 The following is a presentation of TFNN Trade what you see With Larry Pezzavento Call now toll free at 1-877-927-6648 or internationally at 727-873-7618 Now Larry Pezzavento Looking good Billy Ray feeling good Lewis well folks if there were any doubt that the royal family eats their young It's in it's in the news in the UK. You can't find anything in the paper or on the TV about this But Prince Andrew has lost all of his titles. Okay, he's lost all of his roles in the military He's lost all of his money. She's cut him off at the knees. So he is persona non grata I mean and that's her son. God help her if it was her husband All right, let's take a quick look here. We're waiting for JC. Hey, well, thanks. Thanks a lot Basil Anyway, let's take a look here at this folks giving you an example of what news is like January remember when a chap acquitted happened and In the president or a senator Ted Kennedy got in trouble with Mary Jo Kopeck and she died That was on page five of the New York Times. There was a reason for that. That was July 20th 1969 that's the day we landed on the moon. Everything was about the moon That was on page five of the New York Times. So the news is really controlled a lot and believe me. They're strong Our administration is a strong Figurehead of the What I come I don't know what the word is but they go along with what's happening in London with the royal family So that's why you're not seeing anything in it, but it's a big deal in Australia It's a really big deal in the UK. So I just wanted to bring that to your attention that these news things are total baloney now Yesterday when we were talking about some of the things that I had learned. Ah, we've got mr. JC Parrots coming on from all-star charts pretty soon. I think I see the charts coming into the room folks We're really lucky to have this young man. You remember his name because he's going to be very very famous He's already famous. He's going to be even more super famous. I can promise you that I I'm really impressed with what he does and Hopefully we'll be able to talk to him pretty soon JC. Are you there? I? Certainly am Larry. Hey, thank you, buddy I really appreciate it. Why don't you tell us the folks what you're looking at today? And we really appreciate your time because I know you're super busy with all the things that you do So tell the folks what you're looking at It's another day Larry a lot of charts a lot of good music. Maybe some tacos later some good wine I don't need much, you know rates are going up and people were breaking out I Find it hilarious You know I live in the United States very close to New York City, you know, I lived in California for five years I am surrounded by individuals who their home country bias oozes out of them You know everything in their world is high growth tech, you know, United States centric Screw the rest of the world screw a commodity screw energy High growth high growth high growth and those same people are just very very frustrated in an environment where interest rates are going up And those investments tend to underperform While the rest of the world that it has much more exposure to some of these cyclical areas like banks like energy Like commodities natural resources Industrials materials are out performing those high growth areas in a rising rate environment Which if you look at the bond market, we are obviously in and I just you know as an observer of markets and market Participants I can't help but notice the frustration out of these Americans with their home country bias That's the understatement of the year Go ahead my friend Australia and and sentiment is at a point currently That is very different than when we came into last year and for that matter when we came into the year before 2019 was a heck of a year for us investors and they came into 2020 super bullish right before COVID and completely got crushed And then we bounced back quick. They came into 2021 super bullish What happened all those growth names peaked in February bio tax Chinese internet All those growth areas the ARC funds the IPO index all peaked in February small caps micro caps struggled for the majority of the year and Therefore came into this year the most bearish and pessimistic that we've seen in years And I think that's a bullish catalyst for stocks Mm-hmm certainly could be Are you feel about that Larry? Well, I think we're in for a little short-term correction whether it's a long-term correction or not I have remains to be seen but I'm a short-term swing trader, you know, I'm more concerned about how much I risk not about how much I'm gonna make but We've done okay from the short side the last couple of days, but that could end in a moment, you know You know, I'm looking at these the natural resources, you know Look at things like metals and mining free port Mackamaran copper oil holding above 80 these energy stocks breaking out Financials breaking out, you know materials in general particularly the base metals the precious metals can't get going Nobody wants those rocks, but the the base metals continue to act. Well aluminum the stocks They look very different than these growth areas and when you look at the composition of some of these other countries around the world Particularly like in America you look at areas in Europe. They are very looking UK for example UK has four times the exposure to natural resources than the United States And you know what their exposure to technology is in the UK less than 1% So you can't you could you you have a hard time finding a more different market? And this isn't some small little emerging market. This is the United Kingdom This is a big market and it's completely different than what you're seeing in the United States and the outperformance is quite obvious and and why Looking at your charts with your cup and handles and head and shoulders patterns that you