1) "PSYCLE SENSE sm": new:

not only does this missive have a lot of new rotational changes to take advantage of in stocks/groups, it also has more-than-usual stories to learn patterns from.... most, are newly more Bullish, surprisingly, as was my prediction "from the opening, Monday likely", dig ?, neat....

already we are getting some bounces off 'turned-off levels senitiment-wise', as usual/expected....While we await more bottoms and bases in our various Techs, several budding slightly-rising basers broke their patterns and were removed, no damage....while others are bouncing already, neat....and, in a surprising development, my weekend charts show me higher DJIA< etc., so removed those index puts....no loss....and more longside gains for ideas you have bought recently, cool....

But i don't get the immediate V.S.T. pops which began around 11 am pst, Wed., but, as I mentioned, the 21-day MA of the Put/Call ratio remains over 0.70, oversold-enuf close to its 9/01 high of 0.77, dig ? so we continue to favor 'split' market concept been working decently for us....accepting soem QSL's along the way, as always, with bigger, and more Gains, in properly diversified portfolios...

that said, evidently, Wednedsday's QQQ index traded the 7th largest PUTS volume in its history, hmmmm....all previous occurances saw further S.T. drops of -5 % to -10% just the next 5-10 days, wow....anyway, Thu., saw the NASDAQ have decent intraday drops in many techs....and Fri., the QQQ broke its recent 34-or-so low....recall my original downside target when we Put it around 41+, to maybe the 31+ to 32+ area....Fri. low so far, 33....that said from B. Schaeffer perma-bear, all 8-highest-QQQ-put-volumes have occured ONLY since April 2001, dig ?

Fri., after -the-first-two-hours, hearing real non-interest on CNBC by traders, both long and short people....most of the no-damage-to-properly-diversified-portfolios QSL's longside recently, are, as I have mentioned B4 here, up to each person, whether one sticks in them giving them a little leeway, on 'in the base breakdowns of budding patterns', or, one hopes for a double-bottom or EVB ahead soon, with 'fobd's in many, as normal at this stage....we prefer to step aside in those, at almost no relative cost, preserve capital, and get back in and/or raise $ to buy others, as you have been taught, is often the most successful method....plus, all those individual stock put gains again, right ?

meanwhile, do note how many of my Puts Gainers are already down towards their 200 DMA's again, as with all profitable Puts periods herein....are you learning the pattern ? if not, why not ? gonna probably have to use EVB's and sentiment more, to time lows on Techs here, yes ? one of our specialties....

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) as usual, looks like I was near-perfect with Gold stocks again, down a bit already, we shall see.... 2) yeah, I know, I know, but, seriously, aside from al other real or perceived fundamentals in them, several EVB-wireless/commun. stocks, like, AWE, NXTL, WCOM, UNWR, etc., have continued to grow subscribers, and rise in revenues, for real....just a matter of time before they get taken over and/or have mergers down here, duig ? miss them at your own risk....as usual, I may be the first/only guy around suggesting this.... 3) and, as of Wed., tons of busted Techs on my list are trying to form double--bottoms, and extended bases for buyuing again, while others break....as above, a real interesting shift occuring within those industry groups to take advantage of, see sec. (3) and (6)....

4) recent breaks have allowed us to remove plenty of potential longisders, cull lists, neat, as usually happens during/after yucky times, in advance of impending buyable bottoms, in the normal "PSYCLE sm" pattern, yes ? ....5) hey, I gave ya more already-popping depr. Energy stocks recently, yes ? you're welcome....it's all part of our I.G. R. to take advantage of.... 6) gee, one would think, with our first-here-perfectly-done Put in CC, that people would have bt. puts in the one still standing, BBY, but, as usual, nope....if not, why not ? ....7) and I am again seeing too much 'money going into consumer-non-tech. type stock beginning only up here near their highs, and too much baby-bathwater dumping in previously-huge-names-which-they-told-us-were-of-impenetrable-quality Techs stocks....neither trand can continue, and both are going too far in each direction....

8) the XLK, 'conputer tech.' index, may shape up, along with many similar stocks, as a saucer base buy again soon....as usual, I am/will likely be, the first/only guy to foresee this coming opportunity....don't you miss it.... 9) note, I added a plethora more depr. Biotech-drug stocks buyable around here ahead ....don't miss them again.... 10) while I do like many depr. Trans. stocks long, most Railroads are not included, more, cars, trucks, parts, dig ?

