 Wing is a presentation of TFNN. Trade what you see with Larry Pezzavento all now toll free at 1-877-927-6648 or internationally at 727-873-7618. Now Larry Pezzavento. Okay, looking good Billy Ray feeling good Lewis. Well, I posted a chart from my good friend Tom Hogart of Trader Tom and I put it up here. It's about new moons and stuff. And you'll see here that there was one in 1929 and there was one in 1987 and there's one in 21, 10 and 21 folks. Let me explain something to you. We have two of those every month. So whether it means anything or not, you know, I'm not really sure. We do have some similarities that are worth looking into, but I do believe and I strongly believe they're going to be entering into one of the most important six weeks of the year, culminating sometime around November the third, but we'll be looking at that more and more as we go into this later on this month. Next week is going to be a very full week. We have Paula Webb, Mark Douglas's widow. She's going to be carrying the torch for Mark since she has been over the last four years. She'll be a guest on Monday. We're also going to have Stan Harley, a new guest, Jeff Cooper, who I've known for 30 years. His father was a very, very famous trader in the Los Angeles, Beverly Hill area. And Jeff's carried the torch for him for many years. And then we also are going to have Tim Bost and Jeff Hughes. So we're going to have a full week next week. And I think we're going to be in an area of the market that will be quite interesting. So let's, let's, someone's asked the question and I'll try to answer it right now. And that is, it's about the astrology folks. When I started doing the astrology back in, I mean, I dabbled into it a little bit when I was at Drexel, but I had 21, 20 men with me. Jim 20 men was, was my sidekick. And he, he was really into Gann and he really knew astrology. And I didn't, and since I was the manager, I could pay for all of it. So Jim wanted to take a six month sabbatical. And so he did and ended up being a year. And, you know, he studied Gann, you know, a lot and a lot of astrology and stuff. And he was involved when, when Mary Rivers came in and did the astrology stuff. I've gone through that with you. But I really didn't get into it until Dr. Miller, Dr. Ruth Miller, contacted me in August of 86, 1986, when I was there in Avila Beach and living, we're living with John Rafoni. And she showed me that these markets were related to Fibonacci, Fibonacci was related to astrology. And that's what got my interest. The way she was able to bring my interest to a peak was that she showed me that the Venus Uranus cycle was 255 days into 365, which is 0.618 of the year. And if you look at the four major, you know, aspects, you have squares, trines, oppositions and conjunctions. Oppositions are 180 degrees conjunctions or starts at zero. That's the new moon. Oppositions are the full moons. That's the type of thing you're seeing. But if you, if what we did was she said, okay, I went down, I went down to Sarasota, that was around the 1st of November. I left about the 28th of December, as I recall, I was there almost two months. No, actually, I left in October and I, and I left on right after Christmas. And I came back on, I think the 28th. And that's when I started, you know, doing the book. But, but the reason why I looked at this, I said, well, I was really skeptical, but I needed a break. And she was always, I mean, I didn't know Ruth as well. I mean, her sort of husband at the time, John, and her son, Terry, were my, by biggest grain people at Drexel. I mean, didn't have many, but they had a huge farm and I hedged the soybeans and corn for them. Plus, I did a lot of, we did a lot of speculation and we were very successful at it. But I only, only met Ruth probably four or five times over my lifetime, even though I talked to the two men every day. Anyway, they both passed away relatively early. But what she tried to show me was that these Venus Uranus conjunctions and opposition stuff were related to Fibonacci. And I said, well, how are we going to prove this? She says, we have the dates. She says, why don't we ask, you know, our friend, Neal Michelson, down at the, what was the name of that kind, Astro, Astro Cape down in San Diego. And he had all of the aspects. So all I had to do is give me these aspects that we 21 took to computer. And remember that this was 1980, 1987, 86, 86, 87. So there was really, you know, not like it is today. And so we matched up the dates, you know, with these. And we found that by golly, these look like they do work pretty good. And so we started looking at some other, and this is what I put in the book, you know, Astro Cycles, the Traders' Viewpoint. And one of the things that was in that book that caught the attention of Frank Tauscher, who wrote the Super Traders' Almanac, was