COVID in China and the effect of COVID in China on China's economy, very important. And for this discussion, we have Carl Baker, who is a senior advisor at the Pacific Forum, who is going to tell us what's going on over there and how it affects the economy, the politics, and China's global reputation. And of course, it's also its reputation with North Korea. Yeah, it's kind of an interesting topic, and it's an evolving topic. And it also has become a very political topic, I think, in the United States, where there's a certain eagerness to show that this time China's going to fail. And I think that's almost the underlying narrative of some of the reports, when it says the Chinese COVID policy is unsustainable. And this is certainly the narrative that's coming from the US. But then when they're successful, then that narrative kind of dies down a little bit until the next time it comes up. And so where are we? I think that's kind of where we want to accomplish today is where are we? And as you were mentioning, just before the show is, in very stark terms, what's happened is China has fewer than or somewhere around 5,000 deaths. And of course, the United States just recently marked their one millionth death. And so really, look at the contrast. And if you want to hear it from the Chinese narrative, we're interested, we're protecting people's lives. And of course, from the American narrative, this can't be sustainable because now they have the Omicron variant, five, six, whatever the number is today. And they simply can't keep doing this. And I think there's truth in both sides of that story. Yeah, well, very interesting. I mean, if you look at it just as a tad pijing ping in the president of the United States, we would be better off today. In his own way, he has respected the science. During the Trump administration, we were not respecting the science. And even now, people, you know, they politicize vaccines and masks. It's terrible. I just came back from a trip to the East Coast. And I would say maybe a quarter or a third of the people on the street were wearing masks that in public places.  But in China, you know, or if pijing ping was the president of the United States, it wouldn't be like that. They'd all be wearing masks. I remember seeing a photograph, Carl, of the virus, the flu of 1918, 1918, 1919.  And it said have the US followed China, it would only have 1300 deaths. You know, so that's kind of the starkness of that contrast that that, you know, and in some ways it does follow the larger narrative about the United States in China, that the United States is going to demand individual freedom. It's going to skew to the side of individual liberties. And China is going to skew to the side of social responsibility of protecting the larger society and compromise the individual freedoms of the individual. And that's kind of what you're saying about the woman carrying the sign, is that that sign only works in the United States. You don't see that sign in China. So then the question is, is how how much societal pressure is there in China to change the policy.  But there's no, there's no organized opposition. It's individuals are unhappy and and they and they are being held prisoner in their own homes. But there's not anything more than that. There's no organized rallies. There's no organized resistance to, to the policies of the government. Yeah, it's anecdotal. And it's Western, the Western press gets a story and they, and they make it sound pretty bad. And they, they quote Chinese people as saying we want freedom and liberty and democracy and all this. But the fact is that there's a very low rate of death. And I don't, you know, it's they come from the same place that some of the people in the United States come from their, you know, their freedom and liberty and death is more important than trying to protect your neighbor. And I find it very interesting that that is, that's a global kind of thing that exists in large part of the US, but also in a smaller part in China. And I'm not sure that I would criticize the Xi Jinping all that much on this. He may be going off the side a little bit. Maybe he could cool it once in a while and not hold people hostage the way he does. But I think in general, the concept is, is good. Yeah, well, and again, you know, I think there is some, some indication that they're moving away from, you know, I mean, in this latest, in this latest iteration. Now, you know, now we have another lockdown and on we, which is halfway between Shanghai and Wuhan, you know, so now that's in that area. And then also as you were saying up in Xi'an, there's a there's a lockdown in Xi'an because they've found new, new cases up there. And so this becomes more and more difficult to sustain as, as you have these variants.  And in the West, of course, you know, we've dropped those requirements. And so how does, how does this end, you know, at what point does, does China accept the fact that it has to allow these variants to infect the society, you know, with as long as they refuse, continue to refuse to take the mRNA vaccines from the West, they're going to have this problem that they are relying more on testing than they are on vaccines. You know, and so, you know, another part of the story in China, of course, is that they've, they've put together a machine that allows them to test up to a half of a half a billion people in 48 hours. You know, you think about, think about the amount of time and energy put into that testing program that they've put into place. And, and that's where they're spending their money. That's where they're spending their, their resources is on the testing rather than on the vaccines. They're spending $10 million a day in these semi permanent testing facilities and requiring everybody to go down every couple of days to get tested, which is really what, you know, one, you mentioned that the mRNA, you know, vaccines have not been accepted. China has some kind of limitation. I mean, they don't accept the Western vaccines and they, and their mRNA vaccines are still in trial. So nobody in China gets to use them. And we all know, at least I've seen in many times that the Chinese vaccines are not as good, right? Not as current. They don't work as well. And, you know, that's a really silly thing that Xi Jinping is doing. He should allow the mRNA vaccines in. He should buy them. He should stroke the West, you know, compliment the West for having done them. He should be ahead of him on that. And not to say that enough people in this country take them, but he could use those things and hold the rates down. If he wants to do that, that's what, if he wants to hold the rates down, he should take the vaccine. Well, I think that's where the dilemma is coming. And it fits into this larger pattern of the technology competition between China and the United States, where increasingly the United States doesn't want to share technology. China doesn't want to accept the Western technology, you know, and so, and so you're seeing, you're seeing the economic displacement occurring in China, but not to the extent that the United States would have expected, and not just because of the virus, but because of this larger trend between the two in competition over technology. Yeah. So propaganda is a big part of this. I mean, he said zero, zero COVID. We find a couple of cases here or there where it'll lock you down. And he doesn't want any, and, and he says, this is effective. This is working. This is an example of how the Chinese system is better than the West. And if you, if you speak, if you speak contrary to that, you say anything or write anything, or in the case of North Korea, they released a video, which is being played in, in China, about how they were doing so well, which I'm not sure I believe anyway. China squashed that, took it off, and it can't be played. And so, you know, it's a, it's a, again, a propaganda war, and he's determined to make China look good, even if it's not entirely true. Yeah. Yeah. And that's, and that, again, that's the dilemma is, is it's difficult to see exactly what, what, where the truth lies? You know, to what extent do we over, over emphasize the downsides of it? And to what extent are they underplaying what's really happening? And it's, it's really, really difficult to, to determine which, which is the right answer, because we're as much influenced by some of that propaganda as, as the Chinese. So I have a question for you, Carl. This propaganda war around this is politicization of, of COVID and medicine. Would it exist in China if it had not existed in the United States first? I don't, I don't think I understand the question. Are you changing the problem? COVID and anti-COVID medicine has been politicized. It's been made the subject of propaganda for sure. And he is expressing that globally. But we had it, we had the politicization of COVID early on and in the Trump administration and became very politicized to the point where half the country, you know, just like half the country thinks that Trump won the election and half the country thinks that that it's just a sniffle. Yeah. Now I get to get the intent. Well, yeah, but I, yes and no, I mean, because I think, I think both sides were, were going to politicize it from the beginning. And, and what we've seen is how each side has politicized it is slightly different. You know, so, so again, it goes back to this, this increasing competition between the United States and China. And really if you go back to the beginning, it, it starts when, you know, when, yeah, when, when we start talking about the Wuhan virus, you know, and the China virus, you know, and