The following is a presentation of TFNN. The Tiger Technician Hour with your host, Basil Chapman. Call now, toll-free at 1-877-927-6648. Hello everyone, Basil Chapman, Tiger Technician's Hour on this Wednesday, Wednesday the 2nd of February, well into the year 2022. I don't know if any of you remember, but last year I was saying the end of 2021 going to 2022, I would not be surprised as part of this whole mega bull phase. We start to see stock splits. I have never in all the years that I've been monitoring the market or trading the market or being involved in the market, seen this number of stocks in the thousands, 3000, 4000 without the push towards splitting that it's just an inevitability. It's just part of the process where there's absolutely no difference between trading a $3400 stock and a $34 stock. You just buy whatever you can afford. That's all there is to it. But there's a psychological difference. And what I've done for, I wonder if I can find the right apple, let's see, is it apple? Yeah, look, I've still got the notation in the chapter, every single bit of notation you ever see on my charts, this is now leg C in apple in the day, is my notation is not done automatically. Steve Rhodes has done a real nice job of getting the core of the chapter wave, but the subtleties is really what I've spent time on. I haven't really taken any time of programming for a long time. I might get into it very soon. I'm just trying to figure out a program that'll help me do it at the trade station. It's a little too complex. All these years I could have done it. I could have been an expert, probably. But anyway, what I was saying is that the notation, you see this 142 round number low? Well, that corresponds to pre-split for apple back in January of 2019. I've got it at 3550. Well, 142 was around number low. And I, not always, but I try to keep at least one of the charts a day, or weekly, usually it's the monthly, with all the notation from there. Look, I've got the whole thing here. I had this, you see this arch formation going from a lowercase h. Let me have it done this for a long time. In the chapter wave methodology, I look at basically three patterns within that there's a whole smorgasbord of other things that I look at. But basically what we're looking at is markets go either straight up or straight down, or a cup formation or an arch formation. The cup formation could be a V, but it's the same thing. You go from one point down back to that point. What happens at that left side high is really important. And on the way down, you can get an arch formation. That says what happens on the left side low after the rally is really important. You can get a combination of one and two and one and three, yes, one and three. Straight down, arch formation, you take out the left side low, it can go a lot lower. We've seen look right here on the apple chart, there's a perfect dreaded H, we call them the dreaded H in red, because if you take out the left side low, you can have even a one to one or more of an entire leg down, or the cup formation arch from the height of the low. Well, what's really important here is that not only have we got a pattern called the falling ax formation after the dreaded H failure pattern in apple, but now we've got a straight line move to the upside. So that means we might be having this formation where there's a much bigger arch and it starts to come down again. Oh, and this is really important. Oh, there's something else happening. And it is the chapter we falling ax formation just looks like a handle and the blade of the ax with the lower highs and much lower lows or an expanding, expanding cone formation. Maybe too much, too many words. And then it forms a base and then it breaks out. And what happens is it goes above the declining trend line and goes one to one in the same number of bars, the same angle, same degree of acceleration to test the left side high or important left side highs. In this case, the left side high in apple will be right here at about, a little slow, 177.18, we're at 175.32 right now, up 67 cents, fantastic earnings. So this falling ax breakout formation says there could be a one to one to the upside goes a little bit high to about the 177 you could test that left side high. A break above it says now you're looking at a V shape pattern. What is the V shape pattern? Why? It's this one here. It is the cup that is not just a cup but it's actually more like a straight line down. There it is. And a straight line up. So these are the patterns we look at but what I was saying is the notation, the reason why I'm absolutely fascinated because it's exactly what I wanted to talk about and a lot of questions coming in. Excuse me. What is this HM pattern that you're talking about in the Dow as a potential? Had a statement, it's not really a question. It's more a statement. Hi Basil, are you still considering this only a balance? What would make you consider this is a recovery to new highs rather than a balance? This is always the exact time where the men separate from the boys in the world of technical analysis. Okay, so let me just do this. I disagree with that statement completely because there is a process that goes on. There's no one, you couldn't find anyone who isn't trying to do an analysis and guessing together with the analysis whether or not we're done going down and then we're going to do a retest. So this lowercase H, you see what happens? You've got the H, it's like this pattern right here and then it forms another arch formation and that becomes a lowercase H going to a lowercase M. What happens each time if it takes out or doesn't take out that left side is always really important. And this is what I'm saying now. Separate the men from the boys. All right, let's just do this. I'm saying that in 2021 based on my analysis of the S and P, forget Apple for a moment, based on my analysis of the S and P, we should make higher highs. So I don't care whether it's separating anything. What I am saying is that I've got, this is a leg B. I'm suspecting that in February, we don't make a new high all of February, 48, 18.62. But we can ready towards it, but we can also come down and it's a real simple thing. In the chapter of methodology, obviously we go again, I haven't even finished my overview and I'm in the middle of like a Friday technical analysis. We try to identify the lowest low bar. From that, we can't eat successively higher peak and it doesn't matter how much you pull back from each peak as long as you don't take out the starting point. If you take out that starting point by one penny, you got to restart the count completely. That's number one. Number two is each higher high, it just says it's a higher high. You use other analyses to tell you where it's going. But a higher high means that if A is 20.00, pulls back and doesn't take out the starting point, say 15, and it then goes to 20.01, that starts leg B. Leg B contains the letter B, a floating letter until the base of peak, then it becomes a peak, one penny above peak B starts leg C. While I'm saying in a temporary buy signal to buy mode, you go to G's, you should still get a peak C and a BG, 20, 20, 20. 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. What's separating you from the most successful men and women on Wall Street? That's right, information. Having all the information gives us the perspective we need to place the right trades at the right time. The TAS Profile Scanner is the premier market profile based scanner powered by its acclaimed TAS proprietary algorithms. This feature rich scanner instantly filters over 2,500 plus global financial markets such as stocks, ETFs, commodities, futures and forex. This powerful suite of tools leverages instant trade filtering and strategy formulation to show you emerging trades before they happen.  Level the playing field with the TAS Profile Scanner which you can find under the services tab at TFNN.com. Sign up today. 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. Toll free at 1-877-927-6648 internationally at<PHONE_NUMBER>. Time went back down to 51.60 at this point. SMB's up 12. That's because of that overnight rally in Google and helping the general market. And now remember I was saying that in the S&P and the Chevron methodology, a buy signal upgrade to a buy mode which is in the monthly chart says that we should go to at least a peak C pullback and then go to at least a D. D is your objective. You can go higher. You can sort of brand new buy mode but D is the objective and that should be in the, I would suggest that in the first half of 2022, we get to at least a C and we attempt to get to a D. So that was the answer there in the big term. That's what I'm looking longer term. Now, how important is that fourth highest peak when you've upgraded from a buy signal to a buy mode? Here's the one minute ES mini up 18 at 4553. Look how important the different techniques that I've developed over the years and I know that many subscribers subscribe to. That's what they're using as well. Yes, your D, where is it at in the one minute chart right at the 200 period exponential moving average and it goes three times to that level, breaks out once for the leg D, turns into a peak D. Remember one penny or in this case quarter point below the previous high in the bar of leg D makes a peak D and pulls back where it pulls above the recent high of 