Jim Goodman's "The Right Side of the PSYCLE sm"
Stocks/Industry Groups Timing Newsletter, and Education service
"The Teaching Newlstter"....Learn the Patterns and Concepts Taught....then View the Charts, and Choose from sec. (3) and (6) and (7) ideas....NEWSLETTER, issue # 140, dated: 10:00 am, P.S.T., Monday, Oct. 25, 1999

(this is in every NL): If you are a "NEWER" Subscriber, please take the time to read/printout ALL of the "wordy" parts of this NL, once or twice, anyway....If you are an "OLDER" Subscriber, of course, feel free to SKIP, or not print out, those specific NL sections you do not wish to glean your information from. (Save/printout all my CUMULATIVE newsletters, for future reference/educational learning/help). If you are pressed for time, at least read Section (2) to develop a "feel" for Sentiment patterns --- and Section (3) always, while taking the time to View some individual stock CHARTS, "piecemeal" at least....Please, neither expect ME to stay "super hot" nor "super cold" forever. NO emotion --- and do NOT "just extrapolate the most recent results forward, good or bad, forever" !!! Relax, take the time to VIEW/learn the pattern/charts, enjoy the process....Realize, that probably 2/3 of each NL is the "same" each issue ! so, once familiar with the 8 sections, and the concepts, you should NOT have to spend much time with each NL....

DO view at least SOME charts, every day, a big secret to success in stocks ! If pressed for time, just read section (1) and (2), and View some charts, from section (3)....I give a LOT, for very little money....spend 30 minutes, or spend up to 3 hours, with my output, twice a week, it's up to you.

1) "PSYCLE SENSE sm": new:
Are we getting a bit hot ? Most all Bank & Insur. stocks popping, as we were, again, the first/only to have given out right at recent lows, hope you got in some....I cannot stress enough, the year-end and early-year tax-selling bounce potential existing, with all the depressed stocks around I am giving you below....even if one has a few Q, S, losses, certainly worth doing them....and some Puts, as usual....using the I.G.R. concepts you have learned here....

More unenlightened financial people are pointing to, supposedly, "how the market cannot have bottomed, since there has been no panic selling catharsis yet" ....Oy....First, they have been saying this, for years now, and, second, gee, have they SEEN, the 2/3 of all the depressed stocks out there, which HAVE actually had "panic cathartic selling", in/over the last two years ? Guess not....and yet THOSE guys get all promoted by the financial Media, while I get treated badly or ignored....well, at least YOU know what is really happening....I am still giving you plenty of longside bouncers, AND toppy decliners, simultaneously....

Of interest, see the dichotomy/Split market, which has served us so well over the years, especially late each year, whereby the "high-relative-strength, big OTC names" may top, or go sideways, as the already-depressed stocks form EVB's and pop ....And a real interesting fact, not generally known (as most all my teachings are not): Barron's showed a table of what has happened to the DJIA, in every October, since 1983....and, CONTRARY to what "the 95 %" (mis)believe, only in 1987, and a little bit in 1997 and 1989, was that index down much....While, of course, in 1998 it ROSE a ton, in Oct., right ? and was also UP, in 1993, 1986, and 1996....but, of course, no one mentions that, do they ? surprised ? Continue to ignore 95 % of everything else....And, the "NDX" index itself, still looks toppy to me....

Andrew Bary, a guy I do respect, in Barron's, 10/25, listed some beaten-down huge-names, like, AET, USB, AOC, FTU, RJR, MO, all on my 'EVB' list, and, GNT, DIS, CCE, as being super-cheap on a cash-earnings-flow basis, accounting-wise.... good for them....Of course, most institutions will shun them near their bottoms, as usual, and will miss out on their initial rises, dig ? And, of course, a plethora of Funds continued to hold these stocks all the way down, yes ? So much for their expertise at timing....This also furthers my "ignore 95 % of all fundamentals, because the numbers can be fudged to look any way they wish, and many accounting rules are just plain nonsense" concept I taught you in my booklets....and, the 'Consensus' NL's sentiment readings last week, show a new low of only 20 % bullish, down from 30 % bullish just two weeks ago....more fodder for our depresseds....

