 The following 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 we have mr. Joe DiNapoli will be on the show very shortly I'm gonna cover quick things. I posted the Dax and I well affects I posted the footsie in the Dax showing you that the markets over there are under a tad of pressure But they've been in a rally mode We're gonna change format here just a tiny little bit and that is I'm going to post a chart and anybody that can Tell me what this is. Okay, it's related To the stock market and if anybody can tell me what it is it happens to be a weekly chart They will win a rare book out of my collection. Anyway, that's the that's the chart We're gonna be looking at the mr. Z was talking about the fact that we're looking at here I wanted to cover I posted a chart of the S&P cash That we were looking at yesterday when we were trying to be a seller up there What happened was if you take a look at this thing just right at the opening just exploded up with all the rest of the stuff You'll notice that what we did do is we went all the way up I was looking to do it at the 382 the the fill was at the 50% It went all the way up to the exact 786 retracement folks at 43 all during that time when that thing was going up That put did not get hurt as a matter of fact it closed in the in the green on Friday or yesterday So it's very good Cindy shut the front door and raise a rent By golly see how you dropped me an email dear and I will send you a nice book It's a $50 for shipping and handling. How did you cheat? Well, everybody can cheat anyway. Well, you and anyway, don't worry about just dropped me an email and I'll I'll send you a nice book It was at the top of the chart that should have been on the top of that one. Did I put the wrong one up? Where was the top of the chart and it's not on there on the top of that chart. Oh IYT shut the front door now. I said Folks here's the importance of this yesterday I'm gonna put the chart up for the NASDAQ because this explains everything. Mr. Z was talking about this This is the NASDAQ now. I have not changed this chart Since October the third you'll notice here the the move down perfect ABCD and I said we should expect a similar three-day type rally three to four three or four days rally up to that level right there and you can see yesterday We hit it at 15,000 that was a 61% retracement of point C. That's exactly what we did There's nothing mysterious about that. All I was doing was looking at the S&P and saying it had a you know nice number of fib numbers up there around that 42 1742 20 level and that's pretty much what it was but That's very good. I I was really surprised that I didn't see the IWT up there at the top Anyway, be sure to drop me an email Cindy. I'll be happy to send you a book Let's move on here because I wanted to show you this. This is why this is so important folks Let me get this up here Here is why this is so important. This is a weekly chart of the Dow Jones transportation index, okay Yesterday's high folks was an exact 382 of the high we made back in May. This is a weekly chart So that was a three-week rally go back to June You'll see the 382 rally right there that led to the ABCD to the down-down move That's where you Elliott wave boys will be able to do all your counts down there when you finish that ABCD So we had a 382 retracement on the weekly chart. It's also a 50% off of the July high, too So if the market in the transportation turns around and we make new highs and what we made Yesterday in these markets, it's going to go higher. But until that happens The odds favor a down move folks as in Louis Pasteur said chance favors They're prepared mind and that's what we're going to be trying to do So let's remind ourselves that these don't always work But when they do they do work very very well now We're having a big break and or go a gold we went up to the 17 Magical 1777 level that we talked about several times over the last few days in the videos It's a broken 20 some dollars from that level Also folks those of you that are going to fill up your gasoline tanks and stuff Wait a day or two because I think it's going to get a lot cheaper We just hit $80 a barrel in the crude oil That was our price target that we focused on in the newsletter for the last three and a half weeks We got up to 80 80 12. I believe today and that should be it. Maybe it's going to go higher I'm not sure but we're paying very very close attention to it Those are a few things that we're watching very very closely the key to these markets I believe if you'll look at this yesterday, and I'm just going to show you this what mr Z was talking about just a minute ago. This is the This is the chance favors the bold Very good Mike. Anyway, you'll see the the high we made up there at fifteen thousand four hundred In the Nasdaq we came down yesterday's high folks. I know you're not going to believe this but the exact high was fifteen thousand and Two and we made a high of fifteen thousand and three. I mean that's pretty close I know it's not as perfect as you might like to have but it's still pretty darn close We'll have to ask to mr. Denapoli about his closeness indicator to see if he's able to Pay attention to that one too, but Joe will be a great guest as he always is now the one other thing that is that is Incredibly important now folks the bonds are breaking down Badly I mean be a DD Lly Lly badly badly baddie. We've been talking about this for Several days weeks months years or whatever it is these these interest rates are going higher You know whether it affects the stock market. I don't know. I'm just a technician I'm just looking at the price of these things and that's all I'm looking at but bonds are going higher or lower