Jim Goodman's "The Right Side of the PSYCLE sm"
Stocks/Industry Groups Timing Newsletter, and Education service
issue # 52, dated: 10:30 am, P.S.T., Thursday, Dec. 3, 1998


(the next 5 paragraphs, are repeated exactly from last time, for newer subscribers to please read thoroughly....if you have already read them, skip down)

I am certainly going to try to make my NL's "shorter", where possible/logical, while still providing Tons of excellent output for ALL types of subscribers and needs....but, in order to do so, I am going to have to leave out many "basics" I am assuming you should know, from having read all my materials....I can never please everyone, all the time, and it is illogical and bothersome that some people actually expect just that, so please just accept the voluminous, excellent info. wherein, in the clear, easily useable format provided, and concentrate on learning the PATTERNS. Taking just a couple of hours a week to actually learn something of true lifetime value, is probably worth thousands of dollars a year to you....and is certainly worth the effort, compared to how much time many people waste on some other activities, which neither teach, nor offer, anything of lasting value, compared to my output....

**** If you are a "NEWER" Subscriber, please take the time to read ALL of the "wordy" parts of the NL, once or twice, anyway... If you are an "OLDER" Subscriber, of course, feel free to SKIP, to the NL sections you wish to glean info. from, dig ? (Save all my CUMULATIVE letters, for future reference/educational learning/help)....If you are pressed for time, read section (2) to develop a "feel" for our Sentiment patterns--- and Section (3) always, while viewing the CHARTS....each NL tends to run about 10-12 pages, printed out... So much valuable info. in one place. Also, Obviously, when "more, or fewer" longs, or puts, are given herein, that also tells us more about "the internals and likely future direction of the market", yes ? And, neither expect ME to stay "super hot" nor "super cold" forever. (and a helpful, quick "PSYCLE sm" note: obviously, "S.T." herein, means "short-term", i.e., weeks, and "L.T." means "long-term", i.e., months....just FYI).

If you are not "already long" in the long/puts stocks listed, you may feel like ignoring some of the sections below--- feel free to do so--- but it is much better if you take the time to check ALL stocks mentioned herein....you can (and are expected to) also refer back to "the Guide" (green) and other Booklets, for more info./details, so I don't have to keep mentioning "basics" herein, that you should already know about, dig ? The process will become second nature to you quickly: buying longs, and/or puts, with close stops, diversifying, etc. Most, from Section (3). Some people ARE spending 2-4-6 hours a week with my NL's, others just 30-45 minutes a week....I provide a plethora of helpful ideas, so that, stocks are given, offering something of value, for Every type of need, from Longs, to Puts, from low-priced, to blue-chips, for stock traders, and pensions, from cash, to margin, to "options on stocks" traders, and for people who just trade "Ind. Group Sectors with Mutual Funds sectors"....I even added some "potential high-yield depresseds" below in section (6) today....Whatever helps people, the most, is herein. I have many different types of valued subscribers, from beginners, and/or brand-new subscribers, to L.T., and/or very sophisticated traders, dig ? I put out ALL the best ideas, at the best times, and teach things of supreme value....so, Learn first--- then put into practice, the long-existing, simple, highly-reliable, repeating "patterns" I teach.

It is assumed you have read the "Significant Disclaimers" paragraph, under the logo on my main webpage...I cannot infer my future performance will always match my past track record, 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" the 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 the recent highs/lows prices, stops. I give you way more than enough info. to succeed mightily at this....Judging from significant feedback, which I do appreciate, Many subscribers certainly ARE doing this, very well, with no problem, directly from these NL's, period. Take the time.

FIRST, assuming you are already knowledgeable about all "PSYCLE sm" tenets, and/or just want the most current "actionable" stocks, view stocks from Section (3) --- then also, from within sections (6) and (7)....you are expected to know/ see when those set up properly, also for "Industry Group Rotation", always cutting losses when they break their patterns, etc. Then, read Section (2) for "How (Not) to Use Media/Finl. Commentary, from a Psycle p.o.v."....After reading a few NL's, you will already be aware of most stocks from the/our recent past....This simple process should be labor of enjoyable fulfillment and learning, and not a chore, dig ? I give you a lot, whether you use it or not is up to you....Last, "follow-ups" of assumed Hypothetically already Long and Put ideas, are in sections (4) and (5)....of course, if you want to get the most, for the least, read everything....Reading my output can make you a lot of money....reading most papers, magazines, novels, other NL's, watching primetime TV, etc., will Not.