Please appreciate, how much time/effort I put in, to put ALL applicable, staged, stocks, which fit learnable, and actionable, "PSYCLE sm" patterns, into each NL....Sometimes fewer, sometimes more, as befits market conditions....again, the "Most Actionable, Do-able, stocks, Here/Now", are in Section (3). And, the "Learning/feeling/Sentiment/commentary" items, are in section (2). Longer lists, and Industry Groups, are in section (6) and (7)....and all "follow-ups", are in sections (4) and (5). Of course, if you do not own any of the stocks in sec. (4) or (5), you may choose to save time by ignoring those if you wish....Eight, very clear NL "sections". You have No excuses for not taking advantage, over time.

2) "What's Been Said, and What I've Read":

a) Important Industry Group (Rotation) notes: 1) Friday, the Media over-mentioned "with the repeal of Glass-Stegall", the Banks & Insur. & Broker, stocks are popping....so far, so good....one true 'fundamental' factor for you: realize, that the market value of stocks in the Bank ind., is about 6 times the market value of the stocks in the Brokerage ind., so the banks weild most of the power, therefore, they will likely call most of the shots, forward, 'taking over' more companies....I added still more in section (6) below ....2) also, note, how, as we alone predicted, the Trans. and Util. stocks did Not have much further to drop before beginning a bottoming process....they may be doing so already....the DJ. Util. index actually looks buyable, with a close stop, at its now multiple low ? not quite yet on the DJ. Trans. Avg. ....3) with our success doing this last year, this season, I am adding some speculative "Y2K" depressed stocks as potential longs (see sec. (6) below), for one last pop, dig ? ....4) let me also be the first/only to add some Airlines as potential EVB buys....remember, I was the first to give them as Puts near their rolling tops herein for you.... 5) obviously, we saved you a ton of money by NOT staying in the T-bond, as yields reach levels from last Fall....but I have no specific prediction yet on it.... 6) and, the Semis continue their topping action....gee, we don;t hear CNBC'ers over-reporting every little move in them anymore, do we ? the pattern never changes....

b) more, misleading, sensationalized, and/or improper/incorrect comments from the Financial Media, Reporters, etc.: 1) in over-reporting the Financial stocks popping, the CBNC guy said, "NITE has been acting strong"....wrong...if he just took 10 seconds to view its chart, he would see, it is just having a normal bounce-up-to-where-it-recently-broke-down-from....He obviously should have chosen better issues to try to illustrate hiw non-point.... 2) Fri., 12;30 pm, CNBC's reporter JIm something (never heard of him) said, "Gillette stock is getting hammered, down 2 points..." "hammered" ? oy....More like, "G. had been hammered already before I incorrectly tried to create a story without looking at that stocks' price chart" is more like it, yes ? ....3) CNBC's Alan Chernov 9again) Mon. 8:50 am, quite incorrectly said, "MWD stock has become THE most vloatile of all the Finl. Svcs. stocks....look at its chart....up and down and up and down...." WRONG....MWD, has only been between 80+ and 100+, for tha last several months....since when is THAT, "volatile" ? geez....

