 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 Larry Pezzavento Okay, looking good Billy Ray feeling good Lewis We're going to take a look at the German Dax and the footsie as you can see I've posted those in Compliments of our friend as over in the UK London to be exact You'll notice here, especially that Dax chart. You'll notice it's with that yellow box up there folks That's a lot of distribution And you'll notice here that almost everybody that's bought in that box is going to have a loss if it gets a little bit lower And that could bring a little bit of fair into the market. We might even get a two-day sell-off in something I'm not making any predictions not making any promises, but there's a possibility we could do that Now I do want to share a chart with you with one of the smartest dudes. I know in this business Happened to meet him about 18 years ago. He's over in the UK and I've posted some of his charts before But I do want to bring this one up to you and show you that This is what he's looking at right now. He believes he was looking for a top to come in at 47 42 On that this is what he posted a long time ago if you'll remember He still thinks that the market will probably go a little bit higher sometime next year But this could also be it. He doesn't She just knows we're in for a pretty good correction and that correction come should come down to the area of about What he's looking at is around 3200 In the s&p. So that's where the top of that blue line comes in. I'll keep you up to date on this He is just a private trader. He does not manage money. He handles his own Family stuff. So that's the main thing that we want to be watching. Okay. Let's talk a little bit about our stock market here Oh, first of all, what we need to do is Get this up here so we can see it. If you remember yesterday we were talking about a few of the The fang stocks actually it was amazon and also facebook This is what we were looking at at facebook and I want you to see what happened yesterday because We did make I believe some type of a Support double bottom In the facebook we'll get this up here and you'll be able to see it easy enough And by the way, jojan aptly is our guest today at the half hour break You'll notice here that we did make a Lower loan that we made back on the We actually missed it by half a dollar And so that's a pretty good support down there in facebook We break below that and if we break below that Then you've got some serious problems going on the same thing here with amazon now Here's what I I really would like for you folks to take a look at this and do You know humor humor me and do the work yourself You see the little red the little red thunderbolt that says 34 12 Go down and see what the low was yesterday in amazon And I someone said it was right around that level I don't know whether it is or not. I do anything in this. I don't do much in the stock market So it's not important, but speaking of the stock market. Let's look yesterday is what's happened in the stock market First of all, we're going to take a look here at the dow Jones industrial average That's the one that's reported more than anything else You notice that after the high was made in this is a rumor a five minute chart So you see the abcd up there at 34,950. Okay, that was the abcd Beautiful abcd then the market breaks down. Okay, and then late in the afternoon You'll see it makes a retracement and look where it goes to folks 34,600 it rallies on 250 points to the exact 382 And then it goes down and completes the abcd pattern to the downside Well, if you've got an abcd pattern to this extent, you would be expecting a rally So that what we try to do is to anticipate what some of these things Might be doing and so what we'll do is we'll go in and we'll take the same format But what we have to do now is we've got to look at a 30 minute chart so we can get more information On the chart. So here's what we're going to show you you can see the abcd down there at that 33,900 that was the actual low folks of the big move You can see that big abcd right right. I mean you you can't make this up is right to the right number The number is 3494 the actual low was 3492. How close can you get and look what we've had so far today? We had a really nice abcd pattern complete now. It's jumping around now if we should get above 34,582 Then you've got a chance that this market could have a little bit more of a rally Remember now it's very oversold because we've been coming down since the 25th of ock november Okay, so we went down six days so we could easily get a two or three day rally So all i'm doing is following it day by day trying to find an entry point So they don't have to risk very much. Those of you that went with the 24 seven We had a sale in it last night at 30 Was at 3655 right at the 382 it dropped 50 handles And uh, then then the nasdaq today made a perfect I think I have the nasdaq went up here because it was so doggone spot on by golly. I have it Let's get up here. This was the one earlier this