 Are you with us? Yes I am I must say I'm listening to this and I'm looking around to see who you're speaking about. Thank you very much. Basil I'm serious I take a look at all the newsletters when I publish some of them in the morning and I always enjoy yours so much. It's just concise and informative it's awesome. So tell us a little bit about the webinar here. So let me just slide this across here. So in my work I look at a certain moving average certain technical tools that I just put on the chart which I might not have to use at all and sometimes I do sometimes I don't and it's how you use these tools that are really important you know it's you're not going to use a hammer if you're looking for glue you're not going to use you know glue if you're looking for a saw you need the right tool for the right time so I spent quite a lot of time over the last few weeks discussing with Tom many times when I was interviewed about the power of this 914 exponential moving average and how it really it can help you in assessing duration and turnarounds and all sorts of things that are really important and such a simple tool to put on your chart it's a nine and with the nine I'll show you this I'll keep moving over here to show you so I've featured this particular chart right here almost every day for the last couple of weeks and I said that in the Dowl I don't want to go through all the different aspects that I talk about but the one most important one is let me just move this was I use this as a data chart so here we go this data chart showed you the nine period exponential moving average crossing positive way back in June and let's stay that way this green line and it takes a long time for this green line to turn down to turn pink and how you assess it is important so I was anticipating that there would be a Dowl turnaround but at the same time there are other technical tools that I use for instance there's a nine period exponential moving average that's important but I also used to see this little blue line here because this blue line picked the exact bottom right there at the bottom that was back in July and look how it got the exact top to the down August the first where we actually went short the Dowl so that just simple tools it's just sitting there's nothing you need to do you just observe it and then a certain point you make an assessment so within that context we're also looking at other techniques that I'll be discussing so it's the power of the 940 EMAs and other indicators so we'll be going through that we'll be looking at how to use the on-balance volume for potential price turns when and how to use the 200 exponential moving average that's a longer term moving average you don't need it but when the price gets we've seen it over the last week when the price gets closer and closer the goal did it so many the dollar has moved up towards its resistance at the 200 period moving average and then bar symmetry and bar symmetry basically says it's fascinating how you can use the now see the number of bars on the upside equal exactly the number of bars to the downside if you use the what I call the plumb line or that fulcrum right in the middle look the Dowl went right to that gap in in the same number of bars from that high that was made at 35679 and then I have a technique I call the Chapman inside where it's either a support or resistance line and that shows you how often you can test that line and even bounce away from it so these are very practical tools that you can use I'll be discussing our positions and we've had some really nice positions one of them is in the smh the semiconductor index if I can just find my earphone just popped right out and that we were very fortunate we went short two days after the little doji candle high at 161 went short of 159 we actually have the so xs that's the three times short long you bite us a long position but it actually is made up of a short position and we've had fabulous gains in today in fact from our initial entry we're up about 30 percent this morning on one part of the position so I want to show these things I get small I also like to for my subscribers I have very small price low price stocks for instance yeah we have uranium energy core we've had it and look it's walking this nine period moving average and 14 period move itself I it's a it's a really it's an intensive workshop but I'm going to try to make it as simple as possible and be looking at our positions what do we expect next what's anticipated how are these technical tools going to help us very practical ongoing thing and of course they get my news every day absolutely and and as well you know I would say that you know I've I've hosted a lot of the webinars that you've done and you do a really phenomenal job at explaining it I would say when I first started work here and see in the charts you know it's a lot to look at right but when you get into these webinars right it is broken down in such a good way that you can really wrap your head around and and plus it's archived as well so if you want to keep going back and learning some more I mean you should because it's it's it's really awesome and it's a very powerful they also get numerous webinars that I have on all these different techniques and they can go through the archives even this will be archived they can go through it as me if they can't make it at four o'clock it'll be archived the next day they'll be able to look at it and as I say it's very practical it's going to be money management all sorts of things that I think are really important to the whole vernacular of the stock market absolutely well basal thank you so much for coming on the show um we're really looking forward to that webinar august 23rd thank you very much Jacob and congratulations you're doing a fabulous job I mean this is this is all new to you and you just right at home it's fabulous I appreciate you saying that basal thank you so much thank you take care now