 The following is a presentation of TFNN Trade what you see with Larry Pezzavento Toll free at 1-877-927-6648 or internationally at 727-873-7618 Now Larry Pezzavento Looking good Billy Ray feeling good Lewis. I think we have David white mr. Google super Dave on the line Dave. Are you there? I am Hey, nice to have you on folks Dave has a product that TFNN You might not know about it. So what do they it's called charting is something charting the market Is that what I'm timing the trade charts, which is mostly based on Tom's book It adds a few additional things in there that I've added For the actual charting But we do a scan every night for Gartley patterns, which I think is what we're talking about this morning And those patterns are sent out. You can also download them through the software and look at them, but generally Either at night or in the morning By 8 o'clock in the morning. I've gone through those and gotten rid of the the false positives so you'll get PDF of just the Gartley patterns that we've found that look more like Gartley patterns may not be the perfect ones they may be setting up and I think Go ahead No, I was going to say you do butterfly patterns too. I've seen those you do both of those don't you? Yeah, I was I was gonna say I kind of think of them both as Gartley patterns Yeah, they are. Yeah, they want the guard of butterflies just to fail Gartley. It's pretty much the same thing Right. So the big thing is that on in equities they seem to happen a lot more in Commodities, but we we're actually scanning for that pattern in the in the equities and If you get one or two out of you know, there's two or three want that even look kind of close on it on a good day That's that is kind of like a big amount of Gartley's in the equity market That we have I don't know. I probably could have put 30 in that I sent you on on On Wednesday, but I don't know is this Yeah, something's big happening David. It's Yeah, it really is I Trying to fight hotcom here and it won't work But because I've got that I've got that PDF I sent you but it won't I had the same problem yesterday in the den And it wouldn't let me Put anything in there correctly, I guess still happening this morning So maybe I'll get it sorted out before my show later today But it is it is I'm looking at yeah about 30 of them here and almost all of them are butterflies To the ups upside and I mean further China They're certainly the emerging markets And it's not like it's a bunch of individual stocks almost every one of these is some monster ETF from the Italy South Korea Brazil Small cap markets here in the United States the financial sector But I I Think I said to you that I've never I don't remember when we started this, but I think it was like 2014 Yeah, it's pretty close to that. Yes, and so I think the biggest day I've ever had for Gartley patterns in the equity markets is maybe five or six and That you could that I could probably put in 50 this morning Tells me that we're in a market, especially with these butterflies that are extremely Extended and I I I don't know if you had any one that you particularly liked out of the ones that I sent you They all look the same day everyone There isn't a whole lot out here They all broke out pretty much most of them broke out without a sign of strength above the X point And I guess yeah, we did we were assuming everybody knows what a Gartley pattern is They don't they're missing something But basically it's kind of like an ABC pattern that extends and you get one more Leg out there. They tend to look like kind of sideways W's for the for the Kind of candid. Maybe it up. Maybe it like a 45 degree angle kind of a big W So you get that at least in the bearish ones So you end up you get this big long last leg Out of what it would normally be an ABCD you actually get this big extended move on the last leg and Generally, those tend to be some fairly big exhaustion moves generally now as the king of The bearish butterfly at the top of that butterfly. What should happen? Well, it shouldn't go any higher and that should be it It should just roll over and the wing should flip off the butterfly and down she goes. So we'll see what now Are you are you normally saying that it should come back to the bee? Usually it'll make a 1.618 expansion of that bee swing And then in other words take you down and take those lows out by quite a bit as usually if it's correct Okay, so somewhere between the bee and the sea Yes Okay, yeah starting with be the bee and take the bee up to D Excuse me You take the C up to D and then when the the D is finally done You take the 1.618 to the CD and that should be your first objective on the downside Okay, so we worked in fact when we started this we worked out Kind of the the best mathematical description of this but for everybody else It starts with an x-point. That's kind of where the pattern starts you come down and generally or you go up a Certain amount then you get generally something like a what a 70 80% retrace of that doesn't quite get up there And then it pulls back and it quite doesn't get back down to the previous low And then you get this big at least in the butterfly the butterfly pattern you get this huge extension