4545. But wait a minute, we've got a peak C1, C2 back at about three AM this morning and then at four o'clock you start a brand new buy mode in the 10 minute chart and it takes all the way to eight o'clock to make a peak D at 4580 round number high right there. And that was at seven o'clock I think it was eight o'clock exactly eight o'clock pulls back very sharply and that's where the one minute comes in. So I'm alternating at a concord between a daily and a monthly just because the weekly would be the say the two or the five minute chart. So in the meantime back in the range I just wanted to show you that quickly. What's the genesis of the Chapman methodology? Now let's look at this leg to the upside in the S&P where it's up 18. You see the MACD has crossbows if that means a little histogram the vertical lines here have gone above the 0% line up 5.95. That's a good sign. And that says that I can now say that there's a buy signal in place. I'm close to getting a buy mode. I prefer that buy mode to actually come in when the S when the stochastic on the daily chart in this case because we're talking about a daily chart is up near the 68 73% level really close to 80% which I consider imperative for a buy mode to hold. And here's the Chapman wave falling exformation on the S&P. There it is. Make it as simple as possible. And it says over the coming three to four sessions there should be an attempt to get to this trend line at 46 15 where 45 61 46 15 that's 50 points that's 500 down points. I say attempt because we don't know. And if you're looking at the 120 minute chart look at this 120 minute chart is in let me open this up so that we can get the lowest level. Look, peak A peak B peak C pulls back peak D and this is like E and stops where I know this I just saw it for you like you for the very first time right here. Where is it stalling? It's stalling at peak A peak B peak C pulls back doesn't take out the left side low so C is still about it. This is all peak C underneath here and then it goes to D right there. It's almost like a chapwave instant restart because within two within three bars it makes a new recovery high but I'm going to call this E for now just to be as conservative as possible put in a little plus sign above it to say be careful right after 200 period moving average that's where we stalling and says you could have resistance here it could pull back or come back or go above but this level of 45 I'll give you the exact number right now 45, 67.75 that's your magnet right now in the SMP 120 minute chart let's see if we can do the same thing in the QQQ the QQQ is trading at 367.38 up $1.80 in leg B way under the 50 period moving average underneath the left side highs of 372.73 so this is stalling and now what do you get in the 120 minute chart? I don't have to think about whether this is a low it is a low I can put an up arrow immediately normally I put a plus sign and then upgrade that plus sign to an up arrow there we go A this is also an A underneath your objective in the chapwave is to count each higher high or lower low it's that's your objective and there we are B pulls back again that's an A that's an A right there and then once you take out that B you start leg C so here we are in C goes to a peak C and it's a leg D the resistance now is 374.17 and the QQQ at the 200 period moving average we're at 367, 7 points below that so this is where you start to see a little bit of that gesture phrase and not only that the stochastic is flat at 96% in the 120 minute chart that's exactly what you want in a buy mode and that's what you've got 90 is good, 9 is way above the 14 so so far the QQQs are having a decent rally there's something I'll talk about in a moment but I'm not going to do it right now you've got the IWM the Russell 2000 pulling back right at the 14 period moving average now sitting on the 9 this is really terrible action but the rectangle formation says that at some point the Russell 2000 IWM small caps should try for the 209 the bottom, the base of that very long rectangle that went forward it's going to be almost a year March of last year, March the 19th we go to 234 and then beginning of April we go all the way down to 208 so this is really saying stuck in a range I have got a peak D in the weekly chart with an HB equals C2D in the weekly chart technicals are very poor and the Russell 2000 monthly chart is trading at in the monthly chart you've got peak D this is the third month it's below the all-time high of 244 I think it was 244.46 the week of November the 8th and in the 120-minute chart you've got peak A this is almost turning into a Friday session with technical analysis I want you to do this because it's such an important phase we're at right at this very moment I got this here we go yeah I WMPD stalling out of peak D now I forget all that stuff let's just go to crude oil crude oil of course there's a whole bunch of discussion now the speaker's going to be opened a little bit I'd say that I thought they'd be getting very close to some kind of a pullback 87.86 down a whopping 34 cents wow that a recovery high way above the 85.65 continuous contract high of October 2018 we went all the way to today's high of 89.72 this is where I start to say now you've got to be a little careful you've got CVX the multinationals have been absolutely on a tear still as a broken above the 137 all-time high of less than a week ago Exxon had fantastic everything and it is trading now in a leg well that could be a G-Stash B recovery high yesterday and today it's at 79.47 just a bit of a pullback this is going to be an interesting thing if oil pulls back a little bit you've also got natural gas on the tear to the upside nice move up at 5.33 I'll be right back are you having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with become an apex creditor in the trading markets and join the Tiger's Den Trading Room only at TFNN.com the Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas join the den and surround yourself with the sharpest minds in the trading world subscribers to the Tiger's Den are also the first to have their questions answered live on air and can privately chat with our TFNN hosts live during their shows interact with other tigers and tigers as they share trading ideas news analysis and discuss the market action all trading day subscribe to the Tiger's Den risk-free with our 30-day money back guarantee and become part of the TFNN trading community TFNN educating investors you could be making money off the stock market and if you're already making money off the stock market you could be making a lot more check out TFNN and Tiger TV and get expert investing advice to give you the power to control your financial future go to TFNN.com and find the newsletter for you whether you're into trading gold, metals, futures, currencies or options you'll get advice and analysis to help you seriously get ahead TFNN also features trading services with a 30-day money back guarantee for new subscribers as well as TFNN's Tiger Den trading room trading software and educational webinars for all trading levels and make sure you check out Tiger TV for free on TFNN.com or TFNN's YouTube channel for live financial content from 8.30 a.m. to 4.00 p.m. eastern on market days stop watching on the sidelines while other people get rich and become the investor you were born to be TFNN educating investors TFNN is excited about our new software charting program the art of timing the trade charts in collaboration with Tom O'Brien and using his best-selling book the art of timing the trade your ultimate trading mastery system David White has programmed an outstanding piece of software that will complement any 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 guardleaf, ABCs, butterflies and much more the art of timing the trade charts is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find and right now we're offering licenses available at only $79 a month we are so confident that you're gonna love this new charting software that will even give you a 30-day unconditional money-back guarantee don't miss out on this incredible new piece of software get your copy of the art of timing the trade charts today by visiting TFNN.com this segment is brought to you by Think or Swim for more information just click the Think or Swim banner on the front page of TFNN.com Hey folks, bunch of questions let me just get to them right now so my answer to the question about the uh is this a balance yes I consider this a balance that has more upside potential but at the same time I think we're going to go to an arch formation pull back maybe halfway into the arch and then make a second arch for an M shape pattern and then comes the big test does it take out the left side low and I'm talking about the down for the moment or does it break to the upside and that really pertains to how this week's close unfolds so I have to do it as a process my bigger thinking is that regardless of what we do on the downside in February which I think is going to be a consolidation month starting March I think March we should start to move higher and then break to new highs that's the way I'm looking at it at least for now okay so a couple of questions have come in so but let me deal with it in a different way is is a GDS time to buy well I think GDX is is think of it more as a trading vehicle I think that a chunk of the