 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. OK folks looking good Billy Ray feeling good Lewis our guest today will be Jeff huge of Alpha Insights. Tomorrow we're going to have Paula Douglas on the line on Thursday. We have none other than Norman who calls it to the minute Winsky and on Friday we're going to have Shane Smollion. So we've got a nice set up next week. We're going to have hopefully Joey D. Denapoli will be on. But boy that dude is really hard to get in touch with folks. I posted this chart of the dowy many last night because I set my limits on when prices are hit and in the middle of the night I think it was two or three o'clock in the morning it hit the exact number. I saw the notation of it later. Everything is after the fact here. But I just want to give you some heads up because these dudes that are out here with these numbers they play these numbers and when they go there you got to pay really close attention to him. Well when that was happening I just happened to be looking at the European session with my AI program and this remember I didn't do anything with this because it was long after the fact. But look at that the exact time that occurred was right about five o'clock in the morning New York time which is what is a three o'clock in the morning Tucson time. And you can see what's happened. We're back the minis back up to about four forty four ninety or something I saw last. So it's in that area of looking out of what's going on. Yes the gold trade did not work out very well. You know it's really funny folks. I did that gold trade selling it up there. It looked like it was going to work this morning. It was had a small profit in it of about a couple of bucks. Then it went out and stopped out. I had more comments about the losing trade in gold than I did in the winning trade in the crude oil. And I and you know the answer to that was folks. It was very simple. It was the end. There's three people's no big deal. But they all had the same thing. Well I didn't do the crude oil. Anyway that's neither here to there. So you make thirty five hundred and one and lose seven hundred and another. And all of a sudden no one's coming back to your restaurant anymore. That's certainly OK boys and girls. Hey let's take a quick minute here. I want to talk more about crude in a minute. But there's something really big happening right now. And I know most of you have maybe looked at it maybe haven't. But let's take a look here. Well let me put it up here right now. Here is the Treasury bond market folks on the weekly basis. You'll get it up right here. There's where we are. We're a little below the 61 percent retracement. The ABCD comes in one twenty five oh three. This is the largest of all the commodities that we trade. You see the three eight two retracement on the weekly up there. That's when we've got super bearish way back there in September October when the bonds were one sixty eight or sixty nine. And we didn't take all of it. We took a nice piece out of it. You know you never get the high. You never get the low unless you're God. And I mentioned she's not trading anymore at the present time. But look at this on a shorter term basis. I have not even put out a buy on this for the twenty four seven. And the reason for that is I forgot. But I would be buying the heck out of these Treasury notes or Treasury bonds today. We're down into this area. This the area the old area we've taken that we've shattered all that. See so my first support in these bonds excuse me in the notes was at one twenty six fifteen. I didn't I'm trying to buy the bond so I didn't buy the notes. That was my projected low in the notes. I don't know how close they came as the low as one twenty six fifteen which could check someone check that for me please. Well Maria I am too dear. The question is it should be happening very soon if it's going to be happening in fact in the next ten minutes we'll see whether that's going to happen or not. But that's that's why I'm watching him very closely. Now since we're since we're talking about the old bond all these let me get this up here. You'll be able to see here. This is what we were looking at here this morning. This is the E mini. This is the Dow Jones time out judges ruling. Let's try this again Larry with English. We are now looking at the U.S. Treasury bond futures. You'll notice we posted this when it was a one fifty three oh three. Our projected low was one fifty two four twelve twelve. The low so far has been one fifty two fourteen. So this is a nice pattern. It's over a you know ten day period. So this is pretty good. You got the one point two seven you've got the butterfly pattern. You've got the one three five pattern all of that lines up. So it's going to be a low risk trade and I bet you a dollar to a donut. You can't get anybody to buy nose and bonds here. Everybody wanted them at one eighty one sixty one forty all of those. But boy down here nobody wants them. So whether that's going to be something that's going to be of any interest at all I don't know but I need to check them right now. So give me one second here where we are. Look at them take off. I think they've already made that level. Didn't get filled. Son of a gun that low was fourteen. I was trying to buy thirteen brother. They've already moved a half a buck. I can't. That was talking about the bonds here. Nothing we can do about that. So let's not worry about it. OK. What other one are we watching here that's of an interest. Boy I'm telling you folks this is this is could be a significant bottom here in these notes and bonds. We've been we've had these on our radar for quite some time. And we're at a point where they could be you know just extremely