 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. Okay folks, this is a chart of Bitcoin going over the past couple of years. You notice we made a high of 69,000 way back here in October of 2022. And then of course, we came all the way down to 16,000. And I do these ABCDs here the other day. John Jameson gave me this chart and we were looking for the ABCD to come up here right around 64,000. I just wanted to show you what happened. And this is what I'm just going to give my two cents worth folks. And if you pay more than two cents, you've overpaid. But let's take a look at what Bitcoin did when it got to 64,000. We got the 64,000 and it dropped 9% in 15 minutes folks. It dropped all the way to 58,325. Now we're back up there again. We're right around 63,000 again, which is, you know, that's that's the way these markets go up and down. But the problem that we have from my perspective and believe me, I'm a skeptical little rascal because I've been around for a long time. I've seen all these things happen and I'm a little a little nervous when I when I see things happening. This doesn't have any utility from what anybody's told me. I mean, you know, it's just a bunch of numbers and dots. You can't put it in your wallet. You can't put it on your desk. You can't put it in your car. Take it for a ride. You can't do any of those things. But let's take a look at a few other. We'll start out with the tulip mania. This was the one from 1636 to 1637. They had a tulip bulbs started at about 20 bucks. I believe they got to the price of a house during 1636 and 37 right up in here. It was around 10 to $20,000 for a little tulip bulb. And of course, from February 3rd to May 1st, they went back to where they belonged, which was about four bucks. So anyway, that was the tulip bulb mania. And I remember this was long before we had charts. This was drawn by someone from one of the economic firms that outlined what was going on. But that that was that one. We do have another one here. This was really important from my perspective because I'm such a big fan of Sir Isaac Newton here is the this is the one from the South Sea Island bubble. Now Isaac Newton began buying down in here. Okay. And when it got up to this level right here, he sold out. It was about I believe he said it was near 10% near the high. He said he was fair just he had to get back in and he got back in and when it crashed, he didn't get out and he lost everything. This was one of the smartest men in the world as Isaac Newton said, you know, not Isaac Newton. Albert Einstein. I'm sorry. Anyway, just be just be be careful up in here folks. I mean we start to see stuff like this and then yesterday what happened was one of the I think it was Coinbase or somebody like this basically erased all the accounts and they had no knowledge of where they were. Now they reinstated everything, but for a period of I think three or four hours, they didn't even know where they had it whether they had Bitcoin or not. They would just disappeared. But when you got something like that, you know, something's not right folks. Come on down here. I don't know anything about it. Maybe this greatest thing in the world, but boy, when you see things like that, you know, I get a little scary. You know what you scared me a long time ago is when they start feeding me what we call it negative interest rates. That's what really scared me. Okay. That's what really scared me. So anyway, this is what we're paying attention to. Now let's take a look at another bubble that was near and dear to our hearts going back just a few years ago, 20, wow, 24 years ago. Here is the dot com bubble. You see it topped in March. The Dow Jones topped in January of 2000. Okay. This one topped in March. Then we had to break and it went from 49,000 all the way down to 1100. It was right after this was the 9 11. Okay. 9 11 was right there. You see we made a low on 9 11. We rallied up. And then we came down and made the final low here in October of 2002 from there. We went to 18,000 where we traded at today. So that it can you can hurt really badly if you're in something like this and you don't want to try to get involved with that. If you can possibly get away from it. I'm just giving you some warnings here folks from my years of experience. I've been through all this stuff. I've folks I never owned a share of a dot com company through any of this. I didn't I don't trade stocks. I was in futures and stuff, but I did. Okay. I mean the 2004 right at this bottom here is where right right there is when I first met Tom Hougart and Tom was just beginning to you know to get into well he was into trading, but he began to trade professionally around that time. And so we had a lot of fun during this is where the market came down. If you remember into 2009 March the 5th, which was a big day and that was the bottom of the market and it's been going up ever since. So these are just you got to be when you see vertical markets like this folks that when the only way up the only way is down. I mean come on Isaac Newton said for every action there's an equal and opposite for reaction. It might take a little longer than we might think to get that reaction, but we usually do get it. So let's pay pay a close attention to where if you're in Bitcoin, I don't know if you can use stops in that market, but just be really careful. I know some people