1) "PSYCLE SENSE sm":
New Commentary: Although you know we NEVER try to "predict Indexes/averages/the market", here are some very Current "Market" Comments:
** (repeating from last time here) Adding many more Puts, seeing more of the double-tops, and "hook EVT's" and stocks hitting resistance levels--- still quite a "Split" market, as we get real breakouts, fakeout breakouts, and 3 types of tops forming, among higher-priced, bigger-named, extended issues, and others which have only popped up towards their still-falling 200 DMA's resistance, becoming more "PSYCLE sm" Puttables....With some still-depressed-and-not-yet-bounced Longside ideas added, some as EVB's, and others which are pulling back from their initial bounces off their Sept./Oct. lows I gave you herein....We will also likely have to lengthen our expected holding period a bit, from here, on newer Long buys....No sweat, as recent gains have been quicker than we normally would expect anyway.... But--- do NOT ignore the Put-side here, with close stops, even given some Q, S losses there recently....It is BECAUSE of these 6 types of "PSYCLE sm" patterns are occuring, simultaneously, that so many long and put stocks have been added.... hey, that's what the market is telling us....if there were fewer ideas that fit "PSYCLE sm" actionable patterns, I'd GIVE you fewer ideas....when there are more, I give you more, for your benefit. More chart patterns to view and learn from, yes ?

**** (New Overall Market Comments): Obviously, as of late Tues. 24th, the Internets had gotten ridiculous, and they ARE/WERE, finally, very late stage 4 terminal tops/rises, as I said herein, and, with some Health/Drugs also no longer rising, these may be the same 2 or 3 "industry group hooks/stories" (along with the extended Financials) for a S.T. top ahead....Again, the idea is not to try to catch "the" top, just get close to catching "a" top, in the/our Extended groups ....plus, the D.J. Trans. Index is also approaching its 200 DMA....And, if things are supposedly so "wonderfully, newly rosy/bullish" (again), then how come so many "Communications-oriented" (and there are several industry groups within that overall area) stocks look like stage 4, as well ? Note the bullish and bearish Industry Groups listed in section (6) and (7) below....I think I have this all right, overall....Concentrate on the Individual Stocks, and Industry Groups, NOT the Indexes, nor the Media....

*** AND--- let me be the first, to suggest that recent drops in many stocks smack of "tax-loss selling", and we all know what should happen ahead, as many have their normal bounce from lows, so we'll be looking for that, as well, yes ? and, we may be having the bgeinnings of a S.T. expetced Bottom, in some of our Energy/Services stocks, this morning the 3rd ("after the first couple of hours", dig ?) ?

* TIP: I am pretty Comprehensive/Thorough, herein: There are 3 (three) kinds of stocks listed herein: a) Stocks that can be ACTED on, here and now, if still right near given prices in recent section (3)'s, b) Stocks which, if they get back to the price where they were when originally suggested, remain/become tradeable again, and/or, which "seem to be setting up as potential trades, possibly soon", and might also illustrate "Industry Groups" potentially shaping up, and/or as Educational ideas, for YOUR benefit, in sections (6) and (7).... and, c) already assumed long stocks, or puts, being followed-up, which are rising/ falling, and are not buys/puts any more, but just "holds" or "underperformers", in sections (4) and (5)....All previous ideas are followed up, till "sold" or "removed from lists". Please try to find "charts" to view, which also have 200 DMA's on them, via many free "web" sites....Call me if you need some places to get them....Learn the chart patterns, then add my "Media/Sentiment/Psychological" patterns, and voila....


Please appreciate, how much time/effort I put in, to put ALL applicable staged stocks, long-side and put-side, which befit learnable, and actionable, "PSYCLE sm" patterns, into each NL....Sometimes fewer, sometimes more....Whatever I find that best fits "PSYCLE sm" stages, which YOU can learn/take advantage of, for YOUR trading/educational benefit, I will put into each NL....again, the "Most Actionables, Now/Here", are in Section (3). Note, the "learning/feeling/sentiment" items in section (2).

Please learn not to ever overemotionalize/worry about/extrapolate, any "most recent past" performance forward, good or bad, "PSY-chologically", because you may miss the next bunch of Gainers, Longs or Puts, while you are "ruminating about the last batch", dig ? Just because the "last few" may not have worked, does NOT mean "the next few" will not....in historical FACT, the vast majority of "PSYCLE sm" ideas HAVE indeed worked, real well, in all market conditions, way better than any other approach, for many years now, as you have seen....it is one's inner "psyche and expectations" which might be sometimes too anxious, too impatient, too fearful, too S.T., or too demanding, at times. Also, do not expect to mirror my/our recent excellent long-side performance forever....Now, to the Good Stuff:

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

a) Important Industry Group (Rotation) Notes: (note, more than usual, two paragraphs here): 1) note the expected pullbacks in Gold/Silver stocks predicted here.... 2) we have more of a S.T. top in many Asian, Mexico, Latin Amer. stocks.. ..many of which I gave to you herein near their lows, being the first/only to do so at the time....For instance, the Hang Seng Index has already risen, from around 6 K to 11 K.... 3) in "PSYCLE SENSE sm", one must actually look to buy/Bigger positions in some Energy/Service stocks soon; just keep closer stops below this week's lows when/if the buy opportunities present themselves.... Remember, we want to get MORE bullish if an I.G. forms the "depressed saucer", even when/if the "news/fundamentals" seemingly get, or are reported as, worse....of course, when/if they break patterns (note the Q, S losses in section (3) below), they are cut/removed....we are expecting some "whipsaws" in this I.G., though.... 4) note recent pops/strength in several of our depressed Health- related stocks....another reason to properly diversify among at least a few I.G.'s....and, 5) today, Thu., CNBC highlighted the "Semi. Equip./Mfrs.", as some Brokerage Firms add them as "brand new buys"--- now, AFTER their stocks are ALREADY up 100% off lows, yes ? cnbc's Bob Pisani, 10:05 am, actually said, "it's a great day for semicondustor companies." get it ? Obviously, they are NOT low-risk buys, any more, versus when I gave some of them to you herein, in Sept./Oct. We never buy up in late stage 2, nor in late stage 3, even if they "can" make new highs....

