It's a presentation of TFNN. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648. Internationally at<PHONE_NUMBER>. Let's go to Phil in Puerto Rico. Hey, Phil, what's going on? Hey, Tom, doing great. Just wanted to thank you guys and the whole crew for the best content on the internet. Really appreciate everything you guys are doing. We appreciate you growling and prowling with us out here. Phil, how did you find us? I just typed in live training in YouTube one morning. Cool. I was looking for any type of live training room you guys just come up and up. Awesome. I know the quality when I see it, or at least I like to think so.  I appreciate everything you guys do. Welcome to the Tiger film. We appreciate you growling and prowling with us. My pleasure. Now, Tom O'Brien. Folks, this is Tom O'Brien of TFNN. We go five days a week. We go seven hours a day. We go 24 hours a day on the internet at TFNN.com. Always remember, folks, whatever you think about, you bring about whatever you focus on, grows up everyone's having a great day, safe day. It's making a great night and a great week. Your love is responsible for its actions. Everything you think, everything you do as a consequence and you're going to experience the consequences of your actions in one way or another. All human beings are completely responsible for their actions, even if they don't want to be. Market-wise, let's take a look at it out here. We have the Dow Industries down 345, Nasdaq's off 108, S&P's off 34. Gold, gold contract down $10.70, trading at 19.16 an ounce. We have silver down 48 cents, $22.91 an ounce. Lightsweep crude up 22 cents, $72, one penny, a barrel, notes and bonds. Ten-year note down 24 ticks, trading one 10.19, the 30-year is off a full point, plus seven ticks at 12401 and Kingdollar. Kingdollar's down 229 ticks, trading out at 103, 144, the euro's 108, the yen's 144 and the British pound is at 127 to one U.S. dollar. Our phone number's<PHONE_NUMBER>. Give us a call, folks. Want to know what's going on in your world and the world of the S&P's. Let's take a look at them. What do you have? Well, you heard the update. We've got an ABC structure intraday on the way up and a couple of targets are wondering where it is. So you got to do this on, I use 10-minute bars and bottom line is that I've been using it forever. I had two different things happen out here today which was pretty cool. Down at the lows, if you, basically, I was talking about last week how you do the correlation between the DAX and our futures period, okay? So the bottom line is that even before the open, it looks to me like the futures were gonna get down about 50, okay? We got 60. That being said, that bottom line, you can see the last time it was any selling on the way down and the futures was 44.35 and we went to 44.19. Okay, so then on the way back up, what you had, you almost had an ABC structure on the way back up at 12.50. 12.50, we did 19,000 contracts and that was taken out 24. But at the beginning of that run there, okay? The bottom line looked like it was gonna have it, make it, but it didn't. It pulled back, it pulled back with 14,000 light volume, then big mean it took it out. 24,000 taking out the 17,000, that's where I'm getting that number of 447-0. Now let's go over to the NQs. I didn't do the NQs yet because I'm trading the SMPs, but let's go, I always look at both of them, okay? So we go into this one, pull this back. Okay, so you needed 67 and you got 72. So it's the same, there's another ABC structure inside the NQs too. So you get 15,239 is your B. It's a straight line move, which is pretty wild. 15,113 is your A. So you get 126A to B and what's up here? So plus you see it's 15,212. 15,211 rather, that's 15,337, that'd be a trip. 15,337. You wanna remember this also though, going into tomorrow if we don't get it today and do the Qs because you have harmony here. Harmony in the marketplace is here, meaning that this, you know, there's still buyers here. This is a, okay, so let's see, we needed 546,000, yeah, and it had 615. So if you trade in the Qs here, this is how this goes. 367,60, 367.60, your B, your A here is 364.57, 67. So we get a 293, your C is plus 366.93, 366, 366, 366, 366.93, what did I say the A to B was, damn. Okay, one second, 366.83, I gotta do it again, sorry. 367, not like doing this on the fly, right? Minus, 364.57, yeah, 303, 303. Plus, 366.93, plus 366.93, there's 369, 369 QQQ equals 369.93, I can go. It's gonna be a trip. So if we take a look at the Qs, where the Qs are set up, you can see that, you know, the gap in the Qs is 364.89, we went to 364.52, you had volume there, 46 million, and 52 million, and you're gonna go into it with, well, we're gonna go to about 50 million, but it looks to me like you're gonna get a rejection of lower price, you're gonna have lighter volume all the above, that means higher we still go. We gotta take a look at the gold contract, gold contract right now, you're down 10 bucks, you're trading two with 221,000 contracts, that's coming into 205, I'm glad I didn't hit the bottom of that, I can tell you that. We only hit 1908 and rejected 1908 or 1916, and then if you go over to the dollar, now see, this is when you put a few things together, folks, okay, because you had the market down good, but the bottom line is that the dollar had already given it up on price before we even opened. The dollar had hit a high of 103.572, but guess what, man, it couldn't hold price, so you wanna always pay attention to that if you're basically in today trading, you can see the last time that we were up there, it couldn't hold price at the 103.543, couldn't hold price up there today at a lower 103.572, that's saying that guess what, the lower part of the swing area, that's where it wants to go. We gotta take a look at the 10 year, the bottom line is the 10 year, we had a high today, a low today of 110.05, and this one that went down to the very, I think it basically broke every swing. Yeah, it did, so this guy got back inside 110.27, that's how this shakes out. Stay right there folks, we're coming right back. What I'm at is the Tim Lloyd. Our phone number is<PHONE_NUMBER>, we have the Dow. Dow Industries right now, Dow 359, Nasdaq's off 118, S&Ps are off 37, we're coming right back. Tigers and Tigers, get ready for our annual 4th of July, Tiger Dollar Sale. From now until July 7th, you can receive a 20, 30, or even a 40% bonus when you purchase Tiger Dollars. Tiger Dollars are automatically applied to your account and can be used for all subscriptions and purchases. Don't wait, this sale ends July 7th. Visit TFNN.com today to purchase Tiger Dollars and receive a 20, 30, or even a 40% bonus. As an added bonus, every order comes with a special TFNN mug. Happy 4th Tigers, TFNN, educating investors. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex Report. Teddy Kegstad breaks down the forex markets every Monday using his 30 plus years of experience as a trading veteran of futures, forex, stocks, and options. Teddy releases his weekly Tiger Forex Report every Monday morning with coverage of all the major currency pairs, including the Dollar Index, the Euro Dollar, Pound Dollar, Dollar Swiss, Dollar Yen, as well as many more. And he also has weekly coverage of the crude oil market and the 30-year T-bonds as they both influence forex markets tremendously. When you sign up for the Tiger Forex Report, you also gain instant access to Teddy's 60-minute webinar archive. He just hosted forex strategies and fundamentals, what is behind the Tiger Forex Report. For all the details and to start your 30-day Tiger Forex Report subscription today, visit the front page of TFNN.com. TFNN, educating investors. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's daily market newsletter, Market Insights, is published every morning when the market's open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights today, and try all of our products and newsletters 30 days risk-free with our money-back guarantee at TFNN.com. TFNN, educating investors. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from Veteran Day Trader Larry Pesavento on stocks you need to pay attention to and you can trust Larry's analysis. After all, he's got 45 years experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today, TFNN.com, educating investors. Toll free at 1-877-927-6648 internationally at<PHONE_NUMBER>. Welcome back, folks, so we have the doubt. Dow Industries right now trading down 354. We get the Nasdaq off 120. S&Ps are off 36. Let's get over to our mammoth, the Tim Ord, as we do each and every Thursday at 20 past the hour. And don't forget, folks, you can reach Tim every trading day at Ord. O-R-D dash oracle.com, that's Ord dash oracle.com. Tim Ord, what's going on? Well, since you were five charts, did you get them? I sure did, man. Of course, yeah. All right, yeah, this is starting to be interesting now. What's going on here? We'll do the chart number one. We'll kind of look at the bigger time frames and we'll kind of hone it down to the smaller time frames. But chart one, this is a weekly SPY is going back to, I don't know, 2017. And I marked the times in the pink areas there. Yes. Or red lines, whatever. Those times when the six three day average of the trend hit one or lower.  Yes. And each time it got down to one or lower on the six three day average, the mark was nearing a high. And so matter of fact, last January, 2022, it got, I marked it there in light pink. And it picked out that high. Actually, the mark was kind of going down and then trend was not going up. And that was really a very sign. So anyhow, currently we're at one. And anything one or below was usually on the intermediate term time scale, since this is a weekly chart, we could be heading for trouble.  But it's a warning sign. That's all it is. The wholesale signal here, just a warning sign. So now if we can, we flip to chart two. Okay. Oh yeah. And the bottom window is the SPX VIX ratio. There's no five week moving average. And it's on a weekly timeframe also. So I'm still in the weekly timeframe kind of looking what the market's doing. And the SPX VIX ratio, if you notice all those tops going back to 2018, when the S&P made a higher high and the SPX VIX ratio made a lower high, that's a divergence. And that's something to warn that you're probably going into some sort of a high. And the important thing I want to point out here, if you notice the market on a weekly timeframe really hasn't changed much over the last month. I mean, we're off a little bit from the highs, but not much. But if you look at the SPX VIX ratio currently, which is in light blue there, red, we really took a big dive on that ratio. Right. So that's really a warning sign. Last time we did something like that, came in at the 2022 high and also back at the 2022 high and also back at the 2022 high or 20 high. Okay. Both that ratio too. So to me, this is really a kind of a warning. So July, actually, if you see the Alley work, July 27th, all the way to October, I think the 7th or 27th is the weakest period of a year senior seasonality-wise. And so we're not quite there yet part of seasonality goes, but we're starting to get warning signs on the fixed three day average of the trend. And now the SPX VIX ratio is also showing possibly the virgins. Which is pretty cool because we're only five, 10, we're only 16 trading days away from that date. Right, right. Yep. But what's important here now, I'm thinking the market's still gonna hit another new higher high probably this month. I'll show you why on the next chart. Okay. But if we go up and hit another higher high in the coming weeks, I think probably could happen next week. And this SPX VIX ratio makes a lower high. Right. And that to me is the time to really look