Hello, traders at CMC Markets. Welcome to another update. I'm preparing this early in the morning of September 1st, non-farm payroll day. My name is Trevor Neal. I am a research director at RRG Research and I'm presenting to you from London. In front of this important data release we're going to do analysis on foreign exchange, major pairs and also we're going to follow through on the DAX and the FTSE, two things that we have favoured in recent days. A quick glance at the daily relative rotation graph and we continue to see the outstanding feature which is that the NASDAQ is the only one moving in the north-eastly direction so improving JDK-RS ratio and improving momentum, relative momentum. So this is pointing upwards and heading north-eastly in the leading quadrant. Just in the leading quadrant are the S&P, very static so still right of the 100 levels so on a ratio basis outperforming the MSCI World Index. All of the European indices except for the FTSE are in the weakening quadrant and heading in a south-westly direction looking like on a relative basis weakening further and then the FTSE is still and now looking rather sick here. The Russell 2000 and looking extremely ill is the Heng Singh. But here's the Dow down here also heading into the lagging quadrant quite purposefully in that direction. So the message from this is that from not from a short-term trading perspective but the trend for the short-term trader is that the only game in town on the upside is the NASDAQ. On the downside we've got the FTSE, we've got the the Dow now and all the European indices are weak and the S&P itself is fairly statically quite good if you like against the MSCI World Index but really for directional with a long tail it's the NASDAQ. Now NASDAQ has had a good run-up since the 18th of the 18th one big 50% pullback on the 24th and then back up again and move you up strongly. Some signs of nerves at the end of Thursday awaiting the non-farm payroll data and probably until the data comes out we will pause around here at the resistance of the 4th of August at 15,500 big just a round number. So it's come to a kind of a halt there. The next resistance above if it were to break up is 15,788. Now a word about the non-farm payroll. Of course we can only guess at the number. There's almost always high volatility around the number. There are always expectations clearly with the action nor the indices. The expectations are that the number is going to be good and so anything less than good is going to be disappointing for the market. Adding to volatility is the economist's ability to forecast incorrectly fairly consistently incorrectly the not these significant data GDP non-farm payroll etc. So that adds to volatility because often the expectations to the market are wrong-sided for it. So I'm not going to guess on that today but so what's can happen? Well we've come come to a bit of a halt here but I think that's only because now we must wait to find out. If the if the market breaks the high it probably will do it with great velocity and then the next resistance and it is fair resistance will be at 15,800. We can see that beyond that we've got another high up here at 15,940. So that would be the next if we break that. That's quite tough that one. This is not tough this one. The if it turns down and the trigger could be a break of this 15,450 level then I think we can come back down to find one of these support levels. The first one we come to is 15,300 and that's not very strong. The as I call it the Nvidia high here at 15,270. That's also not that strong. Stronger I think support would be 15,200 down in here. Now the indicators of turn down this is the MACD has turned down on this pause. The RSI the next most sensitive has definitely turned down and this low stochastic is is going down from a high reading. So were it not for the fact that we had data coming out I think this would be quite a good sell set up for break of this low protecting yourself above this high at 15,590 and then looking for one of these we could these support levels to hold most likely it would be this one here at 15,200. Quite good risk of war ratio on that but do you want to go against the trend of the strongest index out there just in front of non farm payroll as up to you and how dangerously you want to live. Very similar picture here on the S&P. We've stalled with ease back a bit waiting for the release of the data. We've done it at a fairly obvious point 4,500 in that round number there and that high also above us we've got a small amount of resistance at 15,540 but if we were to break up if the news is better than expected a 4,600 would be the next level that we should manage to get through to. So breaking of this high will be the signal that we're on our way up. Don't forget the position of the of the S&P in the RRG graph quite close to the MSCI World benchmark that we've been using not really moving so holding steady on a relative basis but not showing increasing momentum and ratio like the NASDAQ so not as good looking from an intermediate term point of view but still you know again from the 18th it has progressed a long way expectations are good for this data. We have turned over you see the MACD has crossed down the RSI plunging through 50 and the stochastic is deep here so we're a lot more progressed in the fall than we were on the NASDAQ. Again this if you were if it wasn't for the data release being imminent I would say that this would be quite a good thing to have got to get short of below particularly on the break of 4,500 you've got the obvious protection here you've got weak support here but you've got strong support here 4,450 so if it gives way or if the market disappoints that's how I think it's going to evolve but clearly for break this high that's not happening and we're on our way up to 4,600. The Dow Jones industrial average is you'll remember moving quite purposely through the weakening quadrant towards the lagging quadrant and this has not got the big jump from the 18th that we had in the other markets it has struggled it is really very reluctant participation in steadiness. We've got resistance 35 and 72 the big resistance though are these two or you might say three tops at 35,620. There is good support here at 34,500 and then support here 34,068 and strong support from consolidation here at 33,500. The MACD in this case is moving up on the hourly chart the RSI has just dropped down with this last sell-off last night in the market and then we just hooked over with a new fresh sell signal in the stochastic on that last hour. So I mean it is a weak index it has turned down again if it wasn't for this data release you could probably get your now and protect yourself above the high here at 35,090 but the potential