the fact that this P index, this Pesavento index, I wanted to call it the, the Miller index, but she wouldn't let me do that. Basically what it means is that there's so many aspects occurring, you know, on the standard deviations that we talk about when we do the Floor Traders' Handbook, if you go to one standard deviation or two standard deviations, well, the same thing is true of dates. So if you've got a date, let's say where there's only two aspects occurring, okay, or there's a day where there's more than 13 or more, that tells you that you're in the 90th percentile of cycles that are entering that timeframe. So all we do is we watch for those very closely. Frank was so convinced that it was so important. He called it his number one timing. He put it in his book and put it in the book and everything. It's the number one timing vehicle that he had. And up until the time that he passed away, he said that it was still the best. Now, the problem is, about 10 years ago, these astrologers start adding a whole bunch of stuff in it so that you really can't see it when you're looking at an ephemeris. I mean, before, all they had was the major aspects. Now, they got all these little things that are out there that I have no idea what they are. So it's basically unusable for me. So it made it a little difficult to do that, but it still works very good. If I could just figure out how to do it, I probably ought to put Shane Smollion on it because he would be able to figure it out pretty easily, I would guess. But that was the way he operated and he was very good. Frank was hands down the best trader that I ever knew. I knew Amos Hostetter. I had lunch with him once and I met him one other time. He died in January of 75. I met him in 72, 73 era. But I didn't know him very well. I knew who he was. He probably may or may not have remembered me. I don't know. But Frank, I talked to a lot. I mean, he was he was hands down the best trader. I mean, we used to have these contests. You remember that they used to put out and everybody would get $100,000 of play money. Frank wouldn't have any of that. He put up real money. And not only that, not only did he win every time, but he beat everybody by 200%, 300%, 400%. He was the greatest. Not only that, he was one of the warmest, most generous human beings I have ever met in my life. He's a very strong, born-again Christian. He was a Baptist. He lived in Tulsa, Arizona. Larry stopped the presses. Did they move Tulsa to Arizona? Shucks the front door. Oh, are you kidding me? It's Oklahoma boys and girls. He was standing on the corner with his son after the markets closed and they were chatting. And his son was talking to his dad and his dad said something and he didn't finish the sentence. And when he turned around, he had died of an aortic aneurysm in one second. He didn't even get to finish the sentence. That's how quickly he died. What a great man. Anyway, we're going to cover some more about this stuff because something big is in the works and I want to try to share some of it with you. So we'll do that when we get back. 877-927-6648. Call in before the lines jam up, folks. Markets can rise and fall like the tides. Subscribe to Basel Chapman's newsletter, the opening call, and you too can ride the wave. Basel Chapman is an authority in technical analysis. His Chapman Wave trading system has been helping traders identify trends and capitalize on momentum in markets since 1984. TFNN invites you to test Basel's proprietary Chapman Wave trading methodology with a monthly subscription to the opening call newsletter for only $149. Your subscription to the opening call comes with a 30-day money-back guarantee as well as daily market updates on key indexes, stocks, and commodities. Ride the wave. Sign up for the opening call risk-free today. 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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 streamed live on tfnn.com and TFNN's YouTube channel with Tiger TV, live every market day from 8.30 a.m. to 4.00 p.m. Eastern. For free, each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at tfnn.com or on TFNN's YouTube channel and become the investor you were born to be. TFNN. Educating investors. Okay, folks, I posted a chart of gold from one of our good friends, a very, very large speculator in Singapore. And if you'll notice here that his price objectives on this happen to be at $17.45 based on this spot gold price. So it's very, very important bottoms. We have triple ABCDs down in here. Silver is acting a whole lot worse, but still holding above $22, which is relatively important. Let's get back to Frank Tauscher. He happened to be a big fan of Mark Douglas. I introduced the two gentlemen together, and they certainly loved it. But one of his, in his book, the Super Traders Almanac at the beginning of the book, there's