1) "PSYCLE SENSE sm":
3) Most recent Hypothetical
"PSYCLE sm" transactions, to be mimicked, and referred back to:
4) Already given out in previous NL's,
assumed Hypothetical "Long-side" positions:
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, at least 8) "PSYCLE sm" Lesson for
today:
a) Important Industry Group (Rotation) notes: 1) I am hearing more and more analysts and super-positive messages, falling in love with the "Semis/Chips" stocks way up here....get it ? added some in sec. (7) below....remember, I gave out most of those, months ago, near their depressed lows.... 2) our Gold stocks, though up, must still follow-through on the upside, and rise above resistance here, or we may begin "1/2 pos., real S.T. sales".... cash Silver is also coming into S.T. resistance just above here.... 3) most Intl. Oils, still look puttable....and I seem to be the only guy around saying that lately ....4) and, I see a new pot. S.T. Puttable I.G., Aero/Defense ? so I added some in sec. (7) below....we shall see....and, still watching some Biotechs for tops.... 5) while we hinted at the recent new highs among Foreign stocks, some of the Asian issues look toppy, so I added a couple in sec. (7) below....come to think of it, most "addeds" this NL, are "puts"....while "the street" is pretty darn bullish, ay ? hmmmm.... 6) as expected, the T-bond rallied to 116, from 113 S.T. double-bottom, please realize, it still has some decent resistance just over 116+, so please do NOT get super-bullish on the Bond yet.... 7) last, I certainly was wrong about the double-top in Crude OIl, as it made minor new high at 19.70, but, note, very few, if any, Oil. Svc., or Intl. Oil stocks, are running to new highs, dig ? Watch the stocks, Not the commodity....
b) more, misleading, sensationalized, and/or improper comments from the
Financial Media, Reporters, etc.: 1) Fri. 2nd, 8:05 am, CNBC's new lackey reporter highlighted "stocks making new highs on high volume", as "obviously (having) some very good fundamentals behind these": VRTY, MTIC, XOMD, SNE, and, UIS....Gee, I specifically gave out MTIC and UIS, in beautiful "PSYCLE sm" depressed bases, MTIC under $ 2., and UIS around $ 6, two years ago, in my NL back then....check out thei L.T. charts....and, once again, we see "the Finl. Media" showing stocks, as supposedly "newly attractive" to them, only AFTER they have already risen a ton, yes ? But what good is that ? and, as I teach, often, "high volume, AFTER huge % rises", also smacks of the beginning of distribution, right ? we shall see.... 2) I saw a great cartoon, "Rubes" (Leigh Rubin), showing a newspaper selling boy on a street corner, holding up a "completely blank" newspaper, saying, "extra, extra ....newspaper printing press breaks down.....read all about it....tomorrow !" A nice parable for how "news", is most often "olds"....and, most often, useless anyway....
c) more incorrect/improper/misleading Media comments from "Fundamentalists/
Companies/newspapers/mags", etc., vs. illogical/contrary/unlinked stock prices moves, etc.: 1) CNBC, Fri. 2nd, 8:25 am, had a big guy from S & P, reporting on stocks they like/don't like....anyway, he was warning on Mirage, which, as you know, I was among the very first/only to have given out, in its beautiful S.T. stage 1 base, months ago, before it doubled....The "PSYCLE sm" lesson, is/was, that, at the lows S & P hated it, then, just recently, they liked it again, near its highs, when all of Wall St. liked the Gaming stocks (remember ? top of S.T. stage ....2), while I then published my own warning that "Las Vegas itself" was a continuing "top", growth-wise, overbuilding, etc. (remember ?) herein....and, now, of course, MIR is pulling back from its stage 2 top, and, I wouldn't be surprised if some Gaming stocks (like HLT, which I have given you at 13+) set up for another bounce down the road, dig ? the pattern never changes.... 3) CBS Marketwatch, July issue: exactly as I was first/only to point out to you in earlier NL's, article, "Where are the buybacks ?" proved once again, that only a fraction of "announced" company buybacks, ever evben come close to actually occuring....As usual corporate american mgmt. is misleading and propagandized, when it comes to this issue....many Internet companies were among the worst culprits recently.... also, Banks, Telecom, and Techs, failed to actually buyback many shares....This also dovetails with my previously explained item about how many Internet company employees are upset that their "internal options" are now only exercisable ABOVE recent prices....hah....the "something for nothing" crowd is slowly dissapating ....