all the stuff that, that occurred early on in the Trump administration, but on its own, China was always prepared to, to, I think, develop its own narrative about how they were addressing the, the virus and, and that plays into this larger, again, this larger competition between technology development in China versus technology development in the United States. So the answer to the question is, I think it would be, regardless of how we played it out early in the United States, because China was, was also in recognizing this, this increasing competition in technology, and that's only exacerbated it. And so now we have these, these discussions about China supply chain resilience and, and the ability to, to work around Chinese supply chains. And I think that, that all is part of this, this competition between China and the United States over, over technology. Well, you know, it's, it's, it's more than the rhetoric and he has some good arguments. I mean, for example, we've known about the Omicron now for months. And yet we don't, we don't have any Omicron vaccines. They won't be ready until the fall. I mean, ideally, and, you know, if we had great medicine and great vaccines, we'd be ready already. We're supposed to be advanced on that. And I don't think it's a, it's a bad argument for him to say, you know, the sleeping giant over there, the United States can't seem to get, get the vaccines to comport with the latest version of the, of the variants. The other thing that he could argue, and I think successfully is that we have this political divide in the country where, you know, half the people in the country don't want to, don't want to do anything scientific. They don't believe it. You know, that's a sign of the weakness of America. So he can make some good arguments. He can make some good comparison. He shuts the city down. No fool around. And if you believe that that helps, it does. He can make it happen. Yeah. I mean, the statistic we started off with is, is compare the number of deaths in one versus the other. And that approach works. But at what cost to society in the United States, we say, oh, you can't do that because you're, you're impinging on individual freedoms and, and you're, you're creating a powerful administrative state, you know, all the things that you've just heard in the last couple of weeks about what's happening in the Supreme Court. You know, it, it, it absolutely comes right back to, to that whole mindset in the United States of individual freedoms, where in China, there are individual freedoms are only after you've satisfied the societal requirements to ensure a stable government. So, you know, these, these historical trends will modify over time. I think people will learn that I'm just a speculation, but people will learn that they really have to wear a mask and take a vaccine, not only for COVID for anything else that comes down the pike. If they want to protect themselves by protecting the community.  I mean, don't you think that ultimately the, the two approaches will each resemble each other more? Well, they won't resemble each other, but they'll converge, converge from the different poles. And, you know, and I think that's right. I think that, you know, there, there is still a recognition in parts of the United States and some, some Americans realize that you do have to take some precautions to prevent infection. And, and, you know, the vaccine isn't going to do everything for you. You do still need to be careful in, in close settings and things like that. And, and I think increasingly, you know, China is giving indications that as, as people aren't getting as sick anymore, you know, once, once they have their virus closer, I think then you start seeing them move a little bit more towards, towards that convergence point where they will accept a few, a few cases that they don't have to test the entire city of Shanghai every 48 hours to make sure that they don't have a, a case of a mild case of the Omicron variant, whatever the number is today. It's interesting that there's not all that much vaccination going on in China. And what he has done as a matter of policy is to focus on masks and quarantine and testing, but not necessarily vaccines. Yeah, you know, and, and, I mean, and that's China is contract tracing God man. You know, if you look at, if you look at all the options that were available from the beginning of this, you know, it's so, it's so clear that China took one path and the United States took the vaccine path, you know, and now you have you, as you say, we're going to end up converging back away from these extremes at some point. And the question is, is can we really find a way to cooperate in that process. And, and to me, it's not at all clear. We can simply because this, this, this, this, this divergence has, has been exacerbated or and it has exacerbated the trend of moving away from each other in terms of supply chain. So, so then the real larger question for China US relations is how does this affect trade, you know, and what we're seeing today from the, from the Biden administration is more and more talk about moving away from from the sanctions and talking about building resilient supply chains that exclude China. And so now we're looking at some of the economic implications of what this means is that we're not going to, we're not going to go back and say, okay, now we're going to reengage China because the, the, the different paths that we've taken in this, in this pandemic has forced us into a further path away from each other in coordinating economic policies. And I think that that's going to continue and that's going to make that convergence that could have occurred in the, in the resolving the pandemic into a broader difference between China and the US in terms of economic policy and trade policy. Well, I mean, that's sort of an optimistic result of all of this. That I mean, if you look, if you looked at losing a million souls here in the United States, you know, that's going to affect the economy. If you look at hospitals being full and people being out of work and having to stay home, you know, that's going to affect the economy, and it has.  But, you know, I think we, I think we knew that our economy would have issues and difficulties when COVID first started. It was an easy prediction.  You know, that's going to have an effect on the economy. And if, if you have, you know, aberrations in the supply chain because of all that, you know global trade will be affected. So, I mean, I think it's perfectly reasonable for the two leaders to come together and say, wouldn't we both be better off if we stopped attacking each other, if we started to work together on this. But I don't see that happening. Okay. I don't, I don't see that happening because what I see, what I see happening is, you know, today, today's news is about the Biden administration clearly is getting ready. They're talking about a high level meeting between the foreign minister and Anthony Blinken again. And it's clear that we're going to move away from sanctions. But what's also clear is that the United States with its Indo-Pacific economic framework and China continuing to push the regional comprehensive economic partnership and trying to join the comprehensive and progressive what is a Trans-Pacific partnership. You know, the free trade agreements the United States is moving away from the United States is saying we're setting our own standards and technology is going to be hands off. We're not going to give access to advanced technology. China is going to, China is saying that's fine because we're going to continue to push free trade because free trade is in our interest. And so we have we have this divergence, this economic divergence and the pandemic is only exacerbated. It's exacerbated it by the fact that the United States and others have taken the pandemic as part of the rationale for moving supply chains out of China. So now you've lost that China as the central hub for Western imports and you've moved it to Southeast Asia and other parts of the world. So I think that it could have it could have resulted in a better opportunity for cooperation. But I think what's happening instead is both sides have said we can't afford to take that risk. We're going to continue to pursue alternative approaches to economic security. So here's a hard question for you Carl. Given all of that especially given the COVID element in it who comes out of hand? Yeah, that is a hard question because I don't think there's a straightforward answer at this point. I think both sides are deeply committed to the path that they're on to the point where in some ways they're a bit irrational because they've convinced themselves that they can't afford to cooperate. And so whose side is history on? Is it really to the point where we have to think about isolation national security interests based on economic trade? Or is it to the point where China is going to become the dominant economy because it's going to maintain free trade because it sees it as the solution to its problem? Yeah, how is that? No, I have no answer. I guess it's how you play the game. It's every day on its own merits. And we know that COVID has damaged the economy of both places. My own guess would be that it's damaged our economy in the U.S. more than it's damaged the Chinese economy even though they really don't like being cut down in all those cities. Yeah, I mean if you look at the numbers the World Bank put out some numbers that said that yeah, China got hurt but it didn't get hurt as bad as the United States. That's exactly what they're saying. And if you look at the 2020 versus 2021 China still has a booming export economy. But can it really resolve all this departure of economic activity due to COVID? One of the other numbers that I've seen is that they're saying that foreign direct investment is down in China. They're saying that foreign companies have left and they haven't renewed some of their operations on the East Coast where COVID has been a problem. So some of those things suggest that in fact China is going to get hurt. But clearly the United States is getting hurt from inflation, from disrupted supply chains and then of course you pile all the other things going on in the world on top of it and it becomes a real challenge I think for the West to see their way clear to return to economic growth when you're excluding a large part of the population in China.  