 The following is a presentation of TFNN Trade what you see With Larry Pezzavento Call now toll-free at 1-877-927-6648 or internationally at 727-873-7618 Now Larry Pezzavento Okay looking good Billy Ray feeling good Lewis So we're going to have Paula Webb and Paula Webb Douglas as our guest at the half hour I'll share a few stories here before she gets on the board here But I wanted to I brought a picture of that egg of Columbus up It's a little hard to see but you can see the gentleman there is trying to stand the egg up Upright you know the elliptical egg and of course you know Columbus showed him how to do it by being a hard boiled egg He just tapped it and said you know see how easy it is once someone shows you how to do it Anyway I want to bring another chart up that I think I've got some important what I think are important What am I talking about they may or may not be important who knows they're only charts Okay let's get right back here here we are this is the German Dax you see we're completing an ABCD pattern It's in still in a downtrend going back to the middle of August And that's going to be interesting from where we are right now but even more important folks We were talking about this NASDAQ the other day and let's just get this up here to see where we are Because we're hitting some really major stuff here in my opinion of course But you'll see here these are the numbers that we're looking at up here That was around 15,180 in the NASDAQ But yesterday on the show we were talking about the Dow Jones industrial average Because that was the one that's you know seemed to be being the strongest And one of the things that we pointed out was it had a high probability of going up to that 78% level Which was also an ABCD pattern and that's exactly what it hit It went tiny bit above it so far but you'll see here as we get up here the emotionalism of the market Especially that first hour as they call amateur hour you'll be able to see we're right up here So we've got a really interesting ABCD pattern this is a perfect Gartley It is a sell pattern those of you that follow Gartley if you can't do this one you can't do any of them Now we will have Paula Douglas here on the line here just to let me tell you a couple of funny stories Mark was probably the most humble human being that I ever met I mean he really was I mean he was just so humble it was unbelievable And he had the biggest traders in Chicago and also in New York as part of his people that paid him consulting fees for doing it I'm talking about Charlie DeLisandro and Tom Baldwin Robert St. John was not only a customer of his He was also a very personal friend of Mark and I'll tell you Robert was a little guy he was only about five foot eight but he weighed about 140 pounds soaking wet But folks he could beat that guy eating hot dogs that Joey D that they have that hot dog thing That guy could eat like you've never seen before and he ate so fast that you wouldn't believe it when you set it down to eat We were at Rodides that Greek restaurant in Chicago we used to go there And Tom Robert was sitting at the head of the table right next to him was Charlie D And we were having lobster because it was Robert's first day that he had made a million dollars in one day trading bonds And so he was celebrating and so they were bringing the lobster out and they served him first because he was at the top of the table By the time they got around he had finished the lobster and the guy had picked up the plate and brought it back When the Mater D come he didn't think that he had served Robert so he brought him another lobster And Robert ate that one too I mean and these were three pound lobsters and it was it was so funny to see because the guy The waiter looked so puzzled and you know Robert didn't say anything he paid for it of course But that was that was really funny another time was when the OJ Simpson trial was on this was October I think it was October it was the first week in October it was a Tuesday we were at the up and up at the The hot the big house up at the on the on the lake and Lake Shore Drive was empty everybody was waiting to see The results of the trial coming in and so Paula had prepared a huge buffet oh my god it was fabulous She had cooked four pounds of bacon and she had eggs Benedict and oh my god it was just really a great spread There about 20 people there and Robert and Charlie D were standing at the top of the buffet line and they were Waiting everybody's watching TV they kept nibbling at the bacon those two guys ate four pound of bacon So when it came down to eat all the bacon was gone and she made she made them go to the supermarket Get some more and so she could put it up now those were just funny stories that I get they were really funny Okay, there's a lot of others but you know I'm just trying to kill a little time here to show you what's going on Yesterday we talked about that bond market folks I wanted to bring this up to you this is what we were looking at in the bonds If you remember I said you know watch this pattern in the Treasury bonds because at that 160 level That was a beautiful 382 retracement in fact it was but if as I looked at it and actually would have made some money It made about $480 at one time if you only risk it 180 but look look what the actual when I looked at this at the end of the day Look how perfect it was I mean the the move that happened back in From September 8th you know to the 15th was exactly the move that we had yesterday and the high was 160-10 Well look what's happened we're already