d) more, likely late, incorrect, and/or misleading, comments, from
Brokerages, NL writers, Analysts: 1) Thu. 1st, Lehman Bros. announced their "10 uncommon values" stocks for rest of year: AOL, T, FSR, F., INTC, KLAC, LLY, MSFT, TYC, GIC....as usual, not an even moderately attarctive stock among them, vs. their L.T. past charts (my thanks to subscriber S.V.).... 2) Thu. 1st, on CNBC, 12:45 pm, Ned Davis Research, people I do respect, showed charts of two indicators they said, gave "sell" signals for stocks Thu., the "Bond Yields vs. Earnings Yields on stocks", and, an "inflation potential because some commods. are rising", indicators.... 3) saw a new Brokerage Firm commercial on CNBC, bragging that their "stock selection criteria" includes, "only stocks which have shown positive earnings momentum for 8 consecutiuve quarters." Ooooh, be still my heart....gee, "only" the past 8 quarters ? Not farther back ? This, of course, points out the too- S.T. focus of even institutions, and gives you and I, technical/sentiment trading opportunities, in both directions.... 4) on KWHY-tv, Fri. 2nd, after the close, F. Barbera, said, "if the McLellan Oscillator gets above 100 (it is approaching it now), that would indicate the potential for a rally that stays around for a while"....But, gee, Frank, wouldn't it have been better to have foreseen/predicted the recent strength, BEFORE it happened, instead of waiting till it almost ends to "confirm" its existence ? Of interest, the last 3 times that indicator "confirmed", by the time it "confirmed", the rally was close to ending, dig ? As I teach, "waiting for confirmation" most often means getting in near the End of the trend, yes ? Learn to anticipate, rather than react....
5) CNBC, Fri. 2nd, 8:50 am, CNBC weather guy, says, that the over-covered supposed "La Nina" might me "dissipating", and, that "Corn" may rise a lot in price....but, then, a commodity guy, said, the same conditions, would raise Corn yields, forcing prices Lower, just the opposite opinion....see why I ignore 95 % of all real or perceived "fundamentals" ? Of course you and I are paying huge govt. subsidies to farmers, down here, yes ? How do you feel about that ? As I said in a NL last year here, neither El Nino, nor La Nina, carry/carried predictable/predicted effects related to commodity prices....Meanwhile, the Grains broke recent lows, big-time recently anyway....but the CRB Index itself is just pulling back, as previously menitoned here....I am not expecting a new low in that Index....See ? that's why I.G. rotation is so important....some commodities rise, while others fall, so one must "look within" the market to exploit specific ideas....
As you have seen over the last year, how well one does, just "doing" the
best individual stocks, and 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 before they begin.
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." here in section (3), means, "the balance" of assumed long
positions, assuming an initial "1/2 pos." sale....and, "css" means "covered
(previous) short sale", where no puts options existed....
bal. puts IR (78- to 62) for Q 133% Gain....bal. puts DJ. Util. Avg. (333 to 316) for VQ big % G....1/2 pos. puts NEO (18+ to 14) for VQ 111% G....1/2 pos. calls NEM ? ....stk.on.mgn. SGU (14 to 17+) for 44% G....
and/but, longs, NGX, SSN, and, puts, NDN, PERC ?, for quick, very small losses, normally of smaller overall consequence to a properly diversified L.T. portfolio....plus, again, I bet almost none of you actually "had" any Puts recently, even among all those big puts Gainers I gave you herein....it will still reward you to learn how to do "puts" forward....but, still way too many QSL's all of a sudden....rare....
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/Losses would have been multiplied, higher, right ? We
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. buying those stocks on Margin, with close stops, where suitable, instead, with less arithmetic risk, and yet, similar reward potential--- stocks themselves have no "premium",
right ? and, of course, if one just bought said longs for cash, and not on
margin, the % Gains/Losses here would be relatively smaller, though still excellent, for such short holding periods, yes ? also, obviously, these "transactions" are always listed, from biggest % Gains, to smallest, then all losses....
(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....
