Jim Goodman's "The Right Side of the PSYCLE sm"
Stocks/Industry Groups Timing Newsletter, and Education service
issue # 69, dated: 10:30 am, P.S.T., Monday, Feb. 01, 1999

*** 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, at least read Section (2) to develop a "feel" for our Sentiment patterns--- and Section (3) always, while taking the time to View individual stock 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. NO emotion--- and do NOT "just extrapolate the most recent results forward, good or bad, forever" !!!

I also assume you have read the "Significant Disclaimers" paragraph, under my main webpage logo....I cannot infer that my future performance will always match my excellent, real, actual 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 Thoughts: Although you know we NEVER try to "predict Indexes/Averages/the Market", here are my most Current "Market" Comments:

First, I wanted to make clear, that the long bond has a V.S.T. bottom here, so my "long-term" idea/prediction from last NL here, is NOT going to come into play, until after the cash bond pops, up, first, O.K. ? Second, this past weekend's chartbook was the most werid-looking and unclear I have seen in months....I haven't the foggiest idea what to do with some Oil Service stocks, and many potential Puttables are just not developed enough to have formed good tops, though they are ridiculously overvalued, technically....nor have many other depressed formed good-looking-enough EVB's or bases, yet....so, we would continue to hold above avg. cash positions, and have some S.T. patience.... but I am seeing more V.S.T. double-and-triple tops among our extendeds in sec. (7)

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 educational/trading benefit, I will put into each NL....again, the "Most Actionable, Do-able, stocks, Here/Now", 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). Very clear sections. You have No excuses for not taking advantage.

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

a) Important Industry Group (Rotation) notes: 1) do NOT abandon the Oil Services, as potential buys again soon....but not those that break to new lows.... 2) our Utilities are still falling, as predicted here for you....3) interestingly, some Airlines held at support, and look O.K., I had given you TWA, NWAC, but otherrs, like, CAI.B, KLM, BAB, are already too high.... 4) and, on second look, our Gaming (HET, CIR, MIR) issues DO look O.K., after all ....but Neither I.G. is especially great, just letting you know....as I said, market looks a bit unclear, here....

b) 1) L.A. Times, 1/23: article, "Indonesia's Fiscal Crisis Now Seen as Less Severe": GET IT ? exactly as I told you to loook for, exactly as my "PSYCLE sm" teaches, by the time "the Media" reports "less bad fundamentals", the stocks of companies concerned are ALREADY up a lot....perfect "PSYCLE sm" action, off stage 7/stage 1 bottoms, last summer.... 2) cnbc, Fri. 29th, announced a study done by a big discount B-firm, showing 43 % of their day-traders made money, 57 % lost money ....their guest, 9:30 am, said, a study done by state administrators, in Colo., Mass., Tex, and Md., showed that the vast majority of day-traders lose money, and that the only ones the public hears about in the media, etc., are the "select few" who did very well, because of all the come-on advertising done by B-firms, Wade C-ook, etc. Both parties said, non-day-traders (longer-term) did much better.... of course, none of these studies are super-conclusive.... 3) L.A. Times, 1/31, front page, editorial section: another good anti-media piece, pointed out that a 1997 study done by the Pew Research Center, found that 26 % of those surveyed got their political information from late-night TV show hosts, and 12 % got their news from MTV....seriously....these were adults, surveyed, not teens....

c) more incorrect/improper/misleading Media comments from "fundamentalists/ companies/mags", etc., vs. illogical/contrary stock prices moves, etc.: 1) Fri., 29th, 8 am, Nokia beats eps est., stock falls 10 points....showing its parabolic, extended chart, CNBC reporter says, "you don't have to be John Murphy to see that this is a great-looking chart"....late stage 3 comment, right ? we add the puts .... 3) another thought on how the "CNBC reporters" tend to be too close to the action, forcing/creating excitement (re-read my "Media", and "Scenarios", and "Psychology" booklets), losing their perspective: when I moved from N.E. to So. Cal., one of the first benefits I felt, mentally, was a better persoective on investment markets, since the west coast is farthest from NYC, etc., dig ? While those people seemingly got all excited at every little thing, Out here, I was able to view things less emotionally....this has helped me over the years....this also ties in with my "anti-local stocks" lessons you are already aware of, so you get my point....it is another reason NOT to let 95 % of all Media messages into your brain at all.... 4) ergo, CNBC's Tyler Matheson, Thu. 28th, 11:35 am, said, (quote) "with the big-name stocks splitting, good times may indeed be rolling." More late stage 3 commentary, yes ? ....5) long-term note: I just found out that the pres. of "IMP", a bank stock I gave you herein, but just missed, is well over age 80, and I still think there will be more takeovers among similarly-positioned (technically) Bank stocks in the next year or two....like, GSB, and SSM.... 6) Fri., 1/29, two big B-firms came out with newly-added buys, on "LRCX" way up here, at $ 38., even though co. announced much Bigger Losses, with sales Down -50 % .... gee, when I gave it to you herein, as a buy, stock was around $ 10....amazing, huh ....the pattern never changes....

