1) "PSYCLE SENSE sm": new:
Boy, right again - as many already-bouncers ran smack into expected resistance for pullbacks....neat....as usual, big headline in 1/23WSJ, "Seems Like Old (Heady) Times Again", was as good a S.T. top sign for big bouncers as we get, PSYCLE-sentiment-wise, yes ?

For the first time I can remember, since after 1987 crash, I see a plethora of S.Y. cups-and-handles abound, especially among Techs of all types....of course, the question is, will most/all just correct sideways-to-down a little while, then have measured-move renewed rises ?, or, will more than some pullback all the way towards their recent lows again, before rises....note, in NO case did I say (see below) that tons of new lows lie ahead....of interest, some Techs may end up doing what PMMCS just did - fall big-time as I predicted from highs, bounce from predicted tax-selling lows, fail and form double-bottom, etc., see it ? but I expect OUR stocks NOT do look like that, but more, to just base, then rise....

excellent, exploitable I.G.R. occuring, as diff. groups take turns S.T. topping and bottoming....one of the reasons I became so bullish Dec., the low number of new 52-wk. NYSE lows, remains real low, under 10 new lows, daily, for weeks now....yet, while the Amer. Exch, Index broke out/up, the NASDAQ's 10-day A/D oscillator still is at a resistance level....yet the NASDAQ index still looks higher immediately....yet, TONS of rallying-techs are already around their 200-DMA resistanc elevels, as I have said recently....gonna be VERY tough going for them, S.T.

with a decent time where so few '52-week new lows' exist, I am hoping to get some time to check how long historically such periods have lasted....but, another blue-blood analyst on floor, Mon. noon, said, "if the Fed lowers rates 1/2 %, then it's full steam ahead"....uh, oh....as I surmised recently, do not eschew the Put side completely, as there is now room for diasppointment, ay ? and/or, sell-some gainers on-the-news-rally-that-day, yes ? regardless, keep buying more still-depresseds....I.G. rotation nice, still....

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) just as I figured, XOM, TX, CHV, ENE, etc., all came out with all-time earnings, etc. - but, as you have been taught endlessly, 'if' fundamentals meant anything od D.A.F.P.P.V., wouldn't their STOCKS prices (two different things, right ?) be 2 or 3 times current ? did you know that XOM had tons if Insider selling near top ? gee, never heard that in Media, ay ? next ....oh, and another nail in the "Energies are probably done" coffin: Thu., Enron's pres., on CNBC, just hammered positively about "blowing away all competition from here", a sign of emotional hubris normally leading to disappointment in the stock, PSYCLE-wise, yes ? the pattern rarely changes.... 2) I seem to have been the first/only guy to notice little saucer forming in the "DJ. World stock index" - i.e., Foreign, yes ? exactly as I figured....note, I am adding more and more "Intl." issues, depressed....already rising, asnd, as usual, NO one else is mentioning it - yet ....3) note getting expected bounces among my depressed Regional Bank stocks....even, as taught you in my Booklet, other Commercial Bank stocks may be in a topping phase, as 'the 95 %' waste time pontificating on what I.R. cut the Fed may effect ahead....which has tended to be meaningless, as a D.A.F.P.P. factor, as you have learned, right ?

4) a plethora of previously-given from highs Puttables, are popping back up towards highs, and may again provide puttable opportunities, will be watching them closely....mostly Drugs, Financials, Energy....do not ignore these.... 5) many of the biggest Tech. names which fell -50 % to - 75 % as the fundamentalists said they were bulletproof, may well form S.T. double-bottoms ahead down here, watching those as well.... 6) CNBC, Fri., 11:30, reported that the best-performing I.G. recently has been -get this- "Retail, Apparel" - hmmm....who was the first/only to give them out herein at recent lows ? as usual.... 7) and, as predicted here first, I see more commercial buildings avail. for lease, on Von Karman St., in Irvine, a sign of the continuing weakness around coming.... 8) new unnecessary commercial for the NYSE said their 'total worldwide market value' is $ 18 trillion....

b) more, misleading, sensationalized, Late, and/or improper/incorrect comments from the Financial Media, Reporters, etc.:
1) Pisani, incorrectly (as usual) exclaimed, Fri., "the Entertainment stocks are VERY, VERY weak...." - uh, gee, guy, exactly which ones are YOU looking at ? my Travel and Entert. and TV and Cable stocks are all UP a, some a lot, since Igave them to you herein at recent lows....even Gaming, Internet, etc., up....so he must be 'on something, whichj causes him to NOT see obvious things' - for years now....hah, hah.... 2) as usual, CNBC only Fri. highlights "HB", yet another stock only I gave out first in easily-seen base herein, see it ?, and only after big rise, dig ? the pattern rarely changes.... 3) Pisani, Fri., 11 am, "the market is not very volatile lately, doing nothing here...." -uh, are you kidding ? WRONG....he also said, "traders don't know what to do, because of a little 'information/news gap', nothing big happening here...." -uh, has he SEEN what has transpired since Dec. ? and, then said, "IBM is really breaking out here...." - again, WRONG....IBM remains well below its high, and was not even risen much off low, yes ? and he continues to get (over)Paid and is allowed to be on the air ? why ?