b) 1) The newest story, are some REIT's, as Long buys....some actually look relatively decent, but they all have low betas/volatility, so buy Options, or on Margin, where suitable/avaliable, and not just in "cash".... 2) and, some cheapie depressed Precious metal stocks forming double-bottoms, as predicted, we shall see ....3) and, I see more potential evidence, that, as was first/only to foresee the possibiltity of, similarly to the March/April top we exploited, the same three Industry Groups: Banks, Drugs, and Internets, may indeed be the "hook top" groups here.... 4) and, as I suggested herein, many Banks have indeed, done nothing more, than rise back up to their previous breakdown levels, and/or their 200 DMA's resistance ....5) and, now, some Insurance, Rails, and Consumer stocks also have similar potential resistance here, and I am also seeing many potential double-tops, still, among some Blue Chips big-names....see section (3) and (7) below....last, 6) as to weakness in Oil Services, I am assuming you own just 'one' of those/them, in your diversified portfolio, so "ms/sos". But we are still buying some, anew, early today....certainly a probable S.T. 'sentiment' bottom, PSYCLE- wise....

c) more incorrect/improper/misleading/late Media/company/announcements/ articles, vs. illogical/"unlinked" stock price moves: 1) CNBC gal reporting drop in Sears stock, Wed.: the company actually said, "they blamed the lower growth in earnings and sales, on the mild weather supposedly due to el nino, which lowered sales of sweaters and jackets, etc." HUH ? Gee, then, by logic, their sales of shorts, bathing, and sprotswear should have been higher, yes ? what a crock.... anyway, shouldn't this huge company have 'weather guys' helping them know possible weather patterns, to help their ordering and merchandising ? ....2) all day Wed., cnbc reporting drop in Boeing, and "allied" stocks in connected industry groups stocks....Gee who added "Aero/Def." stocks as potential "PSYCLE sm" Puts recently, when I specifically mentioned how many had reached their 200 DNMA's and/or resistance ? You're welcome....we were the first/only, again.... 3) cnbc's Alan Chernov, Wed., 10:05 am, pst, reporting on their recent pullbacks, said "a lot of people on Wall St. are just throwing in the towel on the Energy Services.... technically, they have no upside...."

5) as promised, I send congrats to Merrill Lynch, for V.S.T. "buy even though already real high" signal, on "CEN" above $ 59., hit 68+ today....still not a very big % gain, 9and is already down to 65 today), but I promised, so there it is.... oh, and, Thu. 3rd, they raised EXcite, from neutral, to an outright Buy--- up here, at $ 53 ....6) I assume you heard/read how many Brokerage Firms have recently Raised % margin requirements/restrictions on many Internet stocks to unprecendented levels, given recent years....Actually a proper move on their part, given their late stage 4 behavior..."PSYCLE sm" Lesson: the last time I can recall such an occurance was very late 1991, when the "BIotech" stock craze tooped out thereafter, dig ? Of course, the numbers and breadth of this Group's moves, is bigger than those were....Re-read my booklet on "Industry Group Rotation"....

See how much better one does, just "doing" the best individual stocks (long, and/or puts), 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 "seek and process" tons of other, useless 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) 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, and on a cash basis where not, as per "PSYCLE sm" tenets)....and "bal." in section (3), means, "the balance" of assumed long positions, assuming a "1/2 and 1/2" sale....ans, "css" means "covered 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 originally recommended herein, to the price where very rently Hypothetically "sold"):
calls BYL (12+ to 22+) for VQ 225% Gain....stock VSNR (13/16 to 2 3/8) for VQ 180% Gain....bal. stock NETM (1+ to 3+) for Q 175% Gain....puts SUT (48+ to 41) for Q 125% G....puts CMGI. (90 to 72+) for VVQ 100% Gain....stk.on.mgn. VST (8- to 12+) for 111% G....puts AA (80+ to 72+) for VQ 80% G....and, puts, ABS, BUD, GAC, UIS, HDI., WH, and, longs, HEC (2 1/2 to 3 to 2 3/8), TLZ, GLBL, ESV, PKD, SEV, PPP, RRC, EEX, OIL, BIR, MB, FP, UC, GW, for VQ, very small losses.... Recent sales have "cleaned up/removed" many positions for us....note, I assume each person has just "one" Q,S, loss, in Oil. Svc., and also, is buying at least one Energy issue herein, if none held/long already....again, we accepot a "whipsaw" now and then, as part of the process.....no biggie....

