The following is a presentation of TFNN Trade what you see With Larry Pezzavento All now toll-free at 1-877-927-6648 or Internationally at<PHONE_NUMBER> Now Larry Pezzavento Everyone bezel trap and sitting for Larry Pezzavento. He couldn't make it I guess they have some technical problems, and I just have exactly up until 12 a little free time right now to be able to do This show I was asked if it was possible. Yes, let's just do this real quickly. I will not do anything That I use I won't say won't do anything But I'll try to do many things that I know Larry covers will cover it in a slightly different way, of course You Larry can do it Larry's way But I know that he loves to teach his courses and I know that he does some fantastic work He had this absolutely fantastic corner of wins. I got the exact low Oh, it was just a spectacular move the way he discussed it where he got in where you put the stops So and he has a webinar an all-day webinar coming up. I guess it's a week from Tuesday this past Tuesday So yeah a week from this coming Tuesday to check out front page of TFNN in the Chapman way We're always looking for at least four higher peaks once you go from a buy signal to a buy mode That implies that there should be a trend that a title trend that moves you higher So you identify the lowest low this tech techniques to do that Then you go peak a and peak B at that point You should be getting The technicals confirming that there's enough strength to go at least to a D the fourth highest peak You can go E F and G. There's never an H but these where other things can happen Sometimes you get a double top at C I call it a peak C1 and the C2 because it acts exactly like a D as the technicals fail and then a source of brand You move to the upside low and behold. We got that in the one-minute chart Look at this beautiful cup formation. I just having a time to do I was doing my show There are some fit numbers still in here I used to get rid of them because it got a little messy, but I do use them when I need them And look what happened. We pull back from peak C2 went down to 4080 and now you've gone to a peak D and that's really important. So there's a bit of a pullback I'll come back to all this as we move along. I want to do and I'll let you love to do the commodities This is safer at the moment. We've had a double bottom potential Just as we had many other times I'll do this real quickly because I as if you heard my show then you have to hear it again If you don't know my work what I'm looking at here is this candle on the Better make sure it's the 24th. I believe yeah 24th of February Match the candle of the 24th of January. I call it the Chapman wave Roman candle It's where usually we get it at highs I don't want to go to the S&P right now because it's really important that I Explained it from what we're talking about but when it happens at lows after a big pullback The rule of thumb is there's a little tiny wick and a long wick and then it closes a halfway to Two-thirds of the way above the wick if it's a green candle from the bottom if there are closes Above the high that was made of that particular bar That is usually an initiation of a nice strong move to the upside It doesn't tell you whether yet you're going to go to a leg deep But look what happened went to the peak see in the Dow and a pullback very sharply to undercut that low Went to the low of 32,000 to 72 which to this day is still holding and that was on the 24th of Feb Another Chapman wave Roman candle. I've got it notate a little bit better to see maybe Yeah, no, I'll go back there. That's fine. You can see it's the same candle It's a long a long wick candle with a tiny little wick I'll call Roman candles when you like the wick it can blow up or can pull blow down and look what happens in this particular case It moved to the upside and then you got the same arch formation pattern that I always look at here is the dreaded H pattern This is this one right here There we go Lowercase H if you go to a peak A or B and you fail is a good chance You're going to take out the left side low what you do after that is very important Well, it didn't take out the left side low in this particular instance It went to 32,000 578 and the start of that big move to peak D on the round about the 28th of March at 35,000 372 pulls back had a new Multi that Thursday. It was a Thursday. I was away went to 35,000 492 Look at the man. Look at the vertical test strong here on that leg D Weak on that leg II look up typed in weak and then became tumbling down now What we've got is I called this a chamois. This is a half Roman candle I in some that discusses a long time ago as a potential in my repertoire of techniques and look what we did Well being a half it means maybe you don't go quite as high on the rally We went to this massive move on Wednesday up to the 34,000 100s and we come down and today we've so far the day is young. This is this is a really volatile market and And the the leaning is towards selling all the time So we got to keep that in mind But so far we've had another H test this one We don't know because the day is young but so far it seems successful because we haven't gone below 34,000 32,000 449, but we did go to 32,000 474 Yes, so and we have oh we have a caller. Let me see now Larry's not on today I'm doing my best Because it was just sudden and I turned out to Mike in Long Island. Yes, Mike. How are you good? Good? How are you? I'm good. This is not you know, this is not Larry Piss of Enter, right? Basil chapter speaking. Yes So I'm trying to I have a position in Ford stocks. I wanted to know. What do you think? It's short term and long term So let me ask you the question normally I just go about and I say I'm gonna I'm gonna check this Whether or not I own it whether or not it's a buyer. So I'm just gonna do the analysis Before in this case I can tell from your voice. I need to ask the question Mike Have you had this for a while? I bought it at last Two weeks ago at 1560 Okay, good. I that's what the reason why I asked if if you're one of those people that bought it at say 15 or 16 Back in 2021 and so it go all the way to 25 at peak D in the weekly chart peak D in the monthly chart and Then watch to get cut almost it will cut in half That's a completely different psychological thing But if you were in two weeks ago and it looked like it three days ago It looked like it was coming back to where you bought it right and then it suddenly failed yesterday in the day and today, right? Yes, yes, okay So now the question I have to ask you is are you looking at this as a as a longer term a Kind of a buy-and-hold that you maybe your plan was that you would buy it But if it got to another level either up or down you would add to it Or is this your position and now you just want to see where it goes Yes, I just want to see in short term like my target will just get $1 swing, but it seems like it went down reverse Either Short term. Do you think any bounds? Okay, so this is the reason why I asked all these questions is because There is a there's really a very big difference between buying a stock Wanting it to go up just 8% which is kind of what you want it or maybe maybe even a little more and then seeing it come down 8% almost immediately So let's talk about that in the moment That's a chapter 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 and stock prices get the opening call newsletter by Basil Chapman in your inbox Every day 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 Are you grinding in the market? But seeing little to no return or are you a successful trader simply looking to make your job a little easier Learn to take the path of least resistance with David White's powerful trading newsletter David White is an accomplished trader whose deep understanding of technology and markets Allows him to consistently find and share winning trades support and resistance Define the ranges in which stocks trade by understanding these trading ranges David White is able to find the path of least resistance David White's trading newsletter the path of least resistance is delivered daily Before the markets open to make every trading day an easy win Visit tfnn.com today and subscribe to David White's ultimate trading newsletter for $119 a month and try all of our newsletters risk-free with our 30-day money back guarantee Take the path of least resistance at tfnn educating investors 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 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 toll-free at 1-877-927-6648 internationally at<PHONE_NUMBER> Well, I almost did the Tiger technicians out there, but I don't remember I was sitting in for Larry's hour This is the this is Larry Perceventus hour, but it's certainly not his show. I'm doing other things This is Mike in Long Island calling about Ford So my my only question to you is what would you consider a stop that you'd be comfortable with a mic? Maybe Okay, let's stay with that I too would have thought that I actually today's low as $14 I would say a slide in the next two days below that says to me Let's come back again. I don't want to be in if this suddenly Takes off to the downside. It's got the pattern I call the Eiffel Tower straight up and straight down in the weekly chart But now it's held at about the 70% or so area from the from the top So what I'm going to say to you is this on a short-term basis stocks like a Ford and a general motors I'm not sure about all the other electric the electric car