down we're trading at 159-12 already today so that's probably what we're looking at So a bit yeah they ate the bacon all of it Mr. Shark and they're both little guys I mean they're both very very very skinny But Robert ate so fast that you wouldn't believe it when you sat down to dinner with him he ate so fast I mean I just don't know how he did it but he did it Anyway that's the Dow Jones we're seeing the same thing in the S&P those numbers we're looking at in the S&P come in at 4460 to 4475 This is an ABCD pattern and that's what we're looking at the other thing it's important folks is the gold market We went up you remember that 1801 1802 level that was a 1.618 expansion up into that area The fact is I can bring it to you and I was going to show you the importance of it today because we had a big break in gold I want to bring it up to give you a rough idea of what you're looking at here there's that rally up to 1802 That was just a tiny bit above the 61% retracement you can see it's a 1.618 expansion up there And we came through the 382 like it didn't even exist today folks it melted through there And it went all the way down to 1766 which was below the 786 of that last move and now we're having a little bit of a bounce back I personally believe this is a major cycle high in the gold and the silver and if you did the work on your silver When you see the 1801 in the gold you'll see that the silver made a perfect 61% retracement of the previous high on that one too We were looking for it to possibly go you know to stop at the 382 but in fact what happened was the silver went all the way up and made a 61% retracement there Oh I hope I did that right shut the front door and raise the rent just a minute boys and girls I don't think I did Did I do that right nope just a second it's coming now just a minute I hope I'm doing this right I better stop just a second folks I got to make sure I do this correctly because if I don't and if I don't then I got a big problem There we go here we go now I think we can do it correctly here We went through the 382 and we went up to the 50% level and then we went a little bit higher and then we rolled over This is why I think this is still a top in the gold market we'll be right back folks 877-927-6648 You might think that if you want to be successful at trading in the stock market you're going to need a crystal ball 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advice and guidance from the authority in technical market analysis and it's not just dry tedious text either TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV Live every market day from 8.30 a.m. to 4.00 p.m. Eastern For free each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world From the moment the market opens until the closing bell sounds Tiger TV has eight different shows with expert hosts to help you make the right moves with your money Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be TFNN Educating Investors Call now toll free at 1-877-927-6648 internationally at 727-873-7618 Okay two things folk I posted into the Tiger Den a webinar that's being done by Dr. Richard Smith from the Foundation for the Study of Cycles It's a webinar you can go in it's free click on it I think it has to do with fear I haven't had a chance to watch it yet But if you'll just click on that link you'll be able to you'll be able to get it just through the Foundation of the Study of Cycles It's a free webinar also Shane Smollion has one tomorrow at one o'clock if you check out his channel he'll have that for you too One of our listeners was nice enough to send us a chart of one of the Dow stocks in fact it's one of the more expensive Dow stocks It's in the double triple digits like most of the big ones are but if we take a look at this you're going to see something If you don't believe in Fibonacci numbers folks that this might change your mind a little bit I didn't put ABCD on these charts because you can see that they're pretty easy to spot you know between the red and green candles But look look at the low that we made back here how perfect it was to a 50% retracement look at the low at the 61% retracement And look at the low at the 78% retracement all coming in here a couple of weeks ago in the the way it was actually around October the third In the visa and of course we've had this big move here and if you looked at it really closely on the right side of this you can see the ABCD pattern Three days ago when we were making almost a double bottom with an ABCD and that's what's given that market a big boost We could easily go up and make new highs from here folks I don't think it could happen but you know my thinking in my opinion really doesn't count So you've got to be able to take that into consideration as you start to look at these charts that's for absolute truth But that shows you how these patterns work and when they do they work very well and when they don't you have to stand aside and find something else That's the whole key to it One of the things when we did that floor traders handbook was reproved mathematically how ABCD actually works I mean it's just amazing we went through thousands of those patterns to show when they work why they work And the probabilities behind them and the fact that it gives you an edge of 62% on your trades in other words being a buyer seller at point D gives you an edge of 62% But that also gives you have an unedge of 38% that's where you have to you know manage the trade and get out of it because when they don't work you move on to the next one There's