Jim Goodman's "The Right Side of the PSYCLE sm"
Stocks/Industry Groups Timing Newsletter, and Education service
issue # 63, dated: 9:30 am, P.S.T., Monday, Jan. 11, 1999

**** Newest Market Comments:
New: Neat....Be sure to take the extra time to read this "ENTIRE" NL, at least this one time, because I put many more salient comments and mini-lessons on all sorts of things I see, many of which I seem to be among the very few people seeing....Obviously, we have gotten a ton of Q, large % Gains, as my predicted "Jan. effect/tax bounces" occur in our chosen I.G.'s, all of which were quite out-of-favor/disliked when recommended herein....Are you learning how well this works, without engendering the emotion/stress of "day-trading" or "high-relative- strength-only" trading ? Also note the predicted relative Weakness in our suggested Drug stocks, and The Bond, and more of our winners are beginning to approach their S.T. resistance already, and how, while "the 95 %" fixate on the Internets (even though they are probably not even in those stocks, don't get me started), they are missing many high-return bounces among the laggards-depreseds, my baliwick....Also, recall our "late Friday super-strength-to-sucker-in- latecomers-after-already-big-rises, leading to S.T. Tops after the first hour the following Mon. or Tues." concept, would seem to come into play early today or tomorrow....watch for that....Last, I do see some developing negative divergences, A/D and Trans./Util. avgs., and, am have added some Mansfield-found depresseds in our favored I.G.'s, in sec. (6), and, some "fakeout breakouts" among still-likely Puttables up here in sec. (7)

My suggesting that one step back, and VIEW the charts, ACTING agressively to take advantage of more expected tax-selling bounces among our depresseds, while still buying occasional Puts on our extended stocks which have Not broken out, still makes much sense....

You should have already been in, at least, one each, a depressed Oil Service, Y2K, Health, Prec. Metal, Steel, Farm, Tech., etc., stock, long (as a "portfolio" of sorts, see sec. (6)). And, perhaps, one or two Puts, from sec. (7)....I am especially proud of my having been among the very, very few, or firts/only, to have predicted/caught, the Oil Service, Steel, Y2K, and Farm, stocks....I am glad to be helping you so much on the long side....Re-read my Booklet on "Ind. Group Rotation", and see how those fit perfectly....The current bounces look to continue for our depresseds, but (only) many "extended" stocks look ready for a correction, which would be unexpected by most everybody (gosh knows we have seen enough aborted tops breakout again, in very late stage 3), and hence, a "correction of excess from out of nowhere" becomes more likely, every day, sentiment-wise....Of course, since the vast, vast majority of my subscribers have still never done a "put", our logical, recent, Q,S losses in Puts, should not be of much consequence, vs. the now Large % Q rises we are getting you, in a ton of our long-side stocks, which I assume you ARE in. Good for you.

But do know, that, in the bigger picture, this is still a "super Split" market ....I am just sharing what I see, so YOU get a better overall picture of what is really going on. I also want to thank the growing number of subscribers who are starting to "think Psyclically", that is, not only catching many long-side gains, but also finding news items like those I show in sec. (2) each NL, which portend different potential timing nuances/signals vs. stocks mentioned....good for you/them....The message to the rest of you: if so many of those nice people can do it, without spending much time/effort, viewing the charts of ideas briefly, so can you. These nice people are no more super-talented than the rest of us....they just see the pattern, know what types of stocks fit their needs in different accounts, and do what we do herein, after viewing some charts briefly....

do note the plethora of "new stocks" added in sec. 6 and 7, below, representing "what I see occuring", as more and more stocks are bottoming/topping in different groups....more Puts all of a sudden....with Friday's "straight-up parabolic" action, this is probably the top in Internets....previous Q, S, losses notwithstanding....as I teach in my booklets, one key to success, is NOT letting "past" QSL's, affect your next decisions, when/if those same stocks seem to set up again properly....heck, putting the Internets below, is actually much LESS risky, than any time up till now, right ?

New: in addition to our depresseds and EVB's, I am also seeing some "secondary pullback lows" occuring, after initial bounces, in many of our depressed stocks....this means the "tax-selling bounces" have started already for those issues....This is also sometimes becomes S.T. stage 2 behavior, technically....think about that....see Section (4) below....and, now, am I seeing some early stage 3-type bounces in those types of stocks/patterns ?

IMPORTANT: obviously, we are going to get some pullbacks-after-Initial-rises in some of our bouncers....Remember, when/if some stocks get back down towards originally suggested buy levels, we may be able to catch some :stage 2" rises, later....and, for people who "just missed" some of those, another set of opportunities to buy them ? we shall see....Heck, the Oil Service stocks have given us 3, full opoortunities to buy, and, for S.T. option traders, two previous sale opportunities, before they pulled back that third/last time in Dec., yes ? So, some subscribers have held them all along, others have traded them twice before, in 1998, and some waited for a longer, better base/formation to form, and only recently bought them for the first time, near their lows....

While we are definitely catching many depressed bouncers for you herein, I am still seeing too many breaks of budding patterns among already-extended Puts, as their parabolic rises seem to defy whatever....but, as you know we never fight the tape, hence the real tight stops on our puttables, conserving our capital, and, of course, been properly leaning way, way more to the Long-side lately....I remain quite satisfied with my sec. (6) patterns among our favored I.G.'s, and even in sec. (7), and have been suggesting action, vs. inaction, for our normal above-avg. performance from late-year....Being among the few honest guys in this business, means, I gotta cut losses when patterns break, to protect my followers, which I always have....Last, remember, some stocks will "EVB/tax-sell bottom" in Dec., and others will have their bottoms early Jan., so, Step back, View the charts, gain perspective and knowledge and confidence to ACT.

NEW: an important note: as taught when I chronicled "the 7 sequential stages" in sec. (8) again, weeks ago, and in my booklets, the initial upside price expectation/targets, for, example, the Oil Svc. stocks, is, generally, that stock's "bounce high" in late Oct./early Nov., and/or, when/if applicable, their still-falling, 200 DMA, yes ? When/if they get up there, we will re-evaluate their chart patterns, at that time....

If you are a "NEWER" Subscriber, please take the time to read ALL of the "wordy" parts of the NL, once or twice, anyway... If you are an "OLDER" Subscriber, of course, feel free to SKIP, to those NL sections you wish to glean your info. from. (Save all my CUMULATIVE letters, for future reference/educational learning/help)

*** If you are pressed for time, read section (2) to develop a "feel" for our Sentiment patterns--- and Section (3) always, while viewing the CHARTS....So much valuable info. in one place. Also, Obviously, when "more, or fewer" longs, or puts, are given herein, that also tells us more about "the internals, and likely future direction of the market", yes ? And, please, neither expect ME to stay "super hot" nor "super cold" forever.