companies You can consider Ford wants to be but it isn't right now But I'd also put Tesla in this group with the dreaded H that's so far successful Trying to get back above the 200-period moving average. Why don't we do this? I'm in my show the Tiger traditions are if you're able to call Monday or Tuesday Let's look at Ford again. I would say that just for my own Going in the 15s. I wouldn't want more even if it's just a starter position looking after a trade I wouldn't want more than an 8% risk 10% maybe but 8% is kind of where it pulled back to that That was that's stretching it now. It's trying to come back. It's only done 16 I'm going to suggest you hold on to it my immediate Look at the weekly charts is what I It's going down to at least the 12s But that's not the point in the short term, which is what you said I think there's a chance that if this market somehow or other find some support today and Survives the Sunday night into Monday. What is Russia going to talk about what invasion again deep invasion? Who knows but if we can survive into Tuesday I think we have the chance here to have the kind of relief rally That allows you to just have time and and then patients to see where your your newest lungs can go And at the same time it gives you a little leeway. So I'm going to say to you Um, it stretched a little bit what I would have had is a stop But you've got that number stick with that number for now And I'm just going to say to you that if it does if Ford by Today holds 14 And by Monday for whatever reason it's able to get to the 14 75 level Just raise I would raise my stop to the 14 15 14 25 level And then let's try to look at it again on Tuesday. I'll make a note if I remember ford on Tuesday I'll make a note that we're looking at it Monday and Tuesday So I hope that helps you looking out. I think a lot more work needs to be done And I think looking out ford will be back in play But there's a lot of a lot of base building that I think needs to be formed right now. Hope that helps you Yeah, sure. I can call you on Tuesday then right, please. I hope so in my target conditions are yes Sure. Thank you. Thank you very much for calling. So folks another quick question Well, I got a question. I don't know if it'll be quick or not So E-Pam E-Pam in the in the tiger youtube folks You have to get up between the den the tiger youtube just Just comments are fabulous. So we're looking at E-Pam, which is training at three six three five seven point six three E-P-A-M Is E-Pam systems? I used to have this all notated was a fantastic stock going into the end of 2021 It went over 700 it went from the hundreds just two years ago Spectacular stock they must do something that is in tremendous demand and then the failure must be Whatever it is because that that I mean going from the seven 725 40 high of november down to the low of Of the 8th of march at 168 I would definitely call that a little bit of a slide But now it's looking good. And yes, I agree with you in the chapter wave I'm calling this to be I didn't see any reason why I should call this an alternate count g slash b It looks like a b. It's acting. Well, it's got a gap which must have been on news. I love that That's not so far. This is the exact action. You want to see the day after the gap It hasn't so far filled even gone below the low the high Sorry, the low of yesterday's gap up of three three three two seven. I like it What I would do is I would start a position right here Knowing that the market is highly vulnerable But it's gone against the downside of the market so far Say, yes, I do like it and I'm going to make a note of it right here As something to follow. It is a high price of 358. That doesn't make it expensive. It just means a high price So I do like it how it fills the gap which it will at some point is going to be really important If it doesn't get below 320 all of next week, but in fact can get to the 383 level That's fantastic action. That's the leadership you want to see in a formally Very popular you can see Sector and I don't know what their sector is, but I can see by the chart Hope that helps you a p.m. Fatio was exposure to russia's software made in ukraine Oh, thank you for telling me that a general liar. So if it's software made in ukraine and thus far they Okay, that means that you I love it. I love the action For what I am going to say Don't overdo it Yes, you can make money a real nice bunch of money But on any day it could be monday tuesday something happens In the ukraine and they suddenly they they could be shut down for a day or two or three or four or five So that keep that in mind, but as a chart formation This is really nice and I love the way it filled in The big red candle of the just going into the february Close and look at that and now it's trying to fill the gap So keep that in mind. I did not thank you for telling me. It's just oh the den. I love that youtube terrific Um, that's that's to do this does not positive 27 points and up nine points in the s and p And that's what I was talking about. That's why I just couldn't pull the trigger on the short side this morning I did for subscribers. We did go long. We had a long position with a tight stop of not even a percent Just a tiny just a and I I didn't want to jump back in and send off an email because I was doing my show But I really thought that there was a chance that there was something going on today That was more emotional than technical the technical side to say to me Um, there's enough strength to come back from any sharp loss. I don't know about how high it'll go Let me do this sweet. So Larry's show. Let's do this Larry's hour, but not his show Only Larry can do his show. We're in the sideways rectangle formation talking about rectangle formations They can last remember my rule of thumb a narrow rectangle formation can last a lot longer than your patience So we'll see what happens if wheat is able to break above and not fail at 11 At 11 46 the high of the 19th that area if it's able to get to 11 58 Next week by tuesday wednesday, that means wheat has broken out of its rectangle formation Look, look when I say rectangle formation can last a lot longer than your patience. Just look at this We've got our legs. See now in the 120 minute chart. We've gone Look at that rectangle. Look at that trading band. In fact, I should have been all the way to there The trading band that went on from From 11 40 on the fifth 11 40 on the fifth All the way through between 40 41 68 Let's go to the 41 70 and 41 40 40 100. So that's a lot. That's 60 point But look look how long we've stayed in the range and then we broke under it and the rectangle formation says There's a good chance when you break under the rectangle You're ready and you should go above the halfway marker for more than two bars There's a chance that you can break above the rectangle if you want to take advantage of this sector Now is the time to subscribe to my gold report The gold report is a comprehensive look at the metals sector as well as the markets that move gold Which is the currency and bond markets new subscribers get a 30 day money back guarantee So you have nothing to lose every monday morning I published a gold report with coverage of gold silver bonds the xa u h ui Gdx as well as more than 30 different mining equities To see for yourself the types of profitable trades that are recommended within the gold report sign up now by visiting tfnn.com Don't miss out on the next great gold trade sign up today tfnn has just launched their new trading room the tiger zen 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 tiger's for just one dollar 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 bryan 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 tiger's 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 tfnn is excited about our new software charting program the art of timing the trade charts In collaboration with tom o bryan and using his best-selling book the art of timing the trade your ultimate trading mastery system David white has programmed an outstanding piece of software that will complement any trader's methodology Using this first of its kind program the art of timing the trade charts allows you to scan thousands of stocks for Fibonacci formation setups including art lease abc's butterflies and much more The art of timing the trade charts is designed to help you when scouring the markets for stocks Just beginning to form the trading patterns that many investors spend days weeks or even months Searching to find and right now we're offering licenses available at only $79 a month We are so confident that you're going to love this new charting software that will even give you a 30 day Unconditional money back guarantee don't miss out on this incredible new piece of software Get your copy of the art of timing the trade charts today by visiting tfnn.com This segment is brought to you by think or swim for more information Just click the think or swim banner on the front page of tfnn.com Hi folks, so i'm just going to show you now. This is brousel trapper sitting in for larry president Is our it's not trade what you see although we do trade what we see Larry of course has his webinar coming up Couldn't make it today, but he has his webinar coming up and go to the front page of tfnn Should be another one of those fantastic webinars that he does all day webinar wheat continuous contract just the most recent. I was 2011 up in the continuous contract high of 80 15 86 Comes all the way