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Strategies & Market Trends : Lessons:"How to" properly exploit Price DROPS, in stocks -- Ignore unavailable to you. Want to Upgrade?

To: Bruce who wrote (452)	2/19/1998 5:24:00 PM
From: Jim Goodman	Read Replies (1) \| Respond to of 660

to all, and thanks, Bruce....excellent choice of puttable Ind., group here....I also have some extended banks, again, for pot. drops to at least their still-rising, 200 day MA support (right ? as taught).... BK, BKB, ASO, IMP, but, STT ?, STI. ? MEL, are more iffy....definitely on my recent list....good for you, Bruce....but, note, USB, RNB, some others, not setting up yet, as they are too strong here ? been a real tough PUT time recently, which is why I have not bought many puts lately (pretty much correctly, of course)....but, yes, I am also viewing some extended Utilities (PCG, PEG, FPC, NGE ?) with similar S.T. umbrella "PSYCLE sm" tops here....for similar pot. drops to 2000 DMA....hmmmm....the whole "interest sensitive" groups may be topping ahead ? hey, I see NO one bearish on any of them here....what does that tell you, sentiment-wise....dig ? Insur. issues as well, soon ? as you know, I am often a bit early/first to see these trends, so keep that in mind, but still, have done very well on the Put side, overall...and so few people even try puts.... anyway, also added AMR @ 134+, MAR, CINF, GWW ?, MTX ?, MTEL ?, QWST, PAYX, NAUT, MCCRK, MIKE, CTXS, PBI., near their recent highs ONLY, recently....we shall see....just trying to help....remember, when suitable, ONLY, L.T., in-the-money, diversified, w/stops....it just plain has not been a great time for the put side, which is fine, as y'all know how I went long depr. techs into the Asian scare and most are up real nicely, since...right ? we just do, what the market tells us, with no scenarios nor agendas !!!! but, TRB, CEN, BFO, aborted pattern, check all of these mentioned, one-year-past charts...to learn the pattern better.... last lesson: I gave out LLY, which fell perfectly from 70+ to its 200 DMA under 60., and out....see it ? learn that pattern !!! and, just missed BMY in that ind. 99+ as a put yesterday....might it also fall ? as always, just for education sake....best wishes, keep in mind, when S.T. tops come, this thread always has fewer posts.... get it ? enjoy,

To: Bruce who wrote (452)	6/12/1998 4:49:00 PM
From: Jim Goodman	Read Replies (1) \| Respond to of 660

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....