I assume you have read the "Significant Disclaimers" paragraph, under my main webpage logo...I cannot infer my future performance will always match my excellent , real, past track records, as each person will, obviously, have differing experiences with my output, and/or do/not do various things, properly/improperly, etc. Thanks for understanding. It is also assumed that you actually "VIEW" 1-and-2-year past Charts of stocks, with their 200 DMA's, BEFORE you "do" anything for real, and that you are aware of their recent highs/lows, for stops price levels, and past/future resistance/support. I am also assuming you have learned to eliminate the potentially hindering emotional "stuff" from the decision-making/ stock-choosing side of your brain....

1) "PSYCLE SENSE sm":
New Commentary: Although you know we NEVER try to "predict Indexes/averages/the market", here are my most Current "Market" Comments:

I put all this section's market comments at the very beginning, above

Please appreciate, how much time/effort I put in, to put ALL applicable, staged, stocks, longs and puts, which fit learnable, and actionable, "PSYCLE sm" patterns, into each NL.... Sometimes fewer, sometimes more....Whatever I find that best fits "PSYCLE sm" stages, which YOU can learn/take advantage of, for YOUR trading/educational benefit, I will put into each NL....again, the "Most Actionables, Now/Here", are in Section (3). And note, the "learning/feeling/sentiment" items, are in section (2) and (8). Longer lists and I.G.'s, are in section (6) and (7)....and all follow-ups, are in sections (4) and (5).

2) "What's Been Said, and What I've Read":

a) Important Industry GROUP (Rotation) Notes: note more, clear, split, Rotation occuring, among different I.G.'s, independent of each other: 1) have you been watching our Extended Medical/Health/Drug/Food/Bev./ Finl. stocks as relatively weaker recently ? Interesting....while "the 95 %" is fixated by the Internets, WE have been actively exploting tops-and-drops in these stocks for you....hope you got in those puts, which balance the handful of Q,S losses in a few Internets, dig ? I am also among the very few/first/only guys to have predicted these drops as well.... 2) I am now beginning to see S.T. resistance in some of our Oil Svc. and Steel stocks, again, around their "Nov. bounce highs" I told you to watch for last time here, hence some "1/2 pos." sales below....also, note the "steels" just hit their 200 DMA levels, see it ? Hence the partial sales there....but many Oil Svc. stocks are real close to breaking out entirely.....if so, they point to "measured moves" up, equal in amplitude, to their initial rise off bottoms....we shall see...some seem to already be breaking out anew....

3) while I am also, the first/only to catch some depr. Copper/Metals, now popping for you herein, and, more higher-priced Gold stocks rising....as are many basic ind./cyclicals/paper stocks.... 4) note, the T-Bond fell another 1+ points, Fri., and another 3/4 pt., early Mon. 11th....neat.... again, there has rarely ever been, and is, NO "directly applicable future-price- predictive" (D.A.F.P.P> "link" between "stocks" and "bonds", as assumed by almost everyone else, as taught umpteen times in my Booklets....and Utilities falling, as predicted.... 5) Crude Oil futures themselves are also approaching resistance, in the 13++ area....6) some Airlines are already approaching their 200 DMA, as S.T. resistance ....7) I went on record on Silicon Investor, saying now, finally, tyhe Internets are "real, real, real close" top sentiment/top....hey, maybe my "after the first hour or two, Mon. or Tues., S.T. top" concept will come into play today or tomorrow with Internets....they really are now running on fumes....toast.

b) 1) Fri. 8th, 11 am, cnbc's, Bob Pisani, actually showed something Valuable you must know: "Graham's Indicator of Buying Power vs. Selling Pressure" just had their two trendlines cross--- potentially quite bearish for extended stocks --- for the first time since last June, 1998 --- and we all know what happened after that, right ? ....2) I am also seeing more Negative Divergences, among A/D figures, and, now, seeing the Trans. Avg. rising, while the utility Avg. declining (as predicted)....and it is a historical fact, that a tremendous number of S.T. tops (more than in any other month, mind you) have been made, after initial early-year euphoria, in January....last, know that the "put/call ratio" is now at its lowest, and most bearish, in months.... 3) AMZN, market value, is now worth more than that of all the stocks of companies in Norway....and YHOO, now worth more than all stocks on the Singapore stock exch., together....as I teach, "Friday afternoon super-strength after already-big run-ups" often protend S.T. tops, by "after the first hour or two" the following Mon. or Tues., right ? As you know, such has worked for us many times before....also, a Prudential analyst just raised NSOL, at 216., to a "new buy", raising eps est. to 1.16, stock also splitting soon....be still my heart....And, Merrill actually begins coverage of UBID at 121., as "very positive on the company's fundamental prospects"....Yikes....look out....more confirmation.

c) more incorrect/improper/misleading Media comments from "fundamentalists/ companies/mags", etc., vs. illogical/contrary stock prices moves, etc.: 1) ted , cnbc, Thu. 12;30, reporting that Beth. Steel "has been getting battered by foreign dumping of steel", then also said, "last trade, BS was down another 1/2, to 10." Hmmmm, intersting, because, if he just LOOKED at the chart, he'd have seen that BS has been UP, decently, in recent weeks, not down ! and certainly not down "another" anything ! amazing, huh....hey, if BS can rise 25 % getting "battered" fundamentally, maybe that is good for all other depressed stocks.... but, of course no "analyst " would ever even know that, right ? ....2) Thu., 1/7, Smith Intl., an Oil Svc. stock I gave you herein, which rose from 20+ to 36 in the Fall, "warned today of worse earnings" --- yet, it's stock continued to rise, from 23 low, to 33....See ? "fundamental announcements, and stock price moves, are NOT automatically linked....but you already know this....As taught in my booklets, when the charts, and the I.G., are positioned well, the company could pretty-much blow up, or lose everything (just kidding), and their STOCK (two different things, right ?) would still rise....'nuff said....3) Western Digital announced further losses, continuing--- yet its stock is up about 100 % off low, even as they cont. to lose money, dig ?

d) more late, and/or misleading, Brokerage/NL writer/Analyst comments: 1) cnbc, Thu. 1:20 pm, Ken Heebner, port. mgr. of CEM Realty Fund (but his favorite stock from here is a Tech. ? don't get me started) newly recommends Micron T. @ 63 3/8, saying "when the cycle of their business turns up, they will make a ton of money...." Hmmmm....first, where was he when WE were suggesting the depressed Semis herein, when MU was $ 20. last year, second, hasn't he seen that MU has already tripled in price, just since Sept. ? and, third, here's yet another "PSYCLE sm" example of, how, if one "waits for the turn" in fundamentals, to "begin buying" anything, one misses the initial 100- 200 % rise off the base, dig ?