d) more, late, and/or misleading, Brokerage/NL writer/Analyst comments: 1) Thu. 28th, cnbc, 3 separate treatments, highlighted the DJ Trans. stocks/avg., and all, finally, got bearish Thu., saying "how bad the index looks", how it has been falling, etc. Of course, the next day, that avg. ROSE over 3 %....and, of course, the same guys who panned it Thu. (late, get it ?) are now bullish on them, Fri., 'nuff said.... 2) a quick word on the uselessness of trying to employ "relative strength": "AWS", a "short sale" I gave you recently at its "PSYCLE sm" rolling top, fell from 29+ to 20-, yet its "RS" remains at 99, dig ? makes RS useless, all-around, as taught in my booklets.... 3) Schwab raised its margin requirements on 20 Internet stocks for the second time.... 4) two more acquaintences who have never traded before, asked me excitedly, expectationally, about "the market".... not a good sign, right ? ....5) Mon. 2/1, 10 am, KWHY-tv, in a rare appearance, Sherman McLellan, he of the Oscillator/Summation Index, was pretty S.T. bearish, to about Dow 8700, Feb./Mar. period, after one more pop in the Indexes from here, due to weakness in his internal market A/D measures, which I have been reporting recently herein, then L.T. bullish thereafter....but, as I said, most every technician is saying that....He is also seeing T-bond yield rise potential to around 6 % down the road....he is aware of my output....you should know his actual real-world track record is worse than his reputation, but I respect his output tremendously, and he is a good person....It's just that, like any indicator-based approaches, there is often too many different interpretations of one set of figures (like Elliott Wave, which also does/has not worked that well over the years, but has a puzzlingly tremendous reputation, for some reason). His Summation Index is real close to falling below the "zero line", which also preceeded the June to Oct. decline, last year, but he, expects a lesser decline this time, than happened last year....but, last, as with all "index prognosticators" he is bullish and bearish at the same time, maybe....just too miffy....See why I don't even try to predict Indexes ?

As you have seen the last several months, how well 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 it was 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. calls IHS (10+ to 14-) for VQ 125% Gain....bal. puts CG (60 to 50) for 111% Gain....stk.on.mgn. THP (7++ to 11+) for Q 85% G....puts EAII. (62 to 50) for Q 111% G....1/2 pos. puts CHTT (47 to 39) for VQ 100% G....puts MAST (30 to 24) for 66% G....1/2 pos. puts AMT (29+ to 24+) for VQ 66% G....bal. stk.on.mgn. TFT (5+ to 7+) for L.T. 66% G....stk.on.mgn. AIN (17+ to 21-) for 35% G....css LLL (47+ to 40+) for 25% G....

and puts, ETEC, LSON, EGRP, NLCS, PERC, USAI., GDT, PDX, MMC, PBI., and longs, TWLB, IAIC, SCNI., PRD, CSE, PAH, NBR, CYB, FLC, JOB, GLM, FCH, LOD, TLZ, IGL, VC, for VQ, very small losses, of little or no overall consequence to a properly diversified portfolio...

NOTE: while most of the $ 5 to $ 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 holding period, yes ? also, obviously, these have always been listed, from biggest % Gains, to smallest, then losses....

* Newly/Additionally BOUGHT/Buyables, right around/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, 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: CFK @ 1 3/4, GDC @ 2 3/4, MANU @ 9-, MLP @ 9+, OFIS @ 6-, 1/2 pos. SOC @ 6++, TDW @ 21++, TMO @ 16.06, VLO @ 18-, VTS @ 12.