c) more incorrect/misleading/sensationalized, and/or improper comments, from Fundamentalists/companies/newspapers/magazines, etc., vs. illogical/contrary/unlinkable, past/present/future stock price moves: 1) Friday, CNBC, interviewed pres. of LSI., which I gave you herein as a put at 60, but just missed, 8:40 am....he said "we are early in the cycle upturn in our business".... Beautiful proof of how my "PSYCLE sm" works....as usual, LSI. "stock" had ALREADY risen a ton, by the time he gets on CNBC, dig ? Yet, the 'fundamental' cycle is still "early", get it ? and, as usual, the CNBC reporter gal asked, "gee, your co. has record sales and earnings....how come it is down from 60 to 43 recently ?" Note, it recently approached its 200 DMA, see the previous "put" pattern ? DO IT.... 2) then, Fri., 9 am, CNBC had pres. of 'INKT' on, who glowed, super-massive bullish, said their future will be "stunning"....yet, look at its stock pattern, see the potential top I gave you herein when around 140....when/if/once under initial downside support around 90 to 100, and its 200 DMA, could face the 60 area ? we shall see....his comments are normal for stage 4, as well...Henry Blodgett correctly pointed out it is no longer a "high-momentum growth stock." I concur ....Friday, it had already fallen to the 100 area, dig ? ....3) CNBC's Bob Pisani, Fri. 9:15 am, mentioned, how, when he asked industry analysts if 'ALL' was a good "Finl." stock to buy, was told, "eh, they have too much exposure to hurricanes, and risky consumer, auto, insurance markets, etc." Good ! "PSYCLE-sentiment-wise, that means it was/is a buy, right ? ....4) Thu., we got another "takeover at a much Lower price than its high", as 'NETM' took over "WALL", a stock I had real clients in near its L.T. lows, a year or two ago....now down from $ 50., it got taken over only at $ 9....I was the first/only to foresee this small trend, that we are going to see more of these "lower takeovers" in the Tech. industry.... 5) L.A. Times, 10/24, "Mattel hit hard by slow sales....bleak outlook for coming year", another 'bearish too late' article, with MAT stock itself close to bottoming, yes ? the pattern never changes....As I wrote herein for you, all the "always late" analysts loved MAT at $ 40., over-anticipating the opening of 'Star Wars T.P.M.' movie, and, they still loved it at $ 29., when it opened (which, itself, should have told them something, but God forbid an fundamental analyst should look at a chart pattern), and yet, now, at $ 13-, they are afraid of it....The pattern never changes....amazing.... 6) front-page, 10/24 L.A. Times, "Funeral Chains Struggle to Pay Debts...." could be a decent "PSYCLE sm" sentiment-sign of an impending EVB, yes ? ....7) Mon., 9:30 am, CNBC reporter, mentioning Kellogg planning to add 'soy products' to their line-up (which is a good thing, BTW), actually also said, "let's see, "K" stock, is up 1/8 on that news...." Excuse me ? How does he know the stock moved 1/8 on that news ? It moves 1/8, dozens of times, every day, regardless of any news, yes ? Oy. re-read my "media" and "Scenarios" booklets, about how they always have to relate all stories, to a stock-price-move....Useless and misleading, and they do not teach anyone anything of value as a result....

d) more, likely late, incorrect, and/or misleading, comments, from Brokerages, NL writers, Analysts: 1) top of cover page, barron's, 10/15, "Market technicians still are bearish", is a nother decent sign for our depressed stocks, yes ? ....2) Barron's 10/25, "Soybean prices are on the rise", and, "a bull market is brewing in Soybeans", says, C. E. Einhorn, and Anne Frick of Prudential.... After a pullback, technically, I agree....Remember, last year, when all the "experts" were super-bullish, at higher levels ("beans into the teens", remember ?), and I pointed that out for you herein as a puttable signal ? Anyway, this time, only one analyst likes them....

e) more general items proving why one must ignore 95 % of everything else out there: 1) ....

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.

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....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....

* Previously assumed Long positions most recently SOLD (showing the actual price changes, in parentheses, from the price where/when recently originally recommended herein, to the price where very recently Hypothetically "Sold"):

bal. puts SPW (91 to 80) for Q 90% G....bal. puts PMK (28+ to 24++) for VQ 85% G....bal. puts SU (40 to 35+) for 66% G....puts BRR (40 to 33) for 80% G....puts NEV (17- to 14+) for VQ 66% G....1/2 pos. calls RAH (16 to 19) for 75% G.... stk.on.mgn. APFC (6++ to 9+ to 7++) for L.T. small % G....

and/but, longs, MSPG, HSIC, IHK, CASY, WTT, HMT, CPU, NPK ?, ATC ?, TG ?, STE ?, and, puts, DOV, CNG, for quick, very small losses, normally of smaller overall consequence to a properly diversified L.T. portfolio....but still been too many of them lately.... rare....I also wish I could be more clear about these '?' questionable sales lately....it just happens that way at times....again, "cutting for real small losses" when necessary, never hurts much....in fact, they can help your 'psyche' over time, by keeping larger losses away, yes ?

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....

* Newly/Additionally BOUGHT/Buyables, right around/near these prices only:

(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....

