Hello Refugees! Another month has passed and I wanted to update my trading portfolio for those who may be interested. I have been using my trading strategy to cut losses at 8% and am sitting on my hands, as I like to say, until I get a buying signal, which for me is a partial sale at a gain on my remaining stocks.

This analysis is as of the close of trading June 30, 2006.

I am now down to 14 positions (from 18 a month ago) as the market corrected and I continued to unload positions. My maximum remains 25 positions, and I shall start replacing sales at 6 positions, my minimum # of positions planned.

The account net worth is $57,085.26. I now am up to a 72.71% equity position. The market value of my securities stands at $78,508.64. My margin debit balance is now down to $21,423.38.

Current positions (# shares, date of purchase, closing stock price, cost basis, % gain (loss))

Barnes (B) (360 shares, 2/16/06, $19.95, $19.58, 1.91%)

Coach (COH) (102 shares, 2/25/03, $29.90, $8.33, 258.89%)

Cytyc (CYTC) (225 Shares, 1/29/04, $25.36, $14.86, 70.71%)

Genesco (GCO) (200 shares, 5/26/05, $33.87, $34.40, (1.54)%)

Healthways (HWAY) (107 shares, 6/18/04, $52.64, $23.53, 123.75%)

Kyphon (KYPH) (150 shares, 5/20/05, $38.36, $29.21, 31.30%)

Morningstar (MORN) (167 shares, 11/22/05, $41.48, $32.57, 27.34%)

Quality Systems (QSII) (88 shares, 7/28/03, $36.82, $7.75, 375.17%)

ResMed (RMD) (150 shares, 2/4/05, $46.95, $29.87, 57.19%)

Starbucks (SBUX) (50 shares, 1/24/03, $37.76, $11.40, 231.09%)

Meridian Bioscience (VIVO) (210 shares, 4/21/05, $24.95, $11.13, 124.20%)

Toro (TTC) (120 shares, 5/25/06, $46.70, $48.36, (3.43)%)

Ventana Medical Systems (VMSI) (188 shares, 4/16/04, $47.18, $23.47, 101.02%)

Wolverine World Wide (WWW) (240 shares, 4/19/06, $23.33, $23.55, (.92)%)

History since last post: On 6/5/06 I paid out $575 for a car payment (I am buying my car out of this portfolio), on 6/7/06 I sold my 400 shares of Packeteer at $10.86, I sold my 187 shares of Jos a Bank (JOSB) at $27.00 on 6/8/06, on 6/12/06 I received 180 shares of Barnes Group (B) as part of a 2:1 stock split, on 6/15/06 I made a payment of $2445 out of the account for a misc. expense, and on 6/15/06 I received $200 (my monthly deposit), and paid $324.94 in margin on 6/20/06, on 6/21/06 I sold my 142 shares of Helix Energy Solutions (HELX) at $29.844, paid out a check of $255 on 6/21/06 for some blog work, and sold my 320 shares of SRA Intl (SRX) on 6/28/06 at $27.2605.

As of the close of trading on 6/30/06, the account has had $241.50 of taxable income and $2,269.79 of margin expenses in 2006. The total net short-term loss totalled $(1,643.69) and the total realized net long-term gain was $8,945.43, for a total realized gain of $7,301.74.

As of the close of trading on 6/30/06, the account had an unrealized gain totalling $24,113.52.

I hope this continued reporting is helpful. If you are interested in my stock picking strategy, you are more than welcome to visit my blog at https://bobsadviceforstocks.tripod.com/bobsadviceforstocks/ or listen to my podcast at http://bobsadviceforstocks.podomatic.com.

I am an amateur investor, so please take that into consideration before making any investment decisions based on my writing or podcast.

Please let me know if these updates are helpful.

Bob