morning. We sent this out Very very early and you'll notice here that we did hit that exact number folks We hit that exact 382 retracement and we backed off. We did make new lows We've rallied a little bit then but it did hit the numbers You know right on the spot more if you think these algorithmic traders are not in there using these numbers Well, you ought to think about it because boy there they hit these things like rockets when they uh When they occur and when they're wrong and when they're wrong Then you've got to worry about it speaking of being wrong Let's take a look at what happened yesterday in the natural gas And what I do is when I have a losing trade it wasn't bad. It was 300 bucks But I wanted to see you know what I possibly did to the wrong side And I didn't I went I went over this I didn't do anything wrong. It was just a wrong trade. It was a market that was I was wrong markets are never wrong What is it was the same by jessie livermore? Markets are seldom wrong Men are often wrong. So this is the daily of the natural gas. Now. Look at this folks We've been coming down for two months. We topped on october the 5th Now here we are in the december the 2nd We went below the 71 percent retracement 78 percent retracement there at 4 3 1 4 that's where I was buying had to stop at 4 2 8 4 And I wanted to see why did it go lower? So what I do is I go to another time frame and then I wait for a pattern that I can see and understand and that happened Uh this morning around uh four o'clock in the morning. Let's get this up here Just as I was uh getting the chickens out But I wanted to bring this to your attention for two reasons because this is a a pattern We have to start looking at because if you'll remember here This is the yum yum trade. You see where the bottom is made down there Right at right right around three o'clock in the morning. Now. This is 30 minute chart Now you see the red bar going down and then you see the the green bar That's the yum yum bar that john john hill likes so much You got to get that really big move down and then once you exceed 79 or 80 percent of that red bar You go long that would have put you long at 4 20 and it went all the way up to uh 4 32 And it's still trading up around the 4 26 4 27 level. So that's how you enter that trade now We did the same thing in another market And that was hold on one second. I want to get it up here and if I have it. Oh, no, I don't have it Oh, I think we do. Let's get it up here right here. Here's what we're waiting for but we haven't got it This is what we're waiting for. All right. This is the same situation now And what we're going to look at now is we're going to look at silver And we're going to look at silver after the break 8 7 7 9 2 7 6 6 4 8 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? 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You were born to be tfnn educating investors Call now toll free at 1 877-927-6648 internationally at 727-873-7618 Okay, folks right back to take a look at silver silver has been down 13 days in row It's extremely oversold but it's hanging there right at the 78 percent level folks. It's not rallying So to me it looks like it's getting ready to go a little bit lower So that's all I can see the same thing in the gold. We've already went through that The gold had a beautiful short sale a couple days ago The profit objective on that comes in at 17 60. We're trading at 17 67 I believe right now and that is a 135 pattern on the gold pattern. Let's just talk about the treasury bonds for maria today This is what I was looking at yesterday. I put the fact this was yesterday's chart That I well no, I updated it. I'm very sorry. I did update it because we did complete the pattern we were looking at and that is the old ab equal cd the good part about this is folks we exceeded that high of the 28th of November and didn't go anywhere. We went a higher high by two ticks and it immediately broke 600 dollars So those are the kind we have nice setups So you don't have to risk a whole lot of money Especially when it goes up and cleans out all those stops and that's a huge market folks That's the second number of largest open interest. I believe after treasury notes are the treasury bonds So that's another one that looks really interesting now Let's get back to our favorite little topic ab equal cd. We'll get this up here What I'm going to do is I'm going to be showing you the action that we had today But remember for every action, there's an equal and opposite reaction Okay, now here is the pattern that we just completed just a little while ago. You'll see that beautiful gartley down there Right at the perfect abcd right near the 61 percent retracement That sets up another abcd coming in here in about a half an hour Actually, listen that it's going to be in about 11 30 11 45 right when we're on the air Sometime this morning with mr. Joe ad himself We should be making a top in that s&p somewhere about 45 45 83 so that's uh something to pay attention to but It's just a pattern