 Welcome folks, this is Tom O'Brien of TFNN. We go five days a week, we go seven hours a day, we go 24 hours a day on the internet at TFNN.com. Always remember folks, whatever you think about, you bring about whatever you focus on grows, so if everyone's having a great day, safe day, it's a TGIF folks, it's making a great one. Be impeccable with your words, replace fear with love. The human mind is like a fertile ground where seeds are continually being planted. When you're impeccable with your word, your mind is no longer a fertile ground for the words that come from fear. Your mind is only fertile for the words that come from love. Knock it off! Let's take a look at it out here. We have the Dow Industries up 297, NASDAQ up 221, S&P's up 74, up 54 rather. Gold, gold contract up $8.80 straight into 2002 an ounce. We had silver up 49 cents, $23.34 an ounce. Lightsweep crew down to buck 45. $81, one penny, a barrel, notes and bonds. A 10-year note. Up 28 ticks, trading 108.12. The 30 up a full point plus seven ticks at 113.29 and King dollar. King dollar's trading down to 1,092 ticks. 105.032. The year is at 107. The end's at 149.35 and the British pound is at 123 to one at US dollar. Our phone number's 877-927-6648. Give us a call, folks. I know what's going on in your world and the world of the S&P's. Let's take a look at them. What do you have? Well, now you're inside the higher range, folks. Bottom line is that you, there we go. So you take a look at the spy. What are you gonna see? Step by step, you know, bottom line first. You know, on Tuesday, bottom line got inside one range. This morning, got inside the higher range. We blasted inside it, by the way, okay? So what you have here is this, okay? You're gonna be approaching the first swing point. We're at 436. Your first swing point up here is the 438. You know, we'll see how that handles it coming next week. But the bottom line is that on a longer term basis, this thing wants to go to its highs, which is that 487, 459. 459, right now you're at 435. We go into the NDX 100. We take a look at the cues and as I said with the cues, the cues have been much stronger than the spy. With your head with the cues, you know, bottom line and with the cues, you were only out of the range for, you know, well, you know, you came down out of the range three days. You popped right back inside it. And the cues are in the higher range. You know, the bottom line, you had Apple come out with numbers last night. And, you know, it is only Apple, folks, that could come out with four quarters of, you know, contracting revenue and they don't sell it down. But bottom line, it is what it is, okay? You know, if you do take a look at their numbers, I'll just bring it up so you, because if it was any other stock, the thing would get smoked, man. You can see, you know, we're talking about, when you're talking about four quarters, well, actually they did 89 billion. So they did 117, 117 billion the first quarter, 94 the second quarter, 81 the third quarter, 89 the second. Now, what is happening, and that's what folks are looking at, the next quarter, they're looking at 120 billion. So they're looking to go from 90 to up to 120. Bottom line is that if you take a look at the cues, cues want, right now the cues are trading at the price point of 368, and that high that's laying out there is 387. You know, bottom line is that cues want higher price. Now, let's do this. I'm gonna, yeah, so we'll go into, if you take a look at this, and this is what it's all about too. This is a dynamic change, okay? This is, you know, these things just don't happen overnight, meaning that we've been in a high, well, we've been going higher on an interest rate structure right now for 18 months. It's over, and it's not only over, we just went down a half a percent and literally about two weeks, okay? So if you take a look at this, what you're gonna see is that 4.9 was the high, more 4.5. Now, this is the chart you wanna see, because we're all technicians and you're gonna see how this, this is the yield chart, okay? So you can see we, these numbers were 4.55, you can see that high, that now that high was made when the markets were closed, but interest rate structure still goes. It was 5.018, and that high was generated, let's do it, four, eight, nine days ago. So nine days we went from 5.05 to 4.5. Now that's not the big deal on this chart. What the big deal on this chart is, is that it broke the uptrend in a monster way with conviction at saying that, guess what? We're going down to 3.7. Yeah, that's how this shakes out. Now, what will end up happening, you're breaking the structure out here today, you're breaking up with conviction, that's saying that the next leg will be pretty quick, coming down to the 4.3, you'll get some support at 4.3, I suspect what will end up happening will break it again and we get down to this 3.7. And what does that mean? Well, that means let's go over to the dollar. What it means coming over to the dollar is that you're gonna see bottom line, this is down with conviction, okay? Wide price spread, monster, wide price spread, and it already built cars, I was speculating it was building cars, but there's the proof, it built cars, just blew away this consolidation. So your next leg is gonna bring you down to that 104.699 and right now you're at 105.046. And all you have to do is go to the home builders and you're gonna see that game is on. Why? Because the fact of the matter is, as if we get down to 3.7, that means mortgages are gonna be five and a half instead of eight, okay? And I expect that that's gonna happen in the next four to six weeks, man. I mean, because why? Because we went too far the other way. And this is the, this is the, well here, here's Toll Brothers, look at Toll Brothers. Toll Brothers in five days just went from 68 to 82, but that's not the big number. Here's the big number, where do you see this? Toll Brothers could end up being an ABC structure up. This is, it only had back down, okay? Well, from the whole way, well, I'll take this one. Yeah, so on one of them, from the last trend it back down, 0.618. From the last trend, however, the beginning of the trend, when you see this, you're gonna crack up. We didn't even do a 0.318 retracement. So how it attacks this high, which is right next to it, is gonna say, okay, do we have an ABC structure up? Because we know you have a tight housing market, but we had as a high interest rate structure, now you get interest rates coming down, now the game is on. Stay right there, folks, we'll come right back.