on the downside is somewhat limited I don't think it's a worth doing as a trade if the risk the reward is not great enough for the risk you have to take on it particularly given the moment that we're in but if let's say after the data is released we do come down and come down rather mildly to this quite strong support here 34,500 and it holds there I think there's back bounce potential in this despite its position in RRG. Now last night the FTSE dumped in the last couple of hours fell down very hard indeed crossing over the MACD and so here we have quite a toppy formation and potentially a significant break in front of this non-farm payroll data so any downward move here any weakness this morning follow through is actually we should follow through downwards 7,436 is the is the breakpoint support comes in it starts to come in 7,388 but it's not that strong and the big support is from this one to three lows here at 7,220 there's a it's vulnerable to falling a lot this if it follows through if we break up through 7,510 we've broken through this little topping area and the turning point in the MACD but there's considerable resistance up there extending all the way up to 7,600 it's got layers of resistance there's another resistance as well so I think that this is going to resolve itself on the downside it's vulnerable to quite a sharp fall of course the it will be waiting for the non-farm payroll this morning it probably won't do anything or be aware of treachery you know fall here on low volume you know before the number but if after the number and sort out we're starting to go down this part here particularly could be quite quick and then really the strong support is right down here and we've got a clear place to place a stop above this high here the dax is a very interesting point technically it's come up strongly like the other indices except for the footsie and the Dow since the 18th up to this resistance level at 16,060 and on the last couple of hours of last night dumped it's also approaching this gap here to fill the gap we need to go to 16,200 and then the next level is the highs here at 16,511 support wise we've got minor support right where we are now we got further support at 15,888 and then strong support at 15,800 so we've got a strong move up here we've got a crossover of the MACD but it is still rising the MACD so this could be merely an interruption in an uptrend the RSI shows a big correction we've come down to below 50 so whatever excesses of overbought we've had has been unwound and here the so stochastic gave us a sell right at the high here and it's still in progress so I think that it's quite likely that the the footsie is going to the dax is going to regain its composure maybe around where we are or 15,800 and then break through this high here at 16,060 and push on forward and continue this uptrend here if if there is no rally so if it doesn't hold keeps on drifting particularly if it gets through this area here at 15,800 then I think that the the market has turned and this longer term indicator is correct and it's more than reaction and it is a reversal but it's very well supported here and I don't think it's worth really selling this given the amount of support close by below but if we do reverse this short-term pullback and then start to move up and break the high here then I think we've got a quite a good run up ahead of us there so watch for a turn in the dax like starting with the Euro the Euro sunk hard down to support at 10840 10836 high high low low here and it's holding overnight it's been good enough holding to reverse the MACD into a buy message the RSI has already come up strongly it's at 50 now and the stochastic after bullish divergences has pushed head strongly and isn't in the process of having you long of the market so that we've got the opportunity to structure a trade here as which could do service well given that we're waiting for impending data just before we start that there's one thing I want to point out is that this long move here downwards let me just show you here that we had in the in the Euro ended with a reverse head and shoulders so here low low low low low low low low two heads here higher low neckline breakout impulsive breakout from the neckline measure from the head to the neckline neckline split take it up and that takes us to 10930 which is where we got to so it's complete that pattern so going back to the present short term present and let us say that we are in the turning the pausing point if we break these highs here 10855 let's say 65 for safety I think that we're going to go further up and to the strong resistance which is at 10930 so that's a good minimum price objective we've got an obvious place to protect ourselves below this level here these two highs and these two lows here at 10836 and so 108 let us say 28 would be a logical place to place the order if it breaks that level I want to be short and I think the potential is more on the upside but it would fall from there I would suggest and then likely find minor support here and is minor support at 10780 but stronger support at 10766 the better trade is likely to be if we do break up and we break down but we're in a little pausing action here breaking up from the pause should infer a good move up breaking down from the pause should meet infer a move down but through a program of support so some one of those is going to happen today that is for sure and I think that we're in for a good move up or down in this but we've got our levels and that's the advantage of course of technical analysis now cable this is a bringing a bit of data here I'll stretch it out in a moment cable has got two consolidations a big consolidation above which it punched into got to the middle of and was rejected and then it's got a support consolidation below and we're right sitting on it now so bear that in mind for context looking more closely remember this is a punching into an area of resistance it's going to be hard to go up it is however come down to the support generated by this high this high small consolidation this low and there so that's a good size of all support level so that's a good place to initiate a trade or exit a trade on the break of that level if we said if we steady up through the one one point two nine oh level here then I think we could push to one two seven twenty to one two seven forty five area but it's going to be slow and hard to do these the resistance is much stronger than the support on the support side if we were to break down from it then we've got support at one twenty six twenty and really strong support around this one twenty five sixty level here so that's about as far as you could hope to get for it but you you are selling into support if you buy you're buying