reimbursements if your insurance company paid the provider directly for part of your expenses and you paid only an amount that remained include online one only of the amount you paid if you received a reimbursement in 2023 for medical and dental expenses you paid in 2023 reduce your 2023 expenses by this amount so you paid the amount they gave it back to you in the same year well clearly you didn't actually pay that amount you knew about it before filing the tax return which wouldn't happen until April 15th of 2024 or so and therefore obviously you could account for that however if you received a reimbursement in 2023 for prior year medical and dental expenses didn't uh don't reduce your 2023 expenses by this amount however if you reduce the expenses in the earlier year and the deduction reduced your tax you must include the reimbursement income in schedule one so this is where the funny possible problem could happen you got a reimbursement in 2023 of the premiums that you paid in the prior year now if you paid the premiums in the prior year then you possibly could have got a deduction for them if you didn't get a deduction for them possibly because you weren't itemizing or because you didn't qualify for the medical expenses part of the itemizing then you don't have to include the reimbursement in income in the current year but what if you did get a deduction for last year for these expenses and then you got a reimbursement do i have to go back and amend the prior year tax return to fix it because i actually got that reimbursed that would be more difficult know the easier thing to do would be to fix it in the current year by including it in income this is a similar situation as we saw with state taxes you get a state tax refund you deducted it last year possibly or if you deducted it on the schedule a and got a benefit from it you might have to include it in income in the current year so you could see publication 502 for details on how to figure the amount to include cafeteria plans you can't deduct amounts that have already been excluded from your income so don't include on line one insurance premiums paid by an employer sponsored health insurance plan cafeteria plan unless the premiums are included in box one of your forms w2 so if someone is having their health insurance through their employer and it's being paid then was it already reduced from their income in line one if it was it's if it's then then then you can't also deduct it because that would be a double dipping situation also don't include any other medical and dental expenses paid by the plan unless the amount paid is included in box one of forms w2 meaning it has to be something that was included basically an income and part of the plan in order for you to deduct it if they already reduced your income then that would be that they already basically gave you the deduction by not reporting it in income rather than putting it in income and then taking the deduction which by the way is better if you can get that situation because it's likely that most people won't be able to deduct it as an itemized deduction on schedule a either because they're not itemizing because they don't have deductions over the standard deduction or because of that 7.5 percent the limitation that they have to clear the floor of the adjusted gross income


And I think it for advertisers is going to create a massive opportunity where so many users are going to be present on a single platform at a free of cost. It also encourages advertisers to engage or it poses an opportunity for them to engage with the platform of course, poses an even better opportunity to get more interactions with their fan base consumption is definitely expected to go high increase during this time as what we have seen previously more importantly with the amount of inventory that opens up with such a huge user base advertisers will have more options at their hand with all targeting etc etc that that comes with it and that that I am sure will have I am sure the media planners that plan during IPL or for visibility during IPL it will give them a lot of options to sort of target you know sort of target give give more avenues to reach out to audience and you know maintain a lot of contextuality as well oh absolutely CTV has been an integral part of all advertiser plans and campaigns that happen if you've seen the shift in the last two three years the shift has not just been exponential it also provides you with a much wider screen in addition to which the quality and overall experience as compared to a TV is much much more richer advertisers have started realizing that as well and then they are sort of taking steps towards making their presence as well with with connected TV and TV now or other with the 500 million base which is which is what we're talking just now it is expected to go hand-in-hand or you know head-on take head-on competition with TV that during during the IPL there I am sure there will be a huge amount of audiences who will connect on both the app as well as the connected TV yeah so it does it definitely does allow a lot of measurability and that's that's that's where digital goes sort of ahead of TV I think the whole 500 million that comes on and I keep repeating the number here but this is going to directly challenge TV in terms of not just being or presenting visibility or just being present but also to be able to target them effectively and by that using you know trying to focus them on moments that come in and sort of customization that comes in it definitely have a much much more impact as compared to a normal linear TV that happens


Neither enlightenment nor endocrinement describe what it is. That's why people said nothing. When they said nothing, you thought they are dumb. They said nothing because they knew whatever they say is bound to be wrong. So you need to understand this. Whether we talk about enlightenment or endocrinement or whatever else, we are only talking around it, never it. We're talking around it to bring you closer. Instead of talking there, you talk here. So the talk draws you closer. Close is not in, I'm almost there. It's not a good place. People who continuously fail in their lives, they always have this thing, I almost made it. Almost made it is not a good thing. You made it, you did not make it, that's all there is with life. So is darkness, do you know what is darkness? You do not know what is darkness. To some extent you have a context for the light. You know light to some extent, not wholly to some extent, because you have never travelled with light. Nothing travels as fast as light. A few months ago, the European scientists who always been living with a wound in their hearts, that Einstein, an American, an American, he came out with this theory that they cannot disprove. So two months ago, the European scientists came up with this thing, that they found neutrinos which travelled faster than light. And about five days ago, they came out or they admitted or somebody made them admit that there was a mistake in the measurement because of power outage. Because of a power outage, they mismeasured the thing and they thought neutrinos are going faster than light, but nothing is going faster than light as far as we know right now. But darkness is going faster than light, because darkness need not go anywhere. It's everywhere. Something that is everywhere at the same time is definitely faster than that which travels, isn't it? Do you understand what I'm saying? Something travels from here to here, fast. But something is here also and here also at the same time. It is definitely faster, isn't it? Don't clap, this will not win me a Nobel Prize or something. Now, you don't know what is darkness. That which you cannot perceive is darkness, isn't it? That which you cannot perceive is darkness. But there is no such thing as darkness. There is something called light, but there is no such thing as darkness. All that you do not know is in the dark, isn't it? All that you cannot perceive is in the dark. If you turn off the lights in this hall, you cannot see what's in front of you. So you are in darkness. If you could see, you are not in darkness. How you saw, whether because we turned on a light from outside or you managed to see by yourself, still darkness would not exist. There are many, many creatures in the forest which are right now foraging around, hunting, waiting for dinner, having dinner, doing so many things, no electric lights. You ask a tiger, what is darkness? He says, where is darkness? There is no darkness for him. He sees well enough in the day, he sees well enough in the night. Do you think in his experience anything looks dark? Nothing is darkness because darkness never existed. That which is not in your perception is darkness. So we said Shiva is the dark one because he is that which you're yet to perceive. What you're yet to perceive is darkness. What you have perceived is light. So we prefer to call realization as enlightenment. It's definitely more appropriate because it's something that you have seen. Something that you have not seen is darkness. We cannot refer to one's realization to something that one has not seen and what you have not perceived is a much bigger dimension than what you have perceived, that which is not which we are right now referring to as darkness. See right now it is not the light which makes you see. I want you to get this straight. Now you can see this little object not because of the light, because this object reflects the light otherwise you wouldn't see. Suppose this did not reflect any light light passed straight through this you wouldn't see it. You are not seeing the air but if there is dust in the air you can see it. So you are not seeing something because of light. You are seeing something because something stops light. So that which stops light is what is in your perception. That which stops light is in a way anti-light, isn't it? Anti-light should be darkness but it is not. Darkness doesn't care. It allows light to pass through. Nothing happens. Light is powerless in darkness. Please see. Only if there is something which stops the light light is an effective force.  