have made a great deal of money and I'm not sure whether many of them belong here to TF for an internet, but I hear you know bits and pieces of people have made a great deal of money and I'm happy for them, but let's take a look here at the German Dax here. Look at this. Look at this beautiful picture here. Six days down stopped right at the exact 382 goes up makes a perfect ABCD three drive to a top pattern and now it's backed off a little bit, but still very little. See we're just looking at patterns and all patterns are doing is telling us to be careful. And when you see a market that is doing something like this where you see a huge movement and it's great if you can make money during all these things, but if you if you just looked at this from 58,000 up to 62,000 and then down to 59,000 that tells you're going to get right around 63,000 for an ABCD and it hasn't been any higher than 63,000 so far today. There's your a b c d and it's coming in right at the 78% level of that whole move a b c d right up in there. So just be careful. That's all I can say, you know, and that's what I'm sticking to and that's what I know and that's what I'm going to do when I was first really getting heavily in the market. This was in the 60s late 60s. I got involved in a great Russian grain robbery during 71 72 Russia was buying everything in sight and they were the trouble is they start selling everything in sight in the middle of 73. So the bear mark or the big grain robbery was all already over by July of 73 and what did the market do? It went into a vicious bear market for 18 months taking it down into October and December of 1974 when the Dow got down to 500 that was as low as it got double bottomed in October and December of that year. Those were these types of things that we seen in the past. Now this isn't the same thing. This is what we were looking at in October of 1974. It would been the same that we were looking at this like we had March of 2009. So these cycles are there. Sometimes they work. Sometimes they don't but stay tuned. We're going to look at some markets live and see what's going on today. So stay with us. Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master. Steve won the prestigious Timer of the Year Award in 2018 and barely missed that mark again in 2019 finishing at number two for the year an amazing accomplishment. Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge every day in his Mastering Probability Newsletter. Steve's award-winning newsletter Mastering Probability is delivered every trading day with updates throughout the afternoon. Sign up for Steve's Market Newsletter Mastering Probability and you'll receive access to seven of Steve's educational webinars absolutely free at TFNN. All our newsletters come with a 30-day money back guarantee so you have absolutely nothing to worry about. Visit TFNN.com and try Mastering Probability 30 days risk-free today. TFNN Educating Investors. Are you ready to take your trading to the next level? Introducing Tom O'Brien's award-winning newsletter Market Insights your key to successful active trading. Tom O'Brien renowned for his expertise in the financial markets has designed market insights to be your daily guide to profitable trades. Tom publishes his Daily Market Insights newsletter every market day before the market open along with updates when warranted. Stay ahead of the game with Tom's real time analysis and trade recommendations delivered straight to your inbox. Whether you're a season trader or just starting out market insights provides the edge you need to navigate the markets with confidence. Ready to join the ranks of successful traders head over to TFNN.com and subscribe to Market Insights today. Don't miss out on this opportunity to supercharge your trading results. Market Insights comes with a 30-day money back guarantee for all new subscribers so you have nothing to risk. Don't miss out on this opportunity to revolutionize your trading game head over to TFNN.com right now to join the thousands of traders who have already experienced the power of Tom O'Brien's award-winning newsletter Market Insights first hand. TFNN Educating Investors Are you ready to take charge of your financial future? TFNN is your gateway to the world of trading and investing. Whether you're starting out or scaling up TFNN empowers traders and investors of all skill levels with top-notch investing systems strategies and techniques. It's time to protect and grow your money with insight you can trust. Join us live Monday through Friday during market hours for exclusive content that moves with the markets. At TFNN we bring the trading floor to you. Our seasoned hosts are here to answer your calls and questions live on the air. Check out the Tiger's Den for just one dollar and follow us on YouTube and become part of our vibrant community. And remember at TFNN we're so confident in the value we provide that we are for a 30-day money back guarantee on all new premium newsletter subscriptions and services. You have absolutely nothing to risk. So why wait? Tune in live to Tiger TV and transform your trading journey because when you know better you invest better. Join us and experience the difference today. TFNN Educating Investors. Call now. Toll free at 1-877-927-6648 internationally at 727-873-7618. Okay folks this is a little more of the old A-B-C-D. This is crude