seriously for a worthwhile high. Yep. And so the next week, maybe two weeks we'll tell the story and we'll flip to the next chart. So now we're down to the days here. But if you notice going into this Monday, we were five days up in a row. I keep track of those days. Yes. Five days in a row of the market will make a higher high within five days, 85% of the time. Last time we had something like this, we were up six days in a row going into mid June. And I was saying on your show that we should make a higher high within five days. Well, it never made a higher high in five days, but it did make a higher high, you know, like about 10 days. So don't know if this 85% chance will make a higher high within the next five days. In other words, a week from Monday, a week from this Monday, which would be next Monday, we'll make a higher high. Don't know for sure that's happened, but probably you got really an 85% chance we'll make a higher higher high probably within a few days. If you notice today, we went back and tested the gap area that we had the Monday, be last Friday, the market had a big day up and created a gap. We're testing that gap. When I sent this chart to you, the trend at the time was 2.11 with a 1,028 down tick reading cell. That was early this morning. But the important thing here is how the volume, the volume to close that gap and for the market to continue lower has to be equal volume compared with the gap was with a gap had like close to over 100 million shares. We're not even coming close to that. So probably if you test the gap on at least 10% ladder volume, that gap's gonna have to support. We also have ticks and trend here at least in the morning. I haven't checked them here in the last couple of hours, but most likely we'll have a high trend reading today and also probably a high tech just in that gap has support. And with the five days going higher and predicting the market will be higher within a week, maybe a week and a half, there's a good chance we're probably gonna hit a higher high. We find gaps for it. We got panics and ticks and trend. So there's quite a bit of evidence that, you know, we're gonna at least touch a new high probably next week. So that would be kind of important. So going back to the chart number two, go back there. So that's the reason why I think we're gonna hit another higher high. Okay, chart two, Tim, is the one second. Okay. Chart two. Yep. Going back to that. So if we hit a higher high on the S&P that ratio on the bottom does not hit a higher high. In other words, it makes a lower high. And that's the divergent on the weekly timeframe. And the weekly timeframe suggests, you know, we could have some sort of a high that could last weeks, you know, because you're dealing with a weekly timeframe. Right. So, that's all gonna happen, but...  Stay right there, folks. Tim and I are coming right back. The Gold Report. As a precious metal, gold is still king. It continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the London OTC market, the US futures market, and the Shanghai Gold Exchange. The Gold Report. Tom O'Brien publishes his weekly Gold Report every Monday morning for subscribers, consisting of coverage of the XAU, HUI, GDX, the Dollar, Bonds, the South African Rand, as well as 25 different mining equities with specific buy-sell recommendations. The Gold Report. New subscribers get a 30-day money-back guarantee so you have nothing to risk. Subscribe to Tom O'Brien's Gold Report newsletter now at TFNN.com. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority and technical market analysis, and it's not just dry, tedious text either. TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV, live every market day from 8.30 a.m. to 4.00 p.m. Eastern. For free, each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be, TFNN. Educating investors. TFNN has just launched their new trading room, the Tiger's Den, hosted at Discord. TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours, and now they are expanding their reach with the Tiger's Den available to all tigers and tigeresses for just $1 for the year. There's no catch or added costs when you join our community of traders. In the Tiger's Den, you can look over the shoulders of Tom O'Brien and the other TFNN hosts while they analyze charts during their live Tiger TV programs and join an interactive trading community with hundreds of members exchanging ideas, interact with other tigers and tigeresses as they share trading ideas, news analysis, and discuss the market action all trading day, even at night and on the weekends. The Tiger's Den at Discord is accessible on mobile or tablets as well, so it's always at your reach. To sign up today and become a part of this educational community of traders, just visit 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. Oh, welcome back, folks. Tom O'Brien and Tim Wood, we do appreciate your growl and a problem when it's out here. We have the Dow Industrial's down 356. Nasdaq's up 113. S&Ps are off 37. You know, Tim, it'd be pretty cool. You know, we have the Dow in draft today, right? It comes into the gap, and then you reach a higher high because what would end up happening is that the next down draft, the whole world will think, okay, this is gonna get shaken off, too, right? And that's the one that does it, probably, right? If we're getting closer to a high, yeah. Right, yeah, so I'm looking at the trend right now is putting, we're talking here, I got a 1.49 trend and a 284 down tick reading. So if we close there, you know, we've got quite a bit of information that you're hitting sport. And if you look, if you compare the volume to that gap of last Friday's up. Yes. You know, we're testing that gap on a, you know, a heck of a lot lighter volume that's based on it over yet, but we're not gonna reach the volume we had last Friday where the gap occurred. Right. So there's information. Plus, there's five days up going into last Friday. Yes. And that predicts market will be higher, you know, 85% of the time within five, probably next week sometime. Right. So there's quite a bit of information that you're probably hitting sport right here right now. And we'll probably see a rally new highs and you know, I may see all the hoop rock, but the key will be on that chart number two on the SPX VIX ratio on the weekly time frames. Okay. So to make a higher high and that ratio makes a lower high, just like in the past. Yeah. You know, you'll have a divergence and you'll have some sort of a correction. How big the correction will be, I don't know. I mean, I think the worst-case scenario, if you draw a trend line right around that 120 on the SPYs, that's pretty good support in that range, because that's approximately where all the previous highs were. So to me, that's about the worst-case scenario than from that, I think this year. What was the number again on the spy? Right around 120 area, it's a little bit less, probably 117. Oh, you're talking about the ratio though, right? I'm sorry, 420. 420, no you have people already just jumped out windows to him.   Holy kidding. 420, probably 417, 418. Yeah, yeah, I know, I got a 420.  Joe, oh. You gotta love it. I see it all the way. Yeah, yeah, let me put that up. Cool man. Okay, yeah.  Well, you know it's so cool, man.  Yes. Panics like fuel. Yes. It can be once you start seeing where the panic is on the, you know, the trend and the ticks and, you know, and whatever, that's where sports coming in at. And so we had a lot of panic around that 117 to 1, or excuse us, 417 to 420 area. And probably once you have panic in a certain area, that panic will reform or reform again at that level. So I'm thinking 420 is a pretty good, you know, thing that's going to happen. We didn't do the workshop for us. No, I know. When you did the workshop, that's exactly what you explained and how many times it came down to that level. What's so cool about what you do, Tim, is that, you know, we have that number, but then you have the verifications on the ratios also, you know, to bring your probability up that, okay, you know, here we go, we're coming into a low again.  So pretty cool. Right. Yeah. Yeah. So we can cover, if you want to go on, we have questions about these charts or we can just go on. No, I think he's explained it great. Okay. So I'm ready to go on. Which one would you like? See, we got five charts, so be chart number four. Okay. Yeah, this will make life simple here. Yep. This is a 50-day average of the advanced decline for GDX, advanced decline percent for GDX, that's a second window below the GDX chart, and the bottom window is GDX up-down volume with 50-day average and that's percent. So in a nutshell, whenever the bottom window, which is the up-down volume, 50-day average, up-down volume, advanced decline in the GDX, gets below minus 20, the mark is at support. Doesn't mean it's going to go up, but we're at support, and that happened every time going back to 2010. So quite a few times here, the red line shows the times when that happened. And back in mid-June, the 50-day average up-down volume percent hit below minus 20, just like the other time. So now we're either flip sideways or we go up. So that's your choices. You don't get another choice as Mark's going down. Mark's done going down, so now you go to another chart, and that's chart number five, and that probably should have took it back further. But anyhow, the bottom window is the 18-day average of the advanced decline. The next higher window is the 18-day average of the up-down volume. In a nutshell, when both those indicators are above minus 10, Mark is in an uptrend. When both those indicators are below minus 10, Mark is in a downtrend. And the uptrend identified was blue, and the downtrend identified was white pink. And so right now, both of them have to go above minus 10 to get the rally going. And yesterday or the day before, we did close above minus 10 on both of them. And today, we're back below minus 10 on both of them. Well, we're not going to keep going down because the 50-day average says we're at the bottom, so we're flipping sideways. Yeah. So either we're going to go sideways here a little bit longer, or we're going to start closing above minus 10. But as long as both those indicators close above minus 10, the uptrend's intact. So now we kind of bounce around at that minus 10 range. And so we're not really going down. We're not going up. We're kind of going sideways. But once you stay above minus 10 on both indicators, the uptrend will continue. Well, it's interesting, Tim, because the gold market loves doing that too, man, going sideways, drive everyone out of their minds, right? And then all of a sudden it takes off. Right. Yeah, right. Yeah, then it takes off. So I'm kind of watching this indicator. I was kind of bullish yesterday. Well, it didn't happen. You know, now we're below 10. Ironically, Seasonally flips bullish on gold starting July 7th. You know, this is over like 50 years. So it's like that July 7th could be July 1st all the way probably to end of July. Right. Seasonally scale. But July 7th, historically, past that number, has been bullish for gold and runs into July 27th, or not July 27th. But October 27th. Yeah, starts July 7th and runs to October 27th. It's the opposite of the gold market. Right. Or the equity market, which is bearish in that time frame. Which is really cool. Well, listen, Tim, this is always a pleasure. Don't forget, folks, you can get Tim every trading day at odd. rd-oracle.com. He's on every Thursday. It's a great newsletter, so go check it out. Tim, you have a great one, a safe one. We look forward to speaking to you. All right, thank you. Thank you. Stay right there, folks. Come right back. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them, using a combination of fundamentals and technicals. Sign up for Rocket Equities and Options Report today with a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your subscription today, visit the front page of TFNN.com, TFNN Educating Investors. 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? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks and commodities, subscribe to the opening call newsletter at TFNN.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices.  First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. TFNN.com Educating Investors. Biotech is booming, but for how long? Whether you think the Biotech bull has room to run or has run its course, trade LABU or LABD, Directions Daily S&P Biotech 3x Bull and Bear ETFs. Visit DirectionInvestments.com slash Biotech today. An investor should consider the investment objectives, risks, charges, and expenses of the direction shares carefully before investing. The prospectus and summary prospectus contain this and other information about direction shares. To obtain a prospectus or summary prospectus, please contact Direction Shares at<PHONE_NUMBER>. The prospectus or summary prospectus should be read carefully before investing. An investment in the funds is subject to risk, including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, foresight fund services, LLC. NNMUG. Happy Fourth Tigers. TFNN. Educating Investors. This program is brought to you by Vista Gold. Traded on the NYSE American NTSX under the symbol VGZ. Welcome back folks to Dow. Dow investors right now, down 366. You get the Nasdaq off 120. S&Ps are off 39. Let me show you something on this S&P. So now this is strictly for folks that basically trade, if you're trading the one-day S&P options folks, right? The, when you have something like this, okay, so picture this. And you know what has happened? I traded, oh my god. I don't know if it was hundreds of thousands, but it was probably that close of OEX options. So I'm very used to options expiring very quickly. But anyway, here, this is the theory. This is not the theory. This is how you trade this, okay? I'm not telling you to do it right now. I'm suggesting you do it right now, but I want to show you what can be done when you talk about risk reward in a very large way. And what you have is this.  So you get the spy up, right? And intraday, I always trade spreads. That's what I do. I basically traded a bowl of bear spread. That's what I'm trading most of the time. Because if the market doesn't move, you're going to make money, period. The market moves. If you pick the right way, you're going to do all right. You're going to make money also. So in this particular case, we put the spy up, right? Now this is different because you're coming into the last hour, right? We just took out the B point, right? You can see this. You took out the B point right there. You know, the B point needed $894,000. You took it out here with $960, right? So you can see right here, when it took it out, you're trading basically between the $439.54 and the $440, right? Well, what happens is because you only have an hour left in the marketplace, right? You can actually buy, now picture this, you buy a $441, but now $441, folks, okay, is a dollar, let's say $30 out of the marketplace, okay? But when you have an ABC structure, say, hey, man, it's, to me, it's worth the shot. The reason being is that a $441 is only three cents right now. Three cents is $30 per thousand shares, man. So just keep that in mind because if you got to run today, it doesn't look to me like it's going to happen. It's probably going to be, they'll set up for a nice trade tomorrow morning. But bottom line is that always keep that in mind because you can basically, the risk versus the reward is really dramatic.  You know, you can sell it at 20, whatever that is, do you know what I'm saying? Whatever you think that is. But ABC structures, intraday and the way up on the way down are very powerful. When you put that together with understanding options and understanding the theta in them as the day goes on, it's an El Primo. Because what does happen with all of them, meaning intraday, is that they don't start really decaying big time about till about 12, 30, one o'clock. One o'clock, that's when that baby will start going down. When you get something in the last hour, it's a whole different ball game, man. It's a whole different ball game. And you know, anyway, take it for what it's worth. Let's go take a look at some of the higher volume equities out here today. We have Teslas down five and a half bucks. You get, well, let's go do it this way. Let's go to the NDX. We take a look at the NDX. You got, what is this one? Oh, Curie Dr. Peppa. Okay, Curie Dr. Peppa. I haven't seen that for a while. That's up one and a half percent. Charter communications is up nine tenths to one percent. ADP is up eight tenths. Taking away from it. Macao Libre is down seven. Pinduodul is off five and a half. You got Lucent off four and a half. And Zoom is off four and a half. Also, we go to the Dow industrials. We take a look at the strength versus the weakness inside the Dow. There's only two stocks in the Dow industrials that are in the positive right now. And that's going to be Microsoft putting 18 positive points. Apple putting one and a half. Taking the big one, taking away from Home Depot. That's minus 52. You got Goldman minus 45. America Express minus 32. Let's get over to Home Depot and just take a look because this thing's been on a run, man. Okay, so you're backing down. Yeah, you're backing down with the strength. You're backing down with some ball. Well, no, not really. Four. Yeah, no, you're backing out 2.7 million versus 4.4. So you don't have a rejection of lower price right now, but that's not a bad, that's not a bad back down. No doubt about that. Let's go take a look at the oil market, CLA, which is the active contract. Active contract right now. Okay, three to 77,000 contracts. That's good contract volume. So it still wants the highs out here. Anywhere between the 74, 65. Yeah, and then we go to the XLE. We take a look at the XLE. Man, there's some divergence. So that's backing down and that has volume. This XLE has volume. Look at this. That's 18 million. 18 million is going into 16. So that's not good. They're unloading that. And what you have with the XLE is that you did not make a high or high. You know, the last high that we had up in there in the XLE was that that's 82.51 and we only made it up to 81.97 and the XLF. We take a look at these financials. What do you have inside the financials? Yeah, financials rejected lower price. Yeah. So that came down. That still has to get above 33.53 or 33.50 right now, but that that got down to 33.25. It did reject lower price. So this is going to be pretty cool watching this whole thing shake out because what you do, you know, if you just listened to the Tim Ord sector segment, the folks, those ratios that they have are so cool because one, it's not that, you know, you're not just looking at one. What you're doing is you're looking at a few of them.  Is the probability, you know, that we're getting to a high? The probability we're getting to a low, you know, this morning, the bottom line is that you can see it quite clearly. And the way to do this here, watch this, I'll just show you this quickly again. So you can see the DAX, see the DAX right there, the DAX, that was down to 2.57 for the day. Now, in the morning, it wasn't down as much as that. So when I was calculating, I said, we're going to do 50 SP points. We did 61. Now watch, then you take 61 and you say, okay, where was the last time with volume on the way down? And I'm not just saying that, okay, the market wants to go up. I'm saying that because the fact that all the other ratios are still saying that you want to go to a high. Well, you can see quite clearly that the last time that the market had volume on the way down was at 44.35. And in fact, we went to 44.19. So that's like as cool as you can get, man, because it's like, you see that happen a lot, but the bottom line is that when things turn, and the first place it goes to is the big volume, and then it has a tough time making it through it, which it did at 12.30 this afternoon, back down with light volume, finally got by it, and you're still really dealing with it. You're at two points above it right now, but I do expect that this thing still wants to run a bit. I don't think I'm going to get the 44.1, but you never know, man. Stay right there, folks, you're coming right back. We have the Dow. Dow industry is right now.  You're coming right back. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights, is published every morning when the market's open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights today, and try all of our products and newsletters 30 days risk-free with our money-back guarantee at TFNN.com. TFNN, Educating Investors. 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? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks, and commodities, subscribe to the opening call newsletter at TFNN.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices.  First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. TFNN.com, Educating Investors. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything, from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from Veteran Day Trader Larry Pezzavento on stocks you need to pay attention to, and you can trust Larry's analysis. After all, he's got 45 years' experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com, Educating Investors. Come back, folks. We have the Dow. Dow investors right now trading down $364. You have the Nasdaq down $110. S&Ps are off $36. And folks, as you come over to our website at TFNN, we're wrapping this baby up tomorrow. If you want to save money on the products that you have at TFNN right now, or you plan on buying them in the future, well, we have a $5,000 sale. We do this twice a year. We do it first of the year on July 4th. And the way that works is that if you have products right now or looking at products in the future, you can buy $500 and you get $600, which is a 20% bonus. You can buy $1,000 and that gets you a $300 bonus, or $1,300, which is a 30% bonus. And the max is $1,500. You can buy $1,500. You get $2,100. That's $600 bonus. That's a 40% bonus. Target dollars are good for our product at TFNN. Totally transferable, no expiration date, all of the above. So check it out. Bottom line, that sale ends tomorrow. Market wise out here, bottom line is that, yeah, you got a down market. You're going to have light volume. You're going to have a rejection of lower price. And that just says that while we have jobs numbers tomorrow, it's telling me whatever the jobs number come in. The ADP numbers come in today, and they changed the way the ADP numbers go anyway. So bottom line, they were huge numbers. You're not going to see that in the jobs numbers tomorrow. There's 500 and something thousand. I suspect it's going to be $250,000, $300,000 ADP. But bottom line, as you can see, rejected lower price out here. So that sets up the highs once again. So we'll see how that maybe shakes out. And the Q's, you're talking about $372.85. Inside the spy, you know, hit the spy at $430.70 or $439.81 right now. Bottom line, you know, the high out here. Yeah, you get another high volume high, man. At $444.30. Gifts from the trade and gods. Just going to love it. Always remember, folks, to beck and claw your hideout, the bull can run you over and thank God. There's always another trade. Health app is a prosperity. Have a great night, folks. Have a safe night. Come back and visit Tommy tomorrow morning. Kicks us off 9am. Great show, folks. Real. Look at him, folks.