So the whole process of spiritual process is just this right now you are relevant you as a life is relevant only because something stops you. You don't like that. Let me put it in context for you.  If you stripped you if we stripped you of all these things it's irrelevant, isn't it? But if you exist in that irrelevance instead of living in reflected glory if you learn to live in this irrelevance suddenly you find there is something so phenomenal Brahmacharya means just this to make your life irrelevant no context simply here there's nothing that you bounce you can bounce yourself off no relationships no friendships no belonging no nothing simply if you learn to live like this then the very boundless will open to you right now you're bouncing off petty particles and these petty particles are giving you some relevance but if you stop seeking that relevance and simply sit here you will see a boundless nature which doesn't need any context exists within you so that we can call it darkness we can call it Shiva we can call it Brahman we can call it whatever it is that boundlessness it is only when you touch that boundlessness you have a taste of freedom till then your very existence is relevant only because you're bouncing off something if there's nothing to bounce off you are like light light is irrelevant if nothing stops it even if you have a very powerful light if nothing stops it it's irrelevant because nobody will feel it only when something stops it it becomes relevant so the delightment I'm sorry enlightenment these are just words something we have to use some word from now on we will replace the word enlightenment from boom boom when I say boom boom it means enlightenment if all of us start using this word boom boom boom boom what? boom boom boom so these are just words


Good evening. Welcome back to theCUBE's coverage of day one of Snowflake Summit 22 live from Caesars Forum in Las Vegas. Lisa Martin here with Dave Vellante. Dave, we have had an action-packed day one. A lot of news coming out this morning. We've talked to Snowflake folks. We've talked to partners. We've talked to customers. A lot going on today. It's our light day. Tomorrow even gets more intense. I know. I'm a little scared. We've got another partner of Snowflake's on board with us here. Please welcome Siddiart. Let me get this. Chaturvedi, president and executive board member at LTI. How did I do? Very well, actually. Welcome to the program. Tell us a little bit about you and then talk to the audience about LTI and what you're doing with Snowflake. Sure. LTI is a global technology consulting and services firm. We had called it out of India. We're part of a large conglomerate which is over 80 years old. Our founders were two Danish engineers who came to India and were essentially stuck when World War II broke out. And they created a company that's lasted 80 years. So we're very proud of our heritage. We come from an engineering background. And frankly, what we do with Snowflake is really bring that engineering DNA to Snowflake. So we've been a partner of Snowflake. We're an elite partner of Snowflake. And we work with them across all regions in the world, actually. 50 plus customers today. So we have a great partnership with them. And I have a note here. It says you're the GSI delivery platform partner of the year. Congratulations. What does that entail? What are the requirements to get that award? Yeah, I know we are very proud that we are the delivery platform partner of the year this year. We were the innovation partner of the year last year. So it shows the journey from innovation to execution. Ensuring delivery. I think what it entails is that we've been recognized for leadership and excellence in executing Snowflake programs at scale. The migration programs and the implementation programs that we've done for customers across the globe. How did you take us back? How did you first find Snowflake? When did you decide to lean in as a company? Oh, it's a great question, actually. In fact, we went public as a company in 2016. And at that time, there wasn't... Let me hurry up a little politely. People weren't expecting that much of us. They thought we'll be one amongst many other companies. And we decided that we'll vector the company on data, digital, and cloud. And we'll make bets on partners that are perhaps unknown at that time. So in late 2017, early 2018, we started partnering with Snowflake. And since then, I must hand it to Snowflake. We have a phenomenal partnership with them. I just met Frank this morning. Chris Degnan is their Chief Revenue Officer, Colin Capasio. And all of these people have been tremendous in terms of how they work together with us across the world to bring what essentially is phenomenal technology to our clients. What was the allure back then? It was cloud data warehouse, simplified data warehouse. Technically splitting storage from compute, infinite, blah, blah, blah. Was that the allure in saying... Or did you have a broader vision? No, I think what happened was clients were struggling with data, because data and applications in our world were very tightly intertwined. And they weren't really leveraging data for making real-time decisions. So the moment we saw the promise of Snowflake that you can create true data on cloud, which all data on cloud, what Frank was talking about this morning, and it's available in real time, and you can do a lot of things on it, we said this is technology of the future. Truly is, because it's separated storage and compute. It did many things that were not possible before. So I think the thing is when you see promising technology as a GSI, you always wonder, should we wait for it to be proven before we jump in? Or should we jump in right up front and help them prove the model? And we decided to take the first approach where we jumped in right up front. And I think that's helped us. Jumped in head first, pandemic hits, they go public, lots of stuff going on. Talk to us about how you're leveraging the power, this flywheel that Snowflake has created that I think is just getting bigger and faster. How are you leveraging the power of the technology to really deliver business outcomes for clients? That's a great question. And the thing with our initial focus was to get people onto data on cloud and with Snowflake. But now it's really around driving business outcomes from there. So we have a suite called Phosphor, which is a data to decisions product suite, which is Snowflake ready. We've also launched Polar Sled 2, which is based on business outcomes. So what we've done is we've actually created about 155 North stars. So various industry sectors, what business outcome do you want to achieve? We call that a North star. And then we say, how do you achieve it with Snowflake? So what we're doing is we're saying, let's achieve the business outcome. That's going to drive more consumption. But essentially, we live in a difficult world as increasingly difficult world. So we want to help people take better database decisions. What are some of the more interesting ways in which your clients are using Snowflake? Yeah, I think when I look at, for example, we have a client in the financial services sector who was struggling with, they're one of the largest asset management and fund management companies in the world. They're a household name. Everybody knows them. They probably have an EFT or some sort of 401k with them. And what they were struggling with was to say, how do I actually get various sources of data together in a way that I can make better fund management decisions? Because otherwise, it was left to a lot of very traditional equity research reporting and fund managers taking their expertise. Here, the data from multiple sources being available, running some AIML routines on it, were able to show them patterns in various asset classes on investments that they hadn't seen before. And now that they've jumped a headlong into it, there are 15 of their units across the world are using it now. So I think the power of once you see data in action, it's almost like the super power that smart people get. It's like, yeah, I know. You suddenly arm them with so much more than they had previously, and then they get so much better at what they're doing. And ultimately, consumers like us benefit from that. So that's really where we want to go. What's LTI's best sweet spot, where you go into a client and you know, wow, this is a perfect fit for what we do. Yeah. So I would say banking and insurance is 47% of our business. We really understand that business extremely well. The other aspect of LTI is because we come from a manufacturing heritage. We've had that as well. And media is something we've done more recently. So we've got media cloud along with Snowflake. So I would say these are the sectors that we've been very domain focused as a company. We've said domain-first technology will work with whatever technology the domain needs, but that's really been helpful to us. And this is where that whole point of North Star and Phosphor comes back in, which is today, I