extremely having a really good rally of some you know stretching imagination it could be you know the let's get this up so you folks can see it on a on a better basis here. Hold on one second here. This is the one we've had on the daily for such a long time. That's just poor trading. Larry Mena missed by two ticks. All right. Let's see you being the ABCD down there. You mark you notice how I mark this this thing in the one point six one eight that's the one point two seven we went through that folks. We went down to the one point two seven of that last swing. So once we went through the one fifty two twenty seven that's when the alert came on to be a potential buyer of the previous pattern that we just talked about. I hope you understand how that works because what I'm doing is I'm taking longer term trading and moving me into short term trading to show you what I'm looking at. So all I do is I blow this up to say OK it went through that number. Where is it going to go next. And that's where I came up with that one one fifty two fourteen numbers. So that's what we're paying close attention to. We'll see what's happening. Did anybody see what that note bottom was because I think it was spot on and I don't trade the notes. If you trade the notes you have to put on two contracts to get the same volatility that you get with the bonds. But that's that's neither here nor there. So this is going to be what we call a very interesting day. Folks there's a number out here that you really have to pay attention to pay attention to today. And that's the low of the NASDAQ twenty twenty cents lower than the lot the time out. It's 20 cents lower than the low of the day which is at one fourteen forty four just think of fours. If we go below one fourteen forty four that is not going to be very good for the stock market. It's that's a really important super super duper important number that you must must we don't have to but I would pay you know very very close attention to it. If I were you OK we'll be right back eight seven seven nine two seven six six four eight. 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. 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born tfnn educating investors call now toll free at 1-877-927-6648 internationally at 727-873-7618 okay folks just want to take a quick look here at some of these things and I want to remember these numbers that I talk about they work part of the time they don't work all the time and that's the real key you know to what we're watching the reason why they work is very simple I'll put this up right here we've already talked about Mandelbrot and ABCD but we can go back to about 600 BC when we had our good friend Pythagoras there and you'll see the Pythagorean theorem all related to the ABCD the square roots of the pot noose are all those related to Fibonacci numbers Pythagoras was so smart folks he was the first man to ever use the square roots of numbers I mean there's just so many things that he did he also knew that the distance between the earth and the moon was 250,000 miles he knew the diameter of the earth and the diameter of the moon by using his geometry and the shadowing stuff that he did he was a really strong believer in the astral things like solar eclipses and the movements between Venus Mercury and Mars which you could see with a naked eye most of the time but he was just so far ahead of it he was so far ahead they asked Albert Einstein once who were the smartest people to ever walk the planet the gentleman said who were the five he said well he said number one was Pythagoras he said there was god and there was man and in between was Pythagoras he said number two I'm going to have to say it was Leonardo da Vinci he said number three Isaac Newton I can't remember the fourth one and he said the fifth one of course was me Albert Einstein well he had some good what do you call good vibes as far as his optimism on himself was was done so we got to remember that which is really good now I just think that there's a real possibility today we could get a substantial thing happening here with these notes and bonds and that may be what is causing the stock market having such a big run here you know we've had a we've moved to 200 handles I think we have haven't we have more well no a little more c4 to 6 yeah we've moved 250 handles in the e-mini Nasdaq in the matter of one hour and that's so it's moving pretty good and we've had the s and p move about 30 handles a little more than 30 handles that's another one jumping around quite a bit so we had to pay you know really really close attention to that too so these are just the many things that are going on today so we'll be watching them closely as we always do and Jeff huge will be our guest as we come through here now here's a comment I'll talk just a little bit about overall charting and stuff folks because you know you hear all kinds of things in the news and you got to believe it sometimes you do sometimes you don't but look look what's happened just to show you an example here we brought this to your attention before this is the price of Google folks look we made a three drive to a top pattern back on November the 22nd then we make a perfect one three five pattern where one and three and five are all symmetrically related to the harmonics of six one eight seven eight six and one two seven and one six one eight we break all the way down to twenty five ten and hold on here um yeah hold yeah just uh hold on just a second here I got to change a little something here called an order bear with me here it's hard to do everything at once folks but I got to do it and look at look what's happened folks they came out and say we're going to split 20 for one