downside just for now the short term has been down but he has this rising trend line the chivalry of inside track propellant zone it's working right now I would I would just say to you that gold this big move down from the 18 almost 1860 level on the continuous contract down to almost 1780 has done a chunk of of consolidating you saw that in many of the gold stocks now I think what we're looking at is that the trading range the bottom of the trading range is kind of being established just for the moment because 1780 is key support but now we can start moving up towards the 1820s maybe even the 1830s and then get stuck again that's kind of the way I'm looking at gold right now silver and gold at this moment is up 6 at 1807 continuous contract silver is up 0.06 at 22.65 it's not as not as good a pattern it's closer to the lower range I think it could be stuck with the testing of the 2022 2020s and a lot of resistance 2350s although for breaks about 2360 I would say that's actually very good action I just don't know if it's going to happen right now a dollar a dollar pullback everything about it I said from the moment it happened I said you know if you think about this looks like that is a peak D not a C and everything I do in the count says it is a C but pulling back a sharp as this says you know what you made a lower low than that former peak D way back in November of 2020 2021 at 96.94 yes you pulled back to the 94.60s going back to 97.44 with a new recovery high I have to call it a C and say it's going to be a mess but the weekly chart is in a D and the monthly chart is in a C so now I think the dollar is saying I'm stuck in a range 95.50 is going to be support 96.70 is going to be and 96.70 is going to be strong resistance let's go on to the TLT very important here TLT trading up finally up a dollar 14 and one sneeze I don't sneeze I don't think I remember sneezing during the day except in the show 142.86 142.86 is just above the 14 period thank you thank you just above the 14 period moving average we stuck in a range here at the TLT that's the same thing in yields yields are stuck in a range at the high end bonds in the low end you have the TLT at any point to the next from today Wednesday into next Wednesday a good part of February being covered suddenly starts to trade above 146.80 let's go with this 147 I don't get what the reason is if it starts to go above 147 that's going to be very important because two things are happening you see the XLF it's moving up it's made a nice leg B a great leg B because I haven't got a confirmation here with the stochastic at 45% this is just a bounce this is the S&P financials it should have been helped a lot more with the higher yields on the lower bonds it's helped but not much and here again I think my eye says that we are stuck in a trading range in the XLF so as long as we've got trading ranges without breaking the bottom in this case you'd have to go below 36 and you're at 39, 36 in the XLF that's going to be important here I'm covering it as part of yields now the next thing we've got to look at and this is going to be really important is within the context of the overall market so we've got Crudall saying yep we can have a bit of a digestive phase doesn't have to be a huge pullback let's face it having hit 89.72 in the continuous contract a pullback under the into the into the low 80s a 10% pullback it's gone from a low of 65 just on the 20th of January to 20 30 points almost a 30% gain this is huge I don't know why the media is not making a big deal about it it's not and this is this is both political and economic and pragmatic and it says we have cut our sources and resources towards having some independence Crudall now is in play it's in play for the rest of the year in fact probably for the next couple of years what can I say that's just the way it is let's go on okay cover all that now I need to do this had a question about CF CF is a stock that we've had the CF industry is holding companies hydrogen nitrogen products for clean energy fertilize the emissions of pavement I love the stock we were in it and we just got stopped out and I have not gotten back in we were in from in the 67s just under 68 and here it is at 73.53 and the question is it's in it's going to leg D in the week was that the question here CF industries yeah I think there was a question I answered was yesterday and I just I don't have it right in front of me but I've got this as most likely a leg B in the daily chart I like this so I would say lighten me up you did lighten up a little I wouldn't do any more lightening up I like the stock any pullback towards the 72s I'd put back the little bit that you lightened up only reason being even though the high was 74 77 back on the 28th of December and the high yesterday was 74.73 it's had four cents to go and it would have made a leg and a leg extension leg D I like this I think this is in the area that's favorable and on the short term that's what I would do it add a little bit looking out I don't disagree that there should be a pullback at some point with the whole energy sector XLE I don't think this is part of the XLE but look the XLE is also in leg C in the daily yep I could have an alternate count I don't want to get fussy and fancy I'm calling this a leg C a leg E in the weekly chart the XLE it's a leg D and it's probably making a Pd in the daily so yeah we could be near to some kind of a digestive phase but I have to tell you that energy sector so far it's acting really well 67.22 and the weekly chart stochastic flat at 89% 90 good the monthly chart flat 90% stochastic man I think this is in play so yeah we go that was the one question say CF next thing I want to do where did I go where did I go there we go can you please look at Facebook and Qualcomm Facebook I still call it Facebook even though it's supposed to be meta meta platforms in leg leg B great leg B because it's a magnet just turned positive stochastic is still weak at 46% it's gone above the temporary fully exhumation resistance it's stalled at the 200 and 50 period reading average is down it's up to me at three quick 2.28 so I'll read the question it's a good question I think a lot of people actually have the same question and at Qualcomm we'll do the two together as soon as I get back Qualcomm's having a beautiful search are you in the market for buying or selling real estate in the Bay Area including the surrounding St. Petersburg Tampa and Clearwater Markets Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay Area whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property Tiger Realty has the experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels from the price you should be paying per square foot in certain up and coming areas to the type of cash flow investment properties are capable of creating Tiger Real Estate can help you make the best decision when it comes to all areas of the market before you make one of the biggest decisions of your financial future call Tiger Real Estate LLC today at<PHONE_NUMBER> or email us at Tiger at TFNN.com that's<PHONE_NUMBER> call us today the technology around us is changing every day with so much happening it can seem impossible to keep up with all the information David White's 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 $37.50 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 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 three times 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 principle the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor foresight fund services LLC and once in a while for subscribers we'd have that and then I just decided you know for the for the split second of the earnings report I'm going to sacrifice or I'm going to make a ton why do it when he works so hard just looks like like gambling putting on red instead of black or whatever it is so I don't do that anymore so what I am going to say is this so the question is let me go back because a couple of questions almost the same question but with different stocks so now I've lost it oh no no no can you please look at Facebook and Qualcomm earnings are after hours and I want to know if you think the stocks have risen too far from the bottom to make the risk reward worth trying to put long trades on thanks Eddie so any what I'm going to say is this Qualcomm has had a fantastic gap up today it's up 7.74 at 184.90 I would rather look at Qualcomm as a design manufacturing semi semi is wireless communications I'd rather look at Qualcomm as a chart pattern and say it's going right back into the middle of its last trading range just a little bit above and I would put on rather wait a day or two if you miss it you miss it but you risk going in at 185 and to have it suddenly turned down and I'm not sure if it if the earnings are off the hours why is it gapping up like this wow those earnings off the hours are not quite what they want you can see this gap being filled why not wait a day or two if you're looking to put it on a longer-term trade I like Qualcomm's action I think it's very good the monthly chart is saying I'm stuck in the higher range I'm holding well I'm not breaking down it would have been if it was down seven points from yesterday's nice move into the 175 is six area and now it was down into the 165 I say I would wait completely but this is good action so why don't you wait for a pullback if