into substantial resistance if strong resistance if you sell you're selling into support it's not a great trade it's not a breakout trade it's not like neither of them are likely to have a velocity to them then finally the Australian dollar here it is in the big picture here and we've got the resistance at sixty four forty eight and this is of course dollar at the Australian versus dollar versus the dollar we've got significant resistance on these two tops here at sixty five nineteen it's quite well supported here at sixty four fifty nine and then other support levels and the consolidation down in here the sort of intermediate term trend is mildly upwards at the moment now it is in a tight range at the moment the bottom of the range is is around sixty four sixty top of the range maybe a bit higher that's comes from that previous high there I would put it at sixty four ninety six sixty five level there so we're ranging in there breakout of a range particularly an extended range like this one normally in initiates good trades but we see that it's really churning around a lot I think that the the upside if we break up it's quite limited up to the strong resistance at sixty five twenty if we break down we come down into sport there's more downside than upside for this sixty four the round number would be a target so I would of the two I prefer the breakdown I would let the the all of these lows give way before getting in and saying this range is broken because we have had spikes before and then if that does happen I'll be looking for for this sixty four low and using this consolidation as a protection but the consolidation is wide enough to make the trade not that attractive from a risk reward perspective I think the probability is quite high but the risk reward is quite limited and so it's not my favorite trade I thank you very very much everybody I wish you the best today with non-farm payroll so you will probably almost certainly get a volatility as a result I hope this is fine you find this helpful in preparation for that wish you a great day and from Trevor Neal here in London at ROG Research may the trend be with you goodbye


Hi everyone, Joe for jazby's casebrates.com coming at you with 2021 upper-deck skybox metal universe Champions one box random letter break number eight. We're going by the first letter of their first name Also, if you're one of the first ten to buy spots, you got a chance at extra spots big. Thanks to this group for making that happen So let's copy those ten names and let's see top two after Three and a one four times extra spots one Two three and a one fourth and final time We got Steve and hot extra spots for you. Thanks for being early birds Now a different dice roll for the break itself There you go. There are the letters right there plus the combos. Let's put your names in here And let's roll it and randomize it five and a six eleven times for names and letters one two three four and eleven Han down a Han and then the letters 11 times one two three four All right Han with C and T Steve with Z Han with B Ryan KN Jonathan D Han P Sean EG peg right there Steve with J Sean with W Han with S Jeremy with a Han with L Logan H V Steve R Han M Let's order these alphabetically Now I don't think We'll keep the video running right now But there haven't really been any trades for these letters So we'll keep the video running Any trade ladies and gentlemen speak now or forever hold your peace Now I've got the box right here remember we mark that eight last box of that Intercase so the next break is from a fresh intercase and The next break is not part of the promo. This is though. I think that the eight was the last one Skybox wise No trade window going once Trade window going twice TWC trade window close. Let's print and rip I'm 90-yard interception return for TD longest go-ahead fourth-quarter TD by rookie Jalen Watson with the Chiefs Chiefs are two and oh have a couple extra days off chargers fall drop to one and one a couple days off All right. Good luck everybody All card ship of course We've got a Naomi Osaka a cut above die cut These are pretty cool. He's the only second one I've seen out of this intercase I don't know how super common they are but Naomi and Ryan Let's hope she can get back to some of her winning ways to this championship galaxy Jalen Johnson's Think I've seen any of these yet. That looks really cool, too Jay Steve Herrick Steve H nice MJ. No Molly McGrath will go to M Not the non-sport spot the non-sport spot is if they if there was like you know sometimes We've seen in previous upper decks that sometimes they'll put it like You know a dinosaur or like a foot, you know, I don't know. They'll do something. They'll do something wacky a bird That's what that means Sabrina I and sq. That's for Han and s I know PMG card here, but a lot of nice a lot of fun stuff going your way and you're part of the promo I'm Joe for jazby's case rakes comm. I'll see you next time for the next one


As part of observing World Suicide Prevention Day on September 10, the Ministry of Health hosted a suicide awareness symposium at the St. Lucia National Mental Wellness Centre. The symposium provided an opportunity for mental health professionals to share ideas and knowledge to help achieve the goal of preventing suicidal behaviour. Principal nursing officer Glenda Sepal says everyone can make a difference to assist others who have reached the point of wanting to end their lives. Preventing suicide is often possible and you are a key player in its prevention. You can make a difference as a member of society, as a child, as a parent, as a friend, as a colleague or as a neighbour. You can raise awareness about the issue, educate yourself and others about the causes of suicide and warning signs for suicide. Show compassion and care for those who are in distress in your community. Question the stigma associated with suicide. Suicidal behaviour and mental health problems and share your own experiences. Sepal also called for the collaborative efforts of every one of us to prevent suicide. We must endeavor to develop evidence-based suicide prevention activities that reach those who are struggling in every part of the world. Joining together is critical in preventing suicide. Preventing suicide requires the efforts of many. It takes family, friends, co-workers, community members, educators, religious leaders, health care professionals, political officials and governments. Suicide prevention requires integrative strategies that encompass work at the individual, systems and community level. World Suicide Prevention Day is observed under the theme, working together to prevent suicide. Reporting from the Communications Unit of the Ministry of Health and Wellness, I am Fennel Neptune.