of course that splits not till July but the main thing that you're looking at here is look at this high folks they opened this stock up can you believe it 350 points we take out the high of December wow this is a $3,000 stock it took out the high in December by four dollars if you were a trader in Google and you couldn't take advantage of that you should turn in your chart pencil and run away I mean because look at that you it goes from 300 the high was by four dollars more there was nothing up there but air and that's why it's so important speaking of air I want to show you what's happening now because the same thing that was happening now is what happened back in 1991 when I was telling the story yesterday about John and he's trading at the Goodyear tie and rubber for the Alaskan pipeline and how the premiums were and you can see here look at this the premiums on your Brent crude oil and your options for December are $120 a barrel look at the premiums on these folks I mean they're giving money away if you're selling calls up in here and now selling calls up in there gee gee that don't look too bad does it well golly Gomer maybe we got something here that's all I can tell you you just got to jump on these things once in a while because when those when those ABCDs do land and sometimes they land right on your lap you want to be able to take advantage of them and that's all it is folks it's nothing more than a pattern nothing more nothing less and you know I don't I don't care people you know tell me hold on get it up here to show you again you know some of these work some of these don't and I understand I get three emails about gee how come we took a loss in the gold well that one didn't work well the crude oil worked well I didn't take that one that's all part of trading folks and you've got to take responsibility for that that's the best I can do I can show you these patterns and remember if you're right about 50 percent of the time and we do quite a bit better than that we're closer to about 65 percent but the other you know and we break even a lot you know we put our stops at break even on a lot of things and that you know prevents us from taking big losses and things and we miss a few moves but it's not about how much money you make it's about how much money you don't lose you've got to you've got to put that in your quiver for your when you pull out an arrow that that's the main one you got to protect your bacon that's the main thing remember Warren Buffett's rules is number one rule don't lose money and number two don't break rule number one well that's the the name of the game and you've got to be able to remind ourselves of that each time we trade because there's nothing any more frustrating than the thinking you know more about these markets than they know about you and that's not going to happen so just keep that in mind okay now I want to move back just just a little bit please give me one more tick give me one more tick mister uh count wisdom general what it was all right I wanted to just one more time on the bitcoin here is the chart we posted yesterday because we made a abcd in ethereum up there at 30 32 30 240 I believe or something like that was the 382 and the abcd now the 382 on the bitcoin itself this is a theorem on the 382 on bitcoin doesn't come into 46 000 we only got to 44 5 I believe I don't know where it's trading today but just a lot of things happening I don't know what's going on if there's anything astrological or not but there's a lot of things happening here in the market these days so I think it's this is day when you really want to pay attention especially when you got notes and bonds because that one has been beaten up you know quite a bit and it's it's due for something you know pretty dramatic I was going to do two LT do TLT but it frankly it was really hold on just a second get this one up here this is the one here is the one I was watching here in the treasury notes for today if we were to get that low I don't believe we did I know we got to really close to 12602 could someone tell me how low we got in the treasury notes today because 126 was uh what's going on with that yeah I know the crude oil is down 240 a barrel today which is good okay that's right in the ballpark so it's still a little low hey listen we got Jeff huge alpha insights coming up so stay with us boys and girls 877-927-6648 are you 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we're back folks we're talking with jeff huge of alpha insights jeff how are you doing today oh larry how are you we're for good jeff i have a question i am uh something i'd not seen before what do you mean when you're talking i posted the chart in here of the trend analysis binary could you explain to me this is a beautiful chart and it makes a lot of sense but what are you what are you showing here what do you mean by binary so larry what i mean basically is the market has to make a decision one direction or the other uh binary means it's either up or it's down and so you know we've we've kind of arrived at this neutral juncture where we've you know broken the short-term trend but we're holding the intermediate term trend and the support level is about 4300 and around the 55 weeks simple moving average but we've also broken down below initial support which is around 4500 and the 55 day exponential moving average which is a little bit above there and so once the market recovers the 55 day we can say that that binary um condition has been resolved to the upside but if it fails below the 55 week simple moving average then we can say that it's resolved to the downside okay well now now that makes that makes a perfect sense that's for sure now then they hold on one second