That means interest rates are going to be going higher. It's going to cost more money to buy a house Pay it well the credit cards are already at maxed anyway. Usually they really charge whatever they can't but if you'll if you pay Attention to that bond market something's not right And they're going to have to borrow a lot of money to pay for all these things that they want to get done Whether they can get any of them done or not, you know, I'm not sure So I hope we keep those things in mind as we as we look at some of these things as we go through here today Try to let's get to the newsletter this weekend It's going to have a lot of information about foreign exchange And also inflation regarding things that I think we're very very close to be watching too So it's very very good. Those of you that have stayed in the soybean trade It went up another $500 for it's well over $1,500 profit in that now In the soybean in the January soybeans if you did that one that we booked that one at a thousand bucks So we'll just watch and see how it operates and watch for a pullback Actually, we'll see if we can find something also remember folks that we are going to have as our guest mr. Tim boss Mr. Boss yesterday was under the illusion that the Time that the show started was what it was the last time he was on and the person in charge of Programming here at CFN and really messed up ie raise your hand Larry. It was me I forgot to tell Tim that it was an hour earlier and he was there an hour later And no wonder he didn't answer the phone But anyway, Tim is going to answer the phone on Monday and do his show there Remember this week we had Stan Harley on Stan is looking for the market to come down into the 18th to the 20th of October we will see if that's correct Stay tuned for Joe DiNapoli folks eight seven seven nine two seven six six four eight 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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You're having a little bit of technical difficulty getting in touch with mr. DeNapoli so I will continue on into he Is able to log in I put up the chart here of Tesla it's in the news quite a bit today Cuz they're moving their offices home offices from California down to Austin, Texas Evidently mr. Must likes country and Western music and folks I've been to Austin, Texas many times and that is one flat-out beautiful city Well, most of the cities in the country are beautiful. That is really beautiful in the Hill Country Really really quite nice. Anyway, we'll take a look here at at Tesla You'll notice here that it is I from what I'm assuming now is just down a little bit today I don't know if it's related to all the news that's going on with Tesla But that there's a possibility because we're just a little above the 61% retracement at 707 There could be you know a a correction coming at any time on that But we've been here for well for two weeks here between 800 and eight and seven sixty And like I mentioned before until it goes below seven sixty this this you have to consider the trend is being up I mean, that's only a $40 range But that's what you have to do if you're you know doing it on a technical basis now I'm and that's what I'm doing it on is a technical basis So let's keep our keep our mind another market that has made a major top now folks Is now the boy these bonds they just don't have any friends at all shut the front door and raise a rent Folks if you got any borrowing to do do it now because by golly there is going to be some Hell to pay here in this darn thing here is a 15 minute chart on the Natural gas. I mean this is this makes the old pork belly contract look like a 200-day moving average Yes, Joe does know the time frame Tucker. I did done that and none as we speak of the devil himself The devil has arrived Joe to Napoli. How you doing buddy? Alive and well, can you hear me better this time Larry? Oh, you're coming in like you're sitting right next to me here in Tucson, Arizona I am going to turn the mic over to you But the people are just dying to hear from you buddy. So please tell the folks what you're looking at for today Well, I'd like to let the folks look at what I'm looking at But I can't figure out how to do a screen share. Just give me a second here Larry And you keep talking about pork bellies and I will Try to do a screen share and if I can do the screen share I can get started Okay, I think you'll if you I'll just keep talking to you sit till you get it done. How's that? I should have a screen share on there now. Okay. Well, I'm ready to Yeah, Larry what I wanted to start out with is I think people have a misconception about you know What trading is all about and between you and Tommy and me? You know, we got a hundred and fifty years experience and I wanted to start this thing out By talking about what our job is and our job is not to buy Facebook at 25 or Tesla at 150 our job is not to make a hundred and fifty percent on our money annually Our job is to evaluate risk. I mean, that's that's really the whole thing and It's the evaluation of risk That's what people do when they listen to you with your experience when they listen to radio show or they buy a piece of software any of us What it's about is understanding You got my vote Yeah, I mean that's really it. We're we are risk managers and and that's exactly what we are You know, I I was thinking I could probably teach Intelligent chimpanzee how to trade and make money making money is not a problem making a lot of money is not a problem keeping Keeping the money is a real problem. And you know, I've mentioned this many times in my 20s. I turned Something like six hundred dollars into 30 grand in two years and I promptly lost half of it in two days