That's going to become very difficult. Yeah, and who knows how much more difficult in the next few years. Now what about the sanctions? You mentioned that this administration was thinking about, has indicated that it would relax the sanctions and I guess that means the tariffs mostly. What's the benefit to us and what's the detriment to us and what's the benefit and detriment to China? Well, not surprisingly, the United States has now come to the realization that we do from the beginning that tariffs are inflationary. And the Trump administration knew this and they did it anyway and they said all the, because the Chinese companies are going to lower their price to retain access. Well, it's very clear now that as we knew it was going to happen, what happened is of course the prices were increased in the United States for somebody to pay for the tariffs. So in some ways it's beneficial and the Biden administration I think is doing this in its efforts to reduce inflation. China, on the other hand, is going to get away with not ever fulfilling its commitments to the promises it made to the Trump administration for increasing imports. If you look at the latest export numbers from China, their imports haven't gone up dramatically, but their exports have been pretty consistent. So I think that in the long run China probably benefits from the lifting of sanctions. But the counter to that of course is how impactful will these new ideas about supply chain resilience going to be. And then it becomes a question of how effective is this Indo-Pacific economic framework going to be in setting standards and reaching agreements in Asia over how to govern digital technology, how to govern the digital economy and how to actually ensure you have resilient supply chains that exclude China and to what extent can you do that and to what extent are the Asian countries going to be willing to play along with that sort of approach when in fact they're playing both sides off by joining the economic partnerships with China and promising to at least work with the United States on some aspects of the Indo-Pacific economic framework. Carl we haven't talked about the One Belt One Road initiative which is very ambitious which represents a kind of manifest destiny of what China and a huge step forward at least theoretically all the way to Spain and Portugal and what have you how has COVID affected how has the economic changes in China resulting from COVID affected the success the forward motion of Belt and Road? It's hard to say how to isolate the COVID effect on it but clearly what China is realizing is through inflation through bad management a lot of the projects aren't finished will probably never get finished there's a lot of there's a lot of bad debt sitting out there because of it so you've got these countries that signed on to Belt and Road and you're dating yourself by saying One Belt One Road remember China sort of figured out about two years in that that probably wasn't a good way to characterize it and so they went to the Belt and Road initiative. Yes yes I apologize yes you know and so I think you know the number that anticipated is happening that now you've got the G7 of course just last week signed on to the American proposal to what 600 billion dollars or something I think was the number that got floated about investment to counter Belt and Road but of course when you go looking for somebody to take on that debt that occurs when you do an infrastructure project they're all sitting in not very good shape because they're in debt to China over some of the projects that are never going to get finished so now you've got you know you've got developing countries with a debt load that isn't going to allow them to do much and so Belt and Road is still there you know it's still again everybody says yeah that's great if you want to give us infrastructure but pay for it well that's a that's problematic you know you have to follow the money yeah but I mean Belt and Road was extremely successful for it's the first years because everybody said wow this is great we're expanding the economy you know we're getting all this free money well of course money is never free you know there's always a cost and those costs are coming due then the question becomes can you know can China really really do anything with that debt I mean it's one thing to talk about taking over ports in Sri Lanka but you know are you really going to do that because it's just that's just chasing you know that's just pushing bad money after bad money a hole in the water into which you pour money yeah that's just it gets to be a problem so yeah I mean I think that Belt and Road is becoming problematic for them I mean their property market is bad they have a problem with their property they've got property companies that are basically shells that are you know zombie companies that are living off the largesse of the Chinese government so you know so you've got all the things that we have kind of in a different way that you've got a huge amount of money being put into testing you've got a huge problem with debt you still got this idea that you have to do something for the developed world and there's not a lot of room for maneuver so you know China isn't in great shape but the west as I say you look at the west and they're sort of in the same same kind of situation where you want to help the developing countries but you've got no way to serve us all the debt that's been accumulated up front one of the things that's been in the press is the Xi Jinping's current attention to Hong Kong with the two flags flying together and you know the essential propaganda statement we wanted to bring them into line with Chinese policy and sovereignty and we have we've succeeded. Is that true and how does it play with the economy of China? Well I mean Hong Kong is somewhat of a specific case in China because you know with the draconian measures for the lockdown the western companies that have been sort of sustaining Hong Kong as a financial center you know the western you couldn't get anybody to come in and work those senior positions in Hong Kong so you really lost a lot of the momentum for Hong Kong as a financial center and that's going to be very difficult to get back because they've moved out all over mostly to Singapore but also to Japan to some extent to Taipei you know so you've lost that momentum but you know so I think that again that's a point of loss for China. Well I wanted also to ask you about Ukraine but I think we're out of time and if you don't mind we'll have to tweak that separately Carl. There's another show because that is having a global effect not only on China certainly the US and Western Europe but the implications of Ukraine and the continuation of the war there I would really like to have another show with you and soon. Yeah and I think that's another aspect of this and of course there China is kind of the junior partner in some ways of the problem for the United States and so that's an interesting angle of how this whole competition between China and the US plays out because Ukraine creates its own set of problems. So you have COVID you have Ukraine you have this fear this growing fear of inflation but right around the corner is recession you know so yeah so it all plays into I think a larger picture of a very rapidly changing international environment. Yeah and this is only one day after July 4 I guess I'll close with asking you and how you felt and how you feel about July 4 and these very tumultuous and problematic times. As my daughter told me yesterday I guess we've seen the real July 4 celebration in Chicago. Oh no. And I say that only because you know I mean that's almost emblematic of what's happening I think in the United States that July 4 isn't sacred anymore either that we still have mass shootings even on July 4. Yeah and fireworks has taken on a different meaning. Yeah. Thank you Carl. Carl Baker, senior advisor of the Pacific Forum who joins us from time to time to discuss these very important issues. Issues about which you should be educated. Thank you so much Carl. I look forward to our next discussion. Yeah, thank you. Aloha.


