 Okay, brother. You're awesome, man. Thank you. Now, Tom O'Brien. Welcome, folks. This is Tom O'Brien of TFNN. We go 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, whatever you think about, you bring about whatever. You focus on growth. Hope everyone's having a great day. Safety. It's making a great night, folks. Chicken off May. Don't take anything personally. Become immune to poison. The whole world can gossip about you. If you don't take it personally, you are immune. Immunity to poison in the middle of hell is the gift of the second agreement. Mugger wise, let's take a look at it out here. We have the Dow Industrial's down 480. You get the Nasdaq off 38. S&P's off 40. Gold contract down to buck 30. Pray now to 18.36 an ounce. You get silver up 20 cents. $27.68 an ounce. Light sweet crude up 42 cents. $65.34 a barrel. Notes and bonds. Ten-year note. Down five ticks. 132.14. 30 year at down 19. At 156.30 in Kingdala. Kingdala's down 51 ticks. Trading 90.159. The euro is at 121. The yen is at 108. The dollar is at 141. The U.S. dollar. Off phone number 877. 927.6648. Give us a call folks. I want to know what's going on in your world. The world of the S&P's. Let's take a look at them. You get the S&P and the Dow doing a little catch up with the Nasdaq here. This is going to get intriguing, watching this shake out. Let's take a look at the spy. The spy is at 414. Your swing points down here that we're dealing with were 410 as well as 411 you came into 410 you rejected it But guess what bottom line is that you're gonna have another hundred million shares here. That means that you're slamming into the lows Expanded volume that's saying lower prices are gonna keep coming at us. Dow industrials We go take a look at the Dow industrials would you have inside the Dow industrials that industrials came off a tie and the Dow this is a This is not a good-looking chart After making all-time highs I can tell you that Bottom line is that you gave it up on Friday. We got all the way up to 34,000 811 Yeah, it seems like no. Yeah, it was 35,000. Yeah, 35,091 Then gave it up in spades and then you gap down You never like to see that folks the bottom line is that it's not it's not an island top When you gap down like that, it's a problem if we go take a look at the volume. Let's go look at this volume right now No, that's not bad. Okay, so 675 that's not that bad actually so It doesn't look to me like you're gonna have volume off the high and not having volume off the high is saying That's gonna be a normal correction, which is which is pretty cool and the x100 the three queues Well, actually, let's go look at the SMH's first because the SMH is I'm gonna give you an idea of Where these three queues want to go we have with the SMH is this SMH is the last swing low that we had out here inside the SMH is was three and we're 224 41 you came down there with six point seven million Bottom line we get five point eight million today. We didn't hit that price. We'll see what kind of volume we get SMH is a setting up just as the queues are setting up and what that is is this folks is that You can say that yeah the queues in general you're gonna turn around Tuesday, okay? Because the bottom line is that you know compared to being at 319 you were 324 that being said guess what? You're still at lower price. You have volume behind the move This is just enough to get the bears nervous to get the bulls excited Bottom line my take here is that you're still gonna go lower that this is this is this is a catch up That's that's what's going on here. If we take a look at the SMH is I suspect the SMH is gonna be talking to us meaning that you're at this 3 32 area and the volume is just too high and the bottom line is that that's gonna Keep the end the X 100 into lower price now. Let's get over to the three queues We take a look at the three queues three queues have been leading us lower in a monster way What we have with the three queues out here is that we hit 319 today and rejected lower price Volume however way too high way too high bottom line. We're at 60 million right now. We did Yeah, look at we did 60 million on Friday this thing's gonna commit about 75 million 75 million is saying guess what you can open up lower once again tomorrow The deviance is there cool deviance gold gold contract you talk about we have volatility everywhere in the marketplace folks No doubt gold came down to 1817 and just said see ya don't want to be a we hit 1817 took off like a rocket ship 1836 bottom line gold is looking to go to 1881 We take a look at this baby what you're gonna see it was a fast move lower Guess what bottom line no more sellers you came back to the breakout area that was established last Thursday as we did And you came back with tremendously lighter volume So what happens many times there is that whoever was buying that breath will actually the force That was coming into that breakout area most times that's going to be the same buyer huge institution that's coming into the marketplace and Bottom line they're bought again right at that level notes and bonds we take a look at note note and bond market And what you're gonna see here in the note and bond market is that you got to lower price You have a huge contraction of volume. We have 1.3 million contracts on the 10 year Bottom line is that we hit highs last Thursday with 2.8 million bottom line you're gonna go back top side. There's not enough sellers inside the bond market That's that's real bottom line and good old King dollar. So we we take a look at the King dollar out here King dollar came down with conviction last week We're building cars right now to get into the 89 area You know last Friday was a month today on King dollar almost came down a full penny came down 800 ticks Conviction behind the move we're building cars right now to go break into this 89 area And you know, we'll see how this baby shakes out the bottom line is the way that this is actually set up It looks to me like you're gonna actually blow away the 89 area. So what happens is this? On King dollar folks, okay? Let's say that we go sideways for three or four days. If that's what we do That's building cars for the downside. You will see King dollar Not only go down it will come down with conviction. I mean in a monster way Dow Dow industries down 524 and Aztec off 37 S&P's off 44 and the bottom line folks is that we basically are going lower and the folks haven't seen a market that gets highly volatile Looks like it can come back and all that is that's the counter trend bounce folks before the selling just accelerates again