 The following is a presentation of T F N N. The Tiger Technician Hour with your host, Basil Chapman. Call now toll free at 1-877-927-6648 internationally at 727-445-1044. Now, Basil Chapman. Hi everyone, Basil Chapman, preparing for my webinar coming up on Wednesday night. Actually, I'd say to subscribers on air that if anyone is interested in my webinar coming up, we're already starting to try to position ourselves for the upcoming webinar. One of the reasons is we have to take it as opportunity presents. For instance, we've got a couple of stocks that we've just added to our list of longs. We only have longs, we still have a very small position of the Dow short that we got right seven points from the all-time high. And I just have to make decisions about that. We had one stock that I said, let's treat it as a proxy for the Dow. It hasn't really moved as well as the Dow, but it is moving up and that's good. So what I'd also say to subscribers is I know many of you have asked me about dividend stocks. I'll be looking over the weekend, searching through them. And I've found two, one is in an area that is more sort of industrial. So it gives a nice percentage. This isn't just a purely dividend stock, but it is a stock that gives a pretty good dividend. And the other one is one that I had on the list from some time ago and it just got into the range that I was looking for. So we did buy it this morning and it actually gives over the year, it gives a 10% dividend. I mean, that's pretty darn good. And it's a good stock, but you never know. This is the start of a position and we'll see what that does. So what I said was if you're all going to sign up, start signing up now because by Wednesday we might already have a couple of positions that we want to just stick with and then it'll be a little harder because I always have a limited number of stocks. I can't keep following too many stocks because I just don't have time for that because I do everything else. So this is for my webinar coming up this Wednesday night. Let me just show you right here. It is for the opening call subscribers and you can become a subscriber. Remember it's basically like a free trial. You sign up for a month if you're just satisfied, you get your money back. Subscriber webinar announced what stocks could lead the market high after this correction is completed. I'm not sure the correction itself is completed. I think a chunk of it is completed, but the rotation says that there are still some stocks in some areas that are kind of weak. So what stocks could lead the market higher after this correction is completed, August 21st, 5 to 6 p.m. Eastern time using the Chathamary Methodology Basel will show the technical tools that have worked well in identifying market turns. Remember we were long a call position at the very turn in December to the upside. We also had the short side in April, the day before the high was made in the Dow. Then we got the exact day of the low, June the 3rd. That was the low that we went long. And then we got the short, seven points from the high, the day of the high. It was the 16th of July. And we took gains on the way down. Still have a little bit left. And I had said it's going to be kind of tough to call the bottom here because it could be a balancing rotational correction that makes a low, has kind of an internal low. And then when we look at where the next low of consequence is made, it could be the residual, I think earthquake and aftershock. And sometimes aftershock is less than the earthquake. Sometimes it's more, sometimes it goes on for a period of time. And that's what you have to think of in this kind of a low that was made with testing. And the Dow is the one index that went to a low, low. You remember, it did that in February to, I think it was March or April of last year. Made that double bottom low. And the others hadn't, the Dow had. Or was it this year? Time flies, yeah. So what we're looking at is with this webinar, you actually get my other webinars called the Tide. Remember, that was the technique that I said I'm going to be using to get the sell signals and the buy signals. And that gave a really wonderful series of signals that I use over a period of weeks. And it was about a week and a half. To say, we've made it top, we are short, but you can't expect the big decline to come yet because of certain conditions that we were looking at. And that really did transpire. So the tide was one and June the 12th, we had another one called anything goes the stock markets key phase. What's next for the market? So this is really a very important phase right now because I think in a sense, even if it doesn't quite work out now, this is giving you some kind of an idea of what could work when the really next big take off, take off, take off, I call it the take off trigger is kind of motivating the stocks and people to get into the market. So finally people actually talk about the stock market which they're