have in there That's really cool. I don't know if you know this enough, but my my daughter went to school with the folks over at With Bill O'Neill and as a matter of fact Well, that was her first boyfriend was Bill's Bill's son and she actually goes with him again So it's really quite quite funny Yeah Yeah, that's what's on my mind crypto currencies. I think hanging in okay if you want to look at that real quick I think that's an interesting scenario Go up shows what you're looking at there cuz I I'm very interested in the cryptos because I think that's gonna be I mean, that's they're here to stay in my opinion. I don't think this is a bubble I mean bubbles go up and down. They don't stay for 12 years You know, so I think that this is gonna be pretty exciting I'd like to buy this stuff down around 25,000 but they don't always do what I want to do Yeah, agreed for me. I have a hard press to believe this is a bubble if the price of bitcoin is at the same price It was a year ago, right some bubble looks more like a consolidation and a digestion of former gains If you ask me the question becomes how long will this digestion last and you know just this chart alone I think really tells an interesting story because you got former resistance, right early 2021 right around 41 10000 we broke through there hit that 65 came back down the crash really precipitated when it broke back below 41 Retested that level on the bounce Ultimately back again this summer sold off ultimately broke again all of that former resistance turned into support Classic polarity same stuff Edwards and McGee were writing about in the 1940s We came back in the fourth quarter retested that level and now here We are again Larry once again back at the scene of the crime I think if we can hold that 41 Re-tested 65 is inevitable, but break below 41. I think will be critical I think 30 is a near certainty and most likely probably 20 after that 41 is really important Hey JC, thanks for joining us today, buddy I know you got to do your twitter show coming up, but we'll have you on again soon and may god bless and stay on the Green side of the grass You got it. Larry. Thanks for having me buddy. Thank you very much folks one Carlos Parris All-Star Charms folks you cannot miss 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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I started my really heavy study back in 62 63 When I was just getting out of college and I got into my mba And then I really started getting into it, you know our 60s, but I've done a lot at least 55 years I've been doing this. I thought I knew everything back in 1988 I was in switzerland if you remember I told you about this banker deal And I was in Zurich and I was being interviewed by the European version of the wall street journal by their Zurich correspondent who was Beatrice schauffhausen She was absolute. She was a model and she was absolutely gorgeous And so we spent about three hours being interviewed and stuff and I was using every move I had none of them worked And then she said, you know, you're wasting your time and I said, yeah, I figured that and she says I'll introduce you to my boyfriend. She said when we leave and so we went through all this stuff And so we went down into the lobby and there's there's five or six. It looked like the secret service You know, folks, it was a secret service. She was a mistress of france. We'll meet her and That dude from france. He was the king of france. Whatever he is over there I don't know what is but anyway, I got to meet even say hello and everything went back to my room when I I was trading and all the things that I were in was in that day. I got stopped out of all of them And I figured out what I did wrong and I had my stops in the market reversed right after I got stopped out And I got stopped out at the exact 1.27 of those numbers I didn't know what those were until about three months later when I met brice gilmore in chicago One of my students came up to me says you got to come in and listen to this guy So I went into the room as I walked into the room Brice saw me. I'd never met him before he had seen my picture and he said hey Pesavento is in the room come up here young man. He said sit down. You might learn something and everybody was laughing Which was you know, it was a big joke. So I went I sat right in the front and after 10 minutes I was flat blown away. I saw that the 1.27 the expansion what it was and I knew what that was I knew I I didn't know what 127 was and I didn't know what 786 was I mean the square roots of 618 and 1.610. I mean doing these numbers. I don't know this Well, what's happened to me this week folks is the same thing what I'm looking at when I look at that smh art He showed me some things that I'm going to share with you later in the year But uh, he asked me to do the work myself. He's you learned from somebody that taught him And so what I did was I he said pick pick seven or eight things that are really crazy today And check and see how it works. Just you know, there's certain parameters that you have to use and everything Folks every single one eight for eight. There was soybeans. There was wheat The s&p you're not going to believe this. We've had a big swing in the s&p, right? We had a high last yesterday at what 47 30 Okay, and you came down and you made a new bag bang down low and we rallied up 60 handles Why don't you do the work yourself and see where that rally stopped? I did nine of these that I didn't do them. I watched what they were doing folks This is something really exciting. I've never seen anything like this. I mean I I know I'm only I've only looked at a few samples, but my goodness I haven't been excited about something like this in a very very long time I'll share a couple of them with you because I think it's that important And I know I'm not really worried about it because