What's going on guys got Kyle here relating sports cards and we are ripping 2022 tops chrome platinum anniversary six box number one Random team style did a random for the break. I'll show you guys again had Jesse T with the Giants down to Ray G with the Reds Good luck here guys. Let's see what we got some tops chrome plattie First time opening this for me. I didn't open any last year See what we got. Good luck guys Again check out what we got breaking today. Appreciate you David taking a spot in tops chrome sapphire and Brian taking a one of the last two teams in prism And they each two team very nice appreciate you guys Filling up nicely today force was doing the ripping and stacking. So I think I'm gonna do that We'll make a pile then we'll go through the first box here Give me a moment guys. These cards are turned every which way. I don't know which way I got to make the stack Yeah, this you have to max close to me. I was reaching over for the 180s Yeah, you have to like Everybody watching earlier with uh with Matt. Yeah, I don't know why they do that. I was flipping the cards every which way It is it is interesting Yeah, I like them Alice I like them too, man Very clean the autos the different parallels Some good stuff right guys going on box one Do some uh some flipping around here Erin asked me rookie. Oh wow that is like every card That's gonna be a problem. Johnny bench Hank Aaron. That is every card. There's our first auto It's anthony bender for the marlins there on the first rookie auto Joe Perez Alex thomas rookie hindricks this one is green jack morris number two 99 jack morris for the tigers So brindale accrues rookie marlins There's refractor shane beaver sammy long rookie There's a gold rookie alexander wells for the uh orials 11 of 50 On the gold you darvish. Yeah, this is wow Like every other card refractor rookie jake cousins for the brewers So rookie matt veerling This one is kin kin griffy got a aqua aqua ray wave. This one's kinsa myeta For the twins Maybe the 299 Maybe I can rookie fairchild jake mires There's a sparky anderson for the tigers Sparky refractor He gave her arias Alec bone This one is red red cracked ice to a hundred and that's gonna be tyler glasnow What is that called? Uh red atomic. Yeah red atomic to a hundred Tyler glasnow rookie miller wheelie starjull and refractor on the back is curvy pocket for the twins No no star wars uh impersonations tonight What's up alvin how we doing? What's up shane? These cards are getting to me So refractor josh bell cj abrams There's alfonso revos and shon murphy number two a hundred on the red atomic point willhelm There's a rookie refractor cooper hummel jay man we get some more energy tonight.  There's an x-fractor eric davis We can maybe get a jar jar out of them just a just a noi tile I might be enough reason a little jar jar. Yeah, I don't know that I don't know that I like jar jar too much It's like a gold it is gold rookie steven qualm Nice one there to a 50 rookie for the guardians Steve qualm I'll just throw out the trash shane. I'm gonna starbucks box two Give that man a starbucks the whole a whole uh store. That'd be nice Donnie a franchisee That'd be Bob abby What up dylan? It's going on man I need you to come flip these cards over for me. They're all over the place Just come come flip them around for me. You get them get them straight Bebop so is it uh one auto per box? It's one That's the one All right, our second box. Yeah. Yeah. Yeah. Oh, that's okay. Yeah, that's one takes a while Yeah, no, it's it's that's what was all the flippin and stuff. Yeah, it's all the flippin and stuff for sure I thought it was a few boxes are Yep sprinkles head now carl sprinkles head now He was a top loan for fanatics earlier Hey, thank you patin chris uh lee and debba taking spots Oh, yeah, look at that. Appreciate you guys also almanac this weekend guys saturday and sunday high-end almanac Gonna be a good time with sam and forced Is it during the day? No, it's night time Saturday night sunday night What almanac I think it's on there It looks like Alrighty guys, good luck box number two see what we can get going here Clemente this one is gold robbie ray On the gold wave number 250 robbie ray for the mariners there Petroia Refractor catfish hunter catfish hunter and base catfish hunter behind It's up carl. Howdy carl. How we doing? Conor seabold this one is red 200 max crannock on the red atomic rookie Chas McCormick This one is a base overall this chavin. There's a steve kwan x-fractor What's your steve's going on got a 50 gold earlier? Josh donaldson rookie naughton This one is fuchsia at a 100 Griffin jacks that one's the the fuchsia cream atomic A lot going on on these uh parallel names There's a refractor rookie zack tomson crawford andre jackson. We should have made you study them and not give you the I can get the color right and get the color right I'm good at that right. That's our all over the place There's a um rose gold mini diamond tray mancini Full super puka. I'm down I'm down You know, I'm down. There's a refractor chrono worth Cassianos bueller. This one is um leigh smith We've got Jesus Aguilar on the uh marlins there on the fuchsia atomic again to 100 Noah cindigar Thor for the angels Later brison Yeah There's a gold lava. This one's gary carder or yellow to 250 yellow lava Ray wait gary card rookie ebra cabrera. There's auto It's going to be louis frias on our rookie out of for this box d backs Zanino There's a rookie packy naughton rookie refractor cardinals natto Yeah, it's a lot of it's a lot of flipping in all that for sure For sure Alrighty guys box three Yeah, no taco. I'd find it if there was I'll find it if there was Hey, good luck. Uh, which one did you get in shame? Did you get in saturday night? Some almanac. I know force was saying it was it was filling up nicely. I hadn't checked the the numbers yet, but He said it was filling up nicely Good to hear James and luke taking spots for a nice wall some tops chrome sapphire coming in Nt spots coming in Appreciate you guys Yeah, I got you. Good luck shane. Good luck Should be with forrest on sunday night Yeah, that is something you want to be in be in person for for sure Or is this trustworthy to take a pick for somebody though if you're not able to make it Yeah Sunday, it's for us though. Wow Change getting in sunday. Yeah, they're sweet puka. I like the uh I don't know what they call the toly I guess with the little players in the background design. I like that one a rose con pollo Happy good refractor sounds delicious. All right, we got a joey vato on the fuchsia. Um a talk to a hundred Reds it's vato Pedro Refractor egger martinez mariners Onio cruise base rookie Tony there's a rookie large newt bar on the aqua, um aqua ray wave That one is number two two ninety nine newt bar Cardinals Kunya steve steve How we doing Refractor bruce sutter. Yeah, it's it's very possible There's a rookie nick allen on the x-fractor rookie eights. We deserve it though. Do we? I deserve it There's a fuchsia a nice one there jaren duran on the fuchsia atomic number two a hundred Nice hit for the socks on the rookie duran It's been figured it out a little bit Refractor rookie dentmers for the angels Billy martin Machado gary sheffield McMahon, there's a aqua um ray wave that one's um on hell's erpa For the royals there number two two ninety nine is refractor mike mistakis for the reds I got you steve Can't hear that either but appreciate you sir. There's a orange orange wave rookie andre jackson for the dodgers This one is 13 at 25 Um, we're live on youtube as well Uh money oh steve can't hear anything man. Oh steve.  Oh just in case I forgot about the refractor yogi barra. Oh no delete that Yeah, we're live on latin sports cards on youtube Different way to watch at the audio fragment This one is gold go wave ted simmonds cardinals getting some color here to the 50 Ted simmonds Refractor long go jim palmer. This is auto lee smith on the red To five three out of five cardinals Seven cardinals getting some color. I was right three of five there on the lee smith auto I don't know who's red that is a sick-looking one there The red refractor Beltray There's gotta be a different name than this red right leg. It's got no this one is the red toiley cream slash red refractor Okay, I don't know what toiley is I honestly box three thing I know there's spots where they have like pictures like players and stuff or a letter. I wonder Alrighty guys box four How do you spell it? to I Stack here going again. Are you buying on our website? Um money latin sports cards dot com Um, we have Personals we have group breaks for sale All that stuff Yes, higley. We got some nt tonight. We've got some nt for sure Yeah, higley. We got some uh nt full cases. We got a couple mixers. We got a bunch of different styles If you guys are interested in some nt today Got a bunch of different styles Got mixers with select. We got um nt hobby and first off the line mixers. We've got tiered random random team style All kinds a little bit of everything. Yeah Shane's gonna live uh Life you track of everything I say for uh, Steve. That's a good idea. Transcribe it for him I think you can turn on closed captions. Oh, you could I like it better that way. I think Well, as Shane type it in some almanac spots selling as well guys. That's coming up saturday and sunday night Well five on saturday five on sunday Check those out for sure The random juther am so man. Come on sam. Hope jackson 20 Perez mark burley There's a wanderbase rookie Manny Ramirez to 100. It's gonna be the cardinals again whitey herzog on the red atomic Cardinals get a lot of color here. There's a roger merris refractor yankees There's a speckle weighed boggs for the red socks number to 150 the mini diamond Shane boz rookie cragmatics lasorda. There's a seah base rookie cups Jeremy pain you base rookie Bobby wit on the refractor nice one there royals Connor wong base and yellow is a yellow ray wave nomar for the red socks to 250 refractor trevor rogers Babe ruth. He does not look happy in that picture Nate low and it's only uh, it's only hollands, but it works it works Jake mccarthy There's another mini diamond harming killabrew That one's to 150 killabrew Bryce elder on the rookie refractor. I like that donny I like it There's a seal we'll cut maybe no one'll notice There's