oil. We talked about this since the last couple of weeks. We had that three drive pattern measured here to 79-61. The high was 79-62. What we're going to do now is we're going to blow this up a little bit and then go down to a smaller time frame so we can see the action that's happened. And this is what we had. This is our number yesterday. We broke all the way down. Had a $1,200 profit at one time. Then it rallied. You'll see this absolute perfect. There's your X-Bot right here. There's your A-Leg. There's your B-Leg. There's your C-Leg. Right at the old 786 right there to the money. And now we've come down. Dropped almost another $1,000 from that level right in here. So if you're only risking like on this particular trade to be risking about 60 points for $600. Once you've made $600 what you want to be able to do if you trade two contracts. If you can't trade two then you can't do this all the time. But you want to start booking some profits because these markets have a tendency especially nowadays when they're so volatile that you're able to look at what you're seeing here right now. Now this is just a small small pattern that's right here. But it says it still has the possibility to go a little bit lower. Now if I'm basically out of this now because when it pulled back to this level right here. It was right at the 61% retracement. I'd sold it at 18. I covered it right here at 46. Okay that was a $750 profit and now I'm waiting to see what happens next. So the thing that I'm watching closely is if I go down to the smaller time frame. All I want to watch is to see if I get that magical little number known as the old 382. So all I want to do is I see the high that's right here. I top this in and there it is right there. It didn't get above that 72, did it? Now look you've got an A, B, CD coming in back here again. So we could hit this one more time and then it could start down. That's what I'm assuming it's going to be doing. When I see markets like this you can see these A, B, C, Ds that are here. You can't trade all of these folks in the middle of the night. In fact today I believe it or not folks, I hardly ever trade more than three contracts a day or three units a day of anything. Well, not units, but three things like the S&P, the Dow Jones. Though that's one thing and crude oil, gold. I have been in. I think I've had nine trades today. I've had six winners, two losers and one break even making a nice return, but to have that many trades on for one day is really unusual for me. But I've been up all night. And the reason for that is the old allergy things have kicked in here at the old Pueblo here in Tucson. And so the Palo Verde started blooming with all that rain we had. And I'm giving him my best today to keep keep awake to get through this show because I'm taking enough antihistamines to put me asleep for about three weeks. Okay, now that's what we're watching. Now let's go back here and take a look at the gold trade that I was doing. Okay, now here's where we had the gold. We had this move right in here. You can see we pulled down right before the report right down here to the exact 786 hit it. Absolutely perfectly. Okay, that told us that we were going to go higher and we did go higher. There was your old high right here. You can see the ABCD formation that we have. So we're just going to draw it in. See how close it came to that number we were waiting to see, which is right up there at around 12. Excuse me, 2060, I believe 2060 and change as I recall 2061 was the number we got to 2059. Okay, and what I did was that was close enough for me. And so I went in right about here at the right around 57. I sold it at 57 with my stop above here. Now what I've done now, I have my stop at break even my stop is setting it break even 57. That's all I'm doing. And so I'm just using that as a guideline of what I'm looking for. Okay, I, you know, that's, it's all about risk control. That's really, you know, what I'm really what I'm really all about. Now, if I had a gun to my head and I never do, this is the one I do right now. Okay, let's just get this. I would sell the old stop and be right here because at this point, you don't have to risk very much at all. 92 was a 618. Okay. All right. A high was 95. So if you can stand the risk here of six points, you want to get short this thing with a stop above here. Now stop and think this market went from 5106. It dropped 46 hand or 36 handles down to this level here before it rallied again. Hello operator. It's trying to tell you, Hey, this is not as strong as it might look. That's my two cents work and I'm sticking to it. All right. Let's move on here to the next one. Someone asked a question during the time of when I was in the markets back in 72. Well, I started real early, you know, back in the mid 60s, 64, 63. Most that's when I was trading silver and stuff like that. But when I got trading grains and stuff was corn, wheat, soybeans, soybean oil, soybean meal. And you know, I was just using simple cycles. You know that that's really what I was doing. I was looking from low to low to see if there was a 16 day cycle here. I knew ABCD patterns. I didn't understand the significance of them until much later when I lost all my money and I lost all my money folks. Not because of what the markets did is because how stupid I was. The reason that I lost markets would go up