think without the data on cloud, you would have never achieved the kind of outcomes that we are able to achieve with our clients. How did you feel about the recent sales pivot that Snowflake has made in terms of retail, but also healthcare and life sciences? Talk to me about that and is that enabling your joint customers to really leverage that? Yeah. No, I think it's very exciting. We are working with clients on that. They like the new model. They're looking forward. I think what clients are now doing is they're putting data perhaps ahead of, even in these times where people are looking at, we're seeing seven or eight very difficult macroeconomic trends. People are wondering, clients are wondering, what's this going to mean for their business in the future? They're looking at spends and saying, what do I prioritize? What I find is that that data spend only goes up. Our own data practice has grown fourfold in the last six years. It's been just an exponential growth for us. And essentially, Snowflake is our largest bet in that space, even over every other technology that's out there. So I think clients, when they see that combination over how Snowflake is changing and what we can bring to them, I think the model works well for them. You know, ecosystem is one of the areas that we always pay attention to. You can see, just look around. I mean, you compare 2019 to where we are today. What's the importance of ecosystem to LTI and how do you see it evolving? That's a great question. I think in About a Boy, Hugh Grant says, no man is an island. And I think the same thing applies for companies. Any company, no matter what size they are, if they think that they can do everything themselves, they're not going to be successful in the long run. We believe that the ecosystem of partnerships is what drives all the best outcomes for our clients. And our clients expect that today. They want best of great partners to work together. And the thing with an ecosystem is, no one person can dominate an ecosystem. The customer has to be at the center of the ecosystem, and then everybody in the ecosystem is actually saying how best to serve as the customer. So I think if you have that kind of customer centricity and you understand that ecosystems, on your own, you'll never be as good as an ecosystem. I think you nailed it. But it requires a partnering ethos. And that's what we really like about Snowflake. Such a strong partnering ethos. I keep telling people, if I text or message Chris or Colleen, I'll get a response within 15, 20 minutes. That's invaluable when you're trying to do great things for your joint clients. Sounds like there's a lot of synergies there around the customer obsession, customer centricity. Absolutely. I think responsiveness in today's world is key. I think the first people to respond, even if it's to say, you know what? I hear you, I'm going to get back to you. I think people love that about you. It's easy to say customer centric. It's difficult to actually practice it in real life. And we believe that for us, responsiveness is the key. We'll respond no matter what time of day or night. And the other thing is we'll respond even with our partners. We're not going to respond on our own and then bring everybody else along. Even things like, I don't know this, but I can refer you to a partner who can help you do this. That's also a response. That responsiveness is so critical, especially in this day and age, where I think one of the things that was in short supply during COVID and one of the many things is patience and tolerance on us as consumers in our business lives. So being able to respond, even just to say, we're checking, don't know yet, that builds trust between organizations with customers. Absolutely. In fact, even the first year of the pandemic, we grew 9.5% year on year. In India, we were the fastest growing company that year. And if anybody asked me, why did you grow 9.5% when the industry grew at minus 1% in that financial year? I think it was the speed at which we responded between February and June to client requests. We responded even before. I was in calls from 12, 13 in the night working with clients to say, okay, how do we fix this? How do we change this? How do we stop doing something? How do we cut costs? Whatever they needed. And what we did in the first three months actually helped us or first four months when the first wave of the pandemic really hit. Actually, clients were like, these guys were on our side when the times were tough. Let's sort of bet on them. And the data business actually grew. And I keep saying this, whenever a big macro trend hits, when there's more uncertainty, people look to the data because your judgment and experience is no longer applicable. Nobody in the world had any experience or judgment that could be applied in COVID times. So you need to now look at the data and say, okay, is the data telling you something that I would never come to know based on my own experience? And I think this is what I call the real database decisions is no company in the world will say we don't do it. But I think today's world, we are seeing real-time data decisions being taken. We see it in the supply chain all the time. We see it and how banks are processing interest rate rises, et cetera. It's the speed at which they're acting would not be possible without a data-first kind of approach. Right. And it has to be real-time these days, every organization. That's no longer a nice to have. No. And data is getting out of date also so quickly. I mean, in today's world, with the war in Ukraine, I think the first thing we realized was that almost every parameter on commodity, whether it was oil or steel or shipping or whatever, it changed so rapidly that the only way to predict, many of our clients were not able to tell their customers when they would be able to deliver products and service or products, especially manufacturing clients, because they just didn't know when they would get their materials and get their parts, et cetera. And we use data to say, okay, let's at least establish a base on which, because clients get disappointed, more customers get disappointed when you don't meet a delivery date. So we wanted to say, let's make it more predictable, even in unpredictable times. So we're able to manage expectations. We're able to do that better. Without the data, there was no way it would have happened. There's just no way. And frankly, for us, Snowflake is the reason, for us, it's our biggest bet in the data space. And that's how most of the work that we're doing, it's a pleasure. And in fact, I'm just headed to a manufacturing event that our team has organized, which is with Snowflake on data on cloud for manufacturing clients. So we've been slightly behind the curve compared to some of the others, but now seeing the promise and saying, hey, let's go for this. There's a tremendous amount of potential. We're only scratching the surface. We thank you so much for joining Dave and me on the program, talking about LTI, the power of what you're doing together with Snowflake. We'll let you get to that manufacturing event. Thank you so much. It was lovely to speak to you. Thank you so much. Likewise, my pleasure. For our guests and Dave Vellante, this is Lisa Martin signing off from the show floor of Snowflake Summit 22. Day one coverage is complete. Dave and I look forward to seeing you bright and early tomorrow for a jam packed day two. Thanks so much for watching. Take good care.


My name's Len Crocombe with the Centre for Research Excellence in Primary Oral Health Care and this is a group between three universities, the University of Western Australia, Tasmania and Adelaide and we've been looking into the oral health of Australians and how we can make it better. We know that rural oral health is much poorer than it is in the capital cities and there's a few reasons for that but one of the reasons is that there's much poorer access to dental care and there's a much lower number of dentists and other dental practitioners in country areas than city areas so we wanted to look at why, what would attract dentists to move into rural areas and what would make them possibly more importantly what would make them stay there. We looked at through interviews, a literature review and are going to do a survey to look into, to ask the practitioners themselves why did they decide to move into a rural area or why did they decide not to move into a rural area. The most interesting thing was that there hadn't been much research done in the past at all. Any research that there had been was along the lines of using medical practitioners and saying it would be the same for dentists and of course we are different. The main thing that we found that the big factor for moving to a rural area was that it had to be viable. The practice actually had to be viable so that was the big hump that you had to jump before anything else could be considered and so government schemes financial schemes might attract people to move to rural areas but it didn't get them to stay in rural areas. To get people to stay in rural areas was a completely different set of factors and those set of factors were basically more social ones also was to do with education. It was to do with occupation for the spouse and the social things about being part of the community rather than feeling left out. Rural Health Workforce Australia, they were extremely interested in the results which came out and basically were using that as part of the process to try and get the dentists that they actually get to move to rural areas to get them to stay there.


