Thursday, April 27, 2006

are there tons of 'fakeout breakouts', Psycle-wise ? giving out more longside, and short-side, winners anyway for y'all

Well, as expected, around all potential 'topping periods/areas', we have, so far, as of thu. 4/27, seen, a ton of potential 'fakeout breakouts' ("fobo's"), among many extended/rallied stock indexes, eneregy, and metals, stocks....Once you learn "PSYCLE sm" patterns/stages, this is a normall occurance at tops....Meanwhile, as around all potential tops, my followers and ideas often have fits-and-starts, and some Quick Small Losses ("QSL's") in some Puts (but other Gains in given-from-tops Puts (see below)....also meanwhile, we have given out more Longside Winners (see below), regardless, as usual, most all in specific Industry Groups ("IG's"), as the Rotate in "PSYCLE sm parlance"....
of course, one must not be discouraged buying near lows and/or shorting near highs, anyway - no emotion, right ? - when/if there are some 'fakeout' moves, before we get the 'real' move, right ? (that next 'bigger move' I still feel will be lower, for most already-rallied (too much ?) - stocks/commodities, short-term anyway).....It is often worth the wait, to get the 'originally expected' up/down price move, as you have seen from my many-years-back track record, yes ?
Last blog here, I listed the best IG's you can view for trades; they remain pretty-much the same groups....Still, 'the 95 %', the Financial-and-all-Media, other NL writers, brokerage firms, et al, remain ridiculously bullish on Metals, Energies, they all think Interest Rates are going to rise forever, and only became newly bullish at recent highs in Utilities, Airlines, Techs, Semis, Foreign stock indexes, and, of course, some Comodities, etc., oy....This cannot last, gang.... Psycle-Sentiment, plus some internal technical weakness within markets, i see, as foreboding....as usual, I am among the few non-perma-doomers saying this recently....

since last time, in my NL, I have/had given out more Longside upside winners (stocks/calls options/margin): ( be sure to VIEW their charts patterns, going back 1-2- years !):
EVC, LSCC, ACTI, MLIN, AGIL, SUNW, THC, CSCO, BVC, SMIC, MMTRS, SNE, TQNT, COMS, MCEM, PMCS, BVC, HOKU, Calpine high-yield notes, GM high-yield notes, from their Psycle-recomended lows, (some were very fast, some longer-term),

and took quick very-small losses when these Longside ideas broke below their basing patterns: WIW, AFR, GTW, DNDN, BORL, DELL,

gave out more Put-side/shorts winners: COH, BMHC, SOX, XAL, cash Sugar,

and took quick very-small losses when these Short-side ideas brokeout/up, from their budding umbrella-top formations: BAC, TYX, TNX, DCEL, PBW, GLD, cash Palladium, Crude Oil, OXY, VLO,

and, I still forsee potential "fobo's", in these ideas: the COMP, INDU, SPX, the HengSeng, the Nikkei, XAU, Crude Oil, Steels, and most all Energy-and-Metals-related stocks & indexes, dig ?

and check out the new longside, and shortside, ideas i added, in my most recent NL, contact me anytime....

i am also reminding y'all, i have been Long Nat. Gas from recent lows, and trying to be Short Crude Oil, from 71+ ?, an unusual 'PSYCLE sm' concept you will learn by reading my valuable Booklets....

So, i am definitely still leaning more bearish on 'already-rallied-a-lot' ideas....and my longside buy list is kinda small, but serviceable....i also wonder if some 'yields' rises may not turn out to rise much higher, also, to be ''fobo's", and that, now that Sentiment in IR's is also super-bullish-on-expecting-higher-yields forward, I am leery of that trend, also....so, we continue to hold decent cash positions, pending.... And, as you know, i have been bearish on 'coasts-R.E.' for months now - looks like many areas are already down in value....

i wish I could be more definitive than already have been, but this is not a time to be super-bullish on parabolic ideas, ok ? it would be extremely unusual for those ideas to rise a lot more a lot longer....please use/keep stops, hedges, hold at least 'some' puts, and my depressed Longs with close stops, here....