b) more, misleading, sensationalized, Late, and/or improper/incorrect comments from the Financial Media, Reporters, etc.:
1) the pattern rarely changes, as Wed. 10:35, a nice-but-unenlightenened guy on CNBC, reported on a supposed 'sleeper-super-buy-here' stock - but, it was, as usual, one that I was, as usual, first/only to ADD it as a buy herein from at lows, herein, around $ 13 base, recall -- when, as usual, it was specifically blasted/panned by ALL the CNBC and finl. media people (as usual, near its low, after they all held it all the way down from hhere they previously loved it at highs, as usual, etc.), as those lows....and, now, it has more than doubled, as usual, and only now do they like it....perfect "PSYCLE sm" behavior/pattern, ay ? are you learning ? if not, why not ? ....2) CNBC's 'dgms' Maria Bartiromo, Thu. noon, misled again, exclaiming, "AIG stock is getting SLAMMED, down 2.5, to 70.7, on worries about" fundamental items....uh, 'slammed' just a few percent ? amazing....reporters will NEVER change, ay ? ....3) as usual, recent headline, "Investors pound PHSY after blunt analyst warnings", comes only after stock down from where they loved it 40, to around 15.....recall, i have been near-perfect on PHSY a few times for you herein, recommending putting after big rises, and buying after big falls to bases, yes ? so, you know what to look for probably again soon....oh, and, as usual, even their headline is mileading, as PHSY stock was NOT 'pounded', it only fell 15 % more....next....

4) and in another dastardly proof-example of my "PSYCLE's" opinion about 95 % of all Finl. Media, the WSJ, because of a 'feud' with them (dgms), is trying to publicly 0and maybe immorally and incorrectly, smear FRE and FNM, as 'being similar to Enron in their accounting, etc.", which, is, obviously, a real stuuner, ay ? supposedly 2 of the most conservatiive, quality firms in US history, to suggest FRE/FNMmare crooks, etc., is ludcrous....of course, the WSJ is so powerful, who polices the WSJ ? anyway, the WSJ has had animosity towards these co's for yeras, long story....but referring to them as, "poorly managed hedge funds with terrible financial disclousure practices"....dgms....while their 'perfectness' may not be as 100 % foolproof as the street has suggested for years now, there is no need to clam them that way, even if correct....as I predicted early on, this is just 'the way the Media had become, because of overreacting to everything, including Enron." oy.... 'nuff said....

5) and in yet another probably misleading./indcorrectly-timed headline, recent L.A.T. "Crude Oil Prices falling on rising U.S. reserves", comes, as usual, when i kinda LIKE the Energy stocks long....even if reserves ARE +7 % more now, than at this time last year (which would normally be good for consumers/prices, if the 'system' had not been improperly messed-up by those in power(pun intended, dgms), their 'timing' is, as usual, contrary to what the technical stocks charts are saying, yes ? are you learning the pattern ? if not, why not ? i am always here for ya.... 6) L.A.T. Tom (dgms) P., actually columned recently, about a slowdown in mergers and buybacks by corporations, at least partially recently because they are scurrying around rechecking their books, etc. - but mergers had been slowing in reality for over 2 years ALREADY< and he nbever wrote such an article suggesting thet reason, dig ?, soonce again, reporters are toejam....just using 'whatever overreported/sesationalized news just broke', to try to 'link' that item to whatever they wish to say now, dig ? re-read my Media booklet, dgms....

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) we had to remove a few Biotechs, no biggie, but others certainly remain fine, and this again proves the value my non-emotional approach..... 2) I heard recently that, supposedly, GMH under $ 13, is trading at a 15 % discount to its 'supposed takeover by DISH, value", and it is probably just a matter of time B4 GMH gets gobbled up, so watch it and see if I am correct from there.... 3) gee, let's see, all of wall st. lauded JPM as a pillar of the world's quality - at its high near 60, yes ?, and, only now, its a pariah at $ 28, right ?, same co. - dgms....and, of course, only now, S & P lowers iits rating on it....thanks for nothing, as usual, fellas....the pattern rarely changes.... 4) recent WCOM article chronicling its 'problems' (only now, as usual, only after loving it much higher, yadda, yadda), I would ask, how come I never read about their "$ 50 B. in goodwill from acquisitions, on its balance sheet", until the stock fell to $ 6.- the pattern rarely changes....will they ever learn ? nope....But, i say, there reamain tons of cell-pohone users paying their monthly bills - accepting lower payers and corporate cutbacks in services - and this industry WILL rise again....

5) also, evidently, Cisco (yikes !) has been accused of being involved in 'questionable partnerships', in their $ 7 B. in acquisitions in recent years, with the Media suggesting similar to Enron, also....oy....I guess this will take a while to stop....anaylsts have been in tons of companies like these' shorts, for years now, yet they all either missed tons of fundmentals (nevermind that analysts are most-often incorrect anyway in their B/S timing, re-read my Booklets), now I wonder how many of these stories have legs....we shall see....but the 'witch-hunt' mentality now among the Media and Accounting and Legal professions, dgms....not only did they enrich themselves missing tons of 'fundamentals' in the past already, hurting billions of poeple with trillions of dollars, improperly timing investments prices, now be assured most will also miss tons of tops/bottoms forward similarly, twith respect to 'accounting shenaigans'....this will liekly never change....but the "PSYCLE sm" patterns will continue to work, since physics and himan anture cannot be 'fooled-around-with-while-no-one-is-looking, dig ?

