 Good afternoon and welcome. Welcome to SOX will show mark a review of the QQQ's may do a review to this evening of the spy as well But for right now this afternoon I want to go over the QQQ's because I'm actually long this today and Usual for me to be long the market or short mark doing anything with the market because they usually play stocks or companies that gap I'm in an ETF today and the reason is because I knew today the play was long the play was long today. There was no Bearish gaps that I was enthralled with today. I know in a week before a holiday. You're you have to be very picky with what you do Extremely picky with what you do Okay, you're better off on these times of the year to not train unless something is good Again, this is where the conviction helps you and this whole market. It just screams Conviction is a big lesson for people to be learned with this market, which is what? You got to have the right information You have to have the right knowledge base if you know the right information in the right knowledge base Then you won't be able to trade successfully for any length of time And what I find that people lack is conviction in what they're doing because it all the knowledge base What I teach people my golden gap class is knowledge that knowledge gives you the conviction To take the risk in the market to take the trades now once you have the knowledge You still have to get the conviction the conviction comes from the knowledge though That's how you make a decision couple with action decision with action produces results. The problem is that many many people lack Conviction in anything that they're doing on a strategic level because they don't have a strategy or don't understand what to do And therefore when the wind blows by and says the market is falling or crashing or doing anything They want to go with that wind and if the wind blows by in a different direction to get with that wind And then there's 20 other things that happen And then you're all over the place and you're going long and short the market And you don't know what to do and you have to zero conviction You should have negative conviction so you could you could have negative conviction actually Anyways, the reality is though that the market's still higher and the QQQs this counts as a whole this is holding This will hold today. I did think this would hold I Never said in any video that the market couldn't come down in here the way this did in here and still hold I said the market could come down and if it holds it's still higher and so we'll make a new hot Did I think it would come down in the last week? No, does it matter for the overall look of the market? No, why? Because there's nothing bearish in here and any trading action that signifies to me a change of control Now listen to what I'm saying. This is actually important And I review this today in the room, which is one of the reasons why it is so great for people to be in the room And you miss a lot if you did the class and you're not in the room because I talk about stuff in live time But you learn enough in the class to trade on your own But stuff like I talked about today's extra stuff extra teaching above and beyond it the control in the market here is bullish There is not a change of control To make the market bearish Now could you have shorted the market for a short-term period here and made money to the downside? Yes Was that the right thing to do though? No, why? Because who's in control the bulls are in control of the market the markets bullish There is not a change of control that took place in the drop-down that happened the last week Could you have shorted that and made money? Yes. Yes, you could have but is that the right way to trade? No, no, it's not because any day that happened in here in the last week may not have played out that way I knew could not have determined with a hundred percent conviction that it would have come down the way It did because not everything has to pull into support. That is wrong Okay, and any morning that he got up the market could have gapped up and taken you out and continued to go higher Just like it did over here So the reality is that it's not a good train It's not a quality train to be short this market because the control is still on the side of the bulls There's no change of control here to go from bullish to bearish and it's just not gonna happen Okay, how do I know because of the knowledge that I have in gaps because of the fact that I know how to read price action That's how I knew the market here was along today Immediately immediately. Okay, I saw the market was along today And I knew this morning actually that the play was long and I was trying to find a good bullish gap I just couldn't find anything that I liked But the reality is that this market is higher still setting up to make a new hot before the end of calendar year which is in less than two weeks and still seeing the playthrough for 2015 to be an incredibly bullish year in the market and the market is going to go Some numbers in 2015 that no one's expecting numbers that I'm calling here for the longer term trades for the rally Target today for the market is one of two one of two fifty one of three Dream target in the market today if it rallies is one of four. I'm not saying it gets there Even one of three would be a really great target for the market today one or two was realistic and she got there By the lunchtime period only 60 cents away So the reality is that when you choose, okay to short a Market like this Which people are doing because they have a belief system that the market's going to crash and the belief system comes from the fact That they believe that the market is extended If that's your strategic reason for doing this because you're trying to pick a top You can take a trade and make money having shorted the market the last week But it's not going to have any follow-through and it doesn't have any follow through and it will not have any follow through There isn't a change of control and in any day that you're short the market overnight You get up you could be completely blown out of it and that has happened. It's happened to play that already So it's the play in here is long Because the market's higher and the market isn't going to crash and there's no Justified knowledgeable credible reason for anyone to be calling this market to crash The only reason people are saying that is because they're saying they think they believe the market's extended But it's not extended. There's nothing here. Actually that is showing Extension to me people misread even price action when they see Extension people don't know how to read it and why why why why because people are focusing on the wrong information How am I able to all this like this because I'm focusing on the right information? And it's in the price action of the gaps and I know when something is bullish And I know when something is bearish and I can tell who's in control And I can tell who's in control which tells me where the power money is and the power money is what moves stocks in the market And the power money lifted the market today will carry the market over the high again And we'll lift the market in 2015 unless I see Something that changes that which I do not see which is not here now I cannot possibly call