down to the 500s and spirals up and you see this long-legged doji this invert Sorry, this inverted chaplain wave roman candle It says and that my technique is that if it starts to trade it's a monthly candle So on any weekly not the daily but a weekly basis if there is a close above 11 94 You know what? I'm going to make it 1200 If there's a close above 1200 There's a real good chance you're going to go above the high that was made at In march of 1375 and a quarter This is a continuous contract so that price will be slightly different on different systems But that high and that everything about is exactly the same and that says it could work its way higher And that goes to inflation for sure. All right, but in the meantime, you've got the sideways rectangle formation that can last quite a while certainly the dead end and the And the weekly chart looking at soybeans soybeans only in a leg being a double top It's unbelievable that it couldn't go one quarter point higher tracing quarter points 1725.68 as and three quarters was the high the week of the 25th of feb and look Let me just remember what that was 1725 and three quarters 17 1724 was the high the week of the 24th of april And that's so far a double top and if you look at the technicals look at the left side Yeah, the technicals were starting to weaken, but the magnetic was very strong The other technicals are actually starting to strengthen and that says that on a short term basis. Oh the notation's just a little bit too high It's not automated. Every notation you see here is me hand hand charting it Have got a system. Yeah, that says you can do it automatically But the subtleties of the channel wave methodology It's just so hard to define in a computer terms Um, especially when you get alternate counts Just visually it's so so much easier to see. So this is the leg b And now so to make an arch formation holding the 50 period moving average in soybeans But just think of it this way You've got a rectangle formation and it lasts longer than your patients But the most important thing about a rectangle formation is that within the context of making it at highs Invariably there could be one pop to the upside Then you've got to be careful because it goes quickly back into the middle But it's a gray b if it goes above 1670 and 1717 24 by one quarter point it starts leg c And that says there's a real good chance you're going to retest and maybe break above the high that was made 24th of 24th of fed. All right, let's go to corn and in boston We say corn we're going to corn right now corn made in peak f slash season when we got the alternate counts Look at the technicals. It said on this high that was made right here at On the 19th of april on the day chart 814 3 quarters the high that was made a little higher at 8 24 and a half had Okay, but not great technicals and this is that it's pulling back but price is the arbiter of a trend so far It's holding very well corn at c is the Continuous contracts trading down eight and a half at seven eighty nine If it's a it could stay in this little rectangle formation right now That it's in for a little longer and then we'll see what happens I can just make it very clear if corn starts to trade this will become a peak f trades One day below seven sixty eight But at this particular point I'm prepared to keep the alternate count because it could be one more pop to a slightly higher high Looking at the monthly chart. Look at this chappan wave This is the notation here left side right side price matching this little tiny doji candles one of the techniques I use says that by late summer Corn should be making it could happen before then but by the latest mid summer It should break above the high that was made At eight sixty eight and three quarters back in the week of No, that's the month of august 1212 And that's and it's in leg c And if it goes higher in this month in leg c it continues it if it stalls It says you've got your leg d still to come so so far. They're still very positive Now I want to look at the dollar question came in is the dollar making the high the high and that's it That was a question. So the question I have the statement I have is well for subscribers We're still long from 2018 april from 1907. We took one little bit off at 96.07. We're using the We're using the uh uu p bull dollar bull e et apple fund As what that's our trading vehicle and we watched it go all the way to the high of 102.99 Uh and then it pulled back to 89 21 and we held on and stopped held and we still in that position And look what happened. You're going to a higher high. It broke the high. So is this a triple top? That's really a question right in the chapter wave u w w formation This is the the inverse of the h going to an m pattern. This is the u going to a double u Are we making a double top? Well, the stochastic's at 90 percent in the monthly the maggie's very strong the unbalanced volume I don't have because it doesn't trade The dollar index is different to the uu p. It's why you have to use that but we have the nine period way above the 14 and it's in leg c and because It had gone 82 25 88 25 it did hold the left side low So technically I can give this an alternative count. There's nothing yet that says I should And I still think that united states economy regardless of where it is and what it's doing Is still one of the better economies in the world the dollar is the icon of that That's the holly davis an icon of of america. It is the dollar at this particular point So i'm just going to say that's holding very well Now we put it together and say let's look at it in terms of gold Let's look it in terms of look at this the the weekly chart has gone to a leg f Over the previous high does it close above that previous high that'll be really important You want two closes out of three in the in the chaplain wave cup formation? In this case going from live 102.99 back in 2020 And pulls back and now it's got this pattern. I drew this in as a chaplain wave left side right side Not exact price time because the plum line shifted to the right But that's the one I used and it got there two days to Weeks late and yet we are it's gone above 102.99 doesn't close even one week above it But I like two out of three In this case weeks, but they bars to say hey, that's a legitimate move to the upside Stochastics and 94 that's fantastic magnies good. So so far the dollar's holding well in all time frames Short term you got to watch this because you've got the the h pattern In reverse that's the cup formation right here and that just says What happens on this bar? On the on 28th with the technicals being strong And this bar where the technicals are a little weak, but the magnia hasn't turned down the 90s way above the 40 There's still internal strength here. So let's do this. You are usd These are the currency pairs does down 205 it hit that level and then turned round That's why I'm saying just don't be too fancy here You've got to be you got to take everything At face value and really trade or Analyze what you see We're looking at the europe Trying to rally at a peak b off the low but the monthly charge remember I said We got this left side right side with the plumb line that I drew you get this perfect arch formation left side It's called the arc q and look at this right side of q on the going down For the for the semi circle And we've had two bars late Are you in the market for buying or selling real estate in the bay area? Including the surrounding st. 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Call tiger real estate LLC today at 727 329 83 22 or email us at tiger at tfnn.com that's 727 329 83 22 call us today The technology around us is changing every day with so much happening that can seem impossible to keep up with all the information David whites investment newsletter the technology insider Is designed to give you all the information you need to understand the technology that shapes today's markets and tomorrow's future David white has made his living staying on the cutting edge of technology His weekly newsletter will give you specific recommendations for value tech stocks As well as entry prices target prices and stops to set for each trade Dave delivers his weekly newsletters every friday with updates throughout the week You can get the technology insider at tfnn.com for only 37 dollars and 50 cents Sign up for david's newsletter the technology insider and get an inside look at everything the technology sector has to offer Try it risk-free today with our 30 day money back guarantee tfnn educating investors Are china a shares hot or not? If you trade china a shares now may be time to take a closer look trade cha u or chad Directions daily csi 300 china a share bull and bear etf's china a shares in either Visit direction investments.com today an investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing The prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus Please contact direction shares at eight six six four seven six seven five two three The prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk Including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four side fund services llc Don't forget you can listen to tfnn live on your mobile device 24 hours per day Go to tfnn.com and hit watch tiger tv That's tfnn.com and hit watch tiger tv Back a basil chap been seeing you for the hour that larry pacis pesaventa would be here A lot of questions about I'd never got to my show the tiger traditions I never got to all