i've got you get your check your next chart out on the elliott wave count because you're really good with this stuff and i'd sure like to get your feedback this is your preferred elliott wave count that we're looking at here yes um so on the left side what we're really doing is looking back over two years to the march 2020 lows and we're counting um a progression that should ultimately be five waves to the upside impulse progression and within that we can see that there's a subdivision between wave two and wave three that counts very nicely and holds a very very specific trend channel now that trend channel has been broken and that's got a lot of people concerned but what we're thinking is that it's really wave four and it's a complex uh corrective wave form known as a double irregular flat correction and it's quite textbook if you look on the right hand side of this diagram you'll see a um a magnified version of that where we show in detail exactly how this pattern conforms to the textbook expectations and we've got basically um you know a three wave move to the upside that uh makes a slight higher high and then it breaks down and makes a slight lower low than we saw previously and so that is what really is designed to confuse market participants but actually plays right to that corrective patterns you know textbook expectations and the fact that it's holding very well above that key support level of around 4300 and that 55 week simple moving average and lead us to believe that we're now in the process of of this final fifth wave advance and so we've made two progressive moves up we've counted it as a one two one two and the next big move to the upside should be a third of a third it should be very dynamic and we would expect it to carry to new all-time highs at which point we'd be able to project an upside target to s&p 500 5400 hello operator starship enterprise with 5400 and s&p we're trading at 4500 right now it would be quite a move wouldn't it and um you know that's why we're saying this is a binary condition we don't want to go all in just yet but as we see progress develop we want to be ready to get on this because we're able to see you know with a fairly particular roadmap exactly where we're going once these moves occur wow i think you should change that instead of binary you should put it as coronary because that's what it's looking like hey i like your part here about the positive breath divergence you want to tell the folks what they what are you showing on that because that that's really a you can see tremendous divergence there this is um part of the supporting evidence to that bulk case so normally when we talk about breath divergences we're looking at negative divergences trying to confirm the tops in place where we're seeing you know the advance the climb line failing to confirm on the upside well here we're looking at the exact opposite expectation and and we you know let's we forget this relationship works in both directions right so what we've seen is we've seen a lower low in the s&p 500 take a look at the bottom panel yet the advanced decline line which is a cumulative measure of the s&p 500's breath actually made a higher low that symbolizes stabilization or broadening out relative to that past December low and so that's a condition that generally preceded in advance or a resumption of an uptrend at the very least a strong rally and certainly that's what we've seen off the gen 24 low and so the real question on our mind is you know how important was that January 24th low was that the wave 4 lower that we just identified Elliott wave counts and is this supporting evidence confirming that and all we need to do is we need to see that advanced decline line make a new high to confirm it and frankly we're only about 125 handles away so that seems like it's a reasonable achievement you're also this next one your investment sentiment boy you can see everybody's scared i mean this is the kind of thing that makes for good buying opportunities and my goodness that can certainly be what that's the one that's almost an historic number here for quite some years exactly a historic number Larry that is an absolute record and so what we're looking at is we're looking at the total u.s equity futures positioning so it's not long or short it's total right and so speculators liquidated they liquidated both their long and their short positions in size okay more than a 40 percent drawdown in spec positioning entirely that liquidation of open interest is is really representative of extreme fear you know this lack of conviction on either direction just total fear and what fear means is that you've washed out you've liquidated all of those those um excesses that would normally be built into the market that need to be corrected they're out of the market at this point and so now it's back to a point where we need to you know climb that wall of worry and that's usually a great setup going into um the next leg of the advance and that's why i think if we build upon all the evidence i've laid out right here it's really tilting the odds in favor of a resumption of the bull market advance and new all-time highs in the not too distant future wow that's really something Jeff i really like that uh we've got a break coming up but we can cover this uh growth stock a chart that you have here because i uh i find it very interesting but also i don't do stocks so could you tell us what you're looking at value versus growth yeah absolutely this is um a ratio of the value index versus the growth index and we're using actually pure value and pure growth which means that there's no overlap between the constituents normally if you're looking at like the Russell value versus the Russell growth it's the same body of stocks with different weighting and so here we just have value stocks versus growth stocks and what happens is when that ratio is pointed down growth is outperforming and when it's pointed up value is outperforming well we've seen a marked change over the last two years as values put in a double or the ratio is put in a double bottom and value has started to truly exert itself and we expect that relationship to resolve to the upside and that should uh be the leadership for the foreseeable future Jeff stay with us please we'll be right back for Jeff Hughes Alpha insights are you in the market for buying or selling real estate in the bay area including the surrounding st. 