1) "PSYCLE SENSE sm": new:

Even as I continue to give out a plethora of mostly Gainer Longsiders, and recently, more Puts Gainers, the recent 0.39 % put/call ratio was kinda low historically again, and near its 8/31/01 level, which is interesting....a technician/trader I do respect, has been hoping for/expecting a "last down spike then a bigger rise" for weeks now, so perhaps he will be correct soon, but I know not if he employs such readings/indicators....we continue to buy bases and put umbrellas....

D.G.'s 10-day A/D Osc. has formed a S.T. triple-bottom....hmmmmm....as many Techs and other stocks pb within longer bases now, as expected, note how some names are re-appearing on lists in sec. (6) and (7), as taught in my IGR booklet ....this is one of the any nice exploitable things about my concept, yes ?

I have alluded to the 'after-9/21 period' as semi-similar to the 'after the 1987 crash period' in pattern, and, so far that has been pretty rtue....as usual, i was among the very few/first tosuggest that back a few months ago....anyway, current especially-depressed-Tech. stocks, in many I.G.'s, chart patterns, still do look that way: initial rises, leading to kinda-sideways potential-consolidation patterns....I have never been a stock/O'Darvas fan and certainly respect anyone who has done great consistently employing his stuff or offshoots of it, but might current pattern be kinda 'saucer-with-handle' types for many such stocks ? if so, that would also confirm my opinion that, after current pb's end, we have still higher levels coming, which would, as usual, of course, run counter to 95 % of all analyst, economist, and investor feelings, yes ? which would, as usual, be a potentially good thing for our activities herein....we shall see....as we never 'scenarioize close-mindedly' of course, and always have stops, properly diversify, and have some puts, we should continue to outperform most all other approaches, forward....stick around....

but meanwhile, getting some surprising, disappointing small cracks S.T. among some longsiders, very little portfolio damage, but not good nevertheless....but we continue to recommend taking many quick, large % Gains, holding plenty of cash balances, puts, and picking off longs as they re-enter buy areas, yes ? this may be among the very few times historically, when what the indexes and/or the NASDAQ do right up ahead, may actually matter, since so many Techs. are on the goal-line....and, as usual during periods like now, we have some QSL's in some Puttables, even as we have a plethora of QLG's in many more others....

according to CNBC's legal insider-activity-guy, Mon., 2001 was the worst year for the 'ratio-of-insider-sales-to-insider-buys', at 17-to-1, in history....normal historically has been around 5- or 10- to 1....and, just FYI, as 'the 95 %' believe NO more I.R. drops are due from the Fed, forward, as if that would be a negative, recall that, as I reported herein all during, 10 consecutive I.R. drops did not automatically translate into constantly rising stock prices, dig ? read, my booklets, NO 'linkages'.....

oh, and to why I have included many pertinent "PSYCLE-p.o.v. items" regarding Enron recently, besides teaching people that patterns rarely change, the point is, that at least 95 % of everything in, surrounding, and resulting from, Politics, period, combined with 'what many big corporate people do besides their products and services', is not VG for the country, or the masses....yet, my system remains the best ever devised, and provides at least the ability for a small % of people to accumulate some serious coin at times....but, of course, If 'the 95 %' (or even 5 % actually, but I digress), actually knew about, and how to, and did, employ, my "PSYCLE sm", things would be different....but, as we all know, they never will ....so patterns will remain the same (i.e., in just one example of tons I have reported over the years, parabolic rises crashing often thereafter, etc.), whichism in a way good for us, but frustrating often....

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) included in newly addeds in sec. (6), more depr. Utilities, many Heathcare-relateds, Auto/Truck replacement parts.... and re-added some Oil Services/Energies, which reversed up surprisingly....and Biotechs opbo, ahead ? I am certainly the only guy seeing this possibly emerging....no one out there cares about those groups much, dig ? ....2) and/but, some Toys and Homebuilding-relateds, may abort their toppy patterns, but never 'bt.' any of those herein anyway.... 3) recent Ticker Mag., chroinicled how mediocre L.T., Gold M. Funds have been, even during 'recent years' crises', such that their 5-yr. avg. annl. returns have been, even including 2001's , +30 to +40 % rises so far, about -10 to -13 % a year.....interesting, huh, considering close-minded, mostly-ignorant long-term misleading, selfish, not-helping-millions-of-people Goldbugs, continue to poropagate their drivel month after momnth, year after year - and 'the 95 %' continue to actually buy their output, vs., guys like me....amazing, huh....anyway, proving my "PSYCLE sm" even further yet again, note how Ticker Mag. only profiled Gold M. Funds, AFTER their had risen that +30 to +40 % already, late/high, as usual, dig ? so, more evidence that the patterns will NEVER change....learn to take advantage, and enrich everyone around you....last, Ticker Mag, recall, also only profiled "shorting-type M. funds like Rydex Ursa", only AFTER big market declines, near the lows of late Sept., right ? again, the pattern NEVER changes....'nuff said....