not doing right now. And all time highs are ahead. When is the big question? So I do believe it'll be this year but I'm saying when this year. So let's look at the Dow. The Dow right now is up 257. This is really a very good move. Single leg A up, we had that before then a pullback one bar to a leg B became B minus a 26,000 for 26 in the Dow before coming down to 25,339. So let's go through these things. The S&P, so monthly charts are still quite positive, not great, but they're quite positive. And I do believe there will be all time highs and the question is going to be, how do we add to the long side? We've got the stocks, some of the stocks that we want. How do we add to the position of the long at 24,820 I think it was. I'd said this is a time that you can start thinking of going along for your portfolios much longer term portfolios like IRAs, care plans, whatever it is. That's kind of a move that we have and then that went to the all time high and 27,300. And now what we're looking at is where's the next implementation of maybe an add-on to that? So the S&P, nice pattern. I'm looking at the H. Let me make this a little bit bigger. It could still be an H. But if the S&P starts to trade in the 2950 sometime this week, that'll be really positive. That'll say, hey, that's helped the weekly so much because if it doesn't do that, that weekly is destined to do some retesting at least of the 2860, 2840s. All right, let's go on. QQQ123, QQQ monthly chart. Only a leg B so far. It could be a peak B if there's no new high above 195.35, 195.55. I missed an F5 right there, 55. And in the whole of August. Next thing you want to look at is the IWM. Come off the base very nicely, but it's had this kind of move before. So it's above the 14-period exponential moving average, a little black line. The MACD hasn't turned positive. Stochastic is good, but it's only at 15%, but it is turning up. So we're going to be watching this very closely because if there's any pullback from 150.60 right now in the next two days below 149.30s, that's not going to be a good sign. I wanted to show you this crude oil. It's stuck in a range, but it's now an upper range. The range now is between 53.60 and I would say 57.60. And you're at 55.49 up to 67 cents. But it's in this higher part of the band and that's the trading range. And that's good. That weekly chart really needs to see the 50... Oh, I would say the 57s hit fairly soon. Actually needs to break above the high of last week, which was 57.42. So I want to see 57.60s. Any intraday move, any intraweak. So in other words, any day that it goes above there's a good sign. I'd like to see it close above the 57.70 area. I like to see crude oil moving high with the market. That's a good sign. TLT, as we go to the break, the TLT is down at $1.64. Made 148.60 high. Now it's at 143, I mean it hit 143 this morning. 144.49 down to $1.64. We'll talk about it more when we get back and what are the implications. Files of trapping time conditions, our dose of 262 has to be up to 35. If you're not currently using the TAS Profile Scanner when looking at setting up your trading opportunities, then your arsenal is short a mighty weapon. The TAS 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. 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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. Hi everyone, Basil Chop. I'm just trying to finish this up here, notating this in the Chamois methodology. T, this is an A, this is a B. There you got your C. Oops, C. I keep hitting that X instead of that. Should be automated. It's not. Ah, let's see. That's going to be taken out. Okay, so this is going to be quite interesting. You know, I've never really looked at it. It was brought to my attention the other day and I didn't really pay much attention to it for some reason. We're looking at... Remove. We're looking at the SPLV, which is the Invesco S&P 500 low volatility. So, do they mean that there's a different mix? What do they mean by low volatility? D, E, F, G. Yeah, so here we go. This is a D. That's an E. That's an F and miraculously it turns out to be a little tiny doji candle, G. And then it makes lower lows. Now, I saw the exact same chart this morning. Did I write it down? Must have. I must have. I must have. Let's just do this, finish that up. Hey, this is very interesting. Thank you for bringing it to my attention because in the chart that I was looking at, it actually went to a D. So this is A, B. This is only going to a C at the low. Is this a brand new peak A? Yes, it is. An A and a B. It has to be. Okay, very good. So the question is, what was the question? Yeah, here we go. Two down on S, I, L, J. Is that what I looked at? No, you're looking at two different things. S, B, L, B. Who typed it? Oh, it's S, B. I could have wondered. Okay. S, B, L, B. Yes, this is brand new B in the daily chart. Okay. So you'll have to just explain to me what it is because I can't do it right now, but