(Note: some new, "re-added" repeats !!!) AZC @ 1/2, BAANF @ 9++, BGO @ 3/4, BIR @ 4+, CAU @ 0.31, CCH @ 3/16, CPU @ 11+, CQB @ 9++, CXI. @ 5/16, CYM @ 9 1/2, DMN @ 6 5/8, EAR @ 5/8, ELY @ 10.06, FLM @ 9-, FP @ 2 5/16, GKI. @ 3, HPC @ 26.06, IIR @ 3 5/8, INPR @ 5, IOX @ 1 7/8, ISCO @ 1 1/8, KRY @ 5/8, LUB @ 14+, MKA @ 8+, MPN @ 4 1/4, MRII. @ 2 3/16, NBTY @ 5 5/8, NGX @ 1/2, NOI. @ 10-, NWAC @ 23+, PAM @ 3 5/8, PAR @ 7+, RYO @ 0.25, SAA @ 0.75, SSC @ 11/16, TCK @ 10+, TEN @ 30++, TFN @ 4 1/8, TOX @ 3/16, TWA @ 4++, UTI. @ 7 1/8, UPX @ 1 13/16, VGZ @ 3/16, VRC @ 7+, WATFZ @ 9-, WCCI. @ 11/16, WSTNA @ 2 3/8....most are still EVB's ...."buy low", right ?

NOTE: as I teach in the "green Guide" Booklet, you should already understand/know, that, often, there is NOT "just one day" when my stocks 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 may have just 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....I give it all....

*** therefore, 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, DEMP, TSA, RGR, UAG, LWN, LYO, FIT, P., --- Off the pot. Long buys list, before they might have been Hypothetically "bt.".... 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" (or "short sales" if no puts), for potential Drops: alphabetically by symbol: (new ones) ADBE @ 49, AEOS @ 68+, ASND @ 87+, BBBY @ 33+, CBRNA @ 59+, CNMD @ 33, GE @ 104+, INTC @ 140, JCOR @ 71, PROX @ 30, RAD @ 50, SYKE @ 32, TWTR @ 32, VRSN @ 95+, XEIKY @ 28-, YUM @ 49-....

(and, note, some "new" repeats again) AHAA @ 40, ATHM @ 129, AZO @ 34-, GTSG @ 66-, IIN @ 41-, LAF @ 40+, MCD @ 80, MOT @ 72+, MPO @ 32-, RSCR @ 25+, SLVN @ 33+, SPW @ 71-, TLAB @ 87-, TROW @ 37+, TSAI. @ 50+, UNM @ 60++

and/but, Took, AMTD, SFXE, BBOX, DRTE, ELN, LXK, KSS, ANF, JEC, CXR, Off pot. Puts list, before "put", as they aborted their patterns immediately (also see recent past issues taken off, here). IMPORTANT: sometimes, just 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 suggested stocks hit their "buy/put" levels in between NL's, in which case they are still added, as above....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 if their immediate patterns have aborted....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, then incorrectly blaming me, when that is your doing.

....and/but, among stocks recently given you herein, in sections (6) and (7) below, we "just Missed", GHM, DOL, OCN, ISV, as Longs/Buys near very recent lows, and, CTXS, PZZA, MCRL, MACR, MXWL, SAPE, DKWD, NOK/A, NCOG, ISSX, DRIV, ASC, PL, as Puts/Shorts, 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. Also, by viewing such charts, 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, or are considering owning, 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, still remaining long in most all 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 still right at/near the listed price level).

still giving you 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, thoroughly....and check their charts to see the patterns:
KRY 1 1/4 up 3/4, TFN 5 3/8 up 1 3/8, ARG 10 1/4 up 1 1/4, NWAC 27 up 3 3/4, SOC 7 1/4 up 3/4, SRR 10 7/8 up 1, PCAR 44 1/4 up 3 1/2, AIN 21 up 1 1/2 (S), CBRL 23 3/8 up 7/8, WEL 2 7/8 up 3/8, OFIS 6 3/4 up 1, VLO 19 up 1 1/2, MANU 9 1/4 up 3/4, LUB 15 3/4 up 1, FHCC 17 up 7/8, DGSIF 3 1/2, WSTNA 2 1/2, AIMM 2 1/2, TXB 4 5/8, BCP 7 1/2, IT 24 3/4, ICI. 37-, EAR 3/4 up 1/4, WCCI. 7/8 up 3/16, up/further, since last time here....

