The following is a presentation of T-F-N-N. Trade what you see with Larry Pezzavento. Call now toll free at 1-877-927-6648 or internationally at<PHONE_NUMBER>. Now, Larry Pezzavento. Okay, looking good, Billy Ray feeling good, Lewis. I'm going to show you a sample of the charts that we were looking at back in 1987 and also recently here. But anyway, I wanted to show you the top of the market in September the 3rd of 1929, 55 days later the market crashed on October the 29th. You'll notice here on August the 25th of 1987 that was harmonic convergence. That's when we had five planets in the sign of cancer. Yeah, cancer. And all just so many things happening was called harmonic convergence. It was supposed to be the end of the Mayan calendar, which it wasn't, but the market broke. And then it rallied, it broke down into August the, excuse me, into September the 27th. It rallied up to October the 2nd. And then from October 2nd, it dropped a great deal. Now, if you'll look at the chart there of 1987, you'll see that October low, right? This is the October high, right? There was making a guardly at that point. I hope you can see it. I'm not sure you can, but I'm hoping. Anyway, that's what happened. Let me explain to you what was going on in my life at that time. I was up in, I was living in Pismo Beach. I had just moved up to the trading room. I was on TFNN, excuse me, Financial News Network down in Los Angeles. Once every two weeks, we would drive down and I'd do a one hour show with Sue Herrera, Ron and Sana and Bill Griffith. Very good friends. We've been friends for many, many years, especially during those times in California. Byron would come out and visit and everybody came out to visit, but anyway, we had a lot of fun. Anyway, on that October 2nd, I took $8,000 and I bought puts in the S&P 500. Remember, it was trading at $500 a point, not $50 a point. So what in the world is going on here? Can you, sorry folks, there's a tiny emergency here. Ah, got it. I'm by myself, so hold on, sorry. Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master. Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019, finishing at number two for the year, an amazing accomplishment. Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge every day in his Mastering Probability newsletter. Steve's award-winning newsletter, Mastering Probability, is delivered every trading day with updates throughout the afternoon. Sign up for Steve's Market Newsletter, Mastering Probability, and you'll receive access to seven of Steve's educational webinars absolutely free. At TFNN, all our newsletters come with a 30-day money-back guarantee, so you have absolutely nothing to worry about. Visit TFNN.com and try Mastering Probability 30 days risk-free today. TFNN, educating investors. Stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight to your inbox.  Ready to join the ranks of successful traders? Head over to TFNN.com and subscribe to Market Insights today. Don't miss out on this opportunity to supercharge your trading results. Market Insights comes with a 30-day money-back guarantee for all new subscribers, so you have nothing to risk. Don't miss out on this opportunity to revolutionize your trading game. Head over to TFNN.com right now to join the thousands of traders who have already experienced the power of Tom O'Brien's award-winning newsletter, Market Insights firsthand. TFNN, educating investors. 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For all the details and to start your 30-day Tiger Forex report subscription today, visit the front page of TFNN.com. TFNN, educating investors. Toll Free at 1-877-927-6648. Internationally at<PHONE_NUMBER>. Okay, folks, I'm sorry about the emergency that came up, but the UPS guy was going wacko. Someone just sent me a case of champagne and something else in another big box. I don't know what they are, but they're probably bombs. Oops, that's not a good word to say. Anyway, let's go back to, here's where we were in August of 1925. We had the top. Then we had, on the October 2nd, we had a Venus Uranus aspect. The market was exactly at the 61% retracement in here. And on the 2nd, which was a Tuesday, on the 2nd of October, I bought $8,000 into S&P puts. I bought October puts. They were the best value that I thought. And I cashed those out on the 16th of October, which was a Friday. That was the Friday, the market closed on its low. The options expired on that day, October the 16th. The Dow was down 106 points. And remember, the Dow was trading at around 2200, 2300 at that point. So, you know, that was a huge move and it closed right on the low. And they cashed me out right on the low. And I was able to, I had a big, what do you call it, a bill from an Eastern school for my daughter's education. And I was able to pay the whole four years with that one trade. And anyway, if I had the November options, I could have bought the school. Well, not quite that bad. But it was a difference of 20 times, what? But you know, on October 20th, the bottom was actually October 19th. The crash was on October 19th. The bottom came in slightly lower on the 20th. And then we've been rallying ever since. That was the best buying opportunity of the 1980s, folks. It really was that low on October 20th was an exact 61% retracement of the low. From August the 9th of 1982, we're from 82 up to 87. And then from 87, we dropped those 55 trading days. And from there, we never looked back. I didn't check to see if that was a 3-8-2 of any market. But by golly, I remember it being the exact 61% retracement of the 1980s. And of course, then we started to go up. And that was the best trade of the day. The reason why I'm bringing it to your attention, folks, is there's a chance here that we could be looking at something quite similar here in our market. Now, what I'm going to do now, I'm going to switch over to the real market here. Just give me one second. That's not the real market. Let's get the real market over here. That's it right here. We just had an ABCD pattern complete here in the S&P. I just wanted to bring it up here to show you where we were. Here's where we were. Now, the number that's really super-duper important today, folks, you can see right there is your ABCD pattern right here at 1280. Now, that equals the last rally that we had here. You see this rally that occurred right there? That should equal that one. And you'll see that's exactly what it did. So there's the big daddy rabbit. We start getting above 1280, 4280. There's a chance we could have a rally all the way up to this level right in here, 4292. But, folks, let me explain something to you on Boys and Girls. Let's be honest about this stuff. Folks, if we close below here, for God's sakes, don't be short. Okay? Just don't be short. Look at the daily chart on this, folks. If you want to see something flat out scary, this is it. You close below this. This is what you're going to be looking at. It'll probably happen in three days, that target down here. I've got a lot of stuff here, so I'm going to clean it out. Let's just clean it out. But this is where we'll be heading here, right here. If you're like ABCD, and you certainly do, we'll be looking at a Dow or S&P down about 100-70 points here very quickly here. And as you know, we have strong probabilities of October, November, and bottoms. This is the anniversary of the 29 crash coming in here next Sunday. So that's it.  