1) "PSYCLE SENSE sm": new:

Wed., already getting some bounces in old and new longsiders, neat....especially the Techs., which I, again, could not get enuf of my people to buy down here....amazing....I dunno, but that "after the 1st hour or two, Wed.", may have been 'a', if not 'the' S.T. bottom for a while, in many techs, energy, telecom, and other ideas, with several 'fobd's' in evidence, as usual, around turning points (see sec. (4)....of course, we never 'do' 'averages/markets', us doing much better buying specific stocks and I.G.R. issues WITHIN indexes, etc. now, I don't expect a huge rally, yet (that may occur L.T., as I said, after more pb's, etc., to turn-off the '95 %' -ers more), but I would have bt. a bunch of depresseds Wed., and still today, near their lows, with stops....

This, of course, PLUS still having a bunch of Puttables from herein, simultaneously....and anyway, while I never hang my hat on such simplistic items, a 50 % retracement from 9/11/01 lows to recent highs, would put DJIA to around 9,150 and NASDAQ around 1,750 , when and if....and attendant gloom then sentiment-wise, if so, would be a nice buy opp., then, if at all, even for already-up ones pulling back....but Me ? as usual, I never 'scenarioize', nor 'wait for supposedly all-planets-lined-up moments' to act, but outperform so often along the way, by taking advantage of ALL foreseeable up and down moves from long-existing high-probability patterns, regardless, weekly, regardless/independent of any 'index' stuff, yes ?

another small sign of a potential S.T. bottom (plus, of course, our 'after the first hour or two the 2nd day of the week after nice drops previously' one), as the Rydex Ursa Funds 'ratio of $ in and/to $ out' (those are bearish M. funds, recall), is as low as usually historically marks S.T. bottoms, with their investors perhaps getting too bearish too fast, again, dig ? Most of 'the 95 %' still super-bearish are people who missed the big drops from Y2K, and missed the EZ rises since 9/11,. yes ? So, recommending staying 'split', and/but more fully invested....

always try to also VIEW charts of the ones we 'just miss' to learn the patterns even further, as they were also given herein specifically as well, yes ? more proof of "PSYCLE sm" power/value....

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

a) Important Industry Group (Rotation) notes:
1) neat, getting a bunch of new rises among our depresseds Techs....and 'fobd's', which are almost always good, as i have been inferring...once again, I was among the first few to buy after recent pullbacks, when 'the 95%' turned-off again, as usual.... 2) an agreeing-with-me article, recent Futures Mag., "Bonds on bearish track....breaking lower....", shows double-top in T-bond, from 112 in Fall '99, down to 89 in 1/00 (as I predicted and reported during, herein), to 112 again, most recently (but I was initially wrong expecting a top around 107+ herein recall), to 105 so far....any rallies in the T-bond should be constrained by that resistance.... 3) in same issue, another article, "slowly I turn....", showed a potential L.T. double-bottom in yields (i.e., double-top in rates, dig ?), in the T-note....was 15 % when I called yield top back in 1981, then a V.L.T. decline in rates to 4.5 % (called herein in 1994 recall, getting venom from others as usual), a rise to the L.T. downtrend line at 6.75 % 1/00 (see just above), and another drop in rates to 4.5 % recently, for the db....any rise to over 6.75 % would be a real problem....

4) that same Futures Mag. issue, showed L.T. chart of price of Oats commodity, and that bas I mentioned, even on TV, in 1998 and 1999, and again in 2001, and, recently, unreported anywhere interestingly, a rise thereafter and breakout, big-time....neat....ditto the recent predicted-herein-near-lows rise in cash Cocoa....

b) more, misleading, sensationalized, Late, and/or improper/incorrect comments from the Financial Media, Reporters, etc.:
1) evidently, the pres. of SEBL and ROOM were on biz. mag. covers recently, as, supposedly by them, 'having bullish futures again' for their copmpanies, dig ? of course, I will see that, plus their chart patterns, as S.T. puttable negative, dig ? the pattern rarely changes, they hated them at lows....dgms.... 2) as more homes are for-sale where I live, I do see tons and tons of upogrades and cosmetic work being done on local homes....cannot figure out what that means/potends, except that, I guess, either people have $ and are spending it in hopes orf recovery, or, they are spending their equity in the same hope....either way, may not be so good, vs. other ideas and investments....or maybe, as I first wrote in 1981, Californians are just plain choosing to remain more-ignorant-than-they-have-to-be about cycles, and liquid financial alternatives to RE....