no hundred percent ones out there so we have to pay you know really close attention to that as we go through each of these charts looking at it But we are at this major major spot here in the Dow Jones the Nasdaq is not quite there yet but it's very very close it's only about I think about 70 or 80 pips away in the Nasdaq But the Dow Jones has made the number the E-mini S&P has made the number and the question from Ruby is does it make a difference if you trace your Fibonacci's pattern to the top and reverse No it really does not as long as you take the lowest part and the highest part and go from high to low and low to high the ratios are going to be there The best way to look at it is if you go from a low to a high look for the retracement and if you're looking from a high to a low look for the retracement You put that in and you schedule it like you're supposed to in other words put the four main ratios in 618 and 78.6 and then you have one which is AB equals CD Then you have the 1.27 and 1.618 expansion numbers if you do that you can have all the numbers that you want I mean you don't have to have any really fancy things This is a perfect example here Ruby look at this this is a perfect example of what we just talked about right here this is the gold market All I did was I took the high from September the 8th to the low on September the 11th okay and I just put those ratios in you can see 618, 786, 1, 1.27 it went up to 1.618 And then on the downside all I did was to watch 382 and they kept going all the way down they went below the 78% level because we went down to 1761 And it should have gone to 1762 we valid back to eight or nine bucks from there but not very much but that that's what you're that's all I'm doing I mean I keep this thing as simple as possible simplicity beats complexity you know I don't use oscillators any studies at all studies are all lacking indicators Because they're taking what's happened in the past and they're taking that data and say okay this is where we were then well you know then is great But now is now and this is where you got to trade you got to trade in the now and all I'm looking at is point D and if my D is correct and I'm going to be able to look at it And she's bow is saying I'm itching to go long Christmas hogs my thoughts alright let's Christmas hogs since we have a few minutes here we're going to do that for Mr. Bow He's always one of our great contributors here so give me one second I'll come up here and we'll pull up the old Christmas hogs here and just a second here one second and hold on just a minute here Where are you Christmas hogs just one second it'll take me that's a G there we go and here we are Christmas hogs there's a D they're coming up hang on there Oh we're right there Bubba I think you I think you got a good a good idea here let's just put this up here let me put the fib numbers in here bow for just a second because I can eyeball and see we're just a tad below the We're not quite there yet yeah you're right there we go here let's get this up here and let me move it up here one more time so we can everybody can see it Alright there we go alright the 61% retracement comes in here at around 7680 we're trading at 7815 now we've been here for three days so bow what I would do the fact that we have not gotten down there yet I would give it a little bit of A little bit of room you can see the range today is a you know basically inside range not doing up it's about up a little tiny bit on the day I would wait for 7670 because I believe these numbers are so accurate that when you hit them they They come on spot on and I wouldn't give us if I bought it here that you know you've got to put your stop below that's two full points that's 800 bucks that's too much to risk whereas if you buy it at 7670 let's say 7680 Down a buck 20 then you're only risking you're only risking $400 as opposed to $800 so it's not how much money you make it's how much money you don't lose and that's where I would be looking at it at 77 7675 or something like that and then then you risk a point from that level it hasn't gone up yet we know that because of the fact that hasn't taken out yesterday's high now if it starts taking out yesterday's high you might have missed it but you know like my grandma said when you get into the pond you got to kiss a lot of frogs before you find a princess and so keep in mind that that's what you're watching here is your you're watching that particular thing so I would wait bow that the patterns correct the other thing that you've got and we should look at this closely here and if you look at it really closely and let's just do that right now since we're looking at the old ABCD I just drew in the ABCD from the last swing that we had and you'll be able to see here that we've actually see we've gone a tiny bit below the ABCD we're trading right at it right now so I'm like like Einstein said you know mathematics precedes geometry so I would wait for the Fibonacci number of 7685 and then put a stop at 7585 you're risking $420 that's how I would do it I wouldn't buy it here and that's it if you buy it on a breakout above that 79 then you've got to put your stop below 7750 so you've increased your risk by 50% from $400 to $600 but that could get you into the trade but that's pretty much what you're looking at if we look at it just a tiny bit closer we'll be right back 877 Are you having fun trading the markets but having trouble finding like minded individuals to discuss your trading and investment ideas with become an apex predator in the