1) "PSYCLE SENSE sm": new:

Note how many new Tech. buys added still....if I didn't know better, I'd say, Sunday nite, that many Techs would indeed have measured-move new legs up, after current consoldiations end soon....we shall see....

But, the A.A.I.I. members are now 63 % bulls, kinda too high, V.S.T. only, and Barrons 5/7, pointed out historical weakness between May and Oct. yearly going way back, and their money-mgr. [poll showed too much bullishness as well among those guys....But Ned Davis, a semi-bearish guy usually, said the 3 rd Fed rate cut plus his "TRIN" reading recently, were the most bullish he had ever seen....and that there remains a ton of cash for investing out there, and he's real bullish again soon....Money market assets now represent 16 % of the TMV of NYSE stocks, the highest level since late 1990 - and you know what happened after that....so he agrees with me, that this rally must overshoot, get people somewhat excited again, then blow them away only later on....

Of course, by then WE will likely have made a lot more money on the longside, using the patterns which worked so wel from late March/early April....

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) among indexes, the Amex. Comp. approached its 2200 DMA, the 10-day A/D Osc. NASDAQ a bit overbought, the NYSE. Comp. at its 200 DMA, and the DJ., Util. Avg. fell to its 200 DMA as only I predicted, again, correctly.... 2) and/but, Tobaccos and now some Banks may have broken out/up, we will not fight the tape.... 3) as only I surmised, tha T-bond charts show a potential double-top in yields, which is rather bullish for bonds forward for a while... just as 'the 95%' fear them again, as near-perfect contrary indicators, as usual.... 4) recent Barrons found analysts loving Energy and Financial stocks the most here by far, and hating the Techs and small-caps still - should be good for us, further, ay ? ....5) but, contrary to the chart, get this, 99 % of polled mgrs. expect I.R.'s to fall 'guaranteed', from here....I am not sure I have ever seen such a reading....can't be good for Bonds....weird, given the above....and, everyone I hear/read about is expecting another I.R. Fed cut soon....whichis,m again, why we outperform, exschewing most contradictory, ephemeral, and often incorrect or misleading, real or perceived external/fundamental/financial stuff....

b) more, misleading, sensationalized, Late, and/or improper/incorrect comments from the Financial Media, Reporters, etc.:
1) L.A.T. Tom (dont get me started) Petruno, did show how 'buy and hold' for tons of 'names' the last few years has not worked...as I have taught you....thanks, guy....but he also showed the "nowhere DJIA from 1965 to 1980", which is grossly misleading and incomplete, as usual for him.... 2) but at least a reuters column titled, "recent stocks rally at critical point", which is exactly true..... 3) and, front-page WSJ 5/1, headline, "time to give stocks the green light ?" (late), and, "stocks gains for April give renewed hope of turnaround", (late), another not-encouraging V.S.T.-only sign.... 40 and similarly-contrarily, USA. Today 4/30, headline, "some interne5t stocks go from bust to boom", was another ridiculously misleading and useless column, pointing out, obviously but not predicted in any way by them, how super-low-priced Internet stocks has had big % gains recently....of cours,e idiots as the Media are, off tax-selling lows which was mentioned Nowhere in their article (but I gave to you herein late Dec., yes ?)

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) L.A.T. Tom Mulligan article, 4/29, and, USA. Today 4/30, others, masking if 'stagflation' or 'cost increases' in our economy are real or future, both still left out all sorts of items consumers buy daily , ALL of which have been rising, as only I have been pointing out herein for a while now, in their long tomes, as usual, coming to no real helpful conclusions.... ....

d) more, likely late, incorrect, and/or misleading, comments, from Brokerage firms, NL writers, Analysts, economists, Money Managers, etc.:
1) as i have reported herein in the past, recent Barrons chronicled the 4-year T.R. of their interviewed 'experts' 'best picks and pans', and found, their 'pans' rose way more than their picks....as you have been taught by me to expect....and they continue to get pverpaid for that ? ....2) thanks for vindicating me yet again: L.A.T., 5/7, headline, "Wade Cook seminar firm lost -89 % trading its own money"....W.C. himself took $ 28 mm the last 4 yrs. alone, in salary, at the same time....'nuff said....except, wish I could have had a proper shot, ay ? ....3) and another useless analyst on CNBC, Mon., said, "it's much more confortable buying here than last month with all those worries", normally not a good sign S.T., oy.... 4) been reading people-not-as-good-as-we-are saying 'the Russell 2000 index' had supposedly 'broken above a downtrend line' recently, which, while may be true, I should point out to you, that it remains in a defineable downtrend of lower lows....but- on pullbacks, I certainly would be a buyer of all sorts of depressed secondary stocks ....just goes to show you again how misledaing and often incorrect the Media and analysts are....

e) more general items proving why one should probably ignore 95 % of everything else out there:
1) ?

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....