN 08 DEEP OUT OF THE MONEY LEAPS

AUGUST 2006 - DECEMBER 2006

Jan 08 Deep Out of the Money LEAPS
LEAP NAMEOPTIONSTARTINGCURRENT% GAIN
PRICEPORTFOLIO VALUEPORTFOLIO VALUE(LOSS)
AMD STRIKE 50.202,6253,77844%
AMAZON STRIKE 551.7512,75047,725274%
CITIBANK STRIKE 70.101,8751,591(15%)
DELL STRIKE 40.151,8751,479(21%)
DR HORTON STRIKE 45.3530002,770(8%)
EBAY STRIKE 50.953,7505,89957%
FORD STRIKE 15.151,5001,296(14%)
INTEL STRIKE 30.35.302,74922%
SYMANTEC STRIKE 30.401,8753,25173%
YAHOO STRIKE 50.252,6252,463(6%)
TOTALS34,12573,001114%

Our starting month for deep out of the money Jan 08 Call LEAPS shows a 25% drop this month, up 114% after four months. Deep out of the money means the strike prices are much higher than the current price of the stock. JAN 08 IS WHEN THESE LEAPS EXPIRE.

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PAGE 18 Jeff Weber, 2302 Bluffridge, San Antonio, TX 78232

JAN 09 IN THE MONEY LEAPS

AUGUST 2006 - DECEMBER 2006

Jan 09 in the Money LEAPS
LEAP NAMEOPTIONSTARTINGCURRENT% GAIN
PRICEPORTFOLIO VALUEPORTFOLIO VALUE(LOSS)
AMD STRIKE 207.0050,25061,16022%
AMAZON STRIKE 2518.1063,000103,62764%
CITIBANK STRIKE 4013.8579,50096,28821%
DELL STRIKE 209.8547,25063,98535%
DR HORTON STRIKE 209.6548,75063,72631%
FORD STRIKE 53.2024,00026,0679%
EBAY STRIKE 2512.2545,00073,13563%
INTEL STRIKE 157.3038,25049,93931%
SYMANTEC STRIKE 158.1039,00053,52937%
YAHOO STRIKE 256.856000056,941(5%)
TOTALS495,000648,39731%

LEAPS are off and running. Jan 09 In The Money Call LEAPS UP 2% in the fourth month, up a total of 31% in four months - this definitely looks promising. In the money merely means that the stock is currently at a higher price than the Strike price listed. JAN 09 IS WHEN THESE LEAPS EXPIRE.

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PAGE 19 Jeff Weber, 2302 Bluffridge, San Antonio, TX 78232 ...More

JAN 09 DEEP OUT OF THE MONEY LEAPS

AUGUST 2006 - DECEMBER 2006

Jan 09 Deep Out of the Money LEAPS
LEAP NAMEOPTIONSTARTINGCURRENT% GAIN
PRICEPORTFOLIO VALUEPORTFOLIO VALUE(LOSS)
AMD STRIKE 401.6511,25018,45564%
AMAZON STRIKE 457.2016,87544,387163%
CITIBANK STRIKE 70.703,3754,64938%
DELL STRIKE 401.253,7506,82882%
DR HORTON STRIKE 304.7020,62530,45048%
EBAY STRIKE 601.256,0008,54442%
FORD STRIKE 10.908,6259,0955%
INTEL STRIKE 301.006,0007,50125%
SYMANTEC STRIKE 301.054,8757,74259%
YAHOO STRIKE 401.8521,00016,597(21%)
TOTALS102,375154,24851%

LEAPS are off and running. Jan 09 deep out of the money Call LEAPS down 6% this month, up 51% in four months - this definitely looks promising. Deep out of the money merely means that the stock is currently at a much lower price than the Strike price listed. JAN 09 IS WHEN THESE LEAPS EXPIRE.

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PAGE 20 Jeff Weber, 2302 Bluffridge, San Antonio, TX 78232 No More....