Well, we got behind, we know we're running late, so maybe we can make up for it as well. Now they tell me that this is the home of the Cupid's, from the look of the trophy cases in the halls, one time or another, the Cupid's have been champs in just about everything. I've seen that, including all around, particularly, academic. You've had championships, and that's why Secretary Bennett and I are here today. If America is to be what it should be in the 21st century, then it's going to need a lot of schools, good schools. And Hickman, I'm pleased and proud to tell you, is one of the best. I appreciate Principal Kenneth Clark inviting us here and the faculty and all of you and the citizens that have made us so welcome here in Columbia. But it is true, the schools in Columbia are renowned and have been chosen and awarded honors for the progress that has been made in academic quality. And so I'm delighted to congratulate all of you on that. I think when I said that I followed the band here, I ought to tell you that I was once drum major of a band like that. But I'm not sure anyone should have followed us, because we were in a neighboring town up there in Illinois, where I grew up. And we were asked to come over and lead the parade on decoration day in this other town. And then there was a fellow and a white horse, the grand marshal of the parade, who was out in front of us to make sure we went in the right direction. And he turned and rode back down the parade line to make sure everything was coming along right. I came out in front there with the baton and the band following and playing. And I didn't know that he rode up just in time to catch the band, not me, that we're supposed to turn a corner. And I thought the music was beginning to sound fater, but I was walking down the street all by myself, the band had turned a corner. Well, again, I know that I'm supposed to move on. We've got this great conference that's waiting. And I think we've been behind schedule for quite some time. I feel that way too. Mr. President, on behalf of Hickman High School, we'd like to make you an honorary QP, which is our school mascot, and present you with this sweatshirt. Well, thank you. Thank you. I'll tell you another bad thing about my youth, too. When I was playing football, the cheerleaders were boys. I was just all the focus on the attention that one of the best meetings I've been involved in lately is when I convened a small group. But I just say one last thing. I'm taking too much time here. In East Los Angeles, I met with a group of parents, Hispanic parents. And I asked them, a group of mothers, I said, well, why couldn't you take turns volunteering to sit in the class? Gentlemen, to you, President of the United States. You've got to be good. I see just by looking at the trophy cases in the halls. Over the years, Hickman High has been an all-round champion, with basketball, swimming, tennis, and football, as well as in areas like debate, dramatic speaking, music, and mathematics, and, in particular, know something about it. Every year, 141 students from throughout the nation are named Presidential Scholars. This program began in 1964, with full recognition for IABI. What kind of country will we pass on to our children? That challenge, preparing America for the 21st century, is as great an adventure as the one that face settlers who, more than a century and a half ago, started a town along the Flat Branch. We make the best use of our science and technology so that when we're first to invent something, we're also first to bring it to market. It includes improving the climate for entrepreneurship and growth. We budget alone. Challenge of preparing for the 21st century also includes working to build a fair, open, and expanding world economy. This is where the jobs and prosperity of our future will come from. And finally, it includes making sure our young people are ready for the jobs of the 21st century. Education is the best in the world. Yes, it's a challenge for every American. The challenge of preparing America for the next century. And that reminds me of a story. When you get to be my age, everything reminds you of a story. This is the story of the old fellow who picked up some creek land, some bottom land along the creek. And it was rocky and it was covered with brush. And he started in while the minister was impressed. He said, I've never seen such an illness. God has truly blessed this land. And he said, look at this corn. How high it is. He said, the Lord has been good. And then he went on in that vein. And the old boy was getting more and more meddled about this. And finally, he interrupted me. He said, preacher, I wish you could have seen this place when the Lord was doing it by himself. Education found that high school students were scoring lower on achievement tests. And at any point in the past 25 years, that's 13% of all 17-year-olds were functionally illiterate of 19 academic tests. A nation at risk galvanized a citizen's movement for educational reform. This movement has gone ahead at every another part of the consensus is that wealth and status in a community do not guarantee good schools or their absence mean schools will be bad. Inner-city schools in poor neighborhoods, like those in East Harlem District 4 in New York City, and Charles Rice Elementary in Dallas, stand among America's best. The secret to educational quality is not in the basic fundamental values that have always been the wellspring of success, both at teachers, who lead students to do their best and keep regular tabs on progress. You need schools that teach a sense of right and wrong. And you need parents and communities that care. Basic skills, standards, discipline, work, family support, ethical principles. This is the new American consensus on the secret to quality education. And forgive me for saying so, but the only surprise here is that it's new. Plato would have recognized such secrets. So would Confucius, Matthew Arnold, and Benjamin Franklin. And yet these so-called secrets were new in most places, but not in Columbia. Last week, members of my staff came out with these. This system stuck to basics and kept high academic standards when others were turning to fads like mini courses, grade inflation, and abolishing basic requirements. And one of the worst of those down to purse with $1,000 in it. Well, the class decided that returning it with the money would be neither right nor wrong. It would just be dumb. When they asked the counselor what he thought, he said he wouldn't force his values on them. If I clubs across the country, and there's one right here at Hickman High. So I believe young people do want to hear about values and standards of right and wrong. And they want to hear about them from adults. Some adults ask would have been leaders in the return to the fundamentals of what works in education. Many states have raised education standards. Almost every state has increased either promotion, high school graduation, or college entrance standard of our programs to give states and schools more flexibility and to make the programs more effective. But we know that 93% of the money for education comes from states and cities. The federal government provides less than a few themes run through all the many changes and experiments of the last four years. And those are the common sense themes of getting good teachers and good education to be by the year 2000. Getting what America wants and needs. It's like the story of the three fellows who went into a restaurant. I wanted to tell you one last story before I finish. They were ordering their dinner and one of them ordered glass of milk. But he told the waitress that he'd been in there the week before and ordered a glass of milk. And he wanted a clean glass this time. Well, the other two also decided to order milk. When a waitress came back with the three glasses of milk, she said, now, which of you wanted the clean glass? I'm being clear about what we want and what works. We've stopped the slide in SAT scores. They're on the rise again. By 1990, let's reduce by one quarter the 40% of 13-year-olds reading below skill level by the hands. And finally, by the year 2000, let's raise literacy levels so that every American can speak, read, and write English and fully participate in the opportunities of our great country. I brought Secretary Bennett along with me today.  In April 1988, it will be five years since we issued a nation at risk. That's when I'd like you to issue a new report telling us how thought still needs to be done. What reforms have worked, it's another of the model schools in this district. I saw what a fine principle like Fairview's principle, Dr. James Wells, and a dedicated and talented staff can mean to children in the early years of learning. I wasn't too surprised that Fairview was a model school. You see, one of the teachers there, and I go way back, and I know she's great, wouldn't do any good with what Congress is doing. But today, I've talked about preparing a merit for the 21st century. Well, the kindergarten spirit no longer wills from fear that we have reached our limits to run our course. It inspired us to look up again and to look ahead again. The academic performance of our students no longer declines every year because you've refocused our attention on the ultimate importance of education. You are America's number one teacher, good as I did, and occasionally thank your teacher with an apple. We want to thank you and present you with this symbol of our gratitude and remembrance of your visit. The number one teacher, President of the United States municipal office, not voluntarily. And I feel a little guilty. The bells of education reform started ringing with the nation at risk in 83, as I said earlier, and all over America, people who care about.