NOTE: while all the $ under 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 would have been multiplied, even higher, right ? We just 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. just buying their stocks on Margin, with close stops, where suitable, instead, with less risk, and similar reward potential--- another "PSYCLE sm" benefit for you....stocks themselves have no premium, right ? and, of course, if one just bought longs for cash, and not on margin, the % Gains would be smaller, though still excellent for so short a time period, yes ?

As taught in my "EVB/BDG" booklet: Note how some recent Longs have been "sold" in 1/2 and 1/2 positions, in 2 parcels, as previously suggested....this allows us to Control/Lower our risk further, and remove our Emotions, while still 'taking' Quick, Large % Gains....Also, when some stocks rise so much, so fast, it often does Not pay to "stick around to see what happens", in S.T. potential greed, because many of these stocks WILL pull back/correct....While there may be other buyables today, which look, today, like those recently Sold, looked, a few weeks ago, which may be better buys/holds than those "sold" up here, dig ?

**** New IMPORTANT note: LEARN THIS: with some of our recent S.T. depressed double-bottom (db) "W" stocks/formations, we are most likely going to sell 1/2 position on the "initial rise, to the top of the "W" formation", then, holding some back, in case those kinds of stocks do breakout above the "middle" of the "W" pattern, dig ? This way, we remove emotions, attachements, and we don't get over-excited with large % S.T. moves....We also lower our risk tremendously, from where 1/2 pos. is sold....Then, when/if those type of stocks fail to breakout, especially after a pullback, then, we consider selling the rest of our position, as near the top of the "W" formation as we can get....simple, effective. Again, nothing is "perfect"...."just get close(r)", and do everything else right.

* YOU MUST view/see/FIND where the 200 Day Moving Averages (DMA) are, on every single depressed EVB stock, ahead, here !!!! YOU MUST DO THIS....how else are you going to learn ? for instenace, as I said, In the larger perspective/scheme of things, some of our "depressed longs" might continue to Just have the "rally back up to where they broke down from", vs. their recently formed EVB's.

* Newly/Additionally BOUGHT/Buyables, right 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, dig ?)....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, many more/new names here, yet almost no depressed Techs):
(new ones) RMDY @ 10 1/2, BTGC @ 6++, CBRL @ 22+, BEZ @ 20-, AAC @ 3 3/8, PFG @ 1.06, TFT @ 5++, TBI. @ 7+, GLDR @ 1, NOI. @ 8+, (repeats) (note, some newer repeats here) NBTY @ 6--, LPX @ 16++, CMO @ 3.06, MPS @ 12-, PDE @ 7-, BEV @ 5 13/16, CFK @ 1 13/16, Z. @ 7, UPX @ 2.06, AZC @ 0.57, HBI. @ 5 9/16, AEC @ 12+, ALF @ 12+, CPP @ 15+, BHI. @ 17, ISV @ 1 5/16, KRY @ 1/2, WJ @ 18, GLM @ 8++, CHK @ 1.34, MGN @ 2 5/16, PIN @ 5+, LXR @ 15/16, RDC @ 9 1/2, ULB @ 1 3/4, IPIC @ 3.06, PCTL @ 6+, CCLR @ 2 11/16, TBP @ 6 7/8, VDC @ 3 11/16, DHC @ 3 11/16, MSN @ 0.41, MSX @ 16 1/8, VGZ @ 3/16, TOX @ 5/16, SSC @ 11/16, IIR @ 3 11/16, WLM @ 11+, AXC @ 15/16, FLS @ 17+, BLM @ 2 1/8, FEN @ 3 5/8, MLT @ 7+, CAU @ 0.31, RYO @ 5/8, NGX @ 7/16....most are still EVB's...."buy low", right ? Note, we are revisiting some "previously given/ traded" issues....also, several are "oil services"....and, more importantly, that, now, AFTER recent rises, most "new buys" are real cheapies, and/or "laggards" with less "sexiness", dig ? What does THAT tell you ? also see the "just missed" issues, below....And the "special list" below, in section (4), the last 3 NL's before this one, of some initially seemingly-broken patterns/stocks, which revalidated, and Rose a lot anyway, showing the power of "buying low", "The Psycle Way".

New Note: whether you choose to get/pay, the exact prices suggested here,
NOTE: as I teach in the "green Guide" Booklet, you should already understand, that, very often, there is NOT "just one day" when my ideas 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 at times, right ? When/if they rise/ fall in between those times, I will follow-up those moves, in section (4) and (5) anyway....this is a Positive, a Benefit, for you....remember, I have subscribers who ARE already in stocks which have already moved before YOU noticed them herein, dig ? And there ARE many subscribers who ARE viewing MANY of the charts of the stocks herein, first....and there ARE many subscribers who DO want "longer, more thorough, teaching" NL's/items from me....

*** remember, 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 !!! This is covered in "the Guide" and herein, endless times.... "just get close", and do everything else properly: the stops, VIEWING the charts BEFORE acting, NOT forcing trades, and, of course, LEARNING the stages/patterns of price, ind. group, and sentiment/media patterns.