And then that's it. That's all she wrote. Anyway, I just thought it was very interesting There's a couple of times in my career since 1998 of where everything was speaking with one voice and Kind of the dot-coms right at January 3rd of 2000 and every single Broker dealer and bank on March 5th of 2008 retesting its previous high every single one. I had probably 50 that day and always remember it Every single one was testing the previous high and 50% of the volume. There wasn't every single one It didn't matter whether it was All all all the big major banks in fact so When you see like one, you know, okay, that's kind of good. Maybe that's a decent pattern I just don't know if you've seen that many patterns at once develop. I know you do more Yes, I've gone through all the stock indices and everything and all these patterns are completed The last one to complete was the Dow Jones yesterday And the Nasdaq both of those completed the S&P had already completed at 96. Hey David Thanks for joining us today my friend and I hope the folks take advantage of what you put out It's really good stuff. Thanks a lot. You bet David white mr. Super day. Mr. Google will be right back folks If you're not currently using the Taz profile scanner when looking at setting up your trading opportunities Then your arsenal is short a mighty weapon The Taz profile scanner is a standalone piece of software that instantly filters over 2,500 global financial markets such as stocks ETFs commodity futures and forex headed by Steve doll Taz understands that in today's technological world the use of top-flight software Applications and technical analysis expertise is essential to successful trading in today's market You also gain access to the webinar that Steve doll and Tom O'Brien just hosted the best way to use the Taz profile Scanner to profit this webinar archive is available for all subscribers Immediately upon signing up all new subscriptions also come with a 30-day money-back guarantee So you have nothing to risk start your subscription by visiting the front page of tfnn.com today And you'll find the Taz profile scanner under the services tab sign up today Are you in the market for buying or selling real estate in the Bay Area Including the surrounding St. Petersburg Tampa and Clearwater markets Tiger real estate LLC is a firm that has extensive experience in the Tampa Bay area whether you're looking to sell your current property for maximum value Or you're in the market for a second home or investment property Tiger Realty has the experience across all areas of real estate in the Tampa Bay area to help buyers and sellers make the most informed Decisions across all price levels from the price You should be paying per square foot in certain up-and-coming areas to the type of cash flow investment properties are capable of creating Tiger real estate can help you make the best decision when it comes to all areas of the market before you make one of the biggest Decisions of your financial future called Tiger real estate LLC today at 727-329-832-22 Or email us at tiger at tfnn.com that's 727-329-832-22 call us today Many of our new listeners have heard about the Tigers Den the Tigers Den is a lively community where professional traders and investors can meet Exchange ideas and information in a comfortable moderated atmosphere here all of the TFN N shows plus see all the charts as they happen live And have access to archives of all of those charts You can test drive the Tigers Den absolutely free for 30 days and greatly enrich your knowledge of these markets And how to make your money work for you details on the Tigers Den are on the front page of TFNN.com TFNN has launched our brand new website You can still visit us at the same TFNN.com URL But when you do you'll see a new and improved homepage with a much simpler navigation Whether you're watching Tiger TV live in high definition or just accessing your newsletter subscriptions We even have new pricing in six months and yearly options Check out the new TFNN.com now and experience all the upgrades TFNN.com educating investors Call now toll-free at 1-877-927-6648 internationally at 727-873-7618 Okay, we're back folks, and I believe we have dr. David Paul on the line dr. David. Are you there? Yeah, Larry. How are you, sir? I am good my friend listen really. Thank you for being on Unfortunately, we're not going to be able to have Tom on today because he has a really bad sore throat So maybe we'll have him on later David would you explain I've had several questions about the Martin Gale system that we talked about the last time you're on Would you explain? How you use that because there seems to be some confusion because there's got to be a spot where You have to take profit somewhere because you're not going to get a 11-0 run at all the time So how do you handle that? Well, first of all, I hope people can you see the slides out there that I've got First of all folks, I Don't see any slides yet, but they might be here. They'll tell me if they are so I can't see it either So we'll just do one thing at a time to see if we can do it here He they say Okay, just go ahead and talk about it. That would be that would be fine Well, okay, I spoke I