4) USA.T. 1/26, "Calif. power crisis turns investors off Util. Funds", is so cool - right at the low in EIX and PCG, dig ? VG contrary iondicator, likely, yes ? the pattern rarely changes.... 5) another sign many already-popped Techs due for S.T. pullbacks: O.C. Register 1/27, "Investors see light in cloudy market....attitude seems to be changing to optimism, hopeful....", front-page, late, high, as usual, right ? the pattern rarely changes....uh-oh ? ....6) Pisani, getting super-emotionally excited out of persopective, Mon., 11;50, misled, "CPQ is continuing its TERRIFIC run, up to $ 24." - gee, guy, ALL the techs are up 25-50 % lately, yes ? CPQ, if anything, the OPPOSITE of 'terrific', yes ? oy.

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) VG article in 9/00 Forbes, "diamonds aren't forever", showed L.T. stage 7 chart of Diamonds, saying, that DeBeers isgave up its monopoly status due to lower demand for diamonds, sold off 1/2 its $ 5 billion inventory, and cited new supply from Russia, Canda, Australia, lower demand from Japan - none of which this supposedly genius organization foresaw nor predicted, dig ? When I initially reported to my followers, in 1980, that diamonds, gold, silver, etc., were L.T. parabolic tops, I had no idea DeBeeers would last as long as they have been able to string things out, so kudos to them....This proves, again, that NO 'commodity' is 'immune forever from market forces and cycles'....also mentioned in this article, were 'synthetic diamonds', which CREE and CTHR are the leaders supposedly....as you know, I like CREE near bottom of base, and adding CTHR with close stop as a shot here, see their patterns ?

2) Fri., CNBC, negatively blasted ERICY all day - but, note, its stock is still refusing to make new low, dig ? ....3) and while we normally eschew fundamentals, ALOY just signed a VG financial biz. agrmnt. with MLG (another stock only I was first to give out as buy herein from lows a while ago).... 4) the FCC recently let already-near-monopoly companies buy billions more in radio/telecom airwave licenses....what a super-rip-off for US consumers, as I have previously reported herein....fact, not editoral....but good L.T. for VZ, ATW, the bells, etc. ....5) L.A.T. 1/26, headline, "Small business optimism down", says the "Natl. Federation of Sm. Businesses" index of optimism, fell in Dec. '99 to its lowest level since 1993.... 6) everywhere, 1/27, articlefrom SEC< showing that 'complaints against brokers' rose in 2000, due to big drops in supposedly- bulletproof, quality name stocks....to whic I say, no excuse - these people uniformly knew what they were trying to do, and NONE ever had stops, few had diversified properly, etc., right ? the funniest (i.e., the most BS comment), was, "I wanted low-risk, not volatile stocks of established companies".....oh, like, MSFT, LU, T, WCOM, INTC, etc., all down hugely anyway ? but, of course, in Dec., almost NO one else liked those same stocks at depr. lows, right ? 'because they were too risky down there', right ? Not.... Interestingly, the (only) 13,500 complaints (out of 10 - 20 mm traders maybe, and lots more investors, nationwide ?), were up only slightly from the 12,500 in 1999, anyway, dig ? and only 4,200 were due to 'broker sales practices', and most only occured in big losses, mostly from buying/holding on Margin, parabolic/high-priced stocks, without protection, yes ? things we have never done....Most involved 'firms selling automatically for margin calls, without contacting investors' - this, of course, another NOT a 'broker-caused' item, right ? Also, ton of complaints had to do with paperwork, NOT losses....also not 'broker-caused' often....hmmm....last, complaints about: 'errors in records, misrepresentation, failure to follow custiomer instructions, delivery of funds', were all DOWN from 1999, a lot....I rest my case - again.

d) more, likely late, incorrect, and/or misleading, comments, from Brokerage firms, NL writers, Analysts, economists, Money Managers, etc.:
1) once again, Multex, thorugh 'the internet analyst' NL (don't get me started), 1/23, article, "Handspring may spring down", is ridiculous, and, as usual, only comes out AFTER it has ALREADY fallen....how many times do we have to see this sequence ? ....2) I love it, the pattern rarely changes: 1/24, Robertson Stephens now says, "EBAY has momentum, we love it from here now" - uh, guys, where were you when I gave it out herein at lows in base ? oh, yeah, B-firms NEVER buy anything anywhere near lows, I forgot.... 3) and, as expected, all the economists and analysts, after Greenspan's talk Thu. a.m., gushed positively, as if "everything is fine, really, now", yes ? Then, as I expected, pullbacks ensued in already-bounced stocks....next....