by quarters two and three of next year. You know, and there may be even a possibility where we would need more of a rail spur at the facility. So great things going on with the commission. I appreciate it. Keep your support please for where, what built the track and that's industry and it's needed Watsonville needs it and the whole state needs it, we need more industry.  And we're here to bridge that gap. We're here now, it's very good for health. Mr. Wilson, I think you've broken up again. And we are, your time is running short. I think you made as many points when you were listening. Yeah, I think you did. So I, we're gonna move on and Sean, you are up. Thank you. I'm wondering if the commission remembers the vision Santa Cruz County meetings. Staff was chosen and chosen and paid for training. There were months of meetings all across the county and in every single one of the vision Santa Cruz County meetings, transportation was the top priority. Even when people working together in workshops at the meetings were asked to think outside the box and aside, you know, something other than the trafficking congestion and pollution. Traffic was then noted as the top negative trend in the county. Transportation was a higher concern to county residents in crime, housing, illegal drug use, homelessness, accessibility, educational opportunities, employment opportunities, support for farmworking families and those working in tourism. Pick one, Davenport, I think, I think one train every 50 minutes or 60 minutes would do fine for them because their concerns are infrastructure and support for local businesses. They feel cut off from the rest of North County and rail was brought up specifically in these meetings. And along with protected bike lanes and responsibility and protection of the coastal lands, they're looking for their area to be cared for by the county and to have the infrastructure for tourism and to protect their local businesses. Those are their top concerns in those meetings. Okay, thank you. With that, it looks like we have completed public comment for attendees who were wishing to speak. And so we'll bring it back to the commission for comments and discussion and not deliberation and action as I was reminded. Commissioner McPherson, you're up first. Oh, yeah, thank you. And I appreciate all the comments. And I want to thank TIGM and Warren Camp for coming up with both with proactive proposals. I wrote the light rail demonstration. It was quiet and it was pleasant. And a great deal of thanks to the RTC staff for both this proposal and the private proposal on the partnership. I think the staff report reflects relevant issues associated with moving forward. And I know we're not taking any kind of action today, but with a private public partnership, when it becomes financially feasible, and I want to reiterate, I'm going to focus on finances. I'm highly supportive and always have been of making sure we preserve the option of implementing passenger rail. But we also need to ensure that the freight service through Wattsville remains viable to serve the businesses that depend on it so greatly. And of course, Warren Camp needs the access to the publicly owned rail corridor for its excursion passenger rail service. But the bottom line is we are limited to move forward with passenger rail unless it makes financial sense. And that includes the service proposed in this new pitch from TIGM and its partners. We gotta realize we don't have 50 to $65 million to repair the existing damage on the line that would be required for any kind of service to be implemented of any sort. And funding for passenger rail from federal and state resources requires a match of anywhere from 25 to 50%. And of an estimated $470 million, the TCAA estimated that would be required to build rail service and we don't have that either. So unless we're really able or willing to divert a large percentage of our discussion or discretionary funds going to other transportation services outside of bike and pedestrian or bus and automobile or we pass another ballot measure, we really don't have the local funds needed to move forward at this time. I think everybody agrees with that. And when we passed the voters pass measure D they specified where the money would go and 8% of it was approved to repair and maintain the rail line, which amounts to less than $2 million a year, 1.6. That's not nearly enough to provide the funds needed to do the required repairs to accept the TIGM proposal or provide the local match for federal and state grants for the TCAA preferred alternative. So we need to honor our measure D commitments and deliver on all those of the transportation projects that we did promise. And it's a balanced project that benefit a wide cross section of the community. And I said, I also do not believe another ballot measure provide funds for rail that's going to pass anytime soon. Many of our agencies are up to their limit of what they could have to operate a passenger rail service at $25 million a year that's been estimated. And state legislation, I believe, would need to pass to address the problem. But I do believe we should continue to look for funding to repair the rail corridor and upgrade segments that can be used for the community sooner than later. But the bottom line is right now and in the foreseeable future, we can only afford to preserve the option of passenger rail, ensure the freight service to Watsonville and make sure that Roaring Camp can continue its operations on the public part of the line. Again, I do appreciate all the input that has been made to this, but we've got to be realistic of what we can do because if we say that we can do a lot with the passenger rail service immediately, it's a false promise and a story. Thank you, Commissioner McPherson. I will now turn the floor over to you, Commissioner Hurst. Well, thank you very much, Chair. Commissioner McPherson's absolutely right in his support for rail in Watsonville and freight. And we've heard from the community and many needs that are out there for public transportation. I really enjoyed reading the concept proposal. I thought it was pretty interesting and futuristically focused. I certainly enjoyed writing on the TIG experimental demonstration as well, and it was a demonstration and seeing is believing. I was fortunate to go along with Supervisor Manu and I was sitting right behind him and kind of giving him some lay of the land as to some of the businesses where we're going by in Watsonville and some of their freight needs as well. And he got to see the beautiful view of the slew and the white pelicans. And even though he's expressed some reservations about it, I could tell he was having a good time that day. In fact, he had such a good time, he stayed in Watsonville and had lunch at Jalisco that day. And that's the kind of support we really need in Watsonville is business support and opportunities to show visitors all the assets that we have. Today may not be the day to approve this concept, but I think the concept still