trading markets and join the Tiger's Den trading room only at tfnn.com The Tiger's Den is 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PT are you there? I'm here Larry how are you? I am good I told a few stories you know the time we had the OJ we had that big party for OJ Simpson the when the conviction thing came out it was in October what 95 I guess Up there on Lakeshore Drive and then I also told the story when we were at Rodades and Robert St. John ate the two three-pound lobsters before the guy walked around the table I still every time I think he was so skinny. Oh my gosh. He must have weighed about 150 pounds at the most I think Yeah, that was hysterical That was really funny everybody thought that was pretty good You know I try to tell the folks how humble Mark really was I mean that's the thing that is oh Sarah Sarah just showed me the picture that when we first met In 2000 and 2006 folks by the way Paula Paula married Sarah and I she happens to be an ordained minister and Mark happened to be My best man, but this picture I will get this copied. It's the picture when you when he put all the hockey A uniform on her remember And it weighed like 40 pounds and I'll say I'll let the folks see that tomorrow hey Paula you know you've carried the torch for him really great tell tell what it was like working with Mark I mean you know you worked with him what 25 30 years or something and it was a long time Yeah from the very beginning We met through a mutual friend and I began typing just his notes about the Discipline Trader our first book and the first night I met him I started working for him after Trading the trading day ended and we ended up working till midnight that night just nonstop That's how intense he was and I was just fascinated by his mind Then he took me out for a late dinner and we talked till two in the morning and the rest is history What can I say I fell in love with his mind his laughter his wit his generosity and of course as you mentioned his humbleness It was all wrapped up into a really great guy and yeah, we we began this process together And I'm continuing it with even more materials that we completed and new materials to trade today's pandemic markets And just having a ball helping traders become the best they can be Yeah people don't realize that for every page you see in trading in the zone. There were 10 pages behind it I mean he went through every single sentence every single word. I mean just unbelievable how he would be so meticulous on doing it I said mark I said just write the word out. I said they're not going to carry says yes Larry but but I'll care And I remember there were stacks and stacks of stuff here that That he had wrote and some of the stuff that he wrote that he didn't put in was just as good as the stuff that he left out You know I just I never could understand that now Paula what when you when you work with somebody what's the process that you start with I mean how do you just get a history of what they're doing or why don't you go through it and tell us what you do Well first Larry as you know there's an open offer that I have posted on my website and Twitter That anyone is free to call me for a free 30 minute chat And what that does is that gives me an idea as to what somebody's challenges may be But also to let them see if what I provide as a trading coach is a fit for them So once we get through that then that gives us both a good idea on how we can move forward Then we usually set up a one-hour consultation and it as long as the trader is honest about what they are seeking to achieve Then I can help them. You know I'm not really a taskmaster I'm not here to hold people's hands. I'm here to help traders think like winners and I can do that if they let me So it's really simple. It's just really simple. We talk and then at the end of the consultation I send them exercises in the form of essay questions based on what they shared with me For them to get work started on taking making an investment in themselves I remember you worked on questionnaires with Mark after that we after you did all that work on the research for the Merrill Lynch When you went through all the customers think there were over 10,000 accounts that Merrill Lynch Gave you to look at all why they were winning why they were losing and you developed a couple of In fact more than more than a couple of questionnaires to use with people to get an idea what their thought process Absolutely you still use those types of I'm sure you do because they work so well I mean I imagine you still use those is that correct Yes, I mean currently on the website there are two surveys that traders can take one is just about general trading And the second one is about trading during the pandemics and I'm coming out with three or four more other ones later this week Getting them over to go daddy to post more about your wealth index how to determine You know your mindset your current mindset in terms of growing your equity and things like that because trading isn't just about the technical analysis I mean hell Larry, you know anybody can read a chart if they study it enough But if someone doesn't think that they're already some sort of success to some degree Then they can't make it as a trader because you have to springboard whatever small amount you feel you're a success Whatever it is you can springboard that into becoming a six-file trader if you believe that and that's what I teach paper People is how to make an investment in themselves to create the financial freedom they desire So it's within