1) "PSYCLE SENSE sm": new:

Aren't you again glad you have had more Puts lately ? Obviously, as of Wed., many sec. (6) ideas became truly iffy (?)....as usual near turning point times, expect plenty of fakeout moves, but as long as one has had some Puts, and stops on incorrect longs, while accumulating other Longs which have not broken patterns, one should come out just fine....

John Murphy actually had salient comment, Wed., citing very recent rise in volatility index (.VIX), starting to rise from extreme historical levels nearound 20, to near 30 already....I say, this signals S.T. capitulation stage 7 here, minimum....but he specifically said we are nowhere near a bopttom yet (this cb a good thing, fading his T.R., yes ?)....the negative, is, ona longer-term basis, the VIX is howhere near March/April lows level, yet, it would take weeks, minimum....he says still not enuf fear around....I wonder whom he has been taking with....everyone I know, has disappeared or turned off or quit....

the recent patterns on literally hundreds of depr. stocks show slight breaks of slightly-higher-level consolidation charts off the March/April lows, leading 'the 95 %' to wonder about double-bottoms....of course, unlikely indexes will accomodate obviously right at those levels, more likely to get some not making DB's, and others breaking below their spring lows....we prefer to take it EZ, while palying both side all along, in issues with still-discernable patterns.... no super-fear, low emotion, no 'extrapolating forward forever, recent not-so-good performance longside', right ?

Meanwhile, the overriding SENTIMENT says overdue for decent rally, as with early spring, and lows, after drops-accompanied-by-mass-depresion, in 1998, 1994, 1990, 1987, 1984, 1981, etc. can't be like this much longer, esp. with Techs, or, as I said recently, there is no future for technology, which, of course, is impossible....dip some toes in longside....and look to take more nice Put gains soon....

and, in a rare comment, B. Schaeffer's guy actually published a tome saying what I am saying here, that the Volatility index "to expect a major market move soon....if the VIX is soundly rejected around the 30 area, up from the 20 area, a major rally could ensue." Of course, he was wrong for a while, but then right being recently bearish....he also pointed out, that the NASDAQ is at an all-time low in RS vs. the DJIA....that cannot last much longer either, right ? and, that this Ovbt./Ovsld. Osc. reading "gave a strong buy signal last week when it gave two consecutive readings over 2.0 (over 1.3 is historically oversold, and this is super-ovsold)"....good for us, soon ?

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) amazingly, dont think I've ever seen anything like this: the ther day, some institution bought - get this - 20,000 Jan. '04 calls at -get this - $ 15., on ERICY....this is beyond beyond.... 2) besides some Airlines, watch some of the Chem. stocks I add herein, for bottoms/rises ahead....and, perhaps we will see more Paper mergers, but I cannot find many buys technically here yet....of course, I was the only guy around to have given them out herein near-perfectly last 16 months, short, then long, then short, then long, yes ? ....3) while I did not formally add them herein because I did not really like them still yet, unexpected/unpredicted by me, the CAC and DAX big Euro., G.B., German, France, etc., indexes, broke all support recently....so removed those CEMF stocks B4 bt., no sweat....

4) finally, more previously-held-up Medical Puttable stocks began to fall Thu./Fri., so far....rotation, as usual, yes ? CAH, HCA, KG, BAX, CNMD, PATH, GENZ, DRMD, FRX, etc., learn the pattern....

b) more, misleading, sensationalized, Late, and/or improper/incorrect comments from the Financial Media, Reporters, etc.:
1) again, Bill Griffeth, Wed. 10:15, interviewing pres. of Pactiv, showed chart, saying, "that's a real good-looking chart" - to which, I say, 'exactly how, guy ?' the past ? the future ? your historical long-past T.R. ? don't you say that about many interviewed stocks charts ? what a waste....

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) a beautifully "PSYCLE-ic" article in recent WSJ, chronicling GE since Jack Welch took over, 1981 to present.... each step along the way, neither 'good' nor 'bad' 'news' affected its stock price, along the way....yet, while Wall St., 60 minutes, bad-mouthed and doubted the co. and him while its stock rose a lot, until 1999, they finally fell in love with them - right at the top - in 1999, yes ? after which GE fell, dig ? as usual, the pattern rarely changes.... 2) as expected seemingly among the first by me herein, recent manufacturing data in several areas of our econ., are beginning to show improvement off depr. levels, lately, according to the WSJ, NYT, NAPM, etc., encouraging at least, and, again, as we bump along the bottom (while 'the 95 %' remain too bearish, dig ?), means we may be correct soon ahead herein longside....

d) more, likely late, incorrect, and/or misleading, comments, from Brokerage firms, NL writers, Analysts, economists, Money Managers, etc.:
1) ....

e) more general, political, misreported items proving why one should probably ignore 95 % of everything else out there:
1) I know this will sound funny, but, many people I have spoken with, switched to those 'level pay plans' with their Nat. Gas./Elec. co. svcs., attempting to artifically keep their mo. pmts. down, in recent months, after rates rose a lot...well, a CNBC gas. ind. guy, Fri., said that, with prices back DOWN a bunch, many are now paying MORE per no., than if they just went mo. to mo., amazing, huh....more proof of my "PSYCLE sm" at work....

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....