a quote there by David Viscott, MD. He was a psychologist that really worked with risk, not necessarily with the markets, but just with risk. David ended up being very, very ill, and he took his own life because he couldn't stand the pain anymore. He had terrible brain cancer, and he passed away. He was a real gentleman, very sharing person too. But here's the quote that he wrote, not risking is the surest way of losing. If you do not risk, risk eventually comes to you. There is simply no way to avoid taking a risk. If a person postpones taking a risk, the time eventually comes when he will either be forced to accept a situation that he does not like or take a risk unprepared. Putting it in a short way, the way David White says it, sell when you want to, not when you have to. And that's a very, very important concept. So we all have to take risks, but we have to know what that risk is and be able to handle it. That's our responsibility to do that. That's what makes Tom Hougard, such a super trader, he doesn't mind if he loses 10, 15 times in a row, because he knows 16, 17, or 18 trades, he'll probably make it all back and many times. So that's the whole key is you've got to realize that when you do take a risk and you're going to be forced to do it, hell, you take a risk when you open, when you start your car in the morning for heaven'sakes, especially if you live in South Side of Chicago. Anyway, that's some of the things that I think that are really, really important. But David was a really, I never got to meeting, I talked to him on the phone a few times, but I never did get to meeting. Mark actually took a trip to visiting, but I never did. And Frank went to meeting once too. But I certainly didn't, both of those gentlemen, Frank and Mark Douglas, Frank Tausser and Mark Douglas, focused on the risk quite a bit. Now, I've missed a few markets here recently because I've been focusing on too much. We talked about this many times here folks here on the show here at TF&N about the cattle market. And if you'll notice here, we had this big ABCD pattern up there at that 138 level, the market went straight down, dropped 13 handles without an update. Look at that. I mean, it went out 11 days in a row, 13 days and it rallied exactly to the 382. We're now trading at 127 on the low end of that. And so that's a perfect 382 retracement again, working really nicely. Folks, I don't know if many of you follow the futures markets. I know a lot of you folks are stock market people, but we are seeing some really, really severe bear markets going on, not only in the hogs and cattle, but we're starting to see it in other things like corn. I mean, just yesterday or two days ago, the corn after making a beautiful bottom went up and made a 382 retracement. As did soybeans as we posted in there yesterday. I think I still have that chart here and we're substantially below that level right now. Yep, here it is. And I've done all the others too, but that's really what we're looking at. And it's making me wonder, maybe there's something more sinister out there that could be in the cards that I'm not sure. Remember, we have a very extended stock market. And of course, we have a bond market that's gotten hit. You remember yesterday, we went down to the 61% retracement in the Treasury bonds. And today, what did we hit when we're right down to the 786 retracement down there at 162.08. We're trading at 162.17 right now. So these markets are, they're a little getting a little bit tricky in here. So remember that it doesn't always mean, I'll update this bond market for you folks, so you'll be able to see it. Yes, Marshall is saying yes, it could be deflation, but Marshall, how could that be deflation? They're telling us that we have inflation everywhere. And we do have it on a short-term basis, of course. But overall, it's probably not. We've had real estate go absolutely through the roof. Muse cars and trucks are going absolutely through the roof because of the supposed shortage in the chip market. But you look at the chip makers, and I believe those chip makers don't look that bullish to me. I don't look at those charts, but I heard it on Bloomberg that they just don't look that bullish. So I'm just getting a little suspect in here. One thing I want you to try to do, folks, is try not to miss the show on Wednesday. That's going to be a really big show because I'm going to make a little announcement here. I'm not retiring or anything like that. I'm not quitting or anything like that. I'm going to make a prediction. And I just want to tell you to not to miss the show on Wednesday. If you miss Monday and Tuesday, but don't miss Wednesday if you can, or listen to it as if you can record it or not. So we'll remind ourselves of that. Okay, getting back to the markets, I think it's important. I just wanted to show you a perfect