Let's go over to our man, Mr. Basil Chapman, as we do each and every Tuesday at 20 past the hour. And don't forget, folks, Basil does an outstanding show here every trading day from 12 to 1 Eastern standard time. Also, it's a great newsletter, the opening call. Very easy to get the opening call. Come over to our website at TFNN. You'll see the opening call. Go into the newsletters. You'll see the opening call right in the top row. You can get the opening call for one month for $128. You can get it for six months for $5.95, which is a savings of $173. You can get it for a year for $9.95, which is a savings of $541. They all come with a 30-day money-back guarantee, folks. Get everything to win and nothing to lose. Happy New Year, Basil. And a happy New Year to you and to the entire TFNN team and to our listeners. Let's, as you like to say, let's make it a great one. That's right. 2020, man. Can you believe that? It's just ours and it's amazing, isn't it? God, seriously. 2020. I love it. But it's like 2020, man. Holy cow. The reason why I like 2020 and the decades after that is when you look back, it's so much easier to say, what do you say in the zeros? You say back in the zeros, it just doesn't make sense. Even back in the teens. Once you say the 20s, it's a number you can latch on to, but it has a ring. We'll see all those folks that are going to be 20 years old this year or 40 years old. That's going to be kind of cool. That's it. That's right. Okay. So let's do it, Basil. Stay in the decade. What are we going to do here? We're wrapping up the year and it's been a very strong year for all the indices. You know that in my work, I like to look at the fourth highest peak from the low bar and I count the waves and that fourth successive peak is called the peak D. You start at peak A, then peak B, peak C is the third, peak D is the fourth. It can go higher, but it's at D that other things can happen. And you can see here, we made in the Dow, 28,701, we made a peak D. So that's a warning to me to say I've got to be a little careful here. So for subscribers to my opening call, we actually took a position yesterday on the short side, just a starter position in the Dow. But you know, I keep talking about this, how important these are my work on the technical side to look at the nine and 14 period moving averages. And you can see there was a moment back early December where there was that sharp decline and we went from this high bar right here on the 27th of November at 28,174 plunged and gapped down. The big red candle goes underneath the black line, that's the 14 period moving average. The green line turns down and it plunges down to the 27,325 area on the third. And then it gaps up and it makes an island reversal and then gaps up again. And what's really important about this, you can see how close the green line came to crossing negative and that for me would have been a tip off to say, yep, on the daily, at least we've got a cell signal, probably going to a cell mode and a deflected higher and look, it stayed higher all the way through. Now what I'm looking at is it's flattening out. But it's still to get this green line, this is the daily chart of the Dow. I could have anything up here, but I'm using the Dow for the moment. To get this green line to cut underneath the black line and change color to go pink, which means it's now in a declining mode. I would say you need, even from right here, where we're about unchanged at 28,450, I think you would have to drop at least 350 to 400 points to get that decisively under it. So to me, so that says at this particular moment, we've got some residual strength. That's all it's saying. And it says, if you want to be looking at the downside, you've got to be a little careful because there's, I'll call it selective technical support. There is still some residual strength. So what's fascinating about this is if I go through the S&P and the S&P right this moment, which was Dow sharply earlier on, now it's up to, you can see it held the green line. For this green line, which is even stronger than the Dow green line, that 9-period moving average above the 14, it would have to go somewhere around here at 3190. That's 30 points. So that's like the Dow, as I said, over 300 points down. So far, that's residual strength. So I'm anticipating that we're in the process of making some kind of a top on the shorter term. But it's not going to be an easy thing because there are still a lot of people that are looking at the upside and it needs to conclude. But at the same time, I'm thinking that January is going to be a really choppy month. I believe it has limited upside in all the indices. And for the downside, it's step by step. So if the Dow had to close at any point in the next two weeks, underneath 28,000, 228,000 under that support level, start to get back into the 27,000, then the daily chart is saying, OK, it's now in a sell mode. And the weekly chart, you can see how strong it is. It's only at a peak C. So that has a lot of support all the way down to the 27,800 area. So I think it's going to be a process that starts in January, that we've got some kind of a topping action. It's not going to be easy for the bears. And I don't think it's going to be easy for the bulls. It's going to be sideways to very choppy. My thinking is it's going to be slightly lower highs after about early January, about the first or second week of January, and then start to increase with slightly lower lows, and then the lows just start to expand. So that's my outlook. And what's very important to me is today is actually the anniversary exactly a year ago on the 31st of December last year. We bought a Bank of America. We've had other positions in it, but we still have a core position from the 24th. It's trading right now in the 25th area. So that tells me that as long as the banks are holding well, I think that is very important because the banks were dismissed for a very long time. But I think bookkeeping-wise, they've done everything that the Fed is wanting them to do. And every major market top has had something desperately wrong in the banking area. And at this particular point, I think we're headed towards that way, but they are still strictly doing things by the book. So I think they're okay. And I think that you can see by Bank of America, very strong legs see at all-time highs in the monthly. I think that's a good sign. I'm waiting for Goldman Sachs to sort of get going and become a leader as it has in almost every big major bull market. That's the first time Goldman Sachs is just on the sidelines. You remember, there was a year, I think there was a year that they had like three losing days or something. You remember when they were the traders? And what Baz was talking about, three losing days in the trading business, folks. And that's like sick. I mean, it's almost inconceivable. Mathematically, I don't even know what formula you'd use. But anyway, so they haven't been participating. Yeah, just so that what happens there is that that's like you or I are the people listening trading. What happens is that they get the auto flow coming in. They have the inside story. So they're making, well, they get the auto flow in both ways. So they're making a spread. So the banking system, folks, is a different type of trading. I mean, they're hoping that they already have it sold before they even buy it. Correct. So in other words, the position, they're kind of locked in the position. Yes. Immediately. Right, right. But there's no doubt that they printed money beyond belief. And that changed when there was a lot of legal action. But I suspect that they'll be back. And that for me would be a clue. Another big clue for this coming year is the IAI. And that's the iShares Broker Dealer Index. And they haven't quite made an all-time high yet, 70.58 back in March of 2018, come really close. And I think that we've got to keep our eye on that. Because if they start to break out, get to the 73s, I think a lot of the public will be coming back into the market. Right now, they're digesting big gains. Folks, we're kicking into 2020. Basil, you have a great one. Safe one. Let's see how I'm going to speak to you in the next decade. How's that? Next decade, I'm looking forward to it. Okay, Basil. Thank you so much, man. Have a great one.