absolutely, that's the chapter, Falling Exformation. It's snuck above it. It means that it should test the most important high. That's the high of this 10th of July, 56, 58. The high today, so far, 5640. I should take that out. And that is, yeah, but exactly what is it? 25% utilities and 24, 20% REITs. I thought I recognized the pattern. That's so interesting. Very nice. Good. Yeah, it's looking good. I would say that it should go to a D and then it should become a little bit toppy because that'll be an E in the weekly chart. And all I can say is that it'll probably form a kind of a rectangle base, but I like it very much. Good eye. I think that the REITs just on a shorter term are very close to some chopping action. Let's just see. IYR. IYR is at a new all-time high right now. It's in new leg D. And that's at 9186 opens. It's at 9211, and 9225 was the high. So let me put this. I'll turn it down. Let's call that a D. Weekly chart is extended the E, or is it a brand new F? No, it's extended. No, no, no. So this went from 9172 to 9172. Yes, yes. And now there's a brand new resistance level for it to tackle. And this is one right here. It's a Chapman Wave inside track. I'm going to talk about this on Wednesday night of my webinar. And it can go. Oh, well, the next resistance is at 9282 in IYR. Yes. Look, I'll look at my CCI. Those are subscribers here. We got it from the 175s, trading at 144. It's almost up 10 points. Who would have thought that from a silly old REIT, this crowned castle core, REIT tower, this is the Chapman Wave Cup and Ladle breakout pattern. It should go to a D base on this cup formation. I don't know if it will, but that's usually the result of this Chapman Wave Cup and Ladle where the price soars to the left side high for 137.85 in the 20th of June, and still in either a B or a C. This was a B, so you could still go to a D. Usually after that, you get a pretty sharp pullback towards the lip of the cup. 137s, I'm not so sure about that. We'll just have to deal with it. Meantime, yes, very good. So I like it. I didn't ever see that before. And I need to write that down. SPLV. SPLV. Here we go. Oops, I didn't mean to do that. Here we go. SPLV is on my list. SPLV. SPLV. Right. It's clearly otherwise. You'll never recognize that handwriting. Okay. So now yet we want to go to the IYT, which is the next question. The IYT is trading up 252. It's pulled back from the entry day high. This is the, this is the iShares Transportation Average ETF, 195.65. The high on the 16th of July, same as the Dow made its high on the, on July. And 195.65. And it pulls back very sharply to the low of 174. Is that something? Yeah. 53. I'm going to put that in 175.53. I did lose some data over the weekend. 175.53. I had to do a bunch of things. And had it shut down very suddenly. And I just had a little problem. So I did lose some data. Okay. Next thing we want to look at here is, and it went above the 14 billion moving average support at 182.74. It went to 183.89. It's pulled back quite a bit now. I said 182.11. That's a bit of a struggle. And that weekly chart says it could struggle longer. That's why my pattern that I'm looking at is the lowercase h going to a lowercase m. Let me just show you this in the Dow. I drew it in for subscribers to my opening call with the plethora of charts I sent out Sunday. Look, this h. Oh, that's right. I did type it in, but it's on the other chart. I'll just put it in here. Goes to another lowercase arch making a little m formation. It could go higher. 264.26 was the high back on the 13th of August before it went to the low on Thursday. Oh, 25,339. Okay. Now a couple of questions came in. Let me just double check the questions. What happened here? I just got bombed from MSNBC. How did I get all that? I didn't even go to MSNBC. All right. So what we're looking at here is within the context of the markets, I said I would look at the FAANG stocks this week. So FAANG, Facebook stuck in that lower range. I'm going to be talking about this in my webinar. What does it mean when I talk about a hat trick top, when I talk about time and price? It means that the monthly chart is about to give a sell signal. You can't get a sell signal in the monthly unless the weekly is going to turn down. But the weekly won't turn down until the daily. When you get that hat trick where the daily turns down sharply, kicks in with a very important letter notation in the weekly. Like this went from peak F back at 2086, 208.66. And that goes back in late July. Well, late July, Facebook went to 209, 208, actually 66. That was the week of the 26. That's that same price. But that was a peak E. And now it's a late B. So that's good. But look at the way back. 218.62 a year ago, July of 2018 in the month. And it eventually fell down to the 123 level, I believe. So that was the hat trick top. Look at Amazon AMZN trading right now up 28 at 1821. Still just going to the lowercase H to a lowercase M pattern. Makes an all-time