example here of just one second here. I got the wrong chart up. I wanted to talk just a tiny bit here about the stock market. Let me get this up here. We're going to use the Dow Jones because everybody looks at that one. But here's the one that we want to pay very, very close attention to because this is something that okay, Bill saying one chip maker. Okay, hold on one second. I got a couple of questions coming in here. Mr. Z is asking, does Jameson thinks that the Bitcoin could get down to the 20,000 level? I believe he's looking at around 25,000. Mr. Z is what I'm looking at. So I don't know. Mr. Bill saying on a chip maker is upgraded that it's up 100%. I don't follow the chip makers. All I followed was Intel and AMD. And as I remember, they didn't look that bullish, but I haven't looked at them in months. So I should shut up and not say something like, you know, hey, you know what I could do is I could actually look at the chart. How about that? Let's see how this is doing. Let's take the number one chip maker I guess would be Intel. So let's just see how the old Intel is looking to see if it's a bullish chart or whatever. Let's get this up here. Oh, wow. Boy, this is a real bullish chart on Intel. Shut the front door and raise a rent on this one. Holy moly, this is a bullish one. Wow. Man, give me some Intel. Shut the front door and raise the rent. Are you kidding me? And they say there's a shortage of this stuff. Get out of here. Who are they trying to kid? Got a third grader can realize there's no shortage of chips. Maybe Buffalo chips, but look at that. This is the number one chip maker. Let's look at it. Well, I don't want to waste any time with the stocks. That's not what I'm here for. We're going to take a break here, boys and girls. Please stop calling in. Al said the lines are just lit up so much. It's almost like a heat lamp in there, and he's having a little trouble. So stop calling in for a while, folks. Wait a few minutes. Wait about 10 minutes, and then maybe try again when the lines lighten up a bit. 877-927-6648. And we'll be back with you after we pay a few bills here for the O'Brien folks, and we'll be right back. Did I? I guess I messed that up. Nothing like dead sound, boys. You having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with? 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The art of timing the trade charts is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find. And right now, we're offering licenses available at only $79 a month. We are so confident that you're going to love this new charting software that will even give you a 30-day unconditional money back guarantee. Don't miss out on this incredible new piece of software. Get your copy of the art of timing the trade charts today by visiting TFNN.com. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of TFNN.com. As usual, the Den folks are a whole lot smarter than me. The price of NVIDIA has gone off the roof. I guess the SOX index also has done that. AMD is a lot stronger than Intel, of course. Still doesn't look, well, it's still bullish, but not like Intel anyway. Anyway, it looks like Intel is history, but the NVIDIA must be the higher-lin chips or whatever they want to do it. I don't know, but I shouldn't get involved with these stocks, boys and girls. I know Futures and Forex. And other than that, I get started out of my bailiwick. That's when it really gets tough here. So let's take a look here at the Dow Jones industrial average here. What's happened here over the past couple of months. This is going back a long way. Now, this is only, of course, the Dow Jones. The Nasdaq looks a lot different. The S&P looks different, but this is the one that's in the news all the time. You can see we made a top way back here in August, around the 16th of August. All happened to be right at a new moon. Now we've come down. This week we've hit a 61% retracement. We came down today and just tested that again, I believe, one more time. That's the third time we've been there. The low has been right on that number, as I recall. So we've been there quite a bit. Now I'm saying if we get below that 34,000, that suggests a major top has been made. Now remember, I did this on the 14th, which was a Monday, excuse me, Tuesday. That's when I was doing the show with the people in Las Vegas, the Money Show, and I was looking for a little rally to come in here. Those of you that want to do some history, go back and look at some of these other markets that have made some major tops in here and watch the patterns and how they unfold. I'm going to be talking about that on Wednesday, and I hope we have, Shane Smollion will be our guest. Hey, we've got, maybe guest on Wednesday, and we've got none other than David White from TFNN on the line. So when you have to, not when you want to, David, how are you? I'm