And now, a tale well-calculated to keep you in... Suspense. How powerful is the curse of Ramkar? Listen now to the Green Idol, starring Parker Fennelly, and written especially for suspense by Jack Bundy. I do not suggest that you try any strong arm methods here in the city of Mecca, Mr. Heshey. You might have caused a regret. See, some of these devils have the very bad habit of putting a curse on one that might have the most dire results. Oh, I'm quite serious about it, really.  Oh, I'm enjoying it every bit as much as you are, Mr. Heshey, in spite of the fact that I've seen this country before. And I sure am glad you had that travel agency change a course for us too. Good, good. Ain't you, Ethel? Please, Herbert, it's on, not ain't. Yeah, that's what I meant. But ain't you? Oh, Herbert. Yes, sir. Who would ever have thought that a couple of just plain country folks, like me and Ethel here, would ever end up halfway across the world here in Arabia, right here in this holy city of... What did you say the name of this town is, Dr. Eddenton? Mecca, Mr. Heshey. That's it, that's it, Mecca, right here in Mecca.  Especially that one shop the Darkier told us to look out for. Well, we'll see, Herbert. Oh, oh, Hamid, is that his name, Doctor? Yes, yes, that's the name. But let me warn you, though, Mr. Heshey, some of these shop owners drive a pretty hard bargain. Don't let them take you, as you Americans say, particularly Al Hamid, the Hindu. Take me. Take me, one of the best old horse traders ever lived. Now, don't start boasting, Herbert. Well, don't you worry none, Doc. You see what I've done to that crook that tried to jip me back there in Paris, France. This is not Paris, Mr. Heshey, and some of these devils have the very bad habit of putting a curse on one that might have the most dire results. A curse, yes. Oh, now, Doctor Eddenton, you're joking, of course. Of course he is. No, no, no, no, Mrs. Heshey, I'm not, I'm not. I'm really quite serious about it. Oh, now listen, Doc, you know as well as I do that all that kind of talk is just a lot of superstition. Well, I too felt that way for a long time, but now, well, I'm not so certain. Ah, superstition, that's all it is. And me, I ain't superstitious. Are you sure? What? Well, isn't there a little superstition in all of us? Just a little? Oh, yes, I suppose there is, really. A little. Oh, no, no, of course there ain't. Foolishness, that's all.  Now, when are we going to get out and look around the town? Right now, Doc? Well, this afternoon I must visit with an old school chap. I promise to look him up the moment we arrive and then have dinner with him. But I shall see you here at the hotel this evening, shan't I? And then we can plan a tour of the city tomorrow. How's that? Yeah, we'll be here, Doc, and probably all loaded down with souvenirs that I've picked up by out-horsestrade in some of these needy. I hope you do very well. I'm sure we will, Doctor. But, uh, please. Yeah? Just remember my warning. Oh, sure, sure, sure. Oh, for romantic old city. Yeah, it's mighty pretty, Ethel, in spite of all the dirt and noise and all. I tell you, I never see so many people wearing so many colors in all my born days. It's exciting, too, and a little mysterious. All the crooked narrow little streets and alleys and the old masks, especially that big one, the grape mask. Yes, yes. And look, look, Herbert, there's one of those, um... Oh, dear, those, um... Well, let me look in the guidebook. Yes, here. It's called a minaret. That's where the musn calls all the people to prayer or something.   Come on now, leave us alone. Well, I think they're very picturesque, even though they are awfully dirty. You know what tickled me, though? What? Seeing that camel train coming in at the other end there. I wonder how camels would do back in Maine. Well, according to the guidebook, most of those camels have come from a place called, um... Vida. Is that so? Vida? Where is that? Oh, how should I know? But that's what the book says. Hey, look, look.  Oh, yes! Looks like a great big kind of block of cement. Now, let me see, um... Herbert! Yeah? That's what they call the caba. Caba? Uh-huh. Yes, it's a very holy shrine. Yeah? And what are they chasing each other all around it for? See them? All them air-abs, I guess they are. Oh, that's one of their religious ceremonies. Oh, you're joking me. No, I'm not Herbert. See what it says here? Those men are Muslims. Muslims? Yes, and when they come here to Mecca, they have to run around the caba seven times and then go and drink out of a holy well. Ah, be dug, huh? I'd sure like to see what would happen if somebody started running seven times around the church back home there and kissing the side of it. Folks would think he'd been staying out in the sun too long. But look over there, Ethel.   Oh, that's awful. They call him a snake charmer. I see one of them in the circus once over to Bangal. Come on, let's go over and watch it. That's a horrible-looking snake. Oh. Cobra. That's what they call it. That's a hooded cobra. I see a picture of it one time in the book. I don't care what they call it. I don't like it. He sure has got it charmed, all right. Look, see the way it sways back and forth while he plays through it back and forth. It makes me shudder. Herbert, let's go somewhere else. Tell Fortune Offendi what? Tell you all the future in the magic song. Oh, say, now, that's an idea. How about it, Ethel? Weren't you Fortune told? No. Let's go and see if we can't find that Al Hamid's curio shop the doctor told us about. No, no, come on. Let's get out Fortune. I don't like that horrid snake. It's me, the shiver. Well, I want mine told anyway. Yes, you go right ahead, Mr. Go ahead. The ace side. Now, you want to look at the palm of my hand or have you got tea leaves or something? No, say, I tell him the magic sound. Magic sound? Yes. Come on, Ethel, come on.  Oh, darling. What? Wait a minute, wait a minute. Instead of singing it, just say it. It shows I can understand it, huh? Look now, say, I stir the magic sound around. Please, I don't like this man.  Just wait now. Now, I look in future. Yeah? In future, I see, I... No. No. What are you talking about? I cannot tell you, go away. No, don't start pulling that stuff. You go away. Well, what about that Fortune you was going to tell me? I will not tell you. Me too. Me too. What are you looking at us? It is best. You do not know, say. Now, listen here, mister. Are you going to tell my fortune, or ain't you? No, no, no. It's trouble. It's trouble. You must beware. Beware of what? Beware the fingers of death. Oh, no. Beware the fingers of death. Yeah? What kind of fingers is that supposed to mean? I do not know, say. You only know I see them in the sand. You go now. Okay. Okay, mister. If that's your idea of a joke, scaring all the tourists with a little mumbo-jumble. Perfect. Now, here's a royal for your trouble. Come on now, I thought. We'll look for that shop now. Do not forget, Effendi, I have warned you. I have warned you. Beware the fingers of death. Sure, sure, sure. Pretty good actor. Herbert, he wasn't joking. Oh, come on now, Ethel. Just a lot of crazy nonsense for the tourist trade, that's all. Is it? That strange look in his eyes the way he looked at me? Well, sure. That's just part of the act he was putting on. If only I could believe this. Well, of course you can. Now, just come along and forget all about it. No, I can't. I'm frightened, Herbert. I'm frightened. Never gone, Ethel. I swore. Ever in all my born days. Herbert, please, don't say I swan anymore. Everybody will think you're just an old hick. Oh, well, I'm sorry. But what's the matter with being a hick? If I'm a successful one, huh? Took more than a couple of collards of potatoes to pay for this nice trip to all these foreign countries, and I'm the man that raised him. So what if I am an old hick? Well, you know what I mean. Pretty smart one, too. And married up with you, didn't I? Good-looking? Woman, how you do go on. But like I say, I swear I never did see so much fancy junk laying around in one little store in all my life. No wonder Doc Erranton said to be sure and look in at this L-Hammage place. I think it's just wonderful. Oh, all this lovely brass work and those lovely rugs and Herbert, just look at this one, Herbert, a real genuine Oriental rug.  You see the way he keeps watching us out of the corner of his eye? Oh, pay no attention to him. I could just go wild buying things at a place like this. Yeah, well, you just better not now. But I still haven't found something that I can take back for the house. Oh, now wait. What? Look, dear, this quaint little green idol up here on the shelf. A solid stone. Now, isn't that interesting?  I wonder why it's been stained this funny green color. Oh, don't ask me. Maybe it's one of them religious things. I want it, Herbert. It's so unusual in quaint and look, the hair on it almost looks real. Of course, huh? Well, doesn't it? Well, who ever heard of green hair?  You have some fingers on it. Herbert, it's just exactly what I want. Well, if you ask me, it's kind of strange, eerie looking, if you really think about it. And I'll tell you this, too. What's that? Nobody else, we know, would ever have anything as interesting as unique to put on the man for peace. Well, all right. You want me to buy it for you? Oh, yes, please. If it isn't too expensive. Just leave that to me. Only take it off the shelf so I can look at it close. Sure. Here he comes. Just you remember what Dr. Edmonton said about him. He has a wonderful collection, but he might almost knife you to drive a bargain his way. Now, don't you worry, Ethel.  I'll see you now. First, I'll... Mister, you must put it back. What? You are infidels. You must not touch the idol with your hands. Oh, so it's an idol. Well, that's what I thought. You see, Ethel? I beg of you, sir, before it is too late. You set it back up on the shelf. Give it to me. Give it to me. I said, take it easy now. It just happens, me and my wife here, we're thinking of buying this little knick-knack... No, no, no, no. So instead of raising all this cane, just calm down and tell me how much you want for it. How much? No, no, it is not for sale, sir. And for your own sake, you must put it back on the shelf. Put it back. Not for sale, huh? Well, then you just tell me why. What's all fire special about this, huh? The infidel and sub. It is a god. It is a what? It is the god Ramkhaar. And I warn you, it has many magic in it. Oh, many magic. Yes, for son of Shiva can bring much good. Son of what? Shiva, sir, Shiva. But for infidel, for non-believer, means only much bad, much trouble. Now, wait. Who is it you're kidding, mister? I have warned you. You must put it back before too late. Well, maybe I'd better herb it. Now, you're looking here, mister. If you think I believe in this hocus pocus you're trying to hand me, you're all wrong. Listen to me. I beg of you. Now, you just listen to me.  You had it up on display. So that means you put it there to sell. And if your price ain't too high, why, we'll just buy it and we'll take it along. But I tell you, you must not have his magic. His trouble. Now, don't give me that magic stuff. Is that all you people here in this town talk about? I'll fool me and my wife one bit. How about 10 Royals for it? Is that enough? No. Okay, okay. You drive a hard bargain, Mr. L. Hammett, but here. Here, I'll make it 20. I have till you, sir. 30. 30. Is that what you want? No, no, no. I have till you. All right then, 40. But, Mr. Hammett, that is my last offer. No, no, no. 50? Not even for 100, Mr. L. You say 100? All right. All right, Mr. Hammett, you win, I guess. I win? Yeah. There's just no little green old idol in the whole world. It's worth 100 Royals. Thank you, sir.  But as long as that's the price, Ethel here, she wants it. Okay, it's sold. What? Yeah, sir. 100 Royals. 80, 90, 100. No, no, no, no. You do not understand.  No! Go ahead, Ethel. Well, all right, but... No, you must give it back to me. Hey, now, just a minute here. I take it, I take it, you take it.   Oh, Herbert, you hit him too hard. You've hurt him. Well, served him right. Who does he think he is, anyway, laying his hands on my wife that way? Well, I know... Now, we're on account of a couple of dollars worth of foreign money.  Well, of course, dear. I love it. I'm glad to have it. Just the same, Herbert. All right. You've got to be tough with these fellas. Laying his hands on you that way. Oh, and I'm sure he didn't mean to hurt me, though. And look at him. All right. Don't you worry. You're pretty little head about him. He'll be okay. Come on. We'll go on back to the hotel.  