** Important: took, CEXP, GYMB, SFR, ONX, PXD, IAD, --- Off pot. Long buys list, before they might have been Hypothetically "bt." (as most all made quick, new lows....also recall the last few lists of stocks removed before "bt." here). 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--- either, for straight Cash, and/or on Margin, and/or 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.

**** Newly BOUGHT, long "PUTS", for potential Drops: (new ones) BRG @ 35+, CGX @ 58-, CAH @ 70-, DHR @ 46+, UHS @ 53+, FAM @ 44+, PG @ 91,
(repeats) GDT @ 90+, FAM @ 44+, BGO @ 58+, PIXR @ 53-, COLTY @ 54-, FLEX @ 68, XRX @ 111+, MSBC @ 44+, CBC @ 69+, PNY @ 35+, SCUR @ 20, CF @ 69, USTC @ 69+, USCS @ 34-, PPDI. @ 28++, GDT @ 90, WH @ 22 1/2, ACCOB @ 51-, PRGX @ 32++, PPL @ 28-, CDWC @ 88+, GAS @ 44+, CCIL @ 64+, AFL @ 39+, CMA @ 68+, GD @ 60+, CG @ 59+, PE @ 41++, GD @ 60+, DV @ 26....Note how we are revisiting/repeating Put Buys on some previously given puttable stocks, as they rise back up to originally suggested Toppy levels, dig ? and/but, remember, I/we have NO "market scenario", ever, as you know....and, note, too many minor breakouts all of a sudden, so am taking more real small, quick Puts losses above, and NOT fighting the tape....

and/but, Took, MEDQ, DELL, AAPL, H., AES, ASC, BFB, NCR, Off pot. Puts list, before "put", as they aborted their patterns immediately (also see recent past issues taken off, here). IMPORTANT: sometimes, in the few hours after I send this NL to the web site, a stock might break its S.T. umbrella top, or its depressed EVB/base pattern....So I am assuming, you actually View their recent charts, BEFORE you consider buying any Longs or Puts, and you will see/know that the pattern is still O.K., and therefore buy/not buy them....this takes just seconds each to check/do, and will keep you from buying Puts/Calls on issues which abort budding patterns quickly after publication of my NL's.

....and/but, among stocks recently given you herein, in sections (6) and (7) below, we "just Missed", NSANY, ELCO, GNSA, OMPT, AGTX, ICIX, CFS, SER, SPF, SOL, VCD, CFS, NIL, IV, as Longs near very recent lows, and, APCC, ATHM, COMR, INSS, PGR, DRD, LIT, JCI., CE, as Puts, near recent highs....as one of the few honest guys in this business, I will always tell you here, also when we "miss" actually catching suggested ideas, so you can "view/see" and LEARN their charts/patterns, for your educational benefit. By viewing the charts of the stocks here which we "just missed", also 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, are mentioned....if you do Not own any of them, you can concentrate on Sections (3), then (6) and (7) below, for "newer" potential long buys and puts ideas.

4) Already given out in previous NL's, assumed Hypothetical "Long-side" positions:(issues moving since last time, worthy of following-up, mentioning, and still remaining long in them, unless otherwise noted):

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

**** 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 right at/near listed price level)

(note, these have always been listed, in order, from the biggest % moves, to the smallest important price moves): VSNR 2 3/4 up 2 wow (sos), BYL 23 up 6 3/4 wow (S), LXR 1 1/4 up 3/8, BLM 2 5/8 up 1/2, CMO 3 5/8 up 5/8, TXB 4 1/2 up 7/8, TIG 16+ up 2 1/2, INPR 6 1/2 up 1 1/8, PAGE 6 7/8 up 1, PCTL 7 1/2 up 7/8, TBI. 8 1/2 up 1, NBTY 6 1/2 up 7/8, HMY 7 7/8 up 1, NOI. 9 3/8 up 1, ANET 13+ up 1 1/2, TFT 6 1/4 up 3/4, WORK 7 3/4 up 5/8, WJ 19- up 1, AIN 19 1/4, VOX 6 7/8, CTI. 8 1/8, COE 4 3/4, NLC 34+ (soso), up/further, since last time here....a bunch, considering, decent....

*** For Your Education: (also please view charts of stocks listed in section (8) below) and, try to view these 1-year-past charts: note, EGGS, AHG, CREAF, UST, MAVK, APM, JBL, NSCP, PRIA, CUBE, DCLK, KLB, FEET, LTR, IDPH, ALA, ENZ, BWC, NN, USI., BAP, CD, BNYN, TEK, SAVLY, PRIA, ATMI., NOVL, HTCH, ALTR, ADPT, NMGC, COMS, KMAG, CRUS, LTR, MER 80., ICN, MII., TSM, FDC, HNP, BT, EQ, BEN, COT, NN, R., HA, as going higher still....I gave you all of these herein, specifically, near their lows....

please appreciate, that I have 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....another, of mnay reaons why we are so against "day-trading": why anyone would limit one's potential, and increase one's stress, on purpose, is beyond illogic.