3) saw V.L.T. chart of the Nikkei, and, interestingly, it took 17 years from the Nikkei to lose -70 %, and/but took our NASDAQ 1 or 2 years to do the same, dig ? My big given-out herein and on S.I. Gains, then QSL, thinking it had L.T. bottomed in 1998 (and gave you tons of BIg Gains in Tech. stocks as U know), were unltimately incorrect, but people had made a mint off my ideas, even then.... but breaking under 13,000 on the nIkkei in 2000, now leads me to watch for a V.V.L.T. potential double-bottom in the 8,000 area again, back to 1983, see ? and I already have given you some Japan stocks recently, so we shall see....if true, I will, as usual, be among the very first few to give them out....and 'the 95 %' will, as usual, hate them up their first +50 % in stock price rises, yes ? P.S., as I have taught you for years, another chart showed Interest Rates in Japoan falling - get this - from 10 % in 1990, to almost ZERO, now....yet, as more proof of no 'linkages' (re-read my booklets), no economic recovery there, still, yet....what, are rates gonna go to negative ? yeah, right....learn the poattern.... 4) Friday, the ignorant gal reporter on CNBC (a given ?), misled again, saying, "on new allegations of accounting irregularities, KM stock got hit quite a bit, -9 % to 0.80".....uh, honey, had it not ALREADY gotten 'hit big-time', falling from 5+ to 1- ? the Media messages never change....

c) more incorrect/misleading/sensationalized, and/or improper comments, from Fundamentalists/Companies, newspapers/magazines, etc., vs. illogical/Contrary/Unlinkable, past/present/future Economic items, and/or stock price moves:
1) recent LAT article on Enron, correctly pointed out proff of my PSYCLE tenet, that even pros, do not even begin shorting, until way too late....a chart showing ENE short-interest, had almost none, all the way down, during the 1/00 to 9/01 period, while $ 80 to $ 24 on ENE....then, some more in Oct. & Nov. '01, and only a ton, 87 mm shs., in Dec., by which time ENE was already down to under $ 1.00 (why short there ? dgms) but, of course, Tom (dgms) Petruno interviewed Greg (known for being pretty-much bearish most all the time, much of which time stocks rose during) Tice, who said, ionterestingly, that the amount of investment $ his fund has attracted after each big market decline, has DECLINED sequentially, proving by me, that 'the 95%', and even professionals, refuse to exploit the downside moves anywhere near enuf, still....leaving more $ for those of us who do, yes ? Human Nature and physics never change....Last, the number of shorted-shares on the NYSE & NASD, HAS risen steaduily, from 7.5 billion shs. in 1/00, to about 10.7 billion shares 12/01.... but very little of it occurs near tops, dig ?! oh, and the author only found one mgr. who shorted ENE, and would not say at what price, nor if he had covered, and would not give his L.T. past T.R....

2) as I mentioned herein, as CNBC and the finl. media finally slammed TYC at its reported-herein-first-only potential triple-bottom, right at its lows (recall, I was, as usual, the first/only to 'put' it herein at tops, yay), TYC stock ROSE +20 % in 2 days following - as 'the market' fell....chalk another one up to my "PSYCLE sm", vs. others.... 3) heard recent anectodal evidence of S.T. bottom in So. Calif. R.E., as a condo in my complex, smaller than mine, just sold for more than I paid for mine, and another home nearby, rose in value, not fell....could still be pent-up demand with lowish inventories ?, but plenty of home remain in the market for sale around here....

d) more, likely late, incorrect, and/or misleading, comments, from Brokerage firms, NL writers, Analysts, economists, Money Managers, etc.:
1) while he has not been VG at timing advice, recent Tobin Smith e-mail mentioned TGIO, like, TGIF, as, "Thank God I'm Out (of stocks), dig ?, he has been hearing for a while and believes will continue hearing for a while....of course, my contrarily-right-so-often "PSYCLE sm" views that as, "people who failed to sell anywhere near parabolic tops, AND failed to buy anywhere near 9/21 bottoms", ay ? so, hearing TGIO, to me, is kinda bullish, not bearish, sentiment-wise, dig ?

e) more general, political, misreported items proving why one should probably ignore 95 % of everything else out there:
1) VG editorial in recent LAT, "why insiders get rich, and the little guy always loses", proves more of my "PSYCLE sm"....citing Enron illegal guys, of course, it at least cites our own govt.'s 'culpability', true....and recent past similar cases among WMX, CSCO, ORCL, SCO, where insiders got out of 'created-by-them low-cost stock options' (who are these people ? and how can the rest of us become some of them ?), while companies were misleading Billions out of investors with incorrect financial figures....re-read my booklets....worse even, while their own employees were not even privy during those periods....next ....bad values and greed....two things we will never have....

2) more editorials in recent LAT, about ENE, "the feelings are not mutual ....cozy talk from the mgrs. of our retirement funds cannot make us feel better about our losses", and, "Enron needed a level playing field....hefty cash flow of monopoly utilities was not due to a free market", correctly continue to point out PSYCLE-tenets about 'the way way things have always been' in the big-time corporate arena....interviewing a big Fund mgr. as saying, "if a stock falls 20 %, I sell", asking him, "then how come your portfios fell by 50 % ?", showing even the writers ignorance....when that mgr. said, "we never wavered from not allowing headlines to dictate our decisions", the writer asked, "so thats why you never use stops, and held onto Enron all the way down ?"....when the mgr. said, "we take a closer look at the valuations of companies whose stocks we held all the way down, after they are much lower than we paid", the writer asked, "how come you did not know you were wrong, and protect your investors at much higher levels on the stock ?", etc. I have taight for decades, that the same old tired cliches and lines from financial and investing people have always been questionable, but no need to recant more on this subject herein....the writer even asked if "bad english was an elective at financial colleges"....next....never mind, no ethics by A.A. nor ENE....