this Anything in here Nothing looks like a crash Nothing looks anything like a crash in here is going to happen and nothing looks like a top Okay, and there is no such thing as a top anyways because that's not a strategy There's no strategy There's no strategy the strategy I train is gaps. Okay, so I rent the gap down today to hold The market is bullish. Here we go. Here we go. Here we go. We're gonna hit up over one or two It's gonna fly over that one or two fifty here it goes here. This market goes right here. This is bullish Activity this is buying this lifting the market the market would not be doing this on a gap down unless the market was being bought And that's the other thing where this this is really skilled or read this whole market here That's so higher real skill and it's still that I have it's a skill that I have you can learn from me You can learn this from me. I teach a class Do you if you don't if you don't if you are so if you don't have conviction if you don't know the right knowledge You'll be swayed by anything that happens one red bar. You think the markets crashing one video you watch on TV You think the markets crashing you any much ten and you really think the markets gonna come in you You you know the knowledge that I focus on I stay true to I'm I'm in integrity with what I know and That's I make the calls and follow through and I don't get swayed by something like this Could I have jumped in the bang-bang when everyone else is the markets going to crash? Yes, could I've said it in here? Yes, did I say it in here? No, I said the markets gonna hold gonna hold the hold the main new height It did I'm saying here the markets gonna hold gonna hold gonna hold and many new height is going to I know how to read Priced action in charts and the market and that's how I'm calling these things before they happen I'm seeing the follow through the control is on the side of the bulls That's how I know the market is higher if I see a change of control. I will know it in the moment but that's not happening here and so It's not But I think one of the things a trader struggle with is they don't know what to do So they're easily swayed. They don't know what to do why they don't have the right knowledge base or information Of what they're supposed to be reading But you get that for me if you take my class that knowledge gives you the conviction Okay, and my heightened Conviction and intuition which I focus on and stay true to allows me to see things far into the future and in advance and I'm continuing to do so and That's how I'm calling the market hit some of these numbers that it's never reached That's how I'm calling stocks to do things that No one else is that time calling the entries and I'm calling I'm calling entries and things in the first couple minutes of the day before it's even set the trend of the day And I'm calling an entry in something and I can determine the direction of bias I'm what a stock of the markets going to do in the first five minutes of the day before it's even done anything or said even in a One-minute trend. How am I able to do that? I'm able to do that because I'm reading the gap. I'm reading the gap I'm reading the price action of the gap bullish bearish if it's gonna buying selling shorting I'm reading it and you can learn how to do this from me Many many people train Successfully because they have a lack of conviction in what to do no strategy Don't know how to re-control and are swayed by many things that are out there that are false And many many things are out there that people are guessing like guessing that the market's gonna crash so Everything still looks fine Market didn't have to come down to this level But it did Market is holding this level and it will market will rally today 102 is the first number It's actually gonna get there 100% conviction and we'll see where it goes from there Probably a 50% retracement of the bar from yesterday at the very least which will be 102 25 ish earlier abouts and A lot of people in the works coming all the way down here A lot of people think the mark is crashing a lot of people are short this market And I said the shorts aren't gonna give up on shorting this market Even if it's new high people will short it, but the shorts aren't gonna give it up until way into 2015 Like it could be the summer even the summer the summer of two that it could it could be the summer of 2015 before the shorts give it up and stop trying to short the market Literally, which is so long away and they'll have missed all the opportunity to buy in here They don't go long people Who controls the market power money power money controls the market power money control stocks They sell things they buy things they short You have to know what to read to do in the live day if you want to make money as a day trader And if you want to make money as a swing trader core trader You still have to know what to do you have a little bit more time to think about it But you still have to know what to do and actually more time to think about something doesn't necessarily mean you're gonna see it Any clearer any better because sometimes people take a long time to think about something Can't even make a decision if the wind blows by you and it changes your mind and swings your decision on something You have zero conviction or negative conviction and you will not be successful as a trader You've got to have the right knowledge base. I teach that in the Golden Gap class and on top of that I'm teaching people how to have conviction and by golly. I have conviction the markets higher and the market is higher And this is an amazing call and a great call and it is going to happen and play out and the reason I know this is because I am in touch with what is happening in the price action in the market And I know how to read it and I stay true to myself And I'm not swaying when the wind blows by me and every one of the appliances the markets gonna crash and it's not higher I know that that's not true And I'm staying true to myself and I read it every day and I double-check what the information the knowledge they're reading the price The price action the gaps and as long as I see everything the way that I've been seeing it and give me the confirmation I know that it's going to continue to play out this way And if I see something different I will absolutely say it because I'm honest with myself in my reading and again In reference to my business model if I thought the market is going to crash I tell everyone in the world to short because I love to short myself, but this markets along I'm on the market today, and it has a potential to go to the dream target and here we go We're heading up to 102 So if you're interested in taking the next Golden Gap class, it's in January January 2015 there's no more classes this year But I am running some specials between now and the end of the year if you do want to sign up for the Golden Gap class In January pre-register. I'm offering some specials. So check the emails this week email me if you want to know them Okay, Melissa at the stocks which calm have a great day everyone Have a fantastic day and learn how to trade to learn the right knowledge. You can have conviction of what you do It's the only way you will consistently make money as any kind of trader Have a great day