2) CNBC, early Mon. 11th, five separate analysts (C.E. Unterberg, McClellan, J. Battapaglia, R. Mogey, K. Tower) said (paraphrasing real closely), "there may be a little correction/slight pullback/rest ahead, of little or no consequence, ride it out, and/but the rest of this year, and, next year, still look extremely bullish"....none expect DJIA to fall below even 9,100 , period.....So, expect their complacency/bullishness to be wrong, dig ? K. Tower actually said, (quote) "the new bull mkt. which began Oct. (which he did not predict, BTW) looks perfect, even from here, and we also expect a 'new millenium' bull market also next year as well...." Wow. Last, the reporter on CNBC, making one of those time-filler-statements-thinking-he's-making-a-prediction-but-he's not, said, "this could be another year with unexpected developments"....great comment, real valuable, Sherlock....not.

3) cnbc, Mon. 8:45 am, Jim Stack, who has been bearish for a long time, (using the 'broken clock method, whereby, because he has decent Media coverage, when and if we do fall, he will then probably be covered by the Finl. Media, as saying he predicted it, dig ? meanwhile, I can't catch a Media break) said, "if the US dollar falls, that will drive I.R.'s up"....But, gee, Mr. Stack, the US dollar HAS BEEN weak, yet I.R.'s have been FALLING....

4) a "PSYCLE sm" philosophical observation: the adding of AOL to the S & P, reminds me how, in the last 15 years, several depressed, "staid" DJIA stocks have been replaced with higher-priced, more "sexy" ones, which continues to skew the ability to predict such "big indexes", lowers the "divisor", increasing "point- based movements", which confirms our refusal to even try to do so....They took out, NAV, AMB, AC, BS, WX, HR, OI., C., Z., N., X., and replaced with IBM, JNJ, MCD, HWP, DIS, WMT, etc., just since 1984 !!! Meaning: all "DOW" stuff is subjective, and manupulated, since one can say "if other stocks had been in the index from such-and-such a past date, then the DJIA would now be selling at such-and-such a level, etc., ad nausium.... All of which is a waste of time.... Concentrate on what individual stocks and groups look like NOW, with NO scenarios ....The names may change, but the "patterns" remain the same each "PSYCLE sm" stage.

As you have seen the last several months, how much better one does, just "doing" the best individual stocks, and Ind. Groups, technically/sentiment-wise, mostly long-side, while ignoring, or going contrary to, 95 % of all Media messages, and "indexes/averages" comments, from the peanut gallery ? By just getting my output, alone, you do much better, and save time, by not having to even try to "seek, and process" tons of other, useless fundamental info., anyway....and we also help remove potential emotional problems before they begin.

3) Most recent Hypothetical "PSYCLE sm" transactions, to be mimicked, and referred back to:
 Always remember to view "1-year-at-least past" charts of everything you can view, herein, along with their 200 day moving averages (DMA's), to "see/learn" the "PSYCLE patterns", and see where/when stocks in section (3) were Hypothetically bought near lows, and put near highs....note: (Q = quick; i.e, was less than 2-3 months holding period ....VQ = very quick; i.e., was less than 3-4 weeks holding period)....and "VVQ" means held even shorter-term than that....
Also re-read "the Guide" for how I derive the estimated % percentage Gains I show herein, on assumed Hypothetically closed-out trades (always assumed to have been in Options, where applicable/ suitable, and on margin where available/suitable/logical, and on a cash basis where not, as per "PSYCLE sm" tenets)....and "bal." in section (3), means, "the balance" of assumed long positions, assuming a "1/2 and 1/2" sale....and, "css" means "covered previous short sale", where no puts options existed....

* Previously assumed Long positions most recently SOLD (showing the actual price changes, in parentheses, from the price where/when originally recommended herein, to the price where very rently Hypothetically "sold"):
1/2 pos. stk.on.mgn. OMPT (7+ to 14-) for Q 166% Gain....calls WJ (18+ to 24-) for Q 150% Gain....1/2 pos. calls FTL (13- to 19-) for VQ 166% G.... 1/2 pos. calls RON (23+ to 31-) for VQ 150% G....bal. puts BVSN (36+ to 28+) for Q 80% G....1/2 pos. stock AXC (0.80 to 2.10) for Q 150% G....1/2 pos. stock MMG (4- to 8+) for 111% G....1/2 pos. calls LPX (16+ to 10+) for Q 90% G....1/2 pos. stock CMO (3- to 5++) for 70% G....
and puts, RCGI. (30 to 26 to 30), NEON, AXNT, BCST, RATL, FAM, long, JDAS, for VQ, very small losses....there have been too many puts Q, S, losses in the recent past, but, as I said, this is of small consequence in the bigger picture overall, especially this time of year....and I am still giving out many more, other, large % Gains....note, some Puts QSL's were the very next day....just being honest for you....Remember, occasional 10-20 % portfolio drawdowns are NORMAL and accepted, L.T., without losing our agressiveness or positive thought or action, in the "next" set of ideas that present themselves....NO emotion....

NOTE: while all the $ under 10. stocks are listed here as "stocks on margin" ("stk.on.mgn."), if one Had bought L.T., in-the-money calls options, their % Gains would have been multiplied, higher, right ? We just prefer not to buy Calls on most stocks under $ 10., unless their patterns are phenomenal, as their options premiums tend to be too high, vs. just buying those stocks on Margin, with close stops, where suitable, instead, with less risk, and similar reward potential--- stocks themselves have no "premium", right ? and, of course, if one just bought longs for cash, and not on margin, the % Gains would be relatively smaller, though still excellent, for so short a time period, yes ?

* Newly/Additionally BOUGHT/Buyables, right near these prices only:
(either for Cash, especially in Pensions, and/or on Margin where suitable, and/or Only L.T., in-the-money Options, where suitable/ available, always Diversifying, always with close Stops below/above recent lows/highs): (note: If you are New to this NL, here are the most recent "Buyables/Puttables", long/short) (note: a " - " after a price, means "just under" that price....and, a " + " means "just over" that price....i.e., 16+ means, 16 to 16 3/8, and, 56-, means, 55 5/8 to 56, etc.)....again, the idea is to "just get real close" to my listed prices here, when buying long/selling/putting issues given....try NOT to worry about every 1/8 or 1/16....