good. I heard you comment about the chip shortage. Yes, sir. Please tell me what's going on. I thought I would just add a little color to the thing. How about truth? I brought it up on my show a few times. How about truth? Go ahead. But there's a shortage in the ability to manufacture them. There's a shortage of some key components, like kind of foil, not just actual copper foil and some of the other things, and why that's not a big deal to big companies like NVIDIA or Intel or AMD. The small guys that make all these little chips for a quarter or a penny or a dime, it's a big problem because all the big guys that have lots of money that make 100 or 200 percent on their chips per chip can spend the money to go to a Taiwan semiconductor and say, put me in front of those guys, right? So anybody that's making a chip, it's like 10 cents. And anybody that's ever dealt with a car manufacturer or someone who makes a washing machine or anybody that uses these chips that are always looking for the absolutely cheapest thing in the world, that's why they can't afford to double the price of their product because maybe they're only making 10 or 15 percent. But if you're a big company, it's problematic if you're not making high margins. If you're making a hand calculator that's a dollar, how do you charge two bucks for it? You know what I mean? And so the chip shortage depends on where you're at, but even NVIDIA or not NVIDIA and even Cisco with their computer routers this week said they're having problems getting enough parts. So there is kind of a chip shortage, but if you're making lots of money on it, you might as well be printing money. You just can't spend all the money you want. Okay, David, I've got a question for you. I hear about the thing in the, about automobiles that that's really the, you know, the big problem is the automobiles. Is that true that they can't even get these cars off the boats and stuff because they don't have computer chips? Is that true? Yeah, the Ford 150 had 10 different microprocessors in the, in the dash. And what they did was they had a cheap model that they had the old old, remember the old analog steam gauges that used to be in cars? I'm just kidding about that, but they're still in there, but they were mechanical. And they just called up Mexico and said, Hey, we need 100,000 of these mechanical ones because they didn't use chips. So if you walk into a dealership Ford now, especially the base models, you know, where they even used to have at least an LED display in the dash, it's mechanical. So yeah, it is, it is a, it is a deal. They can't afford to add $200 or $300 to the price of a car because they're only making probably 8% on a Ford F 150. Where they make the money off. That's all they, you know, they got to make it on the service end, I guess, right? Well, if you, I saw a note and it's been several years ago, but if you bought a Cadillac and then you bought all the parts for the Cadillac, it was 800% more expensive to buy all the parts and put them together yourself than buy the actual Cadillac. Yeah, I have a Cadillac and I had the fuel pump replaced and I, I understand that. So yeah, they do make a lot of money on service. The dealers don't make much money selling new cars. They make most of their money selling used cars and service, that kind of stuff. So on the dealer level, it's kind of one thing, but everybody makes money on parts. That's a huge part of the business. But for Ford, if they're, you know, they're going up against Chrysler or, you know, Dodge Ram pickup or any of those things since pickups are the hottest selling thing that there is on a lot today. But, you know, you got to get the car to the, you got to get the car on the, on the lot to sell it. So Ford, Chrysler, those rest of those guys, Chevy, they're doing everything they can to make sure that they don't have or have as few chips because they can call Mexico and get anything they want stamped out or they can call China and get any kind of plastic part they need. But chips and, you know, there's more than just the chips and the copper foil. There's a special kind of insulator that's made by the same people that make MSG that goes in your Asian food, your China food takeout. And without that, they didn't do it. And everybody last year during the heights of the pandemic back in March canceled all the orders. Well, it takes three months on some chips to get them from the beginning part to where they come out the other end of the fabricator. So if, you know, it's not like something you can turn on and off like a faucet. It takes a long time to get those things up and running. And, you know, if you have half the order for your insulator, it may take you six months to make sure that you've got the parts, the chemicals coming in and the people hired and the machines running. So, you know, we switched to this just in time kind of design for parts. A lot of that had to do with Michael Dell who figured out how to get every part in the world for a computer in the day before it had to ship. And he did put them together. And that worked out fine. But a lot of problems. Wow. David, thanks for joining us, my friends. So when you want to, not when you have to. David White, folks, we'll be right back. Are you in the market for buying or selling real estate in the Bay Area, including the surrounding St. Petersburg, Tampa and Clearwater markets? Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay Area. 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That's TFNN.com and hit watch Tiger TV. a segment on CNBC or Bloomberg or financials channel somewhere where they have a whole segment talking about astro cycles and how they actually work. I have a side bet for one dollar with somebody about something and I'll share that with you right now. Not a gambling man, but to me, I don't think this is a gamble. This is what we're looking at here, folks, on the long-term weekly chart of the E-mini S&P and I have made a $1 bet that it would be trading down here at $3,400 sometime around November the 3rd. So let's just see if it works. Now, if you go back and look in January, we were making a 1.618 expansion there. We dropped 1,200 handles, folks. Now, for this to get down to this level, we have to drop about 2,200 and 2,200 into 12 is 1.618 of that. So that's how I come up with that and it's also a 50% retracement. Could that possibly happen? Probably not, but for a dollar, I think it's worth a gamble. So we'll be taking a look at it. We'll be talking more about this next week, of course, to see what's going on with that and we'll be having it have Shane on as our guest, also Tim Boss to be talking about it. So that'll be a fun thing to look at too. The key thing today is the fact that that Dow Jones industrial average held that 3,400 level just spot on again. We've already rallied 150 points right off the bottom, just like we were expecting that bottom to be coming in here. I posted this when the show started. We've already jumped about eight or nine handles here and we've got a call from Oakland, Michigan and there we go. Go right ahead, John. John, are you there? Yeah, I'm still there. Yeah. Go right ahead. What do you got for us today? Oh, hey Larry. I couldn't hear you there. Hey, love your show as usual and two things. I can give you a little insight as to what you and David were talking about about the cars and the chip shortage. I live in the Detroit area and last night I happened to be with a friend of mine that works for Ford and I was asking him about, you know, Toyota, for example, has put out a thing that said for the next two years their production is going to drop by 40%, okay. And I said, well, is it going to happen like that with Ford? And he said, absolutely. He said, it's not only the chips that we can't get. He said, we can't even get the foam that goes inside the seats in cars and trucks. He said, everything is in a backup and I said, what is the problem? And he said, it is COVID rules, COVID work rules, okay. You can't move product around. You talk about the supply chain being locked up. Yesterday there were six in Long Beach Harbor, okay, to be unloaded. And there were another eight to 20 on the way in, okay, within the next couple of days, okay. It's the work rule, they got to shut down the line. They got to send people home. Like the guy said, even in the foam plant, somebody gets COVID. Boom, they got to clean it up. They got to get it out. Maybe that will help you with a little bit of that conversation about why the supply chain is so tight, why cars are not being manufactured. He said, out here in Detroit, all these car plants have got a, or car companies have got a bunch of plants shut down right now over shortages of one thing or another, not just chips, but chips is the primary thing. Well, it's the gift that keeps on giving, I guess. Yeah, it is. And now my, well, Larry, was when I was with my friend yesterday, I got a text from another friend and he said, why did gold go down $40? Okay, today. And you know, I know what I can look up. And, you know, of course, the Philly Fed was the reason that we were told that everything went down because they had a positive outlook on the retail sales. So that means the Fed can taper and the dollar gets stronger and all that. But my question is in the gold, Larry, when we have a drop like we had yesterday, can I go to the COT, the Commitment of Traders, and see, did somebody go short yesterday? Did something happen in those numbers on a daily basis that can give me some idea that that's why gold went down? Because somebody, you know, they crushed the market. Some big group came in and big footed the market. Is that possible? I don't think