and, the 'hefty cash flow' editorial, and the payoffs and lobbying among this, and all industries and our misleading govt., highlights govt.-created monopolies which distort free market capabilities, regardless of what transpires....I have always corectly taught, that normal, sequential, sentiment and chart patterns supercede the effects and clues derived from any real or perceived 'external' elements, in future stock price move predictionability....the govt. helped create the very cash-flow-situation which Enron deceived about....next.... 3) meanwhile, recent front-page LAT story, "Enron is proving cotly to economy....$ 12 B. of projects put on hold (postponed), any shortages would fall heavily on consumers ....plans to help natural gas supplies are being cut back dramatically", prove my "PSYCLE sm" once again, and, of course, when we again have shortages and way higher rates this coming summer, well, you know what the causes were....and it may be tougher to get financing for energy stuff, forward, for a while, compunding things....for the umpteenth time, if they had just left most things alone 3 years ago, we'd have more plants big-time already....and lower prices....dgms.... and, Enron execs leaving were given avg. $ 100. K, plus bonuses (dgms), while employees being let go received just avg. $ 4.5 K each....while they were told they HAD to hold their ENE stock, unable to sell, in pension plans, "while the co. changed administrators"....nice system, huh....

4) and what a shock it was to find out that so many politicians (dgms) were paid-off with Enron donations and lobbying stuff (dgms), that oit is difficult to find Dis-associated litigators.....not.... 5) recalling my anger at national taxpayers having to pay for winter olympics with no say, recent LAT reported SLC, Utah, seeing less interest and revenues from the gaimes than expected, to which I say, unbelieveablly nasty anti-american-taxpayer crap from our govt., agree ? Tickets are being offered at way less than face value, accomodations go begging (hurt by airline overraction, of course, dgms), but at least SLC itself already presold a ton of stuff, so should be OK, but I object to the hype and havbing my tax money pay for it....'nuff said....since hosting cities benefit the most, they should bear 100 % of the burden....any additional money should back our dedicated, sacrificing atheletes only....

6) and a new federal study evidently, said that "Orange County, Ca. had the lowest % of smokers, nationwide"....believe it ? ....7) according to recent PARADE mag., "about 10 % of all cell-phone calls get 'cut-off' during....dropped calls, dead zones, clogged networks add to frustration for users....ATT, FON, VZ, lost $ 3.5 B in 2000....why ? experts think the problem is (me: get this one:) too much competition....Europe has onlyy about 4 cell providers per country....the U.S. has dozens and dozens, even per CITY....of course, our calls cost 30 % less (uh, huh....), and we spend twice as long on our phones....what's the answer ? our Fedl. Govt. may allow providers to MERGE, creating just a few large national carriers....the hope is that by combining resources, calls and service will be better - and still cheap." Well....gee, whose the economic numnuts who gave PARADE that crapola ? the illogic and incorrectness of those statements staggers me....well, I wonder, is 10 % a bad amount of problems for a relatively new technology ? My computers only work about 90 % of the time...you ? ditto my cable modem, software, car engine, etc., perfectly....gee, so, let's make every industry with problems, an oligopoly....put tons more power into fewer company hands....like, oh, the Energy biz, the computer-making biz, and hundreds of other industries....steel, pro sports, need I go on ? let's prevent competition, let's prevent many entries into fields, with possibly newer and better approaches , products, and services....what's that called ? oh, yeah, communism.... next....

7) and bottom line on Enron mess: as I correctly and valuably first started teaching decades ago, to deaf ears as usual, we have still more proof, that even CPA's and people WITHIN many companies, are unaware what goes on - never mind that those financial items are of little or no DAFPPV - making good technical and sentment analysis still, the most valuable DAFPP factors around....I rest my case yet again....and I read VG analysis by a CPA named Richard Wayman on Multex, regarding Amazon's supposed 0.01 'profit" (dgms) recently, as totally 'temporarily manufactured by accountants, etc.', B.S. ! re-read my Booket....and also proves how overrated CPA comapnies have always been, how even they don't know much about future stock price prediction, and how millions of people are deceived daily....'nuff said....stay with our human nature and physics, foremost....

8) obvserving the vice chairman of Enron committing suicide, I reiterate, if they all had been more Yogic, none of this would have been created, ay ? he evidently was "complaining about ENE finding allegedly illegal and immoral ways for Enron to not have to pay income taxes in 4 of the last 5 years", according to CNBC, Fri. 9 am....this should help the movie and TV stpry, yes ?

So, as you have seen, for years now, how well one does, often, just "doing" the best 'individual' stocks, and rotating Ind. Groups, chart-technically, and 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 for you, 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....all % percentage 'Gains' are just logical ESTIMATES for L.T., ITM options, where exist, and/or on Margin, where no options exist....