spoke last week about these clusters which make this Life so darned Difficult where if you've got a system that's right. Let's say 66% of the time. That's a hell of a good system But that means that you get five bad ones in a row Every 250 odd trades, which is a third times a third times a third we can all do the sums so these runs of good luck and runs of bad luck happen all the time and One of the most difficult things that I've ever had to do in my whole darn life is to get to a point where I can think in Probabilities and that's what Douglas talks about in his book. I have a little I have a little expression line that helps me Get that right in my mind and I have it on the wall here in my little office The expression goes Frequently wrong but never in doubt There's a book there's a book title there, don't you be stealing it now, okay? No, no, no, I won't okay good Just remember I was the only guy that bought that book of yours an astrology. Just remember that I did you With the one person. Thank you So these clusters folks are real and The stuff that I presented last week I just cut and pasted out of a gambling book. There's no there's nothing particularly new But I don't know if anybody can see the slides, but all I know is that if you bet $10 and you win after seven winning trades, you've made $70, okay, and If you lose and you double up To try and get your money back Then after seven or eight losing trades, you've got to bet $1280 to get your $10 back Which is not good, which is not good. No, that's for sure The reverse morten gale is quite simple and it's quite counterintuitive especially if you're on the gambling table because If you lose you keep the bet the same size And that means if you have a run of seven or eight bad ones, you've lost $70 which is not the end of the world. You can go home and all is good But if you have a run of good ones and you double up You can actually that was a slide I showed in London and impressed everybody that you can actually Run up that $10 into $1,270 after a run of seven good ones But as you say Sooner or later the bad one will arrive and it may come a lot quicker than seven So on the 8th you would be betting $1280 and you would give everything back Which is not good and that was the email that I fielded from one of your listeners last week No, here's how I here's how I get around that line And that's in the next slide. I don't know anybody can see it or not. I've tried to share them But rather than increasing Doubling the bet and this is my prized roulette system I go from a $10 bet to a 20. So the very first one that you win You in fact double up and then the next time rather than doubling up you go to 30 And then you go to 40 then you go to 50 then you go to 60 then you go to 70 then you go to 80 if you get a run of eight winners and Then you lose in the ninth time if you do the mathematics you in fact are up $270 That's much better Which is much better. Yes. Yeah, that's a long shot. Yes. Sure. It is. It's certainly much better So if you have a run of losers you would end up losing $70 if you have a run of winners you have end up making in this little example $270 so doubling up is very aggressive indeed So what I normally do is that I add the first bet is 10 then I go to 20 then I go to 30 then I go to 40 and after four or five I Normally stop now If you're applying this to trading then What I simply do is that I get into the first position a small position If it goes my way And the setup that I use is based on a Wike-off setup and it either works or it doesn't work very quickly indeed You're not sort of sitting there scratching your whatever waiting for it to work that sudden death And then when I can safely get my stop-loss to entry Then I add Okay, and that means in theory In a liquid market that I'm using the paper of profits of the first tranche To actually finance the risk on the second lot Okay When it moves my way again, I Bring when I can safely get my stop-loss up to the entry point of the second tranche then I add again and And in other words, I use the paper profits to finance the risk on The third tranche of shares so the risk never gets any higher than the initial percentage risk That's how I do it. I've been doing That's great Which which means that I can build a seriously big risk-to-reward ratio of Maybe eight to one relatively quickly Not as easy to do that in today because markets don't as you know better than I don't move that far in today normally but certainly on my Three to twenty one day swing trades that I use In UK shares and in American shares with a vector best product and I can quite easily do that I'm in fact doing a course for vector best on the 6th of December to show all our customers in North America how to do that I'm going to sunny, North Carolina to do that. Oh, that's nice down there in the Golden Triangle Hey, David, what is your favorite thing to trade someone's asked? What is my favorite? Well at the moment? I'm trading UK shares and American shares long and short. I also do take positions in The forex market I trade the forex market on a four-hour chart Largely across the board I use the Wycoff spring and up thrust enter positions okay, I Think it was you who's