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I know you don't believe markets repeat, but they do. So the next one I'm going to show you is what we are expecting for today. And let's get this up here one second. There we go. Hold on. Alrighty. Okay, there was our low yesterday. There was our high today, exactly 61% of the 382 that we did right back here. These moves, folks, are exactly equal. That's equal and that is equal, high of the day, exactly, okay? So we are expecting, and the market is trading down now here, folks. It didn't go up. Did it? I mean, everybody was excited about it yesterday. Up in here, my God, you couldn't get anybody to sell it, but look what's happened today. Now we're coming all the way down. I think we're down to 3,600 or 3,609, something like that. We went way below the, so this is 3,507, so it's probably down in here. I don't know where it is, but it doesn't look very good. That's the way it looks. Anyway, that's my two cents worth, and I'm sticking to it. Okay, our guests today will be Stan Harley. And then, of course, on Monday we're going to have Bill Meridian doing a review of what he's been looking at for quite some time. And I wanted to bring to your attention something that was shared last, a few days ago. I didn't say very much about it or anything, but I wanted to bring it up to you to show you what it was. This was from a gentleman that Peter Eliadis told us about when we were doing, I'm going to post his chart for you and talk about it a little bit, because I went to the professionals that I talked to whenever I have a question. And this is basically showing the three years, 1929, 1987, and today, and he was showing the similarities of these cycles with the Om Kapoor. The problem is, folks, the chart that he's looking at here, they're daily charts, okay? But you've got to remember here, on this day right here, in October 16th, on that Friday, that was one day right here, okay? And that's a big discrepancy here. That was definitely a crash. The market was down 16%. This market here, from here to here, it dropped about 50% and made a bottom on November the 11th of 1929 and then rallied for four months up into guess where, folks, April Fool's Day, and that was almost an exact 61% retracement. It was 59.9. And from there, folks, it gave back everything. The high and the down had been 383. The low came in July 8th. Thank you very much, Mr. Chapman. July 8th of 19, I hope it was July 8th, yeah, July, oh, I probably screwed that up. Basil, let me know if I get it wrong every time. July 8th, 1932, at the price of 41-something in the Dow Jones. And from 41-something is where I issued the buy signal. And by signal, we got out at the $30,000 and oh, wait, I wasn't born in 1929, was I? Well, I can't use that one. Anyway, I checked this with Tim Bost and a couple other people that I really respect and they said, yeah, there's some similarities, but then not so much. But, folks, stop and think where you're going to be here. Just give me a second here to see if it's going to, well, it just doesn't have a whole lot of action going on right now. My limits are, oh, I see what's going on. Sorry, folks, sorry, folks. Anyway, that's what we're looking at here today. I've got to do one other thing here for just a second and then I have to be very, very careful in here just a second here. I want to make sure I post the right charts. But we're going to see, basically he's saying there's going to be a crash on Monday or Tuesday, I think that's the day. And, folks, the way it's acting, if that market closes anywhere near the lows of where we are now or even lower, how would you feel buying that thing yesterday on the big run up and then you come in and then it's way down? Well, what goes up can come down and if it comes down that quickly and with this low that we're looking at for the 21st, 22nd or 23rd of October, that's not going to be a very good chart. So let's remind ourselves of that, okay? I think it's important that we actually do that. It's just extremely important. From my perspective, anyway, I'm just looking at it from a technician, because that's all I know. I only know one thing and I try to do that right the best I can. But sometimes you don't always get that chance. The other one, folks, is the Treasury bonds. I mean, I can't believe that the Treasury bonds today went up and made the most amazing things that have happened in the last couple of days here, last 36 hours of trading. This, to me, has got to be the most amazing. We made a 382 retracement right before Fedtime at 212925. The high was 12927. And from there when it came out, we had a stop setting in there, two ticks above there, and we had closed right before the report at 12520. And the market from there went all the way down to 122, and it dropped three points, and then rallied today, folks, and took out that high by two pips. It went to 12930, I believe, or 12530, and then dropped another