4) and, the mgr. of the often shorted Rydex Funds, actually uselessly said, "chances are that stocks will bottom out somewhere...." Gee, guy, did you you go to college to get such a waste of time non-opinion like that ? amazing....and, last, all Rydex Funds assets are 'only' $ 100 mm, super-small, and way less than their reputation, huh....proving my "PSYCLE sm" opinion again, that 'the 95 % of even pros within the investment business will NEVER change their approaches, hence, the pattern will never change....still doubt my stuff ? ....5) 'if', one did 'link 'no more I.R. drops', the Banks, Insur., etc., puttables I have continued to share herein should work OK from recent highs, yes ? if you are not in them yet, why not ?

b) more, misleading, sensationalized, Late, and/or improper/incorrect comments from the Financial Media, Reporters, etc.:
1) excellent froont-page headline, recent LAT, "Media missed clues to Enron's troubles....signs of troubles overlooked....Media ignored red flags....", (well, duh....), proves my "PSYCLE sm" yet again....the ignorants in the media actually asked how Texas itself could have missed this story (well, duh, again, right ?)....'nuff said....once again, it is inherent in the Media that they MUST miss, and/or fail to predict, most all emerging trends, until too-late to profitably (re)act later....then they get too-bulish near tops, too-bearish near lows, etc., so, read MY guides instead of the news, go opposite 95 % of the news, and one will be rewarded most often....you hae seen tons of proof of this, and my concepts, in the last year alone.... 2) well, I was wrong on my little V.S.T. thoughts last time here, never bt. it, was just watching it as a possible test....forget it.... 3) and another sign of the pending end of civilization as we knew it, as one of the best comedy shows on TV, "The Daily Show", Jon Stewart interviewed CNBC's Ron Insana, a truly boring and incorrect and often misleading guy, of little or no personality, mostly about Enron....of interest, Jon did press Ron about, "how all the Media, finl. stations, and analysts miss all that happened as it did, with Enron ?", so continuing kudos to TDS....seriously, Jon was surprisingly sharp and knowledgeable about the shananigans involved....we would probably get along....

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) reading more articles about, as I was among the first/only to suggest, how our wonderful misleading inefficient govt. "budget is likely to see more red", L.A.T. chart showing, "vanishing budget surplus"....and I read recently, "we are no longer on a course to eliminate the national debt"....well, duh....thanks for another damaging incorrect misleading deception, folks....'nuff said.... 2) in recent article, the LAT said K Mart's BK. ch. 11 filing listed $ 16.3 B assets and $ 10.3 B liabilities....gee, they have around 500- mm shs. o/s, divided into supposedly $ 6. B net, should yield a stock worth, what, $ 12./sh. stock price, vs. today's under $ 1.00, yes ? as usual in accounting (sic), something smells....another reason not to employ only ephemeral fundamentals in stock price timing, right ? ....3) once again, 'initial cliams for unemployment' fell again, counter to what all the 'experts' hhave been incorrectly continuing to predict - as I was all-but-alone in inferering near our economy's bottom, herein....

4) as Congress, etc., evidently now fights another yesterday-war, pushing for audit-reform (gee, I guess they will not-solve this situation, because of lobbying and coflicts of interest, as they have not-solved tons of oither important items in our great nation, yes ? but the Media will, as usual, over-cover this 'news', ad nauseum, hurting the process, as usual, huh....and the powers-that-be will continue to take advantage of the system they created, to the often-detriment of millions of people, yes ? next.... 5) and S & P itself, vows to change its credit-rating process and respond quicker to up/down/grades....more timely, and add more commentary, explain how and why things are happening, more, more details on third-person financing, clauses in financial statements, reasons, etc. Sounds good on paper, but I wonder if implementable for real, we shall see.... because, as one fund mgr. said, "I don't see how they can improve the process, since they are inhenrently influenced by stock-market and brokerage-firm and govt. pressures already and continuing." Touche....