**** Newly BOUGHT Long-side, for potential Rises: (note, some more/new/revisited stocks here, and most are still pretty low-priceds, read thoroughly, some new "repeats" and "revisited" "new" ones again, here): each alphabetically by symbol: again, "just get real close" to suggested prices:
(new ones) COB @ 3.06, CSRE @ 3 3/8, EAR @ 5/8, IGL @ 20+, KTEC @ 6+, MANU @ 13+, MIDI. @ 0.44, MKA @ 8+, MRII. @ 2+, NL @ 13++, SNT @ 27, TAROF @ 4++,

(repeats) (note, some re-added repeats) BDS @ 2 15/16, BGO @ 3/4, BLM @ 2.06, CAU @ 0.31, CBMI. @ 2 7/8, CCH @ 3/16, CQB @ 9+, CXI. @ 5/16, ELY @ 10+, GLDR @ 1-, GSR @ 1, IAIC @ 1 3/6, INPR @ 5+, MATK @ 7++, MHR @ 2 7/8, NGX @ 7/16, PCTL @ 6+, SAA @ 0.81, SSC @ 11/16, TFN @ 4, TOX @ 3/16, TOY @ 16+, TRMB @ 7+, TRP @ 14+, TSA @ 4 11/16, UMR @ 11/16, VGZ @ 3/16, VTO @ 4 3/8, WS @ 1 5/8....most are still EVB's...."buy low", right ? Note, we are revisiting some "previously given/traded" issues, and a few whipsaws, back in....and, more importantly, that, now, AFTER recent rises, most "new buys" are real cheapies, and/or "laggards" with less "sexiness", and/or for "catch up" moves....also see the "just missed" issues, below....

New Note: added a new section, of "Mansfield Chart" depressed base ideas, by I.G., in sec. (6) below....also, note, some new/repeat long buys, are in stage 2, having pulled back after previous upside breakouts from earlier bases, dig ? still plenty to choose from, to build a portfolio, long-side....

NOTE: as I teach in the "green Guide" Booklet, you should already understand/know, that, very often, there is NOT "just one day" when my ideas become "long buys" or "long puts"....some stocks may hit around originally suggested prices, 2, 3, 4 times, etc., sometimes over a period of weeks, as they may form EVB's, double-bottoms and/or bases at times, right ? When/if they rise/ fall in between those times, I will follow-up those moves, in section (4) and (5) anyway....this is a Positive, a Benefit, for you....remember, I have subscribers who ARE already in stocks which have already moved before YOU noticed them herein, dig ? And there ARE many subscribers who ARE viewing MANY of the charts of the stocks herein, first....and there ARE many subscribers who DO want "longer, more thorough, teaching" NL's/items from me....

*** remember, all my given stocks REMAIN buyable/puttable, every time they hit originally suggested prices, unless/until they break their patterns....even if weeks pass by !!! This is covered in "the Guide" and herein, endless times.... "just get close", and do everything else properly: the stops, VIEWING the charts BEFORE acting, NOT forcing trades, and, of course, LEARNING the stages/patterns of price, ind. group, and sentiment/media patterns.

** Important: took, SFY, --- Off pot. Long buys list, before they might have been Hypothetically "bt." (as most all made quick, new lows....and/or, they need more work, technically....also recall the last few lists of stocks removed before "bt." here). Note, I try to give "something for every type of investing/trading desire/account/objective", including some real cheapies, some $ 5-10. stocks,some over $ 20. stocks, and some "names" blue chips--- either, for straight Cash, and/or on Margin, and/or L.T., in-the-money Options, etc., so that all my valued subscribers have Choices, and for proper Diversification --- all still having similar, exploitable patterns, in each NL.

**** Newly BOUGHT, long "PUTS", for potential Drops: alphabetically by symbol: (note, more new ones) AGN @ 65+, AMP @ 52+, AMT @ 29, AMTD @ 38, CDRD @ 39-, CFR @ 55+, COF @ 126+, DNEX @ 39, DY @ 38-, EBAY @ 312, FLEX @ 84, FRO @ 36-, GDT @ 113+, HLI. @ 60-, HOU @ 32, IBM @ 190+, INKT @ 165, INTU @ 90-, LSON @ 58-, MEDI. @ 49, MSBC @ 45+, PKN @ 98-, RSCR @ 24+, SEPR @ 94-, SLR @ 90+, SUT @ 49, TROW @ 38-, TSAI. @ 50, WHIT @ 28-, WIND @ 49-, WLP @ 84+, some are V.S.T. parabolic, "hook" tops, some are double-tops....
IMPORTANT: for the first time, now, I am saying, on a "PSYCLE sm" "sentiment" basis (vs. just being parabolas, some of which I have been a little early/wrong on) Fri. 8th/Mon. 11th, may mark "the top", as a final, "fakeout breakout", a "sucker in the last set of ignorant buyers", as taught in the "Downside" booket, in Internets. We know about the ridculous premiums on their Puts.

(and, note, some "new" repeats again) AFS @ 44+, AOL @ 156+, CACS @ 35-, CLX @ 115+, CMA @ 69, COMS @ 48-, CSC @ 69, DLX @ 37+, EAII. @ 60, FDX @ 89+, HAE @ 23+, MKL @ 183, MOB @ 90+, NTLI. @ 57+, SYY @ 28+, UNPH @ 70, VRSN @ 80+....notice, as they jockey/bounce, we are getting mutliple chances to buy "repeats" put issues ....and/but, remember, I/we have NO "market scenario", ever, as you know....and, note, there have been too many minor breakouts, so I had to take real small, quick Puts losses, and NOT fight the tape, in those stocks....But that does not mean I am not finding more/new ones, in our Puttable Ind. groups, still showing the "EVT" or umbrella or double-top patterns.

and/but, Took, OTEXF, GNSSF, NSOL, NTAP, TSA, SAI., MAS, CI., Off pot. Puts list, before "put", as they aborted their patterns immediately (also see recent past issues taken off, here). IMPORTANT: sometimes, in the few hours after I send this NL to the web site, a stock might break its S.T. umbrella top, or its depressed EVB/base pattern....And, of course, sometimes Isuggested stocks HIT their buy/put" levels in between NL's, in which case they are added....So I am assuming, you actually View their recent charts, BEFORE you consider buying any Longs or Puts, and you will see/know that the pattern is still O.K., and therefore buy/not buy them....this takes just seconds each to check/do, and will keep you from buying Puts/Calls on issues which abort budding patterns quickly after publication of my NL's.