and i'm bringing it to your attention. The the forecast line is the ai line. You can do this yourself It's not hard to figure out But you know the that's part of what that floor trader's handbook did Let's move on to a couple others that we really need to talk about i've covered the natural gas We need to get into one that has really really been rocking and rolling folks For us and that has been the i'm not shorted anymore, but we've uh, we Had a really nice short and it got out of it way too early But i want to show you the volatility here In the crudo look where we were at that 80 folks that was the 78 percent level back on the 24th You'll notice the first rally back was at the 382 The second rally back was at the 382 that was at 69 We did that on a 15 minute chart yesterday to show you every single swing how they were all abcd's all the way up And it went for 69 60 Last night we had an order to sell at 67 40 and it got to 67 30 and we missed it And it dropped $6,000 to a three drive to a bottom pattern as you can see it right there Spot on now what i want to bring to your attention is that yum yum trade again Now you notice the low was at 62 33. Okay now what what the Process is is after you have a bar that's that big You put a buy stop at the 80 percent of that bar in other words when that thing goes above 80 percent of that bar They've trapped a whole lot of people And that's exactly what happened that triggered at 64 80 and I believe we're trading Well above 66 now as I recall but we'll be able to see that Okay, anyway, that's a couple of things that we're watching. It's rather simple You won't see any moving average charts or oscillators on my charts because I simplicity trumps Complexity and I like to keep it as simple as possible and that's really what I really try to do Okay, now we've covered the silver We've covered the natural gas We've covered amgen footsie The euro ah the bane of my existence boys and girls This is driving me nuts this one here. Let's just get up here. But hey, I'm driving me nuts, but I'm not losing I'm breaking even You notice we bought at the 382 retracement after the big drop off. That was really nice. It made a nice abc up there It made about 30 pips, but we were looking for something more So all we did was we put our stop on the euro at the 1312 level which we just hit again I think for the fourth or fifth time We're going to try to rebuy it a little bit lower down there at 128 27 But the fact that it's gone sideways for so long and not moving higher Is enough to make me nervous. That's you like using a time stop So what I'm doing there is just getting my stop to break even just as quick as I can So they don't have to risk very much if I can catch a few moves Just missed the one in cruder all the day, but that's coming. I'll get it the next time But that's the one that we'll be watching for we got the s&p Which is a really good one this morning and the goal is acting well too. So I think we'll be we'll be okay here but remember these markets are really active folks and Like basil said, you know be prepared because These things can move in any direction at any time without any notice of all and that's it Also, pay attention folks to the smh chart that basil posted this morning on his show Because it was at the top up there at 332 or I believe it was it was a perfect abcd I mean, it's just uh I tried to bring it up But the problem was my charts are not engaged to pick it up right away And so it made it a little more difficult to to get to do that. So let's remind ourselves that These things can react Very very quickly and they usually do But overall folks the overall balance of this market is extremely bearish in my opinion I would be afraid is that don knots would always say not don not don atoms would say Be afraid be very afraid and that's uh, that's a good thing to do because when you got your fear up Your adrenaline is working and your all your senses are moving in the right direction And that makes it easy complacency doesn't have that luxury Complacency says that oh take it easy. Everything's good. It's going to go up forever There's a lot of that out there, of course But watch it also keep an eye on the bitcoin folks if we get bitcoin below 54,000 A little bird told me that it was probably going to go back to 30,000. So that little bird is pretty smart So keep an eye on I don't know what the low or what we're does anybody know where bitcoin is even trading this morning I'd be interested to know if someone give me a quote on that I bow. I just don't think I'm going to have time for nike But if I have time after joe is on the line, which I doubt because he likes to talk more than I do We'll be able to see See what that does. So but I'll cover nike Uh It's at 56 five. It's got to get above 5400 the gold the gold's got a bottom coming in I believe in around 1760 if you're an if you're a 24 seven subscriber. I sent that out It's a beautiful 135 pattern. It just just couldn't look any better But that comes in right at between 1760 and 