told me in London that Wycoff and Garkley knew each other quite well Yes, they did they should hey David. Thanks for joining us my friend. We'll have you on next Friday, okay? I hope that I and that out flower you take good care of yourself. So you too my friend and tell Tom I said hello You bet dr. David Paul folks will be right back Larry Pezzavento has just started his brand-new service Fibonacci 24-7 and he's already delivering content to his subscribers on a daily basis when the markets opened and even on weekends each Monday you'll receive Larry's written report that provides detailed Commentary and a summary on the charts and videos that Larry sends out and throughout the week when warranted Larry will send out via Charts or videos or both the key markets that he is watching during the day This will be up to the date active trading information that will help you in your daily trading in Larry's first week alone He sent out 25 charts six videos and a full report to his subscribers in just one week If you're a technical trader that uses patterns and retracements to trade then Larry service Fibonacci 24-7 is something that you must try right now new subscribers can get a full 30-day money back guarantee with nothing to risk sign up Now to Larry Pezzavento's Fibonacci 24-7 by visiting the front page of tfnn.com under trading newsletters The path of least resistance is David White's daily trading newsletter And if you're looking for active trading ideas then now's a perfect time for a 30-day free trial to this powerful daily trading advisory service David uses his years of trading experience to offer his subscribers his trading ideas each morning in his path of least resistance newsletter Using a combination of equity trades along with options David keeps his subscribers up to date with all pertinent market information with intraday afternoon updates when warranted Don't miss out on this great chance to get a 30-day free trial to David's daily newsletter the path of least resistance with no obligation to pay Anything David has been delivering solid recommendations for his subscribers recently And if you'd like to see the type of newsletter he delivers every morning then visit the front page of tfnn And you'll find a path of least resistance under trading newsletters for all the details and to start your 30-day free trial today log on to tfnn.com now 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 guardleys ABCs 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 gonna 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, we're back folks and we take a look at this chart that I posted This is from Jim Bartolioni v. 50 partners and as you can see here He is showing the completion of that butterfly up there It's a long-term chart, of course, so pay close attention to that There's just a lot of things going on if you remember we had that same chart from our good friend mr. Enzo Over in Italy and he he brought us the same chart. I'll do it Oh shut the front door in just a minute and we will get this out of the way here. Hold on just a second here What did I do wrong? Hold on there we go Hold on just to sit here and then you'll see here. There's the same one and yes and be there They're everywhere folks the the Dow Jones industrial average is also one that is Doing pretty much the pretty much the same thing that all the other ones are doing Let's put the Dow up so you'll be able to see that this is the one that Maria was talking about yesterday So we'll take a quick look at that one So let's move on to the one that is the most interesting of all in my opinion boys and girls We've been talking about this puppy since Hector was a pup and here's one of them. Here's one of his pups We're gonna bring it up here. Here is the one for silver. You can see the silver that we're looking at here 1640 in the silver is the ABCD patterned in this you can see Multiple ABCDs. There's a little three drive there also this is 61% for retracement from the low Way back in March when it was trading at 1440. So pay attention folks. We're coming down hard So we should get there whether we do or not. I don't know but we're very very close Now if you'll take a look at the same thing in the gold markets, you're gonna be seeing the same thing I'm gonna present it just a little bit differently because you've seen it a lot of different ways This was sent to us by one of our friends Over in Switzerland and we want to get this up here so we can take a quick look at it and let you folks see it. This is Yes, we got that new moon. No, we got the full moon coming up here on Tuesday. We got norm whiskey coming in on Monday Armory is the markets not closed on Monday. They don't close on Veterans Day. Do they know they don't Look look at this pattern here in the gold since a high was made at 1566 folks You know way back in September. Look at those moves Now the 382 on that puppy comes in at guess what? 1449 that's really close to those numbers. We've been waiting for for a very long time I'm gonna tell you a little story folks when I was back by the way. Hey timeout Judges ruling do not miss next Wednesday show Do not miss next Wednesday show the reason why we are going to take a trip