*** Note, how some "laggards" given you herein, are now popping, as the "early risers" ran into S.T. resistance....These types of "two-phased/staged rises, this "catch up" Industry Group Rotation, is taught in my "I.G.R.", and, "Downside" booklets, as it becomes "too late to expect huge rises from here" in many issues, as we become more careful again. (I am sure you have noticed, that these have always been listed, by "largest % moves, to smallest significant % moves")

**** WHAT WE WANT TO DO NOW: long-side: 1) find those still- depressed "PSYCLE sm" stocks which have not yet had their nice bounces, yet which still have decent EVB, or "double-bottom", or basing patterns, and/or, 2) among our stocks which HAVE already had big S.T. bounces, look to buy those/them again, when/if they pull back to/towards their recently depressed levels....

and/but, then, seeing many pullbacks, like, CWC 9 3/4 up 1, ZAP 8 3/8 up 1/2, GLT 13+ up 3/4, HMY, NR, FLS, CEI. -1, PETC, TRMB, PSFT, APFC, PCMS, IHSC, ADM, JBAK, NBTY, Oil Services, IPIC, HOC, HXL, MAVK, CFK, LTV, LWN, FLC, WEL, ISV, WIT, SUL, ELY, PDE, ATX/A, VOX, "Steels", LPX, BSRTS, PCMS, WLM, AXC, IHSC, BHI., GGC, NGX, SSC, MCN, DAY, CCH, WTS, SHG, MSX, WLV, RYO, UPX, IIR, GW, WS, DX, NS, Z, pb (pulling back)....some of these are also in "ms" 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, 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 able 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:
(some of these are also in "pb" list above) TLZ 5 1/4 up 5/8 (S), TWA 5 3/4 up 3/4, CEI. -1, LTV, ROP, OLN, GGC, BEV, BST, CTI., VDC, GLM, MCL, TRMB, FEN, ATX/A, FLC, NTBY, IKN, ULB, ANET, JBAK, TMA, MRVC, BSRTS, GRERF, WLM, WIT, BHI., HXL, AMLN, BST, cheap Golds, Energy/Svc., Steels, MSX, NGX, SSC, LWN, VOX, WKGP, DEN, ATV, FLS, VTO, WTS, TPR, WEL, ZAP, AZC, SNT, AXC, RYO, CAU, IIR, GW, WJ, MS.

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 long Puts, unless otherwise noted):

* too late to buy puts on these now, but acting properly, stick around:
 Puttables specifically given you herein, which are Falling/further: CMGI. -10 (S), AOL -9, ELNK -6, -4, MSPG -5, EBAY -7, -10, YHOO -9, VOD -9 1/2, PIXR -9, FLEX -5, ITW -6, HB -5, COLTY -4 3/4, TSFW -4, VIA -4, METZ -3 1/2, JCOR -3 1/2, MUEI. -3 3/4, GDT -3 1/2, AGN -3 1/2, XRX -4 1/4, ELN -3 3/4, AVP -3 1/4, CAH -3, CGX -3, XCIT -2 1/2, INTU -2 1/2, ZION -2 1/2, EFBI. -2 1/2, CCIL -2 1/2, CGX -2 1/2, CCE -2 1/2, SNRZ -2 1/2, LGTO -2, USTC -2, VOD -2, UHS -2, SGY -2, BRG -2, CL -2 1/4, GD -2, GM -2, LU -2, SGY -1 5/8, FAM -1 1/2, CPRT -1 1/2, BFO -1 3/4, CMA -1 3/4, OMC -1 3/8, DHR -1 3/4, VIA -1 1/2, DV -1 3/8, CMA -1 1/4, EVGN -1, SCUR -1 1/4, ACXM -1 3/8, ASDV -1 3/8, ACCOB -1 3/8, ITWO -1, FISV -1, SUP -1 1/4, TLC -1, EGR -1, GAS -1 1/4, ROH -1, BSYS, ASGN, TYC, GNE, TXT -1, SUT -1 (S), GPU, AA (S), CQ, down/further, just since last time here....also, see, PSUN @ 13-, lower still....and also see 'bouncers' below.
* Note, how I, again, am giving you some Puttable stocks which are Falling, as most of "the market", and especially high-priced, name, quality-type stocks, rise, again....that I am among the very, very few, giving out ANY profitable puts, since early Sept. (and tons more, from March, and July, through Oct.) should be more than enough, yes ?

Note: these have always been listed, by "number of points falling", from most, to least...."(sow)" means, "Sell long puts On next Weakness, towards support".... "(S)" means sell/sold their long Puts right near here, 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.... **** IMPORTANT, you MUST view the 200 DMA's of our Puttables, past and present, for their potential support targets/areas/prices....


* but, then, these, are acting too Strong, and/or are Bouncing, and/or must weaken anew, and/or are sales on pullbacks/weakness (sow): getting many intraday drops and bounces, COLTY -4, MSPG +4, ELNK +5, EBAY +18, YHOO +12, AOL +6, XCIT +2 1/2, CDWC +6, SCUR +5, LGTO +3, INTU +3 1/2, ITWO +2 1/2, FLEX +5, LU +1 1/4, FISV +1, -1, TLC +1, GM +1, VOD +4, GDT +3, ASDV, CBC, CMCSK, PRGN, TSFW +3, GDT, USF, CMA, USCS, EVGN +3, GAC, ASGN, ACXM, CMCSK, PPDI., RCGI., BSYS, ACCOB, ZION, BOBJY, PIXR, PRGX, MLM, XRX, GPU, UCM, EGR, GVA, PPL, CBC, USM, AGN, STI., LU, GD, and all Internets must weaken/more. Note the V.S.T. volatility among Puttables in recent days.... normal, especially for stage 4 patterns, like the Internets have


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 from.