(new ones) HUM @ 13-, 1/2 pos. OCR @ 12+, 1/2 pos. STEI. @ 14+,
"Repeats": (note, some new ones today !) AAM @ 1 3/8, AFG @ 33+, ALL @ 35+, ASA @ 16, ATV @ 1 3/8, BEZ @ 19+, BS @ 7 1/2, BYX @ 3 9/16, CAU @ 0.20, CCH @ 0.28, CFS @ 2 15/16, DAY @ 0.08, DMI. @ 2 15/16, FLE @ 25-, FNL @ 5-, FOTO @ 3-, GDC @ 2 1/4, GISH @ 2 13/16, "Gold" @ 260+, GRERF @ 0.28, GSR @ 11/16, HEC @ 1 11/16, HMA @ 11+, KRY @ 5/8, MAN @ 22+, SAMC, TGX @ 7-, VGZ....most are still EVB's, bases, and/or low-priceds...."buy (only) low", right ? but some are "optionables/higher-priced) (but still Not that great a list, as I have been intimating recently)
NOTE: as I teach in the "Green Guide", countless times, you should know, that, often, there is NOT "just one day, time, or price" 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, or longer tops, right ? When/if they rise/fall in between those times, I follow-up those moves, in section (4) and (5) ....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 the charts of the stocks herein, first....and there ARE subscribers who DO want "longer, more thorough, teaching" NL's/items from me....so I give it all, for all your situational needs....your choices, no excuses....
*** therefore, 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 !!! "Just get close", and do everything else properly: the stops, VIEWING the charts BEFORE acting, NOT forcing trades, NO emotion, diversifying, etc., and, of course, LEARNING the stages/patterns of price, ind. group, and
sentiment/media, patterns.
** Important: took, none, --- Off the pot. Long Buys list, before they might have been Hypothetically "bt." ....we do Not "Guess" at bottoms....
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, etc. --- either, for
straight Cash, and/or, on Margin, and/or (only) 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....LEARN the
patterns !
**** Newly BOUGHT, long "PUTS" (or "short sales" if no puts),
for potential Drops: alphabetically by symbol:
(new ones) ARC @ 87-, ASD @ 48, BBBY @ 39, BCE @ 50+, EAT @ 28, RD @ 60+, TERN @ 56-, UTR @ 29,
"Repeats" (note, revisiting some recent names again):
ASTE @ 43+, AXE @ 18+, BSX @ 43+, EDS @ 58+, FO @ 43-, FULL @ 69+, ITW @ 82-, KMT @ 31-, NMR @ 30, OAT @ 69-, RATL @ 36+, RAYS @ 17+, SWC @ 33-, SYB @ 28+, USAI. @ 43-,
and/but, took, GMST, NVR, ADPT, CMCSK, NT, Off pot. Puts list, before "put", as they aborted their patterns immediately (also see recent past issues taken off, here)....also, any new highs = off the Puts list....VIEW their charts, to see what aborted Puts patterns look like, for YOUR benefit....
*** and/but, among stocks recently given you herein, in sections (6) and (7)
below, we "just Missed", ONSL, NTN, CKP, CDT, PER, EAR, IBC, as Longs/Buys near very recent lows, and, RTRSY, BEAM, CMVT, WAT, CL, as Puts/Shorts, near recent highs....Every single stock here was specifically given you herein, in sec. (6) or (7), previously, and you very likely could still have caught them, if you took the time to view their charts recently....More proof of the power of "PSYCLE sm" patterns.
I will always tell you here, also when we "miss" catching suggested ideas, so
you can "view/see" and LEARN their charts/patterns, for your educational benefit.
Also, this 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.
(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):
**** 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).
AAM 1 3/4 up 1/2, SWW 3 1/8 up 3/8, DGN 17 3/8 up 3, TGX 8 up 1 3/8, IDC 4 7/8 up 3/8, HOC 14 5/8 up 1 1/8, EGR 26 3/4 up 1, TMK 35 1/2 up 1 1/4, SGI. 17 1/2, ASA 16 7/8, AU 22, PFC 8 1/4, KEG 3 5/8, MAN 23, HLT 15, "Gold" hit 265, Silver at 5.54 hit its 50 DMA, up/still higher, since last time here....while, NEM hit junction of 50 and 200 DMA's....and, SGU hit its 200 DMA (S)....and, ASDV approached its 200 DMA....and, ATML hit 28, MLP 20, up further....