down memory lane my good buddy Dr. Steve Shapiro Retired professor of Drexel University in San Luis Obispo Cal Poly is going to be my guest He was involved with all of it folks the AI program with Dennis Reagan Bryce Gilmore Mark Douglas all the big super traders that came through Pismo Beach and stuff and And his his mom was in how just just an old old story You're gonna love it some of the stuff with the wave trader and the AI program and some other things that we've had Experiences that we had you know through the years So I think you're gonna be really liking that and I know I will I was just chatting with him yesterday And I had I was laughing on the floor just remembering some of the other stuff. All right folks We talked about the gold. We talked about the silver. We talked about the stock market now. Let me explain to you Part of my education was a pharmacy and then I got a master's degree in business in Indiana And one of the professors would come in from Harvard John Galbraith and he would talk to us. He came twice During the two years I was there and in one story he told a story about the secret to investing and he had a good friend who was a Jewish furrier in other words he made custom-made furs this man was worth about 20 million dollars And he had two sons and he was getting he was on his deathbed He only had like four or five months to live and so he gave each of his sons a million dollars And he said whoever can do the best on this million dollar investment You're going to get the remainder of my the remainder of my fortune. So Sarah that's Carlos. Could you take care of that for me, honey? I go there get the time changes. He said whoever takes the best He take he cleans my car every Friday. Sorry guys Been doing it for 25 years. Anyway, let's take a look at this The rest of the story. He said whoever makes the most on that million dollars Up until the time that I die which is six months to a year will get the remainder of my fortune. Well The one son he puts his money in 4% t-bills the other son. He goes out and he buys an airplane He buys a very very expensive boat and he starts dating an exotic dancer At the end of six months, he's lost all of his money The other son has got 4% of his money So they go back to the father who's on his last breath and he says to the son that with the 4% He said I'm glad you did good. He says but frankly, I have to give the money to your brother He says but dad he doesn't have any money and I've still got the original investment He said son, but your brother has learned a secret to investing He said if it flies floats or does exotic dancing lease it So the thing here is you got to remember folks. It's all about risk control That's the key that we're looking at now Let's get back to the start of the show what we usually do and that is I paraphrase some of that by the way folks Here's the DAX daily. Let's just take it quick because we're we got patterns everywhere as David was telling me They're just they're just all over the map. Here's the DAX We've been up here for two days now, and if we take a little bit Just one second here if we take a little bit shorter term view of the DAX They'll you'll be able to see what's happened here now This is remember this is really short term because it's only over a day or two So that's pretty much what's been happening here as you can see we'll get this up and take a look at it And you'll see that was the DAX and then we just they're just just so many of them here that is and where's the footsie and the footsie's not doing really too much Let's get it up, but it's still completing a pattern. It's at the 61% retracement of the whole thing So this is a these markets are really dancing around these numbers whether it means anything or not I don't know, but we're gonna certainly find out all I know is that the grain the corn wheat and Cogs all that stuff did not act very well Given the fact that these tariffs are supposed to be over and frankly folks I don't trust them if you want to know that they use it as a well. I'm this not gonna get into that Let's just not worry about it. Okay, we won't worry about it That's for sure. The main ones to watch today folks are the gold and the silver They're right on the money and then we got another one We have the big daddy rabbit coming in here and I want to talk to you about it because it's really really important Here's where we were if you remember in the Treasury bonds these are the Treasury bonds You'll see here that that we still have a couple ABCD patterns down there. There's a big 1.618 at 155 13 Now the market you'll notice yesterday They excuse me on Tuesday rallied up to a 382 retracement at 159 and change and if you think these markets don't repeat remember This is one of the largest markets that we have folks and just look just look what happened last night because I happen to be watching Yes, here's the Treasury bond you'll notice between the fifth and the sixth it rallied a point and a half in Between the seventh and the eighth what did it rally to exactly to a point and a half and we've come down and we've touched these lows again Folks this is a this is really This really is getting ready to do something and open