and then I would try to buy the first eight day pullback. Well, the eight day pullback would come just like right here. And it was supposed to go up for eight days, but it didn't boom down. It came and it did that for two and a half months and you can lose a lot of money in two and a half months trading against a trend. And that's exactly what I did. I took a seven figure account down to minus $2,700 and believe it or not, it was my best trade ever because when I got through with that, Don Mack handed me the book, the Gartley books and study this and you're going to be okay. And by golly, Don Mack was right. I've been okay. It's a little simple ABCD, but it's the one I like to use and it keeps me in the ballgame. All right, now let's move on here to the next one here that we want to look at and that question is the Christmas corn. It's having a down day, boys and girls, believe it or not. Here's where we are. We've had a rally now that rallied 20 cents. We've rallied from 45 to 4 to 65. That's what we've rallied exactly 20 cents. It's been our biggest rally we've had in this thing since so she was way back here somewhere. See this went from 50. This one only rallied 10 cents. This one rallied 20 cents. So my suggestion was if you're looking at this, there's the what it looks like. Okay, now we're just this is just a small pattern. Now all we're going to do as I said, look to buy the first 382 retracement because folks that'll get you into the ballgame here. Now we almost got there. You can see here we almost got to the 382 but we didn't quite. So you've got to wait till it gets there. That's at 458. That's 3 cents from where we are right now. You can buy it there and put 58, put a stop at right below 52. So you're going to risk $300 to be a buying, you know, starting your farm and growing some corn, but that's what I would be looking at with the corn. That's what I'm paying attention to. Now the soybeans have started to rally a little bit, but they're still not going anywhere of any significance. And that's why I'm not too excited about them as if you haven't been before I will be soon. These are the November beans. Let's take a little break here. 877-927-6648. We'll be right back. The Gold Report. As a precious metal gold is still king. 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Larry will also provide daily charts, videos and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30 day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com Educating Investors. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. Folks, now if you sold this here at 92, like I suggested, your stop has got to be here at 98. Okay? You're risking six points. That's all I can say and I am sticking to it. All right, now let's take a look here at the soybeans. Why I'm not too excited about the soybeans as of yet. Soybeans have been going down since Hector was a pup. Look at this. We had a high up here at 1320. Now we've dropped $2 a bushel. Look at this, you rally for one, two, three, four days and then you go down one, two days. One, two, three, four days. You go down again. One, two, three, four, five days. One, two, three days. One, two, three days. One day, two days. When you first get a rally out of here and it goes more than five or six days, that might be the spot to take a look at it. But that's what these markets are doing. If you know, look at this. You see the spot right here? This took one, two, three, four, five, six days to make that high. One, two, three, four, five. There's the sixth day right here. Now you know that's an important number. All you'd want to do is you'd go from the last high that it made right back here and see if that was a 382. So you put it in like that and you'll see that it missed a 382 by quite a bit, but it's still heading down. Okay. Now what we'll do is we're going to watch these go through because each time we've had a rally, it's made an ABCD pattern. There's your ABCD right here. Now you'll notice here that it starts going sharply lower. Look at this gap. You see that gap told you that it was going to go a lot lower and that's exactly what happened. So you had another high in here and another high in here. So you start following it down based on the number of days that it's rallied. That one rallied four days, this one rallied four days. Okay. And that's taken us down to so far as what has been the low, which is 1124. We're trading at 1133 right now. There's a possibility that this could be the low in the soybean market. All I wanted to do is to give me a five or six day rally, something like this and then buy the pullback. That way I'll have a pretty good idea of what I'm looking all about risk control folks. That's it is, you know, I whether it's like the S&P, someone says, what does it take you to pick up a trade? Very simple. How much do I have to risk? That's all I want to know. I had a little plaque that Amos Hostetter had on his desk and Monty Corp back in Princeton, New Jersey. And it said, is the pattern complete of what you're looking at? Yes or no? And you had to answer yes or no. And second is, has anything happened to change your mind about this position? Yes or no? If you could answer yes to either one of those questions, you could put the trade on, but if you could not answer either of those questions, in other words, it was no, you had to stay in the position. And