*** note, these "follow-on" further rises, normally represent "stage 2" rises, in their "PSYCLE sm", after pullbacks, dig ? ....some much bigger rises became stage 3: among issues given you near their lows herein, KLIC 29, LRCX 38, CYMI. 30-, CKFR 42-, ROP 22+, LIZ 38, TER 66, LPX 20+, LSI. 28, SGI. 20+, WJ 26+, LE 32, CD 22, IIF 8+, MS 2 7/8, higher still....and, Ampex, which I gave you hereright near its lows, hit 5 1/2, and should have been sold for a huge gain....AIN, and, LIZ, hit their 200 DMA....

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, and actually want to spend more time having to watch and process more things, on purpose, is beyond illogic. With my "PSYCLE sm", we trade less, hold positions longer, do not have to watch every minute, and have much less stress.

and/but, then, seeing Many pullbacks, CPU 13 3/8 up 2 3/8, MIFGY 10 up 1 1/8, ELY 11 3/8 up 1 1/4, NETM 2 7/8 up 3/8, then 2, ELCO 2 up 1/2, TWA 5 up 1/2, VLO 19 up 1 3/4, CDE 5 1/8 up 1/2, BEZ 19 7/8 up 1, ESV 9 1/2 up 1/2, HPC 27 1/4 up 1 1/4, (Oil Service: HAL, NE, VRC, UTI., PDE, NBR, HP, etc.), INPR, ISSI., BAANF, SHG, ESOL, MATK, HPC, GHV, NBTY, CENT, SEW, UPX, CMND, RXSD, SAMC, CBMI., CTI., TEN, SAA, MGN, MAH, WKGP, FNL, MCL, SHG, ATX/A, COE, PMK, LXR, HPH, MSX, BIR, CCC, MPN, SUL, BTC, SSC, CCH, IHS, ICI., AG, and all Metals....some of these are also in "ms" list below....

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"

**** New Important Item: in the same manner that we sometimes get "fakeout breakouts" to the upside, with some of our Puttables, we, here, are now likely to see some "fakedown breakdowns" among some of our depressed potential buys/holds, on the long-side....meaning, we are giving a bit more "leeway" to stocks in, for instance, the Oil Service, a Metals, and such, industry groups, when those stocks listed here in section (4), have slight-breaks of their depressed chart patterns ....because, as you know, historically, many "fakedown breakdowns" will "revalidate", and end up rising as expected, given a little more time, anyway, dig ? Obviously, how you deal with these stocks, is totally up to YOU--- a matter of each individual's personal taste, situational needs, and risk parameters....I have tried to cut, Q, S losses in those that have farther to drop once they break, but have retained those which do not seem to have much farther to drop, before they revalidate, and become decent shots on the long-side anyway, dig ? Regardless, I am not going to fight the tape....one can almost always get back in wnay....last, there are many such stocks, so, if one misses one, or has a Q,S,L in one, one can easily still catch others, in the same I.G., yes ?


* 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:


(note, some of these are also in "pb" list above) (note new stocks ! ) WAFTZ, ESOL, IMO, AZC, GHV, UTI., TRI., VRC, MKA, DMN, AOI., PGO, BEV, WSTNA, MRII., LSN, LFB, SAA, DBRSY, PDE, SEW, HMY, GKI., MSN, BEZ, WCCI., FLM, ULB, MPN, LFB, WORK, LXR, HPH, PMK, BEZ, WKGP, MHR, MCL, IHS, IMG, CXI., SSC, TMA, ADM, TOX, CAU, AG, cheap golds, oil services....

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 stocks now, but acting properly, stick around:

Puttables specifically given you herein, many which are Falling/further, read list carefully: EBAY -26, MSPG -7 1/2, PKN -6, TLAB -4, VRSN -2 3/4, INTC -3, LIN -3, UNM -2 3/4, YUM -2 1/2, BBBY -2 3/8, GE -2 1/2, TWTR -2, ASND -2, PROX -2, MAST -2, RAD -2, DLTR -2, JCOR -1 1/2, BOBE -1, EFII. -1, EAII. -1 (S), IIN -1, GPU -1, INSS (S), SYKE, WHC, SSP, CBL, HAE, SUT -1 (S), CG (S), PE, down still further....note, MAST (S), MCHP, VL, fell to their 200 DMA....and, RMBS 75, CUBE 19+, MCHP, DRD, WRI., previously given you herein near their highs, fell still further....also see 'bouncers' below....