two-and-a-half points. We've been saying for a long time that there is something wrong in the bond market. There's a swan out there, folks. In fact, I think there's a flak of swans out there. I don't know what's going to happen, but you can see how jittery the markets are. Yesterday, a short covering rally occurred, and you couldn't get a dip to even buy it. Everything was higher, higher, higher, higher. Today, you can't get anybody to sell it. So I hope that makes a little bit of sense to you, but we've been saying for a long time, and I'll stick with this prediction, and I'll get it up here so everybody can see it, and that is our ES weekly chart, and I will get it right up here for just a second here, and you'll be able to see it. If you have any questions, 877-927-6648. Okay, now I've had a question about Apple. One of our listeners from over in Denmark asked a question about Apple, and we try to answer all the questions that we can, and I'm going to bring Apple up here right now, and his questions was about harmonic numbers. Harmonic numbers is a factor that I learned from Mr. Jim 20-man. When we were building the neural net program with Dennis Reagan, we kept noticing on the swings of all the things we were testing. Mainly it was the British pound and the Euro, and the S&P 500 on the 10, and also Treasury bonds. And guess what, I'm going to pay a few bills here for TF&N, and we'll be right back. Time of booming inflation, we are purchasing powers eroded. There's no better place to protect your harder and money than in gold. This, the gold flagship asset is the Monk Todd Gold Project in the Northern Territory of Australia. This is Australia's largest undeveloped gold project. We are talking a world-class gold project in a tail-one mining district. This is a large-scale, low-cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction. This, the gold just completed the Monk Todd feasibility study, which resulted in a 7 million-ounce gold reserve in a 16-year mine life. All of this combined with the approvals of all major operational as well as environmental permits. This distinguishes Monk Todd as an attractive, devious pot, ready-development stage gold project. Mr. Gold trades on the New York Stock Exchange under the symbol VGZ. Steve Rhodes started his trading career as a student almost 20 years ago, and the student has now become the master. Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019, finishing it number two for the year. An amazing accomplishment. Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn, and he shares his vast amount of trading knowledge every day in his Mastering Probability newsletter. Steve's award-winning newsletter, Mastering Probability, is delivered every trading day with updates throughout the afternoon. Sign up for Steve's Market newsletter, Mastering Probability, and you'll receive access to seven of Steve's educational webinars absolutely free. At TFNN, all our newsletters come with a 30-day money-back guarantee, so you have absolutely nothing to worry about. Visit TFNN.com and try Mastering Probability 30 days risk-free today. TFNN, Educating Investors. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights, is published every morning when the market's open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights, today and try all of our products and newsletters 30 days risk-free with our money back guarantee at TFNN.com. TFNN, Educating Investors. Toll free at 1-877-927-6648 internationally at 727-873-7618. Okay, folks, I posted the chart of Apple and the gentleman asked, why are these patterns so similar? The fact that they go up like this, up like this, up like this, up like this. These are harmonic numbers. Every stock or commodity or foreign currency, commodity to make an difference, they all have their own harmonic number. That's a number that appears over and over again. Look on the upside. I didn't draw them in on the upside, but you can see the harmonic numbers here. Harmonic numbers are a byproduct of AB equals CD. And so when you start to see those, harmonic numbers have one really, really important advantage. When you go beyond a harmonic number, there's something has really significantly happened, whether on the upside or on the downside. The reason why today is so important in the S&P is that the low we made yesterday at 3507 was one standard deviation. And we rallied 100 in what, 68 points or something? We're down 100 points right now. I forget how much, 200 points. No, I don't remember. Yeah, it was 200. 