it's possible with the Commitment of Traders. But if you go and look at the open interest, you can see whether there's been an increase or decrease in open interest. And that'll tell you whether there's new players or something coming in. Like at the top of the market, we had a huge increase in open interest in the S&P 500 when it made new highs. And of course, it reversed from there. That told you that it was going from strong hands into weak hands. But as far as the Commitment of Traders, I don't follow it that closely. There's a gentleman in Scottsdale that he's really good at it. Trying to think of his name slips my mind. But he's been around forever and he's quite famous. But anyway, he follows the Commitment of Traders. But I'm a pattern recognition guy, John. And that's what I just look at the patterns. You're in the coin business, aren't you? No, I'm not. I'm just a fellow trader out the world. I have another John in Detroit that is also in the coin business. But no, I have no way of knowing that. But I'm watching it right now because we've got a lot of support here at this $17.00. If we take out that $16.70 level, all bets are off. I mean, it's going to be over for the gold market. That's going to be a major burb ring. And I'm not sure that we're not in a bear market because we've had this big rally. We rallied about $170.00 and we came down $100.00 very, very quickly. And so what we're looking at now is whether we're going to hold this level here. It was very, very important, $17.45. We're coming into next week, which is the key week of the year for me. So this is going to be something that'll be really interesting to talk about next week. Why is next week the key week for you? Well, because that's going to be like a birthday surprise. It's not my birthday, but it's somebody's birthday, and it's not mine. But it has nothing to do with anybody's birthday. I just don't want to share it today because I don't want people throwing vegetables. I don't want any more vegetables throwing, but I appreciate the vegetables because I'm Italian. I make a beautiful, I make a beautiful Cobb salad on that stuff. Just a little oil, vinegar, oregano, crushed garlic. Are you kidding me? It's one of my feet. Larry, I love your sense of humor. And I just love listening to you. And these markets you see so well. On so many fronts, you know. And that moving right is a great guy too, isn't he? Mr. Google, yeah, that guy's one. Anyway, hey, thanks, Larry. I hope you have a great weekend. Thank you for calling in and your $20 will be in the mail, my friend. Okay, folks, we're going to keep talking here. Hold on one second here. Just one second here. We got moving on here. Oh, we got to break up the bait. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority and technical market analysis, and it's not just dry, tedious text either. TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV, live every market day from 8.30 a.m. to 4 p.m. Eastern for free. Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. 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Then we'll have Tim Bost and Jeff Hughes from Alpha Insights also later in the week. So hopefully, we're going to have a full week next week of great things to look at. Very, very active markets, like David White says. So when you want to, not when you have to. So and always protect yourself, folks, because these markets have been going in the stock market. I posted that S&P weekly. They've been going straight up for a long time, and that's very unusual itself. That doesn't mean it can't go a lot higher. But we're starting to see signs that the old closed line has got too much laundry on it, as old grandma used to say. So we've got to tighten up the cords a bit. That means you use a little bit tighter stop to protect yourself. Remember, it's not how much money you make. It's how much money you don't lose. That's the whole key of doing this. My license plates on all my cars that I've had for the last 30 years say no risk. And that's what I try to focus on. Don't always do it, but I sure try to do it. And that's a whole thing of what we're watching here to look at it. I'm going to leave you with one little chart to remind us what happened way back in the year of 1987. I'll bring this up here to let you take a look at it, because that was a life changing moment for me. If you'll notice there, that third arrow on the right, that was October the second of 1987. And that was the day that I had put on a whole bunch of October calls, puts, puts, puts, puts, puts, puts. They expired on October the 16th, that Friday before, and I was happier than a pig in poop because that paid for my daughter's medical education at a big Eastern University. And that I would have been able to buy the university if I'd have had the November puts, but that's neither here nor there.