Hello, I'm Anne-Marie Burkle, the acting chair of the Consumer Product Safety Commission. We are announcing today that Kids2 has agreed to recall 694,000 Kids2 rocking sleepers. This involves all of their models. Since 2012, there have been five infant deaths involving Kids2 rocking sleepers after infants rolled over while unrestrained or under other circumstances. I'm urging parents to stop using this product immediately and to contact Kids2 for a refund or a voucher. You can contact Kids2 by phone at<PHONE_NUMBER> or online at www.kids2.com. I want to be clear, this issue has been a top priority for the agency. CPSC has been investigating incidents and analyzing the data regarding how they relate to this product. And in addition, the CPSC is continuing to actively evaluate and examine inclined sleep products. I urge consumers to report any incidents with inclined sleepers and any other nursery products to CPSC at saferproducts.gov. I know some parents want to continue using these rocking sleepers. Don't. Stop using them right away.  Thank you.


So much of my identity as a sick, a 23-year-old woman and a brown person in this country is linked to fear. Over the last several years, I felt the continuing need to verify and justify my existence as an American. So much so that I found myself doubting my own identity too. And yet there is one emotion that has helped me push back against all of this negativity. Love. I remind myself constantly that it is out of love that I question. Because I believe that we all should do better, that we all deserve better, and that we all can be better.


The Equitable Life Assurance Society presents this is your FBI. This is your FBI. The official broadcast from the Files of the Federal Bureau of Investigation. Presented as a public service by the Equitable Life Assurance Society of the United States and the Equitable Society representative in your community, H.O. In a few minutes, two Equitable Society policy holders will tell you how A.H.O. saved them from a mortgage foreclosure. A.H.O. means assured home ownership. It's the name of a home-saving plan offered by the Equitable Life Assurance Society. It combines a low-cost first mortgage with life insurance protection. So listen carefully to the Equitable Society's middle commercial. You'll get full information on this ideal plan for homeowners offered by the Equitable Life Assurance Society of the United States. Tonight's FBI file, The Hungry Wrestler. One of the first axioms a child learns in school is that honesty is the best policy. It is unfortunate that as those children grow older, they become more cynical and begin to doubt the inherent truth behind the maxim. The proof of that is contained in the figures gathered by the Federal Bureau of Investigation. Figures which showed that the people of the nation were swindled out of millions upon millions of dollars last year by confidence men of every description. It is a saying among those confidence men that you cannot swindle an honest man. That has been found to be true because every swindle is predicated on one thing. One buildup which is that the ultimate victim is led to believe that he is getting something for nothing. Your FBI therefore offers one piece of advice. Advice which can well be used as a yardstick if you are approached and asked to make an investment on which you will receive a tremendous return without any labor on your part. Examine it carefully and through your examination remember one important thing. In return for nothing, you'll get nothing. The night's file opens in a shabby second floor gymnasium located in a large eastern city. A man stands beside the ropes of a practice ring while a wrestler works hard trying to get into condition. Oh, that's so good Carl. Do what the way I told you, boy, from the diaphragm, the diaphragm. Oh, ladies. Look, you've got to sound like you're hurt like you're dying. Oh, don't just lay there scream.  What goes with this? You mean how do I have to find myself in this temple of torture? Yeah. That large unbeengly boy there happens to be my property. Him? Yeah.  Well, he looks horrible. I'll give you that. How did you come up with him? That last tent show I was with Brandon to an embarrassing situation. He came and there was nothing in the damper. I was off at my choice. It doesn't crack cupidals or him. He didn't have much choice. And made the wrong one. What a behemoth. He wakes up hungry. He's hungry all day and he goes to bed hungry. But why don't he eat? Oh, dear boy, that's in spite of eating. But what's that he's doing now? Practicing. Wouldn't it be better if he practiced with somebody? Oh, he might get hurt. It's a bitter experience that the horrible Huzar is only as red when holding an ape in pork.  Well, look at that face and tell me if you could walk out on him. Those eyes like a frightened St. Bernard. Look, forget him. What I've got an investment in him. How much he has stuck? Everything I possess. Then maybe I'd come along at just the right time. Well, what do you mean? I come here because I've got a proposition for you. Fernando? Yeah. Do you remember Al Adams? Oh, vaguely. That's what? We've got a touch. We've got nine grand a piece from him on a lost job. Well, you, uh, interested? Well, that depends on the proposition. Well, it can give it to you better than me. Why don't you come along with me and see him? Right now? Yeah. Well, that was excellent, my boy. Excellent. Look, I have to make a business call. I'll be back recently. Keep practicing, boy. Try to make all your streams like that last one. Well, that would be kind of hard for us. Why? Well, that time I bit myself. Meanwhile, at the local FBI field office, Special Agent Jim Taylor is in the teletype room when Agent Tony Webster enters. Oh, hello, Tony. Did you get my note? Yeah. What's up? A new swindling case. Aw. Come on, let's walk back to my desk. I'll give you the dope on it. All right. What kind of a swindle, Jim? Oil. Oh, well. Odd waste. Well, how come this office is in on it? Well, the Oklahoma City Office apprehended a man who confessed to being part of the trio that put over this swindle. Oh. When he was questioned by our agents, he gave them the names of the other two men and said that they were headed this way. Who are they? One of them is named Al Adams, and the other is a Ralph Hudson. Any description? Yes, complete. And they've both got previous records. I assume you've already sent out an alarm on them. Ah, just a few minutes ago. Well, what's the story on this swindle, Jim? Oh, I haven't got the details yet. I was waiting for another teletype on that. The Oklahoma City Office said they'd send one on as soon as they finished the questioning, huh? Look, instead of waiting around here for some word, Tony, let's go out and see if we can find them ourselves. Get the professor a chair. Okay, Al. Have a drink, Professor. I never imbibe before discussing any financial matters. That's a good idea. Here you are, Professor. A nice, comfortable one. There you go. Ralph told me you had a proposition that might prove mutually advantageous. That's right. How much did you tell him about the deal, Ralph? Not a thing. Well, then let me give it to him quick. Professor, you pose as a professor. Pose? I'm sorry.  Roger, could you please follow me? You ask the librarian if he has any very old books about the beginnings of the town. Usually they've been stored down in the cellar with a lot of other jobs. Yes. You go down there and plant a book. What kind of a book? I'll give it to you before you leave. It'll be a book about the early history of the town.  I'm afraid you've overestimated my resources. Oh, I'll put up the money. Oh, no, it's plenty, it's plenty. Now, after you've bought the property, Ralph goes around and spreads the rumor that you found a book in the library that told you where there was oil. Do you see, Professor, the book says there's oil on your property. Oh, very clever. And just to make sure of the score, I come to town and say I'm from the Federal Bureau of Geology. I've heard about the oil and I want to check. I check and I say it's there. Then you sell and we leave town. How's it sound, Professor? Yes. Yes, it's a wonderfully controlled idea. Would you like to join me? Well, I am not sure today. Can at the present time? Why not? I can't travel. Why? You met the reason earlier. The horrible bizarre. What's that? A wrestler. My wrestler. And if left unattended, I'm quite certain he would starve today.  