the commodities and the currencies could I do that on monday? I said, okay, I'll do it. But then I decided once I heard larry couldn't make it today for this hour And don't forget he's got his should be a wonderful webinar coming up in two weeks time all day From tuesday check front page of tfnn and so euro dollar currency pair It broke down and went below the low of march of 2022 For yesterday for last week this week. It's still under it. It's at 1.058 Days young anything can happen But if it closes under that left side low for two out of three days It has to generate an entirely new buy signal. This is the weekly chart And it has to come from the stochastic which is a 7% and not giving you anything unfortunately I don't have volume here. That would be in the trigger But you need to see the price hold above the left side low of 1.063 64 that was the march of 2022 low At least for two out of three weeks is a weekly candle If you look at the monthly candle, you'll see that because the dollar is in leg c in the chaplain wave once you get a buy mode going to um Leg c you expect to have a d and in the sell mode you get to a leg c Doesn't mean you have to get to d but the the mirror image would say that the europe probably could have a good bounce at some point And then probably go to a lower low at some point So it says that the dollar is still the currency of strength That's for now and we're looking at the usd jpy which From my perspective, I always think it goes in the same direction as the dollar But it doesn't necessarily do the same percentage. We saw it have a spectacular rally recently when the dollar was meandering And then we've seen the vice versa right now. Look at this incredible A weekly rally to a leg e It could be f slash c but i'm calling it an f for now I've got five numbers and all that doesn't matter about those look what happened in the uh in the very long term chart Look at this double top. That's for me. It broke significantly above the high that was made back in June of 2015 at 125 847 it's trading now at 130 0.32 up 14 So as long as both the yen and the dollar are moving in the same direction And now I have the same implications of a triple in this case a double top We'll see what happens over the next week because this is going to be really important right now You've got a pkf going sideways. It hasn't broken to a new high like the dow in the daily I'll just tell you right now. I didn't tell you for the job, but I'll tell you for the Uh for the us dollar. This is the yen Japanese dollar Japanese yen us dollar currency pair If at any point on a weekly basis it actually closes below 126 It's at 130.35 right now if it closes on 126 The data is gone from a cell signal. It hasn't done that yet It'll go from a cell signal to almost an immediate cell mode That's number one number two is that the weekly chart for the nine to close under the 14 You'd have to see a trade in the 117s at some point or it's a slow grind to the downside So so far these are really strong and any pullback says just keep an eye on it because Uh, it's within a trading it'll be within a trading band if it pulls back and the trading band says 126 80 it's called a 127 To 130 can you even go to 130 250? That's kind of the trading band. I'll be looking at now. Look at the gold Gold is sitting on the 200 period moving average hasn't been able to break above and uses that certainly as a support level But if it starts to trade under 1850 there's there's a chance that this becomes tremendous resistance between 1867 Remember for weeks I've been saying my target is 1865 It's gone lower. It went on the continuous contract. It went down to 1849 And now and then it bounced strongly yesterday. I couldn't hold that and today it's green But we'll see what happens. It's kind of stuck But it's not breaking down and when you think about what the dollar has done. I am impressed with gold I think the gold is a currency of a geopolitical currency of fear and therefore it's holding well because countries not banks and countries the real big buyers Are in there and it seems to me that they are buying it that monthly chart says hey You've got your cup formation with a much weaker A left side to the right side from the july ish 2020 high To the pullback a double bottom dreaded h pattern and right the a minus and then it goes up to a c A leg c a gray c because it's underneath the previous high And so it says to me gold is probably just stuck in a range for a little while longer as the dollars the dollar will find its Buying pressure keeps coming in on dips But if gold at any point and this is what i'm looking at in the summer That is going into June maybe july If gold at any point starts to trade Above 2010 That's the kind of break of the previous high that was the high that was made on the 18th of april at 2003 That's the kind of move that says or watch this closely because the previous high of august I always say august because of south africa We use the english ways to put the month first and then the day in this case you put i'm sorry the day first and then the month Uh, I for you decades and decades. I've had this and i still do it March the 8th of 2022 20 2083.30 this gets smoothed out because it's continuous. It's sold 2083.70. All right, so that's moved attack But that will be the high that's targeted until then it could go sideways I think there's a chance of a much bigger move in gold later on in a in a number of weeks And that's when the dollar will have its next big pullback Maybe at that point it pulls back from a c and makes that leg d later in the year We'll see about that. So I did that did that. I want to look at high-grade copper high-grade copper Making the h pattern so far. It's holding the left side low But it seems to me copper has been in this range this trading range for so long Remember rectangle formation can last a lot longer than your patients who use this the iwm was a great example This has gone from round about mayer higher 4.9 down to the 4.2 ish area and it's just being in this range Finally went to peak abc peaked easy objective in the chapter way methodology for a buy mode your first objective We went there and the rule of thumb and rectangles you can go a higher But you probably if you break the halfway point on the pullback You're going to go towards the bottom and that should be your next test of support Look at the iwm just as an example. There's that rectangle formation. It held all the way from Back in march 234 down to the 207 support and it just was in that range for I mean for a year and then it broke out to 244 46 in leg d chapter wave pd Pulls back breaks the halfway point and then it goes whoops down and makes this shredded h pattern So this is much weaker and even today. It's making a lower left side low Right side low to the left side. That's very weak the Uh small caps. Let's look at silver. Yeah, silver is si It went to a great peak c in the weekly chart Um, this this cup formation could not break above The high significantly to try to test the previous high. I didn't type that in but that was 2750 Yeah, 27. I think 27 2754 pulls back holds the 200 period moving average goes above it And then breaks down and now you've got your strong resistance And this to me is the clue of the market When the when the copper starts to break down and wood which is the eyeshares of the global timber and forest gtf Which has been holding so well if it starts to break down then they generally all the economies are starting to slow down dramatically 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 in technical market analysis And it's not just dry tedious tech 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 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 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 Get the opening call newsletter by basil Chapman and your inbox every day 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 If you want to take advantage of this sector now is the time to subscribe to my gold report The gold report is a comprehensive look at the metal sector as well as the markets that move gold Which is the currency and bond markets new subscribers get a 30 day money back guarantee So you have nothing to lose every monday morning I published the gold report with coverage of gold silver bonds the xau hui gdx as well as more than 30 different mining equities To see for yourself the types of profitable trades that are recommended within the gold report sign up now by visiting tfnn.com Don't miss out on the next great gold trade sign up today And as that Mozart overture the manager Figgler, which I once said when I was a professional musician conducted I went up once I used to often conduct that Um, fantastic piece of work music We're looking at would the ice shares made a peak D sitting in the 200 period moving average and now this is interesting I had the question about ford earlier on I said just make a fairly tight stop But I I see in the den peter says largest 90 day decline in used car prices in the history of the manheim index Down 6.6 percent since january so I've got a feeling that and look at slx which is the steel sector etf It made this peak D weekly high only a peak c in the monthly a peak g a little tiny doji candle Do you remember I measured the left side to the right side way weaker than then then the double tops The technicals were forming and now at the 200 period moving average so many stocks and indexes I have treated that 200 period moving average first with