**** Newly BOUGHT Long-side, for potential Rises: (note, most are still pretty low-priceds, read thoroughly, some new "repeats" and "revisited" "new" ones again, here): each alphabetically by symbol: again, "just get real close" to suggested prices:

(note more new ones) ABS @ 40+, ACL @ 16+, 1/2 pos. CTHR @ 8+, IMG @ 5 3/4, 1/2 pos. IOM @ 3, KDN @ 23 1/4, LRW @ 10-, SKS @ 15+, TSN @ 15++, VL @ 7,

"Repeats": (Note, list has been growing a bit....what does that tell you about "the market" ?) AGE @ 25+, ALL @ 24-, AMTD @ 16 1/8, BAMM @ 8.06, BDX @ 25++, BWL/A @ 7-, CHB @ 8+, CMH @ 8++, DMI. @ 2 9/16, EGRP @ 22+, FIX @ 7, HCM @ 3 15/16, HIB @ 12-, HLX @ 4 3/4, HRC @ 5+, HWS @ 2.06, IMH @ 4 3/16, JBOH @ 7+, LDW @ 6+, LRW @ 10-, MSN @ 9/16, NTBK @ 20, PIR @ 6--, SEV @ 2 5/8, STE @ 11+, TG @ 21+, TMO @ 13+, TSC @ 4.06, TXB @ 3 11/16, USL @ 6++, VBAC @ 1 3/16....actually, a nice mix, of stock prices/choices for you lately.... "buy (only) low", right ? (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, before acting....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, WMI., OMM, RTHM, BG, CIT, MMG, 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) AAPL @ 76, ADVS @ 62-, AFFX @ 102, ARBA @ 182, AXP @ 150-, GPSI. @ 56++, HBCCA @ 87, HLIT @ 74, MCHP @ 59++, MND/B @ 24+, OCLI. @ 101-, QGENF @ 51, QLGC @ 92+, UCOMA @ 85, VRSN @ 114+, WHIT @ 39+,

"Repeats": AVX @ 39+, BPA @ 58+, CSCO @ 70+, GGG @ 33, MSFT ?, POG @ 9-, PVY @ 29+, SANM @ 84-, SEWY @ 29+, TQNT @ 70, VVTV @ 29, ZBRA @ 49-.... Note, much smaller list, due to many drops having already occured....

and/but, took, CHKP, MCRL, ITN, ICGE, NTPA, IVX, 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 lifetime benefit....

*** and/but, among stocks recently given you herein, in sections (6) and (7) below, we "just Missed", KEA, UHS, TAP, TOY, AOC, as Longs/Buys near very recent lows, and, ESRX, AMGN, IPI, ADIC, CLRN, GIC, LSCC, AMCC, as Puts/Shorts, near recent highs....Every single stock listed here over past NL's 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....again, just because I honestly admit "missing" some, does not mean YOU have to miss those....if you do just a little work, you may catch ones I miss herein....

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.

*** All previously mentioned ideas are Followed-up here below, for your Educational/Trading benefit....check these lists/issues briefly, to see if any YOU own, or are considering owning, are mentioned....

4) Already given out in previous NL's, assumed Hypothetical "Long-side" positions:
(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):

(* too late to buy up here, usually up already, and/but acting A.O.K., so stay in these, long, for now):

**** note: (sos) means "Sell On Strength" (i.e., 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).

still giving you some nice risers (note, these have always been listed, in order, from the biggest % moves, to the smallest important most recent % price moves): read this, and the last few lists here, thoroughly, carefully, and check their Charts to see the Patterns:

HLX 5 3/8 up 7/8, FIX 7 7/8 up 1 1/4, AGE 28 1/2 up 3 1/4, BCP 7 up 3/4, CCC 7 3/8 up 3/4, CHB 9 up 7/8, AMD 19 5/8 up 1 7/8, ACL 17 3/8 up 1 1/2, ALL 25 7/8 up 2 1/8, AMTD 17 7/8 up 1, KDN 24 3/4 up 1 5/8, SKS 16 3/8 up 7/8, ABS 41 7/8 up 1 3/4, FTN 31 3/4 up 1 5/8, RAH 19 3/8, HMA 8 7/8, MM 15, higher, since last time here....mostly Health and Financial, exactly as predicted, dig ?

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: IMH 4 1/2 up 1/2, NTBK 20, 21 1/4, 20, IFMX 8 up 1/2, MWHS 14 1/8 up 1 5/8, STE 12+, DMI. 3 1/4, 2 7/8, SDH 16-, BAMM, ALB, ATV, SYNX, TXB, GDC 2 1/2, EGRP 23 3/8 up 1, TBFC 22 7/8 up 1 3/8, BDX, ABS 40 3/8, PWN, AMTD 17, SEEK 30 up 1 1/4, IFMX 7, TBP, SSC, JBOH, TSC, NWK, PWN, KRY, HRC, PMC, TCA, LDW, HEB, HOC, BWL/A, OJ, NPK, SAMC, MCL, CDE, TE, TPS, MSN, CCH....some of these are also in "ms/sos" list below....remember, many "Golds" are already having normal stage 2 pullbacks, right ?