Where will he live? Professor, from what I've seen of that bum, you can bought him in a kennel.  Well, if he's properly fed and sheltered, I'll accept the deal. The Mr. Adams of the Federal Bureau of Geology? Oh, oh. Oh, even better than you hoped. My telephone hasn't stopped ringing all day. Sounds like Ralph did a good job planning the rumor. Yes, indeed, yes. What did your customers want? Oh, some of them said they wanted to buy the house. Some of them said they wanted to buy the land. But... I swear they're disheartening, Al. What? The dishonesty of the average citizen. Just proves the old theory. Legitimate people can't be trusted. Yeah. Well, when does this enterprise reach a monetary basis? How many suckers would you say? Oh, I guess about 50. Tomorrow? They take deposits from everybody and then they leave town. Pretty smooth. Oh, the telephone gave some more details of the man they arrested. Which part did he play in this window? He was the phony professor. It appears that his confederates double-crossed him. How? Well, his arrest came about from a supposedly anonymous phone call. It was traced to the hotel Woodbury. In Oklahoma City. That's right. Well, after our office arrested the so-called professor, two agents checked at the hotel and learned that Al Adams and Ralph Hudson had been staying there. I guess they wanted a larger share of the profits, huh? Sounds like it. Well, what do you think we ought to do now, Jim? Well, my guess is that if the two of them came this far, they're probably here to work. That's logical. Now, in the previous job, they set up this window in a little town outside of Oklahoma City. They'll probably follow the same pattern here. And I think the thing to do is send the alarm out to every small town in this area. So let's do that now, Tony. And maybe by morning, we'll get some results. Can you ask me to come in? All right, come ahead. How did you know where to find me? Well, I went to where you still live. They didn't know where I went? Oh, yes, they did. Oh. Oh, you sent a package there for yourself, remember? Yes. Well, you put this address on a package. Good heavens. I double-crossed myself. Aren't you glad to see me? No. I'm glad to see you. Stop looking at me through those shaggy eyes. I miss you. No, that's very touching. Is that why you came here? No. I was hungry. Well, I can't do anything for you. I'm in the middle of a very important business transaction. But I ain't had all day. I can't help it. You'll have to go back home, Carl. Well, I can't until I tell you. Tell me what? What I come here for. I already know you're hungry. Well, I've got something else to tell you. It's more important even if I'm being hungry. More important? Well, yes, I want to hear. Sit down, old faithful woman. Tell me your tale. Now, did you tell a professor we were coming out to see him? Yeah. How much has he collected so far? Eleven thousand dollars. It's a very happy number. Yeah. Yep. He worked out okay. Good enough to keep me awake. No, no, no, not that good. It's still better cutting it two ways. Why don't we blow a whistle on him? As soon as we collect the money. I don't like that part. Collecting? No karma, cops. It makes you feel kind of crummy. Huh? Would you like to give him half of your cut? No. Then we'd turn him in. He ate at the house up ahead there? Yeah. Better let me do all the talking. What for? Then we'll be sure to get that eleven thousand. Come on. I'm staying here. Oh, stop sulking. You can talk too. Come on. We should have brought a van. What for? To carry the money. Oh, that's the least of our problems. What is this? Huh? This door is locked. Maybe a sucker showed up. Maybe he's not showing the property. Wait a minute. Why? There's a note stuck on the door. It's addressed to us. For what to say? Wait till I open it for you. Well, dear Alan Ralph, I've been shooing a pencil seeking a suitable proverb. I've tested and discarded such tried and true proverbs as read upon the waters. Don't bite the hand that feeds you. Instead, I've coined one of my own, namely, never undersell a horrible hasar. What's he talking about? I don't know. This faithful illiterate weak from hunger. Bird dogged his way here to tell me a story he'd picked up about your previous partner who, due to your deceit, found himself languishing as a rather permanent guest of the law. I checked and found this tale to be true. Fearing that history might repeat itself, I hastened to dissolve our partnership. What? Inasmuch as I was the only partner present at the time of the dissolvement, a horrible hasar voting as your proxy deeded me the eleven thousand dollars. Farewell. We will return in just a moment to tonight's file which shows how your FBI protects American citizens and American homes. Now, a word about another type of home protection. A typical case from the files of the equitable life-assurance society. Let's hear what Mr. and Mrs. Harry Freeman have to say about us in their own words. At one point, my employer went out of business and I started to pound the payments looking for a new job. Things were a little slow then in my line and it took me almost three months to get located. In the end, we didn't know where the money to meet our mortgage payments was coming from. I was worried sick. Then suddenly I remembered that my mortgage was different. It was an assured home ownership plan and I'd forgotten all about my cash fund that had been building up for years. That cash fund was more than enough to meet the payments. That cash fund is one of many security features in the Equitable Society's assured home ownership plan in which a low-cost first mortgage is integrated with life insurance protection. Thanks to this insurance element, a growing cash fund is created which can be used as Mr. Freeman just explained whenever sickness or unemployment threaten home ownership. And don't forget, that cash fund can also be used to pay off the mortgage way ahead of schedule. By using this fund, many 20-year mortgages have been paid off in about 15 years. Furthermore, under the assured home ownership plan, if the owner dies, the Equitable Society not only cancels the mortgage but also returns to the widow every dollar her husband had paid to reduce the principal. Finally, during its life, the mortgage draws interest at only 4% and there's a liberal allowance to cover title search, lawyer fees and other closing costs. So for many reasons, a man may consider himself lucky if his health, age, income and the location of his home enable him to qualify for an equitable, assured home ownership plan. For full information, see your Equitable Society representative or write care of this station to the Equitable Society. That's E-Q-U-I-T-A-B-L-E. The Equitable Life Assurance Society of the United States. And now back to the FBI file, The Hungry Wrestler. Tonight's case when the files of your FBI is illustrative of three important facts about crime with which you, the decent citizen, should be familiar. The first and most important is that crime is not confined to big cities. In the long list of places where the million-and-a-half major crimes of the last 12 months took place, it is safe to say that no city, no town, no village, no crossroads hamlet is absent. The second important fact about crime for you to know is that, as you have seen, there is no particular criminal type. There would be no way of pointing to any one of the people in tonight's case and saying, here is a criminal. The only thing that makes any person a criminal is the fact that he commits a crime and his appearance is not a contributing factor in that. No case from the FBI files better shows the third fact that there is no such thing as loyalty among thieves. That axiom which has come down to us through the years has only one thing wrong with it. It simply isn't true. Remember those three things and your FBI will feel well repaid for having helped to bring you this program tonight because knowing them will help you fight in the war that must be won. The war against crime. The night's file continues at the FBI field office. Hey, Tony, what are you doing here?  