to all: first, notice, as I said when several nice people wanted to buy some "seemingly depressed" energy svc. stocks, here, earlier this year (after I had given them out as Puts last last year, as you know), and I cautioned them to VIEW their past-year charts again, and I suggested they were only likely to be stage 5 or 6 -type stocks, at that time, in my "PSYCLE sm" stages, and therefore not VG candidates for buying, versus others (and vs. some Puts, near the March top)....
anyway, please view individual charts of the oil. svc. issues to "see" and learn the(ir) pattern(s), and, also,
second, note all the decent drops in extended Financial, Housing, Techs, Health-related, issues recently....those were the groups/issues I gave to my people March/April, etc. I was indeed too early on some "banks" puts, but recovered nicely, in Puts, and, again, if you have not had "any" "PSYCLE sm" puts from March/April, I will try to teach y'all further....please feel free to email me anytime....this is the stuff you want/need to learn, esp. if more declines ensue this year, next year, etc., yes ?
anyway, I have written some formal booklets, with actual historical examples/charts, of "How to Do Puts, the Psycle Way", etc., if anyone wishes to contact me, will help where I can....best wishes,
P.S. it may be a little late to "begin" to buy many puts today, since so many issues are already off their highs....just trying to help teach things of lifetime value to others....have a good weekend.... |