respect and then just went right through it So it's still starting to come down if the um, um And the outlook the statement is outlook firm amid concern of global steel I don't see how it can be firm. There should be some weakness coming in So let's just make this as simple as possible for the day We're looking at and basal chaplains just sitting in for the hour of um, laddie pesavento It's a 32.55. He's sorry to pull back sharply and then the market at a really good rally Dow actually went positive now it's down to 78 Before I hand you over to all the different programmers here at tfnn Don't forget Larry has his webinar coming up On tuesday week from tuesday. I believe it is go to the front page. Check it out But what we are looking at here is of the vix index Stars decline from 32 50 into the 32 90s or 33 30s Later this afternoon as the market starts to weaken you can have a very ugly close And that monday is going to be critical I don't think we're in that crash territory because a crash territory would say it would say Hey, you get your crash and now you start your new big move to the upside I don't think we're ready for that. I think we're rolling and we're gonna can't we've got the earthquake that happened Now we've got the aftershocks and they're gonna be a lot of aftershocks So the general consensus that I think in my market view of all the indices Lower highs and lower lows Is kind of the format that we're looking at with sudden springs to the upside But I think until we get a real wash out with the volatility index somewhere in the 48 to 52 area And that could take a while before we get there the conditions get there I think we have to look at this as a trading a trading area short term trading Longer term if you want if you're building a cash position, which for subscribers to open your call I've said for months the other cash position we want cash for the next major buy And I think that that makes sense short term trades. Yep. Love them You can deal with them but looking out just probably be very very careful Hey, Larry should be back Monday. Have a wonderful weekend bowser chapter signing off and Have a great weekend


So I'd like to start by telling the story of two stick figures named Jack and Daniel. So Jack and Daniel are both writers, but the difference between them is that Jack lives in the year 1966, while Daniel lives in the year 2016. So let's take a look to see how different life is for Jack and Daniel as two writers separated by a span of 50 years. Jack, if he wants to be published, first has to find himself an editor or an agent. This editor or an agent will decide if his stuff is good enough to pitch to a publisher and then the publisher decides if his material is good enough to publish to a mass audience. So you can see it takes Jack several steps to reach an audience in 1966. Now let's take a look at Daniel. All he has to do is get on the internet, start a blog, and start publishing, and just like that, he can reach an audience. This is something Jack never could have done 50 years ago. Of course, the concept that I'm talking about here is the democratization of publishing. Today, anyone can create a website and publish content. Anyone can reach a mass audience. And I'm sure all of you are familiar with this concept because that's why we're here. Democratization of publishing is the mission of WordPress and no one can dispute the great things it affords us. It grants a voice and power to everyday people. But you all know that, so that's not why I'm up here today. Rather, I'm here to look at the flip side to all this. Is democratization always a good thing? Today, everybody has the power to be heard, but does that mean that everyone should be heard? My name is Dennis Hong. I'm a Jack of Blog Trades at Automatic, and in this talk we're going to look at the dark side of democratization. I will be talking about the objectively bad things that can happen as a result of democratized publishing, and then we'll discuss potential solutions. Because the paraphrase of well-known saying, the first step in carrying the dark side of democratization is admitting there's a dark side to democratization. Also, for your reference, I've created a page to go along with this talk, so if you go to darksideofdemocratization.com, you can get links to all the citations and references I make here, as well as additional resources that you might be interested in. So feel free to check that out. Okay, let's dive right in and talk about problems now. These are the four main problems I will be addressing here. Field by emotions, shallow browsing, mountains of misinformation, and connecting extremists. Now, to be clear, these are not the only four problems with democratized publishing. These are just the main ones I'm going to be focusing on for the sake of keeping this to a half-hour talk. All right, diving right in, field by emotions.  We have to do something about this. And so you do by getting on social media and sharing said piece of content so all of your friends can get riled up, too. Well, as it turns out, this is a pretty key component in democratized publishing. Going back to Daniel, our author from 2016, what I glossed over previously is that he can reach a mass audience, but that doesn't necessarily mean the audience will be listening. There are so many blogs and personal websites on the net today, it's just an overwhelming sea of voices. For this reason, the key to being heard on the Internet today is to go viral.  This is how you reach a mass audience in 2016. To study the idea of virality, a group of researchers looked at 7,000 articles from the New York Times over a three-month period to see which ones were the most widely shared. And this is what they found. Content that elicits an emotional response tends to be more widely shared. Content that produces greater emotional arousal, meaning that it gets our heart racing, is more likely to go viral. And then finally, anger-inducing content is more likely to go viral than sadness-inducing content because it creates more emotional arousal. So this was just one study. At this point, several other empirical studies have been done by both scientists and marketers, and they all come to the same general consensus. The more emotional a piece of content makes us, the more likely we are to share it, and the more likely it will go viral. So now, if we think about this, the very nature of virality means that thoughtful but unemotional content will tend to sit unshared on the Internet. These are the articles that may require the most analysis and consideration, but because they don't generate an emotional response, they rarely spread. Meanwhile, an article that really rouses us up, gets our blood boiling, is going to be shared and shared and shared and shared. As long as it generates a strong emotional response, it will spread. For this reason, we can see that a democratized Internet is going to promote emotionality over logic and reason. So can this be a problem? Absolutely. Especially if we combine it with the next two problems. For several years now, scientists have wondered whether the Internet, and the way it presents information to us, can affect our actual brain structures. The sheer amount of information on the Internet can be overwhelming. The latest stat that we have for WordPress.com is 65 million published posts per month. Before the Internet, we were used to reading books and other long-form writing that requires deep focus to get through. But that's not how information works on the Internet. Because there are so many websites out there, our brains have learned to scan and skim. So basically, we browse through whatever sites we visit on a daily basis. And then based on split-second decisions, we decide what we want to click on and read. And even then, we may not end up reading very far because there are so many other sites out there, all just a click away, sitting there tempting us. For this reason, scientists now believe that screen time, not just the Internet, but screen time in general, has led to an improvement in our visual skills with a concrete decline in critical thinking. So basically, our brains have gotten better at picking out information quickly and efficiently, but they're losing the ability, at the same time, for deep analysis of said information.  On April 1st, 2014, National Public Radio shared this link on social media. What has become of our brains was the title. Why doesn't America read anymore? In an age of readily available information and countless ways to get it, we seem to be losing touch with our powers of comprehension. Sounds a lot like what I was just talking about, right? Well, if you actually clicked on the link, this is what you saw. Congratulations, genuine readers, and happy April Fool's Day. We sometimes get the sense that some people are commenting on NPR stories that they haven't actually read. If you are reading this, please like this post and do not comment on it. Then let's see what people have to say about this, quote, unquote, story. Best wishes and have an enjoyable day. You're friends at NPR. I bet you can imagine what's going to happen, right? Sure enough, the comments came rolling in. Excuse me, I read every single day.  