high, the newest all-time high. 2050 was the high back in September. Plumice down to 1307 in December, round number low. Spirals back over to 2035.80 pd in the daily. Takes its time. Remember, I was speaking about this in the webinar. I was speaking about it all week. And I said, I'll be talking about this in the webinar. And that is that it takes a long time for something if it's going sideways to suddenly break. Since 1984, Basel Chapman has been using the Chapman wave methodology to advise traders of his expert market opinion. While originally hand-drawing charts from the late 1970s into the 1980s, Basel noticed that prices under most circumstances virtually always had a certain number of legs to the upside before declining sharply. Later, Basel found that computer software which included the standard market technical indicators enhanced the degree of accuracy in calling price turns as well as market trend calls. Thus was born the Chapman wave sequence. Using the Chapman wave methodology along with other indicators, Basel Chapman advises his subscribers of his expert market opinion each market day with his opening call newsletter. Right now, you can get a two-week free trial to the opening call, Basel's daily trading newsletter, by visiting the front page of TFNN.com. Cancel at any time during that trial and pay absolutely nothing. Get your two-week free trial to Basel's newsletter, the opening call today by visiting TFNN.com. The path of least resistance is David White's daily trading newsletter. And if you're looking for active trading ideas, then now is 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. 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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. I just got told that I thought I'd done it. I thought I'd done it twice. In fact, I was already at about 6.30 this morning, maybe 6 o'clock. I thought I'd said I don't have time to check it right now, but my trader's corner, it should have gone out. You should have got it out. But I'm just putting it in right now for those of you who say that you didn't get it, which is a great shame because we have one that is done beautifully. So what's today? Today 19-19 upload image. I must have done it surely. I did it. Okay, but just in case you know what? You know what? I don't see it. How could I have done that? What a day. Well, I'll tell you what happened. I'm going to do it right now. If you don't mind, I'm not going to wait because it was so important. We call this trader's corner right here. Okay, that's my trader. It's the first time I've ever done that, I think. Traders corner in thousands of more than thousands, tens of thousands of posts. 08-1919 19-19. You'll see why this is really upsetting to me because we got something perfectly this morning had it gone out. I think it went out but I might be wrong. I'm just doing this right now. So let me just check that I actually sent it because I'm talking at the same time. No, I almost didn't send it. There it goes. Okay. So that's going to go trader's corner has just gone out for those of you who didn't get that part of it. What a day. The whole thing is that it was a chance that tomorrow I was going to be leaving for Sydney, Australia. My brother was ill for a little while and suddenly had relapse and I was all ready to go. I was just about a book when my sister-in-law said big recovery, doing very well, don't come now. So I was really just totally focused on that. It's one of the reasons why I didn't sleep all that well outside. I only found out this morning. So that might be the one. That might not be a good excuse. It was something. Yeah. So that, yes, thank you. His feeling is improving a lot and that was really important, but it was just it was really close. I was about to leave within another hour or two tomorrow at this time. Okay. So the dawn's up 247. What I was going to do before I interrupted myself was I was going to come back. I wanted to show you that within the context of these major leaders, the Fang stocks, look at this, 233.47 was the high in Apple back in, why not put a date there, back in 2018. That was October, yes, 2018. The thing also is that I waited for the last two weekends, maybe two weekends. I've been getting new computers to transfer everything over. Well, just a really, I didn't expect it to be such a big deal, but we've managed to do everything and everything's working out. It goes to 142 low in December. That's a 90. I mean, that's almost 100 points. No, it's 100 point decline in Apple. Then it rallies back strongly to the last high in the 220 area just three weeks ago pulls back again to the 200 moving average in the 193 area and now showing it 211 in a leg C. It's really struggling. It's doing okay because this is a huge big cap and it's done fantastically in terms of a couple of years, but this is a big digestive phase and I was really intent on getting that reversal which we did. We got perfectly last year. I said