....and/but, among stocks recently given you herein, in sections (6) and (7) below, we "just Missed", NSANY, CLCDF, VMRX, NPRO, MRVC, APAC, ACE, DRQ, GDC, LSN, ONX, FLC, KMG, CBJ, MCH, ALN, NOX, CFK, ESC, BOY, OIL, SIL, CIR, BDI., ICI., KE, as Longs near very recent lows, and, LSON, MANH, NETA, ZILA, IMNX, CTX, NEG, WAT, PG, PE, as Puts, near recent highs....as one of the few honest guys in this biz, I will always tell you here, also when we "miss" actually catching suggested ideas, so you can "view/see" and LEARN their charts/patterns, for your educational benefit. By viewing such charts, also tells us, whether the market itself is providing more bottoms/tops, at that time, right ? Another reason why it is important to consider ALL my output, each NL....Again, the idea is to learn the "Patterns" of previously "given/done" ideas, for YOUR future benefit.


All previously mentioned ideas are Followed-up here below, for your Educational/Trading benefit ....check these lists/issues briefly, to see if any YOU own, are mentioned....

4) Already given out in previous NL's, assumed Hypothetical "Long-side" positions:(issues moving since last time, worthy of following-up, and/or mentioning, because of recent price moves, and still remaining long in most of them, unless otherwise noted):

(* too late to buy up here, up already, and/but acting O.K., so stay in these for now):

**** note: ("sos") means "Sell On Strength" (on a bounce up towards resistance, and/or where it broke down from)....("S") means Sell it here (if right at/near listed price level)

still giving you plenty of nice risers (note, these have always been listed, in order, from the biggest % moves, to the smallest important most recent % price moves): read this, and the last list here, carefully, thoroughly....check their charts to see the patterns: AXC 2 3/8 up 1 1/4 (sos), BDS 4 3/8 up 1 1/2, AMLN 1 3/8 up 5/8, PCTL 8 7/8 up 3, KRY 0.68 up 0.24, ATV 2 up 1/2, ECO 2 1/8 up 1/2, GYMB 8 7/8 up 2 5/8, IPIC 6 1/8 up 1 5/8, WTT 2 5/8 up 5/8, COB 4 3/4 up 1 3/4, PCMS 7 3/8 up 2 1/8 (sos), OMPT 14 1/4 up 2 3/8 (sos), SAA 1 up 0.19, TAROF 5 3/8 up 7/8, HCM 4 7/8 up 1/2, RTC 5 up 1/2, INPR 6 1/4 up 1, SWW 4 up 3/8, CMO 5 7/8 up 7/8 (sos), GLBL 8 5/8 up 1 3/8, MATK 8 1/4 up 1, NBTY 8 1/4 up 1, GHM 9 7/8 up 1 3/8, FHCC 15 1/2 up 1 3/4, NHC 17 1/4 up 2 3/8, AG 8 3/8 up 1, AR 17 3/4 up 1 3/4, UTI. 9 up 1/2, CYM 11 7/8 up 1 1/8, VTS 16 7/8 up 1 3/4, AR 18 3/8 up 2, WFT 24 7/8 up 1 7/8, BAANF 14 1/2 up 1 1/4, UPR 10 5/8 up 3/4, wow.

(cont'd.) IDTC 18 1/4 up 1 1/2, IGL 21 7/8 up 1 5/8, DO 28 1/4 up 1 3/8, ATW 23 7/8 up 1 7/8, NWAC 30 1/2 up 1 1/4 (sos), HAL 36- up 1 1/8 (sos), CDE 5 3/4, SDC 17+, BMG 4 3/4, FTL 18 7/8 (S), ISSI. 4 1/8, PHYC 8 1/4, LPX 19 3/4 (sos), SIF 13 1/4, PGO 17+, TEN 37 1/4, VRC 10 5/8, GGC 17 3/8, NOI. 13 1/4, MAH 13-, LFB 12 1/2, GLM 10 3/4, LSS 12+, ESV 12+, NBR 16 1/2, MMG 8 1/4 (sos), SIF 13 5/8, PVH 7 3/4, GKI. 3 5/8, HMY 7 1/4, PLC 5 3/8, PAH 6 7/8, HP 20 7/8, TLZ 4 7/8, TRMB 8, NR 6 13/16, NS 10 1/8, CTI. 8 7/8, RRC 3 3/4, WJ 24- (S), RTC 5 1/8, GKI. 3 3/4, GSR 1 1/4, ROP 21, BMG 5-, CTI. 9, NE 16 1/4, up/further, since last time here....

Note, more (sos) signals on already-up stocks, as more approach their 200 DMA or resistance levels....got that ? Also see, AMMB 12+, BNYN 17-, KLIC 25, KMAG 14-, LIPO 17-, SDTI. 28, RDRT 20-, HTCH 41, ADPT 25, GNCI. 20+, LRCX 28, OXHP 20, ANDW 19+, DIMD 9++, FDC 37-, PKX 21, CTB 21, TSM 19, AHG 11+, IKN 11+, IVX 12, STN 10, GCR 7, X. 29, MDM 6 (hit 200 DMA), higher still, from where I gave you all herein, near their saucer lows, earlier in 1998....also, DHC, revalidated....VIEW their charts to LEARN the Pattern....LEARN THIS: of interest, remember how, back last summer, we "bought" ADPT around 10., because the stock formed a nice depr. base, AND the co. laid off a bunch of workers ? It was another great "PSYCLE sm" buy signal....the pattern NEVER changes....

note: please try to appreciate, that I have some subscribers who want "real quick and out" trades, and others, who want the "multi-month holds for bigger potential gains" trades....by VIEWING the "higher still" list above, you will hopefully learn better PERSPECTIVE in the overall chart patterns, and what can really be accomplished at times, if one lets them....another, of many reaons why we are so against "day-trading": why anyone would limit one's potential, and increase one's stress, on purpose, is beyond illogic.

and/but, then, seeing many pullbacks, CBMI. 3 3/8, 2 3/4, TWLB 15 1/2, 14-, CSE 23 3/4 up 1 3/4, MPS 16 1/2 up 1, NWAC -1 3/4, MIFGY, TOY, HAL, NBR, PLC, WFT, ATW, FNL, JOB, CPU, MGN, GLT, COE, MCL, RON, ATX/A, ELCO, PMK, TXB, LSS, LWN, ESOL, LXR, PRD, SFSK, NPSI., HCM, SEW, PPP, HPH, JBAK, HBI., ADM, WEL, SRR, CCC, LYO, MPN, SUL, VTO, NGX, SSC, MCN, CCH, UPX, FP, IT, Oil Services, pb (pulling back)....some of these are also in "ms" list below.