People were commenting about how much reading they do when they obviously did not in this case. As you can see then, this perfect example of the fact that the sheer amount of content on the Internet encouraged skimming over in-depth reading, if any reading at all. And of course, content creators know this. After all, if a writer publishes a long, thoughtful article, but people get bored and nobody reads it, then she has to try something different. So she decides to publish something simpler, something she knows will get people excited. And sure enough, people do. Of course, this only encourages her to keep publishing simpler and simpler and simpler content, and it becomes a race to the bottom. So effectively, we respond to easily digestible content, and this only encourages publishers to keep producing easily digestible content. And this now takes us to the next problem, which helps to explain why there are mountains of misinformation on a democratized Internet. So at this point, I'd like to make a quick side note, which I refer to as the giant trumpeting elephant in the room. So I first started researching this topic over four years ago, and it was never a political issue. The problems with democratization are universal and not confined to any one single group. For some reason, however, since, well, like November 8th, many of the problems I've been talking about here happened all over the news in a very partisan manner. So I'd like to emphasize that I'm choosing to stay politically neutral in this talk. However, you are more than welcome to draw your own conclusions and connect what I talk about to what's been going on in American politics over the past year and a half. It is entirely up to you. I'm staying neutral. And with that, let's start this section by comparing traditional media and democratized media. Traditional media is filtered and curated. If any random person wants to be published, they have to submit the material to the media, and then the media reviews this and decides if it's good enough to be published. Ergo, the media acts as a filter to make sure only quality content gets through to the masses. Now, granted, the traditional media does occasionally mess up, and every now and then, misleading content does sneak through. And yes, there are certain publishers that are relatively low on the journalistic integrity scale. I get that. However, in traditional media, this tends to be the exception, not the norm. Now, let's compare this to democratized media, which is neither filtered nor curated. Today, anyone can start a website and publish anything they want. The barriers to publishing have been removed, but the flip side to that is now there is no filter, so any type of content, whether good or bad, however we want to define good and bad, can find its place on a democratized web. Before the internet, we got information from books, magazines, newspapers, television, all curated and filtered content. Today, anyone can go on WordPress or any other miscellaneous platform we don't care about, and they can start publishing their opinions, whether or not their opinions have any factual or intellectual merit whatsoever. So now, let's tie these last three sections together and see what happens.  If a link we click on happens to be a long drawn-out article, there is a good chance we won't even finish it. On the other hand, if a link we click on happens to enrage us or shock us or terrify us, then we are much more likely to share it without always pausing to consider the topic or if it's even true or not. As a result, all we ever end up noticing online is misleading content specifically designed to manipulate our emotions. To be clear, this is not the only content on the internet, it's just the stuff that gets the most attention. And by the way, I'm not going to make another reference to our current political climate, but I am going to give you an example that is fairly timely for the past few years now. And the example I'm going to give you is the anti-vaccination movement. Now hopefully at this point, all of you are aware of the sheer weight of the science behind vaccinations. If not, feel free to tweet at me or send me a message and I'll be happy to chat with you all about it. So even today, after literally everything about the claim that vaccines cause autism has been thoroughly debunked, anti-vaccination beliefs still persist. And part of the problem is that there are so many anti-vaccination websites out there. I googled vaccines cause autism and I got over 800,000 results. Now, the good news is if you take a look at the results, you'll see just as many, if not more, scientifically sound websites explaining that vaccines don't cause autism and providing all the science behind that. So that's good news, right? Well, there is still one very big problem with that. That illegitimate sites exist side by side with legitimate sites, gives them false equivalents. False equivalents is a logical fallacy where two sides of an argument are treated as equal and opposing, but on closer inspection, it's revealed that one side is based in evidence, in scientific evidence, in logic and reason, and the other side is based on completely made-up information. In a false equivalent, somebody will say, well, we have to look at both sides equally, even though there is a huge disparity in the quality and the quantity of evidence on either side. Effectively, it gives credibility to a bogus idea, and that's why just the fact that there are so many anti-vaccination websites sitting there right alongside with pro-vaccination websites continues to be a problem. As you can see, democratization allows misinformation to persist. Okay, we'll come back to this when we talk about solutions, but for now, let's move on to the last problem, connecting extremists. First off, humans have an innate need for community. That is to say, we instinctively seek out other people who share our values and our beliefs, and we band together and form tribes as a way to cooperate and fight off common enemies. Everything from politics, liberals versus conservatives to technology, iPhone users versus Android users.  Thank you. I'm partisan when it comes to toilet paper, not politics. It's all rooted in our innate desire to belong to a group. For ancient humans, this behavior was vital for survival, but today, it still provides us with a sense of purpose and comfort. Oh, and by the way, the evolution of human tribalism I find to be a fascinating topic because it explains so much about modern human behavior. If this sounds like something that you might be interested in, I have left a few links at darksideofdemocratization.com for a further reading, if you'd like. Before the internet, geography was a limiting factor in our ability to find like-minded others. Your beliefs were very, very different from most of the people around you.  On the internet, everybody can find like-minded others. It doesn't matter how wildly unpopular or even extremist your beliefs might be, chances are, someone else out there on the internet has those same beliefs and there is a website out there where you can glom onto those beliefs together. As you can see then, a democratized internet allows extremists to find each other. It also enables recruitment. So before the internet, someone like Osama bin Laden never could have written an article to the national newspaper and tried to find recruits. He can't just write an article saying, well, the Taliban is awesome. You all should join, right? His extremist views never would have been published. The internet, however, allowed bin Laden to craft his messages exactly as he saw fit and he was able to deliver this message to anyone in the world who had internet access and that allowed him to recruit from anywhere.  White supremacist sites. 9-11 conspiracy sites. Holocaust denial sites. Every fringe or extremist belief you can think of, it's out there on the internet just waiting for new members to join. As you can see then, even though extremists represent a sliver of the human population, they are able to connect online and amplify their message and this can pose a very tangible danger. All right, so that wraps it up for this section on problems. Few, right? Just to recap really quickly, a democratized publishing environment promotes emotionality over logic and reason. The sheer amount of content encourages skimming over in-depth reading. Democratization allows misinformation to persist and democratization allows extremists to find each other. Again, these are not the only four problems. If you'd like to read up on more problems because you're a sucker for punishment, go to darksetofdemocratization.com and you'll see some other issues that I address as well. But let's talk about solutions now. Playing the game, combating misinformation to silence or not to silence. Let's dive right in. So if we ever come across a piece of content on the internet that really rouses up, makes us angry or makes us shocked or makes us terrified, the first thing we have to do is take a step back and evaluate our emotional response. Make sure we're being stoic Yoda, not disembodied Luke here, and decide if our emotional response is worth it, if this is something we're getting riled up about. If it is, then by all means, we should share a way. But if not, then we probably shouldn't share it after all. As content consumers, awareness that we're being manipulated is our greatest tool. Okay, what if we're content producers? Well, for that, let's just start with the metaphor, using cake. So let's say we have a slice of cake that is literally just a chunk of plain baked white flour, nothing else. Obviously that's going to be kind of boring and bland, and few people are going to want to eat this cake. On the other hand, what if we have a slice of