Shouldn't be long anyway. But if you go below this, there's big trouble in River City. Okay? So that's my two cents, and I'm sticking to it. Okay. The second thing we want to talk about here is the gold market. All right? Now, I'm a short-term trader and proud of it. Anyway, let's take a look here. You'll see here's where we are. Here's the gold market. We had this big run-up here today. We got up to 2010, way above where ever thought it was going to be. See, I thought yesterday we were going to stop right here. We didn't stop right there, did we? We went above the 61% retracement. We actually took out the high by $1 from July. We took it out by, well, not even $1. We took it out by, how much should we take it out? Oh, we didn't take it out. This high was 2010. This high was 2009. Look what we've done so far. Now, if you go down to the mini-micro trading strategy that we look at here, there's the old S-dollar, your gold pattern.  Yes, Johnny, I see you got your placard up. Look for the 382 retracement. Now, this is a four-minute chart. So this takes about 45 minutes for this to complete, about 10 handles or 10 minutes. And then you can see we had 382 appear at 20 even. We're now trading $12 below. We have another one right here. Let's see if that was also a 382 of the previous one. I don't think that it is, but it might be. It misses it by $1. So we've had a reversal here on gold. We've already come down, folks, $21. Now, the parmonic number in gold without a doubt is $34, 32 or 34. I like 34 because I don't know. I've just been watching it for a very long time. So $34, $34 off of this hop takes us to 2075. So watch 2075. There's 1982 right there, which is the 1.618, this whole thing. But 1975 will be the harmonic number coming down in here. So we'll take a 13-minute chart and we're going to see where we are here. So 1975 is what we want to be looking. We know this is a major low. No question about that. You can see that. And you rally up and there is your 382 retracement right here, folks. If gold is any good, and I think that it is, it's not going to get any lower than that right here. Now, we've had something happen here because we are matching the sell-off that we had here. You see that sell-off we had right there? You add that one to this one. We're right about there right now. So there it is right here. Just a minute, make sure it's the right one. I think it overshot. Yeah, it did just a second. Let me draw them in perfectly. There it is. That's what I want to do. That's what I want to do. Now, all I got to do is take this and bring this over. And you'll see we're almost there right now. That's right about there. That means that would be equal to what we had. There's your 382 right in here. We haven't even taken out the low of last this week yet, but we're really close. So that's what we're watching here in the gold market here today. Now, the next one we want to take a look at is the Wicked Step Sister here. Hold on a second here. Get this out of the way. This is the bond market. Folks, this bond market has got so much wrong with it that it's unbelievable. I've got to how much time do I have on this? I've got plenty of time. Hold on. I'm going to get something up here from my good friend, Mr. Jamison here, because he sent me something that I want you to read. I know this is my Skype messages, but I don't really care. Hold on a second here. It's Don Jamison right here. Okay, I'm going to load this up right now and get this up here. Okay. Here's what I want to tell you here, folks. Using the real-time debt clock, it's $33 trillion, folks. That's $1,064,719 years. If you were to give them... You're not even going to believe the statistic here. I think I can get the whole thing up here. What did he give me right here? He gave me the whole thing and I can't remember it. She had the front door. Yeah. Anyway, if you were to give with the $33 trillion debt, if you would give someone $1 million a day, that's $1 million a day, okay? Do you know what would happen today to where we are? You're giving them $1 million a day, okay?  That's how bad this trillion dollars is, folks. This is not a good deal. Since that's a fundamental, and I kind of screwed it up, but anyway, let's see where we are here with the bonds. There's what we've been doing this week, still going down. We've had some rallies. See how close the rallies are. We had a big rally here. How much was that? That was about... That was about almost a point and a half. This one exactly a point and a half, okay? Let's go back and see if we had another one back here somewhere. So it's moving, it's actually moving a little bit, so that's a good sign. You know, we've held this low right here, which is, you know, we thought it was going to go to 108.03, and we went down to 107.20. Now we've had this little bit of a rally, and that's all it is. The only thing that this has got going for it from the long side, and I mean very little, and I mean any time you get a rally here, you've got to get short, folks. This is a disaster that has started now. We've got a potential bottom here because we're down 10 days. We should get a good rally, at least 382. That's what we should at least get a 382. Okay, that's the rally. We'll take us up to 1107. That's two handles and where we are right now. So watch that right now. There's a big problem in the bond market, folks. We've seen it before. We're going to look at it again. Okay?  Okay? We've been borrowing money since, well, by the time when Jesus was in the crib, just about 2010 years ago, and the problem is now they're asking for the money back. That's why the bond market is collapsing. People do not want to own bonds. They want to own short-term treasuries because the dollar is moving so well. Okay? So this is why now we're getting close to a bottom. You see our big target on this was 205. 