1) "PSYCLE SENSE sm": new:

the perma-bear B. Schaeffer guys barely mentioned the very-high and V.S.T. bullish, CBOE put/call reading after the close, Monday, of 0.92, neat....and, Tues./Wed. at iver 0.92 P/C as well....this should be good for us buyers near recent lows, and soon ahead, yes ? There may still be some further work to do, as the 21-day MA is not quite as high as previous bottoms 4/01 and 9/01, but we are much, much closer....this coming bottom could be as rewarding ? Shouldn't be long....

A plethora of busted-techs remain kinda weird-acting, S.T.-only, but should be real nice on/after further pb's as likely buys....as usual, I will be/am alone on this opinion/suggestion....lots have broken V.S.T.-only budding patterns/uptrens with their bases going back to 9/21/01, providing the cover for 'the 95 %' to eschew them near lows ahead, as usual....just, as I recently intimated, a bit messy out there in those, even as you have Gains in other Longs, some QSL's in some longs, and Gains in Puttables from herein....there are, as i first mentioned herein, a plethora of budding double-bottoms among al kinds of Techs....we shall see....

aren't you glad you also bought more of my Putables near recent extendeds stocks highs ? which, as usual, proves my "PSYCLE sm" for the umpteenth time....and, as you have learned over the years, after V.S.T. times when I do honestly-always show, say, 10-20 QSL's longside, and people begin to turn off again a bit (dgms), we inevitably improve markedly very quickly, and buyables become actionable....the pattern rarely changes, so do take advantage of this....

also, even as my original big Put suggestion of the QQQ from at just over 41, continues to be viable (we already took 1/2 -pos. Puts Gains a little while ago, as you know, herein), my original downside target was, 37+, then 34+, and maybe, just maybe, 32+ or so ? I am not as sure its 10/30/01 pb level of 32.84 will be broken below....at least not B4 it rallies from just-ahead 'telecom/wirelsss panic low'....boy, compared to 'the 95%', we have certainly been way better for months now, since 9/21/01, in both directions....neat....but, of course, diversification may help, and expect some 'fobd's'....

given the Watergate/Enrongate palor/hook/background of recent stuff, and all the Telecom/Wireless/Energy stock weakness, babay-bathwater action, etc., one must lean towards a bullish resolution of stuff soon, at least a diminuation of recent knife-like drops, as almost ALWAYS occurs after such 'external' sensational stuff, sentiment-wise....hence the at-least-partial-longs-position buys in section (3) recently and herein....and, I am certainly the only guy around even positing this, "if", and I said, "if", Wednesday's action was/is somehow a "H & S saucer-like" formation among depressed Tech. stocks, lookout above, dig ? so, one HAD to dip toes into water in tons of software/hardware/tech/computer-related ideas seemingly forming that pattern around here, Tue./Wed./Thu., with diversification and stops....many are double-bottoms potentially....While, of course, still exploiting some Puttables all-along, as always....

also, even during the 1973-1974 period, I personally had one of my best years as a fledgling trader, buying S.T. basing stocks under $ 2. on the NYSE back then, for real, helping to put myself thru college (dgms), so things, and even the longside, should be OK forward for us, adding to our mostly exemplory performance (until just receently just a bit) since 9/21/01....as I have been teaching for decades, 'the 95 %' mostly do not like uncertainty, mostly, and oversold stocks rise a wall of worry, etc., nothing new here, though 'the 95 %' will, as usual, tell everyone out there, otherwise....don't you believe them....

and, when you read next section (2) today, (a), note the clear, several IGR signals occuring all of a sudden around here....another in a long line of valuable pattern-learning opportunities for y'all, from one of the best....

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) gee, who was the only guy around to have given out TYC at 59+, as a Put, in 2 NL's, 12/31/01 and 1/4/02 ? this was our 2nd big Gain in Tyco's puts 4 U in the last year, glad to have been of service....so how come Barrons/WSJ doesn't interview me ? .... 2) hey, cash Gold commodity hit $ 308. early Tuesday, neat....it last hit that level in Feb. or Y2K....and, of course, late/high, B. Schaeffer, on CNBC, Wed., likes, NEM up here, finally....the pattern rarely changes....as some major Gold stocks make slight 2-year highs, I find few of the many goldbugs and people who bt./held them at times for just such an event, actually long them....interesting, huh....just proves my concepts yet again, though I am glad I helped all a lot with MANY mostly-correct Precious Metals timing/trades herein....also read stuff below.... perhaps we can Put some ahead, as well, successfully, again, for you....