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....always view the One-year Daily charts....
and/but, then, seeing Many pullbacks,
and/or bounces off pullbacks: BAL 2 1/4 up 1/2 (S), BEZ 20 3/8, CNC 31 1/2, SGU (S), HLX, RIG, PSFT, WH, LFG, BXH, PLC, LDW, AFG, TXM, BS, BUNZ, APFC, RJF, PMC, SVRN, TSA, HIV, TXB, RAD, TWA, ABH, WTT, UDG, UFC, LDW, OCN, SXTN, HEC, TPS, CGI., MSN, ESC, RTC, CCH, STE....some of these are also in "ms/sos" 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, minimum, at one time, 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 ble 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".
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....obviously, any stock near its lows, or close to breaking, "must
strengthen" or else, yes ?) FOTO, CNC, SUB, RAL, UFC, HLX, CHB, BUNZ, OCN, WTT, BYX, DAY, BGO, SXTN, SSC, OMM, ESC, HEC, RJF, PLL, RYO, CAU, MSN, WH....
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 Puts, unless otherwise noted):
TERN -2 1/2, ASTE -2, HLIT -2, KMT -1, NMR -1, ARC -1, DRQ, EAT, NEO (sow), down/further, just since last time here....and, PE, fell further, to 42 (S) at its 200 DMA....see it ? OXHP, NEO, also fell towards their 200 DMA....
Note: these have always been listed, by "number of points
falling", from most, to least...."(sow)" means, "Sell previously long puts On
next Weakness, towards/near support"...."(S)" means sell/sold their previously
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.
* But, then, these, are
acting too Strong, and/or are Bouncing, and/or Must Weaken anew, and/or are sales
on pullbacks/weakness ("sow"):
Again, we still need to see many stocks break below recent
lows/necklines, and, so far, that has certainly NOT been the case....hence the
recent "1/2 pos.(ition)" sales in sec. (3), dig ? You are on your own,
regarding buying Puts after "bounces" which occur in between NL's, which do not
break to new highs, or do not break toppy patterns ! 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 the Patterns 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", or "fewer" stocks to review here, especially in the
next two sections here....but that says how cheap many stocks have been at times,
right ? View their charts, piecemeal, at least....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, i.e., in a "pension plan", one should probably
not do the real cheapies, etc.
"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.
Prec.Metals (GSR, CCH, VGZ, CAU, KRY, DAY, AZC, BGO, PDG, ASA, most all real cheapies, riskier, some may need more work/time)
Foods (OPTS, UFD.A, VBAC, VL), others are already up....
Insur./Financial: (LFG, AFG, CNC, TW, SVRN, ALL, TMK)
and, Cyclical/Steel/Copper, etc., stocks, likely, again, but ONLY after/on bigger pullbacks....
Note how many stocks there are on these lists....what I see, I share, for your benefit....as I have said countless times here, try to VIEW at least "some" of them, every day, for, say, 10 mins....do NOT try to view them all, at once.... since most remain on these lists for a while, hopefully you will know when they pullback to buyable levels, having seen their chart patterns before....
We are Also "Watching" --- as potential EVB's, or "basing" or "double"
bottoms, near recent lows ONLY: adding, SHRP, OCR, MXG, HPH, TLD, CBR, HA, to, RGA/A, IT, SAVLY, ACL, LTV, STEI, FLC, DMI., TXM, HZP, AVM, CFS, EAR, TKN, NTN, HIV, MT, S., to, those listed in section (3), and those just above here, plus,
"repeats" (alphabetically by symbol) (NOTE: added "still-close" stocks, from
recent "Value Line" list, and removed others) AIMM, KEG, ATV, BDT, BEZ, BYX, CCC, HMA, CWC, FNL, GDC, GLDR, GRERF, HEC, HNV, IO., MSN, PFC, VDC, RTC, SAMC, SCY, SHOW, SWW, TTRIF, TWA, UQM, WGA, XCL, still, most as "EVB's", with a few basers ....still, not that great a list, in the main.... which should tell you something about "the marketplace".
also "Repeating" recent, 'Longer-term-only' "watching" list: a real mish-mosh: ADM, IHK, DMI, NVX, NX, BOGN, MAN, STE, CYB, PMD, MMP, SEM, TW, IGL, HLT, RAD, NCT, SGE, ELK, MRX, EXX/A, GNRL, BTGC, TSA, HOC, TPS, TZA, HMA, NETA, CDT, SHO, TXM, VL, HUM, VCR, IDC, IRSN, ONX, ONPT, GISH, PBY, NHP, ABTX, LDW, TIE, as potential "EVB"s", and may base/bottom ahead....will let you know in sec. (3), as usual....some still need technical work....and/but most, only on pullbacks towards lows....and/but, not any of these above, when/if they make new lows or break budding bases/patterns....don't "force" trades....and be sure to do your 'fundamentals' homework on the lesser-known ones....
