 The following is a presentation of TFNN The power trading hour with your host David white Call now toll free at 1-877-927-6648 or internationally at 727-873-7618 now David white And as we join one more time My friends as always it doesn't matter where you're at where I'm at as long as we're here at the appointed time The following takes place between 2 p.m. And 3 p.m. Well, we're down 131 points on the S&P cash And of course the thing to start looking at is the volume We've been looking for about 18 billion shares necessary to blow out the lows We're just over 8 billion shares which kind of connotes that maybe we get another 15 million share a day depends on how Bad the end of the day comes in but we're not hitting quite that 18 billion share high This reminds me of a day and I'm gonna go back and look for it But I think I had the biggest single options day not the biggest day ever in Trading but I think the biggest single options day trading with the kind of conditions that we have right now But I want to say it was in 2018 And I think it was in October, so I'm gonna go back and look my records But we have just the kind of conditions And all I need is one more thing to act so Does this mean we're at the end of the end of the road in the bear market? No But one of the things bear markets has is this ludicrously rip your face off rallies And where they really like to do it on options expiration, which is tomorrow and it's actually quad-witching So we could have a lot of action, but I wouldn't be surprised if you saw a 2000 point range on the Dow that that wouldn't be beyond the scope of reason Down a thousand in the morning up a thousand by the afternoon. It's That's kind of stuff. You got the ECB with new Apparently powers telepathic not sure telekinesis moving objects not exactly sure either, but they got some kind of new powers I'm thinking that they're more about economic issues, but the article only said they got new powers So I'm not exactly sure if they think they're superheroes or what but um, you know the I Tell the story quite often But my introduction to trading in full-time trading was the fall of 1998 and At that point there was a company blowing up called long-term capital management They had a lot of people that thought that they were just the smartest people in the room They actually had two Nobel laureates one of which who? Actually won for the black souls model They believed kind of like Kathy Woods Kathy would I guess there is a woods. I always say Kathy would I think it is Is her head and made out of the same stuff anyway the The point I have was that they thought they could just double down double down double down and at one point they had 99 to one Leverage in the market on bonds and They had kind of taken a fairly big hit Earlier I think about a year earlier or so maybe a little earlier than that When they were all along the peso and there was a thing if you Google it called the peso problem And that kind of that took a little wind out of their sails But they thought that they just changed the algorithm a little bit and they'd be great to go And so they ended up owning about eighty percent eighty six percent of all the bonds In I think in Russia. I think it was where it came from. I'm gonna have to reread all that stuff anyway Even today it would be like Seeing the Dow down two thousand points having somebody like Powell come out and saying he was Changing directions gonna throw some money at the market and the Dow being up two thousand points by the end of the day I think it was a Thursday If I remember right it may not have been I thought I would it wasn't something anybody was looking for Everybody was planning on the end of the world going into Friday's close. I kind of vaguely remember that I'm gonna have to go back and look through all that stuff, but Man was a reversal I want to say it was Ruben and Greenspan with echoes of Jesse Livermore's tails from reminiscence of a stock operator. I think it was around 1907 or 1908 the markets were imploding and One of the biggest bankers and actually the biggest banker JP Morgan came in with a market that was absolutely being torn to shreds and said Now don't money to get any in a hurry But there's gonna be money for everybody Just form a line peacefully don't get excited. Nothing's gonna happen. We're gonna make sure that there's money for everybody and then of course Jesse Livermore was kind of a blip on the radar in 1908 but in 1929 1930 that I think it was at the last maybe in December of 1929 the markets had already taken just a horrible beating and JP Morgan or somebody from his company came over to Jesse Livermore who had gone short with a hundred million dollar No, he'd gone short with maybe it was ten million dollars And it was up to three hundred million dollars, which was the single biggest trade Adjusted for inflation till the trade of natural gas in 2006. I can't remember that trader's name, but He that was the biggest single trade trade by a single individual think that Natural gas trade where he went short natural gas at 1675. I think something like that. It was fairly close to it the point of my story as I continue to digress is That conditions are right as I said there were a lot of stocks that had two gaps out there We get the third gap today Now that doesn't mean