3) the XTC, telecom index, is approaching levels last seen in 9/98, get it ? I was on KWHY-tv begging people to BUY (when they were ALL super-neg. recall, as usual) the "after Japan crisis, tech. stocks", yes ? I think we may get that kind of EVB buying opp. ahead in many techs and telecoms and wirelss stocks ....think about it: all I hear now, as then, is that 'many companies will disappear', so sentiment also on our side....beautiful potential sentiment baby-bathwater EVB's coming, yes ? to think that, somwhow, "no telecom/wireless/cellular services, equipment, etc., will be used/needed/desired/growth forward", is folly....just the opposite is very likely true, L.T., and maybe even ahead....trade the(se) stocks, not the companies, as taught....seems a classic EVB formed in most of them, Tuesday....learning the pattern ? if you did not even consider buying some of them Tue./Wed., why not ? ....4) note: I may have continual access to some I.G. indedes via bigcharts.com, so adding some of those as warranted herein, hope it helps.... 5) and, was I the only guy to add PEP as put, and KO as call, at respective turning points renetly ? we shall see.... 6) I was incorrect with a few Biotechs, and Techs/Telecom/Wireless, recently, rare, of little damage to portfolios, but others remain buyable, or probably bottomed this week anyway, stay with those with intact patterns, do not stop taking adavantge ever.... 7) Utilities are looking kinda iffy all of a sudden, so watching them, though some remain exploitable, just being straight with you as usual....

b) more, misleading, sensationalized, Late, and/or improper/incorrect comments from the Financial Media, Reporters, etc.:
1) the idiots on CNBC continue to mostly only show Intraday charts on stocks - when, if they just helped millions of people by showing 1-yr. or at least 6-months-back charts, the world would be a better place, yes ? but, as usual, asking CNBC to be great or super-helpful is a losing proposition.... 2) 1/28 L.A.T., "Lessons from Enron", big article, listed top 10 corporations, and % of their 401-K assets invested in their own stock, like, XON/MOB 60 %, WMT 16 %, GM 35 %, F. 50 %, GE 78 %, C. 53 %, ENE 62 %, IBM 16 %, ATT 24 %, VZ 24 %.....I figure similar ranges exist for thousands of others....gee, think of the millions of people I could have, and still could, help, with timing, ay ? anyway, they cite fidelity as saying, they have seen NO change in people nationwide investing anew, nor changing their past corporate co. stockholdings, since 9/01, as of 2/02....as I teach, behaviors rarely change, dig ? more proof of my concepts....

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) and, you should know that TYCO's L.T. chart, showed/shows decent support in the 22+ area, see it ?, going back years....and, so far, it is bouncing off that support, just as 'the 95 %' throw/threw in the towel - as usual, right ? the pattern rarely changes.... 2) B. Schaeffer did mention a potentially valuable nuance in Gold stocks: that, in his opinion, "many Gold firms are no longer hedging positions/gold prices forward anywhere near as much, but also remain highly leveraged, which, if one times them well, plus, large short positions in the big gold stocks, could be bullish" - (but only late/high, wher was he at lows ? oh yeah, as I reported herein when I alone liked them, he did not, recall), he also puzzlingly likes KKD - long - up here, no less....

d) more, likely late, incorrect, and/or misleading, comments, from Brokerage firms, NL writers, Analysts, economists, Money Managers, etc.:
1) gee, thanks (again) for nothing: David Dreman, on CNBC, Wed. 9:45, is now recommending long TYC (as I did/am), mentioned that 'after most every crisis, one should buy, not sell", etc. - but we are not told anything of his L.T. past T.R., as usual, so we have no idea nor help other than his contrary-today-on-Tyco-only opinion....he also mentions DYN, citing 'real assets undervalued in a crisis of confidence", which I always applaud hearing from any analyst, very rare, dig ? ....2) I should mention, that, B. Schaeffer was named Timer's Digest's # 1 stock market index timer for the last 10 years, and their # 2 gold stock timer for the last 5 years, recently announced, so kudos to him, but, seriously, the barely 100 NL's, out of thousands of probably better guys out there, which TD chooses to time (dgms), in their skewed-and-therefore-not-so-representative, overrated 'service', have (been proven in many studies to be) not-so-good L.T. past track records in historical reality, so, I am happy to mention the whole truth about this, and I have in the pastherein, over the years, and in my booklets/teachings....my best to B.S. et al, but, generally, 'the real famous guys' have just not been anywhere near as good as the others out there, as F.P.P. guys, and everyone knows it....