everyone it is within everyone to be a successful trader if you put in a little bit of effort at the beginning Yeah, everybody wants to be a doctor, but they don't want to go to medical school That's for sure That's absolutely absolutely true You know I mentioned if I dropped a few names of course of you know because Mark had so many famous traders that he worked with But Robert St. John happened to be one of me was such a such a nice guy folks I don't know but you know he made a lot of money and then he gave his he's gave his he's gave his life to God He became a a preacher and the last I heard was he was in Africa working as a minister in Africa So man, it's just it's amazing how he how he trade I remember I hate the sense we're here amongst us girls His ex-wife was named Vicki wasn't it miss Vicki? Yes, the wicked witch of the West folks I can tell you story No, I could tell you I could tell you stories about that woman that no nobody would believe I know I know He was such a nice guy and oh my gosh He just anyway it ended badly for both of her would ended okay for both of them because they both went on To productive lives, but two people that were so they're beautiful human beings, but boy were they Mitch matched? Oh my gosh I think so right because you were you were involved in it more than I was but oh my gosh It was it was really hilarious listen PT. I thank you for coming on We're gonna have you on it in a couple of weeks and with any time you have something new that you want to share with us You know you you're as giving as your husband was and I hope that you'll come back and visit us again because You know you've remained one of our dearest friends and we certainly want to have you back again Because you got some great stuff and you charge very little for it So I think it's important that people that need help should go for someone that has help and you were with market the very beginning And every time he had a page the first person he gave it to you was to you to correct as I recall am I right? Yep, you are PT thanks a lot Okay, thanks Alright See you soon You too We'll be right back folks 877-927-6648 Are you in the market for buying or selling real estate in the Bay Area including the surrounding St. Petersburg Tampa and Clearwater Markets Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay Area Whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property Tiger Realty has the experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels From the price you should be paying per square foot in certain up and coming areas to the type of cash flow investment properties are capable of creating Tiger Real Estate can help you make the best decision when it comes to all areas of the market Before you make one of the biggest decisions of your financial future call Tiger Real Estate LLC today at 727-329-8322 Or email us at tiger at TFNN.com that's 727-329-8322 Call us today The technology around us is changing every day With so much happening it can seem impossible to keep up with all the information David White's investment newsletter The Technology Insider is designed to give you all the information you need to understand the technology that shapes today's markets and tomorrow's future David White has made his living staying on the cutting edge of technology His weekly newsletter will give you specific recommendations for value tech stocks as well as entry prices, target prices and stops to set for each trade Dave delivers his weekly newsletters every Friday with updates throughout the week You can get the technology insider at TFNN.com for only $37.50 Sign up for Dave's newsletter The Technology Insider and get an inside look at everything the technology sector has to offer Try it risk-free today with our 30-day money-back guarantee TFNN Educating Investors Are China A shares hot or not? 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Watch Tiger TV Okay folks, we have a new segment here for trade what you see here today This is the segment called What and the Heck Went Wrong This is the price of copper folks, I want you to see the last three days of action You see the beautiful Gartley pattern there, that pattern actually worked for 12 cents In other words, it went from 4.41 down to 4.28 And then the next day you can see wide range, wide range, wide range And it's continued today, we went way above the 78% level that came in to 4.69 Folks, when you see wide ranging bars like that or big gaps Let me explain something to you in really simple English That means cuidado, cuidado, cuidado That's the Mexican word for danger And since I'm 72 miles from the Mexican border, I understand danger And as Don Adams said, I love, I was looking at danger and loving it or something like that Anyway, look how it's shattered above the 78% level at 4.69 a pound We're trading at 4.74 a pound I have no idea where it's going or why it's going there All I know is I'm seeing these wide ranging bars And for me, that tells me that it's danger And so I stand aside, I don't look at it I don't see wide ranging bars in gold, I don't see wide ranging bars in silver Those are easier to trade, but not with the copper Copper just is just too dark on wild to even think about selling And it doesn't even give you a chance to even buy it So those are just a few things that I think that are relatively important As we're looking at some of these things The other thing is that we've had a question here To look at this silver chart that we were talking about just a minute ago I wanted to bring it to your attention