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):
(some new names here) QLGC +14, MSPG +10, ATHM -6, +12, SBUX +4, PKN +3, GTSG +4, -2, RAD +2, MOT -2 1/2, SLVN -1 1/4, WABC +1, -1, SLR -2, GNTX -1, TROW -1, MOT, MKL, AZO, UFPI., EXPD, BMET, COMS, BEL, SSP, CEFT, MCD, GTSG, DCLK, LLTC, CSGS, TLAB, FRO, SHX, ESRX -2, GPU, GPSI., TSAI, IQIQ, CHTT -1 1/2, BRG, AZO, FAM, SYY, AMP, MYG, SVU, BSYS, AHAA, BXM, CPQ -1, SPW, WPI., VL, DL....

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, Fuller lists, of 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 ? 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 eentsy bit more, but will NOT "pay up" much.

"Leisure/Entertainment": (besides, ELY, PIN, PRD, WCCI.), found several other real cheapies in the Mansfield charts, which I share below here.
Computer/Techs: please see Techs, listed, in the "watching" section, just below.
(Y2K) "Year 2000": (DDIM, SAA, UBIX, CMND, MIFGY, Only near recent lows)
Prec.Metals (NGX, CBJ, TVX, GLDR, CCH, VGZ, CAU, BGO, RYO, some real cheapies, riskier, most need more work/time)
"Basic Inds." (Chem., Farm, Steel, Copper) (BIR, RTC, MAH, CYM, CSE, CCC, FNL, HPC, TEN, AG)
Energy/and Oil Svc. (IIR, UTI., UMR, WEL, VRC, VTS, PXD, PGO, near their recent lows, Only)
Biotech/Health/Medical (add, VTR, IOX, to, TAROF, COB, MATK, FHCC, CBMI., RXSD, NOV, GNSA, TOX, ULB, CCLR, ALLP, TOX, MPN, MT, TXB, HIV, SHG, LH)
Consumer/Retail/Apparel/Shoes (REV, NBTY, SRR, COO, PVH, HMY, KFI., MSN, UNO, BLM, GCO, HBI.)
Hotel/Gaming/REIT (HMT, MIR, ILX, PAM, HET, CIR, SER)
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 (more boring, though), may shape up ahead....watching, in no particular order, add, EOP, ICH, SMT, WIR, to, LTC, HOT, LSN, BD, PRT, SMT, WDN, RTC, ARI., FHS, NHR, BRE, AAC, ALF, AML, BNP, BOY, BRI., CPP, CRO, PMC, ENN, FBG, NDE, JPR, MAA, RFS, TMA, IMH, FP, MT, if you need some maybe's, on pullbacks only)

and/but, Important: also, took these Off the pot. long Buy list, Before they might have been Hypothetically "bt.": DEMP, TSA, RGR, UAG, LWN, FIT, LYO, P., --- were taken Off....These/they just need more work, technically ....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, AGU, ATW, BCF, BSX, CP, DRC, FAX, FGI., FTS, FWC, GLBL, HXL, IAD, IMG, MB, OE, SDC, TAM, TK, TRP, VLO, WFT, XTO, to, those listed in section (3), and those just above here, plus, "repeats" (alphabetically by symbol) ACE, ADM, ALN, ALR, AOI., ARG, BAANF, BDR, BEV, BEZ, BGO, BMC, BTC, CBJ, CBRL, CENT, CEXP, CFS, CLCDF, CNB, CNU, CPU, CQB, CXI., CYB, DETC, DMN, DOL, EAR, ELCO, GDC, GHM, GHV, GKI., HCM, HDG, HLX, HMY, HPH, ILX, IMP, INPR, ISSI., JLG, JOB, KNE, KRY, LH, LKI., LSN, LUB, MANU, MKA, MLP, MSX, NAUT, NEM, NETM, NOX, NPSI., NWAC, OI., OLGC, PDE, PDS, REV, SEW, SOC, SSN, STRX, SUPX, TBI., TCK, TDW, TFN, TIE, TMO, TWA, VLO, WKGP, WTT, VSNR, still, most all as "EVB's" (again, note, most are "Techs", with some "Finls., Foreign, Health"), plus, the Value Line issues: NSANY, OFIS, SEW, 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, TAROF, VMRX)
comp./tech./s'ware: (CSRE, GTSI., LSKIC, MIDI., OBJS, KTEC, PNCL)
telecom, etc.: (APAC, MRVC)
leisure/entert.: (SHOW, FAIRE, ONST, WCCI., (all real risky/cheap)
capital goods: (DETC, DSGIF, FAVS, ISCO, JPEI., WAFTZ, WSTNA) (most are bigger companies)
Note, some 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/very 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" much:

note: this list supercedes all previous ones....these are the ONLY Puttables here, all others have been removed....note Larger/Growing list !!!
(banks/insur.) HLI., TROW, UNM, WABC,
(comp./techs/s'ware) BSYS, CPQ, PKN, MANH, QLGC, TSAI.,
(telecom/commun.) CDRD, COMS, CSN, LIN, PROX, TLAB,
(medical/health/drug) BMET, BGEN,
(internet) ATHM, EBAY, GNET, MSPG,
(retail/food) add, AEOS, to, AZO, BBBY, MCD, RAD, SBUX, SVU, YUM,

**** also watching: add, ADBE, AFL, ALO, APCC, ASND, BMY, BVEW, CBRNA, CMTO, CNET, CNMD, COX, CTAS, CTXS, DISH, DRIV, GE, GNSSF, INTC, INTU, JCOR, LU, LUK, NOK/A, NSOL, NTBK, ORU, PEP, PLCM, PMCS, RFMD, SCI., TFSW, TYC, VOD, VRTS, WPO, XEIKY, XMCM, to, ("repeats") ADPT, AHAA, ALSI., AMP, ASC, BBOX, CCRD, CEFT, CFR, CSGS, DKWD, DLTR, DL, EFII., ESRX, EXPD, FNM, GAC, GMSTF, GNTX, GPS, GPU, GTSG, HAN, IIN, INKT, IMNX, IQIQ, ISSX, JBL, LCOS, LAF, LLTC, MACR, MANH, MCRL, MEDQ, MKL, MM, MPO, MRIS, MYG, NAB, NCOG, PL, PLH, PZZA, SAPE, SCH, SCMM, SEEK, SEGU, SLVN, SPW, SSP, TWTR, UFBI., USTC, USW, VECO, VRSN, WHC, WIND, WPI....

**** the Best Puttable Industry Groups: in noe particular order, Extended Supermarket, Restaurants, Retail, Cap. Goods, Blue Chips, Homebuilding, Consumer, Utilities, Banks, Health/Medical/Drug/Biotech, Insurance, Finance, Computer, 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....the list Grows....

8) "PSYCLE sm" Lesson for today:

VIEW THE CHARTS....VIEW THE 200 DMA....VIEW THE CHARTS....
the depressed Oil Service stocks may be forming rare "saucer/saucepan with a handle" formations, out to the right of the pattern....this is an extremely difficult pattern, but is normally bullish when it resolves, eventually....it is just next to just impossible to time the "last bottom on the right", if you view their charts.....am trying my best to help you with this one....but it is just one I.G., of many, right ?
I have been so busy, expending so much time/effort, researching, finding, and giving the ideas I do in each NL lately, I have not had time to give more "Lessons" here lately, nor to finish 3 more real valuable "Booklets"....Besides all the previous Lessons you have hopefully gleaned from all my past materials, NL's, ideas, and my (7) educational Booklets, I re-ran "the seven sequential stages of my "PSYCLE sm", from 12/7 NL, through the 12/28 NL....refer back to those section (8) lessons any time....hope they helped....but NO special "lesson" today, except to re-read recent explanations of stages 1-7....take this 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 or fallen decently from the bought level, as I follow-up its movements for your benefit, and, still also 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 again,. without breaking its original pattern, is remains a buy (sec. 6)....GOT THAT ? Finding such ideas among the "repeats" in sec. 3, ilisutrates this helpful item....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 sometimes return to its original actionable price levels, and some will end up "revalidating" after initial slight breaks of patterns, which 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.