1759 and the gold I am not even sure where we are trading right now I have a hard time looking over my shoulder to see where the tv is but the gold is trading at 68 so it needs to get down About another eight or nine dollars down to that down to that level And then we'll be able to take a look at it here So we've been as high as uh, what's our high here in the s&p? It should be coming in Uh, right about now, right? Well, it looks like we got as high as 71 But uh, it says we're getting ready to the top in the old stop and pee folks. So Buckle up Joe did nappily in the house 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 an exclusive trading room where successful traders from around the world come to exchange trades and ideas Join the den and surround yourself with these sharpest minds in the trading world Subscribers to the tiger's den are also the first to have their questions answered live on air And can privately chat with our tfnn hosts live during their shows Interact with other tigers and tigers as they share trading ideas news analysis and discuss the market action all trading day Subscribe to the tiger's den risk-free with our 30-day money back guarantee and become part of the tfnn trading community tfnn educating investors You could be making money off the stock market And if you're already making money off the stock market, you could be making a lot more Check out tfnn and tiger tv and get expert investing advice to give you the power to control your financial future Go to tfnn.com and find the newsletter for you Whether you're into trading gold metals futures currencies or options You'll get advice and analysis to help you seriously get ahead tfnn also features trading services with a 30-day money back guarantee for new subscribers As well as tfnn's tiger den trading room trading software and educational webinars for all trading levels And make sure you check out tiger tv for free on tfnn.com or tfnn's youtube channel for live financial content From 8 30 a.m. To 4 p.m. Eastern on market days Stop watching on the sidelines while other people get rich and become the investor you were born to be tfnn educating investors 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 gartlies abc's 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 Searching to find and right now we're offering licenses available at only $79 a month We are so confident that you're going to love this new charting software that will even give you a 30 day Unconditional money back guarantee don't miss out on this incredible new piece of software Get your copy of the art of timing the trade charts today by visiting tfnn.com 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, we're back folks, and I believe with a little luck we have joe denapoli in the house joe are you there? I'm here larry. Can you hear me? Oh coming in good looking good billy ray feeling good loose Hey, don't you have a birthday coming up pretty soon? And I already had it coming was it was it november? Like that's patty's birthday. You got a mix. Oh, okay. Okay. Okay. I'm sorry go ahead All right listen. Hey listen my friend. Can you see my smiling face on there? Yeah. Yeah. I see your high school picture there Yeah, you bet Oh, I look it was only 15 years ago. I graduated a little earlier than that Yeah, well it took you seven years in the fifth grade. That was part of your problem Hey Hey, joe Uh, honey kabush my friend honey kabush Sarah, Sarah is the only jewish chinese woman in the eastern hemisphere, but no no we have it We have a we have a beautiful ceramic tree. It's about four feet high It's made out of baccarat crystal It was given to me by one of the famous los angeles dodgers West parker about 30 some years ago It's the only thing I retained Uh from the marriage was that christmas tree and we put it up and uh, it's really cool I think I ought to take a picture of it and show it in here, but anyway, that's about it You know, we well hey folks joe and I are like brothers because we've grown up together We've been doing this together for almost 50 years And uh, but let's tell tell the folks what you're looking at joe because they really want to hear your your market views because you have a Real uh affinity for this stuff. So tell us what you're looking at today my friend Well, Larry, I think I got some incredible information for you today I got a couple of charts from my south america south african Denapoli expert peter van wight and he brought this to my attention and they just blew my mind because I wasn't aware of it this guy's real sharp and They're gonna be coming up real soon But first You know, I'm going to piss off probably 30% of the audience just by going through some of the risks we're faced with And then we're going to get right to the charts got a lot of charts today I hope you can finish this up because uh, it's pretty exciting Take your time. Take your time all right, um All right, what what we're looking at now in the market big picture high level extraordinary liquidity risk Extraordinary