because it is rather important And I'm getting ready to post it here in just one second You'll be able to see what I was talking about here Just give me one second to get this out of the way here Oh shucks I've got to do something a tiny bit different, boys and girls In order to get this on the page, here we go Let me draw the line in so everybody can see it There will be no mystery You'll be able to see what we had here Hold on one second, there we go Okay, here comes the silver chart that I was talking about And I think that'll pop up You'll see we made the 61% retracement of the high back on September the third We made a slightly higher high than yesterday But that was done real really early in the morning last night It was really more of last night's action than today's action And that's what's happened Should we ever get above that 2370 again Then that would be a bullish sign But right now it's not doing it It's not selling off nearly as much as what happened in the gold market You'll be able to see this Let me just bring this to your attention right now Because the gold market took a huge hit And all we could do in the silver market Just get up here if you're bullish silver You want to watch this because this is what I think is important But if you take a look at this You'll see here that all we've been able to do in silver Is to make a 38% retracement down here to the 2312 level And since that time we've rallied back All the way back to a 61% retracement So it's had a huge run today So silver is acting relatively bullish compared to gold Gold's trading at 1769 We just missed a 382 retracement in that at 1778.50 We got to 1777 And then it reversed it, missed it by a dollar But gold is not acting that bullish It really isn't Whereas silver is actually holding up relatively well So each one of them is a little different So we've got to remember that as we're going through this Each one of them is a little bit different Okay, someone else has a question about Mr. Tesla Just a second here, we haven't seen Tesla Since it was about 810 or whatever it was I forget what it was And here we are at 833 And we is still running to the store Hold on one second here This thing's remained bullish, folks It's just never backed off And just give me one second to get this out of the way here So we can see it It just keeps kidneys go higher We're almost at the 78% level now That is coming in next I'll get this up here to see where we are That comes in at 7 Excuse me, 844 We're at 834 right now And that's the 78% retracement of the high That we made way back here at $900 And there's no holding it back right now Because we had the ABCD pattern We backed off just about $20 or $30 And we just keep tending to go higher But this is part of the fact that the emotionalism In the market is getting everybody to come in buying And that's not unusual too During these times when everybody thinks things have changed You see all these containers that are out there And you hear stories about it and everything And there are a lot of containers But if you look at the footage on the TV That you're watching All that is file footage It's the same stuff Yes, there are a lot of ships out there There's no question There is a problem But believe me, if you wave your wand You could get that fixed in a minute To tell the truckers Get your butts back to work And get the trucks there It's that simple If this were World War Believe me, those guys would be out Working day and night to do that And they could get it quickly enough Here in Tucson, we have zero Zero problems with any types of materials at all Nothing, all the vegetables Gasoline, everything is coming through fine I know that there are other parts of the country We hear in the news They're having a really bad problem A lot of problems in the UK With getting gasoline and cheese And eggs and stuff like that But we're not seeing that here In the Pueblo of Tucson, Arizona I don't know how it is Those of you that are in the den Just drop in Tell us if you're seeing trouble with supplies But that's not happening in Arizona All over Arizona, everything is okay But I don't know what's going on In the rest of the part of the country We'll take a survey here in the Tiger Den To see if anybody has If you have a problem, put a problem up If you don't have a problem Then say everything is okay Whatever you want to think And we'll see what is happening Ruby's saying be careful In English and Spanish Yes, Keck, I'm very, very, very aware of that As a matter of fact, the reason why I mentioned Quidado is dangerous Because Eddie Horowitz's wedding anniversary Is coming up here on the 18th of October 1987 They got married Sunday And I have to call him to remind him He doesn't need it But he was married the Sunday before the crash And he was a big Jewish wedding At the Bellaire Country Club And as a tradition, you pick up the groom On a chair and hold him up in the air And he toasted to everybody Says the stock market's going to get hit Really bad tomorrow And everybody always remembered that And of course it was down Five hundred and sixty-some points that day It's starting from a base of 2700 Which was down about 16% in one day You can figure out how much 16% Out of a stock market that's trading at 35,000 Would be now, folks That would be a little over 8,000 points in one day And that would be what we call a correction And remember, the 20th of October 1987 Was the best opportunity to buy during the 1980s Because the low of that day was 61% retracement Of the low of August the 9th of 1982 And