we close at the lows or not gonna close at the lows or anything else is bad gonna happen It does tell you though that generally like today where you got a tick depending on the the Tick you got was negative 1700 negative 1800 negative 1900 on some systems Generally within less than five days, but more often less than one day You're gonna get yet another tick. So I am on the high alert For seeing yet another big down tick I rip your face off rally and then a retest of whatever lows we come up with in the next 24 hours and everybody's gonna freak out and Maybe we get a retest of that low next week on lighter volume and maybe we see some kind of low But generally what you get is just that rip your face off rally all the people that were way short Have been wait have been way short way too long and the old saying bears make money and Bulls make money and pigs get slaughtered Yeah, I'm kind of thinking that everybody's just a little piggy out here Maybe it's time to Give them a little bit of ability But the conditions are high like a hurricane Lot of work at this moment return time of booming inflation we're purchasing powers eroded There's no better place to protect your hard earned money than ain't gold This the gold flagship asset is the Monk Todd Gold project in the northern territory of Australia This is Australia's largest unveloped gold project. We are talking a world-class gold project in a tail-one mining district This is a large-scale low-cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction This the gold just completed the Mount Todd feasibility study Which resulted in a seven million ounce gold reserve in a 16 year mine life? All of this combined with the approvals of all major operational as well as environmental permits This this thing which is Mount Todd is an attractive dearest pot ready development stage gold project This the gold trades on the New York Stock Exchange and the symbol VGZ Are you grinding in the market? But seeing little to no return or are you a successful trader? 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Somebody was asking me what the guy's name was and Every time I put in largest short trade ever 2006 natural gas it comes up the largest t-shirt ever So I don't know what's wrong with Google today, but I don't remember the guy's name I just remember that he shorted Natural gas almost perfectly at $16 and 75 cents and I want to say it was 2006 and he wrote it all the way down to $6 or something and he'd bought some very extended Puts on natural gas for like two years or something and it just did nothing but goes straight down and Everybody was saying it was going to 32 bucks when he shorted it and that was the biggest single short ever But I'll have to go back and look at it Do I think natural gas will go back to the low of the two days ago I'm not really got a good handle on where I think natural gas is gonna go in the next two days I would suggest though that historically And seasonally your best bet is to wait until late in In August and I know no one wants to hear that right now, but my guess is that's Kind of where it's at another question out here Long-time listener first-time e-mailer Where do I think riot could go? I Think a lot of these things are just going bankrupt. I Never thought much about them on The way up they've nothing it's just echoes of to Tulipville to me I don't think there's anything but if these things are not well funded. They're going to zero in Bitcoin Cyber stuff I mean, it's been one thing after another that everybody's ignored But I think they're I think what you're gonna find out is that governments are just not gonna allow it We're gonna find ways like China to excommunicate anybody using it To get rid of miners Bitcoin miners and that kind of stuff. It's just it's not something that a government wants Doesn't matter what the people want. I think it's what the government wants. You've seen it Well, you're gonna see it take down countries in Ecuador and What else is next to it? I? Think you're you're seeing the I haven't spent a lot of time in it But it looks to me like those governments are gonna fail on the big thing Miami's government the same thing Miami Everybody thought that was a great thing for them to get into crypto currencies That's gonna turn into the giant etsel History is As one guy in the den said pilgrims Mostly in depth faced down in the mud with an arrow in their back and Maybe something changes. I have never been a big fan of Of the blockchain There are some better variants of that We've talked about why it's never going to replace at least my opinion never going to replace the Mastercard visa that kind of stuff for exchanges it just could not handle it The computational burden was way too high Merkle chains if you want to look that up as a much better idea so concept fairly good Even for the first few years The product fairly good when you go into wide distribution though It's just a it's it's like a bridge. It's only built To handle a 10,000 pound truck and you run in semis across it with 80,000 pounds It's just eventually gonna break. So we've seen other things like you Ethereum some of these other ones that are better, but uh, no, I don't think there's a whole lot here And if it is Maybe I would compare this to am let's say that one of these companies