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 ?) SSC, TE, JBOH, IHK, PWN, MWHS, STE, BDX, NPK, LWN, SEV, LDW, HOC, HCM, IMH, TPS, HIV, MSN, TG....

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):
* may too late to "begin" to buy puts on these stocks now, but they are acting properly, stick around:

Puttables specifically given you herein, many which are Falling/further since last time here:
ARBA -31, HLIT -8, VRSN -7, CSCO -5, VRSN -5, AXP -6 1/2, HBCCA -4, AFFX -4, UCOMA -3 1/2, ADTN -2, AAPL -2, WHIT -2 1/2, UVN +1 1/2, -2, ADVS -1 1/2, RCNC -1 1/2, WJ -1, HAE -1, MND/B -1, MCHP -1, GPSI. -1, GGG -1, MGG, NEV, FCX, lower ....while, NEV, INKT, fell to their 200 DMA....and HON, BGEN, approached their 200 DMA....and, FOSL 23, DLX 26, CBE 42, ALD 54, STJ 25+, LEA, ANF, PBI., still lower....

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, nevertheless, and/or are sales on pullbacks/weakness ("sow"):
AVX +5, CMOS +5, ICGE +10, MXIM +3, TQNT +2, -4 1/2, +2, -2, MSFT, VIGN, BRCM +4, -6, AHAA +2, SANM +2, -3, VVTV, BPA +2, -1 1/2, MGG +1, NOPT +1, TEF, ZBRA -1 1/4, RSC, ADI., SEIC, SLR -3 1/2, TERN +4, PIOS, PVY, NOPT -2, SEWY -1 1/2, CXY, D., OCLI., EQT +1, DYN, TNL....

once again, remember, to form a "top" over time, a stock most often must jockey around, right ? this takes days and even weeks, as taught in my "Downside" booklet, re-read it please....that's one reason it helps to view these types of "bounces" in this section at times....

Again, we still need to see more stocks break below recent lows/necklines....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.

note how "not great" this side of the marketplace is, lately....
Health-relateds (HEB, HMA, TXB, TCA, NHP, STE, IMG)
Prec.Metals (CCH, VGZ, CAU, DAY, KRY, longer-term, on bigger pullbacks only)
and, some Cyclical/Steel/Temp. Employment/Gaming, etc., stocks, likely, again, but ONLY after/on bigger pullbacks....
Internet-and-Online Broker-ralated (scary, but sexy, use close stops) TBFC, AGE, JBOH, NTBK, AMTD, BAMM, and more below, on pullbacks only, etc.
Banks, Insur., Financial-related (ALL, HIB, AET, FTN, UNA, AFC, ABK, CMA, CNB, DME, on pullbacks near recent lows, etc.)
emerging groups ?: "depressed computer stuff" (like, MWHS, and, maybe, soon, even ODP, OMX, etc. ?), "Waste", "Athletics/Shoes", and, Foods ?, and/but most all Financials (Banks, Insur.) may need more work....Last, as mentioned above, some "Funeral' stocks down the road ?

and, maybe, some depressed Y2K's: in no particular order, near lows only, with close stops only, these are more risky: (PINC, IAIC, TSIM, SAA, CBSI, MIFGY, ANLY, MVSI, CSGI, ENCC, IFMX, MAST, WALK, VXTR, PHXU), check all their charts for the pattern....maybe buy a package ? I prefer those with lots of cash and no debt, but no way to know which ones way over the others...

* The stocks on this next list, are also, still, Current, or, Potential, "EVB's" ("exhaustion V bottoms"), read that Booklet !):
 Remembering ONLY to buy near their recent Lows (do not "pay up" much off lows), diversified, w/close stops....these, plus the stocks listed above, and the "Newly Boughts" in Section (3) above, comprise the "total" complete long-side buyable lists in today's market.

Note how many stocks there are on these lists....what I see, I share, completely, for your benefit....as I have said countless times here, try to VIEW at least "some" of them, every day, for, say, 10 mins total....since most tend to remain on these lists for a while, hopefully you will know when they pullback to buyable levels, having seen their chart patterns before, right ?