I was saying, watch out, the fang stocks are going to have a haptic top in the Chatham Wave and that's time and price even an interview in financial sense where I was talking about it back last year. I think it was in October I was talking about that. So now what we've got is only Amazon. Let me just check Amazon right now. Amazon got real close to the 2050.50 all time high. Netflix has really been clobbered. It is down from the 384 last high but the 423 higher June of 2018 it really just careened down to the 231 level, righted up to the 380s, slumped to the 280s and now it's trading at 309. At any time and that's the reason why I'm saying to subscribers I believe that we will have another sudden pullback but shock, earthquake and aftershock. Remember you don't know if it's going to be a retest of the lows it's going to be a higher low or it's going to really go sharply low. We'll see soon enough but what's really important is that Netflix has gone to a trough C in the daily chart and it's trying to rally but until it can get to the let me give you a number until it can really trade into 328 333 area over a two week span trying to turn the 320 level into a base. This is tough. Let's look at the XLE. I haven't looked at that in ages. I don't know if I've even updated the notation like a trough D, trough E and it's trying to rally. See here again, beautiful cut arch formation. Look at this arch formation what we're always looking for in the chaff wave methodology. We're looking for only three patterns straight up, straight down or the arch or the cup. You can have variations but that's basically what we're looking at. Well at 55 just recently trading out 58.16 in his way off the highs that remain in 2018 up in the 78-79 area plummeted down to the December low. I think it was December or November low in the 50. What was that? Was that 52? Was it even lower? Yeah, 53.36 and let me just type that in 53.36. I think this is starting. It's attempting to make an arch formation in the weekly chart to say, you know what, I can have another balance but I can only have balances. There's nothing really tangible here. I think America is actually really putting it to all the countries that are oil producing countries. I mean, America is really turning out the oil. Oil and gas, natural gas. That's impressive. So that is a big thing and that's just saying yes, you can have balances but they're within the context of the arch formation. Subscribers, yes, it's gone out. If you didn't get my Traders Corner, it's gone out very upsetting because the position that you should have been able to get today, which was one I thought about and thought about took a lot of time, did a lot of work trying to get it right. It's up 20-somethings up almost a percentage from what I said to buy it but you know what this is a 10% dividend play you have to buy a little bit less if you're going to buy it now and gee, that's upsetting. That's if it didn't go through. But in the meantime, back at the ranch, let's go through yes, it is. It's amazing how bad the energy stocks have been but you know they will be buys and I think they could be buys a little later on this year. They're starting to base at this particular point. It's on my list to talk about on Wednesday night. But in the meantime back at the ranch as they say we have an energy play that does give a dividend and I think that's a better way to play because it gives you this cushion of if we can hold it for a long time. It does give you a cushion because of the dividend. Very very good dividend. Now question I had about the steel stocks. I'll talk about the steel stocks SLX, that's the steel ETF, Vector's Steel ETF ETF. Yeah, it's a nice balance but boy, it made a lower low and it has another week to go to close above 30 to 60. It's at 30 to 67 right now just to kind of save the day to at least have a little bit more of a rally. But this is, it's not a great looking chart. That's for sure. And you are going to have to have China at least chime in to say something about steel. All right, I'll be back. Basil Chapman tiger finishes out. We'll be right back and a couple of questions I have. 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The investment in the funds is subject to risk including the possible loss of principle. 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 I was asked by a couple of people who just sent messages and asked about gold and silver. Let me just show you the GDX. The GDX right now has made a peak F round number high at 30. And that's an alternate count. No, it's correct count. That is a peak F at 30 on the 7th of August. So let me put this in. And can I make it a red? I'll edit it right now. Yes, I can make it red. So this is 7, 8, or was it 8, 7? 