is truly amazon in the bitcoin Thing amazon went from 110 bucks to 10 bucks in the dot-com bounce or boom Boom bomb. It was amazon dot bomb. I remember on the cover of uh, What was it barons? and that kind of was the uh poster child for the top of amazon if I remember right Uh, same thing for here if these guys can make it through 40 years of warming through the uh Uh going through the desert like moses little biblical reference for those folks out in lutes But uh, certainly if you can see that they're gonna be a lot of pain And maybe someone makes it out the other side But certainly is buff William Buffett William Warren Buffett says you can only tell who's swimming without a bathing suit when the tide goes out And the tide is going out for the cryptos And I would whether wait instead of trying to make predictions now Wait and see how many of these companies can make it through how many have good management in tough times In the good times anybody can make it as uh, I've heard other people say In a bull market everybody's a genius And in a bear market you find out actually who has any real chops So I'm not a big fan of any of this stuff Uh, especially going forward getting money is going to be problematic My guess is the real estate markets, uh, if they haven't announced it have already frozen up I'm not sure. I haven't heard from anybody But my guess is we're probably close to freezing them up because guess what they just wait another 30 days The fed maybe you'll add another half a percent You want to make a loan today when you know if you just put the people off For another 30 days you get another half a percent I don't think so and that probably is going to mean that they're going to do everything to drag their feet to make loans At higher prices in the near future, which is going to kill a lot of real estate stuff in the in that So anyway just some rambling Uh, what is it? Six degrees of separation kind of that and now for six degrees of market separation with dave wife Rambling tales of mixed metaphors and tortured analogies that might make a lucid point if given enough time Well, maybe maybe not you never know But normally I play that in front of it when I'm going to go on a rant Uh, so that's it. Anyway, uh, thanks philip for the question You never know. I'm going to go on those just a stream of consciousness kind of thing Okay, so we've got some other stuff out here questions Okay Got that handled. So anyway, um, I'm waiting for the next really huge downtick in the market Uh, we're going to see whether or not if the market stops at that point You probably have a good one day rally coming And again, this is kind of you know, when we do rally off this spot next low doesn't mean it's the permanent low You're probably going to see one of the biggest rips in all of time And within a day or so you're probably going to find out As most people found will find out that it was a mirage You come back you retest the low and at that point, maybe you got some kind of look But uh, get ready for some action Maybe we don't get that but again what I'm looking for is another panic cell as we had today To get that you're probably good for one day rally Uh, that is good to rip off the face Of uh bearer at least for a day Maybe a little bit of a brush bout back If you're into baseball, we'll be back in a minute If you want to take advantage of this sector now is the time to subscribe to my gold report The gold report is a comprehensive look at the metals sector as well as the markets that move gold Which is the currency and bond markets new subscribers get a 30-day money back guarantee So you have nothing to lose every monday morning. 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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 Somebody asking in here the the key is waiting for the signal and not to anticipate it Um, but i'm not thinking today. I'm thinking it's tomorrow And the last time we had this same kind of setup as I said was kind of an october of uh God, i'm thinking it was october of 2018. I'm gonna have to go back and look it up tonight But all I remember was uh, we had, uh Eh, what was it out here? Uh Yeah, uh We had uh Mr. Z john from philadelphia And I remember we were I was talking about it all week long because it just kept on Diskept on getting better and better. I don't remember what it was. I think it was a taper to a Uh taper tantrum as they used to call them back then all four years ago but uh All I remember was coming into that friday morning Everybody was predicting the end of the world. I think it went lower the next week But you got to rip your face off rally that day and it started at about 10 30 And it was the second big tick down Of uh expiration day and I was buying five and 10 cent options that ended up being Two three bucks by the afternoon and you don't always get that kind of stuff But let's say there's just a 50 chance of you making it Uh, the risk reward is probably pretty high for tomorrow but The risk reward is uh zero Uh if you don't get that second big tick down So we'll be waiting for that or i'm gonna be waiting for that and that's just what everybody decides To throw the baby out with the bath water You generally get one you get two as I said the other things in the last couple of days that I was looking for