it holds in the general market comes with the downs now up 22 off to being down 60 or something S&P's up 20 I like this I like the action that we're looking at right now so why don't you hold off a minute or the other thing to do is you could just nibble here at 185 nibbling says if it gaps up another 10 points it's part of the process now you have to add at least you're in it and if it gaps down it says all right now I can do my assessment personally I just hold off that's number one but amazon is a little different amazon says that this is part of the infrastructure of sales so I'm looking at the the fang type stocks so this one is a little different I think fang I think amazon is in a different place I think it's going to do a lot more testing of the 2800s will there be a stock split I suspect at some point 3000 I think this is the year I'm going to be the year of the stock split now Facebook is in a different area completely meta meta meta platforms it's at the 200 period moving average I actually don't care what the results are my I suggesting that Apple is going to be in a trading range between 340 and 300 for a little while longer so I don't think looking out that I would be wanting to get into Facebook at this particular point I'd much rather let this digester phase unfold and then look at it so I'm really not the person going to give you the right answer at this particular point because I'm saying I personally would hold off the moment but because of the earnings I think you just don't know what's going to happen how does the market respond one bad word all of a sudden comes down or or like a goog look at this goog where is it now is holding yep it's a up 181 it's given back from 3042 there's now it's it's 100 points below it's more than 100 points lower than the high of the day this is a difficult market to be doing anything but treat it as a bounce that's really important with some stocks showing that they're they're true colors right now and others saying well we we gave you a fake out and we're not going to continue doing that Tim wants to know about is that no Jane oh wait a minute hi Basil if you have a chance could you look at cdns cdns and yes in the target youtube i will i will look at sig in a moment cig so cdns is cadence design systems electrical systems and semis for end products you see this is the kind of pattern that says to me it needs a lot more work it's training at 151 um 0.06 i think there were earnings always earnings coming out but whatever it is there's made a peak e top in the week e the peak e in the monthly and i just think this i'm i'm beginning to think that the whole semiconductor area the digestive phase that i've been talking about is actually going to last a little longer so um this is in that kind of area so let's say the question is i am incensed yesterday i just want to know if i should get out now thank you i have oh you have options you know what i the way it's acting right now just down 15 cents take a little bit off your options just a little bit i i'm suspecting you have call options you didn't say long or short um i have it since yesterday if you have it in since yesterday i still don't know because it's kind of in the same range look let me just say i think there's a room for a cadence designed to move a little bit higher but i the 156 is the two-interpreter exponential moving average that was the gap down low a gap down become huge resistance i don't think it's today would have been the test and it's not gone above a 150 291 if it was at right now at 153 60s i say wow it's going to be a quick run to the 156 area at this point i think it's just stuck so take a little bit off and on the chart itself let me just do this for you because you're talking about options and you're talking about real quick trades let's go to cdns uh and look even in the um even in the 10-minute chart it's not giving any clues because it's stuck in a rectangle formation rectangle formation can last a lot longer than your patience how do you play this now because i can see you you either want to say it's going to break out one way or the other and then you'll hold it or if it's stuck in the range you're going to say oh it's just wasting money if it's just go sideways um yes i i i think i've got a sense now that i'm looking at i suspect the market's going to recover a little later today i think it's still going to be a digestive phase and it's tomorrow that you're going to see the bigger move if you are able to take a little bit off to make some money right now and then use that money for a break even trade i'm not sure whether you're long or short but i'm going to give you both sides of the story if cadence design is able a peak a peak b and a b under a cd that's already made a g in the 10-minute chart if cadence design is able and by one that's already too late no no that's fine by 125 this afternoon if cadence design has pushed above one the three 45 153 45 it's about a point and a half from here the long side is the way to be on the on the offense and i would hold it like a little bit off right now 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 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 and 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 are you looking for investment which pays you on a monthly basis the target first mortgage program may be the program for you the best rate on a five-year cd in the country right now according to bankrate.com is paying 1% per year or $1,000 per 100,000 invested the target first mortgage program pays 7% per year paid monthly on secured high value buildable properties in st petersburg florida the investment is for four years paying 7% per year or $7,000 per 100,000 invested your investment is secured by high value real estate in st petersburg florida your investment can be anywhere from 100,000 to 500,000 you want to make 1000 per year on 100,000 invested or 7,000 per year on a secured tiger first mortgage the tiger first mortgage program may be just the program for you the tiger first mortgage program pays 7% per year paid monthly for more information you can call<PHONE_NUMBER> that's<PHONE_NUMBER> this segment is brought to you by think or swim for more information just click the think or swim banner on the front page of tfnn.com i vote so um netflix question about net doesn't go down to the 427 it's a 436 level it could but the technicals are just starting to improve and it's starting to fill the gap that's really important with netflix i suspect by friday or monday it will be testing the 453 area somewhere somewhere like that uh luv question uh luv what was the question started position in luv um you know this is part of jets i would just give give it another day i'm just going to say this i'll spend time on the airlines tomorrow but at 4386 it's just kind of stuck in a range i don't know if this is the best one so let me just do a little bit more work on that i don't want to give you just a snapshot answer smh's smh's uh nick wants to know oops smh i think i did the smh didn't i do the smh maybe not the smh's let's do this real quickly yeah this is a nice move up in leg a i still think that overall the smh's are going to start to fail a little bit but absolutely 281 uh no i call it i'll do that tomorrow i can't do it now i don't have time to do an overview i did it yesterday so tomorrow i think the smh's have a little bit more to room to to run in then i think we're going to watch the stalling the cig is now if i can say the name cig is um uh komper and minas gerais seming something like that sorry i can't see it if i could see it made a pd and the question is uh what about it i'm just going to say um ccg to buy i like the action but i would call it it's a 2.50 i'd rather wait for 2.44 ask me again tomorrow if it's coming near the 2.44 area i think it has a chance oh that's a brazil telephone maybe maybe tomorrow yeah i'll do that tomorrow uh anything else that's just yeah i got a couple here this is the best oh we're out of time what was that yep i did that oh amazon amazon we're doing this coming out we won't just do amazon i think amazon should pop but i be real careful i think amazon's got a bit of a problem here on the top this is what uh gals out there you get to go this uh thank you for the venture as soon as i'm done


On our tour of the parts of Africa, Sudanese fear that conflict may act as a poison and deepen communal clashes. Khatam residents said fighting had claimed following a U.S. and Sudan broker ceasefire, although this increases faint hope in the embattled city, some in the area are afraid. According to some reporters, shappened communal tension have emerged in recent times. In some areas, fighting has sharpened into communal tensions after a report of civilian being armed in Darfur. In the sixth week of the war has witnessed a relative come which has taken hold on boats greater part of Khatam and in the Darfur region cities which have been among the other battle grounds. The battle has started since April the 15th which killed at least an estimated number 1000 peasants and sparked mass exodus and evacuation of foreigners. Over a million Sudanese fled their homes and now and internally seen as displaced across borders feeling concerns for regional stability. The week long trends aims to allow desperately needed humanitarian aid for civilians and restoration of essential services.


