1) "PSYCLE SENSE sm": new:

Things still happening pretty-much as I have suggested - no huge new lows pullbacks, but many finishing their initial pops, longside, while buying many replacements independently.... also, adding some Puttables, having gotten a ton of Put Gains, but seeing a few QSL's there of no consequence....so, we are vastly outperforming most all, lately, while the unenlightened remain not in attractive ideas enough....there remains a ton of cash on sidelines nationwide, pros and indiviuals alike....neat....

another decent bullish-after-corrections sign, as I.I. % bullish actually fell further recently, even after the Fed rate cut....but, the "% of stocks above 30-wk. MA" remains a little too high - but, that measure never confirmed nor signalled the recent foreseen-only-by-me-and-few-others recent S.T. bottom.... so we stay the course, keep buying, keep stops, and staying somewhat positive....

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) I will remind y'all I was, again, as usual, the first/only to give out Steel stocks at lows, all up nicely now.... 2) and, I was certainly the ONLY (and first) to give out Ratil/Apparel stocks herein for you from recent lows.... 3) and looks like I may be wrong for VQ, VS. losses, in some Financials Puts, no damage....of courtse, stock traders could take that as a 'buy high, plan on higher' signal, and, confirmation of my 'not waiting for huge pullbacks, but keep buying depresseds in good "PSYCLE sm" patterns regardless', as well, yes ?

b) more, misleading, sensationalized, Late, and/or improper/incorrect comments from the Financial Media, Reporters, etc.:
1) L.A.T. 4/20, chronicling the now 5 recent-past NASDAQ rallies 'during the bear market since 4/00', and the recent one, by them, was the same up + 30+ % as the may-July '00 rally....meaning, this may indeed be the real thing - after pullbacks, of course... 2) and every single mtg. guy I know (which is a lot), says that's it for lower mtg. rates, meaning, they will probably be wrong, dig ? I mean, these people have no perspective past a few days, dig ? and are the same people who were wrong all the way down in RE values from 1990 to 1995, and failed to foresee recent rate declines, etc. - take this as you wish....the previous 'low rate level' was in 8/1/99.... 3) in another late-as-usual headline, L.A.T. 4/22, "shakeout could be on the way for the PC industry", should have, of course, been published months ago when it might have helpoed save a trillion dollars for investors....but one analyst DID suggest some takeovers because of low stock prices....I agree....

4) as usual, CNBC finally mentioned recent strength in Steel stocks -which, as you know, i was, as usual, the first AND only guy to have given out herein near lows....you're welcome....

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) front-page stories recently about how, supposedly, 'amrgin debt' fell the most in a long time, which, according to the reporters, signals that 'speculation is cooling' - when, in fact, it had already cooled, months ago, as usual, reported too late (don't get me started) ....."de-leveraging' is their term...'wrung out'....and lowers the likelihood of more margin calls', which would be anotther decent sign, as I have correctly been pointing out to you herein recently....as a % of mkt. value, margin debt is now down to its 3/99 levels, before the last parabolic rise in Internet/Techs....they also said, 'tax selling was already done', again, my agreement....both Schwab and Datek said mgn. debt is less than half its levels of a year ago....and, in a surprise, thay both said "there has been a sharp increase in new accounts and activity" recently....Exactly as I was among the very few to suggest, no selling, meant a rise-into-a-vacuum S.T. anyway, a tenet I teach in my Booklets for years....

d) more, likely late, incorrect, and/or misleading, comments, from Brokerage firms, NL writers, Analysts, economists, Money Managers, etc.:
1) L.A.T 4/21, "Rally catches short sellers by surprise", gets published, as usual, only AFTER way up, yes ? the pattern rarely changes....there had been a record amt. of 'short int.' NASDAQ at the end of March - 3.6 billion shs. - we know not, April's figures, yet, but should be interesting to see if lower, dig ? their table titled, "Bear Swarm" showed NYSE shirt int. rising from 3.8 B shs. in Jan. '00, straight up to recent 5.4 B ....last, the writer said, "the rally may continue for a while, because more short sellers are likely to buy back still more positions, adding to buying pressure...." I agree - after pullbacks.... 2) as I see more and more major B-firms incorrectly loving them at highs, now lowering estimates/opinions on Tech. stocks, laughable....I need not report any of them any more herein to you....

3) hey, Tue., CNBC reported that Warren (late and overrated in recent years) Buffett, is only now buying some extended Utility stocks near highs....we shall see....gee, maybe we'll have to watch for him to finally begin buying extended Energy and Financial stocks, ay ?

e) more general items proving why one should probably ignore 95 % of everything else out there:
1) interesting....with all the fearmongering, real and perceived, about negative Calif. stuff, why are Calif. G.O. and Orange County Munis prices NOT tanking ? why have they not tanked ? their Funds have, generally, gone in the last year, UP, about 9 %, then pulled back 4 %, but remain higher than at this time last year.... 2) once again, recent study of teens, showing their rampant financial ignorance, which, as always, I blame on bad parenting and scvhool systems....the quote from shocked surveyers, "teens don't understand that what they don't understand is real important" - agreed....'nuff said... 3) following-up on a story I have been reporting herein for years, real bad for cunsumers, decent for companies in the Broadcast biz, the FCC lifted still more bans on cross-network ownership....oy....still higer fees coming....

4) similarly, all I see everywhere are prices rising in all sorts of items, contrary to what one hears about 'no inlation ever'.... 5) and, exactly as I have been saying for decades, a recent supposedly big poll found over 50 % of Americans favoring Nuclear energy plants to help our energy crisis....God forbid politicians should do even one proper thing for us....Nuclear has always BEEN an answer, cleaner and safer than the Media and 'the 95%' incorrectly fear....

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....