was that third gap down So we've got that So like I said, I think that was exactly like that friday coming in to the uh to the thing And I can't remember what happened. I think the fed said something At like 10 30 the market just all turned around and it was a huge day by the end of the day It was just a I think it would probably be the equivalent of a 2000 point move in the dow today From the bottom back up to the top. It was just a horrible friday morning And I was buying uh options at 10 cents But uh, maybe I don't think john's in the den right now I know he remembers it because we've been talking about it this week Uh, anyway, the setup is good But guess what this is like a hurricane coming in, you know, you may get a little bit of it And maybe it hits your head on but uh, you know what? You can almost guarantee if they tell you here in florida that if you're gonna get hit and the Prediction is more than three hours away or three days away You're not going to get hit And then they're suddenly all brilliant when you're getting hit Or or the storms two hours away out in the gulf and it's actually hitting you So that the real question is when you get that second tick Then the the counter starts coming in and as I said, that's just the advances over the declineers So you start getting a negative 16 1700 1800 tick on the second one You normally that's uh the uh burn out in the short term not the long term But you get a fairly decent rally in the market and in past days Or past day in past history in the market It has been a variety of things But they've all been Some kind of out of the blue news event sometimes it's been the fed sometimes it's been other things But uh, you don't know what it is generally going into it. You just know what happens And it could be anything from uh, putin dropping dead To a change in our policy on energy, which I think is about 80 percent of inflation today Uh, it could be a great deal of things. Anyway, give me a call today or you can ask me anything At path tfnn.com or call me at eight seven seven nine two seven six six four eight Yeah, it could be the second one But generally it's uh Uh in the den someone's saying we had a negative 1700 on Tuesday. Maybe this is today Generally you get uh, if you get a gap down You want a specific candle to follow that? And for me, you didn't get any kind of a candle that said that was also Uh That now maybe we end up one before the end of the day But the candle doesn't look quite right and to You know, you'd normally I've seen enough headlines out there that are calling for the end of the world So like I said, it's probably pretty great My problem was that options were fairly still fairly expensive an hour and a half ago when I was looking at him I was talking to one of my subscribers and I was looking at uh, I forget what stock it was now But he's watched it and it's held up extremely well And I thought well, maybe I'll even bite on this one right now because it it is hold up so well And maybe it's the first one I can buy but At best if it goes to where I think it will which is a nice bounce It was only two to one and I need to start On options expiration at about four to one To make money that means I if I buy a quarter option today, it's got to end up being a buck tomorrow Because I'm only going to be ready or going to be right about half the time So maybe everybody knows it's going to bounce already and that's why the options are so high But generally what will happen In this kind of situation is if they're at 50 cents now and I want to buy them for a quarter They'll I'll I'll do something stupid like buy them And they'll watch them drop to a quarter and then it'll actually do it. But uh, just as one of a rule of thumb Uh doesn't always work, but it certainly have helps me and that is when I think I like it Decide to uh Decide to buy it at half that price where I will actually love it We've been making that joke in the den all week Which is uh, it used to be on the on the floor and I can't remember it used to be on tv But someone would say, you know, I like amazon at 100 bucks and the other guy would say well, then you're gonna love it at 50 Right, you know man. So that's it. Anyway, I've got to buy it where I love it. Not where I like it Uh eight seven seven nine two seven six six four eight Uh, I haven't looked at bowing But uh, let's take a look at it. We were talking about that in the den the last 747s are really getting are getting ready to come off the line. Uh, it's actually It is up there nice, isn't it? I hadn't looked at this one. This was not it I'm just not really telling you which one it is to protect the innocent Uh, anyway, uh, yeah, that does look good That is holding up miraculously Well, of course this thing did bounce off of a huge We're talking about bowing now Did bounce off that I think we talked about this the other day Um, this gap that came in Uh goes back to March 18th of 2020 that pandemic low Out here. So you did hit it Uh and hit it with fairly light volume. So we've been saying a lot of these stocks have been doing it The market has a lot of volume, but not everything Uh, which is who let's take a look at apple See what it's doing out here on a shorter term basis. Um It's not bad today 65 million shares on apple But yeah, I think no matter how you count it, you've got two you've got three or four gaps Down on a lot of some of these gaps But a lot of stocks three gaps down you have to start scratching your head Are you getting a little piggy? 