Greetings and may God's peace be with your spirit today. I'm Bishop Rubin Science Jr. assigned to serve the Central Texas and North Texas Conferences of the United Methodist Church. Today, United Methodist congregations around the globe are observing United Methodist Student Sunday. One of six special Sundays we recognize each year as a denomination. We unite on United Methodist Student Sunday to celebrate and financially support our college and university students to achieve their educational goals. John Wesley, the founder of the United Methodist movement, demonstrated his commitment to education by establishing schools throughout his ministry. For Wesley, education at its best was a lifelong process guided by the Holy Spirit towards personal and social holiness, and it was the best possible tool for evangelism for training and godliness and the betterment of society. Last year, United Methodist gave $224,000 on United Methodist Student Sunday, funding more than 70 scholarships. These offerings enable United Methodist students to pursue undergraduate, graduate and doctoral degrees, and every dollar, yes, every dollar 100% received through this special Sunday offering goes toward financially supporting the education of a new generation of principal Christian leaders. When we support our students on United Methodist Student Sunday, we are helping them as individuals, encouraging their education and investing in the future of our church and theirs and for the world. Our students are the next generation of leaders. Let's champion them by investing in them, their education and our future.


So I've been told that I can talk about whatever I want to talk about and Sorry that title is wrong. I'm actually going to talk about for the next three hours Uksura local residents patterns and latest developments in kinship theory Which is anthropological humor for you would be bored to death Which I hope I'm hoping I'm not going to be doing today, but I'm going to talk about something that's been on my mind for for a while now It's had moments of ups and downs and One of the latest provocations for it was I Dave gentlemen, and I went to a humanities conference last year and we got to meet a guy His name is Jordan Ellenberg, and he's a mathematician And he wrote this really interesting book called how not to be wrong The power of mathematical thinking and what he was talking about and then I went and picked up this book and read it really inspired me It's not the math that inspired me But it was the way he was trying to use mathematical thinking to address some pretty interesting everyday curiosities and mundane Things that we take for granted in everyday life like the fact that airplanes are Scheduled to be on time or to you know make up for the the lateness They are and he sort of goes through all these, you know Really interesting big conundrums that we're sort of wondering about like how do you win the lottery and he says well There's a logic to all this and so it really struck me that well If there's anybody who has anything interesting to say about everyday curiosities and the structures of everyday life It's got to be a cultural anthropologist And so I remember when I was reading this book I'd be walking my dog thinking to myself like oh, what's going to go into the book? I'm gonna write and so the book became at least what I was thinking of common sense is neither common nor sensical the power of anthropological thinking and so I've just appropriated his cover for my own purposes and but so I I Got ahead of myself. I really started thinking more deeply.  We're like, oh, it's gonna be this and then you start thinking about it like no It actually it can't be that it's got to be something else. And so What I'm gonna talk about is there's something else that might be evolving tentatively And so this is all a sort of process that's playing out and live live form for me and the everyday curiosity I want to talk about is the bicycle obviously and And and Noting that it's an interesting moment in world historical terms where you know the bicycle has enjoyed ups and downs as a style You know a fad, but it's not been a fad. It's been there all along for the past 120 years But we're at another moment where it's getting a lot of interesting attention By people who are quite serious about the the prospects that bicycles might have to address certain kinds of problems around the world and so So what I want to talk about is bicycles anthropology and common sense and how they might all fit together and so Let me say this that I when I was a graduate student at Princeton I was training to become and training in the branch of anthropology called the anthropology of knowledge and the anthropology of knowledge is is focused on cross-cultural aspects of Conception and meaning and the coherence and rationality of modes of thought especially in non-western cultures and their classificatory systems and how cognition works and then also how Scientific knowledge in Western settings is constructed in social and institutional contexts But I became an anthropologist of activism and social movements and mainly environmental movements and You know That's a potentially a big jump but for me there was a common thread which was that what I was really interested in is Applied and contested Epistemologies in other words trying to ethnographically track or study through fieldwork the ways in which cultural social and institutional conditions under which authoritative knowledge and ideas about nature are being constructed and deployed And how they thought those ideas about nature might be getting picked up or not within environmental movements and so one of the early questions of my work was you know, how is it that scientists and conservation experts who claim to know certain things about nature Ensure that their perspectives their wisdom their knowledge their insights are taken into account when people sit down and design and manage a conservation area or an environmental program and So over the course of a decade of ethnographic fieldwork on the environmental movement in Costa Rica what I found was an ongoing struggle for relevance that scientists often expressed that they their ideas their knowledge wasn't being taken into consideration and reliance less on technical knowledge and technical claims and often on some combination of social and institutional authority and privileges and a set of common-sense claims About the world. So for example, biodiversity is good Rain forests are important for the future of humanity these kinds of things which were quite distant from technical claims So that really struck me. So, you know, it's been said that anthropologists I know Rob would appreciate this that anthropologists are dealers and gossip rumor Urban legends and maybe even conspiracy theories But I also realized back then that we're first and foremost merchants in common-sense In other words what we often elicit What we often overhear what we often listen to when people are conversing is not a wholly systematized Knowledge system about the world But loosely organized and commonly shared accepted and accepted beliefs habitual judgments and Untought emotions that are typically rooted in practical concerns So what this actually means when you try and Mobilize that ethnographically that is to say actually study this thing in the messy world that is social life Is that the boundaries between what is knowledge if you imagine? That is some kind of epistemologically bounded arena of special and structured principles of and findings and Common sense or these ideas that and insights that are rooted in everyday life and social relations can get kind of blurry So this is the intellectual backdrop Against which about six years ago. I set out to study bicycles Which is not by any stretch a common-sensical thing for an anthropologist to do much less prestigious the first question I often got was why and Put simply I became very curious about the role of things not just knowledge in Social movements and the kinds of claims that can get made with things so the bicycle occupies a very interesting position right now in environmental thinking and And it's it's currently being a reimagined and appropriated by different actors as a vehicle for a small planet and With half the world now living in increasingly crowded cities the environmental social and political dimensions of a Simple issue of what you would think is a simple issue of how are people going to get around have become really acute problems and Bicycles are being taken quite seriously as a mode of green urban transportation and bike advocacy groups are popping up kind of all over the world Full of all kinds of green arguments, and so I thought well, I'm an anthropologist of green movements Let me figure out what's going on here But with my anthropologist of knowledge background Something struck me right away when I started looking at bicycles and especially in this country, but elsewhere Which is that when you start talking about bicycles? It's saturated by references to its relationship with common sense Or it's involved in a political push and pull where there are divergent notions of what is common sense Their intention with see with each other It says if there are certain things that are obvious self-evident and basically true about bicycles and getting around on them So for example, why do people ride? Well, you often get a version of this. It's simple common sense right How do people ride? Well, they ride safely because they're using their common sense Or they're being vigilant and using their common sense when they ride in traffic Or when they're riding on the road, they're using their common sense rules Or how about how we regulate bicycles not just how we use them? So this supervisor breed in Ohio and Idaho talks about the common sense law that exists there And that bikes should be folded into that because it's common sensical to not yield at stop signs Or that when we're debating over bike fines, we need to be using our common sense It also has something to do with the what or sorry the where riding a bike on the sidewalk makes sense Why