needs a consideration. And I would ask for more information on this because I think that is a wave of the future. We saw the future a little bit. Seeing is believing. And hey, our job is to move forward and get the community moving. Let's move forward together and have some more study on this, see what kind of federal and state grants we might be able to acquire. And fix the bad spots that need to be fixed. And hey, let's get moving and please don't leave South County out of this mix. Thank you very much. Thank you. Hey, commissioner Schifrin, your turn. I thought there were a couple of people ahead of me, but I'm more than happy to go if you choose me. Well, I'm just- Does anybody feel insulted that they're being passed over? Yeah, sorry. I'm going by the order that the hands are up in my participants' feed. So if you're raising your hand-hand, I may have passed over you. So just make sure you really do that wave if you wanna get my attention that way. Thanks. Okay, thank you. I wanna thank Tegan for their proposal. And I also wanna thank Steph for their comments. I also wanna appreciate the comments by Commissioner McPherson about the long-term commitment to pass into rail, because I've been concerned about recent actions of the commission that might give the impression that the commission is drifting away from its commitment to preserve the rail line for public transportation in the future. Some of the- As commissioners know, there are proposals before the commission that if implemented would require the ripping up of the tracks. I'm also aware that some commissioners would like to see passenger rail service on the line the day after tomorrow. And there are certainly members of the public who support both positions. We've heard from them regularly. But as you know, at this time, the commission doesn't have the legal authority to rail bank, which could lead to the removal of the tracks. And it doesn't have the ability as Commissioner McPherson reiterated and the staff report makes clear to finance passenger rail service at this time. I think it is important. And I appreciate Commissioner McPherson referring to this to remember that Measure D was a compromise that required the support by a wide range of interests and in order for it to pretty narrowly pass. The commission has supported passenger rail service as part of Measure D and subsequently through the unified current study and the TCAA where public transit on the line was the preferred alternative. I agree with staff that the TIGM and Roaring Cam proposal is not supportable at this time. Staff has raised many valid concerns about its feasibility. And I support the staff recommendation to take no action on the proposal. Nothing though prevents the proponents of the proposal from submitting a revised response to what the staff or the concerns that staff raised because they're pretty overwhelming and I think they were very relevant. So if the proponents of the proposal think that somehow it is possible to do what they're proposing to do in light of the concerns that staff has raised nothing prevents them from doing it. I may, while I disagree with some of the general comments in the staff report I think many of the concerns raised with the proposal are valid. Given the phase two rehabilitation works still needed on the tracks given costs I agree that it's premature to move forward with any rail proposal at this time. Moreover, if the commission reaches the point where it makes sense to consider a proposal as the executive director says there needs to be an RFP and the process needs to be an open one. We shouldn't just be responding or approving one proposal. To conclude then I support the staff recommendation but wanna thank the proponents of the proposal for seeking a path to provide other transit on this critical corridor and providing a vision for the future. And I hope that there will be possible interrail rail projects in the not too distant future. Thank you. You're welcome Sandy. Thank you. Commissioner Hernandez, your turn. Well, first off I wanna echo some of the comments that were made about Frey. Some of the folks that spoke earlier are some of our biggest employers here in town. And I know that some of them employ beyond Watsonville in North County, Santa Cruz within Santa Cruz city limits as well. So, I think that it's imperative that we maintain in Frey but also that we look into if there's a, you know, I'm not sure if Frey was overlooked in the report or downplayed or not but it's important that we look at a possible uptake in Frey as this pandemic plays out. And hopefully we can get back to pre-pandemic levels in the near future and maybe even, you know, surpass them in the future as well. So, I just wanted to ask if there's a, if we're looking for that in terms of being ready for Frey to surpass pre-pandemic levels in the near future if that's in the works. In terms of the public passenger rail and the TIGM, you know, I hope that we stay open and continue to at least look for new funding sources, revenue sources, funding mechanisms so that we can look for public passenger rail in the near future and then that pretty much concludes my comments. Thank you, Commissioner Hernandez. Commissioner Bertrand, your turn. Thank you, Chair. I ask questions about the servicing of the rail service in Watsonville. It's been a major concern of mine since Progressive first came to us with their enthusiasm to provide viable commercial service in Watsonville. And so I'm still asking the questions because I'm a little more concerned now when I read Progressive saying that they want to back out of the agreement and they wanted to find, according to the letter, someone that was a little bit more familiar with the territory here. And so I hope that we have better communication with Progressive about what's happening with Watsonville in terms of commercial service and with big trees also, even though it's a private agreement with them and Progressive. I think we need to do a lot more to make sure this commercial service is provided. It does the provision of jobs for Watsonville as we found out from the biodiesel company they imagine and hope for increased business. I did my MBA report, business report on biofuel and I think it is an important option. I think the president understands that it's a bridge technology and it's also quite clean in many respects. So that's just one example and then providing lumber service to our local lumber provider. There's probably many other options for a company that is truly focused on Watsonville. And wants to provide that commercial service. I also would like to reiterate with the comments on the financial issues. Several commissioners talk about this. Bruce was the lead off on this. And I think having the money provides the possibility. Right now we clearly do not have to provide the possibilities to improve our line, to rebuild the trestles, put embankments in place. I mean, there's a whole slew of things that we all are aware of. And so the possibility of the line being used as Tigem is talking about, it's just not there. And to that end, it shows to me that they haven't done their homework. They do not understand what our rail can provide. Our rail corridor can provide at this time. It's sort of to me harkens back to when progressive first came here.  