30, the low so far has been 107. So we're within a point or two of what we think could be a pretty good bottom. And that pretty good bottom would get a nice rally of about 14, 15 points, which is a lot of money. That's $15,000. So now, remember, I don't know fundamentals. I don't want to know fundamentals. All they've ever do is get me in trouble. Folks, you see this 135 pattern? We really hammered that in 2002, saying this is really bad. Okay? Going back to here, let's just get this up here because this is what's important. You remember this right here? This is negative interest rates, boys and girls. That's negative interest rates. We were at 2%. Now we're at 6%, I think, in the two year. Okay? Mortgage rates have gone from three and a half to eight and a half, and they're going higher. So that's what we're looking at. This is a major, major bear market, and we should be really close to some really good support down in here. We would get a pretty good rally. Maybe that'll even rally stocks. I don't know, but I'll tell you one thing. You do not want to be long stocks if we go below that low we made today in the S&P at 4235, I think, was the number that was there. Let's get this up here and take a look at it. The S&P's got a chance. Hold on, let's get this moving up. We'll get it down to that micro mini oscillating 45 second oscillator, oscillator. Okay, there's what we've had so far. We've had the rally. We've had several ABCDs right here. ABCD, and now we've got another one. Possible ABCD moving up in here. Now the high that we made on this one off of the high, I believe, was exactly 61%. It misses it by half a point, but that was probably the high right in here. Now if we start getting up in here, the key number here to watch, folks, you see that little green arrow right there? That's the one you want to watch. Let me show you why. You get to the hourly chart, okay? And guess what that is, boys and girls? Yes, Johnny, we see it, bubba. It's 0.382. Going down the Memphis on a midnight ride. Go to Tigny on the Pioneer, traveling band. John Fogarty, CCR. The Gold Report. As a precious metal gold is still king. It continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the London OTC market, the US futures market, and the Shanghai Gold Exchange. The Gold Report. Tom O'Brien publishes his weekly Gold Report every Monday morning for subscribers, consisting of coverage of the XAU, HUI, GDX, the Dollar, Bonds, the South African Rand, as well as 25 different mining equities with specific buy-sell recommendations. The Gold Report. New subscribers get a 30-day money-back guarantee so you have nothing to risk. Subscribe to Tom O'Brien's Gold Report newsletter now at TFNN.com. 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You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority in technical market analysis and it's not just dry, tedious 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.  Live on your mobile device 24 hours per day. Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. Okay, we've got a guest on the line here, Peter from Park City, Utah. How are you doing? Larry, I'm doing great. How are you? That's not good. No, I'm doing good. You there? Yes, sir. I can hear you. Okay. I had a question. I was looking at the Nasdaq on a daily. It probably shows up on a weekly as well. But it appeared I'm trying to work on improving like the 135 pattern. And on a daily it looks like that is daily and weekly that it's kind of set up and I was wondering your comments. Peter, I'll tell you what I'm going to do. We've got Shane Smollion coming on next and right after Shane is over, I'm going to get into the show and I will go through the Nasdaq from daily to weekly and we're going to find out if it's because I've been watching yours. I was like, well, I wanted your feedback. Thanks. I will. I'll be do that right after Shane's done. Thank you so much for calling in, Peter. Yep, no problem. Okay. I think we have the Shane man in the house. Shane, are you there? Hello, Larry. Hello, hello. Billy Ray Valentine here, my friend. What's up? 100 South Broad Street, Philadelphia, Pennsylvania. All right. So it's been, it's been a while there. It's been since like September the 8th I was on. I just looked, I didn't realize it had been that long. So I apologize for my absence.  We understand. We have a question for one of our... We'll try to come back next week if we, you know, we'll do a follow up to you next week if you want, if you'll have me on. I will be in London all next week, but I'll still be doing the show. I'm getting, I got one of my bucket list things came to you. I get to trade with the big boys over in Europe for five days as a little sort of a contest. And hopefully I'll come back with at least my skin and don't make too much of a fool of myself, which I know I'm not going to do that. Anyway, let's, let's talk about the question that someone's asked us here from Wichita, Kansas. And that is, are we getting ready to see a crash like 1987? Do you know the answer to that? I look, I can tell you what I think based upon what I'm seeing. And the answer is, I don't think so. I, I, now we'll get into that. You know, I, I, I'm constantly taking in a host of factors every day and one of them being the Federal Reserve, of course, and the Fed use, the Astro, the solar storms. We just had one today. And so I look at how the market is reacting on a relative basis to these. And then I kind of go from there. And we'll get into that in a second. I talked about the geomagnetic storms before. And just as a quick reminder, this is the month that is the peak right now. So we're, we are hitting a peak here. And so I think if the market was going to crash guys, it would have crashed already. I'm turning more bullish at this point. I'm favoring us being into more of a consolidation phase maybe for the next two months. And then I see 2024 is being higher. This, this geomagnetic storm here, this peak, you know, think about it. So we're in October 20th here. And we just got one of our first storms of them. We got some in the beginning, but we just got a storm today. Markets a little bit depressed, but it's really responding pretty well if you think about it. And so after this month, the solar storm activity starts to taper off and it drops dramatically into November, December. So from a geomagnetic perspective, things get a lot better in about 10 days. So I think there's still some negative Astro lingering out there. I still relatively bearish through December, but I think the worst, I think it would have happened to answer the question on that if we got to that point. So this is just the solar storm activity versus the Dow Jones cycle. And we kind of, we're coming into a low here. I mean, we're at the end of this October period, getting into November right around