the hate right? or a Biker against bike lanes a tale of bikes common sense It also has to do with the what of the bike We have all kinds of presuppositions about what a bike is supposed to be and anything that stands outside of it is Revolutionary so here's a bike that doesn't use any wheels or common sense and Finally all the the arguments that suggest that bicycling is not common sensical, right? So PGO or PGO Rourke used his platform of being a writer on the Wall Street Journal To analyze a cool and logical analysis of the bicycle menace And an examination of the actions necessary to license regulate or embollish entirely this dreadful peril on our roads So what gives I'm asking myself, you know What is it about the bicycle here? That it somehow seems to be associated with common sensical thought and action in certain circumstances and others It's not what is it about bicycles that they become the means to be to show your common sense or to Be written off as someone who has no common sense and what role does common sense as a special category of knowing and sensing? Play and using bicycles and in my interest promoting them politically So for the most part my research has been on this subject has been happening in cities here in Burlington Affair amount, but also in Bogota, Colombia and not coincidentally riding a bike in a city seems to run against the grain of common sense Especially here as I've been told on numerous occasions Riding a bike in the city is risky abnormal deviant and people who do it are crazy stupid and asking for trouble Common sense dictates that you should get yourself a car. You'll get there faster. You'll get there more safely and without undesirable exertion So how do we make sense of these kinds of arguments and what's the place of the bicycle within them? I think it I and I immediately turn Towards well, what is this common sense thing? What is this category that we're talking about and This is also not prestigious work among social scientists Who have tended to dedicate themselves to poking holes in common sense as if it's an obligatory act That common sense is neither common nor sensical is the position of the social sciences and no doubt in my mind I am an anthropologist of academic disciplines Is that there is a defensive act of self-definition going on here where we are demarcating our own domain of knowledge as special as privileged as rigorous and cons and common sense is our sort of unsystematic and flimsy other and I think the social sciences have been so concerned about not being viewed as merely exercises in common sense That they've done relatively a little analysis of it as a category That itself Exercises a powerful influence over and helps frame a number of social and political dynamics Which is kind of what I want to talk about today So what is this common sense? Well, the idea has shifted over time this according to the secret history of Oxford University in 1726 It's the ordinary ability to keep ourselves from being imposed upon by gross contradictions palpable inconsistencies and unmasked imposters these days, I think the idea of what It falls under this label has shifted and so we tend to think of it now as a faculty that helps people make elemental judgments and to develop discerning principles About everyday matters that are based on real-world experience and that there is no formal training necessary It can also refer to an idealized or sorry a relatively organized body of self-evident Conclusions that are drawn from that faculty and it's the truisms about which all sensible people agree It's it can be pretty banal stuff That's why it's not prestigious, right? You know fire burns leopards don't change their spots If Wolfgang meter we're here today He'd tell us that proverbs have a special place in common sense but what's interesting to me is that these things have real epistemic authority and They sometimes trump the authority of other powerful social factors Like history law custom faith logic and reason so as Sophia Rosenfeld the historians who's written a really interesting book on Common sense is a category of political thought in Western Europe argued what quickly becomes clear is that nothing about common sense is or has been exactly what it seems at first glance And she says it's because its tenets change over time and across cultures and Sort of her book explores how this has happened in European political thought But to explain why it's so dynamic shifting variable and relative We can turn to Clifford Gertz in whose lineage I'm trained as a cultural anthropologist who argued that common sense is not what the mind cleared of can't spontaneously apprehends It is what the man filled with presuppositions concludes In other words common spends common sense is constructed out of well-worn grooves of thought and action characteristic of particular times and places This is not at all news to anthropology One of the great anthropological brain teasers is this is some of the the issues that have come out of this book He Evan Pritchard Evans Pritchard's 1937 book witchcraft oracles and magic among the Azandei Where he refers to a boy who has stubbed his toe on a route or a man who had the misfortune To be sitting under a granary when it collapses The Zonday common wisdom says that it's witchcraft that caused these things to happen Nonsense according to Evans Pritchard It's that you weren't paying attention young boy, and it's old man those poles holding up that granary were eaten out by termites That's why these things happened Well, of course say the Zonday, but it's why it happened to me right if I hadn't been bewitched I would have seen that route or The granary would have fallen on somebody else So while early anthropologists of knowledge would have probably called this a primitive metaphysics That's not what we would how we would see it today Rather what's being expressed here is a view that's integrated into a set of explanation and truth claims that are on their face Commonly sensible and of course the Zonday are not intellectually deficient They do know stupid and incompetent things when they see them that are not stricken by witchcraft Albeit in culturally specific ways But it's when their normal explanations fail that they hold up witchcraft as the explanation So witchcraft is this all-purpose idea that's dependable and adequate It's empirically sufficient and it's tied to a moral system that seems quite natural and thus it's something to be dogmatic about Which is why Clifford Gertz observed that common sense is a cultural system It's an in-generate order. That's self-evident if it wasn't in generates to you It's a it's an in-generate order capable of being empirically uncovered and conceptually formulated So that's music to my ears as an anthropologist because it means we can do fieldwork on it, but he cautions don't look for consistency or a logical structure and Expected to vary wildly across cultures as well as within them since even within a single society There is not full consensus on what common sense might be So in thinking what this might have to do with bicycles I will perform the classic anthropological maneuver of displacement and take you to Bogota, Colombia An Andean city of eight and a half million people at 8,500 feet in the in the mountains That has become very closely identified with the bicycle during the past decade and a half In 2011 the BBC ran a well-known article call it designating Bogota a bicycle paradise Noting that Bogota has the hot the largest bicycle network in the Americas and one of the largest in the world It sponsors weekly Ciclovias or they shut down the streets 75 Miles of streets to invite people to come out on their bikes without automobile traffic And over 200 cities around the world have have been doing Ciclovias and Claim their inspiration comes from Bogota So Bogota has become a global reference point for cities that are interested in bringing bicycles into the the flow of city life and into the transportation system So I was there to empirically uncover as Gertz might say and Conceptually formulate the in-generate order in which bicycles in urban mobility Intersect and I have to say that my own common commonsensical notions of urban bike riding were immediately Relativized with this work there But let me first say that bicycles have an interesting cultural renaissance resonance in Colombia It's the second sort of sport soccer is the first Although the glories in international sport that Colombians have had have always been in cycling not in soccer To the disappointment of many millions of Colombians But there's still a sense that bicycling is a critical dimension of national identity And it's the fact is that even presidents will run campaigns on it This is Enrique Peñalosa who in 2014 ran what he called a bicycle campaign He said the bicycle is the only thing that will unite this fractious country and divided country So he used the bicycle symbolically to say it. It's what we all share in common Could you imagine George W. Bush running on that platform and it's also a particular kind of cultural critique in Colombia where One prominent public intellectual wrote this really interesting editorial called the revenge of the bicycles in the top newspaper in the country and it was his analysis of Colombian success in international bike racing and he says The reason for this success is that it is the only truly accessible and inclusive sport Because the roadways are free so anyone can do it no matter what social class they come from Most sports are very expensive because they require Access to a club to play them tennis soccer even And if you want to play on that nice field Right and that the victories of these cyclists are is a slap in the face of the elites of this country because most of them Pretty much all of them are people like Naito Quintana who is the comes from a peasant farming family the the sort of outcasts of Colombian society are the ones who become the great cyclists and he said There is a revenge against this that country's business community and elites who want to exclude the poor and would just as soon Ride over these people with