8, 7. Now it's really important that I'm going to call this a red one because I think that just on a shorter term basis, silver and gold have made some kind of a short term top. And we also look at the same as bonds. And it's gone to a trough A, trough B, and a trough C. So the GDX is the gold miners ETF. It's event X vectors, gold miners. And it's not a big deal. So it goes from 30 to 28. What is it at right now? 28, 35. The lowest today is 27, 61. 3 and a half points, 10% correction after a massive move to the upside. Basically, it goes from the 20 level to the 30 level. That's a 33% rally. Yeah, you can expect some kind of a give back here. So I would just say in looking at the SILV, I can't even remember what it was. Let me just double check what the symbol was. Would I look at, would I look at, would I look at? And I did, but now I can't see. Oh, this is what the problem is. OK, so we're looking at SILJ, SILJ. This is SILJ, this is the junior silver. And what we're looking at is SLJ is trading at. It's the same thing. Same as the GDX, my little double top. And that was at about the 10, right there. That was the 1080 level on the seventh. So let me put that in so that I don't have to keep looking at it, 10.80 on eight seventh. And it's pulling back. And I have to put it down arrow. And I have to put this in red because it's made a short term top that's gone to a cell signal upgraded to date to a cell mode, even though it's a very nice turnaround. It's up 2 cents. The MACD is very negative. Stochastic is at 53%. It hit the 200-period moving average in the weekly chart at 10.43 going to the 10.8 level. Changed that 10.8 level. And now it's actually this morning, it touched 9.53. The nine-period, the green nine-period moving average of the weekly chart. MACD is good. Stochastic is good. Yeah, I do think this is a pullback. Now if you had asked me where to get in, I would say, if you aren't in, but I know that you're in other gold and silver stocks, I just wouldn't get carried away to feel like you're really missing out here. I do think you could bounce, but I've got a feeling that it has to test the 9.20 to 8.90. This is the orange 200-period exponential moving average. And then let's look at it again. So I'm just going to say, yes, you could nibble at it here and say that I'm going to put a buy in here and a buy in a little lower-down load. I think right now, even though it's in a leg C, probably a peak C, and now it could start to move towards the leg D, I don't want to say, do anything like shorting gold, anything like that. I'm just going to say, this pattern is one we are familiar with, and it tends to hop around here for a little bit longer. And I would say, if you really want over 30 cents, I would say, yeah, that is a big deal now because it could go down to the 8.90s and that makes sense, a big percentage move, but this is the area that you would start looking at it if you aren't in it. So if you want to nibble here at 9.84, that's it, but the real buy would be below today's low. I'd say 9.35 is where I really would start to look at it, then that's when you need to just give me a yell and I'll look at it again. Question I had about, where was it? Yes, in the bigger picture. I'm going to be talking about the bigger picture on Wednesday in my webinar. It's really important that the timing here is right because I still feel strongly that there's going to be a couple of smackdowns. Those smackdowns could be buying opportunities, but if they smackdowns going from lower highs to lower lows, that's something very important. Right now the move that we've had of the low that was made from Thursday's low, this is very nice action all day. The shorts have been trying to get some kind of thing going to the shorts and it's just not working. And that's saying that there's internal strength. So I like what I'm seeing here. I don't want to say to you, just grab it here because it's going much higher because this is in a consolidation phase. This arch pattern says that you could build another right shoulder right here for some kind of head and shoulders pattern. It doesn't mean to have the conclusion as it goes down to the eight fifties, but it does say it could take a little time, just digesting these really big gains. That's all I'm saying. Okay, and Merck, I had a question about Merck. I can't believe it with all the stuff going on with all the talk in the Senate, with Congress, with everybody yelling and screaming about drug prices and the pharmaceuticals, et cetera. Here is Merck trading ABCDE, trading at 86.27. Look at this monthly chart, beautiful monthly chart, very long-term trend line, hit the trend line resistances. If I said long-term, I mean monthly chart, long, long-term that goes back to 2005 where there was a low at a trough D around about 28 and it screams up to the 60, just over 60, to a peak D in the monthly chart, plummets to a lower low, and that's always so difficult, a lower low, it looks terrible, but the technicals we're improving goes to 20.05 back in March of 2009, and then at that low, that multi-generational low, it goes peak ABCD, another one ABCDE, and then it pulls back, and then there's