that's how Amos made millions of dollars because he held positions through the most ungodly loss. You know, he would be, he would be, he would be bullish soybeans here and they'd be all the way down here. But when he sold them, they would be off the top of the page. I mean, you wouldn't think that that's how he made his money, but he did. You know, he had a, he had a fundamental structure of what he thought the market was going to do. He stuck by that and he made lots of money for a lot of people, but he had tremendous drawdowns on the way down. So I had, you know, as my age now, I don't want to mess with the drawdown part. That's, that's not, that's not in my, uh, not in my bailiwick. Okay. All right. Let's get this out of the way here. I'm trying to give you as much clear information as I can today. Let's get up here and take a quick look here at the, uh, the mini S and P in just since we've got a trade. Oh, let's, let's just clean down window tile vertical. Get up. So I messed something up. What did I get it? Oh, I took out soybeans. I'll bet you shut the front door. Yep. I took soybeans out. I got to put them back folks. Hold on to wise. I've got a big problem here. Here's go soybeans. I got to get back up here to my old sx and they'll be right there and I'll put them back in here. All right. And then I'm just going to put the window in right here to tile vertical and then I have to do one other thing and I've got to save that layout. Otherwise, when I go back, I'm not going to be having it and so that's it. So anyway, this would be one that if you were day trading today, I would be watching this one right here in the S and P I would have been selling that right there at 92. My stop is going to be at 98. I actually got to be a little bit above 98 because that's 98. So you'd have to put it at 99 would be the stop be risking 7 cents 350 bucks. Hey, this thing's worth a quarter of a million bucks. So that's not a lot of money. All right. So 350 bucks or 400 bucks out of a half a million quarter of a million is not very much for as far as risk. Okay. All right. Now someone's asked a question about wheat and that was one of the things that I said in the news of the last night. Let's get it up here. I said, if you're going to buy anything today, look to buy the wheat. And the reason why is wheat has made that nice little rally. You see how it's had a pretty good rally there for a couple of days. That's a pretty good rally. We went from 560 all with rally 30 cents and wheat. That's a great deal. Now we backed off for a few days. So if you buy the retracement, you're just there's your low. There's your 61% retracement here at 571. And we said put your stop right below here. So if you did that, you got a little bit of a profit in it. You had a little more of a profit a little while ago, but at least it's in a profit. So that's that's what I'm trying to find the same type of pattern here when the soybeans get ready to bottom. And boy, when they do folks, I just thought of something funny. Just I have to tell you a funny story. Well, since we kill some time here, I'm in Atlanta, Georgia, 1970 with Eli Lilly and I'm meeting one of the big top doctors surgeon down there that Harlan Stone and he was anti Lily. He just didn't have much respect for Lily for some reason. They sent me down there trying to get the Keflin on the formulary and so I got out of the plane and I hopped in a cab. It's raining like heck and I get in the cab and I said to the cab driver says, boy, is it raining and the cab driver was African American and he grabbed my tie and he pulled me halfway through the glass and he said, don't you ever call me boy? And I told him, I said, sir, I said, I'm from Tarrot, Indiana. I said, I grew up in a black neighborhood. I said, I don't have anything against you folks. I said, I just say boy because you know, it's a euphoric exclamation point. And I said, I don't go along down here. Pally said, you better lay it off. So that was my talk about that. I still say it all the time because the old roots of Tarrot, Indiana stuck with me all these years. So anyway, that's why I was looking to be a buyer. This was easier one to buy than if you were trying to pick the bottom in the in the soybeans. I don't think they're ready yet, but boy, they will be. And when we do, we are going to be pyramiding the contracts. In other words, I have done this in the past. I haven't done it for quite some time, but since I'm in the twilight of my trading years, and I can see that one and a half furlong final resting post up ahead, we're going to be doing one of those for soybeans this year. I did one and doesn't make any difference. That's history. You don't want history. You're you're interested in the mystery. So let's move on here for just a second here to look at something else. And that is soybean oil would be right back with soybean oil folks. Very important. Stay with us. You don't want to miss it 877-927-6648. 