3507 to 3727, which was a 61% retracement of the high we made eight days ago. So that's how these numbers fit together. They were found using the MIPS computer. MIPS stands for millions of integers per second. And it would spit out the things that were, you know, what do you call them, lined up correctly. So just move, that's all I wanted to talk about Apple. I hope that answers a question. It's talked about a little bit in some of the books. I wrote a book, Harmonic Vibration, and tells you more about it, but that's not important. Here's what's important, folks. Let me talk about open interest for just a second. We had this monster move yesterday. It was in news everywhere, even on the sports channels, they were talking about it. Look what open interest did, folks. There's the S&P open interest you see right here with 2.5 million contracts and open interest increase of 28,000. That's like putting sugar in tea, that's how small it is. And you can see here that some of these are even smaller. So that was mostly either a few buyers coming in, but a lot of it had to be short covering. But there were some buyers coming in. And that's the main thing that you wanna look at. That happened to be, the two that I showed you there, I wanna show you, you'll see the first one was the equities. They were up 28,000 out of 4.6 million. And of course, now you can see the interest rates, why it's so important, 32 million, folks. That's eight times what the S&P is. And the open interest was 23,000 increased by less than 1%, and now anybody that bought that rally or sold it, they're probably sitting there losing. That's basically how it works. I'm not sure it's gonna keep working like that, but hold on, folks, they're telling me to pay attention again. So I've gotta keep paying attention. I've got a position on that is actually doing okay. Folks, this is one of the few times that I do the show where I'm really exhausted. I didn't even wanna trade today. But when I came in and saw exactly what I was thinking was gonna happen, I said, well, I gotta do something. So the bonds went to the exact number. The S&P went to the exact number. So I said, well, you gotta stick with it, what little it is, and then you go from there. And you'll see if it's going to work or whether it's not going to work. And that's what we're paying attention to right now. That's why I've got my limit-minders set up here because I think that there's a chance here that we're gonna look at something Monday when you're gonna come in. It's gonna be, and I'm just looking at the chart and I've been saying this for a long time, but when you got a market, remember the words of John Jameson, any market that give you fantastic gains can take it away. So that's a very, very important factor to remember. The market is setting at a very critical level because it was down one standard deviation, but the problem is, I know it's only backed off not even 61%, but by golly, it should have had some follow through because it was in the news and people were talking about it quite a bit. So I think it's extremely important to do that. There's one other one that's really interesting too. And that is the old, let's get this up here, the old British pound, God saved the king and made it, he lived forever. As you can see, oh dear, I hope the pound trade didn't show, did it? I'm gonna have to do it again, hold on a second, sorry folks, I don't know whether, oh here, I forgot to hit the live button. I'm really tired. These last two days have been a real bear for me. Oh, real bear, that's a Freudian slip. We've got a caller trying to save my bacon. And speaking of bacon, we got Mr. Z in the filly. How are you, John? Larry, I'm doing very well. I'm not on any meditation, I'm just tired. I'm not on any meditation, I'm just tired, my friend. It's been a real bear for you, right? Oh well. I think they haven't seen a bear yet. What they did yesterday, they poked him in the eye and now he's angry. They did poke him in the eye, incredibly, yes indeed. Larry, first and foremost, thank you for yesterday on your show at, well, a couple of reasons actually. Tom Hougarts, that's, I must confess, every time I listen to Tom speak, he articulates so well, so many things that percolate through my mind. I won't say I've got anywhere near the skill he has, but some of the thoughts that he just articulates are thoughts that rattle around in my head and it's so nice, so helpful to hear him just lay those out such that you can just listen to him and examine it. So thank you for having him on and he is just one terrific guy. There's no doubt about it. He's a stand-up guy, he really likes to help people, but boy, let me tell you, that dude paid the price. Good luck, people, can you stay on for the next segment we got staying on? Tell us what you need, my friend. So what can I help you with? Anyway, you laid out the conditions that would, to look for, to put on a potential short sale on the E-mini SMPs, if that rally extended, of course, which it did and now we've turned lower. Question, Larry, if you're short, and I know you are and I am as well, under what can, not what conditions, at what price level, if broken, would you actually press the short side, adding to the short side on weakness? If we close below the 786 number of what we did yesterday, I would definitely press it there. Yeah, and that number would just, for your