their SUVs and tinted windows The other thing happening in Bogota is a really interesting transformation that play has played out in the past Decade two decades and so up until fairly recently Bogota was considered not least by its residents to be the worst city in the world with sky-high murder rates kidnappings uncontrolled violence Undirected urban development And a lot of it is rooted in what happened in 1948 which was called the Bogota so which was a series of riots when Presidential candidate on the left was assassinated and it sparked the Civil War that is still happening and it led to Days of rioting in the center of Bogota and the the rich decided that we've had enough We're decamping they loot they moved their part of the city They just left and they moved north of the city the city eventually has encompassed them But what it's resulted in is a divided city so that the rich and the poor live spatially segregated from each other You have millions of people pouring in as refugees from the violence of drug cartels of The Civil War in the countryside and no one's there to sort of organize or receive them Legendary traffic jams playing out for hours upon hours because only while only 20% of the people own cars They're wealthy and entitled and they'll just go wherever they want. They'll park on sidewalks. They'll sit in Intersections they'll run red lights so how you move around the city gets wrapped up in this sort of dystopic City that's being developed here and a rupture comes about in 1994 when a couple of new mayors come on the scene Dedicated these two guys in green dedicated to reinventing the city and building what they thought of as a new culture of urban citizenship and interestingly enough key to their vision was reinventing the transportation system in which bicycles would play a Protagonistic role in remaking this city not the only thing but a very important role and This brings on the scene one of my favorite all-time politicians in Latin American History Antonis mocus who has served as mayor of Bogota on multiple occasions and he sort of is the disrupter in all this and he's sort of a He likes to think about common sense and uncommon sense a lot and use it towards political Purposes and to generate social change So let me tell you just briefly who this guy is and I'm glad that President Sullivan is here because I want to see him Do this too so he was the president of the National University of Columbia and He was addressing several thousand students one day and they were yelling at him They were pissed off. They were like, you know the drug cartels the violence the corruption He could have given a word in Edgewhite so he turns around he drops his pants and he moons them Thousands of students he moons them So he gets fired But an interesting counter-discourse emerges, so I don't really want you to do that But an interesting counter-discourse emerges, which is that this is the last honest public figure left in Colombia, right?  I'll run for mayor and he's a philosophy professor That's important to know here. And so he runs on a studied considered Platform that's what is lacking in Bogota or certain common sensical Rules and norms about how to live in a city. This is why people are stacking up in traffic jams for hours This is why there's all kinds of violence and trash in the streets and so on people just don't they're refugees Most of these people from the countryside. They're traumatized. They don't have they don't have a sense of what it means to live in a city so He does some interesting and unusual things the first thing he does is he issues these sort of cards to different people in pedestrian drivers They're sort of like red cards and yellow and green cards for like soccer, right?  So people would pull you know pull in front of you and you're when you're walking the street You'd give them the red card people still remember this this happened about 10 years ago And then you know if things are going well give them the green card. Thank you appreciate it, right? It didn't change much, but I got people recognizing that there's a there's a certain set of rules and norms about living in the city and then he fired the traffic police and he's hired a bunch of mimes about 350 mimes to go out into intersections and And and and this was fascinating because this got traffic flowing again It was one of the most effective things to cut through People's notions and common sense of what is city how they should act in the city and reshape it because this was based on embarrassment and public shaming, right? So So based but here's mocus, right? He has these crazy ideas and he says bicycles Bicycles are based on dignified Transportation, it's the person doing things under their own power. That's a good thing It brings hope and and good health and it brings all these great things to cities Let's promote bicycles and so he Puts into motion the development of some pretty interesting bicycle programs and Expands that cyclo via Sundays open streets thing and he starts His planning department to plan This what's called the cyclo ruta or this sort of system of separated bike lanes and In the last and then this guy and Pena Losa was mayor after him He sort of continues this and then mocus becomes mayor again and he continues this so for up until the mid 2000s you have this tremendous transformation playing out where bikes are playing this really interesting role So we're you know ten years later. I'm down there doing fieldwork. I'm trying to try to figure out Well, what's happening? What's going on? What's how has this changed and there's definitely an urban bicycle culture that has developed And it even has developed its own common sense or a set of truisms rooted in practical experience And so one of my first ethnographic introductions to this Don't tell risk management because I was on UVM time is that I rode with two of the city's Prominent young bicycle activists. I'm just kidding. You're supposed to do participant observation, right? So I'm participating. I'm riding with people I'm riding with a couple of activists to a meetup of other activists. We're riding about 60 city blocks Which is you know ten eight miles or something? and You know for much of the ride we're like this where I in fact I shot this image right here We're riding in the street Even though there's a secret route right next to us. That's quite inviting I'm thinking to myself like oh, that's a nice like I don't get those things at home I want to write on that instead. We're riding in traffic, which is what I kind of do here and we're riding along and I Asked this woman who's a very prominent bike activist. I said well, so what what's going on here? Why aren't we on there? She says look when you've mastered the road the Ciclo Ruta shows itself to be slow and inconvenient There's too many people walking on it. There's too many interruptions with cross streets Now not five minutes after she says this We're riding fast and she swerves right onto the Ciclo Ruta I'm like oh my god. We should go over the Ciclo Ruta. She just told me not to go on the Ciclo Ruta So she swerves onto the Ciclo Ruta and there's some pedestrians there And so she turns to me before we get to them and she says this is our space They have there, you know, they have their own space It's to the side and if we don't protect this space, we won't get it We these people have to learn we got to teach them so most serious urban cyclists have Whistles hanging from their helmets really sharp whistles and she gets the whistle and she starts blowing at these pedestrians And they're like oh geez and so they get out of the way And we speed along and then immediately the next block. We're back onto the road. So This was interesting to me not least that unfamiliar communication style of using a whistle to communicate what your plans are I could imagine that could lead to some troubles here You know the ephemeral tensions between pedestrians and bike users There's a kind of creative and informal choreography of getting around the city going on here You know, there's a situational involvement with the Ciclo Ruta's and so on And it got me thinking about what this Argentine anthropologist named Pablo Wright calls Conducta there's a culture of conducta vial or sort of traffic traffic behavior that's rooted in these sort of informal norms and codes and practices that exist outside of and in fact are often Opposed to formal law formal traffic law that are highly specific to particular countries and cities and neighborhoods and that's Another term for that might be what's the common sense of getting around in that city? so I kind of set myself up to look into this and so I did a lot of interviews with different bike riders and bike activists and And those those I wrote a blog It was very widely followed and I think about I think all five of the people who followed it were here today and and I wrote about this sort of one of the things I'm learning about what it means to ride a bike in the city and There's all kinds of interesting sort of you know This is common sense a loosely organized set of principles and knowledge and so, you know have no fear Although the city itself is chaotic dangerous and fear fearsome bicycles or hairs cars or tortoises riding is liberating and creative They see it. You know, that's what that was all about moving here and there, right?  