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It can seem impossible to keep up with all the information David white's investment newsletter the technology insider is designed to give you all the information you need to understand the technology That shapes today's markets and tomorrow's future David white has made his living staying on the cutting edge of technology His weekly newsletter will give you specific recommendations for value tech stocks As well as entry prices target prices and stops to set for each trade Dave delivers his weekly newsletters every friday with updates throughout the week You can get the technology insider at tfnn.com for only 37 in 50 cents Sign up for david's newsletter the technology insider and get an inside look at everything the technology sector has to offer Try it risk-free today with our 30 day money back guarantee tfnn educating investors Are china a shares hot or not? If you trade china a shares now may be time to take a closer look trade chAU or chAD Directions daily csi 300 china a share bull and bear etfs china a shares in either direction Visit direction investments.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 eight six six four seven six seven five two three 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 principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four-side fund services llc This program is brought to you by vista gold traded on the nyse american and tsx under the symbol vgz Uh, so if the market has to drop it doesn't have to drop. I just have to get a lot big tick Uh, in order to go up again. Do you think it will go higher than yesterday's eye? Oh, I think you'll have a huge run Like I said, if you're gonna get any kind of buying off here that sticks It's probably going to be fairly huge And generally it it may not last More than into next week So that's uh, yeah, so anyway, uh, this is a pattern of uh, what you call, you know Massive squeezes sometimes they last more than a day or two A lot of times they don't in a bear market. You just have one day up and one one day right back Now sometimes you'll get two or three days But generally you get the lion's share on the first day And then you just get margin squeezes for And as many people uh that are on the wrong side at the top of the market Along on margin, they're the same amount of people that are short on margin And those people get squeezed pretty hard too eight seven seven nine two seven six six four eight And see out here, okay Uh Let's go back to the thing Okay, we've got some emails Just trying to get all caught up here Got a lot of stuff going on Any random thoughts that's all I've got On the ibb Uh, yeah Like I said, the one down thing I dislike Well, there's two things in the ibb. I dislike Uh, I do like the light volume today, uh, 2.6 million shares compared to 4.7 million shares Um, you're close to closing back into the trading range. What I dislike is you've got two big gaps lower I would have liked to seen a bigger gap lower today. It's one thing. The other thing is just the energy down Uh was a whole lot more and generally even if it holds It's going to go sideways for a few days before it starts going up Um, you've got two things if you break the lows with lighter volume You're probably going to come back into the trading range if you break the lows with lighter volume and The energy off the previous high was very low Then you sometimes have a v low Generally more likely Low volume at a low you're probably going to have some consolidation And it's more like a u bottom than a v bottom. So right now. Like I said options exploration done Uh quad witching tomorrow expect the unexpected Uh, but that's it. So I think there are better fish out there than the sea for tomorrow Anyway, uh, I am trading this as most people I think should My advice would be to trade this like you're in the biggest snowstorm of your life Driving in a car down in interstate Uh with fog Do not believe that you can see that much Farther forward If you were short from the top and you came down here God, I love you But I'd have the finger on the cell button or the or the cover button I wouldn't necessarily click it But I'd have it on it. I wouldn't be I mean, I think you're you're it's kind of like seeing a hundred year old, uh, woman And uh, trying to make bets on whether she makes it the next day or week Or or two, right? You know it's common now When is that going to come? Hard to exactly tell in the stock market. We have, um, some big indicators like the tick and would this change Trajectory of people, uh, that we're all, uh, bearish. No it's just that, uh now It's uh, sometimes these are the sweetest trades of all time Just because the incredible level of Of returns if you're right uh Yeah Somebody I was saying I actually thought this was the good first good sign on gold for a while and You know the volume in there, but this is uh, you know with the market down it actually getting bought a little bit I think a little some of that has to do with um crude It's crude still up to two dollars and forty cents But uh, kind of the first decent signal