overvaluation risk extraordinary management risk Inflation excessive debt risk we're in three bubbles real estate equities and bonds I think the worst of the three are bonds Then you got equities and then you got real estate But we're we're in a bubble and all free and uh, I think real estate may survive it But uh, not the other two in fact we're already We're we have clearly Gone over the cliff and I'll I'll show you that in In detail in a few minutes, but I want to talk about the management risk Why am I so heavily in cash? You know, why am I so negative in the market? You know, it's not just simply a break of a of a trend indicator or resistance at a Denapro level it's it's this it's it's what this screen is about We've got an america last policy. We've given up our energy independence We've got a wide open southern border. We're printing money to the max inflation is going nuts. We got supply supply chain shortages Many of these are self inflicted. You may not know this Larry, but I took a freighter back from From china A few years back and I saw firsthand what goes on in these ports and by just changing a couple of regulations We could really help this supply chain Bang and we're not doing it. It'd be simple as simple as a fifth grader could do it and we're not doing it We got pools in control You know, they think they think the best thing on earth is putting a cross gender guy in a dress in some major position That is their agenda. They think it's wonderful. We've got a socialist agenda The people that run this country Have terrible Approval ratings on an unequal application of law distrust of institutions Looting and lawlessness So that is the backdrop for everything that's coming down the pipe now all my charts everything And um, we can't get away from that and we can't hide it And we have to recognize that this is what we're dealing with um in 2006 I was in Bangkok and um, you know so I ate Larry um I was I was sitting up there and so I ate and we could see the city burning from every direction now in America We get this smash and grab thing. Uh, we got just like in Bangkok. We get barbed wire on the streets so, uh, the destruction of America is uh That I talked about on the september 14th show is well underway and in my opinion, um There have been some very positive signs lately, but you know, are we going to make it another year? To where we can get some new management and um the jury's out I I don't know if if the country will be in good enough shape to come back after that After that next year is up. So now let's look at some incredible charts um This is a chart of the Dow yearly So we're taking we're talking big, you know, high level here and it's a log chart. I don't know if you do log charts On Denapoli or Fibonacci level stuff, but uh, uh, Peter Van White down in South Africa His youtube channel is right here on this chart And uh, the water-free stuff on there for our listeners, but anyway, um You just take a look at that xop that xop came in exactly When the pandemic hit Now, you know, how in 1975 when this thing was formed, that's the C low at 570 how in 1975 at that C low Was that xop predictive of something as horrible as this pandemic? You know, who knows but it is and that's how this Fibonacci stuff works Uh, people that are listening need to understand there's something really weird going on here And and look at this next chart. Look at this is where that xop came in larry This is as far as we go. We do the xop is the 1.618 expansion We don't do 2.6 3.6 and all that other stuff. We don't do it after the xop is achieved We go to the step forward and we do a new expansion So right at that xop We hit and the and that is when the pandemic hit and of course we had a massive correction We lost I think we were down about 40 by 50 percent depending on the index and here we are I mean, we have recovered. We've gone back up Through that xop And what we're doing now is we're going to settle back down on the xop This is the high here and on the dowel current monthly dowel. This is current and we have We have the pandemic high at 29 500 roughly And we have broken down right at that xop broken down. We've recovered And we've made substantial new highs And now we're rolling over and we have broken Um an indicator that I developed called the macd predictor now the macd predictor comes from two guys, you know, well Gerald appell he developed the macd and and uh two wavy lines And uh You got jake bernstein who put the right numbers to it And then you got jordan aptly that changed those two wavy lines into a single line called the macd predictor And this thing is just the most incredible tool. This is what we use for our trend analysis Hey, we got to take a break joe you hit the 33 piss off index in the first five minutes So keep on going we're good 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 727 329 832 or email us at tiger at tfnn.com that's 727 329 83 22 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 in 50 cents Sign up for