a while we seal refractor rookie Just getting progressively more hammered as it goes along. What is up with that guy? Oh, there's our auto. It's dylan carlson on the blue Um, that one is number to 99 on the auto nice blue there Which ones are number to 99 dylan carlson there that is another cardinal sit Kind of wild And orange is uh, tony santi on rookie there for the reds at 25 orange wave three at 25 and I set their reds rookie orange, yeah As long as no one knows it's okay Exactly Can't hurt anybody. They don't know This one is just a more no on the blue pattern That one is number to 199 refractor andrew von And x-fractor is carlton fisk right you guys two more This is a chromi product man. Wow I mean that makes sense Tops chrome box five Really have an off date Yeah There's a ozzie albie's refractor started going through these i'm going to stack these I forgot already Do it. We'll do it this way We'll have it's a hard break out. Mm-hmm Hey, thank you joel taking a spot in um almanac James taking finest I think we might be close to sold out on finest only have a few teams left on that Your team style Still the mets and rangers mets and rangers left finest whole case coming up here soon Chase some francisco some baby for the rangers. You got josh young Ziko the wrong Two good teams left just mets and rangers After that, we got tops chrome sapphire to sell out as well Donnie's favorite God mookie bets this one is Jorge Sallair number 200 on the red atomic gold schmidt Jordan There's a refractor hank erin contrair us josh winder robin the out There's blue this one is um robin roberts for the fillies throwback on the fillies logo there number two 199 there's d on prime is a rookie auto for the um astros gonna be chas mccormick rookie auto astros zander This one is the 150. It's gonna be rookie. Um mini diamond Ernie clement for the guards Matt Chapman, we got a refractor larry walker rockies Don't sound much like hank hill We'll just scratch that one Hey, there's prime on the fuchsia fuchsia atomic d on sanders number 200 Nice one there braves I like that Oh, did he really? That's cool. Got a um refractor starling marty Extractor rookie is zack thompson There's a yellow of louise garcia yellow um ray wave to 250. That's crazy I'm not surprised though. I'm not surprised. I feel like there's a lot of baseball teams like that around the country where Guys went back to their high schools and revamped them and everything there jeter. There's a goal This one's gold wave my schmidt for the fillies there schmini to 50 It's one there fillies josh lowe johnny daemon And refractor rookie is mark uh colos vari for the reds Righty guys one box left The second half of this case coming next number two Good luck. Delete some emails here Dude, I did that so many times yesterday In like the couple minutes I was helping sam like an hour. I was helping sam I just kept moving the chair forward and smashing it Don't need to take a lot. Oops I see why shan's been doing this so much. Who's everyone's favorite baseball team watching? I know a few of you guys, but I'm a race fan. I guess not obviously, but i'm a race fan No, you live in florida. You're obviously a racer. Yeah I live in not south florida. So I guess Although the marlins that probably don't attract too many like they're they're staying free empty a lot of times Carl I'm gonna say you're a Carl was the exact person I was thinking of when I said I know some of you guys I said Carl is definitely a yankees fan No question You're a race fan. Alex. Nice. Yeah, they're looking pretty good this year, man. They're looking pretty good Orioles. Hey, I like that Orioles been good, man. They passed up my race about a month ago. I'm about to hop on that fan Oh, nice. Did you Alex? He went to florida state. That's where I went Taylor walls lanes a big uh, he's got a big Taylor walls collection. I think he's got a few red bowmanados He's got some he's got some good Taylor walls cards Yeah, I got a little bit of NBA tonight. Um, I've got spots in select h2 I've got um, I think a couple prism. We got team all crown royale prism is sold out prism sold out Okay, so uh, we got select h2 prism fast break is sold out as well So yeah, we're uh team all crown is our main one In select h2 for basketball tonight There's a red Sean Murphy for the a's there still Sean Murphy to 100 red atomic rookie matt brash Refractor mo mo Rivera. There's a, um, x factor yachty Yachty malina. Oh, nice. You played Georgia Southern. Very nice I know a friend who went there for lacrosse. There's a blue. Um, hobby bias hobby bias to 199 tigers Mike Schmidt Pudge or fractor Corbin burns Mr. French How we doing? Uh, William, how we doing? There's a rookie Royce Lewis on the blue That one is number 2199 He's out lane Have a good one, sir Trying on it. I'm trying That's true backs are open. Yeah, we're actually done with this one I'll get you in the next one. That'd be crazy one pack of super Lamont Wade on the Giants Hey, sounds good. Alex I'm not against it. How far is Georgia Southern from uh from FSU? Uh, rookie there is Marcus Diplom Is it the 299? It's probably Georgia. Is it the uh, is it like the panhandle side of Georgia? Is it more for the east coast side? There's an atomic of Dennis Eckersley. What a stash. What a stash Cal Raleigh Scherzer This one is Wade Boggs base and Fuchsia atomic is going to be a Dolos Garcia For the Rangers there number 200 Refractor Boba Shett. So is Zach Thompson going to go to the pirates there? Pirates on the rookie Otto Zach Thompson the Matthews. There's gold wave of Starling Marte For the Mets Oh, it's near Savannah. I got you Alex. I got you Yeah, my mom's whole side of the family's from Savannah. So I go there about once a year. O'Neil Cruz rookie Fun place fun place There's a refractor Jansen junk Rookie for the Angels And based on the back All righty there guys that will do it for top's chrome climbing anniversary Um, that was six box number one. We had six autos in the six boxes had Zach Thompson rookie Otto pirates Um, Chas McCormick rookie Otto, uh, Astros Blue to 99 Dillon Carlson rookie or not rookie a second-year auto Dillon Carlson We had Lee Smith number to five on the auto for the Cardinals We had Luis Frias base rookie Otto deep acts and we had Anthony Bender rookie Otto Marlins Alrighty there guys that'll do it for this one. We'll get going on number two next What's up, toke?


My name is Claire. I'm completing a postgraduate degree in project management at the University of Newcastle. One of the main reasons I decided to do project management was because it was to fulfil an ambition. I started the workforce when I was 18. I've done diplomas and advanced diplomas. However, I needed to have a further depth of a topic that I was interested in and that is project management. I hadn't been to university. I had no idea what a degree involved. I took a leap of faith and, yes, it was a massive learning curve. There's no question about that. However, with the online learning, the flexibility and the engagement with the course coordinators, it's been a wonderful positive experience. So, we've been studying health and then we were lucky to have the opportunity to work with a key professional from KPMG who came to a lecture and shared with us all his wealth of knowledge. You've got your theory and then you've got your practical case study where it's actually happening and it's actually gone wrong and how you're going to fix it. It's a great way of learning. There's no question that this course is giving me confidence. I know what I'm doing now. I understand it very well. I'm currently looking at job opportunities. There's an awful lot out there of project management so I'm now able to pick the ones that I'm interested in and, yes, I'm really looking forward to that stage of my life.


That's nice. Apparently I'm also a magnet for this guy right now Brock Purdy Retrospect on card auto San Fran number 250 holy cow on card Purdy Let's go I'm gonna grab a box and wrapper. There's some like light scratching where it says specked down to like the logo That is sick though on card Brock Purdy. Congrats San Francisco, that's a big card right there. Oh jarad There's jarad and chat. Hell yeah, buddy jarad


The Qolsys IQ Panel 2 Plus Wireless Security and Automation System The Qolsys IQ Panel 2 Plus offers all of the same features and monitoring rates as the original IQ Panel 2 system we reviewed earlier, but in addition, it contains an onboard PowerG Transceiver. This unlocks all the advantages PowerG brings to the table, such as two-way military-grade encryption, up to eight-year battery life, and with the IQ Panel 2 Plus, the second-best wireless range of 2,400 feet without a repeater, and 4,800 feet with a repeater. Also, the IQ Panel 2 Plus has several different models that will allow end-users to use their existing 2GIG, Honeywell, Interlogix, and DSC wireless sensors to save money. Click the show more tab below for more information on specific product numbers. In addition, when non-PowerG sensors are utilized, they will not enjoy the features of PowerG. When an end-user uses PowerG smoke detectors, they will be able to enjoy the one-go-all-go feature. Lastly, since the IQ Panel 2 Plus uses PowerG technology, end-users can add a much less expensive secondary keypad if they choose the WS9 LCD WF9. The only downsides to the Qolsys IQ Panel 2 Plus we could find were the IQ Panel 2 Plus isn't able to use alarm.com image sensors because the PowerG module is hosted in the same slot. The IQ Panel 2 doesn't offer any interchangeable cellular communicator options. You can't bypass sensors remotely from the alarm.com app.