They were talking about the sunlight special and all that sort of stuff. And, you know, I am very happy that we have an executive director here who is going step by step, providing what he can with the resources he can. We're going ahead with the trail starting up the north and coming down south. There's different segments get in the planning stage. This is the kind of approach that we need to support. And this is the kind of approach that will in the future provide possibilities for a rail service that could provide the movement of people. But we're not there yet. When we get there, I want that process to be an open-ended process where different providers of the service can be given in equal sense that they are going to be considered properly. And to that extent, I am glad that Tigem came here because the public now has a sense of what this may mean. So a corridor service with that kind of electric option, I think has some viability. But the public now has a chance to say, do I want to pay an extra sales tax to make that work well in Santa Cruz County? So those are the, my comments. Thank you. Thank you, Mr. Koenig. Thank you, Chair. I just wanted to start by sharing a little bit of my own experience. I did have the opportunity to ride the trolley in Watsonville with commissioners Hearst and Capit is certainly a beautiful area down there. And I thought, yes, the vehicle itself was quite beautiful as well. But what it highlighted for me was really just what poor shape our tracks are in. You know, the vehicle is not able to go more than 10 miles an hour. It was a very slow ride and it really rocked back and forth quite a bit. And you could hear the kachunk of those non-welded tracks. So, you know, when our executive director talks about the 50 to $60 million that would be needed just in repairs to the tracks, even to have a basic operations for this tourist excursion train, it's very real. And it was palpable in the demonstration. I didn't actually get a chance to ride the trolley in the Live Oak area, but in some ways it was useful not to because I got the experience of not being a rider. First, I'll say that my office did receive several emails from folks, particularly who live right near some of those intersections about the incessant dinging. I saw one very amusing or maybe not so amusing ring doorbell recording of the trolley going by for about 10 seconds and then about two and a half minutes of dinging at the intersection and everyone being quite confused about that. So there's definitely some folks who are very frustrated by that development. And then, you know, folks always want to talk about how this is going to reduce traffic, but my experience was quite actually the opposite. On 7th Avenue, the cars were quite backed up every time the trolley passed and seemed to increase traffic. And finally, it's interesting just trying to walk around my house. It was walking in the Schwann Lake area between 7th Avenue and a lot of the folks who were trying to walk along the corridor there either couldn't or had to jump out of the way as the trolley went by. So, you know, again, the staff report acknowledges that the area between Capitol and Santa Cruz where this proposal was for is one of our narrowest sections of the right of way. I personally don't believe that rail and trail is possible. It seems to be a, it's actually a fiction when you look at the physical constraints of the area. And if anything, this demonstration really just reinforced the staff. It was interesting, wasn't it? Any demonstration? Commissioner Koenig. Done that. Sorry, I know, you lost me there for a second. We did, I wasn't sure if it was me or you, but I think, yeah, so if there was a question right there at the end, if you could restate that. No question. I was just saying, it's interesting that, you know, the reason the operator did a demonstration in the Watsonville area was that it requested this commission a couple of years ago. I wonder if they actually would have if we hadn't requested that because of course the proposal doesn't, doesn't propose to connect the two areas. So, you know, this idea that somehow a tourist train is going to get us to passenger rail, we've seen two operators come in with that proposal and it hasn't worked, right? I mean, Commissioner Bertrand just mentioned the Sunshine Special Proposals that Progressive came in talking about. We had IO Pacific that ran the train to Christmastown. Neither of those tourist excursion trains ever developed into passenger rail service. And of course doing the same thing over and over again, expecting a different result is the definition of insanity. There's no reason we should expect a new operator who if anything has less experience, right? I mean, some of the public mentioned this operator hasn't run on tracks more than two miles or more than 10 miles an hour with some of their cars. There's no reason to believe that they would be able, they would be able to turn it around and actually produce public transit out of this little excursion train. So, you know, I'll just finish by saying, you know, we do have a public transit system. It's Metro. It even runs to Davenport today. And really the challenges we face at Metro are that it's underfunded and doesn't have enough frequency. Why would we want to move forward with any kind of rail project demonstration or otherwise that makes the same mistakes. If anything, we should be consolidating our investments on Metro, getting the frequency, getting adequate investment and making that public transit system work. So thank you also staff again for their very clear report on this. Really appreciate the facts that we all have to move forward with. Thank you. So Commissioner Peterson, you are next. Thank you. A lot of my thoughts on this have already been mentioned. So I'll just echo that I agree with the reasons previously expressed about why there's no purpose for a boat today and why it's not feasible to expect that we will have this kind of rail transit or rail transit in the foreseeable future. I also want to echo what Commissioner Schifrin said about the need for an RFP. If we were to do something like this that we can't just take an unsolicited proposal and move forward with it, even if we thought it was a good idea because RFPs are put in place so that anyone who may be able to provide such a service would have an opportunity to show us that they could do so and at what cost, et cetera. And I think that's also important to consider. And then finally also echoing what Commissioner Supervisor Koenig mentioned about the condition of the tracks. While I was on, I did have an opportunity to ride the trolley and during the time that I was on it, there was one of the staff members from TIGM sitting directly in front of me