most of you are not going to do the work yourself So that's not a problem at all. So let's get this up here. This is the one from Early this yesterday. I believe let's get this up here. I wanted to get this to your attention here Hold on one second And there's where we were yesterday. This was yesterday's You'll see when we were on the when we were on the line there between 11 and 12 o'clock You see we went up and rallied right around 11 30 up there at 47 20 Which was a 61 percent retracement and I mentioned I said if it goes below that low at 46 95 We're going to go down hard and we did and look what we did just right on the close We rally up to 4700 and you know where we went today. We made another abcd down there at 47 who way way way down there boys and girls Let me let me give you a 10 cents worth of advice If the market closes really badly today doesn't make any difference if it closes near the low You ought to be short something in the in the stock indices whatever you can afford the The dow Jones or the well not the nasaq is too wild But the dow Jones or the s and p because this is setting up for a very very nasty day Coming in on tuesday. Remember we have a holiday Coming in on monday So the markets will be open sunday night and they'll probably be open a little bit there too So we'll be able to see what we're doing ruby. I'd be really careful about those rebies on these puppies This this has got a lot of downdraft to it darlin Okay, let's take another one. Here's look at this. You're not you're not going to believe this one because I I know you won't but this is a case. Here's yesterday's action This is for blast yesterday's high, okay This is a 15 minute chart. You can see 11 o'clock in the morning We were making a 382 retracement when the s and p was making a 61 perfect 382 15825 to the tick breaks one more time makes another 382 15700 and then last night it made another one at 15,050 and went down and broke all the way down below 15,300 Or whatever it was and then it rallied it rallied like there was never going to be another bear market and guess what? Do the work yourself boys and girls. I ain't going to help you that much, you know I don't know. I just think this is really interesting of what we're looking at I mean some of the things that changed shared with us on monday where it was really spectacular You have to know that with these different things that he's was watching and they certainly Falling through and remember he's mentioning the Fed is not out there trying to protect their Their quorum anymore. You never know what they're doing. I mean, they could be heavily short the market You don't know what they were they were short the market during 1929 during the crash For heaven's sake. So you can find that in the book I'll reminisce not reminisces of stock operator, but my own story by bernard baruch. It's in that area So we were watching that now here's one even even more exciting and we shared a little bit of that Yesterday and that was this is the this is the e-mini Let's try it again larry. This is the natural gas. Let's get this up here There's a natural gas from that high that we made back there and look at the 382s folks. This is one day's action The the the red line happens to be the ai but look at look at the 382s on this thing Give me a break Do the work yourself? This is one hell of a thing. I mean I and I've been doing this for so long and You know, I know as much about fibonacci is you know, probably half the people anyway But it's very interesting to see this happening Now someone's asked a question about the heating oil fact that it went up and made new highs One of the things that you do when you're watching these things remember We were looking at 262 yesterday and what we did was we watching a 15 minute chart We had a really nice break We went from 262 all the way down to 258 that was four handles 1500 bucks And then we went up and made a new high at the 1.618 last night at 264 and a half And we backed off a little bit from that level. So that's what we're doing right now and watching it I'm sorry. We'll be for for Butting in but by golly Uh, I think you're using a stop. So you got that one in the right handle. No question about it looks pretty good now Since we watched the dow Jones, uh, quite a bit here I wanted to well, we've got to take a break eight seven seven nine two seven six six four. We'll be right back Are you having fun trading the markets? 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I posted the chart of the E-mini to go through Yesterday's action and I you can see what's happened today But I wanted you to notice on this chart that the bottom there the 1.618 expansion that held for well over four or five hours Last night of the end course this morning it broke down very hard made a new low by Considerable amount and from that level if you'll do the work yourself Check and see what the 382 retracement was today I think you'll be surprised. All right. Let's move on to something else That people are interested in these days thinking of tlt and stuff here is the treasury bond if you remember we were looking for a buy down there on the 10th on sunday And the buy came in of course on monday the 11th and you'll notice we excuse me monday the 10th And if you'll take a look at this we've had a perfect three drive to a top pattern up here Two full handles what we expected it to do you can see we have a little guardly that informed here Earlier today, but that was a three drive to a top pattern It reached the profit objective that we were looking for so that's another pattern nothing more than a simple a bcd This one's happens to be perfect If you don't believe that just go look at the just take your a leg and measure your b leg Measure your c leg coming down to 786 Measure your expansion up to 1.27 count the look at the bars just count the bars This is a 15 