listeners' benefits, that number is 3552 on the E-mini SMPs. Yeah, we close below there. We're 60 points above that right now. Yeah, if we close badly, like there's a possibility we could, then you're looking at something that could be, you know, a little bit startling. John, you know, you're looking at your quote board, and I'm looking at mine, you can't find anything green, except the stuff in your wallet. You know what I mean? So I mean, this thing is looking to bearish every day. Yes. Even the grains. Well, thanks so much. We look forward to listening to your guests. Buddy, I appreciate it. Keep the faith. Thanks, John. Very good, bye now. You bet. Folks, you just heard one of the best traders I've ever met, and I'm, you know, he's in the class of Tom. Well, Tom is all by himself, but he's in the class of Nameless Hostetter. And also, ouch, ouch, ouch, ouch. Can't remember his name in the book. It's right, Super Jack. Wow, this is terrible. If you want to take advantage of this sector, now is the time to subscribe to my gold report. The gold report is a comprehensive look at the metal sector, as well as the markets that move gold, which is the currency and bond markets. News subscribers get a 30 day money back guarantee, so you have nothing to lose. Every Monday morning, I publish the gold report with coverage of gold, silver, bonds, DXAU, HUI, GDX, as well as more than 30 different mining equities. To sift yourself, the types of profitable trades that are recommended within the gold report, sign up now by visiting TFNN.com. Don't miss out on the next great gold trade. Sign up today. TFNN is excited about our new software charting program, the art of timing the trade charts. In collaboration with Tom O'Brien and using his best-selling book, The Art of Timing the Trade, Your Ultimate Trading Mastery System, David White has programmed an outstanding piece of software that will complement any trader's methodology. Using this first of its kind program, The Art of Timing the Trade Charts allows you to scan thousands of stocks for Fibonacci formation setups, including guardleafs, ABCs, butterflies, and much more. The Art of Timing the Trade Charts is designed to help you when scouring the markets for stocks, just beginning to form the trading patterns that many investors spend days, weeks, or even months surging to find. 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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. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of TFNN.com. Okay, folks, we're back and we have on the line Mr. Stan Harley of the Harley Stock Market Letter. Stan, how are you doing? Hello, Larry, I'm doing awesome. I'll bet you are. What did you think of that rally yesterday, Stan? It was probably not what the public expected. Of course, the CPI data came out worse than expected and the market rallied. I've got some charts that I thought I'd share with the viewers today, maybe give a little insight into what I think might be going on here. Okay, we've got the monthly low Dow Jones industrial average to the present, the long-term one, 242 month. Yes, that's our first chart here today. The market has had a tendency, Larry, to make cycle lows about every 242 months. Going back, oh my gosh, 80, 90 years. We made a low in April, 1942. We made a low in June of 62, then August of 82, October, 2002. And if the pattern continues, I underscore if, if the pattern continues, it would suggest we should be looking at December, 2022. Plus or minus for the next low in this series. Now, what's interesting is the standard deviation on this cycle has been zero. That's very unusual. Will it continue? Well, I don't know, but right now the evidence is what I would call very compelling. Wow, it certainly is. I'll get the second chart up here. This is the SPX and we'll bring it right up. This is the weekly chart of the SAP 500 index. And what's interesting is the market yesterday pulled back and tagged the underside of the 200 day moving average. And right now as we speak, it's kind of sitting right on it. The last two times it did this, March of 2020, December of 2018, the 200 week MA was supportive with a modicum amount of overthrow. So will it this time? Well, so far it has proven to be so, but I don't think the bear is done yet. But I think in the near term though, we're probably gonna see some continued buoyancy. Okay. Now, we have a question for one of our listeners. What is your ultimate price objective for the S&P 500 on this run? I am guessing, this is just a very, very best guess that the S&P essentially holds right in this area. I think we're gonna have a lower low, which I go into in a couple more slides in December. Coincident with that 242 month cycle we just addressed. And my guess is the Dow goes lower and we get some kind of a diversion structure similar to 1974. 