6) do people realize how almost not much good gets done until after the horse has left the barn ?, I have been teaching anitcipation vs. reaction, for decades.... but, then, I don't have my output read by 100 mm people, as it should have been all along....a last comment I read regarding Enron, etc., from recent LAT, "Relaint, Dynegy, El Paso, and Enron, have been called, 'the Louisiana Street Mafia', by locals, for years...." Wow, that pretty-much says it all, ay ? That, plus US Army Secretary T. White, who did disclose in 5/01 owning - get this - over $ 100 mm in Enron stock and co. options, sold $ 12 mm of stock when around $ 30., in advance of 'the real bad stuff'....neat, huh....his Army pension pays him only about $ 1,450/mo., so Enron 'gift' was a nice addition, ay ? next....

d) more, likely late, incorrect, and/or misleading, comments, from Brokerage firms, NL writers, Analysts, economists, Money Managers, etc.:
1) very recent list on Mulktex of 'the most recommended stocks on wall st.', lists, BSYS, OVER, COH, NKE, VLO, GPT, EAT, AN, FLWS, GMST, HPLA, IMMU, RACN, AOLA, KNSY, TREE, PQUE, NTCT....now how most are up, and some are actually on my puttables list, as usual, right ? but a some are depressed, hmmmm....wish they would have listed the L.T. past T.R. of the 'recommenders', dig ? but the pattern rarely cxhanges.... 2) as I previously reported when he was, again, too high/late and useless in his 'perhaps a buy' non-help, earlier, that analyst Richard S. from the Jos. Stephens firm, was again on CNBC, Fri. 12:27, again, still not long since after 9/21, puzzlingly to me....he awaits further, complete, upside breakouts above all recent indexes recovery highs....but neither predicted that, nor gave any past T.R., so, once again, CNBC has a useless guy who helpes no one, instead of guys like me....amazing, huh.... and millions of people fail to get lifetime benefit....

3) semi-perma-bear B. Schaeffer is at it again, only after the fact, citing 'reversion to the mean' in the DJIA, as its suggestion of a 8,250 DJIA ahead, to counteract the above-avg. rise until 1999-2000, etc., whichis of course, ridiculous, since those guys first postulated that nonsense, back when the DJIA started outperforming historical bounderies, about 10 years ago (dgms)....anyway,he did mention, again, the very0low-historically, VIX/QVV volatility readings last week, as 'portneding a huge breakout', but neglected to prove in which direction he expects (he hopes for downside, of course)....

e) more general, political, misreported items proving why one should probably ignore 95 % of everything else out there:
1) recent LAT article, "report says biotech/biomed ind. remains strong in Calif.", said the avg. wage paid to said workers was, get this, $ 64. K last year in Calif., and that 225,000 jobs existed in just that I.G. in Calif., and $ 6.4 B in state exports, and no recession there, ay ? ....2) saw great full-page ad LAT, about C-SPAN ("offered as an inexpensive national public service") channel's 'nubers', compared to blithering TV stations and othr venues in the U.S., was shocked....90 % of C-Span's viewers vote, vs. only 50 % nationwide ....C-Span's budget is $ 36 mm/yr., the NY yankees' was $ 110 mm....wekly audience for C-Span was 28.5 mm/wk., for 'the West Wing' showwas 17. mm....more homes receive C-Span than the total # of USA homes receiving MTV....and ZERO taxpayer dollars ever received by C-Span....just something to ponder and discuss....

3) that Enron suicide guy had evidently sold $ 8 mm of stock, at much higher prices....hmmm....but so did other insiders.... 4) another wish-I-didn't-have-to-mention item, as, evidently, China metal companies have been buying the WTC metal ruins as 'cheap, quality metal and steel'....families of the tragedy are upo in arms about it....regarding US-China relations, people's senisitivty about all WTC items, interesting that, fact: most of the steel IN the WTC buildings, was - get this - made in, and ordered from, China, in the firstvplace, providing US, with 'cheap, quality metal', dig ? how do YOU see this item ? food for thought.... 5) congrats to the grand jury exposing how many law firms have been actually paying people to join shareholder lawsuits against fallen tech. stocks....good, I hope they hurt those firms, big-time.... just another bad item in our still-great country, against many things, attorney-wise....seems a more valuable, constructive action would be to help and teach people how to take advantage of repeating patterns, yes ? next....

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....