Well, I do feel kind of rocky, Jim, but I wanted to check with you before I left. Anything come in on that alarm? Yeah, I got a call a little while ago from the chief of police at Old Medford. He cost this one, was it worth? No, not quite, but they've been there. And worth the reckon. Yeah, they left shortly before he got our alarm last night. Chief up there investigated at every possible angle, but he couldn't find any trace of them. Did he have any idea of who they used as a third man this time? Well, all he could find out so far is that the man posed as a professor. The chief's interviewing people who saw him now so he can get us a good description. Hmm, wonder if Adams and Hudson double-crossed this professor too. Well, from what the chief at Old Medford could learn, the professor double-crossed them. He said that a customer came to the Swindler's house last night and found Adams and Hudson yelling about being clipped by the professor. He also heard Adams say he won't get away with it. Didn't the customer suspect anything when he heard that? Well, not immediately. He called the police this morning, however, and that's how this window was discovered. Well, what should we do now, Jim? Well, you're going to take care of that flu and go home and go to bed. I'll follow through with the chief of police up at Old Medford. Anything else you like, boy? Since your active simple devotion, anything I have with yours? Well, I maybe have a order of chicken. Good for you. With some baked potatoes. Any particular numbers? No, maybe four. Well, that'd be a good start. Anything else, my boy? Yeah. Well, name it, name it. I like to rascal somebody. Right now? No way, I mean like in a way. You mean you want to resume your career, isn't it? Yes. Well, that should be very easy, my boy. In fact, it coincides with something I already have in mind. What are you talking about? I have been mulling over what to do with the $11,000. And I have decided to return to my first love, a carnival. Yes. You can buy one. Yeah, piece of one. And I can wrestle in a thing. Did you come in? We'll get a tent and you can take on all comers. You mean wrestle people from the audience? Exactly. And what's more, we'll give prizes. Yes, that's exactly what we'll do. We'll offer enticing gifts to any person that you are able to defeat. Any word? No. None of the gyms have seen the professor for a month. How about that wrestler, if his? He ain't been around either. I'm tired of hiding out from the cops for a job. I didn't get a quarter out of it. Look, it was your idea to get the professor into this, so you find it. Who's there? Mr. Jenkins. Who? The guy who owns the motel. Come in. Good afternoon. I just got a message on the phone for either of you gentlemen. Well, what's the message? Wait, now, I wrote it down on a piece of paper. Here it is. He said to tell you his name was Barney. That's the guy from the gym. What did he say? He said to tell you he got a letter from the Hazar. Any more to the message? Yes. He said to tell you that the letter was from Thomasville. Where's Thomasville? Do you know Mr. Jenkins? Oh, about 60 miles north of here. Mr. Jenkins, how soon can you have our bill ready? In five minutes. Good. Well, start packing. We're getting out of here. Welcome back to the harvest, Tony. Well, thanks, Jim. I checked with the doctor. He said you'd be in a day. How do you feel? A million percent better. Ah, good, good. Sorry, I had to leave you all alone on that swindle case. You can still work on it. It's not closed yet. Oh, fine. Do you mind bringing me up to date on it, Jim? No, not at all. The chief up at Old Medford got a good description of the professor for us. Did that help? Yeah, as soon as we got it, we went through the local police files and came up with the right man. Who was it? His name is William Drexel, but that's as far as we've gone. That name is familiar, Jim. He's been arrested quite a few times. No address on the local police report? Yes, but it turned out to be a furnished room, and Drexel had checked out, at least a friend of his had checked out for him 10 days ago. What am I, Jim? Was the furnished room on 28th Street? Yeah, that's right. I thought I remembered that name. I questioned that Drexel in the case I handled last year. He'd just come back from touring with a tent show, and he told me he'd been with him all his life, and his ambition was to buy one someday. Maybe he's taken this money and satisfied that ambition. Yeah, but there must be a couple of hundred tent shows, Jim. Yeah, yeah, I know, but I just thought of something. Hand me that phone. I'll step back into my tent, right through here. Okay, you lead the way, Professor. Be careful here, gentlemen. There may be holes in the ground where we've stopped tent falls. Just keep going, Professor, and worry about yourself. Yeah, here we are, gentlemen. Step into my tent and discuss it.  Yes, you're right. Mr. Adams, exactly what was it you care to discuss? Perhaps another business venture? No, not a new one. The one we just finished. Oh, I'm sorry, that's past. And it has no good to reminisce. The future is all that's important. Professor, you know what we came for. If you want complimentary tickets, I'm afraid they're all gone. We want that money. Oh, I'm sorry, Mr. Adams. It's been invested. Now, should I do what we said? Wait, wait. Before you contemplate violence, I should have to warn you that I looked into your scheme quite carefully and found that you violated a federal law when you posed as a government official. I could notify the authorities. I'll save you the trouble. Young man, I thank you to mind your own business. Oh, this is my business, Professor. I'm a special agent of the FBI. What? You're all under arrest. A long-distance phone call to that publication brought him the information that William Drexel had purchased a half-interest in the sunflower carnival. He was also able to get the root of the carnival, and a quick plane trip brought about not only the apprehension of the professor, but also, as you have seen, of the other two criminals. And so two special agents of your FBI, combining their knowledge, were able to close another file. Besides knowledge, which is always the most important thing in their arsenal, these special agents also were helped by the close cooperation they received from a local police department by observing citizens who were able to furnish an accurate description. And lastly, by their perseverance in continuing to work day after day, even when their efforts appear to be producing nothing. All of those things put together are what led to the desired result in tonight's case, to the defeat of the criminal. In just a moment, we will tell you about next week's exciting case from the files of your FBI. Now one last word to homeowners about the kind of mortgage you get in the equitable society's assured home ownership plan. First, it's a mortgage that's practically foreclosure proof. Right. If the owner dies, the mortgage is automatically canceled. During his life, the cash fund protects against emergencies, such as illness and unemployment. Second, it's a mortgage that draws interest at only 4%. So what are you waiting for? See your Equitable Society representative soon for full information about the assured home ownership plan designed for you by the Equitable Life Assurance Society of the United States. Next week, we will dramatize another case from the files of the Federal Bureau of Investigation. A story of big city crime and corruption. It's subject to homicide, it's subject to homicide, it's titled The Runaway Corks. The incidents used in tonight's Equitable Life Assurance Society's broadcast are adapted from the files of the Federal Bureau of Investigation. However, all names used are fictitious, and any similarity thereof to the names of persons living or dead is accidental. Tonight, the music was composed and conducted by Frederick Steiner, the author was Jerry D. Lewis. Your narrator was William Woodson, and special agent Taylor was played by Stacey Howitz. Others in the cast were Tom Brown, Ted D'Corsia, Bill Hallop, Bill Johnstone, Joe Vitale and Rowan Winters. This is your FBI is a Jerry Divine production. This is Larry Keating speaking for the Equitable Life Assurance Society of the United States and the Equitable Society's representative in your community and inviting you to tune in again next week at this same time when the Equitable Life Assurance Society will bring you another thrilling story from the files of the Federal Bureau of Investigation. The runaway court on this is your FBI. This is ABC, the American Broadcasting Company.