1974, the market is measured by the S&P 500 at the bottom in October. And then two months later in December, we got a slightly lower low in the Dow Jones industrials, but not the S&P. And the December low was the Orthodox cycle bottom. And from that point, the market moved higher. And I'm thinking we might get a similar type pattern this time around. That is to say, the S&P may have seen its low, which could hold for a number of months, but the Dow makes a lower low in December. Okay, that's pretty good. One other question that someone's asked, do you see a crash scenario sometime in October or November? No, I don't see a crash, no. Okay. An orderly pullback to be sure, but a crash? No, before the VIX gets zooming up into major double-digit territory a la 1987. No, I don't envision anything like that. I don't see that developing. Okay, people complain about it. I said that the crash of 1987 was the best buying opportunity of all of 1980s. People didn't realize that, but it was. I mean, I remember that day there were only 13 issues out of 1600 of the New York Stock Exchange that were up on that day. Well, in a bull market advance, the dips are to be bought, but when the bull market transitions, that operable by the dips mentality needs to be shaken, not stirred, so to speak. No longer operative. And I think we're in an environment like that. I think beginning with the January highs of this year, somewhat akin to the January 73 highs, the market basically a thousand on the Dow industrial, throughout the 1960s, 1970s and early 80s, was a ceiling for the overall market. Yes, it was. It spanned about 20 years. I think we have entered a similar environment where the great grandiose bull market advance has hit a secular peak that happened in January this year. And we're looking at, I'm using 20 years, I don't know the number, but a long period of time of sideways structure, somewhat similar to what we saw for the 20 year period that began about 1962. Well, that's very interesting. Now, by the way, before we get to the next slide, you had a really nice compliment from one of our speakers, Peter Lides. He said he thought your work was really some of the best. So I think that was good. Cause I know you, we all started with the same book with by Hearst, you know, but you know, he was very complimentary of you. And he's a pretty standup guy too. So by golly, that's a feather with your cap. Yeah, he sure is. And I don't take that lightly. That's very, very kind of him to say that. And I would speak equally favorably of his work as well. You know, he and you and I were on television in the Southern California area back for many years. He was on FNN Financial News Network. So was I. Fun times. Do you remember Gene? Gene, what was Gene's last name? Gene Morgan, yeah. What was trading the market? Was that it? Yes. Yeah, trading the market. He would come on at one o'clock every day for his... Charting the market. Charting the market. Yeah, charting the market. He would come on and I knew Gene very well because Byron and I said, oh, I shouldn't be telling you this. We want to talk about you. This is more important. Hold on just a second. The one bad part about getting old Stan and I don't feel old. I just am old. That the only thing that you can really rely on is your wonderful memories. And boy, I'll tell you that. I thank God for that, you know? I have to tell that story about Gene Morgan because we got time here. But, well, of course we got a minute break coming up but he was setting up a hedge fund for... It was not a hedge fund. It was a commodity trading fund for the S&P 500 in 1980, was it 84? Byron and I were both on the floor. Byron had come out to visit me and since we were floor traders, he wanted input. So he said, you need to have a track record. So we traded the thing for three months and did pretty good. And when it came time to sign all the papers or something, we weren't included. But that was okay. We didn't want to work on it for a very long anyway but when we went to dinner with him, he was very strange because he was right handed and he was putting his left hand behind his back where you set and then he would push his back in. So he basically looked like he had one arm and he cut everything with his fork and we asked him about it. And he said, that's a habit I learned in the Army. And then I found out later he was never in the Army. You know, so it was strange. Anyway, we got a break to pay... Stan, I've been up, I think I have four hours sleep in the last two nights and I am literally exhausted. So please bear with me, okay buddy? But we will have a break here in a minute. I hope. Well, until the music comes on, perhaps we could go to the next chart, Larry. Yeah, let me do that just a second and I'll get it up here so we can see it. Well, here's the music so we rise it. Okay. Hey, thanks, pal. 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 and stock prices. Get the opening call newsletter by Basil Chapman and your inbox every day. 