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direction investments dot com today an investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus please contact direction shares at 866-476-7523 the prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principle the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor for side fund services llc don't forget you can listen to tfnn live on your mobile device 24 hours per day go to tfnn.com then hit watch tiger tv that's tfnn.com then hit watch tiger tv okay we're back folks we're chatting with jeff huge alpha insights and jeff you're talking about treasury yields on this next uh chart here about breaking out uh you want to tell the folks what you're expecting here yeah um it's it's happening larry it's not even an expectation anymore uh i see that that yeah that that much is clear right we've already broken out of what i would define as um a classic pattern base formation of the inverted head and shoulders variety and we've taken out that neckline and we're now taking out the high point of the left shoulder and with the close above 193 the other day that gives us a lot of confidence that um you know uh we're moving higher and usually the way these patterns project upside is the depth of the base of the pattern is projected off the the right hand side of the pattern and if we do that um we get to about three percent and the question is how quickly can we get to three percent well i look at how quickly we got from three to two and that took just nine months and so these patterns tend to resolve symmetrically so it would not surprise me at all to see us trading with the three percent ten-year note yield by year end well that's that's really cool now there's the next one here i don't quite understand because i'm not a stock person but uh we'll take a look at this and this is the one where you're looking at the value between the high the high correlation to value yeah so um you know what we've done is we've taken that chart of the uh value to growth ratio again and we've overlaid on top of it the ten-year u.s treasury yield looking back the last 15 years so uh treasury yield during red the the value growth ratio is in black and you can see that there's a very high correlation uh when one's going down the other's going down when one's going up the other's going up and not perfectly correlated obviously but about 83 percent correlation which is exceptionally high and so what it's saying is if we're right about rates going to three percent uh then value stocks are going higher as well and so relative to growth and so what i think is really happening if we're going to sum this all up is that we've got a shift taking place underneath the surface of the index whereby value stocks are starting to really reassert themselves and they tend to be highly correlated to rising interest rates which is also an overlaying dynamic because of inflation and because of the Fed's commitment to battle inflation and so as the Fed raises rates uh we're curious likely that we'll continue to see this um ten-year yield expand higher and value stocks will tend to outperform growth stocks in that realm and so it's basically a new regime yeah wow this is really cool stuff now i want to bring the next one up which goes uh it's reethon technologies we have a huge reethon plant here uh i see it's breaking out does this have any relationship to war because i know they make a lot of a lot of war materials i just wondered if uh if that could be it i agree i think a lot of it has to do with the fact that we've got uh you know build up the troops on the border of russian Ukraine the Ukraine has been deploying uh reethion's patriot defense missile defense system and um that happens to be the biggest division at reethion so it's definitely going to show up in the numbers because their sails are going to skyrocket in the first quarter as the Ukraine takes delivery of all these new missile defense systems so that's the fundamentals behind it but you can also see a big technical development here and that is a big inverted cup and handle base formation that is broken out to a new all-time high yesterday and i think today actually as well and so you know what we're looking at is we're looking at a resolution to the upside of these these range consolidations right this big large base which gives us a count to at least $106 near term and longer term about $138 now what's really interesting is reethion is not only a stock that's just got a nice pattern but it's a relative strength leader it's beating the s and p 500 it's we it's beating the s and p industrial sector and it's actually beating the pure value index as well so it's it's beating on a sector a style in an index basis so this is a leadership stock that's breaking out with great technical foundations that looks to me like we can resolve to the upside with you know better than three to one positive rescue for those who want to play this thing for a trade well that's a that's a really a