d) more, likely late, incorrect, and/or misleading, comments, from Brokerage firms, NL writers, Analysts, economists, Money Managers, etc.:
1) An eentsy V.S.T.-only bearish item, as recent Unsolicited e-mail from Tradetek (dgms), only now, says, "make no mistake about it - the stock market is staging a HUGE COMEBACK" (quote)....oy....where have these guys been the last 5 relatively EZ months of/for longside gains ? next.... 2) WaveWire's Tobin Smith, is newly even more bearish S.T. - even as many techs rally a bit - also actually 'linking' (dgms) "higher gold with even lower tech. stock prices coming....firming bond prices and finl. stocks, and a H & S look to the SOX index, also signal complacency, and no bottom in sight in this butt-ugly market....brokerage stocks also weak"....we shall see....wish I knew his L.T. past T.R. ....3) among new porposed rules for stocks analysts, are things like, they would "not be permitted to report to investment bankers at their b-firms, their research would not be reviewed by investment bankers, would have to disclose whether they or family owned any stock in each co., b-firms would have to disclose any compensation received from companies followed/reported on, or in the next 3 months after publishing research on them, analysts compensation will not be able to be linked to investment banking transactions....I say, aok to all, been a long time coming, dig ? but, as I have been saying for decades, it always seems to take ahuge debacle or stiory, to get the white, in-power, age-40-to-70-gang, to change anything to benefit the masses....dgms....

4) and kudos - NOT - to S & P, which, Mon., finally put Calpine on its 'creditwatch' for possible downgrade' list....hey, thanks again, for nothing, folks, all the way down with no stops or warning....

e) more general, political, misreported items proving why one should probably ignore 95 % of everything else out there:
1) famous expose-movie-director Michael Moore, on The Daily Show, Thu. nite, said, that Kenneth Lay himself, one of the top Enron nasty-guys, was actually given a desk near Pres. Bush's office, and helped hand-pick Bush's Energy people in our Govt. - dig ? which makes, of course, your President is lying about 'not knowing K.L. much, etc.", and, of course, Dick Cheney ex-of HAL, we knew was trouble from the start....no problems there, ay ? He also said, our Govt. was trying to negotiate with the Taliban, last August 2001, HAL people, etc., to build an O & G pipeline through Afghanistan (which I was told about earlier, actually, BTW), so there you have it....and that our govt. allowed several Bin Laden families out (yes, out) of the USA, after 9/11, in private jets - while all other air travel was halted nationwide....all from the NYT, WSJ, sources, etc. The FBI was real pissed -but, since they had been in Bush's underwear all along, how did THEY also miss this ? I rest my case.... hope many people read his newest book on this whole subject....great system, huh....

2) and recent news stories about how, at least in Florida, evidently, money mgrs. charged with helping the stat'e retirement system, continued to buy tons more ENE stock - at 0.30 no less, while having held it all the way down from after a breakdown at $ 22 (dgms)....not only should cheapies never be bt. in any pension accts., to have no oversight of such a thing, nor any stops, nor puts, is, well - normal, huh, but nasty, and, bordering on immoral....

3) what a shock --- not: recent headline about "Miss Cleo's" supposed psychic line being very fraudulent....well, duh....proving my tenet about how ignorant 'the 95 %' are, they had taken in $ 360 mm in just the last 4 years, yikes....and thousands of complaints, of course....nice business, huh....they even lied while they "said' callers being put on hold, was free....but rang up tons of bills on that (pun intended)....an avg. calls is around $ 60....yikes....funny also, they asked how the employees involved could not be complicit, when, in fact, they purposely kept callers on the paying line, asking routine questions, etc., plus, actually called callers backto get them again, endlessly, etc., well duh.... and wanted 'proof' that Miss Cleo was a "reknowned shaman, with a great past track record"....next....proves my beliefs again, yes ? ....4) and CNBC, Mon. 12;30 reported congress trying to implement new laws, which, get this, "will make it easier for the govt. to punish executives who mislead investors"....uh, oh....here we go again....God forbid they would instead Educate the millions of investors out there, huh....hey, fellas, here I am....the only relative 'winners' may be, as usual, attorneys ....oh, yeah, I forgot, most politicians ARE attorneys....oy.... we can't win, huh....

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....'negligence' is relative, and putting even more pressure on just one person, the CEO of every co., is unfair to them....and, BTW, the aging 'U.S. treasury sec. Paul O'Darvas' interviewed, should really fix his very-loose dentures ....man, the guy is supposed to be a pillar of society, and has full dental coverage, for free....shouldn't this appearance be perfect ? dgms....

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....