Come on. See, he's okay now. Curse. What? Oh, Mr. Hammond, I'm so sorry. Curse of Ramkai. What's that? Curse of Ramkai will be upon you. Yeah. Well, the curse of Ramkai on you, too. Come on, Ethel. Yes, sir. I think we'd better. Curse of Ramkai upon you. Oh, and the same to you. Kind of showed him, didn't we? Well, didn't we? Well, did we? I'm sure it is. You really shouldn't have lost your temper that way. And Herbert. Herbert. What is the matter, Ethel? The other. Oh, that. But do you think, do you think maybe there might be something in it? Ethel, come on. Come on with it. Even Dr. Edderton mentioned it. Mentioned such things. Don't you remember? He said we should be careful, too. Now you listen here to me, Ethel. There's nothing in them silly mumbo-jumbo things that never wars and that never will be. Okay? But how can you be sure? Because I am sure, that's all. But now what? I hope you're right. Well, I'm sorry you had trouble with that little Hindu shopkeeper, Al Hamid. But then I did warn you to watch out for him, didn't I? Oh, well, Doc. It wasn't too bad. Only when he put his new crown, Ethel, I tell you... Really? Yes. Just didn't like my offer, I guess, on the little green idol she'd picked out. Little green idol? Yeah, carved out of a hunk of stone. About so big. I just looked at it, but Ethel, she wanted it, so I got it for her. She figures to take it home and put it up on the mantle. Green? Yeah, yeah. Well, I... I think I'd like to see it, Mr. Hesher. As a matter of fact, I think I'd better see it. Well, sure. I'll be glad to show it to you. I'd ask you up to the room to look at it right now, Doc. Only Ethel, she turned in kind of early.  Yes, yes, of course. And she feels all right? Oh, fine, fine. That's why I come down here to the bar for a couple of nightcaps, too. And in the hopes that you'd show up so I could buy one for you, too. It's getting kind of late, Doc, but how about it? Well, thank you, thank you. But I've really had quite enough to drink with my friend Olaf. But, uh, may I see the idol in the morning? I don't know why not. Oh, good. And now, if you don't want a nightcap, well, I think I'll go on up and hit the hay myself. Oh, by all means. By all means. Well, good night, Doc. Good night. Good night, sir. All right, you are, sonny. Your floor, sir. Third floor, sonny. Number three. Yes, sir. Well, mighty interest in little town you got here. You know that? Thank you, sir. I'm glad you like it. Here we are. Floor, please. Good night, sir. Good night. She now waits. Yes, sir. I don't know who's making that music this time of night out there. When she needs to sleep. That ain't what you call conducive, that kind of music. Sir, I don't hear any music. Well, I do. So you find out where it's coming from and make them stop it, will you? Yes, sir. A little bit of that atmosphere stuff is all right, but when they keep it up all night...  I thought you'd be sound asleep. What is the matter, Ethel? Yes, she'll pull through all right, Mr. Hesher, but, um, I've instructed the nurse she is not to be disturbed by anyone, not even by you. Okay, sir. Thanks a lot. She'll be all right again. Yes. Now, listen to me. In a brief moment of consciousness, a few moments ago, she said that it was the green idol that choked her that way. She said that it came across the room to her, growing inside, growing as it approached her. Well, you don't believe that, do you, sir? There were long finger marks upon her neck, and they were a green color, as though from a stain. Where is that idol? That's the strange part of it. The idol is nowhere to be found. That Hindu, he put a curse onto us. He's the one that done it. But you, you yourself told me the door of her room was locked from the inside, and no man living could have scaled the wall to get him by the window. That Hindu, that Al Hamid. Come on, Doc. We're going calling on him. Come on in with me. All right. But I still think we'd have done better had we consulted the authorities, Mr. Escher. After all, this... Well, I learned a long time ago, Doc. Good heavens. Someone's done him in. Yeah. Strangle him, Doc. His face, look. It's purple. Yes, but look. Look here. The same long green finger marks on his neck. Now, do you believe? It's the curse of the idol of Ramka. I threw it back at him, Doc. I didn't know. I didn't think it meant anything else. Wait, wait. Here. Clasp in his hand. What? What is it, Doc? The killer, I suspect. The little green idol. Suspense. Starring Parker Fennelly. And written especially for suspense by Jack Bundy. In a moment, a word about next week's story of suspense.  Then now is the time to make sure the school he attends has an efficient physical fitness program. Each school should test every pupil's physical abilities and note his progress. Special attention should be given to physically underdeveloped children. And all youngsters should be given at least 15 minutes a day of vigorous physical training. Find out if your child's school is adopting these ideas. Worked out by the President's Council on Youth Fitness. Suspense is produced and directed by Bruno Zirato Jr. Musical supervision by Ethel Huber. Featured in tonight's story is Ethel Mercer McLeod as Dr. Etherington Louis Van Rooten as Al Hammett Guy Rep as the Fakir and Ronnie Liss as the elevator boy. Listen again next week when we return with The Man in the Fog Written by Joseph Cochran. Another tale well calculated to keep you in. Suspense. Get in the game with Phil Rizzuto's Sports Time Monday through Saturday on the CBS Radio Network.


Wisdom can be said to be knowledge, intuition, and experience combined to guide us in thought and deed. One of the best ways to live is to actively seek to increase wisdom every day. Maybe that's taking time to read something or take in new information every day, or self-reflect and journal your thoughts. The bottom line is, life is a journey of self-discovery, and it's way less fun if we are crashing our way through it constantly. If instead we practice building up wisdom within each and every day and guiding ourselves from this place, life becomes deeply enjoyable and a fountain of untold joy that we are constantly invited to find nourishment from.


Tom here from Lawrence Systems, and I am happy to report here in December of 2021. Many, many websites are now supporting two factors of authentication. This is great until you then think about how you have to deal with all of this two factor authentication. One of those methodologies, especially in specifically with TOTP, one of my favorite methods, which is time based authentication. I have a whole video on it. I'll link down below. But time based authentication is really popular. It's really simple. It doesn't require any third party interaction servers. You just have to have a shared secret and agree upon what time it is between you and the server. And time, I think, is pretty well agreed upon, I hope. But once we've determined that, then where do we put that data? Now, one of my favorite apps to use on my phone has been for quite a while. Aegis, and I'll leave a link to that up. But it's a nice app that runs on Android that does allow you to store all your TOTP authentication. But when you start having many, many things with TOTP, you kind of go, you know, it'd be nice if these were in Bitwarden. And good news, Bitwarden allows you to store it. Now, Bitwarden is very convenient with the way it stores it, because as it puts it in there, it'll also do fun things like copy it to the clipboard whenever you do an auto fill for username and password. So for example, when I log into TrueNAS here, username, password fills it in and copied right away to the clipboard, the TOTP authentication, so I can just hit paste and log right in. Now, when do you, when don't you save things in Bitwarden is a question that's come up quite a bit. And this is kind of a fuzzy area and it'll come down to how you want to do things. So saving in Bitwarden and having 2FA is better than not having 2FA. We'll start there. So if you have no way of managing these apps separately, well, I at least would say start with using Bitwarden. When it comes to the way we manage it, let's start with how we manage Bitwarden. First, Bitwarden, there are no known vulnerabilities in it here in December of 2021. They go through regular code reviews and regular audits. So I want to talk about theoretical where I think the potential problems could occur. First, we self-hills Bitwarden and I've got reviews on talking about that. And the self-hosted Bitwarden is only accessible behind a VPN. So we keep it quite locked down. But we use the Bitwarden plugin here at my office and saving things in a plugin that then talks to the server means that it's in the browser and the browser could be and obviously is where so many attacks are occurring because that's how we interact with the greater internet. That is the part that is exposing us beyond our firewall. Therefore, if by some magical way or really good hacking, it's not really magic. And someone was able to break those boundaries to somehow reach out of the browser's sandbox that it has and grab something out of one of those plugins, such as Bitwarden. That would obviously be where I could potentially see a threat surface. But it seems really, really unlikely because there's a really large group of smart people working to keep this very locked down. But I still just on that small, small risk that that could occur. I make sure that my passwords for things that are well IT related in terms of what we use to manage our customers. We keep that separate in that ages app on my phone and I don't even use Bitwarden on my phone. Just one of those one more keeps it separate. That way my phone is the place where my TOTP second factor authentication is stored and Bitwarden itself with only a browser plugin load is where my username and password is. And in all these different sites that are things for IT documentation or IT management. And any of these things that have, you know, talked about different on a channel here because what we used to run our business that interacts with our customers. We make sure these remote control applications because well, it would be absolutely dangerous to have someone log in there because they would then gain access to many of our client systems, even domains and things like that. I keep those all separate. Where do I put things in Bitwarden? Well, first my lab, that one makes it easy. I always set up even though it's a lab environment, just in case I set up randomly generated passwords along with my Bitwarden 2FA makes things really simple to paste in. Then the next ones expanding out from there is going to be all the different forums I belong to when you sign up for them. I mean, they have TOTP authentication as an option. I'm signing up for it and saying yes, because I put it right in Bitwarden. Same with some of my personal life, my games and things like that. Yeah, I'm not too worried. I mean, I would be greatly upset if someone were to log into some of my games. But I mean, it's just way convenient and not having that clutter up my phone. So my phone has got a little bit shorter of a list. Yes, Aegis supports filtering so I could filter it each time. But you're just narrowing it down for where I use them and where I don't. Like I said, overall, I wanted to answer this question and see what the audience thinks as well. Because go ahead and leave your comments down below if you think I'm a little bit overly cautious, not want to put them all in Bitwarden. Or I'm crazy for putting any of them in Bitwarden. I kind of like to see both sides of it. I actually started this discussion on Twitter about how people handle it. And it's one of those things that's going to be a bigger and bigger issue is handling authentication in general as more and more sites have different methodologies. And some of them use no username password anymore. They send everything where they refer to as like magic links to set cookies. It's going to be interesting watching how identity management kind of grows in the future. At least we've come a lot further than we were from the early days of the internet where we just sent everything over clear text and telnet for management. To, you know, 25 years later in my career where things are much more encrypted, much more locked down key managed with things like SSH and handling username password and password manager. So we've come a long way on here. I'm excited where we're going to go next. But still managing all that is a big thought process. I always like to try to always be rethinking through it, keeping an eye on what's important. And yes, it's not done yet, but I am working on where I use UB keys as well because someone's going to ask about them. I've not done a video yet on UB keys that'll be in the future, but that future may be right now. So if there's a video in UB keys, go ahead and check my channel for that. It kind of depends on when you're watching it. But as of publishing today, December 5th, 2021, there is not one. All right. Thanks and leave your comments down below to let me know if I'm crazier. If I should have put a tinfoil hat on before even making this video. Thanks. And thank you for making it all the way to the end of this video. If you've enjoyed the content, please give us a thumbs up. If you would like to see more content from this channel, hit the subscribe button and the bell icon. If you'd like to hire a short project, head over to LawrenceSystems.com and click the hires button right at the top. To help this channel out in other ways, there's a join button here for YouTube and a Patreon page where your support is greatly appreciated. For deals, discounts, and offers, check out our affiliate links in the description of all of our videos, including a link to our shirt store where we have a wide variety of shirts that we sell and designs come out well randomly. So check back frequently. And finally, our forums. Forums.laurancesystems.com is where you can have a more in-depth discussion about this video and other tech topics covered on this channel. Thanks again for watching and look forward to hearing from you.