Halloween. We hit a low and that coincides with the decrease in solar storm activity. So I don't want to say for sure, for sure that we're out of the woods, but I'm feeling definitely more bullish and I definitely don't want to be short on this marker right now. So hopefully that gives an introduction into how I feel about this. And again, just as a reminder here, we do track these solar storms. This is an intraday chart. This was March of 2022. And when these storms come in, they have had big effects on the S&P and particularly the Russell. And so this is one of the markets that we had focused on. We had a really big short that we closed out. You remember, Larry, I skyped you at the low when I got out of that. And I know I felt like, you know, this market could go lower, you know, at the second half of October, but I think the meat of that move was probably that run. And so each time these storms come, we have to look at how is the market reacting on a relative basis. So is the market really just collapsing when the storm comes like it was back in August of 2022? Or is it resisting what the storm is doing? So right now, this is the chart here of the current year. And so each of these little pink arrows represents a geomagnetic storm. And then I put in here in red, the full moon perigee is here and here. And then we had a solar eclipse, which is generally pretty positive. The solar eclipses aren't that bad. We do have a lunar eclipse coming at the end of this month in about a week. So we still have some negative activity coming up. But I think all in all, the market has held up pretty well here. I mean, we did expect a double dip this month. We talked about that in the newsletter that the beginning of the month should be low and then we expected a bounce and now we're getting the second leg down. The question is, is this going to push much lower? Is it just going to kind of hang out here at this higher level and to here right now? And so to me, it's really kind of irrelevant because I think we should have been, if we were going to crash like 1987, I think we would have been way lower at this point. And I think we're coming to the end of a lot of the worst Astra right now. And so I don't think it's just going to just take off and run at a point. But I do think we're in some type of a bottoming phase where I do think the markets could just be chopping around here for the next couple of months. And I just think the fact that we're getting this out of the way now with these solar storms is a big deal because that is really a thorn in the side of the market, specifically the Russell. And so that's going to get out of our way. And then as we get into the beginning of 2024, there are a series of planetary steeliums coming. And I know Larry, you love these, right? The steeliums? Yep, sure do. These are bullish. So steeliums are coming in 2024. So for those of you who are interested in the Astro, this is a very bullish act, very bullish development. It's going to last for a few months at the beginning of 2024. We'll cover this in the newsletter. But as I'm looking forward, I'm feeling more bullish at this point. I just think that if the selling's not over now, it's pretty close. I think the next couple of months, I think, like I said, I think we could be wandering around in the consolidation phase. We do look at intraday charts here. And I was talking about, I look at the bolager bandwidths because I feel very strongly about this is a really, really nice pattern to look at. When you get sinking bolager bands like this, you just get choppy markets. You don't really get any moves. You just kind of get a choppiness sideways. And so that's what we've been seeing. So I've been talking about these bands approaching these lows. And so for us to really get a move, if we look at all of these moves that have happened, they've happened after the bolager band hits that low and they start to push back up again. And so the 12 hours, a nice chart because it's twice as fast as the daily, but it gives us a little bit of a heads up. This is one of the ways that I was able to get out of this trade. This is where we get out of this short trade here. It was 42.78 on the S&P. And we also had a short going on the Russell and the Nasdeck and our auto trade accounts. These are live accounts that we run. And they all triggered off of this point because I figured that was the point where the Fed divergence ended. So we were looking at the Fed internals with this big negative divergence and that ended. And so for me, when that ended right there, I felt like a lot of the advantage was out of the short side of this market. We still have a market that's kind of won. Shane, we've got to pay a few bills now. Thanks for being on. We'll have you on again. The next time you're free, just let me know. I can go past the break if you need to. I can go on a little bit. No, it's okay. I got to cover a couple of things with Peter from Park City. But I'll catch you next week. Okay, if you're not busy. Okay, thanks, Larry. We'll see you then. You got it. Bye-bye. 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The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Four Side Fund Services, LLC. This program is brought to you by Vista Gold, traded on the NYSE American and TSX under the symbol VGZ. You know, I believe in miracles and we just have one. We got another caller has called in, Steve from Austin, Texas. Steve, how are you doing? I'm doing well, Larry. How about yourself? You sound like that. Oh yes, yes, I'm definitely, I'm about 60% there. I've never been more than 61%, but I'm at 60% right now, so what can I do for you, buddy? Just, I wanted to get your thoughts on crude oil. Whether we've, whether we're coming into just a consolidation period here and are we going to be moving up or are we going to be pulling back? What are your thoughts? Well, I've got a chart up here of the hourly chart going the last 10 days and crude, you see we've had a pretty big move. We just had a little bit of a $2 pullback here. Just stopped exactly at the 382 there at 8813. And to me, it looks like we're going to go at least $3 higher to about 9171. Remember, the old high was 95, so I think we could get, there's a big ABCD there at 9175 that I'm watching. But, you know, I know it's very, the news seems to be more incredibly bullish than most people think, but the market has really, you know, we've only rallied actually, well, we actually rallied $8 a barrel, is what we rallied since the time that they started the bombing over there on the 8th. Now, if you remember back in September of 2019, Saudi Arabia got hit by drones, if you remember, from their good friends at Iran. And