beautiful path you gave us one on apple that worked out really well it went into new high ground by quite a bit so reethion's got a lot of you know i think positive news things that could make this thing really good and other people i believe we're seeing that and so that'd be something that i'd have my handle on in far view now i want to post your information on how the folks can reach you it's a it's it's website is www.jwhinvestment.com jeff huge twitter is alpha at slice insights and we have it linked in at jeffree wu cmt anything else you'd like to add jeff sure larry if you follow me on linkedin i'm sorry follow me on twitter you can sign up for my free newsletter which i publish every month and it's just a great recap of some of our recent thoughts and ideas so you know i'd encourage you to do that you can find me at alpha underscore insights and just sign up for the free newsletter wow that's great hey listen we're going to have you on again in a couple weeks i i've been doing this for a long time chief since 1959 and you're right at the top of the list i got to give you triple gold stars with diamonds because you do great work you explain it clearly and it fits in with the things that we look at for technical analysis so jeff thanks for joining us jeff here you're really fun to talk to larry i appreciate your endorsement oh well it's uh it comes from my heart my friend i don't get any kicks back i mean we should talk about that no i never have taken that anyway you do a great job we'll have you on again in a couple weeks okay take care now okay you bet jeff huge folks alpha insights and we got the market smoking and joking we got the s and p up here at 4506 the nasdaq is uh flirting with the 78 percent level that looks like the dow jones industrial average is headed towards that venus mars conjunction that we have coming in pretty soon which is way up in the air and everything looks good so we'll see how it ends up today because that's going to be an interesting thing to look at uh we've had a uh bounds are still down on the day but they're fighting their way back the low was 152 14 and right now they're up about a half 10 points up to 155 25 nothing you know really uh dramatic going on there so those are just a couple of things that we're paying attention to today the real figure to watch today folks is that nasdaq low because uh if by any chance we go below uh 14 450 today in the nasdaq that's 240 handles from where we are but you know we've seen these things evaporate at time so paid very paid very very close attention to that because it's a real interesting one to uh pay attention to because we're having some great volatility and it's going to continue for sure and that's the one thing that we really enjoy is to see this volatility watch these notes and bonds folks they have a tendency to uh surprise everybody and the whole world is negative right now you remember when they were when they were trying to feed us the old uh pablum or tapioca that there were zero interest rates coming negative interest rates get on board now and when was that oh yes that was at the top of the market so what they tell you and what they do is two different things bubba we'll be right back eight seven seven nine two seven six six four eight 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 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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 we're back folks I posted the chart of the european session of the e-mini s and p and overlaid the AI program over it I thought I'd update you this morning this is what the the forecast was set for that was early in the morning you see 10 o'clock right when we were going on the show I posted it right before that and so what I thought I'd do just for kicks and giggles is just to see how well it's doing remember these things fail a lot but so far it's acting pretty much you know what we're looking at here and as you can see here we we may be looking in for maybe a topping action here in the market where the dow Jones might back off 15 points and the s and p might back off three or four points who knows uh remember tomorrow we hope to have paula douglas as our guest the key number to watch today folks is in the NASDAQ if we make new lows uh lights out this is going to be really bad if we do that that's a long way but 250 points in the NASDAQ can be handled as you see on the way up it took well over an hour and a half to make 250 handles and sometimes the way prices go up or the way prices go down whether that happens or not that's the main thing you know to pay close attention to it jeff huge made some really good cases for the market going a lot higher it certainly could do that but it before i throw in the indians and the towels and all that stuff i'm going to have to see it print above uh one above 46 uh in the no excuse me 45 85 if i see 45 85 in the e mini s and p i will put the white flag up bow to mecca and thank everybody for being in this business and walter and i will move out into the desert uh searching for beautiful rocks that we like to find every once in a while two things there a i've never been on a on a on a donkey and two i don't go out in the desert looking for rocks so i try to find pebbles here in the market and the my pebble today is notes and bonds watch them folks they might have a rally uh and if they if they close really badly today below all these numbers just get out of the way because rates are going to go higher and higher and the bonds are going to be you know but i can't recommend being short bonds and notes in here folks it's meets all my objectives we'll be back with you tomorrow live every day in an attitude of gratitude and may god bless