Hi there, I'm Sandy Olnoth, artist and paper crafter here on YouTube and I'm going to show you no less than eight mini trifold cards and Spectrum Roar color blend pencils. I'm going to be using these. I'm going to show you how to use blending stumps, the blending stumps sander. We're going to test Prisma color against Spectrum Roar and baby oil versus Gamsol. So let's get started. There's a lot to do today. This is the pencil set that I got.  You guys know me. I like sharp pencils. My nice big, giant, loud sharpener makes a really good point. That's the reason I love this sucker, link in the doobly-doo to all the supplies, by the way. And here's the difference between the pencils that are sharpened and the ones that came with it. So you can see the sharpness of it. Now blending stumps, once you use them like this one, they get a little color on them. This standard will allow you to both sharpen the point of it sort of ish, not even get these really sharp, but it also will get rid of some of that color. So there are times when you're going to use something with a light color that you don't want to have any color on this. This works fabulously. This Spectrum Roar set of blending stumps comes with a variety of sizes. So it works really well for a lot of different uses. I really do like this stump sander and I wish I'd had it longer. I just got it recently. So now let's do some quick testing. I'm going to test Spectrum Roar versus Prismacolor for one. And then we're also going to do both of them with Gamsol versus Baby Oil. I've used Baby Oil for Magic Colored Pencil technique before and I've always sworn by it because the Gamsol that I used to have was really stinky. The stuff I'm using today is not so stinky. So I don't know whether they've changed the formulation or whatever, but it's not as stinky, which is good. So I tried to pick colors relatively close to each other. You can't quite tell. You can't get exact color matches between different brands of pencils. That's just the way it is. Prismacolor tends to have a little more pigmentation than Spectrum Roar. However, when you start to use the Gamsol with it, it seems to work just fine. Both of them seem to work perfectly fine. You can sand off in between. Like if I'm going to go touch this yellow one, I might not want any other colors on it and I don't want to contaminate my yellow. But often you can go right from one color to another and it really doesn't matter at all. So we're going to speed this up a little bit so you don't have to waste all of our time watching swatches happen here, but you can see it seems to work really well to break down all that color. I turned it around the blending stump so I can try Baby Oil because I didn't want to end up with some Gamsol in there and contaminate the test. But it seems to be working just fine as well. They both seem to break the color down the same. I didn't see much difference. The only difference I did see was that on the back of it, which I will show you in a second, the Baby Oil tends to stay longer. It doesn't tend to evaporate completely. Well, the Gamsol doesn't evaporate completely. You can see there's a little stain, but the heavier staining is from the Baby Oil. So on cards like these tri-folds, I'm going to show you. You probably want to use the Gamsol because you're going to see the back of the paper in the inside of the card. So this is the packaging it comes with. It shows you some examples and then gives you good detailed instructions for this tri-fold and how to create the telescoping effect because what you'll do is stamp a stamp on the outside and then use these dies that comes with the dies. So you'll stamp the outside one, use the die, trace that little line, and then you'll be able to see the next one. You'll see where to place the house, and then you'll see when you trace that one that's die-cut, you'll see where to place the next one. So here's how it plays out. I die-cut the outside, drew my pencil line that you can kind of see there a little bit, and then stamped my house so it would peek through where I wanted it to, and then did the pencil line so I could make my little kitty and doggie peer through the window. So the next step will be to remove that pencil line using a kneaded eraser, a nice soft artist eraser, which I always keep on hand. I've had this thing since college. These things last forever. You just keep kneading it and kneading it and kneading as in K-N-E-A-D, not in N-E-E-D. So let's get busy with the coloring. I'm coloring on Nina cardstock. I also did a lot of these tests on some Bristol for people who like to use Bristol. Same results on the Bristol, except if you're using a heavier Bristol, you won't get that show-through of the greasy stuff on the back from using the Gamsol or the baby oil. So I'm going to color my basic coloring over the tree trunks here. And I'm not pressing really hard. You don't want a waxy buildup necessarily, because with this technique, as well as with regular, just normal pencil coloring, I like to layer things. I like to make my colors richer. And by layering them, you're going to be able to do that. If you've got a really waxy buildup, it's going to be very hard to get the color to move, because it's going to be just this solid mass of wax. So I did a medium pressure, but relatively light coat. I didn't try to fill in every square inch. You can see how much more the Gamsol and the baby oil does the same thing, how much more intense the color gets.  This will add either extra color. So you can go over this again with the blending stump, or it'll add texture. And you can leave just that pencil line on top. Or you can go a third step and do a little bit of blending, which is what I'm going to do. A light going over it with the large blending stump, just a light touch, so I keep some of that texture. But look at how much richer I can make the color by doing it in layers and just watch it build up, which is kind of cool. Whether you're using the magic pencil technique, using baby oil or Gamsol, or you're just using your pencils without any medium for blending them, it's still important to have your pencils good and sharp. That's the reason why I showed you the sharpener. And I can tell you that even though it's an expensive sharpener, it takes up a lot of space on your desk.  I have had so many people email me and say thank you, thank you, thank you for letting us know about this sharpener because it's amazing. So it's not just me that thinks it's amazing. So I pass on to you the endorsement of your fellow crafters and artisans. Now coloring anything that's gonna blend totally into white is gonna be a challenge. With the baby oil kind of remaining on the surface, you do end up having a harder time blending something into white with the baby oil because it still shows. The Gamsol will do that a little bit less, but also be prepared to wait a little bit. You can see it's kind of grayish right now. It will dry a little bit clearer than that. It will evaporate some, I guess, that must be what happens because it does disappear a bit and that will be helpful to know that you can just wait for it. It's gonna finish up the little doggy bowl and here I have two colors, a red on the yellow ball. So you can immediately get some nice shading with it when you use the both of them together. Got a little bit of a brown here for my bones and then the front image will be just about done. We can move on to the inside or the second panel. Gonna color the dog house next and get some basic color down on top of here. You can see I'm not really worried about being precious and perfect and all the lines straight and all that sort of thing because I'm gonna mix that up with some other color anyway and we're gonna use the Gamsol on top which is going to soften a lot of it. So I'm gonna add a little bit of shading underneath of the edge of the house and then start with my blending again. You'll notice that my little nib is on the dirty side and that's okay depending on what colors you're using. Like if I was using a light yellow and I had some very recently used heavy red pigment or blue pigment or something, you might wanna either try scratching it off on a piece of scratch paper to see if it's still dirty or just clean it with the Stump Sander, whichever works for you. And then I'll add a little bit of color to the ground and color in my greens on the little tulips and just use a bunch of different colors. Now this color set that I'm using, there are several other sets and this one has a whole bunch of really nice bright colors. It doesn't have a white, it doesn't have a black. That was a little disconcerting for me because I kept looking for one but I had to use some other colors as I was working to make things happen but that was okay. And now get to the inside image with the little puppy and the little kitty on it. And the sentiment that I added here is life is short, pause to love. There are several other sentiments that come with it. You can look at the stamp sets themselves in the shop. Link in the view we do if you wanna see what the other sentiments for it are. But I'll add a little bit of color now to the heart and to the bed. Get a little bit of lovey loveless in here on the inside of it. These cards are a lot of fun to make by the way. If you haven't guessed, the fact that I did eight of them means that I kind of liked doing them. They were kind of fun. I also did not purchase these. I will let you know that Art Impressions does load me up with stamps from their new releases so I appreciate that. I don't accept that from many companies but since I use so many other stamps all the time and I know I'm gonna use them, then I do allow them to do that. Anyway, here's the finished pause to love card. So you can see how it opens up that you can see the image on the inside as it peeks through. I'm gonna show you my card made for each one of the other sets too.  And then you can see through to the inside and the baby on the inside, they have a girl and a boy. So you can make a card for some of you with a girl baby or a boy baby. This one is obviously for girls since it's all pink. Pamper Your Shelf would be great for a reader, a librarian, a teacher, that kind of thing. Look at this little mouse peeking through the bookshelf. Now I added something to this. The light stamp is separate from the little mouse so I drew two little books for the light to sit on, I guess, so it would be up above him and shining.  Isn't that cute? Pamper Your Shelf. This one, Sweet Wishes, is actually a Valentine set but you can use it any time of year but look at this little window. Look at this, the little box opens. So you can see something on the inside. And I used a non-Valentine sentiment on the inside. Very sweet. I love the double interactivity of this one. Then we have Celebrate Spring, another one with some extra interactivity. This is an Easter card but also has other sentiments with it. And you could put another item on the inside that the bunny can be looking at. It does not have to be eggs. They have an Easter egg as well as this little egg trio. But you could put a kitty cat in there. You could put any little friend for the bird inside. Everything Wonderful is a birthday set so it has a kitty on the outside and then you can open it up until you see the cute little cupcake on the inside. There's a little stamp that has these little confettis and I use them a couple of times on the inside to create a little scene around my cupcake. All of these by the way are colored with the Spectrum Noir Pencil, same technique as I've showed you. Homemade Happiness, you open the outside little cupboard to open and see all of the things in the cupboard and then look who's on the inside is a little sleeping mouse. This, the cookies and the mouse are a separate stamp set or separate stamps but I just masked them and put them together so you can sleep next to the cookies. And finally Seize the Day, this one I stamped onto some Desert Storm cardstock by Nina. And with this, I didn't have a white pencil in my set so I used my white gel pen. Not sure I like the effect all that much but the whale and the sun are separate images and I put them together so you can use both of them. So there we have the eight trifold, mini trifold cards. I hope you enjoyed this video today. If you'd like to see another example of one of my mini trifold cards from the past that is there on the screen as well as another video and you can click on my face to subscribe to my channel. I put out three videos a week and I'll see you guys later. Have a great day.