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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The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Foreside Fund Services, LLC. This program is brought to you by Vista Gold, traded on the NYSE American and TSX under the symbol VGZ. Okay, folks, early 1975, I had been studying the Gartley book for well over nine, ten months since I had lost my money in October of 74. And this was now, we started into January of 75. And I found this Gartley pattern similar to one this one was right here. And soybean oil was trading at a very, very small price. I think it was like $12 a pound. It was really, really small. So he didn't have much margin to work with. Anyway, I started to accumulate positions in the December soybean oil. And then about six months later into June of 1976. Yeah, into 76. That was about seven months. Soybean oil had moved up about 10 times. It was trading now instead of 12. It was trading for some ridiculous amount of money. I think it was around 70 cents a pound or something like that. It was just really quite high. A lot of folks have been following me. We made a lot of money. And on that particular day, you know, we have these life changing things. And the report was so bullish that they said the only soybeans that you're going to find are those in the Smithsonian Institute. When I read that, I said, oh, dear God in heaven, something's wrong, just like these dudes that are in this thing with the crypto stuff, same type of stuff. Anyway, we start writing sell tickets, put our stops in really close. Market broke that day with that bullish report was down the limit three days in row and went down for a year and a half. And that meant that the market had already made its move. So what I'm going to try to do is do the same type of thing with soybean oil or soybeans, November soybeans, and we're going to start adding to positions because that's what I did during that time. Every time I had doubled the someone's account and most of these accounts were five and $10,000 accounts. But when we cashed them out, they were worth the six figures and up. So every time the market doubled, in other words, if we go from, let's say, 45, okay, and your margin on that is 45, it's 600 points, okay, 600 points. When you go to 46, I would add another one, okay. So now you have a $700 profit and you're adding another one and then you add another one and then you add another one and then you add another one. But what you have to do is you want to do it in the context of what the market is doing. Remember, when soybean oil went up at one time, let's go back here. You'll see here, this is where we were in June. Look how the market went up. You see, if you started your program right here, okay, and then bought the first pullback right here, which was probably exact 382. Okay, there was a 382 right here. Did it make an ABCD on the way up? Let's just check and see. There's ABCD. ABCD will be the one for me. How close did it become? We came high was well, missed it by quite a bit. It missed it by half a set. 60, 11 and 60, 52 should have been the number and then we made a double top in here. And then, of course, the market started to go down and that happens all the time. But what we're going to be doing is we're going to be looking to be adding during these times right here. And if it's really bullish, remember, these haven't even been planted yet. There's nothing in the nothing that they don't start this until right in here around the end of March early April. The planning intentions will come out and they'll say, yes, the soybeans are X number of acres and they'll give you a rough idea. And that's when you want to start looking at what you're looking at. This thing will not start to go up until this trendline right here. You can see that long term trendline sets right there across these numbers. Once that's taken out to the upside that might be the place where it starts to go higher. So that'll take quite a while because look, even on this little format right here, just taking this small little pattern right here. It's got to get above 46. It's got to rally a whole scent just to get it above that 61 percent rate. But that would be the first sign. Yep. We made a lower low here and now we're starting to move higher. So these are the things that I have to be watching for each day. I do the same thing in the meal and I do the same thing in the oil. I do all the same. So I hope that makes sense and what I'm going to be doing, but it's going to take a little bit of effort. You're going to have to have nerves of steel. You're going to have to put a little trust in the old cowboy. But, you know, I've been to this rodeo a few times and I know how to do this. You're not going to risk very much that much. I can promise you I've been to that. I've been to that dance. I don't want to. I don't want to go to that dance anymore. I don't want to risk very much when we start this. We'll risk about a thousand dollars and on the way up we'll be adding with money that the market's giving it to us, protecting ourselves all the way up. Yep. We might get shaken out once or twice. We might have to start over once or twice. But when the when the opera is over, the lady will be done singing and that's where we want to be is in that opera seat, making salutations, having a little bit of a Dom Perignon 55 as James Bond would say. Anyway, so that's what we're watching here in the near future here for this. Our guests next week. We're going to have a Stan Harley and we're going to have Bill Meridian as our guest cycles research. Hopefully we're going to have Tim bossed. He's having a rough time but I think he's going to be able to come back on and he's got some good stuff. He had some really great trades. We weren't able