that this thing has any life in it Maybe it's just making a small abc to the downside to get to the 1776 Maybe people actually with crude under 120 now start looking at gold a little bit more um, I I need 1775 or 1776 doesn't really matter Uh, kind of in that area and gold to get me excited As we said before in downturns and bear markets Do not be surprised to see the stuff that they should be holding Is the stuff that they're selling and the stuff that they should be selling is the stuff that they should be selling Holding is the stuff they should be selling. It seems like no one Can do the right thing even uh folks that are Supposed to be market professionals will uh do the wrong thing Okay, so let's go back. Oh I got rid of that chart Um stream is still running Okay, let's get back up here. I got my charts now after our technical difficulties Uh, let's go to dave in framing ham How you doing david? How are you? good david question On the gld looking at the gold we bought them looks like i'm looking at the chart three days ago But back in may we had a low of 16801 and now we had a 168 30 Is are we calling this a double bottom and then we have three tops that this time we should get through the top of 174 94 here So you're talking gld, right? Say that again You are talking the gld, right? Correct. Yeah, that we have we've had a double bottom here and then we had a double bottom with 13 million shares Uh at 168 on may 13th You had a low of 13.3 million shares So you matched the volume now you had a low volume bounce Uh, I would say uh, if you wanted good risk reward You want one more retest of the 168 low And you want something like we may not get that We may you may not I I would say that your risk reward is not good until you do, okay So yeah, can it go higher? Yeah, I'm not worried about that. I'm worried about whether or not the risk reward is in the trade There's a lot of trades that I just walked by because in fact there was one today And I think that there's a 90 chance this thing's going higher But at best in options it was two to one And I know that even though I think it's 90 percent that it's probably going there It's not worth it because uh, any kind of news article could come out Between now and then and it could that took a fairly good trade into a loser So I know on options, especially options expiration I've got to have four to one on this one if you're buying an equity or an etf You tell it test that previous low on lighter volume. There's almost always better fish in the sea back in a minute 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 Watch online at tfnn.com or on tfnn's youtube channel and become the investor you were born to be tfnn educating investors 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 The opening call newsletter is written by basal chapman creator of the trading methodology known as the chapman wave The chapman wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys and stock prices Get the opening call newsletter by basal chapman and your inbox every day 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 tfnn.com 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 pesavento 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 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 Catch tom will bryan professional trader and educator founder of tfnn Also a special guest on cnbc tom will bisect and dissect the markets the tom will bryan show next on tfnn And we're back. Yeah, we've got day from framing ham on the line. I think still there right here. Hi david David I have anything which is I understand what you're saying about the bottoms there But we got three tops here and there's a gap at 180 And there's a gap at 180 184 Don't you think that if we got through the 174 94 we'd be headed up to fill those two gaps We could be That's but it's it's it's a game of odds And the question is in the cat and it's no different than getting Uh, a two and an eight handed to you when you're playing poker Right. I understand that It's a crap hand, right, but i'm too. So i'm too. Yeah, why not just what why not just wait Or go find something else that you get suited suited or not suited you get to You know some face cards matching face cards down There's a lot of other stuff On wall street when they talk to people that are stuck on wanting to trade something There's a a thing they say and that has changed the name And if you're a stock trader in a trading room there and you're Destined that you just have to trade something right Your boss will come by and say change the name and that means to shut up about it and move on find something else That has something that you can make some money on and I think We'd all be a little probably a little richer if we had somebody standing over our shoulder saying Kind of the little little What's the the little angel in one wing and the devil on the other and out of Out of uh, what is that movie from 1978 animal house, right? Okay So you you want you want the angel on your on your shoulder to say Yeah, I did the things that I I've seen in the past That have led To that Anyway, thanks for the call. Thank you. So what you can not when you have to we will see you tomorrow same bad channel same bad time Building wealth trading in the stock market seems impossible to most people