 Welcome folks, this is Tom O'Brien of TFNN. We have 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, what if you think about, you bring about whatever you focus on grows. Hope everyone's having a great day, safe day. Let's make it a night, great night, folks. Always do your best, but don't overdo. When you overdo, you can deplete your body and you go against yourself and it will take longer to accomplish your goal. Now, what happened, folks, unfortunately, is our man, Mr. Bud Rolfs, passed away on 9-11. So what I'd love you to do, all your tigers and tigers, is you know, your new bud, I'm putting this up here. There's a couple different ways. Bud's getting wake this afternoon. If you happen to be up in New Hampshire, you know, five to seven tonight. If you Google Walter Rolfs, Nashville, New Hampshire, and then he's getting buried in New York, okay? But bottom line is that if you can go over to Bud, Bud's family, leave a couple, you know, I'm gonna get a lot of emails from a lot of your tigers and tigers, and I really do appreciate them. But you can go right on this site. And they're not, the bottom line, we're not talking flowers because he wants, he died by the way of blood leukemia. That's how this thing took him down. But please check it out. Go leave a couple memories, you know, and his, you can see this in his write up. I mean, you talk about the tiger, where is this? I mean, this guy was, you know, a West Point graduate and you know, the bottom line is that, there it is, right? They had TFNN, he hosted a radio broadcast and stock and financial show. And you know, we all know Bud was just amazing. So please go over there. All you tigers and tigers and, you know, bottom line, leave whatever you'd like to leave. Mug it wise, let's take a look at it out here. We have the Dow Industries right now, trading down 79, Nasdaq up 33, S&P's a flat. Gold, gold contract down $12.70 traded 17.04 an ounce. You get silver up two cents, $19.52 an ounce. Light sweet crew down a buck. $88.34 a barrel, notes and bonds. Attendee note, down one tick, the 30 year flat. And we're talking about 114, 29 on the 10 and 131, 28 on the 30. And King dollar, King dollar right now is trading out of the price point. Down 124, at 109, 684. The euro is at 99, the yen is at 143 and the British pound is at 114 to one US dollar. iPhone number's 877, 9276648, give us a call folks. Want to know what's going on in your world and in the world of the S&Ps, let's take a look at them, what do you have? Well, the bottom line is that you had the market blow out to the downside yesterday, you had volume behind the move. I suspect we're gonna see here is that there's gonna be an ABC down. That's my take on this. And you can see, so the first day is definitely harder folks to get the aspect of where does this market wanna go? But when you come down so high, and now this happens when you go up so high too, okay? The amount of energy that took to do that takes everything out of the marketplace. You can see we did volume of 122 million on the way down. So today you get light volume, which is expected by the way, it's expected that you're not gonna go anywhere. Now, if this market was going to basically turn, I mean turn top side, the best thing that it could have done is slam right into the B point and go after the lows. Right away. But when it doesn't do that, what happens is that it allows itself to build cause to get strong again to basically, you know, to smoke it again. That's what it comes down to. And that's what we're set up right now. You know, that's in your spy. If we go into the NDX 100, we look at the NDX 100, it's the same type of setup. You come down hard and fast. NDX is weaker than a spy. We came down, you had 79 million shares. Your B point on this only has 57 million shares. Today you're doing 42. So the bottom line is that, I suspect you're gonna get an ABC down number one and we'll see how that handles the low that was established out here on the 16th of June. You know, the, so, and this is gonna be about King dollar again. You know, King dollar yesterday folks, we don't have volumes on King dollar, but what we did have on King dollar is this. Is that King dollar, that is why price spread in an incredible way. You know, we went from 107, 68 to 110. Okay, so you're talking about, you know, 1000 ticks is a penny folks. That's how this thing works. Okay, so it's two and a half pennies against, this looks to me like gonna be an ABC structure up. And if you get an ABC structure up, well, yeah, let's bring this back further. Because if 121 is game in the dollar, which I should expect it is, there's gonna be more problems here, man. And you know, I don't expect the Fed is gonna budge. I expect what we're gonna see off the Fed is that you're gonna, they can see this when we, there's just the next swing, for the next swing point, man. You know, bottom line, we go from swing point to swing point, the next swing point is 120.50. And that was when I was testing the 121, 121.030. So it looks to me like that's where we're going. And if that's where we're going, you are gonna see more destruction here. This is like the pause in between. You get the down draft, you get the pause, people get used to it, get used to it, then all of a sudden, you know, and if we go over to the Fed, what you're gonna see the next meeting on the Fed is this, I think it's the 21st I said, right? Let me see. So it's the 21st, okay? So the bottom line is that, you know, I suspect what we're gonna see here is this. 75 basis points to 21st, 75 November 2nd, 75 on the 14th, and then what that's going to do, you can see the Fed fund rate right now is 2.25 to 2.5. Well, if we get that, that's gonna basically get us at the basically 4.75 on the Fed funds rate. And that's where I expect it to go in. And then what you're going to see, like, you know, it seems that inflation just doesn't go away. The way this works, they'll push it to that level and they'll keep it at that level for probably, who knows, year, year and a half, okay? Because the squeeze, the squeeze, the only way you can get rid of inflation, folks, is get rid of demand. The only way you can get rid of demand is have people lose their jobs. I mean, they're not facing it, but that's the reality, man. That's how it works. Dao, Dao Industries, Dao 128, and as like up 13, that's a piece of 8.5. Stay right there, folks. Come right back.