We are Also "Watching" --- as potential EVB's, or "basing" or "double" bottoms, near recent lows ONLY: adding,
*** as S.T., "EVB's": in no particular order, add, VL, PASA, ABS, MGL, ORG, WLV, HWS, SVI., ACL, AVS, BG, MAT, SKS, CMH, LRW, to, TEN, FTL, CVD, PZN, USL, HB, SNV, HCP, BND, TSN, (note, more new ones, "big names," and "financials", here, and just below), to,

"repeats": JOB, PIR, BWL/A, TCA, TMO, SYNX, FC, NTN, HIV, SEV, to, those listed in section (3), and those just above here, plus, DMI, UFD/A, VBAC, GDC, HEC, HNV, MSN, SAMC, XCL, TOC, still, most as "EVB's", with a few basers....

also, 'Longer-term-only' "watching" list: a real mish-mosh....adding a bunch more: add, CNW, OCR, PGR, NSC, CCR, OI., MO, R., U., HOT, IM, FTR, BD, CKR, CRS, BAB, DUK, ANF, HBI., MAK, MT, MZ, TVX, SE, SAFC, MUEI, TOY, KEA, SOC, AMD, TZA, OH, CTHR, IOM, YRK, AIR, to, BDX, UNA, WIR, BXM, CTX, CTK, FNL, IHK, 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, the last list, 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"....

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
(NOTE: again, if they are already down appreciably from their highs, do NOT chase them down):
(re-read my "Downside/Puts" booklet): Fuller, Potential Puts list, by I.G.'s where practical, near their Highs, ONLY --- do NOT "chase down" much: note: this list supercedes all previous ones....these are the ONLY Puttables here, all others have been removed....

other "Techs/computer/software/media/internets, etc.", Puttables, are in two lists just below here....interesting that big-name, highest-priced Internet stocks still show tops here, until and unless they break out/up....added more here:

**** others, and new ones: many more, add, ADAP, ADIC, AFFX, AMCC, CAMP, CREE, CTXS, DCLK, EBAY, GPSI., HBCCA, HLIT, LSCC, MEDI., MCHP, MND/B, NVLS, RNWK, PTEL, ORNGY, SUNW, WHIT, WWCA, ZOLL, QGENF, MRVC, to, YHOO, TUES, BJ, ALKS, AMGN, CSCO, ERTS, RCNC, ETEK, OCLI, PLCM, GIC, MTG, SNE, HIT, CLFY, CTXS, GOTO, INTI, DRTE, SMTC, XLNX, TQNT, AGN, AVX, CTS, FCX, MMM, CTV, VVTV, VIA/B, INTI, IPI, ARA, MGG, VIGN, HOMS, INKT, LLTC, MXIM, PESC, CXY, LD, MMM, PHG, QLGC, SDLI, TSI, VSEA, ARBA, ANTC, CLRN, JBL, SLR, ZBRA, ARC, DYN, WLM, MSFT, SANM, DOX, TLAB, AHAA, DST, ADVS, ECP, AVX, CDI, CLS, BC, VISX, VTSS, FDS, PEB, EXDS, SNPS, ACS, GE, KWP, PB, RNWK, SFX, ABDR, ADVP, AWRE, BVF, EL, PKS, CNXT ?, from recent past NL's,

as I have been saying, still a decent list overall....are you VIEWING their charts ? if not, you have NO exucse....

**** 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: Energy, Health/Medical/Drug/Biotech, Computer/Internet/Software, High-PE Techs, Media, and most all Tele.-Commun., all near their recent Highs ONLY, w/close stops above their patterns....of course, many issues are already down now, so fewer "still near their highs", right ?
but, removed most "Publishing" stocks from potential "put" lists, just FYI....

8) "PSYCLE sm" Lesson for today:

VIEW THE CHARTS....SEE where the 200 DMA's are....LEARN THE PATTERNS/STAGES

NEW very brief LESSON: as taught in my Booklets, and with LSI.-type, and "Glass-Stegall" stories above in section (2), for the umpteenth time, stock moves and "reported stuff" and "fundamentals" do NOT occur simultaneously ! For instance, as I make you money in "Finl." stocks here, watch for "the Media" to over-report that story, late as usual, ....

**** 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....