minute chart You'll see that they they're equal in other words the ab leg is equal in time and the ab leg is equal time in price I mean this is this is an absolute perfect three drive to a top pattern You cannot miss it the first top comes in at you know the 1.617 the second comes in at 1.27 I mean that's just perfect when you've got everything lined up. Does it work? Hey, I'm going to show you one that doesn't work in just a second But this is one that works just absolutely perfectly Now since we're talking about things that do work Let's see one that doesn't work and believe it or not I I I know you're going to find this hard to believe but the gentleman that i'm talking to over in switzerland He gets all my stuff He has for many many years and he saw the short that I put on with JP or excuse me with uh, what the heck was it wells fargo I was selling wells fargo and actually the price was 56 72 with a buy stop at 58 40 I was alerted to the fact that the As that the They were going to be earnings for wells fargo today. There were five bank earnings today folks all of them were about the same Everything was about 10% only one of the five went nuts and guess which one it was. Yep I just got stopped. I mean, I didn't do this trade. I just put this on for purposes of you know What I'm trying to show me risk control, but 58 40 that was a dollar 70 of gay The reason why I came up with a dollar 70 I'm not risking more than 3% on anything that I do I did that just not in my not in my cards The reason for that is the mathematics behind what I do which is you know Brought out in the floor traders handbook over and over again Is that you got a a chance of winning on these trades better than 62%? Okay And the payoff is better than three to one and that that gives you a sharp ratio, you know out out of sight So that's that's why it's so important. I'm willing to take that 3% risk now. Maybe Monday Tuesday I'll be re reinstating to looking at that but he told me he said it's gonna it's gonna take your stop out He said and I and I said I said okay if it does no big deal I didn't know what the earnings were going to be but the fact that he told me that with all this stuff He's been telling me. I said, well, I got to pay close attention to this stuff. Anyway Anyway, we'll keep a look keep an eye on some of these things as we keep moving on now. I do want to Talk just a tiny bit what jc was talking about and that was the the bitcoin folks the real key price level Toot, there's two really key price levels 46,000 on the upside and 40,000 on the downside if we get any higher, you know is I'm never bored Oh dear Oh, there's there's somebody just skyped me that their troop replacements are someplace I don't know what that Fundamental stuff is okay The bitcoin 46,000 on the upside is very important because that's the 382 off the high of 52,000 So if we don't get about 46,000 during this time, but if we go below 40,000 folks, you're looking at 25,000 dollars Most probably in bitcoin and the way some of these things are acting if we close really badly today in the stock market I mean that you know down 400 500 points in the dow You know down 80 90 in the s and p and maybe down 3 400 more and in the nasdaq if that happens And if that happens look out because monday is going to be you're going to be closed on Monday and you're going to come in on tuesday and these markets are not going to open higher That's the way that's the way I look at it. I that's my two cents and i'm sticking to it I don't know where the markets are doing right now whether they're holding up. Okay, they've Never made new lows and some of these things which is good So that's it we'll be able to pay very very close attention to these things as we go through And look at some of these things as we're moving on and on All right now we've got the gold coming down. We've been up and we've been watching notice folks that the uh I got to do something for mr. Z here. We're we got down to 18 16 in the gold We think we got a chance at 1809 maybe on sunday And we'll be able to see if that's going on and we'll have a pretty good idea Of what's what's happening with that also on that those treasury notes that we were long we we've suggested today Um or yesterday, I believe that you know, we're really close to those Looking at that bond chart that we were area where you know, we had to have a profit in it So you certainly uh had a nice little profit in that one So that's a key one, but I got to show mr. Z this one. I I he has to see this I hope mr. Z you're watching because I know you like the beanies, okay And I did this long before it opened. So here is the pattern that I was looking at mr. Z There's the abcd pattern after the report. You see per just like that heating oil Exactly the same pattern and no difference abcd the market breaks from 14 dollars Down to 13 64 downs 36 cents and the high today was supposed to be 13 77 and three quarters I was 13 80 and we went all the way down to 13 65 So that's why on these shorter term timeframes. You've got to pay attention to this if you want to You don't have to if you don't want to but if you do I highly suggest it I'm going to be doing a a day trading webinar here coming up in probably late february early march and this is going to be Uh the 100 well not 100 it's going to be probably 70 of the theme and then i'm also going to be working on How to show you folks how to do some of these artificial intelligence You know pictures yourself because you can't do it because the market repeats over and over again That's why when this gentleman uh over in switzerland, uh He's got a funny name when he told when he when he told me what he was doing I thought I had seen everything just like I did before I met brice I thought I'd seen everything it wasn't till I saw brice and and I started meeting him in 88 all the way through 94 He came to Tucson