david'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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That's tfnn.com and hit watch tiger tv Okay, we're back folks with joe denapoli denapoli levels joe. You want to continue, please? right all right, so i've got to impress on you the the Beauty of this macd predictor gerald appell developed the equations jay bernstein and numbers joe denapoli put it in a In a way that you can that you can easily use And it's what we use for trim and indicating when the market's going up or down now What's amazing about it is that it seems to track the elbows? So we've just had a break in this thing of the that's a monthly chart We just had a break of this thing and this is where why you saw such a lot of flurry in the market to the downside Recently is because the algos somehow this thing tracks the algos and so we've broken We've come down through and the indications out of we're going to keep going now What's fascinating about this larry is that that xop that i showed you on the yearly and the monthly dowel which is a result of the log chart Expanded objective point, okay developed from the c-point back in 1975 This thing is going to come down and it's going to come it's going to revisit We do a lot of revisiting of of nodes and expansions so When when something revisits it often supports very well now look at that point three a two that point three a two Is coming right in there at that old high? Right in there with that xop That we're manifesting so I think that's going to be one hell of a place to To to commit a serious amount of money right now i'm playing around you know i'm messing around Buying stuff mostly i'm cleaning my shorts, but buying stuff And this is going to be a place where i'm going to look to to put on a little bit heavier position now um My current positioning is a little less cash because as the market comes down on a buyer I've still got about the same in china. I've got about the same in Hyal munis oil about the same now tech has gone up tech has had come down in price So it's gone up in my portfolio Probably the biggest change is i'm getting back into airlines and manufacturers And um, we have the time. I'll show you exactly where i'm buying those things Gold and silver. I got out of a little bit of my gold Um And at a at a c.o.p. Expansion i'll show you that chart if we have the time also, um I've about two percent in uh, miscellaneous economic stuff and I have cleared my short primarily in fedex At a nice profit and last time was on a mention that I was going to show a FedEx all right now On 11 20 that's patty's birthday by the way. That's what you're remembering Yeah, um on 11 20. I did a presentation for denapoli expert peota galleran in europe and his group Got a pretty big group over there. Um very sharp guy. Anyway, um This chart is from that presentation And we were making new highs in the s&p just about the time that I I was doing that Presentation and I wanted to show on that presentation even though the s&p is making Making new highs this market is done. We have folded over and I'm going to show you what I mean What I like to do is I look at the more speculative stock where the hot money goes We're the people that you know the pushing in the news and you hear all about them on cnbc and You know you can't you gotta stuff your ears to get away from these hot speculative stocks one of which was uh teedoc And when I gave that presentation teedoc was sitting there around 121 122 Which is less than half of its value and this thing is crashed Even though the s&p is going up at new highs when they gave this presentation this mother is crashed It is down to 122 Yesterday it went down to 93 so We're crashing Take a look at stein now. There's some kind of uh, they do some kind of um You know like a master correct thing Uh, whatever that is Stein all right. Uh, it was 95 When I gave the presentation It was uh down around 19 That's two weeks ago right now. It's 15 crashing these are the hot stocks crashing um Zm zoom When I gave the presentation it was way down off its highs But I don't know what the hell the highs were there was somewhere between Well, I think around 560 or something it was down when I gave the presentation it was down to 257 Yesterday it was 197 Market is crashing um Quarmscape They do battery storage stuff. It's a high spec company Um, I like to look at these high things. They're gonna roll over first It's just like in the dot-com thing back in the 2000s These markets certain segments of the markets roll over first higher spec stuff the hot money stuff rolls over Look at this thing when I gave the presentation We're looking at 33 and a half two weeks ago. Now it's 27 Markets are crashing twitter the censor should stop look at this thing This thing is is, you know, it hasn't completely fallen apart yet. It's only down 50 Yesterday it was down to 43. It was up at 80 before Um, facebook yesterday facebook was right around 308. I believe now I'm a small buyer at that cop at 306 and I'm a larger buyer down there around 277 And