from there, it's continued to go higher And it's continuing to go higher How much higher? We don't know We'll have to wait and see We've got a break coming up here 877-927-6648 Remember, I posted the thing For the webinar by Dr. Richard Smith For the foundation for the study of cycles Also, Shane Smolion has a webinar Tomorrow at 1pm Eastern time If you'd like to see that Both of those are free Good information And it's always good to increase your Gray matter between those two major cycles Of your left ear and the right ear We'll be right back, boys and girls Sharpening your skills as an investor Is like getting better At playing a musical instrument You have to practice, sure But you also need excellent instruction From experts At TFNN, you'll get advice and guidance From the authority in technical market analysis And it's not just dry, tedious text either TFNN airs live financial content Streamed live on TFNN.com And TFNN's YouTube channel With Tiger TV Live every market day From 8.30am to 4pm Eastern Each host is an experienced trader And gives their take on the market While taking calls and questions live From around the world From the moment the market opens Until the closing bell sounds Tiger TV has 8 different shows With expert hosts to help you Make the right moves with your money Watch online at TFNN.com Or on TFNN's YouTube channel And become the investor you were born to be TFNN Educating investors You might think that if you want to be successful At trading in the stock market You're going to need a crystal ball After all, it's impossible to predict the future, right? Like any endeavor in life Before you decide it's impossible Get some advice from the experts You might find that it's not so impossible after all For daily market overviews That give you direction on the key indices Selective stocks and commodities Subscribe to the opening call newsletter At TFNN.com The opening call newsletter is written by Basil Chapman Creator of the trading methodology known as The Chapman Wave The Chapman Wave up-down sequence Gives you an edge in identifying price turns Finding the peaks and valleys in stock prices Get the opening call newsletter by Basil Chapman In your inbox every day First-time subscribers also get a 30-day Money-back guarantee If you're not satisfied, let us know And you'll get a full refund within 30 days Of signing up TFNN.com Educating investors Are you looking for a secured investment Which pays you on a monthly basis? The Tiger First Mortgage Program may be the program for you The best rate on a five-year CD in the country right now According to bankrate.com is paying 1% per year A $1,000 per a $100,000 invested The Tiger First Mortgage Program pays 7% per year Paid monthly on secured, high-value Buildable properties in St. Petersburg, Florida The investment is for four years 7% per year A $7,000 per a $100,000 invested Your investment is secured by High-value real estate in St. Petersburg, Florida Your investment can be anywhere from $100,000 to $500,000 You want to make $1,000 per year On a $100,000 invested A $7,000 per year On a secured Tiger First Mortgage The Tiger First Mortgage Program may be Just the program for you The Tiger First Mortgage Program pays 7% per year Paid monthly For more information You can call 877-518-9190 That's 877-518-9190 Okay, folks, I posted a chart of the S&P 500 with the ABCD patterns And the ratios and stuff That's similar to what we just saw Earlier in the day on the Dow Jones I'll repost that because I think They're important enough to Pay close attention to Here's the second one on the Dow Jones I did not update the one on the Nasdaq I'll do that over the weekend For the newsletter Remember, folks, the dollar index I believe has made a high So you want to try to pick out The currency that you want to Go against the US dollar on Whether it's the yen or the US dollar Versus the British pound or the euro So pick out one We happen to pick the euro But anyway, if you pay attention To the newsletter this week It's going to be very, very informative As it usually is But it's such a critical time here now Especially with this huge ABCD pattern here Because folks, if we get very much stronger If we start getting about 4480 In the S&P, we could literally make a new high In the stock market I would be very surprised But believe me, I'm surprised a lot So anyway, I focus on how much it's Risk to see whether it's going to get there or not But that's what the charts are telling me We get this major ABCD coming in here And you can hear the euphoria on Bloomberg And also CNBC today It's almost like Halloween has come a little bit early And of course Halloween has a trick And it also has a treat Because any market that can go up 700 points Can go down 700 points You've got to remember that That's all part of the process of what we have here So yes, I do have You know, Bo, you make that funny But when I was at Drexel They kept a file of my resignation letters There were five or six of them in there Over the six and a half years I worked there I quit I think six or seven times Where I would get so upset with myself On a trade or something that happened I would just give my resignation And they would take it and put it into a file And so it was a sort of a standing joke So I don't have anything else to do, folks I don't like to play golf They don't play poker this early in the morning So you're stuck with me no matter what happens So we'll see what happens Anyway, that's really what we're looking at here We'll see you all on Monday, folks May God bless