So this is a compiler for efficient vector commitments, which I want to build a new vector commitment from existing vector commitment. So the motivation is from ASVC, which I want to improve the update or proofs algorithm, but it seems that it is very difficult. So I want to build another vector commitment based on the existing vector commitment to improve both update or aggregate. So now suppose we have a vector scheme vector commitment scheme, which has all log n time to open all proofs. Actually here log n could be relaxed to any anything like a poly log time. And we need all one time to update each single proof after receiving update request, which is feasible in many vector scheme and all one time to update the commitment, which is also very easy to achieve. And the most importantly, we need the vector scheme needs aggregation algorithm. But actually we don't care how they do the aggregation which doesn't need their existing aggregation algorithm. So now for our compiler at the beginning we have a vector and we can open the weekend commitment to to commitments and we have all the we can open it up to all the proofs. This is the initial state. And when we receive an update request, which means I want to update the position I want to data I want. We just put the request into update record and use all one time commitment update algorithm to update the commitment and update the vector. Just as a vector in our list. When we keep receiving other update requests, we keep updating the commitment we keep updating our vector and we record our record as a update request in the list. When the number of records which is square root of n, which means the record list is, is for all square root of records. So we use n log n time to open all the proofs. See, the proofs here are all updated at once, using the open all algorithm. And now we can clear the record list, and the things are all the proofs, all the single proofs are updated now. And if we need to get some single proof. We just need to extract the initial proof and apply the apply every record update record in the list, using the update the single proof algorithm which is all one, and to get to the single proof, the thing that the newest single proof pi j prime. So if the record list is at the most square root of n records so the get one single proof algorithm needs at the most square root of n time. Above all, we need amortized a log n, which is open all proofs over square root of n, which is square root of n log n time to do the update part. And we need at most square root of n time to get any single proof since our update single proof needs all one time. So for any index set I we need all I square root of n time to get each single proof and then we can do the aggregation, we don't care how the aggregation is. It's done but we can do it since we have the single proofs and then do the aggregation. And there's another simple optimization if I square root of n is over the log n, which means the set is very large, we can just choose to open all proofs. Instead of to get each single proof, which means that we don't need to consider to get each single proof one by one. So now we can try some amortization technique to improve the worst case. Since I want to amortize the n log n time algorithm, I want to do it separately. So the method is to extend the size of the record list to two square root of n. And if we have square root of n records, we can just divide the n log n time computation in to square root of n parts and we do the computation in the next square root of n updates. And if we have two square root of n records, we can clear the first square root of n records since the first n log n time open or algorithm is finished now and so in this case the record list is at most two square root of n and generally it has at least square root of n records. So if the number of the update record list reaches square root of n in this way, in general we want to use the n log n time to open all proofs but we don't do it right now to finish the whole algorithm. We want to do it in the next square root of updates. So we leave those updates records in the list, we cannot clear them since we haven't updated the single proofs yet. And when we then get any update request, we put it in the record list, we update the commitment, we update the vector and we do the first part of the opening all proofs which is this algorithm. And when we receive other requests, we keep doing the other parts of the n log n opening all proofs algorithm. And when the record list reaches two square root of n, actually we have already finished the whole, we have actually finished the algorithm here and now we can clear the first square root of n updates in the record list. And at this time we are now, we should prepare for the opening all proofs algorithm for the next square root of n parts. And now the single proofs is actually updated for the first square root of n parts and so we can clear the first square root of n updates in the list. And at any time we we want to get a single proof, we just need to extract the single proof here and apply those update requests in this new list and get a single proof. And actually, this amortized case can be improved to worst case. And actually we can also set a parameter here to deal with the situation if the aggregation set is always very large or always very small. It's just a balance of, it's just a trade off between update or an aggregated. And actually, we can see the table from hyper proofs and many of our vector commitment schemes, which has n log n or n log n square time to open all can be applied to our compiler and we can get a new vector scheme. And as long as it has n log n poly log time to open all and it has aggregation time aggregation algorithm. So that's all for this compiler. And actually, if we just use this great log assumption. I kind of believe that if we can improve this. I mean if we can improve this. Through this compiler we can actually improve the algorithm of FFT, which means FFT is something like this. Some something of convolution computation and the update part is actually arbitrarily updated some of the one function and the get one single proof is arbitrarily get some of the result. And if we can improve the our algorithm, our compiler, we can actually improve the method to update arbitrary of some list and I will get some any item of the result. It's just an intuitive guest, but I cannot approve it right now. So that's all for my presentation. Any questions.  The de-amortized algorithm is, it is now being implemented by an undergraduate by an I and a Barbies is keep going, keep supervising that. Actually, it's just the need to separate the FFT algorithm to square root of m parts, right? Right, yeah. So I have a question. Can you please clarify what is the again the requirement about the running time of the aggregation that you need? Because I got. This page, right. Yeah, right. The last line. So you do you need aggregation and or you need some weaker form of aggregation and also what kind of running time you're assuming about aggregation. That depends on actually this compiler doesn't care for the aggregation algorithms. Our goal is to get the single proofs so it can do the aggregation for those single proofs. But if the aggregation is very efficient like much less than square root of m times, it's better to not use our compiler.


What's going on everybody? Got Colin Shaw here. Who is Oingo Boingo? You should say Oingo Boingo We got one box of origins international blaster 2023 this one is for Matthew out. Good luck. Here sir. Haven't seen a Big Bang or a pedigree short prank yet I'd be loving to see one of those They're like Matthew.  Oh, it was a part of that nice Jane and Reed from Sparty to 75 nice one there on the Packers very good receiver Especially when you're like 13 Jane Reed yeah, we're Sean Johnson. There's Dalton Kincaid on the rookie and Tank Bigsby Tank Bigsby rookie. I went to it actually four years in a row. Really? Yeah, it was so good Some of the greatest rap bands you'll ever see too. There's a Jackson Smith variation rookie Devon a chain E Kendra Miller and startups is Josh Downs for the Colts on the insert That's me. My boys might have been the only one there. Yeah What was the concert called to live crew? The whole thing was called the to live crew back to school back to school jam or whatever interesting 20 band 20 rappers cool OG is gonna be Clinton Johnson original gridiron See modern English There's another rookie another number to 99 Jackson Smith. Nice one. They're another good rookie receiver On the Seahawks rookie receiver. There's another Bryce young Jaylin Hyatt and Tyree Wilson West Palm That's it 1989 West Palm. Oh, I've seen Pearl Jam probably ten times. There's a flowers Pearl Jam ten times Oh, yeah, they were my favorite. Oh, I've seen it like startups a flowers and last back here. Good luck, Mr. Matthew. I've been a ton of concerts Good luck. Good luck We never pay we just break in and hooker rookie Dorian Thompson Robinson and a Bryce young on the back on the original gridiron Standing room at Lyon Stadium. They even have that. That's crazy 360 On TV. All righty there, mr. Matthew that will do it some nice numbered rookies There's he really really appreciate you my friend as always we'll get that right out to you