to follow through with him because he had a little bit of a relapse. So we're going to have Tim on next week to see if we can get some more, you know, information from that. Let's take a quick look and see where we are with our stop and P position here. Here's where we are right here. We did it right there and you'll see. We're out about a point. One point not too bad. Remember our stop would be above here. I got my limit. Minder on because I want to see if it pulls back down below this level. That would say, well, he didn't hurt us very much. It only went against us by four, four, four points. You stop would have been here. So that's all I'm saying to me. This market that broke this much if it went from 06 down to 74 that is 36 handles. It wouldn't have been. You know, I know it's rally back, but I would think that it would be a lot more bullish. You can see here. Here was a bullish enthusiasm when that number came out and yet everybody that bought that stuff in here one time had a loss. So that's that's what I'm paying attention to is how much do I have to risk to see if this is going to be something that's going to roll over and maybe make a couple of bucks on the downside. So what I'd be looking for today because we've got a couple hours to go today. I would be looking for potential of a market like this. We had an ABCD pattern here. This would really shake them up, but can you imagine just risking that amount and looking to cover at 50 62? That's 32 handles. You only risk an eight and low operator. Those are the kind of trades that you like to find. You know, that's the way I look at it from the cheap seats here in Tucson, Arizona. If you have any questions 877-927-6648 in March, I'm going to have one of my day trading days where we're going to be live training for four hours. That'll come, I believe, around the middle of March. And so that'll be fun to do and be another three weeks or so before that gets off the ground. But we've done six of those. We've done pretty well. Had a lot of fun and people enjoy them. So we try to do two a year and our first one will be in March during that time. So anyway, that's what we're paying attention to here today with these trades. I think that's pretty much what I wanted to see about everything here. Let's see how much we got here on the old clock on the wall. 42 seconds left. Well, this is what we call dead air time, folks, because I don't have much else else to say here. Let's take a look at this gold trades. I really want to be short the gold. And I am, but I haven't got stopped down yet. See my stop is right there. So all right, let's take a break. 877-927-6648. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals. Sign up for Rocket Equities and Options Report today with a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your subscription today, visit the front page of TFNN.com. TFNN, Educating Investors. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from Veteran Day Trader Larry Pezzavento on stocks you need to pay attention to. And you can trust Larry's analysis. After all, he's got 45 years experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. 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There's no cash or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. I believe we have a lucky caller. Dave, are you there? Up. He must have just a question about the hogs. These are lean hogs, folks. I'm going to draw in here. If you'll never guess what this pattern happens to be, what would we call that? I think that's what we would call it, right? Anyway, this is what's happened. You can see here over the last five days. We've not gone very far. Let's just blow this up and you can see here. Okay, hold on. I think we've got a question here. Dave is in the house. Dave, are you there? I am here. Okay, I am bearish lean hogs. I think I would be a seller anywhere where they are now. And I think we're heading down to 8240. We just made that really big ABCD pattern. And if we were to repeat what had just happened, we should get down to right around 6340 is what I'm looking at right in here. So your risk here is about one and a half cent and your profit potential is three and a half to four cents. So that's a really good risk-reward ratio. Fantastic. Thank you very much, Larry. That's all you need? Well, yeah, following you on the the bean oil and then the corn with the new crop. Well, we're ready. So just be patient. Hey, when do you you must be a farmer, right? No, no, I am a semi tanker driver. Oh, okay, good. Well, almost like a almost like a farmer. Anyway, they start they start planning. They start planting corn towards the end of March early April beans a little bit later. But that'll be coming through here. The thing I like about these hogs is for the last four days, we haven't been able to rally at all. You know, we know we rallied one or two pennies and it looks like it really wants to head down to around 83 cents and hasn't broken yet. But it looks like it's in the, you know, potentially headed towards that reason, that area. Cattle have already broken heavily. So the hogs are not usually too far too far behind. Hey, thanks for joining us, Dave. Happy holidays. I'll send that 20 bucks just as soon as I hit the next race at San Anita. Okay, okay. Have a good one. You bet, my friend. May God bless. See on the flip side tomorrow, boys and girls.