These are all these sort of principles that I came across and they all have the hallmarks of common sense There's a naturalness to them. There's a practicalness. There's a literalness. There's a non methodical Shamelessly ad hoc dimension of this one time, you know, I ran across this quotation from Emerson recently I thought man this cat captures The dynamic in Bogota really nicely a foolish consistency is the hobgoblin of little minds or Weak writers, right, but one quickly realizes that this loose set of truisms is not universalizable even within Bogota This is an elite version. This is a version. I got from middle-class upper middle-class people with style themselves to be urban cyclists There's a whole non-elite sort of intelligentsia vial or traffic intelligence is what they call it there That differs in substantial respects, but it also is presented as a body of common wisdom about how to get around Bicycles are symbols of poverty humility and struggle Liberation lies with motorcycles And it doesn't lie with you using creative space using space creatively Riding is a highly individual act But you could you should ride in loosely organized groups because it will reduce street threats It's a dangerous city, right? So, you know, you've got to watch out. You should downplay your Visibility don't bring attention to yourself. God forbid you should have a whistle with you The police will see you the police will hear you the criminals will hear you You ride only during limited times when others are commuting, right? There's between 5 and 7 p.m. And between, you know, 6 a.m. And 8 a.m. Don't ride outside of those times That's when the criminals are out trust your premonitions. I heard a lot of that, you know You've got a spidey sense. They don't use that expression, but they talk about this you have premonitions You have fears you need to take those things seriously bike lanes and other struck other infrastructure can aid you But they can also inhibit and threaten you So to me this is implicitly fascinating stuff I've ride a bike obviously and I love this kind of thing But you know on some level it I there's a part of me that says this is kind of butterfly collecting You know when you study something like common sense You kind of it can lead to this you compile lists of what that common sense is you kind of Put it in different categories and so on and there's something in my training that I think a lot of anthropologists trained since the 1970s Sort of you know, you're worried about which is that you're that you know, if you're told that you're butterfly collecting it's sort of like a somewhat grave accusation accusing your analytical metal and Your your variability to think anthropologically So the bigger issue is well, so what yeah, okay other tribes other scribes Yeah, we know that already common sense differs show me what it actually means so This is where I want to think about that so on one level the analytical significance of something like this is That common sense is not simply intellectual territory It's embodied and it's mediated by certain kinds of grounded dynamics and Material conditions so when it what when writers that I would be interviewing Invoke fear premonition chaos stress feelings of being threatened or Contentment pleasure and other real positive feelings. They often tied it to very specific geographies and spaces neighborhoods and alleys and certain types of infrastructure Bridges tunnels bike lanes that can produce Some very palpable sensations for them So the emphasis here is on sense literally the sensual in how we might approach common sense This has been radically underappreciated it when social scientists approach something like common sense Because they imagine right off the bat a body of notions instead of embodied notions On another level the question for me is what kind of social and political authority Does that kind of common sense carry and what ways? Does common sense contribute to the shape of bike advocacy and bike politics as I was finding in Environmental activism in Costa Rica and this for me is where the story can get quite interesting and I'm still putting the pieces together What's happening around bicycles in Bogota is not happening in isolation It's being shaped by and has contributed to Some globally circulating ideas about how you make a good city by reinventing transportation structures and developing new policies to move people around And there's a transnational flow of policy knowledge and exchange that's been increasing in scale and speed and What's happened in Bogota is in part inspired by things going on elsewhere places like Curitiba in Brazil or Barcelona in Spain and Bogota itself has now been picked up in this flowing set of ideas and common-sensical ideas about how to Make cities better What this means for Bogota According to someone I spent a lot of time listening to who works in the mayor's office is that it receives in any given week One or two official delegations from another city around the world Who are there to inquire into how did Bogota do it? How did they integrate bicycles into its transportation system and what's interesting is that you have in Planning conferences international planning discourse people like Antony Smokas show up and give talks and other city officials from Bogota Participate they publish things they talk at these conferences. They share what happened What's interesting is there's a new kind of common sense being constructed and circulated in those circuits about the story of bicycling in Bogota and that body of common sense that's emerging says that Bogota is a model of International best practice of how to integrate bicycles into the transportation mix Because it's prioritized a number of common-sense initiatives that get people biking One is that it supports its sequel via this open streets on Sundays And the second is that it's pursuing an infrastructure-centric approach to bike Transportation it's building an extensive bike network putting in bike lanes cycle tracks the sequel Ruta and Creating or encouraging the creation of bike parking infrastructure So but what I find fascinating here is that when stripped of context this particular set of common-sense beliefs and principles Allides a few dynamics One of these is that there's a set of specific contingent some might even say accidental and Unintended dynamics of power governance and legitimacy That in Bogota that shaped the very conditions of possibility for imagining bikes on the streets They had a lot to do with constitutional reforms including one that Guaranteed people the right to a healthy life. They had to do with highly centralized mayoral bureaucracies acting in top-down almost Totalitarian fashion to put these things into place a Couple of charismatic mayors showed up on the scene who were able to shift the narrative about the city And bring international attention and foreign investment to it The other is that all of this swirls in this sort of International story that says if a dystopic third-world city can do these things if it can pull it off What about a gleaming first-world city? We could do it too. We're even better. We have more money We have more smarts. We have all the technical wisdom and so on and it's rooted in a very interesting Bit of common sense that I'm sure you're all familiar with Build it and they will come Right, this is the somewhat crazed Iowa farmer who builds a baseball field in order to attract the ghosts of former, you know dead baseball players if you build bike lanes if you put in Infrastructure if you build sequel root does if you make transformations to the built environment it will bring cyclists out it will encourage them to get on their bikes and change the transportation mix and It's true. There's no doubt that if you put in certain kinds of transportation infrastructure You for example build roads they get filled with cars, right in Bogota they built a bus rapid transit system that's stressed to the max too many people want to use it But when it comes to bikes, there's an interesting exception here Bogota's results are quite ambiguous The rates of cycling in Bogota really remain quite low about 600 trips 600,000 trips a day, which is about 2% of overall trips and when you look at this infrastructure that Tens of millions of dollars were spent for Only about a third of those 600,000 200,000 or so actually use it on any given day So the story of Bogota is that they built it, but the people didn't really come And so there's a hole in there that triumphalist narrative somewhere. So why this is one of the questions I've been asking myself and I at one level the answer is always complicated by particularities of local history Legacies of urban planning dynamics of social marginality that have played out in Bogota And as a lot of Bogotano seem to believe as I've heard on multiple occasions You can't build your way out of social dysfunction in a city But on another it's useful to recognize that build it and they will come is kind of like our version of Zande witchcraft It's a theory of causation that seems commonsensical It's a version of Technological determinism and ability to make clear predictions Through the instability and situational character of human thought and action It's an all-purpose idea that is dependable adequate empirically sufficient Something we can even be dogmatic about even if on closer examination. It doesn't really hold up to scrutiny So my own conclusion about all this remains decidedly uncommon sensical That cycling in a city certainly is sensitive to things like spatial form in the built environment But it's also sensitive to the political economic and social hierarchies that are built into transportation systems and transportation funding It's Related to the cultural preseptions and ideologies that people have about urban space And the embodied and performative demands and experiences and informal rules involved in the movement itself And so returning to the purpose of this talk I think instead of sort of taking the high ground And saying all of this common sense as it relates to bicycles is neither common nor sensical Which is in an odd way an expression of common sense among academics Especially social scientists. Let us instead recognize that this category of knowing As wily and as unstable as it may be Still carries tremendous epistemic authority that shapes and drives matters of real importance in our world That common sense is may not be reasonable or methodical or systematic is not really the point The point if there is one Is that it is one of the privileged means by which groups of people can come to a more or less consensual Albeit temporary practical agreement about the world they share To me the question is not How and why when we think we know better does it stick around so doggedly? But where do those presuppositions that relies on and feed into it actually come from? Thank you very much