interest is dropping in these bonds So it's going to be real interesting to see if this in fact Changes so a lot of things happen eight seven seven nine two seven six six four eight If you're in the CD market and looking for a secure investment the Tiger first mortgage program may work for you The security for these first mortgages are building lots in the tax opportunity zone in st. Petersburg, Florida The tax act of 2018 set up tax-free zones across the country where you can build and hold for ten years and pay no tax on the profits Which makes these lots valuable the investment is anywhere from 30,000 to 75,000 The interest paid is 7% yearly paid on a monthly basis according to bank rate calm The best rate for a four-year CD in the country as of February 20th is 3.1% a $50,000 investment at a normal four-year CD rate of 3.1% would give you income of 1550 per year or sixty two hundred over the four-year period that same $50,000 investment in a Tiger first mortgage program would give you thirty five hundred per year or 14,000 over the four years what should you prefer? 6200 or 14,000 of interest on your investment if you'd like more information about the Tiger first mortgage program You can call me at 877-518-9190. That's 877-518-9190 If you're a trader in the market looking for exposure to gold or gold mining equities then now is a perfect time to sign up for Tom O'Brien's gold report the summer is over gold is trading back above $1,500 and the 10-year treasury is hovering at around 1.5 percent Tom O'Brien has been writing his weekly gold report for almost 18 years There's no one that knows more about how the gold market trades and how gold mining equities react new subscribers get a 30-day Moneyback guarantee so you have nothing to lose every Monday morning Tom publishes his weekly gold report with coverage of gold silver bonds the XAU HUI GDX the dollar as well as more than 30 different mining equities as of September 3rd gold report subscribers have five Active open positions with an average unrealized profit of almost 38 percent for each position to see for yourself The types of profitable trades that are recommended within the gold report sign up today by visiting tfnn.com Will the S&P 500 continue to climb for bold trades on US large-cap stocks in either direction trade SPXL SPUU or SPXS Directions daily S&P 500 bull and bear leveraged ETFs Direction leveraged ETFs an investor should carefully consider a funds investment objective risks charges and expenses before investing a funds Prospectus and summary prospectus contain this and other information about direction shares to obtain a funds prospectus and summary prospectus call 866-476-7523 or visit Direction investments.com a funds prospectus and 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 The bull bear trading hour with Tom and Tommy O'Brien next Well folks, this is our lucky day. We've got Beverly from Princeton, New Jersey on the line How are you dear? Hello, oh, maybe we've lost it gosh. I hope not Hello. Oh Beverly. Sorry. I thought we lost you. How are you doing today? I'm pretty good. I've been told Yes, I know you're not a fundamentalist, but it's nothing about silver makes any sense And what I mean by that is it is used as solder in most of the electrical gadgets We use it is used in almost every solar panel. It's built So why should the price be dropping so much? That's why I don't Look at fundamentals because I can never understand it. I mean, you know I know I'm serious Beverly because I really don't understand it because you I've seen it so many times I mean look at all the things that we have going on in our economy that don't look very good And here we got the stock market at an all-time high over the past 200 some years so I I don't I really just look at the bar charts. I really do I I started doing that back in Oh my gosh, I think it was right after 70 the October of 74 that was my last step of looking at Fundamentals and stuff and since that time I actually those are people that know me really well know that I really don't look at I haven't read a newspaper or magazine the only the only TV I watch is You know Frasier and some of the other shows that like a cozy TV with the Manics and you know the Mod Squad and And and of course Kojak, but anyway, that I really don't do the fundamentals. I don't know anything about them Well, you know the problem is we actually eat our silver in other words, it can't be recycled They make these teensy weeds you saw there's same thing with solar panels Nobody's gonna scrape it off and collect it and recycle it. So, you know, they do Over the world Japan Australia India they're building these acres of solar panels So I can't understand how the price could possibly be going down, but it is Yeah, it is but that as far as reclaiming. That's a really big business So one of my very close friends and dear friends out of Philadelphia has a big business That's what he does. He reclaimed silver gold Platinum and palladium and it's a huge business. He and his two sons have been doing this He's any middle-aged engineer and they've been doing this for 30 years. So it's a it's a big business And so they do we claim silver from I mean, I can understand