New Note: many basing stocks are hitting, and pulling back S.T., from their "intrabase highs" hit late Nov., as I said above....some , if calls options, can be taken as quick % Gains, if one wishes, while others will likely arise anew after S.T. pb's....just FYI, and learning....again, a lot of this is based on YOUR situational needs. Some people want to take the quick-hit, others want a longer, possibly larger trade.

again, please do not be afraid of buying the "Real Depressed Stocks", even in pension accounts, always diversifying, with close stops.... Again, you Must buy at least a FEW, to increase your chances of being in the bigger movers....Lesson: there is NO such thing as "but, Jim, which 1 or 2 are your favorites ?" It is impossible, and illogical, to expect anyone to be able to choose just 1 or 2, out of 2,500 issues....maybe 5 to 10, long-siders, and also 5 to 10, put-siders, sometimes, but never just 1 or 2....One must also eliminate one's "PSY-chological need for excitement", and/or of "instant/S.T. gratification"

* and/but, these already assumed Longs, are acting weaker S.T., and/or must strengthen,
and/or must strengthen "again/anew", and/or must "break above recent high or else", and/or are sales on strength ("sos") to/towards/near resistance:
(some of these are also in "pb" list above) TGX 10, dn 5, AMLN, JDAS 8 3/4 up 2 (S), WS 1 7/8 up 3/8, VDC 4 1/2 up 1/2, DBRSY 14-, RMDY 15 3/8, PDE 8 3/4, RDC 11 5/8, LWN 7+, IAIC, IMO, GLM, JOB, MPN, FLM, BCP, CEI., FCH, HBI., WORK, JBAK, ESV, FHS, NOV, HPH, PMK, MWY, WKGP, MHR, MCL, CXI., LDW, GLT, SSC, MCN, TMA, ADM, TOX, LPX, NGX, AZC, TFN, WTT, NDE, CAU, BS, NR, and cheap Golds, Oil Svc., must follow- through.

5) Already given out in previous NL's, assumed Hypothetically long "Puts" positions:
(issues moving since last time, worthy of following-up, still remaining long in these long Puts, unless otherwise noted):

* too late to buy puts on these now, but acting properly, stick around:
 Puttables specifically given you herein, many which are Falling/further, read list carefully today: EBAY -37, MKL -5 1/4, SGP -4 1/2, LLY -4 1/2, LSON -4, SEPR -4, CLX -4, CACS -3, EAII. -3, INTU -3, BFO -3, CL -4 1/2, WLP -3, COF -3, CSC -2 3/4, HLI. -2 1/2, RSCR -2, IDXX -2, WIND -2, SUT -2, CG -1 3/4, BMET -1 1/2, FLEX -1 1/2, CDRD -1 1/2, NTLI. -2, FRO -1 1/2, MOB -2 1/2, AMT -1 1/2, PKN -1 1/2, DY -1 3/8, VL -1 1/4, AMTD -1, ASGN -1, AXNT -1, SYY -1, CFR -1, PE -1, WABC, COMS, NMGC, UST, ABT -1, D., down/further, just since last time here....also, note, ZILA fell anyway....and CPB -6 1/2 today....and also see 'bouncers' below....

* Note, how I, again, am giving you some Puttable stocks which are Falling, as most of "the market", and especially high-priced, name, quality-type stocks, rise, again....that I am among the very few, giving out ANY profitable puts, since early Sept. (and tons more, from March, and from July through Oct.) should be enough, yes ?

Note: these have always been listed, by "number of points falling", from most, to least...."(sow)" means, "Sell long puts On next Weakness, towards/near support"...."(S)" means sell/sold their long Puts right near here, and/or as in section (3) above....I follow-up every idea mentioned, for your benefit.... remember, these are NOT "overnite" trades, they take a little time to fulfill, so please have some patience, and no emotion, nor antsiness....let them do their thing....**** IMPORTANT, you MUST view the 200 DMA's of our Puttables, past and present, for their potential support targets/areas/prices....


* but, then, these, are acting too Strong, and/or are Bouncing, and/or must weaken anew, and/or are sales on pullbacks/weakness (sow): VRSN -9,+7, LLL +1 3/4, BVSN -3 (S), BGEN +3, FDX -2, CMA -1, AFS -1 1/2, FTU, MMC, MOB.


Remember, we either buy our Puts right up near each stock's high, or not at all....but you can still view their charts, to "see" previously formed/worked/aborted "PSYCLE sm" patterns, to hopefully Learn from.

6) Now--- Here are Other, still-Depressed, Long Buys, near their recent Lows Only, for potential Rises towards resistance, always Diversified (w/close stops, when/if their basing or "EVB" patterns break down):
Be patient here, and do not "force" trades, or overtrade, just because, PSY-chologically, you "want" to have "something" to buy long....do NOT be "antsy", relax....let the patterns come to YOU....also, there may seem to be "a lot" of stocks to review here, especially in the next two sections here....but that says how cheap many stocks have been at times, right ? Of course, near the highs in March, and July, this list was much smaller, yes ? It is logical and expected, after the recent mini-crash, That there have been/are more "EVB's", yes ? Also, remember, we do NOT "chase up"....only buy the ones You prefer to choose, which are still near their lows, with stops for protection.
"Potential Longs, by Industry Groups, for Rotation":some decent bases here, and many decent EVB's and double-or-triple- bottoms, (but, again, Not when/if any of these make new lows here, and, NOT if they are already "up", much, off lows, right ?):
NOTE: obviously, given recent pops, has gotten more difficult to find "depresseds still right near their lows", so keep that in mind....we'll sometimes pay an eeentsy bit more, but will NOT "pay up" much....

new potential Industry group: "Leisure/Entertainment": (besides, ELY, MWY, PAR, PIN, PRD, TOY), found several other real cheapies in the Mansfield charts, which I hope to share with you here soon.