Remember, this is primarily a "watching to possibly buy" list....They only
become Buys, when they appear(ed) in sec. (3) above, and/or when/if they decline
towards lows and hold, yes ? That's why YOU must LOOK at their charts, over
time, when you have a few minutes....How else are you going to learn the patterns
? This is a positive, not a negative....
**** 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"....
(NOTE: again, if they are already down appreciably from their highs, do NOT
chase them down):
Biotech, Pharm., Drug, Health, Medical: UNM, BSX, etc.
Telecom/Commun./Internet: LMG/A, AMFM, PCS, NMR, etc.
Financial: PAYX, ABK, etc.
Cap. Goods/Machy./Cyclicals: ITW, GLK, BCC, etc.
other "techs/computer/software/semis/media, etc." , Puttables, are in two lists just below....
**** new ones: added, ASD, AT, AXE, BBBY, BCE, CCBL, CMCSK, CMVT, GNET, IMN, KMG, MERQ, MLNM, MMXI., MUR, PLCE, RD, RTN, ROK, SBC, SCNYB, SDC, SFA, SFX, SSP, ST, TERN, TRK, TSM, UTR, VCI., VRIO, VRSN, to,
("repeats") ABDR, ADVP, ALTR, ARC, ASND, ASTE, AWRE, BIO/A, BPA, BSYS, CCU, CPN, EAT, EDS, EL, EXDS, FDS, FO, FON, HLIT, IBI, LEA, LXK, MCLD, NTLI, NXLK, OAT, PKS, PL, POS, RATL, RAYS, SBUX, SCAI., SEE, SEIC, SYB, TQNT, UCOMA, USAI, VTEL, VRTY, WAT, XLNX, XRX, and most "amex WEBS" securities....
**** the Best Puttable Industry Groups: in no particular order, and,
understanding we have already HAD some nice drops, and/or QSL's: Extended and at
least Semi-parabolic: Machy./Cap. Goods, Energies, Health/Medical/Drug/Biotech, Finance/Banking, Entertainment, Computer/Internet/Software, High-PE Techs, Media, and most all Tele.-Commun., some Airlines, Retail, all near their recent Highs ONLY, w/close stops above their patterns....also, note how we are revisiting some of our past Puttable stocks, as some tops broaden....
VIEW THE CHARTS....SEE where the 200 DMA's are....LEARN THE
PATTERNS/STAGES
NEW very brief LESSON: given the ideas shared in sec. (3) above, no lesson today....please just re-read my educational booklets....and take some time to VIEW some charts....
**** The following several paragraphs are in every
NL:
I have been so busy, expending so much time/effort, researching, finding,
and giving the ideas I do in each NL lately, and creating each NL itself, I have
not had time to give many more "Lessons" here lately, nor to finish 3 more real
valuable "Booklets"....FYI, 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 my 12/7/98 NL, through the 12/28/98 NL....refer back to, and re-read, those section (8) lessons, any time....hope they helped....they remain available, on the web....also take this time to VIEW charts from section (3) and (6)....
NOTE: just a quick reminder, that, as per the green "Guide", a single 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 pulls 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),
iliustrates this helpful item....This is very simple: 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.
Remember, the time length of the full
trip from stage 1 through 7, can be one year, or ten years, or 100 years, etc.,
depending on one's desired perspective....A stock can be in one stage S.T., and
another stage L.T. But 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 1-2-3-4-month patterns, holds,
and moves, and NOT overnite, nor daily nor intraweek moves. Trade less, make
more, lower stress, free-up time, etc.
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 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 stays with it....and, to, always, 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....
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 '98 tops,
and July '98 tops, and drops, have proven that yet again.
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....