Cell phones cell phones cell phones radios TVs Any of those things that have you know extra what do you call it? Electronic stuff in it. Yeah, that's where they get it from Yeah, if they break it down and it goes through it melt it melts it out and they they they have a way of separating it And then they they take it right over to handy and hard them there in Philadelphia and sell the remainder Amazing by the way, I drove all the way down Mount Lucas Road to where conjuncts with 206 in Princeton and Nowhere is it anywhere near Princeton University where you say you lived in a dorm No, no the dorm was right at the commodity corporation office right down the slope with a you know how it slopes down It's on the side of the hill. That's where the dorm was on the side of that hill It was right there. It's right right there at come or commodity corporation. They had a 20 that 20 room dorm there I think I don't know if it's still there now, but you know, it was there for years The average house there is a million bucks. Oh, yeah I'm not surprised that's the bottom and you know, it goes up So most of those, you know, if they aren't being used anymore, they're tore it out and replace with mansions literally mansions I'm aware of that. Well, I had no idea there was that much recycling going on and it's always good to talk with you, Larry It's always good to talk with you Beverly. I certainly appreciate and call in anytime. We always like to hear from you Good enough. Thanks, Larry. Okay, you bet. Thank you. Bye. Bye Okay, let's move on here. We got the markets rocking and rolling today It's stocks are down just a little bit doing very little S&P's trading at 30 30 83 folks pay really close attention to all these patterns that are happening And also we've got a really big event coming here on Monday We have that transit of mercury and we are going to put Mr Winsky's feet to the fire and have him explain to that maybe show us some examples of when that might have happened That's equivalent to a eclipse with Mercury and those of you that followed the works of Albert Einstein. That's what helped break the code for the theory of relativity was the way that mercury was Spinning around and he had to predict where these posts. I don't know the whole thing because it's way over my pay grade But it was related to something, you know, like that. So we want to keep Keep him in our thoughts at all time, but not mr. Winsky. We always have winski in our hot thoughts, but also mr What's his name? Albert Einstein, okay, let's move on here. I'll say I was someone's talking about the price of silver being fixed by JP Morgan folks I don't believe any of that conspiracy stuff, you know, like when they say that, you know, somebody's manipulating the markets They've tried that for years. They can manipulate it for a short period of time. Yes, Beverly is the friend of Ross Perle. You're right You're right. Mr. Z She certainly was anyway The main thing was the let me my lost my train of thought here out here. That's what happens Okay, let's get back to the the euro folks the euro is really really in trouble right now Let's just take it. Well, what am I talking about? It's just a few pips under the magic number But we want to pay close attention to it now because we are we're breaking down Below the 130. Let's just get this up here so the folks can take a quick look at it here. We've come down Below that key 382 level we're now trading at one one ten thirty. Well one ten twenty eight That's not a good sign. It's also below the ABCD structure that we had there also So that's telling us that the US dollar index that we usually focus on all the time No, that I hold it just a minute. Let's just correct something here. That wasn't that wasn't Livermore in the cotton market I don't believe I believe that was Terry. I believe the cotton guy was Was he either Burton Pew or somebody like that I don't believe I don't believe that it was because Livermore never really tried to corner a market as near as I can remember Who was that cotton help me out, Mr. Z. You might remember who the cotton guy was Shucks, I can't remember it isn't he said it in the book. Well, then if it's in the book I've read it so many times. I haven't read it in years, but boy I read it a lot of times But I didn't think that he actually tried to corner the cotton market But that would have been one that you probably could have Do that I know that some people have tried it But they usually end very very badly if you try to do something like that the hunt brothers tried to do it Of course the the feds changed the rules on one of you know, that's what happened You know, they were long a whole bunch of silver and all the guys at the mercantile The New York mercantile exchange New York comics, they were all short So what they did was they changed the rules no more short selling and they increased the margin by three or four hundred percent Well that put the end of that. Yeah liquidation only rules that put the end of that Bullish thing so that that's what happened That was when silver was trading right about 54 bucks But actually folks there was not a lot of silver traded between 37 and 54 I was doing a lot of cash business in