 Let's go over to our man, Mr. Basil Chapman, as we do each and every Tuesday at 20 past the hour. And don't forget, folks, Basil has an outstanding show here every trading day, 10 to 11 Eastern Standard Time, also a great newsletter, the opening call. Now, it's very easy to get the opening call, folks. You come over to our website at TFNN, you're going to see it right at the featured content. You just hit it right on the left-hand side. You can hit Subscribe. You can get the opening call for one month for $149. You can get it for six months for $695, which is a savings of $199.22, and you can get it for one year for $1195, which is a savings of $593, or 33%. Now they all come with a 30-day money-back guarantee. Check it out. You like it. You keep it. For some reason, it doesn't work for you, folks. You can get your money back. Bottom line, Basil also has there an outstanding array of webinars that he's done, over 10 webinars. I really want to understand how you ride the Chapman Wave, how you're looking at the marketplace. It comes with the newsletter. Check it out. Hit that banner on TFNN. Basil Chapman, what's going on? Hi, Tom. How are you? I'm doing great, man. Yourself? Very good. Thank you. Yeah, this is very interesting. The patents that we look at last Tuesday, remember when we spoke in the interview, I said this particular patent that, for me, is something that I'm keeping my subscribers to my opening call cognizant of, and that is the dreaded H patent. The lowercase H, which says it comes down sharply. If it rallies and then at a peak A or a peak B, it turns around and rolls over and takes out the left side low, you've got to be very careful. I call it the dreaded H in red because if it does do that, it can continue down and that's usually an omen to say, just be really careful. And of course, what's happened on Friday, it just nicked the left side 35,639 level in the down, and today we're down 532,35379. Day is young. You never know these days what can happen in the last hour, but so far what we're looking at is the price is underneath, quite substantially actually, underneath the left side low of, I think it was January the 10th. And we have formed that arch formation at a peak A becomes an A minus. And that just says, in this particular chart, in this particular timeframe, that's the dating timeframe, be careful because you've had a confirmation of a cell signal that's gone to a cell mode. That is just descriptive. It doesn't say, oh my God, cell mode means that you're going, it doesn't say you're going down to anything. It just says that is the nomenclature that you can give it right now that it has already reached a cell mode. And if you had to do a one-to-one to the downside, you've got a little bit more to go and then you get your one-to-one to the downside. But look at the weekly chart. The weekly chart says, hey, we've been here many times before, underneath the 14-period moving average, we're in a rising channel at this particular point. But what is happening is that the technicals are starting to deteriorate. But at this particular point, unlike the data chart where the nine-period on Friday was really close to crossing negative, today it has crossed negative, so that's a confirmation of the dating cell mode, the weekly, I have to wait until Friday before I can give any determination as to where we are. It does look technically like this nine-period will at some point go under the 14, but you don't want to anticipate it, hasn't done it yet, so far that's good. If you look at that monthly chart, remember last week I was talking to you about this chart, we have inside track repellent zone that we hit it, we hit it in the dating, we hit it in the weekly, and the same price point hit the lower trend line in the monthly. So these are all things, just to say be careful, there's a rotational market going on here. We saw that on Friday, suddenly there was that big move up in the semiconductor index, and yet that was just one of those fake moves because today's down sharply. And to me this is a bit of an indicator for semiconductors, and I've been warning subscribers that this is an area you've got to be really careful of, at 295 any time in the next two weeks if we see a close under 285, I think that says that overall the best index to date is starting to weaken there for you've got to be careful. So I've got the benchmarks to look at, and even when you look at the XLF, which was doing really nicely because rates were going higher, and usually the financials they like when the rates are higher, it's not the only thing, but it's one of the things that's important. So now we've got a PEE in the XLF. That's interesting there that yeah, there's a disconnect in the aspect that the financials, you know, JP Morgan and Goldman are getting smoked. So it's really intriguing that, you know, we've got rates going up, and they're spread, folks, between the moment money that's in the bank versus what is going to be paid on it, you know, goes up dramatically. When you're talking about the spread, let me see if I can do this quickly. OK, this is the, so what I'm pulling up here, you'll see it come up in a moment. This is the weekly, the 30 year, the 10 year and the five year yields, and then on the right you'll see wood, which is the ice shares, global timber and forestry ETF, and then the bottom one, you'll see the HGX, which is the Philadelphia housing index. So yeah, we got so because the 30 year yield made a lower low in that move that went down to what was that 1.678, the week of the 3rd of December, this move that broke out to a new high is actually new leg A. Now that's, you say, oh my God, it should still go to A, peak B, peak C and D, but it's only just started the A. That can fail because it's under the previous major high, but look at the breakout of the yields considering where we were and where we've come from. This is a very big move in like a single leg going for about nine or 10 weeks. If you look at the 10 year yield, that's also risen very sharply and the five year is even higher. So this squeeze of the yields is basically telling investors that for not that much difference, you don't have to go all the way to a 30 year, you can go to a 10 year. Not that you're getting the same yield, but you're getting a really good risk reward in the sense that you don't have to go up an extra 20 years. So that just says to me that the conflict that we're looking at in the market and one of the reasons why I think the market is still pulling back, and I've been talking about this for some time now, that the QQQ, the NDX100, which in a sense is tied to the semiconductor index, that rotation can go on for a little while longer because if we do get some kind of a consolidation in the semis, it means that you can start to see some stabilization in some of the very weakest NASDAQ stocks that we're doing fantastically and that's why I've said to subscribers to open the call. We've raised cash. Let's keep raising cash because at some point some of these fantastic winners that just took a 30, 40, 50% dive are going to be good buys, so you want to have money ready. So I don't think you need to just tear your hair out and say what on earth is happening to the market because it is rotational and we've had MRO, which is marathon oil for a little while on the long side and we've gotten from the 1730 area and here is a 19.51. So there are places that have been working very nicely. And folks, it's very easy to get Basil's newsletter. Come over to our website at TFNN. You're going to run into featured content. You see the opening call, you just hit that subscribe button. And I heard it's been a little cold up there. It has been cold. You have a great one safe one, Basil. Look forward to the show tomorrow. Thank you, man. Stay right there, folks. Come right back.