do I think it'll get there? I do Um, baba now baba is a little bit different category because they get on the wrong side of the uh, chinese government And you do not Do not ever want to get on the wrong side of the chinese government They these people are very bright and they are They keep things under control And look at look at what happened to this when I gave the presentation you're at 125 And that's down from 320 And and and now now yesterday, uh, it was down Well actually it's down to about 125 yesterday when I gave the presentation I believe it was 130 540 now I'm getting ready to buy this thing and you can see from the chart where I want to buy it Point is that these things are getting decimated now the robin hood. It looks like the to share up a nodding hand Harpoon this guy Look at this thing 85 and we're approaching the cop at 1955 now As I said what happened what I do is that I put buy orders in At denapoli levels below the market when the market gets there I decide whether or not I want to keep the stock off and get fills then I take a look at this Whether or not I want to keep the stock this is from an old presentation these numbers mean nothing But I'm just showing you how I do it I might be down there working on my classic mercury trying to get a paint job done And I'm filled and I come up an hour later and go, oh, that's nice And a lot of the time all the time a lot of the time They'll hit these numbers. They'll bounce nicely and all of a sudden I'm doing really well It is the interpretation of how these markets act when they hit denapoli levels that helps you to decide whether or not you want to keep a given stock or A commodity like gold or silver now. Let's talk about silver weekly sld paper silver About a week or two ago Yeah, about two weeks ago. We hit a c o p resistance lever on silver at 23 26 Now If this c o p holds if this if there's natural selling that comes in there holds the market back Then even though the cpi maybe 11 doesn't matter This sucker is going to go sideways and it's going to drop because it's being held back If we want to see this market strong, we want to see silver and silver at 50 It's going to have to do something like this Okay, larry i'm holding hey stay with us buddy. We'll be right back with joe denapoli denapoli levels 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 and 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 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 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? 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Petersburg, florida The investment is for four years paying 7 per year or $7,000 per 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 Do you want to make 1,000 per year on 100,000 invested or 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, we're back with Joe Denapoli Denapoli levels. Joe, would you like to take this time to maybe give a little Speech on some of the services that you have and how they can reach you. It's called a commercial Well, um, I'll mention that when I get done with these charts. I want to really make sure You've only got two minutes. You've only got two minutes chief That's all we got left. Yep. Oh my god Yeah, time goes fast when you're having fun. Joe, next time you come on, we'll have you on for the whole hour. Okay Yeah, I Yeah, I wanted to talk about omicron. Okay. Anyway, yeah, we're going to give a special. We'll give you a little advertisement here It's 99 dollars. Um, include 60 days free on the website. That's for the trading with denapoli levels book Um to get 60 days free on our client forums free shipping in the usa go to pibtrader.com water page in the salinia section called tommy and um Damn, I wish we're on a little longer But we're not and I do too. It's so everybody else too. So Okay, I want to see it cut me off whenever we're done. All right. Um, but they'll do it automatically. So just keep talking All right Great. I got you. I love b.a. I love bowing it. I bought some yesterday It's right down to a revisit of the major drop I already see that major drop that we had in the pandemic The plenary a two resistance was right there at 188 now. We're at the revisit This is usually a great place to be a buyer. I bought some of that stuff. I bought some of uh jet blue um, anyway, um there's some stuff i'm buying and uh Gold i'll give you the bottom line here We did not get the kind of price action that is bullish Um for gold or silver You know the idea we all thought I certainly did and I think you did this thing's going $2,500 free thousand There is no confirmation of that The the market did not do what these added lines show on this chart And we just we just fold over went down and so there's nothing particularly bullish yet about the gold market um That's what we would have liked to have seen we didn't see it And okay, we've got to go now buddy. God bless you. Love you. Merry christmas. See you in a couple weeks. Talk to you later folks Joe Denapoli Denapoli levels Tomorrow is uh, paula whip