3) one kudo, one pan, as usual: Bear, Stearns, now suggests investigating depressed Latin Amer. Telecom stocks, like our favorite, TEO, along with, VNT, TMX, TNE, BRP, CTC, so kudos to their at least mentioning any I.G. anywhere near its lows....but, pan, to Prudential, which, as usual, only now, hightlights Gold stocks bullishly, dig ? gold-talk, as usual, was all over the CNBC airwaves, Wed. - the patterns rarely change.... 4) and, hey, here's a good one, proving my "PSYCLE sm" yet again: Thu., 9 am, an analyst testified at Enron hearing, that they were unaware of all the shananigans at Enron, which, while it may be true, I ask ALL fundfamental analysts yet again: "gee, fellas, did you ever even remotely consider learning CHART/SENTIMENT/TECHNIUCAL patterns existing in the stock, as away to greatly improve your mediocre track records, and help you greatly, serve your (over)paying clients and investors in general ? I didn't think so.....again, we find, NOTHING ever changes in their little universe....

5) and a little kudo to the Robinson, Stephens, analyst, who, Wed., went strongly bullish on WCOM, as "way oversold, outperforming peers fundamentally, etc." ....6) front-page 1/28/02 headline, "Audtitors Shielded by Fraud Laws.... protection for advisors from legal risks in such cases will make it harder for Enron vitims to recoup losses", proves what I have been saying for decades: they have created their own system which pritects them even when/if they damage millions of people, etc. A legal expert said, "the legal risk to auditors and lawyers is way, way down from a decade ago, and the number of earnings restatements had gone way, way up." Get it ? This applies to OUTsiders, not insiders/hired/employees, accountants, lawyers, on the direct payroll, but only to outsiders and advisors, etc. And, get this, "even if they are fopund liable (re: guilty of) for the fraud, they will not be required to cover the full loss....the effect of these changes in the last decade, is to significantly decrease the ability of investors to recover fraud losses...you are more likely to go to jail for stealing 3 packs of cigarettes, than you are for perpetrating a $ 100 mmm fraudulent investment scheme damaging many people." Great system, huh....BTW, the changes a while ago, arose from out of the previous decades' S & L scandal (dgms), which led lawyers and accountants and advisors to protect themselves with/vs. newer anti-investor provisions, dig ? 'nuff said....

e) more general, political, misreported items proving why one should probably ignore 95 % of everything else out there:
1) obviously, expect new heights of legal shenangans, B.S., non-testifying, etc., with the Enron crap....for the umpteenth time, as i have said during/after every major debacle and crazy occurance the last 20 years, NOTHING ever changes, not physics, not human nature, and, until they become more ennlightened, and our system adjusts somewhat more (dgms), not (mostly temporarily) overly-wealthy mostly-greedy-anglo-men, not the Media, not accounting stuff, and not the legal 'profession'...."PSYCLES sm" will continue in their normal sequential course over time, with few exeptions....mostly good for us, over time....

2) this is off the subject, but is an amazing item, and again proving my philosophy: in little 1/28 L.A.T., article, "police Officers are Responsible in most collisions in S.D.", said, a study back to 1997, showed - get this - that "58 % of ALL traffic collisions in recent years, involved police officers....58 % of the 1,672 in San Diego collisions since 1996....smaller departments have even higher at-fault collision rates....up to 80 % of smaller-cities have seen police officers causing crashes...." This, is so wild, I have no idea what to say, and why this is not studied nationally, and publicized more....do you ? ....3) and this one, same L.A.T> issue, "In Canada, a Sea Change follows wave of Terrorism", said canada has quietly instituted serious 'big brother' policies, like, their "govt. can intercept ALL e-mail, ban inflammatory speechmaking, and interrogate anyone suspected of having knowledge about terrorist activities." hmmmmm.....

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....