That's because I didn't understand that my job was to evaluate risk And of course, I do understand that now and I consider Our current situation situation. We have extraordinary liquidity risk. I talked about that last time I was on We have overvaluation risk. We have management risk in terms of the political situation the people that are managing the country we have inflation and Excessive debt risk. We are in three bubbles. We're in a real estate bubble an equities bubble in a bond bubble. I Think the I think the real estate bubble might survive Meaning that those people that have real estate if you look at socialists in Marxist countries I've you know, I've traveled all over the world, you know, I've been around the world ten times speaking and I visited communist Marxist countries a fair amount and What I've always seen is that real estate seems to hold up because you know, you have two classes of people you have rich and poor and If that's the way the US is going on going I think real estate is going to do all right equities and bonds are going to get absolutely decimated and We're not to that point yet, but we're getting there. I Wanted to go over my current positioning and hasn't changed a lot since last time but that I was on I'm running now around 70% cash 6% China then a lot of trading in China on this recent pullback and it's been been very lucrative. I Have cut my position on high yield bonds. I'm still in oil haven't sold anything. There is one Fun that I like PCRIX I've been in there for a while and it's it's sort of like a derivative on the oil on the oil price and People should look at the perspective if they're interested. I'm not making a recommendation here I'm just saying this is what I'm in. It's been quite good to me 5% tech tech. I I still hold about 5% tech. I got out of my airlines. I'm still in my Boeing I've increased the gold and silver that I hold on this recent tip and I've got about 1% just in like miscellaneous miscellaneous stocks I Wanted to go over this trading approach that I'm using and have been for years and basically When you look at this the current slide and this is not actually the slightest current I'm showing it today, but it's actually from like a year ago and You know, I have maybe 40 45 limit orders in the market to have it in there right now and These limit orders shown on this slide are not accurate. They're old but basically they're based on the way I trade and aptly techniques and aptly Support resistance levels and I sit around like a vulture and I wait for market corrections And as long as I believe the context is viable meaning that we are still likely to get good strong bounces I will buy and This past couple of weeks since I've been on we've had a nice little correction I've done a fair amount of buying and I want to go and talk about what I did because this trading approach Doesn't take a lot of time, you know, when I trade short-term futures E-minis I'm spending at least eight to nine hours per day because I trade on a very short-term basis you know under a five-minute chart often and It takes me a lot of time, but if I'm not trading futures if I'm trading longer term this approach I've been outlining in my September 14th talk with you and which I'm talking about today This approach maybe takes me six hours a week to do and there's some serious good money you can make Anyway Joe we Joe we got to pay a few bills. We got to pay a few bills We'll be right. We'll be racked with Joe Denapoli folks eight seven seven nine two seven six six four eight Are you having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with Become an apex predator in the trading markets and join the Tiger's Den trading room only at tfnn.com The Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas Join the den and surround yourself with these sharpest minds in the trading world Subscribers to the Tigers then are also the first to have their questions answered live on air and can privately chat with our tfnn hosts live during their shows Interact with other Tigers and Tigers as they share trading ideas news analysis and discuss the market action all trading day Subscribe to the Tigers then risk free with our 30-day money back guarantee and become part of the tfnn trading community tfnn educating investors You could be making money off the stock market and if you're already making money off the stock market You could be making a lot more Check out tfnn and tiger tv and get expert investing advice to give you the power to control your financial future Go to tfnn.com and find the newsletter for you Whether you're into trading gold medals futures currencies or options You'll get advice and analysis to help you seriously get ahead tfnn also features trading services with a 30-day money back guarantee for new subscribers As well as tfnn's tiger den trading room trading software and educational webinars for all trading levels And make sure you check out tiger tv for free on tfnn.com or tfnn's youtube channel for live financial content From 8 30 a.m. To 4 p.m. Eastern on market days Stop watching on the sidelines while other people get rich and become the investor You were born to be tfnn educating investors tfnn is excited about our new software charting program the art of timing the trade charts In collaboration with tom o'brien and using his best-selling book the art of timing the trade your ultimate trading mastery system David white has programmed an outstanding piece of software that will complement any traders methodology Using this first of its kind program the art of timing the trade charts allows you to scan thousands of stocks for Fibonacci formation setups including guardleafs abc's butterflies and much more 