that shot the oil up $9 a barrel. And when it was trading at $70, so it rallied $12 a barrel. When it's trading at $70. South after that, I remember that. Really south, down to $40. Well, I actually went to minus, but anyway, you know, I'm watching news, everybody says that if the Straits of Hormuz are blocked, that's going to be into the gold, we'll be trading at $200 a crude. That's not true, because we've got more oil here in the United States than Saudi Arabia does. Unfortunately, the administration put a clamp on it because of climate change, which to me is about as equal to negative interest rates. But anyway, that's what I'm looking at. So what you're saying, Larry, is that during the winter, it's cold in the spring, it gets a little warmer. Summer gets hot. And then the fall, it gets a little cooler again. Is that what you're saying about global warming? Will you please stop giving my secrets away, Steve? Doug, I'll tell you one time, I know you shared it with everybody. That's why it gets me about these environmentalists. I mean, it's an excuse to do something that people don't want to do, I think. If they just leave us alone and let us do what we're supposed to do and have crude oil the way we're supposed to have it, and carbon is in this world and we should use it accordingly. My theory is we've been on this planet for five billion years is what they suspect, right? That's 12 zeros. That's 12 zeros. And they're telling us within two zeros that this end of the world is coming in 2050. Give me a break.  Well, me too, that's right. Sorry. No, that's okay, pal. We'll have you on again. Thanks for calling in, Steve. And I think it's pretty good support here at $88. If we go below $88, the next support that I can see is down at $84. But follow the news because when you see really bullish things in the market, it doesn't react very much. That's telling you that people that are in the crude oil business, they're not afraid to sell it. So that's why you've got to pay attention. Yes, sir. Okay. You have a good one. You bet. Okay, folks, we're going to switch over right now to the old NASDAQ for our good friend, Peter, up in Park City. This is the daily chart. And I believe this is what Peter is looking at here is a 135 pattern forming right here. There's your one right there. And then you come up and there's your three right there. And there is the second one right here. And it's at $14,112. That means it's down another 600 points, which if we go below this point today, folks, Peter, you're going to be right because that's where that puppy is going to go. Now, what we need to do is we need to switch over for just a second. And we want to look at this on the weekly, too, because we want to see where we are. Okay, here's where we are. Now, this is the December contract. So it doesn't have all the stuff in it that the other ones have. But this is all we need. Here's what we'll be watching from your loan. We made in January of 1922. Excuse me, it was actually made Christmas folks, New Year's Day. The 30th was the low. Look at this, folks. We've got a nice market coming down right here. And Peter, pay attention to this one right here because we could easily do this. And this would be the 135 pattern. There's one right there. There's three right there. And there's five right here. There's 135 coming in here at 14,300. The ABCD on this big move that we just did. Let's just bring it up to see it here. Keep these cards and letters coming in. There's your A leg here, B leg, C leg, D leg. See, there it is right there. There's where we're going. 14,300. That's only 400 points more. You know, that's a couple of bombs over Israel, I guess. But I don't know. I'm watching it. There's nothing bearish about this stock market, folks. It's making correction for God's sake. Look what happened here. We had this big correction. Nobody screamed about that one. So that's it. The key is, if we close below this S&P, well, let's do it with the Nasdaq. Get the Nasdaq up on the hourly. See what we've done so far. There's what we've done here. Look at the rallies. Let's see what our rally's been. All right. The rally, of course, we know this was a 382. There was your ABCD 382 rally right here. All for this one right here. That was yesterday. Right there. It had boomed down. You came. And so far, this is the one you want to watch. From your high right down here to your low right here. Watch this number right here. 14,846. If we can close above that, that's what you want to be looking for. The main thing is, if you just get up here and then go below this, be careful. If you go below this level right here today, Peter, which is 14,675, that's about 100 handles from where we are right now. This is going to be very, very nasty. I mean, we know that it's going to go, well, we don't know, but we're guessing that it's going to go to this magical level here. 14,300. And I just heard someone ring the bell. It's round six. Let's see what's going on over here. And we've got John from Philly on the line. Mr. Z, what are you doing, buddy? How's it going? Larry, I'm doing very well. And like everybody has said, we are all pleased to hear your health is improving. So we wish you well. And I do want to thank you personally just for opening the show, Larry, with those couple of historical charts that you did for the stock market going back in time. Larry, I just wanted to complement that idea with a chart that I just posted in the Tigers Den. And what I observe is like that past historical episode that you spoke so... No, no, stay with us. We've got two more minutes. Stay with us. We'll pay a bill and we'll finish up. Okay, we've got three minutes to go. Thank you. If you're looking for potential trading setups in the stock market, then Rocket Equities & Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals. Sign up for Rocket Equities & Options Report today with a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your subscription today, visit the front page of TFNN.com. TFNN Educating Investors. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks, and commodities, subscribe to the Opening Call newsletter at TFNN.com. The Opening Call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. Get the Opening Call newsletter by Basil Chapman in your inbox every day. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know, and you'll get a full refund within 30 days of signing up. TFNN.com Educating Investors. Everything in the universe is governed by the Fibonacci Sequence. This mathematical principle is responsible for everything, from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to, and you can trust Larry's analysis. After all, he's got 45 years' experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know, and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com Educating Investors. The Tiger's Den. Hosted at Discord. TFNN has been educating traders for more than 20 years, with live programming hosted by a variety of professional traders during market hours. The Tiger's Den. Available to all tigers and tigers for just $1 for the year. There's no cash or added costs when you join our community of traders. Sign up today to become a part of this educational community of traders. Just visit the front page of TFNN.com. Don't forget you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. Hi folks, we're with Mr. Z from Philly. John, you were talking about the S&P. Please continue, buddy. Yes, I just posted that NASDAQ daily chart on the Tiger's Den. Be very succinct and brief on this, Larry. Dovetailing with what you showed at the top of the show. I observed two things. The NASDAQ 100 made a peak September 1st. Yes, it was a lower high, but a defined peak. And we're declining as we are. And of course, interestingly enough, Stan Harley has targeted November 1st as a cycle low. September 1st to November 1st. That is the rhyme of 2023, possibly with one of those historical charts you showed. So I thank you for showing those charts that got me thinking quickly. Hope this helps. It helps a lot, John. You do great work there at TFNN showing the things you do each day. I think it's terrific. But listen, thank you for calling in. And we really appreciate all the work you do. So we'll be watching November 1st. We got that big lunar eclipse coming on the 28th. So that Monday is going to be wild and wooly. So it should be a lot of fun. God bless, Larry. Have a good weekend. You bet, folks. All right, folks, that's it for the week. Hopefully everybody's been using stops on all their lungs and stops on all their shorts. If you don't, you're telling the market that you know more than she does in boys and girls. I can promise you that with 100% you don't. So make sure you protect yourself. It's not how much money you make. It's how much money you don't lose. Thanks, folks. I love you all. And so live every day in an attitude of gratitude. And may God bless. Uh-oh. I hope I spilled it. How much time? Oh, no, I was okay. We're okay.


Nigeria has lost the former head of the Interim National Government who succeeded the military junta of General Ibrahim Babangida, Chief Ernest Shunekon. Chief Ernest Shunekon reportedly died in Lagos at the age of 85. He was the chairman of the Interim National Government between August 26, November 17, 1993, when he was ousted in a palace school led by late General Sani Abacha, who was the Secretary of Defense. Hello, hope you enjoyed the news. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.


Is this working? I guess. Is it? Morning. So I'm going to be talking about simulation of RMI in the presence of thermal fluctuations using fluctuating hydrodynamics. And thanks to the first speaker who gave a pretty nice introduction to RMI, so it saves me a lot of time. So this is also, I'm from KAUST, from the Fluids and Plasma Simulation Lab. And I work with Ravi Santane.  So this is sort of a first venture into anything that's stochastic. And so this talk I had to pick an audience to direct it at. So I'm going to pick a CFD audience. I understand there's people from the stochastic community as well in this conference and some of the details might be mundane to you. And for that I apologize. So the reason to include thermal fluctuations into your usual macro scale deterministic system is that they do become significant in small volumes. So if you look at the relative magnitude of the density fluctuations, for example, in this Hartz-Pierre model, then they scale as one by the volume. And so one example of this, one illustration of it, rather is a molecular dynamic simulation where it's a nano scale channel. And then if you look at the fluid center of mass under the imposition of a forcing, they follow like a stochastic trajectory. And if you look at the PDF of the center of masses, they're actually Gaussian. The other situation is under microgravity. So this is an experiment they did in space and then said they took a mixture of two solutions, toluene and polystyrene. And then when they impose a temperature gradient, they saw that there were these huge fluctuations correlated in space and time that were developing. And this is about four millimeter by four millimeter and then 1.5 mm thick. So they are actually large in magnitude. So, and then the other stipulation is that thermal fluctuations might play a key role in triggering instability. So you wanna capture, if you're studying onset in super detail, then you wanna capture these. So this is the initial condition, a CFD result and MD result which captures these perturbations and then a fluctuating hydrodynamic system which does exactly the same. Just to show that, if you include fluctuations in your hydrodynamic model, you're able to do this. So that said, the overarching goal for me was to, this work was to develop a two fluid model and the numerical methods had to be developed from scratch and then we wanted a code which had a equation of state hook because we wanted to do this for liquids. The objectives for this particular talk would be for this set of work is to verify the equilibrium solution and then use it for our my simulations and then can we say something about what happens to the post shock growth rate in the presence of thermal fluctuations. The governing equations, we have our classic compressible navier stokes with the deterministic terms and then there's a divergence of a stochastic flux on the right hand side which models thermal fluctuations. So we want to extend our traditional CFD methods to stochastic systems. This is a divergence of a noise. It's not a noise which is external by itself. So we're not using collocation method and so on. So the equations look like this. This is your solution vector with the two fluid. That's the other species there and then your adeptive terms, the diffusion term and then there's a stochastic term. These SNQs are stochastic stress and heat vectors. We'll talk more about these later. The closure for the mean values is this and then the fluctuating terms themselves and magnitudes are given by these where these ends are basically your noise terms. And we look at how we set these magnitudes. But that's what the governing equation looks like. So a little bit more about the noise term. So how can we understand this better? I mean, is it even based on some sort of solid theory? Yes. So one answer which is also true for nonlinear fluctuations around