and the person that was with me, we had a discussion about why it was only going 10 miles an hour. And he asked me, can it go faster than this? And I said, yes, my understanding is it can go up to 50, but it's not right now for the sake of the demo. And the staff member turned around and said, yes, because of the condition of the tracks, we can't go any faster than this right now. So I think that those are all really important points that were already made. That being said, I did ride the trolley. I found it to be an interesting experience in a nice little vehicle that I would liken to the experience of riding something like a monorail at a theme park or another entertaining experience. And as mentioned, implementation of something like this would be exactly that. It would be an entertaining tourist excursion and not a means of connecting North and South County via commuter transit and acknowledging this issue of transportation equity. This in and of itself would not solve that problem or address it really in any way. With that being said, I again want to appreciate staff, the staff report all the time that staff puts into this. I know that they're the experts in this field. And director Preston also for taking the time to go over the staff report with us and his oral reports at each of these items on the agenda. I appreciate that you all take the time to create these detailed reports that continue to educate me and other commissioners in our efforts to make the best public policy decisions we can with the information available to us. Thank you. Thank you. Commissioner Quinn, you are up next. Thank you, everyone's hoping I'm last. Thank you, Chairman Brown and Mr. Preston. That was a great report. I too rode the train and it was fun. But I'd like to make a suggestion that we don't reconsider proposals as commissioner Peterson said, there needs to be an RFP because the train ride was fun. It meant none of the prerequisites and it created a lot of dialogue that consumed a lot of our time. And I would suggest that going forward before we entertain any proposals, we have clear criteria that need to be met as a prerequisite. With no barriers to submitting a proposal, I think we open ourselves to further chanceful proposals and we really should have robust criteria, financial, trail condition, chronology that need to be met before we entertain any further conversation. I'm sure Mr. Preston has numerous other issues on his desk that are incredibly relevant to this county's transportation needs. And frankly, this conversation about the train almost pushes everything else off the docket. So I would like to see us bring more dialogue to these more discipline to these conversations in the future so we can address other pressing issues that I'm sure Mr. Preston would appreciate. Thank you. Commissioner Rockin. Thank you. I wanna appreciate executive director Preston's oral comments. As I think Bruce said at the beginning and Andy Schifrin mentioned as well, the emphasis that this proposal was not timely. It was not in response to an appropriate public process which would be an RFP of some sort. It needs to also follow our ability to actually entertain something like passenger rail service. And this is not a passenger rail service proposal that's in front of us. I agree with Robert that I don't wanna have our staff feel that they need to get involved in detailed negotiations, further negotiations with TIGAM or other proposers that come in at this point. But I do wanna appreciate some stuff that came up in director Preston's comments. First of all, people are often saying, well, the rail may be as possible 50 years from now, 20 years from now. I wanna point out that director Preston suggested that something like 14 years, that he wasn't promising at 14 years, but that a time, a future scale of about 14 years for thinking about actually implementing passenger services of possibility. And what that suggests to me is that our pathway forward is working on the trail segments that we're working on, which is appropriate. But also we need to define where it's appropriate for realignment of the rail. There are a couple of places where the rail curvature is too tight, fine at 10 miles an hour, but it wouldn't work at 30 or 50. There actually may be some places where we need some additional right of way to make this actually work. If we're gonna have rail and trail in some of these segments, that's why I would have appreciated having passed the plan for us to sort of look at where we're going with this, but that's not the discussion that's in front of us today. My view is that this demonstration was very helpful. It suggested the kind of technology we have, I hope it will end for all time, the discussions where people are suggesting what we're proposing here is some kind of a freight train and locomotives scale 15 minutes service, to give you an idea of what this might look like in the future. That itself is very, very helpful. I also think that moving this process forward, there may be some opportunities for something like an inter-colonial service. If we fix the bridges and so forth, which is a lot of money, but we don't know that the total cost in the end will be $50 million, you could probably bring this up to class two service level, which would be 30 miles an hour. The train that I rode on, the little trolley, went from Santa Cruz to Capitola faster than you could drive it in a car, at 10 miles an hour. And it was a totally smooth and quiet ride. Everybody appreciated that. And I saw most people on the side waving and enjoying the service, but it was clear that there are places where right now it's tight between the rail and where there'd be room for the recreational trail and a bike and pedestrian trail. So I do think we should be moving forward, looking at issues of where the rail needs and realignment within the corridor to be most effective, that we should be thinking about how we can look for additional funding sources. It would be, I think, crazy to go out to the public and ask them for a half-cent sales tax or even a quarter-cent or an eight-cent sales tax without some idea of what kind of federal and state money is actually available to us. I mean, we all think there's something out there, but is it enough to really imagine that we could have a match that would make it happen? And it's a little premature to think that it's gonna take a 20 to 50% match because that's the assumption now when there's not much money available, but that's gonna change already within the federal infrastructure bill and the state rail plan. So I think the idea of making clear that when we talk about interim trail, it's interim trail for the most part in places where it does not prohibit the future development of rail that we make clear to the public we are committed to having rail, as Bruce McPherson said, passenger rail. And again, if that's 14 years off, I'm sorry, the people that want it tomorrow afternoon, you have to deal with the scale of the project that we're talking about. And if we were