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 Okay, folks. We're back. We're talking with joe denappley. You want to continue my friend Absolutely, um, let's go back to this concept of valuation of risk When I buy this stuff that I buy I buy it at solid support and this is a variation of uh of fibonacci analysis called denappley levels and uh to give you an example, I just bought cpng at around 26 near the dead low I bought gold near the dead low. I bought silver near the dead low I bought teagot near the dead low And this was only because and how to calculate these levels and I sit like a vulture With limit orders down there and I buy now even if the market decides it's going to go lower these levels are so solid That often I can get a profit or at least I can break even Uh, I bought some baba, which I am already out of I bought that at about 144 I believe it went down to 138 And I'm out of it at 155. I did not buy gold, you know the stock gold Although I I do own some it's a long-term position and I think it's a it's a good buy I just had enough with the gold and the silver. I didn't buy any of the other stuff I bought some jd.com. I still hold it I think that's going to be a nice little winner But I'm I'm prepared to get out of it and I'll show you where I'm going to get out of it here in a little bit Ashr that's Chinese more Chinese stocks and we got down to anything 3680 37 something like that So I didn't get a fill. I got out of my airlines Jet Blue for example had a resistance level at about 1650. I got out of my jet blue I'm trying to buy it back at about 1240 Bowling I I just love that stock at 191. So If we get a hard break we get a really hard break bowling and plpr Will be great as long with amazon at around 325 See I I sit and I wait i'm patient and I have a very good risk profile when I buy these things at the right price Deutsche bank at around 11 looks great and here's something interesting I've noticed I don't know if you agree with me at all on this larry, but Emerging markets is represented by bw o trying to buy more of that I already have a position I'm trying to buy more of it at around 45 And I it seems like emerging markets are actually doing pretty good And I look at a stock or a fund rather called IIF, which is uh, indian etf And that thing is against xop resistance expanded objective point an aptly level Resistance and it is sitting there and sitting there and sitting there. It's not coming back So what that tells me is that emerging markets is represented by india, of course a lot more than that But india anyway Is showing me that it doesn't want to back off. It's showing me that it's very strong And because it doesn't want to back off. So it makes me happier to buy emerging markets on a break Now, you know, I'm looking for a very very serious break sometime Between the next five minutes and Six or eight months. I'm looking for a devastating break in the markets But this isn't going to happen, you know all at once the last comment I made on the September 14th show is I'm not ready to go in the closet and hang myself Absolutely not there's a lot of money to be made on bounces. And that's what I'm trying to do So people do count Joe Joe we have a we have a question from one of our listeners And the question is so do you feel comfortable with that time frame of the break between five minutes and six months? Are you comfortable with that? Six or eight months. Yeah, see we're in a bubble The problem is we're in a bubble and we don't know on an expansion level We where this thing is gonna where this thing's gonna pop. So I'm not shorting stocks. I'm buying dips Until we back off from these highs significantly. I'm going to show you Um an indicator called the MACD predictor I don't know if you've ever seen it Larry, but it's absolutely credible You know, I want this to break on a high time frame level Before before I get bearish and start shorting. I'm not shorting. I don't think I'm short anything Although I'm thinking about shorting FedEx But anyway, that's beside the point If people want to find out about how to get these than apple levels I did a sale last time I was on the program and I had a nice strong response. I'll do it again through sunday They can buy the book for $99 normally 162 60 days free on the client pages They need to go to the miscellaneous section of the order form codenamed Tommy now. Let's get back on with With some more analysis I see no reason to Change any of the long-term outlooks that I have Um Americans are absolutely BS and the more divided than I have ever seen in my lifetime that includes the vietnam war and I was a draft age When the vietnam war occurred Um The the duct theory is alive and well. I think the u.s. Is under attack and is currently dying now As far as support levels are concerned This is a typical abc expansion Um, and I really like this level around 40 58 Now that big list of 45 or so Um Or better orders that I just showed you all right that big list if we get down to around 40 58 Which is support major support on the weekly s and p futures If we get down to that level and I'm not filled on a good portion of those 45 or so Entry levels what I'll do is I'll step up my bid If I'm close to the support level they'll step up my bid and make sure I'm more filled so Not only do I look at individual Stocks than appley level support levels confidence agreement stuff like that step forward analysis Stuff that I base my support resistance levels are but I also look at S and p futures and see where the major Support levels are on that and I like this 40 58 Level let's take a look at one other chart here. This is monthly futures s and p Now what's really interesting larry if you look at the c.o.p. You can