a mean value is given by coarse-graining microscopic dynamics and then you will see if you go, if you crank through it that you can get the magnitude of the noise as well as the form of the governing equations which turns out to be exactly similar. Now, I have the details of this in my backup slides and if anybody wants to go into it, we can. The easy explanation which to illustrate is valid for linear fluctuations is Landau's framework which I'll just quickly show here. So what, so if you take a single fluid then your dissipation function is always a conjugate, a dissipative force, a dissipative flux times a force conjugate contractions of these. So then we have our Q and then temperature gradient and shear stress and then grad U. So Landau's postulate was, it was completely intuitive at that time which was later proved that dissipative fluxes are macroscopic manifestations of the microscopic degrees of freedom and therefore they have to be made fluctuating quantities. So then if you have our J as the fluxes here, you basically say everything is equal to a mean part plus a fluctuating term. In this presentation my delta tau and delta Q were denoted by S and Q respectively. So that was the key contribution of Landau's framework which works for linear fluctuations and how do we get the exact form of noise which is something people here might be familiar with. There are FDTs for this sort of thing. So basically what that says is a physical way of coming into peace with this is that if you have any thermodynamic flux which is a mean plus a fluctuating part then this is your standard phenomenological coefficient based relation which says how non-small disturbances relax and then random math here will give you this correlation function and so what the FDT says is it says these, the regression of this is related to these guys. So physical meaning of course on such as statement gives that the regression of the microscopic thermal fluctuations at equilibrium follows the macroscopic law of relaxation of small non-equilibrium disturbances. So preservation of this thing is kind of important when you design numerical methods. Okay this is again just exactly an illustration of how we come up with our equations. So you can, we know Fourier's law of heat conduction and then the constitutive model for a new tune in fluid so you can crank out your M alpha betas and so you can get your exact form of the noise where these z's like we saw actually absorb these noise fields here. So again this was aimed at a CFD community so if you recall these were the noise terms and there was a typo in the previous slide here, okay? So a Brownian motion is, if you're gonna look at how to, I'm gonna have a one slide about how to go about discretizing Brownian motion so it has probability of zero, a probability of one at t equal to zero and then increments are basically independent from each other, right? So if we had a function of a noise which was something like that then you would have to discretize your time in increments where each increment is given by that where this is the Gaussian noise and then so you will have several instances and then the average would of course give you the expected value of the function. Why we were looking into that because now in addition to your space discretization you also have to discretize the noise. So one D results for a single fluid and we were looking at equilibrium problem so mean flow is zero. We started with the fourth order method for reasons we thought we'd get better spectrum across mid-wave numbers. So we have our after method of lines discretization we have this thing, the numerical fluxes we used fourth order methods and if you take just the divergence of the stochastic flux at the term looks like this and where this cell centered stochastic stress and heat flux looks like that where this is your incremental noise term here that goes into it. So when we looked at the fluctuation spectrum for zero mean flow and we normalized them by the theoretical values and we were looking at the, okay this happened from, this was a Mac from Windows thing. So basically these are squared errors from the, and the x-axis is gone as well, okay. Squared errors from the theoretical values. So this is the row U, this is the row row and then this is the U, U. So we were doing and all the values are gone okay basically this was like 5%, that's I think comparable to this, these two are comparable, that's a shame. So I mean doing in the density fluctuation being within 15% is considered okay. So we were sort of convinced that our method was validated, I'm verified, sorry. So we looked at weak convergence with respect to expected values of the structure factors, this sucks, sorry. There's nothing I can do. Okay so these are the first order and second order slopes and we have for a few different delta T's which is like one picosecond and so on, which are really small and then what we found was that there was no gain with respect to weak convergence from the higher order method which was sort of obvious because I mean once you add stochasticity in your order of accuracy is gonna drop down and I hope that doesn't happen to the other plots. So then we moved on to RMI simulations for the two fluid case and we decided to drop our accuracies down to save compute time so we just decided to go with second order methods and then your cell centered, again cell centered, stochastic stress and heat flux looks like that. So okay so all my data values or axis values are gone. So we decided to first verify our code for the non fluctuating case against experimental values and so we picked up this experiment from Air SF6 case we matched the domain size, the wavelength, the amplitude of the perturbation, everything one on one even the location of the shock and the interface and so we looked at that's the simulation, the red line is the experiment and this is the interface location and then the non dimensionalized evolution of the amplitude and this is just a simulation result of the growth rate which is sort of standard to the linear theory that the first speaker just said and then qualitatively we can see time wise there's a pretty good match in terms of features and this is green cause the density value is not rescaled to show it as red in the simulations but otherwise everything was pretty nice. So we were pretty happy with our deterministic code with the stochastic code, thank God the axis is visible here, with fluctuations turned on then we picked up a problem which was smaller so that we thought there would be some sort of business, some sort of rational or reason or effect produced from including thermal fluctuations so we picked up a problem