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, Louis. We're going to start out today with the gold market. I'm going to bring the gold market up on the hourly chart up into this area. If you remember, you know, we had the big A-B, let's double check to make sure that this is coming through at T-F-N-N and everybody can see it clearly. So give me a second and I will ask the folks at T-F-N-N if everything is good and it looks like it is so we can continue on here. There's where we were. We're going to start out. Go back to the weekly chart. I wanted to remind you of something here. There's the weekly. There was the A-B-C-D pattern right there. 1828, the low was 1824. We have the big rally up here and I mentioned to the folks that we were reaching very close to a 50% retracement of this whole move in here but what we wanted to be watching for just like over in here we wanted to watch for a 3-8-2 retracement. Remember folks, this market moved 110 points in two days. I mean, this shows eight days here, actually four days because of last week but there's where we are but let's just go back to that hourly chart because this is what we thought we would be looking for. We wanted to say we had the low. There's where the high was Friday up here in 1945. You see that was the 50% retracement of that bigger move back here and I said watch for a 3-8-2 retracement. That should be pretty good support for the goals. All we're going to do now is to remove all of this and you're going to see if you don't believe these things you're going to have to pay attention eventually because you see them all the time. There it was folks, right there at 1921 was your 3-8-2 retracement of that move from there. We rallied all the way up to 1938. We rallied $1,800 and that's just about one half harmonic number and the goal is slightly more and then we backed off. We've done very little but the fact that it held that number is really very, very impressive. Well, let's look at something. The reason why I'm telling you this folks because that 3-8-2 is such a powerful number and if you really want to find support and resistance without looking at sophisticated oscillators and things like that take a look at some of these others. Now here is the natural gas that we were trying to be short today. You remember we have this big ABCD pattern up in here. Here's where we were on Friday. There was Friday the 13th. We were making that 78% level. This is when we started to break down on Friday. You'll notice that we're breaking down hard and if you just took that little low here. Now remember this is a 3-hour rally folks so that's a substantial rally. This one here was 4-hour, 4-hour rally. This is a 3-hour rally so you just go to your previous high which is right back here. You move it down to the bottom here and you see it misses the 3-8-2 by 10, that's $100. The number is 332. This high is 33150. It misses it by less than $100. Then you see another 3-8-2 pattern right here and then you have one right here. Look at this. You see this beautiful little ABCD pattern right here? This was today. If you looked at it real closely, you'll see from your high that you made back here on Treschi Decafobia. Fear the number 13. Where did it go to folks? Right to the old 3-8-2.  You'll see that it went almost exactly to that 3-8-2 but it was a perfect ABCD pattern coming in here. Here again it misses it by $1. There's the gap that we had. We went into that gap, took the high of the day out and then it's moving down a little bit lower in here. That's what we're watching here as we're looking at some of these things. Hold on one second folks. I have to turn off the beepers in here because they're going to be driving me crazy if I don't turn it off. We're off. That's what I'm watching here. That's the gold. Let me get it out to where we were with the natural gas. Here it is. The reason why I'm showing you this natural gas, this is just the hourly. What we're going to do now is we're just going to go and take this and stretch it out and go way back here. We're going to go way back. Get rid of all of this. We're going to go way back to the low, way back here. This was back on August the 24th. All we're going to do is we're going to go up from the low up to the high and look at today's low folks. Today's low was within $1. It was looking at $106.80. The low was $105.60. We've rallied $600 from there. That's a pretty good move. What I try to do, you're not going to get all of these, but what you want to do is when you have a new low right here, watch to see what this one could be. You can see this one is a 61% retracement. That leads nothing more than your ABCD. There's your AB leg. There's your CD leg right up in here. We know that, don't we? If you take that last low from this low to this high, where does it take you to? Right on the money. We're looking at the exact 382. Now what does that mean? That means that that's a pretty substantial move and it takes off. I haven't even measured this little one right here. It probably is a 382 just looking at it. Let's just do it for kicks and giggles. Here it is right here. There's your low. Here comes your high. And there's your 382 right there again. But let's get back to where we're going to do some measuring now. Because if this is what we're looking at, this is why we were bearish that the natural gas is because we have this 382. That gives us a big ABCD from down at this level. So all you want to do is you want to measure your ABCD down from the low up to the high. Now you can see the 1.618 expansion is right here at 336. We went above that by about $8 or $9, which is not unusual. Then you had the lower tops in here and that led down to where we are right now. So what do we do now with the natural gas? First of all, one of the things we want to be looking at here. Hold on one second. I want to get this moved over just a little bit right here and we'll be able to see it right here. We want to watch for the first 382 retracement off of the high because this may be a major high. This will be an indication that yes, this could be the high that you want to get short. So you go back to this high right here. You come down to your low right there. So your 382 is going to come into this gap at 321. It might hit it today. If it does, I'll look to be short because that's the area where you want to be getting short. You had a little bit of a rally here. It's only been about, let me see, it's rallied about $1,000. So it could rally another $600 into this area here. So that's a key level of what all I'll do is I'll come over here and I will mark this with a price objective to tell me that's where I want to start looking at it. So that's what we're looking at right here as we're unfolding these things here so far today. Okay, now let's move over here and I want to get one other thing done and I want to do another one because we need to be, oh, how much, I've got to check the timeframe here to see where we are with time. We got to take a break.<PHONE_NUMBER>. Billy Ray Valentine, Capricorn. 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. Get out 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 visit 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. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger 4X report. Teddy Kegstad breaks down the 4X markets every Monday using his 30-plus years of experience in a future's 4X stocks and options. Teddy releases his weekly Tiger 4X report every Monday morning with coverage of all the major currency pairs, including the Dollar Index, the Euro Dollar, Pound Dollar, Dollar Swiss, Dollar Yen, as well as many more, and he also has weekly coverage of the crude oil market and the 30-year T-bonds as they both influence 4X markets tremendously. When you sign up for the Tiger 4X report, you also gain instant access to Teddy's 60-minute Webinar Archive. He just hosted 4X Strategies with the fundamentals what is behind the Tiger 4X report. For all the details and to start your 30-day Tiger 4X report subscription today, visit the front page of TFNN.com. TFNN Educating Investors. All now, toll-free at 1-877-927-6648. Internationally at<PHONE_NUMBER>. Okay, folks, we're going to take a look at the crude oil, folks. This is the 4-hour chart on the crude oil. What I'm going to do is I'm going to break it down into segments because this is a Gartley pattern that we have forming here. You can see the high we made up here. The high was supposed to be 94-91 based on that big ABCD. The high was at 95-03, so that missed it by 12 points, so we certainly count that as a correct one. That's a little joke, folks. Anyway, that's what we're watching, but there's your high right down in there. You're low from October 6th. You have a perfect ABCD right there. What we're going to do now, through the miracle of changing time frames, is we're going to go to a 60-minute. I wanted to show you there was the high that we made in the Hello operator, the crude oil, back here on the 28th of September. Then the market came down. You can see the small ABCD pattern.  Now, this one is very, very important because it had a really nice ABCD. What we're going to do is we're going to blow that up a little bit so you can see it. These are the kind of things that I look for in the middle of the night when you guys are sleeping, and I'm not. From the high down to the low, you'll see you have an A leg right here, there's your B, CD leg right there. There it is exactly at your 382. What does that lead to, folks? Johnny's raising his hand and he says, it looks like an ABCD to me. There's your A leg right back in here. I know this is second nature to everybody, but there's a few folks out there that are new, and that tells us we should get down to this level right about here, 8319, and of course we go down to 8145. We make several lower lows. There was your first low right here. You had a little ABCD pattern here. There was your big low, and here's where we were coming in tonight. Now, there's where we were Friday, right here, Trusky Decaphobia, the fear of the number 13. We had a high of 8798, and all night last night, it couldn't take that out until early this morning. It made 8827. Look at the 50% retracement, folks, 8822, and from there, it's had a pretty good move down. It dropped $2,000, then rallied back up. Let's just go down to the smaller time frame now so we can see it a little better. There's where we are. There's the 382. There's the number you want to watch, folks. If you're interested in following a war, do you think this thing's going to make oil go to 150? Well, before it gets to 150, it's got to get above 8850, and so far that's the X point right up here, ABCD. There's your 382 right here at 8603. So there's the number you want to be watching. And just a minute, the classroom bell has rung, and we have a question possibly, and we got Jeff from Philadelphia on the line. Jeff, what can we do for you, my friend? Hi, Larry. It's great to have you back on the air. Thanks for taking my call. Thank you. It's good to be back. I'm trying to be showing right now on oil. I noticed that there was a big gap in that first leg. Could you talk about that? Does that affect how you would trade that cartley pattern, or does it matter that there's a big gap there? No, it doesn't matter because it... Well, I'm trying to say it without missing my words here. After it gapped, it started to trade normally. In other words, that gap was due to a large order of some kind. But after that, it started to trade normally. In fact, I'm talking about crude oil right now on the air. And since you're there, we'll just take a look here. You'll see that we have a really nice 382 coming in at 86.03. Now remember, the market went from 82 up to 88, so it rallied $6, so it's going to come back just about... just not quite 3, 86.03. So that's where you want to be watching it because you're going to have an ABCD pattern there. And if the 382 is good, and if the 382 is good, you don't have to risk more than about 60 pips to see if it's good or not. But like we say, the 382 is good about 70% of the time. But that other 30%, you just got to get out of dodge.  