track an objective point off of the lows on 2020 we have an expansion that brings us up to 40 71 This is a very very close To the level that I just discussed with you the x.o.p. Level and I don't know if you do this on your work larry, but When we revisit a strong A resistance level so let's say we blow through it as we did in this case and we come back to it That is tremendous support And not only do we have that x.o.p For support, but we have the c.o.p. Revisit and we also have the point 3a2 Which is coming in at 40 33 so this is going to be a great support level at which we can At which we can consider Some significant long positions looking for a bounce Ultimately, I do think we're certainly going to see you know 36 42 and actually lower The next chart is the yearly s and p continuation Futures and the reason we stopped up there around uh, you know, wherever we got to 46 level We have an x.o.p. Yearly resistance level at 45 22 And this is the reason we stopped up there. He's a huge resistance And I don't know that we'll ever exceed that point and we're in a bubble. We can But I don't know if we ever Will I mean ever we could we could you know, we could be doing a japanese thing We're 35 years later. We're not yet back at that at the market highs Do you remember that? Oh, yeah december 29th. Yes, I certainly do Yep, and okay, so if you look further down on this name chart, you'll see Joe state with us we got another number Yes, we got it. We're gonna pay a few bills. We'll be right back with joe denapoli denapoli levels. We'll be right back Are you in the market for buying or selling real estate in the bay area? 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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 etf's 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 Don't forget you can listen to tfnn live on your mobile device 24 hours per day Go to tfnn.com then hit watch tiger tv That's tfnn.com then hit watch tiger tv Okay, we're back folks speaking with joe denapoli denapoli levels continue my friend Right larry. Okay. We're now looking at a yearly chart s and p continuation The point three eight two off of the panic low at six sixty six dow Six sixty six s and p rather Well, we can see that's coming in here at about 30 65 30 66. It's going to be another great place to bounce now What happens is these uh all these orders you got sitting there with or better fills They're they're going to get filled when we get down that area because remember Denapoli levels is a dynamic study and as the market falls you get different levels you get different places to to be a buyer When we get down there now, it's going to be Very easy to be selling this market short. So now we can play both sides We can play the short side as well alongside because the market's so weak. It's got so many so many players that uh that have Experience tremendous losses margin calls and all the all the pain and torment that goes with With a bear market so, um I was listening last night on youtube to this guy jerry Jeremy, I don't know how to pronounce his last name Gee something gutsy myth or whatever, but he's he's a market timer and he he looks at bubbles and whatnot He was talking about how hard it is for the average guy To be in a high cash position when we're still in a bull market and of course people think we're still in a bull market And you know, we don't have a confirmed bear market yet, but um, you know, I think it's coming You know larry it is no problem for me whatsoever To be in 70% cash. I don't care where this market goes to the upside Now why is that because if you look back and go back to that first slide? I showed you it's a matter of risk evaluation What we are doing is we are as traders is we have to evaluate risk And the risk for me. I mean, I've been in this market with both my feet for Certainly since 2008 um And I'm backed off now because the risk is is simply uh beyond that which I want to digest Also, I don't have any problem whatsoever at buying at these pre determined Denapoli levels levels that you can get Way before the market gets there. I don't have any problem stepping in front of that Train people talk about, you know catching a falling knife. I had it isn't a falling knife to me It's it's it's catching the bounce of a ball You know, that's that's what it is So let's talk about resistance on this current current down move Far as I'm concerned. I can see this whole this all-time knife holding not exceeding it for 35 years, but Where do we want to be a seller of long positions? We're not necessarily going to go short unless we're trading short-term recipes uh futures, but uh Where where am I going to get out of my jd's and all us see cmp or whatever the hell it was all the stuff that I bought On this recent decline I already had about half of it, but you know if we can hit this 44 60 level this is determined by an expansion I've done some little different things with expansions Then you know 50 years ago when you taught me my first expansion already and and that That has to do with something called step forward step forward does not always give you the same expansion points as does uh the original Uh expansions that we that we all know about but anyway in this case We've got resistance of 44 60 and I'm going to be ready to dispose of Some of what I've already accumulated On the way down Now there's my picture in case you know Want to know who it is. It's actually my picture about eight years ago. So How many years ago? Maybe I haven't weathered too well larry. I think this inability to go back to thailand has uh Effectively negative going you're doing okay. You're doing okay Well, you're the amazing guy. I mean you've got you've got years on me. It's