6) Now--- Here are Other, 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" of stocks to review here, especially in the next two sections here....but that says how cheap many stocks have been at times, right ? Of course, near the highs in March, and July, this list was much smaller, yes ? It is logical and expected, after the recent mini-crash, That there have been/are more "EVB's", yes ? 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.

note how much smaller the Long-side lists have become, "after the mini-crash bounces": "by Industry Groups":almost no great Bases here, just many EVB's (but, again, Not if any of these make new lows here, and, NOT if they are already "up", right ?):
Semis/Comp./Techs: please see "Techs", listed, in the "watching" section, below.
Prec.Metals (add, GLDR, to, KRY, SIL, GRERF, CCH, AZC, VGZ, RYO, SSC, DAY, BGO, CAU, all real cheapies, risky, eh)
"Basic Inds." (Chem., Farm, Steel, Paper) (WIT, BIR, WS, LTV, BS, TFT)
Energy/and Oil Svc. (add, SDC, TBI., to, PGO, OXY, NOI., NE, GLM, MLR, WGR, CFK, MAVK, FEN, MHR, CHK, KSF, TRP, RDC, WEL, WLM, IIR, NR, VRC, PDE, BHI., OIL.... some may form double-or triple-bottoms ahead ?)
Biotech/Health/Medical (add, BTGC, to, PHYC, ISV, GNSA, VTS, TGX, SHG, LXR, MT, TOX, IPIC, ULB, SHG, MGL, HIV, CCLR, BDR, TOX, MPN, MS)
Consumer/Retail/Apparel/Shoes (add, CBRL, to, PRD, BBA, LDRY, BUR, KFI., MSN, OO, UNO, SGE, FTL, BLM, VCD, GCO, Z.)
Capital Goods (CWC, ROP, MSX, FLS, WJ, CTB, LDW, HPH, HXL)
Hotel/Gaming/REIT (MIR, SER, JAMS, UDR)
Employment (JOB, MPS, RMDY, ESOL)
And, again, as I pointed out earlier here, some depressed R.E./REIT/Financials/ Mtg.-type stocks, many with huge Insider Buying a while ago, some with very high "potential" dividends, may shape up ahead....watching, in no particular order, add, PFG, to, AAC, ALF, AEC, AML, AMMB, BNP, BOY, BRI., CBG, CPP, CMO, CRO, ENN, FBG, FCH, GLB, GRT, IMH, KPA, LTC, JPR, MAA, PMC, RFS, RWT, SIR, SPF, TIG, TMA, UDR, if you need some maybe's, on pullbacks only)

NOTE: as I said above, ON BIGGER PULLBACKS ONLY, stocks like our Oil Service, Golds, and Techs, may very well set up as depressed buys again, down the road.... as always, I will let you know at that time....have patience.

And, as I have been saying here, even though I have given you a ton of quick 50-100% gains, do NOT expect as large rises off bottoms, as when I gave out similar "EVB" Techs, in the late '97/early '98 period (nor, from the late '95 to early '96 period....I was first/only to do so near their lows at those times), because there are NOT many "true bases" here--- just some with good EVB's....we accept occasional Q, small losses in some longs, w/close stops, along the way ....Also note that many popping stocks are due to pull back, soon, after their recent/initial "dead-cat bounces". This is normal, and welcome.

and/but, Important: also, took these Off the pot. long Buy list, Before they might have been Hypothetically "bt.": CEXP, GYMB, SFR, ONX, PXD, IAD, --- were taken Off....These/they just need more work, technically, first, and/or are still making new lows....we do NOT "Guess" at bottoms....we want only the EVB's, which set up properly....we MUST also see the cathartic/high volume, in "PSYCLE sm" stage 7", first.

* 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), as "EVB's", 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.

We are Also "Watching" --- as potential EVB's/bottoms, near recent lows ONLY (especially since mnay of these are too high to buy now, several which I removed from this list): add, AGTX, BTGC, to, those listed in section (3), and just above here, plus, ICIX, OMPT, SYNT, STRX, IHSC, PCR, CFS, BCP, WTT, ISV, WEB, CPU, SOL, ALN, SEW, TBI., CLCDF, AFCI., CPU, INPR, RAIL, MLT, PSFT, LPX, BEZ, TWA, JDAS, DHC, VDC, UPX, TBP, THP, ZAP, CXI., ILX, TFT, TRMB, PHYC, WTT, PCMS, ELCO, MRVC, LWN, AXC, BMC, HXL, CYI., PIN, ICA, AG, IO., IV, still, most all as "EVB's" (again, note, most are "Techs", with some "Finls."), and, the Value Line issues: NSANY, DEMP, CEPH, GNSA, OFIS, BUNZ, SEW, TSA, FNL, MGN, COE) some here, some Not just yet, as those need more work, technically....and/but most, only on pullbacks towards lows.... and/but, not any of these, when/if they make new lows or break budding bases/patterns....and, again, some EVB's may still form double-bottoms ahead, so don't "force" trades....