cake that is just layer upon layer upon layer upon layer and layer of frosting? This cake might look really pretty, no, what we want is a perfect balance of thin, delicate layers of sugar-y sweet frosting over thick, rich, substantial layers of moist flour. That's how we bake a perfect cake. Internet publishing is the same. We have to catch people's attention with a flashy title, verbal frosting, if you will, something to get people to click on the link. And then once they do, then we start doling out heaping madefuls of deep, insightful information. There's nothing wrong with a little bit of fluff every now and then, as long as the information we're presenting is accurate and ultimately valuable. By the way, I do just want to apologize right now to all the cat lovers out there if I'm in any way implying that cat photos are superficial or manipulative. I swear it's just a metaphor because come on, we all know that cat photos are the awesomeness. So moving on, I'm now going to give you five incredible reasons the next section of this talk will blow your mind. You'll be astounded when you hear what I have to say at the end of this presentation. Right? This is how we play this is how we play the Internet publishing game. Okay, moving on for reals now. Aside from excuse me, checking our emotions, before we share any content online, we also have to make sure that information is valid. Now the good news is there are now a ton of different tools that we have to check misinformation and also identify questionable websites. So if you go to darksetofdemocratization.com you'll see links to several browser extensions and resources that you can try out. Okay, then what about helping others? What happens if we see someone else posting false or misleading content? What do we do then? Is the solution as simple as offering them concrete evidence to the contrary? The answer is no. A few years ago a group of scientists identified a phenomenon that they dubbed the backfire effect. And this is how it works. If a person with strong pre-existing beliefs is shown evidence that their beliefs are wrong whether that evidence be in the form of a news article, a scientific paper or any other reputable source of information this person's wrong beliefs become even stronger. Facts not only fail to correct misinformation, they somehow strengthen and reinforce it. And furthermore, when confronted with overwhelming evidence that they are wrong people will often engage in a behavior called flying from facts. And here, instead of attempting to dispute the validity of specific pieces of information they'll simply reframe the entire issue in an untestable way so they can sidestep the facts altogether. And here's what that looks like. Vaccines are dangerous. They cause autism in kids, says the anti-vaxxer. Actually, there is zero scientific evidence that they cause autism and any purported studies to the contrary happen thoroughly debunked at this point says the pretentiously voiced scientist who follows up with a detailed list of peer-reviewed studies. Well, of course, that's because it's all part of a massive cover-up by pharmaceutical companies. As you can see, when confronted with indisputable evidence that they are wrong the anti-vaxxer retreats to an argument that can't be verified or tested scientifically so we can't prove them wrong. Now, just a quick show of hands. Who has ever had a discussion that kind of went like this? It doesn't have to be vaccines or any... cool. Good for you. Good for you. Me too. And by the way, I'm staying neutral, of course. But if you want to take that last quote and replace pharmaceutical companies with mainstream media, maybe that might sound kind of familiar too. As you can see, combating bad information is not a simple matter of presenting good information. As studies have shown, good information alone is nowhere near enough to convince someone that they hold incorrect beliefs.  So, okay, what do we do? How do we combat bad information? Well, it comes down to having a lot of patience and empathy for those whom we perceive to be misguided. We're not willing to engage them individually and often privately with understanding and tolerance and not an ounce of shaming or hostility. We can't be combative. It's less, you're wrong. I'm right. And more, I see your point of view and I understand your concerns. Have you thought about it from this perspective? That's how we change minds. It's a slow, gradual process. And that's why I put the offer out there, sincerely. If any of you are concerned about vaccines, send me a message. And I'll be happy to discuss it with you. Okay. Finally, to silence or not to silence, if there are websites out there that can pose a tangible danger to people that can be considered hate speech or breeding grounds for violent behavior, what do we do about them? Do we take measures to prevent extremism on the Internet? Well, first, let's take a look at a couple of solutions that have been tried. First off, Google, Twitter and Facebook have attempted to target teenagers who might be at risk of being radicalized. They'll have algorithms that will track the teenager's online behavior and if they use any red flag terms like Sharia or Mujahideen, which is a person involved in a jihad, these teens will be directed to anti-radicalization websites or shown videos on how to resist being tempted by radicalists. And then, there's also the most extreme option to simply block any websites that are seen as dangerous. This is something that China is infamous for and there was a talk just yesterday about this. This is also something that's all over the news right now, not just in regards to extremism but to misinformation in general. But then, doesn't this sort of run against everything that democratization stands for? The reality is there are no simple solutions. So, what I'm going to do now is I'm going to open this up for a group discussion and do a Q&A at the same time. So, because I don't have all the answers, I will admit, I don't think anybody does. So, we'll do a group discussion for about 10, 12 minutes and then I'll wrap everything up and leave you with some closing thoughts. So, if you have any questions, comments, suggestions, ideas, about anything that I've talked about so far, we'll do the Q&A right now. Oh, I'm not done yet! Hello. So, what are your thoughts on satire websites who have a right to exist and are great and brighten up our lives? But, a lot of people fall victim to those sites because of the reasons you discussed and not paying attention and following through. How do we... do you agree with how Facebook is doing it and whether these sites are what do you view for those types of sites? First off, I absolutely support satire websites. The Onion is one of my favorite websites to read and you're right.  In my opinion, if you mistake an Onion article for real, then maybe you need to do a little bit more... They're the outlier at this point. But there are a lot of websites. They're different now as long as it is very clear. But the problem isn't with very cut and dry websites like the Onion. There are other websites out there that purport to be satire but you can tell that they're doing it in a subtle enough way where you really have to suspect if they're doing it on purpose to try to mislead people and get clicks and views or if they're actually being satirical. As a... I don't know if you saw... I write comedy in my spare time. And as a comedy writer I can tell you that subtle satire is bad satire. That's not a good satire. But we can't dictate that. We can't be like this isn't good enough. We're not going to slap the satire label which is going to be false. So I think it's the gray areas that are going to be problematic. And yes, I support what Facebook is doing. I think that is a good first step but we have to find the nuances of it. I don't know. I think it's a bit unfair that someone can easily spread misinformation and have emotional responses share it so heavily with so many other people so quickly. Yet the response to correcting these misperceptions is a one-on-one patient conversation that will take a lot of time and energy if successful at all. Absolutely. So part of my question was I know Upworthy had a bit of success for a while because it might not have been very, very public using emotions. Are you aware of anyone else who is doing this for misinformation websites? So I forgot I was supposed to restate the question. The question is Upworthy has had some success sharing stories that are not based on emotions. Am I aware of other sites? I absolutely am aware of them. There are a lot of sites out there that attempt to disseminate good quality information. But even Upworthy like the two example joke titles those are Upworthy articles. So that's where the playing the game part comes in. I think it's absolutely okay to do that because you have to be competitive. You need to get people to click on it and then once you do that then you cross your fingers and hope that they will keep reading. So yes, I absolutely do believe that there are a lot of articles out there a lot of sites out there that give it an honest shot and I am way supportive of them and I think it has to be a concerted effort that we as a society decide that these are quality sites. These are the ones we should be reading and everything else is good for entertainment it's good for a cheap thrill so to speak but this is what we need to focus on. Does that address your question? How are you doing? Good. How are