incredible That's uh being being italian from the northern part instead of the southern part baba Uh, so I'm from the southern part. So that's uh Yeah, but I have an advantage You know the southern part we've got black blood in us and in this wake woke civilization that we're living in now I guess that's a that's an advantage That was supposed to be funny larry. I was laughing. Didn't you hear me? Oh, and I didn't hear I did Go ahead when you left about We're gonna we're gonna be banned by somebody if we keep talking about the racial discrimination. So keep going my friend Good Joe, you know that was the last comment. Okay, unless I'm pushed into it by some of your questions and thank god We got time. I hope for a few questions um So if we've got questions or we can just keep chatting whatever you like Okay, we've got a question from our good friend William Chu over in singapore and he's asking about amazon Do you have any comments about amazon joe? I do, you know, that's a wonderful stock to to buy on dips um And I believe the buy point the most current buy point I have on that now is 30 25, of course To our friend in Singapore, uh, these numbers can change. You have to know how to he's he's actually on the he's actually on the line William, why don't you ask your question to joe directly? All right. Thank you, mr. President. Hi, joe This William here. Actually, I met you before when you were in singapore teaching Yes, yeah My question on this amazon is this um at this point in time We see that amazon is at 38.2 percent the tradesman Based on the the what you call the previous top at on the 9 of september Which is around What you call 30 35 50 35 50 and then the the bottom at around 31 75 which is uh fourth of october This month so based on these two reference point. We are now at 38.2 is tradesman So I'm wondering at this point. Is it a good time to uh, what you call on the shop position? Or let's say buy a put on the image on Uh It's very difficult in a bubble to be trading the short side You have to be highly experienced. You have to be able to function on a short term time frame Uh, there are other numbers On longer term charts that show support in this general area for um amazon And in fact when we first made it down to this area, I believe it was about five weeks ago or six weeks ago Um, I was long I got long amazon and I and and the rally up, you know, I took profits on the rally up So right now, you know for most traders I don't recommend puts I don't recommend the short side because we what we need to do is we need to We need to crucify and and last people That are on the long side. Everybody has been trained by dips buy dips buy dips buy dips But people don't know where to buy dips. I do most people don't people don't understand that you have to adjust the point of the dip Depending upon the context right now context for the market Sick Is a good level For the dip if you're if if you're if you want to go short And you're a short very short-term trader and uh, you have wood slaw for and you understand Good high quality techniques. You can do it. You can make money But uh, okay, it's risky Thank you for calling in William stay with us Joe. We want to let the folks know how they can reach you William you'd be good over there. Okay Okay, thank you. 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That's 877-518-9190 Okay, we're back folks speaking with joe denapoli denapoli levels joe Would you be so kind enough to tell us how the folks can reach you and could you Be kind enough in three weeks joining us again? Well, I think I'll be able to join you again Larry Because the trip to Thailand has been delayed they they keep saying they're gonna open it and they and they don't So I think I've put my trip off until january to be able to pop on the show I really enjoyed doing these things that you know, I don't think we've talked as much in 15 years Well, you've worked it out with your parole officer over there in Bangkok Hey listen Listen, she just let me know when you come back, but I but I haven't haven't yet Anyway, how do you get a hold of me fifth trader calm I'll extend that offer for $99 on the bulk of 60 days free on the website through sunday midnight I can't do any more than that due to royalty Arrangements you have to go to the miscellaneous section and put in the code Tommy Otherwise you can't get the deal Do we still have any time left? Yeah, we still got another 60 seconds go ahead Uh for william there is One of my denapoli experts, uh, joseph axon was coming to singapore He lived he's actually a singapore native and he will be returning from thailand to singapore to live there So he will be there and people in singapore that want to want to um You know learn about my techniques I'll have a great opportunity because he will physically be in the country And you know along with him there are some good outfits market-wise is one. I've spoken to them I think it was two years ago. I did the keynote. So singapore is a great place to learn about the market It's a wonderful place to live very organized And larry are there any more questions or anything else you uh, you have for me? No, you know, you did really good. You stayed off the political hot seat this week So you're going to be invited back again. Hey, please tell pepper tell peppermint patty. I said hello and uh I really enjoyed chatting with you. We had so many so much fun through the years. My god, joe used You know, we we spoke to every day for like 15 or 16 years until you moved over to thailand. So Hey, come see us again. Okay, buddy All right, my friend. Thanks for the invitation. Love you Okay, you bet. We'll see you on monday folks tim boss financial cycles weekly. May god bless