NOTE: some of the "newly addeds" here, are previously successfully traded stocks which are now pulling back....fitting the overall message of the recent market, above....

**** 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"....Last, on some of these, you are going to have to stretch your time-frame out a bit, this time around, as some of these may, like after the last few mini-crashes, take weeks instead of days, months instead of weeks, to form any bases/EVB's, and/or rise, dig ?

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, or lower (NOTE: again, if they are already down appreciably from their highs, do NOT chase them down, right ?):

(re-read my "Downside/Puts" booklet) now, I add some more Puttables, again, after/into recent bounces: (no "new" names this time)

Potential Puts list, near their highs ONLY, do NOT "chase down": add, BRG, to, the "Recent Puts Buys from Section (3)" above, plus: QWST, INSS, DCTM, OKEN, ONSL, BYND, VNWK, XOMD, BSYS, FTEN, QLGC, AMZN, APW, ECL, DHR, HIG, JCI., SLM, GE, DRD, CGX, BMY, BGG, AIG, PG, UN, LAMR, ATHM, ASGN, BSYS, BRCM, APCC, COMR, CDWC, CVC, AMCC, CEFT, ASDV, SGY, ANF, RAD, CFR, TLD, UHS, PPDI., NEON, ZION, AVP, CCE, CAH, LIN, MLM, FDO, NMK, CBL, CBC, TYC, COST, PMCS, PRGS, PRGX, INKT, ACXM, HSY, GVA, XRX, PGR, ANF, DRI., EL, still, most all within:

the Best Puttable Industry Groups: still, adding Extended Banks, Drugs, to the extended Health/Medical, Utilities, Insurance, Finance, Insurance, Computers, Retails, Internets, Aero./Def., Food/Bev., High-PE techs, all types of Telecommun., in no particular order, as the most probable Puttables, near their recent Highs ONLY, w/close stops above patterns....also, note how we are revisiting some of our past Puttable stocks....

*** again, note, how, many Techs, Comp./Semis, Health-relateds, Steels, Metals, Financials, Airlines, Insur., Banks, Alum., etc., stocks, have done nothing more, recently, than just rise back up, towards their still-falling 200 DMA's/resistance, as taught in my "Downside" booklet....I showed this ON my T.V. appearance, 11/25....what does THAT tell you ? Remember, double-tops CAN have a right-top, higher, than their left-top, ditto "head & shoulders" tops....see, BMY, TYC, AIG, PG, AEG, PGR, HDI., GE, ADBE, UIS, others, etc., as pot. D-T's....We may have a Q, S loss the first time, or in the middle, but we also are more likely to catch the eventual top, as taught in my "Downside" booklet, provided one stays with the strategy.

8) "PSYCLE sm" Lesson for today:

On my TV appearance, 11/25, I specifically showed a bunch of "Depressed "PSYCLE sm Bases/double-bottoms, where similar companies in similar Industry Groups, had similar chart pateerns at the same time, then rose up towards/to their 200 DMA's"....If you get some time, and can get charts with 200 DMA's, please actually view these (every one WAS specifically recommended herein, near their lows): ACK, AHG, ANDW, APAC, ATML, BYX, CHA, COT, CS, DEX, DNB, EMF, FEI., FJ, GCR, HNP, INCY, IRF, MER, MII., MME, NA, NSM, OWN, PAP, PETM, RYC, SEM, SQNT, STJ, UNP, UQM, WCS, WFR....see how each rose right up to its 200 DMA ? neat, huh.... also, these did the same: ADSK, BA, CA, CNI, COFI., LRCX....and, of course, many Financials, Banks, Insur. stocks, rose up to their 200 DMA's, after having previously Fallen, big-time, from stage 4 tops....

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, 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.

As Repeated in Every NL:
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, to, 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....no emotion.

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 tops, and July tops, and drops, have proven that yet again.

*** Note: I share "so many" ideas herein, for two logical, service-oriented reasons: 1) to give You a more "Complete" picture of what is happening, worth knowing, and what might be done, and, 2) because some stocks/options given may be more "liquid/illiquid" than other....I share so many more, similarly positioned issues, so that more of my valued subscribers will be able to properly diversify, in various portfolios, for various objectives, etc. i.e., If I just gave out only a few stocks, some people would not be able to create complete Options Portfolios as easily, nor diversify properly, and pension plans cannot even do options, right ? Plus, by viewing many issues' CHARTS patterns, you will learn this quicker, yes ? While I share ALL applicable stocks ideas which befit different "PSYCLE sm" stages, Only, maybe 5-10-15-20, maximum, stocks are truly "worth acting on" at any given time, as per section (3) above, and, in sections (6) and (7) when/if those issues also properly set up, near their lows, right ?)