another ABCDE pulls back, and now it's only in C, and if it makes a new recovery high this month, it extends C, if it goes above 87.07, it's only less than 90 cents away from doing that. That's amazing, and Merck is also a different stock, it's not great, but it's a different paying stock, so this is something to keep in mind, if this is only a leg C, the very next big pullback, just give me a yell, because we'll look at it because that could be another buy mode going to even higher highs. Oh, and look at this, you won't believe it. Look at this huge cup formation, let's squeeze, squeeze, squeeze, squeeze. Back in 2000, Merck was like a bubble stock, it was like the internet. It goes to 91.50 November of 2000, this is after the markets had already started tanking, it delayed, it went later, and then it plummets all the way down from 91.50, even after some really good rallies, it plummets down to 18 to 20.05 March of 2009 before starting another move up, and here it is, at 86.28, just $5 away from the all-time high. I have a little section, I forgot all about it, but I have a section in my webinar called Old is New, and that's gonna be very important. Remember, Old is New is like Microsoft and Adobe, they all had major tops, Qualcomm major tops in 2000, and they plummeted 85, 90% or more, and then they had rallies that went to all-time high. Some have doubled that price that they were at in 2000 or more. So I'm gonna be talking about that. So Merck is acting very well up, one, two, three, at 86.29, very nice action, yes. A question there, a question about, oh, I'm sorry, let's go to Mike and Orman Beach. Mike and Orman Beach, gee, I forgot all about it, my mind is not good today, didn't have enough sleep. Mike, I hope you're holding, Mike, I'm so sorry. Geez, I always do this. I'm talking to Mike right now. Mike, are you there? I think Mike had to go, oh, I can't believe it. I even told my engineer, okay, write to Mike, and I forgot. 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 share. 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. 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Stay tuned for another great hour of the Trader's Edge, heard here at TFNN.com. Hi, everyone, about the channel. Wow, what a day I've had. It didn't do it. Larry seems to do very well on little sleep. I didn't have much sleep at last. I was less than little sleep. So I'm just really all mixed up. Jim, yes, it went out on Friday. That's where we got that particular stock. And today was just an update on it. I have sent out the Trader's Corner again. And I hope everybody's checking out the stock that we were buying this morning is now even sharper than earlier on. What can I say? So we're looking at, okay, a couple of things. Yes, the ES, let me just see what we get here. ES is the E-mini leg E slash A. No, everything about this says that this should be the letter E at 3029 in the E-mini. If we start a new buy mode, it's going to be like a fresh A, a fresh B, whatever it is. And if it goes above 3029.50 in the E-mini, in the next two weeks or so, I just have to consider there's a really good chance that we've started a whole new move to the upside. I'll talk about that in my webinar. So that was the answer. Is this an E to an A? Well, it can't be an A because you went way below the D, way below the D to the 200-period moving average. So that's out. It has to be an E. And the next thing that we go could be an F because it didn't go below the starting point, which is way back in December for the weekly charts. I hope I've answered that. I'll do it a little clearer tomorrow. And hopefully I will be clear and fresh and do everything nice and bright and breezy tomorrow. I'm sorry, I had everything ready way earlier this morning around about 6.00, 6.30. So I don't know what I did to mess up. But in the meantime, back in the ranch, the webinar's coming up. There are plenty of stocks that are starting to look very good as exactly fitting what I wanted to talk about, stocks that have been battered that look as if they could start a fresh new move to the upside or sectors that might be ready for a move to the upside or dividend stocks or stocks that we want to treat as dividend stocks that could in fact become really good buys. We've had a really nice one. Didn't even expect it to go quite as high in this timeframe. And that was CCI up now, the all-time high of 144.47. It really is about 10 points higher than we got it. Just two weeks ago in a reach, 10% in a reach in this time, that's really quite incredible. But there will be a pullback and we'll be pretty sharp. But so far it's acting very well. So folks, stay tuned. You've got, oh, stay tuned. I'll do the update in a moment. And then you've got Steve Rhodes, you've got Dave White, and you've got Tom O'Brien. And don't forget my webinar. You're on the front page of TFNN. It's coming up on Wednesday night. Should be really interesting and really timely. I'll be back in a few.