a few times but for six years He came to the the house in in pismo beach and stayed for one two three months at a time Mark would come and stay a month at a time and other people would come in too But I learned a lot from him just by watching that I never had a losing day with brice in the room Because his work was so uh intense that uh, yeah, I had losing trades But I didn't have any losing days You know, I'm you know, basically I look at smaller timeframes to make a living You know, I'm a shopkeeper someday. I have bacon for sale someday. I have uh socks someday I have uh, you know women's hats I just depend on which looks good to me and that's one of the things that uh, I was looking for Yesterday, uh, we were talking about this one on the air and I'll talk about this when we get back This is the natural gas from yesterday folks and we'll talk about this one when we come back Are you in the market for buying or selling real estate in the bay area? Including the surrounding st. 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That's tfnn.com then hit watch tiger tv Okay, folks. I posted that chart of the natural gas. I just wanted to show you what happened yesterday We remember he had gone up $7,000 on wednesday on thursday. What did it do and gave it all back? In fact kept going lower and lower We're getting close to something that could be very interesting in natural gas here folks Give me give me a second here and I will bring it up if you remember here Just a few months ago. Well, it was one month ago. Shut the front door. We were looking for this big abcd pattern To complete in the natural gas down around the 350 area. The low was 353 now We had this huge run up yesterday as you can see here and then they run down again today Believe it or not folks. We were trading it. I believe 412 or something earlier in the day But what what is really interesting about the natural gas now is if you'll Break it down to just a little bit. We'll be able to see it here. I think I'll be able to see it I've approached the chart here somewhere now. Where did you put it cowboy? That's not it. This is it. Here's what we want to see Okay, here's the last several days Going back last well, it's the last two and a half weeks. I guess three two and a half months Here is the move here that we had in the natural gas. You can see yesterday We went from four Four 420 all the way up to 486 488 was a high We went from 488 and we come down now look where we are We look where we're trying to get to folks right around this 405 403 level That's going to be where the old highs were back in here before we made new lows And it's also going to be a 61 percent retracement level So that's going to be a pretty good chance now. We've come down really hard here in two days I mean this is 12 13 14 two days we've gone we've gone up We've gone up 7 000 and come down 7 000. This is not for the faint of heart So what you have to do is you got to be able to find out a spot Where you're going to find out where you're going to be risk controlled about and that's what we're looking at The Only thing boring The only the only boring days is your trading style. It says yeah, it is boring You don't have to listen to me much anymore boys and girls. Hold on just a second here. Let's get back here We got another question. Someone's asking. I think do we have someone calling in? Um, do I trade not daily but just about four days a week? Yes four days a week on the natural gas It's one of the better ones to trade for it's basically just like pork bellies used to be I don't know what that stuff, you know, I you know, I really don't know the units All I know that at each tick is worth 10 bucks. That's all I need to know so That's uh, that's pretty much uh what I watch but uh, it trades beautifully. Well, you can see it I mean, well, I've posted so many of these darn charts You you know, you could be able to you know, write a book about the darn stuff Look at the well, I showed you the other one the other day But this is uh, this is uh, what we're trying to do is to line things up One other thing I wanted to mention here getting off the track yesterday If you remember, we were talking about with the Dow being up 150 yesterday And the Nasdaq being down 200 it was because of stocks like Boeing You see Boeing had this, uh, it went through the 38 to retracement there, but uh Thanks, Shane There's gonna be there's gonna be a is gonna be a revolt. I think hope boys and girls let's move on here Anyway, when you see a stock like this and the Dow up so much and the rest of stocks down It's because one or two of the high-priced stocks are tough That's why the Dow sometimes is a little little squirrely because you got one or two stocks in there That are making the Dow move You know folks if you want to see a real bearish chart go look at Walt Disney Go look at Walt Disney and just look at the abcd that we just completed at the 3a2 Disney's got big problems. I don't know where they're coming from, but they got big problems I don't care about their draft kings or all that other stuff. Look at that chart of Walt Disney. That is not a good chart It is not a good chart. It just flat out isn't and we got a break coming up here And if I got a chance I will bring that up. By the way, if you have any questions You can call us at eight seven seven nine two seven six six four eight Oh Al says don't even bother right now because the lines are just backed up Maybe you'll get through to us on Monday and we'll be able to be able to answer their questions there But I will do that chart on Disney because it's just an absolute Bearish chart. There's no question about it here. Let's just move here if we have any questions We've got a break coming in four minutes, but I don't want to break anything up You know what I could do since this is our show and we're going to do this right now. Hold