Tuesday at 20 past the hour. And don't forget folks, Basil has an outstanding show here. Every trading day, 10 to 11 Eastern standard time. Also a great newsletter, the opening call. Now, as you come over to our website at TFNN, you're gonna see right under featured content, the opening call subscriber webinar. Basil is gonna be doing a subscriber webinar for his subscribers. This is gonna be December 20th. It's gonna go from four to 5.30 p.m. And check it out folks, because the bottom line is that you can come over right now. You can subscribe to Basil's newsletter. It comes with a 30 day money back guarantee. You can get it for a month for $149, six months for 6.95, which is a savings of $199 at 22%. And one full year for 11.95, which is a savings of $593 at 33%. Now, they all come with a 30 day money back guarantee, folks, and Basil has a huge amount of archives on there so you can understand how he looks at the market every day, how he rides the wave every day. And as you're over there, don't forget about the target dollars because that's how we discount products. We only do this twice a year and check it all out right on the front page of TFNN. Basil Chatman, what's going on? Well, there's a lot going on and I thought I'd start with this. So in tab wave methodology, what we like to do, if I can just find the chart right here, is to identify the lowest low and see if it can go up to be able to increase the propulsion to the upside. So it goes from a buy signal to a buy mode and basically we count each successively higher peak, A, B, C, D, it can go E, F, G, that's seven higher peaks. There's never an H and it's at that fourth highest peak, D, that other things can happen. So now let me go through what we're looking at. Here in the Dow, we're in leg F. There could be a recycle, but right now everything looks fine for a leg F. But most important- How does the recycle work? So the recycle, there are a couple of ways to recycle, but one of the most important is the only time that you get, other than the very beginning where you can recycle, because you restart, but when you get to the fourth highest peak. Yes. If within three bars, it doesn't matter whether it's a one-minute chart or whether it's a five or a monthly chart, whatever. If it's a third bar by third bar, it makes a new leg up to a new higher high. Yes. I call that an E, but in the back of your mind, you think that could be E slash A, a brand new move. One of the reasons is years ago, the instant restart is something under the school of hard knocks that becomes the doctorate in hard knocks and finally you get it right. And that tells you that this instant restart has the potential to go quite a lot higher to another four peaks. All right, no, the reason I'm asking is that, between your wave and Steve had all the TD nine counts and they all got blown away. I mean, literally. Right. Do you know what I mean? So in a sense, that's a good way to look at it because this D going to an E and now in a leg F says, okay, that actually leads me to the very next thing that I wanted to talk about is, you know how back in August the first one we got that cell signal on the Dow? Yes. And I said, that's the cell signal based on the on balance volume that was right there, but I have to wait for a confirmation for a cell mode for that nine period expenditure moving average across negatively waited about eight or nine sessions before it did it. Yeah, I said, and together with that, I said in my work, there's a kind of, I suppose I should start calling it an index and that index says that if I start to see, I'll call it the dark news cloud covering. In other words, throughout the last couple of years we've been talking about interest rates coming down that all of a sudden we're talking about interest rates going up. Remember, I had that expression, the Japanization of our bond yields. I've been talking about that for 20, 30 years. And that was that we would also go to 0%. But then I said to you about two years ago, so you know, I think there's a change. I think we're done with that. So basically we saw that yields start to move up. So this dark news cloud cover says it could be, I mean, at one point it was impeachment talks. It was just anything you want that the market takes very seriously. It's always sitting out there, but the market often ignores the bad news. So I said about a week ago, I said, I'm starting to see just little signs here. I can't even make it a big deal, but I'm just gonna put in this little rectangle. All these rectangles are exactly when I started to see what I call an internal high before we got a residual high. And I'm saying, I think I see a start, just the dollar's a little bit higher. Yeals seem like they want to go a little higher. But other than that, I don't see anything. So with that said, now we can go to the 914 and say, hey, wait a minute. These 914s, look at this. I'll show you just on the charts. These are blank charts. All I'm showing is the 914 crossover. And the gray line is the price of whatever we're following. And he has the Dow. Look at the Dow's. This is the price right now, as we're speaking. And look, there's the nine-period moving average. There's the 14. To get that to turn down pink, in other words, green cost is the black. You don't have to see the Dow down at about 35,400. So at this particular point, this is a bullish sign. I can just quickly go through the others because there's something else I wanted to discuss. Look at the S&P, nicely high, the QQQ. Nice, very nicely higher. The SMHs, which we were in short, just very briefly the other day, they were acting very poorly right here. Look what happened. That green nine-period moving average never went negative. And now look where the SMHs are. And I've been talking about this with you for a long, long time saying, from what I can see always is that the semiconductors really lead the market on the way up and lead the market on the way down. So so far, that's a positive. Now, here's another thing that I want you to talk about. Even though I think we're getting closer and closer to some kind of a pullback, this is the most important thing. If this is a brand new leg, A to the upside instead of a continuation pattern from the high of August the first, and this is not F, but in fact an A, to get the D, and in other words, in chamois bi-signal to bi-mode, and that means the stochastic's very high. Wow, the stochastic's at 98%, the magnate's strong, the nine's over the 14, this is the weekly chart, the price is way. You would have to see a peak A and so forth, we're still in a leg A. Let's just say, imagine that next week gives you a peak A and imagine that every other week after that gives you either a higher high or a lower high. So that means that we would go leg A, next week peak A, then you go into leg B, peak B, now you're into January, then you get leg C, which you have to wait for peak C and then you get your leg D. That takes you into the middle of January, just based on this one chart on the chamois methodology and that doesn't mean you can't have a big pullback here, but it does say that the law of 32,327 should not be taken out because you should find some support around about the 34,900 on any big pullback. So this is an important metric and if you're looking at the monthly chart, we made that peak E at 36,900 in January and now we're just a couple of hundred points away. So then actually so far, it's still a booty side. So those are the things I'll be talking about in my webinar coming up a week from tomorrow. And folks, it's very easy to get in the webinar, come over to our website at TFNN, you're going to feature content on the right-hand side, just subscribe to that newsletter, it's gonna be a great newsletter, a great webinar. Baz, we have a great one, safe one, we look forward to show tomorrow. Thank you very much, Tom. Stay right there folks, come right back. Tigers, tis the season for leveling up your trading skills. Basil Chapman is happy to offer all opening call subscribers a free subscriber webinar Wednesday, December 20th, 4 p.m. to 5.30 p.m. Eastern. Basil Chapman will be discussing major sectors and stocks that are coming off their lows in order to prepare your portfolio for 2024. This is a free webinar for all opening call subscribers. If you are not yet a subscriber, visit the front page of TFNN.com today to secure your spot for Wednesday, December 20th. TFNN, educating investors.