Semis/Comp./Techs: please see "Techs", listed, in the "watching" section, just below.
(Y2K) "Year 2000": (SAA, UBIX, CMND, IAIC, MIFGY, ACLY, but Only near recent lows)
Prec.Metals (CBJ, BMG, CDE, DBRSY, GSR, TVX, GLDR, CCH, VGZ, CAU, ECO, BGO, AR, some real cheapies, riskier)
"Basic Inds." (Chem., Farm, Steel, Paper, Copper, Glass) (IGL, NL, HPC, BIR, CCH, RTC, MAH, CYM, CCC, FNL, GGC, VTO)
Energy/and Oil Svc. (add, IIR, to, GLBL, UTI., UMR, PDS, TRP, LYO, NBR, UPR, HP, TDW, NE, NOI., GLM, MHR, RDC, WEL, PDE, ESV, TRMB, FGI., near their recent lows, Only)
Biotech/Health/Medical (add, TAROF, COB, RBO, to, MATK, FHCC, CBMI., NHC, TWLB, FHS, NOV, GNSA, LXR, TOX, ULB, CCLR, IPIC, TOX, MPN, IHS, MT, VTA, TXB, VC)
Consumer/Retail/Apparel/Shoes (TSA, RXSD, GYMB, REV, NBTY, SRR, COO, PVH, PBY, SRR, HMY, KFI., MSN, UNO, BLM, GCO, HBI.)
Hotel/Gaming/REIT (ILX, PAM, LOD, HET, CIR, SER)
Employment (NRL, OLS, JOB, MPS, ESOL)
And, as I pointed out earlier here, some depressed R.E.I.T./Financials/ Mtg.-type/R.E., stocks, many with huge Insider Buying a while ago, some with very high "potential" dividends, may shape up ahead....watching, in no particular order, CPT, HOT, LSN, KE, JAMS, BD, LOD, PRT, SMT, OH, WDN, RTC, ACH, ARI., UC, FHS, NHR, BRE, PAH, AAC, ALF, AML, BNP, BOY, BRI., CPP, CRO, PMC, ENN, FBG, NDE, KPA, JPR, MAA, PMC, RFS, SPF, TMA, IMH, FP, MT, if you need some maybe's, on pullbacks only)

And, as I have been saying here, even though I have given you a ton of quick 50-100% gains, since Sep./Oct., do NOT expect as large rises off bottoms, as when I gave out similar "EVB" Techs, in the late '97/early '98 period (nor, from the late '95 to early '96 period....I was first/only to do so near their lows at those times as well), because there are NOT many "true bases" here--- just some with good EVB's....we accept occasional Q, small losses in some longs, w/close stops, along the way, to get to the Bigger Winners....Also note that many already popped stocks pulled back, after their recent/initial "dead-cat bounces". This is normal, and welcome. Hey, many formed better bases, double-bottoms, etc., right ?

and/but, Important: also, took these Off the pot. long Buy list, Before they might have been Hypothetically "bt.": SFY, --- were taken Off....These/they just need more work, technically, first, and/or are still making new lows....we do NOT "Guess" at bottoms....we want only the EVB's, which set up properly....we MUST also see the cathartic/high volume, in "PSYCLE sm" stage 7", first.

* The stocks on this next list, are also, still, Current, or, Potential, "EVB's" ("exhaustion V bottoms"), read that Booklet !):
Remembering ONLY to buy near their recent Lows (do not "pay up" much off lows), as "EVB's", diversified, w/close stops....these, plus the stocks listed above, and the "Newly Boughts" in Section (3) above, comprise the "total" complete long-side buyable lists in today's market.

We are Also "Watching" --- as potential EVB's/bottoms, near recent lows ONLY: add, BDE, CENT, CLCDF, CQB, HIV, ICI., IIR, KMG, MLP, NEV, PXD, RBO, SNT, VSNR, to, those listed in section (3), and those just above here, plus, (alphabetically by symbol) ACE, ALN, ALR, AOI., ARG, ATC, ATV, AXC, BDR, BEZ, BGO, BTC, CBJ, CEXP, CFB, CFS, CIEN, CPU, CXI., CYB, EAR, ELCO, FLM, GDC, GHM, GKI., GSB, HCM, HDG, HMY, HPH, IDTC, ILX, IMG, IMP, INPR, IO., IOX, ISSI., IT, KNE, KRY, LSN, LSS, LWN, MANU, MKA, MSX, NETM, NOX, OIL, P., PIR, PKD, REV, SCS, SEW, SHMN, SIF, SOC, SSN, STRX, SUPX, SWW, TFN, TGX, TIE, TLZ, TMO, TSA, TWA, UQM, WKGP, VTO, still, most all as "EVB's" (again, note, most are "Techs", with some "Finls., Foreign, Health"), plus, the Value Line issues: NSANY, DEMP, GNSA, OFIS, BUNZ, SEW, TSA, MGN)....some here, some Not just yet, as some still need more work, technically....and/but most, only on pullbacks towards lows....and/but, not any of these, when/if they make new lows or break budding bases/patterns....don't "force" trades....

*** NEW: these are longer, tighter depressed bases, directly from longer-term, 2 1/2-year, "Mansfield" charts:
health, medical/pharm. (AIMM, ALLP, MRII, NPRO, SCNI., TAROF, VMRX)
comp./tech./s'ware: (CSRE, GTSI., LSKIC, MIDI, OBJS, KTEC, PNCL)
telecom, etc.: (APAC, MRVC, PCTL)
capital goods: (DSGIF, FAVS, ISCO, JPEI., WAFTZ, WSTNA) (these are bigger companies)
Note, most of these have high $ cash/share, little or no debt, and/or earnings, for those of you who value those things....others are REAL cheapies/veey risky....there are others I am checking, with similar patterns, will let you know....mind you, these are NOT "very-short-term" trades....but some subscribers wanted some longer, depressed basers, so here they are....just providing something for every need....

**** The potential Longs above are chosen, First, by their EVB, or "base" technical chart patterns, then, I do do a "little Fundamentals research" on each, to make sure they are viable companies, with no "hidden time bombs"....Last, on some of these, you are going to have to stretch your time-frame out a bit, this time around, as some of these may, like after the last few mini-crashes, take weeks instead of days, months instead of weeks, to form any bases/EVB's, and/or rise, dig ?