from this paper where they use DSMC to study RMI and so we again matched the system dimensions and the mach numbers and locations of shocks and so on and then we were of course we couldn't match the perturbation amplitude exactly cause they set up their perturbations in a different way and we saw this was their DSMC result and we are so we are pretty happy with and without fluctuation the fluctuations at this scale are not supposed to have any effect actually you have to go to like really you have to go to like one micron sized dimensions to see an effect, again so with the amplitude as well we are doing fine, we would do finer if we matched their A naught exactly so and then we see that the ensemble average fluctuating result is pretty close to the deterministic result which is what is expected so at least we have done things right in terms of including fluctuations into the model now so the future work, I mean I had some reserves but there was, so what we did is we shrank the size of the channel to a micron and so we are seeing some effects of the fluctuations but I just basically took the slides out cause we want to make sure what we are seeing is okay and then so what happens is the shock gets slowed down and so the interaction between the shock and the interface starts at a slightly later time and then the growth also changes and we want to make sure that that's actually a solid result cause it's sort of new and then we don't want to be putting something on there which is not, which doesn't, it's not at least properly explained so that's why we stand and I acknowledge the chaos supercomputing co-lab and then thank you, we didn't because the fluctuations coming from, so they did the DSMC study cause they wanted to show that DSMC can be used for RMI and then it gives the same universal behavior the fluctuations arising in the DSMC solution is because of statistical noise so it's not, yeah it doesn't make sense to compare, yeah had they sampled more which they were limited by computing time they would have gotten it down, yeah? Comparison with Yako's, oh yes, this one. Could you explain, seems to me not small difference but some future of the difference of the shape? Of the shape, yes, of course so if that's, some people have done like say ninth order compact difference and so on you'll get a better feature-based comparison so of course, I mean this is a fourth order and then if you dial down it to second order it becomes I mean the resolution of the features obviously I mean the quality of the features goes down so that's just, if you use a high order method you can definitely get good features but we were just looking for verification of these quantitative because once we, we're not chasing features per se we wanna, you know, build an FHD code, so.


Tube team keeping clean what's going on the same grave and here with another video Sorry for the the difference set up my wife. She's in the office caught us in there Doing his schoolwork as his school started at 8 o'clock this morning. So Jaguars y'all keep dropping these early morning bangers y'all got to chill out man. It's too early for all this I don't know what time zone y'all think y'all on but y'all on the East Coast So y'all got to wait till like 10 o'clock to do these moves at least after nine, but anyway the early bird Gets the worm and the jaguars show that that is true Except this early bird got the worm in the form of a pink slip. I was literally just reading the tweet from I think field Yates That said how is crazy how at this point in the right before the season the season is starting in less than two weeks Cut down day is Saturday by 4 p.m. I believe where teams have to get to 53 men on the roster So we getting there well after Saturday afternoon. It's regular season mold me But I was reading a tweet that said it's crazy how at this point of the season Jadavian Clowney Logan Ryan Snacks Harrison There was another one in there too. They didn't include a B's name But he's another one that you can throw in on that list But it named a lot of significant impact players that are currently free agents and now Leonard for net is added to the list Jaguars released him this morning. Of course yesterday Jaguars finally traded Yankee and Gagway to the Vikings and It's I Think this is like the last man standing. He was the last man standing from Not necessarily not the only player left from that AFC championship team, but sort of the last guy who Wasn't the biggest wasn't the happiest person in Jacksonville I you could clearly see that he was not a big fan of being there He was not happy that all his guys were going all his guys were traded away Because of course, they traded Jalen Ramsey last year. They traded Yankee and Gagway Telvin Smith. Oh boy That was just a mess because he retired abruptly and then we found out he was involved in some other stuff and Who else they traded Kaleas Campbell? They Traded the other AJ Buye. They traded AJ Buye. Wow My own miles Jack is still there miles Jack. He's still there for now. He's so we'll see how long that lasts but That's the last one Now Leonard for net is added to the list of free agents Leonard for net powerful back strong running back that would a few injuries over the years, but Leonard for net is still a huge they'd be a decent backup got some good sides to him and he Sort of like a Derek Henry type of running back where they they got that power. They're strong They get you them tough yards. Now. He may not be breaking one breaking no long or anything like that I mean he could but he ain't gonna be out running nobody like that But he'll get you them tough yards put him in goal line situations 32 33 and not to say that he can't do more because he obviously can he's been a thousand y'all back before but Leonard for net right now at this point of the season He's obviously not gonna be competing for no starting job It's gonna be something where he's a a depth guy backup guy whatnot. So we're gonna see what what happens to him It's gonna be interesting and I wonder if He could what if he went behind Derek Henry? That would make those Jaguars Titans games that much more special If he went behind there Henry because you dealing with this bruising back from a majority of the game Then the guy that spells him ends up being another bruising back And he gets to go up against his former team who he wasn't feeling and so, you know He's gonna run with a lot a lot more extra power and lecture extra energy and just that extra just Ferociousness me. I don't even know ferociousness is a word, but we just made it one today So we'll see what happens with it and for that. Anyway, just like him with the Jacksonville Jaguars. I'm out