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The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Four Side Fund Services, LLC. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. Okay folks, we're talking with Stan Harley and he's got a chart up here of the S&P 500 and you wanna tell us what you're looking at my friend? Yes Larry, this is a chart that you and I have discussed on a number of occasions in the recent past and this is an update through today. What I have done is I have found that each of the pivotal turns since the January high in the stock market have has coincided with the major Fibonacci ratios. 0.146, 236, 382, 618 and so forth. And I put these into a spreadsheet and I've done what's called a regression analysis and taken the data and project it into the future. And the next significant Fibonacci ratio is the 0.854 function that is due right around election day and then the 1.00 function is due right at the last day of the year. So what this is telling me, it's suggesting the potential or some type of a reversal right around election day could be a high, could be a low and another reversal right around the last day of the year. Which interestingly enough, you recall from the chart that we talked about earlier, that 242 month cycle suggesting a December low, I think the bear market low occurs the last week of December based on this and some other things that I'm tracking. Okay, we have a question from one of our listeners. Can you tell us today in the exact time please Oh wait, that guy was from Tucson, Arizona. Forget him. People always ask it, but if you can get close within a week on these things, you're doing pretty good. I'm thinking of Ed Hart. I know you knew him very well as did I but what a wonderful human being he was. My goodness, too bad that people can't see some of the people, John Bollinger was on that show. Insana who runs a hedge fund out, Bill Griffith CNBC and of course, Sue Herrera which started CNBC. People don't know this, but FNN was owned by Merrill Lynch and Glenn Neely, not Glenn Neely, Glenn Taylor. Glenn Taylor was going with Sue, they broke up and then they stopped FNN. Merrill Lynch stopped the funding and so she went back there and made a proposal to CNBC or CBS to make the show and they took it and that's what started the whole thing and she's done very well. She's really a beautiful girl, what a wonderful heart she has and she raises dogs, she's no kids but she's married to a really nice special, I think he's an internal medicine specialist but tell us, do you have any special memories from the old FNN show that you'd care to share with us? One anchor that I thought was just exceptional was Richard Saxton. Yes, yes. He and his family were engrossed in Southern California and the children were in high school and thought long and hard about it but decided not to make the move to New York. So he stayed in LA but just a tremendous news anchor from the financial field. Did he stay in the business? You know, I haven't kept in touch with him so I'm really not sure where his career took him but just a fine, fine, gentle all around. Yeah, there's only a few of us left, you and I and Peter and Arch Crawford was on that show and... I'm glad you included the two of us. Yeah, well, you know, I'm about 10 years older than you but I thank God I got this business because I don't know what I'd do if I had to get up in the morning. You know, I master, I don't know if you know this or not but I mastered golf on my very first hold that I played and I figured out it's either, there's only two habits that I have in golf that are bad. Driving and putting the rest of it, I've mastered pretty well. I saw I would never play golf. I thought it was very, very sickly. Anyway, are you getting any sleep these days? Because boy, I certainly have with these last two days. It's really tough. Do we have time for a couple more charts? Yes, sir, I didn't have any more. I only had one. Oh, wow, I missed a whole bunch of them here. How about the... Or we can go to my screen. Yes, go ahead, just bring him up, fire away. That'd be great. TFNN can switch over to me. Can I hang up and leave and you take the whole show from now on? No, go ahead, we'll stay with you for the whole. Thank you, Stan, for putting up with me today, buddy. Go ahead. The next chart here, Larry, is the New York Composite Index, which I don't know why, but most analysts don't follow the NYA, the New York Comp. And it is the broadest measure of activity on the New York Stock Exchange and probably the best measure. Most of us follow the S&P. But the better measure really is the New York Composite Index. Well, what I've done here with my cycle tool is each of these lines are equally spaced and they're spaced at 47 trading days. And notice how well they line up with each of the highs in the stock market. I mean, just within a couple of days. 47, of course, is one of those standout Lucas numbers that I often speak with you about. So the Lucas number 47 is the defining