Drexel at the time back there in 80 and boy I'll tell you those guys were they they couldn't get anywhere near 40 cents an ounce in silver for sale that just just couldn't do it 35 was the most we saw Go across to those bags got to be about 32,000 other as a face value of a thousand was worth 32 that's where I let mine go at 30. That was the education for the kids Anyway, let's take a little break here eight seven seven nine two seven six six four eight I'm certain you are or strive to be one of the best of the best at everything you do in life It's the most common trait that we tigers and tigers is here If you're looking to become the best of the best when it comes to managing your money Let me teach you to do what most wealth managers tell you can't be done Which is how to time the markets? I'm Steve Rhodes author of mastering probability and for the last 12 months Timer digest has been tracking my newsletter signals Which have earned me the ranking as their number one market timer in the nation for the s&p 500 for the last 12 6 and 3 months timer digest also ranks me as the number one market timer for gold as well The fact is markets can be timed and I'll teach you the exact set of tools that I use that has transformed me into one The best at what I do sign up for mastering probability today by clicking on the newsletter tab on the home page of tfnn.com And get immediate access to workshops where I take you step by step how to use an extraordinary set of tools as well as provide Great market calls to sign up today If you haven't checked out the newsletters page of tfnn.com What are you waiting for all of the tfnn newsletters are informative up to date Affordable and must have for every trader looking to gain a competitive informational edge in today's markets tfnn newsletters cover every aspect of the markets to offer you the very latest in market news Plus new subscribers get to test drive our newsletters risk-free for 30 days From all aspects of the markets including stocks bonds metals commodities and tech There's a newsletter to fit your needs exclusively from tfnn Stay informed each day you trade and get the competitive edge that will help you stay ahead of the game Visit our newsletters page by going to tfnn.com and click the newsletters button near the top of the page tfnn.com educating investors Basil Chapman has just announced a live 90-minute webinar He'll be conducting for subscribers to his daily trading newsletter the opening call Which will be taking place Tuesday November 19th from 5 till 6 30 p.m. Eastern time Titled a comprehensive review of the Chapman wave techniques and market outlook ahead for 2020 This is a great time to sign up for a 30-day free trial to the opening call while gaining access to Basil's live Subscriber event taking place later this month with some stock picks up 15 to 30 percent this year alone Basil will review many of the Chapman wave techniques that helped in their successful analysis as well as providing the sectors and Stocks that he thinks will be of importance heading into 2020 for all the details check out the opening call on the front page of 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 All right folks we're back. We'll have norm winsky on the show on Monday That's a veteran's day and then we have the full moon coming in on Tuesday So we'll watch how some of these things unfold as we go through and look at some of these things We've had a pretty good sell-off in crude oil folks We've down $2 a barrel from the high we made at that target up there at the ABCD at $58 a barrel So we're going to see if we hold this support here at 56 very strong support at 56 if this crude oil can hold that's the that's the $64 question. That's the main thing to watch. We got the euro trading at 1027 that one that's a very very Important area folks below that is not very good at all So I would be very very suspect of the bull the euro going up if we get it much below 110 20 and we're only at 110 27 where we are right now Remember, we have a lot of patterns completing and we posted them here gold silver all the others so it's It's real interesting to see whether these things are going to be Going to be holding or not So we'll see let's move on here and we'll take a quick look here Okay Okay, just a second But me I'm gonna get back trying to do two things at once folks. It's not an easy Not an easy thing Let's move on here. I Don't I don't understand what's going on. I'm getting messages here that I don't understand folks So bear with me. I'm trying to make sure I don't mess something up, which is not an easy task All right, just remember folks the main things gold silver watch those stocks watch those bonds watch those Look at this bond folks. This thing has just been crashing down here. We've got that big ABCD down here it's going to be really interesting open interest is dropping like crazy and So it's going to have a rally the question is when it looks like it's all fitting together like a rally in bonds It's sell off in stock, you know, whatever. I don't know. So we'll see we'll see what happens one thing at a time That's that's neither here to there. Okay. We'll take a break eight seven seven nine two seven 6648