on one second here Jim Bartolioni is going to be our guest. I believe on Tuesday boys and girls And I'm going to I'm going to do this right now this chart on Disney unless it's changed is so bearish That way and hey Walt Disney's like muck mcdonald's man. That's just a mother god in country stuff So let me get the old chart up here of the old Disney Reno and we'll see what we've got here And uh, we'll go from that level right here. Okay, what are we doing here? Okay, all right Hold on one second here and let me get this up here for old Walt Disney here. That's dis as I recall Let me see where we are Yeah, I to me and hey, I could be wrong. I might have looked at a different chart, but I don't think so No, I haven't done it. Oh no wonder. Hello Gee whiz. All right, you'll be able to see this in just a second. Hold on Uh, this is worth the price of admission boys and girls. So just give me a second I saw it here last night. Oh my goodness. You'd never believe this. Hold on and they will be up We'll be to you in about 30 seconds or less So all I got to do now is to come up and I got to change the scale of the settings Only takes a minute here getting a little more better at this as I go through these late years of the old Life hold on a second here and where are we all I got to do now is find that little puppy And it'll be here somewhere. Where is it? Walt Disney Disney Disney everywhere Oh, there it is. Nope, that's not it chart chart chart chart. It's got to be under chart. There it is There it is Disney. Here we go. Now. Take a look at this chart. You want to see a various chart? This is the old program with the old a p c d boys and girls. There it is right there You'll see it. There's your 382. There's your a p c d. That was about a week ago today The cat's out of the bag. It's from 160 to 149. There's a perfect garterly pattern in a 382 I mean, it's just spot on at 160, you know Now the the one I looked at with Wells Fargo, you know that one that you gotta take a 3% loss But look at that one. You see that's a very interesting something's wrong with with Walt Disney folks I don't know what the problem is, but there's a there's a there's trouble in What do they call that place fantasy land or whatever is Used to love that place my favorite place was the pirates of the Caribbean and the one with the Little house what's with the little small world the small world was one of my One of my really big favorites that we used to go there all the time the magic kingdom We were with Drexel one of the biggest perks We had at Drexel folks if you were the leader in in your group for making money that month one of the things that you got is you got a birthday day at the Pirates of the Caribbean, which was mr. Walt Disney's private Residents and they turned it into a beautiful place for parties and stuff And the Cinderella and Mickey Mouse and Minnie and Pluto all the gang would be there And you they'd be giving gifts out and having the cake and everything as the people were Writing the things through the pirates of the Caribbean That was a big deal when you had a birthday at disney everything private private Plus you had a badge that you walked in front of all the lines and you didn't have to wait in line at disneyland Not so many lines anymore. 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I'll post the chart here of the nasdaq on the weekly basis You can see here that we talked about seven weeks ago back in When was that that was way back in december sometime december 5th? I believe six or seventh seventh I believe we've had a little bit of a break now. We're getting ready to take out these lows here In fact, we already have and we're going to find out whether we hold up or not as we go But as I mentioned before if we close really badly today I mean down like 300 points and more than 300 more than making new lows on the dow New lows on the s&p new lows in the nasdaq You don't want to be long stocks. You don't have to be short But you don't want to be long any of your stocks you tighten up your stops anybody want to these folks out there have not Kathy woods and all these other people they've not experienced these really vicious bear markets that occur Every so often we're beginning to see them. I mean we've we've already pointed out You know these markets are just not reacting well to the news at all We have good news and the markets, you know react poorly With the exception of will's work But anyway, that's the main thing that we're paying attention here to do to see that and also we got interest rates are going higher Has nothing to do with the stocks but has to do with the bond market You know the two ways that you can you know get rid of bonds There's only one way there's only two ways for the government's going to be able to get Through this bond fiasco that we printed all those bonds one is by hyperinflation. Okay, that's coming You can see it in gold and all these other things too The second thing is is they could renege against the currency and they're not going to do that So it's going to be hyperinflation. So they're they're priming the pump right now. So get ready for it That's what I see whether it's going to happen or not I don't know now we had that big move in the euro and it's backed off just like we expected to do We went up and made that that big abcd up there at that one at 1480 and now we're starting to back off a little bit So these are things are telling us that we got to get ready next week because We're going to be rocking and rolling. We're going to see some real serious stuff happening in these things. So Just keep your powder dry. There's going to be a lot of good things going on As we look at these markets coming out into the not into the future And that's my story and i'm sticking to it If you have any questions wait till monday live every day in an attitude of gratitude and may god bless