number for now in the high-to-high sequence that we see in the stock market. And there was another one coming here in a few days and there's another one due at the end of the year. Well, Stan, a couple of slides ago, you said a low is due at the end of the year, but this chart suggests a high is due at the same time. Well, maybe it inverts. Yep, that does happen, yeah? We'll see. But perhaps the better takeaway here is we're getting what appears to be important trend changes at 47 trading day plus or minus trading day intervals in the stock market. And that has just been a very, very pristine rhythm on the chart for the New York Composite and the S&P and the Dow and the NASDAQ. Wow, that's really good stuff. Did you have another one? Just a little down to a shorter timeframe, which I've done here in this next chart. The high over on the left occurred on June the 2nd and each one of these lines in my tool are spaced at 18 trading days, 18, of course, another Lucas number, and look how well 18 trading days crest to crest, they've defined all of the highs since June the 2nd. Wow, the next one is due right at the end of this month and so on, one later in November and one in December, that pattern too has been quite regular in its recurrence and defining market highs on the charts, on the daily charts for the stock market. Wow, it's just really good stuff. I'll tell you, when I look at these, I saw all the work that you put in on these things is just really spectacular and you do a great job. How many years now you've been doing the hourly letter? 35 or something? Oh, just one or two, Larry. Yeah, right. I took your course. Yeah. It was at least 30 years, isn't it? Professionally 30, and then myself, I've been involved with the markets since the early 80s for about 40 years, 40, 40. Do you like living back east as opposed to the West Coast? Spent most of my adult career in the Southwest. Went to high school, college in Texas and moved to California with the Navy and aerospace and the markets. But now in New Jersey, love it. Four seasons is beautiful. Listen, buddy, we're gonna have you on again soon and thank you so much for putting up with me today. I'll get some sleep the next time we do this, okay? Thanks, Stan. I love you, buddy. Keep the faith. I look forward to seeing you in December, okay? Put it on your book. Well, do it. Okay, we'll be right back, folks. Vista Gold owns and operates the largest undeveloped gold project in Australia, the Mount Todd Gold Project. 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Don't forget, you can listen to tfnn live on your mobile device 24 hours per day. Go to tfnn.com and hit Watch Tiger TV. That's tfnn.com and hit Watch Tiger TV. Okay, folks, I'm gonna show you a pattern here. This is John Hills Yum Yum. John was my tutor, tutor. I met him in 1970 in San Francisco when we were with the Hearst Prophet Magic Convention. And I learned this through many, many years. So he's 97 now and hasn't been with us for a while, but he's healthy and he does okay. He put a chart in front of him, Ed Dobson said, he said he's like 16, but he doesn't remember anybody, not even his family. But you'll see, here's a Yum Yum. You see, when you retrace more than 70%, there's actually 80%, when you retrace 80% of this right here, John says you got him trapped. And you can see right there when you break through the 78% level, look at this, how it exploded to the upside. Remember that, folks. Also on the left side here, this is just a nice beautiful little 135 pattern down here that took just a little over two hours to finish. It was around 9.30, 10 o'clock. Well, maybe pretty close to 10. And then when we started taking out the highs of this area right here, we took off. We stopped here for just a second and then boom, look, there's no back offs here. There's one tiny little back off and after that it went up. And when you start seeing that and you start seeing new highs and you have a really bearish news which was really bearish. That's what put it down 600 points. And now you are 400 points. And now you turn around and you made it all back. They've taken bad news and spit it out in their face while they're wiping the spit off today. But that's what you got to remember when you're doing that, folks. That's in John Hill's book. He's got written several books right here in front of me, Timing the Market. And gosh, I really, I owe the guy so much. He was such a good guy. We've been friends for a long time. Anyway, he's had left a great family and that's enough of that. Listen, folks, I will not do a show again that the way I feel today because I am just overtired and I wanted to tell you about what's happening because the market close is really bad today for God's sakes, don't be long. I've only been saying that for five weeks and one of these weeks I'll probably be right. I love you guys and I hope to see you soon with every day and an attitude of gratitude and may God bless.