You know what that's like, because you've already done that in the past, and you're not doing that anymore. So that's good. Does that help you to what I'm trying to show you what's going on with crude? To me, it's very, very clear because a perfect ABCD up there at 88.20, and now it's at 80. Okay. I'm sorry to interrupt. Yeah, I just remember that if there was a gap in one of the legs of a cartwheel, that that could represent an issue to be addressed. Oh, absolutely. If it was only if it was in the last leg, like the CCD leg, if there's a gap, then you want to be careful because it shows strength and it might keep going.  The thing is if the market gaps up a little bit, let's say it gaps up a half a dollar or even a dollar, dollar and a half, and then it starts to trade normally for the next dollar, dollar and a half. That just means that that gap has been taken care of and the people were buying it had to pay up for it. But the gaps that really are the real crazy ones is that if you're right at point C and then the market gaps, those are the ones you really need to take extreme care of because that tells you that that CD leg is going to be at least 1.27 or 1.618 more than the AB leg. Right, because of the strength. Okay, gotcha. And Jeff, I'm glad you talked about it. You have another question, go right ahead, please. No, I'm sorry, I was just saying thank you. You're welcome. One other comment on this, Jeff, is the algorithmic traders that are out there, they are familiar with these numbers and if you believe that they know what these numbers are and they've seen ABCD in the past because everything is based on these computers and if you do a computer run with ABCDs it's going to be ringing bells all day long and they know that if there's a big move coming out of that C leg that that's going to be expanding and so they'll be watching that too. So pay attention to that because that C leg is the key leg of the ABCD leg because that's the one that gets you up to, you know, your next ABCD and that's your second part of the trade. So I hope that makes sense. Yeah, yeah, perfectly. That's great, well thank you very much. You're welcome. Thank you very much for calling in, certainly appreciate it. We're still talking here about crude oil folks. What I'm going to do now is just I'm going to draw in the ABCD pattern so you'll be able to see it. There's your high up there at ADA 20 and we're going to be looking to come in right about here which would be your 86, right around 86, 10, 8603 where 70 handles, 70 points away from it right now but that's what we're looking at right here. Now if we start getting below that then it'll tell you that maybe the slow is going to be even greater but stop and think folks, just look at this daily chart of crude oil here. Look at this thing folks, you know, that war didn't break out till up in here. This where the war break out, okay? And then nothing happened.  I mean we saw it go straight up and of course it came straight down again but look what it did. This is a perfect Gartley cell signal right there. I mean that's what Gartley talked about. There's the gap that Jeff was talking about but notice that once you get up here and start going around this gap is pretty much doesn't make much sense anymore, okay? So then it comes down, there's the 78% retracement right here and there's your A, B, C, D that we're looking at today and just it did exactly, they don't always work like this of course but when they do they look pretty nice and that's all this was looking like is it was pretty nice. So let's take a little break here, pay a few bills,<PHONE_NUMBER>. We'll be right back. 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. 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. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority in technical market analysis and it's not just dry, tedious 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 8 different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be. TFNN Educating investors. TFNN.com. Then hit Watch Tiger TV. That's TFNN.com. Then hit Watch Tiger TV. I didn't make this up. I just happened to hear the beeper go off while you were... We were on our break. Look at this. It went to the exact tick of the exact 382 retracement at 3045. We've already rallied 100 points. Very important. Now, if this is true, we should have done the same thing in both the S&P and the NASDAQ. We're going to take this right here. S&P right here. We're going to go back here to this level over here. There's a 13th. There's the below right here on the 13th. It's right there, Trusky Decaphobia. I think it went below it by just a little bit. There's your high right here. There's your low. Look at that. Exactly 382. Let me ask you a question. I know, Johnny. Just relax. Don't you think somebody out there is going to have a mathmatic land from MIT or Indiana State or someplace like that? Butler University, Indiana University and Northwestern University. Those are the universities that I went to. They must notice something about mathematics. This is not very hard stuff. It's exactly 382. Now, if that's the case, let's just double check with the old NASDAQ to see if it did it. What I'm trying to do, folks, is build a case to show you and pay attention to it. I owe it to my good friend, Tommy Hougard, because Tommy terrific showed me what he was doing. He didn't even know what the 382 was. All I did was I kept looking at what he was doing and I said, oh, my goodness. I said, I see what that is. There's your high. This one didn't work. There's your low right here on the 13th. Move that over here. Well, it didn't miss it by much. The number came in at 15,225 missed it by 10 points. It went 10 points lower. That's why it did happen. Now, look at this one. Same thing. If you're watching this inter-day, you've got a high up here. You come down and there's your 382 comes in here. Misses it by one point. 52.06 52.05 So it's just one point off. It doesn't work all the time, but when it does, you're really good idea of where you stand as far as some of these things moving around. Now, here's another one that is working right that has been working for quite some time now. This is the hourly chart of the Euro last night. You can see here we had the 382 retracement last night off of the high that we made back up and in here. So the Euro is still in a downward move. There's the low here from the 13th. Here we are out here on the 16th and this market is still looking like this has been very strong resistance, so we expect it to keep going lower. That's what it's all about. That's what I try to cover when I'm doing these videos each night to try to point these out. That's what we're looking for. Now, here's one that just I could see the background in here. Just give me a second here to get this up to... I've got to get this up here. Yeah. Oh, boy. God didn't make me technically proficient for sure. This is the treasury bonds, folks. Okay. This is just a 13-minute, but let's go down. Well, let's do the 13-minute because this is important. Here's where we were last night. I set the video out. First, we were looking at it on the hourly chart. That's the first thing we start out with. That's the bottom right here. Now, you'll notice that we had a pretty good bottom. It rallied 400 bucks. But once we went below that, that tells you that it's no longer any good. You see? So you had your move here and then it started to go down and look where it is now. Where it's telling us it wants to do now, it wants to go even lower. Let's look at this on the daily so we can all get a really good idea of how important that was. This is the bond market, folks. It's getting less and less friendly all the time. No matter what they say about it, it keeps going wanting to go lower. We had a rally that lasted one, two, three, four, five, six, seven, eight days. That rally amounted to four points. This rally amounted to just a tad more than four points. Okay? This rally took one, two, three, four, five days and it's down. Where did it stop at? From your high down to your low right in here. It stopped exactly at the 3-8-2. This is how you define trend. I'll tell you this, folks. When you see 3-8-2 in the Elliott Wave newsletter, please alert me because when they find it, it's going to be gospel. No one's going to listen to this old cowboy from Terre Haute, Indiana. Two miles away from Cabin Creek, Illinois, which is one of the high spots in the state of Illinois. Anyway, that's what we're watching here with these Treasury bonds. It looks like we are going to be going lower. Let's look at them again on an hourly basis because we are going to come into some pretty strong support here when we finish this next ABCD because, let me tell you why, folks, because this is the low. No question about it. We went from 108 to 114. We rallied almost, we did. The last rally only took us up four handles, so that's four handles. On page 222 of H.M. Gardley's book Profits in the Stock Market, he said, buy the first ABCD in a new bull market. So if we assume this is a new bull market, okay, we don't know that it is but we're going to assume that it is. He said, buy that first ABCD in a bull market. So from this low to this high, okay, down to this low right in here, which is going to be right at your 78% level. We're going to mark it in. It's going to be 110. 110 is what we'll be watching for. Actually, it's, yeah, 110, roughly 110.06. Well, the actual number is 110 even. 110.005. That's a little more than a point from where we are right now. So if we get there, not today, but the next day, that would be nice. 1713. And if we start going below this level, it's wrong. So when you buy it at 110, you put your stop at 109.16. You're going to have to risk about $600. But if you're right, then you can be looking at an ABCD to the upside. And that's what maybe is making the market be so strong. Do you know what I'm saying? And I don't know. I'm not a fundamental person. I'm just looking at the charts and it's holding up that well. It's a pretty good sign. So I think it's important to remember that. First of all, let me get these things lined up here pretty good so we can put these up so we can see where we are to make sure, boy, the market comes right back. It goes down and it comes right back. This is what we like to see in these markets. All right, let's move on here to the next one. We covered the Euro. We've covered the S&P. And where's the other one out here? We've got another one in here, someone I wanted to cover. I covered the natural. Oh, we've got to cover the soybeans. We've got to take a break first. So I think we've got a... Oh, we've got 34 seconds left. Let's get this soybean chart up and we're going to take a look at that because that's got a chance to have a pretty good move here. We'll be right back.<PHONE_NUMBER>. 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.  