4) add these to the 'analysts who loved them near highs and all the way down, and now finally lowered opinions on them near lows' list: Thu., CRTK, SCI, EXDS, GLW, KANA, INSP, BVSN, ERICY....the pattern rarely changes....some of these are on MY buy list, yes ? ....5) and, finally, one B-firm began to get bullish on our PHSY - only at $ 25, up from easily-buyable $ 10, yes ? the pattern rarely changes.... 6) recently one of the few correct NL guys (but, going way back, not anywhere near as good in fact as his repute), Harry Dent, does agree with me, that many S.T. ops are over, but differs from here, in that, he only gives 1 in 3 chance of renewed new big rises after normal pullbacks....he even mentions NASDAQ 1,500....I just don't see it.... 7) an aging analyst on CNBC, Fri. 8:58, only now begins to like our AAI, over 8, see its easy base around 4, when I was first/only to get my people into it, yes ? the pattern rarely changes....

8) another idiot analyst, on CNBC, Fri. 11:45, when asked about CSCO, a stock he loved along with everyone else but me at highs, said, "because of fundamentals, there could be some S.T. risk here...." Oh, and there was no risk at much higher stock price ? gee, seems he should be thinking just the opposite, both times, yes ? ....9) and speaking of another L.T. fortunate NL writer, Bert Dohmen-Ramirez, his new commercial on CNBC is blatantly misleading -shows only 3 big gains, and no losses, nor complete L.T. past T.R. - someone (why not CNBC ? their greed and ignorance and non-care about their viewers, etc.) should call the SEC, don't get me started.... 10) as usual, Multex highlights CNC up here, as a new buy....where wee they when I gave it out herein in low base ? amazing, huh....the pattern rarely changes....

11) found out that Salomon or Morgan raised their previously-wrong-on-the-way-down opinions on EIX and PCG, Friday - at $ 13, already up from 8+, dig ? late....and you know what to do into strength soon, yes ? ....12) Tue. 9:40, CNBC had author of new BS book, "10 stocks that could change the world" - uh, if anything, doesn't he mean '10 companies ' ? don't get me started, but illustrates again the ignorance of invesotrs and CNBC....

e) more general items proving why one should probably ignore 95 % of everything else out there:
1) in a beautiful long article in 12/14/00 L.A. Daily Law Journal, "CFTC judge shows little pity for commodity investors", age 51 judge Bruce Levine in D.C., in 8 years of hearing many cases involving traders who say they were duped or hurt trading commodities with all kinds of situations and firms, has NEVER ruled in favor of a any investor, ever ! wow....He says investors get plenty of warning, disclosures, education, avail., and cannot say they didn't understand anything that transpires....the judge even cajoles every plaintiff to settle for a fraction of the $ they ask for, at best....He has routinely found 'nothing illegal provable or fraud' against any of the firms....Well, I heartily agree with this judge, pretty-much....it's about time at least ONE member of the judicial echoes my long-held sentments, that investors should have to take much more responsibility for their actions, in our fading, lazy, greedy, insecure, spoiled society where everyone blames everyone else for anything that goes even remotely wrong, and where most all lawyers should be, well, you know....Of interest, another CFTC judge finds 50 % for the firms, and settles for fractions with the other 50 %....while 70 % of Levine's cases are settled for fractions....Last, even the most-in-favor-of-plaintiff judges have rewarded a max. or 50 % of plaintiff losses, in setlement amts., and the second judge "favors Levine's actions." Interestingly, most of the 180 cases Levine handled were for 'small amts.', under $ 25 K....he threw lots of those out, period....and, he also rails against other administrative people in the CFTC....I say, kudos....but, as expected if you are me, the CFTC is trying to find pretentse for getting rid of Levine, who has a 'lifetime appointment'....what do YOU think ?

2) exactly as I was among the first few to mention, herein, a while ago, USA. T. 1/24, "domino effect of Calif. energy woes: some food prices rise" - yeah, fast food, dairy, cherries, peaches, eggs, flowers, polenta, tofu, interesting....and farmers unable to raise their prices much, yet their costs rising, dig ? of course, most farmers get ridiculously subsidized by you and I (don't get me started0, so who cares about them, ay ? ....3) USA. T. 1/24, "More movie screens to go dark as companies downsize", also as easily predicted a few years ago....AMC, Edwards, Lowes/Cineplex all closing 975+ theaters here....in the last 19 months 6 major chains - General Cinema, Silver, Carmike, Edwards, U. Artists, and Mann - all filed for bankruptcy....wow....tough toenails, folks....you hire all min. wagers, lousy service, charge ridiculously for foods, and admission, and they still went BK ? amazing....no pity for them.

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....