7) other, still extended/potentially Toppy, "Puttables", near recent Highs Only, for potential Price Drops, using, Only, L.T., in-the-money Puts Only, Always Diversified, w/stops if patterns abort to the upside, for potential drops towards their 200 DMA's, or lower (NOTE: again, if they are already down appreciably from their highs, do NOT chase them down, right ?):

(re-read my "Downside/Puts" booklet) now, I add some more Puttables, again, after/into recent bounces:

Fuller, Potential Puts list, by Industry groups where practical, near their highs ONLY, do NOT "chase down":

note: this list supercedes all previous ones....these are the ONLY Puttables here, all others have been removed....note LARGER/growing list !!!
(banks/insur.) WABC, AFS, HIG, CMA, HLI.,
(comp./techs/s'ware) BSYS, NMGC, GPSI., MANH, INSS,
(telecom/commun.) CDRD, LLL, COMS,
(medical/health/drug) BMET, INHL, LLY, SGP, BGEN, ABT, IDXX,
(internet) AOL, EBAY, DLCK,
also watching: add, AGN, AMP, AMT, AMTR, BEBE, BSCT, BXM, CFR, CLX, CSGS, CTXS, DL, DLTR, DNEX, DOX, DY, EAII., FLEX, FNM, GDT, GMSTF, GTSG, HAN, HLI., IBM, IMNX, INKT, IONAY, INTU, LAF, MANH, MEDI., MM, MOB, MSBC, MXWL, NFS, NIS, PG, PKN, PL, PLH, RSCR, SAPE, SEGU, SEPR, SLR, SUT, SVU, TROW, TSAI., TXCC, TXT, UIS, WHIT, WIND, to, AMTD, CL, COF, CXR, DCLK, FDX, LSON, MKL, MRX, NAB, NTLI., PGNS, SSP, UFS, UNPH, VRSN, WAT, WLP, Food/Bev., big-name Consumer stocks...

**** the Best Puttable Industry Groups: added some Homebuilding, Consumer, Utilities, to, Extended Banks, Health/Medical/Drugs/Biotech, Insurance, Finance, Computer, Retail, Internet, Aero./Def., Food/Bev., High-PE techs, and all Tele.-Commun., in no particular order, as the most probable Puttables, near their recent Highs ONLY, w/close stops above their patterns....also, note how we are revisiting some of our past Puttable stocks....

additional note: there are also a plethora of big-name/biggest recent gainers, possibly forming V.S.T. "EVT" tops here, and are certainly now due for corrections....too many to list here....but you get my drift....

8) "PSYCLE sm" Lesson for today:
Besides all the previous Lessons you have hopefully gleaned from all my past materials, NL's, ideas, and my (7) educational Booklets, I promised I would re-run "the seven sequential stages of my "PSYCLE sm"", and, from 12/7 NL, through the 12/28 NL, I did so.....refer back to those sec. (8)'s any time.....hope they helped....but NO special "lesson" today, except to re-read recent explanations of stages 1-7....take that time to VIEW charts from section (3) and (6)....

NEW NOTE: just a quick reminder, that, as per the green "Guide", a stock herein may certainly be found, in 1, 2, 3, even 4, different sections of my NL at any given time....this is logical, and helpful for you....example: it may be in sec. (3) as a new buy at a certain price area, and, in sec. (4) if it has risen decently from the bought level, as I follow-up its movements for your benefit, and, still in sec. (6) as a buy when/if it pulls back to its original suggested buy level....This is a GOOD thing for you, NOT a bad/confusing thing....A stock might have risen, from, say, 6 (sec. 3) , to 7 1/4 (sec. 4 follow-up), then is pulling back again (sec. 4, next paragraph), and, when/if it pulls back towards 6 asgain,. without breaking its original pattern, is remains a buy (sec. 6)....GOT THAT ? It is very simple, as I have said umpteen times: all suggested stocks remain actionable when/if they remain/return to original prices, in the future, provided their original chart pattern is still intact.....period.

Plus, as you have seen among "repeats" in sec. 3, often, a stock WILL return to its original actionable price levels, and some will end up "revalidating" after initial slight breaks of patterns, whcih is also of little consequence, since your transaction costs are so low, and you have eliminated all emotions from the process, you can always get back in, at those times, yes ? (plus, as I taught you, we give a bit more 'leeway' at the special year-end period, employing a bit less strict/tight stops, right ?)

Remember, the time length of the full trip from stage 1 through 7, can be one year, or ten years, or 100 years, depending on one's desired perspective....A stock can be in one stage S.T., and another stage L.T. Now, one cannot have "everything", that is, we try not to turn a S.T. position into a L.T. position, and we never even try for "potential 10-baggers over several years"....One must decide beforehand, whether one expects a S.T. trade or a L.T. investment....But at least knowing the normal, usual characteristics of each sequential stage, puts us way ahead of "the 95 %". I use 1-year and 2-year charts, period, because we seek 1-2-3-month patterns, holds, and moves, and NOT overnite, nor daily nor intraweek moves.

Remember, WE tend to ONLY trade long, from stage 1, into stage 2, with stops, and often miss potential stage 3 rises....and we try to Only get Puts at what we think might be a stage 4 top, with stops, and often miss stage 6 and 7 drops, but more on that later....The highest-reliability, reward/risk plays, are in stage 1 and 4, even with occasional stops triggered.
IMPORTANT: people keep trying to "formula-ize/computerize" my "PSYCLE sm" process, which, as I keep saying, is a fruitless waste of your valuable time...."just get close(r)", and do everything else correctly....The KEY is just plain learning the simple VISUAL chart patterns for each of the 7 sequential stages in my "logo chart" on my webpage and on the front of every Booklet, then adding the "sentiment" nuances of each stage.

As Repeated in Every NL:
As I keep reiterating, It is also still better most times, to, 1) buy "some" stage 1 "PSYCLE sm" stocks, in depressed or EVB chart patterns, when their "news seems so bad" but their patterns show EVB's (and have occasional, small, cut losses), than to never do that at all....Because, historically, and as you have seen herein, any small, cut losses, will be more than overcome by larger % Gains, over time, off those EVB lows, when one properly Diversifies....and, to, 2) TRY at least "some" "Puts/options" the opposite way, near their Highs only, when/where suitable, than to never do any Puts ever....always diversifying properly, with close stops....no emotion.

Remember, "PSYCLE sm" stocks tend to move much more INDEPENDENTLY of any/all "external" stuff, than "the 95 %" incorrectly believe....one does Not "need" "events" to happen, in order to exploit normal, probable stock price moves.... this is a Good thing....One Key is to have the strength to Buy, when there is a "scary story", provided the stock pattern is intact....Connectedly, realize, by nature, there is SUPPOSED to be no "sexiness" in stocks/groups, near their lows, in bases, nor EVB's....they only become "sexy", After they rise a bunch, right ? and, by then, it is/will be too late....One must buy into NON-sexiness, into NON-positiveness, into "fear", when the patterns are intact, right ? Also, buying PUTS options "the Psycle Way", can be viewed as just plain intelligent/ logical, and proper, as just "insurance" or "protection", as well as for direct profit at times, yes ? The March tops, and July tops, and drops, have proven that yet again.