you? This is William Jackson. I teach educational technology and I wanted to get an idea from your experience and your knowledge. How do you continue to engage young people when you talk about misinformation that there's actually misinformation out there and they have to be careful in what they're reading and comprehending because we've had this discussion several times in my class about misinformation how to address it what to do about it. So from your ideas experience what could I talk to them about? Funny you should ask the question is from my experience how do I address people, how to encourage people basically to be cautious of misinformation. That's kind of a paraphrase. So before I became an ornamentation I was a high school teacher a high school science teacher at a continuation school which is the school for kids who have been kicked out of school and this is where I learned a lot of my teaching techniques because these kids were not the most motivated kids we'll just say that and so to me it becomes you have to empower people to make their own decisions you can't dictate you can't tell people this side is bad this side is bad this side is good you have to give people the tools to say okay here are some tools this is the type of thinking you need to engage in to make these critical decisions. You know read through this site and does it use a very inflammatory language is a very hyperbolic if it is then you might need to be careful about that or does it provide links to a bunch of different sources and so on. So to me my answer to would be empower your users your customers your students whatever population you're working with encourage them to do their own work and that's how you get them to take on that scientific mindset so to speak of being skeptical and always being cautious rather than somebody telling them this is right and this is wrong. Thank you. Hey Dennis my name is Kevin I'm a developer you mentioned the importance of emotionality and connection to credibility and as a developer a lot of the writing we do is technical and straightforward and to the point so an example would be how to write your own short code and we're trying to help other developers might be searching for how to write their own short code so how can we bring emotionality into otherwise technical or instructional writing? For more esoteric fields I don't think you have to. As an ex scientist if I'm looking for a specific study I don't want fluff I'm looking for very specific information and if I find it I'm great I just want to see the facts I just want to see the data and so I think for technical fields where people are already going to be looking for something specific it's not something you have to worry about what we're talking about is popular culture and popular news stuff that every day people quote unquote consume and that's why you do have to be competitive so as a developer if that's your focus I really don't think that's something you have to worry about because people will find it right? My name is Josh and I'm a developer there's two comments I want you to quickly make one thing that I found helpful as weird as it sounds is on occasion when misinformation is spread and it gets me fired up I can't believe that this stupid information is out there is to not bring attention to it because sometimes you actually give it to the press when you give it attention the other thing that I found is sometimes depending on the type of misinformation the most extreme forms like say anti-Semitism with holocaust denial if like on Facebook if the person crosses the line then go ahead and report them at that point and then sometimes that might make them think twice and maybe taper back some of their rhetoric yep so sorry I keep forgetting to do this the question where the comment was how to deal with misinformation and yeah I agree it's very extreme if they cross that very clear line then absolutely there are tools to handle that so I think the bigger issue is with that gray area kind of like what I was talking about previously yes I agree that when it comes to misinformation spreading misinformation any attention is good attention you can say holy crap this is awful what kind of horrible person you are you're still giving them a click we do have to be tempered with it and for me personally my solution is how often does somebody do it and if I see somebody doing it all the time I may message them privately and just kind of drop them a link to something that they can read to verify that but yeah you do want to minimize that and not to call attention to the bad stuff I agree absolutely thank you hi my name is Lauren I'm a librarian so we've been fighting this fight for a long time we call it information literacy and if you've ever heard of the pacific northwest tree octopus you can see some of the things that we've done to try to teach at least kids and teenagers and college students how to evaluate information but with the budget cuts we've all gone through a lot of school libraries and librarians are being sort of eliminated which takes that information literacy out of the equation in just the last two weeks I've seen a lot of college libraries putting together lib guides and infographics to try to spread that out and talk about how to evaluate information for you know being based in a fact in like a post truth world and I think basically this section could have happened at a conference you know to see the two communities work together to spread how to evaluate information would be a really good thing I think we have a lot in common and we could really do that absolutely I think the comment was how can we spread information literacy for librarians at public schools high schools and colleges it's a shrinking field because of budget cuts yes I absolutely agree and I think this crosses many fields this isn't just tech it's not just education it's really anything where you know because humans are social animals we've learned by spreading information from one person to another and we have to figure out how to do that okay so due to time constraints I think I'll take one more question sorry about that if you want to come and chat with me afterwards though I'll be happy to chat with you well thank you for addressing this topic welcome this is obviously something that we need to see a solution to but watching talking about being politically dispassionate taking a look at this last election for me it was very instructive particularly on election night to be switching between networks and so I would literally watch Fox I would watch CNN to diametrically oppose the views of the election and I learned a ton by doing that often when an adjective is used it indicates bias and when I take a look at bias myself and the way I perceive things and that would actually be one of the concerns I'd have with filters who's doing the filter and what is their bias and so taking different points of view and bringing them together and being dispassionate and taking the motion out from a personal point really seems to be the best way to approach these things obviously you have to be careful when there's true extremists involved I agree 100% and I think what you addressed a lot is this idea of filter bubbles that if we are only specifically reading if we're reading specific sites then that is going to limit our viewpoint so I do absolutely encourage everybody and it's hard I know it's really hard sometimes pick out a site that is opposite of your own beliefs and really read it sit down and read it and try to read it with an open mind and evaluate the sites what you're trying to do is get a link like you don't read it for the sake of saying this is wrong this is wrong read it for like why would somebody reading this buy into this why would somebody believe this why would this matter to somebody I think that's what we're missing a lot of right now with those echo chambers is how to cross connect to somebody who has a very different belief from us and with that let's just recap really quickly everything that we talked about that's content consumers awareness and conscientiousness are our best tools that's content producers it's okay to play the publishing game correcting misinformation requires patience and empathy and finally there are no simple answers for dealing with extremism and with that I'm going to leave you with a quote by Shazaf Rafiely who is the director at the center for internet research at this University of Haifa if we get into a moral panic and do too much too soon we might regret it we need to worry about hate and hate speech but the sorts of expressions we see online are not necessarily a cause for legislation nor are they a cause for litigation open culture is the very nature of the innovation that is the internet and you cannot achieve openness by closing doors this quote really resonated with me it does represent the spirit of democratization while acknowledging that we have to be careful the democratization of publishing does have a dark side but that does not in any way imply that it's a bad thing or that it needs to be suppressed it just means that we have to be careful and be cognizant of these unintended side effects and that's why I'm up here today hopefully I've brought a little bit more awareness of these issues that we as supporters of democratization will need to be thinking about for years to come to paraphrase another well known saying the price of democratization is eternal vigilance this is far from the end everyone thank you