to have meaningful passenger rail service from Watsonville to Santa Cruz and back in 14 years, I would be delirious. I think that that's a reasonable timeframe. I think people should sort of, we're too used to thinking you can go get whatever you want off the shelf in the supermarket today. You have to plan things, you have environmental clearances, construction work that needs to happen. And there's a lot of work to be done here, but the idea, I really appreciated the way Director Preston made his comments orally. I liked them better than some ways than the written report, which kind of implied we would never have a P3. And as many people said, both who are in favor of rail against it even, you know, we're not ruling out all P3s in the future. It's just, it's not appropriate now. It's not a process that we could possibly incur with. So I think taking no action at this point, if we try and take an action of motion about it, we'd have to start amending the heck out of it to be clear about what we want to be in the motion and out of the motion. I pray my colleagues do not do that. That we basically, you know, don't approve this, drop it at this point with no action and that our staff not be expected to have detailed conversations with anybody about this level of service before we understand how we're gonna repair the capital costs here, the bridges, the culverts, the other kinds of things along the line. Those are my comments. Thank you. Thank you, Commissioner Rodkin. I see Commissioner Johnson, Randy Johnson has a hand up. Go for it. I do, Chair. Thank you very much. First of all, I wanna echo what people are saying about staff in particular, or our executive director, which is an excellent report. I mean, obviously this is a person who has extensive experience on these types of projects and made, if those who are willing to objectively listen, made some pretty sobering comments and actually cautionary tale, I think, in terms of what the true prospects are for passenger rail, and notwithstanding the optimism shared by some of the proponents. You know, for me, it gives me no pleasure to kind of throw, you know, and I'm sure it's the same for Guy, to throw cold water on all the aspects of, many of the aspects of passenger rail from timing to expense and so forth. But it is a reality. And Bruce McPherson encapsulated it very, very well in terms of, hey, being open to these sorts of things. But one of the problems, you know, we have, you know, in the vision part of this, the, if you remember, the triple bottom line is environment, it's economy, but it's social equity. But those are three legs, and I think we have to, let's be realistic, we have to add a fourth leg, and that's financial, okay, what is financially feasible. And that gets ignored a lot. So, you know, again, this is very sobering in many, many ways, and you can talk about grant funding and so forth, but the executive director mentioned a very compelling word, and that's competitive. You know, it's not like you sign up and all of a sudden, if you get in line first, you're gonna get grant funds from either state or federal, notwithstanding any sort of infrastructure bill. What happens is that they compare you to the needs of other entities within the state.  My feeling is probably not very well. So, moving forward, if people want to think that, you know, that passenger rail and TIG and everything was a view of the future, maybe it is, but I think objectively speaking, it showed a lot more of the deficiencies than the possibilities. Thank you, Chair. Okay. I believe that all commissioners have had an opportunity to say their piece, at least for now. Actually, I see Commissioner North at your, I just saw your camera go back on so I don't wanna leave you out if you do, okay. Recognizing this is your first meeting and so I understand, but I did wanna give you a chance to jump in. So, I just wanna say a couple of things very, very quickly. I will just say that I agree and appreciate the comments that Commissioner McPherson made, and then we're followed up on by Commissioner Schifrin and Commissioner Rodkin about the interest in preserving the tracks and the interest in a long term and not closing off the possibility for a passenger rail service. When this, any item related to the use of the rail corridor comes onto our agenda, people, proponents and opponents latch on to what they wanna see in the documentation to prove that rail is either never gonna be feasible and not never gonna happen or we could start tomorrow or that we can get this going sooner. And I appreciate that and I appreciate, I wanna say I appreciate Tigham and Roaring Camp proposed putting this forward to us because I think it's a bold move. It was in conjunction with the demonstration, which I also participated in and enjoyed. I actually could picture myself sitting on a trolley like that and getting some work done and finishing up my reading as I head towards the Capitol City Council chambers for an RTC meeting. So, I had a different kind of perspective on what this could mean just based on my own experience. And we all had that and I think that it certainly did provide us, some tactile material sense of what that could be like. And I look forward to those continuing conversations in the future and I appreciated, so it was a bold move, I guess I'll just say for Tigham and Roaring Camp to put this out there knowing the kinds of conversations that are elicited by discussion of what's gonna happen with our rail line. And I do hope that those conversations can continue into the future. I appreciated, Director Preston, your laying out what some of the significant challenges are, giving us what I would say is a realistic view of what can be done now, what are the other factors we need to take into consideration and I look forward to those conversations moving forward as well. I am gonna just leave it there and say that I too am prepared to take no action. And that doesn't mean, at least for myself, that I am rejecting the idea that some kind of commuter transit service could along, using the model that we saw potentially even could be forthcoming, it is a little bit different than freight carrier or another kind of larger diesel-based service. I mean, this is a different technology with different costs and so let's take that seriously moving forward. Okay, that was a little longer than I wanted, but I will close my comments there and I believe that we are with that unless anyone has final words. We are going to Commissioner Rockin final words, just a little. No, I was going, no, no, no. Okay, I'm sorry, I do like to make sure everyone, sometimes when I close, somebody says, no, I didn't get my hand up. So just making sure and we will move on to our next item, which is next meetings. And that would be the next RTC meeting scheduled for Thursday, December 2nd, 2021 at 9 a.m., a location to be determined, at least partially virtual based upon our conversation today. Good job everybody in the meeting, thank you. And with that, we are adjourned. Thank you.