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 is dedicated to educating investors. Are you ready to take your trading to the next level? Introducing Tom O'Brien's award-winning newsletter Market Insights, your key to successful active trading. Tom O'Brien, renowned for his expertise in the financial markets, has designed Market Insights to be your daily guide to profitable trades. Tom publishes his daily Market Insights newsletter every market day before the market open, along with updates when warranted. Stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight to the market. If you're a successful trader or just starting out, Market Insights provides the edge you need to navigate the markets with confidence. 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 follow Brian's award-winning newsletter Market Insights firsthand. TFNN, educating investors. To obtain a prospectus or summary prospectus, please contact Direction Shares at<PHONE_NUMBER>. The prospectus or summary prospectus should be read carefully before investing. An investment in the funds is subject to risk including the possible loss of principal. 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. Okay, we'll get over to a normal market here now, folks. This is the daily chart of the November soybeans and we've had this big move right here. You see the ABCD down. We've rallied about a little more than 50 cents of bushel, which is a substantial amount for the soybeans. This is the type of... this is the same pattern that we're looking to hopefully find in the beans. Now, this is a daily. The beans we're looking... the bonds, the bonds, the bonds. We're trying to see this same pattern right here is in soybeans. We think it's going to be the same thing in the bond market. There's nothing more than an ABCD, a new ABCD, okay, and potentially a bull market. We don't know what is yet, but it's got to get a lot higher first. But here's what's happened over the last three or four days. What we're going to do now is we're going to go down to the hourly chart and you're going to be able to see that here's what we were looking for. We're waiting for this ABCD pattern.  So that is no longer valid because it doesn't... it didn't complete... it completes over here, but that's a totally different pattern. There's the 61% retracement off of that big move. You can see that's what we've rallied to. All we did, folks, from behind... look at this. There's your last 382 that you had right back here. Okay, there was your other one that you had right here. We should have another one come in pretty close to where we hit here, right here. There it is right there. There it is at $12.95. We're now trading at $12.85. So it did hold it. So that tells us we're still in a still in a bear market, but there's a chance and I do mean slight chance. This is what you'd like to see if you want to be a buyer of soybeans. Clean all these out so you don't have to look at it. You go from your low up to your high and you want to find your first really good ABCD and there it's going to be here. Either one of these highs. There's your B leg, there's your C leg, there's your D leg, so you just want to draw it in from your low up to your high, right here. We're going to move this over otherwise it's going to look like a double top and we don't really care. We just want to get that spot in and here it comes in here at $12.70. That's down 14 cents from where it is right now. So that's going to be your first place to potentially take a look at it. However, you have to be aware when you're watching this, you've got an ABCD pattern coming in right here that's going to take you down to guess what the 78% level. So this would be the best place to buy it right here at $12.63. That's 21 cents from where we are right now. Now that's not much because the market went from 1,300 it dropped 28 cents just to get to there then it rallied up to the 61% retracement. So to get to either one of these numbers is not very hard to do. So your job is to watch it here because if it holds here it's coming down really hard like this into this most probably it's going to get to here. But if it takes a long time to get to this level, like this type of thing right here, that's when you want to do it because then you can you can risk 8 cents. You can be a farmer for $100 bucks. You know, you don't want to be a farmer for $1,000 or $2,000. You want to be a farmer for $400 and $800.  So that's what we want to be watching in the soybeans. Very very important. Someone asked a question about Mr. Appel who's down by the well. Let's get this up here. Haven't looked at Apple for a long, long time here. It was over the weekend. Oh, here it is. This is where we are with Apple. We've had a pretty good run off of this bottom right down here. This is a weekly let's get up to the daily so we can see what's been going on. This is what we look potentially is what we're looking at here in Apple is $160. The reason why we say that we have lower tops in here. As you can see that's exactly what we've been happening. It's down on the day, believe it or not today. I was really surprised given the fact that the stock market is a dog strong. Apple is actually down on the day. Wow, that's very unusual. Yeah, it says it's down. Wow, hard to believe. Anyway, that's what it looks like. We're headed towards an Apple is this level level down in here. $162 to $160. That's where I think we're going to be watching it. If we do get to that level get this out here like this. When we get to that level, you then be looking at a gorgeous three drive to a bottom pattern. There's drive one there's drive two there's drive three and there's where you want to be $17 lower. You know look for a spot to get along the Apple because that could really be a really nice move. That's not much of a move down from $198 down to once that's a 10% move down in a period of five and a half months a low operator. Boy, that's a very, very bullish market. Remember this time of the year between October and November. This is well September October. It's when your bottoms are made in the market. Maybe this is the bottom here on the 28th of September. That might be it. We don't know yet. We start getting above here then we'll have a pretty good idea. Okay, someone else asked about Tesla. Let's take a quick look here at the richest man in the world's auto company. There's nothing more than a battery company and a data company. And here is a member this is supposed to go to 240 excuse me 440 by our friends at well, that's a weekly we want to get to a daily. Sorry folks. Okay, here at the D Larry the D see we are in here's where they came out with the that they was going to go to 400. Okay, it went right up to the 78% level here at 280. Now we're right here. You can see it's up on the day right now. It was lower right now. It's up on the day. So that's what we're paying attention to here right now. Very sorry, folks. I'm afraid my frogs are coming back in my throat here. Anyway, that's what's looking at the folks when they give a report like this, believe me, they owned options when they told you they wanted to go to 440. Now maybe they got out somewhere in here. I don't know. But when they tell you it's going to go to $200 in crude oil and stuff like that and Larry Pesavento tells you it's going to go the apples going to go to 160. Remember, folks, you have the responsibility to do your own research and to do that. Now I'm not basing it on any fundamentals.  So anyway, that's what I'm paying attention to. We had a talk that someone wanted to ask about and that was Target. Target it's been under a great deal of pressure. I don't even know if I have it anymore. Target is that TGT? I don't think I have Target in here anymore. So I'm not going to worry about it anymore at all. So that's that was the last one that I had that someone had a question about and I don't have Target in my group of things to be looking at here. So if you have any questions, there's only a little bit of time left<PHONE_NUMBER> and we'll be happy to give you some information. If we have it, if not, I'll make something up. It might be interesting. Who knows? Alright, let's take a let's see what the old clock on the wall says as far as time left to go. Wow, we got a whole minute left. Well, since we do that, let's just add Target to the list since we're we're down in this here. I can do it all. We put up T for Target and then we open it up here. I know it's getting a heck beat out of it because it's being this is the weekly. Wow, it's really gotten hit. Let's look at it on the daily here. It's under a great deal of pressure here. I don't look too bad here though. It's actually held relatively well. We're had some major support coming in here. Right at the 61% retracement. That's where we are right now. But I hope she is you know what? I don't even know if T is Target. I don't think it is. No, disregard everything I just said. I know T must be telephone because that's what it's been forever. My bad.<PHONE_NUMBER> If you're looking for potential trading setups in the stock market, then Rocket Equities and 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 and 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?  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.  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 Educating Traders for more than 20 years with live programming hosted by a variety of professional traders during market hours. The Tigers Day available to all Tigers and Tigresses for just $1 for the year. There's no cash or added costs when you join our community of traders. Sign up today and 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. Okay folks, this is target on a weekly basis going back to 2019 and you can see here in the middle it hit the 382 up there at 183 one, two, three times this is within $1 of the exact 183. This was 182 and change. This was 183 which is by $0.16 but there's pretty much spot on right here then it starts rolling over. If you look at this, if we blew this up you can see this would be a 382 retracement. Let's just do that since we've got time and no one's asking questions. Let's just go to a daily chart and that'll show it to us where we are. This is what we want to be watching and that we want to watch that little ABCD that we want to define which would be right in here. That's where it would be from this high right here it should be right at the old spot down 382 is what it'll do where is it at, there it is. Actually it misses it by it misses it by $0.60 folks, there it is right here and then it starts, it's moved down so if you're looking to buy this we actually hit some really good support down here at this 1.618 here at 101. If you're looking for a good buy a friendly hello and a good buy you don't have to risk too much right in here on this one right here I think about $6 is all you'd have to risk but frankly if you want to buy something buy Apple at 106.160 to me that would be the one that would be the best deal to get. Tomorrow we hope to have a special mystery guest that hasn't answered my phone calls as of yet but in two weeks when he gets back from his vacation over across the pond Peter Lides is going to spend the whole hour with us and we certainly enjoyed having what's his name Joe DiNapoli on last Friday he was really spectacular. Okay so that's pretty much it folks so live every day in an attitude of gratitude and may God bless live every day in an attitude of gratitude like I always try to do because boy folks Buckaroo and I certainly appreciate it may God bless